Common use of Domestic and International Clause in Contracts

Domestic and International. Payments will be made in U.S. Dollars. To receive payment Company must complete the Financial Information Form at the following URL xxxx://xxx.xxxxxxxxx.xxx/files/ARFinancials.pdf and submit it to Xxxxxxxxx.Xxx. Payments to Companys located within the United States will be deposited into Company’s bank account, the details of which Company will provide to Xxxxxxxxx.Xxx. If Company’s bank account number and/or federal income tax ID number changes, Company shall promptly provide Xxxxxxxxx.Xxx with written notice of the change and the new number(s). Payments to Companys located outside of the United States will be (i) deposited into Company’s bank account, the details of which which Company will provide to Xxxxxxxxx.Xxx; or (ii) paid via check; provided, however, payments will not be made via paper check until the Commissions payable to Company exceed $100. If Company’s bank account number changes or there is a change to Company’s Form W-8BEN, Company shall promptly provide Xxxxxxxxx.Xxx with written notice of the change and the new number or information. Xxxxxxxxx.Xxx will pay Commissions to Company only if the applicable fees are collected from the Approved Merchant by the 15th day of the month in which Xxxxxxxxx.Xxx billed such Approved Merchant for such fees. Commissions generated by Approved Merchants will not be paid to Company where payments owing from such Approved Merchants are overdue and require collection efforts by Xxxxxxxxx.Xxx or in instances where the Approved Merchant engages a new merchant service provider. Xxxxxxxxx.Xxx reserves the right to terminate the accrual and payment of Commissions to Company if Company is in breach of this Agreement.