Midas Sample Clauses

Midas. Effective January 1, 1998, or, if later, the date a Participant becomes a Midas Participant, the assets and liabilities for each Midas Participant shall be transferred to the Midas Plan based upon the Unit Value thereof as of the close of the last Business Day in 1997, or, if later, the Business Day immediately preceding the date a Participant becomes a Midas Participant.
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Midas. In consideration of the agreements of Midas contained herein, for the period commencing on the date hereof and ending on termination or expiration of this Agreement, AutoZone shall pay to MIC, on a monthly basis, an allowance on all purchases of Stocking Products, Non-Stocking Products and Stocking Exhaust Products (calculated net of returns, rebates, and allowances, and excluding purchases of oil, antifreeze, Freon, tools, equipment and Procured Parts) made by Midas Shops (including company-owned Midas Shops), whether under the Stocking Program, the Hot Shot Program, or the Exhaust Program during the month in question (the “Monthly Allowance”). During the period commencing on the date of this Agreement and ending on April 30, 2005, the Monthly Allowance percentage shall be [CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION]. During the period commencing on May 1, 2005, and ending on April 30, 2006, the Monthly Allowance percentage shall be [CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION]. During the period commencing on May 1, 2006, and ending on the date of termination or expiration of this Agreement, the Monthly Allowance percentage shall be [CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION]. Each Monthly Allowance shall be due and payable within thirty (30) calendar days after the end of the month to which such payment relates.
Sample 1
Midas. In consideration of the agreements of Midas contained herein, for the period commencing on the date hereof and ending on termination or expiration of this Agreement, AutoZone shall pay to MIC, on a monthly basis, [CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE COMMISSION] allowance on all purchases (calculated net of returns, allowances, penalties and rebates) of Stocking Products and Non-Stocking Products made by Midas Shops (including company-owned Midas Shops), whether under the Stocking Program or the Hot Shot Program, during the month in question (the "Monthly Allowance"). Each Monthly Allowance shall be due and payable within thirty (30) calendar days after the end of the month to which such payment relates. The Monthly Allowance shall be reviewed by the parties at least semi-annually and may be adjusted by mutual agreement of the parties.
Sample 1

Related to Midas

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