Document:

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                                  EXHIBIT 10.9

                              SERVICE MARK LICENSE

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                         SERVICE MARK LICENSE AGREEMENT

            This SERVICE MARK LICENSE AGREEMENT ("Agreement") is made and
entered into as of October 3, 2000, by and between BANNER'S CENTRAL ELECTRIC,
INC., a California corporation ("Licensor") and HISPANIC EXPRESS, INC., a
Delaware corporation ("Licensee"), with respect to the following:

                                    RECITALS

            WHEREAS, Licensor is the owner of the service mark "Central," which
has been federally registered pursuant to Application Serial No. 74/302,910,
filed August 10, 1992 (the "Mark"); and

            WHEREAS, Licensee desires to obtain a license to use the Mark in
connection with the rental and sale of various consumer items, including
consumer electronic goods, household appliances and furniture, the provision of
travel agency services, and activities related thereto (collectively, the
"Licensed Services"), and Licensor is willing to grant to Licensee a license to
use the Mark in connection with the marketing and provision of the Licensed
Services, pursuant to the terms and conditions set forth in this Agreement.

            NOW, THEREFORE, based on the foregoing premises, in consideration of
the mutual promises set forth in this Agreement and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties hereto hereby agree as follows:

1.      Grant of License. Subject to the terms and conditions of this Agreement,
        Licensor hereby grants to Licensee, and Licensee hereby accepts, a
non-exclusive license in and to the Mark for the purpose of marketing and
providing the Licensed Services throughout the world.

2.      Reservation of Rights. All rights not expressly granted to Licensee
under this Agreement are hereby reserved by Licensor. Without limiting the
generality of the foregoing, Licensor shall have the right to use, and to
authorize others to use, the Mark in connection with any goods or services
whatsoever. Licensee shall have no right to grant sub-licenses in or to the Mark
without the prior written consent of Licensor in each instance.

3.      Mark Ownership and Retention of Rights. Licensor represents and warrants
that it is the owner of all right, title, and interest in and to the Mark for
use with the Licensed Services. As between Licensor and Licensee, Licensor will
retain all right, title and interest in and to the Mark except for the limited
license rights expressly granted to Licensee under this Agreement, and all use
of the Mark, as permitted under this Agreement, shall inure to the benefit of
Licensor. Licensee shall not, directly or indirectly, during the term of this
Agreement or thereafter, challenge the ownership or validity of the Mark or
assist any third party in doing the same. Licensee shall not file any
applications to register the Mark in any country of the world for any goods or
services. Licensee shall cooperate with Licensor in the filing and prosecution
of applications to register the Mark, to the extent reasonably requested by
Licensor.

4.      Quality Control. Licensee shall use its best efforts to market and
promote the Licensed Services according to the highest standards of quality.
Licensor shall have the right to inspect

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Licensee's marketing and provision of the Licensed Services and to determine
whether Licensee's use of the Mark is satisfactory to Licensor. All Licensed
Services (and any packaging therefor) marketed or provided by Licensee using the
Mark shall contain a trademark notice that is acceptable to Licensor in
Licensor's sole and exclusive discretion.

5.      Infringement. Licensee shall notify Licensor promptly of any
infringement by any third party of the Mark of which Licensee becomes aware.
Licensor shall have the sole and exclusive right, but not the obligation, to
take such action as Licensor deems appropriate upon such notice. Licensor shall
have the right, but not the obligation, to take and control any legal action
undertaken under this Section. Licensee agrees to cooperate fully in any action
taken by Licensor and shall take no action (legal or otherwise) relating to such
infringement without Licensor's prior written consent in each instance. If
Licensor takes and controls any legal action, settlement proceeds, damages or
other recovery shall be for the sole benefit and account of Licensor and
Licensee shall, upon Licensor's written request, be named, joined and
participate in such legal action as a nominal plaintiff and cooperate with
Licensor in such action as shall be reasonably requested by Licensor.

6.      Indemnification.

            6.1 Indemnification By Licensor. Licensor shall defend, indemnify
and hold harmless Licensee, its subsidiaries, affiliates, successors, assigns,
predecessors, stockholders, officers, directors, agents, employees, attorneys
and representatives, and all personnel of each of them, past or present (all of
the foregoing parties referred to collectively as the "Licensee Indemnified
Parties"), from and with respect to any loss or damage (including, but not
limited to, reasonable attorneys' fees and costs) incurred or suffered by
Licensor that relates to, arises from or is connected to any claim, suit or
proceeding (collectively, a "Claim") brought by a third party against Licensee:
(i) insofar as such Claim is based on an assertion alleging facts or
circumstances that, if true, would constitute a breach of any representation or
warranty of Licensor set forth in the first sentence of Section 5 above and (ii)
if Licensee gives Licensor prompt written notice of any Claim and provides
Licensor such reasonable cooperation and assistance as Licensor may request from
time to time in the defense thereof.

            6.2 Indemnification By Licensee. Licensee shall indemnify and hold
harmless Licensor, its subsidiaries, affiliates, successors, assigns,
predecessors, stockholders, officers, directors, licensors, agents, employees,
attorneys and representatives, and all personnel of each of them, past or
present (all of the foregoing parties referred to collectively as the "Licensor
Indemnified Parties"), from and with respect to any loss or damage (including,
but not limited to, reasonable attorneys' fees and costs) incurred or suffered
by Licensor that relates to, arises from or is connected to any Claim brought by
a third party against any of the Licensor Indemnified Parties: (i) insofar as
such Claim is based on an assertion alleging facts or circumstances that, if
true, would constitute a breach of any representation, warranty, covenant or
other provision of this Agreement by Licensee and (ii) if Licensor gives
Licensee prompt written notice of any such Claim and provides Licensee such
reasonable cooperation and assistance as Licensee may request from time to time
in the defense thereof.

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            6.3 Sole and Exclusive Remedy for Infringement. If the Mark is
determined by a court of competent jurisdiction pursuant to a final adjudication
to infringe the rights of a third party, Licensee's sole and exclusive remedy
shall be to terminate this Agreement.

7.      Limitations of Liability; No Consequential Damages.

            NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED HEREIN, NEITHER
PARTY SHALL, UNDER ANY CIRCUMSTANCES, BE LIABLE TO THE OTHER PARTY FOR
CONSEQUENTIAL, PUNITIVE, INCIDENTAL, OR SPECIAL DAMAGES, INCLUDING BUT NOT
LIMITED TO LOST PROFITS, EVEN IF SUCH PARTY HAS BEEN APPRISED OF THE LIKELIHOOD
THEREOF. Without limitation of the foregoing, neither party to this Agreement
shall be liable to the other by reason of termination of this Agreement and for
damages on account of any loss of prospective profits on anticipated sales or on
account of expenditures, investments, leases or other commitments relating to
the business or goodwill of either party.

8.      Term. This Agreement shall become effective on the date first set forth
        above and shall continue for a period of one (1) year thereafter. This
Agreement shall automatically be renewed for additional one (1) year terms
unless either party gives notice to the other party of its intention not to
renew the Agreement, which notice must be given not less than ninety (90) days
before the end of the initial or renewal term, as applicable. The initial one
(1) year term and any additional renewed terms are collectively referred to in
this Agreement as the "Term." Notwithstanding the foregoing, neither party shall
be under any obligation to renew or extend this Agreement or to enter into any
new agreement with the other party following the expiration of the Term.

9.      Termination.

            9.1 Termination by Licensor. Licensor shall have the right to
terminate this Agreement as follows:

            (a) At any time upon six (6) month's notice with or without any
cause or reason;

            (b) At any time if Licensee is in default of any provision of this
Agreement and such default remains uncured for a period of thirty (30) days
after Licensee is given written notice of such default by Licensor; or

            (c) Immediately without notice if there is a change of control of
Licensee. For purposes of this Section the phrase "change in control" shall be
afforded its broadest interpretation, and shall include, without limitation, (i)
the change in ownership of a majority of the outstanding securities of Licensee
that give such securities' owner voting control of Licensee, (ii) the
acquisition of Licensee by or merger of Licensee with a third party and (iii)
the sale of all or substantially all of the assets of Licensee.

            9.2 Termination by Licensee. Licensee shall have the right to
terminate this Agreement if Licensor is in default of a material provision of
this Agreement and such default remains uncured for a period of thirty (30) days
after Licensor is given written notice of such default by Licensee.

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            9.3 Effect of Termination. Upon the expiration or earlier
termination of this Agreement, Licensee shall cease all display, advertising and
use of the Mark and shall not thereafter display, advertise or use any name,
mark or logo that is similar to or confusing with the Mark. Neither party shall
be under any obligation of any kind whatsoever to the other party by reason of
any failure or refusal to renew or extend the operation of this Agreement or to
enter into any new agreement with the other party following the expiration of
the Term.

10.     Notices. All notices, requests, demands and other communications
provided for by this Agreement shall be in writing and shall be deemed to have
been given at the time when mailed in any general or branch office of the United
States Postal Service, enclosed in a registered or certified postpaid envelope,
or sent by Federal Express or other similar overnight courier service, addressed
to the appropriate party at 5480 East Ferguson Drive, Commerce, California,
90022, attention: Secretary, or to such changed address as such party may have
given by notice hereunder.

11.     General Provisions.

            11.1 Specific Performance. If Licensee should default in any of
Licensee's obligations under this Agreement, Licensee acknowledges that Licensor
may be irreparably damaged and that it would be extremely difficult and
impractical to measure such damage. Accordingly, Licensee acknowledges that
Licensor, in addition to any other available rights or remedies, shall be
entitled to specific performance, injunctive relief and any other equitable
remedy, and Licensee waives the defense that a remedy at law or damages is
adequate.

            11.2 Independent Parties. Nothing contained herein shall be deemed
to create or construed as creating a joint venture or partnership between
Licensor and Licensee. Neither party is, by virtue of this Agreement or
otherwise, authorized as an agent or legal representative of the other party.
Except as may be expressly for in this Agreement, neither party is granted any
right or authority under this Agreement to assume or to create any obligation or
responsibility, express or implied, on behalf of or in the name of the other
party or to bind such other party in any manner

            11.3 Entire Agreement. This Agreement constitutes the entire
understanding and agreement between the parties hereto and supersedes any and
all prior or contemporaneous representations, understandings and agreements
between Licensor and Licensee with respect to the subject matter hereof.

            11.4 Amendments. This Agreement shall not be modified, amended,
supplemented or in any way altered except by an instrument in writing signed by
Licensee and Licensor.

            11.5 Waiver. No waiver of any provision of this Agreement shall be
effective unless in writing and signed by the party against whom the waiver is
sought to be enforced. No failure or delay by either party in exercising any
right, power, or remedy under this Agreement shall operate as a waiver of such
right, power, or remedy. No waiver of any provision, condition or default of
this Agreement shall be construed as a waiver of any other provision, condition
or default.

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            11.6 Severability of Provisions. In the event that any provision of
this Agreement is found invalid or unenforceable pursuant to judicial decree or
decision, the remainder of this Agreement shall remain valid and enforceable
according to its terms.

            11.7 Assignment. Licensee shall not assign or transfer this
Agreement or any of its rights, duties or obligations hereunder without the
prior written consent of Licensor, which consent may be granted or withheld by
Licensor in its sole and exclusive discretion. Any attempted assignment without
such consent shall be null and void. Licensor shall be free to assign or
transfer this Agreement or any interest herein in Licensor's sole and exclusive
discretion.

            11.8 Binding Nature of Agreement. This Agreement shall be binding
upon and inure to the benefit of each of the parties hereto and their respective
legal successors and permitted assigns and, with respect to Licensee, to
Licensee's subsidiaries, whether existing on the date first set forth above or
thereafter.

            11.9 Governing Law, Forum and Jurisdiction. The validity,
construction, interpretation and legal effect of this Agreement shall be
governed by the laws and judicial decisions of the State of California
applicable to contracts entered into and performed entirely within the State of
California and the Federal laws of the United States. Licensor and Licensee
expressly agree that any action at law or in equity arising out of or relating
to this Agreement shall be filed and maintained only in the courts of the State
of California for the County of Los Angeles, or the United States District Court
for the Central District of California. The parties hereby consent and submit to
the personal jurisdiction of such courts for the purposes of litigating any such
action.

            11.10 Attorneys' Fees. In the event any litigation or other
proceeding is brought by either party arising out of or relating to this
Agreement, the prevailing party in such litigation or other proceeding shall be
entitled to recover from the other party all costs, attorneys' fees and other
expenses incurred by such prevailing party in such litigation or other
proceeding.

            11.11 No Third Party Rights. Except as may be expressly provided
for, this Agreement is not for the benefit of any third party and shall not be
considered to grant any right or remedy to any third party whether or not
referred to in this Agreement.

            11.12 Headings. The section headings of this Agreement are intended
as a convenience only and shall not affect the interpretation of its provisions.

            11.13 Counterparts. This Agreement may be executed in counterparts,
each of which shall be deemed an original and all of which together shall
constitute one and the same instrument.

            11.14 Survival. The rights and obligations set forth in Sections 2,
3, 5, 6, 7, 10 and 11 shall survive the expiration or any earlier termination of
this Agreement for any reason whatsoever.

            IN WITNESS WHEREOF, the parties hereto have executed this Agreement
as of the date first set forth above.

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LICENSOR:                                LICENSEE:

BANNER'S CENTRAL ELECTRIC, INC.          HISPANIC EXPRESS, INC.

By: /s/ Gary M. Cypres                   By: /s/ Gary M. Cypres
    -------------------------------          -----------------------------------
    Gary M. Cypres, Chief Executive          Gary M. Cypres,
    Officer and President                    Chief Executive Officer, Chief
                                             Financial Officer and Secretary<PAGE>   1

                                  EXHIBIT 10.10

                        FORM OF INDEMNIFICATION AGREEMENT

                        FOR EACH OF THE FOLLOWING LIST OF

                             OFFICERS AND DIRECTORS

<TABLE>
<CAPTION>
NAME                                  POSITION
--------------------------------------------------------------------------------
<S>                                   <C>
Gary M. Cypres                        Chairman of the Board, President, Chief
                                      Executive Officer and Secretary
Steve J. Olman                        President of Centravel, Inc.
Ed Valdez                             Vice President of Operations
Donald Keys                           Vice President of Credit and Collections
Howard Weitzman                       Vice President and Chief Financial Officer
Salvatore Caltagirone                 Director
William R. Sweet                      Director
Jose de Jesus Legaspi                 Director
</TABLE>

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                            INDEMNIFICATION AGREEMENT

            This INDEMNIFICATION AGREEMENT (the "Agreement") is dated as of
September 6, 2000, by and between HISPANIC EXPRESS, INC., a Delaware corporation
(the "Company"), and the director and/or officer of the Company whose name
appears on the signature page of this Agreement ("Indemnitee").

            WHEREAS, highly competent persons are becoming more reluctant to
serve publicly-held corporations as directors, officers, or in other capacities
unless they are provided with reasonable protection through insurance or
indemnification against risks of claims and actions against them arising out of
their service to and activities on behalf of the corporations;

            WHEREAS, the Board of Directors of the Company (the "Board") has
determined that the Company should act to assure such persons that there will be
increased certainty of such protection in the future;

            WHEREAS, it is reasonable, prudent, and necessary for the Company
contractually to oblige itself to indemnify such persons to the fullest extent
permitted by applicable law so that they will serve or continue to serve the
Company free from undue concern that they will not be so indemnified; and

            WHEREAS, Indemnitee is willing to serve and to take on additional
service for or on behalf of the Company on the condition that Indemnitee be so
indemnified.

            NOW, THEREFORE, in consideration of the premises and the mutual
covenants and conditions herein contained, the parties agree as follows:

            1. Definitions. For purposes of this Agreement:

                    a. "Disinterested Director" shall mean a director of the
Company who is not or was not a party to the Proceeding in respect of which
indemnification is being sought by Indemnitee.

                    b. "Expenses" shall include all reasonable attorneys' fees
and costs, retainers, court costs, transcripts, fees of experts, witness fees,
travel expenses, duplicating costs, printing and binding costs, telephone
charges, postage, delivery service fees, and all other disbursements or expenses
customarily incurred in connection with asserting or defending claims.

                    c. "Independent Counsel" shall mean a law firm or lawyer
that neither is presently nor in the past five years has been retained to
represent: (i) the Company or Indemnitee in any matter material to either such
party, or (ii) any other party to the Proceeding giving rise to a claim for
indemnification hereunder. Notwithstanding the foregoing, the term "Independent
Counsel" shall not include any firm or person who, under the applicable
standards of professional conduct then prevailing, would have a conflict of
interest in representing either

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the Company or Indemnitee in an action to determine Indemnitee's right to
indemnification under this Agreement. All fees and expenses of the Independent
Counsel incurred in connection with acting pursuant to this Agreement shall be
borne by the Company.

                    d. "Proceeding" includes any action, suit, arbitration,
alternate dispute resolution mechanism, investigation, administrative hearing or
any other proceeding whether civil, criminal, administrative or investigative,
provided, however, that the term "Proceeding" shall include any action
instituted by an Indemnitee (other than an action to enforce indemnification
rights under this Agreement) only if such action is authorized by the Board.

            2. Service by Indemnitee. Indemnitee agrees to begin or to continue
to serve the Company or other corporation, partnership, joint venture, employee
benefit plan, trust or other enterprise affiliated with the Company (all of
which are collectively referred to as an "Affiliate") as an officer, director,
advisory director, or board committee member. Notwithstanding anything contained
herein, this Agreement shall not create a contract of employment between the
Company and Indemnitee and the termination of Indemnitee's relationship with the
Company or an Affiliate by either party hereto shall not be restricted by this
Agreement.

            3. Indemnification. The Company shall indemnify indemnitee for, and
hold Indemnitee harmless from and against, any losses, liabilities, claims,
judgments, fines or Expenses at any time incurred by or assessed against
Indemnitee arising out of or in connection with the service of Indemnitee as an
officer, director, advisory director or board committee member of the Company or
of an Affiliate (collectively referred to as an "Officer or Director") to the
fullest extent permitted by the laws of the State of Delaware in effect on the
date hereof or as such laws may from time to time hereafter be amended to
increase the scope of such permitted indemnification; provided, however, the
Company shall indemnify Indemnitee in connection with a Proceeding instituted by
Indemnitee (other than an action to enforce indemnification rights under this
agreement), only if such proceeding is authorized by the Board. Without
diminishing the scope of the indemnification provided by this Section 3, the
rights of indemnification of Indemnitee provided hereunder shall include but
shall not be limited to those rights set forth hereinafter.

            4. Action or Proceeding Other Than an Action by or in the Right of
the Company. Indemnitee shall be entitled to the indemnification rights provided
herein if Indemnitee is a person who was or is made a party or is threatened to
be made a party to any pending, completed or threatened Proceeding, other than
an action by or in the right of the Company, by reason of (a) the fact that
Indemnitee is or was an Officer or Director of the Company or any other entity
which Indemnitee is or was serving at the request of the Company, or (b)
anything done or not done by Indemnitee in any such capacity. Pursuant to this
Section, Indemnitee shall be indemnified against Expenses, losses, claims,
liabilities, judgments, fines and amounts paid in settlement incurred by
Indemnitee or on Indemnitee's behalf in connection with any Proceeding, if
Indemnitee acted in good faith and in a manner Indemnitee reasonably believed to
be in or not opposed to the best interests of the Company, did not receive an

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improper personal benefit, and, with respect to any criminal proceeding, had no
reasonable cause to believe his conduct was unlawful.

            5. Actions by or in the Right of the Company. Indemnitee shall be
entitled to the indemnification rights provided herein if Indemnitee is a person
who was or is made a party or is threatened to be made a party to any pending,
completed or threatened Proceeding brought by or in the right of the Company to
procure a judgment in its favor by reason of (a) the fact that Indemnitee is or
was an Officer or Director of the Company or any other entity which Indemnitee
is or was serving at the request of the Company, or (b) anything done or not
done by Indemnitee in any such capacity. Pursuant to this Section, Indemnitee
shall be indemnified against Expenses, losses, claims, liabilities, judgments,
fines and amounts paid in settlement incurred by Indemnitee or on Indemnitee's
behalf in connection with any Proceeding if Indemnitee acted in good faith and
in a manner Indemnitee reasonably believed to be in or not opposed to the best
interests of the Company. Notwithstanding the foregoing provisions of this
Section, no such indemnification shall be made in respect of any claim, issue or
matter as to which Delaware law expressly prohibits such indemnification by
reason of an adjudication of liability of Indemnitee to the Company; provided,
however, that in such event such indemnification shall nevertheless be made by
the Company to the extent that the Court of Chancery of the State of Delaware or
the court in which such action or suit was brought shall determine equitable
under the circumstances.

            6. Indemnification for Costs, Charges and Expenses of Party Who is
Wholly or Partly Successful. Notwithstanding any provision of this Agreement, to
the extent that Indemnitee has been wholly successful on the merits or otherwise
involved in any Proceeding on any claim, issue or matter, Indemnitee shall be
indemnified against all Expenses incurred by Indemnitee or on Indemnitee's
behalf in connection therewith to the extent permitted by Delaware law. If
Indemnitee is not wholly successful in such Proceeding but is successful, on the
merits or otherwise, as to one or more but less than all claims, issues or
matters in such Proceeding, the Company shall indemnify Indemnitee to the
maximum extent permitted by law, against all Expenses, judgments, penalties,
fines and amounts paid in settlement, incurred by Indemnitee with each
successfully resolved claim, issue or matter. For purposes of this Section and
without limitation, the termination of any such claim, issue or matter by
dismissal with or without prejudice shall be deemed to be a successful result as
to such claim, issue or matter.

            7. Indemnification for Expenses of a Witness. Notwithstanding any
other provision of this Agreement, to the extent that Indemnitee is a witness in
any Proceeding in which the Indemnitee is not a party by reason of the fact that
Indemnitee is or was an Officer or Director of the Company or any other entity
which Indemnitee is or was serving at the request of the Company, Indemnitee
shall be indemnified by the Company against all Expenses actually and reasonably
incurred by Indemnitee or on Indemnitee's behalf in connection therewith.

            8. Advancement of Expenses and Costs. All Expenses incurred by or on
behalf of Indemnitee (or reasonably expected by Indemnitee to be incurred by
Indemnitee within three months) shall be paid by the Company in advance of the
final disposition of such

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proceeding within twenty days after the receipt by the Company of a statement or
statements from Indemnitee requesting from time to time such advance or
advances. Indemnitee's entitlement to such advancement of Expenses shall include
those incurred in connection with any proceeding by Indemnitee seeking an
adjudication or award in arbitration pursuant to this Agreement. Such statement
or statements shall reasonably evidence such Expenses incurred (or reasonably
expected to be incurred) by Indemnitee in connection therewith and shall include
or be accompanied by a written undertaking by or on behalf of Indemnitee to
repay such amount if it shall ultimately be determined that Indemnitee is not
entitled to be indemnified therefor pursuant to the terms of this Agreement.

            9. Procedure for Determination of Entitlement to Indemnification.

                a. When seeking indemnification under this Agreement, Indemnitee
shall submit a written request for indemnification to the Company. Such request
shall include documentation or information which is reasonably necessary for the
Company to make a determination of Indemnitee's entitlement to indemnification
hereunder and which is reasonably available to Indemnitee. Determination of
Indemnitee's entitlement to indemnification shall be made not later than 30 days
after receipt by the Company of Indemnitee's written request for
indemnification. The Secretary of the Company shall, promptly upon receipt of
Indemnitee's request for indemnification, advise the Board that Indemnitee has
made such request for indemnification.

                b. The entitlement of Indemnitee to indemnification under this
Agreement shall be determined in each specific case by the Board by a majority
vote of a quorum consisting of Disinterested Directors. If such a quorum is not
obtainable or if the Board by the majority vote of Disinterested Directors so
directs, the determination shall be made by Independent Counsel.

                c. In the event the determination of entitlement is to be made
by Independent Counsel, such Independent Counsel shall be selected by the Board
and approved by Indemnitee. Upon failure of the Board to so select such
Independent Counsel or upon failure of Indemnitee to so approve, such
Independent Counsel shall be selected by the Court of Chancery of the State of
Delaware or such other person as the Court of Chancery shall designate to make
such selection.

                d. If the Board or Independent Counsel shall have determined
that Indemnitee is not entitled to indemnification to the full extent of
Indemnitee's request, Indemnitee shall have the right to seek entitlement to
indemnification in accordance with the procedures set forth in Section 10
hereof.

            10. Effect of Certain Proceedings.

                a. If the person or persons empowered to make a determination
with respect to entitlement to indemnification shall have failed to make the
requested determination within 30 days after receipt by the Company of such
request, the requisite determination of entitlement to indemnification shall be
deemed to have been made and Indemnitee shall be

<PAGE>   6

absolutely entitled to such indemnification, absent (i) misrepresentation by
Indemnitee of a material fact in the request for indemnification or (ii) a final
judicial determination that all or any part of such indemnification is expressly
prohibited by law. The termination of any Proceeding by judgment, order,
settlement or conviction, or upon a plea of nolo contendere or its equivalent,
shall not, of itself, adversely affect the rights of Indemnitee to
indemnification hereunder except as may be specifically provided herein, or
create a presumption that Indemnitee did not act in good faith, receive an
improper personal benefit or act in a manner which Indemnitee reasonably
believed to be in or not opposed to the best interests of the Company or create
a presumption that (with respect to any criminal action or proceeding)
Indemnitee had reasonable cause to believe that Indemnitee's conduct was
unlawful.

                b. For purposes of any determination of good faith hereunder,
Indemnitee shall be deemed to have acted in good faith if Indemnitee's action is
based on the records or books of account of the Company or an Affiliate,
including financial statements, or on information supplied to Indemnitee by the
officers of the Company or an Affiliate in the course of their duties, or on the
advice of legal counsel for the Company or an Affiliate or on information or
records given or reports made to the Company or an Affiliate by an independent
certified public accountant or by an appraiser or other expert selected with
reasonable care by the Company or an Affiliate. The provisions of this Section
10(b) shall not be deemed to be exclusive or to limit in any way the other
circumstances in which the Indemnitee may be deemed to have met the applicable
standard of conduct set forth in this Agreement.

                c. The knowledge and/or actions, or failure to act, of any
director, officer, agent or employee of the Company or an Affiliate shall not be
imputed to Indemnitee for purposes of determining the right to indemnification
under this Agreement.

            11. Remedies in Cases of Determination not to Indemnify or to
Advance Expenses.

                a. In the event that (i) a determination is made that Indemnitee
is not entitled to indemnification hereunder, (ii) advances are not made
pursuant to Section 8 or (iii) payment has not been timely made following a
determination of entitlement to indemnification pursuant to Sections 9 and 10,
Indemnitee shall be entitled to seek a final adjudication in an appropriate
court of the State of Delaware or any other court of competent jurisdiction of
Indemnitee's entitlement to such indemnification in advance. Alternatively,
Indemnitee at Indemnitee's option may seek an award in arbitration to be
conducted by a panel of three arbitrators in Los Angeles County, California,
pursuant to the rules of the American Arbitration Association then prevailing,
such award to be made within sixty days following the filing of the demand for
arbitration. The Company shall not oppose Indemnitee's right to seek arbitration
of any such claim.

                b. In the event a determination has been made, in whole or in
part, that Indemnitee is not entitled to indemnification, any such judicial
proceeding or arbitration shall be made de novo and Indemnitee shall not be
prejudiced by reason of any prior determination that Indemnitee is not entitled
to indemnification.

<PAGE>   7

                c. If a determination is made or deemed to have been made
pursuant to the terms of Section 10 or Section 11 hereof that Indemnitee is
entitled to indemnification, the Company shall be bound by such determination in
any judicial proceeding or arbitration in the absence of (i) a misrepresentation
of a material fact by Indemnitee or (ii) a final judicial determination that all
or any part of such indemnification is expressly prohibited by law.

                d. The Company and Indemnitee agree that they shall be precluded
from asserting that the procedures and presumptions of this Agreement are not
valid, binding and enforceable. The Company and Indemnitee further agree to
stipulate in any such court or before any such arbitrators that the Company and
Indemnitee are bound by all the provisions of this Agreement and are precluded
from making any assertion to the contrary.

                e. To the extent deemed appropriate by the arbitrators or the
court, interest shall be paid by the Company to Indemnitee at a reasonable
interest rate, for amounts which the Company indemnifies the Indemnitee.

            12. Expenses Incurred by Indemnitee to Enforce this Agreement.
Reasonable Expenses incurred by Indemnitee in connection with the preparation
and submission of Indemnitee's request for indemnification hereunder shall be
borne by the Company. In the event that Indemnitee is a party to or intervenes
in any proceeding in which the validity or enforceability of this Agreement is
at issue or seeks an adjudication or award in arbitration to enforce
Indemnitee's rights under, or to recover damages for breach of, this Agreement,
Indemnitee, if Indemnitee prevails in whole in such action, shall be entitled to
recover from the Company and shall be indemnified by the Company against, any
Expenses incurred by Indemnitee. If it is determined that Indemnitee is entitled
to indemnification of part (but not all) of the indemnification so requested,
Expenses incurred in seeking enforcement of such partial indemnification shall
be reasonably prorated among such claims, issues or matters.

            13. Non-Exclusivity. The rights of indemnification and to receive
advances as provided by this Agreement shall not be deemed exclusive of any
other rights to which Indemnitee may at any time be entitled under applicable
law, certificate of incorporation, the Bylaws, any agreement, a vote of
stockholders or a resolution of Directors, or otherwise. No amendment,
alteration, rescission or replacement of this Agreement or any provision hereof
shall be effective as to Indemnitee with respect to any action taken or omitted
by such Indemnitee in Indemnitee's position with the Company or an Affiliate or
any other entity which Indemnitee is or was serving at the request of the
Company prior to such amendment, alteration, rescission or replacement.

            14. Duration of Agreement. This Agreement shall apply to any claim
asserted and any Expenses incurred in connection with any claim asserted on or
after the effective date of this Agreement and shall continue until and
terminate upon the later of: (a) 10 years after Indemnitee has ceased to occupy
any of the positions or have any of the relationships described in Sections 3, 4
or 5 of this Agreement; or (b) the final termination of all pending or
threatened Proceedings of the kind described herein with respect to Indemnitee.
This Agreement shall be binding upon the Company and its successors and assigns
and shall inure to the benefit of

<PAGE>   8

Indemnitee and Indemnitee's spouse, assigns, heirs, devisee, executors,
administrators or other legal representatives.

            15. Severability. Should any part, term or condition hereof be
declared illegal or unenforceable or in conflict with any other law, the
validity of the remaining portions or provisions of this Agreement shall not be
affected thereby, and the illegal or unenforceable portions of the Agreement
shall be and hereby are redrafted to conform with applicable law, while leaving
the remaining portions of this Agreement intact.

            16. Counterparts. This Agreement may be executed in counterparts,
each of which shall be deemed an original, but all of which together shall
constitute one and the same document.

            17. Headings. Section headings are for convenience only and do not
control or affect the meaning or interpretation of any terms or provisions of
this Agreement.

            18. Modification and Waiver. No supplement, modification or
amendment of this Agreement shall be binding unless executed in writing by both
of the parties hereto, provided, however, that any such mutually agreed upon
supplement, amendment or modification shall not require stockholder approval if
such modification, amendment or supplement is made to conform to any amendment
or revision of the Delaware General Corporation Law which expands the
Indemnitee's right to indemnification thereunder or is otherwise beneficial to
Indemnitee or in the sole judgment of the Board of the Company, does not
materially and adversely affect the rights and protection of the Company.

            19. No Duplicative Payment. The Company shall not be liable under
this Agreement to make any payment of amounts otherwise indemnifiable hereunder
if and to the extent that Indemnitee has otherwise actually received such
payment under any insurance policy, contract, agreement or otherwise.

            20. Notices. All notices, requests, demands and other communications
provided for by this Agreement shall be in writing (including telecopier or
similar writing) and shall be deemed to have been given at the time when mailed
in any general or branch office of the United States Postal Service, enclosed in
a registered or certified postpaid envelope, or sent by Federal Express or other
similar overnight courier service, addressed to the address of the parties
stated below or to such changed address as such party may have fixed by notice
or, if given by telecopier, when such telecopy is transmitted and the
appropriate answerback is received.

                a. If to Indemnitee, to the address appearing on the signature
page hereof.

<PAGE>   9

                b. If to the Company to:

                   5480 East Ferguson Drive
                   Commerce, California  90022
                   Attention: Secretary

            21. Governing Law. This Agreement shall be governed by the laws of
the State of California without giving effect to the principles of conflicts of
law.

            22. Entire Agreement. This Agreement sets forth the entire agreement
among the parties with respect to its subject matter. No waiver of any provision
or breach of this Agreement shall be effective unless such waiver is in writing
and signed by the party against which enforcement of such waiver is sought. A
waiver by any party of any breach or violation of this Agreement shall not be
deemed or construed as a waiver of any subsequent breach or violation thereof.

                  [Remainder of Page Intentionally Left Blank]

<PAGE>   10

            IN WITNESS WHEREOF, the parties hereto have executed this Agreement
as of the date first above written.

                                        HISPANIC EXPRESS, INC.:

                                        By:
                                           -------------------------------------
                                                  Gary M. Cypres
                                                  Chief Executive Officer,
                                                  President and Secretary

                                        INDEMNITEE:

                                        ----------------------------------------
                                        Signature

                                        ----------------------------------------
                                        Print Name

                                        ----------------------------------------
                                        Address and Telephone

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