TiVo 2004 Annual Report Download - page 132
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Please find page 132 of the 2004 TiVo annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
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1.3 Section 2.b of the Vendor Program Agreement attached to the Vendor Agreement is deleted and replaced in its entirety with the following:
"Payment terms for the Products will be net 45 days from receipt of goods."
1.4 Section 2.d of the Vendor Program Agreement attached to the Vendor Agreement is deleted and replaced in its entirety with the following:
"Excluding [*] and [*] all [*] and [*] offered to Dealer with respect to the Products [*] or [*] by [*] to [*] customers. [*] customers exclude OEM, CE
customers, Vendor licensees, cable operators, satellite operators and other [*] entities and their customers."
2. CHANGES TO DVR PRODUCTS.
2.1 Additions. TiVo agrees that, as of the Fifth Amendment Effective Date, [*] are subject to the Section 1.3 of the Vendor Program Agreement
attached to the Vendor Agreement.
2.2 Removals. Best Buy agrees that, as of the Fifth Amendment Effective Date, the [*] is no longer subject to Section 1.3 of the Vendor Program
Agreement attached to the Vendor Agreement.
3. TERM. Section 16.1 of the Vendor Agreement is hereby amended by replacing "February 28, 2005" with "February 28, 2006".
4. ASSIGNMENT. Section 19.1 of the Vendor Agreement is hereby deleted in its entirety and replaced with the following:
"19.1 Assignment. This Agreement may not be assigned by either party without first obtaining the other party' s express written consent, which consent
will not be unreasonably withheld; provided, however that:
(a) Dealer may assign this Agreement, without obtaining Vendor's express written consent, to (i) a successor corporation resulting from a merger,
consolidation, or non-bankruptcy consolidation or to a purchaser of all or substantially all of Dealer's assets or a majority, or controlling interest in
Dealer's voting stock, provided that the purchaser's net worth at the time of purchase is equal to or greater than that of Dealer,
[*] Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment
has been requested with respect to the omitted portions.
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