Common use of Compensation and Offsets Clause in Contracts

Compensation and Offsets. 1. As the price for Party B to provide gaming promotion activities to Party A and to agree to perform the provisions herein, Party A agrees to pay to Party B each month compensation, rewards and subsidies (if any) calculated according to the method specified in Attachment 1 hereto (“Specified Compensation”). See Attachment 1 for the details of the calculation method. Party A shall determine the detailed rooms and conditions for the use of food and room subsidies (if any) and make modifications if necessary. If Party B desires to switch to another calculation method for specified compensation Party A pays to its promoters, Party B must submit an application to Party A in advance for Party A’s approval. If Party B submits application for change to Party A in the first fifteen days of any month, such change, upon Party A’s approval, will become effective on the first day of the following month.