PSS Order definition
Examples of PSS Order in a sentence
If a PSS/Athena Customer's Athenahealth Services Agreement is terminated prior to the applicable "Go-Live Date", then Athena will credit the amount of any Initial Commission Payment made to PSS with respect to such PSS/Athena Customer against the next payable commissions accrued hereunder, until the amount of the initial commission for such PSS Order payment is offset in full.
The subsequent annual commission payments, which shall be equal to *% in the aggregate based on the actual Revenue with respect to a PSS Order as of the date 15 months after the PSS Order's "Go-Live Date," will accrue in 12 monthly installments beginning on the PSS Order's "Go-Live Date" as such term is defined in the applicable Athenahealth Services Agreement.
Initial Commission Payment: - *% of Athena's projected Year 1 Revenue for the PSS Order as calculated in the applicable Athenahealth Services Agreement will accrue with respect to *% of the Estimated Contract Value of a PSS Order on the date on which Athena countersigns a PSS Order for provision of Services to a PSS Lead.
Thereafter, annual commissions due to PSS with respect to a PSS Order shall accrue in 12 monthly installments beginning on each anniversary of the PSS Order's Go-Live Date.
Such amount shall be paid on the Go Live Date of such PSS Order, and shall be adjusted 15 months after the Go Live Date to reflect actual revenue received by Athena during the first year of the contract with such PSS/Athena Customer.
Notwithstanding anything to the contrary in this Agreement, if Athena contracts for the provision of any Services (other than Services sold to PSS/Athena Customers after the Initial Sale, which shall be commissionable in accordance with the terms set forth in Section 5 of Exhibit A) to a PSS Lead during the periods specified above in this Section 7.3, such contract shall be deemed an Initial Sale under a PSS Order for purposes of this Agreement.
The amount of each Subsequent Commission Payment will be [***]% of the actual monthly Revenue attributable to such PSS Order received by Athena.
Such amount shall be paid in the month following the Go-Live Date of such PSS Order.
If a PSS/Athena Customer’s Athenahealth Services Agreement is terminated prior to the applicable “Go-Live Date”, then Athena will credit the amount of any Initial Commission Payment made to PSS with respect to such PSS/Athena Customer against the next payable commissions payable to PSS under the Agreement, until the amount of the Initial Commission Payment for such terminated PSS Order is offset in full.
Subsequent commission payments (each, a “Subsequent Commission Payment”) with respect to a PSS Order shall be paid monthly for a total of four (4) years, commencing on the PSS Order’s Go-Live Date.