ASSIGNMENT OF LICENSE AGREEMENT
FOR VALUE RECEIVED, Ryerson Corporation A.V.V. ("Assignor"), for good and
valuable consideration, does hereby sell, assign, and transfer to Netco
Investments Inc., a Washington corporation ("Assignee"), all of the rights,
title and interest of Assignor and delegates to Assignee all of the duties of
Assignor under that certain License Agreement dated March 15, 2000 by and
between Assignor and Xxxxxxxxxxxxxxx.xxx Corp., a Nevada Corporation, a true
copy of which is annexed hereto and made a part hereof.
Assignor represents that the annexed contract is a valid and binding
agreement in all respects, is assignable and the duties hereunder delegable, and
that this assignment and delegation is a valid exercise of the Assignor's
rights.
Assignee hereby assumes and agrees to perform all of Assignor's obligations
under the annexed contract. Assignee shall defend, indemnify and hold harmless
Assignor, from and against any claim, liability and expense which Assignee may
incur (including without limitation attorneys fees and litigation expenses) that
arises out of Assignee's performance of, or failure to perform, such contract.
Dated this 15th day of March, 2000.
ASSIGNOR: ASSIGNEE:
RYERSON CORPORATION A.V.V. NETCO INVESTMENTS INC.
/s/ Xxxxxxx Xxxxxxx /s/ Xxxxx X. Xxxxxxxxx
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Xxxxxxx Xxxxxxx Xxxxx X. Xxxxxxxxx
