07-E Coca Cola Agr - Laserfiche WebLink

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BEVERAGE PROVIDER AGREEMENT This agreement ("Agreement") is made between Paris Coca-Cola Bottling Company of North Texas, a Texas Corporation (hereinafter referred to as ("Beverage Provider") and the City of Paris having its principal place of business at 50 W. Hickory, Paris, Texas (hereinafter referred to as "City"). WHEREAS, Beverage Provider is dedicated to being responsive to the needs of the City and to improving the communities in which it does business; and WHEREAS, City is vested with the appropriate authority and wishes to grant to Beverage Provider the exclusive beverage availability rights described herein with respect to the City's new Paris Sports Complex Softball Facility (hereinafter referred to as the " Complex" . ) NOW, THEREFORE, in consideration of the acts and promises contained herein, the parties hereby agree as follows: A. DerIDed Terms. 1. "Beverages" shall mean all nonalcoholic beverages of any kind, but shall not include fresh-brewed unbranded coffee and tea products, unflavored dairy products, water drawn from the public water supply or unbranded juice squeezed fresh at the Complex (as defined below). 2. "Products" shall mean Beverages products purchased directly from Beverage Provider or sold through vending machinès owned and stocked by Beverage Provider. 3. "Competitive Products" shall mean all Beverages other than Products. 4. "Complex" shall mean and include the entire premise of the City of Paris Sports Complex Softball Facility. B Term. This Agreement shall be a term of one (1) year effective the date of final execution thereof, automatically renewable for an additional four (4) one-year terms; provided, however, the City may terminate this Agreement at any time for cause following thirty (30) days written notice to Paris Coca Cola of intent to terminate. Likewise, the City may terminate this Agreement by providing thirty (30) days written notice to the company in advance of any automatic renewal period, subject, however, to the City's obligation to make a pro rata reimbursement (based on the number of years out of five (5) the Agreement has concluded) of a portion of those monies paid to the City pursuant to paragraph C of this Agreement. c. ~onsibi1ities ofBevera~Provid~. In order to advance the mission of the City, to benefit the Complex, in exchange for the rights granted to Beverage Provider Beverage Provider Agreement - Page 1 E.XHIBIT A , I