Saint Lucie County Exclusive Territory Sample Clauses

Saint Lucie County Exclusive Territory. (a) Franchisee shall increase its existing Sales Volume within the Saint Lucie County Exclusive Territory by no less than [***]% per annum in the twelve (12) months preceding each Measurement Date. The parties hereto stipulate that Franchisee’s Sales Volume within the Saint Lucie Exclusive Territory was $[***] for the twelve months ended December 31, 2012. Sales Volume shall be measured as of December 31 of each calendar year (“Measurement Date”) during the term of the Franchise Agreement beginning December 31, 2014; provided that if the Effective Date is on or after January 1, 2014, then the Measurement Date shall be March 31 of each year [***]Confidential treatment requested pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Commission. instead, beginning March 31, 2015. Sales Volume shall be measured using the total Sales Volume generated by franchisee’s Locations located in the Saint Lucie County Exclusive Territory.
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