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Sample Business Contracts

Hotel Services Agreement [Addendum No. 1] - HotelView Corp.

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                             HOTELVIEW CORPORATION            Contract #________
                     A Subsidiary of Visual Data Corporation

                            HOTEL SERVICES AGREEMENT
                      ADDENDUM I - PERFORMANCE PAYMENT PLAN

The Hotel and Company agree that the balance of the annual Service Fee will be
paid by the Hotel as the Company and its member Travel Agencies provide room
revenues for the Hotel. The Hotel and Company further agree to the following
terms and conditions in addition to those contained in the Hotel Services
Agreement:

1.      DEFINITIONS.
        Unless otherwise expressly provided herein or in the Agreement or the
        context otherwise requires, the following terms used in this Addendum
        have the following meanings:
        a.     "GUEST DEPARTURE DATE" means the day at which a customer
               completes their stay at the Hotel.
        b.     "ISSUE DATE" means the date the Vignette is included in the
               Library, which shall not exceed ninety (90) days from the
               Effective Date.
        c.     "RESERVATION SYSTEM" means the automatic electronic reservation
               booking system used by Travel Agencies to reserve airline, hotel,
               rental car and other travel related services, and by Hotels to
               receive said reservations.
        d.     "SERVICE FEE BALANCE" means balance of payment owed to the
               Company from the Hotel as consideration for the services provided
               by the Company to the Hotel, which shall be paid from the net
               amount received from the Travel Agents for the Hotel's rooms,
               less all applicable taxes and commissions paid to the Travel
               Agents by the Hotel or its affiliates.

2.      ADDITIONAL RESPONSIBILITIES OF THE COMPANY.
        a.     In addition to the responsibilities set forth in this Agreement,
               the Company agrees to accept payments based on performance in
               lieu of cash for services rendered under this Agreement.
        b.     Furthermore, the Company is responsible for providing monthly
               statements to the Hotel evidencing bookings made by its member
               Travel Agencies.

3.      ADDITIONAL RESPONSIBILITIES OF THE HOTEL.
        a.     In addition to the responsibilities otherwise set forth in this
               Agreement, the Hotel shall make all room types available.
        b.     As the Hotel receives revenues produced by the travel agents,
               Hotel Agrees to pay the Company all amounts received, except as
               otherwise stated in Addendum II, less the Travel Agent commission
               and applicable taxes, until the total amount of the Service Fee
               is paid in full. Thereafter, the Hotel is not liable to pay any
               other fees to the Company, in connection with the HotelView
               Library, for the term of this Agreement.

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        c.     The Hotel shall take such necessary actions to release to the
               Company all booking information relevant for the Company to
               properly collect from the Hotel amounts due pursuant to the terms
               of this Agreement and Addendum. This includes authorizing the
               Reservation System or any other third party tracking/collection
               system to release the Company all relevant booking information.

4.      CONSIDERATION.
        a.     In consideration for the Company's services, pursuant to the
               terms of this Addendum, Hotel agrees the Service Fee balance is
               as follows:

================================
Service Fee Balance

================================
$
================================

5.      PAYMENT TERMS.
        a.     All payments due to the Company from the Hotel shall be due
               thirty (30) days from Guest Departure Date.
        b.     All amounts due not paid by the Hotel within forty-five (45) days
               of the date of Guest Departure Date shall be past due, at which
               time the Company shall be entitled to take all reasonable
               collection actions, including the use of a collection agency or
               an attorney, with Hotel fully liable and solely responsible for
               all costs and expenses associated therewith, including attorneys
               fees and costs. If Hotel fails to render payment within sixty
               (60) days of the Guest Departure Date, the Hotel shall be deemed
               to be in default and Company shall have the right to terminate
               the Hotel Services Agreement and this Addendum pursuant to
               Section 5 of the Agreement.

THE PARTIES AGREE TO THE TERMS AND CONDITIONS SET FORTH HEREIN AND IN THE HOTEL
SERVICE AGREEMENT.

                                            Accepted by HOTELVIEW CORPORATION:
For the HOTEL:_________________             1600 South Dixie Highway, Suite 3A
                (Name of Hotel)             Boca Raton, FL 33432

By:___________________________              By:_________________________________

Name:_________________________              Name:_______________________________

Title: _______________________              Title:______________________________

Date:_________________________              Date:_______________________________

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