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
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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
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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
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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
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FREDERICK KLEIN PRESIDENT