REBATE
Reseller is eligible for Rebate compensation subject to the following conditions;
a) Agilent will define and communicate to Reseller two (2) strategic and growth programs with assigned targets per quarter or alternatively per half. A rebate of two percent (2%) will be granted for meeting or exceeding each of the defined targets.
b) A rebate of two percent (2%) will be granted to Reseller for meeting or exceeding its quarterly invoiced target as defined and communicated by Agilent.
The rebate amounts will be calculated from the net value of Column I Products invoiced under this Agreement during rebate period. The rebate will be paid in the form of a credit note. Such credit note will be released, when applicable, on the 15th working day following the end of a rebate period.