Umbrella Agreement between Island Pacific Systems Corporation and Toys 'R' Us, Inc.

Summary

Island Pacific Systems Corporation and Toys 'R' Us, Inc. have entered into an agreement outlining their mutual commitments related to software licensing, services, and modifications. Island Pacific will provide software products and agreed enhancements to Toys 'R' Us, following a specified schedule. The agreement references and incorporates terms from related license, services, and modification agreements. Both parties have signed to confirm their obligations and the timeline for delivering software enhancements.

EX-10.34 15 ex_10-34.txt EXHIBIT 10.34 * Confidential portions of this document have been redacted and have been separately filed with the Commission. UMBRELLA AGREEMENT BETWEEN ISLAND PACIFIC SYSTEMS CORPORATION AND TOYS `R' US, INC. The intent of this agreement is to set forth certain items that have been agreed to in connection with the "License Agreement for Software Products" including the Attachments A and exhibits thereto, the "Services Agreement", and the "Modification Agreement", each being executed by the parties on the date of this Agreement.. Island Pacific Systems Corporation is hereafter called "Island Pacific" and Toys "R" Us, Inc. is hereafter called "Customer". Island Pacific agrees to provide and Customer agrees to license the software products as define in the "License Agreement for Software Products", subject to the following conditions: SCHEDULE FOR ENHANCEMENTS: Island Pacific will use its best efforts to meet the following schedule for the initial enhancements (as described in Appendix A hereto) to the Software Products being licensed to Customer, as provided in the Modification Agreement: [ * ] IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date set forth below: Date:_____________________ TOYS "R" US, INC. BY: /s/ Bruno Roqueplo ----------------------------------------------------------- BRUNO ROQUEPLO, SENIOR VICE PRESIDENT OF FINANCE AND ADMINISTRATION (CFO) ISLAND PACIFIC SYSTEMS CORPORATION BY: /s/ Todd Hammett ----------------------------------------------------------- TODD HAMMETT, CHIEF FINANCIAL OFFICER APPENDIX A General Description of components that make up the Initial Enhancements (Phase 1, 2, Anytime) to the Island Pacific Software Products