Common use of CEC Clause in Contracts

CEC. A Kiosk containing 1-3 Customer Service Stations, any necessary peripherals for the integrated solution, including the point of sale coupon shredder and check writers, Kiosk server, networking and software/middleware. POD: A geographic marketing area containing a host computer linking 1-25 Kiosks. EXPRESSION OF INTENT: This document is only an expression of the general terms which might form the basis for a definitive agreement to be entered into between the parties. This document should, in no way, be construed as a binding agreement between the parties. If a definitive agreement incorporating the terms of this document is not completed. for whatever reason, neither party shall have any liability to the other. The exception to this being purchase orders provided between the companies to cover the development costs while the final agreement is being finalized. The target date for a signed contract is February 15, 1997. AGREED: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇. ------------------------- --------------------------- ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ 1/15/97 ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇. V.P. and General Manager President/CEO Payment Systems Division In Store Media Systems, Inc. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ [*...*] Confidential material redacted and filed separately with the Commission.

Appears in 2 contracts

Sources: Memorandum of Understanding (In Store Media Systems Inc), Memorandum of Understanding (In Store Media Systems Inc)

CEC. A Kiosk containing 1-3 Customer Service Stations, any necessary peripherals for the integrated solution, including the point of sale coupon shredder and check writers, Kiosk server, networking and software/middleware. POD: A geographic marketing area containing a host computer linking 1-25 Kiosks. EXPRESSION OF INTENT: This document is only an expression of the general terms which might form the basis for a definitive agreement to be entered into between the parties. This document should, in no way, be construed as a binding agreement between the parties. If a definitive agreement incorporating the terms of this document is not completed. for whatever reason, neither party shall have any liability to the other. The exception to this being purchase orders provided between the companies to cover the development costs while the final agreement is being finalized. The target date for a signed contract is February 15, 1997. AGREED: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇. ------------------------- --------------------------- ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ 1/15/97 ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇. V.P. and General Manager President/CEO Payment Systems Division In Store Media Systems, Inc. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ [*...*] Confidential material redacted and filed separately with the Commission.

Appears in 1 contract

Sources: Memorandum of Understanding (In Store Media Systems Inc)