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EXHIBIT 10.2
SALES AND MARKETING SERVICES AGREEMENT
This agreement is made as of September 1, 2000 by and between Security
Xxxxxxx.xxx (SV) and Security Associates International, Inc. (SAI) in regard to
the provision of sales and marketing services by SAI to SV. The parties hereto
agree as follows:
1. SAI will provide said services beginning September 1, 2000 at a
price of $85,000 per month.
2. SV will pay $170,000 in advance for September and October prior to
August 15, 2000.
3. This agreement will continue between the parties until the earliest of:
(i) the merger of SAI and SecurityVillage; (ii) the expiration of the Dealer
Agreement between SAI and SecurityVillage as defined in the Letter of Intent
between the parties; (iii) October 1, 2000 if the Merger Agreement between the
parties is not executed; (iv) if SAI is not able to perform the marketing
services; or (v) a date as may be mutually agreed by the parties.
4. All systems sold through SAI's marketing efforts will be owned by
SecurityVillage. SAI will retain the exclusive right to provide monitoring
services for all accounts sold at its lowest rates.
Agreed and accepted by:
/s/ Xxxxx Xxxxxxxx /s/ Xxxxx Xxxxxxx
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Security Xxxxxxx.xxx, Inc. Security Associates International, Inc.
Xxxxx Xxxxxxxx Xxxxx Xxxxxxx
President President
