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HomeMy WebLinkAboutmaster purchase agreementDATTACHMENT D to Purchase Agreement dated as of January 06, 2003 by and between SUPPLIER , and COUNTY . Participating Public Agency Rebates In addition to the pricing discounts set forth in the Master Purchase Agreement, Supplier agrees to pay to the County and other Participating Public Agencies rebates contingent upon achieving the annual volumes or incentive thresholds set forth below: A. Volume Rebates Purchases* % of Purchase Rebate $500,000 <$1,000,0000 1% $1,000,000 <$1,500,000 2% $1,500,000 <$2,000,000 3% $2,000,000 or more 4% All volume rebates are to be determined on a calendar year basis during the term of this Master Purchase Contract and are payable within 60 days of the end of each calendar year. B. Program Rebates County and other Participating Public Agencies will be eligible to participate in various rebate incentive programs offered by Supplier from to time to time and to receive aggregate 'rebates up to a maximum of 2% of County's or the Participating Public Agency's (as applicable) annual purchases. The initial rebate incentive program to be offered by Supplier is as follows: 1. 2% rebate on all purchases* between January 1, 2003 and June 30, 2003 2. Any rebates under the foregoing initial rebate program will be payable by August 31, 2003. *All purchases are net of returns and freight charges and must be paid within terms to be eligible.