Document:

ex10-27.htm

     Exhibit
10.27 

     

     DELL 

     Volume
Purchasing Agreement 

    

     Between 

    

     Dell
Marketing,
L.P.                                                                                                Vemics
Inc. 

     One
Dell
Way                                                       and              
                      
      3600 Bee Caves Rd. Ste 216 

     Round
Rock, TX
78682                                                                                          Austin,
Texas 78746 

     “Dell”                         
                                                                                              “Customer” 

     Customer
No.                           TBD 

     Customer Point 

     of
Contact                                Tom
C. Dorsett 

        President of
Healthcare Solutions 

     Telephone                                877.549.5100 

     Fax                                      
      512.233.5190 

     Email                                          tdorsett@vemics.com 

    

     1.           INTRODUCTION
AND SCOPE 

    

     As of
the date of Dell's signature, the ("Effective Date"), this Agreement, including
attachments and the terms and conditions of our service programs, if applicable,
the ("Agreement") governs the purchase by Vemics Inc., ("Customer") and
sale by Dell Marketing,
L.P. ("Dell") of computer hardware and related products, including
software licensing arrangements specified in this Agreement ("Products") and
services provided by Dell, enumerated in the standard service descriptions set
forth at http://www.dell.com/us/en/gen/services/service_service_contracts.htrn
("Services"). "Customer" shall include any affiliate of Customer who places an
order hereunder, and "Dell" shall include any affiliate of Dell with whom an
order is placed. Purchases of Products and Services in this Agreement shall be
for Customer's internal use only and not for resale purposes. In instances where
Customer purchases through a reseller or distributor, final prices and terms and
conditions of sale and service will be as agreed between Customer and the
independent third party from whom Customer purchases such Products. Dell is not
a party to such contractual relationships. 

    

     2.
QUOTES, ORDERING AND PAYMENT 

    

    
      	
               2.1 

            	
               Obtaining Quotes.
      Customer may request a quote online from a web-site personalized for
      Customer, if available, or directly from Customer's Dell sales
      representative. Dell's written quotes are binding on Dell to the extent
      indicated therein or as otherwise agreed by the
    parties. 

            

    

    

    
      	
               2.2 

            	
               Ordering On-line. If
      Customer orders on-line, Dell will issue to Customer user names and
      passwords the ("Purchase Codes"). By accepting and using the Purchase
      Codes, Customer acknowledges the validity of an electronic order, which
      shall be deemed to be a writing for all purposes hereunder, and agrees to
      be responsible for full payment of any Products or Services ordered using
      Customer's Purchase Codes. Customer is responsible for keeping the
      Purchase Codes confidential and controlling their
  use. 

            

    

    

    
      	
               2.3 

            	
               Orders. All orders must
      specify Dell's quotation (if any), and reference the Product model number,
      Services, options and quantities for each Product or Service ordered,
      requested shipment dates and shipping and invoice addresses. Customer
      agrees to place orders through the use of electronic online ordering,
      unless otherwise agreed by Customer and Dell, in which case such orders
      may be placed in writing, by telephone or by facsimile transmission.
      Telephone orders must be confirmed in writing or by facsimile. All orders
      are subject to acceptance by Dell. Customer may change or cancel an order
      up until the time Dell begins manufacturing the Products. Neither Dell nor
      Customer is bound by any terms and conditions imprinted on or embedded in
      orders, order acknowledgments or other communications between the parties
      relating to orders. 

            

    

    

    
      	
               2.4 

            	
               Orders by Affiliates.
      Customer's corporate parent, subsidiaries and affiliates that are majority
      owned by Customer, or its parent, or are under voting control of such
      entities and/or related companies, or that are related governmental
      entities permitted by statue or other governmental action to procure under
      this Agreement (collectively, "Affiliates"), may order Products or
      Services under this Agreement. Unless otherwise agreed in writing, any
      affiliate or governmental entity that submits an order to Dell or an
      affiliate of Dell shall have thereby agree to abide by the terms of this
      Agreement. Dell, in its sole discretion, may discontinue selling Products
      or Services to any Affiliate or may require additional payment and/or
      credit conditions for such
Affiliate. 

            

    

    

    
      	
               2.5 

            	
               Prices. The prices for
      Products are Dell's then-current public retail prices less Customer's
      applicable discount as specified in Attachment 1. Dell reserves the right
      to change retail prices at any time for any reason. Such prices are
      subject to shortages in materials, increases in the cost of manufacturing
      materials or components or other factors beyond
      the reasonable control of Dell. The prices charged for Services purchased
      under this Agreement will be Dell's then current charges for such Services
      as set forth on Dell's quotation or the amount set forth on the relevant
      Statement of Work ("SOW") relating to such
      Services. 

            

    

    

    
      
         

      

      
         1 

        
          

        

      

      
         

      

    

    

    
      	
               2.6 

            	
               Deli Standard Pricing Discount
      Policy. Unless the customer and Dell have agreed to a different
      discount, Dell's standard pricing policy for Dell-branded systems, which
      include both hardware and services in one discounted price, allocates the
      discount off list price applicable to the service portion of the system to
      be equal to the overall calculated percentage discount off list price on
      the entire system. 

            

    

    

    
      	
               2.7 

            	
               Additional Fees; Taxes.
      Dell's prices do not include, and Customer is responsible for paying
      freight charges, insurance. Except for Dell's franchise taxes and taxes on
      Dell's net income, Customer is responsible for any sales and all other
      taxes associated with the transaction, and the taxes will be shown on
      Dell's invoice. If Customer provides Dell a valid tax exemption
      certificate. Dell will not invoice Customer for the affected
      taxes. 

            

    

    

    
      	
               2.8 

            	
               Invoicing and Payment.
      Customer's payment terms will be net thirty (30) days from the date of
      invoice, subject to continuing credit approval by Dell. The invoice date
      will not be earlier than the shipment date from Dell's facility for the
      Products invoiced. Additional charges may apply if Customer requests
      Services that are performed outside contracted hours or are beyond the
      normal coverage for the particular Service. Customer will reimburse Dell.
      for all actual, reasonable, documented out-of-pocket expenses, including
      travel expenses that Dell incurs at Customer's request. For invoices not
      paid within thirty days of the invoice date, Dell reserves the right to
      charge Customer a late penalty charge of one percent (1%) per month
      applied against undisputed overdue amounts. In addition, Dell may, without
      waiving any other rights or remedies to which it may be entitled, refuse
      to ship ordered Products and may seek collection from Customer of any
      unpaid amounts, including reasonable legal fees and costs of
      collection. 

            

    

    

    
      	
               2.9 

            	
               Shipping; Delivery;
      Title. When Dell accepts an order, Dell will provide Customer with
      an estimated ship date or dates for all Products ordered. Title to the
      Products, except for software that is subject to licensing agreements (see
      "Software Licensing" below), passes from Dell to Customer when Dell ships
      the Products from its manufacturing location. If Customer is not satisfied
      with the Products, it has the right to return them under the then current
      "Total Satisfaction" return policies described
  below. 

            

    

    

     Customer
may select from one of the two following shipping options: (1) Customer may
direct Dell to ship Products using Dell's designated carrier or (2) Customer may
designate another carrier. If Customer directs Dell to ship using Dell's
designated carrier, Dell will invoice Customer for shipping and handling costs,
and Dell will bear the risk of loss of or any damage to the Products during
shipping. If Customer directs Dell to ship using Customer's designated carrier,
Dell will ship Products via Customer's carrier, freight collect or freight
prepaid by Customer, and Customer will bear the risk of loss of or any damage to
the Products during shipping. 

    

     3.
DELL PRODUCTS, THIRD PARTY PRODUCTS AND TOTAL SATISFACTION
POLICY 

    

    
      	
               3.1 

            	
               Dell-Branded Products and Third
      Party Products. 'Dell-branded" means computer hardware products
      that are marked with the "Dell" brand, including all standard components
      thereof, but does not include any of the following items: (i) software,
      sound cards, speakers, external devices, accessories or parts added to the
      Dell-branded hardware products after they are shipped from Dell; (ii)
      accessories or parts added to the Dell-branded hardware products through
      Dell's Custom Factory Integration Services at Customer's request; (iii)
      accessories or parts that are not installed in the Dell factory; (iv)
      Third Party Software and Peripheral products; or (v) monitors, keyboards
      and mice, to the extent that they are not, included in Dell's products
      listed online. 

            

    

    

    
      	
               3.2 

            	
               Product Specification.
      Dell may revise or discontinue Product offerings at any time
      without prior notice to Customer. A change in a Product may occur between
      the time that Customer orders a Product and the time that Dell ships the
      Product. As a result, Products shipped may display minor differences from
      the Products Customer ordered, but they will meet or exceed all material
      specifications of the Products Customer ordered. In addition, Dell will
      meet with Customer quarterly to discuss product roadmaps on any
      configurations for which Customer receives special
      pricing. 

            

    

    
      	
               3.3 

            	
               Software Licensing. Dell
      may distribute software, including software licensed by third party
      software manufacturers or marketers, with the Products. All software
      distributed with the Products is subject to the license agreement provided
      with the software and is subject to third party warranties, if any.
      Customer agrees that Customer and all of Customer's end-users of the
      software are bound by, and will abide by, all such software licensing
      agreements. 

            

    

    

    
      	
               3.4 

            	
               "Total Satisfaction" Return
      Policy. Under Dell's "Total Satisfaction" Return Policy, as in
      effect from time to time, Dell-branded Products may be returned to Dell
      for a refund of the purchase price if already paid. A Credit Return
      Authorization Number must be requested by Customer and issued by Dell
      before Products are returned. The returned Products must be shipped to
      Dell in their original packaging, shipping charges prepaid. Risk of loss
      or damage during shipment to Dell is the responsibility of Customer.
      Returned Products must be in as new condition, and all of the manuals,
      diskettes, power cords and other items included with Products must be
      returned. 

            

    

    

     

    
      
         

      

      
         2 

        
          

        

      

      
         

      

    

     

     4.
LIMITED WARRANTIES 

    

    
      	
               4.1 

            	
               Limited Warranty.
      Dell-branded Products will conform to the Dell specifications current when
      the Product is shipped and will be free from defects in materials and
      workmanship for a period of up to one or three years, depending upon a
      variety of factors, including the Product purchased and where the Product
      is shipped and used. Unless the parties otherwise agree in writing,
      notebook batteries that are included with Dell-branded Products will carry
      a one (1) year limited warranty. Dell shall provide to Customer a
      description of the available warranty for any particular Product in any
      location at Customer's request. The limited warranty period for Products
      begins on the date of invoice. Services provided by Dell shall be
      performed in a good and workman like
manner. 

            

    

    

    
      	
               4.2 

            	
               No Warranty of Function or for
      a Particular Use. Dell does not warrant that its Products, when
      used, will function in any specific configuration that includes hardware
      or software not provided by Dell or will function or can be used to
      produce a particular result, even if the specific configuration or the
      result has been discussed with
Dell. 

            

    

    

    
      	
               4.3 

            	
               Third-Party
      Software. 

            

    

    

    
      	
                             4.3.1 

            	
               Warranty. Dell does not
      warrant third-party software products. Any warranty provided on a software
      or Dell Software and Peripherals product is provided by the publisher or
      original manufacturer and may vary from product to
      product. 

            

    

    

    
      	
                             4.3.2 

            	
               License Agreement. All
      software, including Microsoft software, is provided subject to the license
      agreement that is part of the package. Dell has the right to provide such
      software to Customer. Each Buyer purchasing under this Agreement agrees
      that it will be bound by the license agreement once the package is opened
      or the seal is broken. 

            

    

    

    
      	
               4.4 

            	
               High Risk Applications
      Disclaimer. Dell has not tested or certified its Products, Services
      or Deliverables for use in high risk applications including medical life
      support, medical device, direct physical patient contact, water treatment,
      nuclear facilities, weapon systems, mass and air transportation control,
      flammable environments, or any other potentially life critical uses.
      Customer understands and agrees that Dell makes no assurances or
      warranties that the Products, Services or Deliverables are suitable for
      any high-risk uses.. 

            

    

    

    
      	
               4.5 

            	
               Other Exclusions. This
      warranty does not cover damage due to external causes, including accident,
      abuse, misuse, problems with electrical power, service (including
      installation or de-installation) not performed or authorized by Dell,
      usage not in accordance with Product instructions, normal wear and tear,
      and problems caused by use of parts and components not supplied by Dell.
      The warranty does not cover accessories or parts added to a Dell system
      after the system is shipped from Dell or non-Dell-branded accessories or
      parts added to a Dell system through CFI Services. DELL MAY REVISE ITS
      LIMITED WARRANTIES FROM TIME TO TIME BUT ANY SUCH CHANGE WILL NOT AFFECT
      PRODUCTS ORDERED BY CUSTOMER PRIOR TO THE DATE OF SUCH CHANGE. IF CUSTOMER
      HAS NOT TIMELY PAID DELL FOR PRODUCTS OR SERVICES, THE WARRANTY(S) FOR THE
      UNPAID PRODUCTS SHALL BE VOID. ANY WARRANTY PROVIDED ON SOFTWARE OR A
      THIRD PARTY SOFTWARE OR PERIPHERAL PRODUCT IS PROVIDED BY THE PUBLISHER OR
      ORIGINAL MANUFACTURER AND MAY VARY FROM PRODUCT TO PRODUCT. DELL
      DISCLAIMS, TO THE FULLEST EXTENT PERMITTED BY LAW, ALL OTHER WARRANTIES OR
      CONDITIONS, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION IMPLIED
      WARRANTIES OR CONDITIONS OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR
      PURPOSE RELATING TO THE PRODUCTS AND
      SERVICES. 

            

    

    

    
      	
               4.6 

            	
               Limitation of Liability.
      EXCEPT AS SPECIFICALLY SET FORTH IN THIS AGREEMENT, DELL AND CUSTOMER EACH
      EXPRESSLY AGREE AND UNDERSTAND THAT THE OTHER PARTY WILL NOT HAVE ANY
      LIABILITY FOR PRODUCTS NOT BEING AVAILABLE FOR USE, OR FOR LOST OR
      CORRUPTED DATA OR SOFTWARE. NEITHER PARTY SHALL BE LIABLE FOR ANY
      INCIDENTAL, INDIRECT, SPECIAL OR CONSEQUENTIAL DAMAGES UNDER THIS
      AGREEMENT, EVEN IF THE PARTY HAS BEEN ADVISED OF THEIR POSSIBILITY. THIS
      LIMITATION OF LIABILITY APPLIES BOTH TO PRODUCTS AND SERVICES CUSTOMER
      PURCHASES UNDER THIS AGREEMENT. DELL'S TOTAL LIABILITY ARISING OUT OF, OR
      IN CONNECTION WITH, ANY EVENT OR SERIES OF CONNECTED EVENTS OCCURRING IN
      CONNECTION WITH THIS AGREEMENT SHALL NOT EXCEED THE LESSER OF ONE MILLION
      DOLLARS ($1,000,000) OR THE U.S. DOLLAR EQUIVALENT OF THE TOTAL DOLLAR
      AMOUNT OF PRODUCTS AND SERVICES PURCHASED BY CUSTOMER PURSUANT TO THIS
      AGREEMENT DURING THE TWELVE MONTHS IMMEDIATELY PRECEDING THE DATE DELL IS
      NOTIFIED BY CUSTOMER OF ANY CLAIM OF LIABILITY, EXCEPT WHERE LOCAL LAW, IF
      SUCH LOCAL LAW IS FOUND TO APPLY TO THIS AGREEMENT, PROHIBITS ANY SUCH
      LIMITATION. IN THE EVENT THE LAW OF ANY JURISDICTION WHICH APPLIES TO THIS
      AGREEMENT PROHIBITS IN ANY PART ANY LIMITATION IN THIS PARAGRAPH, THE
      PARTIES AGREE THAT SUCH LIMITATION SHALL BE MODIFIED, WITHOUT FURTHER
      ACTION OF EITHER PARTY, SO AS TO BROADLY APPLY TO THE MAXIMUM EFFECT
      ALLOWED BY GOVERNING LAWS. 

            

    

     

    
   

    
      
         

      

      
         3 

        
          

        

      

      
         

      

    

     

     5. SERVICE
OPTIONS 

     

     Dell will
provide Services in accordance with Attachment 2 and/or any mutually agreed
Statement of Work (SOW) as selected by Customer. Certain levels of service may
not be available in some remote areas. In the event of a conflict between
the terms of this Agreement (including Attachment 2) and a SOW, the terms of
these documents will be followed according to the following order of preference:
(1) the SOW, (2) any attachment to the SOW, (3) Attachment 2 and (4) the
Agreement. For any Products purchased before Customer purchases the Services.
Dell reserves the right to inspect such Products prior to agreeing to provide
the Services. Dell reserves the light to repair or replace any system that
displays a malfunction or other problem. 

     

     6. ADDITIONAL
OFFERINGS
 

     Dell
also provides the following options to Customer in accordance with Dell's terms
and conditions in effect at the time of purchase: 

    

    
      	
               6.1 

            	
               Custom Factory Integration
      Services. Customer may purchase factory integration services,
      including installation of Customer's custom software image, asset tagging,
      hardware integration or other consulting or system integration services
      ("CFI Services"), upon the terms and conditions set forth in Attachment
      3. 

            

    

    

    
      	
               6.2 

            	
               Employee Purchase Program.
      Where allowed by applicable law, Customer may extend to its
      employees the right to purchase selected configurations of Dell Products
      at a discount. Customer's employees' purchases will be governed by Dell's
      standard terms and conditions of sale for individuals in effect at the
      time of purchase, and not this
Agreement 

            

    

    

    
      	
               6.3 

            	
               Other Programs or
      Services. This Agreement covers only those Services and offerings
      specifically agreed to by and between Dell and Customer. Services provided
      hereunder beyond the descriptions or agreements set forth herein shall be
      subject to agreed terms and conditions, fees and/or
      charges. 

            

    

    

     7.    OUR
RELATIONSHIP 

    

    
      	
               7.1 

            	
               Indemnification for
      infringement of Third Party Intellectual Property Rights. Dell will
      defend Customer from any claim, demand, cause of action, debt or liability
      (including attorneys' fees and expenses) ("Claim") that Dell-branded
      Products infringe, misappropriate or otherwise violate any Intellectual
      Property (patent, copyright or trademark) rights of a third party
      ("Indemnified Claim"). Dell will not indemnify Customer or bear any
      responsibility for any Claim, in whole or part, upon Customer's
      unauthorized modification of the Products or from any combination,
      operation or use of the Products with other products or services. Dell's
      duty to indemnify under this section is contingent upon Dell receiving
      prompt notice of an Indemnified Claim and Dell's right to solely control
      resolution of the Indemnified Claim. Except for duty to defend above,
      Customer's sole remedy for an Indemnified Claim is as follows: Dell will,
      at its expense and in its discretion, either (a) resolve the Indemnified
      Claim in a way that permits continued ownership and use of the affected
      Product; (b) provide a comparable non-infringing replacement Product at no
      cost to Customer, or (c) accept return of the Product freight collect and
      provide a reasonably depreciated refund for the Product. This section is
      an exclusive statement of Dell's liability and responsibility for
      Indemnified Claims, and nothing in this Agreement or elsewhere will
      obligate Dell to provide any greater indemnity to
      Customer. 

            

    

    

    
      	
               7.2 

            	
               Indemnity from Customer to
      Dell. To the extent permitted by law, Customer will indemnify Dell
      from any Claim: (a) that Customer's modifications of and/or additions to
      the Products infringe on, misappropriate or otherwise violate the
      Intellectual Property of a third party; (b) by Customer's end-users other
      than an Indemnified Claim described in "Dell's Indemnity for Infringement
      of Third Party Intellectual Property Rights" above; or (c) that the
      Products sold to Customer under this Agreement damage a third party to the
      extent such Claim is based on (1) Customer's misuse or abuse of the
      Products, negligence or breach of representations and warranties in this
      Agreement; (2) failure of Customer to abide by all applicable laws, rules,
      regulations and orders that affect the Products; or Customer's failure to
      obtain any necessary rights and licenses to permit Dell to perform its
      obligations under this Agreement.  Customer's duty to indemnify,
      defend and hold harmless under this section is contingent upon Customer
      receiving prompt notice of any claim, demand, cause of action, debt or
      liability for which Customer must indemnify Dell and Customer's right to
      solely control the defense of all matters for which Customer is liable
      under this Section. 

            

    

    

    
      	
               7.3 

            	
               Confidentiality and
      Non-Disclosure. The confidential information disclosed under this
      Agreement ("Confidential Information") is described generally as current
      and future product information, financial and other business information
      including, but not limited to all confidential and proprietary information
      so designated in writing or verbally by the words "Confidential",
      Proprietary" or similar. 

            

    

    

     If a
separate, written nondisclosure agreement exists between Dell and Customer, that
agreement will control and will apply according to its terms and conditions to
all Confidential Information the parties exchange with each
other. 

    

    
      	
               7.4 

            	
               Regulatory Compliance and
      Export.  Each party, at its own expense, will comply with
      all applicable laws, orders and regulations of any governmental authority
      with jurisdiction over its activities in connection with this Agreement.
      Each party will furnish to the other party any information required to
      enable the other party to comply with applicable laws and regulations
      related to the Products. Dell and Customer acknowledge that Products
      licensed or sold under this Agreement are subject to the export control
      laws and regulations of the United States or those of other countries in
      which they are used and agree to abide by those laws and regulations.
      Under U.S. laws and regulations, Products purchased under this Agreement
      may not be sold, leased or otherwise transferred to restricted end-users
      or to restricted countries. In addition, the products may not be sold,
      leased or otherwise transferred to, or utilized by, an end-user
      engaged in activities related to weapons of mass destruction, including
      but not necessarily limited to, activities related to the design,
      development, production or use of nuclear materials, nuclear facilities,
      or nuclear weapons, missiles or support of missile projects, or chemical
      or biological weapons. Customer and Dell agree to comply with all
      applicable export laws, regulations and orders. In addition, each party
      agrees to indemnify, defend and hold the other harmless from any claims,
      demands or causes of action against the other due to the indemnifying
      party's violation or alleged violation of the applicable export laws,
      regulations and orders. 

            

    

    

    
      
         

      

      
         4 

        
          

        

      

      
         

      

    

    

    

    
      	
               7.5 

            	
               Notices. To give notice
      under this Agreement, the notice must be in writing and will be effective
      when delivered to the other party at the addresses listed at the beginning
      of this Agreement. For notices to Dell, Customer will send a copy to Dell
      Marketing L.P., Attn: Contracts Manager, One Dell Way, Box 8708, Round
      Rock, TX 78682-2244. If no address is set forth, notices will be sent to
      the recipient's registered office or, in a region where registration is
      not required, to its principal office. Any change of address must be sent
      to the other party in writing. 

            

    

    

    
      	
               7.6 

            	
               Term and Termination.
      The term of this Agreement shall be one (1) year beginning on the
      Effective Date, and it will thereafter renew automatically for consecutive
      additional one (1) year terms. Either party may terminate this Agreement
      or any individual SOW at any time by providing at least thirty (30) days
      prior written notice to the other party. Termination of the Agreement will
      terminate all SOWs. Termination of one or more SOWs will not, by itself,
      terminate the Agreement. Either Party may terminate this Agreement if the
      other party commits a material breach of this Agreement and the breach is
      not cured within ten (10) business days of receipt of written notice from
      the non- breaching party. 

            

    

    

     If
either party gives notices of termination, Dell may, but will not be obligated
to, continue to accept orders from Customer following receipt of such notice.
The terms and conditions of this Agreement will control the acceptance and
shipment of any such orders. 

    

     8.
MISCELLANEOUS ITEMS 

    

    
      	
               8.1 

            	
               General Assignments and
      Assignment for Third Party Leasing. Neither party may assign this
      Agreement without the express written consent of the other party, except
      that no consent shall be required for any assignments by Dell to its
      affiliates. Any proposed assignment by Customer of the right to place
      orders hereunder to a third party lessor shall be governed by Dell's
      then-current standard terms and conditions for assignment of such purchase
      rights. Dell retains the right to subcontract the Services provided under
      this Agreement. Notwithstanding anything to the contrary in this
      Agreement, Dell shall, without limitation, be permitted to assign or
      otherwise transfer any of its accounts receivable resulting from the sale
      of Products and Services to Customer pursuant to this
      Agreement. 

            

    

    

    
      	
               8.2. 

            	
               Non-performance by
      Customer. If Customer materially breaches any of its obligations
      under this Agreement, including failing to pay for any Products or
      Services, Dell may discontinue providing service and technical support,
      reporting and other commitments set forth in this
      Agreement. 

            

    

    

    
      	
               8.3 

            	
               Entire Agreement;
      Severability. This Agreement (with all Attachments and applicable
      terms and conditions of Dell's service programs) is the entire agreement
      between Dell and Customer with respect to its subject matter and
      supersedes all prior verbal and written understandings, communications or
      agreements between Dell and Customer. No amendment to or modification of
      this Agreement, in whole or part, will be valid or binding unless it is in
      writing and executed by authorized representatives of both parties. If any
      provision of this Agreement is void or unenforceable, the remainder of
      this Agreement will remain in full force and will not be
      terminated. 

            

    

    

    
      	
               8.4 

            	
               Independent Contractor.
      The parties are independent contractors. Neither party will have any
      rights, power or authority to act or create an obligation, express or
      implied, on behalf of another party except as specified in this Agreement.
      Customer will obtain all necessary rights and licenses to permit Dell to
      perform under this Agreement. Dell will be entitled to rely on any
      information or directions provided by Customer in connection with Dell's
      performance of any Services. 

            

    

    

    
      	
               8.5 

            	
               Force Majeure. Neither
      party shall be liable to the other party for any failure to perform any of
      its obligations under this Agreement during any period in which such
      performance is delayed by circumstances beyond its reasonable control
      including, but not limited to, fire, flood, war, terrorism, embargo,
      strike, constrained markets, riot or the intervention of any governmental
      authority ("Force Majeure"). In such event, however, the delayed party
      must promptly provide the other party with written notice of the Force
      Majeure. The delayed party's time for performance will be excused for the
      duration of the Force Majeure, but if the Force Majeure events lasts
      longer than thirty (30) Days, the other party may immediately terminate
      this Agreement by giving written notice to the delayed
      party. 

            

    

    

    
      	
               8.6 

            	
               Survival. The following
      Sections of this Agreement shall survive any termination or expiration of
      this Agreement and shall continue to bind the parties and their permitted
      successors and assigns: "Ordering and Delivery of Products," "Invoicing,
      Payment and Security Interest," "Warranties," "Indemnification" (but only
      to the extent explicitly provided therein), "Limitation of Liability,"
      "Confidential Information," "Import/Export Compliance" and
      "Miscellaneous". 

            

    

    

    
      	
               8.7 

            	
               Law; Jurisdiction and
      Language. The laws governing disputes arising out of this Agreement
      shall be the laws of the State of Texas, exclusive of the United Nations
      Convention on the International Sale of Goods, and without regard to
      principles of conflicts of law. This Agreement is performable in
      Williamson County, Texas. 

            

    

    

     

    
      
         

      

      
         5 

        
          

        

      

      
         

      

    

    

     This
Agreement has been executed on behalf of the parties by their duly authorized
representatives, to be effective on the date described in Section 1 of this
Agreement. 

    

     AGREED:                     Dell
MARKETING
L.P.                                 
                                             ACCEPTED:
Vemics
Inc. 

    

    

     Signature:                     /s/ Shone
Zachariah                                                    Signature:      /s/ Tom C.
Dorsett             
 

     Name:                            Shone
Zachariah              
                                           Name:             Tom C.
Dorsett                  
 

     Title:                              Contract
Manager           
                                           Title:                President of
Healthcare     

     Date:                              February 19,
2008            
                                           Date:                Feb. 19,
2008                     
 

    

     

     

     

     

     

    
   

    
      
         

      

      
         6 

        
          

        

      

      
         

      

    

    

     ATTACHMENT
1 to the Volume Purchase Agreement 

     RESERVED 

    

    

    

    

    

    

    

    

    

    
   

    
      
         

      

      
         7 

        
          

        

      

      
         

      

    

    

     ATTACHMENT
1 to the Volume Purchase Agreement 

    

     Co-Marketing
Agreement 

    

     Dell
and Customer agree to utilize their good faith efforts in working together
toward the mutually beneficial objective of promoting the combined partnership
and entering in a co-marketing agreement between both parties. 

    

     The
parties plan that the definitive co-marketing agreement will include these key
components: 

    

     Dell
and Vemics will create a mutually approved, joint press release announcing the
partnership. The Release will be distributed through both Dell and Vemics'
public relations firms. 

    

     Dell
will provide exposure to Vemics' iMedicor portal at the 2008 HIMSS conference.
This consist of scheduled meetings with at least five mutually selected
Independent Software Vendors (ISV), Access to Dell networking events and
presence of Vemics representation in the Dell booth in the exhibit
hall. 

    

     Initially
Dell will introduce Vemics to at least five of its Independent Software Vendor
(ISV) Partners for the purposes of creating relationships between Vemics and
ISVs. Vemics will then create relationships with each ISV that will entail the
integration of ISV software and the iMedicor portal. ISV will actively market
iMedicor to its existing and new clients as a value-added premium for fee
service. Dell will receive a portion of all revenue generated from each
relationship, as outlined in a future attachment to this
agreement. 

    

     Based
on the success of the first five introductions, Dell will continue to assist
Vemics in creating relationships with the remainder of its ISV
partners. 

    

     Vemics
will recommend Dell solutions and standardize on Dell solutions. Additionally,
Vemics will promote Dell products and agree to use mutually agreeable taglines
(ex: "Powered by Dell") to further the promotion of Dell products and
services. 

    

     The
non-disclosure agreement effective February 18, 2008 between Dell and Vemics
shall control the release of proprietary or confidential
information. 

    

    

     AGREED:                      Dell
MARKETING
L.P.                                                                    
     ACCEPTED:       
Vemics Inc. 

     Signature:                      /s/ Shone
Zachariah    
                                           Signature:            
/s/ Tom C.
Dorsett          
 

     Name:                             Shone
Zachariah                                                                                  
   Name:      
             Tom C.
Dorsett               
 

     Title:                         
     Contract
Manager                                                                                   
Title:                      President of Healthcare
                                            

     Date:                             
 February 18,
2008                                                                                     Date:                      Feb. 19,
2008                                                               

    

    

    

    

    
      
         

      

      
         8Form of Employee Retention Agreement

 Exhibit 10(ab) 
 Maine & Maritimes Corporation 
 EMPLOYEE RETENTION AGREEMENT 
 THIS EMPLOYEE RETENTION AGREEMENT dated as of
            ,             (this “Agreement”) is entered into between Maine & Maritimes Corporation, a Maine
corporation (the “Company”), and [insert name of executive] (the “Executive”) (the Company and Executive are sometimes referred to as “Party” or collectively “Parties”). 
 RECITALS 
 WHEREAS, the Executive is employed by the Company as its [title]; and 
 WHEREAS, the Board of
Directors of the Company has determined this Agreement to be in the best interests of the stockholders of the Company, in order to encourage the attention and dedication of the Executive to his assigned duties with the Company without distraction in
connection with potentially disruptive circumstances arising from the possibility of a Change in Control (as defined herein) or certain other events specified in this Agreement; 
 NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein and for other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged by the Parties, the Company and the Executive agree as follows: 
 Section 1.    Certain Definitions 
 As used herein, the following terms have the indicated
meanings: 
 (1) “Cause” for termination by the Company of the Executive’s employment shall mean
(i) the willful and continued failure by the Executive to substantially perform his duties with the Company after a written notice is delivered to the Executive by the Company, which notice specifically identifies the manner in which the
Company believes that the Executive has not substantially performed the Executive’s duties; or (ii) the willful engaging by the Executive in gross misconduct that is injurious to the Company, monetarily or otherwise (including, without
limitation, the Executive’s conviction, by a court of competent jurisdiction, of a crime adversely reflecting on the Executive’s honesty, trustworthiness or fitness to carry out the responsibilities of his position with the Company). An
act, or failure to act, on the Executive’s part shall be deemed “willful” where such act is done, or not done, by the Executive: (i) in the absence of good faith; or (ii) without a reasonable belief that the Executive’s
act, or failure to act, was in the best interest of the Company. 
 (2) For the purpose of this definition (“Change in
Control”), the term “Company,” shall be defined as Maine & Maritimes Corporation or any of its subsidiaries. A “Change in Control” shall be deemed to have occurred if the conditions set forth in any one
of the following paragraphs shall have been satisfied: 
 (a) any “person” (as such term is used in Sections 13(d)
and 14(d) of the Securities Exchange Act of 1934, as amended) (other than the Company, any trustee or other fiduciary holding securities under any employee benefit plan of the Company, or any corporation owned directly or indirectly by the
stockholders of the Company in substantially the same proportion as their ownership of stock of the Company) is or becomes the “beneficial owner” (as defined in Rule 13d-3 under the Securities Exchange Act of 1934, as amended), directly or
indirectly, of securities of the Company representing fifty percent or more of the combined voting power of the Company’s then-outstanding voting securities; 

 (b) a change in the composition of the Board of Directors of the Company, as a result of
which fewer than a majority of the directors are persons who either (A) are directors of the Company as of the date hereof or (B) were elected after nomination by a majority of the directors of the Company on the date hereof and directors
so elected previously; 
 (c) any merger or consolidation of the Company, approved by the stockholders of the Company, with
any other corporation; other than: 
 (A) any such merger or consolidation that would result in the voting securities of the
Company outstanding immediately prior to the merger or consolidation, continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving or parent entity) more than fifty percent of the combined
voting power of the voting securities (entitled to vote generally for the election of directors) of the Company or such surviving or parent entity outstanding immediately after such merger or consolidation, or subsequently at any time as
contemplated by or as a result of, such merger or consolidation; or 
 (B) any such merger or consolidation where such merger
or consolidation is effected to implement a recapitalization or reincorporation of the Company (or similar transaction) in which no “person” (as such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as
amended) acquires fifty percent or more of the combined voting power of the Company’s then-outstanding voting securities; 
 (d) any merger or consolidation of the Company in which the Company is not the continuing or surviving corporation or pursuant to which shares of the Company’s stock, would be converted into cash, securities or other property; other
than a merger or consolidation of the Company in which the stockholders of the Company immediately prior to the merger or consolidation have substantially the same proportionate ownership and voting control of the surviving corporation or parent
entity immediately after the merger or consolidation; 
 (e) except as described in paragraph _A_, below, the Company ceases
to be a reporting company pursuant to Section 13 (a) of the Securities Exchange Act of 1934 as amended, or any similar successor provision; 
 (f) the number of the Company’s Outside Directors, as defined below, is decreased by more than fifty percent in any twenty-five month period or the number of the Company’s directors increased in such a
manner that the Outside Directors constitute less than a majority of the Board; 
 (g) the stockholders of the Company approve
a plan of complete liquidation of the Company or an agreement for the sale, lease, exchange, liquidation, disposition or other transfer (in one transaction or a series of transactions) by the Company of all or substantially all of the Company’s
assets (or any transaction having a similar effect). 
 (h) further, a “Change in Control” shall not
be deemed to occur if the conditions set forth in any one of the following sub-paragraphs shall have been satisfied: 
 (A) a
merger, consolidation or reorganization of the Company if, upon consummation of such transaction all of the outstanding voting stock of the Company is owned, directly or indirectly, by a holding company, and the holders of the Company’s common
stock immediately prior to the transaction have substantially the same proportionate ownership and voting control of the holding company; or 
 (B) upon a Change of Control of a subsidiary, the Executive is offered a position with another entity in the Maine & Maritimes Corporation corporate family at a comparable salary. 

 (3) “Good Reason” for termination by the Executive of the
Executive’s employment shall mean the occurrence of any one of the following acts unless such act is corrected prior to the Termination Date specified in the Termination Notice given in respect thereof or, in the case of paragraph
(d) below, such act is not objected to in writing by the Executive within four months after notification by the Company to the Executive of the Company’s intention to take the action contemplated by such paragraph (d): 
 (a) the assignment of duties to the Executive which: 
 (i) are materially different from his duties immediately prior to the Change in Control, or 
 (ii) result in his having significantly less authority or responsibility than he had prior to the Change in Control; 
 (b) the Executive’s removal from, or any failure to re-elect him to, any position he held immediately prior to the Change in Control;

 (c) a reduction of the Executive’s annual base salary in effect on the date of the Change in Control or as the same
may be increased from time to time thereafter; 
 (d) the Company’s transferring or assigning the Executive to a place of
employment more than one hundred miles from Presque Isle, Maine, except where: (1) such transfer or assignment is to a subsidiary or affiliate entity location, consistent with the Executive’s duties; and (2) in connection with
required business travel to an extent substantially consistent with the Executive’s business travel obligations immediately prior to the Change in Control; 
 (e) the Company’s failure to provide the Executive with substantially the same health, life and other employee benefit plans,
programs and arrangements (specifically including the Company’s compensation and incentive plans, as the same may be amended in the future), and substantially the same perquisites of employment, as provided to him immediately prior to the
Change in Control or as the same may be increased thereafter; 
 (f) the Company’s failure to provide the Executive with
substantially the same support staff as provided to him immediately prior to the Change in Control; or 
 (g) the
Company’s failure to increase the Executive’s salary, employee benefits or perquisites of employment in a manner or amount commensurate with increases provided to the Company’s other executive officers. 
 (4) “Outside Directors” an “Outside Director” as of a given date, shall mean a member of the
Company’s board of directors who has been a director of the Company throughout the six month period prior to such date and who has not been an employee of the Company at any time during such six month period. 
 (5) “Termination Date” shall have the meaning stated in Section 2(2). 
 (6) “Termination Notice” shall have the meaning stated in Section 2(1). 
 Section 2.    Termination Procedures 
 (1) Termination Notice. Any purported termination of the Executive’s employment (other than by reason of death or at will termination) shall be communicated by a written notice of the terminating party (a
“Termination Notice”) in accordance with Section 6(2). 
 (2) Termination Date. “Termination
Date” shall mean the date as of which the Executive’s employment is to terminate as specified in the Termination Notice, which, in the case of a termination by the Company otherwise than for Cause, may be the same date of the Termination
Notice and, in the case of a termination by the Executive, shall not be less than fourteen days nor more than sixty days, respectively, from the date the Termination Notice is given, unless otherwise agreed to by the parties. 

 Section 3.    Benefits Upon Certain Terminations 
 (1) General. If a Change of Control occurs and, within one year following the occurrence of such Change of Control (i) the
Company terminates the Executive’s employment for any reason other than for Cause, or (ii) the Executive terminates his employment for Good Reason, then in lieu of any further salary payments to the Executive for periods subsequent to the
Termination Date, the Company shall provide the Executive with the following: 
 (a) Within thirty business days after the
Termination Date, a lump sum cash payment equal to the sum of: (i)      hundred percent (X00%) of the Executive’s annual base salary in effect upon the Change in Control or the date of the Termination Notice,
whichever is higher, and (ii)      hundred percent (X00%) of the bonus award the Executive would have received for the year in which such termination occurs pursuant to the Company’s Incentive Compensation Plan,
assuming that his employment had not terminated and that for such year all applicable performance goals will be met. In the event any portion of this award depends on goals that cannot be determined until the close of the plan year, then payment of
that amount shall be made within thirty days after the goal has been determined. 
 (b) The continuation of the
Executive’s participation and the participation of his dependants (to the extent they were participating on the date of the Termination Notice) in the Company’s health, life, disability and other employee benefit plans, programs and
arrangements (excluding the Pension Plan and the Non-Union Retirement Savings Plan) for a period of twenty-four (24) months after such termination as if he were still employed during such period; provided, however, if such participation in any
such plan, program or arrangement is specifically prohibited by the terms thereof, the Company shall provide the Executive (and his dependants) with benefits substantially similar to those which he was entitled to receive under such plan, program or
arrangement immediately prior to his termination of employment. Additionally, at the end of any period of such coverage, the Executive shall have the right to have assigned to him, for the cash surrender value thereof, any assignable insurance owned
by the Company on the life of the Executive. For purposes of this paragraph 3(b), any employee benefit determined with reference to the Executive’s compensation or earnings shall be based on his annual base salary unless otherwise provided
under the terms of the applicable employee benefit plan, program or arrangement. 
 (2) Death, at will termination.
Notwithstanding any provision of this Agreement to the contrary, no benefits are payable hereunder upon the Executive’s death prior to: (1) the involuntary termination of his employment with the Company for Cause or otherwise, or
(2) the voluntary termination by the Executive of the Executive’s employment with the Company for Good Reason. No benefits are payable hereunder upon the Company’s at will termination of employment for reasons other than those set
forth in this Agreement. 
 Section 4.    Term of Agreement 
 This Agreement initially shall continue in effect until             . 
 Section 5.    Successors 
 In addition to any obligations imposed by law upon any successor to the Company, the Company will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the
business and/or assets of the Company to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. Failure of the Company to
obtain such assumption and agreement prior to the effectiveness of any such succession shall be a breach of this Agreement and shall entitle the Executive to compensation from the Company in the same amount and on the same terms as the Executive
would be entitled to hereunder if the Executive were to terminate the Executive’s employment for Good Reason, except that, for purposes of implementing the foregoing, the date on which any such succession becomes effective shall be deemed the
Termination Date. 

 Section 6.    Miscellaneous 
 (1) Amendments. This Agreement may not be amended, modified or supplemented by the parties hereto in any manner, except by an
instrument in writing signed on behalf of each of the parties hereto. 
 (2) Notices. Any notice, request, instruction
or other document to be given hereunder by any party to the other shall be in writing and delivered personally or sent by certified mail, postage prepaid, by facsimile (with receipt confirmed), or by courier service and shall be effective upon
receipt if addressed or sent as follows: 
  

					
	To the Company:	 	Maine & Maritimes Corporation
		 	[Insert mailing address]
		 	Fax:                                      
                                 	 	
		 	Attention:                                     
                       	 	
		
	To the Executive:	 	[Insert name and mailing address of Executive]
		 	Fax:                                      
                                 	 	

 or to such other address or person as may be designated in writing by a party, by a notice given
to the others as aforesaid. 
 (3) No Additional Effect. Except as expressly provided herein, nothing contained herein
shall be construed to provide the Executive with any specific period of employment, right to be retained in the service of the Company or other rights, nor shall this Agreement be construed to otherwise limit the rights of the Company to discharge
or take other action with respect to the Executive. The Executive hereby acknowledges that he or she remains an employee at will of the Company and that any rights of the Executive arising under this Agreement arise only upon the circumstances
specifically set forth in this Agreement. 
 (4) Construction. The headings in this Agreement are included only for
convenience and shall not affect the meaning or interpretation of this Agreement. The words “herein” and “hereof” and other words of similar import refer to this Agreement as a whole and not to any particular part of this
Agreement. The word “including” as used herein shall not be construed so as to exclude any other thing not referred to or described. The Outside Directors shall have the authority to construe and interpret this Agreement on behalf of the
Company, and any such determination by the Outside Directors shall be the conclusive construction on behalf of the Company. 
 (5) Entire Agreement, Assignability, etc. This Agreement (i) constitutes the entire agreement, and supersedes all other prior agreements, including without limitation prior employee continuity agreements, and understandings,
both written and oral, between the parties with respect to the subject matter hereof, (ii) is not intended to confer upon any person other than the parties hereto any rights or remedies hereunder, except as otherwise expressly provided herein,
and (iii) shall not be assignable by operation of law or otherwise. No provisions of this Agreement are intended, nor will be interpreted, to provide or create any third party beneficiary rights or any other rights of any kind in any person
unless specifically provided otherwise herein, and, except as so provided, all provisions hereof will be personal solely among the parties to this Agreement. 
 (6) Validity. The invalidity or unenforceability of any provisions of this Agreement shall not affect the validity or
enforceability of any other provisions of this Agreement, each of which shall remain in full force and effect. 
 (7)
Governing Law. This Agreement shall be governed by the laws of the State of Maine, regardless of the laws that otherwise might govern under applicable principles of conflicts of laws thereof. 
 (8) Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed to be an original but both of which
together shall constitute one and the same instrument. 
 (9) Funding. This Agreement shall not be construed to create
or require the Company to create a trust or to otherwise act to fund the amounts payable hereunder. 

 (10) Limitation on Amount to be Paid. If payment of any amount under this
Agreement would cause the Executive to be subject to an excise tax pursuant to Section 4999 of the Internal Revenue Code (as amended from time to time) or the regulations thereunder, then such amount shall not be paid to the extent necessary to
avoid the imposition of such tax. The preceding sentence shall apply only if the aggregate amount payable to the Executive or for his or her benefit under this Agreement, after payment of such excise tax, would be less than the aggregate amount
payable in accordance with the preceding sentence. 
 (11) Arbitration. The Parties agree to resolve all disputes
arising under this Agreement in arbitration as follows: 
 (a) Any arbitration under this Agreement, and any related judicial
proceeding, shall be initiated and shall proceed pursuant to the provisions of the Maine Uniform Arbitration Act (the “Act”) and, to the extent consistent with the Act, the then prevailing rules of the American Arbitration Association (the
“Association”) for labor and employment contracts. To initiate arbitration hereunder, demand shall be given in writing to the Association and the other Party no later than one year after the claim arises. Any claim for which such demand is
not made within one year after the claim arises shall be barred and discharged. 
 (b) Any arbitration under this Agreement
shall be before a single arbitrator mutually acceptable to the Parties, and an award in such arbitration may include only damages which the arbitrator determines to be due under express provisions of this Agreement. The arbitrator shall have no
authority to award any other damages including without limitation, consequential and exemplary damages. Any award in arbitration shall be subject to enforcement and appeal pursuant to the Act. 
 (c) The Parties shall share equally all costs and fees charged by the Association or the arbitrator. 
 (12) Execution of Further Documents. In the event the Executive receives payments or benefits pursuant to this Agreement and the
Company’s legal counsel deems it necessary for the Company to receive a release or other acknowledgement the Executive agrees to execute any such document as may be reasonably required as a condition of his/her receipt of such payment or
benefits. 
 IN WITNESS WHEREOF, the parties have duly executed this Agreement
as of the date first above written. 
  

			
	MAINE & MARITIMES CORPORATION
	
	  

	By:	 	
	Title:	 	
	
	EXECUTIVE
	
	  

	Name: 	 	

 Employees Who Have Executed Above Employee Retention Agreement with either MAM or MPS*: 
  

			
	 Executive
	  	Effective Date
	 Brent M. Boyles, President and Chief Executive Officer*
	  	09/05/06
	 Patrick C. Cannon, VP, General Counsel, Secretary and Clerk*
	  	12/07/07
	 Michael A. Eaton, VP, Information Technology and Customer Service*
	  	12/07/07
	 Michael I. Williams, SRVP, Chief Financial Officer, Treasurer and Assistant Secretary*
	  	12/07/07
	 Randi J. Arthurs, VP, Accounting, Controller, and Assistant Treasurer*
	  	05/19/06
	 Tim D. Brown, VP, Engineering and Operations*
	  	12/07/07

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00139-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00139-of-00352.parquet"}]]