Earned Incentive. During the Term of the Agreement, and any extension(s) to the Term, Supplier agrees to provide Earned Incentives to UC, which will be calculated as follows. UC’s eligibility to benefit from Earned Incentives on a system‐wide and/or campus‐by‐ campus basis will be reviewed annually, prior to December 1 of each contract year and Supplier may change the basis for calculating the Earned Incentives in succeeding contract years with UC’s agreement. Earned Incentives will be provided in the form of an additional discount as follows: Volume Discounts: UC aggregate annual spend over $3M - 1% UC aggregate annual spend over $6M - 2% The proposals for each participating campus will be modified to reflect the applicable discount in the year following achievement of the Volume Discounts thresholds listed above.
Earned Incentive. During the Term of the Agreement, and any extension(s) to the Term, Supplier agrees to provide Earned Incentives to UC, which will be calculated as follows. Each Customer’s eligibility to benefit from Earned Incentives on a Customer-wide and/or Customer-by-Customer basis will be reviewed annually, prior to ______ of each contract year and Supplier may change the basis for calculating the Earned Incentives in succeeding contract years with UC’s agreement. Earned Incentives will be provided in the form of an additional discount as follows: Transaction payment via EFT/ACH - ___% Average dollar amount per line ($45 and more) - ___% On-line orders: - ___% Prompt payment discount: 20 days - ___% 15 days - ___% 10 days - ___% 5 days - ___% Volume rebate (UC aggregate annual spend over $___m) - ___% Acceptance Criteria and Testing [Buyer: Provide details of the Acceptance Criteria and testing which each Deliverable or Milestone must meet to be accepted, if specifics aren’t defined.] [Buyer: Indicate any additional financial or other considerations resulting from acceptance testing] Changes to the Services UC may desire to change the Services following execution of the Agreement. If so, UC will submit a written Amendment to Supplier describing the changes in appropriate detail. If an Amendment does not require Supplier to incur any additional material costs or expenses, then Supplier will make the modification within ten (10) business days of Supplier’s receipt of UC’s Amendment. If an Amendment does require that Supplier incur additional material costs or expenses, then Supplier in good faith will provide UC with a written, high level, non-binding assessment of the costs and expenses and the time required to perform the modifications required by the Amendment, within ten (10) business days of Supplier’s receipt of UC’s Amendment. UC will notify Supplier in writing within ten (10) business days after receipt of Supplier’s response to the Amendment as to whether UC wishes Supplier to implement the Amendment based on the response. UC will compensate Supplier for implementation of an Amendment in accordance with the terms and conditions of the relevant Amendment and Supplier’s response to the Amendment, if any. Supplier’s implementation of an Amendment will not delay the performance of Services and/or the delivery of deliverables not reasonably affected by an Amendment.
