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XXX has agreed to provide the Bank with a minimum of 200,000 names list of XXX alumni, athletics fans, employees, faculty members, and students of XXX. The list will be updated at least twice a year. The Bank has been approved to have the rights to use all marketing materials to market the credit card program. And XXX may not unreasonably be withheld the approval.
XXX will earn $1 royalty per new account at inception and on each anniversary, provided the card is renewed. XXX will also earn between .04 percent and .05 percent of net retail sales as royalties, which excludes refunds, financing charges, and cash advances...
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