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EXHIBIT 10.6
AGREEMENT FOR LICENSE TO SHARE REVENUE AND TECHNOLOGY
The parties agree to enter into a final license agreement based on the terms of
this agreement subject to review and approval of a final agreement by the Board
of Directors of both companies.
Item: Games of skill created by Adrenalin, to be played for cash prizes on an
Internet Gaming online casino. Described in Adrenalin brochure
Adrenalin Interactive
Will complete the game designs in a manner acceptable to Netbet
Will provide game software and graphics for testing on the COSP web site
Will provide game software and graphics to play on the COSP web site for
revenue generation
Netbet
Will provide information and guidance on interface to web site software
and cash transactions, and integration with operation
Will provide game design input on suitability for gaming use
Will use the games on licensed web sites for testing and revenue
generation
Terms
Adrenalin Interactive will license games to Netbet on non-exclusive basis
Netbet and Adrenalin will share 50/50 of net revenue. Advance royalties
to be determined
Netbet will sub-license games to COSP on a basis mutually acceptable to
Netbet and Adrenalin Interactive
The parties agree to execute mutual non-disclosure, non-circumvention agreements
for confidential information.
Both parties must give written approval on information contained in this
agreement prior to release to third parties.
Adrenalin Interactive Inc. Netbet Inc.
By: /s/ XXX XXXXX By: /s/ X. X. XXXXXX
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Its: CEO Its: President
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Date: June 16, 1998 Date: June 16, 1998
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