Sales Quotas. This Agreement is being entered into based upon good faith sales estimates provided by JADEMAR. JADEMAR's sales quota for the first full contract year shall be $750,000 of K-TRONIK Product; for the second contract year, $1,500,000 ; and for the third contract year, $2,000,000. For purposes of the foregoing, contract years shall be considered calendar years beginning with calendar year 2000. For reference purposes only, for the calendar year 1999, JADEMAR's sales goal will be $150,000. During any renewal term, JADEMAR and K-TRONIK shall jointly develop a sales quota for each year of the renewal term. The sales quota for each such year shall take into consideration prior sales volumes, existing market conditions and reasonable sales growth targets (e.g. 5% to 15% per year).
Sales Quotas. 4.1 In consideration of the exclusive and non-exclusive rights to sell the Products within the NovaCare Market granted hereby, NovaCare agrees to use its best efforts to effect sales and purchases aggregating at least the following minimum dollar volumes of Products within the NovaCare Market during the time periods shown: JANUARY 1, 1996 TO DECEMBER 31, 1996 ------------------------------------ $350,000 JANUARY 1, 1997 TO DECEMBER 31, 1997 ------------------------------------ $700,000 JANUARY 1, 1998 to DECEMBER 31, 1998 ------------------------------------ $2,000,000 JANUARY 1, 1999 TO DECEMBER 31, 2000 ------------------------------------ $2,500,000 JANUARY 1, 2001 TO DECEMBER 31, 2001 AND EACH YEAR THEREAFTER ------------------------------------------------------------- the greater of: (i) 105% of the prior year's quota or (ii) the prior year's quota plus one-half (1/2) the difference between the prior year's quota and the prior year's actual sales Notwithstanding the foregoing, the sales quota for any year hereunder shall not exceed $8,000,000, unless otherwise agreed in writing by the parties hereto, during the ten (10) year period beginning on the date hereof and ending on November 30, 2005.
Sales Quotas. Throughout the Term (as hereinafter defined), Distributor shall purchase, and pay Supplier for, an amount of the Product equal to, or in excess of, the Minimum Purchase Commitment. The parties hereby acknowledge and agree that: (i) the Minimum Purchase Commitment will be mutually established by the parties from time to time, and may be structured in any manner the parties see fit (e.g., applicable to all or any portion(s) of the Territory, calculated monthly, quarterly or annually, etc.); (ii) as the Minimum Purchase Commitment is agreed to and/or amended by the parties, Exhibit C shall be amended accordingly; (iii) Supplier is subject to certain minimum sales commitments under the License Agreement; (iv) the Minimum Purchase Commitment agreed upon by the parties (as the same may be amended from time to time) will be negotiated in direct contemplation of Supplier’s minimum sales commitments under the License Agreement; and (v) Distributor’s failure to agree to and/or meet the Minimum Purchase Commitment, at any time during the Term, shall constitute a material breach of this Agreement by Distributor pursuant to Section 13.2 below.
Sales Quotas. In addition to the Distributor's obligation to use its best efforts to actively and aggressively market the Products to all available customers within the Territory, the Distributor agrees to purchase and pay for the following minimum volumes of the Products for sale in the territory, which amounts the parties hereby acknowledge and stipulate are fair and commercially reasonable. 2006 [***] cases 2007 [***] cases 2008 [***] cases The parties agree to negotiate the Minimum Purchase Volumes for each year after the periods set forth above, based upon the current market conditions, including categories growth, population size, per-capita sales volume and comparative analysis to other territories. In the event that an agreement is reached, shall be [***] higher than the minimum for the previous year or [***] of the actual purchase in the previous year, whichever is greater.
Sales Quotas. As a DSI Security Escort Products Dealer, Dealer hereby commits to the following level of purchases (quotas): Escort Systems - First Year: 3 systems or $50,000 in sales/purchases
Sales Quotas. Master Distributor reserves the right to implement, change or amend a Quota System and to impose same (if any) should Safety Sentry, Inc. require the Master Distributor to implement same. In the event a Quota System is implemented, every effort will be made to assign quota levels based on the individual Dealer’s “working availability” so that each Dealer will receive due consideration for other commitments they have in their lives and the time required to exercise those commitments. In the event of Quota System is implemented, during the initial one (1) year term, Dealer shall meet or exceed the quotas set forth in a revised Dealer Schedule attached hereto if applicable. For each annual extension term, Dealer shall meet or exceed the revised quotas (if any) established by Master Distributor by written notice thereof to Dealer thirty (30) days prior to each anniversary of the Effective Date. In the event that a quota is not met by Dealer, Master Distributor may at its sole discretion terminate this Agreement effective upon the last day of the annual term for which the quota was not met.
Sales Quotas. Employee understands and acknowledges that Company ------------ has determined a sales quota for 1997 as attached as Exhibit A to this Agreement. Employee understands and acknowledges that attainment of the 1997 Sales Quota is material to Employee's performance with the Company.
Sales Quotas. It is agreed that Distributor is committed to selling within its territory the following minimum number of FSS per calendar quarter. 2002 2003 2004 ---------------------- ----------------------- ----------------------- Quarter*1 - 80 Systems Quarter 1 - 120 Systems Quarter 1 - 210 Systems Quarter 2 - 90 " Quarter 2 - 150 " Quarter 2 - 240 " Quarter 3 - 120 " Quarter 3 - 180 " Quarter 3 - 270 " Quarter 4 - 120 " Quarter 0 - 000 " Xxxxxxx 0 - 000 " ---------- ----------- ----------- Total 410 Systems 660 Systems 1020 Systems * Quarter 1 includes Nov- Dec 2001.
Sales Quotas. During thefirst year of the initial term of this Agreement, there shall be no sales quotas. For subsequent years Licensee shall have the following quotas of units purchased from Inventors: During the second, third, fourth and fifth years of initial term of this Agreement, the quota shall be twenty percent (20%) more than the number of units purchased by Licensee during the immediately preceding year, up to the fixed quota set forth below. Thereafter, there shall be a fixed quota of 100,000 units per year for the balance of the initial term and for the renewal term. In the event that Licensee does not meet the quota, Inventors may terminate the License granted under this Agreement, effective upon the last day of the annual term for which the quota was not met.
Sales Quotas. Distributor shall maintain its exclusive right to distribute the Products in the Territory so long as the minimum purchase quotas established in Schedule E are met or exceeded in each year of the Agreement. If Distributor fails to meet the minimum purchase quotas in the first year or in any given six month period thereafter, then Manufacturer shall give Distributor written notice of such failure, and Distributor shall have ninety (90) days after its receipt of such notice to correct such failure (i.e., through submission of purchase orders to Manufacturer for additional units of the Products). If Distributor fails to correct such failure in a timely manner, then Manufacturer shall have the option to convert Distributor's appointment granted in Section 1.1 hereof to a non- exclusive appointment in the Territory, notwithstanding anything to the contrary in Section 1.1, provided that Manufacturer gives Distributor written notice of such conversion within thirty (30) days.
