Fees Revenue Sharing. [*] Designates portions of this document that have been omitted pursuant to a request for Confidential Treatment filed separately with the Commission.
Fees Revenue Sharing. Smarxxxxxxx.xxx xxxl pay Lightspan a commission on the Net Revenue of all purchases made at the Lightspan Store during the Term (i.e. all Lightspan Store purchases, whether or not the purchaser accessed the Lightspan Store from any of the Lightspan Internet Services and including, by way of example and not by way of limitation, all purchases commenced during one session and concluded in another session). The amount of the commission shall be 11% of Net Revenue. As used herein, Net Revenue means [***] SmarterKids will also be entitled to exclude [***] from Net Revenues and to exclude [***] from Net Revenues. By way of example, a purchase of three items regularly priced at [***] each, but sold as part of a buy 2 get one free promotion would yield Net Revenue of [***]. SmarterKids agrees that the only revenues, other than standard MDF or co-op ad funds, it will accept with respect to the Lightspan Store will be revenues from customers and that it will not sell or carry advertising on the Lightspan Store or otherwise seek revenues from suppliers of products carried on the Lightspan Store.
Fees Revenue Sharing. 5.1 During the term of this Agreement, XxXxxx.xxx shall pay to Infoseek *** Net Revenues received by XxXxxx.xxx attributable to Commerce Content transactions conducted by Users (I) within GO Shop or (ii) directed to the GO Network-Wrapped Pages from GO Shop. As used herein, Net Revenues means gross revenues received by XxXxxx.xxx for such transactions reduced by (1) any amounts paid directly for the acquisition of goods or services intended for resale; (2) any amounts for refunds or other credits including amounts credited for product returns, bad debt or fraud; and (3) any applicable sales, use, value added or withholding taxes (other than income taxes) associated with such sales.
Fees Revenue Sharing
