Exhibit 10.9
MEMORANDUM OF UNDERSTANDING
It is hereby agreed that XxXxXxx.xxx Inc. and Xxxxxxxxx Communications, Inc.
will endeavor to work together. XxXxXxx.xxx Inc. will make available all
properties which it has Internet online distribution rights to, both now and in
the future, for direct over-the internet delivery by Xxxxxxxxx. Xxxxxxxxx will
charge access fees which are agreed to by SyCoNet and/or solicit ad revenue
related to these properties. Xxxxxxxxx will incur encoding and bandwidth charges
for those properties which it exercises its option to deliver over the Internet,
and will pay XxxXxXxx.xxx 70% of the online access gross fees and 25% of the
product specific gross advertising fees pertaining to this product. General site
advertising revenue will not be shared.
XxXxXxx.xxx Inc is a distributor of Ahime Japanese animated movies, including
Pokemon (R) video series, live action cult films, multimedia games and software,
DVD's toys, apparel, and related merchandise to over 1,000 wholesale and retail
accounts nationwide through two high traffic websites, a catalog, and direct
sales campaign.
Xxxxxxxxx Communications, Inc. provides full-screen online motion pictures and
secure direct over-the-Internet book delivery at the XXXX.XxxXxxx(xxx.XXXX.xxx)
as part of its eCommerce "World Downloadable Content Leader".
Agreed,
/s/ Xx Xxxxx
/s/ Xxxx Xxxxxxxxx CEO
CEO
Xxxxxxxxx Communications, Inc. XxXxXxx.xxx
Date: 11-1-99 Date:
