Exclusive Agency Appointment Agreement Between: Portlogic Systems Inc. And AdaptMedia Inc. May 7, 2012
Exclusive Agency Appointment Agreement
Between:
And
AdaptMedia Inc.
May 7, 2012
Parties:
Portlogic Systems Inc. (“Portlogic”)
000 Xxxx Xxxxxx Xxxx, Xxxxx 0000. Xxxxxxx Xxxxxxx. X0X 0X0
AdaptMedia Inc. (“Adapt”)
000 Xxxx Xxxxxx Xxxx. 0xx Xxxxx. Xxxxxxx Xxxxxxx. X0X 0X0
Agreement:
Portlogic appoints Adapt as its exclusive out-of-home advertising agency in Canada.
Term:
This Agreement shall become effective on the Effective Date and shall continue for a term of one (1) year, unless either party terminates this Agreement for cause by submitting thirty (30) days notice in writing to the other. This Agreement may automatically renew for periods of one (1) year under the same terms if both parties agree.
Other:
This Agreement is not assignable in any way. Adapt cannot authorize others to represent themselves as Portlogic’s exclusive out-of-home advertising agency without the prior written consent of Portlogic.
The Undersigned have read and fully understand the terms and conditions of this Agreement.
ACKNOWLEDGED AND AGREED.
Portlogic System Inc.
AdaptMedia Inc.
By: /s/ Jueane Xxxxxxxx
By: /s/ Xxxxx X. Xxxxxxxx
Print Name: Jueane Xxxxxxxx
Print Name: Xxxxx X. Xxxxxxxx
Title: Chief Financial Officer
Title: President
Date:
Date:
