Marketing Agreement
This agreement, hereafter referred to as the "AGREEMENT" is
entered into this the 2nd day of January 1999, between
Northland Supply Company, hereafter referred to as "NORTHLAND"
and Big Iron Rental, here after referred to as "BIG IRON".
This AGREEMENT SHALL BE FOR A PERIOD OF SEVEN YEARS FROM THE
DATE OF EXECUTION. Furthermore, BIG IRON, Inc. at its sole
discretion may renew this agreement for two consecutive seven
year terms.
NORTHLAND, a Disabled Veterans Business Enterprise (DVBE),
hereby enters into an exclusive marketing, supply and advisory
agreement with BIG IRON, Inc. Furthermore, Northland agrees to
maintain its DVBE certification within the State of California
and shall apply within 30 days from the institution of the
National Program which shall be instituted in 2000.
BIG IRON, hereby agrees to provide NORTHLAND with rental
equipment and supplies to meet the obligations Northland
enters into with its customers under the DVBE program.
Furthermore, BIG IRON agrees to provide these supplies and
services within a reasonable time and cost acceptable within
the rental and supply industry.
For providing these supplies and services, NORTHLAND hereby
agrees to pay BIG IRON the following:
95% of the gross rental revenue BIG IRON initiates
for NORTHLAND shall be paid to BIG IRON
90% of the gross profit on supplies orders BIG IRON
initiates for NORTHLAND shall be paid to BIG IRON
BIG IRON shall provide consulting services to NORTHLAND
at $250 per hour or as otherwise agreed upon.
This AGREEMENT shall be governed under the laws of The State
of California. If any portion of this AGREEMENT is found not
to be in compliance with the laws of The State of California,
the remaining portions shall remain in effect and binding.
This represents the entire AGREEMENT, any changes or
notifications must be agreed upon in writing by both parties.
/s/ Xxxxxx Xxxxxx /s/ Xx Xxxxxx
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Xxxxxx Xxxxxx Xx Xxxxxx
Owner President & CEO
Northland Rental & Supply Big Iron Rental
January 2, 1999 January 2, 1999