CONSULTANT AGREEMENT
Date. August 9, 1999
Suite Power Inc. PowerClick Nevada)
To: eConnect Inc. (OTC:BB: ECNC)
Re: eConnect Internet Auction Development
and On line Xxxx xxxx Campaign.
Attn. Xxx Xxxxxx:
This letter is to serve as announcement of
PowerClick's intent and agreement to enter into a
business arrangement with the company eConnect
regarding the providing to eConnect various
Internet and eCommerce related Services listed as
follows:
PowerClick has agreed to create design, build,
maintain, and promote an Internet Auction site for
eConnect.
1. PowerClick promises to create and build a
highly interactive auction site at the Internet
web address xxx.xXxxxxxxXxxxxxxx.xxx and
xxx.xXxxxxxxXxxxxxx.xxx both pointing to the same
site.
2. PowerClick promises, to maintain this auction
site by hosting this eBussiness and providing 24-
hour technical support customer service,
technology upgrades and going service and
maintenance
3. PowerClick ahs agreed to promote this Auction
site by driving Internet traffic to this
destination
4. PowerClick his agreed to promote the
eSportsbet subsidiary by driving traffic to this
site.
5, PowerClick has agreed to design, maintain and
promote the company profile/investor /relation
site of eConnect.
All relative and pertinent information regarding
eConnect including, but not limited to, Company
profile, press releases, contact names and request
for information will be hosted and maintained by
PowerClick. Included, PowerClick promises to
provide Intenet traffic to this eConnect investor
site.
This agreement is subject to the following
financial terms and coditions:
I. eConnect Auction design and build-out:
$60,000.00.
Includes custom graphical inteface database
management, integration on server domain name
service, etc.
II. Monthly hosting, maintenance and service:
$5,000 per month x 6 months = $30,000.
Includes product sourcing, deve1opment of
strategic relationships with other web sites, web
site
updates, upload of product listings with complete
browser based reporting.
III. Traffic direction to eConnect Auction site:
300,000 clicks @ $0.10 click = $30,000.
Monthly, PowerClick will xxxx a flat $0.10 per for
traffic beyond 300,000 clicks.
Powerclick will build, track and report web
traffic to eSportBet,
IV. Traffic direction to eSportBet: 50,000
clicks @ $0.10 = $5,000.
Monthly, Powerlick will xxxx a flat $0.10 per for
traffic beyond 50,000 clicks.
PowerClick will build, track and report Web
traffic to to eSportBet.
V. Design, build and host eConnect Investor Site:
No Charge.
I million Clicks over 6 months: 1,000,000 clicks
@ $0.025 = $25.000.
Powerclick will build a complete Investor
Relations web site for eConnect, direct traffic
to,
host and maintain the IR web site and give full
reporting to eConnect.
VI. Provision of applicable domain names starting
with xxx.xXxxxxxxxXxxxxxx.xxx: No charge.
The Total package for the above listed items and
services is equal to $185,000.
Payment:
Payment is requested as follows:
250,000 free trading shares of eConnnect,
purchased at $0.01 per share. This amount of
shares is equal to $92,000 at the average previous
60 day trading average of $0.35 per share.
This mutual hedge will both protect eConnect in
that PowerClick will continue to have a strong
vested interest to continue to perform and provide
any and all necessary service that will benefit
eConnect. This collateral will also serve to
protect PowerClick in the event that a situation
may occur, not involving the PowerClick/eConnect
relationship that will hamper the eConnect common
stock price.
This contact will be considered invalid within 5
business days from above date, unless duplicate
signed copies of this agreement are received as
signed confirmation of this mutual arrangement.
It is mutually agreed and understood that should
!he project assigned to PowerClick by eConnect be
terminated for any valid reason, by either party
before completion compensation will be prorated
according to the portion of the preprartion
completed.
When PowerClick receives this signed letter of
intent and agreement, PowerClick wiJI consider it
binding and PowerClick will commence work on the
agreed upon project outlined above and in the time
frame outlined herein.
Both signed parties should keep this signed
contract on file in the event there is a problem
in the future.
Please note that there is a 30 day written
notification cancellation clause in this contract.
We await a prompt response and look forward to a
long and prosperous personal and business
relationship.
eConnect
By: /s/ Xxxxxx X. Xxxxxx
Date: August 9, 1999
Xxxxxx X. Xxxxxx, Chairman
and Chief Executive Officer
Powerclick
By: /s/ Xxxxxxxxx Xxxxxxx
Date: August 9, 1999
Xxxxxxxxx Xxxxxxx, President
