Document:

Exhibit 10.6

                                     FORM OF
                            WRITTEN CONFIRMATION WITH

                                       FEI
                          Fredricks Entertainment, Inc.

March 28, 2001

Patrick Schaefer, President
Schaefer Entertainment, Inc.
812 Southeast 8th Avenue
Deerfield Beach, Florida 33442

Dear Patrick:

Attached is a copy of our current and future distribution for XSTV. This
communication is confirmation that The World Roller Alliance "Globe Warriors"
program will be included weekly as part of our programming block.

Fredricks Entertainment is in negotiations with Fox West for distribution
throughout California. Such an agreement appears eminent. XSTV programming will
begin airing the first Sunday in May on both Fox Sports Net NY and on Comcast
Cablevision. The Sunshine Network will begin airing XSTV programming the first
Wednesday in June. We are continuing to pursue additional distribution for all
of our programming, of which WRA will, of course, be included.

Still further, in addition to the 11 Million subscribers of Fox Sports Net NY
and Sunshine, both cable networks are also seen on "Direct TV." Direct TV
accounts for 12 Million additional subscribers nationwide, in effect, giving
XSTV a "national foot print."

We look forward to building a long-term relationships with the WRA and XSTV.

Sincerely,

/s/ Skip Fredricks

Skip Fredricks
President/Executive Producer

Attachment

                   3387 Sheridan Street o Hollywood, FL 33021
                 Telephone: (954) 981-9970 o Fax: (954) 981-8640

                          Fredricks Entertainment Inc.

                                XSTV DISTRIBUTION

-------------------------------------------- ----------------------------------------- --------------------------------
NETWORK                                      COVERAGE AREA                             SUBSCRIBERS
-------------------------------------------- ----------------------------------------- --------------------------------
                                             New York State,
                                             Northern New Jersey,
FOX Sports Net New York                      Connecticut, NE Pennsylvania              6.2 Million
-------------------------------------------- ----------------------------------------- --------------------------------
Sunshine Network
(managing partner: FOX Sports Net)           Florida                                   4.9 Million
-------------------------------------------- ----------------------------------------- --------------------------------
                                             Georgia, Tennessee, Alabama,
CSS                                          Florida, Arkansas, Kentucky,
Comcast Cablevision/                         N. Carolina, S. Carolina
Charter Communications                       Mississippi                               2.01 Million
-------------------------------------------- ----------------------------------------- --------------------------------
Fox Sports Net West*                         California                                9 Million
-------------------------------------------- ----------------------------------------- --------------------------------
                                             174 College Cable Stations
College Entertainment Network                Nationwide                                2 Million
-------------------------------------------- ----------------------------------------- --------------------------------
America West and United In-Flight            Flights                                   Passengers
-------------------------------------------- ----------------------------------------- --------------------------------
TV & Cable/LPTV Syndication
XSTV ... Ice Edition (Winter Only)           24 States, Local Stations                 4.6 Million
-------------------------------------------- ----------------------------------------- --------------------------------

                                                      * Presently in Negotiations

                                Fox Sports Net New York and Sunshine are both available on "DirectTV."
                                            This equates to another 12 Million SubscribersExhibit 10.7

                                     FORM OF
                       LETTER OF AGREEMENT FOR SYNDICATION

                                    TeleMarc
                                   -----------
                                  Entertainment

                        2122 Century Park Lane, Suite 310
                              Los Angeles, CA 90067
                              TELEMARC@PRODIGY.NET
                              --------------------

April 15, 2002                                                       Via Email

                                    TO:     Patrick Schaefer

                                    FROM:   Bobbie Marcus

Dear Patrick:

As you requested, this will provide you with an amended Letter of Agreement for
syndication of the WRA Globe Warriors program. Per your suggestion, this
agreement become effective when the WRA makes its first monthly payment to us.

Responsibilities and Goals:
---------------------------

TeleMarc would act on your behalf, as non-exclusive sales agent for domestic
syndication of the WRA Globe Warriors series. We will make best efforts to clear
the series on a barter basis, and also participate in identifying potential
advertisers/sponsors. The overall objective for syndication of the series is to
build a line-up that eventually achieves national coverage.

You will license the stations that we clear, and you will forward to them the
appropriate license agreement. In addition, upon our request, you will send demo
tapes and brochure material to stations that we contact. You will also provide
stations with all the appropriate promotional material and press kits.

We will absorb the cost of phone, fax, and email; and the client (WRA) will pay
for any travel, if necessary, when such travel has been approved in writing by
the company in advance. In addition, you will arrange for mechanical
distribution of the series and pay for this and related expenses.

Also, as you requested, TeleMarc will provide to the WRA regular updates as to
station/market clearances as the process continues.

                                                    ..... Continued on next page

TeleMarc Entertainment
WRA Amended Syndication Agreement
Page 2
April 15, 2002

Compensation and Term:
----------------------

TeleMarc will be paid a gross monthly fee guarantee of $4,000; paid on or before
the 1st of each month, which you can apply against a 15% distribution fee, based
on revenue from barter sales (after ad agency commission is deducted).

If TeleMarc secures any advertiser/sponsorship deals for the show, an additional
commission of 10% would be paid to use from these deals as and when proceeds are
received by you.

We will work on the project for an initial term of 1 year beginning with the
effective date, and you may reserve an option to review after the first 6
consecutive months.

Patrick, if the foregoing meets with your approval, please sign in the space
provided.

We look forward to working with you.

Best regards,

Bobbie Marcus

                                                   Agreed to:

                                                   For the Company:

                                                   /s/ Patrick Schaefer
                                                   -----------------------------
                                                   Patrick Schaefer
                                                   WRA Globe Warriors
                                                   World Roller Alliance, Inc.Spear, Leeds & Kellogg
                  120 Broadway, New York, NY 10271 212/433-7000

               Addendum to the Fully Disclosed Clearing Agreement
               --------------------------------------------------
        And/or Broker-Dealer Agreement and Consent to Loan of Securities
        ----------------------------------------------------------------

          This  is  to  amend  the fully Disclosed Clearing Agreement and/or the
Broker-Dealer Agreement And Consent to Loan Of Securities between (" introducing
Broker")  and  Speer,  Leeds & Kellogg ("SLK"), in conformity with SEC No-Action
Letter,  Dated  November 3, 1998 relating to the net capital treatment of assets
in  the  proprietary  account  of  an  introducing broker ("PAIB") and to permit
introducing  Broker  to  use  PAIB  assets  in its net capital computations. The
parties  shall  agree  to  the  following conditions and provisions as set forth
below:

1.     SLK  shall  perform  a  computation  for  PAIB  assets  ("PAIB  Reserve
Computation")  of  introducing  Broker  in  accordance with the customer reserve
computation  set  forth  in  rule15c3-3  ("customer  reserve  formula") with the
following  modifications:

A.     Any  credit  (including  a  credit  applied  to  reduce  a debit) that is
included  in the customer reserve formula may not be included as a credit in the
PAIB  reserve  computation;
B.     Note E(3) to rule 15c3-3a which reduces debit balances by 1% under the
basic method and subparagraph (a)(1)(ii)(a) of the net capital rule which
reduced debit balances by 3% under the alternative method shall not apply; and
C.     Neither note E(1) to rule 15c3-3 nor NYSE Interprelation/04 to item 10 of
Rule 15c3-3a regarding securities concentration charges shall be applicable to
the PAIB reserve computation.

2.     The  PAIB  reserve  computation shall include all proprietary accounts of
introducing  Broker.
All  PAIB  assets shall be kept separate and distinct from customer assets under
the  customer  reserve  formula  in  Rule  15c3-3

3.     The  PAIB  reserve  computation  shall  be  prepared within the same time
frames  as  those  prescribes  by  15c3-3  for  the  customer  reserve  formula.

4.     SLK  shall establish and maintain a separate "Special Reserve Account for
the Exclusive Benefit of Customers' with a bank in conformity with the standards
of paragraph (f) of Rule 15c3-3 ["PAIB Reserve Account"].  Cash and/or qualified
securities as defined in the customer reserve formula shall be maintained in the
PAIB  Reserve  Account  in  an  amount  equal  to  the PAIB reserve requirement.

5.     If  the  PAIB  reserve  copulation  results in a deposit requirement, the
requirement  may  be satisfied to the extent of any excess debit in the customer
reserve formula of the same date.  However, a deposit requirement resulting from
the  customer reserve formula shall not be satisfied with excess debits from the
PAIB  reserve  computation.

6.     Within  two  business  days  of  entering  into  this  PAIB  Agreement,
introducing  Broker  shall  notify its designated examining authority in writing
(with  a  copy  sent  to  SLK  upon  request) that it has entered into this PAIB
Agreement.

7.     Commissions  receivable  and other receivables of introducing Broker from
SLK  (excluding clearing deposits) that are otherwise allowable assets under the
net  capital  rule  are  not  to  be  included  in the PAIB reserve computation,
provided  the  amounts  have been clearly identified as receivables on the books
and  records  of  introducing  Broker  and  as  payable  on  the  books  of SLK.

8.     If introducing Broker is a guaranteed subsidiary of SLK or if introducing
Broker  guarantees  SLK  (i.e., guarantees all liabilities and obligations) then
the  proprietary  accounts of introducing Broker shall be excluded from the PAIB
Reserve  Computation.

9.     Upon  discovery that any deposit made to the PAIB Reserve Account did not
satisfy its deposits requirement, SLK shall by facsimile or telegram immediately
notify  its  designated  examining  authority  and  the  Securities and Exchange
Commission  ("Commission").  Unless a corrective plan is found acceptable by the
Commission  and  the  designated  examining authority, SLK shall provide written
notification  within  5  business  days  of the date of discovery to introducing
Brokers  that  PAIB  assets held by SLK shall not be deemed allowable assets for
net  capital  purposes.  The  notification  shall also state that if introducing
Broker  wishes  to  continue to count its PAIB assets as allowable, it has until
the  last  business  day  of  the  month  in  which the notification was made to
transfer  all  PAIB  assets to another clearing broker.  However, if the deposit
deficiency  is  remedied  before  the  time at which the introducing Broker must
transfer  its PAIB assets to another clearing broker, the introducing Broker may
choose  to  keep  it  assts  at  SLK.

10.     The parties shall adhere to the terms of the No-Action letter, including
the  interpretations  set  forth,  in  all  respects.

FULLY  DISCLOSED  CLEARING  AGREEMENT
OF
SPEAR,  LEEDS  &  KELLOGG

THIS  AGREEMENT is made and entered into as of this 12th day of September by and
between  Spear,  Leeds  &  Kellogg  ("SLK")  and  TradeRight  ("Broker").

1.     Subject  to the approval of the New York Stock Exchange, from the opening
of  business on or about until the termination of this Agreement as provided for
in  Paragraph  17,  hereof,  SLK  will carry the cash and margin accounts of the
customers  introduced  by  Broker  to  SLK  and  accepted  by SLK and will clear
transactions  on  a  fully  disclosed  basis  for  such  accounts,  all  as more
specifically  provided  in  Paragraph  3  hereof  and  subject  to the terms and
conditions  hereinafter  set  forth.

All references made to margin accounts in this agreement shall apply only if the
introducing  firm  introduces  such  accounts.

2.     Representations  and  Warranties

(a)     Broker  represents  and  warrants  that:

Broker  is  duly  registered  and  in  good standing as a broker/dealer with the
Securities  and  Exchange  Commission and the National Association of Securities
Dealers  ("NASD")

Broker  has all requisite authority, whether arising under applicable federal or
state laws or the rules and regulations of any securities exchange or regulatory
authority to which Broker is subject, to enter into this Agreement and to retain
the  services  of  SLK  in  accordance  with  the  terms  hereof,  and

Broker  and  each  of  its employees is in substantial compliance and during the
term  of  this  Agreement  will  remain  in  substantial  compliance  with  the
registration,  qualification,  capital financial reporting, customer protection,
and other requirements of every securities exchange of which Broker is a member,
of  the NASD, of the Securities and Exchange Commission and every state to which
jurisdiction  Broker  and  each  of  its  employees  are  subject.

(b)     SLK  represents  and  warrants  that:

SLK  is  duly  registered  and  in  good  standing  as  a broker/dealer with the
Securities  and Exchange Commission and is a member firm in good standing of the
New  York  Stock  Exchange  ("NYSE").

SLK  has  all  requisite  authority, whether arising under applicable federal or
state  laws,  or  the  rules  and  regulations  of  any  securities  exchange or
regulatory  authority to which SLK is subject, to enter into this Agreement: and

SLK  is  in  substantial  compliance  and during the term of this Agreement will
remain  in substantial compliance with the registration, qualification, capital,
financial  reporting, customer protection requirements and other requirements of
every  regulatory  and self-regulatory organization to whose jurisdiction SLK is
subject.

3.     SLK, acting as Broker's agent, shall carry the customers' cash and margin
accounts  introduced  by  Broker  on  a  fully  disclosed  basis and perform the
following  services:

(a)     Execute  transactions  in the customers' accounts and release or deposit
money  or  securities  to  or for the accounts, only upon Broker's instructions;

(b)     Prepare  and  mail  confirmations  and  summary  monthly  statements  to
Broker's  customers  on  forms disclosing that the account is carried on a fully
disclosed  basis  for  the  Broker.

(c)     Settle  contracts  and  transaction in securities (i) between Broker and
other  brokers  and  dealers,  (ii)  between  Broker and its customers and (iii)
between  Broker  and  third  persons;  and

(d)     Perform  cashiering  functions  for  such customers' accounts, including
receipt  and  delivery  of securities purchased, sold, borrowed and loaned; make
and  receive  payments  therefore, provide custody and safekeeping of securities
and cash; and handle margin accounts, dividends and exchanges, rights, warrants,
redemptions,  and  tender  offers  with  respect  to  such  securities.

(e)     Mail  to  each  customer a coy of the Notice to Customers as requited by
New  York  Stock  Exchange  Rule  382  .

(f)     Completing  the  transfer  of  securities  and  accounts  on  behalf  of
customers.

(g)     Compliance  with  restricted and control securities under the Securities
Act  of  1933.

Notwithstanding  subparagraph  (a)  through  (d)  above,  SLK  may,  in its sole
discretion,  for  good  cause  shown,  refuse  to open an account for a specific
customer;  close  an  account  already opened; refuse to confirm and/or cancel a
confirmation; reject a delivery or receipt of securities and/or money; refuse to
clear  any  trade  executed  by  Broker,  or refuse to execute any trade for the
account  of  a  customer  introduced  by  Broker.  Broker  acknowledges  that in
connection with the performance of the above described services, SLK may retain,
at  its  option,  one  of  more  independent  data processing service bureaus to
perform  any  of  the  required  functions,  and  agrees  that  SLK shall not be
responsible for any losses, damages, liability or expenses incurred by or claims
made by the Broker or its customers arising from the failure of any such service
bureau  to  perform said functions accurately, in accordance with specifications
or  within  the  customary time periods.  SLK's only obligation will be to cause
any  such  service  bureau to correct any processing error in its next regularly
scheduled  processing  and  to  deliver  any  overdue work as soon as reasonable
practicable.  In no event shall SLK be responsible for indirect or consequential
damages.

SLK may authorize certain of Broker's employees designated by Broker in writing,
to  sign checks to Broker's customers for amounts due and requested by them with
respect  to their accounts.  All checks must be signed by two of such authorized
employees  and  no  check  or  checks payable in any one day to any one customer
shall  exceed  $100,000.  Any  losses  incurred  by  SLK in connection with such
authorization  shall  be charged to Broker.  Any lien on the customer's property
granted  by their customer to Broker or SLK shall extend to any funds, which may
be segregated in a separate account to carry out the purposes of this paragraph.

4.        Services  for  which  SLK  is  not  Responsible

Unless  otherwise  expressly  agreed  in  writing,  SLK  will not provide nor be
responsible  for  providing  any  services  specifically  enumerated  in  this
Paragraph:

(h)     Accounting,  bookkeeping or record keeping, cashiering or other services
in  respect  to  commodity  transactions, or any other transaction not involving
securities.

(i)     Preparation  of  Broker's  payroll  records, financial statements or any
analysis  thereof.

(j)     Preparation or issuance of checks in payment of Broker's expenses, other
than  expenses  incurred  by SLK on behalf of Broker pursuant to this Agreement:

(k)     Payment  of  commissions  to  Broker's  salesmen;

(l)     Preparation  or  filing of any of Broker's reports to the Securities and
Exchange  Commission,  any  state  securities  commission,  or  any  securities
exchange, securities association or other membership to which Broker is subject;
but  SLK  will,  at  the  request  of  Broker, furnish Broker with any necessary
information  and  data  contained  in  records  kept  by  SLK  and not otherwise
available  to  Broker  for  use  in  making  such  reports  by  Broker;  and

(m)     Verification  of  address  changes  of  Broker's  customers

(n)     Rendering  investment  advice  to  customers

5.           Duties,  Obligations  and  Responsibilities  of  Broker

(o)     Information  to  be  supplied  by  Broker:

Broker  will  provide SLK with such basic data and documents, including (without
limitation) copies of records of any receipts of customers' funds and securities
received  directly  by Broker as shall be necessary or appropriate to permit SLK
to  discharge  its  service  obligations  hereunder. In all cases, such data and
documents  must  be compatible with the requirement of SLK's bookkeeping system.
In  addition,  Broker  will  furnish  SLK such information and signatures as are
requested  by  SLK  for  the opening and carrying of customer accounts on forms,
which  have  been  approved  by SLK.  All accounts shall be opened in accordance
with  SLK's  requirements and the acceptance of an opening of an account without
such  requirements  being  fulfilled  shall not be deemed to be a waiver of such
requirements.  A  duly  authorized  principal  executive  officer of Broker will
approve  in  writing  the  opening  of each customer's account.  Broker shall be
responsible  for  maintaining  proper  customer  addresses  and SLK may, for all
purposes,  rely  on  such  addresses  as  they  are  furnished  by  the  Broker.

(p)     Receipt  of  money  and  securities:

In  all  cash  accounts, Broker shall be responsible for purchases for customers
until  actual and complete payment therefore ahs been received by SLK and in the
case  of  checks  representing  such  payment  received  by SLK, Broker shall be
responsible  until  they shall have been paid and the proceeds actually received
and  credited to SLK by its bank.  SLK agrees to use due diligence in depositing
such  checks  promptly.

Broker  shall  be  responsible for sales until acceptable delivery to SLK of the
securities  involved have been made.  Broker agrees to turn over promptly to SLK
funds  or  securities  received by Broker from its customers, together with such
information  as  may  be  relevant  or  necessary  to enable SLK to promptly and
properly  to  record  such  remittance  and  receipts in the respective customer
accounts.  Broker  shall  arrange  for  timely  settlement  of  "delivery versus
payment"  transactions and shall not introduce any retail or individual accounts
requiring  settlement,  on  "delivery  vs  payment" or, "receive versus payment"
basis without the prior written approval of "partial deliveries" and to abide by
other  clearance arrangements as may be directed by the New York Stock Exchange,
Inc.,  the  American  Stock  Exchange Inc. or the NASD.  SLK may, at its option,
charge  for  late payments or deliveries, any interest incurred by it accrued at
its  then  prevailing  "Brokers  Call"  rate  plus 1% on the principal amount of
trade,  or  such other rate as may be agreed upon in writing, above the Broker's
Call  Rate.

SLK  reserves  the  right to give prior oral or written notice to Broker and any
customer  of  failure  to  make  timely  settlement  and SLK's intention to take
remedial  action.

With  respect  to any settlement, which involves the drafting of securities, all
draft  charges,  including  interest expense, will be borne by Broker.  Interest
cost  on  settlement  in locations not herein specified will be borne as SLK and
Broker  may  mutually  agree in writing, with the general understanding that SLK
will  bear  the  interest  cost associated with delivering securities within New
York  City  and  Broker  will  bear  the  costs  associated with the movement of
securities  from  or  to  New  York  City  to  or  from  any  location.

               Duties  of  Broker  with  respect  to  customers:

The  customer  shall  remain  the  customer  of  Broker,  and  Broker  shall  be
responsible for obtaining all of the essential facts relative to every customer,
every  cash  or  margin  account,  every order and every person holding power of
attorney  over any account accepted by Broker.  Broker shall also be responsible
for  the conduct of customer accounts and the supervision thereof, including but
not limited to, assessing the suitability of a transaction for the customer when
required  under  applicable rules, the authenticity of all orders signatures and
endorsements,  the frequency of trading by a customer and the genuineness of all
signatures, certificates and papers, the status under the Securities Act of 1933
of  securities  proposed to be sold or margined by a customer, and reviewing the
accounts  for,  among  other things, manipulative practices and insider trading,
and  compliance  with  all  federal,  state, securities exchange and association
laws,  rules  and  regulations  to  which  the  Broker and customer are subject.

Broker undertakes to comply with Rule 404 (1), (2) and (3) of the New York Stock
Exchange,  Inc  and  other rules of regulatory organizations having jurisdiction
over  Broker  and  to  diligently  supervise  compliance  through  the  use of a
compliance  manual  or  other  written procedures.  It is understood that Broker
will  establish  adequate procedures regarding Rule 405 and will make a diligent
attempt  in  every  case  to  conform  to  this  rule.

Broker  must  notify  SLK  in  each case where Broker and a customer authorize a
Registered  Representative  of  Broker to exercise discretion in an account.  In
addition, Broker will advise SLK at the time an order is placed if such order is
for  a  discretionary  account  of  one  of Broker's Registered Representatives.

It is understood that Broker warrants that, to its best knowledge, the customers
introduced to SLK by Broker shall not be minors and shall not be such as to come
under  prohibitions referred to in Rule 407 of the New York Stock Exchange Inc.,
or  in any other law, rule or regulation of any other regulatory authority; that
Broker's  customers  shall  in  fact  be the owners of accounts opened by SLK in
their  names,  and  that  any  orders and instructions given by Broker or any of
Broker's  employees  shall  have  been previously fully and properly authorized.

Prior  to engaging in option trading for any of Broker's customers, Broker shall
deliver  to  such  customer  the  most  recent  copy  of  the  booklet  titled
"Characteristics  and Risks of Standardized Options", or its successor, together
with  any  effective  supplements  thereto.  A  current prospectus of the Option
Cleaning  Corporation  is  optional.  Broker  will take all appropriate steps to
assure  that  customers  engaging  in  such trading are sophisticated investors,
fully  aware of the risks involved, and that option trading is suitable for such
customers.  Broker  will  comply  in  all respects with SLK's options compliance
program,  including  the  obtaining  of  information, written approval of option
accounts  by the Senior Registered Options Principal of Broker, and execution of
forms  required  by  SLK.  SLK  shall not be required to endorse any put or call
options  for  any  account  unless  the  account  is  satisfactory  to  SLK.

This  agreement  places  the  responsibility  for  "knowing  the  customer"  and
"suitability"on  the  Broker.  It  permits  SLK  to  satisfy itself, for its own
benefit,  that  Broker  has  the  ability  to  comply  and has complied with the
requirements  of  Rule  405  of the New York Stock Exchange, Inc. and comparable
requirements of similar rules of any other self-regulatory organization to which
Broker  belongs.

It  is understood that the preparation and possession of surveillance records or
any new data, including exception reports, by SLK on behalf of or for the use of
Broker  shall  neither  obligate  SLK  to  review  such  material  nor  make SLK
responsible  to  know  its  content.

(d)    Financial Data

Broker agrees to furnish SLK a copy of all FOCUS reports at the same time Broker
files  such  with  its  primary  examining  authority.

(e)     Broker  shall  make and maintain reports, records and regulatory filings
required to be kept by the Broker by any entity that regulates it, including any
reports  and  records required to be made or kept under the Currency and Foreign
Transactions  Reporting  Act  of 1970, the money Laundering Act of 1986, and any
regulations  promulgated  pursuant  therein.

(f)     Broker  shall  assume  all  responsibility for reviewing customer orders
prior
to  execution,  and  errors  in  execution.

6.          Broker  Indemnification

Broker hereby agrees to indemnify, defend and hold harmless SLK from and against
all  claims, demands, proceedings, suits and actions made or brought against SLK
and  to  indemnify SLK's liabilities, losses, damages, expenses, attorneys' fees
and  costs  arising out of one or more of the following; except for those claims
arising  out  of  SLK's  willful  misconduct.

(a)  Failure of Broker or the Broker's customer to make payment when due for
securities purchased or to deliver when due securities sold for the account of
Broker or the Broker's customers;

(b)   Failure of a customer of Broker to meet any initial margin call or any
maintenance call, except that SLK shall be responsible only for the portion of
any such losses that are directly attributable to SLK's failure to give proper
and timely notification to the customer of call;

     Failure of Broker to properly perform its duties, obligations and
responsibilities with respect to customer accounts (as set forth in Paragraph 5,
above), it being understood that the participation of any employee of SLK In any
transaction referred to in Paragraph  5 shall not effect  Brokers
indemnification obligations hereunder, unless such participation by SLK's
employee was fraudulent;

(d)   Any dishonest, fraudulent, negligent or criminal act or omission on the
part of any of Brokers' officers, partners, employees, agents or customers;

(e)  All claims or disputes between Broker and its customers with respect to the
matters set forth in this agreement.  It being understood: (1) that Broker
guarantees the validity of customer orders in the form such orders are
transmitted to SLK by Broker and guarantees to SLK that each customer will
promptly and fully perform his commitments and obligations with respect to all
transactions in all of his account carried by SLK hereunder and (ii) that checks
received by SLK from Broker's customers shall not constitute payment until they
have been paid and the proceeds actually received any credited to SLK by its
bank;

 (f)   Any adverse claims with respect to any customer securities delivered or
deared by SLK it being understood that SLK shall be deemed to be an intermediary
between Broker and customer and shall be deemed to make no warranties other than
as provided in Section 9-306(3) of the Uniform Commercial Code;

(g)   The default by any over-the-counter broker with whom the Broker deals on a
principal basis, giving up SLK for Clearance;

(h)   The default by any third-party broker with whom the Broker deals rather
than using SLK to execute a transaction for itself or a customer;

(i)    The negligence, malfeasance, or mistakes of an employee of Broker with
respect to the use of the check-signing authority granted under Paragraph 3;

(j)     The  breach  by  the  Broker  of  any  warranty  made  by  it under this
agreement;

(k)    SLK's guarantee of any signatures with respect to transactions in the
accounts of Broker's customers;

(l)    The failure of Broker's customers to fulfill their obligations to the
Broker or to SLK {whether or not such failure is in the Broker's control}.

7.        Omnibus  account

To  further  assure  Broker's  performance  of  its obligations under Agreement,
including  but not limited to its indemnification obligations under Paragraph 6,
Broker shall, on or before the execution of this Agreement, establish an account
at  SLK  or  be  designated as the Broker's Omnibus Account (the "Account"). The
Account  shall  at all times contain cash, securities, or a combination of both,
having  a  market  value of $ 100,000. Broker shall be paid interest on the cash
balances  in  the  Account at the rate of 100 basis points below the Broker call
rate.  The  Account  may  be used by Broker to trade securities on a proprietary
basis  or  to  carry  trades  considered  to  be  errors.

If SLK shall suffer any loss or incur any expense for which it is entitled to be
indemnified  pursuant  to  this  Agreement  and  Broker  shall fail to make such
indemnification  within  ten  business  days after being requested to do so, SLK
shall deduct the amount of such claim, loss or expense from the commissions then
credited  to  Broker pursuant to Paragraph 8.  If the amount of said commissions
is less than the amount of such claim, loss or expense, SLK shall have the right
to  withdraw from the Account cash or securities (or both) having a market value
equal  to  the  amount  of  such  deficiency.  Broker shall then be obligated to
immediately  deposit  in  the Account cash or securities sufficient to bring the
Account  back  to  a  market  level  of  at  least  $  100,000.

Upon  the termination of this Agreement, or as soon as practical thereafter, SLK
will pay and deliver to Broker the funds and securities in the Accounts which it
is  entitled  to withdraw under the preceding paragraph; provided, however, that
SLK  may  retain  in  the  Account  an  amount  to  protect it from any claim or
proceeding  of  any  type,  then pending or actually threatened, until the final
determination  thereof  is  made  [should  not exceed 30 days].  If a threatened
claim  or  proceeding  is  not  resolved  or if a legal action proceeding is not
instituted within a reasonable time after the termination of this Agreement, the
amount  retained  with  respect  to such threatened claim or proceeding shall be
paid  or  delivered  to  Broker.

8.        Commission  Payments

(a)   SLK shall charge each of Broker's customers the commission, which Broker
directs it to charge for each transaction.  If specific instructions are not
received with respect to a specific transaction in the time period required by
SLK to implement same, SLK shall charge the customer the commission prescribed
in the basic commission schedule delivered to SLK by Broker.  Such basic
schedule may be amended from time to time by Broker by written instructions
delivered to SLK; provided, however, that such changes shall be implemented only
to the extent they are within the usual capabilities of SLK's data processing
and operations systems and only within such reasonable time limitations as SLK
may deem necessary to avoid disruption of its normal operating capabilities.
For purposes of confirmation preparation, Broker will also furnish from time to
time the source and amount of any commission or other payment received by Broker
in connection with transactions in the customers' accounts.

(b)   Commissions charged Brokers customers shall be collected by SLK and
credited to broker, after deducting SLK's compensation referred to in Paragraph
9 (and any other amount owed to SLK pursuant to this Agreement).  Such
commissions shall be credited to the Account on a settlement day basis.

      Any changes regarding compensation should be in writing.

9.           Compensation

As  compensation for services provided hereunder by SLK, there shall be deducted
from  the  commissions  charged  Broker's customers the amounts set forth in the
fully  disclosed  pricing  schedule attached herein.  Said compensation schedule
may  be  changed  as  may  be  agreed  to  by  both  parties.

10.      Margin  Accounts

(a)   Any transactions for a customer will be considered a cash transaction
until such time as Broker has furnished SLK with an executed customer's margin
agreement and consent to loan of securities in a form acceptable to SLK.

(b)   All margin accounts introduced by Broker shall be subject to SLK's "house
margin requirements."  SLK currently imposes a 40% maintenance requirement, but
said requirement and other margin requirements may be changed at any time by
giving the Broker 10 days prior written notice of such change.  In all such
margin accounts, Broker shall be responsible for the initial margin requirement
for any transaction until such initial margin has been received by SLK in
acceptable form.  SLK reserves the right to refuse to accept any transaction in
a margin account after the initial transaction, without the actual receipt of
the necessary margin, and to impose a higher margin requirement, when in SLK's
opinion, the past history or nature of such account or the securities therein
justifies such action.  SLK shall endeavor to notify Broker in advance of all
margin calls, and shall provide Broker with copies of such calls.  In the event
that satisfactory margin is not provided within the time specified by SLK, SLK
shall be at liberty to take such actions as SLK may, in its judgment, deem
appropriate.  After such initial margin has been received, subsequent margin
calls may be made by SLK.  Broker agrees to cooperate with SLK in complying with
and obtaining margin on subsequent calls.

     Interest charged with respect to debit balances in customers' accounts
shall be determines in accordance with the fully disclosed pricing schedule
hereto.

(d)  Broker shall be responsible for any failure on the part of a customer to
meet a "maintenance call", except to the extent directly attributable to SLK's
failure to give proper and timely notification to the customer.  An officer of
Broker who has been designated by Broker (and acknowledged in writing by SLK)
may request, to the extent permitted by the margin rules, that SLK withhold
temporarily and contemplated action or "sell-out" or "buy-in" for accounts,
which have failed to meet a margin call.  Such requests shall be made in writing
and shall clearly set forth the period of time during which the contemplated
action be withheld.  Should SLK comply in whole or in part with such request,
Broker guarantees to reimburse SLK immediately for the maximum amount of loss or
liability which SLK may sustain or incur by reason of any compliance with such
request, by depositing sufficient funds with SLK in a reserve or other
appropriate account at a bank of SLK 's choosing over which SLK shall be
signatory, to reimburse SLK for the loss or unsecured indebtedness held in the
account of the particular customer; provided, however, that compliance with such
a request shall not be deemed a waiver by SLK of any of its rights hereunder,
including but not limited to, the right to close out a contract or position, if
in SLK's judgment, changing conditions render such action advisable.

              (e)   Broker  shall  be  responsible  for  sending  to each margin
customer  a  written
statement  at  the  time  of  the opening of a margin account in compliance with
Rule  10b-16  under  the  Securities  Exchange  Act  of  1934.

(f)     Broker  shall obtain from each margin account introduced to SLK a margin
Agreement,  including  a  hypothecation  authority,  in  a  form  and  substance
      acceptable  to  SLK.

11.              Unsecured  Debits  or  Unsecured  Short  Positions

Unsecured debits or short positions ( on a " market to market" basis) in a
customer's account not resolved by payment or delivery within thirty calendar
days shall be charged to the account of the Broker maintained by SLK  to which
SLK credits the Broker with commissions due Broker.  Such unpaid debits or short
positions shall be netted against commissions due on a monthly basis.  Any
excess of such unpaid debits or short positions over commissions due shall be
applied against Broker's Account and be considered a claim against Broker
pursuant to paragraph 7 of this Agreement.

12.              Responsibilities  and  Rights  of  SLK

SLK  will  maintain prescribed books and records of all transactions executed or
cleared  through  it.  SLK also undertakes to perform in good faith the services
agreed  to  be  performed in this Agreement,  including the foregoing, but shall
not  be  bound  to  make  any  investigation  into  the  facts  surrounding  any
transaction  that  it  may  have  wit  Broker  or  that Broker may have with its
customers  or  other  persons,  nor  shall  SLK  be  under any responsibility of
compliance  by  Broker  with  any laws or regulations which may be applicable to
Broker.

Nothing  herein  shall  be deemed to restrict in any way the right of SLK or any
affiliate  of  SLK  to  compete  with  Broker  in any or all aspects of Broker's
business.

SLK  will keep confidential Trade Rights list of customers except in response to
subpoena  and  request  from  regulators.

13.              SLK  Indemnification

SLK  shall  have no liability to any Broker's customers for any loss suffered by
any  customer.  SLK's  liability  will  be  only  to Broker and then only to the
extent  herein  expressly set forth.  SLK hereby agrees to indemnify, defend and
hold  harmless  Broker  from and against all claims, demands, proceedings, suits
and  actions  and  all  liabilities,  expenses,  attorney  fees,  and  costs  in
connection  therewith  arising  out of any dishonest fraudulent, or criminal act
or  omission  on  the  part  of  any of its officers, partners or employees with
respect  to  the  services  provided  by  SLK  under  the  Agreement.

14.     Employees

Without the prior written consent of the other broker and SLK, either party will
not  during  the  period  of this agreement and for one year thereafter, hire or
attempt  to  hire  any person who is employed by the other on the termination of
this agreement or whose employment with the other terminated within the one year
period  prior  to  the  termination  of  this  agreement.

 15.     Construction Of Agreement

Neither  this  agreement  nor the performance of the services hereunder shall be
considered  to  create  a  joint  venture or partnership between SLK and between
Broker  and other brokers for whom SKL may perform the same or similar services.
Neither SLK nor Broker will utilize the name of the other in any way without the
other's consent and under no circumstances shall either party employ the other's
name  in such a manner as to create the impression that the relationship created
or  intended  between  them  is  anything  other  than  of  clearing  broker and
correspondent  broker.

16.          Confidentiality

Broker and SLK agree not to disclose the terms of this Agreement to any outside
parties except to regulatory bodies with appropriate jurisdiction and to
authorized employees of the Broker or SLK on a need-to know basis. Any other
publications or disclosure of the terms of this agreement may be made only with
the prior consent of the other parties.

17.     Termination

This agreement shall continue until terminated as hereinafter provided

(a)     Upon  any  unilateral  change  of  more then 10% per annum by SLK in the
compensation  schedule pursuant to paragraph 9 hereof the unreasonable rejection
by  SLK  of  any  customers or trades pursuant to paragraph 3 of this agreement,
Broker  may,  upon fifteen (15) days prior written notice to SLK, terminate this
agreement  on  the  effective  date  of  such  unilateral  charge.

There will be no increase in rates for at least one year.

(b)     This agreement may be terminated by either party without cause upon
sixty (60) written notice delivered in person or by registered or certified
mail.

 If  either  party  terminates the Agreement  pursuant to this subparagraph, SLK
shall  have  the  right to impose reasonable limitations upon Broker's activates
during  the  period  between  the  giving of notice and the transfer of Broker's
account.

     In  the  event  either party defaults in the performance of its obligations
under  this  agreement, the non-defaulting party may terminate this agreement on
the  following  terms  and  conditions.  Written notice must be delivered to the
defaulting  party specifying the nature of the default and notifying the default
is  cured  within a period of ten (10) days from the receipt of the notice, this
agreement  may  be  terminated without further proceedings by the non-defaulting
party.

(d)     This  agreement  may  be  terminated by SLK or Broker immediately in the
event  that  the  other  party  is  enjoined, disabled, suspended, prohibited or
otherwise  unable  to  engage  in the securities business or any part of it as a
result  of  any  administrate or judicial proceeding or action by the Securities
and  Exchange  Commission,  any  state  securities  law  administrator  or  any
self-regulatory  organization  have  jurisdiction.

(e)     Termination  of this agreement, however caused, shall not release Broker
or  SLK  from  any  liability or responsibility to the other with respect to the
transactions  effected  prior the effective date of such termination, whether or
not  claims  relating  to such transactions shall have been made before or after
such  termination.

(f)     If  Broker  terminates this agreement pursuant to subparagraph (b) above
within  the  first  year  of  the date of this agreement, or SLK terminates this
Agreement  pursuant to the subparagraph (c) or (d) above, Broker will pay to SLK
a  termination  fee  equal to the reasonable expenses incurred by SLK (i) in the
establishing  systems  procedures  and  capacity  for  servicing  Broker and its
customers, and (li) in discontinuing the clearing arrangement provided, however,
that  in  no  event  shall said termination fee be less than $5,000 or more then
$10,000.  said fee shall be paid within to days after receipt of SLK's statement
setting  forth  in  reasonable  detail  the  expenses  incurred  by  SLK.

18.     Action  Against  Customers;  Customer  Complaints

SLK  Shall have the right at all times, in its sole discretion (but shall not be
obliged)and  at  its  sole  expense to institute and prosecute in its name, upon
notice  to Broker, any action or proceeding against any of Broker's customers as
to  any  controversy  or  claim  arising out of SLK's transactions with Broker's
customers and nothing contained in the Agreement shall be deemed or construed to
impair  or prejudice such right in any way whatsoever, nor shall the institution
or  prosecution  of any such action or proceeding relive Broker of any liability
or  responsibility  which  Broker would otherwise have had under this Agreement.
Broker  shall  assign  to  SKL  its  rights  against its customers to the extent
requested  by  SKL  and  necessary  to  carry  out the intent of this Paragraph.

Broker  and SKL shall each communication to the other any complaint/inquiry with
the  respect  to  the  other.

19.     Notices

Any  notice  or  request  required or permitted to be given under this agreement
shall  be  sufficient  if  in  writing and sent by hand or by certified mail, in
either  case, return receipt requested, to the parties at the following address:

Broker
TradeRight
123  NW  13th  Street  Suite  221
Boca  Raton,  Florida  33432
Attn:  Michael  B.  Falken  -  President

SLK
Spear  Leeds  &  Kellogg
120  Broadway
New  York,  New  York  10271
Attn:  General  Counsel

20.     Amendments

This  Agreement represents the entire agreement between the parties with respect
to  the  subject  matter  contained  herein.  This  Agreement may not be changed
orally,  but  only  by  an  agreement  in  writing  and  signed  by the parties.

21.       Exchange  Regulation

            the parties acknowledge they will be subject to the rules of the New
York  Stock  Exchange,  Inc.,  the  American Stock Exchange, Inc., and any other
securities  exchanges  or  associations of which either party is or may become a
member, and of any government agendas to whose jurisdictions either party may be
subject.

22.      Assignment

            This  Agreement shall be binding upon and shall inure to the benefit
the  respective  successors  and  assigns  of  Broker  and  SKL.

23.       Applicable  Law

This  Agreement shall be governed by and constructed in accordance with the laws
of  the  State  of  New  York.

24.       ARBITRATION  DISCLOSERE

-     ARBITRATION  IS  FINAL  AND  BINDING  ON  THE  PARTIES.

*     THE  PARTIES  ARE  WAIVING  THEIR  RIGHT  TO  SEEK  REMEDIES  IN  COURT,
INCLUDING  THE  RIGHT  TO  JURY  TRAIL.

*  PRE-ARBITRATION  DISCOVERY  IS GENERALLY MORE LIMITED THAN AND DIFFERENT FROM
COURT  PROCEEDINGS.

-     THE  ARBITRATORS'  AWARD  IS  NOT  REQUIRED  TO  INCLUDE  FACTUAL FINDINGS
OR  LEGAL  REASONING  AND  ANY  PARTY'S  RIGHT  TO  APPEAL  OR  TO  SEEK
MODIFICATION  OF  RULINGS  BY  THE  ARBITRATORS  IS  STRICTLY  LIMITTED.

-     THE PANEL OF ARBITRATORS WILL TYPICALLY INCLUDE A MINORITY OF ARBITRATORS
WHO WERE OR ARE AFFILIATED WITH THE SECURITIES INDUSTRY.

25.     ARBITRATION AGREEMENT

     ANY  CONTROVERSY  BETWEEN  SLK  &  BROKER  ARISING OUT THE BUSINESS OR THIS
AGREEMENT  SHALL BE SUBMITTED TO ARBITRATION CONDUCTED BEFORE THE NEW YORK STOCK
EXCHANGE,  INC. OR THE NATIONAL ASSOCIATION OF SECURITESDEALERS, INC. AS SLK MAY
ELECT  IN  ACCORDANCE  WITH THE RULES OF THE SELECTED ORGANIZATION.  ARBITRATION
MUST  BE  COMMENCED  BY  SERVICE  UPONE  THE OTHER PARTY OF A WRITTEN DEMAND FOR
ARBIRTRATION  OR  A  WRITTEN NOTICE OF INTENTION TO ARBIRTRATE, THEREIN ELECTING
THE  ARBITRATION  TRIBUNAL.

26.              This  Agreement  shall  be  submitted to and or approved by any
National  Securities
 Exchange,  or  other  regulatory  and  self-regulatory  bodies  vested with the
authority  to  Review  and  or  approve  this  Agreement  or  any  amendment  or
modifications  hereto.  In the event of any such disapproval, the parties hereto
agree  to  bargain  in  good  faith  to  achieve  the  requisite  approval.

27.     If  any  provision  or  condition  of this Agreement shall be held to be
invalid or unenforceable by any court or regulatory or self regulatory agency or
body, such invalidity or unenforceability shall attach only to such provision or
condition.  The validity of the remaining provisions and conditions shall not be
affected  thereby  this  Agreement  shall  be  carried  out  as  if  any  such
unenforceable  provision  or  condition  were  not  contained  herein.

28.     For  purposes  of  the  securities  and  Exchange Commission's financial
responsibility  rules  and the Securities Investor's Protection Act, the brokers
customers  will  be considered customers of SLK and not customers of the broker.
Nothing herein shall cause the broker's customers to be construed or interpreted
as  customers  of  SLK  for any other purpose, or negate the intent of any other
section  this  agreement,  including,  but  not  limited  to, the delineation of
responsibilities  as  set  forth  elsewhere  in  this  agreement.

29.                   PRIME  BROKERAGE

a.     Establishment  of  an  Account
SLK  agrees  to  establish  on its books and records an account in the name of a
prime  broker  for introducing firm's clients and to maintain same providing SLK
receives  from  said  clients SIA Form 151 "Executing Broker Customer Agreement"
and  all  other  documents  SLK  may  deem  appropriate.
The  introducing  firm shall provide SLK with the Prime Broker tax ID number and
the  full  street  address  of  its  client, the "SIA Form 151", as well as, the
necessary  settlement  instructions.

(b)      Customer  Qualifications
By  introducing Prime broker accounts to SLK, the introducing firm confirms that
it is aware that their client maintains a minimum net equity of $500,000 in cash
or  securities  with  a ready market for trades executed on behalf of an account
not  managed  by  an advisor or $100,000 in cash or securities with ready market
for  trades  executed  on  behalf of a customer account managed by an investment
advisor registered under section 203 of the Investment Advisors Act of 1940. The
introducing firm understands that if for any reason the account falls below such
a  minimum  net  equity SLK has the right to refuse to process trades as a prime
broker  transaction. Each time you enter an order you hereby represent that your
client  shall  be  in compliance with such minimum net equity or will notify SLK
otherwise.

In  the  event  that any prime broker disaffirms any trade you have executed you
hereby  agree to be responsible and liable to SLK for settling such transaction.

          Restrictions  on  Account
You understand that SLK in its sole discretion may refuse to accept Prime Broker
Transactions  on  your  client's  behalf  or  restrict  or  prohibit  trading of
securities  in  your  client's  account  or  refuse  to  clear  your  client's
transactions.

b.     Confirmations
Unless  otherwise  instructed in writing, SLK shall confirm transactions to your
client,  as well as, to the prime broker by the morning of the next business day
after  the  trade  date.

The  introducing  firm  agrees to notify SLK, in the timely manner, the contract
amount of the transaction, the security involved, the number of shares or units,
whether  the  transaction  is  a  purchase  or  sale, and if a sale, whether the
transaction  was  a  short  or  long sale. Introducing broker is responsible for
complying  with  all  applicable rules and regulations of the SEC and applicable
self  regulatory  organizations  governing  the  execution  so  short  sales.

This  Agreement  contains  a  pre-disputed arbitration clause in paragraph 24 on
page  12.  I  acknowledged  receiving  a  copy  of  this  agreement.

SPEAR,  LEEDS  &  KELLOGG

BY:__________________________

NAME:

TITLE:

TRADERIGHT

BY:__________________________

NAME:

TITLE:

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