Sales Requirements Sample Clauses
Sales Requirements. Should no sales be recorded in two consecutive contract quarters, the Contract may be terminated for convenience or the Department may choose to not renew the Contract.
Sales Requirements. 11.1 Product Sales The LifeVantage Compensation Plan is based upon the sale of LifeVantage products to end consumer customers. LifeVantage Distributors must fulfill personal and Marketing Organization retail sales requirements (as well as meet other responsibilities set forth in the Agreement) to be eligible for applicable rebates, bonuses, commissions and advancement to higher levels of achievement. The following sales requirements must be satisfied for LifeVantage Distributors to be eligible for commissions:
11.1.1 Sales Volume LifeVantage Distributors must satisfy the Personal Sales Volume (“PV”) and Organizational Sales Volume (“OV”) requirements to fulfill the requirements associated with a particular rank as specified in the LifeVantage Compensation Plan. PV includes purchases made by the LifeVantage Distributor and personally enrolled Customers. All LifeVantage Distributors are still required to have their personal monthly order to fulfill monthly requirements as specified in the Compensation plan. OV shall include the total PV of all LifeVantage Distributors in his, her or its Marketing Organization plus the LifeVantage Distributor’s PV.
11.2 No Territory Restrictions There are no exclusive territories granted to anyone.
11.3 70% Sales Rule LifeVantage Distributors must comply with the 70% Sales Rule, where upon placing a new product order, a LifeVantage Distributor is deemed to have certified that he, she or it has sold or consumed at least 70% of all products purchased in prior orders. Each LifeVantage Distributor that receives rebates, bonuses or commissions and orders additional product agrees to retain documentation that demonstrates compliance with this policy, including evidence of retail sales, for a period of at least four (4) years. A LifeVantage Distributor agrees to make this documentation available to the Company at the Company’s request. Failure to comply with this requirement or falsely representing the amount of product sold or consumed in order to advance in the LifeVantage Compensation Plan constitute a breach of the Agreement and is grounds for termination. Furthermore, a breach of this requirement entitles the Company to recover any commissions paid to the LifeVantage Distributor for any period of time during which such documentation is not maintained or for which this provision has been breached.
Sales Requirements. (a) For each Contract Year until the expiration of the Royalty License, VCP shall use all commercially reasonable efforts to sell or distribute a unit volume of Licensed Thermal Paper Products in the Exclusive Territory that equals or exceeds eighty percent (80%) of the units of Licensed Thermal Paper Products sold by VCP in the Exclusive Territory during the immediately preceding Contract Year (and for the first Contract Year, the immediately preceding twelve (12) month period) (the “Sales Threshold”). If the unit volume of Licensed Thermal Paper Products sold or distributed by VCP in the Exclusive Territory during any Contract Year is below the Sales Threshold, then VCP shall provide Oji with a written analysis of the reasons for such sales performance (the “Written Analysis”) within 30 days of the end of such Contract Year. After receipt of such Written Analysis, Oji shall have the option to (i) work with VCP to bolster sales and address any issues raised by VCP in the Written Analysis, (ii) terminate this Agreement, but only if (a) Oji reasonably and in good faith expects that VCP will be unable to meet the Sales Threshold in a second consecutive Contract Year and provides VCP with a written analysis supporting such conclusion or (b) VCP has missed the Sales Threshold in two consecutive Contract Years.
(b) Until the end of the expiration of the Royalty License, VCP shall use commercially reasonable efforts to maximize the volume of Licensed Thermal Paper Products sold or distributed by VCP in the Non-Exclusive Territory, subject to and consistent with VCP’s obligations to meet the Sales Threshold in the Exclusive Territory for any given Contract Year, and further subject to the sale and distribution of those Other Products it is permitted to sell pursuant to the terms of Section 3.01(e).
Sales Requirements. (1) Retailer must comply with minimum sales volume requirements established by the Lottery. Retailers failing to meet minimum sales volume requirements will be notified and their sales volume monitored. Continued failure to meet minimum sales volume requirements may result in Contract probation or termination. Retailer agrees to sell all Lottery products unless exempted by the Lottery.
(2) Retailer agrees to sell Scratchers tickets pursuant to the Lottery’s Scratchers distribution and sales program.
Sales Requirements. 5.1 — Product Sales The Essanté Organics Compensation Plan (Essanté Earnings) is based upon the sale of Essanté Organics products to end consumers. Associates (Executives) must fulfill personal and downline organization retail sales requirements (as well as meet other responsibilities set forth in the Agreement) to be eligible for bonuses, commissions and advancement to higher levels of rank achievement. The following sales requirements must be satisfied for Associates (Executives) to be eligible for commissions:
a) Associates (Executives) must satisfy the Personal Sales Volume requirements associated with their rank as specified in the Essanté Organics Compensation Plan (Essanté Earnings). Personal Sales Volume includes personal purchases made by the Associate (Executive) and purchases made by the Associate’s (Executive’s) customers.
b) At least 70% of an Associate’s (Executive’s) total monthly Personal Sales Volume must be sold to personal retail customers and online wholesale customers. By reordering, an Associate (Executive) certifies that he or she has complied with this policy.
c) Associates (Executives) must develop or service at least five (5) customers every month. These customers can be personal retail customers or online wholesale customers.
5.2 — No Price or Territory Restrictions Associates (Executives) are not required to sell Essanté Organics products at the suggested retail prices set by Essanté Organics on the Essanté Organics website. Associates (Executives) may sell Essanté Organics products at any price they choose. There are no exclusive territories granted to anyone. No franchise fees are required.
Sales Requirements. 5.1 Product sales
Sales Requirements. 5.1 - Product/Service Sales
5.1.1 - members must satisfy the Personal Sales Volume requirements to fulfill the requirements memberd with their rank as specified in the WOR(l)D Compensation Plan. "Personal Sales Volume" includes purchases made by the member and purchases made by the member's personal customers.
5.2 - No Territory Restrictions
Sales Requirements. Sales prices must be approved by the Authority and must be in accordance with the following:
a. No profit may be earned on the sale of the property. As such, the sale of property shall be in an amount equal to or less than the cost to acquire and develop or rehabilitate the property up to a decent, safe, and habitable condition.
b. The sale price may not exceed the lesser of the post-development fair market value or the acquisition/development cost. The acquisition/development costs of a property is determined by aggregating all costs of acquisition, rehabilitation, and development (including related activity delivery costs, which generally include, among other things, costs related to the sale of property).
c. In determining the sales price, the Developer may not consider the costs of boarding up, lawn mowing and/or maintaining the property in a static condition. Prior to each closing or sale to an eligible buyer, the Authority must be provided with a post-development appraisal, draft settlement statement, draft note and NSP mortgage, annual income form with documentation, a homebuyer summary form and documentation of buyer completing homebuyer counseling for approval. For each sale to an eligible buyer, the Developer or Subrecipient must provide direct NSP assistance to the buyer for the purchase of the property. The direct assistance must be in the form of down payment/closing cost assistance, a reduction of the sales price below the appraised market value, or a combination of both.
Sales Requirements. In order to for the Agreement to renew automatically pursuant to Section 12.2 the Distributor must have the following sales of Products during each six month period: For Xxxx X. Xxxxxx Ltd:
01- Jul-01 through 31-Dec-01: [*] 01-Jan-02 through 30-June-02: [*] 01-Jul-02 through 31-Dec-02: [*] 01-Jan-03 through 30-June-03: [*] 01-Jul-03 through 31-Dec-03: [*] 01-Jan-04 through 30-June-04: [*] For Xxxx X. Xxxxxx Sarl 01-Jul-01 through 31-Dec-01: [*] 01-Jan-02 through 30-June-02: [*] 01-Jul-02 through 31-Dec-02: [*] 01-Jan-03 through 30-June-03: [*] 01-Jul-03 through 31-Dec-03: [*] 01-Jan-04 through 30-June-04: [*] This document has been redacted pursuant to a confidential treatment request. The * symbol denotes redacted information.
Sales Requirements. (i) Following the First Commercial Sale in any country in the License Territory, Company shall itself or through its Affiliates and/or Sublicensees make continuing Sales in such country without any elapsed time period of one (1) year or more in which such Sales do not occur, unless Company can demonstrate to Hospital’s reasonable satisfaction that such lapse in sales is (a) consistent with reasonable commercial practice (and due to no intent to minimize or exclude royalties or fees under this Agreement ); or (b) is caused by factors beyond the control of Company . Company shall itself or through an Affiliate or Sublicensee make such First Commercial Sale within the United States within fifteen (15) years after the Effective Date of this Agreement.