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AUDIO TREK INTERNATIONAL 1
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AUDIO TREK INTERNATIONAL 1
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Last modified
1/3/2012 3:26:06 PM
Creation date
2/23/2006 10:16:59 AM
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Contracts
Company Name
Audio Trek International
Contract #
N-1997-025
Agency
Parks, Recreation, & Community Services
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<br />For example: <br />Zoo elects to increase the deposit to three dollars ($3.00) <br />and has paid ATI one dollar ($1.00) for ZOOKEYS that are in <br />their current stock to be offered to visitors for the new <br />deposit amount. ATI may invoice zoo for an additional fifty <br />cents ($.50) for all ZOOKEYS in the zoo inventory that are <br />to be used in the continuing DEPOSIT program. Inventory <br />includes un-issued new ZOOKEYS remaining in stock plus <br />ZOOKEYS that have been issued and returned by visitors and <br />are again in ZOO stock or are being returned to ZOO stock <br />for subsequent re-issue to other visitors. If such invento- <br />ry included three thousand (3,000) new ZOOKEYS and one <br />thousand (1,000) previously issued ZOOKEYS, ZOO would inform <br />ATI the total of the two types and ATI may invoice ZOO for <br />four thousand (4,000) ZOOKEYS at fifty cents ($.50) each. <br />In this manner both the ZOO and ATI share equally in the <br />revenue generated by visitors who elect to forfeit their <br />deposit and keep the ZOOKEY. <br /> <br />4. ZOO will notify ATI in writing of its intention to: increase <br />the deposit; the date the increase is to take effect; and the <br />total number of previously issued and unissued ZOOKEYS in their <br />inventory as of the date the new deposit increase is to become <br />effective. <br /> <br />5. ATI may invoice ZOO for the additional amount due and ZOO <br />will 'pay said invoice either on receipt of invoice or on other <br />payment terms agreed between the parties as per section 4.3 (a) <br />of the CONTRACT. <br /> <br />6. Any production of ZOOKEYS by ATI for ZOO that is in process <br />that is to be utilized in the increased deposit program for which <br />the ZOO has previously paid an initial down payment based on the <br />previous lower DEPOSIT rate will be invoiced to ZOO by ATI for <br />the additional amount due for the down payment and the increased <br />final payment when the complete order has been shipped. ZOO will <br />issue ATI a revised Purchase Order to reflect the additional cost <br />of the ZOOKEYS. <br /> <br />7. If zoo operates the DEPOSIT program with a deposit require- <br />ment higher than the minimum two dollars ($2.00) and later de- <br />cides to reduce the deposit, it must advise ATI the number of <br />remaining ZOOKEYS on hand for use in the reduced DEPOSIT program <br />and ATI will issue a credit to ZOO for fifty percent (50%) of the <br />reduction of previously paid for ZOOKEYS to apply against future <br />orders for ZOOKEYS by ZOO. <br /> <br />8. ZOO will, at their expense, recycle ZOOKEYS, that have been <br />returned by visitors who have received their deposit back, that <br />the ZOO considers acceptable for re-issuance to other visitors. <br />Recycling may include inspection, cleaning, replacing printed <br />labels, rewinding attached elastic neckbands or removing and re- <br />attaching a new neckband, counting and repackaging the ZOOKEYS to <br />m~kA t-hAm J::llit-RhlA for TP.!-issuance. <br />
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