Common use of Pricing and Payment Terms Clause in Contracts

Pricing and Payment Terms. A. All Product prices will be at the [***] as shown in LVG's online POS --- system as of the date of order, plus [***] to LVG. --- B. As LVG's [***] change, LVG's price to BuyGolf shall be adjusted to --- reflect such changes. BuyGolf shall have reasonable rights to audit LVG's books and records to verify LVG's [***], on reasonable notice, and at --- BuyGolf's sole expense. C. If any manufacturer/publisher has agreed to make available [***] to --- BuyGolf for Products sold by LVG ("[***]") and upon LVG's approval, then --- LVG shall pass through such [***] to BuyGolf via a credit memo. [***] --- --- opportunities are subject to LVG's available on-hand inventory. LVG shall employ its best efforts to calculate such [***] for sales to BuyGolf, and --- to pass through any such credits to BuyGolf within [***] days of LVG's --- receipt of any such rebate or recognition of any such discount. D. LVG will Invoice BuyGolf on the first and the sixteenth of each calendar month and all Invoices will be due and payable net [***] from the invoice --- date. E. Beginning April 1, 2000 all Product prices will be at the [***] as shown --- in LVG's on line POS system as of the date of order, plus the following percentage: ----------------------------------------------------------------------- Annual Sales Percentage ------------- ----------- ----------------------------------------------------------------------- [***] [***]% --- --- ----------------------------------------------------------------------- [***] [***]% --- --- ----------------------------------------------------------------------- [***] [***]% --- --- -----------------------------------------------------------------------

Pricing and Payment Terms. A. All Product prices will be at the [***] as shown in LVG's online POS --- system as of the date of order, plus [***] to LVG. --- B. As LVG's [***] change, LVG's price to BuyGolf shall be adjusted to --- reflect such changes. BuyGolf shall have reasonable rights to audit LVG's books and records to verify LVG's [***], on reasonable notice, --- and at --- BuyGolf's sole expense. C. If any manufacturer/publisher has agreed to make available [***] to --- BuyGolf for --- Products sold by LVG ("[***]") and upon LVG's approval, then --- LVG shall --- pass through such [***] to BuyGolf via a credit memo. [***] --- --- opportunities are subject to LVG's available on-hand inventory. LVG shall employ its best efforts to calculate such [***] for sales to --- BuyGolf, and --- to pass through any such credits to BuyGolf within [***] --- days of LVG's --- receipt of any such rebate or recognition of any such discount. D. LVG will Invoice invoice BuyGolf on the first and the sixteenth of each calendar month and all Invoices will be due and payable net [***] from the --- invoice --- date. E. Beginning April 1, 2000 all Product prices will be at the [***] as shown --- in LVG's on line POS system as of the date of order, plus the following percentage: ----------------------------------------------------------------------- Annual Sales Percentage ------------- ----------- ----------------------------------------------------------------------- [***] [***]% --- --- ----------------------------------------------------------------------- [***] [***]% --- --- ----------------------------------------------------------------------- [***] [***]% --- --- -----------------------------------------------------------------------