Discount in Lieu of Commission Sample Clauses

Discount in Lieu of Commission. At the request of a Referral Partner, Rackspace may agree to give your referred New Customer a Discount instead of paying you a Commission, provided that the New Contract is for Dedicated Hosting Services and has an initial term of at least twelve (12) months. You must make this election prior to the time that the New Contract is executed, and the election cannot be revoked as to that New Customer. The Discount offered to your referred New Customer will be the same percentage you would have received as a Commission at the time of registration of the New Contract. The Discount will be valid only for the initial term of the New Contract, up to a maximum of twenty-four (24) months. The Discount will be granted only for the Dedicated Hosting Services included in the initial New Contract, and not any upgrades after the New Contract is signed.
Sample 1
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Related to Discount in Lieu of Commission

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