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GPS » Topics » 3.11 Equipment

This excerpt taken from the GPS 10-Q filed Jun 9, 2009.

3.11 Equipment

Supplier shall provide the Services using, or through access to, the Equipment that is either (1) Supplier Equipment, or (2) Gap Equipment. The Parties financial responsibilities with respect to Equipment (including any updates or refresh of such Equipment) are set forth in Exhibit C.7 (Financial Responsibility Matrix). Gap shall be responsible for the risk of loss of, and damage to, Gap Equipment (unless such Gap Equipment is in Supplier’s custody). Supplier shall be responsible for the risk of loss of, and damage to, Supplier Equipment unless such Supplier Equipment is located in a Gap Store or in a Gap location at which there are no Supplier Personnel assigned full time and the loss or damage is not caused by Supplier.

"3.11 Equipment" elsewhere:

Best Buy (BBY)
Finish Line (FINL)
CHILDRENS PLACE RETAIL STORES INC (PLCE)
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