- 8 - D. Performance Under the 1987 Agreement 1. Establishing Affinity Credit Card Accounts PB&T processed applications, established and loaded accounts on its computer system, produced credit cards, accepted and posted transactions, generated statements, and processed payments. Petitioner did none of this work. 2. Endorsements, Solicitations, and Promotions PB&T drafted and sent letters to promote the affinity credit cards to petitioner's members in March or April 1988. In April 1989, PB&T drafted and sent letters endorsing the affinity credit card to parents of MSU students. That letter stated that petitioner offered the credit cards in cooperation with PB&T and urged parents to apply for cards for their students. Each letter was printed on petitioner's letterhead and had a facsimile of Grafton's signature. PB&T developed solicitation materials during the years in issue. Grafton reviewed these materials for accuracy, quality, style, and consistency with petitioner's position. It took him 3 to 5 minutes to review an endorsement letter prepared by PB&T. He did not make changes to those letters. At petitioner's suggestion, PB&T mailed promotional material to MSU's faculty and staff. On June 2, 1988, petitioner billed PB&T $226.28 for 4,000 envelopes, $78.12 for 4,000 sheets of stationery, and $93.72 for 3,124 address labels for faculty and staff of MSU that petitioner provided to PB&T for this mailing.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011