Common use of Minimum Revenue Commitment Clause in Contracts

Minimum Revenue Commitment. The minimum gross revenue commitment for the Agreement will be based on the number of End Users as follows: For each month of this agreement and for each country shown, StarMedia Network shall commit to a monthly base level of end users asshown below, for the five year term of End Users as shown below, from the Contract Start Date of this Agreement, for the five year term for IBM Services outlined in this Agreement. This volume commitment shall come from StarMedia Network's remarketing of IBM Internet Connection Services (IBM ICS) directly to End Users in the countries identified in this Agreement. All the End Users registering for IBM ICS using a StarMedia offer code in each calendar month of the term of this Agreement shall count toward this volume commitment. Volume Commitment --------------------------------------------------------------------------- Country Argentina Brazil Chile Colombia Mexico --------------------------------------------------------------------------- Volume Commitment [****] [****] [****] [****] [****] --------------------------------------------------------------------------- Months in Contract Year One [****] [****] [****] [****] [****] --------------------------------------------------------------------------- **** Represents material which has been redacted pursuant to a request for confidential treatment pursuant to Rule 406 under the Securities Act of 1933, as amended. Omitted material for which confidential treatment has been requested has been filed separately with the Securities and Exchange Commission. (Note: Contracts Year two thru five require 12 month commitment in each country) At the first annual reconciliation, the number of months in Contract Year One will be adjusted for any delay in the start of service in each country.

Appears in 1 contract

Sources: Ibm Business Partner Agreement (Starmedia Network Inc)

Minimum Revenue Commitment. The minimum gross revenue commitment for the Agreement will be based on the number of End Users as follows: For each month of this agreement and for each country shown, StarMedia Network shall commit to a monthly base level of end users asshown below, for the five year term of End Users as shown below, from the Contract Start Date of this Agreement, for the five year term for IBM Services outlined in this Agreement. This volume commitment shall come from StarMedia Network's remarketing of IBM Internet Connection Services (IBM ICS) directly to End Users in the countries identified in this Agreement. All the End Users registering for IBM ICS using a StarMedia offer code in each calendar month of the term of this Agreement shall count toward this volume commitment. Volume Commitment --------------------------------------------------------------------------- Country Argentina Brazil Chile Colombia Mexico --------------------------------------------------------------------------- Volume Commitment [****] [****] [****] [****] [****] --------------------------------------------------------------------------- Months in Contract Year One [****] [****] [****] [****] [****] --------------------------------------------------------------------------- **** Represents material which has been redacted pursuant to a request for confidential treatment pursuant to Rule 406 under the Securities Act of 1933, as amended. Omitted material for which confidential treatment has been requested has been filed separately with the Securities and Exchange Commission. (Note: Contracts Year two thru five require 12 month commitment in each country) At the first annual reconciliation, the number of months in Contract Year One will be adjusted for any delay in the start of service in each country.

Appears in 1 contract

Sources: Ibm Business Partner Agreement (Starmedia Network Inc)