|
|
|
|
Document Preview Letter Agreement |
||||
|
|
||||
|
Click "Add to Cart" button to purchase document. |
||||
|
|
||||
|
Title: |
Letter Agreement |
|||
|
Entities: |
||||
|
Date: |
2002 |
|||
|
Size: |
Preview shows 5KB of 26KB total |
|||
|
Price: |
$33 |
|||
|
ID: |
#401970 |
|||
|
|
||||
|
||||
|
|
||||
|
Start of Preview |
||||
August 28, 2001
TiVo Inc.
2160 Gold Street
P.O. Box 2160
Alviso, California 95002
Purchase of NBC Advertising Inventory
Gentlemen:
This letter sets forth the agreement (the "Letter Agreement")
between the National Broadcasting Company, Inc. ("NBC"), and TiVo Inc.
("Advertiser") with respect to NBC's agreement to provide Advertiser with
certain advertising inventory on the NBC Television Network and NBC's owned
and operated television stations (collectively, "NBC TV") and the CNBC
Cable Network ("CNBC"), in each case to promote Advertiser, subject to the
following terms and conditions:
1. Spots. (a) NBC shall provide Advertiser with advertising spots (the
"Spots") to be telecast on NBC TV and CNBC on the Dates, Days and Times
mutually agreed by NBC and Advertiser and consistent with the parameters
set forth in Schedule 2 hereto; provided, however, that in the event that
no such agreement is reached with regard to the number or value of Spots to
be broadcast in any calendar quarter or year, NBC may propose and implement
a reasonable schedule for the broadcast of Spots in accordance with the
parameters and objectives set forth in Exhibit B for the Total Spot Value
set forth in Section 2 below. An initial schedule for the remainder of the
2001 calendar year shall be determined as soon as practicable following the
date hereof. All such Spots run by Advertiser shall be subject to NBC TV's
and CNBC's standard terms and conditions for such advertising, which, in
the case of NBC TV, are described in the "Participating Sponsorship
Agreement" attached hereto as Exhibit A (the "NBC TV Standard Terms") and,
in the case of CNBC, are described in the "Standard Terms and Conditions"
attached hereto as Exhibit B (the "CNBC Standard Terms" and together with
the NBC TV Standard Terms, the "Standard Terms"). The Standard Terms are
made a part of this Letter Agreement in their entirety; provided, however,
that in the case of a conflict between the terms of this Letter Agreement
and the terms of the Standard Terms, the terms of this Letter Agreement
shall govern. For purposes of the Standard Terms, Advertiser shall be both
the "Advertiser" and the "Agency" as such terms are used therein.
(b) The Spots shall promote Advertiser, its products and services
and may not advertise, promote or mention any other product, service,
television program, web site or third party whatsoever without the prior
written consent of NBC. The telecast of all Spots is subject to the current
standards, practices and business procedures of NBC and CNBC. NBC or CNBC,
as the case may be, in its sole discretion, reserves the right to limit or
withdraw the telecast of any Spots which it, at any time and in its sole
discretion, deems unsuitable or in violation of its standards, practices
and procedures, or if the subject matter and/or presentation is considered
by NBC or CNBC, as the case may be, to be offensive, defamatory or
otherwise inappropriate or inconsistent with its advertising philosophy or
format. In addition, with respect to the placement or telecast of
Advertiser's Spots in any particular program, NBC or CNBC, as the case may
be, may reject such placement or telecast if such placement or telecast
would compete with or violate the rights of any other advertiser, sponsor
or supplier of such program or program category, as determined by NBC or
CNBC in its sole discretion and in good faith, provided that (i) NBC or
CNBC, as the case may be, shall notify the Company as promptly as
reasonably practicable in the event that any such placement or telecast
shall be rejected and (ii) no placement or telecast shall be rejected on
account of a placement by another advertiser if Advertiser's Spot has been
purchased first in time; it being further understood that NBC's aggregate
commitments set forth in Section 2 below shall not be affected by any such
rejection. To the extent any of Advertiser's Spots are displaced for any of
the foregoing reasons, NBC or CNBC, as the case may be, when determining
the placement of replacement Spots for Advertiser, shall provide Advertiser
with the most favorable treatment with respect to such displacement
|
End of Preview |
Home Intelligence Services Subscriptions News About Us