PERITUS Commission Sample Clauses

PERITUS Commission. PERITUS shall earn a Commission from VIASOFT if a "PERITUS Customer" licenses a VIASOFT Product during the Term of this Agreement. A "PERITUS Customer" is defined as any Person which satisfies the following definition: a Person to whom PERITUS successfully refers one or more VIASOFT Products pursuant to a signed Account Registration Form. If PERITUS desires to refer a Person to one or more VIASOFT Products, PERITUS shall at or prior to the time of referral complete an Account Registration Form in the form attached as Exhibit B-2 and deliver a ----------- copy to VIASOFT requesting that VIASOFT execute and return, or provide a detailed objection in writing to, the Account Registration Form within seven (7) business days of receipt of notice. VIASOFT's execution of the Account Registration Form shall constitute VIASOFT's agreement to pay PERITUS a commission in the event the Person designated in the Account Registration Form ultimately executes an End User License, during the period for which the Account Registration Form is effective, with VIASOFT relating to some or all of the Products identified in the Account Registration Form. VIASOFT shall not initiate any contacts with a PERSON designated in an Account Registration Form prior to executing and returning, or objecting in writing to, the Account Registration Form. If VIASOFT shall fail to timely execute and return, or object in writing to, an Account Registration Form within the time allowed, and shall fail to cure such failure within five (5) business days of receipt of notice of failure from PERITUS, VIASOFT shall be deemed to have consented to the referral to the same extent as if VIASOFT had executed the Account Registration Form. For every End User License executed by VIASOFT and a PERITUS Customer during the Term of this Agreement, VIASOFT shall pay PERITUS a sales commission equal to ********************** of the invoiced price, ********** royalties or license fees, to the PERITUS Customer, to the extent actually paid, for the VIASOFT Products described in the End User License. VIASOFT shall not owe PERITUS a commission for any prepaid or annual maintenance payments charged to a Customer provided that such payments are properly allocated to maintenance pursuant to GAAP.
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Related to PERITUS Commission

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