Sales Goals Sample Clauses
The Sales Goals clause sets specific targets or benchmarks for sales performance that a party is expected to achieve within a defined period. Typically, it outlines quantitative objectives, such as minimum sales volumes or revenue thresholds, and may detail how these goals are measured and reported. This clause ensures both parties have a clear understanding of performance expectations, helping to motivate achievement and providing a basis for evaluating success or triggering certain contractual rights or remedies if goals are not met.
POPULAR SAMPLE Copied 4 times
Sales Goals. The Marketer agrees that during the term of this Agreement, the Marketer will meet and maintain the franchise sales goals ("Sales Goals") set forth in Exhibit I to this Agreement.
Sales Goals. Licensee agrees to attain mutually agreed upon annual sales goals for the product as follows:
(a) No sales goals will exist for the period commencing on the date hereof and ending on the last day of calendar year 2007.
(b) Beginning with calendar year 2008, Licensee and Licensor will meet annually and agree on sales goals for each succeeding year, starting with calendar year 2008. Such agreed upon sales goals for each succeeding year will be in writing, executed by both parties and become part of this agreement.
(c) Should Licensee not attain any of the agreed upon sales goals for any year, Licensor may issue a notice of default to the Licensee. Licensee will then have a period of ninety (90) calendar days from receipt of said notice to cure the sales deficiency. Should the Licensee remain in default at the end of the cure period, Licensor, at their sole discretion, may terminate this agreement upon thirty (30) calendar days notice to the Licensee.
(d) Should Licensee and Licensor be unable to agree on sales goals for any year either party may terminate this agreement upon thirty (30) calendar days notice to the other party.
Sales Goals. The Marketer shall meet the following cumulative Sales Goals by the last day of each twelve-month period ("Sales Year") during the term of the Agreement: Cumulative Minimum Number of New Pak Mail Centers Sold in Last Day of Sales the Territory Year Sales Year _______________________________ ____________. First _______________________________ ____________. Second _______________________________ ____________. Third _______________________________ ____________. Fourth _______________________________ ____________. Fifth _______________________________ ____________. TOTAL SALES GOALS =============================== The first Sales Year commences on the date of the Agreement and expires on the date shown above. Each subsequent Sales Year commences on the date succeeding the last day of the preceding Sales Year and expires on the respective date shown above. The sales made during the term of the Agreement are cumulative. Therefore, if the Marketer meets its total Sales Goals prior to the end of the fifth Sales Year, the Marketer's Sales Goals will be satisfied. PAK MAIL CENTERS OF AMERICA, INC. AREA MARKETER a Colorado corporation _________________________________ (Print Name) By:_________________________________ By:______________________________ Title:______________________________ Title:___________________________ Date:_______________________________ Date:____________________________ EXHIBIT II ---------- CURRENT FORM OF FRANCHISE AGREEMENT EXHIBIT III ----------- CURRENT FORM OF AMENDMENT TO FRANCHISE AGREEMENT (A.M. P.M. MOVERS PROGRAM) EXHIBIT IV ---------- GUARANTY AND ASSUMPTION OF AREA MARKETER'S OBLIGATIONS
(1) guarantees to the Franchisor and its affiliates and their successors and assigns, for the term of the Agreement and thereafter as provided in the Agreement, that the Area Marketer defined in the Agreement (the "Marketer") shall punctually pay and perform each and every undertaking, agreement and covenant set forth in the Agreement and (2) agrees personally to be bound by, and personally liable for the breach of, each and every provision in the Agreement.
Sales Goals. 4.1 The Parties agree to establish quarterly sales goals for the Products based on discussions between them, in the form indicated, and based on the sales policies specified by, the Seller.
4.2 The Parties agree to cooperate with one another in meeting the sales goals as set forth under the preceding paragraph, 4.
Sales Goals. Distributor shall attempt to meet the sales goals set forth in Schedule C attached to this Agreement (the "Sales Goals"). In the event Distributor does not attain the Sales Goals set forth in Schedule C, TPS may revoke Distributor's exclusive right to market, distribute and sell the Product in the Territory. The parties agree that Distributor's loss of its exclusive distributorship shall be sole remedy available to TPS in the event that Distributor does not attain the Sales Goals, but this Agreement shall otherwise continue in full force and effect.
Sales Goals. All ▇▇▇▇▇ Soda Products* July 1, 2001—June 30, 2002 650,850 cases** * All ▇▇▇▇▇ Soda Products include ▇▇▇▇▇ Soda, ▇▇▇▇▇ Whoopass and ▇▇▇▇▇ Juice **▇▇▇▇▇ Soda in 24 packs; ▇▇▇▇▇ Whoopass in 24 packs; ▇▇▇▇▇ Juice in 12 packs For subsequent years, the parties agree to meet prior to July 1, 2002 and July 1, 2003 to establish sales goals for the upcoming year. Sales goals will be determined based on current market conditions and investment spending by both parties. For the second and third years of the agreement, the sales goal will be the greater of the new objective established, or 15% greater than the previous year. Failure to meet at least 80% of the sales goals as outlined above for the period indicated is indicative of an unsuccessful effort to distribute the Product in the Territory and the Distributor shall not be entitled to the compensation set out in Exhibit F upon such termination.
Sales Goals. Sales goals shall be determined by Distributor and Supplier and sales performance criteria of Distributor shall be dictated as shown on Exhibit D. Both parties will shall work together to achieve these sales goals.
Sales Goals. In order to maintain Distributor’s rights in the Territory under Section 3.04 during the Term, Distributor shall meet all Minimum Requirements. Company shall determine Distributor’s purchase volumes applicable to the Minimum Requirements on a quarterly basis and, in light thereof, Company shall have the right, in its reasonable discretion, to adjust the Minimum Requirements set forth on Exhibit B no more than once per calendar year. Failure to meet the Minimum Requirements may also result in the early termination of this Agreement in accordance with Section 6.02.
Sales Goals. The Sales Goals for Incentive Year One shall be communicated to Ventiv promptly after being finalized by Client management and shall be consistent with Client’s own national sales goals. In the event the Sales Goals are not achieved, Ventiv shall have the ability to earn a proportionate amount of the total incentive fee available in Incentive Year One (i.e. $[***]). The minimum threshold for achievement of the Sales Goals shall be [***]%. For example, in the event Ventiv achieves [***]% of the Sales Goal, Client shall receive a credit of $[***] and if Ventiv achieves [***]% of the Sales Goal, Client shall receive a credit in the amount of $[***]. In addition, if Ventiv achieves more than [***]% of the Sales Goal, Client shall pay Ventiv an additional incentive fee in an amount in proportion to the actual Sales Goal achieved, up to a maximum of [***]%. For example, in the event Ventiv achieves [***]% of the Sales Goal, Client shall not receive a credit and if Ventiv achieves [***]% of the Sales Goal, Client shall pay Ventiv $[***] ([***]% of $[***]). If Ventiv achieves [***]% (or more) of the Sales Goal, Client shall pay Ventiv $[***]. In addition, in the event Client adds a Product (as set forth in Section 1(a)(i) of the Agreement), the Parties agree to adjust the Sales Goals in light of any corresponding changes to Client’s own national sales goals. Client shall notify Ventiv concerning achievement of the Sales Goals within 60 days following the end of Incentive Year One and Incentive Year Two. In connection with such notification, Client shall provide Ventiv with supporting prescription data received from one or more nationally recognized independent third party data providers. In addition, Client shall provide Ventiv with monthly prescription data to allow Ventiv to track Sales Goal progress. Credits from Ventiv to Client for failure to achieve Sales Goals in Incentive Year One and Incentive Year Two shall be reflected on the Ventiv invoice to Client in the month following the completion of Sales Goal calculations. Payments from Client to Ventiv for achievement of greater than [***]% of the Sales Goals in Incentive Year One and Incentive Year Two shall be made within thirty (30) days following completion of the Sales Goal calculation. Ventiv acknowledges that the Sales Goals thresholds, as well as the actual prescription results constitute “Confidential Information” of Client and such information is subject to the requirements set forth in Section 6 of ...
Sales Goals. PRODUCT 1995 1996 1997 1998 ------------------------------------------------------------------- HGW 3.xJ N/I TBD TBD ▇▇▇ TBD HGW 3.▇▇ ▇/▇▇ TBD TBD ▇▇▇ TBD HGW 3.▇▇ ▇/▇ ▇▇▇▇▇▇ TBD TBD ▇▇▇ TBD Total ▇ ▇▇▇▇▇ TBD TBD ▇▇▇ TBD Uni▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ for 1995 will be mutually agreed upon within 30 days of the Effective Date. PRODUCT Q1 Q2 Q3 Q4 HGW 3.xJ N/I TBD TBD ▇▇▇ TBD HGW 3.▇▇ ▇/▇▇ TBD TBD ▇▇▇ TBD HGW 3.▇▇ ▇/▇ ▇▇▇▇▇▇ TBD TBD ▇▇▇ TBD Total ▇ ▇▇▇▇▇ TBD TBD ▇▇▇ TBD EXHIBIT G SUPPORT COMMITMENTS TECHNICAL SUPPORT Choten Inc. will provide a dedicated end user and dealer hot line to provide first level support to all users of Harvard Graphics in Japan. The hot line will be open during normal working hours and will be manned by suitable qualified staff. SALES AND MARKETING SUPPORT Choten Inc. will provide the following dedicated resources in addition to all general sales and administrative functions. JAPAN BASED