EXHIBIT 10.3
Translation of the contract of trading content between Billyweb and Eurekan
Multimedia.
XXXXXXXX.XXX
Contract of trading content
Between the company BILLYWEB CORP whose registered office is located at 000 XXXX
XXXX, XXXX XXXXX, XXXXXXX, 00000, XXX, represented by Xx. Xxxxxxxx Xxxxxxx,
alias XXXXX, as president.
And
The company EUREKAN MULTIMEDIA, SA with a capital of 512 002 FF registered under
the No RCS B 424 313 575 in Nanterre, having its registered office at 00, Xxx
Xxxxxxxx Xxxxxx 00000 XXXXXXXXX-XXXXXX Cedex, represented by Mr. Xxxx LEGENT as
chairman.
It was agreed the following:
Preamble:
The company Eurekan Multimedia operates an Internet site currently under the
following URL address: xxxx://xxx.xxxxxxxx0.xxx - xxxx://xxx.xx0xxxxxx.xxx Named
below the "Site France MP3".
The operation currently proposed by the company Eurekan Multimedia on the site
FranceMP3 is the listening and or the viewing in phonographic and video digital
recording line in real time.
The company Billyweb is a key element in the multimedia field, and especially
Internet. The company wishes to have all information coming from the company
EUREKAN MULTIMEDIA for its site xxx.xxxxxxxx.xxx.
Article 1: Definition and Prices
The trading content consists of providing to the company Billyweb some
information produced by the company EUREKAM MULTIMEDIA on its site Xxxxxxxx0.xxx
in exchange of visibility.
These informations remain the property of the company EUREKAN MULTIMEDIA, the
company Billyweb having a right of usage on the concerned site. The trading
content is not exclusive.
The contracting allowing mentioning the valorization of the offer will make a
double billing. The financing terms are defined in the appended 1.
Article 2:Obligations of the company EUREKAN MULTIMEDIA
The company EUREKAN MULTIMEDIA, as publisher, is responsible for the content put
on the site Xxxxxxxx0.xxx and must respect the deontology linked to all site of
information, notably in naming a director of publishing.
The content must be accurate, completed and verified by the company EUREKAN
MULTIMEDIA. The company EUREKAN MULTIMEDIA declares that the wholes content
transmitted are its property and that the related rights are their
responsibilities as well as royalties. The company EUREKAN MULTIMEDIA must
respect the periodicity sets in appended 1.
Article 3:Obligations of the company BILLYWEB CORP
The company BILLYWEB CORP declares knowing the type of contents put on
xxx.xxxxxxxx.xxx and commit itself to not put any pressure of any kind on the
writing of the site. The company BILLYWEB COPR cannot in any case modified the
information provided by the company EUREKAN MULTIMEDIA without his prior
authorization.
The company BILLYWEB CORP must mention for each information put on the site the
logo or a link "pour en savoir plus, vas sur Xxxxxxxx0.xxx"("to know more about
it, go to Francemp3"). The location of the logo and/or the link must be
perfectly visible and must be defined without ambiguity for the Internet surfer.
The company BILLYWEB CORP can choose to put only some information transmitted,
without interfering with the financials elements of the present contract.
Article 4: Communication, Confidentiality
It is agreed that the company EUREKAN MULTIMEDIA and the company BILLYWEB COPR
collaborate at the preparation of public announcements in order to communicate
regarding his partnership. None of the parties can conduct some public
operations without the consent of the other party.
Article 5: Duration of Contract
The contract is made for duration of three months, renewable by tacit agreement
for a period of three months.
Article 6: Jurisdiction
This contract is subject to the French law and the parties declare submit
themselves at the exclusive jurisdiction of the Court of Paris for all lawsuit
ensuing in relation with this contract.
Made in Paris on Mai 26, 2000
For Eurekan Multimedia For Billyweb Corp
Mr. Xxxx Legent Xx. Xxxxxxxx Xxxxxxx
XXXXXXXX.XXX
Appended 1: Prices of trading content of site Francemp3
Licensing Description Duration of offer Valuation base
Price, tax non
included
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Music columns Periodicity: daily Three months 30 000 F
The delivery is
composed of 1 article
and 1 top 10 of Format:
Francemp3 updated An article is composed
every weeks of a title, + a mini
paper of 400 maxi signs
+ 120 maxi signs, one
image and one link +
logo towards the site
Francemp3 with the mention
"si tu veux en savoir
plus, vas sur Francemp3".
The subjects concern new
artists or new albums or
new musical trends
supposedly interesting
for teenagers.
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