GSI TECHNOLOGIES USA INC.
April 9, 2003
AGREEMENT
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GSI makes the following offer to MCSi regarding MCSi's proposals for building
digital signage networks for strategic customers.
1.- LICENSE FEE:
GSI commits to supplying licenses for the use of its Digital Media
Logistics Suite 3.0 software at the price of US$200 per license (one
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license per player and one screen per player) + 18% annually for
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maintenance and support fees (regular industry standard).
The above mentioned price is applicable to 12,500 licenses for strategic
customers (at MCSi's discretion) over the next 24 months.
2.- TOOLS
The Digital Media Administrator tool (DMA) and Digital Media Server tool
(DMS), as specified in the document of GSI Digital Media Logistics Suite
3.0, are included at no extra charge.
3.- CONDITIONS OF PAYMENT
- 33.3% of contract value upon MCSi signing a contract with a
customer.
- Remaining payments based on schedule deployment, invoiced
quarterly.
4.- TRAINING AND SERVICE
Included in the above mentioned price and fees:
- Training on the use of Digital Media Logistics Suite 3.0 for a
team of MCSi staff at the company's headquaters.
- Standard Level 3 support.
5.- ADDITIONAL WORK NOT ITEMIZED IN THE AGREEMENT
This agreement is for delivery of GSI's Digital Media Logistics Suite 3.0
to MCSi.
Any additional work will be billed at US$1,000 per day, e.g.:
- Customization of the license and development of a specific
solution for any customer.
- Or any additional work directly with the end-users, at the
request of MCSi.
1
GSI TECHNOLOGIES USA INC.
000 XX-XXXXXXX XXXX, XXXXX 000, XXXXXXXX, XXXXXX, XXXXXX, X0X 0X0 TEL (514)
282-9292 FAX (000) 000-0000
XXX.XXXXXXXXXX.XXX
6.- COMMITMENT
GSI guarantees the above-mentioned price based on MCSi's guidance for up to
12,500 units for any customer. If the total quantity of licenses were to be
above 12,500, the price per license would then be subject to negotiation
based on the regular market price charged by GSI (or another price
negotiated and agreed upon by GSI and MCSi).
7.- VALIDITY OF AGREEMENT
This offer is valid for a total of 12,500 licences for MCSi customers, at
MCSi's discretion, for the next 24 months, starting April 15, 2003 until
April 14, 2005.
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J.-Xxxxxx xx Xxxxxxxx Xxxx X. Xxxxxxxxxx
Product, sales and marketing Manager Vice President of Technology
GSI Technologies USA inc. Digital Signage Group
MCSi
N.B. THIS VERSION REPLACES THE ONE REVISED, AGREED UPON AND INITIALIZED BY
BOTH PARTIES AT NAB 2003 IN LAS VEGAS.
2
GSI TECHNOLOGIES USA INC.
000 XX-XXXXXXX XXXX, XXXXX 000, XXXXXXXX, XXXXXX, XXXXXX, X0X 0X0 TEL (514)
282-9292 FAX (000) 000-0000
XXX.XXXXXXXXXX.XXX
