Common use of Discount Tier Clause in Contracts

Discount Tier. Each Discount Tier determines the discount rates applied by Wazuh to the list price of Wazuh Oerings and Partnership Renewal Fees when providing Partner with quotations. All Partners start at Tier 1 and can qualify for a higher Discount Tier by reaching the specified customer threshold for each Tier, taking into account Subscription Customers only. Once Partner achieves the customer threshold for a particular Tier, the corresponding discount rate becomes eective for all Sales Orders prepared by Xxxxx in relation to the Oerings or the renewal of a Partnership Term. The qualification criteria for each Discount Tier is the following: ● Tier 1: All Partners qualify for Discount Tier 1. Gold Partners are granted with an applicable discount of 10% on Wazuh Oerings, while Platinum Partners get a greater discount rate of 18%. ● Tier 2: Partner qualifies for this Tier upon having three (3) or more Subscription Customers. Gold Partners receive a 14% discount on Wazuh Oerings, while Platinum Partners receive a 22% discount. Additionally, all Partners receive a 40% discount on Partnership Renewal Fees. ● Tier 3: Partner qualifies for this Tier upon having five (5) or more Subscription Customers. Gold Partners receive a 18% discount on Wazuh Oerings, while Platinum Partners receive a 26% discount. Additionally, all Partners receive a 60% discount on Partnership Renewal Fees. ● Tier 4: Partner qualifies for this Tier upon having ten (10) or more Subscription Customers. Gold Partners receive a 22% discount on Wazuh Oerings, while Platinum Partners receive a 30% discount. Additionally, all Partners receive a 90% discount on Partnership Renewal Fees. In light of the abovementioned, Xxxxx will assess the number of Subscription Customers to determine the corresponding Discount Tier when preparing a Sales Order for Partner. For instance, if Partner has three (3) Subscription Customers, Wazuh will apply the Tier 2 discount to all forthcoming quotations provided to Partner. This discount will remain in eect until the next Tier is unlocked, which in this case, occurs when Partner has a minimum of five (5) Subscription Customers. Partner's assignment of the 50 GB Cloud Subscription to a Customer does not contribute towards fulfilling the conditions for the Discount tier, unless the assigned Customer purchases additional storage as a service expansion for the abovementioned subscription. In such cases, the assigned Customer will be considered a Subscription Customer.

Appears in 5 contracts

Samples: Program Terms, wazuh.com, wazuh.com

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Discount Tier. Each Discount Tier determines the discount rates applied by Wazuh to the list price of Wazuh Oerings and Partnership Renewal Fees when providing Partner with quotations. All Partners start at Tier 1 and can qualify for a higher Discount Tier by reaching the specified customer threshold for each Tier, taking into account Subscription Customers only. Once Partner achieves the customer threshold for a particular Tier, the corresponding discount rate becomes eective for all Sales Orders prepared by Xxxxx in relation to the Oerings or the renewal of a Partnership Term. The qualification criteria for each Discount Tier is the following: ● Tier 1: All Partners qualify for Discount Tier 1. Gold Partners are granted with an applicable discount of 10% on Wazuh Oerings, while Platinum Partners get a greater discount rate of 18%. ● Tier 2: Partner qualifies for this Tier upon having three (3) or more Subscription Customers. Gold Partners receive a 14% discount on Wazuh Oerings, while Platinum Partners receive a 22% discount. Additionally, all Partners receive a 40% discount on Partnership Renewal Fees. ● Tier 3: Partner qualifies for this Tier upon having five (5) or more Subscription Customers. Gold Partners receive a 18% discount on Wazuh Oerings, while Platinum Partners receive a 26% discount. Additionally, all Partners receive a 60% discount on Partnership Renewal Fees. ● Tier 4: Partner qualifies for this Tier upon having ten (10) or more Subscription Customers. Gold Partners receive a 22% discount on Wazuh Oerings, while Platinum Partners receive a 30% discount. Additionally, all Partners receive a 90% discount on Partnership Renewal Fees. In light of the abovementioned, Xxxxx will assess the number of Subscription Customers to determine the corresponding Discount Tier when preparing a Sales Order for Partner. For instance, if Partner has three (3) Subscription Customers, Wazuh will apply the Tier 2 discount to all forthcoming quotations provided to Partner. This discount will remain in eect until the next Tier is unlocked, which in this case, occurs when Partner has a minimum of five (5) Subscription Customers. Partner's assignment of the 50 GB ‘Small’ Wazuh Cloud Standard Subscription to a Customer does not contribute towards fulfilling the conditions for the Discount tier, unless the assigned Customer purchases additional storage as a service expansion for the abovementioned subscription. In such cases, the assigned Customer will be considered a Subscription Customer.

Appears in 2 contracts

Samples: wazuh.com, wazuh.com

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