Advertising Agreement
This will serve as an agreement between Xxxxxxxxx.xxx, Inc. and
MoreMedia Direct, Inc. for the development of a per-inquiry advertising
campaign for Xxxxxxxxx.xxx's 28:30 infomercial advertisement titled
"Pricester Complete".
Xxxxxxxxx.xxx will provide MoreMedia Direct with 15 dubs in various
formats for their 28:30 infomercial. If the initial test is successful
Xxxxxxxxx.xxx will provide a master of said infomercial.
Compensation to MoreMedia Direct will be $79.98 net per sale generated
by MoreMedia Direct's P.I. Network. In addition MoreMedia Direct will
receive a share of Pricester stock for every sale generated either by
Live Ops or Distributors for the life of the media relationship, with a
maximum of 100,000 shares. More Media Direct requires a pre-payment
deposit of $3999.00, which represents a pre-payment of 50 orders. This
payment will be made in 2 parts $2,000 to be deposited immediately and
the $1999 to be deposited once the first airing is in place.
MoreMedia Direct will provide invoices to Xxxxxxxxx.xxx on a weekly
basis for orders generated from the previous week as well as Dubs and
Federal express shipping costs. MoreMedia Direct expects payment of
said invoices by Friday of that same week. Xxxxxxxxx.xxx and
MoreMedia Direct reserve the right to discontinue the campaign at any
time with thirty days prior written notice at which time all unused
deposit will be refunded.
Xxxxxxxxx.xxx will provide MoreMedia Direct with their contact at Live-
Ops Call Center. MoreMedia Direct will then set up a telemarketing
download or e-mail on a daily basis. Being that Xxxxxxxxx.xxx will be
doing a great deal of out bound calling and following up from leads
that are generated from MoreMedia Direct's Per Inquiry network, More
Media Direct will receive a report on sales made for the previous week.
Compensation for these sales will be invoiced separately and will be
paid at the rate of $29.98 due on the following Friday after the sale.
More Media Direct has the right, but not the obligation, to audit
Xxxxxxxxx.xxx quarterly.
This agreement supercedes any previous agreement.
/s/ /s/Xxx Xxxxxxx /s/Xxxxxxx Xxxxxx
MoreMedia Direct, Inc. Xxxxxxxxx.xxx, Inc. Xxxxxxx Xxxxxx
DATE: 3/10/05 DATE: 3/10/05