Document:

Exhibit 10.7

 

 

[Certain portions of this exhibit have been
omitted pursuant to Rule 24b-2 and are subject to a confidential treatment
request.  Copies of this exhibit
containing the omitted information have been filed separately with the
Securities and Exchange Commission.  
The omitted portions of this document occur on the first and second page
hereof and are marked with a **. ]

 

January 27, 2003

 

Mr. Robert Garner

RK Net Media, Inc.

444 Brickell Ave, #1001

Miami, FL  33131

 

Dear Robert,

 

Please see the letter below
detailing an agreement between VitalStream and RK NetMedia to be effective
February 1, 2003.  We look forward to
extending our relationship with you and your team for the future.

 

Introduction

RK Net Media (“Client”) and
VitalStream, Inc. (“VitalStream”) have enjoyed a business relationship for
several years and are positioned for additional growth.  Client’s servers will continue to be
maintained consistent with past practices, both locally in Irvine and Los
Angeles and at remote sites by VitalStream. 
Client may, at its discretion, migrate servers from remote sites to
local data centers in Irvine and Los Angeles. 
This letter shall serve as Exhibit A to the VitalStream Terms of Service
to be executed by Client, and VitalStream’s obligations under this letter will
be subject to Client’s acceptance of and agreement to the VitalStream Terms of
Service.  This letter and the
VitalStream Terms of Service are sometimes collectively referred to herein as
the “Agreement.”  Where any conflict
between the VitalStream Terms of Service and this letter may exist, the terms
within this letter will prevail.

 

Pricing

 

[**Pricing
information is omitted pursuant to Rule 24b-2, filed separately with the
Securities and Exchange Commission and is subject to a confidential treatment
request. ]

 

 

Contract
Term/Payment

The Agreement will remain in
effect for a period of six months and shall automatically renew for additional
six-month terms unless one party notifies the other in writing not less than 30
days prior to the end of the then-current term of its desire not to renew.  Notwithstanding the foregoing, VitalStream
shall have the right to terminate the Agreement at any time and for any reason
upon written notice to Client in accordance with the terms of the VitalStream
Terms of Service.  Payment for all
amounts billed in connection with this letter will be due within three (3) days
of Client’s receipt of the applicable invoice and Client will submit all
payments via Federal Express or a similar express service.

 

Carrier
Selection

To ensure proper network
performance, Client’s traffic will initially traverse across the NTT Verio,
Williams Communications and/or Epoch Networks networks (the latter starts
approximately February 28, 2003).  VitalStream
may replace existing carriers or add additional carriers at any time but any
such future carrier additions or modifications which could affect network
performance will be reviewed in advance with Client.

 

Service Level

Client will receive
VitalStream’s service level agreement as detailed in VitalStream’s Terms of
Service for all traffic originating from VitalStream’s Irvine or Los Angeles
data centers.  For all traffic
originating from the remote site in Virginia and any other remote sites, Client
acknowledges that all traffic will be transmitted via a single carrier network
and will not have redundant carrier connections in the event of failure.  All remote traffic will be subject to the
following service credits:

 

[**Omitted
pursuant to Rule 24b-2, filed separately with the Securities and Exchange
Commission and is subject to a confidential treatment request. ]

 

Maintenance

VitalStream will provide
various maintenance services for Client’s local and remote site servers
consistent with past practices.  In the
event of a hardware failure at a local site, VitalStream will advise Client for
required replacement parts.  Hardware
and software failures at a local site requiring less than two hours of support
time per incident will not be subject to any additional monthly charges.  Any major failures or new solution
deployments requiring more than two hours of support time may be subject to
special charges, which will be agreed upon prior to implementation of any
services if or when practicable.

 

 

2

All maintenance and issue resolution for remote site hardware will be
administered by VitalStream via KVM access. 
As with local equipment, software failures requiring less than two hours
of support time per incident will not be subject to any additional
monthly charges.  In the instance of
remote site hardware failures, VitalStream will advise Client for required
replacement parts if or when practicable. 
VitalStream will then coordinate with collocation facility staff to
repair or replace all affected hardware. 
Any third party support costs incurred to correct a failure at a remote
site will be passed along a VitalStream’s cost to the Client for immediate
payment if or when practicable.

 

Data Backups

VitalStream may offer data
protection services as an optional, adjunct service for Client.  Automated data protection can be provided at
local site in Irvine or Los Angeles for additional monthly fees.

 

	
  /s/ Robert
  Garner

  	
   

  	
   

  
	
  Client
  Signature

  	
  Date

  
	
   

  	
   

  
	
   

  	
   

  
	
  /s/  David Williams

  	
   

  	
   

  
	
  VitalStream
  Signature

  	
  Date

  
					

 

3Exhibit 10.18

 

MEMORANDUM OF UNDERSTANDING

 

This

Memorandum of Understanding is made and entered into this 1st day of

April, 2003, by and between Broin Enterprises, Inc., a South Dakota corporation

doing business as Dakota Commodities, having its principal office at 851

Washington, Scotland, SD 57059 (hereinafter referred to as the “Marketer”) and

Dakota Ethanol, having its principal office at Wentworth, South Dakota

(hereinafter referred to as “Plant”).

 

R E C I T A L S

 

1.                                       Pursuant

to the terms of the DDGS Marketing Agreement dated effective the 7th

day of June, 2001, Marketer has the exclusive rights to market all DDGS

produced from Plant’s facility in Wentworth.

 

2.                                       Marketer

has entered into agreement with third parties to lease rail hopper cars

(covered quadruple hopper car equipped with trough hatches and gravity

discharge gates), hereinafter referred to as “Rail Cars”.

 

3.                                       Plant

desires to utilize Rail Cars leased by Marketer in the sale and delivery of Dry

Distiller’s Grain with Solubles (“DDGS”) produced by Plant.

 

4.                                       Marketer

and Plant desire to memorialize their mutual understanding of the terms and

conditions for the use of Marketer’s Rail Cars.

 

NOW, THEREFORE, in

consideration of the mutual promises and conditions hereinafter set forth and

other good and valuable consideration, the receipt in sufficiency of which is

hereby acknowledged, Marketer and Plant hereby acknowledge and agree as

follows:

 

1.                                       Marketer

will charge Plant for the use of Rail Cars in shipping DDGS from Plant location

to customer rail delivery location. 

Marketer will notify Plant in advance of the rate it intends to charge

for use of Rail Cars, processing, demurrage, Rail Car tracking, mileage credit

audit and billing services.  Plant may

either accept or reject the rate offered by Marketer.  If Marketer fails to quote a rate to Plant prior to the loading

of any Rail Car, then both parties agree that the last rate charged by Marketer

will apply.  In the event that Plant

allows Marketer’s Rail Cars to be loaded without notifying Marketer of Plant’s

acceptance of the quoted rate, Plant shall be deemed to have accepted the rate

quoted by Marketer.

 

2.                                       All

mileage credits will be kept by Marketer to cover expenses.

 

 

3.                                       All

demurrage fees that are out of the control of the Marketer shall be the

responsibility of Plant.  Examples of

such situations include, but are not limited to, slow unloading Rail Cars

related to condition of DDGS or Rail Cars idled due to inability to access

plant site.  Any other demurrage fees

shall be the responsibility of Marketer.

 

4.                                       Both

parties acknowledge and agree that Marketer shall be solely responsible for the

coordination of the movement of Rail Cars. 

Plant acknowledges that Marketer may move cars between Plant and other

ethanol plant locations in order to maximize efficiencies.

 

5.                                       Marketer

will be responsible for damages incurred to Rail Cars in the ordinary course of

business, except under circumstances described in #6 below.

 

6.                                       Marketer

will provide Plant with Rail Car inspection procedures to be followed by Plant

in order to assure that a proper base line of existing damage is

documented.  In the event that Plant

fails to properly follow the Rail Car inspection procedures specified by

Marketer, then Plant agrees to reimburse Marketer for any damage costs incurred

by Marketer relating to Rail Cars in which such procedures were not followed.

 

7.                                       This

memorandum of understanding may be terminated by either party by giving a 90

day notice to the other party.  In the

event of termination, both parties agree that the terms of this memorandum of

understanding shall continue to apply to all DDGS shipping in progress using

Marketer’s Rail Cars on the date of notice of termination.

 

8.                                       The

term for this Memorandum of Understanding follows the existing Rail Car Leases

in effect at this time.  Any new Rail

Car Leases made at a later time to benefit the plant will also extend the term

of this Memorandum of Understanding.

 

Dated and

effective the day and year first above written.

 

	

  BROIN

  ENTERPRISES, INC.

  
	

  D/B/A DAKOTA

  COMMODITIES

  
	

   

  
	

  By:

  	

  /s/ Garry R.

  Gall

  	

   

  
	

   

  	

   

  	

   

  
	

  “PLANT”:

  	

  Dakota

  Ethanol

  	

   

  
	

   

  	

   

  	

   

  
	

  By:

  	

  s/s Dean

  Frederickson

  	

   

  
				

 

2

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