Promotional Funds. Annually, and in addition to the selective salary adjustment fund 40 above, the Company will provide a fund of one-half of one percent (0.5%) of the total unit 41 salaries as of Fund Computation Date specifically to be used to manage both salary growth and 42 promotions within the unit. If the bargaining unit weighted average comparatio is more than 0.97, 43 the Company will not add the additional 0.5%. If the full amount reserved for promotions and 44 out-of-sequence raises is not used, the unused portion shall be added to the following year’s Fund.
Promotional Funds. Annually, and in addition to the selective salary adjustment fund above, the 4 Company will provide a fund of one-half of one percent (0.5%) of the total unit salaries as of Fund 5 Computation Date specifically to be used to manage both salary growth and promotions within the unit.
Promotional Funds. RK agrees to develop and manage a co-op advertising fund to be designated solely for the marketing and promotion of RK Products and Services by the Distributor or its customers. RK will further provide to Distributor at its sole discretion certain marketing or advertising support group programs, including co-op advertising support, certified advertising programs in the amount of two percent (2%) volume rebates on hardware and/or national advertising support during the term of this agreement. Certified advertising programs are paid on a quarterly basis, advertising funds do not accrue past each quarterly period. All advertising funds must be claimed within 30 days from end of quarter, funds not claimed after the 30-day period are subject to cancellation.
Promotional Funds. RK, at its option, may elect to afford promotional funds to its authorized distributors, in accordance with such programs and terms as RK may establish from time to time. RK may cease offering or may modify any such programs at any time, at its sole discretion.
Promotional Funds. None of the Company, any of its Subsidiaries or the Venture is under any obligation to make contributions or otherwise provide assistance to any promotional association or promotional fund.
Promotional Funds. Bank and Company agree to establish a Promotional Fund for Card promotions and marketing activities related to the Card Plan ("Marketing Activities"). Bank shall make available $200,000 each calendar year, including the calendar year 2000, for joint Marketing Activities for so long as the projected Annual Net Card Sales of Company as projected by Bank, based upon the previous twelve (12) months Net Card Sales and projected growth, are greater than or equal to $60,000,000 but less than or equal to $67,000,000. When Company's projected Annual Net Card Sales are greater than $67,000,000 but less than or equal to $85,000,000, Bank shall calculate the contribution to the Promotional Fund as follows: multiply projected Annual Net Card Sales by .0030. If Company's projected Annual Net Card Sales exceed $67,000,000 the calculated contribution described in this paragraph will be provided to the Promotional Fund in place of, not in addition to, the $200,000. When Company's projected Annual Net Card Sales are greater than $85,000,000 but less than $150,000,000, Bank shall calculate the contribution to the Promotional Fund as follows: multiply projected Annual Net Card Sales by .0040. When Company's projected Annual Net Card Sales are greater than or equal to $150,000,000, Bank shall calculate the contribution to the Promotional Fund as follows: multiply projected Annual Net Card Sales by .0045. On a semi-annual basis, Bank shall review the actual Annual Net Card Sales of Company to determine whether any adjustments regarding Bank's contribution to the Promotional Fund are required for the remainder of the calendar year. Bank shall only contribute to the Promotional Fund, provided Company contributes the same amount during such period for such purpose. Bank and Company shall mutually agree, in writing, upon the plans and cost for Marketing Activities prior to the expenditure of amounts in the Promotional Fund. The party responsible for the agreed upon Marketing Activity shall provide the funds required for the activity and invoice the other party for the required contribution. In addition, Bank shall contribute fifty percent (50%) of all revenue earned by Bank directly from any fees or commissions paid by vendors whose products or services are sold to Cardholders using inserts with monthly billing statements, with the exception of products or services related to credit insurance. Any amounts in the Promotional Fund that are not used for Marketing Activities during any...
Promotional Funds. IPDG, at its option, may elect to afford promotional funds to its authorized distributors, in accordance with such programs and terms as IPDG may establish from time to time. IPDG may cease offering or may modify any such programs at any time, at its sole discretion.
