Document:

<PAGE>
                                                                   Exhibit 10.04

                           MASTER CORPORATE AGREEMENT

          This "Master Corporate Agreement" (this "Agreement") is entered into
as of the Execution Date set forth on Exhibit 1, attached hereto and
incorporated herein by reference, hereto by and between INNCO CORPORATION
("INNCO"), an Arizona corporation, which is a wholly-owned subsidiary of
DOUBLETREE HOTELS CORPORATION ("Doubletree"), a subsidiary of Promus Hotel
Corporation ("PHC"), and ROOMSYSTEMS INTERNATIONAL CORPORATION, (together with
any affiliates and subsidiaries ("RSI")).

1.       INTENT OF AGREEMENT

          The purpose of this Agreement is to set forth the terms and conditions
which shall be applicable to the acquisition or leasing by certain hotels of
certain products (referred to herein as the "Products") produced by or on behalf
of RSI during the term of this Agreement and to describe RSI's participation in
INNCO's preferred supplier network ("PSN") with respect to the Products. All of
the following Exhibits and Attachments to this Agreement are attached hereto and
are incorporated herein by reference:

          Exhibit 1 - Basic Terms
          Exhibit 2 - Definition of Products
          Exhibit 3 - Pricing and Discount
          Exhibit 4 - Volume Projection
          Exhibit 5 - Marketing and promotional Agreements
          Exhibit 6 - Intentionally left blank
          Exhibit 7 - Compensation to INNCO for Program Administration
          Exhibit 8 - Intentionally Left Blank
          Exhibit 9 - Exemplar of Hotel Revenue Sharing Lease Agreement
          Exhibit 10 - Hotel Installation Maintenance and License Agreement

2.       DEFINITIONS

          For the purposes of this Agreement, the following terms are hereby
defined:

          2.1 Agreement Year: The twelve-month period commencing as of the
Commencement Date, or as of any anniversary of the Commencement Date and any
extension thereof.

          2.2 Commencement Date: The date of commencement of the term of this
Agreement, as set forth on Exhibit 1.

          2.3 Franchised Hotels: All Tradename Hotels which are operated under
franchise agreements where the franchisee thereunder is a party other than an
Affiliate.

          2.4 Hotel Revenue Sharing Lease Agreement: That certain Hotel Revenue
Sharing Lease Agreement between RSI and any Participating Property, whereby RSI
leases the

<PAGE>

Products to the Participating Property and shares the revenues therefrom with
the Participating Property.

          2.5 Managed Hotels: All hotels which are managed by any Affiliate
(whether as manager, tenant or otherwise), regardless of tradename affiliation
(if any).

          2.6 Participating Properties: All hotels covered by this Agreement, as
set forth on Exhibit 1 and 1A, when referred to as a group. Individual hotels
hereafter are referred to as the "Participating Property."

          2.7 Portfolio Hotels: All Tradename Hotels, Managed Hotels, Franchised
Hotels, and any other hotels utilizing INNCO's purchasing services.

          2.8 Products.  The items described on Exhibit 2.

          2.9 Termination Date:  As set forth on Exhibit 1.

          2.10 Tradename Hotels: All hotels operating under the tradenames set
forth on Exhibit 1 and 1A and/or any other tradename(s) (collectively,
"Tradenames") now or hereafter utilized by Doubletree or its affiliates
(collectively, "DT Affiliates") or by Promus Hotels, Inc. ("PHI"), a subsidiary
of PHC, or its affiliates (collectively "PHI Affiliates") (DT Affiliates and PHI
Affiliates are individually referred to as "Affiliate" and collectively as
"Affiliates") including, without limitation, hotels operated by any Affiliate
and hotels operated by others under franchise agreements with any Affiliate.

3.       TERM

          3.1 Term: The term of this Agreement shall commence as of the
Commencement Date and, subject to the provisions of this Agreement, shall expire
as of the Termination Date, unless extended by the parties according to Exhibit
1.

          3.2 Termination without Cause. This Agreement shall continue until
terminated. This Agreement may be terminated by either party without cause and
without penalty by giving the other party notice as specified on Exhibit 1.

          3.3 Termination based upon Material Breach by RSI. INNCO may terminate
this Agreement in the event of a material breach by RSI. For the purposes
hereof, a "Material Breach by RSI" shall be defined as any one or more of the
following:

   (a) RSI's failure to make a payment when due which is not cured within
   forty-five (45) days of written notice.

   (b) RSI's failure to supply satisfactory Product quality and/or timely
   service or performance, as reasonably determined by INNCO within forty-five
   (45) days of written notice.

<PAGE>

   (c) RSI's failure to comply with any other (i.e., other than the defaults
   listed in paragraphs (a) and (b) of this Section 3.3) material obligation
   under this Agreement which is not cured within forty-five (45) days of
   written notice.

   (d) RSI is adjudicated insolvent by any court or tribunal, or files a
   voluntary petition of bankruptcy, or enters into an arrangement with its
   creditors, or applies for or consents to the appointment of a receiver or
   trustee of itself or its property, or makes an assignment for the benefit of
   creditors, or suffers or permits the entry of an order adjudicating it to be
   bankrupt or insolvent or appointing a receiver or trustee of itself or of its
   property.

   (e) An involuntary petition of bankruptcy if filed against RSI and such
   petition remains undischarged or unstayed for a period of forty-five (45)
   days.

          3.4 Termination based upon Non-Competitive Price Increases. If INNCO
determines that any increase in the price of the Product which is permitted
pursuant to Exhibit 3 is unacceptable to INNCO, INNCO may terminate this
Agreement on thirty (30) days' written notice to RSI.

          3.5 Termination based upon Material Breach by INNCO. RSI may terminate
this Agreement in the event of a material breach by INNCO. For the purposes
hereof, a "Material Breach by INNCO" shall be defined as any one or more of the
following:

   (a) INNCO's failure to comply with any material obligation under this
   Agreement which is not cured within forty-five (45) days of written notice.

   (b) INNCO is adjudicated insolvent by any court or tribunal, or files a
   voluntary petition of bankruptcy, or enters into an arrangement with its
   creditors, or applies for or consents to the appointment of a receiver or
   trustee of itself or its property, or makes an assignment for the benefit of
   creditors, or suffers or permits the entry of an order adjudicating it to be
   bankrupt or insolvent or appointing a receiver or trustee of itself or of its
   property.

   (c) An involuntary petition of bankruptcy is filed against INNCO and such
   petition remains undischarged or unstayed for a period of forty-five (45)
   days.

          3.6 Effect of Termination. In the event of expiration or termination
of this Agreement pursuant to Sections 3.1, 3.2, 3.3 or 3.4, RSI acknowledges
and agrees to the following, in addition to any other remedy available to INNCO
hereunder:

   (a) INNCO shall be entitled to notify the Participating Properties of the
   occurrence of such events;

   (b) RSI shall provide payment to INNCO for all contracts or purchase orders
   made prior to the termination or expiration date whether RSI has invoiced
   before or after such date, and shall make payments to INNCO for such
   contracts or purchase orders, as well as for all

<PAGE>

   amounts owed to INNCO, on or before 30 days after the expiration or
   termination of this Agreement.

          3.7 Partial Termination as to any Participating Property based upon
Material Breach by such Participating Property: RSI may terminate this Agreement
as to any Participating Property based upon a material breach by such
Participating Property. In the event of such termination, the Participating
Property with respect to which RSI has exercised its termination right shall no
longer be considered to be a Participating Property under this Agreement. In no
event, however, shall a breach of this Agreement by any Participating Property
be considered to be a breach by any other Participating Property or by INNCO.
For the purposes hereof, a "material breach" by a Participating Property shall
be defined as any one or more of the following:

   (a) A failure by such Participating Property to make a payment when due which
   is not cured within ten (10) days of written notice to such Participating
   Property.

   (b) The failure by such Participating Property to comply with any other
   (i.e., other than the defaults listed in paragraph (a) of this Section 3.6)
   material obligation under this Agreement which is applicable to such
   Participating Property which is not cured within forty-five (45) days of
   written notice to such Participating Property.

   (c) Such Participating Property is adjudicated insolvent by any court or
   tribunal, or files a voluntary petition of bankruptcy, or enters into an
   arrangement with its creditors, or applies for or consents to the appointment
   of a receiver or trustee of itself or its property, or makes an assignment
   for the benefit of creditors, or suffers or permits the entry of an order
   adjudicating it to be bankrupt or insolvent or appointing a receiver or
   trustee of itself or of its property.

   (d) An involuntary petition in bankruptcy is filed against such Participating
   Property and such petition remains undischarged or unstayed for a period of
   thirty (30) days.

4.       DESIGNATION OF RSI AS AN APPROVED SUPPLIER OF MINIBARS

          4.1 RSI as Approved Supplier. Subject to the provisions of this
Agreement, during the term of this Agreement, RSI is hereby designated as
INNCO's exclusive supplier of minibars, including the Products, to the
Franchised Hotels, Managed Hotels, Portfolio Hotels, and Tradename Hotels,
subject to the termination provisions set forth in Exhibit 1. As such, INNCO
shall include RSI in INNCO's PSN with respect to the Products. INNCO shall
include in the PSN supplier materials those descriptive materials about the
Products that have been furnished by RSI and approved by INNCO. The PSN has been
designed to enhance Participating Properties' relationship with RSI in the PSN.
Any services performed by INNCO or any Affiliate hereunder are not intended to
be, nor shall they be deemed to be, a warranty or endorsement for any purpose
whatsoever of the Products.

<PAGE>

          4.2 RSI Responsibility for Products. RSI agrees that the Products
shall be manufactured, stored and shipped by or under the direct control of RSI
in strict compliance with the Specifications set forth on Exhibit 2. Any
deviation or modification whatsoever by RSI from the specifications set forth in
Exhibit 2, attached hereto, shall be prohibited unless approved by INNCO in a
written amendment to this Agreement.

          4.3 RSI Warranties. RSI hereby guarantees that the Products contained
in any shipment or other delivery hereafter made by it, or by any of its
subsidiaries or divisions, to any Participating Property will comply with all
applicable laws, ordinances and regulations.

          4.4 RSI Pricing. RSI shall provide the Products to the Participating
Properties in accordance with the pricing provisions set forth in Exhibit 3.
Exhibit 9 describes the provisions of the Hotel Revenue Sharing Lease Agreement
between RSI and any of the Participating Properties. Exhibit 10 describes the
Hotel Installation, Maintenance and License Agreement between the Participating
Properties and RSI.

          4.5 INNCO's Obligations with Respect to the Products; Volume
Projection. INNCO agrees that, during the term of this Agreement, INNCO will use
its reasonable efforts to cause its Affiliates to install the Products. The
parties currently anticipate that the Participating Properties will install the
Product in accordance with the volume projections for each year set forth on
Exhibit 4. Nothing herein, however, shall be construed as a guarantee by INNCO
that such volume projections will be achieved, and neither INNCO nor any of the
Participating Properties shall have any liability to RSI in the event that such
volume projections are not achieved.

          4.6 Marketing and Merchandising Support. In order to further the
interests of the parties in promoting the Products at the Participating
Properties, RSI shall provide to INNCO the marketing and merchandising support
and materials as described on Exhibit 5.

          4.7 Marketing, Advertising and Promotional Tradename Support: In order
to further the interest of the Tradename Hotels in the Participating Properties,
the parties agree to review RSI's marketing, advertising and promotional
activities and events, and where, in the opinion of INNCO, Doubletree, or PHC,
such an activity or event would provide Tradename benefit by being associated
with that Tradename, RSI will provide the opportunity to participate in same.

          4.8 Operational Support. RSI shall provide to each of the
Participating Properties operational support with respect to the use of the
Products in accordance with Exhibit 10.

          4.9 Compensation to INNCO for Program Administration. In consideration
of INNCO's administering the Product placement for the Participating Properties
under this Agreement, RSI shall pay to INNCO compensation for program
administration in accordance with Exhibit 7.

          4.10 Preferred Lodging. RSI agrees to use its best efforts to promote
the Tradename Hotels as a preferred lodging choice for its employees, officers,
directors, affiliates, agents, and

<PAGE>

representatives for business and leisure travel. RSI shall provide written
confirmation of such efforts within 30 days of the execution of this Agreement.

5.        PROCEDURES FOR PLACING THE PRODUCTS BY THE PARTICIPATING PROPERTIES

          5.1 Placement of the Products. All agreements shall be executed
directly by the Participating Properties. INNCO shall not be responsible for
any act or omission of any Participating Property. Without limiting the
foregoing, INNCO shall not be responsible for any unpaid Product ordered by
or delivered to any Participating Property, for any unsold contract balances
relating to Products installed by any Participating Property, or any other
circumstances relating to, or actions of, any Participating Property.

          5.2 Terms and Conditions of Placement. The terms and conditions
applicable to placement of the Products installed by any Participating Property
pursuant to this Agreement shall be as set forth in this Agreement. The terms
and conditions applicable to the placement of the Products leased by any
Participating Property pursuant to revenue sharing and pursuant to this
Agreement shall be as set forth in this Agreement, including without limitation,
the terms and conditions set forth on Exhibit 9 attached hereto. If the terms
and conditions of any purchase order or agreement, contract or receipt for the
Products now or hereafter placed hereunder differ from the terms and conditions
of this Agreement, the terms and conditions of this Agreement shall apply, as
any such disparity may apply to RSI and INNCO.

          5.3 Type of Placement. For purposes of this Agreement, RSI shall offer
the Products to the Participating Properties for placement according to the
following programs:

   (a) Purchase. The Participating Properties may purchase the Products
   according to the pricing schedule set forth in Exhibit 3.

   (b) Lease. The participating Properties may lease the Products according to
   the pricing schedule outlined in Exhibit 3.

   (c) Revenue Sharing. The Participating Properties and RSI may enter into a
   revenue sharing arrangement, whereby RSI places the Products with the
   Participating Properties free of charge and all parties share revenue,
   according to the terms and conditions of the Hotel Revenue Sharing Lease
   Agreement, attached hereto as Exhibit 9.

6.       REPORTING OF PRODUCT PLACEMENT AND INNCO'S AUDIT RIGHTS

          6.1 Reports. RSI shall provide to INNCO reports of Products placed in
Participating Properties. If distribution information is not available for any
Participating Property, other substantiating information reasonably acceptable
to INNCO (e.g., internal invoices) may suffice.

<PAGE>

          6.2 INNCO's Audit Rights. INNCO shall have the right, upon reasonable
advance notice to RSI, to audit RSI's books and records to the extent necessary
to determine whether INNCO has been paid the amounts due to INNCO under this
Agreement. If, after such audit, it is determined that there has been an
underpayment to INNCO of more than five (5%) percent, RSI shall reimburse INNCO
for the reasonable costs incurred by INNCO in performing such audit.

7.       INSPECTION OF RSI'S FACILITIES

          INNCO shall have the right from time to time to inspect RSI's
facilities where the Product is made upon reasonable notice to RSI. The
inspections must be made during normal working hours and shall cause minimum
disruption in the facility. INNCO must present proper identification at the
facility prior to entering and the inspection will be limited to that area of
the facility where the specific Products placed with the Participating
Properties are manufactured, with the specific exclusion of any confidential
equipment or components. INNCO will be required to adhere to any health and
safety requirements or other directives normally implemented at the facility.
INNCO shall treat all of RSI's information as confidential, except that
disclosure of such information may be made by INNCO as required by law, court
order, or order of any governmental authority; or in connection with any
judicial or other dispute resolution proceedings between INNCO and/or any of
the Participating Properties, and RSI. Information shall not be considered to
be confidential if such information (a) is already known to INNCO at the time
of its disclosure by RSI, (b) is or becomes available to the public through
no fault of INNCO, or (c) is later received by INNCO from a third party
having legal right to make such disclosure.

8.       INDEMNIFICATION

          RSI shall indemnify, defend and hold INNCO, Doubletree, and PHC
harmless from and against any and all liabilities, losses, costs, damages,
injuries, claims, suits, judgments, causes of action and expenses (including
reasonable attorneys' fees) suffered or incurred as a result of the willful
negligence of RSI or any defect caused by RSI in any Product sold, leased or
placed with INNCO, Doubletree and PHC, provided RSI is given reasonable notice
of such damages, claims, etc., and provided sole right of defending such claims,
and the right to subrogate such rights.

9.       INSURANCE

          RSI agrees to maintain, during the entire term of this Agreement, a
commercial general liability insurance policy on a claims occurred basis,
including product liability coverage and contractual liability coverage insuring
against the liabilities assumed by RSI under this Agreement, with a minimum
combined single limit of not less one million dollars ($1,000,000) per
occurrence for damage, injury and/or death to property and/or persons. Upon
execution of this Agreement, and from time to time thereafter during the term of
this Agreement, RSI shall deliver to INNCO a certificate, in form reasonably
satisfactory to INNCO, evidencing that RSI is carrying such insurance and that
such insurance is in force and effect. INNCO shall notify RSI

<PAGE>

of any such claims within forty-five (45) days of such occurrence. RSI shall
deliver to INNCO a certificate, in form reasonably satisfactory to INNCO,
evidencing that RSI is carrying such insurance and that such insurance is in
force and effect, that INNCO is an additional insured and certificate holder,
and that such insurance shall not lapse or be canceled or modified unless INNCO
has been given forty-five (45) days prior written notice of the intended
cancellation or modification. Without limitation, the obligation under this
Section shall survive termination of this Agreement.

10.      TRADEMARKS

          10.1 Use. During the term hereof, RSI shall not use in any manner
whatsoever any tradenames, or any logos, trademarks, service marks or any other
identifying symbol of INNCO or any other DT Affiliates (collectively, the
"Trademarks"), unless RSI obtains INNCO's prior written consent.

          10.2 Other Use. With respect to the Products, RSI is hereby granted
the non-exclusive right to use the Trademarks, service marks and other related
marks created or developed or which Doubletree or PHI otherwise has rights to
license (the "Marks") on the Products as set forth on Exhibit 1A and subject to
the following conditions: (a) RSI shall use only those Marks that INNCO approves
in writing for RSI's use. Such Marks shall only be used in the form approved by
INNCO and only on the Product(s) or on the packaging or advertising of the
Product(s), which packaging and advertising must be approved by INNCO. RSI shall
not use the Marks in any media advertising, except as set forth in this
paragraph. (b) Prior to using the Marks, RSI shall provide INNCO copies of any
materials, including advertising, packaging or promotional materials and
packaging, in connection with which the Marks are intended to be used. (c) RSI
agrees with regard to each Product manufactured or offered for sale pursuant to
this Agreement that it shall submit a sample of said Product, together with its
own product specifications, to INNCO for INNCO's approval prior to manufacture
or distribution of the Product, and that every six months RSI shall submit to
INNCO for inspection a sample of each Product or packaging that bears the Marks,
and shall also confirm in writing that the Product(s) is manufactured in
accordance with specifications and samples approved by INNCO. (d) RSI warrants
that the Product(s) shall be identical to the samples and specifications
approved by INNCO and that it will withhold from distribution or sale any
Product or packaging bearing the Marks that fail to conform to the approved
specifications or which fail for any reason to pass inspection by INNCO and that
it will upon request by INNCO destroy (or remove the Marks from) said Product.
RSI shall assure that the Product(s) is merchantable and fit for the particular
purpose, if any, specified by INNCO. (e) RSI acknowledges INNCO, Doubletree and
PHI's respective exclusive right, title and interest in the Marks and to any
other trademarks, trade names, and service marks which INNCO, Doubletree, PHI,
or their

<PAGE>

parent, divisions, subsidiaries, affiliates or assigns may adopt, use or
register, and will not at any time do or cause to be done any act or thing
contesting or in any way impairing or intending to impair any part of said
right, title and interest. RSI agrees and undertakes that it will not at any
time either during the term of this Agreement or after its expiration or
termination, adopt, use or register, without INNCO's prior written approval, any
word or symbol or combination thereof which is similar in any respect to the
Marks. In order to protect the rights of INNCO, Doubletree, PHI and their
parent, divisions, subsidiaries, affiliates and assigns to their Marks, the RSI
shall not manufacture or distribute or permit the manufacture or distribution of
the Product(s) bearing the Marks owned by INNCO, Doubletree, PHI or their
parent, divisions, subsidiaries, affiliates or assigns outside the United States
without INNCO's prior written approval.

          10.3 Literature. INNCO may use RSI's manuals, schematics and
merchandising literature for any purpose previously approved by RSI.

          10.4 Goodwill. INNCO acknowledges and desires to protect the goodwill
associated with any of RSI's trademarks, trade names or service marks and will
identify same with appropriate marks.

11.       CONFIDENTIALITY

          11.1 RSI's Confidentiality. RSI shall maintain as confidential and
shall not disclose to any person outside its employ any information which RSI
obtains or learns of from INNCO or from the Participating Properties by
virtue of this Agreement, including but not limited to information relating
to INNCO's confidential marketing information, such as product introduction
dates or product volume; the economic terms of this Agreement or other
information relating to the Products and any unique final Product
specifications INNCO discloses to RSI in writing marked confidential.
Excluded from this condition is any information disclosure of which is
required (a) by law, court order, or order of any governmental authority, or
(b) in connection with any judicial or other dispute resolution proceedings
between INNCO and/or any of the Participating Properties, and RSI.
Information will not be considered to be confidential if such information (a)
was already known to RSI at the time of its disclosure by INNCO, (b) is or
becomes available to the public through no fault of RSI, or (c) is later
received by RSI from a third party having legal right to make such
disclosure. This obligation of RSI shall survive the termination of this
Agreement. Upon termination of this Agreement, RSI shall promptly return to
INNCO all confidential material and all copies.

          11.2 INNCO's Confidentiality. INNCO shall maintain as confidential and
shall not disclose to any person outside its employ any information which it
obtains or learns of from RSI or from any of RSI's affiliates by virtue of this
Agreement, including but not limited to information relating to RSI's
confidential manufacturing, revenue and/or marketing information; the economic
terms of this Agreement or other information relating to the Products and any
unique final Product specifications RSI discloses to INNCO in writing marked
confidential. Excluded from this condition is any information disclosure of
which is required (a) by law, court order, or order of any governmental
authority, or (b) in connection with any judicial or other dispute resolution
proceedings between RSI and/or any of the Participating Properties, and INNCO.
Information will not be considered to be confidential if such information (a)
was already known to INNCO at the time of its disclosure by RSI, (b) is or
becomes available to the public through no fault of INNCO, or (c) is later
received by INNCO from a third party having legal right to make such disclosure.
This obligation of INNCO shall survive the termination of

<PAGE>

this Agreement. Upon termination of this Agreement, INNCO shall promptly return
to RSI all confidential material and all copies.

12.       NOTICES

          All notices required hereunder shall be in writing and shall be deemed
given, whether actually received or not, (a) when delivered in person, (b) three
(3) business days after such item is deposited in the United States mail,
postage prepaid, certified or registered, return receipt requested, or (c) one
(1) business day after such item is deposited with Federal Express or other
generally recognized overnight courier, shipping charges prepaid, addressed to
the appropriate party hereto at its address set out below, or at such other
address as it shall have theretofore specified by written notice delivered in
accordance herewith:

            To RSI:

            RoomSystems International Corporation
            3770 Howard Hughes Parkway
            Hughes Center Suite 175
            Las Vegas, NV 89109
            Attention: General Counsel

            With a copy to:

            RSI

            390 North 3050 East
            St. George, UT 84790
            Attention: Mr. Steven L. Sunyich, CEO

            To INNCO:

            INNCO Corporation
            755 Crossover Lane
            Memphis, TN 38117

            Attention: Mr. Stephen D. Pletcher, President

            With a copy to:

            Doubletree Hotels Corporation
            755 Crossover Lane
            Memphis, TN 38117
            Attention: General Counsel

13.      INDEPENDENT CONTRACTOR

          The parties hereto will be independent contractors under this
Agreement. It is not the intent of the parties to form a partnership, and it is
understood that each party will exercise full

<PAGE>

power and authority, except as specifically provided otherwise in this
Agreement, to select the means, method and manner of performing all obligations
to be performed under this Agreement. Neither party shall have the authority to
bind or otherwise obligate the other party in any manner nor shall they
represent to anyone that it has the right to do so. RSI specifically
acknowledges and agrees that INNCO does not have the right to bind the
Participating Properties to this Agreement, as agent or otherwise.

14.      SURVIVAL

          The provisions of Paragraph 9 hereof, and any other provision hereof
which imposes upon the parties an obligation after termination of this
Agreement, shall survive such termination.

15.      WAIVER, MODIFICATION OR AMENDMENT

          Neither this Agreement nor any of its provisions (including the price
of the Product) may be waived, modified or amended except by an instrument in
writing signed by the parties hereto. Without limiting the foregoing, any change
in the Specifications and any adjustment in the price for such Product to be
made in accordance with Exhibit 3 must be agreed to by a written amendment to
this Agreement signed by both parties.

16.      ENTIRE AGREEMENT

          This Agreement and the Exhibits attached hereto constitute the
entire agreement of the parties hereto with respect to its subject matter and
supersede any and all prior negotiations, understandings, and/or agreements,
whether oral or written. No modification, change or alteration shall be
effective unless in writing and executed by both parties.

17.      ASSIGNMENT

          Each party hereto agrees that it will not assign, transfer or pledge
its interest in this Agreement, in whole or in part, or delegate performance
thereof, in whole or in part, without the prior written consent of the other
party, which consent shall not be unreasonably withheld, except that such
consent shall not be required for: (a) assignment of this Agreement to a
subsidiary, affiliate or parent of a party, (b) for any assignment by a
Participating Property to a successor owner of such Property, or (c) in
connection with any financing arrangement entered into by INNCO or any
Participating Property. Either party shall have the right, but not the
obligation, to terminate this Agreement in the event of a material change in the
ownership or control of the other party; "material" shall mean any transfer of
ten (10%) percent or more of the voting shares issued by a party or any entity
controlling such party. The preceding sentence shall not, however, apply to any
party or other entity which is a publicly traded company.

18.      SUCCESSORS AND ASSIGNS

<PAGE>

          Subject to Paragraph 17, this Agreement shall be binding upon, and
shall inure to the benefit of, the parties hereto and their successors and
assigns.

19.      COMPLIANCE; NO WAIVER

          The failure of either party to insist upon strict compliance with any
of the terms hereof shall not be considered to be a waiver of any such terms nor
shall it affect the right of such party to insist upon strict compliance
herewith at any time thereafter. The failure of either party to terminate this
Agreement upon the occurrence of a Material Breach by the other party in its
performance of any obligation hereunder shall not constitute a waiver or
otherwise affect the right to terminate this Agreement as a result of a
continuing or subsequent failure or refusal by the other party to comply with
any of such obligations. The rights and remedies set forth herein are in
addition to any other rights or remedies which may be granted by law.

20.      SEVERABILITY

          If any provision of this Agreement shall be contrary to law or
otherwise unenforceable, the illegality or unenforceability of any such
provision shall not affect the other terms, covenants, terms or conditions
hereof, and the remainder of this Agreement, or the application of such illegal
or unenforceable term or provision to persons or circumstances other than those
as to which this Agreement is held to be illegal or unenforceable, shall not be
affected thereby and each term and provision of this Agreement shall be valid
and enforced to fullest extent permitted by law.

21.      DISPUTE RESOLUTION

          21.1 Resolution. RSI, on the one hand, and the Participating
Properties and/or INNCO, on the other hand, will attempt to settle any claim or
controversy arising out of this Agreement through consultation and negotiation
in good faith and a spirit of mutual cooperation. If such attempts fail, then
the dispute will be mediated by a mutually acceptable mediator to be chosen by
RSI, on the one hand, and the Participating Property or Properties in question
and/or INNCO, on the other hand, within forty-five (45) days after written
notice by a party demanding mediation. No party may unreasonably withhold its
consent to the selection of a mediator, and RSI, on the one hand, and INNCO
and/or the Participating Property or Properties, on the other hand, will share
the costs of the mediation equally. By mutual agreement, however, RSI, on the
one hand, and the Participating Property or Properties and/or INNCO, on the
other hand, may postpone mediation until the parties have completed some
specified but limited discovery about the dispute. The parties may also agree to
replace mediation with some other form of alternative dispute resolution, such
as neutral fact-finding or a minitrial.

          21.2 Alternate Dispute Resolution. Any dispute which the parties
cannot resolve through negotiation, mediation or other form of alternate dispute
resolution ("ADR") within six (6) months of the date of the initial demand by
one of the parties may then be submitted to the courts within Arizona for
resolution. The use of any ADR procedures will not be construed under the
doctrines of laches, waiver or estoppel to affect adversely the rights of any
party to

<PAGE>

pursue its legal remedies. Nothing in this section will prevent a party from
resorting to judicial proceedings if (a) good faith efforts to resolve the
dispute under these procedures have been unsuccessful or (b) interim relief from
a court is necessary to prevent serious and irreparable injury to one party or
to others.

          21.2 Attorneys' Fees. In the event of any judicial proceedings in
connection with or arising out of this Agreement between RSI, on the one hand,
and INNCO and/or any Participating Property or Properties, on the other hand,
the losing party shall reimburse the prevailing party for its reasonable
attorneys' fees and costs in connection with such judicial proceedings.

22.      COMPLIANCE WITH LAW

          Both parties shall comply with all applicable federal, state and local
laws and executive orders and regulations issued pursuant thereto, including
without limitation, all laws relating to equal employment opportunity.

23.      APPLICABLE LAW

          The parties hereby agree that the laws of the State of Arizona shall
govern the interpretation of this Agreement and all matters arising hereunder.

EXECUTED on the date first set forth above.

INNCO CORPORATION

By    /s/                  President
      -----------------------------------------
          (Name)               (Title)
      Hereunto Duly Authorized

ROOMSYSTEMS INTERNATIONAL CORPORATION

By    /s/ Steven L. Sunyich     CEO
      -----------------------------------------
          (Name)               (Title)
      Hereunto Duly Authorized<PAGE>

                                                                   Exhibit 10.05

          AMENDED AND RESTATED PROGRAM AGREEMENT

     This Amended and Restated Program Agreement (the "Agreement") is entered
into as of March 10, 1999, by and among RoomSystems, Inc. ("RSi"), a Nevada
corporation; RoomSystems Corporation, dba RoomSystems Finance ("RSF" and
together with RSi and all affiliates of RSi and RSF, the "RSi Parties"), a
Nevada corporation; Steve L. Sunyich, individually ("Sunyich"); and AMRESCO
Leasing Corporation ("ALC"), a Nevada corporation.

                         RECITALS:

     1. The parties hereto are parties to that certain Program Agreement (the
"Original Agreement") dated as of March 9, 1998, as amended by an Amendment
dated as of August 14, 1998.

     2. This Agreement is intended to embody the terms and provisions of the
agreement among the parties hereto for the formation and operation of the
Program (as defined below) and this Agreement amends and restates the Original
Agreement in its entirety. The delegation of responsibilities for, and the
allocation of the profits, losses, expenses, deductions and credits pertaining
to, and the distribution of cash and property from, the Program are provided for
herein. All references to RSi in this Agreement shall include all affiliated
entities unless the context makes clear that a particular affiliated entity is
intended (e.g., RSi SPE as the owner of Equipment and lessor under Business
Leases).

     3. Each party acknowledges that he or it has received adequate
consideration for entering into this Agreement and performing his or its
obligations hereunder, and that he or it will be benefited by the terms set
forth herein.

AGREEMENT:

     Based on the recitals set forth above and the promises contained herein,
the parties agree as follows:

I.  Overview

The Program will engage in the: (1) purchase by a wholly-owned, bankruptcy
remote subsidiary of RSi separately created for the Program ("RSi SPE") from RSi
of (a) certain fully-automated refreshment centers that do not include attached
room safes (each such refreshment center a "Standard Unit Refreshment Center")
and all related network computer systems and other related equipment (such
systems and equipment the "Standard Unit Equipment") and (b) certain
fully-automated refreshment centers that include attached room safes (each such
combined refreshment center/safe a "Safe Unit

                                       1
<PAGE>

Refreshment Center") and all related network computer systems and other related
equipment (such systems and equipment the "Safe Unit Equipment"); (2) receipt by
RSi SPE of a nonrevocable license for a term which will end no earlier than the
end of the term of the last Business Lease (as defined below) originated under
this Agreement ("License") to use all intellectual property of RSi or RSi SPE
(or any of their affiliates) necessary to install and operate the Equipment (as
defined below) (such intellectual property the "Equipment Intellectual
Property"); (3) origination by RSi SPE of all leases (or revenue sharing
agreements) of the Equipment and Refreshment Centers to hotels and timeshares
located in the United States which provide for a sharing of revenues between RSi
and such hotels and timeshares (each lease or revenue sharing agreement, a
"Business Lease"), (4) short-term loan of funds by ALC to RSi SPE (as to each
loan, a "Lease Financing Loan"), secured by the following collateral: Business
Lease related to each Lease Financing Loan; all amounts held by the Custodian
(as defined in Paragraph III.A.6. below) pursuant to the lockbox arrangement
described in Paragraph III.A.6. herein; and the stock of RSi (such financing,
the "Business Lease Financing" and such collateral, the "Pledged Assets") and
(5) disposition of pools of Business Leases or Lease Financing Loans through
securitization or any other forms of transfer of such assets from ALC's balance
sheet (hereinafter collectively referred to as "Securitization"), in such format
and manner as determined by ALC in its sole discretion, but subject to the terms
and conditions of this Agreement ("Sole Discretion"). Each Standard Unit
Refreshment Center and each Safe Unit Refreshment Center shall be defined herein
as a "Refreshment Center" and all Standard Unit Equipment and all Safe Unit
Equipment shall be defined collectively as the "Equipment." RSi SPE will retain
ownership of the Equipment. RSi and RSi SPE will provide certain marketing,
lease origination, closing and servicing services, as more fully explained
herein.

Prior to each Securitization, ALC will fund each Business Lease Financing by
making Lease Financing Loans to RSi SPE with respect to each Transaction (as
defined in Paragraph III.A.3. below), subject to the terms and provisions of
this Agreement, including the specific requirements set forth on the attached
Exhibit A or as modified in writing by ALC and RSi (the "Guidelines") and a
Master Business Lease Financing Agreement between ALC and RSi SPE (the
"Financing Agreement"). For each Transaction approved by ALC through a
Transaction Approval (as defined in Paragraph III.A.3. below), (i) RSi SPE
will purchase the related Equipment from RSi before execution of the Business
Lease, obtain a License to use the Equipment Intellectual Property, and enter
into the Business Lease and (ii) the amount of the Lease Financing Loan will
be equal to the Loan Amount for the Business Lease (as defined in Paragraph
III.A.4. below). ALC will effect each Securitization with Business Leases or
Lease Financing Loans, the timing, format and substance of such to be
determined by ALC in its sole discretion. If ALC determines, in its
reasonable discretion, that a Transaction does not satisfy the requirements
of the Program as set forth more specifically in this Agreement and the
Financing Agreement, RSi SPE, upon obtaining written notice that ALC will not
provide Transaction Approval (as defined below), will cause RSi SPE to effect
a sale of the related Equipment and Business Lease to RSF prior to the
related Securitization.

                                       2
<PAGE>

II.  Conditions Precedent

     ALC shall not be obligated to provide any Lease Financing Loans under this
Agreement unless, prior to May 31, 1999, RSi has completed all of the following
conditions precedent (each a "Condition"):

     1.  RSi receives a capital contribution subsequent to the date of this
         Agreement of at least $8 million of additional equity (or subordinated
         debt which is acceptable to ALC in its Sole Discretion); and,

     2.  RSi becomes a wholly-owned subsidiary of RSF and owns all the operating
         assets (including Licenses for all Equipment Intellectual Property)
         necessary or related to its business as carried on at the time of the
         execution of this Agreement.

Upon satisfaction of each of the Conditions, the parties will proceed to
complete such documents and other agreements (including, but not limited to, the
Financing Agreement, Licenses for all Equipment Intellectual Property, and
Servicing Agreement) as ALC, in its reasonable discretion consistent with the
terms and conditions of this Agreement (including the Guidelines) ("Reasonable
Discretion"), determines are necessary to carry out the terms and conditions of
this Agreement and which will allow for Securitization.

III.  Operation of the Program:

     A.  ACTIVITIES AND RESPONSIBLE PARTIES:

     1.  Marketing Activity:

         RSi SPE will use its best efforts to enter into a Business Lease with
         those businesses which desire to purchase or lease Refreshment Centers
         or Equipment.

            2.    Lease Origination:

         RSi SPE will be responsible for negotiating each Business Lease, which
         Lease must be acceptable to ALC in ALC's Reasonable Discretion and
         approved in writing by ALC as part of the Transaction Approval (as
         defined below). RSi SPE shall arrange, subject to the terms and
         conditions of the Guidelines and the Financing Agreement, for the time,
         place and method of closing the Business Lease; provided that prior to
         the closing of such Business Lease, RSi shall have transferred the
         related Equipment to RSi SPE, and RSi or RSF, as applicable, shall have
         transferred or granted to RSi SPE a License to use the Equipment
         Intellectual Property.

                                       3
<PAGE>

         ALC and RSi agree that: (a) for each proposed Lease Financing Loan, the
         related Business Lease pledged as collateral for such loan and the
         lessee to such lease shall be underwritten by ALC subject to the
         related Transaction Approval, the terms and conditions of this
         Agreement including the Guidelines and the Financing Agreement; (b) the
         standard form of the Business Lease which RSi proposes to use must be
         acceptable to ALC in ALC's Reasonable Discretion; and (c) any proposed
         changes to such standard form with respect to a specific Transaction
         related to a Lease Financing Loan must be acceptable to ALC in ALC's
         Reasonable Discretion and approved in writing by ALC.

     3.  Transaction Approval:

         At the end of the Seasoning Period (as defined below) for each Business
         Lease (being herein referred to as a "Transaction"), or sooner for all
         Lease Financing Loans subject to ALC's Advance Funding Transaction
         Approval Obligation (as defined below), RSi SPE will present to ALC for
         its review a Transaction Submission Package relating to the Business
         Lease which will include the information required in the Guidelines and
         the Financing Agreement. Within seven (7) business days after the
         submission of a Transaction Submission Package, ALC will determine, in
         its Reasonable Discretion, whether the Transaction satisfies the
         requirements for a Lease Financing Loan. Approval of issuance of a
         Lease Financing Loan shall be memorialized in writing by ALC, in a form
         set forth in the Financing Agreement, and executed by RSi SPE
         ("Transaction Approval"). For purposes of this Agreement, the
         "Seasoning Period" shall be that period beginning on [***].

     4.  Lease Financing Loans:

         ALC shall be required to fund a Lease Financing Loan or an Advance
         Funded Lease Financing Loan to RSi SPE with respect to a Transaction
         only upon satisfaction of all terms and conditions required under this
         Agreement (including, but not limited to the Conditions and the
         Guidelines), the Financing Agreement, and the Transaction Approval, as
         determined by ALC in its Reasonable Discretion. Each Lease Financing
         Loan and Advance Funded Lease Financing shall be subject to the terms
         and conditions of the Financing Agreement.

         The amount of each Lease Financing Loan shall equal the sum of the
         Refreshment Center Loan Amount for all Refreshment Centers included in

*** Reflects portions of this document that have been omitted and filed
    separately with the Commission.

                                       4
<PAGE>

         the applicable Business Lease securing the Lease Financing Loan (the
         "Loan Amount"). The "Refreshment Center Loan Amount" for each (A)
         Standard Unit Refreshment Center shall be equal to [***].

         At each closing of a Lease Financing Loan, RSi and RSi SPE shall
         provide standard representations and warranties (which shall not
         include the representation set forth in Paragraph V.K.13. below)
         regarding RSi and RSi SPE, the Transaction Submission Package, and the
         related Business Lease to ALC, as set forth in the Financing Agreement
         and other representations and warranties as ALC may reasonably request.
         At the time of the Securitization, if required by ALC, RSi shall
         provide the same and/or reasonable additional representations and
         warranties which are identical to the representations and warranties
         ALC delivers in connection with the Securitization.

     5.  Advance Funding Obligation:

         Notwithstanding Section III.A.3. above (which provides that ALC need
         not make a decision regarding Transaction Approval until after the
         Seasoning Period for a Business Lease has expired), RSi SPE can request
         advance funding for certain Lease Financing Loans prior to the
         expiration of the Seasoning Period for the related Business Leases, and
         ALC shall make its decision regarding Transaction Approval (such
         obligation the "Advance Funding Transaction Approval Obligation") for
         such Lease Financing Loans within seven (7) business days after ALC's
         receipt of the related Transaction Submission Package, upon the
         satisfaction of all terms and conditions of this Agreement, including
         the following additional conditions: (a) RSi must have at least 10,000
         installed Refreshment Centers which have completed the related
         Seasoning Period and which have been funded by ALC through Lease
         Financing Loans under the Program, (b) as of the date of the request
         for such advance funding, the Business Leases (including Business
         Leases then currently submitted for advance funding, but excluding all
         other Business Leases that have not completed the related Seasoning
         Period) related to all Lease Financing Loans funded or then currently
         submitted for

*** Reflects portions of this document that have been omitted and filed
    separately with the Commission.

                                       5
<PAGE>

          advance funding pursuant to [***]. Any Lease Financing Loan funded
          by ALC in connection with the Advance Funding Transaction Approval
          Obligation shall be defined herein as an "Advance Funded Lease
          Financing Loan."

     6.   Pre-Securitization Period:

          During the period of time between the funding of the Lease Financing
          Loan for any Transaction under the Program and the related
          Securitization of such Transaction (the "Pre-Securitization Period"),
          ALC shall retain the Lease Financing Loan in accordance with the terms
          and conditions of the Financing Agreement. A custodian designated by
          ALC (the "Custodian") shall hold the Pledged Assets (excluding the
          stock of RSI which ALC will hold) and collect directly from the lessee
          to each Business Lease all revenues to which RSi SPE is entitled from
          all of the Business Leases related to the Lease Financing Loans funded
          during the Pre-Securitization Period through a lockbox arrangement or
          as delivered to the Custodian by RSi SPE. On the 15th day of each
          month, the Custodian will disburse or reserve such collected funds
          (the "Collected Funds") in the following order and priority:

          a.   RSi (or any substitute servicer if RSi is no longer the servicer
               pursuant to the terms of the Servicing Agreement [as defined
               below]) shall be entitled [***].

          b.   [***]

*** Reflects portions of this document that have been omitted and filed
    separately with the Commission.

                                       6
<PAGE>

               At the end of each calendar year, any amounts remaining
               in the Property Tax Reserve, after payment of all applicable
               property taxes for such year, will be released for and applied
               to payments required under subparagraphs (c), (d) and (e) below.

          c.   [***]

          d.   A loss reserve account shall be established and held by the
               Custodian for payment of any of the amounts due under
               subparagraphs (a), (b) or (c) in the event that [***].

          e.   RSi SPE shall be entitled to [***].

         The Custodian will provide an accounting to ALC, RSi and RSi SPE with
         respect to each monthly remittance.

*** Reflects portions of this document that have been omitted and filed
    separately with the Commission.

                                       7
<PAGE>

         In the event that, at any time during the Pre-Securitization Period, a
         Business Lease is in payment default for a period of 60 days or more,
         ALC shall have the right, but not the obligation, at any time
         thereafter while such lease is in default, to accelerate the payment of
         the then unamortized principal balance (plus any accrued but unpaid
         interest) on the Lease Financing Loan related to the defaulted Business
         Lease. RSi shall repay the Lease Financing Loan promptly in accordance
         with the terms and conditions of the Financing Agreement.

     7.  Equipment Servicing:

          a.   For the term of each Business Lease related to the Lease
               Financing Loans, in consideration of the Servicing Fee, RSi shall
               service all of the Equipment and the Business Leases, in
               accordance with the terms and conditions of an agreement (the
               "Servicing Agreement") between ALC and RSi which shall include,
               among other things provisions for revenue optimization of the
               Equipment, and all necessary maintenance and other services,
               including billing and collection and software troubleshooting and
               upgrades and the provisions of subparagraphs 6.(b) and 6.(c)
               below. To secure RSi's obligations under the Servicing Agreement
               during and after the Pre-Securitization Period, RSi and RSF will
               pledge to ALC or its assigns (or cause its affiliates to pledge)
               the Equipment Intellectual Property and the stock of RSi.

          b.   [***] In the event, for any reason, a Business Lease is in
               default for a period of 60 days, RSi shall promptly take all
               action necessary (including legal action) to gain possession
               of the related Equipment and promptly use its best efforts to
               re-lease or sell the Equipment. The proceeds of any sale of
               the Equipment, up to the amount necessary to fully fund the
               Loss Reserve up to the Reserve Cap for all Lease Financing
               Loans, shall be paid over to the Custodian to be held in the
               Loss Reserve. Any new Business Lease with respect to the
               Equipment shall be pledged as security for the applicable
               Lease Financing Loan and all revenue received for such new
               Business Lease shall be disbursed or reserved pursuant to
               Paragraph III.A.6. Similar requirements shall apply with
               respect to any Securitization.

*** Reflects portions of this document that have been omitted and filed
    separately with the Commission.

                                       8
<PAGE>

          c.   During the term of this Agreement and the Servicing Agreement,
               RSi will comply with all installation, maintenance and licensing
               agreements (or any similar agreements) related to any Equipment
               or any Business Leases.

     8.  Securitization Services:

          a.   The Program will engage in the Securitization of Business Leases
               or Lease Financing Loans. Until cumulative funding of $25 million
               of Lease Financing Loans is attained, ALC, at its sole
               discretion, may choose to engage in a Securitization. When $25
               million or more of funding of Lease Financing Loans is attained,
               ALC will use its best efforts to engage in a Securitization. The
               parties anticipate that either (i) RSi SPE will transfer or
               contribute the Business Leases to a trust which, in turn, will
               issue securities to investors ("Investors"), ALC and RSi or (ii)
               ALC will transfer or contribute the Lease Financing Loans to a
               trust which, in turn, will issue securities to Investors and ALC,
               but not RSi except to the extent specifically set forth herein.
               RSi and RSi SPE agree to cooperate with ALC in effecting the
               Securitization in such format as ALC reasonably determines will
               maximize the economic interests of ALC (and RSi if RSi is to
               receive any securities from such Securitization) resulting from
               such Securitization as anticipated in this Agreement and RSi and
               RSi SPE will execute all documents reasonably necessary to
               effectuate such Securitization. ALC will manage the
               Securitization process by providing such services as may be
               required as determined in ALC's sole and absolute discretion,
               including, but not limited to, the following:

               (i)  assistance in the generation of a private placement
                    memorandum or prospectus and prospectus supplement, if any;

               (ii)assistance in placement of securities with investors;

               (iii) settlement date accounting;

               (iv) proceeds distribution;

               (v)  assistance in presenting Business Leases/Lease Financing
                    Loans and proposed structure of the Securitization to rating
                    agencies and monoline insurance providers and responding to

                                       9
<PAGE>

                    rating agency/monoline insurance providers' inquiries; and

               (vi) all other aspects of the closing of the Securitization
                    process.

          b.   Any third party, including, but not limited to investment bankers
               and legal counsel, to be used in the Securitization process shall
               be selected by ALC.

          c.   ALC intends to work with one or more third parties on
               Securitization file preparation for all Business Leases/Lease
               Financing Loans, to ensure consistent presentation of lease
               related information to rating agencies and investors. RSi agrees
               to cooperate with any and all reasonable information requests of
               ALC and its third parties relating to the sale of the Business
               Leases/Lease Financing Loans in connection with a Securitization.

          d.   ALC agrees that, without RSi's written consent, ALC will not take
               any action in carrying out a Securitization which will result in
               RSi's receiving less than the Residual Profits set forth in
               Paragraph III.A.6.

      B. COSTS AND EXPENSE OF LEASE FINANCING LOANS:

         ALC and RSi shall each pay their own legal fees and related costs
         associated with each Lease Financing Loan.

     C.   DISTRIBUTION OF PROGRAM REVENUES AND SECURITIZATION PROFITS:

          1.   Unless RSi and ALC shall agree otherwise, all net proceeds and
               profits from each Securitization of Lease Financing Loans
               contemplated by the Program shall be paid only to ALC, and RSi
               shall have no right to receive any amounts from any such
               Securitization of Lease Financing Loans except as set forth
               specifically herein. In the event of Securitization of Lease
               Financing Loans, the lockbox arrangement set forth in Paragraph
               III.A.6. shall continue until all Lease Financing Loans are
               repaid in full.

          2.   Unless RSi and ALC shall agree otherwise, all gross revenues from
               Business Leases included in any Securitization of Business Leases
               (the "Securitized Leases") contemplated by the Program shall be

                                       10
<PAGE>

               held by a Custodian pursuant to a lockbox arrangement and shall
               be distributed each month in the following order and priority:

               a.   [***]

               b.   [***]

               c.   [***]

               d.   [***]

               e.   [***]

          3.   Unless RSi and ALC shall agree otherwise, in a Securitization of
               Business Leases (a) all cash proceeds from the sale of securities
               created by the Securitization less (i) all Securitization Costs
               required to be paid by the Program and/or reimbursed to RSi and
               ALC and (ii) an amount equal to the unpaid principal balance of
               the Lease Financing Loans (including any accrued but unpaid
               interest thereon) for the Securitized Leases, which shall be paid
               to ALC ("Securitization Profits") shall be distributed to ALC;
               (b) RSi SPE shall receive securities which represent its right to
               receive Residual Profits; and (c) ALC shall receive any other
               securities not sold in such Securitization. ALC shall compute in
               good faith Securitization Profits, which computations shall be
               dispositive, absent manifest error.

          4.   ALC shall be entitled to reimbursement of all amounts payable as
               "Securitization Costs" (defined as out-of-pocket expenses ALC
               incurs in connection with services ALC shall be required to
               perform pursuant to the Program described in this Agreement, in
               the nature of but not limited to, printing costs, legal fees
               (other than those of RSi SPE, which RSi SPE shall pay from its
               own funds), rating agency fees, accounting fees, third party
               underwriting and brokerage fees and preparation of rating agency
               and investor books or packages, loan premiums, review counsel
               fees, and other similar direct out-of-pocket costs, to the extent
               ALC has advanced funds for the payment of such expenses). If

*** Reflects portions of this document that have been omitted and filed
    separately with the Commission.

                                       11
<PAGE>

               RSi should voluntarily advance funds for any of such
               Securitization Costs, RSi shall likewise be entitled to
               reimbursement therefore, provided that such funding be advanced
               by RSi only with the prior written consent of ALC.

          5.   The amounts payable to ALC and RSi under subparagraph (4) above,
               shall be reimbursed to ALC or RSi, as applicable, out of
               Securitization Profits upon completion of each respective
               Securitization.

          6.   Upon payment in full of all amounts owed to ALC and the Investors
               pursuant to Paragraph III.C.2.c. in the event of a Securitization
               of Business Leases or Paragraph III.A.6. in the event of a
               Securitization of Lease Financing Loans, all funds remaining (if
               any) in the applicable Loss Reserve shall be distributed to RSi
               SPE.

                                       12
<PAGE>

     D.  TERM OF THIS AGREEMENT:

          1.   The term of this Agreement shall continue from the effective date
               of this Agreement until seven years following the date on which
               the first Lease Financing Loan is funded, or until terminated (a)
               by ALC, in its sole discretion, upon a failure by RSi SPE to
               satisfy the production requirements of Paragraph III.F. below or
               (b) by either party, in its sole discretion, upon a breach by the
               other party of its obligations hereunder or under any other
               agreement executed pursuant hereto.

          2.   Upon termination of this Agreement, (i) ALC shall have no further
               obligation to provide Business Lease Financing, (ii) ALC's
               exclusive right to provide Business Lease Financing under this
               Agreement shall terminate, and (iii) in the event that RSi is in
               breach of its obligations with respect to any Securitization as
               set forth in this Agreement, all Lease Financing Loans which have
               not been included in a Securitization shall become immediately
               payable in full.

     E.  NON-ASSIGNABILITY:

         RSi may not assign, sell, exchange, hypothecate or otherwise transfer
         its rights, duties, obligations, privileges, entitlements or other
         interest in this Agreement, the Residual Profits or any securities
         issued to RSi from a Securitization to any other party without the
         express written consent of ALC.

     F.  LEASE PRODUCTION/INTEREST RATE ADJUSTMENT:

         RSi SPE shall originate Business Leases which result in at least $25
         million in Lease Financing Loans in the period ending thirty-six months
         from the date of this Agreement and at least $10 million in Lease
         Financing Loans in each twelve month period beginning 12 months after
         the date of this Agreement. Should RSi fail to meet this production
         requirement at any time during the term of this Agreement, the Interest
         Rate on all Lease Financing Loans held by ALC (i.e., not previously
         included in a Securitization) shall be [***].

     G.  KEY PERSONNEL:

*** Reflects portions of this document that have been omitted and filed
    separately with the Commission.

                                       13
<PAGE>

         Steven L. Sunyich will grant licenses to use any Equipment Intellectual
         Property owned by Mr. Sunyich and that relates to RSi, RSi SPE or the
         Equipment.

     H.  EXCLUSIVITY:

         During the term of this Agreement, (i) the RSi Parties hereby agree
         that, with respect to each Business Lease to a hotel or timeshare
         property located in the United States: (a) the RSi Parties shall
         request Business Lease Financing from ALC, and (b) ALC shall have the
         exclusive right to provide Business Lease Financing to the RSi Parties
         pursuant to the terms and conditions of this Agreement; and (ii) upon
         the satisfaction of each Condition, ALC agrees to provide Business
         Lease Financing for each Transaction which satisfies the requirements
         of this Agreement, the Guidelines and the Financing Agreement. In the
         event that the Conditions or Guidelines are not satisfied at any time
         during the term of this Agreement, ALC shall continue to have its
         exclusive right to provide Business Lease Financing pursuant to the
         terms and conditions of this Agreement, but shall not have the
         obligation to provide Business Lease Financing. In the event that ALC
         declines to exercise its right to provide Business Lease Financing for
         any Business Lease, the RSi Parties may sell or finance, as the case
         may be, such Business Lease to or with, as the case may be, a third
         party.

I.   RIGHT OF FIRST REFUSAL:

         During the term of this Agreement ALC shall have an exclusive right of
         first refusal ("Right of First Refusal") to provide financing, on a
         program basis, for all Refreshment Centers, Equipment or any other
         goods or equipment provided by any of the RSi Parties to all Customers
         in all industries (other than hotel or timeshare industries which are
         covered by the exclusivity provisions of Section III.H. above) pursuant
         to a lease (or revenue sharing agreement) that provides for the sharing
         of revenues between any of the RSi Parties and such Customer. If ALC
         does not exercise its Right of First Refusal on a program basis in a
         new industry within ninety (90) days from the date that ALC receives a
         written notice from RSi requesting ALC to consider a financing program
         in such industry, ALC shall not have a right of first refusal to
         provide financing to the RSi Parties for Refreshment Centers, Equipment
         or any other goods or equipment provided by any of the RSi Parties to
         Customers in such industry. If ALC exercises its Right of First
         Refusal, RSi and ALC shall document such financing program in a program
         agreement specific to such industry.

                                       14
<PAGE>

J.   COVENANTS RELATING TO REFRESHMENT CENTERS AND BUSINESS LEASES:

         During the term of this Agreement, the RSi Parties shall market
         Refreshment Centers to Customers in the hotel industry through Business
         Leases. Notwithstanding the foregoing, the RSi parties shall be allowed
         to market Refreshment Centers to Customers through Equipment Purchase
         (as defined below) or Standard Lease (as defined below) transactions.

IV.  Traditional Equipment Financing:

     A. General Description of Traditional Equipment Financing:

     For the RSi Parties' customers or potential customers ("Customers") that
     desire to have Refreshment Centers or Equipment installed on their
     premises, but do not desire to enter into a Business Lease which provides
     for the sharing of revenue between RSi and a Customer, such Customers must
     either purchase the Equipment or Refreshment Centers from RSi (each such
     purchase an "Equipment Purchase") or lease such Equipment or Refreshment
     Centers from RSi or some other third party (any such lease which does not
     provide for a sharing of revenues between RSi and such Customer shall be
     referred to herein as a "Standard Lease"). Any financing requested or
     obtained by a Customer to facilitate an Equipment Purchase, or any Standard
     Lease requested or obtained by a Customer, shall be defined herein as
     "Traditional Equipment Financing."

     B. Exclusive Financing Source for Traditional Equipment Financing:

     As part of the consideration for ALC's obligations under this Agreement,
     the RSi Parties shall refer all Customers to ALC and shall recommend ALC as
     the exclusive source of Traditional Equipment Financing to each of their
     Customers (such recommendation obligation the "Recommendation
     Requirement"). The RSi Parties shall not recommend to any of their
     Customers any other company or person to provide Traditional Equipment
     Financing unless: (a) ALC fails to provide such Customer with a written
     approval for financing (the "Commitment Letter") within three (3) business
     days following ALC's receipt of the Full Submission Package (as hereinafter
     defined), or (b) the business installing the Equipment has less than three
     (3) months operating history and the Customer will not provide ALC with a
     guarantee of the Traditional Equipment Financing from a Guarantor (as
     hereinafter defined). The Recommendation Requirement extends to all of the
     RSi's Parties' Customers in the United States, including but not limited to
     Customers in the hotel, hospital and timeshare industries.

     Notwithstanding the foregoing paragraph, Customers shall be allowed to
     unilaterally and independently select parties other than ALC to provide

                                       15
<PAGE>

     Traditional Equipment Financing.

     The "Full Submission Package" shall include the following specified items
     for the Customer which is obtaining the Traditional Equipment Financing and
     for any other person or entity which intends to guarantee the Traditional
     Equipment Financing ("Guarantor"):

     1.   Completed lease application of the Customer including complete
          explanation of terms of current debt (the "Consolidated Debt Schedule
          worksheet");

     2.   Current personal financial statement (no more than three months old)
          for all equity holders that own more than 20% of the equity of the
          Customer or Guarantor ("Controlling Owners").

     3.   Signed personal tax returns for all Controlling Owners for the
          previous two years only if the related Customer does not otherwise
          independently satisfy ALC's then current credit requirements;

     4.   Balance sheet and income statement of the Customer and Guarantor for
          the previous two years (fiscal or calendar years whichever is
          applicable);

     5.   Interim Income Statement of the Customer and Guarantor for the current
          and trailing year to date periods ;

     6.   Signed tax returns of the Customer and Guarantor for the previous two
          years (fiscal or calendar years whichever is applicable);

     7.   Twelve month pro-forma for any property location which is less than
          six months old including a feasibility study.

     RSi shall provide ALC with written notice that a Customer intends to
     utilize or is considering utilizing Traditional Equipment Financing within
     five (5) business days from the date RSi first becomes aware that such
     Customer intends to utilize or is considering utilizing Traditional
     Equipment Financing. RSi authorizes ALC to contact all Customers referenced
     in any of the foregoing notices and to inform such Customers that ALC is
     RSi's exclusive source of Traditional Equipment Financing.

     The Recommendation Requirement shall automatically terminate upon the
     earlier to occur of: (1) the date upon which Donnelly L. Prehn's full-time
     employment with ALC is terminated for any reason and (2) the date upon
     which this Agreement is terminated as set forth herein.

     In the event that ALC does not approve a Customer for Traditional Equipment
     Financing, upon the request of RSi, ALC shall provide a copy of its entire
     credit file (including any and all written underwriting analysis) to RSi,
     and ALC hereby authorizes RSi to use all information included in such
     credit file to attempt to locate other persons or entities to provide
     Traditional Equipment Financing to such Customer.

                                       16
<PAGE>

     C. Repurchase Obligation for Traditional Equipment Financing:

     In the event that any Customer elects Traditional Equipment Financing from
     ALC, and such Customer defaults on its lease or other agreement with ALC
     (such Customer a "Defaulted Customer"), and ALC obtains the legal right to
     recover and take possession of any Refreshment Centers subject to any such
     lease or other agreement, RSi shall:

     1.   Within two weeks of ALC's request, initiate action to, and within
          eight (8) weeks of such initiation, shall remove such Refreshment
          Centers from the Customer's premises at RSi's own cost and expense
          (subject to reimbursement as set forth below) and shall hold such
          Refreshment Centers as a consignee of ALC; and

     2.   Use its best efforts to either: (a) purchase each such (i) Standard
          Unit Refreshment Center from ALC for [***] (b) re-market and
          re-sell each such Refreshment Center at the fair market value for
          such equipment (such best efforts remarketing and re-sale
          obligation the "Remarketing Obligation"). If RSi resells such
          Refreshment Centers, RSi shall pay ALC all amounts received from
          such sale or sales, less all of RSi's reasonable expenses incurred
          in removing, remarketing and reinstalling such Refreshment Centers.

     In the event that RSi satisfies its Remarketing Obligation by placing the
     related Refreshment Centers at a Customer's premises pursuant to a Revenue
     Sharing Agreement: (a) RSi shall pay ALC all amounts received by RSi under
     such Revenue Sharing Agreement during the term of such agreement within
     three (3) days of receipt of such amounts, until ALC receives all amounts
     which it would have received from the Defaulted Customer under the
     Traditional Equipment Financing if such Defaulted Customer had paid all
     amounts required to be paid pursuant to the lease or other agreement,
     provided, however, that RSi shall be entitled to offset from any payments
     to ALC required by this paragraph, (i) RSi's reasonable expenses incurred
     in removing, remarketing and reinstalling such Refreshment Centers (until
     paid in full), (ii) an amount equal to the Property Tax Reserve for such
     Refreshment Centers, and (iii) the related Servicing Fee for such
     Refreshment Centers, and (b) such Revenue Sharing Agreement shall not be
     subject to ALC's exclusive right to provide Hotel Lease Financing set forth
     in Section III.H above.

     D. Interest Rate Volume Credit for Traditional Equipment Financing:

*** Reflects portions of this document that have been omitted and filed
    separately with the Commission.

                                       17
<PAGE>

     As consideration for the Recommendation Requirement, ALC shall credit
     twenty-five percent (25%) of the amount financed by ALC through Traditional
     Equipment Financing (calculated based upon the cost of the Equipment
     financed) against the cumulative volume amounts set forth in the interest
     rate schedule included in Exhibit B to the Program Agreement.

     E. RSi Commissions for Traditional Equipment Financing:

     For each Traditional Lease Financing transaction entered into between ALC
     and a Customer, ALC shall pay RSi a referral fee commission of fifty
     one-hundredths percent (.50%) of the principal amount financed by ALC.

V.  Additional Provisions

     A.  Further Assurances:

     The parties shall execute such further agreements and take such action as
     shall be necessary to facilitate and carry out the purposes and intent of
     this Agreement. No person or entity not a party hereto shall have any
     rights by reason of or be a third party beneficiary of this Agreement.

     B.  Choice of Law, Jurisdiction and Venue:

     This Agreement shall be construed in accordance with the laws of the State
     of Idaho, without regard to conflicts of law principles. The parties hereto
     irrevocably (a) agree that any suit, action or other legal proceeding
     arising out of or relating to this Agreement may be brought in a court of
     record in the State of Idaho or in the courts of the United States of
     America located in such state, (b) consent to the jurisdiction of each such
     court in any such suit, action or proceeding, and (c) waive any objection
     which it may have to the laying of venue of any such suit, action or
     proceeding in any of such courts and any claim that any such suit, action
     or proceeding has been brought in an inconvenient forum.

     C.  No Joint Venture:

     This Agreement is not intended and shall not be construed as being a
     partnership or joint venture for any purposes whatsoever.

     D.  Effective Date of the Agreement:

     This Agreement shall be effective as of February 6, 1999.

     E.  Notices:

                                       18
<PAGE>

     All demands, notices and communications hereunder shall be in writing and
     shall be deemed to have been duly given if mailed, by registered or
     certified mail, return receipt requested, or, if by other means, when
     received by the other party at the address as follows:

         (1)  if to RSi:

              RoomSystems, Inc.
              390 North 3050E.
              St. George, Utah  84790
              Attention:  Steven L. Sunyich

                                       19
<PAGE>

         (2)  if to ALC:

              AMRESCO Leasing Corporation
              412 E. Parkcenter Boulevard
              Suite 300
              Boise, Idaho  83706
              Attention:  William C. Cole

              with a copy to:

              Arter & Hadden LLP
              1801 K Street, NW
              Suite 400K
              Washington, DC  20006
              Attention:  Joe Gatti, Esq.

       or such other address as may hereafter be furnished to the other party by
       like notice. Any such demand, notice or communication hereunder shall be
       deemed to have been received on the date delivered to or received at the
       premises of the addressee (as evidenced, in the case of registered or
       certified mail, by the date noted on the return receipt).

       F.     Parties Represented by Counsel:

       Each party acknowledges that it has had the opportunity to consult with
       legal counsel in the preparation and review of this Agreement. The
       parties therefore stipulate that the rule of construction that
       ambiguities are to be resolved against the drafting party shall not be
       employed in the interpretation of this Agreement to favor any party
       against the other.

       G.     Indemnification:

       1.     The RSi Parties agree to defend, indemnify, pay and hold harmless
              ALC and the officers, directors, counsel, agents and affiliates of
              ALC (collectively, the "Indemnitees") from and against any and all
              losses, liabilities, damages and claims, whether based on any
              federal, state or foreign laws, statutes, rules and regulations,
              on common law or equitable cause or on contract or otherwise, that
              may be imposed on, incurred by or asserted against any such
              Indemnitee, in any manner relating to, arising out of or resulting
              from this Agreement, or the transactions contemplated hereby
              (collectively, the "Indemnified Liabilities"); provided, however,
              that none of the RSi Parties shall have any obligation to any
              Indemnitee hereunder with respect to Indemnified Liabilities to
              the extent such Indemnified Liabilities arise from the gross
              negligence or willful misconduct of that Indemnitee as determined
              by a final judgment of a court of competent jurisdiction. To the
              extent that the undertaking to defend, indemnify, pay and hold
              harmless set forth in the preceding sentence may be unenforceable
              because it is violative of any law or public policy, the RSi
              Parties shall contribute the maximum that they are permitted to
              pay and satisfy under applicable law to the payment and
              satisfaction of all Indemnified Liabilities incurred by the
              Indemnitee or any of them.

       2.     ALC agrees to defend, indemnify, pay and hold harmless the RSi
              Parties and the officers, directors, counsel, agents and
              affiliates of the RSi Parties (collectively, the "Indemnitees")
              from and against any and all losses, liabilities, damages and
              claims, whether based on any federal, state or foreign laws,
              statutes, rules and regulations, on common law or equitable cause
              or on contract or otherwise, that may be imposed on, incurred by
              or asserted against any such Indemnitee, in any manner relating
              to, arising out of or resulting from ALC's disclosure of
              information, or representations, regarding the Equipment or
              Refreshment Centers to third parties (collectively, the
              "Indemnified Liabilities"); provided, however, that ALC shall have
              no obligation to any Indemnitee hereunder with respect to
              Indemnified Liabilities to the extent such

                                       20
<PAGE>

       Indemnified Liabilities arise from the gross negligence or willful
       misconduct of that Indemnitee as determined by a final judgment of a
       court of competent jurisdiction. To the extent that the undertaking to
       defend, indemnify, pay and hold harmless set forth in the preceding
       sentence may be unenforceable because it is violative of any law or
       public policy, ALC shall contribute the maximum that it is permitted to
       pay and satisfy under applicable law to the payment and satisfaction of
       all Indemnified Liabilities incurred by the Indemnitee or any of them.

       H.     Waiver of Jury Trial and Consequential and Punitive Damages:

       THE PARTIES, INCLUDING ANY ASSIGNEES, HEREBY WAIVE (A) THEIR RIGHT TO
       TRIAL BY JURY OF DISPUTES, CLAIMS OR CONTROVERSIES BETWEEN THEMSELVES
       ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY AGREEMENTS,
       INSTRUMENTS OR TRANSACTIONS RELATING TO THIS AGREEMENT, WHETHER ARISING
       IN CONTRACT, TORT OR OTHERWISE; AND (B) THEIR RIGHT TO ANY CONSEQUENTIAL
       OR PUNITIVE DAMAGES.

       I.     Confidentiality:

                                       21
<PAGE>

       The parties, without the prior written consent of the other party, will
       not disclose or use, and will direct their agents and representatives not
       to disclose or use any Confidential Information (as defined below) at any
       time or in any manner other than in connection with the parties'
       participation in the Program. For purposes of this Paragraph,
       "Confidential Information" means all information which has or will be
       disclosed by any party to this Agreement in connection with the Program
       and all terms contained in this Agreement, provided that Confidential
       Information shall not include information which is publicly available,
       was acquired by any party to this Agreement from third parties or is
       required to be disclosed by law. Notwithstanding the foregoing, (i) ALC
       shall be allowed to disclose Confidential Information to statistical
       rating agencies, monoline insurers, investment bankers and other parties
       involved in a Securitization or the providing of financing to ALC and
       (ii) RSi shall be allowed to disclose the general existence of the
       Program, ALC's agreement to provide Business Lease Financing and RSi's
       relationship with ALC, but RSi shall have no authorization, without ALC's
       express written consent, to disclose the structure or financial terms of
       the Program or any Business Lease Financing. Upon the written request of
       any party to this Agreement ("Requesting Party"), the party to whom such
       request is directed ("Recipient Party") will promptly return to the
       Requesting Party all originals and all copies of Confidential
       Information, and the Recipient Party will promptly destroy all written
       information prepared by such Recipient Party or any of its agents or
       representatives which contain or refer to Confidential Information.

       J.     Payment of Attorney's Fees:

       If it is determined in a judicial proceeding that a party to this
       Agreement has failed to perform under any provision of this Agreement,
       and if the other party shall employ attorneys or incur other expenses for
       the enforcement, performance or observance of the terms of this Agreement
       on the part of the nonperforming party, then such other party, shall be
       reimbursed by the nonperforming party, on demand, for reasonable
       attorneys' fees and other out-of-pocket expenses.

       K.     Warranties, Representations and Covenants of RSi and RSF:

       1.     Each of RSi and RSF is a corporation duly organized, validly
              existing and in good standing under the laws of the jurisdiction
              of its incorporation with full power and authority to own its
              properties and conduct its business as such properties are
              presently owned and such business is presently conducted.

       2.     Each of RSi and RSF is duly qualified to do business as a foreign
              corporation in good standing, and has obtained all necessary
              licenses and approvals in all jurisdictions in which the ownership
              or leasing of its properties or the conduct of its business
              requires such qualifications,

                                       22
<PAGE>

              except where the failure to be so qualified or to have obtained
              such licenses or approvals would not have a material adverse
              effect on the transactions contemplated by this Agreement.

       3.     The execution and delivery of this Agreement by each of RSi and
              RSF in the manner contemplated herein and the performance and
              compliance with the terms hereof by it (i) shall not violate: (I)
              its articles of incorporation or bylaws, or (II) any laws that
              could have any material adverse effect whatsoever upon the
              validity, performance or enforceability of any of the terms of
              this Agreement applicable to RSi or RSF, and (ii) will not
              constitute a material default (or an event that, with notice or
              lapse of time or both, would constitute a material default) under,
              or result in the breach of, any material contract, agreement or
              other instrument to which RSi or RSF is a party or that may be
              applicable to it or any of its assets.

       4.     The execution and delivery of this Agreement by each of RSi and
              RSF in the manner contemplated herein and the performance and
              compliance with the terms hereof by it do not require the consent
              or approval of any governmental authority, or if such consent or
              approval is required, it has been obtained.

       5.     Assuming due authorization, execution and delivery by each other
              party hereto, this Agreement and all of the obligations of each of
              RSi and RSF hereunder are the legal, valid and binding obligations
              of RSi and RSF, as the case may be, and are enforceable in
              accordance with the terms of this Agreement, except as such
              enforcement may be limited by applicable debtor relief laws.

       6.     Each of RSi and RSF has the full power and authority to enter into
              and consummate all transactions contemplated by this Agreement,
              has duly authorized the execution, delivery and performance of
              this Agreement, and has duly executed and delivered this
              Agreement, and has taken all requisite corporate action to make
              this Agreement valid, binding and enforceable upon RSi and RSF in
              accordance with its terms.

       7.     The execution and delivery of this Agreement by each of RSi and
              RSF in the manner contemplated herein and the performance and
              compliance with the terms hereof by it do not require the consent
              or approval of any governmental authority, or if such consent or
              approval is required, it has been obtained.

       8.     Each of RSi's and RSF's execution and delivery of this Agreement
              and all other related documents, their performance and compliance
              with the terms hereof and thereof will not constitute a violation
              of, any law, any order or

                                       23
<PAGE>

              decree of any court, or any order, regulation or demand of any
              federal, state or local governmental or regulatory authority.

       9.     No action, suit or other proceeding or investigation is pending
              or, to the best of RSi's and RSF's knowledge, threatened before
              any court or any federal, state or local governmental or
              regulatory authority (A) asserting the invalidity of this
              Agreement, (B) seeking to prevent the consummation of any of the
              transactions contemplated by this Agreement, or (C) seeking any
              determination or ruling that would materially and adversely affect
              the ability of RSi or RSF to perform its obligations under this
              Agreement.

       10.    No consent, approval, authorization or order of, registration or
              filing with or notice to, any court or any federal, state or local
              governmental or regulatory authority is required for the
              execution, delivery and performance by RSi or RSF of this
              Agreement (other than those that have been obtained or will be
              obtained prior to the effective date of this Agreement and other
              than any such actions, approvals, etc., under any state securities
              laws or "Blue Sky" statutes, as to which neither RSi nor RSF makes
              such representation or warranty).

       11.    Neither RSi nor RSF is infringing upon, or otherwise violating the
              rights of any third party with respect to any patent, copyright,
              trademark, service mark, trade name or other mark, license,
              invention, or design, registered or unregistered (collectively,
              "Intellectual Property"). The use of any computer software
              programs, source codes, hardware schematics and working drawings,
              operating manuals, procedural documentation, performance data,
              customer lists, guidelines, applications, files, records,
              memoranda, reports, information (including sales, business,
              financial, accounting, forecasts, projections, media and other
              information) or other similar items (collectively, "General
              Intangibles") by RSi and RSF in connection with their respective
              businesses and operations or the transactions contemplated under
              this Agreement does not, and will not, violate or otherwise
              infringe the rights of any third party. RSi and RSF own and
              possess all Intellectual Property and General Intangibles
              necessary for the conduct of their businesses and operations,
              including, without limitation, the development, manufacture, sale,
              maintenance and operation of the Equipment and neither RSi nor RSF
              is aware of any claim to the contrary or challenge by any person
              to the rights of RSi and RSF with respect to such Intellectual
              Property and General Intangibles, except as otherwise disclosed in
              writing to ALC.

       12.    RSi and RSF will pay all taxes, assessments and other governmental
              impositions related to their properties, businesses and operations
              other than property taxes on the Equipment.

                                       24
<PAGE>

       13.    As of the date of this Agreement, the average revenue per day of
              all of RSi installed Refreshment Centers (excluding revenue
              generated from room safes) in [***].

       14.    Without the written consent of ALC, RSi and RSF will not, nor will
              either of them permit any of their subsidiaries or affiliates to:
              (a) enter into any transaction of merger or consolidation or
              amalgamation, unless the person or entity resulting from such
              merger or consolidation (if not RSi or RSF) shall expressly
              assume, by supplemental agreement satisfactory in form to ALC and
              executed and delivered to ALC, the due and punctual performance
              and observance of each and every covenant and condition of this
              Agreement to be performed and observed by the RSi Parties, (b)
              liquidate, wind-up or dissolve itself (or suffer any liquidation
              or dissolution), or (c) convey, sell, lease, transfer or otherwise
              dispose of, in one transaction or a series of transactions, all or
              a substantial part of its assets, whether now owned or hereafter
              acquired (including without limitation) receivables, but excluding
              any inventory or other assets sold or disposed of in the ordinary
              course of business). RSi and RSF shall not be in breach of the
              covenant reflected in item (c) in the preceding sentence unless
              ALC provides RSi with notice of the violation of such covenant
              within ninety (90) days from the date that ALC receives financial
              statements from RSi that make such violation reasonably and
              clearly apparent.

       L.     Warranties and Representations of ALC:

       1.     ALC is a corporation duly organized, validly existing and in good
              standing under the laws of the jurisdiction of its incorporation
              with full power and authority to own its properties and conduct
              its business as such properties are presently owned and such
              business is presently conducted.

       2.     ALC is duly qualified to do business as a foreign corporation in
              good standing, and has obtained all necessary licenses and
              approvals in all jurisdictions in which the ownership or leasing
              of its properties or the conduct of its business requires such
              qualifications, except where the failure to be so qualified or to
              have obtained such licenses or approvals would not have a material
              adverse effect on the transactions contemplated by this Agreement.

       3.     The execution and delivery of this Agreement by ALC in the manner
              contemplated herein and the performance and compliance with the
              terms hereof by it (i) shall not violate: (I) its articles of
              incorporation or bylaws, or (II) any laws that could have any
              material adverse effect whatsoever

*** Reflects portions of this document that have been omitted and filed
    separately with the Commission.

                                       25
<PAGE>

              upon the validity, performance or enforceability of any of the
              terms of this Agreement applicable to ALC, and (ii) will not
              constitute a material default (or an event that, with notice or
              lapse of time or both, would constitute a material default) under,
              or result in the breach of, any material contract, agreement or
              other instrument to which ALC is a party or that may be applicable
              to it or any of its assets.

       4.     The execution and delivery of this Agreement by ALC in the manner
              contemplated herein and the performance and compliance with the
              terms hereof by it do not require the consent or approval of any
              governmental authority, or if such consent or approval is
              required, it has been obtained.

       5.     Assuming due authorization, execution and delivery by each other
              party hereto, this Agreement and all of the obligations of ALC
              hereunder are the legal, valid and binding obligations of ALC,
              enforceable in accordance with the terms of this Agreement, except
              as such enforcement may be limited by applicable debtor relief
              laws.

       6.     ALC has the full power and authority to enter into and consummate
              all transactions contemplated by this Agreement, has duly
              authorized the execution, delivery and performance of this
              Agreement, and has duly executed and delivered this Agreement, and
              has taken all requisite corporate action to make this Agreement
              valid, binding and enforceable upon ALC in accordance with its
              terms.

       7.     The execution and delivery of this Agreement by ALC in the manner
              contemplated herein and the performance and compliance with the
              terms hereof by it do not require the consent or approval of any
              governmental authority, or if such consent or approval is
              required, it has been obtained.

       8.     ALC's execution and delivery of this Agreement and all other
              related documents, its performance and compliance with the terms
              hereof and thereof will not constitute a violation of, any law,
              any order or decree of any court, or any order, regulation or
              demand of any federal, state or local governmental or regulatory
              authority.

       9.     No action, suit or other proceeding or investigation is pending
              or, to the best of ALC's knowledge, threatened before any court or
              any federal, state or local governmental or regulatory authority
              (A) asserting the invalidity of this Agreement, (B) seeking to
              prevent the consummation of any of the transactions contemplated
              by this Agreement, or (C) seeking any determination or ruling that
              would materially and adversely affect the ability of ALC to
              perform its obligations under this Agreement.

                                       26
<PAGE>

       10.    No consent, approval, authorization or order of, registration or
              filing with or notice to, any court or any federal, state or local
              governmental or regulatory authority is required for the
              execution, delivery and performance by ALC of this Agreement
              (other than those that have been obtained or will be obtained
              prior to the effective date of this Agreement and other than any
              such actions, approvals, etc., under any state securities laws or
              "Blue Sky" statutes, as to which ALC makes no such representation
              or warranty).

       M.     Counterparts

       This Agreement may be executed in counterparts, so that when all parties
       have signed this form of Agreement, such signatures taken together form
       one complete agreement.

VII. Liquidated Damages

If any of the RSi Parties breach any obligations under Sections III.H., III.I.,
III.J. or V.K.14. (any obligation in any such section, a "Liquidated Damage
Obligation"), ALC shall be relieved of all of its obligations under this
Agreement, the RSi Parties shall pay ALC Liquidated Damages (defined below),
within sixty (60) days of RSi's receipt of notice of such breach if such breach
is not cured within such sixty (60) day period, and the outstanding amounts of
all Lease Financing Loans advanced by ALC under the Program shall be immediately
due and payable (such amount the "Accelerated Amount"). For purposes of this
Agreement, "Liquidated Damages" shall be equal to 50% of the present value of
the Projected Annual Spread Income calculated as of the date the first breach of
any Liquidated Damage Obligation occurs, utilizing a discount rate of 10% per
annum, and a term which begins in the year in which such breach occurs
(including such year), and which ends in the year 2005. The "Projected Annual
Spread Income" shall be equal to the projected units for each year shown below
multiplied by [***]:

                YEAR       PROJECTED UNITS
                ----       ---------------
                [***]

The Liquidated Damages shall be reduced by sixty-six and two-thirds percent (66
2/3%) from the amounts set forth above if both Donnelly Prehn and William Cole
are not

*** Reflects portions of this document that have been omitted and filed
    separately with the Commission.

                                       27
<PAGE>

employed on a full-time basis by ALC (or AMRESCO Commercial Finance,
Inc. or AMRESCO, INC.) on the date the related breach of a Liquidated Damage
Obligation occurs, unless (1) both Derek Ellis and Steven L. Sunyich are not
employed by RSi on such date (unless RSi replaces either Messrs. Ellis or
Sunyich with a successor that holds a substantially similar position and that is
acceptable to ALC in its reasonable and good faith judgment), and/or (2) ALC
replaces either Donnelly Prehn or William Cole with a successor that holds a
substantially similar position and that is acceptable to RSi in its reasonable
and good faith judgment, in which event, the Liquidated Damages shall not be
reduced from the amounts set forth above. The RSi Parties and ALC expressly
acknowledge and agree that it would be extremely difficult to determine ALC's
actual damages as a result of any breach of a Liquidated Damage Obligation, and
that the Liquidated Damages are a fair and reasonable estimate of such actual
damages in light of the magnitude of the actual or anticipated harm that will be
caused to ALC by any such breach. The RSi Parties acknowledge and agree that
their obligation to pay Liquidated Damages are joint and several.

VIII.    Pledge and Grant of Security Interest

As collateral security for the prompt and complete payment and performance when
due of each Liquidated Damage Obligation, and of the RSi Parties' obligation to
pay Liquidated Damages and the Accelerated Amount, the RSi Parties hereby pledge
and grant to ALC, a continuing security interest in, and lien on, all of the
RSi's Parties' right, title and interest in and to the following (collectively,
the "Collateral"): all Pledged Assets, Residual Profits, Collected Funds,
Refreshment Centers, Equipment, Intellectual Property, Equipment Intellectual
Property, Licenses, Business Leases, accounts, goods, inventory, documents,
chattel paper, deposit accounts, equipment, general intangibles, contracts,
certificates of title, fixtures, credits, claims, demands, assets and other
personal property of the RSi Parties, whether now owned, existing, hereafter
acquired, held, used, or sold, and any other property, rights and interests of
the RSi Parties which at any time relate to, arise out of or in connection with
the foregoing or which shall come into the possession or custody or under the
control of the Secured Party or any of its agents, representatives, associates
or correspondents, in connection with the foregoing; any and all additions and
accessions, replacements, substitutions, and improvements, of or to all of the
foregoing and all products, rents, profits, offspring, and proceeds thereof. For
purposes of the foregoing sentence, any term not otherwise defined herein shall
have the meaning ascribed to such term under the Uniform Commercial Code (or any
comparable law in effect in any relevant jurisdiction) the laws of which govern
the attachment or perfection of security interests hereunder. Without limiting
the generality of the foregoing, this Agreement also secures the payment of all
amounts which constitute part of the Liquidated Damage Obligations, the
Liquidated Damages, and the Accelerated Amount that would be owed by the RSi
Parties to ALC, but for the fact they are unenforceable or not allowable due to
the existence of a bankruptcy, reorganization or similar proceeding involving
any of the RSi Parties.

                                       28
<PAGE>

All rights of ALC and security interests hereunder, shall be absolute and
unconditional irrespective of: (a) any change in the time, manner, amount or
place of payment of, or any other term of, all or any of the Liquidated Damage
Obligations, the Liquidated Damages or the Accelerated Amount, or any other
amendment or waiver of or any consent to any departure from this Agreement; (b)
any exchange, release or non-perfection of all or any part of the Collateral or
any other collateral, or any release from, amendment to, waiver of, or consent
to departure from any or all of the Liquidated Damage Obligations, the
Liquidated Damages or the Accelerated Amount, or (c) to the fullest extent
permitted by law, any other circumstances which might otherwise constitute a
defense available to, or a discharge of the RSi Parties.

At the request of ALC, the RSi Parties shall execute all Financing Statements
and other documents and shall deliver items (including but not limited to stock
certificates) to ALC required to perfect ALC's security interests granted
pursuant to this Section VIII.

                                       29
<PAGE>

This Agreement has been executed and delivered as of the date first above
written.

AMRESCO Leasing Corporation

By:  /s/
     ------------------------------
Name:    Donnelly L. Prehn
Title:   Vice President

ROOMSYSTEMS, INC.

By:  /s/
     ------------------------------
Name:    Steven L. Sunyich
Title:   CEO and Chairman of the Board

ROOMSYSTEMS CORPORATION

By:  /s/
     ------------------------------
Name:    Steven L. Sunyich
Title:   CEO, Chairman of the Board
                 and President

/s/
------------------------------------------
Steven L. Sunyich, individually only as to
Paragraph III.G.

                                       30

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00007-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00007-of-00352.parquet"}]]