PURCHASE INCENTIVE definition

PURCHASE INCENTIVE. PROGRAM: CyberGold will provide the mechanism for an EarthLink mall-wide and site-wide purchase incentive program. The program will reward EarthLink users for any purchase performed with an EarthLink Partner Merchant through the EarthLink site. The rewards will take the form of rebates paid by EarthLink to consumers in CyberGold currency, with the rewards deposited into users' online CyberGold accounts. EarthLink will determine the percentage of the rebates, which may change over time, and EarthLink will pay to CyberGold the rebate amounts, which CyberGold will in turn credit to the users' CyberGold accounts. In addition to paying the rebate sums, EarthLink will pay CyberGold a transaction-processing fee of $[***]* for each incentive rebate transaction processed through this program. Further, EarthLink will pay CyberGold a one-time non-recurring engineering and setup fee of $[***]* upon executing this agreement. All other billing associated with this program will be done monthly, with net 30 payment terms.
View Source

Related to PURCHASE INCENTIVE

  • Grant Amount has the meaning set forth in Article 3(A) of this Agreement. “Performance Period” has the meaning set forth in Article 5(B) of this Agreement. “Project” has the meaning set forth in Article 3(A) of this Agreement.

  • Average Incentive Compensation means the average of the annual incentive compensation under Subparagraph 3(a) received by Executive for the three (3) immediately preceding fiscal years or such fewer number of complete fiscal years as Executive may have been employed by the Company. In no event shall “Average Incentive Compensation” include any sign-on bonus, retention bonus or any other special bonus. Notwithstanding the foregoing, if the Executive breaches any of the provisions contained in Paragraphs 4 and 5 of this Agreement, all payments of the Severance Amount shall immediately cease. Notwithstanding the foregoing, in the event Executive terminates his employment for Good Reason as provided in Subparagraph 6(e), he shall be entitled to the Severance Amount only if he provides the Notice of Termination provided for in Subparagraph 6(f) within thirty (30) days after the occurrence of the event or events which constitute such Good Reason as specified in clauses (A), (B), (C), (D), (E) and (F) of Subparagraph 6(e);

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • Annual Incentive Award means an Award made subject to attainment of performance goals (as described in Section 14) over a performance period of up to one year (the Company’s fiscal year, unless otherwise specified by the Committee).

  • Annual Incentive Plan means the Cinergy Corp. Annual Incentive Plan or any similar plan or successor to the Annual Incentive Plan.