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Sample Business Contracts

Service Agreement - Travelzoo.com Corp. and Silicon Channels Corp. d/b/a Travelzoo.com Sales Inc.

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                                                                  [Logo Omitted]


Memo

       To:        Travelzoo.com Corporation; Travelzoo.com Sales, Inc.

       From:      Ralph Bartel

       CC:

       Date:      01/02/99

       Re:        Agreement




       Service Agreement

       This is to confirm  that both  parties  agreed  today that  Travelzoo.com
       Corporation outsources all operations to Silicon Channels Corporation dba
       Travelzoo.com  Sales, Inc..  Travelzoo.com Sales, Inc. will receive a 50%
       split of the net income  (before  income taxes)  generated from operating
       the Trazelzoo.com web site and its business.

       This agreement shall become  effective on January 1, 1999. This agreement
       replaces the existing contract dated October 10, 1998.




       /s/ R. Bartel
       -------------------------------
       Ralph Bartel
       President
       Silicon Channels Corporation dba Travelzoo.com Sales, Inc.



       /s/ R. Bartel
       -------------------------------
       Ralph Bartel
       Chairman and Chief Executive Officer
       Travelzoo.com Corporation




       January 2, 1999