Obligations of Operator. 3.1 After the Operator Management Date, Operator shall, from time to time on a timely basis: (A) during the Term hereof, be the contracting operator to TG, of all Internet & Wireless lottery products and services, including without limitation, equipment, hardware, software, telephone system support, design and marketing, required in the conduct of the Lottery or other games of chance conducted directly or indirectly by and on behalf of TG in such quantities and at such times as Operator in its sole discretion, shall determine. (B) maintain the systems software and hardware that will provide ongoing sales service support and management reporting requirements; (C) maintain a high level of security and technical expertise in all of the services provided (D) supply staffing and working capital from time to time in such amounts as may be determined by Operator in its sole discretion to be necessary for the conduct of the Internet/Wireless Games and Operations. (E) staff operations and offices, supply back-up office systems, including computer hardware and software, necessary for the conduct of the Lottery, including systems for validation, Lottery allocation and participation, payment systems, game accounting and distribution ; (F) design all of the Games for implementation as part of the Internet & Wireless Lottery, including the prize structures, rules and regulations of the games and/or draws related thereto; (G) provide reasonable support, as such may be determined in the sole discretion of Operator, for the marketing and sales of the Lottery; (H) design and implement advertising and promotional programs for the Lottery to the extent deemed appropriate by Operator; (I) generally provide the TG with the benefit of its expertise relating to the establishment, operation and management of Lottery Games; (J) license all patents and/or copyright material necessary for the conduct of the Lottery and Games, which licenses shall be in effect for the duration of the Term; (K) provide to TG quarterly interim unaudited statements of accounts in respect of the operation of the Lottery Games and Operations, within ninety (90) days from the end of each calendar, and an annual statement of accounts audited by a recognized auditing firm; and (L) disperse prizes relating to the Lottery and Operations Games in a timely and reasonable manner, subject to compliance with security procedures and operational policies. 3.2 Within six (6) months of the Contract Date will be the Operator's Management Date, at which time the Operator shall commence sales operations and formalize its plan for the operation of the Lottery Games and Operations, including designating and working with service professionals, marketing and advertising groups, in anticipation of the Operator Management Date. All of said plans and preparations shall be designed and made at Operator's discretion. 3.3 Operator shall have the right consistent with law to: (A) hire, contract, appoint and release personnel of lottery operations at its sole discretion; (B) set employment policy according to industry standards and compensation arrangements for all employees, consultants, technical advisors, and otherwise all aspects involving salary and commission schedules for the term of the contract; (C) release, terminate or suspend employees; (D) operate and oversee its business interest in accordance with any and all policies or procedures it deems necessary and appropriate.
Appears in 1 contract
Obligations of Operator. 3.1 After the Operator Management Date, Operator shall, from time to time on a timely basis:
(Aa) during the Term hereof, be the contracting operator to TGINTELLECT, of all Internet & Wireless lottery Lottery products and services, including without limitation, equipment, hardware, software, telephone system support, design and marketing, required in the conduct of the Lottery or other games of chance conducted directly or indirectly by and on behalf of TG INTELLECT in such quantities and at such times as Operator in its sole discretion, shall determine.;
(Bb) maintain the systems software and hardware that will provide ongoing sales service support and management reporting requirements;
(Cc) maintain a high level of security and technical expertise in all of the services provided;
(Dd) supply staffing and working capital from time to time in such amounts as may be determined by Operator in its sole discretion to be necessary for the conduct of the Internet/Wireless Lottery Games and Operations.;
(Ee) staff operations and offices, supply back-up office systems, including computer hardware and software, necessary for the conduct of the Lottery, including systems for validation, Lottery Charity allocation and participation, payment systems, game accounting and distribution distribution;
(Ff) design all of the Games for implementation as part of the Internet & Wireless Lottery, including the prize structures, rules and regulations of the games and/or draws related thereto;
(Gg) provide reasonable support, as such may be determined in the sole discretion of Operator, for the marketing and sales of the Lottery;
(Hh) design and implement advertising and promotional programs for the Lottery to the extent deemed appropriate by Operator;
(Ii) generally provide the TG INTELLECT with the benefit of its expertise relating to the establishment, design, operation and management of Lottery Games;
(Jj) license all patents and/or copyright material necessary for the conduct of the Lottery and Games, which licenses shall be in effect for the duration of the Term;
(Kk) provide to TG INTELLECT quarterly interim unaudited statements of accounts in respect of the operation of the Lottery Games and Operations, within ninety (90) days from the end of each calendar, and an annual statement of accounts audited by a recognized auditing firm; and
(Ll) disperse prizes relating to the Lottery and Operations Games in a timely and reasonable manner, subject to compliance with security procedures and operational policies.
3.2 Within six (6) seven months of the Contract Date will be the Operator's Management Date, at which time the Operator shall commence sales operations and formalize its plan for the operation of the Lottery Games and Operations, including designating and working with service professionals, marketing and advertising groups, in anticipation of the Operator Management Date. All of said plans and preparations shall be designed and made at Operator's discretion.
3.3 Operator shall have the right consistent with law to:
(A) hire, contract, appoint and release personnel of lottery operations at its sole discretion;
(B) set employment policy according to industry standards and compensation arrangements for all employees, consultants, technical advisors, and otherwise all aspects involving salary and commission schedules for the term of the contract;
(C) release, terminate or suspend employees;
(D) operate and oversee its business interest in accordance with any and all policies or procedures it deems necessary and appropriate.Management
Appears in 1 contract