Bounty for Installations Clause Samples

Bounty for Installations. After the first [__________] ([______]) of the sum of Installed Customers and Online Customers, for which Circuit City will receive the guaranteed Bounty amount set forth in Section 3.1.1, Circuit City will receive a Bounty (as calculated below) for every Installed Customer or Online Customer. Based on the results of the first [__________] ([______]) Circuit City Customers, Provider will calculate a conversion rate by dividing the number of Activated Customers (the numerator) by the number of the sum of Installed Customers and Online Customers (the denominator) (the “Conversion Rate”). The Conversion Rate will then be multiplied by [______] Dollars ($[____]) to establish the amount of the Bounty per Installed Customer or Online Customer. The Bounty amount will be recalculated every six months using the same formula above (always using $[____] as the base line Bounty). By way of example only, if the Conversion Rate is 70%, the Bounty for the next six months would be $[_____] ($[_____] x 70% = $[_____]). Notwithstanding anything to the contrary above, at no time will the Bounty exceed Portions of this Exhibit 10.13 marked by a [__] have been omitted pursuant to a request for confidential treatment filed separately with the Commission. [_____] dollars ($[_____]) or drop below [______] dollars ($[_____]) per Installed Customer or Online Customer, regardless of the Conversion Rate. All Bounties due under this Section shall be paid by Provider to Circuit City within forty-five (45) days of the end of the month in which the Circuit City Customer became an Installed Customer or Online Customer.