Telephone Services Agreement - InterOffice/Bethesda and Efox.net Inc.
TELEPHONE SERVICES AGREEMENT
BETWEEN REGISTRANT
AND INTEROFFICE/BETHESDA
<PAGE> 2
InterOffice/Bethesda
3 Bethesda Metro Center
Suite 700
Bethesda, MD 20814
OfficeAccess 1
THIS AGREEMENT is made and entered into January 1, 1999 by and between
InterOffice/Bethesda (InterOffice) and Efox.net, Inc. (Client)
TERM: The commencement date shall be January 1, 1999 and shall terminate upon
receipt of thirty (30) written notice from either party effective from the
first day of any month.
SERVICES RENDERED: Under this Agreement, InterOffice will transfer calls and
take a reasonable number of messages and telephone calls for Client, between
the hours of 8:45 a.m. and 5:30 p.m. ("normal working hours"), Monday through
Friday excluding any company holidays. Client will have the use of one voice
mailbox. Mail will be received and sorted and Client has the option of having
InterOffice forward mail once a week for a fee plus postage and supply costs,
plus twenty percent (20%). Client is entitled to three (3) hours per month use
of an office (if available), workstation or conference room during "normal
business hours". Client has access to all business support services which will
be billed on a monthly basis. Client's name will be placed in the lobby
directory for a one-time fee of $25.20.
Client recognizes that InterOffice or InterOffice's agent has expended
considerable time, effort and expense in hiring and training its employees, and
that the hiring of an employee by Client would save considerable time and
expense in training and procurement and would cause InterOffice or
InterOffice's agent to expend additional time and expense. Therefore, during
the term and for six (6) months after its expiration, if Client hires an
employee of InterOffice or Interoffice's agent who was an employee at any
InterOffice Center during any portion of the term or for six (6) months after
its expiration, Client agrees to pay InterOffice a procurement fee of
$10,000.00.
COMPENSATION: Client agrees to remit to InterOffice a fee of $175.00 per month
for the above mentioned services, due and payable on the first day of the
month. Failure to provide payment by the 7th business day will result in a 5%
late payment penalty on the outstanding balance and discontinuation of service.
Client shall indemnify and hold harmless InterOffice from and against any loss,
damage or liability occasioned by or resulting from any default hereunder or
any willful or negligent act on the part of the Client, its agents, employees,
or invitees, or persons permitted on the Premises by Client. InterOffice shall
save Client harmless from and against any loss, damage or liability occasioned
by or resulting from the willful acts or gross negligence of InterOffice, its
employees or agents. Client expressly agrees to waive, and agrees not to make
any claim for damages, direct or consequential, arising out of any failure to
furnish any service or facility, any error or omission with respect thereto, or
any delay or interruption of the same, assuming such service or facility is not
unreasonably withheld.
ENTIRE AGREEMENT: The above provisions represent the entire Agreement between
both parties. It is agreed that any changes or alterations to the Agreement
will be made in writing to the other party.
Date: 1/6/99 By: /s/ Joseph R. Preston Date: By: [SIG]
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Efox.net, Inc. InterOffice/Bethesda