Common use of Minimum Net Sales Target Clause in Contracts

Minimum Net Sales Target. The Minimum Net Sales Targets for Agent shall be as follows: Year of Initial Period Annual Minimum Net Sales Targets for ABC First Year $43,000 Second Year $1,000,000 Third Year $1,250,000 Thereafter TBD And for each subsequent Contract Period such amount as is specified by Principal to Agent in writing not less than one (1) month before the start of the relevant Contract Period or as otherwise agreed in writing between the parties, and if none is so specified or agreed in respect of a Contract Period, the sum shall be the same as applied for the Contract Period last preceding such Contract Period.

Appears in 4 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

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