This contract was a verbal contract between the Security Project Manager of U.
S. Satellite and the President of Downstream, doing business as, SSI - Security
Solutions Incorporated, that was outlined and confirmed in a letter sent from
SSI to the Project Manager of U. S. Satellite. The letter was dated and
addressed to the Security Project Manager of U. S. Satellite and read:
Please have the equipment to be installed in the Osco Drug Stores #516
in Davenport, IA and #533 in Des Moines, IA sent to our affiliate in Cedar
Rapids, IA:
ASI - All Secure, Inc.
Attn: Xx. Xxxxx Xxxxx
0000 Xxxxxxx Xx. XX, Xxxxx 000
Xxxxx Xxxxxx, XX 00000
As agreed, SSI will install burglar alarm systems and CCTV monitoring
systems in each of these stores for the price of $9250 (nine thousand two
hundred fifty dollars) per store. It is understood that USSC/American Stores
will supply all equipment to be installed and that American Stores will have
each store prewired, with all necessary boxes and conduit laid prior to our
installation of these systems. If for some reason American Stores fails to
prewire said facilities, SSI, and/or its affiliates, will run the wire, lay the
conduit and install the boxes for an additional price of $1500 (one thousand
five hundred dollars) per store, for a total price of $10,750 (ten thousand
seven hundred fifty dollars) per store. SSI shall provide on sight inspection of
all stores, and USSC/American Stores shall pay SSI the agreed upon amounts for
its services within 30 days after the completion of the installation of said
systems. Thank you for allowing SSI to serve you.
Warmest Regards,
Xxxxx X. Xxxxxxxxx
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