EXHIBIT 6.1
Date
Letter of Agreement
This letter, when executed, will constitute an agreement (the "Affiliate
Agreement") between XXXX (the "Affiliate"), a publicly traded company, and
Xxxxxxxxxxx Broadcasting Xxxxxxx.xxx, Inc. ("XXX.xxx"), an Internet-based
financial publishing and broadcasting company, whereby the Affiliate agrees to
have XXX.xxx construct and maintain a WBNcyberStation on the Affiliate's behalf
within XXX.xxx's website.
The annual Affiliate fee of $48,000, will be billed quarterly in advance. The
term of this agreement shall be 12 months. After the 12 month term, this
agreement shall remain in place unless either party gives notice to cancel with
90 days notice. XXX.xxx agrees to perform the following services:
o Construct and maintain a WBNcyberStation(TM) in a manner and style
consistent with other Xxxxxxxxxxx WBNcyberStations(TM) which shall
include:
i. an independent research report prepared annually by an analyst
assigned by XXX.xxx (the "Analyst")
ii. routine commentary and follow-up as warranted to be provided
by the Analyst and XXX.xxx editors (the "Editor") with respect
to the Affiliate or with respect to matters pertaining to the
Affiliate
iii. an aggregation of information and data prepared by XXX.xxx
and/or references to published information (both on-line and
off-line) as deemed relevant by XXX.xxx.
o Conduct occasional live Internet radio interviews and make
interviews available for replay on demand.
o Maintain a review of Affiliate message boards at Yahoo!, Silicon
Investor, Motley Fool, Raging Bull and other similar forums for the
purpose of assuring accuracy of information exchange and guarding
against posting of purposefully misleading and fraudulent
information.
o Extend invitations to the Affiliate, to co-host Xxxxxxxxxxx Waldorf
conferences at a 50% discount to the published fee.
The Affiliate explicitly recognizes XXX.xxx's independence and that of its
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contracted Analysts with respect to all editorial content including judgments,
conclusions, projections analysis. The Affiliate further waives any recourse to
Analysts contracted by XXX.xxx with respect to any editorial content provided by
such Analysts. XXX.xxx may, at its discretion, provide the Affiliate the
opportunity to review materials or reports prior to their being published within
the Affiliate's WBNcyberStation. The purpose of such prior viewing would be to
allow for the correction of any misinformation or misrepresentations of fact.
XXX.xxx shall not be liable for the content of published materials or reports to
the extent that the Affiliate has exercised its right to prior review hereunder.
XXX.xxx accepts responsibility for all editorial material published at the
WBNcyberStation(TM) to the extent factual material contained therein is derived
from independent sources. To the extent that editorial material contains factual
information about the Affiliate provided by the Affiliate for presentation at
the Affiliate's WBNcyberStation(TM), XXX.xxx shall not be liable for its
accuracy.
Accepted by:
Affiliate Xxxxxxxxxxx Broadcasting Xxxxxxx.xxx,
Inc.
Signature: Signature:
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Name: Name:
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Title: Title:
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Date: Date:
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