0000926331-99-000016 Sample Contracts

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SOFTWARE PUBLISHING CORPORATION HOLDINGS, INC. 3A Oak Road Fairfield, New Jersey 07004 July 1, 1999 Seafish Partners C/o Estudio Chimel Avenue Luis Maria Campos #799 1426 Capital Federal Buenos Aires, Argentina Re: Class C 11% Cumulative...
Redemption Agreement • July 15th, 1999 • Software Publishing Corp Holdings Inc • Services-prepackaged software

This letter confirms that as of the date hereof, Software Publishing Corporation Holdings, Inc. ("SPCH" or the "Company") has agreed with Seafish Partners ("Seafish") that should SPCH call for redemption of any shares of its Class C Preferred Stock (the "Redemption"), pursuant to Section 5 of the certificate of designations relating thereto, within forty-five (45) calendar days of this agreement, Seafish will purchase from the Company with the proceeds from the Redemption the number of shares of Xceed, Inc. common stock the Company owns equal to the quotient of the Redemption amount received by Seafish divided by $18.44 per share of Xceed, Inc. common stock.

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