RECITALSCooperation and Framework Agreement • August 11th, 2000 • I Link Inc • Telegraph & other message communications • New York
June 30, 2000 Red Cube International AG Foerrlbuckstrasse 178, 8005 Zurich, Switzerland Gentlemen: In order to clarify certain provisions of the Cooperation and Framework Agreement entered into by and between Red Cube International AG, a Swiss...I Link Inc • August 11th, 2000 • Telegraph & other message communications
In order to clarify certain provisions of the Cooperation and Framework Agreement entered into by and between Red Cube International AG, a Swiss corporation ("Redcube") (formerly know as Cyber Office International AG, a Swiss corporation), and I-Link Incorporated, a Florida corporation ("I-Link"), dated as of May 8, 2000, as amended (the "Framework Agreement"), and the Revenue Sharing Agreement entered into by and between Redcube and I-Link, dated as of June 30, 2000 (the "Revenue Sharing Agreement"), we understand that the $10 million Service Prepayment (as defined in the Framework Agreement) to be paid by Redcube in consideration for services to be performed and/or provided by I-Link after the completion of Milestone No. 1 (as defined in the Framework Agreement") is to be credited against the cost of such services performed and/or provided by I-Link pursuant to the Revenue Sharing Agreement. To the extent the Service Prepayment credit has not been fully utilized by Redcube by June 30
RECITALSRevenue Sharing Agreement • August 11th, 2000 • I Link Inc • Telegraph & other message communications • New York
