Yearly Churn Goal/I-Dealer’s Churn Rate Sample Clauses

Yearly Churn Goal/I-Dealer’s Churn Rate. I-Dealer shall have an annual churn goal of [***] (“Churn Goal”). After the end of each month, Company shall use the information and data available to determine I-Dealer’s actual monthly churn rate. For each month, I-Dealer’s monthly churn rate shall be calculated as follows: The number of net Deactivations which occurred during that month divided by the average number of active post-paid I-Dealer Subscribers during that month. The average number of active I-Dealer Subscribers shall be calculated by taking the number of active Subscribers at the beginning of the month plus the number of active Subscribers at the end of the month and dividing by two. By way of example only, if I-Dealer averages [***] active post-paid I- Dealer Subscribers during the month and experiences [***] Deactivations during that month [***] churn rate. The average churn rate for the month will be I-Dealer’s churn rate for the purposes of the Annual Commission Bonus. Deactivations due to Subscriber address change, Subscriber Market transfer, Subscriber phone number change, correction of errors and/or change of responsibility shall not be treated as Deactivations for purposes of calculating I-Dealer’s churn rate.
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