Exhibit 10.11
HEWLETT-PACKARD AND ONSALE AGREEMENT
This agreement is entered into July 31, 1996 between Hewlett-Packard and ONSALE.
Hewlett-Packard and ONSALE desire to perform a test of ONSALE's internet auction
service to determine its suitability as a distribution channel for
Hewlett-Packard products.
Hewlett-Packard responsibilities:
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. Select and reserve an inventory of items for this purpose.
. Provide to ONSALE the quantity available, detailed description, color
picture and warranty information for each item selected.
. Provide to ONSALE information about Hewlett-Packard, including logo, to
create an online description of Hewlett-Packard.
. Review and approve all item and corporate descriptions as provided by
ONSALE.
. Ship inventory at [**] within 3 days of ONSALE's request to:
ONSALE
c/o Federal Express Logistics Services
000 Xxxxxx Xxxx. #0
Xxxxx Xxx Xxxxxxxxx, XX 00000
. Provide a minimum 90-day parts and labor warranty on all items sold.
ONSALE responsibilities:
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. Create merchandise web pages for auction of each item provided by
Hewlett-Packard.
. Create an online description of Hewlett-Packard, for posting in
conjunction with Hewlett-Packard items.
. Provide copies of the above to Hewlett-Packard for approval prior to
public posting.
. Manage the online auction; select winning bidders.
[**] Confidential Treatment Requested
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. Charge winning bidders' credit cards, collect funds, ship goods via Federal
Express 2-day air.
. Remit to Hewlett-Packard the actual closing prices less a [**] fee for
service no later than [**] days from the time of receipt of
Hewlett-Packard product.
Notes:
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ONSALE will add a shipping charge to the posted items and will collect and
retain this amount from the winning bidders.
ONSALE will collect sales tax to winning bidders within California.
Accepted for Hewlett-Packard by: Accepted for ONSALE by:
/s/ Xxxxx Xxxx 7/31/96 /s/ Xxxxx Xxxxxx 7/26/96
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(date) (date)
[**] Confidential Treatment Requested
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