July 24, 1998
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Heads of Agreement
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The purpose of this document is to outline a working heads of
agreement between Jyra Research Inc [Jyra] and Siemens Nixdorf
Informationssysteme AG , Switzerland [SNI] - Business Unit Network Systems.
SNI will resell and support the Jyra service Management Architecture
products. This will entail full support to SNI customers in Switzerland
SNI will receive 40% discount on all software product including
software upgrades. No discount will apply to Consultancy and training.
Discounts will be made from the published European list price.
SNI will be able to demonstrate the Jyra product and will purchase
demonstration software at 55% discount, limited to one system per SNI office.
Jyra will provide initial training to sales and technical personnel ,
up to five days, free of charge Thereafter courses will be charged at normal
rates.
Jyra will provide support to SNI by fax, telephone and e-mail during
the standard working days between 09.00 and 18.00. GMT
After an initial period of 3 months Siemens will provide a short
business plan detailing the expected business opportunity for the following
year.
This agreement will be reviewed in 6 months time, thereafter it will
automatically be renewed on a yearly basis. Three months notice is required by
either party to terminate the agreement.
Signed on behalf of Jyra Research Inc
By: /s/ Xxxx Xxxxxxxx
______________________
Mr Xxxx Xxxxxxxx
Chief Executive
Signed on behalf of SNI
By: /s/ Xxx Xxxx
Xx Xxx Xxxx
73
