Exhibit 10.27
AGREEMENT FOR VIDEOCONFERENCING EQUIPMENT AND SERVICES
THIS AGREEMENT FOR VIDEO CONFERENCING EQUIPMENT AND SERVICES (this
"Agreement") is entered into between the GTE Telephone Operating Companies
listed in Exhibit 1 (individually and collectively "GTE"), and ACT
Videoconferencing, Inc. ("ACT") and is effective on October 1, 1998 (the
"Effective Date").
WHEREAS, GTE provides multipoint videoconferencing bridging service and
sells videoconferencing equipment; and
WHEREAS, GTE desires to exit the videoconferencing service business,
but will maintain its business of selling videoconferencing equipment; and
WHEREAS, ACT also provides videoconferencing bridging service, and is
willing to purchase certain videoconferencing service equipment from GTE and to
provide ACT's videoconferencing service to GTE customers; and
WHEREAS, GTE and ACT desire to support each other in the marketing of
videoconferencing services and products.
In consideration of the mutual promises set forth below, the
parties hereby agree:
1. PURCHASE OF EQUIPMENT:
1.1 GTE will sell, and ACT will purchase, the equipment listed in
Exhibit 2. This includes a transfer of licenses to any software
that is installed on the equipment and is related to operation of
the equipment, and all user's manuals and other documentation.
1.2 The parties will coordinate on the disconnection and removal of
the equipment, and on delivery of the items to ACT. GTE will
invoice ACT for its shipping costs associated with shipping
equipment to locations designated by ACT.
1.3 The equipment, to include installed software, is sold in an "as-
is" condition.
1.4 No network services are provided as part of this transaction. ACT
is responsible for securing its own telecommunications services.
1.5 The purchase price is $625,000 to be paid in a combination of
cash and services, as follows:
Within 30 days of the Effective Date:
ACT will record a liability to GTE of $93,333.00 effective 30 days
from the Effective Date. Payment of this liability will be made in
quarterly installments of $23,333.25, with the first installment paid
30 days from the Effective Date. ACT will also pay interest at the
rate of 7% per annum on the unpaid balance of the liability.
1,000 hours of bridging service, valued for this transaction at
$45,000. ACT will provide GTE with coupons for this service for GTE to
provide to customers who can, in turn, use the coupons to pay for
bridging service obtained from ACT. The coupons will be valid for
bridging service for a period of two years from the date of contract
signing. The coupons will be in a form that is mutually agreeable, and
will be supplied within 30 days of the Effective Date.
$300,000 in bridging service that GTE may use at its discretion over a
period of two years from the date of contract signing. For purposes of
using this $300.000, ACT will make this service available to GTE at a
price of $45.00 per hour per port and at ACT's standard pricing for
related services. The parties will jointly agree upon procedures for
tracking and accounting for use of the bridging service. Unless
otherwise agreed subsequently, any unused amount shall expire on the
second year anniversary of the Effective Date.
At the first year anniversary of the Effective Date:
Cash Payment Of $93,333.00
At the second year anniversary of the Effective Date:
Cash payment of $93,333.00.
1.6 GTE will invoice ACT for the cash amounts noted in the preceding
subsection. Payments are due as stated above.
1.7 The parties believe that this sale qualifies as an occasional or incidental
sale that is not subject to sales tax in the states where the transactions
will take place. Should there be a sales tax in one or more of these
states, however, ACT agrees to pay the applicable amount upon invoice by
GTE. For purposes of determining such sales tax, and for filing of any tax
returns, the parties agree that all of the $625,000 sales price shall be
allocated to the equipment in accordance with the allocation shown in
Exhibit 2.
1.8 GTE represents and warrants that it has good and marketable title to the
listed equipment, and that the equipment is free of any liens or other
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encumbrances, other than as may be made by GTE pending payment in full
by ACT in accordance with the schedule set out above.
2. BUSINESS RELATIONSHIP:
2.1 Upon contract signing, GTE will, in an orderly transition, close down
its current provision of multi-point videoconferencing service. GTE
agrees that, for a period of 18 months from the Effective Date, GTE
will not offer any new service of this nature. GTE will remain in the
business of providing videoconferencing endpoint or customer premises
equipment.
2.2 ACT will be GTE's preferred provider of videoconferencing service. GTE
will refer existing and new videoconferencing service customers to
ACT, and will actively support the marketing of ACT to its existing
clients and prospects.
2.3 ACT agrees to accept customer referrals from GTE and to offer them
ACT's videoconferencing service.
2.4 In consideration for GTE's referral of videoconferencing service
customers, ACT will pay GTE a commission of 10% of the first year's
gross revenue it receives for videoconferencing service from customers
serviced through referrals or sales leads from GTE. This commission
excludes existing base and transport. This commission will be paid on
a quarterly basis. The parties will work together to develop
procedures to track customer referrals and to administer commission
payments.
2.5 In lieu of the 10% commission set out in the previous subsection, ACT
and GTE will determine a commission to be paid on large volume
accounts, defined as videoconferencing service customers who qualify
for ACT's highest tier of discounted pricing, on a case-by-case basis.
The parties will similarly negotiate an appropriate commission or
other compensation for GTE referral or assistance to ACT in securing
videoconferencing service business through customer requests for
proposals or other competitive bidding opportunities.
2.6 ACT will establish and dedicate an overlay staff of 3 representatives
to work directly on GTE customer leads and RFP opportunities.
Additional sales staff members will be added as revenue opportunities
dictate.
2.7 ACT agrees not to use customer lists provided by GTE or sales leads
for videoconferencing service referred by GTE for purpose of selling
video conferencing equipment to the customer. ACT's dedicated overlay
staff will not sell videoconferencing equipment. In managing an
account of a customer that was referred to ACT by GTE, ACT will refer
customer requests and interest in videoconferencing equipment to GTE.
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2.8 ACT will support GTE's sales of videoconferencing equipment by
providing GTE with 10 port hours of videoconferencing service per
month at no charge, for GTE's use to demonstrate videoconferencing at
GTE's Technology Solution Centers and at trade shows. This no-charge
videoconferencing service is in addition to the provision of
videoconferencing service set out in Section 1.5, above. ACT will xxxx
GTE for videoconferencing service used for demonstrations in excess of
10 hours per month at the rate of $45.00 per hour. GTE may use the
$300,000 set out in Section 1.5, above, to pay for the additional
usage.
2.9 ACT will work directly with GTE to support all video related activity
at the Technology Solution Centers and to support GTE's sales of
videoconferencing equipment. ACT agrees to establish promotions and
sales incentives. ACT will arrange for applications training to be
conducted for GTE account managers and sales representatives on an
ongoing basis with industry experts introducing new and innovative
uses for videoconferencing and network sales. ACT will work with GTE
to develop packages for bundling bridging services and
videoconferencing equipment sales, and will develop a program that
will allow GTE to package equipment, bridging and network sales.
2.10 ACT shall maintain and keep current records of the videoconferencing
service business it provides to customers obtained through leads or
referrals provided by GTE.
3. TRANSITION STEPS
3.1 Within 30 days of the Effective Date, ACT and GTE shall, in
coordination with each other, develop transition plans to accomplish
an orderly transfer of current GTE videoconferencing service customers
to ACT. The plans will include procedures and schedules for referral
of customers to ACT and for establishment of service arrangements for
those customers.
3.2 ACT will use its best efforts to have the capability in place to
provide videoconferencing service to former GTE customers within 30
days of the Effective Date.
3.3 The parties will use their best efforts to complete all equipment
transfers within 90 days of the Effective Date, and commit to having
the process entirely accomplished no later than 120 days after the
Effective Date. GTE will assist ACT in contacting the suppliers of the
equipment, related software and maintenance, as may be required for
continued supplier support and proper transfer of any software
licenses.
3.4 Within 45 days of the Effective Date, ACT will provide GTE with sales
and service literature and other information as appropriate for GTE
account representatives to use to inform GTE customers about the
transition and the services that are available from ACT.
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3.5 The parties will develop a joint press release that describes their
relationship and the activities described in this Agreement.
4. TERM AND TERMINATION:
4.1 This Agreement shall remain in effect, unless earlier terminated as
provided below, for an initial term of 3 years from the Effective
Date.
4.2 Either party may terminate this Agreement in the event of a default by
the other party (meaning failure to perform a material obligation or
violation of a material term or condition of this Agreement),
provided, however, that the non-defaulting party notifies the other in
writing of the alleged default, and the defaulting party does not cure
the default within thirty (30) calendar days of receipt of the notice.
4.3 Either party may terminate this agreement by written notice if the
other party admits insolvency, makes an assignment for the benefit of
creditors, files for bankruptcy or has a trustee appointed over all or
a substantial part of its assets.
4.4 After two years from the Effective Date, either party may terminate
this agreement upon 90 days written notice to the other.
5. LIABILITY UPON TERMINATION: Termination of this Agreement, or any part
hereof, for any cause shall not release either party from any liability
which at the time of termination had already accrued to the other party or
which thereafter accrues to any act or omission occurring prior to the
termination or from an obligation which is expressly stated in this
Agreement to survive termination. Termination of this Agreement shall not
terminate GTE's right to receive, nor ACT's obligation to pay, the
commissions for sales leads and referrals as described in section 2, above.
6. NATURE OF RELATIONSHIP: No agency, joint venture or partnership,
relationship is created by this Agreement. The parties shall not
characterize their relationship as being any form of agency, joint venture
or partnership. Each party shall perform its respective obligations as set
out in this Agreement and shall not be an agent or partner of the other.
Neither party shall have any authority to bind or to act on behalf of the
other except as specifically set out in this Agreement.
7. SUBCONTRACTORS: ACT may use subcontractors to perform part or all of the
services described in this Agreement but shall remain responsible for the
obligations assumed by ACT in this Agreement.
8. EXCLUSIVITY: This Agreement does not establish an exclusive relationship
between the parties with respect to the provision of services described
herein.
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9. TRADEMARKS: Nothing in this Agreement shall grant, suggest or imply any
authority for one party to use the name, trademarks, service marks, or
trade names of the other for any purpose whatsoever.
10. MARKETING MATERIALS: Each party agrees to submit to the other, for written
approval prior to any use, all advertising, sales promotion, press releases
and other publicity matters relating to marketing of the services described
in this agreement, when the other party's name or trademarks are used in
the marketing materials. Each party agrees not to publish or use such
advertising, sales promotions, press releases, or publicity matters without
such prior written approval. Any approval required under this Section shall
not be unreasonably withheld or delayed.
11. PUBLICITY: Any news release, public announcement, advertising or any form
of publicity pertaining to this Agreement, provision of services pursuant
to it, or association of the parties with respect to the subject of this
Agreement shall be subject to prior written approval of both parties.
12. RIGHT TO AUDIT: GTE may, at its expense, audit ACT's books and records for
the purpose of verifying the accuracy of the commission amounts paid by ACT
as described in section 2, above. Such audit must be made by a certified
public accountant or certified public accounting firm, during ACT's regular
business hours, and upon at least 30 day's written notice. Such an audit
may be conducted no more than two times in any calendar year. GTE may
conduct a final audit no later than 12 months following termination of this
Agreement. This audit right shall extend to the books and records of any
subcontractors use by ACT in performance of this Agreement. In making any
subcontractor agreements, ACT shall obtain for GTE a right to conduct these
audits.
13. RESOLUTION OF DISPUTES:
13.1 The parties desire to resolve disputes arising out of this Agreement
without litigation. Accordingly, except for action seeking a
temporary restraining order or an injunction related to the purposes
of this Agreement, or suit to compel compliance with this dispute
resolution process, the parties agree to use the following dispute
resolution procedure as their sole remedy with respect to any
controversy or claim arising out of or relating to this Agreement or
its breach.
13.2 At the written request of a party, each party will appoint a
knowledgeable, responsible representative to meet and negotiate in
good faith to resolve any dispute arising under this Agreement. The
parties intend that these negotiations be conducted by non-attorney,
business representatives. The location, format frequency, duration,
and conclusion of these discussions shall be left to the discretion
of the representatives. Upon agreement, the representatives may
utilize other alternative dispute resolution procedures such as
mediation to assist in the negotiations. Discussions and
correspondence among the representatives for purposes
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of these negotiations shall be treated as confidential information
developed for purposes of settlement, exempt from discovery and
production, which shall not be admissible in the arbitration
described below or in any lawsuit without the concurrence of all
parties. Documents identified in or provided with such
communications, which are not prepared for purposes of the
negotiations, are not so exempted and may, if otherwise admissible,
be admitted in evidence in the arbitration or lawsuit
13. 3 If the negotiations do not resolve the dispute within sixty (60)
days of the initial written request, the dispute shall be submitted
to binding arbitration by a single arbitrator pursuant to the
Commercial Arbitration Rules of the American Arbitration
Association, as modified by this subsection. A party may demand such
arbitration in accordance with the procedures set out in those
rules. Discovery shall be controlled by the arbitrator and shall be
permitted to the extent set out in this section. Each party may
submit in writing to a party, and that party shall so respond to, a
maximum of any combination of thirty-five (35) (none of which may
have subparts) of the following: interrogatories, demands to produce
documents, or requests for admission. Each party is also entitled to
take the oral deposition of one individual of another party.
Additional discovery may be permitted upon mutual agreement of the
parties. The arbitration hearing shall be commenced within sixty
(60) days of the demand for arbitration. The arbitration shall be
held in a mutually agreeable location, but if the parties cannot
agree on a location, the arbitration will be held in Dallas, Texas.
The arbitrator shall control the scheduling so as to process the
matter expeditiously. The parties may submit written briefs. The
arbitrator shall rule on the dispute by issuing a written opinion
within thirty (30) days after the close of hearings. The arbitrator
shall have no power or authority to make awards or issue orders of
any kind except as permitted by this Agreement and substantive law,
and in no event shall the arbitrator have the authority to make any
award that provides for punitive or exemplary damages. The
arbitrator's decision shall follow the plain meaning of this
Agreement and the relevant documents. The times specified in this
section may be extended upon mutual agreement of the parties or by
the arbitrator upon a showing of good cause. Judgment upon the award
rendered by the arbitrator may be entered in any court having
jurisdiction.
13.4 Each party shall bear its own costs of these procedures. The parties
shall equally split the fees of the arbitration and the arbitrator.
14. NO OTHER WARRANTIES: EXCEPT AS SPECIFICALLY STATED IN THIS AGREEMENT,
NEITHER PARTY MAKES ANY WARRANTY TO THE OTHER WITH RESPECT TO ANY
EQUIPMENT, PRODUCT OR SERVICE. EACH PARTY DISCLAIMS ANY OTHER WARRANTY,
EXPRESS OR IMPLIED, AND EXPRESSLY DISCLAIMS ANY IMPLIED WARRANTY OF
MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, WITH
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RESPECT TO ALL EQUIPMENT, PRODUCTS AND SERVICES TO BE SUPPLIED BY EITHER
PARTY TO THE OTHER.
15. LIMITATION OF LIABILITY: WITH RESPECT TO CLAIMS ARISING OUT OF THIS
AGREEMENT, EITHER PARTY'S LIABILITY, WHETHER IN CONTRACT, TORT OR
OTHERWISE, SHALL BE LIMITED TO DIRECT DAMAGES, AND NEITHER PARTY SHALL BE
LIABLE FOR INCIDENTAL, CONSEQUENTIAL, OR SPECIAL DAMAGES, NOTWITHSTANDING
THEIR FORESEEABILITY OR DISCLOSURE BY ONE PARTY TO THE OTHER.
16. INDEMNIFICATION:
16.1 Each party agrees to indemnify, defend and hold the other harmless
from all losses, claims, demands, damages, expenses, suits or other
actions, or any liability whatsoever, including, but not limited to
costs and attorney's fees, brought against the indemnified party for
any bodily injury, including death, or damage to property
proximately caused by the indemnifying party arising out of
performance under this Agreement.
16. 2 The indemnified party agrees to notify the other party promptly, in
writing, of any written claims, lawsuits, or demands for which it is
claimed that the indemnifying party is responsible under this
Section and to cooperate in every reasonable way to facilitate
defense or settlement of claims. The indemnifying party shall have
complete control over defense of the case and over the terms of any
proposed settlement or compromise thereof. The indemnifying party
shall not be liable under this Section for settlement by the
indemnified party of any claim, lawsuit, or demand, if the
indemnifying party has not approved the settlement in advance,
unless the indemnifying party has had the defense of the claim,
lawsuit, or demand tendered to it in writing and has failed to
assume such defense. In the event of such failure to assume defense,
the indemnifying party shall be liable for any reasonable settlement
made by the indemnified party without approval of the indemnifying
party.
17. COMPLIANCE WITH LAW: The parties shall comply with all federal, state and
local laws and regulations applicable to their performance as described in
this Agreement.
18. DELAYED PERFORMANCE: If performance of this Agreement is prevented,
restricted or interfered with by reason of acts of God, wars, revolution,
civil commotion, acts of public enemy, embargo, acts of government in its
sovereign capacity, labor difficulties, including without limitation,
strikes, slowdowns, picketing or boycotts, or any other circumstances
beyond the reasonable control and not involving any fault or negligence of
the party affected, the party affected, upon giving prompt notice to the
other party, shall be excused from such performance on a day-to-day basis
during the continuance of such prevention, restriction, or interference
(and the other party shall likewise be excused from performance of its
obligations on a day-to-day basis during the same period),
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provided, however, that the party so affected shall use its best reasonable
efforts to avoid or remove such causes of nonperformance and both parties
shall proceed immediately with the performance of their obligations under
this Agreement whenever such causes are removed or cease. If force majeure
condition continues for more than 30 days, then the party affected may
terminate this Agreement upon 15 calendar days notice to the other.
19. INDEPENDENT CONTRACTORS: The persons provided by each party shall be
solely that party's employees and shall be under the sole and exclusive
direction and control of that party. They shall not be considered
employees of the other party for any purpose. Each party shall remain an
independent contractor with respect to the other and shall be responsible
for compliance with all laws, rules and regulations involving, but not
limited to, employment of labor, hours of labor, health and safety, working
conditions and payment of wages. Each party shall also be responsible for
payment of taxes, including federal, state and municipal taxes, chargeable
or assessed with respect to its employees, such as Social Security,
unemployment, workers compensation, disability insurance, and federal and
state withholding. Each party shall indemnify the other for any loss,
damage, liability, claim, demand, or penalty that may be sustained by
reason of its failure to comply with this provision.
20. PROPRIETARY INFORMATION:
20.1 All business information and materials containing business information
provided by one Party to the other, including, but not limited to
lists of present or prospective customers, customer requirements,
methods of operation, management information reports, pricing policies
and price lists, contracts with customers, business plans and
strategies, and similar information, whether provided in writing or
orally, and other written materials that are marked as proprietary or
confidential, shall be Confidential Information under this Agreement.
Such Confidential Information is and shall remain the exclusive
property of originating party. The receiving party shall keep such
Confidential Information confidential and shall retain it in strictest
confidence. Such Confidential Information may be disclosed only to
those employees of a party who have a need to know the Confidential
Information in order to perform services pursuant to this Agreement.
Confidential Information may not be disclosed to any other person or
entity without the advance written consent of the originating party.
The receiving party shall use confidential information only for
purposes related to this Agreement.
20.2 The foregoing obligations shall not apply to any Confidential
Information lawfully in a party's possession prior to its acquisition
from the disclosing party; that was received in good faith from a
third party not subject to any confidential obligation to the
originating party; that was independently developed without benefit of
disclosures made pursuant to this Agreement; or that now is or later
becomes publicly known through no breach of confidential obligation by
the disclosing party.
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20.3 If a party receives a request to disclose any Confidential Information
(whether pursuant to a valid and effective subpoena, an order issued
by a court or other governmental authority of competent jurisdiction
or otherwise) on advice of legal counsel that disclosure is required
under applicable law, the party receiving the request agrees that
prior to disclosing any information, it shall (i) notify the other
party of the existence and terms of such request or advice, (ii)
cooperate with the other party in taking legally available steps to
resist or narrow any such request or to otherwise eliminate the need
for such disclosure, if requested to do so by the other party, and
(iii) if disclosure is required, use its best efforts to obtain a
protective order or other reliable assurance that confidential
treatment will be afforded to such portion of the Confidential
Information as is required to be disclosed.
20.4 The specific terms of this Agreement, but not the general nature or
the existence of this Agreement or the services provided by the
parties, shall be confidential Information. Each party agrees not to
provide copies of this Agreement, or otherwise disclose the specific
terms of this Agreement, to any third party without the prior written
consent of the other party; provided, however, that either party may,
without obtaining the other's consent, provide copies or make
disclosures to prospective purchasers of the business of that party
and to affiliates of the party. Filings with the SEC, if clearly
required, are not covered by this section.
20.5 The obligation of confidentiality and use with respect to Confidential
Information shall survive for a period of two years after termination
of this Agreement.
21. LIMITATION ON ACTIONS: Except for indemnification related cause of action,
no action or demand for arbitration arising out of this Agreement may be
brought by a party more than two years after the cause of action has
accrued. The parties waive the right to invoke any different limitation on
the bringing of actions under state law.
22. ASSIGNMENT: Neither party may assign this Agreement without the other
party's written consent, except that either party may assign this Agreement
to an affiliate or successor (whether by Sale, merger, reorganization or
consolidation) without consent, but with prior written notification.
23. SUCCESSORS: This Agreement shall be binding on and inure to the benefit of
the respective successors and permitted assigns of the parties.
24. NOTICES: Notices required by this Agreement shall be in writing and shall
be sent by a method that obtains a written receipt. Notices shall be sent
to the following addresses until such addresses are changed by written
notice.
To GTE:
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GTE Network Services
Attn: Xxxxx Xxxxx HQW03G66
000 Xxxxxx Xxxxx
Xxxxxx, XX 00000
Fax (000) 000-0000
To ACT:
ACT Videoconferencing, Inc.
Attn: Xxxxx Xxxxxxx
0000 Xxxx Xxxxxxxxx, Xxxxx 000
Xxxxxx, XX 00000-0000
Fax (000) 000-0000
25. GOVERNING LAW: This Agreement is to be governed and construed according to
the laws of the State of Texas.
26. NO WAIVER: Either party's failure to enforce any of the provisions of this
Agreement, or to exercise any right or option is not a waiver of any such
provision, right, or option, and shall not affect the validity of this
Agreement.
27. SURVIVABILITY: If any provision of this Agreement is held by a court,
arbitrator or governmental agency of competent jurisdiction to be
unenforceable, the rest of the Agreement shall remain in full force and
effect and shall not be affected unless removal of that provision results,
in the opinion of either party, in a material change to this Agreement. If
a material change as described in this paragraph occurs as a result of
action by a court, arbitrator or governmental agency, the parties shall
negotiate in good faith for replacement language. If replacement language
cannot be agreed upon within a reasonable period, either party may
terminate this Agreement without penalty or liability for such termination
upon written notice to the other party.
28. HEADINGS: The section headings and titles of this Agreement are for
convenience only and shall not be considered in its interpretation.
29. CONSENT: When consent, approval or mutual agreement is required of a
party, it shall not be unreasonably withheld or delayed.
30. NO THIRD PARTY RIGHTS: This Agreement does not provide and shall not be
construed to provide third parties with any remedy, claim, liability,
reimbursement, cause of action, or other right or privilege.
31. ENTIRE AGREEMENT: This Agreement, including exhibits, constitutes the
entire agreement of the parties pertaining to the subject matter herein and
supersedes all prior agreements, negotiations, and representations, whether
written or oral, concerning such subject matter. No representations or
warranties
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express or implied, have been made or relied upon in the making of this
Agreement other than those specifically contained in this Agreement.
IN WITNESS WHEREOF, the Parties have entered into this Agreement effective on
the date specified above.
GTE TELEPHONE OPERATING COMPANIES LISTED IN EXHIBIT 1
By: /s/ Xxxxxxx X. Xxxxxx
-----------------------
Name: Xxxxxxx X. Xxxxxx
-----------------------
Title: V.P./G.M. - Field Sales
-----------------------
ACT VIDEOCONFERENCING, INC.
By: /s/ Xxxx Xxxxxx
-----------------------
Name: Xxxx Xxxxxx
-----------------------
Title: Managing Director
-----------------------
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EXHIBIT 1
GTE Telephone Operating Companies
GTE Alaska Incorporated
GTE Arkansas Incorporated
GTE California Incorporated
GTE Florida Incorporated
GTE Hawaiian Telephone Company Incorporated
GTE Midwest Incorporated
GTE North Incorporated
GTE Northwest Incorporated
GTE South Incorporated
GTE Southwest Incorporated
Contel of Minnesota, inc. d/b/a GTE Minnesota
Contel of the South, Inc.
d/b/a GTE Systems of the South,
d/b/a GTE Systems of Indiana,
d/b/a GTE Systems of Michigan
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EXHIBIT 2
EQUIPMENT LIST
Dallas Operations
SERIAL
EQUIPMENT NUMBER SALES PRICE
-----------------------------------------------------------------
Ascend Max 4070061
PTel Concord 4500 451174
VTel LC 65004211
HP Vectra P90 w/Intel Prshe US61162922
ALLOCATED SALES PRICE 26,899
SELLING COMPANY: GTE XXXXXXXXX XXXXXXXXXXXX
XXXXXX XXXX XX, XXXXX
SERIAL
EQUIPMENT NUMBER SALES PRICE
-----------------------------------------------------------------
PTel MCU 1 D97498
PTel MCU 2 B113570
PTel MCU 3 B110117
VTEL MCU 1 70010215
TELEOS MODEL 200 EX200117
Ascend Max 1 6040353
Ascend Max 2 6403331
General Datacom Modem Shelf
Motorola Lifestyle 28.8 Modem
USR 33.6 Modem
USR 33.6 Modem
HP Vectra P90
HP Vectra P90
HP Vectra P90
Smart Jacks
ALLOCATED SALES PRICE 221,299
SELLING COMPANY: GTE SOUTHWEST INCORPORATED
00
Xxxx XX Xxxx XX, Xxxxxxxxxx
SERIAL
EQUIPMENT NUMBER SALES PRICE
-----------------------------------------------------------------
PTel MCU 1 B128406
PTel MCU 2 B128426
VTel MCU 1 70010357
VTel MCU 2 70010384
Teleos Model 200 EX200221
Ascend Max 1 6111642
Ascend Max 2 6290798
General Datacom Modem Shelf
Motorola Lifestyle 28.8 Modem
USR 33.6 Modem
USR 33.6 Modem
HP Vectra P90
HP Vectra P90
HP Vectra P90
Smart Jacks
ALLOCATED SALES PRICE 195,482
SELLING COMPANY: GTE CALIFORNIA INCORPORATED
WESTSIDE MAIN CO, FLORIDA
SERIAL
EQUIPMENT NUMBER SALES PRICE
-----------------------------------------------------------------
PTel MCU 1 B127035
VTel MCU 1 70010430
Teleos Model 200 EX200217
Ascend Max 1 6280420
General Datacom Modem Shelf
Motorola Lifestyle 28.8 Modem
USR 33.6 Modem
Smart Jacks
ALLOCATED SALES PRICE 106,515
SELLING COMPANY: GTE FLORIDA INCORPORATED
00
XXXXXXXXX XXXX XX, XXXXXX
SERIAL
EQUIPMENT NUMBER SALES PRICE
-----------------------------------------------------------------
PTel MCU 1 B1111882
Teleos Model 200 620.067
General Datacom Modem Shelf
Motorola Lifestyle 28.8 Modem
USR 33.6 Modem
HP Vectra P90
HP Vectra P90
Smart Jacks
ALLOCATED SALES PRICE 74,805
SELLING COMPANY: GTE NORTHWEST INCORPORATED
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