Performance Revenue Sample Clauses

Performance Revenue. Attached as Schedule 3.4 is a list of aspirational quarterly targets ("New Customer Targets") of users transacting for products or services (including registering for RFQ Services or RFI Services, entering into transactions in the Co- Branded Site Buying Directory, or registering for paid enhanced content or services) via the Co-Branded Site or otherwise directly via any Promotion hereunder ("New Customers"). For each quarter during the Term, if the number of New Customers meets or exceeds such quarter's applicable New Customer Target as so listed on Schedule 3.4, then for each New Customer beyond such New Customer Target (up to an aggregate maximum of [* * *] New Customers above such targets during the Term), Onvia shall pay to AOL an amount equal to [* * *] of the average cost to Onvia per New Customer, as calculated by dividing [* * *] [* * *] of the Fixed Payment Amount) by the total number of New Customers for such quarter (the "Performance Revenue"). The Performance Revenue attributable to a particular quarter shall be paid to AOL within thirty (30) days following the close of that quarter. In addition, if at the time which is eighteen (18) months from and after the Effective Date, AOL achieves the aggregate New Customer Target amount of New Customers for such 18 month period, then AOL shall have no more Impressions or other promotional obligations or commitments with respect to the AOL Buying Directory and the AOL Aggregated RFQ Area thereafter. If any New Customer Target is not achieved in any quarter, such event shall not constitute a breach hereof.
Sample 1
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Performance Revenue. At any point during the Term, when the cumulative Net Revenue recognized by AOL for an individual Tl Site during the Term exceeds the Revenue Threshold, AOL’s next monthly payment to Tl for the applicable TI Site will include all remaining monthly Minimum Revenue Guarantee
Sample 1
Performance Revenue. At any point during the Term, when the cumulative Net Revenue recognized by AOL during the Term exceeds the Revenue Threshold, AOL’s next monthly payment to CNN will include all remaining monthly Minimum Revenue Guarantee payments plus eighty-five percent (85%) of the Net Revenue recognized in excess of the Revenue Threshold. During the remaining months of the Term, AOL will pay CNN eighty-five percent (85%) of the Net Revenue recognized by AOL (the “Threshold Revenue Share”). As used herein, “Revenue Threshold” shall mean the total Minimum Revenue Guarantee payments to CNN divided by the Threshold Revenue Share (i.e., $7,372,548 ($6,266,666 / 0.85)). As used herein, “Net Revenue” shall equal revenue recognized by AOL from the Third Party Provider or Advertisers, as applicable, for the Advertising Results delivered to CNN during the Term. AOL shall pay CNN the Threshold Revenue Share, as described in this Section 5.2, on a monthly basis within thirty (30) days following the end of each applicable calendar month in which such amounts were recognized.
Sample 1
Performance Revenue. Subject to the Cost Calculation Adjustment Trigger as defined in Section 5.2.2 below, from April 16, 2009 through the end of the Term AOL shall pay TI ninety-five percent (95%) of the Net Revenue (the “TI Revenue Share”). As used herein, “Net Revenue” shall equal both (i) the revenue recognized by AOL that is paid by the Third Party Provider (i.e., currently Google), and (ii) the revenue paid to AOL by Advertisers utilizing the AOL Search Marketplace (i.e., the white-label platform that enables search advertising campaigns to run on the AOL Network, including the TI Sites, created and run by Google on behalf of AOL), or via any other means through which AOL sells paid search ads to Advertisers, if any, less the revenue share payment AOL pays to the Third Party Provider, that is generated from the Advertising Results delivered to TI during the Term. The balance of the Net Revenue (i.e., 5%) shall be retained by AOL to cover its operating costs and expenses under this Agreement. AOL shall pay the TI Revenue Share, as described in this Section 5.2, on a monthly basis within thirty (30) days following the end of each applicable calendar month in which such amounts were recognized.
Sample 1

Related to Performance Revenue

  • Annual Performance Bonus In the discretion of the Company's Compensation Committee, the Executive shall be eligible to receive an annual performance bonus payable in cash for each full or partial fiscal year of the Company during the Employment Period in accordance with the Company's performance-based bonus program for Executive Officers.

  • Performance Review Where a performance review of an employee’s performance is carried out, the employee shall be given sufficient opportunity after the interview to read and review the performance review. Provision shall be made on the performance review form for an employee to sign it. The form shall provide for the employee’s signature in two (2) places, one (1) indicating that the employee has read and accepts the performance review, and the other indicating that the employee disagrees with the performance review. The employee shall sign in only one (1) of the places provided. No employee may initiate a grievance regarding the contents of a performance review unless the signature indicates disagreement. An employee shall, upon request, receive a copy of this performance review at the time of signing. An employee’s performance review shall not be changed after an employee has signed it, without the knowledge of the employee, and any such changes shall be subject to the grievance procedure of this Agreement. The employee may respond, in writing, to the performance review. Such response will be attached to the performance review.

  • Performance Excused The Affected Party, to the extent rendered unable to perform its obligations or part thereof under this Agreement as a consequence of the Force Majeure Event shall be excused from performance of the obligations. Provided that, the excuse from performance shall be of no greater scope and of no longer duration than is reasonably warranted by the Force Majeure Event. Provided further, nothing contained herein shall absolve the Affected Party from any payment obligations accrued prior to the occurrence of the underlying Force Majeure Event.

  • Performance Measure The specific representation of a process or outcome that is relevant to the assessment of performance; it is quantifiable and can be documented

  • Performance Bonuses The Executive will be eligible to receive an annual cash bonus at an annualized rate of up to 40% of his base salary, based on the achievement of reasonable individual and Company performance targets to be established by the Company and Parent.

  • Performance Metrics In the event Grantee fails to timely achieve the following performance metrics (the “Performance Metrics”), then in accordance with Section 8.4 below Grantee shall upon written demand by Triumph repay to Triumph all portions of Grant theretofore funded to and received by Grantee:

  • Performance Bonus If Employee's employment is terminated by Employee with cause, or by Bank without cause, Employee shall be paid, in addition to the amounts payable under Sections 3.5 and 3.6 of the Agreement: (i) all non-forfeitable deferred compensation, if any; and (ii) unpaid performance bonus payments, if any, payable under Section 4.2 of the Agreement, which shall be declared earned and payable based upon performance up to, and shall be pro-rated as of, the date of termination. Employee shall not be entitled to such unpaid performance bonus payments if Employee's employment is terminated by Bank with cause, or by Employee without cause.

  • Performance Reporting The State of California is required to submit the following financial reports to FEMA:

  • Performance Reviews The Employee will be provided with a written performance appraisal at least once per year and said appraisal will be reviewed at which time all aspects of the assessment can be fully discussed.

  • Performance Period This Agreement shall be performed during the period which begins Oct 01 2020 and ends Sep 30 2022. All services under this Agreement must be rendered within this performance period, unless directly specified under a written change or extension provisioned under Article 14, which shall be fully executed by both parties to this Agreement.

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