Prompt Payment Incentive. Each Operating Company will offer an incentive allowance based on early payment of each individual customer invoice as listed below: Invoices paid within 21 days .15% Invoices paid within 14 days .30% Invoices paid within 9 days .45% This incentive will be calculated on all items with the exception of Ecolab, Pepsi, Coca Cola products and the items that are regulated by the State Dairy Commission as listed in Schedule 2. The monthly CPAS Report and the Early Pay Incentive checks will be sent to the Red Xxxxx Corporate office for company units and to the franchise office for the franchise units.
Prompt Payment Incentive. All Amazon volume shall be multiplied by the applicable quarterly period’s average Client-held Days based upon the speed of pay set forth below for purposes of determining the Prompt Payment Incentive for such Amazon spend (which basis point figures are 19% less than the current basis point figures for all other non-Amazon sales volume). Amazon Basis Points Offered: AMENDED AND RESTATED COOPERATIVE PURCHASING MASTER AGREEMENT NO. 00719 Commercial Card Services For Use by Eligible Participating States By and Between STATE OF WASHINGTON DEPARTMENT OF ENTERPRISE SERVICES and U.S. BANK NATIONAL ASSOCIATION Dated: July 9, 2020 Amended and Restated Cooperative Purchasing Master Agreement No. 00719
