Lorillard
Coupon Clearinghouse Agreement
Fields
- Author
- Vesely, E.J.
- Type
- CONT, CONTRACT/AGREEMENT
- FORM, FORM
- Area
- LOEWS INTERNAL AUDITS (LIA)/BASEMENT GMP
- Site
- G131
- Named Organization
- Donnelley Marketing
- Reuben H Donnelley
- Request
- R1-002
- Date Loaded
- 14 Mar 2002
- Master ID
- 89723164/3281
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- Author (Organization)
- Donnelley Marketing
- Litigation
- Feda/Produced
- Characteristic
- BLAN, BLANK
- EXTR, EXTRA
- MARG, MARGINALIA
- EXTR, EXTRA
- UCSF Legacy ID
- pfx43c00
Document Images
DATE:
-3-
15. It is requested that the clearing house submit a balance sheet or a similar
financial statement to Donnelley at their request for the purpose of confirming
that the clearing house's financial resources are adequate and secure. -
16. This agreement will terminate immediately upon occurrence of any of the following:
. sale or other disposition of the Clearinghouse business or assets of the Clearing-
house; change in ownership or control of the Clearinghouse; voluntary or involuntary
bankruptcy of the Clearinghouse; filing by the Clearinghouse for reorganization
under the Bankruptcy Laws; or any assignment by the Clearinghouse for the benefit
of creditors. The Clearinghouse will advise Donnelley immediately of the occurrence
of any such event.
17. The Clearinghouse shall perform all coupon accounting and make all payments based on
such accounting from its established place of business, and shall not at any time
pick up and pay for coupons at retail stores.
18. This agreement may not be assigned or transferred by either party without the prior
written permission of the other party.
19. This agreement may be terminated by either party without cause on thirty (30)days prior written
notice to the other party.
20. As used herein, the words "coupon" or "coupons" refer only to store coupons issued
and payable by their terms.
21. The Clearinghouse shall identify the retai9ers for whom it is submitting coupons,
their respective quantities, and value so that proper payment can be made.
ACCEPTED FOR: ACCEPTED FOR: DONNELLEY MARKETING
BY: BY:
Name
Title
Edwin J. Vesely
Director-Cou on Redem tion Services
Title
Date
Date

- 2 -
DATE:
7. For each retailer redemption request submitted to Donnelley, the Clearinghouse must
have on file on its premises, and available for Donnelley inspection, agreements with
each said retailer authorizing the Clearinghouse to act as its coupon redemption agent.
The written authorization from the retailer client must contain the signature of the
retailer, date of authorization, and the retailer's address location. The authorization
must also include the following clause in all retailer agreements (or will be included
within 90 days of this agreement): , ,
"By Execution of this agreement, the retailer does appoint and
constitute the Clearinghouse as its agent to receive all said
payments due from manufacturers-upon redemption of said
coupons, and does release.and discharge the paying manufac-
turer and/or the manufacturer's agent from any and all liabil-
ity by reason of making said payments to the clearing house."
8. The Clearinghouse's redemption methods shall not at any time in Donnelley's sole
judgment, in any way make possible, condone or encourage improper coupon acquisition,
handling and/or redemption. Donnelley, on behalf of the manufacturer, reserves the
right to refuse payment for any coupon or coupons where it has reason to believe that
there has been improper redemption by the redeeming retailer or the Clearinghouse, or
that coupons have been received, handled and/or redeemed other than strictly in
accordance with the terms stated on the coupon and as covered herein.
9. The Clearinghouse accepts reasonable responsibility for policing improper redemption
requests from its retailer clients. This responsibility includes reviewing coupons
submitted by the retailer to the Clearinghouse to insure that these coupons do not
include any that are gang cut, mint condition, fraudulently printed or not other-
wise properly redeemed in accordance with the manufacturer's terms of the coupon
offer.
10. The Clearinghouse will use its best efforts to expedite the forwarding of coupons
redeemed from its retailer clients to Donnelley.
11. Coupons mailed or shipped to Donnelley are to be addressed to the P.O. Box shown on
the coupon, Elm City, N.C. 27898, SEPARATED BY RETAILER AND HANDLED IN SUCH A WAY
THAT THE COUPONS OF EACH RETAILER IN EACH SHIPMENT CAN BE SEPARATELY IDENTIFIED BY
RETAILER'S NAME AND COMPLETE ADDRESS QUANTITY OF COUPONS BY FACE VALUE, AND DOLLAR
VALUE.
12. The Clearinghouse will not seek reimbursement of insurance costs from Donnelley on
coupons mailed or shipped to Donnelley in excess of the minimum rate at which such
- insurance can be obtained from a reputable insurance carrier.
13. The Clearinghouse will keep confidential all statistical information relating to
the redemption of coupons by the Clearinghouse.
14. The Clearinghouse shall at all times keep in effect a comprehensive dishonesty, dis-
appearance, and destruction insurance policy with limits adequate in Donnelley's
opinion to insure proper accounting for all coupons or other items of value that
may be handled. Proof of such insurance is to be submitted to Donnelley at any
time upon request.

~ T UATE: ~ ~
~
COUPON CLEARINGHOUSE AGREEMENT ~
_,
Donnelley Marketing,,a diiora..of,,.The..Reuben H. Donnelley Corporation, with principal
offices at 1515 Summer Street, Stamford, CT.,-(hereinafter referred to as'"Donnelley") and,
ln
Clearinghouse Name City & State
a corporation/partnership/sole proprietorship (cross out inapplicable) with offices at:
Manager's Name Street Address City, State, Zip Code
Principal Office:
Other PPocessing Locations (List All):
(hereinafter referred to as "Clearinghouse") agrees as follows:
1. Donnelley recognizes the Clearinghouse as an agent of retailer establishments that sell
products to consumers. (However, recognition by Donnelley does not authorize the
Clearinghouse to be an agent of Donnelley.)
2. Donnelley will pay the Clearinghouse for each coupon properly redeemed, sent to, and
accepted by Donnelley an amount equal to the face value of each coupon, plus the then
current retailer handling fee as authorized by the manufacturer.
3. Donnelley assumes no liability for monies owed by the Clearinghouse to its retailer
clients for coupons submitted by the Clearinghouse to Donnelley.
4. Donnelley will make every effort to expedite the processing of coupons received and
payment to the Clearinghouse for all properly submitted coupons.
5. Donnelley reserves the right, on behalf of the manufacturer(s), at any time to refuse
to redeem any coupons or groups of coupons from the Clearinghouse, and to deal directly
with any retailer in the redemption of its coupons.
6. A Donnelley representative, on behalf of the manufacturers, upon being properly identi-
fied, may at any time visit the Clearinghouse to audit the handling of coupons, and to
confirm that the Clearinghouse has valid written agreements with each retailer client.
Under normal circumstances the visit will be arranged with the Clearinghouse in advance.
However, this does not preclude a visit for a good reason without advance notice.
89'72322'7
