Common use of Volume Reductions Clause in Contracts

Volume Reductions. The percentage of Net Advertising Revenue that is ----------------- payable to CP pursuant to Section 6.1(a) shall be reduced by (****%) per each block of **** Active ICQ Mail Users during such quarter (but excluding the first such block of **** Active ICQ Mail Users), up to a maximum reduction of ****% (resulting in a percentage of Net Advertising Revenue to CP of (****%). For example, if in Q1 the number of Active ICQ Mail Users is ****, then the percentage of Net Advertising Revenue payable to CP for such quarter would be ****% (****% less ****% for each full block of **** Active ICQ Mail Users, after the first such block of **** Active ICQ Mail Users). If, however, in Q2, the number of Active ICQ Mail Users * CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN INFORMATION CONTAINED IN THIS EXHIBIT. THROUGHOUT THIS EXHIBIT CONFIDENTIAL PORTIONS HAVE BEEN OMITTED FROM THE PUBLIC FILING AND HAVE BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. increases to ****, then the percentage of Net Advertising Revenue payable to CP for such quarter would be ****% (****% less ****% for each full block of **** Active ICQ Mail Users after the first such block, but subject to the maximum reduction of twenty percentage points from the initial split to CP.

Appears in 1 contract

Sources: Email Services Agreement (Critical Path Inc)

Volume Reductions. The percentage of Net Advertising Revenue that is ----------------- payable to CP pursuant to Section 6.1(a) shall be reduced by ([****%) ] per each block of [**** ] Active ICQ Mail Users during such quarter (but excluding the first such block of [**** ] Active ICQ Mail Users), up to a maximum reduction of [****% ] (resulting in a percentage of Net Advertising Revenue to CP of ([****%)]. For example, if in Q1 the number of Active ICQ [**] Mail Users is [****], then the percentage of [**] Net Advertising Revenue payable to CP for such quarter would be [****% (****% less ****% for each full block of **** ] Active ICQ Mail Users, after the first such block of [**** ] Active ICQ Mail Users). If, however, in Q2, the number of Active ICQ [**] Mail Users * [**] CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO CERTAIN INFORMATION CONTAINED IN THIS EXHIBIT. THROUGHOUT THIS EXHIBIT CONFIDENTIAL PORTIONS HAVE BEEN OMITTED FROM THE PUBLIC FILING AND HAVE BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. increases to [****], then the percentage of Net Advertising Revenue payable to CP for such quarter would be [****% (****% less ****% for each full block of **** ] Active ICQ Mail Users after the first such block[**], but subject to the maximum reduction of twenty percentage points from the initial split [**] to CP.

Appears in 1 contract

Sources: Email Services Agreement (Critical Path Inc)