Retail Display Allowance Clause Samples
A Retail Display Allowance clause establishes the terms under which a manufacturer or supplier provides financial incentives to a retailer for prominently displaying the supplier’s products in the retail space. Typically, this allowance is paid as a fixed amount or percentage of sales and is contingent upon the retailer meeting specific display requirements, such as product placement in high-traffic areas or end-cap displays. The core function of this clause is to encourage retailers to give preferential visibility to certain products, thereby boosting sales and ensuring that the supplier’s products receive enhanced exposure in the marketplace.
Retail Display Allowance. ▇. ▇▇▇▇▇▇ shall perform the work of receiving and collating information from retail magazine dealers and issuing payments on behalf of Publisher to them for amounts due to them under retail or checkout display allowance ("RDA") programs conducted by the Publisher in reference to the Publication(s) as previously authorized by Publisher in writing for each retail outlet. Such payment to such dealers for retail or checkout display allowances shall be charged to the Publisher's account and recovered and received by Warner as provided in subparagraph 9.b.(iii) hereof. Warner will perform such services pursuant to the terms and conditions of the Publisher's RDA contracts on a timely basis and will make such payments to such dealers on not less than a calendar quarterly basis.
(i) For the services to be performed under subparagraph 5.b. and Exhibit A attached hereto and made a part hereof, Publisher agrees to pay Warner an annual fee of twenty-two thousand two hundred dollars ($22,200 USD) for up to thirty-four (34) issues with an average retailer base of four thousand (4,000) retailers per issue. In addition, Warner is entitled to receive a pro rata portion of the annual fee amount for any issue and/or retailer in excess of the thirty-four (34) issues and the retailer base of four thousand (4,000) retailers average per issue. Such annual fee shall be adjusted annually for an amount equal to fifty percent (50%) of the increase in the Consumer Price Index for Urban New York and shall be paid to Warner in twelve (12) equal monthly payments.
(ii) As a result of Warner's performing auditing services of RDA claims, Warner is entitled to receive one-third (1/3) of the total savings recovered by Warner on behalf of the Publisher from such audits.
c. Publisher, on not less than four (4) months prior written notice to Warner to the claim form mail date for the final RDA quarter to be administered by Warner, shall have the right to perform the work related to and to administer its RDA program or use the services of a third party to perform such work. In which case the payments to be made under subparagraph 5.b.
(i) will continue for four (4) months after mailing of the claim forms for the final Warner administered RDA quarter, but will in no event exceed eight (8) monthly payments after such notice.
Retail Display Allowance a. Warner shall perform the work of receiving and collating infor▇▇▇▇▇▇ from retail magazine dealers and issuing payments on behalf of Publisher to them for amounts due to them under retail or checkout display allowance ("RDA") programs conducted by the Publisher in reference to the Publication(s) as previously authorized by Publisher in writing for each retail outlet. Such payment to such dealers for retail or checkout display allowances shall be charged to the Publisher's account and recovered and received by Warner as provided in subparagraph 9.b.(iii) hereof. Warner will perform such services pursuant to the terms and conditions of the Publisher's RDA contracts on a timely basis and will make such payments to such dealers on not less than a calendar quarterly basis.
c. Publisher, on not less than four (4) months prior written notice to Warner to the claim form mail date for the final RDA quarter to be administered by Warner, shall have the right to perform the work related to and to administer its RDA program or use the services of a third party to perform such work. In which case the payments to be made under subparagraph 5.b.
(i) will continue for four (4) months after mailing of the claim forms for the final Warner administered RDA quarter, but will in no event exceed eight (8) monthly payments after such notice.