EXHIBIT 10.24 February 24, 1999 CONFIDENTIAL ------------ Gerard Klauer Mattison & Co., Inc. 529 Fifth Avenue NewYork, NY 10017 Attention: Dominic A. Petito Senior Managing Director Ladies and Gentlemen: In connection with the engagement of Gerard...Indemnification Agreement • September 13th, 1999 • Euniverse Inc • Retail-record & prerecorded tape stores • New York
Contract Type FiledSeptember 13th, 1999 Company Industry JurisdictionIn connection with the engagement of Gerard Klauer Mattison & Co., Inc. ("Gerard Klauer") by Entertainment Universe, Inc. and Brad Greenspan (collectively the "Company"), as more fully set forth in the engagement agreement dated February 24, 1999 (the "Financial Services Agreement"), and further recognizing that Gerard Klauer's, role is as agent, the Company agrees to indemnify and hold harmless Gerard Klauer and its affiliates, the respective officers, directors, agents, representatives and employees of each of the foregoing, and each other person controlling Gerard Klauer or any of its affiliates, within the meaning of either Section 15 of the Securities Act of 1933, as amended, or Section 20 of the Securities Exchange Act of 1934, as amended (collectively, the "Indemnified Parties"), from and against any losses, claims, damages, expenses and liabilities (or actions in respect thereof), joint or several, relating to, arising in any manner from, or based upon, any transaction contempl