AMENDED AND RESTATED SERVICES AGREEMENT
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AMENDED AND RESTATED
SERVICES AGREEMENT
This Amended and Restated Services Agreement (this "Agreement"), dated March 25, 2002, is by and between Styleclick, Inc., a Delaware corporation ("Styleclick"), and ECS Sports Fulfillment LLC, a Delaware limited liability company ("ECS"), and effective as of January 24, 2001 (the "Effective Date").
WHEREAS, XxxxxxXxxx.xxx, Inc. ("SportsLine") and ECS have entered into an agreement, dated as of the Effective Date (the "Underlying Agreement"), pursuant to which, among other things, ECS, acting directly or through a third party, shall develop, build, host, maintain and operate SportsLine's online store;
WHEREAS, Stylelclick and ECS entered into an oral agreement (the "Oral Agreement"), effective as of January 24, 2001, pursuant to which Styleclick agreed to provide certain services to ECS in support of ECS's obligations to the Sportsline;
WHEREAS, prior to entering into the Oral Agreement, Styleclick was aware of the material terms applicable to it thereto and contained in the Underlying Agreement;
WHEREAS, Styleclick and ECS entered into a services agreement (the "Services Agreement"), dated as of November 12, 2001, pursuant to which the terms and conditions of the Oral Agreement were agreed to in writing; and
WHEREAS, Styleclick and ECS desire to enter into this Agreement to supersede and replace the Oral Agreement and amend and restate the Services Agreement.
NOW, THEREFORE, the parties hereto agree as follows:
1. DEFINITIONS
For the purposes of this Agreement, capitalized terms not expressly defined elsewhere in this Agreement shall have the meanings set forth in Exhibit A hereto.
2. GENERAL OPERATIONS
2.01 Term. The initial term of this Agreement (the "Initial Term") shall be for the period commencing on the Effective Date and expiring on January 31, 2002, unless earlier terminated in accordance with the terms hereof. ECS shall have the option to extend the term of this Agreement for up to four additional one-year periods (each such one year period, a "Renewal Term") by providing Styleclick with written notice of its intent to extend no later than 30 days in advance of the last day of the Initial Term or the current Renewal Term, as applicable. The Initial Term together with all Renewal Terms shall be referred to herein as the "Term".
2.02 Development of SportsLine Store. As described in more detail in Exhibit B attached hereto, Styleclick shall develop, host, operate and maintain the SportsLine Store in a manner consistent with the terms set forth, as applicable, in the Underlying Agreement, the material terms of which have been provided to Styleclick. Styleclick shall provide the Development Services, License, Operations Services, Maintenance Services and Customer Support Services, each as more fully described in Exhibit B hereto. Styleclick shall only be obligated to perform those services expressly required by this Agreement. ECS shall provide Styleclick with all information Styleclick reasonably requests in order for Styleclick to perform its services under this Agreement.
2.03 Fees. In consideration of the services to be provided by Styleclick hereunder, ECS shall pay Styleclick the fees set forth in, and in accordance with, Exhibit C attached hereto.
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2.04 Prior Agreements. This Agreement supersedes and replaces in its entirety both the Oral Agreement and the Services Agreement.
3. PAYMENT TERMS; RECORDS; AUDIT RIGHTS
3.01 Payment Terms. Styleclick shall invoice ECS on a monthly basis for amounts owed under this Agreement. ECS shall pay each invoice within 10 days after receipt of any such invoice.
3.02 Records; Audit Rights. Styleclick shall maintain accurate books of account and records relating to services provided under this Agreement. ECS shall have the right at its own expense during the Term, at reasonable hours of the day and upon reasonable prior written notice, to examine and audit such books of account or records in Styleclick's possession or under its control solely for the purpose of conducting such audits and enforcing its rights under this Agreement. All such books of account and records shall be kept available for at least twelve (12) months after the expiration or termination of this Agreement or eighteen (12) months after the end of the Contract Year to which they relate, whichever is earlier.
4. INTELLECTUAL PROPERTY; CONFIDENTIALITY
4.01 License. ECS represents to Styleclick that it has been granted a license from SportsLine which permits Styleclick, during the Term and subject to the terms and conditions of the Underlying Agreement (including without limitation, SportsLine's right to approve such use), to use the SportsLine-Furnished Items, as reasonably necessary for Styleclick to perform its obligations hereunder, provided that ECS retains overall control and responsibility for the fulfillment of such obligations. Styleclick acknowledges that all rights to SportsLine-Furnished Items, including the Trademarks, not expressly granted to ECS are reserved to SportsLine. All goodwill arising out of any use of any SportsLine-Furnished Item by, through or under Styleclick will inure solely to the benefit of SportsLine. Styleclick will not use the SportsLine Furnished Items, including, but not limited to, the Trademarks, in any way tarnishes, blurs, or dilutes the quality associated therewith or the associated goodwill. Styleclick will use the Trademarks in conformance with the generally applicable trademark usage policies of SportsLine as furnished by ECS to Styleclick from time to time. Styleclick will not form any combination or derivative marks with the Trademarks. Styleclick will not take any action inconsistent with SportsLine's ownership of the Trademarks. Any benefits accruing from use of the Trademarks will automatically vest in SportsLine.
4.02 Ownership. (a) Styleclick acknowledges that SportsLine reserves all right, title and interest in and to the SportsLine-Furnished Items, along with all Intellectual Property Rights solely associated with any of the foregoing, and no title to or ownership of any of the foregoing is transferred or licensed or sublicensed to Styleclick or any other person or entity pursuant to this Agreement. Styleclick hereby assigns to SportsLine all right, title and interest that it may have or acquire in and to such items and all associated Intellectual Property Rights, and Styleclick will take, provided that ECS or SportsLine reimburses Styleclick for any related expenses, any actions (including execution and delivery of affidavits and other documents) reasonably requested by ECS or SportsLine to effect, perfect or confirm SportsLine's or its designee's right, title and interest therein. At the termination of the Agreement, Styleclick will return all SportsLine-Furnished Items to SportsLine, and Styleclick shall have no further rights thereto.
(b) Notwithstanding anything in this Agreement to the contrary, Styleclick will retain ownership of the template and e-Commerce functionality of the SportsLine Store and ECS and Styleclick, respectively, will retain ownership of any other content, technology or trademark (including the Software (as defined in Exhibit B) owned by, and furnished in connection with, such party in the performance of its respective obligations hereunder.
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4.03 Confidentiality. Styleclick acknowledges that it has been informed of its and ECS' confidentiality obligations to SportsLine contained in Section 9 of the Underlying Agreement and hereby agrees to comply with and be bound by such obligations.
5. TERMINATION
5.01 Early Termination Right. In the event that the Underlying Agreement terminates for any reason, this Agreement shall terminate immediately. ECS shall give Styleclick prompt notice of any termination of the Underlying Agreement.
5.02 ECS Termination Rights. ECS shall have the right to terminate this Agreement upon written notice to Styleclick if:
(a) Styleclick shall be unable to pay its liabilities when due, or shall make any assignment for the benefit of creditors, or under any applicable law admits in writing its inability to meet its obligations when due or commit any other act of bankruptcy, institute voluntary proceedings in bankruptcy or insolvency or permit institution of such proceedings against it; or
(b) Styleclick is in breach of any material term or condition of this Agreement, in any material respect, and such breach remains uncured (30) days after written notice of such breach is sent to Styleclick by ECS; provided, however, that if such breach by its inherent nature can be cured but not within the thirty (30) day period because the assistance of a person or entity unrelated to Styleclick is needed to cure such breach, then Styleclick shall have the opportunity to cure such failure to perform or breach within a reasonable period of time of receipt of such notice if Styleclick has commenced to cure such breach within such thirty (30) day period.
5.03 Styleclick Termination Rights. Without prejudice to any other rights Styleclick may have pursuant to this Agreement or otherwise, Styleclick shall have the right to terminate this Agreement upon written notice to ECS, if:
(a) ECS shall be unable to pay its liabilities when due, or shall make any assignment for the benefit of creditors, or under any applicable law admits in writing its inability to meet its obligations when due or commit any other act of bankruptcy, institute voluntary proceedings in bankruptcy or insolvency or permit institution of such proceedings against it; or
(b) ECS is in breach of any material term or condition of this Agreement, in any material respect, and such breach remains uncured (30) days after written notice of such breach is sent to ECS by Styleclick; provided, however, that if such failure to perform or breach by its inherent nature can be cured but not within the thirty (30) day period because the assistance of a person or entity unrelated to ECS is needed to cure such breach, then ECS shall have the opportunity to cure such breach within a reasonable period of time of receipt of such notice if ECS has commenced to cure such breach within such thirty (30) day period.
5.04 Effect of Expiration or Termination. After the expiration or termination of this Agreement: (a) Styleclick shall have no right to use, or allow any third party to use, SportsLine Furnished Items; and (b) Styleclick agrees in good faith to assist, at ECS's cost and expense, with the orderly transfer of Styleclick's obligations herein to ECS or to a third party.
5.05 Representations. Each party represents and warrants to the other party that (a) it has and will have full right, power, and authority to enter into this Agreement and perform its obligations under this Agreement; (b) that its execution and performance of this Agreement, and the other party's exercise of such other party's rights under this Agreement, will not breach or cause a conflict with any other agreement to which it is bound; (c) its performance hereunder will comply with all applicable laws and regulations; and (d) when executed and delivered, this Agreement will constitute its legal and binding obligations, enforceable against it in accordance with its terms, subject to (i) laws of general application relating to bankruptcy, insolvency and the relief of debtors, and (ii) rules of law governing
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specific performance, injunctive relief and other equitable remedies. In addition, ECS represents and warrants that it is a party to an agreement with SportsLine which allows ECS to grant to Styleclick the rights and license granted herein, subject to the terms and conditions contained herein.
6. MISCELLANEOUS
6.01 Governing Law; Jurisdiction. This Agreement shall be construed in accordance with the laws of the State of New York, without regard to its principals of conflicts of laws.
6.02 Assignment. Neither this Agreement nor any of its rights, privileges or obligations hereunder may be assigned by Styleclick without ECS' written consent. Notwithstanding the foregoing, ECS may transfer or assign its rights, privileges and obligations under this Agreement to any Affiliate of ECS, provided that such transferee agrees in writing to be bound by this Agreement.
6.03 Amendment; Modification. None of the provisions of this Agreement may be amended, or modified except expressly in writing signed by the parties, and there are no representations, promises, and agreements, warranties, covenants or undertakings other than those contained herein. No failure on the part of a party to exercise any right under this Agreement shall operate as a waiver of such right; nor shall any single or partial exercise of any right preclude any other or further exercise or the exercise of any other rights.
6.04 Severability. In the event any provision of this Agreement is found to be void, invalid or unenforceable as a result of any judicial or administrative proceeding or decree, this Agreement shall be construed and enforced as if such provisions were not contained in this Agreement.
6.05 Survival. No expiration or termination of this Agreement shall relieve ECS of its obligations to pay Styleclick any amounts due to it at the time of termination or expiration, regardless of whether these amounts are then or thereafter payable. The provisions of Sections 3.01, 3.02, 4.01, 4.02, 4.03, 5.04, 5.05, 6.01, 6.05, 6.06, 6.07, 6.10 and 6.11 shall survive the expiration or termination of this Agreement.
6.06 Construction. This Agreement, together with any exhibits or attachments, when fully-executed, shall constitute the entire agreement and understanding between the parties hereto and cancels, terminates and supersedes and prior agreement or understanding relating to the subject matter hereof between ECS and Styleclick. The headings in this Agreement are for reference purposes only and shall not affect the interpretation of this Agreement. Whenever used in this agreement, the words "include," "includes" and "including" shall be deemed to be followed by the words "without limitation." Unless otherwise specifically addressed herein, any approval required of either party shall be deemed to be an approval that may not be unreasonably withheld of delayed by such party.
6.07 Notices. All notices to be given hereunder shall be in writing and shall be sent by facsimile, registered or certified mail, return receipt requested, or by reputable overnight courier service (e.g., UPS, DHL, or Federal Express) to the respective addresses of the parties as set forth above unless notification of a change of address is given in writing. All notices shall be sent to the addresses set forth below:
if to Styleclick, as follows:
Styleclick, Inc.
000 X. Xxxxxx Xxxxx
Xxxxxxx, XX 00000
Attention: Chief Financial Officer
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if to ECS, as follows:
ECS
Sports Fulfillment LLC
c/o USA Electronic Commerce Solutions LLC
000 Xxxxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attention: President
with a copy to:
ECS
Sports Fulfillment LLC
c/o USA Electronic Commerce Solutions LLC
000 Xxxxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attention: General Counsel
Any written notice shall be deemed to have been given at the time it is received. Any notice required or permitted to be given by the provisions hereof shall be conclusively deemed to have been received by a party hereto on the day it is delivered to such party at the address indicated (or such other address as such party shall specify to the other party in writing) or, if sent by registered or certified mail, on the third business day after the day on which mailed, addressed to such party at such address.
6.09 No Joint Venture. Nothing herein contained shall be construed to place the parties in the relationship of partners or joint venturers and no party shall by virtue of any contained herein have the power to obligate or bind another party to a third party in any manner whatsoever.
6.10 Indemnification.
(a) Styleclick shall defend, indemnify and hold harmless ECS and its Affiliates (other than Styleclick), shareholders, members, related companies (other than Styleclick), officers, directors, managers, employees and agents (the "ECS Parties") against any claims, expenses, demands, causes of action or damages, including reasonable attorney's fees (whether incurred in a third party or an action between the parties) (collectively, "Claims") arising out (i) (x) a claim that the provision of services hereunder by Styleclick violates or infringes upon the alleged trademark, copyright or other right of a third party, (y) the operation or content of any Web site operated by Styleclick hereunder, including, without limitation, the SportsLine Store, and (z) any failure by Styleclick to comply with applicable laws in operating the SportsLine Store, in each case, other than with respect to any SportsLine Furnished Item and (ii) any breach of this Agreement or any representation herein by Styleclick; provided that, in each such instance, Styleclick is given prompt notice of, and shall have the option, at its sole cost and expense, to undertake and conduct the defense of, any such Claim. In any instance to which such indemnities pertain, (A) Styleclick shall keep ECS fully advised of all developments pertaining to such Claims and shall not enter into a settlement of such Claim that would adversely affect ECS, including admitting any liability or fault of ECS, without ECS's prior written approval and (B) ECS shall cooperate fully with and assist ECS in all respects in connection with any such defense. Styleclick shall reimburse ECS for all reasonable out-of-pocket costs actually incurred by ECS in connection with such cooperation and assistance.
(b) ECS shall defend, indemnify and hold harmless Styleclick, its Affiliates (other than ECS), shareholders, related companies (other than ECS), officers, directors, managers, employees and agents against any claims arising out of: (i) a claim that the use by Styleclick as permitted by this Agreement of any SportsLine Furnished Item violates or infringes upon the alleged trademark, copyright or other right of a third party in or to such SportsLine Furnished Item; and (ii) any breach of this Agreement or any representation herein by the ECS; provided that the ECS is given prompt notice of, and shall have the option, at its sole cost and expense, to undertake and conduct
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the defense of any such Claim. In any instance to which such indemnities pertain, (A) ECS shall keep Styleclick fully advised of all developments pertaining to such Claims and shall not enter into a settlement of such Claim that would adversely affect Styleclick, including admitting any liability or fault, without Styleclick's prior written approval and (B) Styleclick shall cooperate fully with and assist ECS in all respects in connection with any such defense. ECS shall reimburse Styleclick for all reasonable out-of-pocket costs actually incurred by Styleclick in connection with such cooperation and assistance.
6.11 Limitation of Liability. In the event of any breach of this Agreement by any party, the amount of any claim of loss by any other party or by any of their Affiliates shall be limited to actual and direct damages, other than as set forth in the following sentence. EXCEPT FOR BREACHES ARISING FROM WILLFUL MISCONDUCT OR GROSS NEGLIGENCE, IN NO EVENT SHALL ANY PARTY OR ANY OF THEIR AFFILIATES BE LIABLE FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES FOR BREACH OF THIS AGREEMENT, INCLUDING LOST PROFITS. Neither occasional short-term interruptions of service which are not unreasonable under comparable industry standards nor interruptions of service resulting from events or circumstances beyond Styleclick's or ECS's reasonable control (which, in any case, have caused comparable interruptions to Styleclick's other businesses or to ECS's other businesses (as the case may be)) shall be cause for any liability or claim hereunder, nor shall any such occasion render Styleclick or ECS in default under this Agreement.
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IN WITNESS WHEREOF, ECS and Styleclick each has caused this Agreement to be executed and delivered by its duly authorized officer as of the date first set forth above.
ECS SPORTS FULFILLMENT LLC, | |||
by |
/s/ XXXXXX XXXXXX |
||
Name: | Xxxxxx Xxxxxx | ||
Title: | |||
STYLECLICK, INC. |
|||
by |
/s/ XXXXX XXXX |
||
Name: | Xxxxx Xxxx | ||
Title: | EVP |
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"Affiliate" means, with respect to a party, any person or entity that controls, is controlled by, or is under common control with such party, where "control" means ownership of, or voting rights over, fifty percent (50%) or more of the outstanding voting securities or the power to direct or cause the direction of management of such party, person, or entity, whether through voting securities, by contract, or otherwise (but only as long as such person or entity meets these requirements).
"Intellectual Property Rights" means any and all now known or hereafter known tangible and intangible (a) rights associated with works of authorship throughout the universe, including but not limited to copyrights, moral rights, and mask-works, (b) trademark, trade dress and trade name rights and similar rights, (c) trade secret rights, (d) patents, designs, algorithms and other industrial property rights, (e) all other intellectual and industrial property rights of every kind and nature throughout the universe and however designated (including domain names, logos, "rental" rights and rights to remuneration), whether arising by operation of law, contract, license, or otherwise, and (f) all registrations, initial applications, renewals, extensions, continuations, divisions or reissues hereof now or hereafter in force (including any rights in any of the foregoing).
"Launch" means, with respect to the SportsLine Store, that time following the Transition Date when the CBS SportsLine-branded SportsLine Store to be built and hosted by Styleclick is generally accessible to Internet users at the URL co-branded with the CBS SportsLine logo, in compliance with the terms and conditions of this Agreement.
"SportsLine Content" means any and all content or information owned or controlled (e.g., by license or otherwise) by SportsLine or its Affiliates and furnished by SportsLine or its Affiliates to ECS or Styleclick in connection with the SportsLine Store or otherwise in connection with the performance of its obligations under the Underlying Agreement.
"SportsLine-Furnished Item" means any SportsLine Content, any trademark, service xxxx, trade name, URL, domain name, trade dress, proprietary logo or insignia (collectively "Trademarks") of SportsLine, and the look and feel of the SportsLine Web Site, that (a) is owned or controlled (e.g., by license or otherwise) by SportsLine or its Affiliates, as the case may be, and (b) is furnished by SportsLine for use in connection with the activities contemplated by the Underlying Agreement. SportsLine-Furnished Items includes, without limitation, any adaptation, modification, improvement or derivative work of any SportsLine-Furnished Item that is developed by either party or jointly by the parties.
"SportsLine Store" means the online store of Xxxxxxxxxx.xxx, located at those Web pages accessible at the URL xxxx.xxxxxxxxxx.xxx (and any successor or replacement Web site, if any)
"SportsLine Web Site" means all pages under the "sportsline" second-level domain (e.g., xxxxxxxxxx.xxx or xxx.xxxxxxxxxx.xxx) currently known as the "CBS SportsLine" Web site (and any successor or replacement Web site, if any, designated by ECS or SportsLine).
"Transition Date" means the date on which the initial SportsLine Store to be managed by Styleclick (the "Short-Term SportsLine Store") is first made available to the public on the Internet pursuant to this Agreement, which date shall be no later than twenty-one (21) business days following the Effective Date.
"URL" means uniform resource locator.
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Notwithstanding the following terms, all services performed hereunder shall be, at minimum, consistent with those set forth in the Underlying Agreement, the applicable material terms of which have been provided to and agreed to by Styleclick.
1. Development Services:
Development. Styleclick, in consultation with ECS, shall develop, build and host a new SportsLine Store in accordance with this Agreement and the reasonable specifications determined by ECS and SportsLine, which shall include, among other things, technical, reporting and functional capabilities, operational standards, content guidelines, "look and feel" and other relevant attributes and redesign commitments set forth in the Underlying Agreement (the "Specifications"). Styleclick shall convert, input or otherwise format as necessary all SportsLine-Furnished Items and other content supplied by SportsLine to be included in the SportsLine Store pursuant to the Specifications. ECS has secured or will secure the agreement of SportsLine to deliver to ECS, or provide ECS access to, and ECS agrees to deliver to Styleclick, or provide Styleclick access to, all SportsLine-Furnished Items necessary for use in the SportsLine Store to be developed and built, including photographs, text, images and other graphics currently or previously included therein.
Launch. Commencing on the Transition Date and continuing during the Term, Styleclick shall Launch and operate the SportsLine Store and will assume responsibility, at its own expense, for certain aspects of the design, hosting, operation and ongoing maintenance of the SportsLine Store as set forth herein; provided that (i) Styleclick is provided with all necessary SportsLine-Furnished Items as contemplated hereunder, (ii) ECS maintains overall control and responsibility for delivery thereof and (iii) SportsLine does not unreasonably withhold its approval as provided for hereunder:
Service Levels.
Styleclick will meet the operational and customer service standards set forth in the Underlying Agreement.
2. License:
Subject to the terms and conditions of this Agreement, Styleclick grants to ECS a non-transferable and non-exclusive license (the "License") to utilize the software assets (the "Software") listed immediately below for the duration of this Agreement. Pursuant to the License the Software may be used solely for internal data processing of operations of the SportsLine Store and may not be used to process the data of others, or as a service bureau, time share facility or otherwise. The Software shall consist of the following elements which comprise the Styleclick Chicago platform:
- •
- E-Commerce
engine
- •
- Merchandising
application
- •
- Customer
Service application
- •
- Web-based
Supplier Interface application
- •
- File
Exchange application
- •
- Reporting application
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3. Operations Services:
The Operations Services shall consist of an allocation of the following resources to the support, enhancement and operation of the SportsLine Store. In the event that operations, customization and enhancement requests (other than those contemplated hereunder or by the Underlying Agreement) cause the monthly resource allocation in any one area to exceed the allocated amount of Full Time Equivalents ("FTEs") set forth below, ECS will pay Styleclick at a 15% discount to Styleclick's standard hourly rate for services rendered. The Styleclick project manager for the SportsLine Store will monitor the hours worked by each area throughout the month and will proactively notify ECS in the event of an expected over-run on the allocated FTEs for the month. All Styleclick time is currently tracked via the Xxxxxxx XX Time Keeper software. In the future Styleclick will track time via Xxxxxxx XX Time Keeper or a similar such product such as Microsoft Project.
|
SPLN |
|
---|---|---|
Position |
Operate (FTEs) |
|
Project Manager | 0.50 | |
Creative Designer | 0.50 | |
Web Content Developer + Editorial | 0.50 | |
Photographer / Image Editor | 0.50 | |
Application Developer | 0.75 | |
Merchandising Integrator | 0.50 | |
Fulfillment Integrator | 0.50 | |
Logistics Integration | 0.50 | |
Customer Service Integrator | 0.20 | |
Finance Integrator | 0.25 | |
Web / System Integrator | 0.33 | |
Total FTE | 5.03 |
Position |
Hourly Rate for Services |
||
---|---|---|---|
Project Manager | $ | 165.00 | |
Creative Designer | $ | 105.00 | |
Web Content Developer | $ | 90.00 | |
Photographer / Image Editor | $ | 82.00 | |
Application Developer | $ | 125.00 | |
Merchandising Integrator | $ | 132.00 | |
Fulfillment Integrator | $ | 105.00 | |
Logistics Integration | $ | 90.00 | |
Customer Service Integrator | $ | 82.00 | |
Finance Integrator | $ | 82.00 | |
Web / System Integrator | $ | 125.00 |
- 4.
- Maintenance Services: The Maintenance Services shall consist of maintaining and improving the Licensed applications
mentioned in Section 2 above.
- 5.
- Customer Service: Styleclick shall provide such Customer Service to users of the SportsLine Store as reasonably requested
by ECS and consistent with the terms of the Underlying Agreement.
- 6.
- Reporting: Styleclick shall provide such reporting to ECS and SportsLine as reasonably required by ECS and consistent with the terms of the Underlying Agreement.
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- 1.
- Development Fee: The fee for the Development Services shall be waived.
- 2.
- License Fee: The fee for the License shall be a one-time fee of $116,000 which shall be due and payable by ECS
to Styleclick upon the successful "Launch" of the Sportsline store on the Styleclick Chicago platform.
- 3.
- Operations Fee: The fee for the Operations Services shall be a monthly fee of $73,000 which shall be due and payable within
30 days of the end of each month during the term of the Agreement following the Launch Date.
- 4.
- Maintenance Fee: The fee for the Maintenance Services shall be a yearly fee of $50,000, which shall be due and payable in
advance of each calendar year during the term of the Agreement.
- 5.
- Customer Service Fee: The fee for the Customer Services shall be a monthly fee of 103% of the cost to Styleclick of
providing such services. Such fees shall be due and payable with respect to a month within 30 days of the end of such month.
- 6.
- Increase of Fees: All fees and other prices set forth in this Exhibit C shall be adjusted at the beginning of each
Renewal Period by the CPI Adjustment and/or any other cost increases that may be substantiated by Styleclick (e.g. increases in hosting, bandwidth or salary costs). The "CPI Adjustment" shall equal
the percentage by which the Consumer Price Index for All Urban Consumers (CPI-U) for the U.S. City Average for All Items has increased or decreased for the month of December of the then
ending calendar year as compared to the month of December of the previous calendar year. In the event that ECS is unwilling to agree to renew the Agreement based on an Increase of Fees related to
costs increases that have been substantiated by Styleclick, ECS and Styleclick will arrange for a mutually agreeable transition to another provider.
- 7.
- Taxes. All fees above are exclusive of any taxes, duties, fees or other government levies or charges.
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AMENDED AND RESTATED SERVICES AGREEMENT
EXHIBIT A DEFINITIONS
EXHIBIT B SERVICE TERMS
EXHIBIT C PAYMENT TERMS