Jamba Juice 2008 Annual Report Download - page 147

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“Key Drop Deliveries” shall mean deliveries completed via key drop between the time of the Store closing (or 9:00 p.m., whichever is earlier; except
for any Store that normally has significant sales volumes after 9:00 p.m., then the time will be 10:00 p.m.) and Store opening (or 6:00 a.m., whichever
is later).
“Landed Cost” shall mean the Product cost F.O.B. origin plus inbound freight costs to Distributor’s distribution center, as may be adjusted as
provided in this Agreement, excluding early pay discounts, spoilage and other allowances.
“Month” shall mean a calendar month.
“Obsolete/Dead Inventory” shall mean Products that do not move in a sixty (60) – day period from the date of receipt by Distributor or that have been
discontinued by JJC.
“Orders” shall mean orders for Product submitted to Distributor by JJC.
“Other Distributors” shall mean other Distribution Company’s in which JJC is currently utilizing for service to its’ stores.
“Product(s)” shall mean all products purchased by JJC under this Agreement.
“Service Levels” shall mean a fraction, expressed as a percentage, whose numerator is the total number of items in an Order actually received and
whose denominator is the total number of items in an Order.
“Slow Inventory” shall mean Products that move fifteen Full Cases or less within a 30-day period.
“Stores” shall mean, individually or collectively, Company Stores and/or Franchised or Licensed Stores, as the context so permits or requires.
“Supply” or “Supplying” has the meaning given to those terms in Section 2.
“Business Day” shall be Monday – Friday, from 8am to 5pm.
“Extreme Remote Location” shall mean any store that is 300 miles or more away from any other JJC store.
“Distribution Region” shall mean JJC stores serviced by Distributor from each individual authorized FOB points in California, Arizona, Colorado,
and Texas.
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