RETAIL SALES AGREEMENT
Exhibit
10.48
This
Retail Sales Agreement, dated December 20, 2006 is between Arizona Fuel
Distributors, L.L.C., (the “Supplier”) and Xxxxxx Travel Centers, Inc. (the
“Retailer”).
Agreements:
1.
Introduction.
Supplier has the right to sell gasoline and diesel fuels (hereafter referred
to
as “Motor Fuels”) for resale under the trade or brand names of Mobil (“Mobil).
Retailer desires to enter into this agreement in order to obtain the right
to
sell such Motor Fuels under the Mobil Trade and brand names (hereinafter
referred to as the “Proprietary Marks”). Retailer has independently investigated
the business risks involved herein and such other matters as Retailer deems
important and has not relied on any representation not set forth
herein.
2.
Sale.
Supplier agrees to sell and deliver or cause to be delivered, and Retailer
agrees to buy, receive and pay for Motor Fuels of the kind, grade, brand
and
quality generally sold by Supplier within 7 days of delivery, for resale
at
Retailer’s place of business located at: 00000 Xxxx Xxxxxx Xxxxxxxx, Xxxxxxx, XX
00000 (hereinafter referred to as the “Retail Location”). During the term
hereof, Retailer shall not purchase or sell Motor Fuels at the Retail Location
other than those purchased from Supplier pursuant hereto.
3.
Term.
The
term of the Agreement is ten years from commencement date and shall continue
on
a month to month basis unless terminated by the Retailer. Retailer may terminate
this Agreement after the term has expired by giving thirty days advance written
notice to the supplier. Commencement date is the day on which retailer receives
his first delivery of Mobil Motor Fuel from Arizona Fuel Distributors,
L.L.C.
4.
Prices.
Prices
for all Motor Fuels sold to Retailer hereunder shall be Supplier’s published
applicable price in effect on the date of delivery. Such prices may be obtained
by contacting Supplier. All prices are subject to change without notice.
All
deliveries shall be invoiced and paid on Net 10 days via EFT, subject to
credit
approval.
5.
Proprietary
Marks.
Retailer shall sell the Motor Fuels only under the Mobil Proprietary Marks
and
shall have the right to use such Proprietary Marks as are designated by
Supplier, but only for the purpose of properly identifying and advertising
Motor
Fuels handled by Retailer, and in a manner and form satisfactory to Supplier
in
Supplier’s sole judgment.
Retailer
will not allow or permit any of the Motor Fuels to be sold which are mislabeled,
misbranded or contaminated by mixture or adulteration with each other or
with
any other material or motor fuel. Retailer will not commingle any substance
with
Motor Fuel and then sell it as a Motor Fuel. Retailer will not allow or permit
the sale of any product or Motor Fuel under any Proprietary Xxxx which is
not a
Mobil brand product or Motor Fuel, or which is a grade of Mobil brand product
or
Motor Fuel other than described by the label or designation; nor will Retailer
use the Proprietary Marks in a manner which deceives or causes a likelihood
of
confusion to the motoring public. Retailer will allow Supplier, its employees,
agents or designees, to enter the Retail Location at any time during normal
business hours of Retailer to obtain such samples, or conduct such tests
or
inspections as may, in Supplier’s judgment, be reasonably required to determine
that Retailer is complying with the aforesaid obligations. Retailer shall
cooperate with Supplier in any investigation or any alleged violations of
such
obligations.
Retailer
agrees to submit a monthly Certification Statement showing inventories,
deliveries, and meter readings to verify that all Motor Fuels sold at Retailers
location under the Proprietary Marks was in fact purchased from Arizona Fuel
Distributors, L.L.C. This Certification Statement will be completed and mailed
to Arizona Fuel Distributors, L.L.C. by the 15th
of the
following month.
6.
Environmental
Compliance.
(A)
Retailer represents and warrants that all of its equipment used for storage
and
handling of motor fuels meets applicable regulations including, but not limited
to, federal and state environmental leak detention requirements and standards,
and is capable of safely handling motor fuels without leaking. Retailer agrees
that it will undertake its best efforts to ensure that equipment used for
storage and handling of motor fuels meets all applicable regulations and
that
its employees will institute inventory controls substantially similar to
those
set forth below. Supplier shall have the right to make periodic assessments
of
Retailer’s facilities for the purpose of evaluating their capabilities to safely
use, handle and store Suppliers motor fuels.
(B)
Retailer understands and acknowledges that the leakage of motor fuels from
storage tanks is a concern and that operators of retail facilities where
motor
fuels are stored must take diligent and continual precautions to discover
and
stop any such leakage. Retailer agrees to keep and reconcile inventory records
to indicate motor fuel losses. These records shall be maintained for each
operating day and shall include the following information for each grade
of type
of motor fuel:
(1)
opening physical inventory, (2) sales, (3) fuel used other than sold, (4)
receipts, (5) closing Physical inventory, and (6) variation (over or under).
Retailer shall keep all records of purchases and sales including, but not
limited to, sales tax records, product invoices and bills of
lading.
(C)
Retailer shall comply with the Federal Inventory Program.
(D) Retailer
agrees to inspect motor fuel storage and handling facilities and surrounding
areas at least once a week for indication of possible leakage. This inspection
should include, but is not limited to the following areas: (1) around and
under
fuel dispensers, (2) inside remote pump access boxes, (3) inside fuel fill
boxes, (4) storage tank diked areas, (5) transport truck loading and unloading
areas, (6) pumps and piping, and (7) low areas, such as sumps, hillsides
or
culverts.
(E)
The inventory controls required by this Section 6 shall apply to all equipment
used for storage and handling of motor fuels, regardless of legal title to
the
equipment. Retailer further agrees that it shall not list Supplier as the
registered owner of any storage tank with any governmental agency without
the
prior written consent of Supplier.
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(F)
Pollution control will be maintained by Retailer in connection with all
operations by it. Retailer shall immediately report any spill or release
as
required by any federal, state, or local law.
(G)
Retailer shall cooperate with Supplier to facilitate the dissemination of
any
environmental, health and safety information from Supplier to all persons
whom
Retailer can reasonably foresee may be exposed to possible hazards from the
products sold under this prescribed by Supplier, including but not limited
to
Material Safety Sheets, dispenser decals, portable container labels, fueling
area signs, and information leaflets.
7.
Termination.
In
addition to any other rights of termination which Supplier may have, upon
the
occurrence of any of the following events, which events the parties agree
are
both reasonable and of material significance to the relationship hereunder,
or
upon such other grounds as are allowed under the Petroleum Marketing Practices
Act, 15 U.S.C. Section 2801, et seq., as amended from time, Supplier may
terminate this Agreement:
(A) If
retailer fails to observe Supplier’s reasonable rules, regulations, and
requirements set forth in this agreement in effect at the delivery point
at
which delivery is made;
(B)
Upon default in the payment of any sum when due hereunder in the event any
such
payment is not made when due, Supplier may also at its option suspend making
all
further deliveries of all Motor Fuels until Retailer’s indebtedness is paid in
full. The right to suspend deliveries does not operate as a waiver of Supplier’s
right of termination for Retailer’s failure to pay for Motor Fuel when due and
the obligation to pay for Motor Fuel delivered shall not be subject to offset
for any claims against Supplier except for non-delivery of Motor Fuel billed
to
Retailer;
(C)
If Retailer, its employees, agents or invitees, violate the covenants of
or fail
to comply with any of the provisions of Paragraph 6, Environmental
Compliance;
(D)
If Retailer violated or fails to comply with the minimum standards as required
by the provisions of Paragraph 9, Minimum Standards;
(E)
If Retailer fails to take reasonable action to satisfy customer complaints
as
set forth in Paragraph 11, Customer Complaints;
(F)
If Retailer fails to comply with any applicable laws, ordinances, regulations,
judicial or administrative orders, or other legal requirements of all
governmental authorities, federal, state, municipal or other authority,
pertaining to this Agreement and the loading, unloading, storage, transportation
and sale of petroleum products. Termination of agreement cannot occur if
Retailer is in litigation, contesting or appealing such failure of compliance
in
good faith;
(G) If
Retailer fails to maintain the quality integrity of Mobil brand Motor Fuels
as
set forth in Paragraph 5, Proprietary Marks;
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(H)
Retailer shall not sell, assign, give, grant, devise or otherwise dispose
of
Retailer’s interests in this Agreement, without the prior written approval of
Supplier; Supplier’s written approval shall not be unreasonably withheld or
delayed.
(I)
If bankruptcy or insolvency proceedings are begun by or against Retailer
under
the Bankruptcy Code or if Retailer becomes insolvent;
(J)
Upon any breach of any of the terms, covenants, warranties, agreements or
conditions of the Agreement or any other agreement that may be in effect
between
the parties pertaining to this facility;
(K)
If retailer makes or furnishes any false or misleading statement, or if Retailer
fails to disclose information to Supplier, its agents or employees, concerning
any material fact for the purpose of inducing Supplier to make any payment,
to
deliver Motor Fuels, to extend or continue to extend or increase credit or
to
issue any credit memorandum to Retailer or to any other party acting in concert
with Retailer;
(L)
If the Retailer fails to comply with the provisions of Paragraph 19, Health
and
Safety Information;
Retailer
shall not suffer, permit or allow the occurrence of any of the events enumerated
in Subparagraphs (A) through (L) above. The occurrence of any of the events
enumerated in Subparagraphs (A) through (L) above of this Termination Paragraph
shall constitute a failure by Retailer to comply with a provision of this
Agreement which is both reasonable and of material significance to the
relationship between Supplier and Retailer and shall constitute good cause
to
cancel or terminate this Agreement as the term “good cause” or any similar term
is or may be used in any federal or state statute effecting the rights of
the
parties to terminate this Agreement. Supplier’s rights of termination for good
cause as defined above shall not in any way be affected by any previous waiver,
forbearance or course of dealing.
8.
Market
Withdrawal.
In the
event Supplier elects to withdraw from the marketing of Motor Fuels in the
area
of the Retail Location, pursuant to the provisions of the Petroleum Marketing
Practices Act, 15 U.S.C. Section 2801, et. Seq., as the same may be amended
from
time to time, Supplier may terminate this Agreement at any time without further
liability upon one hundred eighty (180) days written notice thereof to Retailer
may, at any time thereafter, terminate this Agreement prior to the expiration
of
such 180-day period effective upon delivery of written notice thereof to
Supplier.
9.
Mobil Identification and Minimum Standards.
It is
understood and agreed by Retailer that Supplier does not control the signs,
brands, trademarks, or trade name Mobil has the right to disallow the use
of the
name Mobil or sale of its products if the retail facilities which Retailer
operates do not comply with the provisions hereunder.
4
Retailer
recognizes that it is in the interest of the parties to this Agreement for
Retailer to affirmatively conduct its business to reflect favorably on the
parties and to further promote public acceptance of Mobil Motor Fuels and
its
trademarks, brand names and trade dress (collectively
“Identification”).
Retailer
shall have the right to use certain Identification of Mobil, but only for
the
purpose of properly identifying and advertising Mobil brand Motor Fuels handled
by Retailer through Mobil-branded retail outlets and in a manner and form
satisfactory to Supplier and Mobil in Suppliers or Mobil's sole judgment.
Retailer agrees not to claim any right, title or interest in the Identification
of Mobil or the Supplier. Retailer shall not use the word “Mobil" in the name of
any corporation, partnership or other legal entity. Retailer shall not use
the
Mobil trademark or the word “Mobil" in Retailers trade style if such use is
likely to create the impression that Retailers business is owned or operated
by
Mobil and/or Supplier or its affiliates.
(A)
The Retail Location
The
Retail Location, including building, restrooms, driveways, grass or planting
areas, and storage areas shall be maintained inside and out in a clean and
orderly appearance.
(B)
Equipment
The
Retail Location shall be equipped to provide services comparable with
competitive outlets of similar types, age, and style. All dispensers which
dispense Motor Fuels shall be properly identified with such product decals
as
are designated by Supplier and other decals which may be required by applicable
laws, rules and regulations. All signs, logos, and other identification will
be
kept clean, in good repair and painted where required according to Supplier’s
specifications.
(C)
Personnel and Services
Retailer
and Retailer’s employees will at all times present a good personal appearance,
observe clean, neat and safe working habits; render prompt, courteous and
honest
service to customers; and will take reasonable action to promote the Proprietary
Marks and the Mobil brand products they sell.
10. Taxes.
Retailer assumes responsibility for the payment of all federal, state and
local
taxes, licenses, fees and/or duties imposed on the payments due hereunder
or on
the Retail Location, including but not limited to: gross receipts taxes,
occupation taxes, motor fuel taxes, sales and use taxes, franchise taxes,
if
any, income taxes, ad valorem taxes, property taxes, inspection fees, license
fees, and all other taxes, fees and licenses arising from the purchase, sale,
transfer or disposition, holding for sale, transfer or disposition,
transportation of or use of the Motor Fuels. Should any government authority
require Supplier to pay taxes, penalties, or interest which under this Agreement
are the responsibility of Retailer, Retailer agrees to reimburse Supplier
for
all amounts so paid by Supplier.
If
any
federal, state or local law authorizes Retailer to purchase Motor Fuels without
the payment of federal, state or local taxes, Retailer agrees to furnish
Supplier evidence satisfactory to Supplier of such authority. Until Retailer
presents Supplier with acceptable evidence of such authority, Supplier shall
be
entitled to xxxx Retailer for all applicable taxes.
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11.
Customer
Complaints.
Retailer will respond to any customer inquiries or complaints received by
Retailer or Supplier, in connection with any customer served by Retailer,
and
take reasonable action to correct or satisfactorily resolve each such inquiry
or
complaint.
12.
Credit
Cards.
Retailer agrees that the Retail Facility will accept and honor Mobil Credit
Cards and other credit cards or debit cards, if any, authorized by Supplier
or
Mobil at the time of sale (collectively “Credit Cards”). Supplier reserves the
right to withdraw authorization at any time, Retailer agrees to execute and
to
comply with the Mobil Retailer Credit Card Agreement, and such other agreements
between Supplier and Retailer (and any special instructions relative to credit
card transactions issued by Mobil or Supplier from time to time). Retailer
shall
be responsible for any breaches by the employees of its Retail Facility of
the
Mobil Retailer Credit Card Agreement, other such agreements, and related
instructions from Supplier. Retailer agrees to pay credit card fees and
discounts charged by Mobil. A list of the current fees is attached.
13.
Assignability.
It is
understood and agreed that this Agreement is personal to Retailer, and that
Retailer shall not sell, assign, give, grant, devise or otherwise dispose
of
Retailer’s interest in the Agreement in whole or in part, directly or
indirectly, by operation of law or otherwise to any other person or entity,
without the prior written approval of Supplier. Supplier’s written approval
shall not be unreasonably withheld or delayed. In the event Retailer is a
corporation, partnership or other business entity, this clause shall be deemed
to apply to the sale, assignment or other disposition of the ownership of
any
shares or interest in such corporation, partnership or business
entity.
14.
Independent
Status of Retailer.
This
Agreement shall not be deemed to reserve, give or grant to Supplier any right
to
manage or control the day-to-day business of Retailer and/or the Retail
Location, and neither Retailer nor its employees or agents shall be agents
or
employees of Supplier for any reason or for any purpose whatsoever. Retailer
is
and shall at all times be an independent business entity that is free to
select
its customers, purchase and sell products from sources other than Supplier
(other than Motor Fuels), set its own selling prices and terms of sale, and
generally conduct its business as it determines.
Retailer
has the sole right to hire, control, supervise and discharge its employees
and
agents, and Retailer shall have the sole right to control the performance
of and
the sole responsibility for any maintenance or automotive repair work performed
at Retailer’s place of business.
15.
De-Identification.
If
Retailer’s place of business is abandoned, unoccupied or not operated by
Retailer for a period of seven (7) consecutive days, Supplier may, at its
discretion, give Retailer a written notice to remove all Mobil identification,
including identifying Mobil colors, from Retailer’s place of business within
five (5) days of such notice. Should Retailer fail to comply with said notice,
Supplier is hereby authorized to enter upon Retailer’s place of business for the
express purpose of removing all Mobil identification, including painting
over
all Mobil identifying colors.
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16.
Governmental
Price Control.
If
Supplier’s right to charge or receive any price payable pursuant hereto, or to
revise any such price as herein provided, is restricted or prohibited by
law,
regulation or order of any governmental authority, Supplier may, from time
to
time and upon thirty (30) days prior written notice to Retailer, terminate
the
provisions of this Agreement insofar as they apply to the Motor Fuels, the
Price(s) for which are so restricted or prohibited. Upon the expiration of
the
thirty (30) days, it is understood that any such Motor Fuels shall be deemed
deleted from this Agreement, but that this Agreement shall otherwise continue
to
remain in full force and effect.
17.
Health
and Safety Information.
Retailer shall cooperate with Supplier to facilitate the dissemination of
any
health and safety information from Supplier concerning the products sold
hereunder. In that regard, upon request of Supplier, Retailer shall promptly
provide the Supplier an accurate listing of the types of uses made for products
sold hereunder by Retailer, and to provide accurate information in response
to
such requests Retailer shall make reasonable efforts to determine the uses
of
products sold hereunder by Retailer’s customers. Retailer shall also
disseminate, to all persons who Retailer can reasonably foresee may be exposed
to possible hazards from the products sold hereunder, any health and safety
information from Supplier promptly after such information is furnished to
Retailer by Supplier and in the manner prescribed by Supplier.
18.
Indemnification.
Retailer shall indemnify, hold harmless and promptly reimburse Supplier for,
from and against any and all fines, damages, legal fees, costs, expenses
and
other liabilities suffered or incurred by Supplier by reason of any claim,
demand, lawsuit tax, penalty, investigation or other proceeding (except where
Supplier’s negligence or other wrongful conduct is alleged) arising directly or
indirectly from, as a result of, or in connection with the operation, condition,
use or occupancy of the Retail Location, including, without limitation, the
handling, storage dispensing or selling of Motor Fuels from by Retailer.
Upon
Supplier’s request, Retailer shall defend Supplier against such matters. In any
event, Supplier shall have the right, through counsel of its choice, to control
any matter to the extent Supplier reasonably determines that such matter
may
have a significantly adverse effect on Supplier.
Retailer
shall also indemnify and promptly reimburse Supplier for all expenses reasonably
incurred by Supplier to protect itself from, or to remedy, any breach or
this
Agreement by Retailer. Retailer’s indemnity obligations under this Agreement
shall survive termination and shall be in addition to all other rights and
remedies of Supplier.
19.
Insurance
and Financial Guarantees.
(A)
Retailer shall maintain, at its sole cost, the insurance coverage and financial
guarantees set forth below and shall ensure that Retailer’s insurance coverage
required under this Agreement fully and adequately protects Retailer and
Supplier with respect to any activity, operation or condition of the premises
(or any liability arising therefrom) at the Retail Facility. Such insurance
policies shall be issued by companies satisfactory to Supplier with full
policy
limits applying, but not less than as stated. Prior to the Effective Date
of
this Agreement, Retailer shall provide to Supplier certificates of insurance
evidencing the insurance coverage and (1) containing a waiver of subrogation
in
favor of Supplier on Retailer’s workers’ compensation policies, and (2) naming
Supplier as and additional insured in Retailer’s Commercial General Liability or
Comprehensive General Liability and Business Automobile Liability insurance
policies. The protection provided to Supplier as an additional insured shall
be
without regard to the indemnity provisions in Section 21 and shall not be
limited. A copy of the additional insured endorsement(s) evidencing such
protection, duly issued by Purchaser’s liability carriers, shall be delivered to
Supplier with the Certificate(s) of insurance.
7
(B)
The certificates shall be issued by Retailer’s insurance carriers and shall
provide that any change restricting or reducing coverage or canceling any
policies under which certificates are issued shall not be valid as respects
Supplier’s interest until Supplier has received thirty (30) days prior written
notice of such change or cancellation. Further, the certificates shall state
that the insurance policies maintained by Retailer are primary coverage and
not
concurrent or excess over other valid insurance which may be available to
Supplier.
1.
Workers’ Compensation Insurance as required by law and regulations applicable to
and covering employees of Retailers engaged in the performance of the work
under
this Agreement.
2.
Employer’s Liability Insurance protecting Retailer against common law liability,
in the absence of statutory liability, for employee bodily injury arising
out of
the master-servant relationship with a limit of not less than $500,000.00
Disease-Each Accident, $500,00.00
Disease-policy limit, $500,000.00
Disease-Each Employee.
3.
Commercial General Liability Insurance un-amended or Comprehensive General
Liability Insurance with a Broad Form Commercial General Liability endorsement
including products/completed operations with limits of liability of not less
than $1,000,000.00
per
occurrence/aggregate. This policy shall be in the “occurrence” (and not claims
made) format and shall cover, among other risks, the contractual liability
assumed under the indemnification provision set forth in this Agreement.
Such
coverage shall also include an endorsement for Liquor Liability for those
locations engaged in the sale of alcoholic beverages.
4.
Business Automobile Liability Insurance for all operations of Retailer including
owned, non-owned and hired vehicles with limits of liability of not less
than:
Bodily Injury $1,000,000.00
per
person; $1,000,000.00
per
accident; Property Damage $1,000,000.00
or a
Combined Single Limit of $1,000,000.00
for
bodily injury and property damage.
5.
In the
event Retailer owns or operated Underground Storage Tanks Systems (as defined
in
applicable federal and state law and regulations, and hereinafter referred
to as
“UST’s”), Retailer shall comply with all applicable federal, state And local
laws, regulations and ordinances governing UST’s, including but not limited to
financial responsibility requirements contained therein for UST’s through
mechanisms including but not limited to guarantees, surety bonds, insurance
and
state reimbursement fund.
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(C)
Nothing contained in these provisions relating to overage and amounts shall
operate as a limitation of Retailer’s Liability in tort or contract under the
terms of this Agreement.
20.
Change
in Affiliation.
Retailer acknowledges that Supplier may elect to change affiliations and
sell
Motor Fuels under brand names other than Mobil. In such event Supplier shall
notify Retailer in writing of the new brand names under which Supplier is
offering Motor Fuels. Retailer shall have thirty (30) days from the date
of such
notice to cancel this Agreement by providing written notice there of to
Supplier. Retailer’s failure to provide such written notice within that time
shall be deemed as a waiver of this right to cancel. The parties agree to
execute such amendments as are reasonably necessary with regard to any such
change in affiliation.
21.
Waiver.
The
right of either party to require strict performance by the other of any/or
all
obligations imposed by the other by this Agreement shall not in any way be
affected by any previous waiver, forbearance or course of dealing.
22.
Severability.
If for
any reason any provision(s) contained in this Agreement is held to be invalid,
illegal, or otherwise void by a court of competent jurisdiction, the remaining
provisions of the Agreement shall not be affected and shall continue in full
force and effect; provided, however, that in the event Supplier loses the
right
to grant the use of the Proprietary Marks, after exhausting all reasonable
efforts to continue said rights this Agreement shall terminate upon written
notice.
23.
Approval
and Signing by Supplier.
This
Agreement shall not be binding on Supplier until approved and signed on its
behalf by a duly authorized officer or employee. Commencement of performance
hereunder prior to such approval and signing shall in no case be construed
as a
waiver by Supplier of the foregoing requirements.
24.
Entirety
of Agreement.
This
Agreement is intended by the parties to be the final, complete and exclusive
embodiment of their agreement about the matters covered herein. This Agreement
may be altered, amended, or changed in any way only by a written instrument
executed by both parties.
25.
Attorneys’
Fees.
In the
event it becomes necessary for Supplier or Retailer to institute any legal
or
equitable proceeding against the other to secure, enforce or protect its
rights
under this Agreement, the prevailing party in such proceeding shall be entitled
to recover, and the other party shall pay to the prevailing party (except
to the
extent prohibited by law), all costs of such proceeding, including, without
limitation, reasonable attorneys’ fees to be determined by the judge of the
court.
26.
Notices.
Any and
all notices required or permitted under this Agreement shall be in writing
and
shall be personally delivered or mailed by certified mail, return receipt
requested, to the respective parties at the following addresses unless and
until
a different address has been designated by written notice to the other
party.
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Notices to SUPPLIER: |
Arizona
Fuel Distributors, L.L.C.
X.X.
Xxx 00000
Xxxxxxx,
Xxxxxxx 00000-0000
Attention:
Operating Manager
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Notices to RETAILER: |
Xxxxxx
Travel Centers, Inc.
000
Xxxxxxxxx Xxxx. XX
Xxxxxxxxxxx,
Xxx Xxxxxx 00000
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Any
notice by certified mail shall be deemed to have been given at the date of
the
notice.
IN
WITNESS WHEREOF Supplier and Retailer have hereunto subscribed their
names.
WITNESS: | /s/ Xxxxx Xxxxx | Arizona Fuel Distributors, L.L.C. | |||
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By: | /s/ Xxxxx X. Xxxxx | ||||
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Xxxxx
X. Xxxxx
Operating
Manager
(Supplier)
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Date Signed: |
January
15, 2007
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WITNESS: | /s/ Xxxxxxx X. Xxxxxxx | Xxxxxx Travel Centers, Inc. | |||
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By: | /s/ Xxx Xxxxxxx | ||||
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Xxx
Xxxxxxx
Director
of Operations
(Retailer)
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Date Signed: |
January
10, 2007
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10
ADDENDUM
TO RETAIL SALES AGREEMENT
This
Addendum is to that certain Agreement dated January 10, 2007, by and between
Arizona Fuel Distributors, X.XX. (the “Supplier) and Xxxxxx Travel Centers, Inc.
(the “Retailer”). The Supplier and Retailer (the “Parties) desire to amend the
Agreement on the terms and conditions set forth in this Addendum Agreement
(the
“Agreement).
1. |
Adding
the cost calculation for the price of fuel, which is “the daily rack price
plus 1.5 cents per gallon”, hereby amends Item 4 of the
agreement.
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2. |
The
following provision is hereby added to the last paragraph of Item
5 after
the wording “…Retailer shall keep…”: “for the amount of time indicated by
governmental guidelines for such items”.
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3. |
The
last sentence of Item 13 is deleted in its
entirety.
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4. |
Item
15 is hereby amended by changing the time frame to “21 consecutive days”
and adding the phrase” Unless non-operation is due to catastrophic or
unforeseen events not within Retailer’s making or
control.”
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5. |
Item
16 is deleted in its entirety, as it is Null and
Void.
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6. |
Item
19 A. is hereby amended by deleting the phrase “containing a waiver of
subrogation in favor of Supplier on Retailer’s workers’ compensation
policies”.
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7. |
Item
19 B. add the phrase “to require notice to Supplier if Retailer changes
policy coverage”.
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IN
WITNESS WHEREOF Supplier and Retailer have hereunto subscribed their
names,
WITNESS: | Arizona Fuel Distributors, L.L.C. | ||
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/s/ Xxxxx Xxxxx | By: | /s/ Xxxxx X. Xxxxx | |
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Xxxxx
X. Xxxxx
Operating
Manager
(Supplier)
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Date Signed: | January 15, 2007 | ||
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WITNESS: | Xxxxxx Travel Centers, Inc. | ||
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/s/ Xxxxxxx X. Xxxxxxx | By: | /s/ Xxx Xxxxxxx | |
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Xxx
Xxxxxxx
Director
of Operations
(Retailer)
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Date Signed: | January 10, 2007 | ||
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11