[Logo Omitted]
Memo
To: Xxxxxxxxx.xxx Corporation; Xxxxxxxxx.xxx Sales, Inc.
From: Xxxxx Xxxxxx
CC:
Date: 01/02/99
Re: Agreement
Service Agreement
This is to confirm that both parties agreed today that Xxxxxxxxx.xxx
Corporation outsources all operations to Silicon Channels Corporation dba
Xxxxxxxxx.xxx Sales, Inc.. Xxxxxxxxx.xxx Sales, Inc. will receive a 50%
split of the net income (before income taxes) generated from operating
the Xxxxxxxxx.xxx web site and its business.
This agreement shall become effective on January 1, 1999. This agreement
replaces the existing contract dated October 10, 1998.
/s/ X. Xxxxxx
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Xxxxx Xxxxxx
President
Silicon Channels Corporation dba Xxxxxxxxx.xxx Sales, Inc.
/s/ X. Xxxxxx
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Xxxxx Xxxxxx
Chairman and Chief Executive Officer
Xxxxxxxxx.xxx Corporation
January 2, 1999
