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BK:00026 PG - 0498 <br />Vaulted Vending <br />Memorandum Of Understanding for the placement of duck feeders with <br />Lee County Parks and Recreation <br />1. All equipment, including duck feeder machines, will remain the <br />property of Vaulted Vending. <br />2. In consideration of Vaulted Vending paying no commission we agree to <br />maintain .25 cent pricing for a minimum of three years. <br />3. Vaulted Vending agrees to place equipment at no cost in locations <br />designated by Lee County. <br />4. Vaulted Vending agrees to maintain and fill equipment at no cost. <br />5. Vaulted Vending agrees to remove equipment if requested by Lee <br />County. <br />6. Lee County Parks and Recreation agrees to not remove equipment <br />without first notifying Vaulted Vending. <br />7. Vaulted Vending is responsible for all vandalism to units. <br />8. This MOU shall be governed by and construed in accordance with the <br />laws of the State of North Carolina. In the event that a dispute arises <br />with respect to any of the provisions herein, it shall be resolved in a <br />court of competent jurisdiction in the State of North Carolina. <br />Todd Howard, President <br />Vaulted Vending <br />Date � S <br />Charles T. Parks, Chairman <br />Lee County Board of Commissioners <br />P.O. Box 4279 Sevierville TN 37864. 1356 Jay Rd Sevierville TN 37862. 865 'raanowaraiLegmau.uom <br />