EXHIBIT 10.29
Six Flags Great Escape
Front Gate
AGREEMENT
THIS AGREEMENT is made as of this 1st day of April 2000, by and between
The Great Escape Theme Park, LLC, a division of Premier Parks Inc., a Delaware
corporation, having offices at X.X. Xxx 000, Xxxx Xxxxxx, XX 00000 ("The Great
Escape"), and RX Technology, a Nevada, corporation, having offices at 0000
0xx Xxxxxx, Xxxxxxxxxx, XX 00000(XX Technology).
WITNESSETH
WHEREAS, The Great Escape owns, operates or manages the theme amusement
facility which is open to the general public and known as The Great Escape and
Splashwater Kingdom (the "Park").
WHEREAS, RX Technology Inc. desires to operate a retail concession known
as RX Technology Inc. (the "Concession") to sell Digital Photographs (the
"Goods") in the Park as set forth herein:
WHEREAS, The Great Escape desires to grant RX Technology Inc. a license to
operate the Concession in the Park, subject to the terms and conditions set
forth herein.
NOW, THEREFORE in consideration of the foregoing premises and the mutual
covenants contained herein, The Great Escape and RX Technology Inc. agree as
follows:
1. TERM.
Subject to the provisions of this Agreement concerning termination,
The Great Escape grants RX Technology Inc. a license to operate the Concession
in the Park in such locations of the Park as is set forth on Exhibit A hereto
during the period of time (the "Term") commencing April 1, 2000 (the
"Commencement Date") and terminating at the end of the Park's 2002 operating
season (the "Termination Date").
2. OPERATION.
A. Hours of Operation.
RX Technology Inc. agrees to operate the Concession during the
hours and days, including Sundays and holidays, that the Park is open for
business in accordance with schedules prepared by The Great Escape which The
Great Escape may modify in The Great Escapes' sole discretion at any time on
twenty-four (24) hours notice to RX Technology Inc. and such additional hours as
are required by The Great Escape (the "Operating Hours"). RX Technology Inc.
acknowledges that The Great Escape will suffer great harm if RX Technology Inc.
breaches the agreement set forth in this subsection, the amount of which would
be difficult to determine. Therefore, RX Technology Inc. agrees to pay The Great
Escape liquidated damages of $500.00 for each Park operating day that RX
Technology Inc. opens the Concession thirty (30) minutes after the agreed
opening time of the Concession and/or closes the Concession thirty (30) minutes
before the agreed upon closing time. Upon notice thereof by The Great Escape and
such liquidated
damages amount shall be increased an additional $750.00 for each successive
violation of Park Operating Hours upon notice thereof by The Great Escape.
B. Approval of Goods/Services.
RX Technology Inc. agrees to submit samples of all products,
detailed plans, specifications, drawings and other information with respect to
Goods for sale to customers in the Park in connection with the Concession, for
The Great Escape approval in advance of sale of the same. RX Technology Inc.
agrees to make such changes to the Goods, at its sole cost and expense, as The
Great Escape shall reasonably determine. RX Technology Inc. also agrees to
coordinate with the Park in coding each of RX Technology Inc. Goods and
inputting the same in the cash register for tracking purposes. To the extent
requested by The Great Escape, RX Technology Inc. shall comply with The Great
Escape point of sale and other information systems requirements.
C. Price of Goods.
(i) RX Technology Inc. agrees to submit to The Great Escape
for its review and approval, a retail price list of all RX Technology Inc.'
Goods for sale to customers of the Park (the "Approved Price List") at least two
(2) weeks prior to Commencement Date or any proposed change in any previously
approved price list, RX Technology Inc. agrees to make changes to the Approved
Price List as The Great Escape shall reasonably request. RX Technology Inc.
shall be responsible for all costs and expenses associated with production and
printing of the Price List and any changes thereto, and such costs shall not be
deducted from Net Revenue (as hereinafter defined).
(ii) RX Technology Inc. agrees to make changes to the Approved
Price List (the "Revised Price List") at any time during the Term if the parties
mutually determine that an adjustment is appropriate. RX Technology Inc. shall
be responsible for all costs and expenses associated with production and
printing of the Revised Price List, and such costs shall not be deducted from
Net Revenue (as hereinafter defined).
(iii) RX Technology Inc. agrees that it shall not make its
Goods available to any party free of charge or at a discounted price unless RX
Technology Inc. is engaging in sampling activities approved by The Great Escape,
etc. Notwithstanding the foregoing, RX Technology Inc. agrees to offer such
discounts on its Goods as The Great Escape shall require and as The Great Escape
shall offer in locations owned by The Great Escape. RX Technology Inc. shall, at
all times, charge customers, including without limitation, family members,
employees and business associates, the price set forth on the Approved Price
List for its Goods except as otherwise expressly set forth herein.
(iv) RX Technology Inc. agrees that any merchandise/products
that are held for Guests by RX Technology Inc. must be taken to Guest Relations
at Park closing each operating day for the Guest to pick up. Failure to do so
will result in a $100.00 fine for each occurrence that The Great Escape must
retrieve product held by RX Technology Inc..
D. Methods of Sale: Payment and Return Policies.
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(i) The Goods shall be available for sale to customers of the
Park as follows: by mail, telephone order, or at point of purchase (a "Method of
Sale"). A Method of Sale shall be discontinued at the discretion of The Great
Escape.
(ii) The following forms of payment for RX Technology Inc.
Goods will be accepted: American Express, MasterCard, Visa, and Discover credit
cards (collectively, the "Credit Cards"), checks, and cash (each, a "Form of
Payment"). The Great Escape may, in its sole discretion discontinue and, if
applicable, require RX Technology Inc. to discontinue any Form of Payment for
Goods sold hereunder. Conversely, The Great Escape may, in its sole discretion,
require RX Technology Inc. to accept such additional forms of payment as may be
accepted by The Great Escape in the future; and in so doing, RX Technology Inc.
agrees to submit to such reasonable rules/restrictions with respect thereto.
Payment for the Goods shall be in accordance with the provisions of Exhibit B -
Payment/Return Agreement, which is attached hereto and incorporated herein.
E. Reports and Records.
(i) Upon commencement of RX Technology Inc.' daily operations,
RX Technology Inc. shall follow cashier procedures Exhibit B-Supplement pick up
a cash till from the Park's cash control facility, and within one (1) hour after
the close of each Park day, RX Technology Inc. shall deliver to Park's cash
control facility the following: (a) remaining cash till, (b) a daily report of
the day's operations on The Great Escape "Register Balance Form", and (c) the
day's daily gross receipts, including without limitation credit card sales
drafts, credit memos and all other materials evidencing sales transactions
during such day (collectively, the "Deposits"). Such Deposits are received
subject to audit by The Great Escape as set forth herein and The Great Escape
may correct and credit or debit RX Technology Inc. for any inaccuracies or
errors in RX Technology Inc.' computation of Deposits. The Great Escape may
refuse to accept or revoke acceptance of any Deposits, including any sales
drafts or credit adjustments, which are illegible or which fail to comply with
the terms of this Agreement, including, but not limited to, any federal or state
law.
(ii) RX Technology Inc. shall retain copies of sales drafts
and other materials evidencing sales transactions related to sale of Goods for
the Term of the Agreement from date of transaction. This Section shall survive
the termination of the Agreement.
F. Compliance with Laws.
RX Technology Inc. agrees that at all times during the Term it
shall be in compliance with all laws, rules and regulations with respect to
operation of the Concession in the Park, including, without limitation, all
environmental and employment laws, rules and regulations. RX Technology Inc.
agrees that is shall be responsible for obtaining, at its sole cost and expense,
all licensing and/or permits required in connection with operation of the
Concession in the Park.
G. Employees.
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(i) RX Technology Inc. acknowledges that it has no authority
to employ persons on behalf of The Great Escape, and no employees or agents of
RX Technology Inc. shall be deemed to be agents or employees of The Great
Escape.
(ii) Without The Great Escape prior written consent, RX
Technology Inc. shall not, until after the second anniversary of the end of the
Term, solicit for the purpose of hiring or employ, directly or indirectly, any
employee employed by, or independent contractor engaging in business with, The
Great Escape, in each case, during the Term. This subsection of the Agreement
shall survive until the second anniversary of the end of the Term.
(iii) RX Technology Inc. represents and warrants that it
shall, at its sole cost and expense, recruit, train, supervise and furnish the
services of at least {number} (#) persons to operate the, and perform services
in connection with the Concession as set forth in Exhibit C attached hereto and
incorporated herein ("RX Technology Inc.' Employees") during Operating Hours. RX
Technology Inc. acknowledges that The Great Escape will suffer great harm if RX
Technology Inc. breaches the agreement set forth in this subclause, the amount
of which would be difficult to determine. Therefore, RX Technology Inc. agrees
to pay The Great Escape liquidated damages of $250.00 for each Park operating
day that RX Technology Inc. fails to furnish the services of {number} (#)
trained persons to operate the Concession.
(iv) RX Technology Inc. shall be fully responsible for all RX
Technology Inc. Employees, including without limitation, responsibility for all
salaries and other compensation, withholding taxes, worker's compensation
insurance, union dues, if applicable, and other required payments in connection
with such employees and shall be in compliance with all laws, rules and
regulations with respect thereto.
(v) Each prospective employee of RX Technology Inc. shall
complete an employment application, the form of which must be approved by The
Great Escape, prior to beginning work in the Park.
(vi) RX Technology Inc. agrees to use best efforts to cause
its employees to attend Park training/orientation programs as may be required by
The Great Escape and comply with Park rules and regulations, including without
limitation submission to drug testing, as may be required. Pending availability
of desired Park Orientation date and time, no RX Technology Inc. employees will
be scheduled for Park orientation with out five days written notice from RX
Technology Inc..
(vii) RX Technology Inc. agrees to verify, at its sole cost
and expense, the references of RX Technology Inc.' Employees, including without
limitation, prior positions of employment, reasons for leaving prior positions,
age, education, criminal records, immigration status, and right to work in the
United States and use due diligence to determine if any of RX Technology Inc.'
Employees have provided false information or omitted significant information
with respect to their backgrounds and/or prior employment.
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(viii) RX Technology Inc. represents and warrants that it
shall not, to RX Technology Inc., knowledge, employ any person to work in the
Park who has a criminal history without The, Great Escape knowledge and approval
with respect to said employment. RX Technology Inc.' knowledge, for the purpose
described in the immediately preceding sentence, is the knowledge that RX
Technology Inc. would have known had RX Technology Inc. performed a reference
check of the type performed by The Great Escape. RX Technology Inc. acknowledges
that great harm can be suffered by The Great Escape if a RX Technology Inc.
employee is discovered to have a criminal record that could have been discovered
with a criminal history background check of the type performed by The Great
Escape with respect to all prospective employees of The Great Escape. The
parties agree that it will be difficult to determine the damages suffered by The
Great Escape in the event of RX Technology Inc.' failure to undertake such
background checks. Accordingly, the parties agree that in the evtent RX
Technology Inc. employs an individual for work in the Park for whom RX
Technology Inc. has not, prior to hiring such person, undertaken a criminal
history background check of the type performed by The Great Escape, then RX
Technology Inc. shall pay The Great Escape liquidated damages of $1,000.00 with
respect to each such employee of RX Technology Inc. regardless of whether the
background check would have revealed any evidence of criminal history.
(ix) At the request of The Great Escape, RX Technology Inc.
shall make available to The Great Escape all information obtained with respect
to its employees, including, without limitation, criminal history background
checks.
(x) RX Technology Inc. agrees to terminate employment at the
Park for any RX Technology Inc. Employee working in the Park who: (a) is
subsequently discovered to have a criminal history and, after being advised of
the same, The Great Escape does not approve said employment, (b) fails to comply
with Park rules or (c) made material misstatements or omissions on their
employment application. RX Technology Inc. agrees to indemnify The Great Escape
from and against any claims by RX Technology Inc.' Employees arising from or
related to such dismissals.
(xi) The Great Escape agrees that RX Technology Inc. may offer
RX Technology Inc.' Employees discounts on Park admission and food/merchandise
at the Park that The Great Escape offers its employees in accordance with Park
policy.
(xii) RX Technology Inc. has the option to provide costumes
for RX Technology Inc.'s employees. The Great Escape will approve the costumes
provided by RX Technology Inc.. RX Technology Inc. is to submit costume to The
Great Escape for approval no later then four weeks prior to Park Opening
(`Commencement Date"). RX Technology Inc. also has the option to purchase park
approved costumes from The Great Escape for {Lessee names}`s employees. Park
shoes worn by RX Technology Inc. are to be within The Great Escape guidelines.
All costume charges will be deducted from RX Technology Inc. weekly Net revenue.
It will be the responsibility of RX Technology Inc. to collect costume charges
from RX Technology Inc. employees.
3. FACILITY.
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A. Rights/Responsibilities.
(i) In connection with RX Technology Inc.' operation and
management of the Concession. The Great Escape agrees that RX Technology Inc.
shall be entitled use of and/or access to: (a) the facility at which the
Concession is operated (the "Facility"), (b) adjacent portions of the Facility,
as may be necessary for the operation and maintenance of the Concession, and (c)
common ways and areas within the Park for incinerator or trash purposes, loading
and unloading supplies and installation, repair and maintenance of Equipment
and/or other elements related to the Concession.
(ii) The Great Escape will be responsible for plumbing, and
electrical expenses related to the operation of the Concession in the Facility.
RX Technology Inc. will be responsible for all telephone call charges and photo
copy charges. The Great Escape also agrees to provide the following: entry to
the Park for RX Technology Inc.' Employees in the performance of their duties,
and access to the Park employee parking areas on a first-come, first-serve basis
to be used in the performance of their duties.
(iii) RX Technology Inc. will be responsible for cleaning the
Facility and surrounding area and removing trash from said areas, the regular
maintenance of the Facility, including the replacement of light bulbs, tubes and
ballasts related to the operation of the Concession in the Facility.
B. Construction.
(i) Prior to the construction of the Facility in the Park at
which the Concession is operated, RX Technology Inc. will submit its plans to
the Park for approval. These plans will include exterior and interior finishes
as well as RX Technology Inc.' proposed signage. RX Technology Inc. will design
the exterior and interior of the Facility and the signage so that they will be
consistent with the theme of the area of the Park in which the Facility is
located and The Great Escape design requirements policy (the "Design Policy") (a
copy of the Design Policy in effect as of the date hereof is attached hereto and
incorporated herein), as The Great Escape may amend from time to time upon
notice to RX Technology Inc..
(ii) RX Technology Inc. agrees to obtain all permits.
consents, approvals and clearances with respect to any construction contemplated
hereunder and comply with all laws, rules and regulations with respect thereto,
including The Great Escape Maintenance Department rules, and shall secure The
Great Escape prior approval with respect to the following: (a) contractors,
subcontractors, designers, architects and materialmen which will perform work or
services or supply materials in connection with the construction of the
Facility, (b) dates of commencement and completion with respect to each phase of
the construction of the Facility and (c) agreements with all contractors,
subcontractors, designers, architects and materialmen. RX Technology Inc. shall
only enter into construction agreements hereunder which permit assignment to The
Great Escape and its affiliates. All construction hereunder shall be made in a
good and workmanlike manner.
(iii) The Great Escape shall have the right, but not the
obligation, to test and inspect the construction of the Facility. RX Technology
Inc. agrees, at its sole cost and expense, to remedy any problems with the
Facility, upon The Great Escape request, including without
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limiting the foregoing, problems associated with defective design, engineering,
workmanship, failure of factory construction, materials or any component parts.
(iv) RX Technology Inc. shall not place, maintain, or permit
to be placed or maintained on any exterior portion of the Facility or on the
interior side of or immediately adjacent to any glass door, wall or window of
said Facility, or otherwise display outside said Facility in the confines of the
Park, any signs, advertisements, lettering, trade, brand or service name, xxxx
or logo, neon lights, flood lights, colored lights, flashing lights or other
exterior lighting without prior written consent of The Great Escape, which
consent may be granted or withheld in the absolute discretion of The Great
Escape. RX Technology Inc. shall not use in, on or about said Facility, or
elsewhere in the Park, any sound producing or reproduction equipment audible
inside or outside said Facility, without the prior written consent of The Great
Escape.
C. Alterations.
Upon approval by RX Technology Inc, in writing, The Great
Escape shall have the right, but not the obligation, to make alterations,
modifications, additions, improvements or updates, at RX Technology Inc.' sole
cost and expense, to the Facility and/or the Equipment, as hereinafter defined
(collectively, the "Alterations"); provided, however, that RX Technology Inc.
shall have been deemed to approve Alterations if: (i) the Alterations are
reasonably required by The Great Escape: (a) for safety, quality or financial
control reasons, or (b) if new technology and improvements are made to the same
type of Facility and/or Equipment in the industry and/or (ii) required by any
applicable laws, rules or regulations. All such Alterations shall be made in a
good and workmanlike manner. RX Technology Inc. agrees to pay The Great Escape
for the reasonable cost of such Alterations within thirty (30) days of receipt
of an invoice therefor.
(i) RX Technology Inc. agrees to make alterations,
modifications, additions, improvements or updates, at its sole cost and expense
(including any necessary design and engineering expenses), to the Facility
and/or the Equipment, as shall be mutually agreed to by the parties and in
accordance with the Design Policy.
(ii) RX Technology Inc. covenants that it will not make, or
suffer or permit to be made, any Alterations in, on, or to the Facility and/or
the Equipment without first: (a) notifying The Great Escape in writing
sufficiently in advance of the commencement thereof to enable The Great Escape
to post or record or both, appropriate and effective notices of
non-responsibility, (b) obtaining the written consent of The Great Escape
thereto, which consent The Great Escape shall not unreasonably withhold provided
that the proposed Alterations are of high quality and in harmony with the
overall design and appearance of the Park, and necessary to operate the
Concession in a safe and efficient manner, (c) obtaining the written approval of
The Great Escape as to all contractors, subcontractors, and materialmen who will
perform work or services or supply materials in connection therewith and (d)
obtaining the written consent of The Great Escape with respect to the proposed
commencement and completion date of such Alterations.
D. Maintenance and Repair.
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RX Technology Inc. agrees to properly maintain and keep in
good repair and condition, the Facility and/or the Equipment, at its sole cost
and expense. The Facility and/or the Equipment shall be maintained in keeping
with the themeing and overall aesthetics of the Park. In the event any portion
of the Facility and/or the Equipment is inoperative or a component thereof has
failed or is defective, RX Technology Inc. shall repair the same no later than
seventy-two (72) hours of RX Technology Inc.' knowledge of the same or, in the
case of Equipment, RX Technology Inc. shall secure comparable equipment (the
"Replacement Equipment") and deliver the same to the Park until such time as the
Equipment is repaired. Failure of RX Technology Inc. to comply with the
provisions of this subsection shall constitute default hereunder.
E. Relocation.
RX Technology Inc. agrees that The Great Escape shall have the
right to relocate RX Technology Inc. to another Facility in the Park, for any
reason, provided that The Great Escape agrees to exercise reasonable care to
minimize interference in or to RX Technology Inc.' operations.
F. Ownership.
(i) It is understood and agreed that the Facility and the
improvements thereto, whether made by RX Technology Inc. or The Great Escape
hereunder, shall remain the property of The Great Escape including the
trademarks and other indicia of The Great Escape, including an Alternate Name
(hereinafter defined) ("The Great Escape' Trademarks") and the trademarks of The
Great Escape affiliates, including Warner Bros. and DC Comics ("Affiliates'
Trademarks") shall be the property of The Great Escape and its affiliates and in
the event of expiration or termination hereunder The Great Escape Trademarks and
its Affiliates' Trademarks shall be removed therefrom and returned to The Great
Escape at RX Technology Inc.' sole cost and expense.
(ii) It is further understood and agreed that the improvements
thereto, whether made by RX Technology Inc. or The Great Escape hereunder, shall
remain the property of The Great Escape.
G. Interference with Parks Operations.
RX Technology Inc. understands that this Agreement may not be
asserted to affect or impede The Great Escape normal Park operations, including
without limitation, upgrading Park equipment, building and/or facilities,
buying/selling Park games or attractions, entering into agreements with other
parties or locating or changing other facilities, equipment, walkways or signage
into or surrounding the Facility, each without the consent of RX Technology
Inc. RX Technology Inc. shall have no exclusive rights with respect to the
operation of concessions in the Park similar in nature or type to the
Concession.
4. EQUIPMENT.
A. Description.
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(i) RX Technology Inc. agrees to provide, at its sole cost and
expense, all equipment, supplies, furnishings, displays, and other signage, cash
registers, and any other materials necessary to operate the Concession (the
"Equipment"). Notwithstanding the foregoing, RX Technology Inc. agrees that it
shall use only The Great Escape provided credit card processing equipment
(collectively, "Six Flags' Equipment"), as appropriate, for all transactions
and, in consideration therefore, RX Technology Inc. shall pay The Great Escape
no later than thirty (30) days of receipt of an invoice therefore.
B. Delivery, Installation and Removal.
(i) RX Technology Inc. agrees that it shall be responsible for
the shipment, installation and, promptly following the end of the Term, the
removal, of the Equipment, including parts therefor and/or Replacement Equipment
(as hereinafter defined), at its sole cost and expense. RX Technology Inc.
agrees to coordinate with The Great Escape with respect to the dates and times
of shipment and installation of the Equipment, Replacement Equipment and/or
parts therefor.
(ii) The Great Escape shall have the right, but not the
obligation, to test and inspect the Equipment and the installation and operation
of the Equipment during the Term. RX Technology Inc. agrees, at its sole cost
and expense, to remedy any problems with the Equipment and installation thereof,
upon The Great Escape request, including without limiting the foregoing,
problems associated with defective design, engineering, workmanship, failure of
factory construction, materials or any component parts.
C. Additional Equipment.
RX Technology Inc. agrees to install and/or supply additional
Equipment as determined by mutual agreement of the parties, at no additional
cost to The Great Escape.
5. PAYMENT TO RX Technology Inc..
A. RX Technology Inc. shall collect, record and submit the Deposits
of the Concession to The Great Escape and The Great Escape shall pay RX
Technology Inc. the following share of Net Revenues (as hereinafter defined)
during each operating season of the Term as follows:
Year RX Technology Inc. % of Net Revenue
---- -----------------------------------
2000 62%
2001 62%
2002 62%
B. "Net Revenue" means gross revenue of the Concession during the
applicable period less the sales tax paid or payable in respect thereto or
otherwise paid. RX Technology Inc. agrees that The Great Escape shall have the
right to deduct the following from RX Technology Inc.'
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share of the Net Revenue: (i) cash shortages, (ii) credit card, check processing
and other transaction costs and charges, including charge backs and return check
amounts and fees related thereto, (iii) the cost of goods taken from The Great
Escape warehouse, to the extent permitted by The Great Escape, or otherwise and
not paid for, (iv) the cost of leased Park equipment, if any, each during the
applicable period, (v) hereof, and (vi) the cost of any xxxx or charge which is
the basis or which may be the basis for a lien against the Facility as set forth
in more detail in Section 9 (vi) hereof.
C. RX Technology Inc.' share of the Net Revenue will be calculated
at the end of the week. For payment purposes, a week shall be defined as the
seven (7) day period beginning Monday and ending on and including Sunday.
Payments shall be directed as set forth in this Agreement or as RX Technology
Inc. may otherwise direct in writing and shall be payable seven (7) days from
The Great Escape calculation thereof. The Great Escape shall have no further
monetary liability or obligation to RX Technology Inc.. Payments shall be made
to RX Technology Inc. at the address indicated in the first paragraph of this
Agreement or otherwise as requested in writing by RX Technology Inc..
D. Notwithstanding The Great Escape deduction of sales tax from Net
Revenue, RX Technology Inc. represents and warrants that all payments by The
Great Escape to RX Technology Inc. of RX Technology Inc.' share of Net Revenue
hereunder are exempt from any United States federal, state and local taxes or
other assessments, including any withholding taxes. RX Technology Inc. shall be
solely responsible for, and shall pay when due, assessments arising from or in
connection with the receipt by RX Technology Inc. of such Net Revenue.
6. AUDIT RIGHTS.
Until all claims and rights of The Great Escape shall have been
fully ascertained, fixed and paid RX Technology Inc. shall maintain, in
accordance with generally accepted accounting principles, separate and accurate
records of the gross receipts of the Concession at the Park showing in detail
all business transacted by RX Technology Inc.. The Great Escape shall have the
right, at all reasonable times, to examine and inspect such records as well as
any other business records of RX Technology Inc. pertaining to the operation of
the Concession. This Section shall survive the termination of this Agreement.
7. CHANGE IN FINANCIAL CONDITION.
RX Technology Inc. agrees to notify The Great Escape promptly of any
significant/material change in its financial condition.
8. TRADEMARKS.
A. RX Technology Inc. hereby grants The Great Escape the
non-exclusive royalty-free right and license to use RX Technology Inc.'
trademarks, trade names, service marks, logos and symbols. ("RX Technology Inc.'
Trademarks") for the Term of the Agreement in connection with the Concession in
the Park. RX Technology Inc.' Trademarks are and shall remain RX Technology
Inc.' sole and exclusive property. The Great Escape agrees to include a
trademark
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symbol (TM) on the first and most prominent reference to RX Technology Inc.'
Trademarks and a protective trademark legend in materials as shall be required
by RX Technology Inc. hereunder.
B. The Great Escape reserves the right to create an alternate name
and/or logo (collectively, the "Alternate Name") for the Concession. The Great
Escape shall own all right, title and interest in and to such Alternate Name,
and all goodwill with respect thereto shall inure to the benefit of The Great
Escape. RX Technology Inc. agrees that any Alternate Name shall be the exclusive
property of The Great Escape.
C. The Great Escape Trademarks are and shall remain the sole and
exclusive property of The Great Escape, and Affiliates' Trademarks are and shall
remain the sole and exclusive property of The Great Escape affiliates, and RX
Technology Inc. shall not use nor permit others to use The Great Escape
Trademarks, including the Alternate Name, and Affiliates' Trademarks for any
purpose without the prior written consent of The Great Escape nor do anything
which could in any way conflict with The Great Escape or its affiliates' use or
ownership of such trademarks.
9. REPRESENTATIONS AND WARRANTIES: ADDITIONAL COVENANTS.
RX Technology Inc. represents and warrants that:
(i) RX Technology Inc. is, and will during the term of this
Agreement be, solvent and able to meet its obligations hereunder as and when
they become due:
(ii) RX Technology Inc. shall not use, or suffer or permit any
person or persons to use, the Equipment and/or Facility for any purpose other
than as set forth herein without the prior written consent of The Great Escape,
or in any unlawful manner or for any unlawful purpose:
(iii) RX Technology Inc. shall comply with, and use its best
efforts to cause its agents and employees to comply with all rules and
regulations of the Park as may be in effect from time to time, RX Technology
Inc. confirms that it has been provided with a copy of the rules and regulations
of the Park;
(iv) RX Technology Inc. will not offer or provide any Goods in
or from the Concession or elsewhere in the Park, without the prior express
written authorization of The Great Escape. Any uncertainty with respect to the
Goods which RX Technology Inc, is authorized to offer or provide shall be
resolved in the manner which most limits and restricts RX Technology Inc.'
authority, and any reasonable interpretation of such authority by The Great
Escape shall be binding upon RX Technology Inc.;
(v) RX Technology Inc. shall maintain, at its sole cost and
expense during the Term of this Agreement, a valid business license and any
other necessary permits or licenses and shall provide proof of same to The Great
Escape;
(vi) RX Technology Inc. shall promptly pay all bills and
charges relating to the Concession in the Park, including any Alterations to the
Equipment and/or the Facility, and shall protect and indemnify The Great Escape
and the Park against all such bills and charges and
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liens relating thereto. In the event that RX Technology Inc. desires to contest
any xxxx or charge which is the basis or which may be the basis for a lien
against the Facility constituting the Concession or the Park or both, RX
Technology Inc. shall, within five (5) days of notice therefor; obtain a bond
of, or deposit collateral with, a responsible corporate surety or depository to
protect against any such lien in the amount of any such xxxx estimated costs and
expenses, including without limitation, attorney's fees and interest. If RX
Technology Inc. fails to post such bond or collateral within the aforementioned
time period, The Great Escape may, without prejudice to any other right or
remedy of The Great Escape herein have the option to: (a) pay any such claim,
xxxx or charge on RX Technology Inc.' behalf, and RX Technology Inc. shall
reimburse The Great Escape on demand for the amount of any such payment or (b)
have the right to set off the amount of said claim, xxxx or charge from the
portion of RX Technology Inc.' Net Revenue due hereunder. Should any claim or
lien be filed or recorded affecting the Facility or the Park or both, or should
any action affecting the title thereto be commenced, RX Technology Inc. shall
give The Great Escape written notice thereof promptly after the same becomes
known to RX Technology Inc., and RX Technology Inc. shall thereafter remedy the
same with respect to the Facility or the Park or both:
(vii) RX Technology Inc.' Trademarks and/or any advertising,
promotion or publicity materials supplied The Great Escape by RX Technology Inc.
hereunder will not violate, infringe upon or give rise to any adverse claim with
respect to any common law or other right whatsoever including, without
limitation, any copyright, trademark, service xxxx, right of privacy or
publicity or contract right of any party or violate any other law; and
(viii) Except as otherwise expressly permitted herein. RX
Technology Inc. shall not have the right to use or permit the use of any of The
Great Escape Trademarks, including any depiction of the Park or Affiliates'
Trademarks without The Great Escape prior written consent identifying the use
consented to, which consent may be granted or withheld in the absolute
discretion of The Great Escape. This Section shall survive the termination of
the Agreement.
(ix) Notwithstanding any other provision of this Agreement,
"The Great Escape", within its discretion, reserves the right to designate any
other company or person as the Park sponsor ("Designated Park Sponsor") and
permit the sponsor signage, displays, or other identification of its products or
name on the exterior within the interior of the RX Technology Inc. site as long
as that the interior usage does not interfere with the actual operation of the
RX Technology Inc. operation, RX Technology Inc. shall not be entitled to any
compensation from "The Great Escape" or any "Designated Park Sponsor" for such
usage nor shall RX Technology Inc. be relieved of any of the terms and
conditions of this Agreement. "The Great Escape" agrees that no such signage of
displays shall be affixed to any of RX Technology Inc. product.
10. SUBCONTRACTORS.
The Great Escape acknowledges that RX Technology Inc. has the right
to utilize subcontractors (collectively, the "Subcontractors") to fulfill the
obligations set forth hereunder, subject to The Great Escape prior approval with
respect thereto and the work to be performed thereby. RX Technology Inc. agrees
that (i) the terms of the agreement between RX Technology Inc. and any
Subcontractor will comply with all the terms of this Agreement, including,
without limitation, the provisions concerning criminal background checks of
persons working at the Park for
12
or on behalf of RX Technology Inc. and the provisions concerning insurance, (ii)
there will be no disruption (including strike) in the operation of the
Concession whatsoever (even in the event of replacement of the Subcontractors),
and (iii) RX Technology Inc. shall not cause or permit any liens, claims or
encumbrances to be placed on or with respect to the Equipment, Facility, Park or
any other property of The Great Escape or RX Technology Inc. which is the
subject of this Agreement.
11. ASSIGNMENT.
The obligations of RX Technology Inc. herein are personal in nature
and this Agreement and the obligations of RX Technology Inc. hereunder shall not
be assigned or otherwise transferred by RX Technology Inc.. in whole or in part,
to any third party without the prior written consent of The Great Escape. The
Great Escape may assign this Agreement to any affiliate of The Great Escape. For
purposes of this Agreement, the term "assigned" or "assignment" shall include,
without limitation, a consolidation or merger of RX Technology Inc. with or into
another party, a reorganization or a sale of all or substantially all of the
assets of RX Technology Inc. to another party, and/or transfer of a controlling
interest in RX Technology Inc.' business in or to another party.
12. INDEMNITY.
RX Technology Inc. covenants that it will protect, defend, hold
harmless and indemnify The Great Escape, its directors, officers, employees,
agents, subsidiaries, affiliates, partners and parent companies from and against
any and all expenses, claims, actions, liabilities, attorney's fees and costs,
damages and losses of any kind or nature whatsoever (including, without
limitation of the foregoing, death of or injury to persons and damage to
property), actually or allegedly resulting from or connected with the operation
of the Facility and/or the Concession (including, without limitation of the
foregoing, goods sold, work done, services rendered or products utilized
therein, advertising and promotion therefor, lack of repair in or about the area
occupied or arising out of any actual or alleged infringement of any patent or
claim of patent, copyright, trademark, service xxxx, or trade name) or from the
omission or commission of any act, lawful or unlawful, or breach of this
Agreement by RX Technology Inc. or its agents or employees, whether or not such
act is within the scope of the employment of such agents or employees and not
due to the negligence or willful misconduct of The Great Escape or its employees
and agents. This Section shall survive the termination of the Agreement.
13. INSURANCE.
A. To insure RX Technology Inc.' performance of the obligations and
warranties as set forth herein, but not by way of limitation, RX Technology Inc.
agrees, at its expense, to procure and maintain Comprehensive General Liability
against claims for bodily injury, personal injury or death and property damage,
Contractual Liability, Products Liability, Automobile Liability against claims
for bodily injury, personal injury or death and property damage, Risk Builder's
Risk Insurance, including coverage against collapse, written on a completed
value basis and Worker's Compensation Insurance, including an employer liability
endorsement (collectively, the "Insurance") each covering claims occurring upon,
in or about the Park, and on, in or about the adjoining streets, sidewalks and
passageways and identifying this Agreement, the Park and The Great Escape Theme
Parks Inc. as being named as additional insured on the Insurance policies
13
described herein, including any renewals of such Insurance. The Insurance shall
apply separately to each insured against whom a claim is made or suit is
brought. The Insurance shall remain in full force and effect for the Term of
this Agreement and one (1) year thereafter, and all such Insurance shall include
a waiver of subrogation against The Great Escape. This Section shall survive the
termination of the Agreement.
B. The Insurance shall be written by a company rated "A" or better
by Best Insurance Reports, or by such other company consented to in writing by
The Great Escape. The policy of Insurance will provide, inter alia, for thirty
(30) days advance notice to The Great Escape and RX Technology Inc. of any
proposed policy modification or cancellation. Upon any cancellation and/or
modification of any Insurance policy required hereby, and prior to the effective
date thereof. RX Technology Inc. shall deliver replacement insurance to The
Great Escape. RX Technology Inc. shall forward the Certificate of Insurance form
attached hereto and incorporated herein as Exhibit D to its insurer for
execution and transmit such executed Certificate to The Great Escape promptly
after execution of this Agreement, and RX Technology Inc. shall also supply The
Great Escape with its official Certificate of Insurance promptly after execution
of this Agreement for its records.
C. Each of the Insurance liability coverages referenced above shall
have a combined single limit of at least $1,000,000 for any claim arising out of
a single occurrence and $3,000,000 for all claims in the aggregate.
D. All Insurance policies required to be maintained shall be primary
and shall not require contribution from any coverage maintained by The Great
Escape, and shall not contain, without The Great Escape prior written consent,
any special or non-customary exclusions.
E. RX Technology Inc. shall further, upon request, furnish The Great
Escape with a certificate from RX Technology Inc.' insurance carrier certifying
that RX Technology Inc. has obtained Worker's Compensation insurance upon its
employees, or an opinion of counsel satisfactory to The Great Escape that such
coverage is not required.
F. RX Technology Inc. understands that The Great Escape rights and
RX Technology Inc.' obligations hereunder shall not be limited or affected by
the provisions of this Section 13.
14. BREACH.
In the event of breach of any provision of this Agreement by RX
Technology Inc. or in the event RX Technology Inc. should become insolvent, file
a voluntary petition in bankruptcy, have a receiver, liquidator or trustee in
bankruptcy appointed over its affairs, have a significant material adverse
change in its financial condition, and notwithstanding The Great Escape right to
receive liquidation damages hereunder, in lieu thereof, The Great Escape may, at
its option, then or at any time thereafter while said breach continues, upon
fifteen (15) days prior written notice to RX Technology Inc., terminate this
Agreement and the license and privileges granted hereby and b relieved of all
further obligation hereunder arising after the date of termination. In the event
of
14
termination hereunder, RX Technology Inc. shall then quit and surrender the
premises as set forth in this Agreement and the license and privileges granted
hereby shall then terminate; provided, however, that RX Technology Inc. shall
remain liable for all obligations under this Agreement, and The Great Escape
may, in addition to any remedy herein provided, recover from RX Technology Inc.
any damages to which it may be entitled in law or equity. This Section shall
survive the termination of this Agreement.
15
15. NOTICES
All notices required or permitted to be given hereunder shall be in
writing and personally delivered or sent by courier or registered or certified
mail, postage prepaid, return receipt requested, addressed as follows:
To The Great Escape: The Great Escape andSplashwater Kingdom
X.X. Xxx 000
Xxxx Xxxxxx, XX 00000
Attn: Xxxxx Xxxxxxx, Director of Retail
To RX Technology Inc.: RX Technology Inc.
X.X. Xxx 0000
Xxxxxxxxxx, XX 00000
Attn: D. Xxx Xxx
Fax: 000-000-0000
or to such other addresses as the parties may direct by written notice given as
herein above provided. Notice shall be deemed given when received as evidenced
by the return receipt or the date such notice is first refused, if that be the
case. Notice also may be sent by facsimile and shall be deemed received on the
date facsimile is confirmed as being sent.
16. SURRENDER OF PREMISES.
At the expiration or prior termination of this Agreement, RX
Technology Inc. may, subject to any indebtedness of RX Technology Inc. to the
Great Escape, promptly remove RX Technology Inc.' Equipment and Facility from
the Park, except that The Great Escape Trademarks or The Great Escape
Affiliates' Trademarks shall be removed from the Equipment and Facility and
remain at the Park, and RX Technology Inc. shall quit and surrender the Facility
in the Park in good condition, reasonable wear and tear excepted. Unless the
parties otherwise agree, if RX Technology Inc. fails to remove the Facility from
the Park within five (5) days after termination of this Agreement, then RX
Technology Inc. shall be deemed to have abandoned such property and title to the
same shall at that time vest in The Great Escape. Any costs and expenses
incurred by The Great Escape in removing such abandoned property (including the
reasonable value of the services rendered by Park employees in connection
therewith) shall be paid to The Great Escape by RX Technology Inc. promptly
following demand therefor. This Section shall survive the termination of this
Agreement.
17. GOVERNING LAW.
A. Each of the parties hereto agree that this Agreement shall be
deemed to have been made, entered into, executed and delivered in the State of
New York (the "Specified State") and that the laws of the Specified State shall
govern the construction, interpretation and
16
enforceability of this Agreement. Should any dispute arise in connection with
the construction, interpretation, performance or enforcement of the provisions
of this Agreement, Each of the parties hereto agree that any such action shall
be brought only in the courts located in the Specified State.
B. Each of the parties hereto, to the full extent permitted by law,
hereby knowingly, intentionally and voluntarily, with and upon advice of
competent counsel, (i) submit to personal jurisdiction in the Specified State
over any suit, action or proceeding by any person arising from or relating to
this Agreement and the relationship of the parties hereto, (ii) agree that any
such action, suit or proceeding shall be brought in any state or federal court
of competent jurisdiction sitting in the federal court district in the Specified
State, (iii) submits to the jurisdiction of such courts and (iv) to the fullest
extent permitted by law, agree that it will not bring any action, suit or
proceeding in any forum other than as provided herein (but nothing herein shall
affect the right of the Six Flags to bring any action, suit or proceeding in any
other forum to the extent necessary to enforce its rights under this Agreement).
18. RELATIONSHIP OF THE PARTIES.
RX Technology Inc. is an independent contractor. Nothing contained
in or done pursuant to this Agreement shall be construed as creating a
partnership, agency, joint employer, joint venture or landlord-tenant
relationship. Except as otherwise expressly provided in this Agreement, no party
shall become bound, with respect to third parties, by any representation, act or
omission of the other.
19. FORCE MAJEURE.
Neither party shall be liable to the other party for damages for its
failure to perform due to contingencies beyond its reasonable control,
including, but not limited to, fire, storm, flood, earthquake, explosion,
accidents, public disorders, sabotage, lockouts, labor disputes, strikes, riots
or acts of God, In the event that such an event has occurred, the party affected
shall notify the other immediately. The rights and obligations of either party
under this Agreement shall be suspended only for the duration and extent of the
force majeure and once the force majeure ceases to exist, the rights and
obligations of either party shall continue in full force.
20. PUBLICITY.
A. The Great Escape shall, at its discretion, develop, direct and
produce any and all advertising and promotion in connection with the Concession
in the Park for the purposes of advertising, promoting, publicizing and
merchandising the Concession in the Park. RX Technology Inc. agrees to
cooperate, as necessary, when requested to provide any advertising or promotion
with respect to the Concession.
B. The Great Escape shall have the right to use RX Technology Inc.'
Trademarks and the names of any person or entity rendering services on or
associated with the Concession, as well as any such person or entity's
biography, photographic or non-photographic likeness and recorded voice.
C. RX Technology Inc. shall not have the right to have or cause to
have sponsors with respect to the Concession without the prior written approval
of The Great Escape.
17
D. RX Technology Inc. agrees that The Great Escape may obtain
sponsors for the Concession which may include affixing signage in or around the
Concession, and any proceeds The Great Escape derives in connection therewith
shall be solely that of The Great Escape.
21. PROPRIETARY INFORMATION.
RX Technology Inc. agrees that this Agreement and all information
regarding the business operations, policies and practices of The Great Escape
("Proprietary Information") acquired or learned in connection with the
activities conducted under this Agreement shall be deemed confidential and shall
be kept in strict confidence under appropriate safeguards. The term Proprietary
Information, as used herein, does not include any information that is or becomes
internally available to the public other than as a result of disclosure in
violation of this Agreement. This Section shall survive the termination of the
Agreement.
22. SEVERABILITY.
If any provision of this Agreement or the application of any such
provision to any party or circumstance is held invalid, the remainder of this
Agreement, and the application of such provision other than to the extent it is
held invalid, will not be invalidated or affected thereby.
23. ENTIRE AGREEMENT.
This Agreement (including any and all exhibits and schedules hereto)
constitutes the entire agreement between the parties with respect to the matters
which are the subject hereof and supersedes all prior and contemporaneous
agreements and undertakings of the parties pertaining to the subject matter
hereof. This Agreement may not be modified except by written instrument duly
executed by the parties hereto.
18
IN WITNESS WHEREOF, this Agreement has been duly executed by the parties
hereto on the day and year first hereinabove written.
The Great Escape Theme Park, LLC.,
(a division of Premier Parks Inc.)
By: /s/ Xxxx X. Xxxxxxx
-------------------------------
Xxxx X. Xxxxxxx
Vice President and General Manager
RX Technology Inc.:
By: /s/ D. Xxx Xxx
-------------------------------
D. Xxx Xxx
President
S-1
Exhibit A
Location(s)
Locations shall be determined by The Great Escape in its sole discretion
and may be changed from time to time in the reasonable discretion of The Great
Escape.
Alternative:
The locations are set forth below, subject to relocation in the reasonable
discretion of The Great Escape.
The Comet Ride Photos
The Alpine Bobsled Ride Photos
Front Gate Photos
Ex. A - 1
Exhibit B
PAYMENT/RETURN AGREEMENT
1. CREDIT CARD.
(a) Acceptance.
(i) RX Technology Inc. shall comply with The Great
Escape credit card procedures (the "Credit Card Procedures") (a list of the
Credit Card Procedures in effect as of the date hereof is attached hereto and is
incorporated herein), as The Great Escape may amend them from time to time upon
notice to RX Technology Inc., with respect to acceptance of Credit Cards as
payment for any Goods.
(ii) RX Technology Inc. agrees that it shall not: (A)
discriminate in favor of any Credit Card accepted for payment over another. (B)
require a minimum transaction amount or impose a surcharge as a condition for
honoring Credit Cards, (C) impose a requirement on Credit Card holders to
provide any personal information as a condition for honoring Credit Cards unless
otherwise required by the Credit Card Procedures, (D) make or require a
photocopy of a Credit Card, (E) make a Credit Card sale where only part of the
consideration due is paid by use of such Credit Card, or (F) accept a Credit
Card for any purpose which is prohibited by the Credit Card Procedures.
(iii) RX Technology Inc. shall not make a Credit Card
sale to any person if: (A) the Credit Card being presented has expired according
to the expiration date shown on such Credit Card, (B) the sale has been declined
for authorization, (C) RX Technology Inc. has reasonable grounds to believe the
Credit Card being presented is counterfeit, fraudulent or stolen, or (D) the
signature on the Credit Card does not appear to be the same as the signature on
the sales draft or the spelling of the signature on the sales draft is different
from the spelling of the name on the Credit Card. RX Technology Inc. shall use
reasonable efforts to retrieve any credit card from the customer when instructed
by a service provider in response to an authorization or other inquiry.
(iv) RX Technology Inc. agrees to display symbols of the
Credit Cards, supplied by The Great Escape hereunder, at its Facility in the
Park to effectively inform customers of the Park that the Credit Cards are
honored by RX Technology Inc..
(b) Returns and Adjustments.
(i) All disputes between RX Technology Inc. and any
Credit Card holder respecting any Credit Card transaction hereunder shall be
settled between RX Technology Inc. and such Credit Card holder. RX Technology
Inc. agrees that in the event of a Credit Card dispute, RX Technology Inc. shall
reasonably address the Credit Card holders concern in a good faith manner.
(ii) RX Technology Inc. shall maintain a fair and
consistent policy for exchange and return of Goods and for the adjustment of
amounts due on Credit Card transactions and such policy shall be the same as
available to cash customers. RX Technology Inc.
Ex. B - 1
shall make no cash refunds or payments to Credit Card holders for returns or
adjustments on Credit Card sales.
(iii) When a refund or payment is due to a Credit Card
holder for return or adjustment, RX Technology Inc. shall prepare, execute and
deliver to The Great Escape or cause to be delivered to The Great Escape a
legible credit adjustment memo on a form provided or approved by The Great
Escape and deliver to the Credit Card holder a copy of the completed form. Each
credit adjustment memo shall be imprinted with or contain the following: (A) The
Great Escape name and merchant account number, (B) city and address where the
credit or adjustment occurred, (C) Credit Card holder's name and Credit Card
number, (D) Credit Card expiration date, (E) the date of the return or
adjustment and the date of the initial transaction, if available, (F) the amount
of the credit, and (G) a brief description of the Goods returned.
(iv) With respect to each credit adjustment memo
presented to The Great Escape and/or transmitted hereunder, RX Technology Inc.
represents and warrants that: (A) the credit adjustment memo represents an
amount lawfully due to a Credit Card holder for the return or adjustment of
Goods previously purchased with the Credit Card, (B) a sales draft relating to
and including the amount of the credit memo was previously presented to The
Great Escape and/or transmitted hereunder, (C) the credit adjustment memo does
not duplicate information concerning the same transaction in any other credit
slip unless Six Flags requests a resubmission, (D) the signature appearing on
the credit adjustment memo is that of an authorized employee of RX Technology
Inc., and (E) RX Technology Inc. has complied fully with the terms of this
Agreement.
(c) Failure to Comply.
In the event RX Technology Inc. fails to comply with the
Credit Card Procedures or the terms of this Exhibit B for a given Credit Card
transaction and said sales draft is returned to The Great Escape, or in the
event Goods are returned by the customer that paid by Credit Card, RX Technology
Inc. agrees that The Great Escape may, in its sole discretion: (i) deduct the
amount of said Credit Card transaction from RX Technology Inc.' share of the
revenue from the Concession due and owing RX Technology Inc., if any, or (ii)
xxxx RX Technology Inc. in the amount of said Credit Card transaction, and RX
Technology Inc. shall pay The Great Escape the same within five (5) days of
receipt therefor, or (iii) demand payment from RX Technology Inc. in the amount
of said Credit Card transaction and RX Technology Inc. shall pay The Great
Escape immediately upon its receipt of The Great Escape demand. Failure of RX
Technology Inc. to pay The Great Escape as set forth herein for any outstanding
Credit Card transactions shall constitute a breach of the Agreement.
(d) Termination of Acceptance.
In the event The Great Escape agreement with respect to
the Credit Cards terminates or The Great Escape, in its sole discretion,
determines that it does not want RX Technology Inc. to accept Credit Cards as
payment for Goods hereunder. RX Technology Inc. agrees to discontinue acceptance
of Credit Cards and remove the Credit Card symbols from the Facility upon
notification by The Great Escape.
Ex. B - 2
2. CHECK.
(a) Acceptance.
RX Technology Inc. represents and warrants that it shall
comply with The Great Escape current check authorization procedures (the "Check
Authorization Procedures") (a copy of the TeleCheck Authorization Procedures in
effect as of the date hereof has been received by RX Technology Inc. and is
incorporated herein), as The Great Escape may amend from time to time upon
notice to RX Technology Inc., prior to acceptance of a check as payment for
Goods. Notwithstanding the foregoing, RX Technology Inc. agrees that it shall
not contact TeleCheck directly, as set forth in Section 3 of the Check
Authorization Procedures but shall contact the Merchandise Office or a
Merchandise Supervisor to obtain authorization from TeleCheck.
(b) Returns and Adjustments.
(i) All disputes between RX Technology Inc. and any
customer respecting any check transaction hereunder shall be settled between RX
Technology Inc. and such customer. RX Technology Inc. agrees that in the event
of a dispute, RX Technology Inc. shall reasonably address the customer's concern
in a good faith manner.
(ii) RX Technology Inc. shall maintain a fair and
consistent policy for exchange and return of merchandise and for the adjustment
of amounts due on check transactions and such policy shall be the same as
available to cash and credit customers.
(iii) When a refund or payment is due to a customer for
rerun or adjustment, RX Technology Inc. shall prepare, execute and deliver to
The Great Escape or cause to be delivered to The Great Escape a legible
Merchandise Return Slip ("Return Slip").
(iv) With respect to each legible Return Slip presented
to The Great Escape hereunder, RX Technology Inc. represents and warrants that:
(A) the Return Slip represents an amount lawfully due customer for the return or
adjustment of Goods previously purchased with a check, (B) a sales draft
relating to and including the amount of the Return Slip was previously presented
to The Great Escape and/or transmitted hereunder, (C) the Return Slip does not
duplicate information concerning the same transaction in any other Return Slip
unless The Great Escape requests a resubmission, (D) the signature appearing on
the Return Slip is that of RX Technology Inc., and (E) RX Technology Inc. has
complied fully with the terms of this Agreement.
(c) Failure to Comply.
In the event RX Technology Inc. fails to comply with the
Check Authorization Procedures for a given check and said check is returned to
The Great Escape, or in the
Ex. B - 3
event Goods are returned by the customer that paid by check, RX Technology Inc.
agrees that The Great Escape may, in its sole discretion: (A) deduct the amount
of said check from RX Technology Inc.' share of the revenue from the Concession
due and owing RX Technology Inc., if any, or (B) xxxx RX Technology Inc. in the
amount of said check, and RX Technology Inc. shall pay The Great Escape the same
within five (5) days of receipt therefor, or (C) demand payment from RX
Technology Inc. in the amount of said check and RX Technology Inc. shall pay The
Great Escape immediately upon its receipt of The Great Escape demand. Failure of
RX Technology Inc. to pay The Great Escape as set forth herein for any
outstanding checks shall constitute a breach of the Agreement.
(d) Termination of Acceptance.
In the event The Great Escape agreement with TeleCheck
terminates and The Great Escape does not wish to continue acceptance of checks
in the Park or The Great Escape, in its sole discretion, determines that it does
not want RX Technology Inc. to accept checks as payment for Goods hereunder, RX
Technology Inc. agrees to discontinue acceptance of checks upon notification by
The Great Escape.
3. CASH.
(a) Acceptance.
RX Technology Inc. shall comply with The Great Escape
cash handling procedures ("SFGAM Cashier Procedures") a copy of which is
attached hereto.
RX Technology Inc. represents and warrants that it shall
cause all cash received by or on RX Technology Inc.' behalf for sale of Goods
hereunder to be rung in the cash register or other The Great Escape approved
cash collection equipment and deposited in such cash register or other equipment
at the time of sale.
(b) Returns and Adjustments.
(i) All disputes between RX Technology Inc. and any
customer respecting any cash transaction hereunder shall be settled between RX
Technology Inc. and such customer, RX Technology Inc. agrees that in the event
of a dispute, RX Technology Inc. shall reasonably address the customer's concern
in a good faith manner.
(ii) RX Technology Inc. shall maintain a fair and
consistent policy for exchange and return of merchandise and for the adjustment
of amounts due on cash transactions and such policy shall be the same as
available to credit customers.
(iii) When a refund or payment is due to a customer for
return or adjustment, RX Technology Inc. shall prepare, execute and deliver to
The Great Escape or cause to be delivered to The Great Escape a legible Return
Slip.
(iv) With respect to each legible Return Slip presented
to The Great Escape hereunder, RX Technology Inc. represents and warrants that
(A) the Return Slip
Ex. B - 4
represents an amount lawfully due customer for the return or adjustment of Goods
previously purchased in cash, (B) a sales draft relating to and including the
amount of the Return Slip was previously presented to The Great Escape and/or
transmitted hereunder, (C) the Return Slip does not duplicate information
concerning the same transaction in any other Return Slip unless The Great Escape
requests a resubmission, (D) the signature appearing on the Return Slip is that
of RX Technology Inc., and (E) RX Technology Inc. has complied fully with the
terms of this Agreement.
(v) RX Technology Inc. agrees that in the event Goods
hereunder are returned on a day that said Goods were not purchased, The Great
Escape may, in its sole discretion: (A) deduct the amount of said return from RX
Technology Inc.' share of the revenue from the Concession due and owing RX
Technology Inc.. if any; (B) xxxx RX Technology Inc. in the amount of said
return and RX Technology, Inc. shall pay The Great Escape the same within five
(5) days of receipt therefor or (C) demand payment from RX Technology Inc. in
said amount and RX Technology Inc. shall pay The Great Escape immediately upon
receipt of The Great Escape demand. Failure of RX Technology Inc. to pay The
Great Escape as set forth herein for any amount outstanding shall constitute a
breach of the Agreement.
Ex. B - 5
Credit Card Procedures
RX Technology Inc. represents and warrants that it shall follow the
following Credit Card Procedures, as may be amended from time to time by The
Great Escape upon notice to RX Technology Inc.:
1. Each Credit Card sale shall be evidenced by a legible sales draft
(the "Draft") on a form approved by The Great Escape, indicating the full amount
due for Goods sold hereunder.
2. Each Draft shall be imprinted by RX Technology Inc., or show
evidence of the electronic equivalent obtained through use of a terminal which
reads the magnetic stripe on the Credit Card.
3. The Draft shall include the following information: (i) The Great
Escape name and merchant account number, (ii) the city and state in which the
transaction takes place, (iii) the information on the Credit card, including
the account number, name and expiration date of the Credit Card, (iv) the date
the transaction takes place and the price of the Goods, (v) total amount of the
transaction, including all applicable taxes, (vi) description of Goods, and
(vii) signature of the Credit Card holder.
4. RX Technology Inc. shall compare the signature on the Draft with
the signature on the Credit Card to ascertain that they are the same, and if the
Credit Card has a photograph of the Credit Card holder, verify that the Credit
Card holder and the person presenting the Credit Card appear to be the same
person. If RX Technology Inc. believes there is a discrepancy in the signature
or if the photographic identification is uncertain, RX Technology Inc. shall
contact the service provider for instructions.
5. If the signature panel on the Credit Card is blank, RX Technology
Inc. shall do the following: (i) review positive identification to determine
that the user is the Credit Card holder: such identification must consist of a
current official government identification document (such as a passport or
driver's license) that bears the Credit Card holder's signature, (ii) indicate
such positive identification (including any serial number and expiration date)
on the Draft and (iii) require the Credit Card holder to sign the signature
panel of the Credit Card prior to completing the transaction.
6. For each Credit Card sale, RX Technology Inc. shall deliver or
cause to be delivered a copy of the completed sales draft to the customer,
evidencing the full amount due for the Goods.
7. RX Technology Inc. shall not complete a sales transaction without
first obtaining an authorization from the designated service provider for the
total amount of the transaction, RX Technology Inc. shall print legibly on the
Draft the authorization/approval code, evidencing any authorization so obtained.
Ex. B - 6
Exhibit C
Employees
RX Technology Inc.' Employees shall include the following:
No. of Employees Title
---------------- -----
1 Supervisor/Manager
1 Hosts/Hostesses
Ex. C - 0
Exhibit D
The Great Escape _________
__________________________
__________________________
CERTIFICATE OF INSURANCE
COMPANIES AFFORDING COVERAGE
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COMPANY COMPANY
LETTER A LETTER D
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COMPANY COMPANY
LETTER B LETTER E
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COMPANY COMPANY
LETTER C LETTER F
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COVERAGES
THIS CERTIFICATE IS TO CERTIFY TO SIX FLAGS ______ OR ANY SUBSIDIARIES
HEREAFTER REFERRED TO AS "SIX FLAGS" THAT POLICIES DESCRIBED BELOW HAVE BEEN
ISSUED TO THE INSURED BY THE UNDERSIGNED AND ARE IN FULL FORCE AND EFFECT AT
THIS TIME. IF ANY CHANGES ARE MADE IN THE POLICIES WHICH EFFECT THE INTEREST OF
FRONTIER CITY OR IF ANY OF THE POLICIES ARE CANCELED AT THE REQUEST OF EITHER
PARTY, WRITTEN NOTICE WILL BE GIVEN BY THE INSURANCE COMPANY TO FRONTIER CITY
AT LEAST THIRTY (30) DAYS PRIOR TO THE EFFECTIVE DATE THEREOF
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CO. TYPE OF INSURANCE POLICY EFFE. EXP. LIMITS IN THOUSANDS
LTR. NUMBER DATE DATE
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WORKERS COMPENSATION STATUTORY
EMPLOYERS LIABILITY (NOTE 1) EA. ACCIDENT $____
CERTIFICATE HOLDER NAMED ALT DISEASE-POLICY LIMIT $____
EMPLOYER DISEASE EA. EMPLOYEE $____
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GENERAL LIABILITY (NOTE 2) GENERAL AGG. $____
COMPREHENSIVE GENERAL LIABILITY PRODUCT-COMP/OPS AGG $____
CLAIMS MADE OCCURRENCE PERSONAL & ADV INJURY $____
CERT. HOLDER NAMED ADDNL. INSURED EACH OCCURRENCE $____
WAIVER OF SUBROGATION WAIVED
AGAINST CERT. HOLDER FIRE DAMAGE
HOLD HARMLESS AGREEMENT WITH CERT. (ANY ONE FIRE) $____
HOLDER INSURED MEDICAL EXPENSE
PROFESSIONAL LIABILITY (ANY ONE PERSON) $____
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AUTO LIABILITY COMBINED SINGLE LIMIT $____
ANY AUTO BODILY INJURY
ALL OWNED (PER PERSON) $____
SCHEDULED AUTOS BODILY INJURY
CERT. HOLDER NAMED ADDNL. INSURED (PER ACCIDENT) $____
WAIVER OF SUBROGATION AGAINST
SIX FLAGS PROPERTY DAMAGES $____
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CARE, CUSTODY AND CONTROL (NOTE 4) EACH OCCURRENCE $____
(IF APPLICABLE) AGGREGATE $____
ALL RISK DEDUCTIBLE $____
LEGAL LIABILITY FORM
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EXCESS LIABILITY (NOTE 5) EACH OCCURRENCE $____
UMBRELLA AGGREGATE $____
OTHER THAN UMBRELLA FORM DEDUCTIBLE $____
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DESCRIPTION OF OPERATIONS /LOCATIONS/RESTRICTIONS
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PRODUCER/AGENT INSURED
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I DO HEREBY CERTIFY THAT THE INSURERS LISTED HEREIN ARE
AUTHORIZED TO TRANSACT BUSINESS IN AND FOR THE STATE OF DATE ISSUED___________
_____ AND CARRY A. M. BEST RATINGS OF _________________
____________________________
AUTHORIZED REPRESENTATIVE REVERSE SIDE MUST BE COMPLETED
(OVER)
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Ex. D - 1
POLICIES LISTED ON REVERSE SIDE INCLUDE COVERAGE FOR: CHECK ONE
YES NO
NOTE (1) WORKERS COMPENSATION AND EMPLOYERS LIABILITY
(A) VOLUNTARY COMPENSATION ENDORSEMENT? ______ ______
(B) DOES POLICY INCLUDE "WAIVER OF SUBROGATION ENDORSEMENT"
AS REQUIRED BY CONTRACT WITH SIX FLAGS? ______ ______
(C) ALTERNATE EMPLOYER ENDORSEMENT IN FAVOR OF SIX FLAGS? ______ ______
(D) COVERAGE IS AFFORDED IN THE STATES OF:
______________________________________
NOTE (2) COMPREHENSIVE GENERAL LIABILITY
(A) COVERAGE WRFITEN ON A COMPREHENSIVE FORM? ______ ______
(B) PRODUCTS OR COMPLETED OPERATIONS COVERAGES INCLUDED? ______ ______
(C) IS POLLUTION COVERAGE INCLUDED? ______ ______
(D) CONTRACTUAL LIABILITY COVERING HOLD HARMLESS AGREEMENT
IN CONTRACT WITH SIX FLAGS? ______ ______
(E) WAIVER OF SUBROGATION ENDORSEMENT AGAINST SIX FLAGS? ______ ______
(F) IS SIX FLAGS NAMED AS ADDITIONAL INSURED? ______ ______
(G) HAVE THERE EVER BEEN ANY PROFESSIONAL LIABILITY ACTIONS
AGAINST THE INSURED? IF YES, PLEASE EXPLAIN.___________ ______ ______
_______________________________________________________
_______________________________________________________
_______________________________________________________
HAVE THERE BEEN ANY SETTLEMENTS? IF YES, PLEASE EXPLAIN. ______ ______
_______________________________________________________
_______________________________________________________
_______________________________________________________
HAVE THERE BEEN ANY JUDGEMENTS? IF YES, PLEASE EXPLAIN. ______ ______
_______________________________________________________
_______________________________________________________
_______________________________________________________
NOTE (3) AUTO LIABILITY
(A) ALL OWNED, HIRED AND NON-OWNED VEHICLES? ______ ______
(B) WAIVER OF SUBROGATION AGAINST FRONTIER CITY? ______ ______
(C) IS SIX FLAGS NAMED AS ADDITIONAL INSURED? ______ ______
NOTE (4) CARE, CUSTODY AND CONTROL
(A) IS COVERAGE INCLUDED FOR DAMAGES TO SIX FLAGS
PROPERTY WHILE BEING RAISED, LIFTED OR LOWERED WHILE
USING CRANE, BOOMS OR HOISTS? ______ ______
NOTE (5) UMBRELLA FORM
(A) IS COVERAGE EXCESS OVER PRIMARY COMMERCIAL LIABILITY AND
EMPLOYERS LIABILITY? ______ ______
(B) IS SIX FLAGS NAMED AS ADDITIONAL INSURED? ______ ______
(C) WAIVER OF SUBROGATION AGAINST SIX FLAGS? ______ ______
Ex. D - 2