Common use of OPERATING PROFIT REBATE Clause in Contracts

OPERATING PROFIT REBATE. Within thirty (30) days of the first anniversary of the Effective Date, Flextronics shall pay to Customer the amount of Flextronics' Operating Profit for that year that exceeds five percent (5%) of Net Sales for that year.

Appears in 6 contracts

Samples: Confidential Treatment (Riverstone Networks Inc), Confidential Treatment (Riverstone Networks Inc), Confidential Treatment (Cabletron Systems Inc)

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