[LETTERHEAD]
December 9, 1998
Xx. Xxxxx Xxxxxxx
President
Web Xxxxxx Media Link
0000 X. Xxxxx, Xxxxx 000
Xxxxxxxxx, Xxxxxxxx 00000
Dear Xxxxx,
Thank you for your proposal to develop and implement the Netgateway Cable
Television MSO Affiliate Program. We would like to accept the proposal under
the following terms:
- Ninety day consulting agreement, commencing December 14, 1998
- $3,600 per month
- 5,000 shares restricted 144 rule Netgateway stock
- Bonus 5,000 shares upon signing a top 5 cable company to the program
Based on our initial conversation and your proposal, we will expect to
receive a completed multimedia presentation and schedule initial MSO meetings
in January.
We look forward to working with you in creating a successful MSO program.
Best Regards,
/s/ Xxxx Xxxxxxxx
Xxxx Xxxxxxxx, VP - Business Development
Netgateway, Inc.
/s/ Xxxxx Xxxxxxx
Web Xxxxxx Media Link
