Document:

EX-10.5

EXHIBIT 10.5

CONSENT AGREEMENT

Wireless Ronin Technologies, Inc.

Baker Technology Plaza

5929 Baker Road, Suite 475

Minnetonka, MN 55345

Ladies and Gentlemen:

     Please refer to the Subordination Agreement (the “Subordination Agreement”) executed between
us as of October 11, 2007. Terms not otherwise defined in this letter shall be defined in
accordance with the Subordination Agreement. As used herein:

     a) The term “Collateral” shall mean the Collateral described and defined on Exhibit A attached
hereto, it being expressly understood and agreed that the Collateral does not include any of the
Excluded Collateral (as to which Ronin has no right, title or interest) or the Released Collateral
(as defined in the Turnover and Surrender Agreement, as defined below);

     b) “Excluded Collateral” shall mean (i) any of NewSight Corporation’s (“NewSight”) (or any of
its subsidiaries’) intellectual property, including but not limited to, inventions, patents, patent
applications, copyrights, technology (including the autostereoscopic 3D technology), trademarks,
service marks, trade dress and know-how, (ii) any assets of NewSight (or any of its subsidiaries)
not constituting Collateral and (iii) any proceeds arising from (i) or (ii) of this paragraph (b);
and

     c) The term “Meijer Network” shall mean the digital monitor and signage display operated with
the Collateral at the premises owned or leased by Meijer, Inc. (“Meijer”).

     Creditor hereby acknowledges receipt of the letter agreement (the “Turnover and Surrender
Agreement”) executed between Ronin and NewSight as of even date herewith. Creditor hereby consents
to the terms and conditions of the Turnover and Surrender Agreement and hereby disclaims any and
all interest in the Collateral, except as expressly provided herein, and hereby agrees that it will
release the Collateral (but only the Collateral) to the extent described in any financing statement
previously filed by the Creditor.

     Ronin will provide the Creditor with a draft release incorporating the terms set forth in the
foregoing paragraph for approval by the Creditor prior to filing, which approval shall not be
unreasonably withheld or delayed so long as the proposed release applies solely to the Collateral
and explicitly preserves and retains, and does not in any manner terminate or negatively impair,
the existing lien of the Creditor in the Excluded Collateral.

     Notwithstanding the foregoing, Ronin agrees that any proceeds received or paid to Ronin or any
Related Acquiror (as defined below) from and after the date of this letter in connection with the
sale or other disposition of the Collateral or the Meijer Network, including any proceeds received
upon the license of the Collateral (or the related Meijer Network) and any advertising income
relating to the Collateral or the Meijer Network shall be allocated between the parties as follows:

     First: To Ronin in payment or reimbursement of all reasonable out-of-pocket expenses of
retaking possession, holding, preparing for sale, selling and the like, and attorneys’ fees of
outside counsel and out-of-pocket expenses actually incurred by Ronin in connection with the
negotiation and preparation of the Turnover and Surrender Agreement and this letter, the
enforcement of its rights under the Security Agreement (as defined in the Turnover and Surrender
Agreement) or the disposition of any of the Collateral.

     Second: To Ronin in payment or reimbursement of all out-of-pocket expenses and other amounts
actually incurred by Ronin in connection with any replacements, modifications or enhancements to
the Collateral.

     Third: To Ronin in payment of the Aggregate Indebtedness (as defined in the Turnover and
Surrender Agreement).

     Fourth: The next $100,000 of proceeds shall be allocated as follows:

70% to Ronin

30% to Creditor

 

 

     Fifth: All remaining proceeds shall be allocated as follows:

50% to Ronin

50% to Creditor

     In the event that the Collateral or related Meijer Network is sold or contributed by Ronin to
a corporation, limited liability company, partnership or other entity (a “Related Acquiror”) in
complete or partial exchange for cash from, or equity or indebtedness in, the Related Acquiror,
then, in such event, the allocation of proceeds contemplated in this letter shall be made on the
basis of (1) the cash, if any, received by Ronin in consideration for the contribution, (2)
payments made under any promissory note or similar obligation, if any, executed by the Related
Acquiror in connection with the contribution and the cash distributions received by Ronin (or any
affiliate or subsidiary of Ronin) in respect of the equity interest of Ronin or any such affiliate
or subsidiary in the Related Acquiror and (3) payments received by Ronin with respect to any
portion of the Collateral or Meijer Network not contributed or sold to such Related Acquiror. In
the event that the Collateral or related Meijer Network is sold or contributed by Ronin to an
entity in which Ronin or an affiliate of Ronin has a pre-existing equity ownership interest (a
“Ronin Affiliated Acquiror”), then, in such event, the proceeds received by Ronin or any affiliate
of Ronin, with respect to its pre-existing ownership interest in the Ronin Affiliated Acquiror,
from the subsequent sale or license of the Meijer Network shall be also allocated as set forth
above.

     Ronin and Creditor acknowledge and agree the amounts to be distributed under this letter shall
not include any amounts paid or payable to Ronin in payment or reimbursement of Ronin’s monthly
costs to operate or service the Meijer Network, as calculated at Ronin’s historical prevailing
rates for such operation and service, all of which amounts will be retained by Ronin for its own
account.

     Ronin hereby agrees that the Creditor may inspect the Collateral, and the books and records
relating to the Collateral or the Meijer Network (exclusive of books and records containing
confidential or proprietary information, unless Creditor agrees to execute a confidentiality
undertaking reasonably acceptable to Ronin) upon reasonable notice to Ronin as long as such
inspection does not interfere with Ronin’s use and enjoyment of the Collateral or the operation of
Meijer Network. In addition to the foregoing, upon the written request of Creditor, which request
may not be made more than six (6) times each calendar year, Ronin will provide the Creditor with
such information concerning the Collateral and the Meijer Network as Creditor may reasonably
request, including any documents and other information relating to the future sale, disposition or
license of the Collateral or the Meijer Network (except that Ronin shall not be required to
disclose any information of a confidential or proprietary nature, unless Creditor agrees to execute
a confidentiality undertaking reasonably acceptable to Ronin).

     The rights and interest granted by Ronin to Creditor under this letter shall expire and become
immediately null and void on the third anniversary of this letter, after which date Ronin shall
have no further obligation to account for, or to provide Creditor with the benefit of, any proceeds
in connection with the Collateral or the Meijer Network, except that any proceeds received by Ronin
after the expiration of this letter under any option, purchase agreement, lease or other contract
executed prior to expiration of this letter in connection with the Collateral or the related Meijer
Network shall be allocated in accordance with the terms set forth above, notwithstanding the
expiration of the term of this letter.

     Ronin acting on behalf of itself, its officers, directors, shareholders, employees,
independent contractors, agents, insurers, heirs, successors, and assigns, does hereby release,
acquit, forever discharge Creditor and its affiliates and owners, and each of their respective
officers, directors, partners, members, shareholders, employees, independent contractors, agents,
attorneys, insurers, heirs, successors and assigns (collectively, the “Creditor Released Parties”),
from any and all claims, demands or causes of action of any kind, nature or description whether
arising in law or equity or upon contract or tort or under any state or federal law or otherwise,
which Ronin has had, now has or may claim to have against any such Creditor Released Party (i) for
or by reason of any act, omission, matter, cause or thing whatsoever arising from the beginning of
time to and including the date of this letter, whether such claims, demands, and causes of action
are matured or unmatured, known or unknown, except with respect to the obligations of the Creditor
under this letter and (ii) for any action that any Creditor Released Party may take in exercising
any of its rights and remedies as a secured creditor with respect to the Excluded Collateral.

 

 

     Creditor acting on behalf of itself, its officers, directors, partners, employees, independent
contractors, agents, insurers, heirs, successors, and assigns, does hereby release, acquit, forever
discharge Ronin and its affiliates and owners, and each of their respective officers, directors,
partners, members, shareholders, employees, independent contractors, agents, attorneys, insurers,
heirs, successors and assigns (collectively, the “Ronin Released Parties”), from any and all
claims, demands or causes of action of any kind, nature or description whether arising in law or
equity or upon contract or tort or under any state or federal law or otherwise, which Creditor has
had, now has or may claim to have against any such Ronin Released Party (i) for or by reason of any
act, omission, matter, cause or thing whatsoever arising from the beginning of time to and
including the date of this letter, whether such claims, demands, and causes of action are matured
or unmatured, known or unknown and (ii) for any action which Ronin may take with respect to the
Collateral or the Meijer Network, except that the Creditor does not release Ronin from payment and
performance of its obligations under this letter.

     The parties acknowledge and agree that nothing contained in this letter shall be construed to
create any obligation on the part of either party to the other than as expressly set forth herein.
Without limiting the generality of the foregoing, Ronin shall not have any obligation to insure or
otherwise preserve the Collateral for the benefit of Creditor. The Creditor hereby consents to any
actions that may be taken or omitted by Ronin in connection with the Collateral, except as
expressly provided in this letter.

     Nothing contained in this letter shall be deemed to create a partnership, joint venture or
other similar relationship between Ronin and the Creditor. Pending disposition of the Collateral,
the Creditor shall not take any action to foreclose upon or otherwise exercise any right or remedy
the Creditor may have in respect of the Collateral.

     In the event that the parties are unable to resolve a dispute concerning the meaning or
performance of this letter, then, in such event, either party may submit the dispute to binding
arbitration, it being understood and agreed that arbitration shall be the sole and exclusive method
for resolution of any such dispute. Arbitration shall be conducted at the city of the respondent’s
principal place of business in accordance with the rules and procedures of the American Arbitration
Act and applicable rules of arbitration provided concerning the expedited commercial arbitration,
which rules and procedures shall apply in the event of a conflict between the terms of this
paragraph and such rules. Arbitration shall be conducted by a single arbitrator whose only
authority is to conduct the arbitration pursuant to this letter and to render as his or her award
(or final determination) the proposed resolution of the dispute submitted by one or the other of
the parties, without compromise or modification and an award to the prevailing party of its costs
of the arbitration, including its reasonable attorneys’ fees.

     This letter shall inure to the benefit of Ronin and the Creditor and their successors and
assigns. This letter is not a third party beneficiary contract and is not intended to confer any
right or benefit on any party other than Ronin and the Creditor and their successors and assigns.
Except as expressly provided herein, all terms and conditions of the Subordination Agreement shall
remain unchanged.

     If the foregoing accurately reflects our understanding, please execute this letter in the
space provided below.

Dated: August ___, 2008

PRENTICE CAPITAL MANAGEMENT, LP

By: /s/ Matthew Hoffman                                        

Title: General Counsel

Printed Name: Matthew Hoffman

Date: August 21, 2008

Address for notices: 623 Fifth Ave, 32nd Fl, New York, NY 10022

 

 

WIRELESS RONIN TECHNOLOGIES, INC.

By: /s/ Jeffrey C. Mack                                        

Title: CEO, President and Chairman

Printed Name: Jeffrey C. Mack

Date: August 21, 2008

Accepted this 21st day of August, 2008

NEWSIGHT CORPORATION

By: /s/ Robert K. Stewart                                        

Title: Chief Financial Officer

Signature page to Consent Agreement dated

August 21, 2008

 

 

EXHIBIT A

     (d) All now existing or hereafter acquired video screens, display monitors and media players
and all other equipment suitable for digital signage displays previously or hereafter sold, leased
or provided to Debtor by Wireless Ronin Technologies, Inc., including, without limitation, all such
equipment now or hereafter located in the Fashion Square Mall and Asheville Mall or any premises
owned or leased by Meijer, Inc. (together with any affiliate or subsidiary entity, “Meijer”), and
all related hardware and all software and parts used in connection with the operation of any such
video screen display monitors and other related equipment, together with all replacements thereto
(collectively, the “Equipment”); and

     (e) To the extent not otherwise described in subparagraph (a) above, all hardware and software
used or provided in connection with the digital signage network maintained by Debtor and operated
on premises owned, leased or operated to Meijer (the “Other Equipment”); and

     (f) All cash or non cash proceeds of the sale or other disposition of any of the foregoing,
including without limitation insurance proceeds (collectively “Proceeds”).

The parties acknowledge and agree that the Collateral does not include any of the Excluded
Collateral, as defined in the Subordination Agreement, as to which Ronin has no right, title or
interest.EX-10.6

EXHIBIT 10.6

INTERIM OPERATING AGREEMENT

AGREEMENT

     This Agreement (this “Agreement”), dated August 21, 2008, is by and among ABC National
Television Sales, Inc. (“ABC”), Met/Hodder, Inc. (“MH”) and Wireless Ronin Technologies (“WR”).

     WHEREAS, ABC had an agreement with NewSight Corporation (“NewSight”) dated August 18, 2006
(“ABC/NewSight Agreement”), pursuant to which ABC provided programming (“ABC Content”) and sales
representation services to a network (the “ABC In-Store Network” or “Network”) of in-store
television monitors placed in grocery/retail stores owned and operated by Meijer, Inc. (the “Meijer
Stores”) pursuant to the agreement between NewSight and Meijer, Inc. (“Meijer”) dated as of
November 23, 2005 (the “License Agreement”); and

     WHEREAS, MH provided certain production services to ABC in connection with the licensing of
the ABC Content for the ABC In-Store Network; and

     WHEREAS, WR provided the software and hardware to operate the ABC In-Store Network; and

     WHEREAS, Meijer terminated the License Agreement as of July l, 2008 and ABC terminated the
ABC/NewSight Agreement effective the same day; and

     WHEREAS, Meijer has requested that ABC, MH and WR continue to operate the ABC In-Store Network
for an interim period on the same terms as conditions.

     NOW, THEREFORE, for good and valuable consideration the parties hereby agree as follows:

     1. Term

     The term of this Agreement shall commence as of July 1, 2008 and expire October 31, 2008
unless otherwise renewed by the parties (“Term”).

     2. The ABC In-Store Network

     The parties shall have the following responsibilities, at their own cost, in connection with
the ABC In-Store Network:

          (a) WR Responsibilities

     (i) WR shall operate the plasma and LCD monitors (the “Monitors”) in each of the
Meijer Stores which participate in the ABC In-Store Network. The Monitors will be
grouped into three separate channels (“Channels”) as they have been since the
inception of the Network.

     (ii) WR shall be responsible for the ongoing operation and maintenance of the
infrastructure that transmits the “Monitor Content” (as defined below) to the
Monitors, the assembly and transmission of the programming loops (“Loops”), the
uninterrupted operation, maintenance and upkeep of the Monitors and Network, and the
establishment and maintenance of relationships with Meijer and the Meijer Stores.

 

 

     (iii) MH shall deliver to ABC, through a secured website, a copy of all content
edited and intended to be exhibited on the Channels, at least five (5) days prior to
their transmission on the Network. ABC shall inform
WR or MH of any changes ABC requires to be made to such content within
twenty-four (24) hours of ABC’s receipt of such content. It is understood and agreed
that ABC retains the right to prevent any content from being transmitted on the ABC
In-Store Network if, in ABC’s sole discretion, such content does not comply with ABC’s
Broadcast Standards and Practices or would reflect negatively on ABC.

     (iv) WR shall provide ABC with an “as run” log for proof of performance regarding
advertisements distributed over the Network.

          (b) MH Responsibilities

     (i) MH shall be responsible for providing programming content for the Monitors.
ABC shall no longer provide any new ABC Content for the Network and MH shall repurpose
ABC Content that was previously provided. MH shall ensure that all programming content
on the Network, i.e., the MH Content, recycled ABC Content, content provided by Meijer
and advertising sold by ABC (collectively, “Monitor Content”) shall appear in the same
format, i.e., Loops, and with the same allocations (i.e., percentage of content
provided by Meijer, percentage of content provided by MH, and percentage of
advertising sold by ABC), as previously provided on the Network. MH shall update the
Monitor content as required by the Network format.

     (ii) MH shall also be responsible for managing the content playlists.

     (iii) All Monitor Content shall comply with ABC’s Broadcast Standards and
Practices and Meijer’s rules and standards. Upon receipt of a written notice from ABC
requesting removal of any Monitor Content, MH and WR shall promptly remove such
Monitor Content, but in no event more than twelve (12) hours after receiving ABC’s
request. ABC shall, if requested, provide replacement content to backfill the time
left open.

     (iv) MH agrees that all Monitor Content for distribution on the ABC In-Store
Network shall be pre-approved by ABC before transmission on the Network. ABC shall
have the right, in its sole discretion, to prevent certain content from distribution
on the Network if such content violates ABC’s Broadcast Standards or Practices or
reflects negatively on ABC. MH shall not include any content on the Monitors that is
produced or distributed by a competitor of ABC. The parties agree that the programming
and entertainment content provided by MH on the Network shall be similar to the
substance, format and editorial focus of the content provided by ABC since the
inception of the Network.

     (v) WR shall provide ABC with a monthly report indicating proof of performance
regarding advertisements distributed over the Network, such report shall be provided
not later than 15 days after the last day of the previous month.

     (vi) Except as otherwise set forth herein, neither MH nor WR shall use the name
“ABC In-Store Network” or “ABC” or the name of any ABC affiliated company in any way
without ABC’s prior written approval in each instance.

          (c) ABC Responsibilities

     (i) ABC shall be the exclusive sales representative to solicit advertising sales
for the Network. The percentage and display of advertising on the Network shall be the
same as since the inception of the Network. ABC shall perform all services customarily
associated with such function including invoicing advertisers, collecting payments for
all advertising solicited and providing a monthly sales activity report.

     (ii) ABC shall be responsible for making the payments as set forth in Section 3.

 

 

     3. Revenues

     (a) ABC currently projects that the “Net Revenues” (as defined herein) from the sale of
advertising on the Network during the Term shall be approximately $124,500. As used herein,
“Net Revenues” means the gross revenues received by ABC (and not required to be returned)
from ABC’s solicitation of advertising on the Network, less any agency commissions.

     (b) Net Revenues shall be allocated among the parties as follows:

     (i) WR shall receive $51,000, payable at the rate of $17,000 per month. Such
payment shall commence within thirty (30) days after ABC has collected advertising
receipts;

     (ii) MH shall receive $51,000, payable at the rate of $17,000 per month. Such
payment shall commence within thirty (30) days after ABC has collected advertising
receipts; and

     (iii) ABC shall retain $22,500.

     (c) The parties acknowledge and agree that if actual Net Revenues are lower than
projected, each party’s allocation shall be reduced on a pro-rata basis. If actual Net
Revenues exceed projections, any excess funds shall be used to pay for the production of new
ABC Content.

     4. Termination

     Either party may terminate this Agreement (i) at any time in the event of a material breach by
the other party which remains uncured after ten (10) days prior written notice specifying the
nature of the breach thereof, or (ii) immediately following written notice to the other party if
the other party (a) ceases to do business in the normal course, (b) becomes or is declared
insolvent or bankrupt, (c) is the subject of any proceeding related to its liquidation or
insolvency (whether voluntary or involuntary) which is not dismissed within ninety (90) calendar
days, or (d) makes an assignment for the benefit of creditors. This Agreement shall automatically
terminate effective the same day as the termination by Meijer of its consent or request for the
parties to operate the Network.

     5. Representations and Warranties

     Each party represents and warrants to the others that: (i) it has the right and will continue
to have the right, power and authority to enter into and fully perform this Agreement; (ii) it has
not and will not during the Term enter into an agreement which in any way limits or restricts the
full performance of any of its obligations hereunder, (iii) the materials and services provided by
it hereunder, and the use thereof by the other parties pursuant to the terms of this Agreement,
will not infringe upon or violate the rights of any third party. WR further represents and warrants
that it owns, controls or licenses the right, title and interest in or to the ABC In-Store Network
and that the operation of the Network shall not infringe or misappropriate any intellectual
property rights including, without limitation, rights associated with patent, copyrights, trade
secrets, computer software programs, trademarks, service marks, or rights of publicity
(collectively, “Intellectual Property Rights”) of any other person or entity. MH further represents
and warrants that it has obtained all rights necessary for the distribution on the Network of
content produced or provided by MH and that the distribution of such content on the Network shall
not violate any rights, including without limitation, any Intellectual Property Rights of any
person or entity.

     6. Indemnification/Insurance

     (a) Each of the parties shall defend, indemnify, and hold harmless the others and such
other party’s respective parent, affiliated and subsidiary companies, and its or their
officers, directors, employees, and agents of each from and against any and all liability,
loss, claims, demands, damages, suits, costs, fees, and expenses (including reasonable
attorneys’
fees) brought by any third party (collectively, “Claims”) arising out of or resulting
from the indemnitor’s breach of any representation or warranty contained herein or the
services or responsibilities of such party under this Agreement.

 

 

	 	(b)	 	MH and WR shall each maintain, at their sole expense, the following insurance
coverage during the Term:
	 
	 	(a)	 	Workers’ Compensation Insurance as required by applicable law, and
Employer’s Liability Insurance with minimum limits of $1,000,000; and
	 
	 	(b)	 	Employers’ Liability coverage with limits of One Million Dollars
($1,000,000); and
	 
	 	(c)	 	Commercial General Liability, to include contractual liability, and
products/completed operations coverage and cross liability in an amount not less
than Two Million Dollars ($2,000,000) per occurrence; such policy shall be an
occurrence policy and not a claims-made policy.
	 
	 	(d)	 	MH shall also maintain Professional Liability Insurance with a
minimum limit of $1,000,000 per claim, protecting it and ABC and WR from errors
and omissions in connection with the performance of MH’s services hereunder.
	 
	 	(e)	 	Evidence of all insurance required shall be promptly sent to ABC.
Insurance policies shall afford primary coverage and coverages afforded shall not
be modified or canceled until at least thirty (30) days’ prior written notice has
been given to ABC. All insurance shall be with companies and on forms acceptable
to ABC and shall be primary and not contributory with regard to any other
insurance available to ABC. All insurance shall include ABC, its parent and any
subsidiaries of each as additional insureds and contain a waiver of subrogation.
The additional insured requirement does not apply to Workers Compensation,
Employer’s Liability and Professional Liability. The waiver of subrogation
applies to all coverages. The minimum limits of the insurance required herein
shall not diminish any party’s indemnification obligations.

     7. Limitation of Liability

     Except for each party’s indemnification obligations as set forth in Section 6, or a party’s
gross negligence or willful misconduct, no party shall have any liability to any other party or to
anyone claiming under such party for any special, punitive, indirect, incidental or consequential
damages arising from this Agreement, regardless of the legal theory or premise upon which such
damages are sought, even if the party claiming such damages advised the other party of the
possibility of such damages. Further, either party’s liability to the other for direct damages will
not exceed the aggregate sum of $51,000.

     8. Notice

     (a) Notice to the parties shall be given as follows:

	 	 	 
	To ABC:

	 	With a copy to:
	77 West 66th Street

	 	ABC, Inc.
	New York, New York 10023

	 	77 West 66th Street
	Attn: John Watkins, President

	 	New York, New York 10023
	 

	 	Attn: Senior Vice President,
	 

	 	Legal and Business Affairs
	 

	 	     Broadcasting

 

 

	 	 	 
	To MH:

	 	To: WR
	1201 Harmon Place

	 	Baker Technology Plaza North
	3rd Floor

	 	5929 Baker Road, Suite 475
	Minneapolis, MN 55403

	 	Minneapolis, MN 55345
	Att: Kent Hodder, President

	 	Att: Steve Goertz, Regional Vice
	 

	 	     President, Eastern US

     (b) Any notice under this Agreement shall be in writing and shall be deemed effective
the same day if delivered in person or by facsimile with a copy by first class mail, the next
day if delivered by standard overnight courier or three days after mailing by first class
mail.

     9. Assignment

     Neither party may assign this Agreement without the prior written consent of the others,
except that ABC may assign this Agreement and all of its rights and obligations hereunder to any
party acquiring all or any portion of its television business, assets or stock, or to any entity
controlling ABC, controlled by ABC or under common control with ABC.

     10. Confidentiality

     The terms and conditions of this Agreement are confidential and shall not be disclosed to any
third party without the prior written consent of the other parties. In addition, the parties shall
not disclose any “Confidential Information” of any other party. As used herein Confidential
Information shall mean all information, documents and know-how, provided by either party to the
others, in whatever form, relating to such party’s business, including without limitation,
financial information, customer information, and sales information. This confidentiality provision
shall survive for one (1) year beyond the expiration of this Agreement. Confidential Information
does not include any information that (a) is or becomes publicly available without breach of this
Agreement; (b) can be shown to have been known to the receiving party at the time of its receipt
from the disclosing party; (c) is received from a third party who, to the knowledge of the
receiving party, did not disclose such information in breach of a confidentiality obligation; or
(d) can be shown to have been independently developed by the receiving party without reference to
any Confidential Information. During the Term of this Agreement, the receiving party will not
disclose Confidential Information to any third party except as may be required by law, or to the
receiving party’s financial or legal representatives.

     11. Choice of Law and Forum

     This Agreement shall be governed by the laws of the State of New York, without giving effect
to the principles of conflict of laws. The sole and exclusive jurisdiction for any litigation which
may arise regarding this Agreement hereunder shall be an appropriate federal or state court located
in the City of New York, New York.

     12. Miscellaneous

     (a) Neither party shall use any other party’s trademarks or copyrights in news releases,
promotional materials, advertisements, or other displays or materials without such party’s
prior written approval. Any violation of this paragraph of the Agreement shall be deemed to
be a material breach of this Agreement.

     (b) Neither party shall be liable to the other for any delay or failure to perform any
of the services set forth in this Agreement due to cause(s) beyond its reasonable control.

     (c) Nothing in this Agreement shall cause the parties to be partners, joint venturers or
agents of the other and no party shall have the power to bind the others.

 

 

     (d) The waiver or failure of any party to exercise any right in any respect provided for
herein shall not be deemed a waiver of any further right hereunder. The headings in this
Agreement are for the purpose of reference only and shall not in any way limit or otherwise
affect the meaning or interpretation of any of the terms hereof.

     (e) In the event that any one or more of the provisions of this Agreement should for any
reason be held to be invalid or nonenforceable, the remaining provisions of the Agreement
shall remain enforceable.

     (f) No modification or amendment of this Agreement shall be binding upon any party
unless such modification is in writing and signed by all parties hereto. This Agreement
constitutes the entire agreement between the parties and supersedes all prior oral or written
agreements among them.

	 	 	 	 	 	 	 	 	 	 	 
	Accepted and Agreed to:	 	 	 	Accepted and Agreed to:	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	WIRELESS RONIN TECHNOLOGIES	 	 	 	ABC, NATIONAL TELEVISION SALES, INC.	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	/s/ Jeffrey C. Mack
	 	 	 	By:
	 	/s/ John Watkins	 	 
	 

	 	 
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Title:

	 	CEO/President
	 	 	 	Title:
	 	President	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Date:

	 	8/19/08
	 	 	 	Date:
	 	8/30/08	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	MET/HODDER INC.

	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	/s/ Nancy Bordson	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Title:

	 	VP/COO	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Date:

	 	8/20/08

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