Document:

accesskey_ex1011.htm

    EXHIBIT
10.11

     

    D&H
DISTRIBUTING 

    SUPPLEMENTAL
VENDOR PURCHASE AGREEMENT

     

    This
agreement effective as of the   7   day of     March   ,
2009, by and between D&H DISTRIBUTING
CO. a Pennsylvania company with its principal place of business at 2525 N.
7th Street,
Harrisburg, Pennsylvania, 17110 ("D&H"), and TeknoCreations, a company with
its
principal place of business at 8100 M4 Wyoming Suite 420, Albuquerque,
NM, 87113, ("Vendor")

     

    The
following terms and conditions apply to D&H North America and, as
appropriate, its respective customers, including but not limited to Resellers,
Integrators, And Large Format Retailers, etc.

     

    STANDARD
TERMS: Net 45 

     

    LAUNCH TERMS: Net 60

     

    LARGE FORMAT RETAIL TERMS: Where D&H
sells vendors' product to Large Format Retailers, the total amount of the
obligation owing from D&H to Vendor shall be limited to and not exceed the
amount of on-hand inventory at any point in time
held by D&H or the large format retailers. The terms of this
Agreement and the obligations hereunder shall be binding on the parties upon the
receipt and acceptance by D&H of the inventory.

     

    DEFINITIONS: Large Format Retailer:
Including but not limited to CompUSA, Wal-Mart, Sam's
Club, Office Max, Office Depot, Staples, Circuit City, J&R Electronics
Boutique, Gamestop, BJ's, Amazon, Retail College Bookstores, and
others.

     

    FREIGHT: Freight cost and risk of loss
shall be the responsibility of the Vendor, F.O.B destination. Vendor will pay
any costs incurred with mis-shipments, including but not limited to, routing
guide violations. Vendor will reimburse D&H for all concealed
shortages.

     

    PRICE PROTECTION: If at any time Vendor
should reduce the purchase price of any product, D&H, any Large Format
Retailer, and any stocking reseller shall be entitled to full price protection
for on-hand and in-transit inventory. Full price protection will be credited to
D&H's account by Vendor by issuing a credit memo arrived at by using the
difference between last and new purchase price. If the price protection results
in a balance due and purchase owing by Vendor to D&H, and D&H does not
buy its way out of the credit balance within 30 days, then Vendor will issue a
check to D&H for the amount of the price protection due
D&H.

     

    PENALTY CHARGES: If Vendor is at fault, Vendor agrees to
reimburse D&H for any and
all penalties,
charge hacks, and fees charged by Large Format Retailers including, but
not limited to, product
shipments. If disputes arise and cannot be settled, the Retailers numbers
are final.

     

    
      
        
        

      

      
        Page 1 of
4

        
          

        

      

      
        
        

      

    

     

    STOCK
BALANCE/DISCONTINUED STOCK: D&H may
return excess inventory for credit. Vendor shall provide D&H with 30 days
advanced written notification of product discontinuation. Upon receipt of such
notice, D&H reserves the right to return product to Vendor for credit at
full purchase price. Vendor agrees to allow Large Format Retailers to stock
rotate inventory through D&H. Vendor is liable for any freight and fees
associated with said returns. Return authorizations must be provided to D&H
within 5 days of request.

     

    POST AUDIT PROVISION: If at any time a
large format retailer were to discover a discrepancy including, but not limited
to, price protections and shipments creating a legitimate claim on behalf of the
retailer, Vendor agrees to credit D&H to cover the large format retailer's
chargeback within 30 days of receiving supporting
documentation.

     

    LAUNCH FUNDS: Vendor will approve a 6
(Six) month MDF Marketing Launch Program which shall be agreed to, and
finalized, prior to initial product purchase.

     

    MARKETING FUNDS: 5% of net purchases or
$3000 per calendar quarter, whichever is greater

     

    All
marketing funds offered by Vendor to Large Format Retailers shall be in writing,
with a copy to
D&H; these funds are above and beyond D&H's Marketing Fund accrual.
These funds shall be
credited to D&H to be passed through to the Large Format
Retailer.

     

    D.O.A.: Vendor shall warrant all
products for a minimum period of one year (1 year) from date of sale to the end
user. D&H and Large Format Retailers (thru D&H) may return defective
product to Vendor for the length of the warranty for credit, not replacement or
repair. As appropriate, D&H will request an RMA number for defective
returns, which should be issued within 5 days from date of request. Vendor shall
pay all freight charges incurred with defective returns, including those from
Large Format Retailer to D&H.

     

    VOLUME REBATE: 2% of Net Purchases, to
he paid quarterly

     

    INSURANCE
COVERAGE AND INDEMNIFICATION:

     

    Vendor,
at its own expense, must: (a) defend, or at its option settle, any Claims
against D&H, and any large format retailer resulting from (i) Vendor's
breach of the Agreement, including but not limited to its representations and
warranties, (ii) a Product recall, (iii) claims that the Product(s)
caused personal injury, death or personal property damage, and (iv) claims that
the Product(s) infringe a third party's patent, trade secret, copyright,
trademark rights or other proprietary right where such rights are enforceable as
of the Effective Date; and (b) pay any award, damages or costs (including
reasonable attorneys' fees) finally awarded by a court of competent jurisdiction
or agree on in a settlement of any such Claim. D&H
agrees to use its best efforts to give Vendor prompt written notice of
any claims, to tender the defense to Vendor
and to grant Vendor the right to control settlement and
resolution.

     

    
      
        
        

      

      
        Page 2 of
4

        
          

        

      

      
        
        

      

       

      Vendor
shall purchase and maintain
a commercial general liability (occurrence) policy, which policy shall
include coverage for premises and operations; products; contractual liability;
broad form property damage, and personal injury liability. The policy shall have
a combined single limit for bodily injury and property damage of $1,000,000 each
occurrence; $1,000,000 for
personal
injury liability; $2,000,000 aggregate for products; and $5,000,000 general
aggregate. D&H
Distributing Co. shall be named as an additional insured tinder this policy and
Vendor shall provide D&H a Certificate as evidence of
such.

    

     

    The
respective rights and obligations of the parties under this paragraph shall
survive any termination
of this Vendor Agreement.

     

    CONFIDENTIALITY: During
the course of
this
agreement each party may disclose
to the other certain
Confidential Information. Such information shall be identified as confidential
or by similar
designation at the time of disclosure and shall include but not be limited to
lists of actual or
prospective customers, financial and business information. Each party agrees
that during and after the
term of this agreement that it shall not divulge, use, sell, exchange,
giveaway or transfer in any way Confidential
Information.

     

    GOVERNING LAW: Pennsylvania
law without regard to its conflict of law provisions shall govern
the interpretation and enforcement of this Agreement, and all matters
arising out of or relating to it. Dauphin County, PA shall
be the appropriate venue and jurisdiction of all controversies. Vendor
submits to jurisdiction in Pennsylvania.

     

    EFFECTIVE
DATE OF CONTRACT: This
agreement shall commence upon both parties' execution and remain in
effect until
terminated, with or without cause, by either party with 60 days' written
notice. Any insolvency, adjudication of bankruptcy, filing of voluntary or
involuntary petition in bankruptcy, or any assignment for the benefit of
creditors, by or against Vendor,
shall be a breach of this Agreement and D&H shall be entitled,
upon notice of such action, to immediately terminate this
Agreement.

     

    TERMINATION
BUYBACK: In the event of termination, Vendor agrees to repurchase
D&H's entire inventory, as well as any Large Format Retailer's inventory, of
both original factory sealed products and defective products at full purchase
price. Upon the repurchase, Vendor will pay any fees, including but not limited
to, freight costs incurred with the return shipments. Repurchase of inventory
shall be affected within 30 days of D&H's request and D&H
may offset any indebtedness of D&H to Vendor with this repurchase.
Upon credit being issued to and received into the D&H account, Vendor shall
promptly process a check within 30 days to D&H for the remaining balance. In
the event of termination by either party, Vendor will not withhold defective
return authorizations.

     

    
      
        
        

      

      
        Page 3 of
4

        
          

        

      

      
        
        

      

    

     

    RETURNS
AFTER TERMINATION: D&H may return any product to Vendor for credit
against outstanding invoices or for cash refund if no invoices are outstanding,
for a period of 180 days following the expiration or earlier termination of this
agreement. Any credit for refund due D&H for returned product shall be equal
to the full purchase price of the product. Vendor will pay for any costs
associated with
return shipments including, but not limited to, freight
costs.

     

    DISPUTE
RESOLUTION: The
parties will initially attempt to resolve any claim or controversy arising
out of this Agreement through negotiation or non-binding mediation. Any dispute
that cannot be
amicably resolved within 90 days of the date of the initial notice of dispute
may be submitted
to the state courts of Pennsylvania for resolution. The parties consent
to the jurisdiction of the Pennsylvania courts. This provision shall not
preclude either party from resorting to judicial proceedings if good faith
efforts to resolve the dispute under mediation are
unsuccessful.

     

    This
Agreement constitutes the entire Agreement between the parties regarding its
subject matter.
This Agreement supersedes any and all previous proposals, representations or
statements,
oral or written. Any previous agreements between the parties pertaining
to the subject matter of this Agreement are expressly terminated. Any
modifications to this Agreement must be in writing and signed by authorized
representatives of both parties. Notwithstanding any other provision in this
agreement to the contrary, D&H shall not be deemed in default under this
agreement if it withholds any payment to Vendor because of a legitimate dispute
between the parties.

     

    Each
party represents that they are duly authorized to enter into this Agreement on
be, if of their respective Corporations

     

    
    

     

    
      	/s/
      Mark
      Kasok                                                    
      	/s/
      Michael
      Schwab                                                   
	(Signature) 	(Signature) 
	 	 
	Mark
      Kasok, VP Sales and
      Marketing              
      	Michael
      Schwab, VP of
      Purchasing                        
	(Please
      Print) 	 
	 	 
	DATE:   
      3/7/08                                                     
      	DATE:    3/26/08                                                          
      

    

     

     

     

     

    Page 4 of
4accesskey_ex1012.htm

    EXHIBIT
10.12

     

    DISTRIBUTION AGREEMENT

     

    Distribution
Agreement dated [    March 12, 2008    ],
between

     

    JACK OF
ALL GAMES (Canada) Inc. (herein after referred to as the “Distributor”)

     

    a
division of Take-Two Interactive Software Canada Inc.

    1025
Tristar Drive

    Mississauga,
Ontario, Canada L5T 1W5

    Tel:
905-795-3181 Fax: 905-795-3237

    email:

     

    - and
-

    
    

     

    
      	TeknoCreations
    Inc	
              (herein
      after referred

              
                to
      as the

                “Manufacturer”)

              

            

    

     

    
      	
              Address:

            	8100
      M4 Wyoming NE #240
	 
      	Albuqurque
      NM 87113
	
              Phone:

            	505-404-1776
	
              Fax:

            	603-218-7387
	
              Email:

            	mkasok@teknocreations.com
	
              Contact:

            	Mark
      Kasok
	
              Credit
      Limit:

            	 

    

    

    The
'Addendum to JACK OF ALL GAMES (Canada) Inc., Vendor Program'  (the
“VENDOR PROGRAM”) forms part of this agreement and to the extent that the terms
or conditions in the Addendum are in conflict with the terms or conditions in
this Agreement, the terms and conditions in the Addendum will
govern.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    RECITALS:

     

    
      	
              (a)

            	
              Manufacturer
      produces a range of products including those known and marketed under the
      brand name [Teknovault
      and InCharge], as well as others
      known and marketed under various names, including any and all affiliate
      labels and companies (collectively, the “Products”);
      and

            

    

     

    
      	
              (b)

            	
              Manufacturer
      has agreed to retain Distributor as the non-exclusive distributor of
      Manufacturer in Canada and Distributor has agreed to act in such capacity
      for Manufacturer in such territory on and subject to the terms and
      conditions set forth in this
Agreement.

            

    

     

    In
consideration of the foregoing and the mutual agreements contained herein (the
receipt and adequacy of which are acknowledged), the parties agree as
follows:

     

    Section 1  Appointment.

     

    Subject
to the terms and conditions of this Agreement, Manufacturer appoints Distributor
as the non-exclusive distributor of Manufacturer in Canada and Distributor
accepts such appointment, for the purpose of distributing, marketing and selling
the Products in Canada.

     

    Section 2  Sale
of Products by Manufacturer.

     

    Distributor
shall not describe or hold itself out as an agent of Manufacturer, nor describe
itself other than as a distributor of Manufacturer.

     

    Section 3  Supply
of Products by Manufacturer.

     

    
      	
              (1)

            	
              During
      the term of this Agreement, Manufacturer shall use its reasonable efforts
      to supply Distributor with its Product requirements, and to communicate
      any out of stocks or unusual delays in supply to Jack of All Games Canada
      immediately.  Manufacturer shall supply, at no charge, samples
      as needed of each Product to Distributor for use by Distributor’s sales
      force.

            

    

     

    
      	
              (2)

            	
              Manufacturer
      represents and warrants that all Products delivered to Distributor (i)
      will be subject to Manufacturer’s standard warranty terms as such are
      communicated in writing to Distributor from time to time and (ii) will be
      in compliance with all applicable laws, including intellectual property
      infringements, and regulatory requirements, including without limitation,
      health and safety requirements, packaging and labelling requirements,
      French language requirements, and country of origin
      requirements.  In the event that any Product does not comply
      with such requirements, such Product shall be returned to Manufacturer for
      a full credit at Manufacturer’s expense and Manufacturer shall indemnify
      Distributor for any loss, liability, claim, fines, penalties, charges,
      damage (including incidental and consequential damage) or expense (whether
      or not involving third-party claim) including legal expenses (collectively
      “Damages”)
      suffered by Distributor arising out of such failure to
    comply.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              (3)

            	
              Manufacturer
      will use best efforts to inform Distributor in writing of the planned
      discontinuation of any product at least 30 days in advance. Once a product
      has been designated as discontinued Distributor will be entitled to either
      price protection to allow for the quick sell through of existing products
      at retail or to return goods at the last purchased price for up to six
      months after the notice of
discontinuation.

            

    

     

    Section 4  Return of Products (see Vendor
Program addendum to JACK OF ALL GAMES, Inc., Vendor Program).

     

    Section 5  Payment
and Setting of Prices.

     

    
      	
              (1)

            	
              Manufacturer
      shall provide Distributor with an invoice in respect of each order made by
      Distributor.  Payment terms are 2% 10, Net 45 days ROG,
      Mississauga.  Distributor
      reserves the right to withhold accounts payable equal to the combined
      value of the inventory from Manufacturer to Distributor in both the
      Distributor and Retailer’s possession to offset inventory
      risk.  Such payments not to be unreasonably
      withheld.

            

    

     

    
      	
              (2)

            	
              Manufacturer
      shall have complete discretion to set all prices to be paid by Distributor
      for the Products and reserves the right to change the prices of the
      Products at any time or from time to time on 30 days prior written notice
      to Distributor.  Price increases may result in retailers
      discontinuing a SKU(s).  Manufacturer accepts that a retailer(s)
      may return all products from Vendor if retail price(s) are increased, and
      Distributor has undisputed right to return this product to the
      Manufacturer.

            

    

     

    
      	
              (3)

            	
              Manufacturer
      agrees to Price Protect Distributor’s on hand inventory, as well as all
      unsold inventory in Distributor’s Customers inventory, as well as any
      inventory in transit in the event of a price drop by the
      Manufacturer.

            

    

     

    Section 6  Credit.

     

    
      	
              (1)

            	
              In
      the event that a net credit balance exists, Manufacturer will pay such
      amount to Distributor within 60 business days of a request by
      Distributor.

            

    

     

    Section 7  Orders
and Shipping.

     

    
      	
              (1)

            	
              All
      orders by Distributor for Products shall be sent by facsimile, or EDI to
      Manufacturer at its offices specified above.   All orders
      shall be verified by Manufacturer by return facsimile or email within 72
      hours of receipt.  Verification shall specify the expected
      shipping date as well as any back ordered
      Products.  Manufacturer will ship available Products within 72
      hours of receipt of a purchase
order.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              (2)

            	
              Manufacturer
      will pay all costs related to the transportation of the Products and any
      related materials to Distributor’s warehouse in Mississauga, Ontario,
      including without limitation, costs of transportation, terminal fees,
      duties and tariffs.  Distributor shall pay all similar costs
      related to Product returns by
Distributor.

            

    

     

    
      	
              (3)

            	
              Title
      and risk of loss with respect to a shipment of Products shall pass to
      Distributor once such shipment of Products is unloaded, and verified as
      correct, at Distributor’s warehouse in Mississauga,
    Ontario.

            

    

     

    Section 8  Trademarks.

     

    Manufacturer
grants to Distributor the right to use the names and/or trademarks [Teknovault and InCharge], “THE MARKS” in connection with the
distribution, promotion and sale of the Products in
Canada.  Distributor agrees to comply with all instructions of
Manufacturer relating to the form and manner in which such names and trademarks
shall be used and refrain from contesting the title of Manufacturer to such
names and/or trademarks.  Distributor acknowledges that Manufacturer
is the owner of such names and/or trademarks and that nothing in this Agreement
shall give Distributor any ownership or other interest in such names and/or
trademarks or the goodwill associated therewith.

     

    Section 9  Term
of Agreement and Termination.

     

    The term
of this Agreement shall commence on mutual signature.  This Agreement shall
renew at the end of the initial term and each renewal term for an additional 12
month period unless notice is provided by either party to the other at least
sixty (60) days prior to the end of the applicable term. This agreement may be
modified through an addendum, upon mutual agreement, to reflect changes, cost
realities, or opportunities in the marketplace. This Agreement may be terminated
with or without cause at any time by either party by giving sixty (60) days
written notice to the other party.  Upon the termination or expiration of
this Agreement, Distributor shall have the right to return to Manufacturer all
or any portion of the Product for a full refund.

     

    Section 10  Force
Majeure.

     

    Manufacturer
shall not be responsible for delays or failures of deliveries or for losses or
damages resulting from force majeure, including without limitation, industrial
disputes, riots, mobs, fires, floods, wars, embargo, shortages of labour, power,
fuel, means of transportation or general lack of necessities (whether relating
to Manufacturer or its suppliers or subcontractors) or resulting from
regulations or order of any government or governmental agency or any other
circumstance beyond the control of Manufacturer.  Should deliveries be
delayed more than 90 days due to force majeure, Distributor may cancel any of
Manufacturer’s orders for deliveries so delayed without incurring any liability
towards Manufacturer or any other person.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Section 11  Notices.

     

    Any
notice, direction or other communication permitted to be given under this
Agreement shall be in writing and given by delivering it or sending it by
facsimile to the address on the first page of this Agreement.  Any
such communication shall be deemed to have been validly and effectively given
(i) if personally delivered, on the date of such delivery if such date is a
business day and such delivery was made prior to 4:00 p.m. (Eastern Standard
Time) and otherwise on the next business day, or (ii) if transmitted by
facsimile or similar means of recorded communication on the business day
following the date of transmission.  Any party may change its address
for service from time to time by notice given in accordance with the foregoing
and any subsequent notice shall be sent to such party at its changed
address.

     

    Section 12  No
Joint Venture.

     

    Nothing
in this Agreement shall be construed to constitute either party as the partner,
joint venturer, agent, employee or affiliate of the other, it being intended
that the parties shall remain independent contractors and neither party shall be
liable for the obligations, liabilities or representations of the
other.

     

    Section 13  Disputes.

     

    In the
event any dispute, claim, question or difference arises with respect to this
Agreement or its performance, enforcement, breach, termination or validity, the
Parties shall use their best efforts to settle the dispute.  To this
end, they shall consult and negotiate with each other, in good faith and
understanding of their mutual interests, to reach a just and equitable solution
satisfactory to both Parties.  Any controversy, claim or dispute
arising from or in connection with or referring to this Agreement or the breach,
invalidity or termination thereof which cannot be resolved by the parties within
30 days of such dispute arising shall be settled by one arbitrator appointed
pursuant to the agreement of the parties.  The arbitration shall take
place in New York, NY.  For greater certainty, the parties expressly
state that the arbitrator shall have the power to determine all questions of
law, facts, facts and law and procedure and shall make all original
determinations as to his own jurisdiction.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Section 14  Gender
and Number.

     

    Any
reference in this Agreement to gender includes all genders and words importing
the singular number only shall include the plural and vice versa.

     

    Section 15  Headings
etc.

     

    The
division of this Agreement into Sections and the insertion of headings are for
the convenient reference only and are not to affect its
interpretation.

     

    Section 16  Currency.

     

    All
references in this Agreement to dollars, unless otherwise specifically
indicated, are expressed in USD currency.

     

    Section 17  Amendments.

     

    This
Agreement may only be amended or otherwise modified by written agreement
executed by Manufacturer and Distributor.

     

    Section 18  Waiver.

     

    No waiver
of any of the provisions of this Agreement shall be deemed to constitute a
waiver of any other provision (whether or not similar); nor shall such waiver be
binding unless executed in writing by the party to be bound by the
waiver.  No failure on the part of Manufacturer or Distributor to
exercise, and no delay in exercising any right under this Agreement shall
operate as a waiver of such right; nor shall any single or partial exercise of
any such right preclude any other or further exercise of such right or the
exercise of any other right.

     

    Section 19  Entire
Agreement.

     

    This
Agreement constitutes the entire agreement between the parties and supersedes
all prior agreements, understandings, negotiations and discussions, whether oral
or written, of the parties.  There are no representations, warranties,
conditions or other agreements, express or implied, statutory or otherwise,
between the parties in connection with the subject matter of this Agreement,
except as specifically set forth herein and Manufacturer and Distributor have
not relied and are not relying on any other information, discussion or
understanding in entering into and completing the transactions contemplated by
this Agreement.   The 'Addendum to JACK OF ALL GAMES (Canada)
Inc., Vendor Program'  (the “VENDOR PROGRAM”) forms part of this
agreement and to the extent that the terms or conditions in the Addendum are in
conflict with the terms or conditions in this Agreement, the terms and
conditions in the Addendum will govern.

     

    (a)
Assignment.

     

    This
Agreement shall be binding upon and enure to the benefit of Manufacturer and
Distributor and their respective successors, heirs, personal representatives and
permitted assigns.  Distributor may not assign its right or
obligations under this Agreement without the prior written consent of
Manufacturer, which consent may be not be unreasonably or arbitrarily
withheld.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Section 20  Severability.

     

    If any
provision of this Agreement shall be deemed by an arbitrator or any court of
competent jurisdiction to be invalid or void, the remaining provisions shall
remain in full force and effect.

     

    Section 21  Authorized
Representatives.

     

    The
parties executing this Agreement warrant that they have the requisite authority
to do so.

     

    Section 22  Governing
Law.

     

    This
Agreement shall be governed by and interpreted and enforced in accordance with
the laws of the Province of Ontario and the federal laws of Canada applicable
therein.

     

    Section 23  Counterparts.

     

    This
Agreement may be executed in any number of counterparts and all such
counterparts taken together shall be deemed to constitute one and the same
instrument.

     

    IN WITNESS WHEREOF the parties
have executed this Agreement.

     

     

    
      
        	 	JACK OF ALL GAMES (Canada)
      Inc.	 
	 	 	 
	 	
                a
      division of Take-Two Interactive Software Canada Inc.

              	 
	 	 	 	 
	
                
                  By:
      /s/ Mark
      Kasok                                      

                

              	
                By:
      

              	/s/ Jim
      McKinnon                                 	 
	Authorized Signing
      Officer	 	Authorized
      Signing Officer	 
	Print Name: Mark
      Kasok	 	 	 
	 	 	 	 
	 	 	
                Jim
      McKinnon, Vice President of Operations.

              	 
	
                Title:
      VP Sales & Marketing

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