Allocate 16.7% of the digital sign’s “reel time” for the use of Lil Billboards and other entities that
Lil Billboards may have financial or emotional interest in. If for any reason the time allocated for
“personal use” or “paid advertising”
is not used then that time will be allocated for this use.
Consistently update prices to reflect optimum price point.
Drive traffic to digital signs thereby helping to insure the highest equilibrium price and revenuefor participating location.8.
Place a 1
Filter on inappropriate ads as agreed to by the participating location*.9.
Forward all proposed ads after 1
filter is applied to participating location for acceptance orrefusal.10.
Service or replace digital sign in case of breakage that is determined to not be at the abuse ornegligence of the participating location.11.
Pay revenue forward to participating location in the following prescribed way.a.
The designated tipping point costs will be collected by LiL Billboards entirely until theyhave been met in full. For instance if the location registers for three signs with thetipping point cost of $200 each LiL Billboards will retain 100% of the first $600 of services rendered. (This is money that comes from advertisers, not participatinglocations! We do this to keep Tipping Point Costs low and thereby increase yourlikelihood of receiving your signs)b.
After the machine has been successfully installed and we have collected the tippingpoint costs we will
pay 40% of all revenue generated on location’s Lil Billboards to
participating location within the first 14 days of the month following the month that theservice was rendered. (This is after the ad has played, not when it was initiallypurchased).c.
We will increase the 40% of revenue shared with participating location to a 50%revenue share upon the condition that the registered participating location refers 2other participating locations to us who register for and successfully receive LiL Billboardsin their location. (See the Refer a Friend portion of the website for importantinstructions on how to qualify to receive this increased revenue share.)i.
Revenue is considered all monies received from purchasing
on theparticipating locations signs minus paypal or other transactional fees.12.
Give charitable donations as specified in part a and b in the form of 10% of the money thatcomes from the tipping point value for successfully installed Lil Billboards.a.
Reserve 10% of the tipping point value revenue generated from selling time on
participation location’s digital signs during the pre
-order phase before April 26
2012 forThe USU Huntsman Scholar Build a School in India Fundraiser. This is in connection with
the Charitable Organization “Effect International”.
Reserve 10% of revenue generated from selling time on participating location’s digital
signs prior to the tipping point being reached after April 26
2012 for a scholarship fundwith the college* specified by the participating location. This scholarship will be givento students for the 2013 spring and/or fall school semesters.