Exhibit
10.5
 
 
 **AGGREGATOR
AGREEMENT**
 
 This
Aggregator Agreement (this “ **Agreement** ”) is
entered into as of January 1, 2005 (“ **Effective
Date** ”), by
and between Bankrate, Inc., a Florida corporation (“ **Bankrate** ”), with
its principal place of business at 11760 U.S. Highway One, 5 th Floor,
North Palm Beach, Florida, and iHomeowners, Inc., a California corporation
(“ **iHomeowners** ”), with
its offices at 24003 Ventura Boulevard, Building A, Calabasas, CA 91302.
  **RECITALS:**
  **A.**  iHomeowners,
among other things, is a mortgage data lead aggregator that collects information
from and about potential mortgage applicants and provides such information to
mortgage lenders and other third parties.
  **B.**  Bankrate
owns and operates http://www.bankrate.com , the
Internet's leading consumer banking marketplace.
  **C.**  Bankrate
and iHomeowners desire to create Co-branded Landing Pages (as defined below)
hosted, operated and maintained by iHomeowners.
  **NOW,
THEREFORE,** in
consideration of the mutual covenants and promises recited below, Bankrate and
iHomeowners, intending to be legally bound, hereby agree as
follows:
  **1.**  **Definitions** . The
following terms shall have the following meanings for the purpose of this
Agreement:
  A.  **Advertisements** means
iHomeowners’ banner, poster, island and skyscraper graphic advertisements to be
placed on the Bankrate Internet Site.
  B.  **Advertising
Impression** means
the one-time display of a graphic advertisement on an electronic site on the
Internet or an on-line service.
  C.  **Bankrate
Brand Marks** means
Bankrate’s trademarks, trade names, service marks, logos and designations listed
on Schedule
A .
  D.  **Bankrate
Internet Site** means
any electronic site on the Internet or any on-line service where Bankrate
collects revenue for Advertising Impressions, including, without limitation,
Bankrate’s network of co-branded web sites and the Bankrate web site whose URL
is . The
Bankrate web site includes, without limitation, a national database of consumer
bank rates, yields and fees, as well as all news, articles, tips and calculators
for the following product areas: mortgages; credit cards; automobile loans;
savings; checking; ATMs; home equity loans; online banking; small business;
money market; personal loans; taxes; and investing.
  E.  **Bankrate
IP Rights** means
Bankrate’s present or future copyrights, trademarks, trade secrets, service
marks, patents and any other intellectual property rights.
  F.  **Bankrate
Materials** means
any content or materials that may be provided by Bankrate, in its sole
discretion, for inclusion in the Co-branded Landing Pages.
  G.  **Cause** means
  (i)  Except as
described below, any material breach of this Agreement by either Bankrate or
iHomeowners, which breach is not remedied within thirty (30) days following the
breaching party’s receipt of written notice of such breach, and
  (ii)  a
material breach of Section 8(A), 8(C), 9, or 10.
   1
 
 H.  **Co-branded
Landing Pages** means
the co-branded web pages developed pursuant to this Agreement to which Users are
directed to when clicking on any Advertisement, that requests Users to provide
information.
  I.  **CPM** means
cost per thousand Advertising Impressions.
  J.  **Gross
Revenues** means
the number of Salable Leads multiplied by the average consideration received or
receivable by iHomeowners arising from, connected with or related to the sale of
all Salable Leads. Gross Revenues shall be calculated on an accrual, not cash,
basis for purposes of this Agreement, and iHomeowners shall be responsible for
all bad debt and uncollectible accounts.
  K.  **Impression
Channel** means
all product channels, throughout the Bankrate Internet Site, as determined by
Bankrate in accordance with its standard policies, including the Mortgage, Home
Page, Calculator and Run of Site channels listed on Schedule
B .
  L.  **iHomeowners
Affiliated Entity** means
iHomeowners or any of its parents, subsidiaries or affiliates.
  M.  **iHomeowners
Brand Marks** means
iHomeowners’ trademarks, trade names, service marks, logos and designations
listed on Schedule
A .
  N.  **iHomeowners
Web Sites** means
iHomeowners’ website, whose current URL includes
http://www.loanweb.com .
  O.  **Salable
Lead** means
the following:
  (i)  any
Co-branded Landing Page completed in sufficient detail such that any iHomeowners
Affiliated Entity is able to generate revenue from the User information provided
on the Co-branded Landing Page by providing such User information to a mortgage
lender, other lender or to another iHomeowners Affiliated Entity;
and
  (ii)  any
Co-branded Landing Page completed in sufficient detail such that the User
information may be utilized by any iHomeowners Affiliated Entity in a manner
similar to those third parties from which a iHomeowners Affiliated Entity would
ordinarily generate revenue by providing such User information under Section
1(O)(i), above.
  (iii)  iHomeowners
will not redirect any User to any website other than to an iHomeowners
Affiliated Entity.
  P.  **URL** means
Uniform Resource Locator, the unique text address for information located on the
Web.
  Q.  **Users** means
any and all persons who access the Co-branded Landing Pages or are otherwise
linked to a iHomeowners Affiliated Entity Web site through
Advertisements.
  R.  **Web** means
the World Wide Web.
  2.  **Term** . The
term of this Agreement (the “Term”) shall commence at 12:00:01 AM Eastern Time
on January 1, 2005, and, unless terminated earlier in accordance with this
Agreement, shall continue until the later of (A) 11:59:59 PM Eastern Time on
December 31, 2005, or (B) such time as Bankrate delivers the total number of
Advertising Impressions specified on Schedule
B .
  3.  **Delivery
of Advertising Impressions** .
Bankrate shall deliver to iHomeowners the number of Advertising Impressions,
based on Advertisement and Impression Channel, set forth on Schedule
B .
iHomeowners acknowledges that, despite Bankrate’s efforts to deliver Advertising
Impressions as evenly in number as possible throughout the Term, fluctuations in
the number of Advertising Impressions delivered by Bankrate are likely to occur
due to, among other things, seasonality and traffic spikes on the Bankrate
Internet Site. The content and specifications of Advertisements and Impression
Channels are subject to Bankrate’s standard placement policies.
  A.  **Bankrate
Advertisement and Impression Channel Adjustments** . **** Bankrate
may, in its discretion, adjust up or down the location and/or position of
Advertisements, Impression Channels, or both, by a maximum of [*] percent
([*]%) from the levels detailed on Schedule
B ;
however, in any calendar month, bottom banners will not exceed [*] percent
([*]%) of the total monthly Advertising Impressions to be delivered as indicated
on Schedule
B .
  [*] Blank spaces contained confidential information that has been
filed separately with the Securities and Exchange Commission pursuant to Rule
24b-2 under the Securities Exchange Act of 1934, as amended.

2

B.**Bankrate
Advertisement and Impression Channel Substitutions**.****To the
extent Bankrate and iHomeowners determine, in good faith, that the conversion
rate of Salable Leads per Advertisement or per Impression Channel are materially
similar, Bankrate may, in its reasonable discretion, substitute one
Advertisement or Impression Channel with another of a materially similar
conversion rate.

Notwithstanding
Bankrate’s rights pursuant to Sections 3(A) and 3(B), the total number of
Advertising Impressions delivered during the Term as provided onSchedule
Bshall
not change.

4.**Payment**.

A.**CPM
and Variable Rate Payments**.
iHomeowners shall pay Bankrate the following: (i) a fixed rate of**$[*]******during
the Term; and (ii) a variable rate of**$[*]**during
the Term.

B.**Payment
Due**.
iHomeowners shall pay all amounts due Bankrate no later than the last day of the
month following the month in which (i)**[*]**and (ii)**[*]**.

C.**iHomeowners
Will Not Accept Non-cash Consideration**.
iHomeowners will not accept non-cash consideration for Salable
Leads.

D.**If
iHomeowners Does Not Pay When Due, Bankrate is Entitled to Interest and
Collection Costs**. If
iHomeowners does not make payment when due under this Section 4, interest at the
rate of eighteen percent (18%) per annum, calculated from the date which such
unpaid amounts should have been paid, shall accrue and be owed to Bankrate.
iHomeowners shall also pay Bankrate all collection expenses incurred by
Bankrate, including costs and reasonable attorneys' fees, whether or not
Bankrate is required to commence formal legal action under this Agreement.

5.**Co-branded
Landing Pages; Advertisements**.

A.**Creation
and Maintenance of Co-branded Landing Pages**.
iHomeowners shall create and maintain the Co-branded Landing Pages. The
Co-branded Landing Pages shall incorporate and integrate the iHomeowners Brand
Marks, the Bankrate Brand Marks and the Bankrate Materials. Bankrate and
iHomeowners shall mutually agree upon the design, contents and all other
elements of the Co-branded Landing Pages. iHomeowners shall not make any changes
to the Co-branded Landing Pages, Bankrate Brand Marks or the Bankrate Materials
without Bankrate’s prior written consent. The Co-branded Landing Pages shall be
accessible via the Bankrate Internet Site.

B.**Notice
of Ownership and Operation**. The
Co-branded Landing Pages shall contain mutually agreed upon notices and
disclaimers (or link to such notices and disclaimers), in a manner and using
language reasonably satisfactory to Bankrate. The notices and disclaimers shall
also provide an e-mail address for iHomeowners to receive comments, questions
and complaints from Users, as detailed in Section 5(H) below.

C.**Ownership;
Responsibility for Co-branded Landing Pages**. Except
with respect to Bankrate Brand Marks and the Bankrate Materials, iHomeowners
shall retain all rights of ownership over the Co-branded Landing Pages.

D.**Operation
and Maintenance of the Co-branded Landing Pages**.
iHomeowners shall include links to allow Users to either access or return to
Bankrate Internet Sites from the Co-branded Landing Pages. Bankrate shall
approve such links.

E.**Notices
and Disclaimers**.
iHomeowners shall comply with Bankrate’s reasonable requirements with respect to
notices, disclaimers and legends that Bankrate may require iHomeowners to
include on the Co-branded Landing Pages, and any copies, extracts, etc., that
may be derived from the Bankrate Materials.

F.**Users
shall Comply with Privacy Policies of Both Bankrate and
iHomeowners**.
Bankrate and iHomeowners shall ensure that when a User submits information on
the Co-branded Landing Pages, the User must agree to comply with both
iHomeowners’ and Bankrate’s respective privacy policy.

[*]Blank
spaces contained confidential information that has been filed separately with
the Securities and Exchange Commission pursuant to Rule 24b-2 under the
Securities Exchange Act of 1934, as amended.
3

G.**Advertisements
on Co-branding Landing Pages**.
Advertisements on the Co-branded Landing Pages may only be sold upon the mutual
consent of Bankrate and iHomeowners.

H.**Customer
Support**. All
customer or technical support inquiries shall be directed to an e-mail address
specified by iHomeowners on the Co-branded Landing Pages. iHomeowners shall
handle all associated first-line customer and technical support for Users.
iHomeowners shall respond to all User comments, questions and complaints
promptly and in a courteous and professional manner.

I.**Project
Managers**. Each of
Bankrate and iHomeowners shall designate a project manager, who shall be the
other party’s primary contact under this Agreement. Either Bankrate or
iHomeowners may change its project manager by providing notice to the other
party.

J.**Hosting
of the Co-branded Landing Pages**.
iHomeowners shall be responsible for hosting, serving and maintaining the
Co-branded Landing Pages, including arranging all hardware and software and
communications links.

K.**iHomeowners
Shall Provide Information Necessary to Deliver
Advertisements**.
iHomeowners shall provide all information necessary for Bankrate to complete the
Advertisements and deliver the Advertising Impressions detailed onSchedule
B.

6.**Reports
Provided by iHomeowners; iHomeowners’ Access to Advertisement Serving System;
Bankrate’s Use of User Information**.

A.**Bi-Weekly
Reports**. Every
other Monday, or, if any such Monday is a federal holiday, the next regular
business day thereafter, iHomeowners shall provide a report to Bankrate, in a
format to be mutually agreed upon by Bankrate and iHomeowners. Such report shall
specify the Gross Revenues and the number of Users and Salable Leads for the
most-recently completed bi-weekly period prior to delivery of such report and
the methodology iHomeowners used to determine the average consideration received
or receivable by iHomeowners arising from, connected with or related to the sale
of all Salable Leads.

B.**Monthly
Reports**. On the
10thday of
each month, or, if the 10thday is
not a business day, the next regular business day thereafter, iHomeowners shall
provide a monthly report to Bankrate, in a format to be mutually agreed upon by
Bankrate and iHomeowners. Such report shall specify the Gross Revenues and the
number of Users and shall provide Bankrate [*] information collected [*] for the most-recently completed month prior to delivery of such
monthly report and the methodology iHomeowners used to determine the average
consideration received or receivable by iHomeowners arising from, connected with
or related to the sale of all Salable Leads.

C.**iHomeowners’
Access to Bankrate's Advertisement Serving System**.
Bankrate shall provide iHomeowners with Internet access to its advertisement
serving system that will permit iHomeowners to view the number of Advertisements
served by Bankrate pursuant to this Agreement.

D.**Bankrate
Use of User Information**.
Bankrate shall not utilize any information collected [*] to Users. Bankrate
shall not market any other services or otherwise utilize any User information
collected [*], except for an e-mail seeking permission to subscribe for
distribution of newsletters published by Bankrate, for a period of [*] ([*]) days
after such User information was submitted to iHomeowners by the
User.

7.**Audit
of Information**. During
the Term and for up to one (1) year thereafter, Bankrate and its designees may
inspect and/or audit iHomeowners’ business records, on reasonable prior notice,
during regular business hours to (A) determine if iHomeowners is maintaining
accurate business records, accounts, books, data and reports related to this
Agreement and the Co-branded Landing Pages, and (B) to confirm the accuracy of
all amounts payable by iHomeowners to Bankrate pursuant to this Agreement. If
such inspection and/or audit reveals that iHomeowners has understated Variable
Rate payments owed pursuant to Section 4 by**[*] percent ([*]%)**********or more,
then iHomeowners shall immediately pay the reasonable cost of such audit and/or
inspection, including the cost of outside auditors and counsel if incurred by
Bankrate. iHomeowners shall also immediately pay Bankrate all amounts due to
Bankrate pursuant to Section 4 (whether or not such understatement is at least**[*] percent ([*]%)**), and
interest at the rate of eighteen percent (18%) per annum, calculated from the
date which such unpaid amounts should have been paid. The making by iHomeowners
of any payment provided for in this Section 7 shall not be deemed to cure
iHomeowners’ defaults arising out of any understatement or other violation of
this Agreement.

[*]Blank
spaces contained confidential information that has been filed separately with
the Securities and Exchange Commission pursuant to Rule 24b-2 under the
Securities Exchange Act of 1934, as amended.


4

8.**Proprietary
Rights and License**.

A.**Grant
of Bankrate License**.
Bankrate hereby grants iHomeowners a worldwide, non-exclusive, royalty-free
license to display the Bankrate Brand Marks and the Bankrate Materials on the
Co-branded Landing Pages. iHomeowners’ use of the Bankrate Brand Marks and
Bankrate Materials on the Co-branded Landing Pages is subject to Bankrate’s
prior approval and the terms and conditions of this Agreement.

B.**iHomeowners
Shall Have No Rights to the Bankrate Brand Marks or Bankrate Materials Other
Than the Bankrate License**.****iHomeowners
acknowledges that iHomeowners’ use of the Bankrate Brand Marks and Bankrate
Materials shall not create in iHomeowners, nor shall iHomeowners represent it
has, any right, title or interest in or to the Bankrate Brand Marks and Bankrate
Materials other than the license granted by Bankrate in Section 8(A).
iHomeowners shall not challenge the validity of or attempt to register any of
the Bankrate Brand Marks and Bankrate Materials or its interest therein as a
licensee. iHomeowners acknowledges Bankrate’s right to use the Bankrate Brand
Marks and Bankrate Materials and agrees that all goodwill arising as a result of
the use of the Bankrate Brand Marks and Bankrate Materials by iHomeowners shall
inure to the benefit of Bankrate.

C.**Bankrate’s
Right to Revoke the Bankrate License**. Should
Bankrate find objectionable any use of the Bankrate Brand Marks and Bankrate
Materials by iHomeowners, Bankrate shall have the right to revoke, with respect
to the objectionable use, the rights granted to iHomeowners under this Agreement
to use the Bankrate Brand Marks and Bankrate Materials, and iHomeowners shall
immediately cease using the Bankrate Brand Marks and Bankrate Materials in the
manner found objectionable by Bankrate.

D.**iHomeowners
May Not Sublicense the Bankrate License**.
Notwithstanding anything in this Agreement to the contrary, iHomeowners shall
not be permitted to sublicense the license granted by Bankrate to iHomeowners in
this Agreement to any other party without Bankrate’s prior written
consent.

9.**Confidentiality**.****

A.**Proprietary
Information**. Either
iHomeowners or Bankrate may disclose to the other certain non-public
information, technical and other business information of the disclosing party
that the disclosing party identifies in writing or orally during disclosure as
“Confidential” or “Proprietary” or which the receiving party has reason to
believe is treated as confidential by the disclosing party (“Proprietary
Information”). Bankrate and iHomeowners agree that the terms and conditions
(including economic, legal and other terms) of this Agreement and any agreement
referred to in this Agreement constitute Proprietary Information.

B.**Nondisclosure
of Proprietary Information**. The
party receiving Proprietary Information shall use such information solely in
conjunction with its performance under this Agreement and shall not disclose or
otherwise use such information in any other fashion during the Term and for two
(2) years thereafter.

C.**Exception
to Nondisclosure of Proprietary Information**. The
receiving party shall not be required to keep confidential such Proprietary
Information that becomes generally available to the public without fault on its
part; is already rightfully in the receiving party’s possession without
restriction prior to its receipt from the disclosing party; is independently
developed by the receiving party; or is rightfully obtained by the receiving
party from third parties without restriction. Each party also may disclose
Proprietary Information (i) to the extent required by law, court order or
regulation, provided that the receiving party shall provide the disclosing party
with written notice prior to any such disclosure and shall cooperate with the
disclosing party, at the disclosing party’s expense, in seeking a protective
order or other limitation on the further disclosure of such information or (ii)
on a “need-to-know” basis under an obligation of confidentiality to its
employees, agents, legal counsel, accountants, banks and other financing sources
and their advisors.

10.**Publicity**. Neither
Bankrate nor iHomeowners shall make any public announcement or press release
regarding this Agreement without the prior written consent of the other party.
Notwithstanding the foregoing, however, either Bankrate or iHomeowners may,
without the prior approval of the other, issue any press release or make such
other public disclosure with respect to this Agreement as is required under
applicable securities or other laws or any regulation of any securities
exchange, securities trading system or similar regulatory body.


5

11.**Termination;
Effect of Termination**.

A.**Termination**. The
Term may only be terminated (i) in accordance with this Section 11, or (ii) for
Cause. Termination for Cause shall not relieve the breaching party of its
obligations under this Agreement.

B.**Bankrate
May Terminate if iHomeowners changes iHomeowners Web
Sites**.
iHomeowners shall promptly notify Bankrate if iHomeowners makes any substantial
changes to the content or functionality of iHomeowners Web Sites. Bankrate may
terminate the Term by providing written notice to iHomeowners if Bankrate, in
its good faith business judgment, decides that such changes make iHomeowners Web
Sites inappropriate or otherwise objectionable or undesirable.

C.**Effect
of Termination**. Any
termination pursuant to Section 11 shall be without any further liability or
obligations of the terminating party, other than with respect to any breach of
this Agreement prior to such termination or with respect to any payment
obligations of iHomeowners that accrued prior to such termination.
Notwithstanding anything to the contrary in this Agreement, Sections 4, 6(A),
6(B), 6(D), 7, 8(B), 8(D), and 9 through 14 of this Agreement shall survive the
expiration or termination of the Term. Any termination of the Term shall result
in the automatic revocation of all licenses granted pursuant to this
Agreement.

12.**Warranties**.

A.**Bankrate
Warranties**.
Bankrate represents and warrants that (i) it has the full right title and
authority to grant iHomeowners the rights and licenses granted by Bankrate
pursuant to this Agreement and (ii) the Bankrate Brand Marks (when used as
permitted under this Agreement) and the Bankrate Materials will not violate or
infringe any common law or statutory rights of any party, including, without
limitation, patent rights, contractual rights, copyrights, trademark rights and
rights of publicity and privacy or otherwise contains any slanderous or libelous
statements, or any statements that would constitute trade libel or product
disparagement.

B.**iHomeowners
Warranties**.
iHomeowners represents and warrants that (i) it has the full right, title and
authority to grant Bankrate the rights and licenses granted by iHomeowners
pursuant to this Agreement and (ii) the use of iHomeowners Brand Marks (when
used as permitted under this Agreement), the Co-branded Landing Pages and the
use and operation of the Co-branded Landing Pages will not violate or infringe
any common law or statutory rights of any party, including, without limitation,
patent rights, contractual rights, copyrights, trademark rights and rights of
publicity and privacy or otherwise contains any slanderous or libelous
statements, or any statements that would constitute trade libel or product
disparagement.

13.**Indemnification**.

A.**Bankrate
Indemnification**.
Bankrate shall indemnify, defend and hold harmless iHomeowners (and its
officers, directors, employees, agents, representatives, shareholders, attorneys
and affiliates) against any third party claim, suit, action or proceeding
brought against such indemnified party that is based upon or arises out of (i)
Bankrate’s breach or alleged breach of any representation, warranty or
obligation of Bankrate under this Agreement, or (ii) the conduct of Bankrate’s
business, including, without limitation, claims relating to the use of Salable
Leads by Bankrate or third parties receiving such information from Bankrate,
Bankrate’s business methods or Bankrate’s infringement of the intellectual
property rights of a third party.

B.**iHomeowners
Indemnification**.
iHomeowners shall indemnify, defend and hold harmless Bankrate (and its
officers, directors, employees, agents, representatives, shareholders, attorneys
and affiliates) against any third party claim, suit, action or proceeding
brought against such indemnified party that is based upon or arises out of (i)
iHomeowners’ breach or alleged breach of any representation, warranty or
obligation of iHomeowners under this Agreement, or (ii) the conduct of
iHomeowners business, including, without limitation, claims relating to the use
of Salable Leads by iHomeowners or third parties receiving such information from
iHomeowners, iHomeowners’ business methods or iHomeowners’ infringement of the
intellectual property rights of a third party.

C.**Indemnification
Procedures.**Promptly
after receiving notice of any action, proceeding, claim or potential claim
(collectively, "Claim") which would give rise to a right to indemnification,
such party or parties shall give the party who may become obligated to provide
indemnification hereunder (the "Indemnifying Party") written notice describing
the Claim in reasonable detail. Such Indemnifying Party shall have the right, at
its option, to compromise or defend, at its own expense and by its own counsel,
any such matter involving the Claim. If any Indemnifying Party shall undertake
to compromise or defend any such Claim, they shall promptly notify the parties
seeking indemnification of its intention to do so, and the party seeking
indemnification agrees to cooperate fully with the Indemnifying Party and its
counsel in the compromise of, or defense against, any such Claim. All costs and
expenses incurred in connection with such cooperation (other than the cost of
internal personnel, and the fees and expenses of any attorneys, of the party
seeking indemnification) shall be borne by the Indemnifying Party. In any event,
the party seeking indemnification shall have the right at its own expense to
participate in the defense of such Claim. In no event shall the party seeking
indemnification compromise any such Claim without the written consent of the
Indemnifying Party. The existence or non-existence of insurance shall in no
manner affect the Indemnified Party’s obligations under this Section
13.


6

14.**Miscellaneous**.

A.**Scope
of Relationship**. This
Agreement is intended solely as an agreement to establish and maintain the
Co-branded Landing Pages and no partnership, joint venture, employment, agency,
franchise or other relationship is created hereby. Neither Bankrate nor
iHomeowners shall have the authority to bind or create any obligations for the
other party, nor shall either Bankrate or iHomeowners represent that it is the
agent or authorized representative of the other party.

B.**Amendments**. The
provisions of this Agreement may not be amended, supplemented, waived or changed
orally, but only by a writing signed by both Bankrate and
iHomeowners.

C.**Binding
Effect**.****All of
the terms and provisions of this Agreement are binding upon, inure to the
benefit of, and be enforceable by Bankrate and iHomeowners and their respective
successors and permitted assigns.

D.**Counterparts**. This
Agreement may be executed in one or more counterparts, each of which shall be
deemed an original, but all of which taken together shall constitute one and the
same instrument. Confirmation of execution by electronic transmission of a
facsimile signature page shall be binding upon any party so
confirming.

E.**Assignment**.****Neither
Bankrate nor iHomeowners shall assign, sublicense or otherwise transfer
(voluntarily, by operation or law or otherwise) this Agreement or any right,
interest or benefit under this Agreement without the prior written consent of
the other party, which consent is not to be unreasonably withheld.

F.**Force
Majeure**. Each of
Bankrate and iHomeowners shall be excused from performance of its non-monetary
obligations and the time of any performance shall be extended as reasonably
necessary under the circumstances, to the extent that such party is prevented
from performing its obligations under this Agreement, as a result of acts of
God, any governmental authority (except as defined below), war, civil
disturbance, court order, labor dispute, or computer viruses, worms, Trojan
horses, trap doors, back doors, Easter eggs, time bombs, cancelbots or other
code or computer programming routines that contain contaminating or destructive
properties that occur due to circumstances beyond the party’s control, or any
other cause beyond its reasonable control. A party who is prevented from
performing for any reason shall immediately notify the other party of the cause
for such non-performance and the anticipated extent of the delay.

G.**Arbitration**.

(i)**Arbitration
Procedures**.
Notwithstanding anything to the contrary in this Agreement, all claims for
monetary damages and disputes relating in any way to the performance,
interpretation, validity, or breach of this Agreement (and specifically
excluding the seeking by a party of injunctive relief which shall be subject to
Section 14(J)) shall be referred to final and binding arbitration, before a
single arbitrator, under the commercial arbitration rules of the American
Arbitration Association in Palm Beach County, Florida. The parties shall select
the arbitrator and if the parties are unable to reach agreement on selection of
the arbitrator within ten (10) days after the notice of arbitration is served,
then the American Arbitration Association shall select the arbitrator. All
documents, materials, and information in the possession of a party to this
Agreement and in any way relevant to the claims or disputes shall be made
available to the other parties for review and copying not later than sixty (60)
days after the notice of arbitration is served.

(ii)**Restrictions
on Disclosure of Confidential Information**. To the
extent that a party would be required to make Proprietary Information or other
confidential information available to any other, an agreement or an order shall
be entered in the proceeding protecting the confidentiality of and limiting
access to such information before a party is required to produce such
information. Information produced by a party shall be used exclusively in the
arbitration or litigation that may arise, and shall not otherwise be
disclosed.

(iii)**No
Right to Punitive Damages**. In no
event shall Bankrate or iHomeowners be entitled to punitive damages in any
arbitration or judicial proceeding and all parties hereby waive their rights to
any punitive damages. In the event an arbitration panel or a court concludes
that the punitive damages waiver contained in the previous sentence is
unenforceable, then the parties agree that the court with subject matter
jurisdiction over the confirmation of the award shall have sole and exclusive
jurisdiction to determine issues of entitlement and amount of punitive
damages.


7

(iv)**Limitation
on Arbitrator’s Subject Matter Jurisdiction**. The
arbitrator shall NOT have subject matter jurisdiction to decide any issues
relating to the statute of limitations or to any request for injunctive relief,
and the parties hereby stipulate to stay the arbitration proceeding (without the
need of a bond) until any such issues in dispute are resolved. Judgment upon the
award rendered by the arbitrator shall be final, binding and conclusive upon the
parties and their respective administrators, personal representatives, legal
representatives, heirs, successors and permitted assigns, and may be entered in
any court of competent jurisdiction.

H.**Equitable
Remedies**. Each of
Bankrate and iHomeowners acknowledges that Bankrate and iHomeowners may be
irreparably damaged (and damages at law may be an inadequate remedy) if Sections
6(A), 6(B), 6(D), 7, 9, 10 and 13 of this Agreement are not specifically
enforced. Therefore, in the event of a breach or threatened breach by any party
of such Sections of this Agreement, the other party shall be entitled, in
addition to all other rights or remedies, to seek an injunction restraining such
breach.

I.**Governing
Law**. This
Agreement and all transactions contemplated by this Agreement shall be governed
by, and construed and enforced in accordance with, the laws of the State of
Florida, without reference to its conflict of laws rules.

J.**Jurisdiction
and Venue**.
Bankrate and iHomeowners acknowledge that a substantial portion of the
negotiations, anticipated performance and execution of this Agreement occurred
or shall occur in Palm Beach County, Florida. Any civil action or legal
proceeding arising out of or relating to this Agreement shall be brought in the
courts of record of the State of Florida in Palm Beach County or the United
States District Court, Southern District of Florida, West Palm Beach Division.
Each of Bankrate and iHomeowners consents to the jurisdiction of such court in
any such civil action or legal proceeding and waives any objection to the laying
of venue of any such civil action or legal proceeding in such court. Service of
any court paper may be effected on such party by mail, as provided in this
Agreement, or in such other manner as may be provided under applicable laws,
rules of procedure or local rules.

K.**Severability**.****If any
provision of this Agreement is contrary to, prohibited by or deemed restated, in
accordance with applicable law, to reflect as nearly as possible the original
intention of the parties and the remainder of this Agreement shall not be
invalidated thereby and shall be given full force and effect so far as possible.
If any provision of this Agreement may be construed in two or more ways, one of
which would render the provision invalid or otherwise voidable or unenforceable
and another of which would render the provision valid and enforceable, such
provision shall have the meaning that renders it valid and
enforceable.

L.**Third
Parties**. Unless
expressly stated in this Agreement to the contrary, nothing in this Agreement,
whether express or implied, is intended to confer any rights or remedies under
or by reason of this Agreement on any persons other than Bankrate and
iHomeowners and their respective successors and permitted assigns. Nothing in
this Agreement is intended to relieve or discharge the obligation or liability
of any third persons to any party to this Agreement, nor shall any provision
give any third persons any right of subrogation or action over or against
Bankrate or iHomeowners.

M.**Notices**. All
notices, requests, consents and other communications required or permitted under
this Agreement shall be in writing and shall be (as elected by the person giving
such notice) hand delivered by messenger or courier service, or mailed (airmail
if international) by registered or certified mail (postage prepaid), return
receipt requested, addressed to:

**If to Bankrate:**
    
    **With a Copy
  to:**Laurence
      Lougheed
    
    David
      G. Bates, Esq.Vice
      President, Operations
    
    Gunster,
      Yoakley & Stewart, P.A.Bankrate,
      Inc.
    
    777
      S. Flagler Drive, Suite 500E11760
      U.S. Highway One, 5thFloor
    
    West
      Palm Beach, Florida 33401North
      Palm Beach, Florida 33408-8888
8
**If
      to iHomeowners:**
    
    **With
      a Copy to:**Keith
      MooreVice
      President - MarketingiHomeowners,
      Inc.24003
      Ventura Blvd., Building ACalabasas,
      CA 91302


****
or to
such other address as either Bankrate or iHomeowners may designate by notice
complying with the terms of this Section. Each such notice shall be deemed
effective upon receipt or refusal.

N.**Entire
Agreement**. This
Agreement and any and all schedules are the complete and exclusive agreement
between the parties with respect to the subject matter hereof, superseding and
replacing any and all prior agreements, communications and understandings (both
written and oral) regarding such subject matter.

O.**WAIVER
OF JURY TRIAL.******BANKRATE
AND iHOMEOWNERS HEREBY MUTUALLY WAIVE TRIAL BY JURY IN ANY ACTION, PROCEEDING,
OR COUNTERCLAIM BROUGHT BY EITHER BANKRATE AND iHOMEOWNERS AGAINST THE OTHER AND
BASED UPON, ARISING OUT OF, OR CONNECTED WITH, THIS AGREEMENT.

P.**Disclaimer;
Limitation of Liability**. EXCEPT
AS OTHERWISE PROVIDED IN THIS AGREEMENT, BANKRATE AND iHOMEOWNERS SPECIFICALLY
DISCLAIMS ANY EXPRESS OR IMPLIED WARRANTIES, INCLUDING, WITHOUT LIMITATION,
WARRANTIES OF FITNESS FOR A PARTICULAR PURPOSE, OR MERCHANTABILITY OR AGAINST
INFRINGEMENT. EXCEPT WITH RESPECT TO EACH PARTY’S INDEMNIFICATION OBLIGATIONS
UNDER SECTION 13 OF THIS AGREEMENT, IN NO EVENT SHALL EITHER BANKRATE OR
iHOMEOWNERS BE LIABLE FOR ANY INDIRECT, CONSEQUENTIAL, SPECIAL, INCIDENTAL OR
PUNITIVE DAMAGES, EVEN IF SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH
DAMAGES.



[SIGNATURES
APPEAR ON NEXT PAGE]


9

**IN
WITNESS WHEREOF**,
Bankrate and iHomeowners have executed this Agreement as of the date and year
first written above.

****Bankrate, Inc.**
    
    
    **iHomeowners, Inc.**/s/ G.
      Cotter Cunningham
    
    
    /s/ Keith
      A. MooreIts: Chief
      Operating Officer
    
    
    Its: Vice
      President-MarketingDate: January
      25, 2005
    
    
    Date: December
      27, 2004**
****
****
10