PC QUOTE
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STANDARD LICENSE AGREEMENT
This Agreement made effective this 31st day of January, 1995 by and between PC
QUOTE, INC. (hereinafter referred to as "PCQ"), a Delaware Corporation with its
principal place of business at 300 S. Wacker Drive, Chicago, Illinois 60606,
and:
All-Tech Investment Group, Inc.
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(hereinafter referred to as "CUSTOMER") at:
160 Summit Ave
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Montvale, NJ 07645
Whereas PCQ provides a service (hereinafter referred to as the "SERVICE")
consisting of software (hereinafter referred to as the "LICENSED SOFTWARE"),
combined with information (hereinafter referred to as the "DATAFEED") obtained,
selected and consolidated under the authority of various agencies and other
information providers; and
Whereas CUSTOMER desires to utilize LICENSED SOFTWARE and DATAFEED;
Now, therefore, CUSTOMER and PCQ hereby agree to the following:
1. SOFTWARE AND DATAFEED LICENSE AGREEMENT
A. PCQ agrees to grant and CUSTOMER agrees to accept on the following terms and
conditions, a non-transferable and non-exclusive license to use the LICENSED
SOFTWARE and DATAFEED provided by PCQ to CUSTOMER.
B. PCQ shall retain title and all copyrights or proprietary rights to said
LICENSED SOFTWARE. CUSTOMER shall have a non-exclusive license only to use the
LICENSED SOFTWARE only in conjunction with the DATAFEED, and shall have no right
to sell, transfer, sub-license, rent, lease, copy, modify, translate, convert to
another programming language, decompile or disassemble the LICENSED SOFTWARE for
any purpose.
C. The license granted by PCQ to CUSTOMER to use the DATAFEED, in addition to
being non-exclusive and non-transferrable, is limited to use only in conjunction
with the LICENSED SOFTWARE. Further, CUSTOMER agrees to use the DATAFEED only
within CUSTOMER's operations at the locations set forth in this Agreement.
D. CUSTOMER acknowledges and agrees that DATAFEED is intended for the exclusive
internal use of CUSTOMER and that said service, the data included in such
service or any derivations thereof shall not be redistributed in any form to any
third party, whether or not that third party's business involves further
redistribution of said data to paying clients, without prior written consent.
However, and notwithstanding anything to the contrary in this Agreement,
CUSTOMER may provide and distribute to CUSTOMER's clients small subsets of
specific data items included in the DATAFEED.
1. CUSTOMER may not charge such clients separately for contents of the
DATAFEED.
2. In client statements, client confirmations, client reports, and other
publications as part of the ordinary course of CUSTOMER's existing
business.
3. In connection with client financial transactions.
2. TERM
A. The initial term of this license Agreement shall be 24 months (2) year(s)
from its effective date. The effective date for purposes of this Agreement is
the date upon which LICENSED SOFTWARE is authorized by PCQ to access the
DATAFEED. Neither PCQ nor CUSTOMER shall terminate or alter this Agreement
except as follows.
B. At the conclusion of the initial term, this entire Agreement shall
automatically renew itself annually for an additional one (1) year term unless
either party sends notice to the other party at least sixty (60) days prior to
the anniversary of the effective date of this Agreement, by certified mail to
the address indicated above, expressing a desire to terminate the Agreement.
Said termination will be effective as of the last day of the month in which this
anniversary occurs.
PC QUOTE, INC. STANDARD LICENSE AGREEMENT / 2
C. Notwithstanding the provisions of 2(A), and 2(B) above, should a party to
this Agreement be in material breach of the Agreement, the other party may
terminate the Agreement sixty (60) days after notice of said material breach is
received and only if such material breach is not cured within thirty (30) days
of receipt of notice.
D. PCQ may terminate this Agreement for non-payment as provided in Sections
4(F), 5(A) and 5(D) below.
3. EQUIPMENT
A. PCQ, to facilitate CUSTOMER's use of its DATAFEED and LICENSED SOFTWARE, may
provide to CUSTOMER computer hardware, a satellite dish antenna or other
equipment that may be required. PCQ shall retain title to any equipment if
furnishes. CUSTOMER as lessor and user of such equipment, agrees to be
responsible for it and shall reimburse PCQ for all damages sustained by the
equipment or for the cost of replacing the equipment in the event that it is
lost, stolen, or destroyed while in the possession of CUSTOMER. In the event
that this Agreement is terminated by either party, CUSTOMER shall remain
responsible for the safety of the equipment and shall reimburse PCQ for any
damages sustained or its replacement cost if lost, stolen or destroyed, from the
date that the Agreement is cancelled until such time trial PCQ repossesses such
equipment. CUSTOMER agrees to insure all equipment owned by PCQ which is
provided the CUSTOMER incident to the services purchased in a sum equal to its
replacement value under a commercial multi-peril policy or its equivalent.
CUSTOMER further agrees to name PCQ as an additional insured under said policy
and to furnish PCQ with a certificate of insurance evidencing such coverage it
so requested by PCQ. CUSTOMER agrees to provide access to the equipment for
purposes of installation, removal, maintenance, or repair during reasonable
business hours.
B. PCQ will provide its standard installation, consisting of labor to connect
communications equipment (satellite dish, modems or hardware), 100 feet of
regular RG-59 coaxial cable, 6 feet of interface cable with appropriate RS-232
connectors, ground shipment of equipment, handling charge, and support for
installation of software, at a cost as defined in the appended Schedule(s) of
Services and Fees specified in Section 14. If during the installation a
satellite dish is proven infeasible, the CUSTOMER shall pay all charges
necessary to lease and install short haul modems or long haul modems as well as
all other time and material expenses incurred by PCQ in excess of the standard
installation provided that CUSTOMER receives prior notice and approves such
expenses before incurred. CUSTOMER acknowledges that in the event data lines are
necessary to install the service, CUSTOMER shall pay for such data lines, and
CUSTOMER acknowledges that the monthly expense of such data lines may not be
known prior to installation, and that this expense may be subject to change
without notice based upon chances in local or long distance telephone carrier
charges. Non-standard installation costs will be paid to PCQ by the CUSTOMER on
a time and materials basis, provided that the CUSTOMER receives prior notice
that the standard installation is inappropriate and an estimate of the cost of
non-standard installation.
C. Upon termination of this Agreement CUSTOMER shall, within thirty (30) days
following the effective date of termination, return all property of PCQ held and
used by the CUSTOMER and CUSTOMER shall pay all removal cost incurred.
4. PAYMENT
A. During the initial term the CUSTOMER shall pay the monthly charges set fourth
in the Schedule(s) of Services and Fees specified in Section 14. PCQ agrees that
no increase in monthly charges shall occur during this initial term.
B. Upon renewal of this Agreement for subsequent one (1) year terms, CUSTOMER
shall pay, during each subsequent annual term, the prevailing price for services
in existence of each Agreement anniversary date without further adjustment until
the following anniversary date.
C. All payments made pursuant to this Agreement shall be in United States
currency only.
D. Upon termination of this Agreement, CUSTOMER will pay all charges for
services and fees for the entire month in which that termination becomes
effective.
E. The charges for each service set forth in the Schedule(s) of Services and
Fees specified in Section 14 shall be invoiced monthly and CUSTOMER agrees to
pay said charges within thirty (30) days of the invoice date. All payments which
have not been received by PCQ within thirty (30) days of the invoice date shall
be subject to a FINANCE CHARGE of 1.0% per month which is a corresponding ANNUAL
PERCENTAGE RATE of 12% of the outstanding balance.
F. In the event any invoice is not paid by CUSTOMER within thirty (30) days
after receipts PCQ, at its sole option and discretion, without any notice
whatsoever to CUSTOMER, may terminate this Agreement and CUSTOMER's access to
and use of the LICENSED SOFTWARE and DATAFEED provided hereunder. Any invoice
submitted by PCQ shall be deemed correct unless CUSTOMER advises PCQ in writing
within thirty (30) days of the receipt of the invoice that it disagrees with the
invoice and specifies the nature of the disagreement. The remedies contained
herein are cumulative and are in addition to all other rights and remedies
available to PCQ under this Agreement, by operation of law, or otherwise.
5. EXCHANGE AUTHORIZATION AND CONTRIBUTED DATA
PC QUOTE, INC. STANDARD LICENSE AGREEMENT / 3
A. The CUSTOMER hereby acknowledges and agrees that the DATAFEED provided under
this Agreement contains information obtained, selected and consolidated by PCQ
under the authority of various agencies, including but not limited to, the New
York Stock Exchange, American Stock Exchange, Pacific Stock Exchange, Midwest
Stock Exchange, Chicago Board Options Exchange, the Options Price Reporting
Authority, the Consolidated Tape Association, Chicago Board of Trade, Chicago
Mercantile Exchange/International Monetary Market, Kansas City Board of Trade,
Minneapolis Grain Exchange, Commodities Exchange Center, New York Futures
Exchange, and Mid-America Commodity Exchange and that the CUSTOMER's use of the
DATAFEED is authorized and regulated by said agencies. Prior to commencement of
services under this Agreement, CUSTOMER's authority to use the information
provided to PCQ by said agencies shall be obtained by CUSTOMER, with assistance
by PCQ, directly from said agencies. If such authorization is not obtained
within thirty (30) days of execution, this Agreement may be cancelled by PCQ
without further notice.
B. PCQ includes in the DATAFEED, additional information (hereinafter referred to
as "CONTRIBUTED DATA") which PCQ obtains from "INFORMATION PROVIDERS"
(hereinafter referred to as IPs") that may not require that CUSTOMER obtain
authority to use such information directly from the contributing IPs. The term
"CONTRIBUTED DATA" refers not only to such information, but also to the
compilation and formal of such information, and associated documentation and
software, and to the distribution of such information by IP to PCQ and by PCQ to
CUSTOMER. CUSTOMER acknowledges and agrees that individual IPs may request that
PCQ terminate CUSTOMER's access to said IP's data at any time and that PCQ will
carry out such request in accordance with the provisions of said IP's
agreement with PCQ. CUSTOMER further acknowledges and agrees that in the event
that any agreement between PCQ and an IP is terminated in accordance with its
provisions, the CONTRIBUTED DATA will no longer include that IP's data.
C. CUSTOMER acknowledges that PCQ is required to report certain information
related to CUSTOMER's use of the DATAFEED to the various agencies and IPs from
whom the information selected and consolidated by PCQ is obtained. To enable PCQ
to meet its obligation in this regard, CUSTOMER agrees to inform PCQ, in
writing, whenever its usage of the DATAFEED changes materially. Such changes
shall include, but not be limited to:
1. An increase or decrease in the number of simultaneously operable
devices having the ability to display information obtained from
the DATAFEED
2. The physical address(es) at which information from the DATAFEED
is utilized.
D. CUSTOMER agrees that PCQ shall have the right to audit and inspect during
CUSTOMER's operational business hours all CUSTOMER's receiving terminals to
insure that the information transmitted by PCQ is not being shared, distributed,
or transmitted to unauthorized terminals, computers, screens or persons.
E. CUSTOMER hereby agrees to pay any and all fees or charges for any agency or
IP authorization involved. FAILURE TO PAY SAID AUTHORIZATI0N CHARGES SHALL
RESULT IN IMMEDIATE TERMINATION OF CUSTOMER'S SERVICE AS DEFINED BY THIS
AGREEMENT.
6. LIMITATIONS OF LIABILITY; REMEDIES ON DEFAULT
A. The information and data used in the DATAFEED and LICENSED SOFTWARE provided
under this Agreement, including, but not limited to, option prices, stock
prices, commodity prices, dividends, dividend dates, volatilities, deltas and
other variables, which are obtained by PCQ from the various agencies as
described in Paragraph 5(A) which are believed to be reliable and PCQ agrees to
run reasonable control checks thereon to verify that the data transmitted by PCQ
is the same as the data received from the various exchanges and other sources.
However, PCQ shall not be subject to liability for truth, accuracy, or
completeness of the information received by PCQ from the various exchanges and
other sources and conveyed to CUSTOMER or for errors, mistakes or omissions
therein or for any delays or interruptions of the DATAFEED or LICENSED SOFTWARE
from whatever cause.
B. PCQ OBTAINS THE CONTRIBUTED DATA FROM IPs CONSIDERED TO BE RELIABLE AND BOTH
PCQ AND IPs ENDEAVOR TO OBTAIN, SELECT, CONSOLIDATE AND DISTRIBUTE THE
CONTRIBUTED DATA WITHOUT ERROR. HOWEVER, CUSTOMER ACKNOWLEDGES AND AGREES THAT
THE CONTRIBUTED DATA IS DISTRIBUTED ON AN "AS-IS", "AS-AVAILABLE" BASIS AND THAT
PCQ AND IPs DO NOT GUARANTEE OR MAKE ANY WARRANTIES WHATSOEVER WITH RESPECT TO
THE CONTRIBUTED DATA OR TO THE SEQUENCE, ACCURACY, CURRENCY OR COMPLETENESS OF
ANY QUOTATIONS, MARKET INFORMATION OR OTHER INFORMATION CONTAINED THEREIN, AND
THAT NEITHER PCQ NOR IPs SHALL BE LIABLE TO CUSTOMER FOR ANY INDIRECT,
INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES ARISING THEREFROM OR OCCASIONED
THEREBY AND WHETHER OR NOT RESULTING FROM NEGLIGENCE.
C. CUSTOMER FURTHER ACKNOWLEDGES THAT NEITHER PCQ NOR IPs WARRANT THAT THE
CONTRIBUTED DATA MAY BE RELIED UPON FOR TRADING PURPOSES OR FOR ANY OTHER
PURPOSES AND THAT NEITHER PCQ NOR IPs SHALL BE LIABLE TO CUSTOMER FOR ANY
DIRECT, INDIRECT, CONSEQUENTIAL, INCIDENTAL OR EXEMPLARY DAMAGES ARISING
THEREFROM OR OCCASIONED THEREBY AND WHETHER OR NOT RESULTING FROM NEGLIGENCE.
D. CUSTOMER and PCQ shall not be responsible for, nor be in default under this
Agreement due to delays or failure of performance resulting from acts or causes
beyond its control, including but not limited to: acts of God, strikes,
lockouts, riots, acts of war, epidemics, government acts, fire, satellite
malfunctions, communications line or equipment failures, power failures,
earthquakes, or other disasters.
PC QUOTE, INC. STANDARD LICENSE AGREEMENT / 4
E. CUSTOMER acknowledges that the LICENSED SOFTWARE provided by PCQ is designed
and intended to be used with computer hardware and hardware configurations
specifically delineated in the appended Schedule(s) of Services and Fees
specified in Section 14. CUSTOMERS using non-authorized computer hardware or
hardware configurations shall pay PCQ for any support services provided on a
time and materials basis.
F. LIABILITY UNDER THIS AGREEMENT FROM ANY AND ALL CAUSES, INCLUDING, BUT NOT
LIMITED TO, PROGRAM MALFUNCTION OR OPERATIONAL NEGLIGENCE, SHALL BE LIMITED TO
GENERAL MONEY DAMAGES IN AN AMOUNT NOT TO EXCEED ONE MONTH'S AVERAGE TOTAL
MONTHLY CHARGES PAID BY CUSTOMER FOR THE SERVICES DURING THE TWELVE (12) MONTHS
PRECEDING THE MONTH IN WHICH THE DAMAGE OR INJURY IS ALLEGED TO HAVE OCCURRED,
OR SUCH LESSER NUMBER OF MONTHS IF CUSTOMER HAS NOT RECEIVED TWELVE (12) MONTHS'
SERVICE. SUCH LIMITATION SHALL BE THE EXTENT OF PCQ'S LIABILITY REGARDLESS OF
THE FORM IN WHICH ANY LEGAL OR EQUITABLE ACTION MAY BE BROUGHT AGAINST PCQ, AND
THE FOREGOING SHALL CONSTITUTE CUSTOMER'S SOLE REMEDY. IN NO EVENT WILL PCQ BE
RESPONSIBLE FOR LOST PROFITS OR SPECIAL, INDIRECT, INCIDENTAL OR CONSEQUENTIAL
DAMAGES WHICH CUSTOMER MAY INCUR OR EXPERIENCE ON ACCOUNT OF ENTERING INTO OR
RELYING ON THIS AGREEMENT, EVEN IF PCQ HAS BEEN ADVISED OF THE POSSIBILITY OF
SUCH DAMAGES.
G. Any sales, use, excise, value added and local property taxes will be payable
by CUSTOMER should such taxes be applicable.
7. WARRANTIES
A. It is expressly understood and agreed to by the parties hereto that EXCEPT AS
SPECIFICALLY PROVIDED HEREIN, ALL WARRANTIES, EXPRESSED OR IMPLIED, INCLUDING
ANY IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE,
ARE HEREBY EXCLUDED.
B. CUSTOMER agrees not to use or permit anyone to use the LICENSED SOFTWARE or
any information provided in the DATAFEED for any unlawful or unauthorized
purpose.
C. CUSTOMER agrees not to use the data included in the DATAFEED to develop,
update or maintain a database for the purpose of looking up CUSIP numbers.
8. CONFIDENTIALITY OF PROPRIETARY INFORMATION
A. CUSTOMER understands and acknowledges the proprietary nature of the SERVICE
and LICENSED SOFTWARE provided by PCQ and that said SERVICE and LICENSED
SOFTWARE have been developed as a trade secret of PCQ and at its expense.
CUSTOMER agrees to hold said proprietary information in strictest confidence and
shall not release, disclose, or divulge such proprietary information to any
other person or company. Furthermore, CUSTOMER agrees not to attempt any reverse
engineering of the DATAFEED to decode the signals used by PCQ in transmitting
the information.
B. The CONTRIBUTED DATA, as it exists from time to time during the term of this
Agreement, whether or not the subject of copyright or patent protection, shall
at all times be the property of PCQ and the data therein shall at all times be
the property of IPs. CUSTOMER acknowledges that the CONTRIBUTED DATA constitutes
confidential and proprietary information and a trade secret of PCQ and IPs in
which they have invested significantly and which is of significant value to PCQ
and IPs. CUSTOMER shall accord to the contents of the CONTRIBUTED DATA such
protection as is necessary to prevent any unauthorized use, disclosure,
dissemination or duplication, which protection shall be no less than that which
CUSTOMER accords to its own confidential and proprietary information, and
CUSTOMER shall comply with such instructions as PCQ may issue from time to time
with regard to the return, destruction or other disposition of the contents of
the CONTRIBUTED DATA and associated documentation after use. This provision
shall survive the termination or expiration of this Agreement.
C. PCQ understands the proprietary nature of any information belonging to
CUSTOMER and recognizes the harm that can be occasioned to CUSTOMER by
disclosure of information relative to CUSTOMER's activities. PCQ agrees to hold
such information in the same manner as PCQ deals with its own proprietary
information and trade secrets.
9. INDEMNIFICATION
A. CUSTOMER hereby agrees to defend, indemnify and hold PCQ, its employees,
agents, successors and assigns, harmless, including reasonable attorney's fees,
from any and all claims, liabilities or obligations made against PCQ:
1. By the various agencies from whom PCQ has obtained selected and
consolidated information for failure by CUSTOMER to pay any fees
or charges owed by CUSTOMER to said agencies.
2. By any third party or parties arising in any way, directly or
indirectly out of CUSTOMER's use of the SERVICE.
PC QUOTE, INC. STANDARD LICENSE AGREEMENT / 5
3. Resulting from CUSTOMER's misrepresentations, breach or warranty or
non-performance of any of the covenants or obligations under this Agreement or
from any misrepresentations or omissions made by CUSTOMER to PCQ or any third
party respecting any authorizations or certificates furnished or to be furnished
to PCQ including specifically, but not limited to, any authority required of
CUSTOMER pursuant to Section 5 hereof.
B. PCQ hereby agrees to defend, indemnify and hold CUSTOMER harmless, including
reasonable attorney's fees, from and against any claim that the LICENSED
SOFTWARE infringes on the patent, copyright, or other propritary rights of
another.
10. ASSIGNMENT
This Agreement or any rights or obligations granted hereunder may not be
assigned by CUSTOMER without the prior written consent of PCQ.
11. APPLICABLE LAW
This Agreement shall be governed by the laws of the State of Illinois and the
parties to this Agreement hereby vest the federal and state courts sitting in
the City of Chicago with sole and exclusive jurisdiction over the interpretation
and enforcement of this Agreement.
12. SEVERABILITY
Whenever possible, each provision of this Agreement shall be interpreted in such
manner as to be effective and valid under applicable law, but if any provision
of this Agreement shall be prohibited by or invalid under applicable law, such
provision shall be ineffective to the extent of such prohibition or invalidity,
without invalidating the remainder of such provision or the remaining provisions
of this Agreement.
13. ENTIRE AGREEMENT
A. As used herein, the term "Agreement" includes any written amendments,
modifications or supplements made in accordance herewith.
B. CUSTOMER acknowledges that it has read this Agreement, understands it, and
agrees to be bound by its terms and further acknowledges and agrees that it
constitutes the entire agreement of the parties hereto and supersedes all other
proposals, oral or written, and all other communications between the parties
relating to the subject matter hereof and this Agreement may not be modified or
terminated orally. No amendment to this Agreement shall be effective unless it
is in writing and signed by all duly-authorized representatives of both parties.
14. APPENDED SCHEDULE(S) OF SERVICES AND FEES
The following Schedule(s) of Services and Fees are appended to this Agreement:
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SCHEDULE TITLE
NO.
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GNR-94-06 Schedule of Services and Fees
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IN WITNESS WHEREOF, the parties hereto hereby execute this Agreement.
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AGREED TO: AGREED TO:
PC QUOTE, INC, CUSTOMER
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By: By: Mark Shefts
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Name: Name: Mark Shefts
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Title: Title: Pres.
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Date: Date: 2-1-95
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Sign Here
Reference: Service date:
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PC QUOTE Contract date: Contract Term:
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1/31/95 12 mos
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Customer: All-Tech Pro/Non: Pro
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SCHEDULE OF Address: 160 Summit Ave.
SERVICES AND FEES ------- Montvale, NJ 07645
Agreement date:
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Total Interrogation Devices:
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GNR-94-06
MONTHLY SERVICES
Item Quantity Site First Unit Add'l Units Total
Hyperfeed Site Fee (To include both server as long as there is a 1 1000 $1,000
minimum of 10 PCW units. Otherwise $250/Month)
Windows Workstation 10 100 100 $1,000
Nasdaq Level II 10 50 50 $500
Dow Jones News 10 25 25 30 day trial
Agreement may be cancelled without penalty during 1st
60 days after installation if not 100% satisfied.
1st month of operation -- no charge.
Monthly Total Payable to PC Quote $2,500
ONE TIME CHARGES
Item Site First Unit Add'l Units Total
Installation & Training 1500 $1,500
Final Months service $2,500
Total Due with Contract $4,000
EXCHANGE CHECKLIST
Units Exchange Existing Acct. if any
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10 New York Consolidated Last Sale
10 New York Consolidated Bid/Ask
10 American Last Sale
10 American Bid/Ask
10 American Stock Exchange
10 NASDAQ Last Sale NMS
10 NASDAQ Bid/Ask Level I
10 NASDAQ Level II
10 Options Price Reporting Authority
Chicago Board of Trade
Chicago Mercantile Exchange/International Monetary Market
Commodities Exchange Center/New York Futures Exchange
Commodity Exchange, Inc. (COMEX)
Kansas City Board of Trade
MidAmerican Commodities Exchange
Minneapolis Grain Exchange
Canadian Consolidated Equities
Global HyperFeed please complete and attach International Exchange
Checklist
DOW JONES NEWS CHECKLIST
Units For PC Quote for Windows or with Third Party Application
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10 Dow Jones News Service (or Broadtape)
FOR PC QUOTE FOR DOS & OS/2 or with third Party Application
Interactive Headline News
Dow Jones Financial
Capital Markets Report
SIGNATURES Sign Here
Customer: Mark Shefts PC Quote, Inc.
Title: Pres. Title:
Date: 2-1-95 Date:
PC Quote Customer Information CI-92-7
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For Company or Individual
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Full Legal Name: All-Tech Investment Group, Inc.
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Address: 160 Summit Ave.
Summit, NJ 07645
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Phone. 201-307-4000 Fax: 201-782-9090 County: Bergen
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For Individual Only
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Please describe your occupation:
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SSN:
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For Company Only
Ownership [X] Corporation--state of incorporation: NY
[ ] Partnership [ ] Proprietorship
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Type of Office: [X] Home [ ] Branch [ ] Independent [ ] Other:
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Primary Contact: Mark Shefts Phone or ext.: 201-782-0200
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Secondary Contact: Harry Loftkuitz Phone or ext.: 201-782-0200
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Technical Contact (if different): Phone or ext.: 201-782-0200
Mark Sandusky
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Tax ID No.: 13 2581640 Years in business:* 7 Yr
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For Company or Individual
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Bank.: United Jersey Bank
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Account No.: 154131806 Type: Checking
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Account No.: 154131733 Type: Checking
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Credit Reference: XXXXXXXXXXXXX
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Account No.: None Phone: 201-573-0370
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Credit Reference: XXXXXXXXXXXXXXXXX
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Account No.: All-Tech Phone: 201-546-4458
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Credit Reference: Computer Supplies International
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Account No.: 100041 Phone: 201-666-4306
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All information provided above will be hold confidential but will be used for
credit checking purposes. I/We hereby authorize PC Quote, Inc. to whom this
application is made to investigate the references listed pertaining to my/our
credit and financial responsibility.
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By: Mark Shefts
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Title: Pres. Date: 2-1-95
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For service billed to company other than company or Individual above
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Please provide a letter from bill recipient accepting financial responsibility,
plus the Information below.
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Company Name:
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Authorized Contact: Phone:
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Address:
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Less than 2 years in business: add'l credit information may be required.
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Internal Use Ref.: Rep:
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1066
ALL-TECH INVESTMENT GROUP, INC.
160 SUMMIT AVE.
MONTVALE, NJ 07645 55-216 54
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212
2/2 1995
PAY
TO THE
ORDER OF PC QUOTE $4,000.xx
Four Thousand dollars and 00--------------------------------- DOLLARS
UNITED
JERSEY BANK
80 Chestnut Ridge Road, Montvale, NJ 07645
F0R ______________________________ _________Mark Shift___________MP
"001066 021202162 154 " 13173" 3"
Amendment to PC Quote Standard License Agreement
Dated January 31, 1995 By and Between
PC Quote, Inc. and All-Tech Investment Group, Inc.
This amendment will supersede the Schedule of Services and Fees as set forth in
the above captioned agreement and shall apply to all All-Tech offices as a group
as set out below.
Site Licenses:
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At Montvale, NJ $1,200 per month to include two(2) NT dual Pentium servers
At New York, NY $700 No machinery
At Minneapolis, MN $700 No machinery
Additional Sites $700 No machinery
$ 450.00 per month per server for all additional servers
required beyond those specified at all sites.
Workstation Charges:
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All sites will be combined for purposes of determining applicable
workstation charges.
First fifty (50) w/s $100.00 per month per terminal
All w/s above 50 $ 75.00 per month per terminal
New Services (per feed) $ 25.00 per month per terminal*
Charting $ 25.00 per month per terminal
*Does not include news provider fees.
Installation, Exchange Fees and One-Time Charges.
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All of the original terms and conditions shall apply.
IN WITNESS WHEREOF, the parties hereto hereby execute this Amendment.
AGREED TO: AGREED TO:
PC QUOTE, INC. ALL-TECH INVESTMENT GROUP, INC.
Mark Shefts
BY:--------------------- By:--------------------------
Mark Shefts
NAME: ------------------ Name: -----------------------
Exec VP
Title ------------------ Title: -----------------------
2-23-96
Date: ------------------ Date: -----------------------