AMENDMENT TO ADOBE VALUE INCENTIVE PLAN TERMS AND CONDITIONS

 

This VIP Marketplace Three-Year Commit Amendment (“Amendment”) to the Value Incentive Plan (“VIP” or “Program”) Membership Agreement (“Agreement”) sets forth the additional terms of your participation as a Member in the Program. This Amendment is entered into by and between Adobe (as defined in the Agreement) and Member. 

 

1. Amendment Term and Termination. Unless terminated earlier according to the terms of this Amendment, the Amendment commences on the Effective Date and ends on the End Date (the “Amendment Term”). The “Effective Date” is the date Member accepts these terms and Adobe approves this Amendment. The “End Date” is one day prior to the third Anniversary Date after the Effective Date. Notwithstanding the foregoing, if Member has a currently effective Amendment and Member accepts this Amendment within 30 days before their End Date, then the Effective Date is their next Anniversary Date. This Amendment automatically terminates if Member has not ordered the Minimum Commitment from Adobe within 7 days after the Effective Date. During the Amendment Term, Member may not terminate the Agreement pursuant to Section 1.2 of the Agreement, except upon Adobe’s uncured material breach after 30 days’ written notice.

 

2. Three Year Commit. Excluding special and promotional pricing, during the Amendment Term, (a) Adobe will offer the same price available on the Effective Date for Products to Adobe’s direct channel partner for Member, and (b) Member must auto-renew at least the Minimum Commitment on Member’s first and second Anniversary Date after the Effective Date. The “Minimum Commitment” is the quantity and type of licenses identified in the Admin Console before Member accepts this Amendment. The Minimum Commitment is displayed in your Admin Console during the Amendment Term. During the Amendment Term, Member may only return a quantity of licenses that ensures Member maintains the Minimum Commitment. The Minimum Commitment is not eligible for returns.

 

3. Increasing the Minimum Commitment.  If Member would like to increase its Minimum Commitment during the Amendment Term, then Member may re-accept these terms with the increased Minimum Commitment displayed in the Admin Console. After such re-acceptance, the increased Minimum Commitment is effective and will be displayed in the Admin Console for the remainder of the existing Amendment Term. Notwithstanding the language in Section 1 above, if Member re-accepts these terms with an increased Minimum Commitment during the Amendment Term, then the Amendment Term will not change. Member may not decrease its Minimum Commitment during the Amendment Term.

 

4. Migrating VIP 3-Year Commit Members. If Member has a current VIP 3-year commit amendment and migrates to VIP Marketplace and subsequently accepts this Amendment, then this Section 4 applies. Upon acceptance of this Amendment, (a) notwithstanding the language in Section 1 above, your End Date is the same date that your VIP 3-year commit amendment was set to expire, (b) your partner price offer will be based on your VIP 3-year Commit acceptance date, and (c) this Amendment governs for your Amendment Term. As of the Effective Date, your VIP 3-year commit amendment is superseded and replaced with this Amendment.

 

5. Account Manager. Your Account Manager is your reseller. Member may change its Account Manager during the term of the Agreement if it so chooses. For clarity, Adobe does not set the pricing that channel partners charge Member and Adobe cannot guarantee any particular discount to Member. Member’s actual license fees are determined by its Reseller.

 

6. Unless otherwise expressly defined in this Amendment, capitalized terms used in this Amendment have the same meaning set forth in the Agreement or the Program Guide. Except for the terms provided in this Amendment, all other terms and conditions of the Agreement remain in full force and effect. Any inconsistency between this Amendment and the Agreement regarding the subject matter of this Amendment shall be resolved in favor of this Amendment. This Amendment may be executed in any number of counterparts, each of which will be deemed an original, but all of which together constitute one instrument.

 

7. This Amendment is prepared and is executed in the English language only. The English language version is controlling in all respects, and any version of this Amendment in any other language, is not binding and has no effect. Further, each party agrees that signature by Member or Adobe on any non-English language version, even if there is no signature(s) on the English language version will be deemed execution of the English language version and binding on the parties. Without limiting the foregoing, if there is any conflict or inconsistency between the English language version of this Amendment and any other translated version of this Amendment, the English language version and interpretation will prevail. All communications or notices to be made or given pursuant to this Amendment and any disputes arising under this Amendment will be conducted or resolved in the English language

 

 

AMENDMENT TO ADOBE VALUE INCENTIVE PLAN TERMS AND CONDITIONS

 

This VIP Marketplace Three-Year Commit Amendment (“Amendment”) to the Value Incentive Plan (“VIP” or “Program”) Membership Agreement (“Agreement”) sets forth the additional terms of your participation as a Member in the Program. This Amendment is entered into by and between Adobe (as defined in the Agreement) and Member. 

 

1. Amendment Term and Termination. Unless terminated earlier according to the terms of this Amendment, the Amendment commences on the Effective Date and ends on the End Date (the “Amendment Term”). The “Effective Date” is the date Member accepts these terms and Adobe approves this Amendment. The “End Date” is one day prior to the third Anniversary Date after the Effective Date. Notwithstanding the foregoing, if Member has a currently effective Amendment and Member accepts this Amendment within 30 days before their End Date, then the Effective Date is their next Anniversary Date. This Amendment automatically terminates if Member has not ordered the Minimum Commitment from Adobe within 7 days after the Effective Date. During the Amendment Term, Member may not terminate the Agreement pursuant to Section 1.2 of the Agreement, except upon Adobe’s uncured material breach after 30 days’ written notice.

 

2. Three Year Commit. Excluding special and promotional pricing, during the Amendment Term, (a) Adobe will offer the same price available on the Effective Date for Products to Adobe’s direct channel partner for Member, and (b) Member must auto-renew at least the Minimum Commitment on Member’s first and second Anniversary Date after the Effective Date. The “Minimum Commitment” is the quantity and type of licenses identified in the Admin Console before Member accepts this Amendment. The Minimum Commitment is displayed in your Admin Console during the Amendment Term.  

 

3. Increasing the Minimum Commitment.  If Member would like to increase its Minimum Commitment during the Amendment Term, then Member may re-accept these terms with the increased Minimum Commitment displayed in the Admin Console. After such re-acceptance, the increased Minimum Commitment is effective and will be displayed in the Admin Console for the remainder of the existing Amendment Term. Notwithstanding the language in Section 1 above, if Member re-accepts these terms with an increased Minimum Commitment during the Amendment Term, then the Amendment Term will not change. Member may not decrease its Minimum Commitment during the Amendment Term.

 

4. Migrating VIP 3-Year Commit Members. If Member has a current VIP 3-year commit amendment and migrates to VIP Marketplace and subsequently accepts this Amendment, then this Section 4 applies. Upon acceptance of this Amendment, (a) notwithstanding the language in Section 1 above, your End Date is the same date that your VIP 3-year commit amendment was set to expire, (b) your partner price offer will be based on your VIP 3-year Commit acceptance date, and (c) this Amendment governs for your Amendment Term. As of the Effective Date, your VIP 3-year commit amendment is superseded and replaced with this Amendment.

 

5. Account Manager. Your Account Manager is your reseller. Member may change its Account Manager during the term of the Agreement if it so chooses. For clarity, Adobe does not set the pricing that channel partners charge Member and Adobe cannot guarantee any particular discount to Member. Member’s actual license fees are determined by its Reseller.

 

6. Unless otherwise expressly defined in this Amendment, capitalized terms used in this Amendment have the same meaning set forth in the Agreement or the Program Guide. Except for the terms provided in this Amendment, all other terms and conditions of the Agreement remain in full force and effect. Any inconsistency between this Amendment and the Agreement regarding the subject matter of this Amendment shall be resolved in favor of this Amendment. This Amendment may be executed in any number of counterparts, each of which will be deemed an original, but all of which together constitute one instrument.

 

7. This Amendment is prepared and is executed in the English language only. The English language version is controlling in all respects, and any version of this Amendment in any other language, is not binding and has no effect. Further, each party agrees that signature by Member or Adobe on any non-English language version, even if there is no signature(s) on the English language version will be deemed execution of the English language version and binding on the parties. Without limiting the foregoing, if there is any conflict or inconsistency between the English language version of this Amendment and any other translated version of this Amendment, the English language version and interpretation will prevail. All communications or notices to be made or given pursuant to this Amendment and any disputes arising under this Amendment will be conducted or resolved in the English language