On December 28, 2005, the parties entered into an amendment to the Services Agreement (see Exhibit 10.2). Under this amendment, the parties agreed to extend the pilot program until March 15, 2006. Thereafter, if the parties mutually agree that a national rollout of this program is mutually beneficial, they will enter into a definitive agreement for such national rollout.
While it's good news overall, we won't be getting that super pop next week.
-------------------- "Please note that every week from now until the end of time is a 'coming week.' "
IP: Logged |
Entry into Material Agreement, Financial Statements and Exhibits
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On October 4, 2005, the Company entered into a Services Agreement with Circuit City Stores, Inc. (see Exhibit 10.1). Under the terms of this agreement, the parties will run a pilot program, to commence on November 1, 2005 and ending on January 15, 2006, in 17 retail stores and on the Circuit City website to promote the service offered by the Company. If the pilot program is deemed a success by both parties, the parties will expand the pilot program to the remaining approximate 600 retail locations of Circuit City in the United States by adding 55 Circuit City stores per month. Under the terms of this agreement, the parties will share in the revenue from the sale of Company memberships through Circuit City.
Attached is a press release issued in connection with this agreement (see Exhibit 99).
On December 28, 2005, the parties entered into an amendment to the Services Agreement (see Exhibit 10.2). Under this amendment, the parties agreed to extend the pilot program until March 15, 2006. Thereafter, if the parties mutually agree that a national rollout of this program is mutually beneficial, they will enter into a definitive agreement for such national rollout.
IP: Logged |
posted
Hmm... I wonder how bad this will take us down. It's definitely not what we were expecting. Still good overall but not as good as what was intended. bah
-------------------- This is some pretty gay Mc. Bestiality.
IP: Logged |
posted
Seems everyone is jumping ship. That was stupid to release that today, they killed the momentum. If they signed a aagreement on Dec 28th to extend it they should of released ir then, why wait til today??
IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
