Laserfiche WebLink
901 8S47997 <br /> 10:31:47 a.m. 06-28-2012 2/4 <br /> 92310Y <br /> �2? 140 <br /> City of Batesville r <br /> Batesville EE <br /> le Sao Complex <br /> BEVERAGE �7-7 <br /> AGE AGRMthIT <br /> 77&R- <br /> This Beverage Agreement(the"Agreement')is made this 1st day of January,21312 by <br /> and between Peril B9v0r1g_e6 CRmpenY('Pepsis)with offices located at 1125 t3atemy Ile Blvd <br /> ,Batesville Af 72!!01:end 9,.C4y of Satesvitle- Batesville strotta Complex with facilities <br /> located at 1830 Chaney Dr.Batesville Ar.72601. (the'Customer). <br /> WHEREAS.Customer and Pepsi each desire that Pepsi,through its Brands(as <br /> hereinafter defined),serve as the sole,exclusive and official Beverage(as hereinafter defined) <br /> supplier,distributor and advertiser of Customer at each and every location owned and operated, <br /> controlled or utilized by the Customer lncluding.but not limited to,each and every location, <br /> Beverage fountain and vending location, special events area,concession vending area and any <br /> and all other areas and locations that become operational during the term of this Agreement(the <br /> 'Facilities'). <br /> NOW.THEREFORE,in 0oc►8ider;3tton of the mt6ual covenants Pepsi and CusWmer <br /> hereby aWm- as fi�Norrs:. <br /> 1. Beverages shall be defined as any and all non-eicohok drinks except milk. <br /> 2 :Brands shelf mean any and ai!Beverages soap ted distributed by Pepsi and any and <br /> all Beverages Pepsi may sell or distribute in the future induding, but not limited to, carbonated <br /> soft drinks, non-cprbonated soft dunks,juices,juice containing beverages,teas,energy drinks, <br /> sports drinks,or plc drinks, bottled waters bottled coffee,frozen beverages,hot coffee and <br /> tea. <br /> 3. Subjeotto the renewal provistons set forth herein below,the term of this seven <br /> Year(T year Agreement shall cam rrience,ml- <br /> .1j-.0 and ktminete on ,1;,V, <br /> or when Customer has purchased a total bf eases!ins(the"Benchmark <br /> Requirement'),whi0tever comes last(Term'). All funding p J by Pepsi in Paragraph 5 of <br /> tlllS AQI Rf@rtt. tQrmtnai'0.on 12-31-18;tipVlleyer,Cuswm6r-"Ibo f egaired to honor the <br /> terrr�tsd t6etif ns of t1%. 1preamart until ttta;66hdwark Regtairhas been met. <br /> 4. In enfWWgar CUstornef's 7 year`commAlt went and other valuable consideration <br /> and upon full executioini of this Agreement, the parties agree as follows: <br /> a. Pepsi agrees to pay.Customer an upfront payment of btu five thousand <br /> doitats(s25, payable within sixty(60)days af*ft signing of this of this <br /> Agreement. <br /> b. Pepsi to pay one thqmsand Jmi-A—d $115tf0,00for each year 1-7 <br /> for f ; PrIwsitlp payable at the end > 0#t <br /> C. Pepsl Wi*s to per ang thou2ar3d dollars i;i40 :OQ)ftireach year 1-7 for team <br /> spansorahip pay%b(rs at the end of each year. <br /> d. Full Service Vending If requested will be paid at step commission. <br /> a. 2012 Pricing as follows , 20 oz carbonated soft drinks$21.22/24 pack case ,20 oz <br /> W;iWr$19.58124 pack case. 20 of Gatorade$21.22124 pack case . <br /> f. :.Ail prlcing qojusWainnuelty <br /> g. Noel vAl 06MIealt cooilrq eauipment need to woler Pepsi Products <br /> h. AN Pepsi equipment provided , service and maintain all Pepsi cooling equipment free of <br /> charge <br />