Semi-Annual Market Share Adjudication Cycle Sample Clauses

Semi-Annual Market Share Adjudication Cycle. For those Programs that have a market share performance requirement, Market Share Adjudications are performed semi-annually for the previous six-month Measurement Period. Each year, the First Adjudication Calculation is performed during the first quarter and reviews the Participants performance from the Second Measurement Period of the previous year (third and fourth quarter). Any tier movement and discount changes become effective on the First Discount Adjustment Date of the year, April 1. Each year, the Second Adjudication Calculation is performed during the third quarter and reviews Participant performance from the First Measurement Period of the same year (first and second quarter). Any tier movement and discount changes become effective on the Second Discount Adjustment Date of the year, October 1. G Accurate as of June 22, 2020 The most current version Letter of Participation xxxx://xxx.xxx.xxxxx.xxxxx.xx.xx/MMCAP/Contracts/Default.aspx MMS2000315 There are no “off cycle” measurement periods regardless of Participants’ enrollment effective date. All adjudications will be based on market share data from January-June and July-December. The cycle will continue throughout the duration of the applicable Product Program.
Sample 1
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