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BENTLEY SYSTEMS, INC. - 2000
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BENTLEY SYSTEMS, INC. - 2000
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Last modified
7/12/2018 3:19:34 PM
Creation date
7/12/2018 3:19:31 PM
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Contracts
Company Name
BENTLEY SYSTEMS, INC
Contract #
A-2000-011
Agency
Public Works
Destruction Year
2017
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• <br /> Bentley SELECT <br /> SELECT Purchasing <br /> Exhibit D <br /> Dated as of February 1, 1998 <br /> L Participation.Subscriber may apply to pnnicipate and.snhjett to Bender's acrep- A. Commitment Period Milestone.In the event that Subscriber's Revenue Volume from <br /> Race.Subscriber may panieipate in the Bentley SELECT Purchasing Program The the Commitment Period Sum Date until the Commitment Pedal Milestone Date tithe <br /> terms in this Exhibit D shall be applicable to Subsbiters participation.lite Subscriber Milestone i'eritd'I is leas than ninety percent(90%)or is greater than one hundred <br /> shall apply lin panicipatton by completing and submitting to Bentley the SELECT Pur and ten percent(1109M of the pndun of the Revenue Commitment and the Innetion <br /> chasing form from the SELECT I'ricelxcsk. obtained by dividing the length of the Milestone Period by the length of the Commit <br /> inert Peri d,then Bentley shall adjust Subscribers discount level liir future purchases <br /> 2. Definitions.In addition to the defined terms in Exhibit C.die capitalized terns for the remainder of the Commitment Period for until the succeeding Milestone Date.if <br /> below used in this Exhibit etre defined as follows: aunt to the appropriate level set forth in the SELECT I'riebxtk corresponding to Sub- <br /> nerilx-r.:unualized Revenue Volume. <br /> a. -Commitment Period'shall mean the period of time during which Subscriber <br /> intends to Mee(the Revenue Commitment. 5. Tsmimation,IL as of a Commitment Perk al Milestone Date.Subsrihxis annualized <br /> Revenue Volume There not exceed the lowest threshold in the SELECT Pricelxtok.then <br /> h. "Commitment Period Milestone Date'shall 111.01111w date,if any,on Bentley may terminate Subscribers p'micipation in SELECT Purchasing.Funhennore. <br /> svlticlh Bentley shall determine Subscribers pfngress Inwards meeting the Rev- SELECT Purchasing shall odyn tetntimne upon any termination or nun-renewal of Suit. <br /> rate Commitment. wrier,SELECT Agreement, <br /> c, 'Commitment Period Start Date"shall mean the date of commencement of 6. Application of Discount.Subscriber shall Inc permitted to apply the discounts earned <br /> the Commitment Period. under AEI.IiCr Purchasing only to I'ndutis(excluding TERN!Products)licensed during <br /> the Cs nimitinenl Period. <br /> d. "Revenue"Inc'Revenue Volume'shall sten.lig a period,the aggregate of <br /> net invoices for all I'rtduas and e'n'ices pm s ided under this Agnomen The <br /> value of invoices in euveeneies other Than the current)'of the Revenue Cununil- <br /> mteol will be convened Mitt the currency of de Revenue 0)1110 imlent at The <br /> 10I d'n'eel,luurnal exchange tae in effect an the date of invoice, <br /> e. "Revenue Commitment"shall mean the ntinintunt Revenue Vuhune that Still- <br /> SCOW'intends to meet during the Commitment Period. <br /> 3. Commitments,etc.In the SELECT Purchasing ft relined to in Paragraph I above. • <br /> Subscriber shall set(rink its Commitment Period.Revenue Commitment.Commitment <br /> Period Milestone Date and other relevant information for the program as set fink in the <br /> SELECT I'rieebook from time to time.Subscriber represents that it has the capabilit'and <br /> good faith intention to tires.¢'Products duos hereunder in quantities sufficient that its Rev- <br /> enue Volume mets the minimum Revenue Commitment during the Commitment Period <br /> set fink in the farm tas vette may he amended by the panics from lime to hotel,and • <br /> that suck Revenue Volume Ls generally consistent with its hislndcl purchases of Bentley <br /> Pnduas and/or comparable software pnduas. <br />
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