EXHIBIT 10.95
[* * *]. Certain information in this
exhibit has been omitted and filed separately with the
Commission. Confidential treatment has been requested with
respect to the omitted portions.
REVENUE SHARING PURCHASE
AGREEMENT
(AMERICAS)
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SELLER:
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UTSTARCOM, INC.
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PURCHASER:
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MULTIDATA
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Incorporation:
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Delaware
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Incorporation:
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Honduras Republic
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Address:
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1275 Harbor Bay Parkway
Alameda, California 94502
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Address:
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Boulevard Suyapa, Edificlo AHIBA
Planta Baja, Tegucigalpa, Honduras
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Attn:
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Legal Department
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Attn.
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José Rafael Ferrari
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Telephone:
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(510) 864-8800
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Telephone:
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504 235-7635
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Fax:
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(510) 864-8802
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Fax:
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504 239-0075
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Effective Date: October 21 st ,
2003
This REVENUE SHARING PURCHASE AGREEMENT,
including all exhibits (“Agreement’), is the entire
agreement between the Parties concerning Purchaser’s purchase
of the Products or Services (as defined below). This
Agreement supersedes, and its terms govern, any prior agreements
(including without limitation any nondisclosure agreements),
proposals or other communications, oral or written, between the
parties with respect to the Products or Services. This Agreement
may be changed only by mutual written agreement of authorized
representatives of the parties. This Agreement governs all
documents (e.g., purchase orders) issued by PURCHASER with respect
to the Products or Services and any additional or conflicting terms
and conditions contained in any such documents are of no force and
effect. In consideration of the mutual promises herein, UTSTARCOM
and PURCHASER agree to be bound by this Agreement, including the
following exhibits:
Exhibit A. Terms and Conditions
Exhibit B. Products, Services and
Discounts
Exhibit C. Services Statement of Work
Exhibit D. Product and Service Purchase List for
Each Phase of the Project
Exhibit E. Payment and Related Terms
Exhibit F. Form of Acceptance
Certificate
Exhibit G. FCPA Policy
Exhibit H. EEA Policy
PURCHASER AGREES TO PURCHASE UTSTARCOM PRODUCTS
AND/OR SERVICES FOR A TOTAL CONTRACT PRICE UP TO US[***] ([***] IN
PHASE I OF THE PROJECT, [***] IN PHASE II OF THE PROJECT,
[***] IN PHASE III OF THE PROJECT AND [***] IN PHASE IV
OF THE PROJECT), DURING A PERIOD COMMENCING ON THE EFFECTIVE DATE
ABOVE THROUGH OCTOBER 31, 2006 (SUCH PERIOD SUBJECT TO
MUTUALLY AGREED UPON EXTENSIONS BY THE PARTIES), AS MORE FULLY
DESCRIBED IN THE PRODUCT AND SERVICE PURCHASE LIST ATTACHED HERE AS
EXHIBIT D. AS SET FORTH ON EXHIBIT D, IT IS ANTICIPATED
THAT THE PROJECT THAT IS THE SUBJECT OF THIS AGREEMENT (THE
“PROJECT”) WILL INVOLVE FOUR PHASES OF PURCHASES.
PURCHASES SHALL BE MADE BY PURCHASE ORDER PURSUANT TO THE TERMS AND
CONDITIONS ATTACHED HERETO; HOWEVER, THIS CONTRACT BETWEEN
PURCHASER AND UTSTARCOM CONSTITUTES A LEGALLY-BINDING OBLIGATION BY
PURCHASER TO PURCHASE PRODUCTS AND/OR SERVICES DESCRIBED IN
EXHIBIT D ON A PHASE BY PHASE DEPLOYMENT UP TO THE CONTRACT
PRICE ABOVE OR ANY OF THE PHASES DESCRIBED IN
EXHIBIT D.
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PRIOR TO DEPLOYMENT OF EACH PHASE, PURCHASER AND
UTSTARCOM WILL CONDUCT A BUSINESS REVIEW TO INCLUDE AND, OR MODIFY
SUBSCRIBER DEMAND, TECHNOLOGY REQUIREMENTS AND DEPLOYMENT SCHEDULE.
PLEASE REVIEW THE ATTACHED EXHIBITS, WHICH INCLUDE IMPORTANT LEGAL
TERMS, SUCH AS LIMITATIONS OF WARRANTIES AND
REMEDIES.
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UTSTARCOM
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PURCHASER
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/s/ Rene Mendez
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/s/ Jose Rafael Ferrari
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Authorized Signature
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Authorized Signature
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Rene Mendez
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Jose Rafael Ferrari
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Printed Name
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Printed Name
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Vice President CA LA
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President
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Title
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Title
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October 21, 2003
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October 21, 2003
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Date
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Date
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2
EXHIBIT A – TERMS AND
CONDITIONS
This Agreement (including all exhibits)
constitutes the entire agreement for the sale of UTStarcom PAS
products (the “Products”) and/or services (the
“Services”) by UTStarcom, Inc.
(“UTStarcom”) to you (“Purchaser”).
The Products and Services to be purchased hereunder are described
in Exhibits B and C hereto. The terms and conditions in this
Agreement will override and supersede any other documents issued by
Purchaser, including purchase orders, unless expressly agreed to in
writing by UTStarcom.
1.
Ordering
. Purchaser will
order Products and/or Services by issuing a written purchase order
to UTStarcom. It is anticipated that the project that is the
subject of this Agreement will involve four phases of purchases (as
described in detail in Exhibit D hereto), and that Purchaser
will issue one purchase order to UTStarcom in connection with each
phase. Orders are subject to acceptance by UTStarcom, which occurs
upon delivery to Purchaser of an Order Acknowledgement form. If
UTStarcom rejects an order due to insufficient revenues being
generated to UTStarcom for the Project, then UTStarcom will extend
to Purchaser the same pricing as stated in Exhibit D or the current
market pricing under substantially similar business conditions;
provided however, that Purchaser will be required to execute a new
contract with UTStarcom’s standard payment terms and submit a
new purchase order to UTStarcom pursuant to such new contact.
Multidata can make changes in delivery schedule, including
cancellation of all or any of the phases up to [ *** ] prior to the scheduled
delivery, after this it will be subject to a rescheduling charge
of [ *** ] of the net order value of the
rescheduled portion of the order. Purchaser agrees that the
Products purchased under this Agreement are not for resale, and
that Purchaser is purchasing the Products for internal use by
Purchaser in conducting its business operations.
2.
Shipment
. Delivery of
Products is [
***
] , such delivery to be made to
a carrier/freight forwarder selected by UTStarcom unless otherwise
specified by Purchaser. Other shipping arrangements specified
by Purchaser may be made by UTStarcom for the actual cost of
shipping [
***
] . The
[ *** ] will be calculated based
on [ *** ] of the actual cost of
shipping. Products will be packaged by UTStarcom in accordance with
UTStarcom’s standard practices. Title, possession and
risk of loss regarding the Products shall [ *** ]
3.
Payment
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3.1
All Products
and/or Services sold to Purchaser shall be paid for in accordance
with the terms and conditions contained in Exhibit E to this
Agreement. Exhibit E also sets forth certain terms and conditions
which will protect the interests of UTStarcom until Purchaser pays
UTStarcom in full for the Products and/or Services.
3.2
The purchase
price for Products and/or Services does not include taxes and other
charges, All taxes, including sales, use, privilege, excise or
other taxes (other than taxes computed on the basis of the net
income of UTStarcom), duties, assessments and other related charges
levied by any jurisdiction, and shipping, handling, insurance,
brokerage and similar fees pertaining to the Products and/or
Services, shall be paid by Purchaser. [ *** ]
3.3
UTStarcom shall
determine Purchaser’s credit limit from time to time at
UTStarcom’s discretion, and Purchaser will provide to
UTStarcom such financial information from time to time as may be
reasonably requested by UTStarcom. If any order by Purchaser
exceeds its credit limit, or Purchaser fails to make payments when
due or otherwise defaults or commits a breach hereunder, UTStarcom
may, effective immediately upon giving notice to Purchaser, (i)
suspend credit and delay shipment until such terms are met, and/or
(ii) alter the terms of payment: and/or (iii) cancel any order then
outstanding and/or (iv) pursue any other remedies available by law
or equity. Further, if Purchaser fails to pay any charges when due,
UTStarcom may charge Purchaser a late payment charge equal
to [ *** ] .
4.
Acceptance
. Upon completion
of each phase of the Project, the parties will conduct testing of
the Products and/or Services purchased in that phase of the
Project. The criteria for acceptance of the Products and/or
Services purchased in each phase of the Project shall be the
commercial in-service handling of the first successful call of the
deployment. Promptly upon the satisfaction of such acceptance
criteria, Purchaser shall sign an Acceptance Certificate with
respect to such Products and/or Services. The form of Acceptance
Certificate to be used is attached hereto as
Exhibit F.
5.
Limited
Warranty . UTStarcom warrants that
hardware Products will be free from defects in workmanship and
materials, under normal use and service, for [ *** ] after delivery to Purchaser.
UTStarcom warrants that (i) each
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software program will
perform in substantial conformance to its program specifications,
and (ii) the media containing the software will be free of defects
in materials and workmanship under normal use, for a period
of [ *** ] after delivery to
Purchaser. This limited warranty is described in more detail
in the warranty card or Product manual accompanying the Product,
and/or on UTStarcom’s International Professional Services
website. EXCEPT FOR THIS WARRANTY, UTSTARCOM DISCLAIMS ALL
WARRANTIES WITH RESPECT TO THE PRODUCTS, EXPRESS OR IMPLIED,
INCLUDING AS TO PERFORMANCE, NON-INFRINGEMENT OF THIRD PARTY
RIGHTS, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.
NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED HEREIN, THE
FOREGOING IS PURCHASER’S SOLE AND EXCLUSIVE REMEDY FOR BREACH
OF THE PRODUCT WARRANTY. TO THE FULL EXTENT ALLOWED BY LAW,
UTSTARCOM EXCLUDES FOR ITSELF AND ITS SUPPLIERS ANY LIABILITY,
WHETHER BASED IN CON
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