Transferred Sales definition
Examples of Transferred Sales in a sentence
STEP 4: The Arbitrator will multiply the Transferred Sales calculated in Step 3 by twenty-eight percent (28%) (the “Reduced Profit”).
The arbitration shall be conducted in accordance with the AAA Consumer Arbitration Rules then in effect, which rules can be found at ▇▇▇.▇▇▇.▇▇▇, or which can be obtained by calling the AAA at ▇-▇▇▇-▇▇▇-▇▇▇▇, or which will be provided by the Company upon request.
It is agreed among the Partners that all expenses and costs relating to FRP Transferred Sales Employees are included in the Administrative Fee and that no additional payment or reimbursement shall be made from the Partnership to the Managing Partner on account of such employees.
STEP 3: The Arbitrator will multiply the "gross sales" of the Objecting Franchisee's restaurant for the 12-month period immediately preceding the opening of the New Restaurant by the Gross Percentage calculated in Step 2 (the "Transferred Sales").
The Right-Way Transferred Sales Incentive will be paid to the Executive by the Company no later than March 31 of each year of the Term.