ITS Commission Payment to Subscriber Clause Samples

ITS Commission Payment to Subscriber. Provider will forward a monthly payment to Subscriber on or about the 30th day starting after the initial traffic month to allow for a billing cycle to complete. Such payment shall be equal to 80% of gross call revenue to Provider originating from the Facility, net of federal, state, and local taxes, pre-paid account fees, billing statement fees, approved free calls and any other cost recovery mechanism(s). The details regarding payments and revenue-share are provided within Attachment A – Rates, Fees and Commissions of this Agreement. Provider and Subscriber agree that in the event that rates and fees are decreased as mandated by any local, state, or federal agency that adversely affects Provider’s profitability under this Agreement, Provider, upon written notice, shall have the right to decrease ITS commission payments to Subscriber in such a manner as it sees fit in order for the Agreement to be profitable for Provider. Monthly revenue statements will be provided to Subscriber for commission payments based on gross revenue upon request. If subscriber does not agree to the changes then they may cancel the contract with a 30-day written notice.