4. RoyaltyDesigner shall receive a Royalty for each Kit/Project Design sold by Jameco as follows:Quarterly Kit/Project Design Sales Royalty Payment_____________________________________________________First $200 in sales each quarter = 5% of Net SalesSales above $200 and up to $500 each quarter = 8% of Net SalesSales above $500 each quarter = 10% of Net Sales"Net Sales" means total sales in US Dollars exclusive of shipping and any taxes and net of any customer returns.Royalty payments will be made to Designer within 60 days of the end of the business quarter in which the sale(s) is/are made. For example, any sales made in February will be paid within 60 days of March 31st.Royalties are paid by check mailed to the Designer's address as supplied in the Designer's Account. Checks not cashed by the Designer within 90 days of issue will be cancelled by the bank and subject to a $25 administrative fee if the Designer requests a replacement check. The Designer is responsible for maintaining a current mailing address and current e-mail address in the My Account section of Club Jameco. Failure to maintain current contact information may result in the delay, or forfeiture, of Royalty payments.Any Royalty check which is returned as undeliverable due to an outdated address in the My Account section of Club Jameco will be re-issued to the Designer within 90 days of Designer's request (administrative fees, defined herein, apply).
stupid thing about jameco is everytime I go looking on their site, they never have parts I want or need for a project, then they want to jerk you around with a minimum order, which would be easy to meet if they kept crap in stock.
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