Common use of Revenue Maintenance Clause in Contracts

Revenue Maintenance. The Brand Manager shall be responsible for maintaining and growing the revenue base of the Brand. The Brand Manager must maintain a revenue base of at least $207,835 for the Brand during any twelve month calendar period (January 1-December 31). For purposes of this paragraph 3(a), the revenue base of the Brand from the date of the Initial Public Offering of DMS Corp.'s common stock through December 31, 1998 shall be annualized. As set forth in paragraph 6 hereinbelow, the Brand Manager's failure to maintain a minimum revenue base of $207,835 during any twelve month calendar period shall be grounds for termination of this Agreement by DMS Corp.

Appears in 1 contract

Samples: Brand Manager Agreement (Dispatch Management Services Corp)

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Revenue Maintenance. The Brand Manager shall be responsible for maintaining and growing the revenue base of the Brand. The Brand Manager must maintain a revenue base of at least $207,835 2,398,878 for the Brand during any twelve month calendar period (January 1-December 31). For purposes of this paragraph 3(a), the revenue base of the Brand from the date of the Initial Public Offering of DMS Corp.'s common stock through December 31, 1998 shall be annualized. As set forth in paragraph 6 hereinbelow, the Brand Manager's failure to maintain a minimum revenue base of $207,835 2,398,878 during any twelve month calendar period shall be grounds for termination of this Agreement by DMS Corp.

Appears in 1 contract

Samples: Brand Manager Agreement (Dispatch Management Services Corp)

Revenue Maintenance. The Brand Manager shall be responsible for maintaining and growing the revenue base of the Brand. The Brand Manager must maintain a revenue base of at least $207,835 917,076 for the Brand during any twelve month calendar period (January 1-December 31). For purposes of this paragraph 3(a), the revenue base of the Brand from the date of the Initial Public Offering execution of DMS Corp.'s common stock this Agreement through December 31, 1998 1997 shall be annualized. As set forth in paragraph 6 hereinbelow, the Brand Manager's failure to maintain a minimum revenue base of $207,835 917,076 during any twelve month calendar period shall be grounds for termination of this Agreement by DMS Corp.

Appears in 1 contract

Samples: Brand Manager Agreement (Dispatch Management Services Corp)

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Revenue Maintenance. The Brand Manager Managers shall be responsible for maintaining and growing the revenue base of the Brand. The Brand Manager Managers must maintain a revenue base of at least $207,835 1,116,032 for the Brand during any twelve month calendar period (January 1-December 31), reviewed on a quarterly basis as set forth in Exhibit 3. For purposes of this paragraph 3(a), the revenue base of the Brand from the date of the Initial Public Offering execution of DMS Corp.'s common stock this Agreement through December 31, 1998 1997 shall be annualized. As set forth in paragraph 6 hereinbelow, the Brand Manager's Managers' failure to maintain a minimum revenue base of $207,835 1,116,032 during any twelve month calendar period shall be grounds for termination of this Agreement by DMS Corp.

Appears in 1 contract

Samples: Brand Manager Agreement (Dispatch Management Services Corp)

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