Functional Category: Blue Lynx Media, LLC Sample Clauses

Functional Category: Blue Lynx Media, LLC. Distributing’s initial Service Manager shall be [Intentionally omitted] and Publishing’s initial Service Manager shall be [Intentionally omitted]. Notwithstanding Section 3.02 of the Agreement, Distributing will reimburse Publishing for a portion of Publishing’s full time employee costs based on the percentage of such employees’ work in connection with providing the Transition Services included in this item IV of this Schedule B to Distributing. Unless otherwise agreed by the Parties, from and after the Distribution Date, Publishing shall measure and report, on a monthly basis in accordance with methods mutually agreed upon by the Parties, each of the twelve service levels as separately agreed between the Parties (collectively, the “Service Levels”) and Publishing’s actual performance of the Transition Services included in this item IV of this Schedule B, including a comparison of such actual performance to the applicable Service Level. Publishing recognizes that its failure to meet any of the Service Levels in providing the Transition Services included in this item IV of this Schedule B could have a material adverse impact on the business and operations of Distributing and that the damages resulting from Publishing’s failure to meet such Service Levels are not capable of precise determination. Accordingly, in addition to any other rights and remedies at Law or in equity available to Distributing pursuant to the Agreement (including Section 2.04 of the Agreement), if Publishing fails to meet any of the Service Levels, then Publishing shall, as compensation for Distributing’s damages and not as a penalty, provide to Distributing credits as follows: if Publishing fails to meet a Service Level for any two (2) months out of a rolling three (3) month period, a credit will be provided based on one twelfth (or 8.33%) of the then-current month’s aggregate billing amount (it being understood that (A) such any such credits shall only apply for the twelve identified Service Levels and shall be assigned an equal weighting of 8.33%, (B) if a single event directly causes the failure to achieve more than one Service Level, then only one such credit will apply and (C) for the avoidance of doubt, Publishing will not be required to provide any such credits for failing to meet Service Levels prior to the Distribution Date). In each case of a failure to satisfy a Service Level, Publishing shall conduct, within 15 days of such failure, a root cause analysis and provide to Dist...
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Related to Functional Category: Blue Lynx Media, LLC

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