Common use of PRICE TERMS Clause in Contracts

PRICE TERMS. A. Distributor will pay GDTI an amount for each Product ordered by Distributor and delivered by GDTI equal to GDTI's then-current applicable list price for the type of license under which such Product is licensed. The initial list prices for Products are set forth in Schedule A. In addition to the foregoing, Distributor shall pay GDTI an amount equal to twenty percent (20%) of all fees for Support Services received by Distributor in each calendar month, such payment to be made to GDTI within thirty (30) days after the end of such calendar month. B. GDTI has the right to change the applicable list price for any Product at any time provided that GDTI notifies Distributor in writing ninety (90) days prior to the effective date of such change. C. All prices are FCA GDTI shipping point (Incoterms 1990). Freight will be collect and shown separately. The price payable by Distributor shall be the price in effect as of the date of acceptance of the purchase order.

Appears in 3 contracts

Samples: Distributor Agreement (Guardian Technologies International Inc), Distributor Agreement (Guardian Technologies International Inc), Distributor Agreement (Guardian Technologies International Inc)

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