Common use of Second Year Clause in Contracts

Second Year. The Company will pay Snap a total of $[*] with respect to the second year of the Term, as follows: 5.2.1 The Company will pay Snap an annual slotting fee of $[*] for carriage of the Promotions within the Snap Site, payable in twelve equal monthly installments, within 30 days of each month; and 5.2.2 The Company will pay Snap a partnership fee of $[*] payable in equal monthly installments of $[*] by the fifth day of each calendar month.

Appears in 3 contracts

Sources: Promotion Agreement (Ivillage Inc), Promotion Agreement (Ivillage Inc), Promotion Agreement (Ivillage Inc)