OREGON WHEELS Sample Clauses

OREGON WHEELS. 6.1 Inclusion of Subscribers in U.S. Wheels. At such time, if ever, that Navidec develops U.S. Wheels, every Subscriber shall automatically be offered a subscription to U.S. Wheels without requirement for payment of the setup or monthly fee therefor. 6.2 Revenue Sharing/Recurring Revenue. Media Partner and Navidec shall share Oregon Wheels Recurring Revenue as follows: Media Partner 70% Navidec 30% 6.3 Advertising/Revenue Sharing. Except as otherwise provided below, Media Partner is entitled to sell online advertising for display within Oregon Wheels and/or on-air sponsorship advertising in conjunction with Oregon Wheels commercials. Notwithstanding the foregoing, Media Partner shall not be entitled to sell any Oregon Wheels related online or on-air sponsorship advertising to financial institutions. Media Partner and Navidec shall share all revenues (if any) generated from any such advertising as follows: Media Partner 85% Navidec 15% 6.4 Revenue Sharing/Kiosks, Missiles and Subscriber Websites. The parties acknowledge that Navidec may sell Kiosks and/or Missiles to Subscribers and may also develop individual websites for Subscribers. Gross Revenues generated from such sales and/or development, shall be shared by Navidec and Media Partner as follows: Navidec 90% Media Partner 10% 8 Gross revenues generated from ongoing Subscriber maintenance fees associated with individual Subscriber websites shall be shared by Navidec and Media Partner as follows: Navidec 70% Media Partner 30% 6.5 Setup Proceeds. Navidec shall be entitled to 100% of all Oregon Wheels Setup Proceeds and shall pay therefrom all Dealer Inventory Integration Fees required to be paid to the third party vendor providing the software that allows seamless integration of the Subscribers' automobile inventory systems with Oregon Wheels.