MARKETING AGREEMENT between KARMA MEDIA, INC. and RADIOVISA CORPORATION
EXHIBIT 10 (k)
Marketing Agreement with Radiovisa Corporation
between KARMA MEDIA, INC. and RADIOVISA CORPORATION
This Marketing Agreement ("Agreement") is entered into effective March 15, 2004 by and between Karma Media, Inc. ("Karma") and Radiovisa Corporation ("Client") as follows:
1.
The initial term of this Agreement shall be three (3) months, commencing on the 1st day of April 2004. Karma shall provide Client with a daily "vignette" to be hosted by Karma's Chairperson, Xxxxxxx Xxxxx.
2.
The vignette shall consist of approximately fifty (:50) seconds of content to air on a network of radio stations provided by Client each weekday between 10:00 a.m. and 10:00 p.m.
3.
Karma and Client shall jointly develop the content for each vignette to be aired. Client shall have the right to reject the content of a specific vignette, for any reason.
4.
Client hereby authorizes Karma to use Clients name and xxxx in its press material. Karma also grants Client a limited license to use Karma's and Xxxxxxx Xxxxx'x name and xxxx in its promotional material. All press releases shall be reviewed an approved by both parties before being disseminated.
5.
Client shall grant Karma two (2) sixty (:60) second commercial radio spots each weekday. Content of said spots shall be at the sole discretion of Karma and shall meet Client's broadcast standards.
6.
If any provision of this Agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable, the remaining provisions shall nevertheless continue in full force without being impaired or invalidated in any way.
7.
This Agreement shall be governed by the laws of the State of California, regardless of the choice of laws provisions of California or any other jurisdiction. This Agreement contains the parties' entire agreement with respect to the subject
matter hereof and cannot be altered, amended or modified except by a writing signed by the parties.
8.
In any action or proceeding involving a dispute between the Client and Karma arising out of this Agreement, whether brought to trial or final judgment, the prevailing party will be entitled to receive from the other party reasonable attorneys' fees and costs incurred by reason of such action or proceeding.
In witness whereof, the parties have agreed to the terms of engagement as outlined above.
Karma Media, Inc.
0000 Xxxxx Xxxxx
Xxxxx 000
Xx Xxxxx, XX 00000
Telephone: (000) 000-0000
Facsimile (000) 000-0000
By: /s/
Xxxxxxxxx Xxxxxxx
its Chief Executive Officer
Radiovisa Corporation
15301 Ventura Xxxxxxxxx
Xxxx X / Xxxxx 000
Xxxxxxx Xxxx, XX 00000
Telephone: (000) 000-0000
Facsimile: (000) 000-0000
By: /s/
Ray De Xx Xxxxx
its Chief Operating Officer
