Sales Level definition
Sales Level shall equal the total net amount billed to NETRIX for Product over the previous twelve-month period and shall be determined at the beginning of each quarter after the initial twelve-month period. Sales Level <$6M >$6M-$10M>$10M-$20M >$20M-$30M >$30M Material Uplift Rate 13.0% 10.0% 8.0% 8.0% 8.0% Pre-Tax Profit Rate 10.0% 9.0% 8.0% 7.5% 7.0%
Examples of Sales Level in a sentence
For the Contract Year of 1999, the Base Sales ------------------ Level for all Products shall be *** ($***), of which the detail for each Product(NDC) is set forth in Exhibit 7.2 (a) hereto.