Bounty Fee Sample Clauses
The Bounty Fee clause defines the payment or reward given to a party upon successful completion of a specified task or achievement. Typically, this clause outlines the conditions under which the bounty is earned, such as meeting certain deliverables, deadlines, or performance standards, and details the amount and method of payment. By clearly establishing the terms for earning and receiving the bounty, this clause incentivizes performance and ensures both parties understand the expectations and compensation involved.
Bounty Fee. 2.1. During the Term, Microsoft will make reasonable efforts to deliver [*] to Company’s site (the [*]).
2.2. If Microsoft provides [*] to Company, Company will pay Microsoft [*] Microsoft in [*] (the “Bounty Fees”) allowing for [*].
2.3. Payment of Bounty Fees (if any) called for by this Section 2 will be paid on [*] basis, in arrears within [*] after the end of any [*] as to which Bounty Fees are payable. Company will remit to Microsoft the aggregate Bounty Fees due, together with a statement specifying the aggregate number of [*] in the applicable [*].
2.4. Company agrees to keep all usual and proper records and books of account and all usual and proper entries relating to Company’s obligations described in this Section 2. Microsoft shall have the right to cause, at its sole cost and expense, an audit and/or an inspection to be made of the applicable Company records in order to verify Company’s compliance with the terms of this Agreement. Any audit and/or inspection shall be conducted during regular business hours upon at least thirty (30) days prior written notice [as per Section 5B of the Agreement].
2.5. The parties will meet on a [*] basis during the Term to monitor and manage the placements. Following each such meeting, the parties may revise the placements in an effort to optimize [*] to Company’s site.
2.6. Company will be billed for Bounty Fees [*] Microsoft, however, Microsoft will not be required to refund or otherwise return to Company any portion of the Fee for [*]. Failure by Microsoft to meet [*] shall not be deemed a breach of this Agreement or entitle Company to any legal remedy. Microsoft is not obligated to deliver [*] evenly throughout the Term
Bounty Fee. In further consideration for the Service and the other ---------- obligations of the Company hereunder, for each package shipped by or through an MBE Center by a Bounty Customer who pays the shipping rates charged by such MBE Center, ("Bounty Package"), the Company shall be entitled to receive the -------------- following amounts (the "Bounty Fee") from each such MBE Center, for Bounty ---------- Packages shipped during each calendar month:
(i) in the event that less than [***]* Bounty Packages shall have --- been shipped by the MBE Centers during the twelve (12) full months prior to the shipping of such Bounty Package (or, if such information is not yet available for the month prior to the month in which such Bounty Package is shipped, the most recent twelve (12) full months for which such information is available) (the "Measurement Period"), the amount of [***]* per Bounty Package shipped via ------------------ --- air transportation and the amount of [***]* per Bounty Package shipped via --- ground transportation;
(ii) in the event that at least [***]* but less than [***]* Bounty --- --- Packages have been shipped by the MBE Centers during the Measurement Period, the amount of [***]* per Bounty Package shipped via air transportation and the --- amount of [***]* per Bounty Package shipped via ground transportation; ---
(iii) in the event that at least [***]* but less than [***]* Bounty --- --- Packages shall have been shipped by the MBE Centers during the Measurement Period, the amount of [***]* per Bounty Package shipped via air transportation --- and the amount of [***]* per Bounty Package shipped via ground transportation; --- and
(iv) in the event that at least [***]* Bounty Packages shall have been --- shipped by the MBE Centers during the Measurement Period, the amount of [***]* --- per Bounty Package shipped via air transportation and the amount of [***]* per --- Bounty Package shipped via ground transportation.