Common use of Participation by Supplier Clause in Contracts

Participation by Supplier. For Products selling One Thousand (1000) units and for each increment of One Thousand units sold thereafter, Supplier authorizes Distributor to hold from its share of royalties and to place in a separate Advertising Escrow Account, an amount equal to Fifty ($0.50) cents per unit sold. Said escrowed amounts to be used for the purpose of advertising and promoting the Product.

Appears in 2 contracts

Samples: Distribution Agreement, Exclusive Distribution Agreement (Open Door Online Inc)

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Participation by Supplier. For Products selling One Thousand thousand (10001,000) units and for each increment of One Thousand units sold thereafter, Supplier authorizes Distributor to hold from its share of royalties and to place in a separate separate, interest bearing, Advertising Escrow Account, an amount equal to Fifty ($0.50) cents per unit sold. Said escrowed amounts to be used for the purpose of advertising and promoting the Product.

Appears in 1 contract

Samples: Bowvau Distribution Agreement (Open Door Online Inc)

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Participation by Supplier. For Products selling One Thousand (10001,000) units and for each increment of One Thousand units sold thereafter, Supplier authorizes Distributor to hold from its share of royalties and to place in a separate Advertising Escrow Account, Account an amount equal to Fifty ($0.50) cents per unit sold. Said escrowed amounts to be used for the purpose of advertising and promoting the Product.

Appears in 1 contract

Samples: Exclusive Distribution Agreement (Open Door Online Inc)

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