New Business Development. Upon delivery to WorldPort of a binding executed agreement(s) establishing formal business relationships, acceptable to WorldPort, between Acquisitions, Inc. (or WorldPort) and one or more debit card/pre- paid calling card distribution networks, or one or more long distance carriers or resellers, that results in commitments to WorldPort of (a) consolidated gross revenues in excess of $700,000 per month or (b) gross margins of $50,000 per month, the Escrow Agent shall deliver to the WWC Shareholder a certificate or certificates representing 200,000 shares of WorldPort Common Stock. In the event a formal business relationship which is approved and acceptable to WorldPort's Board of Directors, with one or more debit card/pre-paid calling card distribution networks, or one or more long distance service carriers or resellers, as described above is not entered into by December 31, 1997, the Escrow Agent shall return 200,000 shares of WorldPort Common Stock to WorldPort for cancellation.
New Business Development. To attract non-local businesses to the marketplace through proactive marketing and recruitment strategies, as well as to reactively support and facilitate responses to development opportunities that approach the community.
New Business Development. The Consultant agrees to use his best efforts to identify strategic partners who can produce and distribute the Company’s products in the regions stated above. The partnership forms maybe joint ventures, licensing and other commercial arrangements.
New Business Development. The primary focus of the Dealership is to develop relationships with Public Safety Agencies, Governments and Professional End-Users in Targeted Vertical Markets who are active users within the communications market, as well as evaluate and make recommendations for enhancing MULTIVOICE sales throughout the assigned territory. The annual targeted territory growth rate will be agreed upon at the start of each calendar year. Both MULTIVOICE and Dealership will mutually agree upon the specifics of the targeted professional end-users and buying agencies within sixty (60) days of this execution of this agreement. Performance to this goal will be reviewed quarterly, with adjustments made if necessary.
New Business Development
