Sales Targets. 9.1. For each Business Plan executed by Channel Partner and RITTAL, the Parties shall negotiate in good faith and use their best efforts to mutually agree on a sales target for Channel Partner to achieve in the calendar year to which the Business Plan relates (the “Sales Target”). For the initial Business Plan between Channel Partner and RITTAL, the Parties shall negotiate a prorated Sales Target, which shall take into account the duration of the remaining calendar year. The Sales Target shall be stated as a dollar amount and be used by the Parties to determine whether Channel Partner is entitled to an Annual Rebate in accordance with Section 5.6. In determining whether Channel Partner has met its Sales Target for a given calendar year, RITTAL shall calculate the total purchase price of all Applicable Purchases (as defined in Section 5.6.) invoiced by RITTAL and shipped in the given year, and then compare such number to the applicable Sales Target.
Sales Targets. The Agent shall meet the sales targets agreed from time to time with Peak. For the avoidance of doubt the targets agreed shall be for net royalties being gross royalties after deduction of commission and distribution expenses only.
Sales Targets. The Parties acknowledge that this Agreement is based on, among other things, the business plan as to the sales expectations set forth in Exhibit D attached hereto.
Sales Targets. The Distributor will meet the following minimum sales targets for the territory, averaging sales of [Insert either number of units or total value of sales during stated period] per month. Schedule 4 Trade Marks Product trade marks licensed to the Distributor by the Principal: [Provide a full list of trademarks] Schedule 5 Buy-Back of Products on Termination The Principal will buy-back the following product(s) from the Distributor on the termination of this agreement: [Provide a full list of products that the principal will buy back from the distributor on termination of the agreement]
Sales Targets. 4.1 Distributor shall either (a) purchase a minimum total volume of Products per calendar year during the duration of this agreement equal to the Sales Targets each calendar year provided in Exhibit B, or (b) pay HealtheTech the amounts equivalent to the calendar year Sales Targets as set forth in the Sales Targets definitions of Exhibit B. Sales Targets for years beyond 2002 and 2003 will be mutually agreed upon by the parties in writing in accordance with Exhibit B.
Sales Targets. In accordance with the Sales Plan, the parties agree to establish joint sales volume targets, the channel sales model, and rules of engagement as mutually agreed upon in writing. The parties agree to assign professional staff (such as sales representatives, sales support representatives, or pre-sales technical representatives) who
Sales Targets. Each year, HEC, after consulting with the Distributor, will set sales targets for the Distributor and the Distributor will develop and present marketing strategies and sales plans to achieve the sales targets. The Distributor will comply with HEC’s policies concerning sales and service policies, procedures and systems, marketing programs, advertising and sales promotion, and such other requirements as HEC may, from time to time, establish. HEC shall provide reasonable notice to the Distributor of such policies and any changes to such policies.
Sales Targets. 1. For each Business Plan executed by Channel Partner and XXXXXX-XXXXXX.XXX, the Parties shall negotiate in good faith and use their best efforts to mutually agree on a sales target for Channel Partner to achieve in the calendar year to which the Business Plan relates (the “Sales Target”). For the initial Business Plan between Channel Partner and XXXXXX-XXXXXX.XXX, the Parties shall negotiate a prorated Sales Target, which shall take into account the duration of the remaining calendar year. The Sales Target shall be stated as a dollar amount and be used by the Parties to determine whether Channel Partner is entitled to an Annual Rebate in accordance with Section 5.6. In determining whether Channel Partner has met its Sales Target for a given calendar year, XXXXXX-XXXXXX.XXX shall calculate the total purchase price of all Applicable Purchases (as defined in Section 5.6.) invoiced by XXXXXX-XXXXXX.XXX and shipped in the given year, and then compare such number to the applicable Sales Target.
Sales Targets. The rights granted to Reseller by this Agreement are contingent on Reseller achieving the Sales Targets in Exhibit A. Should Reseller not achieve those Sales Targets, Paragon may terminate this Agreement on thirty (30) days notice and Section 12.5 shall apply.
Sales Targets. Sales Targets shown in Table 1 are for all up-sells, support sales, new business sales, net renewals, business lead sales, & potential bad debit handling. Occasionally a separate project may be paid with a separate compensation plan Annual Quarterly Sales Target $300,000 $75,000 Actual Sales Annual Qtr. Period Commissions Earned Rate 82 Up to 50% of Target $150,000 $37,500 9.5% $14,250 $3,563 Next 25% of Target $75,000 $18,750 13.0% $9,750 $2,438 Next 25% of Target $75,000 $18,750 15.0% $11,250 $2,813 Above 100% of Target $300,000 $75,000 18.0% Total Payout $35,250 $8,813 An annual review may be conducted to adjust future sales targets. Those adjusted targets will be no higher than those reflected in the above Table 1. The Company’s decision and implementation of any such revisions to the commission plan shall not be subject to Union approval or arbitration. COMMISSION PAYOUT DETAILS Commission payments will be paid each pay period. Commission payments will be made on an “as sold” basis. Sold products must be fulfilled or published to retain commission payment. Claims charged to CSS’s will result in a chargeback of previously paid commissions. If a pending contract is reworked with different products, only net increase in the customer contract value will count as support type sales activity. The Company may “advance pay” commissions in process for the next pay period for specific business reasons and will always require true up net payments to actual earned commissions.
