STRATEGIC ALLIANCE AGREEMENTStrategic Alliance Agreement |
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Exhibit 10.1
STRATEGIC ALLIANCE AGREEMENT
WHEREAS, Gridline Communications Holdings, Inc. (GCH), a Delaware Corporation
and the Ibero American Science and Technology Education Consortium (ISTEC) a
501C3 Not for Profit Organization, believe that it is in their mutual best
interests to pursue opportunities to provide high speed broadband internet and
associated services, products and equipment to ISTEC members and affiliates, as
further defined in Section 1 below, pursuant to this Agreement and by way of a
Strategic Alliance relationship established in accordance with the terms and
subject to the conditions set forth below.
NOW, THEREFORE, in consideration of the foregoing and the premises and
agreements set forth herein, and upon the terms, covenants and conditions
hereinafter set forth, the parties hereto agree as follows:
1. PURPOSE. The purpose of the Strategic Alliance shall be to a) provide
broadband, high speed internet and associated services, products and equipment
to ISTEC members and member affiliates and b) create a financial mechanism
consistent with the requirements and restrictions of an operating Not for Profit
Organization, in order to;
a). Enable and propagate broadband access to critical and necessary
information and;
b). Provide full web based services and applications through the broadband
access and;
c). to engage in all other activities and transactions that are necessary
in furtherance of that purpose (the "OPERATIONS").
2. LIMITATION ON BUSINESS. The business of the Strategic Alliance shall be
limited to the conduct of Operations within the ISTEC Membership and affiliates.
Operations outside the Membership and affiliates shall be agreed to by the
parties on a case by case basis.
3. STRATEGIC ALLIANCE PARTY RESPONSIBILITIES.
A) GLCH shall be responsible for the following:
o Design, deployment, installation and testing of all SA deployed
products
o Ongoing provisioning and management of the deployed network(






