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MICHELIN BFGoodrich
Bonus for purchased volume P2 Volume targets Bonus for purchased volume P2 Volume targets
(EUR/tire) Q3 Q4 (EUR/tire) Q3 Q4
EUR 2.00 ≥ 10,000 EUR 3.00 ≥ 1.500
EUR 1.50 ≥ 7,000 EUR 2.00 ≥ 1.000
EUR 1.00 ≥ 3,000 EUR 1.00 ≥ 500
EUR 0.50 ≥ 1,500
I. GENERAL PROVISIONS
1. Product line: the present commercial conditions apply to all Passenger Car, 4x4, Light Truck tires.
2. Duration: the present commercial conditions are valid from the date of 01.07.2021 till 31.12.2021 referred as "P2".
3. Commercial conditions periods: The periods defined in the present commercial conditions are:
3rd Period from 01/07/2020 till 30/09/2020 (herein referred as "Q3")
4th Period from 01/10/2020 till 31/12/2020 (herein referred as "Q4")
4. Price List: the prices which are officially published by Michelin.The prices mentioned on the invoices are the prices that will be paid by the Dealers.
5. The Base discount is applied automatically and unconditionally on the invoice.
6. Good Payment discount: is granted automatically on the invoice. In case of late payment, the good payment discount will be reversed by issuing a debit note to be paid by the dealer immediately. The value of a debit note will
represent 1% of gross amount of total overdue. Overdue amount will be calculated taking into account the total value of all open invoices for which the maturity was reached.
7. Volume Bonus: the bonus is granted based on the volumes purchased by Dealer according to corresponding grid. Tires with net prices are counted for reaching the volumes target. Tires invoiced with net prices shall not
benefit from the volume bonus.
8. Key Player bonus is granted in accordance with the provisions of Quantitative Bonus Agreement. Tires invoiced with net prices shall benefit from the Key Player bonus
9. Vertical exemption: if the Dealer's market share on the relevant market exceeds 30%, the Dealer shall advice Michelin immediately in written form.
The present commercial conditions are communicated and producing effects between MICHELIN and Dealer/Client, without Dealer/Client's signature within the validity period as mentioned above.
By placing an order the Dealer accepts the hereinafter Commercial Conditions.
Standard Terms of payment (TOP) is 35 days from the end of month in which the invoice is issued. During winter campaigns standard TOP is replaced by a special campaign TOP offer
Michelin Brand
05th of December
Winter & All Season
Jun - September 2021
BFGoodrich Brand
20th of November
Winter & All Season
SIGNATURE/STAMP
COMMERCIAL CONDITIONS PROTOCOL JULY- DECEMBER 2021
Passenger Car, 4x4, Light Truck Tires
TIGAR
Bonus for purchased volume P2 Volume targets
(EUR/tire) Q3 Q4
EUR 3.50 ≥ 25,000
EUR 3.00 ≥ 20,000
EUR 2.50 ≥ 15,000
EUR 2.00 ≥ 10,000
EUR 1.50 ≥ 8,000
EUR 1.00 ≥ 5,000
I. GENERAL PROVISIONS
1. Product line: the present commercial conditions apply to all Passenger Car, 4x4, Light Truck tires.
2. Duration: the present commercial conditions are valid from the date of 01.07.2021 till 31.12.2021 referred as "P2".
3. Commercial conditions periods: The periods defined in the present commercial conditions are:
3rd Period from 01/07/2020 till 30/09/2020 (herein referred as "Q3")
4th Period from 01/10/2020 till 31/12/2020 (herein referred as "Q4")
4. Price List: the prices which are officially published by Michelin.The prices mentioned on the invoices are the prices that will be paid by the Dealers.
5. The Base discount is applied automatically and unconditionally on the invoice.
6. Good Payment discount: is granted automatically on the invoice. In case of late payment, the good payment discount will be reversed by issuing a debit note to be paid by the dealer immediately. The value of a debit note will
represent 1% of gross amount of total overdue. Overdue amount will be calculated taking into account the total value of all open invoices for which the maturity was reached.
7. Volume Bonus: the bonus is granted based on the volumes purchased by Dealer according to corresponding grid. Tires with net prices are counted for reaching the volumes target. Tires invoiced with net prices shall not
benefit from the volume bonus.
8. Vertical exemption: if the Dealer's market share on the relevant market exceeds 30%, the Dealer shall advice Michelin immediately in written form.
The present commercial conditions are communicated and producing effects between MICHELIN and Dealer/Client, without Dealer/Client's signature within the validity period as mentioned above.
By placing an order the Dealer accepts the hereinafter Commercial Conditions.
Standard Terms of payment (TOP) is 35 days from the end of month in which the invoice is issued. During winter campaigns standard TOP is replaced by a special campaign TOP offer
Tigar Brand
Jun - September 2021 05th of December
Winter & All Season
SIGNATURE/STAMP