Sales Program Sample Clauses
The Sales Program clause defines the terms and conditions under which a seller offers specific products or services to buyers, often as part of a promotional or incentive-based initiative. It typically outlines eligibility requirements, the duration of the program, and any special pricing, discounts, or rewards available to participants. By clearly establishing the rules and benefits of the sales program, this clause ensures both parties understand their rights and obligations, thereby reducing misunderstandings and promoting smooth execution of the promotional activities.
Sales Program a. Seller hereby appoints ▇▇▇▇▇▇▇▇▇▇▇ as Seller’s agent for purposes of implementing this Plan. Subject to the terms and conditions set forth herein, ▇▇▇▇▇▇▇▇▇▇▇ accepts such appointment. ▇▇▇▇▇▇▇▇▇▇▇, acting as an agent, agrees to use commercially reasonable efforts to effect sales of the Shares for the account of Seller in accordance with the specific instructions set forth in Exhibit A and the other provisions of this Plan as set forth below.
b. Seller’s order to sell the Shares under this Plan will be handled on a “not held” basis. A “not held” order permits ▇▇▇▇▇▇▇▇▇▇▇ to use reasonable brokerage judgment, exercising price and time discretion, as to when to execute the order. However, ▇▇▇▇▇▇▇▇▇▇▇ will not sell any Shares subject to this Plan at a price less than any applicable limit price.
▇. ▇▇▇▇▇▇▇▇▇▇▇ may sell the Shares subject to this Plan on a national securities exchange, in the over-the-counter market, on an automated trading system or otherwise. Seller agrees that if ▇▇▇▇▇▇▇▇▇▇▇ is a market maker or dealer in the Shares at the time that any sale is to be made under this Plan, ▇▇▇▇▇▇▇▇▇▇▇ or its affiliates may, at its sole discretion, purchase such Shares from Seller in its capacity as a market maker or dealer. Nothing herein will preclude the sale by ▇▇▇▇▇▇▇▇▇▇▇ of the Shares for its own account, or the solicitation or execution of purchase or sale orders of the Shares for the account of ▇▇▇▇▇▇▇▇▇▇▇’▇ clients.
▇. ▇▇▇▇▇▇▇▇▇▇▇ may aggregate orders for Seller with orders for other sellers of shares of Issuer common stock that may or may not have been accepted pursuant to a Rule 10b5-1 sales plan, execute them in a block or in multiple smaller transactions, and allocate an average price to each seller on a pro rata basis based on the ratio of (i) the number of shares of Issuer common stock to be sold by a seller to (ii) the total number of shares of Issuer common stock sold on behalf of all sellers.
e. Seller understands that ▇▇▇▇▇▇▇▇▇▇▇ may elect not to execute sales under this Plan when ▇▇▇▇▇▇▇▇▇▇▇, in its sole discretion, has determined it is appropriate to refrain from such sales due to any market disruption or any legal, regulatory or contractual restriction (including any restriction pursuant to a contract or internal policy, or otherwise applicable to ▇▇▇▇▇▇▇▇▇▇▇).
f. Seller agrees to deposit the Shares subject to this Plan prior to the commencement of any sales of the Shares under this Plan (excluding, if applicable, the Shares that will b...
Sales Program. Revenue Streams - the sale of real estate is only one of many sources of revenue for Nouveau Kiskeya as further identified in the following tables in addition to Section 8 of this document. Those revenue generating opportunities at Nouveau Kiskeya consist of the following: o Resort / Club Operations o Utilities (water, sewer, electric, phone, cable, etc…) o Lifestyle Amenities • Golf • Tennis • Water sports • Ecotourism
Sales Program. Developer will market and sell the Project House to qualified and eligible DHHL beneficiaries (“Beneficiaries”) in accordance with the prices and procedures set forth on Exhibit D attached hereto (“Sales Program”), which Sales Program has been reviewed and approved by DHHL. Samples of letters and forms in furtherance of the Sales Program which are intended to be sent to any Beneficiary shall first be approved by DHHL. Any meeting agendas and schedules shall first be approved by DHHL. The Sales Program may be amended by Developer, subject to DHHL approval. Any and all net sales proceeds from the purchase of any Project Houses by a Beneficiary shall be due and payable solely to Developer:
A. Each applicant will complete, sign, and deliver to DHHL an “Application for Homestead Lease”.
B. Each Beneficiary must be “native Hawaiian” as that term is defined under HHCA Section 201(a)(5), and be otherwise eligible to receive a Homestead lease pursuant to the HHCA and DHHL’s Administrative Rules;
C. The selection of Beneficiaries and the specific lot/house which each Beneficiary may purchase will be accomplished through DHHL’s Homestead award program procedures and will be administered solely by DHHL in accordance with this Agreement.
D. Beneficiaries will be required to attend and successfully complete a homeownership counseling course if and to the extent that such a program is required by any lender lending monies to the applicable Beneficiary for the applicable house purchase.
E. Beneficiaries must use their houses as their principal dwelling and must sign a certificate of owner-occupancy.
F. The Project Houses will be sold by Developer subject to the relevant provisions of the HHCA, DHHL’s Administrative Rules, and this Agreement.
Sales Program. In strict compliance with the provisions of the Acts and any other applicable ordinances, statutes, regulations, or requirements of regulatory authorities having jurisdiction the Borrower will undertake and diligently pursue a program for the sale of the
Sales Program. 1. Direct reach Marketing via Call Center staff
2. Direct mail literature
3. Revised TV ▇▇ ▇▇▇▇▇▇▇▇▇
4. Education and retention $40,000 MR CP
Sales Program. Developer will market and sell the Project House to native Hawaiian beneficiaries awarded Undivided Interest leases in La‘i ‘Ōpua Hema and eligible DHHL beneficiaries on the waitlist (“Beneficiaries”) in accordance with the prices and procedures set forth on Exhibit D attached hereto (“Sales Program”), which Sales Program has been reviewed and approved by DHHL. Samples of letters and forms in furtherance of the Sales Program which are intended to be sent to any Beneficiary shall first be approved by DHHL. Any meeting agendas and schedules shall first be approved by DHHL. The Sales Program may be amended by Developer, subject to DHHL approval. Any and all net sales proceeds from the purchase of any Project Houses by a Beneficiary shall be due and payable solely to Developer:
A. Each applicant will complete, sign, and deliver to DHHL an “Application for Homestead Lease”.
B. Each Beneficiary must be “native Hawaiian” as that term is defined under HHCA Section 201(a)(5), and be otherwise eligible to receive a Homestead lease pursuant to the HHCA and DHHL’s Administrative Rules;
C. The selection of Beneficiaries and the specific lot/house which each Beneficiary may purchase will be accomplished through DHHL’s Homestead award program procedures and will be administered solely by DHHL in accordance with this Agreement.
D. Priority will be given to Beneficiaries awarded Undivided Interest leases in La‘i ‘Ōpua Hema.
E. Beneficiaries will be required to attend and successfully complete a homeownership counseling course if and to the extent that such a program is required by any lender lending monies to the applicable Beneficiary for the applicable house purchase.
▇. ▇▇▇▇▇▇▇▇▇▇▇▇▇ must use their houses as their principal dwelling and must sign a certificate of owner-occupancy.
G. The Project Houses will be sold by Developer subject to the relevant provisions of the HHCA, DHHL’s Administrative Rules, and this Agreement.