Sample Business Contracts

Subscription Agreement - WebMD Inc. and DuPont Nutrition & Health

Sponsored Links

                                               DuPont Nutrition & Health
                                               Walker's Mill, Barley Mill Plaza
                                               P. O. Box 80038
                                               Wilmington, DE 19880-0038

DuPont Nutrition & Health

January 28, 1999

WebMD, Inc.
400 The Lenox Building
3399 Peachtree Road, NE
Atlanta, GA  30326

Attn:  Mr. Jeff Norman

Dear Sirs:


Further to our recent discussions we set out below the terms upon which we have
agreed that E. I. du Pont de Nemours and Company ("DuPont") shall purchase
subscriptions to WebMD's internet service.

1.       DuPont will purchase 10,000 annual subscriptions to WebMD's Basic
         Service, as defined in WebMD's Terms of Service, ("the Subscriptions")
         commencing 1st March, 1999;

2.       The consideration for the purchase of the Subscriptions shall be the
         sum of $3,600,000, payable as set out in paragraph 4 below;

3.       DuPont shall be responsible for selecting the physicians who shall
         receive the Subscriptions and shall notify WebMD accordingly in

4.       The fees for the Subscriptions referred to in paragraph 1 above shall
         be payable in monthly installments at the end of each calendar month
         of service. WebMD shall address all invoices to: E. I. du Pont de
         Nemours and Company, Beaumont Accounts Payable, P. O. Box 4908,
         Beaumont, Texas 77704. Invoices shall refer to the DuPont Purchase
         Order number (which shall be notified to WebMD in writing before
         commencement of the Subscriptions) and shall be payable on a net 30
         day basis;

<PAGE>   2
5.       In the event that WebMD discontinues its service, no further
         subscription fees shall be payable by DuPont hereunder;

6.       The existing Confidentiality Agreement between DuPont and WebMD shall
         apply to the terms of this letter agreement;

7.       This letter agreement shall be governed by the substantive law of the
         state of Delaware, without reference to its conflicts of law rules or

Please sign and return the enclosed copy of this letter indicating your
acceptance of its terms.



Thomas C. Humphrey
Vice President and General Manager
DuPont Nutrition and Health

The above terms are agreed for and on behalf of WebMD, Inc.