Exhibit 10.13
CONFIDENTIAL TREATMENT HAS BEEN REQUESTED FOR CERTAIN REDACTED
PROVISIONS OF THIS AGREEMENT. THE REDACTED PROVISIONS ARE INDICATED
BY THREE ASTERISKS ENCLOSED BY BRACKETS AND UNDERLINED. THE
CONFIDENTIAL PORTIONS HAVE BEEN FILED SEPARATELY WITH THE
SECURITIES AND EXCHANGE COMMISSION.
[Meta Payment
Systems LOGO]
A Division of
MetaBank
2329 N. Career
Avenue
Sioux Falls, SD
57107
P:
605-275-9555
F:
605-275-8270
www.metapay.com
August 30, 2004
Christopher Foley
Chief Financial
Officer
NBO Systems, Inc.
3676 W. California
Ave., Bldg. D
Salt Lake City, UT
84104-6515
Dear Christopher
This letter is to confirm the intent of Meta Payment Systems and
NBO Systems. Inc. ("NBO") to enter into a Marketing Agreement,
under which NBO shall design, market and distribute certain stored
value or prepaid card programs issued by Meta Payment Systems.
Terms and conditions substantially similar to those in the
attached Exhibit A shall be set forth in a mutually acceptable
final written agreement and executed by the parties. If a final
agreement is not signed by September 15, 2004 then either party, at
its option, may terminate negotiations and neither party will have
an obligation to the other with regard to this transaction.
This is a letter of intent only. It is not intended to be, and
shall not constitute in any way a binding or legal agreement, or
impose any legal obligation or duty on either NBO or Meta Payment
Systems.
By signing below the parties acknowledge that the foregoing
adequately reflects their mutual statement of intention.
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Meta Payments
Systems
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NBO Systems,
Inc.
|
|
By: /s/
[illegible]
|
By: /s/
[illegible]
|
|
Title:
President
|
Title: CFO
|
|
Dates:
8/30/04
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Date: 8/30/04
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Exhibit A to Letter
of Intent Dated August 30, 2004
PREPAID CARD PORTFOLIO
NBO will pay to Meta
