Standard and Specific Terms and Conditions; Exhibits. This Agreement shall be subject to the standard terms and conditions set forth in this Agreement and Exhibit C attached hereto. Each Exhibit attached hereto is incorporated herein by reference to this Agreement and is an integral part hereof. This Agreement is signed by the duly authorized representatives of the parties, who each acknowledge having received a duly executed copy. ACCEPTED AND AGREED: MASTERCARD EUROPE SA By: Print name: Xxxxxxxx Xxxxx Print title: General Manager Date: Date / January / 2018 PRAŽSKÉ JARO, O.P.S. By: Print name: Ing. Xxxxx Xxxxx Print title: Director of Prague Spring Date: Date / Month / Year By: Print name: Enter full name of signatory Print title: Enter title of signatory Date: Date / Month / Year TtfIS AGREEMENT IS APPROVED AS TO LEGAL FORM BY TtfE MASTERCARD LAW DEPARTMENT FOR USE WITtfOUT ANY MODIFICATION OF TtfE TERMS AND CONDITIONS. Mastercard will contribute to the Marketing Initiative as follows (the “Mastercard Contribution”):
i. Mastercard shall contribute to the Marketing Initiative with a (maximum) amount of three million four hundred three thousand two hundred Czech crowns . Payment shall be made in accordance to clause 7 of Exhibit C, subject to Merchant sending an invoice as soon as possible after January 31st, 2018 and subject to clause 1.2 below.
ii. At latest on 30 June 2018, Merchant shall provide Mastercard with appropriate and adequate evidence that a sum equal to the Mastercard Financial Contribution that would be due by Mastercard under section 1.1 is being or has been spent by Merchant on the Marketing Initiative during the Marketing Initiative Period, by providing Mastercard with any suitable proof of its marketing, advertising and general program launch costs, e.g. marketing plans, copies of the executions and invoices related to its marketing and advertising campaigns (which may include developing and executing Above-the-Line and Below-the-Line marketing campaigns, i.e. brochures, posters, mailing, advertising through direct media, television and the written press). Any part of the Mastercard Contribution that cannot be properly justified as being spent as referred to above shall cease to be due by Mastercard. Any such part that would have been paid already shall be reimbursed by Merchant. In that case, Merchant shall provide a credit note for that amount complying with clause 7 of Exhibit C.
iii. Mastercard will never reimburse expenses which would have been incurred prior to the Effective Date of...
Standard and Specific Terms and Conditions; Exhibits. This Agreement shall be subject to the standard terms and conditions set forth in Exhibit C attached hereto. Each Exhibit attached hereto is incorporated herein by reference to this Agreement and is an integral part hereof.
1.1 MasterCard shall contribute to the Marketing Initiative with a (maximum) amount of . Payment shall be made in accordance to clause 7 of Exhibit C, subject to Merchant sending an invoice as soon as possible after and subject to clause 1.2 below.
1.2 At latest on Select month , Merchant shall provide MasterCard with appropriate and adequate evidence that a sum equal to the MasterCard Financial Contribution that would be due by MasterCard under section
1.1 is being or has been spent by Merchant on the Marketing Initiative during the Marketing Initiative Period, by providing MasterCard with any suitable proof of its marketing, advertising and general program launch costs, e.g. marketing plans, copies of the executions and invoices related to its marketing and advertising campaigns (which may include developing and executing Above-the-Line and Below-the-Line marketing campaigns, i.e. brochures, posters, mailing, advertising through direct media, television and the written press). Any part of the MasterCard Contribution that cannot be properly justified as being spent as referred to above shall cease to be due by MasterCard. Any such part that would have been paid already shall be reimbursed by Merchant. In that case, Merchant shall provide a credit note for that amount complying with clause 7 of Exhibit C.
1.3 MasterCard will never reimburse expenses which would have been incurred prior to the Effective Date of the Agreement. MasterCard will contribute to the Marketing Initiative as follows (the “MasterCard Contribution”): Via its Marketing Agency, MasterCard shall contribute to the Marketing Initiative by providing the following to Merchant for a total value of Euro:
Standard and Specific Terms and Conditions; Exhibits. This Agreement shall be subject to the standard terms and conditions set forth in Exhibit C attached hereto. Each Exhibit attached hereto is incorporated herein by reference to this Agreement and is an integral part hereof.
