Reseller Agreement - Web YP inc. and RIGL Corp.
WORLD PAGES FIND ANYTHING. ANYONE. ANYWHERE. HTTP://WWW.WORLDPAGES.COM RIGL CORPORATION, RESELLER AGREEMENT Web YP, Inc., a Texas corporation, (World Pages) publishes a comprehensive electronic directory service on the world wide web that provides access to the names, addresses phone numbers and other information about individuals and businesses in the United States and other parts of the world. RIGL Corporation, via the URL's. Yellow-Page.Net & YP.net1 is engaged in the business of specialized Internet advertising through its own sales force and has to established in conjunction with World Pages, a co-branded Internet directory for distribution to RIGL Corporations' customers as hereinafter provided. The RIGL Corporation relationship with World Pages is that of an independent contractor. The term of this agreement is 1 year. At each anniversary of the date of execution, the term will be automatically extended by one additional year, unless World Pages gives RIGL Corporation written notice of cancellation 60 days prior to any anniversary date. RIGL Corporation may cancel this agreement at any time by giving written notice to Web YP, inc. (World Pages) at least 60 days in advance of the date selected for this agreement to expire. Effective August 15,1999 and forward for the 12-month length of this agreement, RIGL Corporation, agrees to pay an annual fee of $24,000.00 for the hosting of its' complete volume of mini-sites on the RIGL Corporation, Yellow-Page.Net & YP.net co-branded sites. Payments are due at $2000.00 per month, with the first payment due September 15,1999. Subsequent payments are due on the 15th of each month in which this agreement is in force, net 10 days. Late payments will be charged at 1112 % interest. (No interest is due for the month of September, since World Pages has billed RIGL Corporation, Yellow-Page.Net late.) RIGL CORPORATION, YELLOW-PAGE.NET MAY NOT USE WORLDPAGES' TRADEMARKS, TRADENAMES OR OTHER SYMBOLS WITHOUT PRIOR AND WRITTEN APPROVAL OF WORLDPAGES AND AGREES NOT TO REGISTER ANY TRADEMARKS, TRADENAMES OR SYMBOLS OF WORLDPAGES (OR WHICH ARE CONFUSINGLY SIMILAR TO THOSE OF WORLD PAGES.) IN NO EVENT WILL EITHER PARTY BE LIABLE TO THE OTHER FOR ANY SPECIAL INCIDENTAL OR CONSEQUENTIAL DAMAGES, WHETHER BASED ON BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE) OR OTHERWISE, WHETHER OR NOT THAT PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGE. THE LIABILITY OF WORLDPAGES FOR DAMAGES OR ALLEGED DAMAGES 1 WEB YP, INC~, 291 GEARY ST., SUITE 310, SAN FRANCISCO, CA. 94102 PH 415~782~680O FAX 415~782~6801 <PAGE> HEREUNDER(1) WHETHER IN CONTRACT(1) TORT OR ANY OTHER LEGAL THEORY IS LIMITED TO) AND WILL NOT EXCEED) THE AMOUNTS ACTUALLY PAID BY CONTENT PROVIDER TO WORLPAGES HEREUNDER. YP.NET, INC ------------- 4840 EAST JASMINE STREET SUITE 105 MESA(1) AZ 85205 TELEPHONE: 480 654-9646 FAX: 480 654-9727 SIGNATURE WILLIAM O'NEAL DATE 11/8/99 ------------------------- TITLE PRESIDENT WORLD PAGES /WEB YP INC. 291 GEARY STREET) SUITE 310 SAN FRANCISCO(1) CA 94102 TELEPHONE. 415 2~7B~6~00 FAX: 415 782-6861/ SIGNATURE FREDERICK KLEIN DATE: 11/1/99 ---------------- FREDERICK KLEIN PRESIDENT