EXHIBIT 10.22
Power Photo Baby
Installation Agreement
In the matter of the placement of one multi-image photo kiosk, we the
undersigned hereby agree to the following terms:
o Power Photo Kiosks Inc. (PPK) will deliver one, fully operational photo
kiosk to the locations specified on the attachment.
o The Hospital will select the locations for the unit and once in place they
will not be moved unless a PPK technician is present to assist.
o A dedicated phone line will be installed to each Kiosk for the purpose of
reporting and diagnostics.
o The Kiosk shall be installed by technicians of Power Photo and shall be
thoroughly checked and put in working order. The Kiosk will be included in
the Hospitals standard visual maintenance program to ensure the kiosks are
presented in a manner keeping with their high standards.
o Technicians of Power Photo Kiosks will train Hospital staff in the areas of
replacing photographic paper and general knowledge and full operation of
the Kiosk. Additional paper will be supplied on as needed basis and will be
stocked with sufficient paper. Two additional rolls will be in stock at all
times.
o Power Photo Kiosks Inc. will provide all service and support. The Kiosk
will be on line and will have a number of functions routinely checked,
however, if at anytime the kiosk is not in working order, we request that a
Hospital representative will contact Power Photo at the numbers provided.
o Power Photo Kiosks Inc. reserves the right to use the monitors and panels
for advertising purposes. ▇▇▇▇▇ Memorial Hospital, would approve all
advertisements, and, would share in the revenues received. No other use
will be allowed for the Kiosk, i.e. cross promotion without the written
consent of Power Photo Kiosks Inc.
o Power Photo Kiosks carries a public liability policy for two million
dollars. ▇▇▇▇▇ Memorial Hospital, agrees to include the kiosks in its
blanket insurance policy covering fire and theft.
o Net profits from the Kiosk picture taking revenue, will be calculated
monthly and divided on a 60/40 basis, by the 15th of the following month.
Payment, to be arranged. Advertising revenue will be calculated, and
commissions paid on a quarterly basis.
o See attached for formula for package breakdowns. Media per sheet costs are
subject to change with 60 days notice.
o This agreement will remain in effect for the period of three years, from
the date of signing, but may be terminated by either party with a written
notice of 10 days, at which time Power Photo Kiosks will remove the Kiosks
from the premises at the requesting parties expense.
Agreed this 15 day of January 2001.
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For: ▇▇▇▇▇ Memorial Hospital For: Power Photo Kiosks Inc.
Name ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇
/s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ /s/ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇
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Signature Signature
V.P. President & CEO
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