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Sample Business Contracts

Agreement - theglobe.com Inc. and Republic Industries Inc.

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                              August 12, 1998



Republic Industries, Inc.
110 S.E. 6th Street
Republic Tower
Fort Lauderdale, Florida  33301

      Attention:  Thomas W. Hawkins
                  Senior Vice President

Dear Mr. Hawkins:

     In consideration of the mutual agreements set forth herein, and other
good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, Republic Industries, Inc. ("Republic"), Michael S.
Egan ("Egan") and theglobe.com wish to memorialize the following
understandings and agreements:

     1.        Egan and theglobe.com hereby grant to Republic a Right of
          First Negotiation with respect to the conduct of automotive
          "clubsites" on theglobe.com, pursuant to the terms of this
          paragraph. This means that during the period commencing on the
          date hereof and ending six (6) months hereafter, Egan and
          theglobe.com shall negotiate exclusively with Republic and shall
          use their commercially reasonable efforts to reach an agreement
          (the "Exclusivity Agreement") with Republic pursuant to which
          Republic would be granted exclusive rights to engage in or
          conduct an automotive clubsite on theglobe.com.

     2.        Republic hereby agrees that it shall purchase advertising
          from theglobe.com for the three-year period commencing on the
          date hereof, upon the terms and conditions set forth in Exhibit 1
          hereto. Egan and theglobe.com hereby grant to Republic a "most
          favored nation" right for a period of three years pursuant to the
          terms of this paragraph. This means that during the three-year
          period commencing on the date hereof, in the event that
          theglobe.com grants a third party the right to advertise on
          theglobe.com at a price that is more favorable than the price
          offered to Republic, theglobe.com shall offer the more favorable
          price to Republic for advertising generally comparable in type
          and scope to Republic's advertising on theglobe.com; provided,
          however, that theglobe.com shall have no such obligation to offer
          Republic such favorable pricing in the context of so-called
          short-term, distressed advertising rates. Any amounts paid for
          advertising on theglobe.com by Republic pursuant to the
          Exclusivity Agreement shall be credited toward Republic's
          commitment under this paragraph 2.

     If the foregoing accurately reflects our understanding, please
indicate your agreement by executing this letter agreement as indicated
below.

                                          Sincerely,

                                          theglobe.com


                                          By:
                                             ------------------------------
                                          Name:
                                          Title:


                                          ---------------------------------
                                          MICHAEL S. EGAN, individually


AGREED AND ACCEPTED:

REPUBLIC INDUSTRIES, INC.


By:
   -----------------------------
   Name:   Thomas W. Hawkins
   Its:    Senior Vice President


Attachment


<PAGE>


                                                                     Exhibit 1
theglobe.com



Deal Structure
--------------



Term:                   3 years
Total Commitment:       $           ($    per year)
Start Date:             9/1/98

Components by Year:

Year One:

Integrated Advertising Buy
     a)   2.4 (Two million four hundred thousand)
          banners/buttons/contextual links per month or 28.8 (twenty-eight
          million eight hundred thousand) banners/buttons/links per year to
          promote AutoNation sites and product promotion (no third party
          with the exception of local dealer network)
     b)   Monthly "Auto" text impressions on theglobe.com homepage
     c)   Opt-in Lead Generation of theglobe.com and Auto area pages
     d)   Monthly inclusion in theglobe.com monthly newsletter


Year Two:

Integrated Advertising Buy
     a)   Two (2) million banners/buttons/contextual links per month or 24
          (twenty-four) million banners/buttons/links per year to promote
          AutoNation sites and product promotion (no third party with the
          exception of local dealer network)
     b)   Monthly "Auto" text impressions on theglobe.com homepage
     c)   Opt-in Lead Generation of theglobe.com and Auto area pages
     d)   Monthly inclusion in theglobe.com monthly newsletter


Year Three:

Integrated Advertising Buy
     a)   One million five hundred thousand (1.5) million
          banners/buttons/contextual links per month or 18 (eighteen)
          million banners/buttons/links per year to promote AutoNation
          sites and product promotion (no third party with the exception of
          local dealer network)
     b)   Monthly "Auto" text impressions on
          theglobe.com homepage 
     c)   Opt-in Lead Generation of theglobe.com
          and Auto area pages 
     d)   Monthly inclusion in theglobe.com monthly newsletter