Rebate Calculation Method Sample Clauses

Rebate Calculation Method. The rebate for Internet physical cards consists of three parts: local consumption rate, market share and channel manager evaluation. The weights of local consumption rate, market share and channel manager evaluation are 60%, 20% and 20%, respectively. i. e.: Rebate = Quantity shipped for current month × (rebate percentage obtained for local consumption rate + rebate percentage obtained for market share + rebate percentage obtained for channel manager evaluation) (1) Rebate percentage calculation method for local consumption rate Local consumption rate is the quotient obtained through dividing the consumption within the local region of Mimi cards sold by an agent during a certain period of time by the consumption of Mimi cards sold by the same agent during the same period of time. 60%£ local consumption rate<85% Base rebate percentage (4%) × X × 60% 85%£ local consumption rate Base rebate percentage (4%) × 60% Note: For the local consumption rate (X× 100%) ranges 0-60%, 60%-85% and 85-100% in the rebate percentage calculation table, the boundaries are temporary and determined by Taomee Network on the basis of the market conditions. Taomee Network will adjust the local consumption rate for every agent on a monthly basis. If the local consumption rate is found to be lower than 60% for one time, Taomee Network will alert the agent of this. If the local consumption rate is found to be lower than 60% twice, Taomee Network will warn the agent. If the local consumption rate is lower than 60% for three consecutive months, this Agreement will be regarded as unilaterally terminated by the agent. (2) Rebate percentage calculation method for market share Market share is the quotient obtained through dividing the consumption within the local region of Mimi cards sold by an agent during a certain period of time by the total consumption of Mimi cards within the region of the same agent during the same period of time. When the local market share of the agent is lower than a certain percentage, we may consider degrading or replacing the agent. 60%£ market share <85% Base rebate percentage (4%) × X × 20% 85%£ market share Base rebate percentage (4%) × 20% Note: For the market share (X× 100%) ranges 0-60%, 60%-85% and 85-100% in the rebate percentage calculation table, the boundaries are temporary and determined by Taomee Network on the basis of the market conditions. (3) Rebate percentage calculation method for channel manager evaluation The full score for channel manager ev...