Exhibit 10.2 Subscriber Acquisition Agreement dated December 11, 2003,
between Sequiam Software, Inc. and Internet Junction Corporation.
SUBSCRIBER ACQUISITION AGREEMENT
This Subscriber Acquisition Agreement is effective as of December 11, 2003
between Internet Junction Corporation, and Sequiam Software, Inc.
As Seller, Sequiam Software, Inc. hereby sells and transfers to Internet
Junction all remaining Internet Access accounts, including dial-up, DSL and
ISDN. The preliminary database of customer accounts, numbers and service types
are identified in the Attachment included with this agreement. Sequiam Software,
Inc. has agreed to personally contact their customers to explain this
arrangement with Internet Junction Corporation and to fully support their
transition to Internet Junction for access services.
As Buyer, Internet Junction Corporation has offered one-time payments for each
qualified customer on the following schedule:
Dialup Monthly Subscribers $100
DSL Monthly Subscribers $125
ISDN Monthly Subscribers $120
Partial payment from Internet Junction Corporation in the amount of $2,000.00
will be made upon execution of this Agreement. Sequiam shall attach a current
list of DSL customers to be converted to IJ as an attachment to this Agreement.
ISDN and dial up customer information has already been given to Internet
Junction.
Final payment per the above schedule shall be made at the time and for the
Access Orlando customers who become active on Internet Junction's service.
To assist in an orderly transition, Sequiam Software, Inc. will forward email
sent to subscribers of xx.xxx until a full transition has been effected.
Sequiam Software, Inc. agrees that, for a period of three years after the
transition date the seller shall not provide Internet access services anywhere
within the state of Florida except as caused by an acquisition of an existing
business.
Both parties agree that all information, except as required by this agreement,
shall be received in strict confidence and used only for the purposes of this
agreement, and as required for documentation as a public company All
communications shall be delivered, faxed or sent to the following:
If to Seller: Sequiam Software, Inc.
000 Xxxxxxx Xxxx
Xxxxxxx, XX 00000
XXX
If to Internet Junction: Xxxx Xxxxxxxxx
Internet Junction Corporation
00000 X. Xxxxxxxxxxxx Xxx.
Xxxxx, XX 00000
XXX
Cc: General Counsel
IN WITNESS WHEREOF, Internet Junction and Seller have each executed and
delivered this agreement as of the date written above.
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INTERNET JUNCTION CORP:
-----------------------
By:_________________________
Title:________________________
Date:________________________
SELLER - SEQUIAM SOFTWARE, INC:
-------------------------------
By:_________________________
Title:________________________
Date:________________________
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