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Technology Stocks : Immediatek Inc.

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May 1 4:00 PM EDT

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From: SI User	7/1/2014 2:07:25 PM
	of 43

30-Jun-2014 Entry into a Material Definitive Agreement Item 1.01 Entry into a Material Definitive Agreement. On June 24, 2014, Officeware Corporation, a wholly owned subsidiary of Immediatek, Inc. ("Officeware"), entered into a Software Reseller and License Agreement (the "Agreement") with Konica Minolta Business Solutions U.S.A. ("Konica Minolta"). Pursuant to the Agreement, Officeware will license its FilesAnywhere software solution to Konica Minolta and Konica Minolta's authorized dealers for resale to Konica Minolta customers. Officeware will also provide Konica Minolta with sales, maintenance, and secondary support services for the software. In addition to monthly support and maintenance fees, Konica Minolta will pay Officeware a license fee for each individual end user of the software in accordance with a set schedule contained in the Agreement. Accordingly, the total amount of revenue realized by Officeware under the Agreement will be dependent on the total number of end users of the software. The multi-year Agreement will automatically renew upon expiration of the initial term unless either party provides a termination notice to the other party at least 180 days prior to the end of the then-effective term. sec.gov

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