This Contract, for the acquisition of SMART Technology Products is entered into by and between SMART Technologies Corp, located at Washington Sales Office, 1655 North Fort Myer Drive, Suite 1120, Arlington, VA 22209, USA and the Oklahoma State Regents for Higher Education located at 655 Research Parkway, Suite 200, Oklahoma City, OK 73104 ("OSRHE").

Contract and Term

This Contract sets forth the terms and conditions under which SMART Technologies Corp will sell to Customer SMART Technology Products as listed on Exhibit A, attached hereto. Terms used in this Contract shall have the meanings set forth below in Section 2, Definitions. This Contract is available for use by all Customers.

The term of this Contract shall be one (1) year commencing on the date of approval by both parties with four (4) one-year renewal options with written approval of the parties. Upon termination of this Contract, all rights and obligations set forth herein shall survive in accordance with their terms as to procurements made by Customers prior to such termination.