Common use of Stock Rotation Clause in Contracts

Stock Rotation. 7.8.1 At any time during the first 30 (thirty) days following the end of GUPTA's fiscal quarter during the Term of the Agreement, DISTRIBUTOR may return for credit an amount of Products with an original purchase price not in excess of ten percent (10%) of the aggregate purchase price of all DISTRIBUTOR's purchases during the preceding 90 (ninety) days, one calendar quarter. Any Product(s) to be returned by Distributor must be new, unused, and in original unopened packaging. 7.8.2 When DISTRIBUTOR requests a stock rotation, it will submit to GUPTA a list indicating the quantity and part number of the Product(s), limited to current version or immediately previous Product release only. Stock rotation requests must be (i) submitted within 90 (ninety) days from the original Product invoice date, and (ii) accompanied by an Order for Products with an aggregate purchase price equal to or greater than the credit DISTRIBUTOR is to receive for such return. Upon receiving such list and related Order for Products, GUPTA will issue to Distributor a Return Material Authorization ("RMA") number for the return of the Product(s) on the list and will process the related Order for Products. All transportation costs (and duties) for the returned Products shall be paid by DISTRIBUTOR. 8. ADDITIONAL OBLIGATIONS OF DISTRIBUTOR 8.1.

Stock Rotation. 7.8.1 15.13.1 At any time during the first 30 (thirty) days following the end of GUPTA's fiscal quarter during the Term of the Agreement, DISTRIBUTOR may return for credit an amount of Products with an original purchase price not in excess of ten percent (10%) of the aggregate purchase price of all DISTRIBUTOR's purchases during the preceding 90 (ninety) days, one calendar quarter. Any Product(s) to be returned by Distributor must be new, unused, and in original unopened packaging. 7.8.2 15.13.2 When DISTRIBUTOR requests a stock rotation, it will submit to GUPTA a list indicating the quantity and part number of the Product(s), limited to current version or immediately previous Product release only. Stock rotation requests must be (i) submitted within 90 (ninety) days from the original Product invoice date, and (ii) accompanied by an Order for Products with an aggregate purchase price equal to or greater than the credit DISTRIBUTOR is to receive for such return. Upon receiving such list and related Order for Products, GUPTA will issue to Distributor a Return Material Authorization ("RMA") number for the return of the Product(s) on the list and will process the related Order for Products. All transportation costs (and duties) for the returned Products shall be paid by DISTRIBUTOR. 8. ADDITIONAL OBLIGATIONS OF DISTRIBUTOR 8.1.

Stock Rotation. 7.8.1 At any time during the first 30 (thirty) days following the end of GUPTA's fiscal quarter during the Term of the Agreement, DISTRIBUTOR may return for credit an amount of Products with an original purchase price not in excess of ten percent (10%) of the aggregate purchase price of all DISTRIBUTOR's purchases during the preceding 90 (ninety) days, one calendar quarter. Any Product(s) to be returned by Distributor must be new, unused, and in original unopened packaging. 7.8.2 When DISTRIBUTOR requests a stock rotation, it will submit to GUPTA a list indicating the quantity and part number of the Product(s), limited to current version or immediately previous Product release only. Stock rotation requests must be (i) submitted within 90 (ninety) days from the original Product invoice date, and (ii) accompanied by an Order for Products with an aggregate purchase price equal to or greater than the credit DISTRIBUTOR is to receive for such return. Upon receiving such list and related Order for Products, GUPTA will issue to Distributor a Return Material Authorization ("RMA") number for the return of the Product(s) on the list and will process the related Order for Products. All transportation costs (and duties) for the returned Products shall be paid by DISTRIBUTOR. 8. ADDITIONAL OBLIGATIONS OF DISTRIBUTOR 8.1.

Stock Rotation. 7.8.1 At any time during the first 30 thirty (thirty30) days following the end of GUPTA's fiscal quarter during the Term of the Agreement, DISTRIBUTOR may return for credit an amount of Products with an original purchase price not in excess of ten percent (10%) of the aggregate purchase price of all DISTRIBUTOR's purchases during the preceding 90 ninety (ninety90) days, one calendar quarter. Any Product(s) to be returned by Distributor must be new, unused, and in original unopened packaging. 7.8.2 When DISTRIBUTOR requests a stock rotation, it will submit to GUPTA a list indicating the quantity and part number of the Product(s), limited to current version or immediately previous Product release only. Stock rotation requests must be (i) submitted within 90 ninety (ninety90) days from the original Product invoice date, and (ii) accompanied by an Order for Products with an aggregate purchase price equal to or greater than the credit DISTRIBUTOR is to receive for such return. Upon receiving such list and related Order for Products, GUPTA will issue to Distributor a Return Material Authorization ("RMA") number for the return of the Product(s) on the list and will process the related Order for Products. All transportation costs (and duties) for the returned Products shall be paid by DISTRIBUTOR. 8. ADDITIONAL OBLIGATIONS OF DISTRIBUTOR 8.1.