· Coop earning period is the 6 month period where partners earn Coop through their sales performance against the incentives’ objectives and eligibility criteria. A new earning period will overlap with a current usage period, based on 6-month cycles as shown in the figure below.
· Coop usage / claim period is the 6 month timeframe that immediately follows the “earning" period. If partners have met the eligibility criteria, then they can claim earned Coop funds for eligible marketing, business development and partner readiness activities. Partners can make Coop claims at any time during the six-month usage/claim period. Unclaimed funds are forfeited at the end of the usage period.
Note: Coop claims submitted and approved in the Platform by the approval deadline of 11:59PM PST on the 15th of each month will be sent for payment within 2-5 business days after the approval deadline.
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Article ID: 2969893 - Last Review: 25 Apr 2017 - Revision: 3