Common use of Transaction Fee Only Clause in Contracts

Transaction Fee Only. GT provides the Hosting Services and the Upgrades at no extra charge to AXP. GT will not receive any share of any other amounts whatsoever received by AXP from Customers with respect to the Corporate, Middle Market and International Sites. ARTICLE X --------- TERM AND TERMINATION -------------------- 10.1 The initial term (the "Initial Term") of this Agreement with respect to the following markets shall be as follows: (a) With respect to the Corporate Site(s) for the Middle Market and Large Market, shall be three (3) years after the Acceptance of the Corporate Phase I Functionality, unless sooner terminated as provided herein. (b) With respect to the Small Business Site(s), shall be three (3) years after the Acceptance of the Consumer/Small Business Phase I Functionality, unless sooner terminated as provided herein. (c) With respect to the International Site(s), shall be three (3) years after the Acceptance in the first Market Country of the International Phase I Functionality, unless sooner terminated as provided herein. (d) With respect to the Consumer Site(s), shall be two (2) years after the Release Date, unless sooner terminated as provided herein. With respect to each of the foregoing markets, the following shall apply. AXP shall notify GT at least ninety (90) days prior to the end of the Initial Term or any renewal term if it wants to renew this Agreement and if GT agrees to such renewal then this Agreement shall continue for successive renewal periods (each a "Renewal Period") each for a term of one year until terminated in accordance with the terms hereof. Any Initial Term and any Renewal Periods are referred to in this Agreement as the "Term." AXP may terminate this Agreement at the end of the then current term by providing GT written notice at least ninety (90) days prior to the expiration of such term. GT may terminate this Agreement at the end of the then current term by providing AXP written notice at least ninety (90) days prior to the expiration of such term.