The Two Dominant Political Parties of the United States of America Essay

The Two Dominant Political Parties of the United States of America - Essay Example All the variances in people figures have affected, modified and changed the political approaches and arena over time. The original thinking of great minds in the early civilization of America either no longer exists or has been aptly altered or transformed. In sum, the multi-faceted US landscape resulted in the growth and development of its politics being intertwined with the ethnic compositions of the social order. Despite these factors, it is very significant and interesting to observe that the American internal political influence is shared by only two dominant parties, the Republican and the Democratic, unlike in other free sovereignties where run-off elections are an ordinary scenario caused by multi-party rumbles not giving a majority vote for any party at first instance.. Of course, there are other groups (like the Libertarian, the Constitution and the Green parties) moved by different ideological or causal beliefs but these are seemingly petty pockets which do not require much attention. The Democratic Party is the oldest political party in the US. Historically, its founding dates back to as early as in 1790 after those who followed the great George Washington started to struggle for national prominence.4 Ironically, the first president himself did not belong to any political party and he was vocal about being against the establishment of one.5 While the Democratic Party of today is commonly perceived to be liberal, its roots were not exactly identified with that perception. The passing of time together with so much changing of the guards has introduced dilutions. In the early stages of its organization, the foremost pillars of the Democratic Party, while divided, were not totally against slavery and racial discrimination. But if we go back to the 1960's, Democrat Robert F. Kennedy was a moving proponent who vigorously supported the doctrines and actions of Martin Luther King albeit there were charges of inappropriateness on the part of the former anent eliciting pr ivate information from the latter. Be it also noted that the Reverend Jesse Jackson, a true disciple of Luther King and one shining embodiment of the civil rights movement, has been a long-time stalwart of the party. On the other side of the coin, we have the Republican Party which was founded resultant of in-house fighting among the original democrats of the post-George Washington era. Among its major crusades during infancy stage, slavery and racism were condemned. In contrast, however, perception of Republican icons say another thing. Thus, Republican Ronald Reagan was criticized so much for his alleged racist and discriminatory stance despite the fact that he made into law the observation of a national day honoring Martin Luther King and the fact that he appointed the first woman Supreme Court justice. Reagan,

Coffee Shop Essay Example for Free

Coffee Shop Essay In this RFP the following definitions shall apply: â€Å"City† means the City of Surrey; â€Å"City Representative† has the meaning set out in section 1. 8; â€Å"City Website† means www. surrey. ca; â€Å"Closing Time† has the meaning set out in section 1. 3; â€Å"Contract† means a formal written contract between the City and a Preferred Proponent to undertake the Services, the preferred form of which is attached as Schedule B; â€Å"Evaluation Team† means the team appointed by the City; â€Å"Information Meeting† has the meaning set out in section 1. 4; â€Å"Preferred Proponent(s)† means the Proponent(s) selected by the Evaluation Team to enter into negotiations for a Contract; â€Å"Proponent† means an entity that submits a Proposal; â€Å"Proposal† means a proposal submitted in response to this RFP; â€Å"RFP† means this Request for Proposals; â€Å"Services† has the meaning set out in Schedule A; â€Å"Site† means the place or places where the Services are to be performed; and â€Å"Statement of Departures† means Schedule C-1 to the form of Proposal attached as Schedule C. Instructions To Proponents 2 Closing Time and Address for Proposal Delivery. Proposals must be received by the office of the: Kam Grewal, BBA, CMA Acting Purchasing AP Manager Address:6645 – 148 Street Surrey, BC V3S 3C7 on or before the following date and time (the â€Å"Closing Time†): Time: 3:00 pm local time Date: Monday, July 5, 2010 Submissions by fax [or email] will not be accepted. There will be no extension to the Closing Time for the submission of proposals. 3 Information Meeting An information meeting may be hosted by the City Representative to discuss the City’s requirements under this RFP (the â€Å"Information Meeting†). While attendance is at the discretion of Proponents, Proponents who do not attend will be deemed to have attended the Information Meeting and to have received all of the information given at the Information Meeting. At the time of issuance of this RFP a meeting has not been scheduled. 4 Number of Copies Proponents should submit the original plus 5 hard copies (6 in total) of their Proposals. 5 Late Proposals Proposals received after the Closing Time will not be accepted or considered. Delays caused by any delivery, courier or mail service(s) will not be grounds for an extension of the Closing Time. 7 Amendments to Proposals Proposals may be revised by written amendment, delivered to the location set out above, at any time before the Closing Time but not after. An amendment must be signed by an authorized signatory of the Proponent in the same manner as provided by section 2. 3. Fax amendments are permitted, but such fax may show only the change to the proposal price(s) and in no event disclose the actual proposal price(s). A Proponent bears all risk that the City’s fax equipment functions properly so as to facilitate timely delivery of any fax amendment. 8 Inquiries All inquiries related to this RFP should be directed in writing to the person named below (the â€Å"City Representative†). Information obtained from any person or source other than the City Representative may not be relied upon. Kam Grewal, BBA, CMA Acting Purchasing AP Manager Address:City of Surrey – Purchasing 6645 – 148 Street Surrey, BC V3S 3C7 Phone: 604-590-7274 Fax:604-599-0956 Email:[emailprotected] ca Inquiries should be made no later than 7 days before Closing Time. The City reserves the right not to respond to inquiries made within 7 days of the Closing Time. Inquiries and responses will be recorded and may be distributed to all Proponents at the discretion of the City. Proponents finding discrepancies or omissions in the Contract or RFP, or having doubts as to the meaning or intent of any provision, should immediately notify the City Representative. If the City determines that an amendment is required to this RFP, the City Representative will issue an addendum in accordance with section 1. 9. No oral conversation will affect or modify the terms of this RFP or may be relied upon by any Proponent. 9 Addenda If the City determines that an amendment is required to this RFP, the City will post a written addendum on the City website at www. surrey. ca (the City Website) and upon posting will be deemed to form part of this RFP. Upon submitting a Proposal, Proponents will be deemed to have received notice of all addenda that are posted on the City Website. 10 Examination of Contract Documents and Site. Proponents will be deemed to have carefully examined the RFP, including all attached Schedules, the Contract and the Site (as applicable) prior to preparing and submitting a Proposal with respect to any and all facts which may influence a Proposal. 11 Opening of Proposals The City intends to open Proposals in private but reserves the right to open Proposals in public at its sole discretion. 12 Status Inquiries All inquiries related to the status of this RFP, including whether or not a Contract has been awarded, should be directed to the City Website and not to the City Representative. Proposal Submission FORM AND contents 2 Package Proposals should be in a sealed package, marked on the outside with the Proponents name, title of the Project and reference number. 3 Form of Proposal Proponents should complete the form of Proposal attached as Schedule C, including Schedules C-1 to C-4. Proponents are encouraged to respond to the items listed in Schedules C-1 to C-4 in the order listed. Proponents are encouraged to use the forms provided and attach additional pages as necessary. 4 Signature. The legal name of the person or firm submitting the Proposal should be inserted in Schedule C. The Proposal should be signed by a person authorized to sign on behalf of the Proponent. 1 If the Proponent is a corporation then the full name of the corporation should be included, together with the names of authorized signatories. The Proposal should be executed by all of the authorized signatories or by one or more of them provided that a copy of the corporate resolution authorizing those persons to execute the Proposal on behalf of the corporation is submitted. 2 If the Proponent is a partnership or joint venture then the name of the partnership or joint venture and the name of each partner or joint venturer should be included, and each partner or joint venturer should sign personally (or, if one or more person(s) have signing authority for the partnership or joint venture, the partnership or joint venture should provide evidence to the satisfaction of the City that the person(s) signing have signing authority for the partnership or joint venture). If a partner or joint venturer is a corporation then such corporation should sign as indicated in subsection (a) above. 3 If the Proponent is an individual, including a sole proprietorship, the name of the individual should be included. evaluation and Selection 2 Evaluation Team The evaluation of Proposals will be undertaken on behalf of the City by the Evaluation Team. The Evaluation Team may consult with others including City staff members, third party consultants and references, as the Evaluation Team may in its discretion decide is required. The Evaluation Team will give a written recommendation for the selection of a Preferred Proponent or Preferred Proponents to the City. 3 Evaluation Criteria The Evaluation Team will compare and evaluate all Proposals to determine the Proponents strength and ability to provide the Services in order to determine the Proposal which is most advantageous to the City, using the following criteria: 1 Experience, Reputation and Resources The Evaluation Team will consider the Proponents responses to items in C-2 of Schedule C including supplementary information. 3 Technical The Evaluation Team will consider the Proponents responses to items (i) to (vii) in C-3 of Schedule C. 5 Financial The Evaluation Team will consider the Proponents response to C-4 of Schedule C. (d)Statement of Departures The Evaluation Team will consider the Proponents response to C-1 of Schedule C. The Evaluation Team will not be limited to the criteria referred to above, and the Evaluation Team may consider other criteria that the team identifies as relevant during the evaluation process. The Evaluation Team may apply the evaluation criteria on a comparative basis, evaluating the Proposals by comparing one Proponents Proposal to another Proponents Proposal. All criteria considered will be applied evenly and fairly to all Proposals. 4 Discrepancies in Proponents Financial Proposal If there are any obvious discrepancies, errors or omissions in C-4 of a Proposal (Proponents Financial Proposal), then the City shall be entitled to make obvious corrections, but only if, and to the extent, the corrections are apparent from the Proposal as submitted, and in particular: (a)if there is a discrepancy between a unit price and the extended total, then the unit prices shall be deemed to be correct, and corresponding corrections will be made to the extended totals; (b)if a unit price has been given but the corresponding extended total has been omitted, then the extended total will be calculated from the unit price and the estimated quantity; (c)if an extended total has been given but the corresponding unit price has been omitted, then the unit price will be calculated from the extended total and the estimated quantity. 6 Litigation In addition to any other provision of this RFP, the City may, in its absolute discretion, reject a Proposal if the Proponent, or any officer or director of the Proponent submitting the Proposal, is or has been engaged directly or indirectly in a legal action against the City, its elected or appointed officers, representatives or employees in relation to any matter. In determining whether or not to reject a Proposal under this section, the City will consider whether the litigation is likely to affect the Proponent’s ability to work with the City, its consultants and representatives and whether the City’s experience with the Proponent indicates that there is a risk the City will incur increased staff and legal costs in the administration of the Contract if it is awarded to the Proponent. 8 Additional Information The Evaluation Team may, at its discretion, request clarifications or additional information from a Proponent with respect to any Proposal, and the Evaluation Team may make such requests only to selected Proponents. The Evaluation Team may consider such clarifications or additional information in evaluating a Proposal. 10 Interviews The Evaluation Team may, at its discretion, may invite some or all of the Proponents to appear before the Evaluation Team to provide clarifications of their Proposals. In such event, the Evaluation Team will be entitled to consider the answers received in evaluating Proposals. 12 Multiple Preferred Proponents and Changes to the Proponent Team The City reserves the right and discretion to divide up the Services, either by scope, geographic area, or other basis as the City may decide, and to select one or more Preferred Proponents to enter into discussions with the City for one or more Contracts to perform a portion or portions of the Services. If the City exercises its discretion to divide up the Services, the City will do so reasonably having regard for the RFP and the basis of Proposals. Likewise, the City reserves the right to ask for changes in the member/s comprising the Proponent Team as it deems beneficial to the overall composition of the Team and without any obligation to justify its preference. In addition to any other provision of this RFP, Proposals may be evaluated on the basis of advantages and disadvantages to the City that might result or be achieved from the City dividing up the Services and entering into one or more Contracts with one or more Proponents. NOT APPLICABLE 14 Negotiation of Contract and Award If the City selects a Preferred Proponent, then it may: (a)enter into a Contract with the Preferred Proponent; or (b)enter into discussions with the Preferred Proponent to clarify any outstanding issues and attempt to finalize the terms of the Contract, including financial terms. If discussions are successful, the City and the Preferred Proponent will finalize the Contract; or. (c)if at any time the City reasonably forms the opinion that a mutually acceptable agreement is not likely to be reached within a reasonable time, give the Preferred Proponent written notice to terminate discussions, in which event the City may then either open discussions with another Proponent or terminate this RFP and retain or obtain the Services in some other manner. General Conditions 2 No City Obligation. This RFP is not a tender and does not commit the City in any way to select a Preferred Proponent, or to proceed to negotiations for a Contract, or to award any Contract, and the City reserves the complete right to at any time reject all Proposals, and to terminate this RFP process. 4 Proponent’s Expenses Proponents are solely responsible for their own expenses in preparing, and submitting Proposals, and for any meetings, negotiations or discussions with the City or its representatives and consultants, relating to or arising from this RFP. The City and its representatives, agents, consultants and advisors will not be liable to any Proponent for any claims, whether for costs, expenses, losses or damages, or loss of anticipated profits, or for any other matter whatsoever, incurred by the Proponent in preparing and submitting a Proposal, or participating in negotiations for a Contract, or other activity related to or arising out of this RFP. 6 No Contract. By submitting a Proposal and participating in the process as outlined in this RFP, Proponents expressly agree that no contract of any kind is formed under, or arises from, this RFP, prior to the signing of a formal written Contract. 7 Conflict of Interest A Proponent shall disclose in its Proposal any actual or potential conflicts of interest and existing business relationships it may have with the City, its elected or appointed officials or employees. The City may rely on such disclosure. 8 Solicitation of Council Members and City Staff. Proponents and their agents will not contact any member of the City Council or City staff with respect to this RFP, other than the City Representative named in section 1. 8, at any time prior to the award of a contract or the termination of this RFP. 10 Confidentiality All submissions become the property of the City and will not be returned to the Proponent. All submissions will be held in confidence by the City unless otherwise required by law. Proponents should be aware the City is a â€Å"public body† defined by and subject to the Freedom of Information and Protection of Privacy Act of British Columbia. Schedule A SERVICES 1. GENERAL This RFP is inviting potential Proponents to submit Proposals to act as the tenant and sole vendor for a proposed coffee shop (the â€Å"Coffee Shop†) at the Surrey City Centre Library (the â€Å"Library†), currently being constructed at 10350 University Drive, Surrey, BC. The successful Proponent will be responsible for the managing and daily service of the Coffee Shop located on the ground floor of the Library. There will be an opportunity for the successful Proponent to provide catering for meetings and other similar functions, although it is not mandatory for the client to use the Coffee Shop for catering. 2. BACKGROUND As part of the Surrey City Centre plan review and update, the Surrey City Council has approved the construction of a new 5-level library. While the project is currently in the design phase, construction has commenced due to the fast track nature of the project. Currently excavation is complete on the basement and the ground floor slab and reinforcement is being set. It will be poured by Friday June 18, 2010. The Library is conveniently located near bus loops, transit and SkyTrain. The Library will eventually become part of a plaza where community celebrations will take place. Once completed it will be Surrey’s largest library at 75,000 square feet. The City’s new Library will be a unique state of the art environmentally friendly landmark that provides access to the broadest range of information, learning opportunities, and diverse cultural experiences. The new Library will be: The centrepiece for Surrey’s City Centre; adorned in architectural excellence for the 21st century, the library will contribute to the vitality of the city and put Surrey in a class with other great cities. A foundation for the City’s future success by boosting economic and cultural activity and attracting visitors from all parts of the country. A source of pride and a great public space, where the community gathers to celebrate, reflect, connect and share information, knowledge and culture. 3. PROJECT GOAL The goal of this project is to identify a coffee and related food services operator for the Library. 4. THE COFFEE SHOP An exciting opportunity exists on the ground floor to operate a commercial Coffee Shop. The Coffee Shop is located in a high traffic area, between the two main entrances, elevators and new book display. The licence awarded to the successful Proponent would also include a seating area where customers can sit. The consumption of food within the Library itself is allowed. There are several meeting rooms and a large room which can host community events, along with teen areas, study areas, children’s areas and much more. It is also expected that the Library will be utilised by SFU students on a constant basis. 5. LIBRARY HOURS Library opening hours are: Monday to Friday9:30am – 9:00pm Saturday10:00am – 5:00pm Sunday 1:00pm – 5:00pm 6.2009 PEDESTRIAN TRAFFIC The following figures represent the estimated visits at all the public library branches for 2009. |BRANCH |VISITORS | |Cloverdale | 163,605 | |Fleetwood | 262,717 | |Guildford | 582,361 | |Newton | 357,045 | |Ocean Park | 193,167 | |Port Kells | 7,410 | |Semiahmoo | 305,162 | |Strawberry Hill | 357,166 | |Whalley | 276,406 | It is estimated that traffic for the Library will mirror that of the Whalley branch, and is expected to increase due to the development taking place in the area. 7. EXPECTATIONS OF THE SUCCESSFUL PROPONENT. The City would require the successful Proponent to offer a variety of food and beverage choices that include healthy and nutritious options for all customers, many of whom are school-aged children. The Surrey Public Library Board has approved the policy (policy 3. 8 Healthy Food Options) that the Library provides a healthy food option for programs, special events and contests. No alcohol is to be allowed. There is to be no food smell generation if preparation is required and there is to be no electric grinding (e. g. coffee beans) on the Coffee Shop floor due to noise levels. All grinding can be done in the storage room, manually or prior to Library opening hours. Loading of stock for the Coffee Shop can be done via the west entrance of the ground floor or via the elevators from the underground parkade. Persons meeting in the conference rooms are permitted to cater from external companies although there is the opportunity for the successful Proponent to cater these functions if prior arrangements are made between the two parties. The opening date for the Coffee Shop is yet to be determined, however, it is expected to be up and running by early Summer of 2011. The Coffee Shop is expected to be operational during Library opening hours. Opening times for the Coffee Shop are to be from the Library’s opening time to half an hour prior to the Library’s closing. The successful Proponent would be able to enter the building half an hour prior to the Library’s opening time. The successful Proponent is to supply any equipment needed for the Coffee Shop to function including, but not limited to, coffee machines, refrigerator, signage, counter cooler case, etc. All business licences and food permits are the responsibility of the Proponent. 8. SUCCESSFUL PROPONENT’S WORK RESPONSIBILITIES a) Should there be any structural changes which have been reviewed and approved by the City prior to the execution of such changes, the tenant is to supply all tenant improvement plans signed and sealed by professional engineers or architects to be approved by the City. b) The tenant is to provide evidence of insurance for the City`s approval as specified in the License Agreement (refer to Schedule B – License Agreement). c) The tenant is expected to supply all equipment needed to sufficiently run the coffee shop including, but not limited to, coffee machines and espresso equipment, undercounter refrigerators, shelving in the storage room, display cooler case, paper towel dispenser, milk cooler, microwave, cash register and trash bins. 9. COLD DRINK BEVERAGES The City has an agreement with The Pepsi Bottling Group (Canada), Co. (â€Å"Pepsi†), for the exclusive supply of cold drink beverages for all City facilities, including the Library. Therefore, the successful Proponent is to work directly with Pepsi for the supply of cold drink beverages, including: †¢ Carbonated soft drinks †¢ Teas other than fresh brewed †¢ Juices. †¢ Juice-based products †¢ Lemonade †¢ Isotonics †¢ Sports drinks †¢ Energy drinks †¢ Bottled water Excluded Beverages: †¢ Milk †¢ Flavoured milk †¢ Cold coffee †¢ Branded or unbranded fresh brewed coffee or tea †¢ Hot chocolate †¢ Unbranded fresh squeezed juices †¢ Smoothies and milkshakes The agreement with Pepsi is to expire in 2011. 10. SNACK FOODS The City has an agreement with Ryan Company Ltd. (â€Å"Ryan Vending†), for the exclusive supply of a healthier snack foods program and vending services for all City facilities, including the Library. Therefore, the successful Proponent is to work directly with Ryan Vending for the supply of snack foods. 11. CITY’ RESPONSIBILITIES The City is to complete the Licence Area, as set out in Schedule B, in a good and workmanlike manner, at the City’s cost, using new materials and to the following extent: a) Interior wall taped and sanded drywall to code, painted white; b) Ceiling is to be painted concrete; c) The floor will be finished with a rubber covering; d) Counter tops on the horizontal front counter is to be a white laminate; e) The vertical section of the counters shall be an East Coast maple; f) The counter at the back of the shop floor containing the sink, and the backsplash, is to be white Corian; g) There will be an apple ply edging where the vertical edge of the counters meets the horizontal at the front counter; h) There is to be recessed lighting fixtures above the back counter, surface mounted fixture on painted concrete ceiling to light signage and menu and pendant fixtures at the front counter; i) All signage, including Menu board, must be approved by the City and the design team (Bing Thom Architects). The preferred signage for the Coffee Shop is electric flat screens, however, the design team is open to ideas regarding electronic signage from Proponents. This will have no impact on the evaluation of the Proponent’ Proposal; j) The City will provide the main sink and handwash sink located in the back counter; k) A 25mm domestic hot and cold water line with backflow preventor will be installed for refrigerator and coffee machine; and l) A 20mm domestic hot and cold water pipe and a 40mm sanitary drain will be installed for each of the two (2) sinks. term The Proponent will provide the Services set out in this Schedule A and A-1 for a term not to exceed five years (including renewal) commencing in the early Summer of 2011 (the Term). Schedule A-1 DIAGRAMS [pic] Proposed coffee shop layout plan [pic] Proposed coffee shop elevation view [pic] Proposed Coffee Shop Section [pic] Proposed Coffee Shop overall plan [pic] Proposed Coffee Shop seating area Schedule B CONTRACT (DRAFT) [pic] LICENSE AGREEMENT Title:SURREY CITY CENTRE LIBRARY COFFEE SHOP Reference No. :1220-30-22-10 THIS LICENSE AGREEMENT dated this ____________ day of __________ 2010. BETWEEN: CITY OF SURREY 14245 – 56 Avenue Surrey, B. C. V3X 3A2 (the Licensor) OF THE FIRST PART AND:   (the Licensee). OF THE SECOND PART WHEREAS: A. The Licensor is the owner of those lands and premises located at 10350 University Blvd within the City of Surrey, Province of British Columbia, and more particularly known and described as: Parcel Identifier: 028-179-951 Parcel 1 Section 27 Block 5 N Range 2 West New Westminster District Plan BCP44240 (the Lands) on which is located theCity Centre Library. B. The Licensee wishes to obtain from the Licensor a licence to use those portions of the building located on the Lands as follows: 1. Area A Concession and Storage Room (Licence Area A) which area is approximately 141. 9 sq. ft. and shown on the plan attached hereto as Schedule A; and 2. Area B Seating Area (Licence Area B) as shown on the plan attached hereto as Schedule A (collectively the Licence Area) C. The Licensee intends to use the Licence Area for the retail sale of coffee, tea, and other products as outlined in this Licence. D. Licence Area A shall be for the exclusive use of the Licensee, and Licence Area B shall be for the non-exclusive use of the Licensee. NOW THEREFORE in consideration of the sum of ONE DOLLAR paid by each of the parties to each other and other good and valuable consideration (the receipt and sufficiency of which each party hereby acknowledges) the parties hereby covenant and agree as follows: 1. In this License the parties agree that: (a)Additional Rental means the moneys payable hereunder, together with all other sums of money, whether or not designated as Additional Rental, to be paid by the Licensee whether to the Licensor or otherwise under this License save and except Minimum Rental and Percentage Rental; (b)Commencement Date of Term means ______________, 2011; (c)Gross Revenue means the entire amount of the sales price, whether wholesale or retail, for cash, credit, or otherwise of all sales of merchandise and services, and all other receipts and receivables whatsoever of all business conducted at, in, upon, or from the Licence Area, including, without limiting the generality of the foregoing, receipts and receivables in respect of any sale effected by the Licensee using any computer, electronic, telephone, internet, or like system, where the Product is sent via the Licence. Area or by the Licensee directly to a consumer, orders taken at or received at the Licence Area, although such orders may be filled elsewhere by the Licensee, deposits not refunded to customers, the selling price of gift certificates, charges to customers in the nature of interest or carrying or financing charges, sums, and credits received, and settlement of claims for loss of or damage to goods. No deductions shall be allowed for uncollected or uncollectible credit accounts. There shall not be included in Gross Revenue: (i)any sums shown separately from the price and collected and paid out for any direct retail sales tax imposed by any duly constituted governmental authority; (ii)the exchange of goods and merchandise between the stores of the Licensee, if any, where such exchange of goods or merchandise is made solely for the convenient operation of the business of the Licensee and not for the purpose of consummating a sale which has previously been made or agreed to be made at, in, from, or upon the Licence Area or for the purpose of depriving the Licensor of the benefit of a sale which otherwise would be made at, in, from, or upon the Licence Area; (iii)the Licensee’s original cost of returns to suppliers or to manufacturers; (iv)the amount of merchandise sold when such merchandise is thereafter returned by the purchaser and accepted by the Licensee, and a complete credit is given to the purchaser; and (v)the selling price of gift or merchandise certificates or coupons sold other than from the Licence Area, provided that such gift or merchandise certificates or coupons shall be included in the calculation of Gross Revenue at the time of their redemption. (vi)Each sale upon an installment or credit basis shall be treated as a sale for the full price in the month in which that sale is made regardless of the time when the Licensee receives payment, whether full or partial, from its customer; (d)Lands means as hereinbefore defined in recital A; (e)Licence Year means a 12-month period commencing with the first day of January in one calendar year and ending on the last day of December of that year, providing that the first Licence Year shall commence on the Commencement Date of Term and end on the last day of December next following and the last Licence Year shall end on the last day of the Term and commence on the first day of January preceding that date; (f)Licence Area means Licence Area A and Licence Area B; (g)Licence Area A means those portions of the building located on the Lands shown highlighted in pink and marked as Area A. Concession and Area A Storage room, which area is approximately 141. 9 sq. ft. ; (h)Licence Area B means those portions of the building located on the Lands shown highlighted in yellow and marked as Area B. Seating Area; (i)Minimum Rental means the minimum annual rental reserved hereunder payable by the Licensee; (j)Product means coffee, tea, soft drinks, juices, pastries, sandwiches and related items as specified in the menu attached as Schedule C which menu may be amended from time to time with the agreement of the Licensor and the Licensee; (k)Percentage Rental means the percentage rental reserved hereunder and payable by the Licensee; (l)Real Property Taxes means all taxes, rates and assessments, whether general or specially levied or assessed for municipal, school, general or any other purposes by any lawful government authority payable by the Landlord in respect of the Demised Premises and shall include any other taxes payable by the Landlord which in the future are levied in lieu of or in addition to such taxes, rates and assessments the whole as finally determined for each calendar year as a result of assessment, appeal or judicial review, and shall include any legal fees, or appraisers fees incurred by the Landlord in respect of such final determination. (m)Rental means Additional Rental, Percentage Rental, if any, and Minimum Rental; and (n)Term means _______ (__) years commencing on the Commencement Date of the Term and ending on the _____ day of ________, 20__. 2. The Licensor hereby grants to the Licensee a licence to occupy and use Licence Area A on an exclusive basis and Licence Area B on a non-exclusive basis commencing on the Commencement Date of Term for Term unless sooner terminated as hereinafter provided. 3. To use Licence Area for the retail sale of the Products and to use Licence Area B to provide a seating area for the benefit of visitors to and staff of the City Centre Library and for no other purpose during the Term. 4. The Licensor covenants and agrees to pay to the Licensor, in lawful money of Canada, on the days and at the times hereinafter specified, Rental which shall include the aggregate of the sums required to be paid: (a)Minimum Rental and Percentage Rental: The Tenant shall pay the greater of: (i)Minimum Rental of $________ per month commencing on the Commencement Date of Term and the 1st day of each and every month thereafter throughout the Term; or (ii)the Percentage Rental which shall be ___% of Gross Revenue per Licence Year; (b). Additional Rental Any sums, costs, expenses or other amounts from time to time due and payable by the Tenant to the Landlord or to any third persons under the provisions of this Licence, including, without limitation, all amounts payable under Section 4. 3 and Article 5 and all amounts payable by the Tenant by way of indemnity, whether expressed in this Licence to be Basic Rent or Additional Rent or not shall be treated and deemed to be Rent and the Lan.

Essay on Blame in Shakespeares King Lear -- King Lear essays

King Lear is To Blame In William Shakespeare's play, "King Lear", the main character, King Lear, claims to be "a man more sinned against than sinning"(3.2.60-61). Though a good king, King Lear's own actions cause his family and kingdom to fall apart. The sins committed against King Lear are a result of his personal faults of rashness, blindness, and foolishness. King Lear's hot temper and hasty decisions play a significant role in his fall from grace. His old age has caused him to behave impulsively, without any consideration for the consequences of his actions. When Lear asks his devoted daughter Cordelia to express her love for him, he becomes upset with her because she cannot put her feelings into words. He does not realize that she cares deeply for him and disowns her by saying, "Here I disclaim all my paternal care, propinquity and property of blood, and as a stranger to my heart and me hold thee from this for ever (1.1.120-123)." It is only later, when Cordelia has left him, that Lear realizes he had made a wrong decision. In another fit of rage, Lear ...

American Home Product Essay

1. How much business risk does American Home Product face? How much financial risk would American Home Product face at each of the proposed levels of debt shown in case Exhibit 3? (Hint: Calculate impact on net income of 10% reduction in EBIT). How much potential value, if any, can AHP create for its shareholders at each of the proposed levels of debt? 2.Construct a simple EBIT-EPS Analysis chart for AHP for each of the proposed levels of debt shown in case Exhibit 3. Give your analysis based upon this chart. 3.What capital structure would you recommend as appropriate for AHP? What are the advantages of leveraging this company? The Disadvantages? How would leveraging up affect the company taxes? How would the capital markets react to a decision by the company to increase the use of debt in its capital structure? 4.How might AHP implement a more aggressive capital structure policy? What are the alternative methods for leveraging up? (Short answer will be OK, no calculation). 5.In view of AHP’s unique corporate culture, what arguments would you advance to persuade Mr. Laporte or his successor to adopt your recommendation? Note: Make sure that you do understand how to find the numbers on Exhibit 3 and Exhibit 4, number 8. Answer: 1.Business risk: Stable annual growth (10~15%) and profit margin (11~12%). Overall low-risk investments; ‘proven’ formulas instead of R&D. AAA Bond Rating. (EBIT 1981 / EBIT 1980) / % increase in sales (EBIT 1981 / (Net Income 1980 / (1 – Tax Rate))) / % increase in sales (EBIT 1981 / (Net Income 1980 / (1 – 48%))) / % increase in sales (954,8 / (445,9 / 52%)) / (4.131,2 / 3.798,5) = 1,02. (954,8 / 857,5) / 108,8% = 1,02. Financial risk: DFL = % change EPS / % change EBIT = (1 + ((3,18 – 2,84) / 2,84)) / (1 + ((954,8 – 857,5) / 857,5)) = 1,120 / 1,113 = 1,006. Higher DFL means higher EPS variability. 0%   1,006 30% 1,090 50%   1,116 70%   1,143 Debt to Capital = total debt / net worth. Higher DtC ratio means higher risk. 0% ïÆ'  0,009 30% 0,429 50% 1,000 70% 2,333 Potential value: EPS goes up as % of debt goes up ($3.18 – $3.49). 0% $3.18 30% $3.33 50% $3.41 70% $3.49 Dividends rise. 0% $1.90 30% $2.00 50% $2.04 70% $2.10 2.EBIT-EPS Analysis Chart Although leveraging decrease the company’s EBIT, it gives more value per share to its shareholders. 3.Recommended capital structure: Most appropriate capital structure for American Home Products is 30% debt to total capital. Several reasons will explain the reason why this structure gives advantage to AHP. The first, as using 30% debt ratio, the company  would be able to be recapitalized; hence, common shares outstanding of 19.8 million can be repurchased. The second, AHP would have advantage to save taxes of 37.8 million dollars and its shareholders benefit by getting more values. Exhibit 2 shows that Warner Lambert company’s debt ratio is approximately 32% and its bond rating is AAA or AA. It means that if AHP uses 30% debt and 70% equity, its bond rating will be same as Warner Lambert; consequently, bond interest to pay will not increase much due to bond rating. Addition to these reasons, AHP would face less risk to compare heavier capital structures. The advantages of leveraging this company: a.Higher value for shareholders. b.Reduction in tax through interest. c.Access to additional capital. The disadvantages of leveraging this company: a.Higher risk to shareholders. b.Lower net income. Leveraging effect: As debt increases, tax decreases. Market reaction: Market will expect higher return and stock price will rise. 4.AHP should use heavier capital structure which means increasing to use more debt instead of relying wholly on shareholders’ capital, which has its limitation as far as the shareholders’ wealth. So, by using debt to finance AHP’s growth (leveraging up), AHP’s capital structure might be more effective and aggressive. Leveraging up may enable AHP in innovating new products, using better technology, and motivating labor. While during Mr. Laporte’s era, the company can only conduct the â€Å"me too† strategy, relying heavily on its marketing prowess. 5.Mr. Laporte stated that his company works in order to increase  shareholders’ wealth. However, using 30% debt to capital would give possibility to save 37.8 million dollars from taxes; thus, its shareholders would benefit from getting higher dividends per share. Also, if the company uses more debt to its operations, it will be possible to repurchase common stocks of 19.8 millions of shares from market, increasing its EPS, thus affecting in rise in stock price.

Group Design and Expansive Commitment and Determination Free Essay Example, 1500 words

Great work needs to be done and expansive commitment and determination demonstrated for a group to move through the initial, working and into the final stages. Groups reach termination stage after going through complex experiences some of which threaten to destroy the given groups. This is not to mean that groups do not experience or should expect challenges at the termination stage. Actually, termination stage does not mean that the group needs to end indefinitely. Just like other stages, termination stage requires compliance and conformity to certain procedures and steps. Ignoring the steps may cause unexpected conflicts in the group, which may threaten to overturn the successes and achievements made since the beginning of the group (Corey, Corey Corey, 2010). In fact, end-stage of deserves the greatest attention and care that even the previous stages of the group process. This observation relates to the likelihood of group members to develop emotions, sad feelings of separation and dissatisfaction with group s achievement and desire to continue. It is then important to have an elaborate and clear plan known to the members about the intentions to end the group work. The first thing in the plan to end the Grief Recovery Group will be to remind and inform the members about the intention. We will write a custom essay sample on Group Design and Expansive Commitment and Determination or any topic specifically for you Only $17.96 $11.86/page

Mary Shelley s Frankenstein - Original Writing - 1146 Words

â€Å"I was dependent on none and related to none. The path of my departure was free, and there was none to lament my annihilation†¦ What did this mean? Who was I? What was I? Whence did I come? What was my destination? These questions continually recurred, but I was unable to solve them (Mary Shelley’s Frankenstein).† Mary Shelley’s book, Frankenstein, parallels her own experiences. Shelley’s mother died in childbirth, and she was left â€Å"dependent on none and related to none.† Her father, William Godwin, abandoned his daughter emotionally when he remarried a woman who treated Mary poorly. Shelley often searched for an understanding of who she was. She did not have a mother to give her an education, so Mary taught herself by seeking answers to self searching questions. Shelley dealt with other deaths and losses of significant others in her life which left her feeling isolated, and, at times rejected. John Clare, author of the poem, I Am, dealt with poverty as a child and isolation in his later years. Clare wrote I Am while abandoned in a mental asylum. In Clare’s poem, he searches for an escape from his isolation through â€Å"childlike sleep† or death. â€Å"The path of my departure was free, and there was none to lament my annihilation,† says the creature in Shelley’s book; similarly, Clare feels his path to death leaves him free, but without anyone to care about his departure. As Mary Shelley searched for human connections early on in life, John Clare searched for these connectionsShow MoreRelatedMary Shelley s Frankenstein - Original Writing1489 Words   |  6 Pagesrecurred, but I was unable to solve them (Mary Shelley’s Frankenstein).† Mary Shelley’s book, Frankenstein, parallels her own experiences. 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Shelley made sure that the readers knew that Frankenstein is to be seen as the modern Prometheus, and all things in her book connect Frankenstein to the Greek God that shaped Humanity. In this essay is stated that Frankenstein is indeed as Shelley meant, the modern Prometheus. Reasoning behind this is of how Frankenstein’sRead MoreFemale Gothic The Monsters Mother Essay1534 Words   |  7 Pa gesIn Ellen Moers’ critical essay Female Gothic: The Monster’s Mother (1974) on Mary Shelley’s novel Frankenstein, she argues that Mary Shelley’s story is greatly influenced by her experience of motherhood. This essay uses the historical approach, biographical, and formalist approach at point. Moers references the cultural context of the novel, Mary Shelley’s experience as a woman and mother and how that influenced her writing, and focuses on the genre of the novel quite a bit. Although Moers’ essayRead MoreShelley s Views Of The Dangers Of Knowledge1679 Words   |  7 Pagesdangers of knowledge contained in her novel Frankenstein â€Å"You seek for knowledge and wisdom, as I once did; and I ardently hope that the gratification of your wishes not be a serpent to sting you, as mine had been,† this fragment of Victor Frankenstein’s conversations with Robert Walton exemplifies Mary Shelley’s views of the dangers of knowledge, in her novel, â€Å"Frankenstein; or, The Modern Prometheus,† where main characters Robert Walton and Victor Frankenstein ruthlessly peruse knowledge. The themeRead MoreSublime In Frankenstein Essay1497 Words   |  6 PagesMost Gothic novels aim to show the sinister side of human nature. They depict the dark terrors which lie beneath the reader s mentality. The term Gothic suggests a genre which deals with frightening and mysterious settings by giving connotations of ghostly castles and supernatural events. The Sublime experience as stated by the critic Longinus is, à ¢Ã¢â€š ¬Ã‚ ¦a matter of treatment. The particular form of the sublime experience that require s prepossessing objects is not only the form; it is simply theRead MoreFrankenstein Vs. Mary Shelley s Frankenstein3235 Words   |  13 PagesFebruary 2015 Frankenstein vs. Mary Shelley Frankenstein is one of the most influential books in gothic literature. The author of this masterpiece is Mary Shelley; her complicated life influenced her to write Frankenstein. Most wonder why Mary Shelley chose to write Frankenstein and what influenced her. Mary Shelley’s early life was challenging and it had an impact on her writing. Her trip to Scotland changed her morals and love life inclined the events within her novel. World events within Mary Shelley’sRead More The Theme of Justice in Frankenstein Essay942 Words   |  4 PagesHow important is the theme of justice in Frankenstein. Refer closely to the creation scene and Justines trial scene. Justice is defined as justice is the administration of law; especially : the establishment or determination of rights according to the rules of law or equity which can be interpreted as adhering to laws of both a natural and civilised level. In Frankenstein many of the fundamental laws of both humanity and the world we live in are broken. Creation in he Christian faith isRead MoreEssay on Frankenstein - Societal Changes in Film2491 Words   |  10 PagesA Look at the Story of Frankenstein and the Societal Changes in Film Frankenstein’s monster, a misunderstood creation fabricated by Victor Frankenstein in Mary Shelley’s classic story, has been terrorizing readers and audiences alike for well over one hundred and fifty years. Since the story was first written in 1818, there have been numerous plays, and over one hundred films, each adaptation trying to portray its own vision of the original story. Mary Shelley came to create â€Å"the prototype

Social Responsibility and Managerial Ethics - 1527 Words

Introduction Corporate social responsibility(CSR) refers to the managers are not only create profit for shareholders, but also assume the responsibility for employees, consumers and other stakeholders.(Robbins, Bergman, Stagg Coulter 2008). Corporate social responsibility requires companies to exceed traditional goals of profit-worship and make contribution to public welfare in the working process. Companies spend more time and resources in managing social responsibility to coordinate the benefit between shareholders and other stakeholders. Corporate social responsibility can achieve the sustainable development of society and economic.(Robbins, Bergman, Stagg Coulter 2008). In this essay, firstly, I will introduce the corporate social†¦show more content†¦After 14 years, this project has increased more than US$400 million in 50 countries worldwide. Brazilian cosmetics manufacturer Natura developed sustainable development projects with farmers and small communities. It is socially responsible. Why? Through each of the programs, managers have protected and improve society’s welfare.(Robbins, Bergman, Stagg Coulter 2008). Nowadays, more and more companies are conscious of that in order to keep powerful in produce and compete in a constant changing market, they need to become socially responsible. In the last ten years, globalization make the earth as a country. The development of technology results in most companies lost the dominant position. In this globalization completive environment, companies want to improve their ability to get profits and avoid risks. How can they do it? Devoting expensive time and resources to managing their social responsibility. Because of globalization, skilled employees, stable consumers and investors become more and more important. CSR can connect the employees, consumers and investors in an mutual benefit.(Catalyst Consortium 2002). So, successful corporations ne ed society to ensure that they can get enough good workers, government policies, consumer markets and national resources. At the same time, a healthy society needs successful companies to protect and improve welfare.(Porter Kramer 2006).Show MoreRelatedEthical Issues Of The Managerial Accounting Profession1186 Words   |  5 Pagesand globally executed, and due to its complexity in today s business world it may generates sort of excesses that can negatively affect the business environment as well as the social life. Therefore, it becomes necessary to stress on the ethics and morals that should be prevalent in the business community. The term ethics in the business environment expresses the expected attitude of the individuals in organizations that carry out certain activities and services. Clearly, today’s business environmentRead MoreResistance As A Social Agent1587 Words   |  7 Pagesoccurring as a threat to them (Hultman, 1998). 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A.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Examine the difference between Financial and managerial accounting †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  FinancialRead MoreShould Companies Bear The Corporate Social Responsibility Of Employment Practices Among The Multinational Corporations?1299 Words   |  6 Pagescorporate social responsibility of employment practices among the multinational corporations? This essay will illustrate why the specific ethical issue is essential, analyse further ethical question, define current comprehension of ethical issues, analyse the act of ethical utilitarianism by forecasting three important positive and three important negative consequences, and should companies bear the corporate social responsibility or not. Firstly, the corporate social responsibility (CSR) has beenRead MoreBusiness Ethics and Social Responsibility Essay1471 Words   |  6 PagesEthics in the workplace help the organization to grow and prosper. 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