Common use of Normal Incentive Clause in Contracts

Normal Incentive. PMBJK run by entrepreneurs/ Pharmacists/ Trusts/ Societies & Charitable Organizations linked with the PMBI headquarters through PoS Software will receive incentives as applicable from time to time. Currently, the incentive will be given @ 20% of monthly purchase made from PMBI, by these PMBJKs subject to ceiling of Rs. 20,000/- per month, subject to conditions of stock mandate. The monthly incentive will be disbursed on 50:50 basis. 50% of the total incentive will be disbursed based on purchase made by the Kendra in a month and remaining 50% incentive will be on the basis of stocking mandate or if the Kendra has maintained the sufficient stock of 200 medicines during the month. This incentive will be calculated as follow:

Appears in 5 contracts

Samples: Agreement Between Pharmaceuticals and Medical Devices Bureau of India (Pmbi) and Government Nominated Agencies for Operating Pradhan Mantri Bhartiya Janaushadhi Kendra, Agreement Between Pharmaceuticals and Medical Devices Bureau of India and Applicant for Opening of Pradhan Mantri Bhartiya Janaushadhi Kendra, Agreement Between Pharmaceuticals and Medical Devices Bureau of India and Applicant for Pradhan Mantri Bhartiya Janaushadhi Kendra

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Normal Incentive. PMBJK run by entrepreneurs/ Pharmacists/ Trusts/ Societies & Charitable Organizations linked with the PMBI headquarters through PoS Software will receive incentives as applicable from time to time. Currently, the incentive will be given @ 20% of monthly purchase made from PMBI, by these PMBJKs subject to ceiling of Rs. 20,000/- per month, subject to conditions of stock mandate. The monthly incentive will be disbursed on 50:50 basis. 50% of the total incentive will be disbursed based on purchase made by the Kendra in a month and remaining 50% incentive will be on the basis of stocking mandate or if the Kendra Xxxxxx has maintained the sufficient stock of 200 medicines during the month. This incentive will be calculated as follow:

Appears in 1 contract

Samples: Nominated Agency Agreement

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