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.