Document:

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                                 EXHIBIT 10.2
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                             MUSICMUSICMUSIC INC.
                              FRANCHISE AGREEMENT
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                             MUSICMUSICMUSIC INC.
                              FRANCHISE AGREEMENT

                               TABLE OF CONTENTS

<TABLE>
<S>                                                                         <C>
1.    GRANT...............................................................   3
2.    TERM AND RENEWAL....................................................   5
3.    DUTIES OF FRANCHISOR................................................   5
4.    DUTIES OF FRANCHISEE................................................   9
5.    FEES, EXPENSES AND ROYALTIES, REVENUE SHARING.......................  14
6.    FRANCHISOR INTELLECTUAL PROPERTY....................................  16
7.    FRANCHISEE DATABASE.................................................  20
8.    CONFIDENTIAL MANUAL.................................................  23
9.    CONFIDENTIAL INFORMATION............................................  24
10.   ACCOUNTING, RECORDS AND REPORTING...................................  25
11.   ADVERTISING AND MARKETING...........................................  26
12.   RESTRICTIONS ON AND MANNER OF EXPLOITATION; WITHDRAWAL..............  27
13.   ASSIGNMENT, TRANSFER OR CONVEYANCE..................................  28
14.   RIGHT OF FIRST REFUSAL..............................................  29
15.   TERMINATION.........................................................  29
16.   BLOCKED CURRENCY....................................................  31
17.   OBLIGATIONS UPON TERMINATION........................................  31
18.   COVENANTS NOT TO COMPETE............................................  33
19.   TAXES, PERMITS, AND INDEBTEDNESS....................................  34
20.   INDEPENDENT CONTRACTOR..............................................  35
21.   INDEMNIFICATION.....................................................  35
22.   MUTUAL REPRESENTATIONS AND WARRANTIES...............................  36
23.   APPROVALS AND WAIVERS...............................................  36
24.   NOTICES.............................................................  37
25.   MODIFICATION........................................................  39
26.   ENTIRE AGREEMENT....................................................  39
27.   SEVERABILITY........................................................  39
28.   STRICKEN WORDS OR PHRASES...........................................  39
29.   GOVERNING LAW.......................................................  39
30.   ARBITRATION.........................................................  39
31.   RIGHTS AND REMEDIES NOT INCONSISTENT OR IN EXCLUSION................  40
32.   INTERPRETATION......................................................  40
33.   CURRENCY REFERENCE..................................................  40
34.   FUTURE COOPERATION..................................................  40
35.   HEADINGS; NUMBER AND GENDER.........................................  40
36.   BINDING EFFECT......................................................  41
37.   COUNTERPARTS........................................................  41
EXHIBIT A.................................................................  43
</TABLE>

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<TABLE>
<S>                                                                        <C>
EXHIBIT B................................................................  44
EXHIBIT C................................................................  45
EXHIBIT D................................................................  46
EXHIBIT E................................................................  47
EXHIBIT F................................................................  48
EXHIBIT G................................................................  49
</TABLE>

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                             MUSICMUSICMUSIC INC.
                              FRANCHISE AGREEMENT

THIS AGREEMENT, made and entered into this 26 day of January, 2000 (this
"Agreement") by and between musicmusicmusic, inc., a Delaware corporation
("Franchisor"), and IDARA, a company registered in Abu Dhabi in the United Arab
Emirates ("Franchisee"). (All capitalized terms used in this Agreement shall
have the meanings attributed to them herein.)

                                  WITNESSETH:

WHEREAS, Franchisor, as the result of the expenditure of time, skill, effort,
and money has developed and is the sole and exclusive owner of a unique system
comprised of a digital music database, infrastructure and expertise to deliver
or "stream" high quality audio programs over the Internet to users worldwide
(hereinafter the "System");

WHEREAS, the distinguishing characteristics of the System, all of which may, in
accordance with the provisions hereof, be changed, improved, or further
developed by Franchisor from time to time, include, without limitation:

     A.   Tradenames, trademarks, service marks, and logos, including, without
          limitation, "musicmusicmusic.com," "RadioMoi," "NewMusicJukebox," the
          "Web-Bar Player," "DDA," and such other tradenames, trademarks,
          service marks, brand names, and logos as are now designated (and may
          hereafter be designated by Franchisor in writing) as part of the
          System (hereinafter collectively referred to as the "Proprietary
          Marks");

     B.   A digital music database that contains a comprehensive and which have
          been digitized into more than 210,000 music files providing for
          delivery of music over the Internet in various high quality modes (the
          "Franchisor Digital Music Database");

     C.   An interactive entertainment website known as RadioMoi ("RadioMoi
          Website") that publicly performs sound recordings over the Internet
          from the Franchisor Digital Music Database ("Webcasting") and
          generates revenues through advertising, sponsored promotions, artist
          and record industry services, and merchandise and CD sales on the
          site's RadioMoi giftshop;

     D.   A stand-alone unit which permits customers in record stores to sample
          selections from CDs via the Internet and enables the Franchisor to
          generate income from the Franchisor Digital Music Database access and
          cross advertising ("The Web Bar Listening Post");

     E.   Trade secrets and other proprietary rights and technologies of
          Franchisor including source and object code used in RadioMoi, know-how
          and execution rights with respect to Webcasting technology (the
          "Webcasting Technology"), proprietary software to access the RadioMoi
          Web Site (the "Proprietary

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          Software"), proprietary technology for operation of the Web Bar
          Listening Post (the "Proprietary Technology"), patent applications
          (the "Patents Pending"), and related copyrights (the "Copyrights", and
          together with the Webcasting Technology, the Franchisor Digital Music
          Database, Proprietary Software, Proprietary Technology, Proprietary
          Marks, Patents Pending and Copyrights as they currently exist are
          hereinafter collectively referred to as the "Franchisor Intellectual
          Property");

     F.   Technical standards and specifications and technical operational
          procedures as prescribed in the Franchisor's technical work-in-
          progress confidential manual, as may be completed and thereafter
          amended from time to time (the "Technical Manual"); and

     G.   Advertising, marketing, and promotional programs.

WHEREAS, Franchisee owns and maintains a Web site known as "Khaleej.com"
("Franchisee Website") primarily designed to distribute music from a music
database (the "Franchisee Database") and other related Web based businesses and
services to a Middle Eastern and sub-continental audience;

WHEREAS, Franchisee desires to obtain the benefits of the System by being
granted an exclusive franchise and license in the territory (the "Territory")
set forth in Exhibit A attached hereto, and to provide and operate a business
             ---------
under the System using such of the Franchisor's Intellectual Property set forth
on Exhibit B, attached hereto, in accordance with the Technical Manual, as well
   ---------
as to receive training and other assistance provided by Franchisor in connection
therewith;

WHEREAS, Franchisee intends to utilize the System and operate the Franchise
Business in and as part of the Franchisee Website, such that a portion of the
Franchisee Website will be devoted to utilizing the System and operating the
Franchise Business ("Franchisee RadioMoi Web Site"), and the remaining portion
of the Franchisee Website will be devoted to providing and operating other
businesses and services of the Franchisee;

WHEREAS, Franchisor is prepared to grant Franchisee such a franchise and license
pursuant to the terms and conditions of this Agreement; and

WHEREAS, Franchisor desires to obtain the benefits of the Franchisee Database in
connection with the System and Franchisee is prepared to grant Franchisor a
license to use the Franchisee Database pursuant to the terms and conditions of
this Agreement.

NOW THEREFORE, the parties, in consideration of the undertakings and commitments
of each party to the other party set forth herein, hereby mutually agree as
follows:

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1.   GRANT

1.1  Franchisor Grant

     1.1.1   Franchisor hereby grants to Franchisee, pursuant to the terms and
             conditions in this Agreement, and Franchisee undertakes the
             obligation and accepts from Franchisor, an exclusive and, subject
             to the provisions of Sections 13.1 to 13.2, nontransferable right
             and franchise to operate a business utilizing the System in the
             Territory (the "Franchised Business").

     1.1.2   Franchisor hereby grants to Franchisee, pursuant to the terms and
             conditions of this Agreement, and Franchisee hereby accepts from
             Franchisor, an exclusive, and subject to the provisions of Section
             13.1 and 13.2, non-transferable right and license to use the
             Franchisor Intellectual Property in the Territory for the purpose
             of providing and operating the Franchised Business. The Franchisee
             Business shall include any and all of Franchisor's Enhancements (as
             hereinafter defined) to (a) the Webcasting Technology, the
             Franchisor Digital Music Database, the RadioMoi Web site, the Web
             Bar Listening Post, the patents pending and (b) the Proprietary
             Marks, Proprietary Software, Proprietary Technology and Copyrights
             and all other Intellectual Property as they relate to the
             foregoing. Franchisee shall not be entitled under any circumstances
             to make any Enhancements to the Franchisor Intellectual Property
             unless specifically provided otherwise herein. "Enhancements" means
             any and all changes, updates, improvements or modifications made
             to, or derivative works created from, any of the Franchisor
             Intellectual Property. References to "Franchisor Intellectual
             Property" herein shall include any and all Enhancements thereto.

     1.1.3   Franchisee shall have no rights in or license to use any Franchisor
             intellectual property not specifically included in the Franchisor
             Intellectual Property or any enhancement thereto (the "Nonlicensed
             Franchisor Intellectual Property"). Franchisee's rights or license
             to use Nonlicensed Franchisor Intellectual Property shall be
             subject to Franchisee and Franchisor entering into one or more
             separate agreements for same. Franchisee will be provided with a
             right of first refusal ("First Refusal") with respect to rights of
             deployment or delivery in the Territory of any such Nonlicensed
             Franchisor Intellectual Property. In the event and to the extent
             that the parties do not enter into any such agreements, Franchisor
             shall be free to sell, license or transfer or otherwise deal with
             the Nonlicensed Franchisor Intellectual Property as Franchisor
             chooses, in the Territory and elsewhere. Notwithstanding the
             foregoing, Franchisee shall have one (1) right to match on
             identical or better terms (the "Matching Right") the most recent
             written offer (which may be in the form of a term sheet or other
             preliminary memorandum) made to Franchisor with respect to a
             license, transfer or other dealing regarding the Nonlicensed
             Franchisor Intellectual Property in the Territory, which Matching
             Right counteroffer must be made by Franchisee and received by
             Franchisor within five (5) business days of Franchisee's receipt
             thereof, or such Matching Right shall otherwise be forfeit. Such
             right of First Refusal and the Matching Right

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             shall be subject in each case to the Company's reasonable
             determination that Franchisee possesses, or can reasonably acquire
             in a timely manner, any and all prerequisite technical, marketing,
             financing and/or other capability required with respect to such
             Nonlicensed Franchisor Intellectual Property. In the event
             Franchisee does not exercise its Matching Right or does not make a
             counteroffer to the Franchisor which is equivalent to or better
             than the proposed terms and conditions underlying the proposal for
             deployment of Nonlicensed Franchisor Intellectual Property
             underlying such Matching Right, Franchisee shall have no further
             matching rights nor rights of review at any time regarding such
             transaction involving the Nonlicensed Franchisor Intellectual
             Property. Franchisor shall in no event attempt, directly or
             indirectly, to introduce a new Internet business which "competes"
             (as defined in Section 11.3) with the Franchised Business.

     1.1.4   Notwithstanding the territorial limitations with respect to the
             foregoing grant of the Franchised Business, the parties understand
             and agree that, because the Internet is available globally and is
             not capable of being limited to specific territories, the foregoing
             territorial limitations and any and all other territorial
             limitations hereunder imposed on Franchisee shall only apply to
             Franchisee's delivery of System services and businesses which are
             currently capable of being limited to the Territory, such as,
             without limitation, sale of advertising space and the sale of Web
             Bar Listening Posts. Accordingly, Franchisee shall not be in breach
             of this Agreement solely by reason of offering any persons or
             entities access to (or any persons or entities actually accessing)
             the Franchisee RadioMoi Website from outside the Territory, nor
             shall Franchisee be in breach of this Agreement for delivering
             System services or businesses outside of the Territory if the same
             are not capable of being limited to the Territory, such as, without
             limitation, use of the RadioMoi radio station and/or the
             NewMusicJukebox. Further, with respect to all System services and
             businesses that are capable of being limited to a particular
             territory, Franchisee shall promptly refer any requests therefor
             which originate outside of the Territory to Franchisor and,
             similarly, Franchisor shall (and shall cause its other franchisees
             to) promptly refer any such requests received by Franchisor (or any
             of its franchisees) which originate from within the Territory to
             Franchisee; save and except that with respect to merchandising,
             Franchisee and Franchisor shall each be entitled to fulfill the
             respective orders they receive, regardless of where the order
             originates or where the merchandise is to be delivered.

1.2  Franchisee Grant

     1.2.1   Franchisee hereby grants to Franchisor, pursuant to the terms and
             conditions of this Agreement, and Franchisor hereby accepts from
             Franchisee, during the Term of this Agreement, an exclusive right
             and license to use, and to license its other franchisees of the
             System to use, the Franchisee Database in the System in the
             locations (the "Locations") set forth in Exhibit C annexed hereto
                                                      ---------
             and made a part hereof (the "Franchisor License").

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2.   TERM AND RENEWAL

2.1  Unless sooner terminated pursuant to Section 15, the term of this Agreement
shall commence on the date first set forth above and shall expire three (3)
years from such date (the "Term").

3.   DUTIES OF FRANCHISOR

3.1  Franchisor, within a reasonable period following the date of this
Agreement, shall commence and complete delivery and installation at Franchisee's
principal office in Abu Dhabi such of the Franchisor Intellectual Property
necessary for Franchisee to launch, commence and fully operate the Franchised
Business. Such reasonable period contemplates the following:

     (a)  All third-party parts and materials necessary for the installation of
the Franchised Business ("Third Party Materials") shall be ordered by Franchisor
promptly following execution of this Agreement. It is expected that the Third
Party Materials will be received within four weeks of being ordered.

     (b)  Within one week following delivery to Franchisor's principal office in
Canada of all Third-Party Materials necessary for the installation of the
Franchised Business, Franchisor shall commence programming and otherwise prepare
for installation all such Third-Party Materials ("Pre-Installation
Preparations");

     (c)  The Pre-Installation Preparations are expected to take approximately
two weeks following commencement of such action and are in no event expected to
take longer than four weeks;

     (d)  Following completion of Pre-Installation Preparations and upon
confirmation of Franchisee's operational Internet connectivity installation of
at least T-1 line capacity, Franchisor shall promptly ship to Franchisee the
Third Party Materials and any other parts, items or software reasonably expected
to be required for installation and operation of the Franchised Business
(collectively with the Third Party Materials, the "Franchise Materials"). It is
expected that the Franchise Materials will take approximately one week from the
date of shipment to be delivered to Franchisee's bonded warehouse.

     (e)  Within two weeks following confirmed receipt by Franchisee of the
Franchise Materials at the Franchisee's principal office in Abu Dhabi,
Franchisor shall commence local installation at Franchisee's principal office in
Abu Dhabi of the Franchise Materials and other Franchisor Intellectual Property
necessary for Franchisee to launch, commence and operate the Franchised
Business, which installation is expected to take no longer than two weeks.

3.2  Franchisor shall provide Franchisee with on-line access to the current
version of the work-in-process Technical Manual, and all subsequent amendments
thereto, as more fully described in Section 8 hereof, and which is contemplated
to be continually updated and made available on-line.

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3.3  Franchisor shall provide Franchisee and Franchisee's employees, at
Franchisee's principal office in Abu Dhabi, with reasonable and prompt
assistance in launching and initial training in respect of the Franchisor
Intellectual Property and in the development, management, sales and operation of
the Franchised Business (the "Initial Training Program"). The Initial Training
Program shall consist of (i) one year of database software support, which shall
be promptly provided by fax, phone, online or in-person as reasonably determined
in the circumstances by Franchisor (the "Initial Software Support"), commencing
upon installation at the place of business of Franchisee of the Franchisor
Intellectual Property and (ii) during the two week period commencing as of even
date therewith, provision of one individual who is an expert and highly
experienced technician in the Franchised Business and provision of one
individual who is an expert and highly experienced staff trainer in the
Franchised Business, each such individuals to be available for a reasonable
number of hours per week during usual and customary business hours of
Franchisor.

3.4  Franchisor shall promptly provide Franchisee with annual software support
by phone, fax, online or in-person as reasonably determined in the circumstances
by Franchisor, which support shall include all improvements and upgrades to the
Webcasting Technology, the Franchisor Digital Music Database updates and on-line
support and all other Enhancements (the "Annual Software Support").

3.5  Franchisor shall promptly provide Franchisee with such other reasonable
on-going technical consulting services and support during the Term by phone,
fax, online or in-person as reasonably determined in the circumstances by
Franchisor, with respect to standard problem solving and repair of any
malfunction or defect in any of the Franchisor Intellectual Property licensed
hereunder.

3.6  Franchisor shall promptly provide Franchisee with such other reasonable
on-going marketing and sales consulting services and support during the Term, by
phone, fax, online or in-person, as reasonably determined in the circumstances
by Franchisor.

3.7  Franchisor shall provide a forum, in the manner and at such times as
Franchisor deems reasonably advisable, to discuss future Enhancements, marketing
efforts and sales systems for the Franchised Business.

3.8  Franchisor shall make available to Franchisee and Franchisee's employees
during each year of the Term a reasonable number of training programs,
conferences, and seminars, free of charge. All continuing training programs
shall be conducted by fax, phone, online or in-person as reasonably determined
in the circumstances by Franchisor at such locations as Franchisor may
reasonably designate.

3.9  All services to be rendered by Franchisor pursuant to Sections 3.1 to 3.8
shall be rendered by individuals who are experts and highly experienced in such
matters. Further, with respect to any such services, in the event there is a
major technical issue or problem that cannot reasonably be resolved via fax,
phone, or remote online support, Franchisor shall, within a reasonable period of
time, send to the principal site of the Franchised Business, an expert who is
highly

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knowledgeable and experienced with respect to the particular problem(s)
identified by Franchisee, which expert shall promptly examine and attempt to
resolve such problem(s).

3.10  Franchisor shall use reasonable efforts to remain competitive and to make
Enhancements to the System throughout the Term. Franchisor shall be obligated to
promptly provide Franchisee with any and all Enhancements in accordance with the
other terms and conditions of this Agreement within a reasonable time after
implementation of such Enhancements by Franchisor.

3.11  Franchisor shall continue to develop its Franchisor Digital Music Database
by adding a minimum of 1,000 sound recordings thereto each month. Franchisor
shall at all times during the Term provide Franchisee with full and complete
streaming online access to the Franchisor Digital Music Database as well as the
digital music database of its current and future franchisees, including all
updates, without any royalties or other payments due therefor by Franchisee,
except as specifically provided herein in Section 5.3. For certainty, it is
acknowledged and agreed by the parties that it is the parties' intention that
access to the Franchisor Digital Music Database and delivery of services or
businesses which require such access will be, for the most part, from
Franchisor's servers located in the United States.

3.12  Franchisor shall on a monthly basis during the Term provide Franchisee
with full and complete reports regarding the amount and type of usage of the
Franchisor Digital Music Database, including, without limitation, detailed song
play information, as well as ancillary marketing information provided by
listeners (e.g., age, gender, etc.) if such information is made available to
Franchisor and if Franchisor is permitted under relevant privacy laws to share
such information.

3.13  Franchisor shall, upon Franchisee's request for digitization of sound
recordings, within two weeks after Franchisor's receipt of such recording,
thereafter digitize or cause to be digitized all such sound recordings that
Franchisor has approved for inclusion in the Franchisee Database.
Notwithstanding the foregoing, Franchisee shall not be obligated to use
Franchisor's services to digitize recordings, provided, however, that any and
all such recordings digitized other than by Franchisor must nonetheless be made
at the quality and standard acceptable to Franchisor, which acceptance shall not
be unreasonably withheld.

3.14  Franchisor shall use reasonable efforts throughout the Term to continue to
develop its marketing and sales systems.

3.15  Franchisor shall provide Franchisee with all such software (i) as is
reasonably necessary for Franchisee to maintain accurate records of subscribers,
songs, artists, authors, record labels and publishers with respect to the
Franchised Business, as reasonably deemed necessary by Franchisor from
time-to-time, and (ii) as may be required by Franchisee for purposes of
compliance with the mandates of performing arts societies and/or any regulatory
regime specifically applicable to the use of Franchisor Intellectual Property in
any part of the Territory. Notwithstanding the foregoing, Franchisor shall not
be required to provide any software with respect to any other ordinary course of
business activities and/or other legal compliance requirements of Franchisee.

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3.16  Franchisor shall keep track of, collect and shall pay and shall be
responsible for all royalties and/or fees due to third parties such as
publishers, artists and performers in connection with Franchisee's use of the
Franchisor Digital Music Database, and shall, upon reasonable request from
time-to-time, provide Franchisee with a statement that all such royalties due
and payable have been paid by Franchisor.

3.17  Franchisor shall comply with all laws, rules and regulations in the
Territory (applicable to the Franchisor) and elsewhere so that Franchisee shall
be able to enjoy without interruption the full and proper development and
operation of the Franchised Business in the Territory, and Franchisor shall
timely obtain and maintain any and all permits, certificates, and licenses in
connection therewith, including, without limitation, any and all licenses or
other agreements to allow Franchisee to use the Franchisor Digital Music
Database and all other elements of the System, provided, however, that
Franchisor shall not be in breach of this provision if Franchisor's
non-compliance with any such laws, rules and regulations does not have a
material adverse affect on the Franchised Business.

3.18  Franchisor hereby undertakes, in accordance with the terms and conditions
set forth herein, to promptly exercise any and all reasonable efforts to provide
for fully reliable operation of the System. Notwithstanding the foregoing,
Franchisor shall not be in breach of this Agreement (but shall nevertheless
comply with the provisions of the first sentence of this Section) in the event
the System fails to perform properly as a result of any defects with respect to
third party products, services, personnel (including Franchisee personnel) or
materials over which Franchisor has no reasonable control. For purposes of the
foregoing, "fully reliable operation of the System" shall mean performance of
the System during 95% of ordinary course of business operation, consistent with
past day-to-day practice of the System as it has been used and maintained from
inception up to and including the date of this Agreement. For purposes of
clarity, any and all scheduled "downtimes" of the System for purposes of
maintenance and upgrading of the System shall not be construed as affecting the
fully reliable operation of the System, provided such "downtimes" are of a
reasonable duration and frequency and that Franchisor gives Franchisee
reasonable prior notice thereof.

3.19  Franchisor agrees to sell to Franchisor such equipment, products, programs
or services, or any components thereof, including, without limitation, software,
netware, hardware, Web services, and the Web Bar Listening Post, which
constitute or are part of the Franchisor Intellectual Property (the "Franchisor
Products") that Franchisor deems reasonably necessary for Franchisee to operate
the Franchised Business, whether for resale or for Franchisee's own use at a
price of no more than the cost of such Franchisor Products plus 10%, excluding
shipping, handling, customs and similar third party fees (the "Preference
Pricing"). In addition, in the event that Franchisor shall sell any of the
Franchisor Products to any other franchisee during the Term of this Agreement at
a price lower than the Preference Pricing, the Preference Pricing shall be
adjusted so that with respect to such of the Franchisor Products thereof as are
sold at such lower price, Franchisee shall pay no more than such lower rate for
such Franchisor Products (the "Most Favored Nations Pricing"). Notwithstanding
the foregoing, at such time as the pricing for any Franchisor Products with
respect to any other Franchisor franchisee is subsequently revised, rescinded or
otherwise no longer in effect, the price of such Franchisor Products as
previously

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reduced in cost as per Most Favored Nations Pricing shall revert to the
Preference Pricing. The foregoing shall in no event require Franchisor to pay
any refund to Franchisee with respect to any Franchisor Products which are sold
and delivered to any other Franchisor franchisee after the sale and delivery of
any such Franchisor Products to Franchisee. Franchisor undertakes to use
reasonable efforts to obtain the best price on Franchisor Products and shall use
its best efforts to negotiate reasonable and customary representations,
warranties and where possible, options for extended service contracts, on
Franchisor Products for the benefit of Franchisee, and shall, upon request,
provide Franchisee with a copy of any such contract of purchase.

3.20  (a) If any defect occurs which causes any Material Interruption (as
defined below) in the deployment or operation of the System by Franchisee, and
such Material Interruption is not in any month attributable to any third party
products, services, personnel (including Franchisee personnel) or materials
outside of Franchisor's reasonable control, Franchisor shall refund and/or
credit to Franchisee such pro-rata fees and royalties as are due or have been
paid to Franchisor with respect to such month, which pro rata calculation shall
be (i) the fees and royalties due for such month multiplied by (ii) a fraction,
the numerator of which shall be the duration of the Material Interruption in
such month, over a denominator which shall be the total time for such month
during which the System was expected to be operable (such obligation, the
"Downtime Refund"). Franchisee undertakes to promptly notify Franchisor of any
incident which is or could with the passage of time constitute a Material
Interruption ("Downtime Incident" and the notice thereof, "Defect Notice").
Franchisor undertakes to use reasonable efforts to promptly cure any such
Downtime Incident, which it shall do at its sole cost and expense. The
determination of whether a Material Interruption has occurred in any given month
shall be made from the date and time a Defect Notice is received by Franchisor,
provided that if a Material Interruption continues from one month to another, it
shall not be necessary for Franchisee to provide Franchisor with another Defect
Notice for the second or any subsequent months over which the Material
Interruption continues. For purposes of the determination whether a Material
Interruption has occurred, personnel affiliated with Franchisee shall not be
deemed to be under the control of Franchisor, and any products, services, and/or
materials belonging to Franchisee shall not be deemed to be under the control of
Franchisor except where Franchisor has been expressly granted control thereof in
writing by Franchisee.

(b) For purposes of this Agreement, "Material Interruption" shall mean a
material inability of the System to perform less than 95% of the time during any
monthly period in which the System is expected to operate in the ordinary course
of business consistent with past day-to-day practice as the System has been used
and maintained from inception up to and including the date of this Agreement,
Franchisor hereby acknowledging that the System has from its inception up to the
date of this Agreement been operating without material interruption or material
defect of any kind. For purposes of clarity, any and all scheduled "downtimes"
of the System for purposes of maintenance and upgrading of the System shall not
be construed as Material Interruption of the System, provided such "downtimes"
are of a reasonable duration and frequency and that Franchisor gives Franchisee
reasonable prior notice thereof.

4.    DUTIES OF FRANCHISEE

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4.1  Franchisee acknowledges that every detail of the System is important to
Franchisor in order to develop and maintain the standards and public image of
the System. Franchisee agrees to conduct the Franchised Business in strict
compliance with this Agreement.

4.2  Franchisee shall devote a reasonable number of Web pages of the Franchisee
Website to RadioMoi (the "Franchisee RadioMoi Web Site") which shall not be less
than the number of Franchisor's of RadioMoi Web pages at the date hereof. The
design, position, size, prominence and other details of such pages shall, except
as otherwise agreed by Franchisor, be substantially the same as Franchisor's
RadioMoi pages at the date hereof as set forth on Exhibit D annexed hereto and
                                                  ---------
made a part hereof, except for Arabic translations, elements, font selections
and culturally acceptable adaptations, logos, and design changes therewith
("Arabic Customization"). The Arabic Customization shall be subject to prior
approval by Franchisor, which approval shall not unreasonably be withheld.
Franchisee shall provide and be responsible for all reasonable costs associated
with Arabic Customization.

4.3  (a)  Franchisee, whether directly or indirectly, during the Term, shall
conduct and transact any and all Internet types of primarily music-related
activity or business whatsoever, whether branded or not, through and only
through the Franchisee RadioMoi Web Site. Primarily music-related activity or
business for the purposes of this Agreement shall mean, (i) the streaming of
live or recorded music, recitations of narratives, poetry and/or any other aural
form of music on the Internet, (ii) so called "music videos" or other motion
pictures that primarily feature the musical performances of an artist or group,
(such as an Internet concert Webcast); (iii) other like-types of primarily
music-related products or services over the Internet; (iv) pointers or links or
deemed links to or from any other Web page or Internet Site offering access,
sale or delivery of any of the foregoing items set forth in clauses (i) or (ii)
above (except for any Internet site of Franchisor or other franchisees of
Franchisor as authorized in writing by Franchisor); or (v) the marketing or
merchandising of any of the foregoing items set forth in clauses (i) or (ii). It
being understood and agreed to by Franchisee that Franchisor shall be entitled
to collect Royalties (as defined below) pursuant to Section 5 on any and all
income generated by Franchisee during the Term through the Franchisee Website
from any Internet type of primarily music related business or activity on the
Internet. Notwithstanding the foregoing, nothing shall prevent the sale of CDs
(or any other similar recorded media configuration now known or hereafter
developed) or any household items or products (including, without limitation,
stereos, VCRs computers (including hardware and software), cameras, DVDs radios,
television, monitors) by Franchisee and any revenues derived by Franchisee
therewith shall not be within the scope of this Agreement. In the event
Franchisee intends to purchase non-Arabic CDs for resale, Franchisee agrees to
first negotiate in good faith with Franchisor with respect to the terms of
supply, and delivery to Franchisee of such CDs. Similarly, in the event
Franchisor intends to purchase Arabic CDs (or any other record configuration now
known or hereafter developed) for resale, Franchisor agrees to first negotiate
with Franchisee with respect to the terms of supply, and delivery to Franchisor
of such CDs. For purposes of clarity, such negotiation shall not as of the date
of this Agreement constitute a binding contract with respect to the supply of
any such CDs unless and until one or more separate agreements are reached
between Franchisee and Franchisor.

                                       10
<PAGE>

     (b)  For purposes of this Agreement, "directly or indirectly" shall mean,
in the case of Franchisee, any action by the Franchisee or any of its
subsidiaries or affiliates, or any of its or their shareholders ("Franchisee
Entities"), and in the case of Franchisor, any action by the Franchisor or any
of its subsidiaries or affiliates; provided, however, that nothing contained in
this Section shall be deemed to prohibit the Franchise Entity from acquiring or
holding, solely for investment, publicly traded securities of any corporation
some or all of which activities are primarily music related products or services
on the Internet so long as such securities do not, in the aggregate, constitute
more than ten percent (10%) of any class or series of outstanding securities of
such corporation.

     (c)  For purposes of this Agreement, the Internet and all references
thereto shall include the Internet as currently in use and as hereafter enhanced
or further developed (the "Internet"), virtual private networks ("VPNs"
including, but not limited to, satellite delivery systems), and any and all
successor technologies to the Internet and VPNs.

4.4  Franchisee, directly or indirectly, shall not use any of the Franchisor
Intellectual Property licensed hereunder or any part thereof as premiums, in
combination sales, as give-aways, as charitable contributions or dispose of same
under similar methods of merchandising or other transfer without the prior
written consent of Franchisor not to be unreasonably withheld or unduly delayed.

4.5  Franchisee shall, commencing on the date hereof, develop the Franchisee
Database with a minimum of 850 regional (Arabic and/or other music related to
the Territory) and 150 other digitized sound recordings (which may be in any
language) each month during the Term, all of which recordings must be approved
by Franchisor not to be unreasonably withheld or unduly delayed provided that
any such non-arabic recordings have not been digitized or scheduled to be
digitized by Franchisor at or prior to such request, it being agreed to and
understood that Franchisor at all times shall have absolute approval rights as
aforesaid over the content of the Franchisee Database, subject to culturally
acceptable adaptations provided for in Section 4.2 above. Franchisee shall at
all times provide Franchisor and all current and future franchisees of
Franchisor with full and complete online and other access to and availability of
the Franchisee Database, including all updates, without any royalties or other
payments due therefor.

4.6  Franchisee shall at all times during the Term provide Franchisor with full
and complete online access to and availability of all data associated with the
operation of the Franchised Business.

4.7  Franchisee shall keep track of, collect and shall pay and be responsible
for all royalties due to third parties such as publishers, artists and
performers in connection with Franchisor's or other franchisees' use of the
Franchisee Database, and shall provide Franchisor with a monthly report thereof
by the 28th day of each month for the preceding calendar month of all such
royalties paid.

4.8  Franchisee shall staff the Franchised Business with reasonably competent
technical, sales and marketing personnel pursuant to Franchisor's suggested
level of staffing.

                                       11
<PAGE>

4.9   Franchisee shall use its reasonable efforts to provide state-of-the-art
hardware, netware and Webware to ensure proper operation of the Franchised
Business.

4.10  Franchisee agrees to purchase from Franchisor any and all Franchisor
Products as contemplated in Section 3.19. Franchisor represents that prior to
the date hereof, Franchisor has provided Franchisee with a complete list of the
Franchisor Products (as well as the purchase price thereof) required by
Franchisee to operate the Franchised Business, and Franchisee acknowledges
receipt of such list. Franchisee shall not be obligated to purchase any
additional Franchisor Products from Franchisor except as specifically
contemplated in Section 8.1. The purchase price for the Franchisor Products
shall be due and payable within 30 days of invoicing.

4.11  Subject to Section 8.2, Franchisee shall conduct the technical operation
of the Franchised Business in conformity with the technical standards, policies,
methods, and techniques as Franchisor acting reasonably may, from time to time,
prescribe in the Technical Manual. Franchisee shall refrain from deviating from
the Technical Manual, or otherwise operating the Franchised Business except in
strict compliance with this Agreement.

4.12  Franchisee shall comply with all laws, rules and regulations in the
Territory, and shall timely obtain any and all permits, certificates, and
licenses necessary for the Territory for the full and proper development and
operation of the Franchised Business in the Territory; provided, however, that
Franchisee shall not be in breach of this provision if Franchisee's
noncompliance with any such laws, rules and regulations does not have a material
adverse affect on the Franchised Business.

4.13  Franchisee shall comply with all of Franchisor's requirements existing at
the date hereof and of which Franchisee has been notified concerning the types
of services and products that may be delivered, promoted or advertised by the
Franchised Business.

4.14  Franchisee shall pay all Fees, Expenses and Royalties (as such terms are
defined below) pursuant to Section 5 and shall comply with all other
requirements set forth in this Agreement.

4.15  If any defect occurs which causes any Material Interruption in the
deployment of such portions of the Franchisee Database to be made available to
Franchisor in any month, and such Material Interruption is not attributable to
any third party products, services, personnel (including Franchisor personnel)
or materials outside of Franchisee's reasonable control, Franchisee shall refund
and/or credit to Franchisor such pro-rata royalties as are due or have been paid
to Franchisee with respect to such month in accordance with the calculation of a
Downtime Refund as applied to Franchisor pursuant to Section 3.20. Franchisor
undertakes to promptly notify Franchisee of any Downtime Incident. Franchisee
undertakes to use reasonable efforts to promptly cure any such Downtime
Incident, which it shall do at its sole cost and expense. The determination of
whether a Material Interruption has occurred in any given month shall be made
from the date and time a Defect Notice is received by Franchisee. For purposes
of the determination whether a Material Interruption has occurred, personnel
affiliated with Franchisor shall not be deemed to be under the control of
Franchisee, and any products, services, and/or materials belonging to Franchisor
shall not be deemed to be under the control of Franchisee except where
Franchisee has been expressly granted control thereof in writing by Franchisor.

                                       12
<PAGE>

For purposes of clarity, Franchisee shall, in addition to the foregoing, be
responsible for any and all costs and expenses related to reliable operation and
maintenance of the System, the Franchised Business and the Franchisee Database
within the Territory which are not expressly assumed by Franchisor elsewhere in
this Agreement.

                                       13
<PAGE>

5.   FEES, EXPENSES AND ROYALTIES, REVENUE SHARING

5.1  In consideration for this Agreement, the services provided hereunder and
the franchise and license granted herein, Franchisee shall pay to Franchisor
such fees (the "Fees") and expenses (the "Expenses") set forth in Exhibit E
                                                                  ---------
annexed hereto and made a part hereof.

5.2  Fees shall be paid at such times as are set forth in Exhibit E and all
                                                          ---------
Expenses shall be paid within 30 days of invoicing.

5.3  Franchisee shall also pay to Franchisor on-going royalties (the
"Royalties") during the Term as set forth in Exhibit F annexed hereto and made a
                                             ---------
part hereof.

5.4  Franchisor shall pay to Franchisee Royalties in connection with the
Franchisor License during the Term as set forth in Exhibit F.
                                                   ---------

5.5  All Royalties shall be paid within 60 days after the end of each month with
respect to Gross Income or Gross Advertising Income (as such terms are
hereinafter defined), as the case may be, recorded in that month. "Gross Income"
shall mean all revenues, excluding advertising revenues, earned from licensed
activities hereunder without any deductions whatsoever. "Gross Advertising
Income" shall mean all advertising revenues earned from licensed activities
hereunder without any deductions whatsoever.

5.6  Except as otherwise specified in writing from time-to-time, all Fees,
Expenses, Royalties and any other payments (collectively, "Payment Obligations")
due to Franchisor hereunder shall be payable in United States currency and, with
respect to payments to Franchisee, in the currency as specified from
time-to-time by Franchisee, in each case by wire transfer of funds pursuant to
written instructions provided by each party to the other party. Any overdue
Payment Obligations which are late by more than a 60 day grace period following
the due date ("Grace Period") shall bear interest at the rate of 1.9% per month
(based on a 360 day year) or the maximum rate permitted under applicable laws,
whichever is less. Should any Franchisee or Franchisor Payment Obligation be
late more than twice during the Term of this Agreement by more than 10 days from
its respective due date, the right of Grace Period hereunder shall terminate
immediately and interest shall accrue on any unpaid Payment Obligations as of
the respective due date at the foregoing rate.

5.7  With respect to each of Franchisor and Franchisee, except as otherwise set
forth herein, there shall be no deduction from Royalties for uncollectable
accounts, or for taxes, fees, assessments or other expenses of any kind which
may be incurred in connection with: (i) royalty payments; (ii) manufacturing,
sales, distribution or advertising; or (iii) the transfer of funds or royalties
or the conversion of any currency. It shall be the sole responsibility and at
the sole expense of the Franchisee to obtain the approval of any authorities
with respect to its operation of the System within the Territory; to take
whatever steps may be required to effect the payment of funds from abroad; to
minimize or eliminate the incidence of foreign taxes, fees or assessments which
may be imposed; to commence or continue doing business in any foreign territory;
and to comply in any and all material respects with all applicable laws and
regulations. It shall be the sole responsibility and at the sole expense of the
Franchisor to obtain the approval

                                       14
<PAGE>

of any relevant authorities outside of the Territory with respect to its
operation of the System; to take whatever steps may be required to effect the
payment of funds from abroad; to minimize or eliminate the incidence of foreign
taxes, fees or assessments which may be imposed; to commence or continue doing
business in any foreign territory; and to comply in any and all material
respects with all applicable laws and regulations.

5.8   Each party shall furnish the other party, at the same time it makes
payment of Royalties, with a full and complete statement, duly certified by an
officer to be true and accurate, showing all Gross Income and/or Gross
Advertising Income, as the case may be, received during the month in question,
the amount of royalties due with respect to such income, and a breakdown by
category and country of where such income was earned, together with such other
pertinent information as either party may reasonably be requested from time to
time. All figures and monetary amounts shall first be stated in the currency in
which the sales were actually made. If several currencies are involved in any
reporting category, that category shall be broken down by each such currency.
Next to each currency amount shall be set forth the equivalent amount stated in
United States Dollars, and the rate of exchange used in making the required
conversion calculation. The rate of exchange shall be the actual rate of
exchange obtained on the date of payment. Each of the parties shall use
reasonable efforts to collect their respective accounts receivable which are
included within the subject matter of this Agreement.

5.9   Franchisor agrees that all advertising revenues generated directly or
indirectly by Franchisor or Franchisor's franchisees (including Franchisee)
shall be allocated and distributed in accordance with Exhibit F.

5.10  (a) Franchisee acknowledges that the bandwidth requirements with respect
to digital deliveries into the Territory are substantial and therefore
Franchisee agrees to defray such of Franchisor's bandwidth costs in an amount
proportionate to the percentage which the aggregate material from the Franchisor
Digital Music Database and databases of other Franchisor franchisees that are
delivered into the Territory each calendar month represent as a portion of
Franchisor's total bandwidth costs for each such month, which defrayment amounts
shall offset and be deducted from Royalties due from Franchisor to Franchisee
upon presentation of usage information, relevant bandwidth invoices and
specification of the foregoing allocation of costs thereof, and (b) Franchisor
acknowledges that the bandwidth requirements with respect to digital deliveries
from the Territory are substantial and therefore Franchisor agrees to defray
such of Franchisee's bandwidth costs in an amount proportionate to the
percentage which the aggregate material from Franchisee's Digital Music Database
delivered from the Territory to Franchisor and other franchisees each calendar
month represents as a portion of Franchisee's total bandwidth costs for each
such month, which defrayment amounts shall offset and be deducted from Royalties
due from Franchisee to Franchisor upon presentation of usage information,
relevant bandwidth invoices and specification of the foregoing allocation of
costs thereof.

5.11  Franchisor acknowledges that Franchisee is engaged in other businesses,
including, but not limited to other businesses conducted on the Internet and
that, in particular, the Franchisee RadioMoi Web Site shall only constitute a
portion of Franchisee's Website. Revenues of Franchisee which are not derived in
connection with Franchisee RadioMoi Web Site and/or

                                       15
<PAGE>

which are derived outside of the scope of the Franchised Business shall not be
subject to the terms of this Agreement.

6.   FRANCHISOR INTELLECTUAL PROPERTY

6.1  Franchisor represents with respect to the Franchisor Intellectual Property
that:

     6.1.1    Franchisor is the exclusive owner throughout the world of all
              right, title and interest in and to the Franchisor Intellectual
              Property, except any portions thereof for which it may be a duly
              authorized user and/or licensee of a third party ("Licensed
              Portions"). With respect to the Licensed Portions, Franchisor is
              and shall be throughout the Term duly licensed to use, and to
              permit Franchisee to use, the Licensed Portions, without any
              limitations or conditions, save and except for any such
              limitations or conditions provided in this Agreement. Franchisor
              has the right to grant all rights and benefits being granted to
              Franchisee hereunder. Franchisee's use of the System and/or any
              element thereof as contemplated herein will not violate the rights
              of any nature or kind of any third party, including, without
              limitation, any copyright, trademark or other intellectual
              property rights of any nature or kind.

     6.1.2    Franchisor shall take all steps reasonably necessary to preserve
              and protect the ownership and validity in and to the Franchisor
              Intellectual Property.

     6.1.3    Except as otherwise provided herein, the Franchisor Intellectual
              Property is as of the date hereof free and clear of any and all
              Encumbrances whatsoever. For purposes of the foregoing,
              "Encumbrances" means mortgages, charges, pledges, security
              interest, liens, encumbrances, actions, claims, demands and
              equities of any nature whatsoever or howsoever arising and any
              rights or privileges capable of becoming and is the foregoing.
              During the Term of this Agreement, Franchisor undertakes that the
              Franchisor Digital Music Database shall not become subject to
              Encumbrances except with respect to loans which may be made to
              Franchisor through recognized international institutional lenders
              and/or such Encumbrances which may granted by Franchisor as
              security in an offering of Franchisor's public indebtedness.

     6.1.4    To the best knowledge of Franchisor after reasonable
              investigation, none of the software included as part of the
              Franchisor Intellectual Property contains any known virus, Trojan
              horse, worm, software lock, drop dead device or any other limiting
              routine that would intentionally erase data or render such
              software to become incapable of being used.

     6.1.5    All software included as part of the Franchisor Intellectual
              Property (i) shall be able to accurately process date data
              including, without limitation, calculating, comparing and
              sequencing from, into and between the 20th and 21st centuries,
              including leap year calculations; and (ii) is fully capable of
              operating as required to accommodate the year 2,000 and beyond.

                                       16
<PAGE>

6.2  With respect to the Franchised Business, Franchisee agrees that:

     6.2.1    [Intentionally omitted].

     6.2.2    Franchisee shall not make any Enhancements to the Franchisor
              Intellectual Property.

     6.2.3    Subject to Section 1.14, Franchisee shall use the Franchisor
              Intellectual Property only in connection with the operation of the
              Franchised Business in the Territory.

     6.2.4    During the Term of this Agreement, Franchisee shall, where
              reasonably possible, identify Franchisor as the owner of the
              Franchisor Intellectual Property, including, but not limited to,
              on invoices, order forms, receipts and contracts related to the
              System, and at such conspicuous location on Franchisee's RadioMoi
              Web Site pages allocated to RadioMoi, all products and hardware
              related to the System and locations of the Franchised Business'
              premises as are related to the System, as Franchisor shall
              reasonably request. Such identification shall be in the form which
              specifies Franchisor's name, followed by such other identification
              as shall be approved by Franchisor.

     6.2.5    Franchisee's right to use the Franchisor Intellectual Property is
              limited to such uses as are authorized under this Agreement, and
              any material unauthorized use thereof shall constitute an
              infringement of Franchisor's rights.

     6.2.6    Franchisee shall not use the Franchisor Intellectual Property to
              incur any obligation or indebtedness on behalf of Franchisor.

     6.2.7    Franchisee shall not use some or all of the Franchisor
              Intellectual Property as part of its corporate or other legal
              name, without the prior written consent of Franchisor.

     6.2.8    Franchisee shall promptly comply with Franchisor's reasonable
              requests and instructions for filing and maintaining any requisite
              trade name or fictitious name registrations, and shall execute any
              reasonable documents or instruments reasonably deemed necessary by
              Franchisor to obtain protection for the Franchisor Intellectual
              Property or to maintain their continued validity and
              enforceability of any and all direct or indirect rights thereof,
              provided, however, that any and all fees, costs and expenses
              incurred by Franchisee on behalf of Franchisor with respect to the
              foregoing shall be at the sole cost and expense of Franchisor.

     6.2.9    Franchisee shall include correct trademark, trade name, copyright,
              trade secrets and patent notices for the Franchisor Intellectual
              Property on all System related materials and equipment where
              appropriate, and shall not remove, alter, cover, obfuscate or
              otherwise deface any trademark, trade name, patent, trade secret
              or

                                       17
<PAGE>

              copyright notice on any promotion or advertising material used,
              directly or indirectly, in conjunction with or for Franchisor
              Intellectual Property.

     6.2.10   Franchisee shall not market or deliver access to the Franchisee
              Database from a particular jurisdiction of the Territory unless
              and until all regulatory approvals, licenses and permits required
              by the applicable performing arts societies ("Rights Society") of
              such jurisdiction or any court of competent jurisdiction,
              governmental body or regulatory agency (a "Regulatory Body") have
              been obtained, and, Franchisee, at its sole cost and expense,
              shall prepare and submit any and all appropriate applications,
              data and other information required by such Rights Society or
              Regulatory Body in such jurisdiction and have obtained all
              requisite approvals, licenses and permits for authorized and
              compliant operation of the Franchisee Database in such
              jurisdictions. Notwithstanding the foregoing, Franchisor
              undertakes to provide reasonable assistance, by means of letter,
              telephone, fax, e-mail or similar communication, on behalf of
              Franchisee with respect to facilitating the acquisition of any
              requisite regulatory approvals, licenses and/or permits required
              by such Rights Societies, including (a) performing rights, (b)
              master rights, (c) artist rights, (d) ephemeral rights and (e)
              mechanical rights.

     6.2.11   Franchisee, at its sole cost and expense, shall be responsible and
              shall promptly pay, any and all royalties and other fees,
              assessments, taxes or charges imposed by any Regulatory Body or
              Rights Society with jurisdiction for the Territory with respect to
              operation of the Franchised Business in each jurisdiction within
              the Territory and undertakes to assure on-going legal compliance
              with the requirements of applicable copyright law within the
              Territory, any Rights Society and each Regulatory Body with
              relevant jurisdiction thereof, including, but not limited to, the
              timely filing of any reports required by any such applicable rule,
              law or entity. At the request of Franchisor, Franchisee shall
              promptly provide copies of documentation evidencing compliance
              with the foregoing requirements and copies of any and all such
              filings.

6.3  Franchisee expressly understands and acknowledges that:

     6.3.1    As between the parties hereto, Franchisor is the owner of all
              right, title, and interest in and to the Franchisor Intellectual
              Property and the goodwill associated with and/or embodied or
              symbolized by them.

     6.3.2    The Proprietary Marks are valid and serve to identify the System
              and those who are franchised to use the System.

     6.3.3    Franchisee shall not directly or indirectly contest the validity
              or the ownership of the Franchisor Intellectual Property.

     6.3.4    Franchisee's use of the Franchisor Intellectual Property pursuant
              to this Agreement does not give Franchisee any ownership interest
              or other interest in or

                                       18
<PAGE>

              to the Franchisor Intellectual Property, except the franchise and
              license granted herein.

     6.3.5    Any and all goodwill arising from Franchisee's use of the
              Franchisor Intellectual Property in the Franchised Business shall
              inure solely and exclusively to the benefit of Franchisor, and
              upon termination of this Agreement and the franchise and license
              herein granted, no monetary amount shall be assigned as
              attributable to any goodwill associated with Franchisee's use of
              the Franchisor Intellectual Property.

     6.3.6    The right and license of the Franchisor Intellectual Property
              granted hereunder to Franchisee is exclusive only in the
              Territory, and Franchisor thus may:

              6.3.6.1  Itself use, and grant franchises to others to use, the
                       Franchisor Intellectual Property outside of the
                       Territory.

              6.3.6.2  Subject to Sections 1.1.2, 1.1.3 and 18 establish,
                       develop, and franchise other systems, different from the
                       System franchised herein, without offering or providing
                       Franchisee any rights in, to, or under such other
                       systems.

              6.3.6.3  Itself use, and grant franchises to others to use, the
                       Franchisee Database outside of the Territory during the
                       Term.

6.4  Franchisee shall, upon learning thereof, promptly notify Franchisor of any
unauthorized use of the Franchisor Intellectual Property, any challenge to the
validity of the Franchisor Intellectual Property, or any challenge to
Franchisor's ownership of, or Franchisee's right to use, the Franchisor
Intellectual Property. Franchisee acknowledges that Franchisor has the sole
right to direct and control any administrative proceeding or litigation
involving the Franchisor Intellectual Property, including any settlement
thereof. Franchisor has the obligation, to take action against uses by others
that may reasonably constitute material infringement of the Franchisor
Intellectual Property.

6.5  Provided Franchisee is not in material breach of this Agreement, Franchisor
will defend, at Franchisor's expense, against any third party claim, suit, or
demand involving the Franchisor Intellectual Property licensed hereunder and
arising out of Franchisee's use thereof, provided, that Franchisor is promptly
notified in writing and is given complete authority and information required for
defending or settling any such claim, suit or demand and, further provided, that
Franchisee is not in material breach of this Agreement. If, within a reasonable
time Franchisor does not assume active control of such third party claim, suit,
or demand (each, an "Action"), Franchisee may assume authority over such Action,
and upon written notice to Franchisor of the assumption of such authority,
Franchisor shall therewith be responsible to pay for any and all reasonable
legal or other expenses incurred by Franchisee in connection with the defense of
the Action. Franchisor shall not, without the prior written consent of
Franchisee, settle or compromise or consent to the entry of any judgment in any
pending or threatened Action, suit or proceeding in respect of which
indemnification may be sought hereunder unless such settlement,

                                       19
<PAGE>

compromise or consent includes an unconditional release of Franchisee from any
and all liability arising out of such Action.

6.6  In the event of any litigation or administrative proceeding relating to the
Franchisor Intellectual Property, Franchisee shall execute any and all
reasonable documents and do all reasonable acts as may, in the reasonable
opinion of Franchisor, be necessary to carry out such defense or prosecution,
including, but not limited to, becoming a nominal party to any legal action.
Except to the extent that such litigation is the result of Franchisee's use of
the Franchisor Intellectual Property in a manner inconsistent with the terms of
this Agreement, Franchisor agrees to reimburse Franchisee for its out of pocket
costs in performing such acts. Notwithstanding the foregoing, Franchisor shall
not pay for ordinary course of business expenses of Franchisee during any such
defense or prosecution, including, but not limited to, the salary costs of
Franchisee employees.

6.7  The provisions of Section 6.5 and 6.6 (collectively, the "Franchisor Action
Provisions") shall survive termination of this Agreement for a period of two
years (the "Franchisor Action Extension Period"), it being understood that if
notice of any Action under the Franchisor Action Coverage Provisions is made
within the Franchisor Action Extension Period, such Franchisor Action Coverage
Provision shall survive until such Action is definitively settled or a court of
competent jurisdiction shall have finally determined that such Action shall not
exist to the extent claimed by the other party.

6.8  To ensure that Franchisee will have access to such of the Franchisor
Intellectual Property as may be necessary to permit it to use the System as
contemplated by this Agreement, Franchisor agrees to provide to an escrow agent,
the identity of which is satisfactory to Franchisor and Franchisee, a copy of
all source code and object code used in, or in connection with the System,
concurrently with the deployment or delivery of the System by Franchisee to
Franchisee. Said escrow agent will hold such code in escrow, and release it if
and only if it is permitted to do so pursuant to the terms and conditions of the
Escrow Agreement appended hereto as Exhibit G. The parties shall execute an
Escrow Agreement substantially in the form of Exhibit G concurrently with the
execution of this Agreement. If Franchisee is entitled to receive any source
code or object code pursuant to said Escrow Agreement, (i) Franchisor will be
deemed to automatically have granted to Franchisee a non-exclusive and
irrevocable license during the remainder of the Term and throughout the
Territory to use such elements of the System (and all required underlying
Franchisor Technology) as are necessary solely to obtain the same level of
operability, delivery and deployment of the Franchised Business as contemplated
by this Agreement.

7.   FRANCHISEE DATABASE

7.1  Franchisor represents with respect to the Franchisee Database that:

     7.1.1    Franchisee is the exclusive owner throughout the world of all
              right, title, and interest in and to the Franchisee Database.

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     7.1.2    Franchisee shall take all steps reasonably necessary to preserve
              and protect the ownership and validity in and to the Franchisee
              Database.

7.2  Franchisor expressly understands and acknowledges that:

     7.2.1    Franchisor shall use the Franchisee Database only in the manner
              authorized and permitted hereunder by Franchisor and only during
              the Term.

     7.2.2    Franchisor shall use the Franchisee Database only outside of the
              Territory and shall only use the Franchisee Database in or as part
              of the System.

     7.2.3    During the Term of this Agreement, Franchisor, where reasonably
              possible, shall identify Franchisee as the owner of the Franchised
              Business and/or at such times and places as Franchisor references
              the Franchised Business or the Franchisee Database.

     7.2.4    Franchisor's right to use the Franchisee Database is limited to
              such uses as are authorized under this Agreement, and any material
              unauthorized use thereof shall constitute an infringement of
              Franchisee's rights.

     7.2.5    Franchisor shall not use the Franchisee Database to incur any
              obligation or indebtedness on behalf of Franchisee.

     7.2.6    Franchisor shall not market or deliver access to the Franchisee
              Database from any jurisdiction outside of the Territory unless and
              until all regulatory approvals, licenses and permits required by
              the applicable Rights Society of any such jurisdiction and/or the
              applicable Regulatory Body have been obtained, and, Franchisor, at
              its sole cost and expense, shall prepare and submit any and all
              appropriate applications, data and other information required by
              any such Rights Society or Regulatory Body in such jurisdiction,
              and have obtained all requisite approvals, licenses and permits
              for authorized and compliant delivery of the Franchisee Database
              in such jurisdiction. Notwithstanding the foregoing, Franchisee
              undertakes to provide reasonable assistance, by means of letter,
              telephone, fax, e-mail or similar communication, on behalf of
              Franchisor with respect to facilitating the acquisition of any
              requisite regulatory approvals, licenses and/or permits which
              involves the Franchisee Database and which may be required by such
              Rights Societies outside of the Territory, including for (a)
              performing rights, (b) master rights, (c) artist rights, (d)
              ephemeral rights and (e) mechanical rights.

     7.2.7    Franchisor, at its sole cost and expense, shall be responsible for
              and shall promptly pay, any and all royalties and other fees,
              assessments, taxes or charges imposed by any Regulatory Body or
              Rights Society having jurisdiction with respect to operation of
              the System outside of the Territory and for delivery of, and
              access to, the Franchisor Digital Music Database outside of the
              Territory, and

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              Franchisor undertakes to assure on-going legal compliance with the
              requirements of applicable rules and laws with respect to
              operation of the System and the Franchisor Digital Music Database
              outside of the Territory, including, but not limited to, the
              timely filing of any reports required by any Rights Society or
              Regulatory Body with jurisdiction thereof. Upon execution by
              Franchisee of Franchisor's customary non-disclosure agreement,
              Franchisee shall be permitted reasonable access to Franchisor's
              books and records evidencing Franchisor's compliance with the
              foregoing.

     7.2.8    The right and license of the Franchisee Database granted hereunder
              to Franchisor is exclusive only outside of the Territory, and
              Franchisee thus may:

              7.2.8.1  Subject to Sections 13 and 18 herein, itself use, and
                       grant franchises to others to use, the Franchisee
                       Database within the Territory.

              7.2.8.2  Subject to Sections 1.1.2, 1.1.3, 13 and 18, establish,
                       develop, and franchise other systems, different from the
                       System franchised herein, without offering or providing
                       Franchisor any rights in, to, or under such other
                       systems.

              7.2.8.3  Subject to Sections 13 and 18, itself use, and grant
                       franchises to others to use, the Franchisee Database
                       within the Territory during the Term.

     7.2.9    As between the parties hereto, Franchisee is the owner of all
              right, title, and interest in and to the Franchisee Database and
              the goodwill associated with and/or embodied or symbolized
              therein.

     7.2.10   Franchisor shall not directly or indirectly contest the validity
              or the ownership of the Franchisee Database.

     7.2.11   Franchisor's use of the Franchisee Database pursuant to this
              Agreement does not give Franchisor any ownership interest or other
              interest in or to the Franchisee, except the license granted
              herein.

7.3  Franchisor shall, upon learning thereof, promptly notify Franchisee of any
unauthorized use of the Franchisee Database, any challenge to the validity of
the Franchisee Database, or any challenge to Franchisee's ownership of, or
Franchisor's right to use, the Franchisee Database. Franchisor acknowledges that
Franchisee has the sole right to direct and control any administrative
proceeding or litigation involving the Franchisee Database, including any
settlement thereof. Franchisee has the obligation to take action against uses by
others that may reasonably constitute material infringement of the Franchisee
Database.

7.4  Provided Franchisor is not in material breach of this Agreement has used
the Franchisee Database in accordance with this Agreement, Franchisee will
defend at Franchisee's expense

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against any third party claim, suit, or demand involving the Franchisee Database
licensed hereunder and arising out of Franchisor's use thereof, provided, that
Franchisee is promptly notified in writing and is given complete authority and
information required for defending or settling any such claim, suit or demand
and, further provided, that Franchisor is not in material default or breach of
this Agreement. If, within a reasonable time Franchisee does not assume active
control of such third party claim, suit, or demand (each, an "Action"),
Franchisor may assume authority over such Action, and upon written notice to
Franchisee of the assumption of such authority, Franchisee shall therewith be
responsible to pay for any and all reasonable legal or other expenses incurred
by Franchisor in connection with the defense of the Action. Franchisee shall
not, without the prior written consent of Franchisor, settle or compromise or
consent to the entry of any judgment in any pending or threatened Action, suit
or proceeding in respect of which indemnification may be sought hereunder unless
such settlement, compromise or consent includes an unconditional release of
Franchisor from any and all liability arising out of such Action.

7.5  In the event of any litigation or administrative proceeding relating to the
Franchisee Database, Franchisor shall execute any and all reasonable documents
and do all reasonable acts as may, in the reasonable opinion of Franchisee, be
necessary to carry out such defense or prosecution, including, but not limited
to, becoming a nominal party to any legal action. Except to the extent that such
litigation is the result of Franchisor's use of the Franchisee Database in a
manner inconsistent with the terms of this Agreement, Franchisee agrees to
reimburse Franchisor for its out of pocket costs in performing such acts.
Notwithstanding the foregoing, Franchisee shall not pay for ordinary course of
business expenses of Franchisor during any such defense or prosecution,
including, but not limited to, the salary costs of Franchisor employees.

7.6  The provisions of Section 7.4 and 7.5 (collectively, the "Franchisee Action
Coverage Provisions") shall survive termination of this Agreement for a period
of two years (the "Franchisee Action Extension Period"), it being understood
that if notice of any Action under the Franchisee Action Coverage Provisions is
made within the Franchisee Action Extension Period, such Franchisee Action
Coverage Provision shall survive until such Action is definitively settled or a
court of competent jurisdiction shall have finally determined that such Action
shall not exist to the extent claimed by the other party.

8.   CONFIDENTIAL MANUAL

8.1  Franchisee shall at all times treat the Technical Manual, all supplements
and revisions thereto, any other manuals created for or approved for use in the
operation of the Franchised Business and the information contained therein as
confidential, and shall use all reasonable efforts to maintain the
confidentiality of such information. Franchisee shall not at any time, without
Franchisor's prior written consent, copy, duplicate, record, or otherwise
reproduce the foregoing materials, in whole or in part, nor otherwise make the
same available to any unauthorized person. Franchisee may disclose such
information and materials only to such of Franchisee's employees, agents, or
others who must have access to it in connection with their employment or the
operation of the Franchised Business, in which event Franchisee shall obtain the
agreement of such persons and entities to maintain the confidentiality thereof.
The Technical Manual shall remain at all times the sole property of Franchisor.

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8.2  Only Franchisor, acting reasonably, may, from time to time, revise the
contents of the Technical Manual, and Franchisee expressly agrees within a
reasonable period, to promptly comply with each new or changed standard,
provided the same is reasonable, is necessary to improve quality in order to
more efficiently and better serve customers and does not result in Franchisee
having to incur material additional expenses and/or purchase new material
equipment or software. Franchisor shall advise Franchisee of any and all changes
to the Technical Manual. Franchisor shall at all times ensure that Franchisee
has reasonable access to the on-line version of the Technical Manual and
Franchisee, agrees to keep current with respect to Technical Manual mandates. In
the event of any dispute as to the content of the Technical Manual, the terms of
the master copy of the Technical Manual maintained on-line by Franchisor shall
be controlling.

9.   CONFIDENTIAL INFORMATION

9.1  Franchisee shall not, during the Term of this Agreement or thereafter for a
period of one (1) year, communicate, divulge, or use for the benefit of any
other person, persons, partnership, association, or corporation any confidential
information, knowledge, technology, know-how or other data concerning the
System, the operation of the Franchised Business, or the Franchisor Intellectual
Property (the "Confidential Information"), which may be communicated to
Franchisee, or of which Franchisee may be apprised, by virtue of Franchisee's
operation under the terms of this Agreement. Franchisee shall divulge
Confidential Information only to such of Franchisee's employees or agents as
must have access to it in order to operate the Franchised Business. Confidential
Information shall not include information which Franchisee can demonstrate came
to Franchisee's attention prior to disclosure thereof by Franchisor, or which,
at or after the time of disclosure by Franchisor to Franchisee, had become or
later becomes a part of the public domain, through publication or communication
by others, or which Franchisee is required by law to disclose.

9.2  Franchisee acknowledges that the provisions in this Section 9 are and have
been a primary inducement to Franchisor to enter into this Agreement, and that
any failure to comply with the requirements of Section 9.1 may cause Franchisor
irreparable injury without an adequate remedy at law. Franchisee agrees that
Franchisor shall be entitled, in addition to any other remedies that may be
available in law, equity or otherwise, to obtain specific performance of, or an
injunction against any violation or threatened violation of, the requirements of
Section 9.1.

9.3  Franchisor shall not, during the term of this Agreement or thereafter for a
period of one (1) year, communicate, divulge, or use for the benefit of any
other person, persons, partnership, association, or corporation any Confidential
Information which may be communicated to Franchisor, or of which Franchisor may
be apprised, by virtue of Franchisor's operation under the terms of this
Agreement. Franchisor shall divulge Confidential Information only to such of
Franchisor's employees or agents as must have access to it in order to operate
the System. Confidential Information shall not include information which
Franchisor can demonstrate came to Franchisor's attention prior to disclosure
thereof by Franchisee, or which, at or after the time of disclosure by
Franchisee to Franchisor, had become or later becomes a part of the public

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domain, through publication or communication by others, or which Franchisor is
required by law to disclose.

10.   ACCOUNTING, RECORDS AND REPORTING

10.1  Record Keeping and Reports by Franchisee; Audit Rights of Franchisor

      10.1.1   Franchisee shall keep complete and accurate records and books of
               account containing all information necessary for the computation
               and verification of the amounts to be paid by Franchisee to
               Franchisor hereunder. Said records and books shall be kept for a
               period of three years following the end of the accounting period
               to which the information pertains.

      10.1.2   Franchisee shall submit to Franchisor (i) the monthly report
               pursuant to Section 4.7, and (ii) the monthly statement pursuant
               to Section 5.8.

      10.1.3   Franchisor or its designated agents shall have the right at a
               reasonable time upon reasonable notice to examine and copy, at
               its expense, all of Franchisee's books, records, and tax returns
               related to the Franchised Business and Franchisee's audited
               financial statements; to confer with Franchisee's independent
               auditor concerning the details of Franchisee's financial reports
               and condition; and to have an independent audit made. If an
               inspection or audit should reveal that payments have been
               understated in any report to Franchisor, then Franchisee shall
               immediately pay to Franchisor the amount understated upon demand,
               in addition to interest from the date such amount was due until
               paid, at one and one half percent per month or the maximum rate
               permitted by law, whichever is less. If an inspection discloses
               an underpayment to Franchisor of ten percent or more of the total
               amount that should have been paid to Franchisor during any six-
               month period, Franchisee shall, in addition to repayment of such
               understated amount, with interest, reimburse Franchisor for any
               and all costs and expenses incurred in connection with the
               inspection or audit (including, without limitation, reasonable
               accounting and attorney's fees). The foregoing remedies shall be
               in addition to any other remedies Franchisor may have, including,
               without limitation the remedies for default.

10.2  Record Keeping by Franchisor; Audit Rights of Franchisee

      10.2.1   Franchisor shall keep complete and accurate records and books of
               account containing all information necessary for the computation
               and verification of the amounts to be paid by Franchisor to
               Franchisee hereunder and also with respect to the Revenue
               Sharing. Said records and books shall be kept for a period of
               three years following the end of the accounting period to which
               the information pertains.

      10.2.2   Franchisor shall submit to Franchisee the monthly statement
               pursuant to Section 4.7 and 5.8.

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      10.2.3   Franchisee or its designated agents shall have the right at a
               reasonable time upon reasonable notice to examine and copy, at
               its expense, only such of Franchisor's books and records as are
               specifically related to the Franchised Business, the Revenue
               Sharing and any other matter specifically providing for such
               examination hereunder. Upon execution of Franchisor's customary
               and reasonable non-disclosure agreement, Franchisee shall have
               the right to confer with Franchisor's independent auditor
               concerning the details of Franchisor's financial reports and
               condition; and to have an independent audit made (at Franchisee's
               sole cost and expense). If an inspection should reveal that
               payments have been understated in any report to Franchisee, then
               Franchisor shall immediately pay to Franchisee the amount
               understated upon demand, in addition to interest from the date
               such amount was due until paid, at one and one half percent per
               month or the maximum rate permitted by law, whichever is less. If
               an inspection discloses an underpayment to Franchisee of ten
               percent or more of the total amount that should have been paid to
               Franchisee during any six-month period, Franchisor shall, in
               addition to repayment of such understated amount, with interest,
               reimburse Franchisee for any and all costs and expenses incurred
               in connection with the inspection (including, without limitation,
               reasonable accounting and attorney's fees). The foregoing
               remedies shall be in addition to any other remedies Franchisee
               may have, including, without limitation the remedies for default.

11.   ADVERTISING AND MARKETING

11.1  Recognizing the value of advertising and the importance of the
standardization of advertising programs to the furtherance of the goodwill and
public image of the System, the Franchisee agrees that all advertising by
Franchisee, with respect to the System in any medium shall be conducted in a
dignified manner, shall be of the highest caliber and shall conform to such
other reasonable standards and requirements as Franchisor may specify from time
to time in writing, provided, however, that the foregoing advertising
requirements shall be subject to culturally acceptable adaptation by Franchisee
and Franchisor's approval of such adaptation shall not unreasonably be withheld
or unduly delayed. Franchisee shall provide Franchisor with all advertising and
promotional materials it intends to use to promote the Franchised Business and
with English translations of all such materials at its sole expense. Franchisor
reserves the right to disapprove upon written notice to Franchisee any
advertising or promotional materials used by Franchisee, if in Franchisor's
reasonable judgement, such materials appear to have a material adverse effect
upon the System, infringe upon the proprietary rights of others, violate any law
or regulation, or subject Franchisor to any legal liability. Franchisee shall
immediately discontinue use of any disapproved advertising upon receipt of such
written notice.

11.2  Franchisee shall use its reasonable efforts, at its own expense, to
distribute, sell, advertise, promote and derive significant revenues from the
sale of products or services related to the Franchised Business.

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11.3  At all times during the Term, Franchisee shall not, directly or
indirectly, place any of Franchisor's competitor's advertising banners,
promotional buttons, promotional links or other promotional materials or content
on any Web site owned or controlled by Franchisee or any affiliate of
Franchisee. Except as to Franchisor, Franchisee or any other of Franchisor's
franchisees, "competitor" shall mean any person or business entity engaged in
any enterprise, whether for profit or not, for (i) the streaming of live or
recorded music on the Internet, (ii) production and/or sale of the Web Bar
Listening Post or similar device for sampling music via the Internet and placed
in retail record stores; (iii) provision of broadcast quality music files via
the Internet to radio stations and/or other businesses requiring digital music
files; (iv) provision of "canned" music programs to businesses via the Internet;
(v) marketing, sale or merchandising of any of items (i) to (iv) excluding, for
certainty, CDs and household items and products (such as, without limitation,
stereos, VCRs, computers (hardware and software), cameras, DVDs, radios and
televisions); (vi) providing any pointers or links, which in the sole and
reasonable opinion of Franchisor, are linked to or from any other Web page or
Internet Site offering access, sale or delivery of any of the foregoing items
via the Internet. Notwithstanding the foregoing, Franchisee may, upon written
consent of Franchisor which will not be unreasonably withheld, sell advertising
on the Franchisee Web Site from companies which sell music products, provided
however, that such company does not focus a substantial portion of its marketing
program on music or derive a substantial portion of its sales from music or
music-related services or products (for example, Amazon.com may be granted such
approval, but not MP3.com).

11.4  Within 90 days of the execution of this Agreement, and on or before each
one-year anniversary of the commencement date of this Agreement, the Franchisee
shall provide Franchisor with a written marketing plan with respect to the
Franchised Business. Each such marketing plan shall include a marketing
timetable, sales projections, channels and methods of distribution, nature and
amount of advertising and advertising expenditures, and any other information
which Franchisor may ask Franchisee to include. Each marketing plan shall
contain specific information for the one-year period immediately succeeding its
submission and general estimates or projections for subsequent periods during
which this Agreement remains in effect.

12.   RESTRICTIONS ON AND MANNER OF EXPLOITATION; WITHDRAWAL

12.1  The Proprietary Marks will not be used in conjunction with or commingled
with any other name, character, symbol, design, likeness, or literary or
artistic material, unless any such use is expressly permitted under this
Agreement or otherwise in writing by Franchisor.

12.2  Franchisor will have the right, by giving written notice to Franchisee, to
withdraw from the Franchised Business any element of the Franchisor Intellectual
Property if legal counsel of Franchisor delivers a written opinion that the use
or continued use of such element will violate or infringe the rights of any
third party ("Third Party Rights"), violate any law or regulation, or subject
Franchisor to any legal liability, and a copy of such opinion shall be forthwith
delivered to Franchisee. Nothing in this provision shall be construed to obviate
any representation or warranty of Franchisor which speaks as of the date hereof.
Upon the occurrence of any of the foregoing events, Franchisee shall have the
right, but not the obligation, to terminate this Agreement. In the event of any
termination due to Third Party Rights, Franchisor shall promptly

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refund to Franchisee any and all fees paid to Franchisor on a pro-rata basis
with respect to any remaining period of the Term of this Agreement following
such termination date.

13.   ASSIGNMENT, TRANSFER OR CONVEYANCE

13.1  Neither party shall during the Term, either voluntarily or by operation of
law, assign, transfer, convey or encumber this Agreement or any right or
interest thereunder without first obtaining the written consent of the other
party, and any such assignment, transfer, conveyance or encumbrance without such
written consent shall be null, void and of no force and effect. If Franchisee is
a corporation, the capital stock thereof shall not during the Term be sold,
assigned, pledged, mortgaged or transferred without the prior written consent of
Franchisor. Either party's written consent to any assignment, transfer,
conveyance or encumbrance shall not be unreasonably withheld or unduly delayed.
Franchisor's or Franchisee's written consent to any such assignment, transfer,
conveyance or encumbrance shall, however, be conditional upon any such assignee,
transferee, conveyee or encumbrancee being of good moral character and
reputation, having both a credit rating and competent business qualifications
reasonably satisfactory to Franchisor or Franchisee, as the case may be. In the
event that either party consents in writing to any such assignment, transfer,
conveyance or encumbrance, Franchisee or Franchisor, as the case may be, shall
remain fully liable for the performance of all obligations under the terms and
conditions of this Agreement unless any such purchaser, assignee or transferee
shall fully agree to enter into a similar agreement with Franchisee or
Franchisor, as the case may be, or fully assume the entire obligations of
Franchisee or Franchisor, as the case may be, under this Agreement and any other
written agreements then existing between Franchisee and Franchisor. In the event
of any written consent by either party to any assignment, transfer, conveyance
or encumbrance by the other party, whether voluntarily or by operation of law,
the assigning party shall reimburse the consenting party for all reasonable fees
and expenses, including attorney's fees, incurred by the consenting party, as a
result of such assignment, transfer, conveyance or encumbrance. Upon the
reasonable request of Franchisor, Franchisee shall promptly provide to
Franchisor a list of stockholders or other equity holders of ownership interests
in Franchisee. In addition, the written consent of the other party shall not be
unreasonably withheld or delayed with respect to any loans made to the
requesting party by or through recognized international institutional lenders,
which loan by its terms imposes a security interest or other Encumbrance on such
party's Digital Music Database.

13.2  Notwithstanding anything to the contrary contained in this Agreement, the
transfer of less than an aggregate of 10% equity interest in Franchisee in a
single or series of transactions, which does not have the affect of transferring
control, shall not require the prior approval of Franchisor; provided that
Franchisee notifies Franchisor in writing of such transfer(s) within 30 days
following such transfer and; further provided that no transfer, together with
other previous, simultaneous, or proposed transfers, shall have the effect of
transferring a controlling interest in the Franchisee. For the purposes of this
Section 13.2, "control" shall mean the possession, direct or indirect, of the
power to direct or cause the direction of the management and policies of a
person, corporation or other business entity, whether through the ownership of
voting securities, by contract, or otherwise.

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13.3  Upon the death or mental incompetence during the Term of a person owning
all or any interest in Franchisee, the executor, administrator, or personal
representative of such person shall transfer within three months after such
death or mental incompetence his interest to a third party approved by
Franchisor, which approval shall not be unreasonably withheld or unduly delayed.
Such transfers, including, without limitation, transfers by devise or
inheritance, shall be subject to the same conditions as any inter vivos
transfer. However, in the case of transfer by devise or inheritance, if the
heirs or beneficiaries of any such person are unable to meet the conditions in
this Section 13 for any reason, the personal representative of the deceased
shareholder shall have reasonable time to dispose of the deceased's interest in
the Franchisee, which disposition shall be subject to all the terms and
conditions for transfers contained in this Agreement. If the interest is not
disposed of within nine months, Franchisor may immediately terminate this
Agreement by giving Franchisee written notice thereof.

14.   RIGHT OF FIRST REFUSAL

If, during the Term, Franchisee shall receive a bona fide offer to purchase
during the Term the Franchised Business from a bona fide purchaser or purchasers
then, in such event, Franchisor shall have the first right (hereinafter called
the "Right of First Refusal") to purchase the Franchised Business at the same
price and under the same terms and conditions as any such bona fide offer.
Franchisee shall submit to Franchisor in writing, the complete details of any
such bona fide offer and the name of any such bona fide purchaser or purchasers
together with any additional facts or details concerning any such bona fide
offer or bona fide purchaser or purchasers that Franchisor may request.
Franchisor shall have 30 days after the receipt of such complete details from
Franchisee or from the written receipt of any such requested additional facts or
details from Franchisee, to purchase the Franchised Business for the same price
and under the same terms and conditions of any such bona fide offer received by
Franchisee from any such bona fide purchaser or purchasers. If Franchisor elects
not to exercise its Right of First Refusal as provided herein, then, in such an
event, Franchisee may accept any such bona fide offer from any such bona fide
purchaser or purchasers subject, nevertheless, to the terms and provisions of
Section 13, it being the intention and express understanding of the parties
hereto that nothing contained in this Section 14 shall either abrogate or take
precedence over the terms and provisions of Section 13, or Franchisor's right
expressly contained therein to consent, in writing, to any assignment, transfer,
conveyance or encumbrance of this Agreement or right or interest thereunder. For
purposes of clarity, the Franchisee's enterprises and companies other than the
"Franchised Business" shall not be subject to this provision, and in the event
any bona fide offer to purchase such other enterprises or companies encompasses
the Franchised Business, Franchisor's rights hereunder shall be limited only to
the extent of the Franchised Business and reasonable pro-rata determinations
shall be made to accommodate any Right of First Refusal arising under any such
circumstances.

15.   TERMINATION

This Agreement shall terminate upon the occurrence of any of the following
events:

15.1  By either party if the other party is in breach of any provision of this
Agreement and fails to fully cure such breach within 30 days after receiving
notice thereof from the non-breaching party, then the non-breaching

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party shall have the right to immediately terminate this Agreement by giving the
breaching party written notice of termination.

15.2  By either party if the other party breaches any material third party
obligation and fails to fully cure such breach within 30 days after receiving
notice thereof from the non-breaching party, then the non-breaching party shall
have the right to immediately terminate this Agreement by giving the breaching
party written notice of termination.

15.3  By Franchisor or Franchisee, as the case may be, during the Term, if the
other such party (the "Insolvent Party"), whether voluntarily or compulsory, is
adjudged a bankrupt or makes an assignment for the benefit of creditors or files
any petition for arrangement or reorganization or suffers the appointment of a
receiver or custodian over its business or assets, or if a final judgement
against the Insolvent Party remains unsatisfied or of record for 90 days or
longer, or if the Insolvent Party is liquidated or dissolved or takes steps to
cease or ceases its business, or if execution is levied against any asset of the
Insolvent Party, or suit to foreclose any lien or mortgage against any asset of
the Insolvent Party is instituted against Insolvent Party and not dismissed
within 90 days, or if any asset of the Insolvent Party is sold after levy. The
non-Insolvent Party, at its option, after the occurrence of any of the foregoing
events, may immediately terminate this Agreement by giving the Insolvent Party
written notice of termination.

15.4  By Franchisor or Franchisee, as the case may be, during the Term, if the
other such party (the "Convicted Party"), during the Term is convicted of a
felony or any other crime or offense that is reasonably likely to adversely
affect the System, the Franchisor or Franchisee Intellectual Property as the
case may be, the goodwill associated therewith or the respective interest
therein.

15.5  By Franchisor immediately upon giving Franchisee written notice of
termination if within three months of the execution of this Agreement,
Franchisee has failed to take good faith steps to exploit the rights granted to
it herein.

15.6  By Franchisor giving Franchisee written notice of termination in
accordance with Section 13.3.

15.7  By Franchisor giving Franchisee written notice of termination in
accordance with Section 16.

15.8  By Franchisee if within 45 days after delivery to Franchisor of a Defect
Notice to cure any Material Interruption (as defined in Section 3.19 above) with
regard to operation of the System, which Material Interruption is not
attributable to any third party products, services, personnel (including without
limitation, Franchisee personnel) or materials outside of Franchisor's
reasonable control, and if within such 45 day period such Material Interruption
has not been substantially remedied to the reasonable satisfaction of
Franchisee, then the Franchisee shall have the right to immediately terminate
this Agreement by giving Franchisor written notice of termination ("Defect
Termination") and Franchisor shall refund and/or credit to Franchisee on a
pro-rata basis such fees as previously paid by Franchisee hereunder which are
attributable to the Term of this Agreement following the date of the Defect
Termination.

                                       30
<PAGE>

15.9  By Franchisor if within 45 days after delivery to Franchisee of a Defect
Notice to cure any Material Interruption (as defined in Section 3.19 above) with
regard to operation of the Franchised Business, which Material Interruption is
not attributable to any third party products, services, personnel or materials
outside of Franchisee's reasonable control, and if within such 45 day period
such Material Interruption has not been substantially remedied to the reasonable
satisfaction of Franchisor, then the Franchisor shall have the right to
immediately terminate this Agreement by giving Franchisee written notice of
termination ("Defect Termination").

15.10 By Franchisor, at its sole and unique discretion, upon payment to
Franchisee of $2,000,000 dollars, which payment shall not be refused by
Franchisee.

16.   BLOCKED CURRENCY

16.1  In the event that Franchisee shall be prohibited or restricted from making
payment of any monies at the time when same are due and payable to Franchisor
under this Agreement by reason of the laws or currency regulations within the
Territory, Franchisee shall promptly so advise Franchisor in writing. Franchisee
shall, upon Franchisor's request, deposit any such blocked funds to the credit
of Franchisor in a bank or banks or other depository in the Territory designated
in writing by Franchisor, or pay them promptly to such persons or entities as
Franchisor shall designate in writing. Franchisor shall have the right to
immediately terminate this Agreement if Franchisee is unable to make
arrangements reasonably satisfactory to Franchisor for Franchisor's receipt of
such blocked funds as contemplated above in this Section.

16.2  In the event that Franchisor shall be prohibited or restricted from making
payment of any monies at the time when same are due and payable to Franchisee
under this Agreement by reason of the laws or currency regulations within any
territory, Franchisor shall promptly so advise Franchisee in writing. Franchisor
shall, upon Franchisee's request, deposit any such blocked funds to the credit
of Franchisee in a bank or banks or other depository outside the Territory
designated in writing by Franchisee, or pay them promptly to such persons or
entities as Franchisee shall designate in writing. Franchisee shall have the
right to immediately terminate this Agreement if Franchisor is unable to make
arrangements reasonably satisfactory to Franchisee for Franchisee's receipt of
such blocked funds as contemplated above in this Section.

17.   OBLIGATIONS UPON TERMINATION

Upon termination of this Agreement, this Agreement and all rights granted
hereunder to Franchisee shall forthwith terminate, and within 30 days
thereafter:

17.1  Franchisee shall immediately cease to operate the Franchised Business and
shall not thereafter, directly or indirectly, represent to the public or hold
itself out as a present or former franchisee of Franchisor.

17.2  Franchisee shall immediately and permanently cease to use, in any manner
or medium whatsoever, the Franchisor Intellectual Property, and any identifying
characteristics or embodiments of the System, including, without limitation, the
Webcasting Technology, the

                                       31
<PAGE>

Franchisor Digital Music Database, all confidential methods, procedures and
techniques, and software, technology or devices associated with the System.
Franchisee shall promptly remove from its place of business and the Franchisee
Web Site, and discontinue using for any purpose, any and all signs, fixtures,
furniture, furnishings, equipment, advertising materials, stationery, supplies,
forms or other articles or materials in whatever form which display or contain
any element of the Franchisor Intellectual Property or any distinctive features
or designs associated with the System.

17.3  Franchisee shall cease from using or disclosing any Confidential
Information or know-how related to the Franchised Business, the System, or the
Franchisor Intellectual Property.

17.4  Franchisee shall immediately deliver to Franchisor, and cooperate to
effect an orderly, expeditious and efficient transfer of the Technical Manual,
all computer software programs, databases and technologies, and all other
Franchisor Intellectual Property in whatever medium or form, and all records,
files, instructions, correspondence, and all other materials provided by
Franchisor related to the operation of the Franchised Business, and all copies
thereof in whatever medium (all of which are acknowledged to be Franchisor's
property), and shall retain no copy or record of any of the foregoing, excepting
only Franchisee's copy of this Agreement and of any correspondence between the
parties, and any other documents which Franchisee reasonably needs for
compliance with any provision of law. Franchisor shall do the same with respect
to any Franchisee property.

17.5  Franchisor and Franchisee agree to negotiate in good faith for a period of
60 days commencing on or prior to the termination of this Agreement or a
reasonable period following termination, but no later than within 60 days after
termination of this Agreement, with respect to a mutually acceptable arrangement
pursuant to which Franchisor would license permanent rights to use and access
the Franchisee Database and/or any and all digitized tracks contained in the
Franchisee Database. If the parties are unable to agree on any such arrangement
within such 60 day period, then neither party will have any further obligation
with respect to negotiating such arrangement.

17.6  Franchisor shall immediately cease to use and cause its franchisees to
cease to use, in any manner or medium, the Franchisee Database. However,
Franchisee shall take such action as may be necessary to cancel any assumed name
or equivalent registration which contains any of the Proprietary Marks or any
variation thereof or any other service mark or trademark of Franchisor, provided
that Franchisor shall reimburse Franchisee for all reasonable costs, expenses
and fees incurred by Franchisee in connection therewith and Franchisee shall
furnish Franchisor with evidence satisfactory to Franchisor of compliance with
this obligation within 30 days after termination of this Agreement. Franchisee
hereby grants to Franchisor an irrevocable power of attorney to the full extent
necessary to cancel any assumed name or equivalent registration which contains
any of the Proprietary Marks or any variation thereof or any other service mark
or trademark of Franchisor, which power of attorney shall survive the
termination of this Agreement.

17.7  Franchisee shall promptly pay all sums owing to Franchisor and Franchisor
shall promptly pay all sums owing to Franchisee hereunder within 60 days of
termination. In the

                                       32
<PAGE>

event that termination is due to Franchisee's breach of this Agreement then such
sums due by Franchisee shall include all damages, costs and expenses, including
reasonable attorneys' fees, incurred by Franchisor as a result of such breach.
Franchisor shall have the right within 60 days (but subject to at least 7 days
prior notice to Franchisee) following termination of this Agreement, to conduct
a reasonable inspection of Franchisee's offices, and conduct a review and/or an
audit of Franchisee's books and records, for the purpose, among other things, of
assuring Franchisee's compliance with the provisions of this Section 17.

17.8  Franchisee shall pay to Franchisor all damages, costs and expenses,
including reasonable attorneys' fees, incurred by Franchisor subsequent to
termination of this Agreement in obtaining injunctive or other relief for the
enforcement of any provisions of this Section 17.

17.9  Franchisee shall comply with all of the provisions of Section 17.

18.   COVENANTS NOT TO COMPETE

18.1  Franchisee agrees that, except as otherwise approved in writing by
Franchisor, Franchisee shall not, during the Term or due to an event
contemplated in section 11.3 or 15.8, and, except in the situation where
termination is due to Franchisor's breach of this Agreement, for a continuous
uninterrupted one year period commencing upon the termination of this Agreement,
either directly or indirectly compete with Franchisor. For purposes of this
Agreement, "compete" shall mean engaging in any enterprise for (i) the streaming
of live or recorded music on the Internet, (ii) production and/or sale of the
Web Bar Listening Post or similar device for sampling music via the Internet and
placed in retail record stores; (iii) provision of broadcast quality music files
via the Internet to radio stations and/or other businesses requiring digital
music files; (iv) provision of "canned" music programs to businesses via the
Internet; (v) marketing, sale or merchandising of items (i) to (iv), excluding,
for certainty, CDs and household items and products (such as, without
limitation, stereo's, VCR's, DVD, computers (hardware and software), cameras,
radios, televisions); (vi) pointers or links, which in the sole and reasonable
opinion of Franchisor, are linked to or from any other Web page or Internet Site
offering access, sale or delivery of any of the foregoing items via the
Internet.

18.2  Franchisee agrees not to "compete" with any other franchisees of
Franchisor or establish customers in their respective exclusive territories for
one year from the expiration of the Term of this Agreement.

18.3  Franchisee agrees that during the Term of this Agreement, except as
otherwise approved in writing by Franchisor, Franchisee shall not, either
directly or indirectly, for itself, or through, on behalf of, or in conjunction
with any person, persons, partnership or corporation, intentionally divert or
attempt to divert any business or customer of the Franchised Business or other
franchisee of Franchisor, to any competitor, or competing business, by direct or
indirect inducement or otherwise, or intentionally do or perform, directly or
indirectly, any other act materially injurious or materially prejudicial to the
goodwill associated with the Franchisor Intellectual Property or the System.

                                       33
<PAGE>

18.4  Franchisee and Franchisor agree that neither party shall during the Term
and for a period of one (1) year thereafter seek to employ any person who is at
that time employed by the other party or otherwise directly or indirectly induce
such person to leave his or her employment.

18.5  These covenants against competition shall not apply to ownership by
Franchisee of less than a 10% beneficial interest in the outstanding equity
securities of any publicly held corporation even if that corporation is in
competition with Franchisor.

18.6  Franchisee expressly agrees that the existence of any claims it may have
shall not constitute a defense to the enforcement by Franchisor of the covenants
described in this Section 18. Franchisee shall pay all costs and expenses
(including attorneys' fees) incurred by Franchisor in connection with the
enforcement of these covenants.

18.7  Franchisee agrees that each of the foregoing covenants will be constructed
as independent of any other covenant or provision. If all, parts or any portion
of a covenant in this Agreement is held unreasonable or unenforceable by a court
or agency having valid jurisdiction in an unappealed final decision to which
Franchisor is a party, Franchisee expressly agrees to be bound by any lesser
covenant subsumed within the terms of such covenant that imposes the maximum
duty permitted by law, as if the resulting covenant were separately stated in
and made a part of this Section.

18.8  Each of these covenants is a separate and independent covenant in each of
the separate jurisdictions in which they may be enforced. To the extent that any
covenant may be determined to be judicially unenforceable in any jurisdiction,
that covenant shall not be affected with respect to any other jurisdiction.

18.9  Franchisee acknowledges that a violation of any of these covenants may
result in irreparable injury to Franchisor for which no adequate remedy may be
available, and that it may be difficult to determine the resulting damages to
Franchisor. Franchisee agrees that Franchisor shall be entitled, in addition to
any other remedies Franchisor may have in law, equity or otherwise, to obtain
specific performance of, or an injunction against any violation or threatened
violation of the requirements of this Section 18.

18.10 Franchisor agrees that it shall not grant any other franchises or similar
rights within the Territory to any competitor of Franchisee, which franchise or
rights (a) are related to the System and/or any Enhancements thereto, and (b)
would become effective during the Term of this Agreement. For purposes of
clarity, the foregoing covenant shall not apply to any Nonlicensed Franchisor
Intellectual Property except where separate written agreement with respect to
such subject matter is made between the parties.

19.   TAXES, PERMITS, AND INDEBTEDNESS

19.1  Franchisee shall promptly pay to Franchisor an amount equal to any sales
tax, gross receipts tax, or similar tax imposed on Franchisor with respect to
any payments made by Franchisor on behalf of Franchisee if required under this
Agreement, unless the tax is credited against income tax otherwise payable by
Franchisor.

                                       34
<PAGE>

19.2  In the event of any bona fide dispute as to liability for taxes assessed
or other indebtedness, Franchisee may contest the validity of the amount of the
tax or indebtedness in accordance with the procedures of the taxing authority or
applicable law; however, in no event shall Franchisee permit a tax sale or
seizure by levy of execution or similar writ or warrant, or attachment by a
creditor, to occur against the Franchised Business or any of its assets.

19.3  Each party shall notify the other party in writing within five days after
the commencement of any action, suit, or proceeding and of the issuance of any
order, writ, injunction, award, or decree of any court, agency, or other
governmental instrumentality which may materially adversely affect the operation
or financial condition of such respective party's business as it relates to this
Agreement.

20.   INDEPENDENT CONTRACTOR

20.1  It is understood and agreed by the parties hereto that this Agreement does
not create a fiduciary relationship between them, and Franchisee shall be an
independent contractor and that nothing in this Agreement is intended to
constitute either party an agent, legal representative, subsidiary, joint
venturer, partner, employee or servant of the other for any purpose whatsoever.

20.2  It is understood and agreed that nothing in this Agreement authorizes
either party to make any contract, agreement, warranty or representation on the
other's behalf, or to incur any debt or other obligation in the other's name,
and that neither party shall in any event assume liability for, or be deemed
liable hereunder as a result of, any such action, or by reason of any act or
omission of the other party or any claim or judgement arising therefrom. Except
as provided in Section 21 hereof, the parties hereto, as the case may be, shall
have no liability with respect to their respective obligations under this
Agreement or otherwise for indirect, special, incidental, consequential,
punitive or exemplary damages, whether in contract, in tort or otherwise,
including, but not limited to, loss of use, revenue or profit.

21.   INDEMNIFICATION

21.1  Except as otherwise provided in Section 7.5, Franchisee agrees to
indemnify and hold harmless Franchisor, and Franchisor's directors, officers,
employees, shareholders, agents, attorneys, designees, successors and assigns
from and against any and all claims, costs, damages, liabilities and expenses
(individually, a "Claim" and collectively, "Claims"), including without
limitation, reasonable attorneys' fees and expenses resulting from or arising
out of, directly or indirectly, Franchisee's performance or lack of performance,
and/or breach or alleged breach of any representation, warranty, or any other
provision of this Agreement.

21.2  Except as otherwise provided in Section 6.5, Franchisor agrees to
indemnify and hold harmless Franchisee, its directors, officers, employees,
agents, attorneys, successors and assigns authorized hereunder, from and against
any and all Claims, including without limitation, reasonable attorneys' fees and
expenses resulting from or arising out of, directly or indirectly, Franchisor's
performance or lack of performance and/or breach or alleged breach of any
representation, warranty or other provision of this Agreement.

                                       35
<PAGE>

21.3  Promptly after receipt by an indemnified party of notice of the
commencement of an action involving any Claim, the indemnified party shall give
written notice to the indemnifying party, provided, that the failure of the
indemnified party to give such notice shall not relieve the indemnifying party
of any of its obligations under this Section 21 except to the extent that the
indemnifying party is actually prejudiced by such failure. The indemnifying
party shall assume and control the defense, and all costs thereof, of any Claim
subject to indemnification hereunder. The indemnified party shall have the
right, at its own expense to participate in the defense of any Claim against
which it is indemnified without relieving the indemnifying party of any
obligation of indemnity hereunder; however, it shall have no right to consent to
judgement or agree to settle any such Claim. No indemnifying party, in the
defense of any such Claim, shall, except with the written consent of the
indemnified party, consent to entry of any judgement or enter into any
settlement which does not include, as an unconditional term, the grant by the
claimant, to the indemnified party, of a release from all liabilities in respect
of such Claim.

21.4  Any claim for indemnification under this Section 21 shall survive the
termination of this Agreement for a period of two years (it being understood
that if notice of any such Claim is made within the applicable time period, such
Claim shall survive until such Claim is paid in full or a court of competent
jurisdiction shall have finally determined that such Claim shall not exist to
the extent claimed by the indemnified party and then until such Claim shall be
paid to the extent so determined.

22.   MUTUAL REPRESENTATIONS AND WARRANTIES

Each party represents and warrants to the other that: (a) it has full power and
legal right to execute and deliver this Agreement and to perform its obligations
under this Agreement; (b) the execution, delivery and performance of this
Agreement have been authorized by all required action, corporate or otherwise,
and do not violate or conflict with any provisions of its respective charter,
By-laws or governing documents or any of its contractual obligations or
requirements of law binding upon it; (c) this Agreement constitutes its legal,
valid and binding obligation, enforceable against it in accordance with its
terms; (d) it has and shall maintain in full force and effect throughout the
Term, all governmental permits, licenses and authorizations required on its part
to perform its obligations under this Agreement; and (e) there is no pending or,
to the knowledge of each respective party, any threatened, legal,
administrative, arbitration or other proceeding or governmental investigation
which is likely to have a material adverse effect on performance of this
Agreement.

23.   APPROVALS AND WAIVERS

23.1  Whenever this Agreement requires the prior approval or consent of
Franchisor or Franchisee, as the case may be, the requesting party shall make a
timely written request to the other such party, and any such approval or consent
shall be deemed granted only to the extent obtained in writing in response to
such request. In the case where such prior approval or consent provides that it
shall not be unreasonably withheld, if the requesting party does not receive a
response from the other such party within ten (10) business days from the
confirmed date of receipt of such request by the other such party, such approval
or consent shall be deemed given by the other such party. For purposes of this
Agreement, the term "business days" shall mean

                                       36
<PAGE>

any day on which the principle executive offices of the Toronto Dominion Bank
located in Toronto, Ontario, Canada, are open for business.

23.2  Except as otherwise provided in this Agreement or any other written
agreement between Franchisor and Franchisee, Franchisor makes no warranties or
guarantees upon which Franchisee may rely, as to merchantability and fitness of
the System for a particular purpose or that the Franchisor Intellectual Property
as developed and designed will meet any performance requirements of or will
perform error free or in conformance with the needs or requirements of
Franchisee or any Franchisee customer.

23.3  No failure of a party to exercise any power reserved to it by this
Agreement, or to insist upon strict compliance by the other party with any
obligation or condition hereunder, and no custom or practice of the parties at
variance with the terms hereof, shall constitute a waiver of such party's right
thereafter to demand exact compliance with any of the terms herein. Waiver by a
party of any particular default by the other party shall not affect or impair
such party's rights with respect to any subsequent default of the same, similar,
or different nature; nor shall any delay, forbearance, or omission of a party to
exercise any power or right arising out of any breach or default by the other
party of any of the terms, provisions, or covenants hereof, affect or impair
such party's right to exercise the same.

24.   NOTICES

All notices, requests, instructions, or other communications which are required
or permitted to be given hereunder shall be in writing and shall be delivered by
messenger, sent by certified mail return receipt requested or by a recognized
international courier, to the other party as set forth below, or to such other
address as the party to whom notice is to be given may have furnished to the
other party in writing. Any such communication shall be deemed to have been
given when (i) delivered, if delivered by messenger, (ii) on receipt, if sent by
mail, and (iii) on the third business day after dispatch, if sent by a
recognized international courier and confirmation of receipt is obtained
therefor by the sender (without limiting the generality of the foregoing,
Federal Express, DHL and UPS shall be deemed to be recognized overnight couriers
for purposes of this Agreement).

Notices to FRANCHISOR:

                  musicmusicmusic, inc.
                  99 Atlantic Avenue
                  Suite 100
                  Toronto, Ontario M6K 3J8 Canada
                  Facsimile No.: (416) 537-2510
                  E-mail Address: wolf@radiomoi.com

With a copy to:

                  Wuersch & Gering LLP
                  11 Hanover Square, 21st Floor

                                       37
<PAGE>

                  New York, NY 10005
                  Attention: Travis L. Gering
                  Facsimile No.: (212) 509-9559
                  E-mail Address: tgering@wg-law.com

Notices to FRANCHISEE:

                  IDARA

                  __________________________________
                  __________________________________
                  Facsimile No.: ___________________
                  E-mail Address: __________________

With a copy to:

         Aird & Berlis
         Suite 1800 BCE Place, Bay Wellington Tower P.O. Box 754
         181 Bay Street
         Toronto, Ontario M5J 2T9
         Attention: David Dembroski
         Facsimile No.: 416-863-1515
         E-mail Address: ddembroski@airdberlis.com
                         -------------------------

Any notice shall be deemed to have been given at the date and time it is
confirmed to have been received by the other party.

                                       38
<PAGE>

25.  MODIFICATION

This Agreement may not be orally cancelled, changed, modified or amended, and no
cancellation, change, modification or amendment shall be effective or binding,
unless in writing and signed by all the parties to this Agreement.

26.  ENTIRE AGREEMENT

This Agreement, including all Exhibits and all other documents referred to
herein which form a part hereof, contains the entire understanding of the
parties hereto with respect to the subject matter contained herein and therein.
This Agreement supersedes all prior agreements and understanding between or
among the parties with respect to such subject matter

27.  SEVERABILITY

If any provision of this Agreement is found to be void and unenforceable by a
court of competent jurisdiction, the remaining provisions of this Agreement
shall nevertheless be binding upon the parties with the same effect as though
the void or unenforceable part had been severed and deleted. Any provision of
this Agreement which is prohibited or unenforceable in any jurisdiction shall,
as to such jurisdiction, be ineffective to the extent of such prohibition or
unenforceable without invalidating the remaining provisions hereof, and any such
prohibition or unenforceability in any jurisdiction shall not invalidate or
render unenforceable such provision in any other jurisdiction.

28.  STRICKEN WORDS OR PHRASES

If any words or phrases in this Agreement shall have been stricken out or
otherwise eliminated, whether or not any other words or phrases have been added,
this Agreement shall be construed as if the words or phrases so stricken out or
otherwise eliminated had never appeared in this Agreement.

29.  GOVERNING LAW

All issues concerning the relative rights of the parties hereto and the
construction, validity and interpretation of this Agreement shall be governed by
and construed in accordance with the laws of the State of New York, without
giving effect to conflict of laws that would require the application of the laws
of any jurisdiction other than the State of New York.

30.  ARBITRATION

The parties hereto agree to submit to arbitration any and all matters in dispute
or in controversy among them concerning the terms and provisions of this
Agreement or the application thereof. All such disputes and controversies shall
be determined and adjudged by the decision of an arbitrator (hereinafter
sometimes called the "Arbitrator") selected by mutual agreement of the parties
hereto or if the parties hereto fail to reach agreement on the Arbitrator within
ten days after a party has notified the other of its interest to submit a matter
to arbitration, the Arbitrator shall be selected by the American Arbitration
Association upon application made to it for such purpose by the parties.
Arbitration shall take place in New York, New York or such other place as the
parties hereto may mutually agree to in writing. The Arbitrator shall reach and
render a

                                       39
<PAGE>

decision in writing with respect to the amount, if any, of payment respecting
the disputed matter. The arbitration proceedings shall be held in accordance
with the applicable rules of the American Arbitration Association. Any award
rendered shall be final and conclusive upon the parties and a judgment thereon
may be entered in the highest court of the forum, state or federal, having
jurisdiction. The fees and expenses of the Arbitrator and the respective fees
and expenses of the parties hereto in connection with any such arbitration
(including, without limitation, reasonable fees and expenses of legal counsel
and consultants) shall be paid by the party against whom a decision by the
Arbitrator is rendered. Notwithstanding any other provision herein, this Section
30 shall survive the termination of this Agreement.

31.  RIGHTS AND REMEDIES NOT INCONSISTENT OR IN EXCLUSION

Any and all rights and remedies which either party may have under this Agreement
or by operation of law, either at law or in equity, upon any breach, shall be
distinct, separate or cumulative and shall not be deemed inconsistent with each
other; and no one of them, whether exercised by said party or not, shall be
deemed to be in exclusion of any other; and any two or more of all such rights
and remedies may be exercised at the same time, or separately as desired.

32.  INTERPRETATION

Notwithstanding any rule of law or custom to the contrary, neither this
Agreement nor any other agreement or document collateral to or otherwise
relating to this Agreement shall be interpreted or construed against any party
merely by reason of the fact that such agreement or document was prepared by or
at the direction of such party or that such party drafted or caused this
Agreement to be drafted.

33.  CURRENCY REFERENCE

All references to dollars and payments to be made hereunder, including the
Exhibits attached hereto, shall be references to United States dollars unless
expressly stated otherwise in the applicable provision.

34.  FUTURE COOPERATION

Each party hereto shall cooperate and shall take such further action and shall
execute and deliver such further documents as may be reasonably requested by any
other party in order to carry out the provisions and purposes of this Agreement.

35.  HEADINGS; NUMBER AND GENDER

The section headings contained in this Agreement are for reference purposes
only, and shall not affect the meaning or interpretation of this Agreement. All
terms and words used in this Agreement, regardless of the number or gender in
which they are used, shall be deemed to include any other number and any other
gender as the context may require.

                                       40
<PAGE>

36.  BINDING EFFECT

The provisions of this Agreement shall extend to, bind and inure to the benefit
of each of the parties hereto and their respective heirs, personal
representatives, successors and permitted assigns, if any.

37.  COUNTERPARTS

This Agreement may be executed in any number of counterparts and delivery via
facsimile, each of which original or facsimile signature pages when so executed
and delivered shall be deemed to be an original and all of which together shall
constitute but one and the same instrument. In the event of execution and
delivery of this Agreement via facsimile, such party shall promptly deliver to
the other party an originally executed exemplar therefor in the manner
prescribed under the provision for Notices set forth above.

                          [signature page to follow]

                                       41
<PAGE>

     IN WITNESS WHEREOF, the parties have executed this Agreement as of the date
first above written.

                                   FRANCHISOR:

                                   musicmusicmusic, inc.

                                        By: /s/ Wolfgang Spegg
                                            -----------------------------
                                            Name:
                                            Title: President and CEO

                                   FRANCHISEE:

                                        IDARA

                                        By: /s/ Ziad Alaskari
                                            -----------------------------
                                            Name: Ziad Alaskari
                                            Title: Director

                                       42
<PAGE>

                                                                       EXHIBIT A

                                   TERRITORY

Franchisee will as part of this Agreement have the right to deliver music to
RadioMoi subscribers world-wide and to enter into contractual agreements for all
other Franchisor Products and services in the following countries:

     United Arab Emirates                          Ethiopia
     Kuwait                                        Somalia
     Bahrain                                       Djibouti
     Qatar                                         Tunis
     Oman                                          Azerbaijan
     Yemen                                         Armenia
     Iraq
     Iran
     Syria
     Jordan
     Israel
     Lebanon
     Turkey
     Kazakhstan
     Uzbekistan
     Turkmenistan
     Afghanistan
     Tajikistan
     Kyrgyzstan
     Saudi Arabia
     Morocco
     Algeria (including Western Sahara)
     Mauritania
     Senegal
     Mali
     Niger
     Libya
     Chad
     Nigeria
     Burkina
     Central African Republican
     Egypt
     Sudan
     Eritrea

                                       43
<PAGE>

                                                                       EXHIBIT B

                       FRANCHISOR INTELLECTUAL PROPERTY

1.   Technology, know-how and execution rights with respect to standard
RadioMoi, including provision of front-end and back-end code,

2.   Franchisor brand names in customized Arabic interface (with Franchisee
providing translations), and, subject to approval of Franchisor not to be
unreasonably withheld, Font Selection thereof.

3.   The names, trademarks, service marks, and copyrights with respect to
"musicmusicmusic", "RadioMoi", "DDA", "Interactive Jukebox", "New Music
Jukebox", and the "Web-Bar Listening Post."

4.   Content of the Franchisor Digital Music Database as of the date hereof and
as supplemented from time-to-time by the Franchisor.

5.   Supplemental digital files related to access and operation of RadioMoi and
the Franchisor Digital Music Database, including text, graphics and other
supporting elements.

6.   Know-how and execution rights required for installation and operation of
the Web Bar Listening Post.

7.   Know-how and execution rights with respect to Webcasting Technology

                                       44
<PAGE>

                                                                       EXHIBIT C

                                   LOCATIONS

1.   Worldwide, excluding the locations referred to on Exhibit "A".

                                       45
<PAGE>

                                                                       EXHIBIT D

                           FRANCHISEE RADIOMOI PAGES

1.   Incorporated by reference to the Franchisor's Website RadioMoi.com.

                                       46<PAGE>

                                 EXHIBIT 10.3
                                 ------------

                             musicmusicmusic, inc.

                          1999 EQUITY INCENTIVE PLAN

1.   PURPOSES AND EFFECTIVE DATE.

     (a)  ELIGIBLE STOCK INCENTIVE PLAN RECIPIENTS. The persons eligible to
receive benefit under the 1999 Equity Incentive Plan (the "Plan") are the
employees, directors and consultants of musicmusicmusic, inc. (the "Company")
and its affiliates.

     (b)  AVAILABLE STOCK AWARDS. The purpose of the Plan is to provide an
opportunity to eligible recipients to benefit from increases in value of the
Common Stock through the granting of the following Stock Awards: (i) Incentive
Stock Options, (ii) Nonqualified Stock Options, (iii) stock bonuses and (iv)
rights to acquire restricted stock (hereinafter "Stock Awards").

     (c)  GENERAL PURPOSE. The Company, by means of the Plan, seeks to retain
the services of the group of persons eligible to receive Stock Awards, to secure
and retain the services of new members of this group and to provide incentives
for such persons to exert maximum efforts for the success of the Company and its
affiliates.

     (d)  EFFECTIVE DATE OF PLAN. The Plan shall become effective as determined
by the Board, but no Stock Award shall be exercised (or, in the case of a stock
bonus, shall be granted) unless and until the Plan has been approved by the
stockholders of the Company, which approval shall be within twelve (12) months
after the date the Plan is adopted by the Board.

2.   DEFINITIONS.

     (a)  "AFFILIATE" means any parent corporation or subsidiary corporation of
the Company, whether now or hereafter existing, as those terms are defined in
Sections 424(e) and (f), respectively, of the Code.

     (b)  "BOARD" means the Board of Directors of the Company.

     (c)  "CAUSE" means an individual's misconduct, including but not limited
to: (1) conviction of any felony or any crime involving moral turpitude or
dishonesty, (2) participation in a fraud or act of dishonesty against the
Company or an Affiliate, (3) conduct that, based upon a good faith and
reasonable factual investigation and determination by the Board, demonstrates
the individual's gross unfitness to serve as an employee or (4) intentional,
material violation of any contract with the Company or an affiliate or any
statutory duty to the Company or an Affiliate that is not corrected within
thirty (30) days after written notice thereof. "Disability" (as hereinafter
defined) shall not constitute "Cause."

     (d)  "CODE" means the Internal Revenue Code of 1986, as amended.

                                       1
<PAGE>

     (e)  "COMMITTEE" means a Committee appointed by the Board in accordance
with Section 3(c). (f) "COMMON STOCK" means the common stock, par value $.0001
per share, of the Company.

     (g)  "COMPANY" means musicmusicmusic, inc., a Delaware corporation.

     (h)  "CONSULTANT" means any person, including an advisor, (i) engaged by
the Company or an Affiliate to render consulting or advisory services and who is
compensated for such services or (ii) who is a member of the Board of Directors
of an Affiliate. However, the term "Consultant" shall not include either
Directors of the Company who are not compensated by the Company for their
services as Directors or Directors of the Company who are paid a director's fee
by the Company for their services as Directors.

     (i)  "CONTINUOUS SERVICE" means that the Participant's service with the
Company or an Affiliate, whether as an Employee, Director or Consultant, is not
interrupted or terminated. The Participant's Continuous Service shall not be
deemed to have terminated merely because of a change in the capacity in which
the Participant renders service to the Company or an Affiliate as an Employee,
Consultant or Director or a change in the entity for which the Participant
renders such service, provided that there is no interruption or termination of
the Participant's Continuous Service. For example, a change in status from an
Employee of the Company to a Consultant of an Affiliate or a Director of the
Company will not constitute an interruption of Continuous Service. The Board or
the chief executive officer of the Company, in that party's sole discretion, may
determine whether Continuous Service shall be considered interrupted in the case
of any leave of absence approved by that party, including sick leave, military
leave or any other personal leave.

     (j)  "COVERED EMPLOYEE" means the chief executive officer and the four (4)
other highest compensated officers of the Company for whom total compensation is
required to be reported to stockholders under the Exchange Act, as determined
for purposes of Section 162(m) of the Code.

     (k)  "DIRECTOR" means a member of the Board of Directors of the Company.

     (l)  "DISABILITY" means the permanent and total disability of a person
within the meaning of Section 22(e)(3) of the Code.

     (m)  "EMPLOYEE" means any person employed by the Company or an Affiliate.
However, the term "Employee" shall not include (i) Consultants, (ii) Directors
of the Company or an Affiliate who are not compensated by for their services as
Directors or (iii) Directors of the Company or an Affiliate who are paid a
director's fee for their services as Directors.

     (n)  "EXCHANGE ACT" means the Securities Exchange Act of 1934, as amended.

                                       2
<PAGE>

     (o)  "FAIR MARKET VALUE" means, as of any date, the value of the Common
Stock determined as follows:

          (i)  If the Common Stock is listed on any securities exchange or any
quotation system (including, but not limited to the Neuer Markt, NASDAQ National
Market or the NASDAQ SmallCap Market), the Fair Market Value of a share of
Common Stock shall be the closing sales price for such stock (or the closing
bid, if no sales were reported) as quoted on such exchange or market (or the
exchange or market with the greatest volume of trading in the Common Stock) on
the last market trading day prior to the day of determination, as reported by
such source as the Board deems reliable.

          (ii) In the absence of such markets for the Common Stock or prior to
the Listing Date, the Fair Market Value shall be determined in good faith by the
Board.

     (p)  "INCENTIVE STOCK OPTION" means an Option intended to qualify as an
incentive stock option within the meaning of Section 422 of the Code and the
regulations promulgated thereunder.

     (q)  "LISTING DATE" means the first date upon which any security of the
Company is listed (or approved for listing) upon notice of issuance on any
securities exchange or designated (or approved for designation) upon notice of
issuance as a national market security on an interdealer quotation system.

     (r)  "NON-EMPLOYEE DIRECTOR" means a Director of the Company who either (i)
is not a current Employee or Officer of the Company or a subsidiary, does not
receive compensation (directly or indirectly) from the Company or a subsidiary
for services rendered as a consultant or in any capacity other than as a
Director (except for an amount as to which disclosure would not be required
under Item 404(a) of Regulation S-K promulgated pursuant to the Securities Act
("Regulation S-K")), does not possess an interest in any other transaction as to
which disclosure would be required under Item 404(a) of Regulation S-K and is
not engaged in a business relationship as to which disclosure would be required
under Item 404(b) of Regulation S-K; or (ii) is otherwise considered a "non-
employee director" for purposes of Rule 16b-3 of the Exchange Act.

     (s)  "NONQUALIFIED STOCK OPTION" means an Option not intended to qualify as
an Incentive Stock Option.

     (t)  "OFFICER" means (i) before the Listing Date, any person designated by
the Company as an officer and (ii) on and after the Listing Date, a person who
is an officer of the Company within the meaning of Section 16 of the Exchange
Act and the rules and regulations promulgated thereunder.

     (u)  "OPTION" means an Incentive Stock Option or a Nonqualified Stock
Option granted pursuant to the Plan.

                                       3
<PAGE>

     (v)  "OPTION AGREEMENT" means a written agreement between the Company and
an Optionholder evidencing the terms and conditions of an individual Option
grant. Each Option Agreement shall be subject to the terms and conditions of the
Plan.

     (w)  "OPTIONHOLDER" means a person to whom an Option is granted pursuant to
the Plan or, if applicable, such other person who holds an outstanding Option.

     (x)  "OUTSIDE DIRECTOR" means a Director of the Company who either (i) is
not a current employee of the Company or an "affiliated corporation" (within the
meaning of Treasury Regulations promulgated under Section 162(m) of the Code),
is not a former employee of the Company or an "affiliated corporation" receiving
compensation for prior services (other than benefits under a tax qualified
pension plan), was not an officer of the Company or an "affiliated corporation"
at any time and is not currently receiving direct or indirect remuneration from
the Company or an "affiliated corporation" for services in any capacity other
than as a Director or (ii) is otherwise considered an "outside director" for
purposes of Section 162(m) of the Code.

     (y)  "PARTICIPANT" means a person to whom a Stock Award is granted pursuant
to the Plan or, if applicable, such other person who holds an outstanding Stock
Award.

     (z)  "PLAN" means this 1999 Equity Incentive Plan.

     (aa) "RULE 16B-3" means Rule 16b-3 promulgated under the Exchange Act or
any successor to Rule 16b-3, as in effect from time to time.

     (bb) "SECURITIES ACT" means the Securities Act of 1933, as amended.

     (cc) "STOCK AWARD" means any right granted under the Plan, including an
Option, a stock bonus and a right to acquire restricted stock.

     (dd) "STOCK AWARD AGREEMENT" means a written agreement between the Company
and a holder of a Stock Award evidencing the terms and conditions of an
individual Stock Award grant. Each Stock Award Agreement shall be subject to the
terms and conditions of the Plan.

     (ee) "TEN PERCENT STOCKHOLDER" means a person who owns (or is deemed to own
pursuant to Section 424(d) of the Code) stock possessing more than ten percent
(10%) of the total combined voting power of all classes of stock of the Company
or of any of its Affiliates.

3.   ADMINISTRATION.

     (a)  ADMINISTRATION BY BOARD. The Board shall administer the Plan unless
and until the Board delegates administration to a Committee, as provided in
Section 3(c).

     (b)  POWERS OF BOARD. The Board shall have the power, subject to, and
within the limitations of, the express provisions of the Plan:

                                       4
<PAGE>

               (i)   To determine from time to time which of the persons
eligible under the Plan shall be granted Stock Awards; when and how each Stock
Award shall be granted; what type or combination of types of Stock Award shall
be granted; the provisions of each Stock Award granted (which need not be
identical), including the time or times when a person shall be permitted to
receive stock pursuant to a Stock Award; and the number of shares with respect
to which a Stock Award shall be granted to each such person.

               (ii)  To construe and interpret the Plan and Stock Awards granted
under it, and to establish, amend and revoke rules and regulations for its
administration. The Board, in the exercise of this power, may correct any
defect, omission or inconsistency in the Plan or in any Stock Award Agreement,
in a manner and to the extent it shall deem necessary or expedient to make the
Plan fully effective.

               (iii) To amend the Plan or a Stock Award as provided in Section
12.

               (iv)  Generally, to exercise such powers and to perform such acts
as the Board deems necessary or expedient to promote the best interests of the
Company which are not in conflict with the provisions of the Plan.

     (c)  DELEGATION TO COMMITTEE.

               (i)   GENERAL. The Board may delegate administration of the Plan
to a Committee or Committees of one or more members of the Board, and the term
"Committee" shall apply to any person or persons to whom such authority has been
delegated. If administration is delegated to a Committee, the Committee shall
have, in connection with the administration of the Plan, the powers theretofore
possessed by the Board, including the power to delegate to a subcommittee any of
the administrative powers the Committee is authorized to exercise (and
references in this Plan to the Board shall thereafter be to the Committee or
subcommittee), subject, however, to such resolutions, not inconsistent with the
provisions of the Plan, as may be adopted from time to time by the Board. The
Board may abolish the Committee at any time and revest in the Board the
administration of the Plan.

               (ii)  COMMITTEE COMPOSITION WHEN COMMON STOCK IS PUBLICLY TRADED.
At such time as the Common Stock is publicly traded, in the discretion of the
Board, a Committee may consist solely of two or more Outside Directors, in
accordance with Section 162(m) of the Code, and/or solely of two or more
Non-Employee Directors, in accordance with Rule 16b-3.

4.   SHARES SUBJECT TO THE PLAN.

     (a)  SHARES RESERVED. Subject to the provisions of Section 11 relating to
adjustments upon changes in stock, the shares that may be issued pursuant to
Stock Awards shall not exceed in the aggregate four hundred forty thousand
(440,000) shares of Common Stock.

     (b)  REVERSION OF SHARES TO THE SHARE RESERVE. If any Stock Award shall for
any reason expire or otherwise terminate, in whole or in part, without having
been exercised in

                                       5
<PAGE>

full (or vested in the case of Restricted Stock), the stock not acquired under
such Stock Award shall revert to and again become available for issuance under
the Plan. If any Common Stock acquired pursuant to the exercise of an Option
shall for any reason be repurchased by the Company under an unvested share
repurchase option provided under the Plan, the stock repurchased by the Company
under such repurchase option may revert to and again become available for
issuance under the Plan.

     (c)  SOURCE OF SHARES. The shares subject to the Plan may be unissued
shares or reacquired shares, bought on the market or otherwise.

5.   ELIGIBILITY.

     (a)  ELIGIBILITY FOR SPECIFIC STOCK AWARDS. Incentive Stock Options may be
granted only to Employees. Stock Awards other than Incentive Stock Options may
be granted to Employees, Directors and Consultants.

     (b)  TEN PERCENT STOCKHOLDERS. No Ten Percent Stockholder shall be eligible
for the grant of an Incentive Stock Option unless the exercise price of such
Option is at least one hundred ten percent (110%) of the Fair Market Value of
the Common Stock at the date of grant and the Option is not exercisable after
the expiration of five (5) years from the date of grant.

     (c)  MAXIMUM GRANTS. Subject to the provisions of Section 11 relating to
adjustments upon changes in stock, no employee shall be eligible to be granted
Options covering more than one hundred thousand (100,000) shares of the Common
Stock during any calendar year.

6.   OPTION PROVISIONS.

     Each Option shall be in such form and shall contain such terms and
conditions as the Board shall deem appropriate. All Options shall be separately
designated Incentive Stock Options or Nonqualified Stock Options at the time of
grant, and a separate certificate or certificates will be issued for shares
purchased on exercise of each type of Option. The provisions of separate Options
need not be identical, but each Option shall include (through incorporation of
provisions hereof by reference in the Option or otherwise) the substance of each
of the following provisions:

     (a)  TERM. Subject to the provisions of Section 5(b) regarding Ten Percent
Stockholders, no Option shall be exercisable after the expiration of ten (10)
years from the date it was granted.

     (b)  EXERCISE PRICE OF AN INCENTIVE STOCK OPTION. Subject to the provisions
of Section 5(b) regarding Ten Percent Stockholders, the exercise price of each
Incentive Stock Option shall be not less than one hundred percent (100%) of the
Fair Market Value of the stock subject to the Option on the date the Option is
granted. Notwithstanding the foregoing, an Incentive Stock Option may be granted
with an exercise price lower than that set forth in the preceding sentence if
such Option is granted pursuant to an assumption or substitution for another
option in a manner satisfying the provisions of Section 424(a) of the Code.

                                       6
<PAGE>

     (c)  CONSIDERATION. The purchase price of stock acquired pursuant to an
Option shall be paid, to the extent permitted by applicable statutes and
regulations, either (i) in cash at the time the Option is exercised or (ii) at
the discretion of the Board at the time of the grant of the Option (or
subsequently in the case of a Nonqualified Stock Option) by (1) delivery to the
Company of shares of Common Stock, (2) according to a deferred payment or other
arrangement (which may include, without limiting the generality of the
foregoing, the use of other shares of Common Stock) with the Participant or (3)
in any other form of legal consideration that may be acceptable to the Board;
provided, however, that at any time that the Company is incorporated in
Delaware, payment of the Common Stock's "par value," as defined in the Delaware
General Corporation Law, shall not be made by deferred payment. In addition,
subsequent to the Listing Date, Options may be exercised through cashless
exercise procedures which are, from time to time, deemed acceptable by the Board
of Directors, and the Board of Directors may authorize that the purchase price
payable upon exercise of an Option may be paid by having Shares withheld that
otherwise would be acquired upon such exercise. Any Shares transferred to the
Company (or withheld upon exercise) as payment of the purchase price under an
Option shall be valued at their Fair Market Value as of the close of business on
the day preceding the date of exercise of such Option. No fractional shares (or
cash in lieu thereof) shall be issued upon exercise of an Option and the number
of shares that may be purchased upon exercise shall be rounded to the nearest
number of whole shares.

     In the case of any deferred payment arrangement, interest shall be
compounded at least annually and shall be charged at the minimum rate of
interest necessary to avoid the treatment as interest, under any applicable
provisions of the Code, of any amounts other than amounts stated to be interest
under the deferred payment arrangement.

     (d)  TRANSFERABILITY OF AN INCENTIVE STOCK OPTION. An Incentive Stock
Option shall not be transferable except by will or by the laws of descent and
distribution and shall be exercisable during the lifetime of the Optionholder
only by the Optionholder. Notwithstanding the foregoing provisions of this
Section 6(d), the Optionholder may, by delivering written notice to the Company,
in a form satisfactory to the Company, designate a third party who, in the event
of the death of the Optionholder, shall thereafter be entitled to exercise the
Option.

     (e)  TRANSFERABILITY OF A NONSTATUTORY STOCK OPTION. A Nonqualified Stock
Option granted prior to the Listing Date shall not be transferable except by
will or by the laws of descent and distribution and shall be exercisable during
the lifetime of the Optionholder only by the Optionholder. A Nonqualified Stock
Option granted on or after the Listing Date shall be transferable to the extent
provided in the Option Agreement. If the Nonqualified Stock Option does not
provide for transferability, then the Nonqualified Stock Option shall not be
transferable except by will or by the laws of descent and distribution and shall
be exercisable during the lifetime of the Optionholder only by the Optionholder.
Notwithstanding the foregoing provisions of this Section 6(e), the Optionholder
may, by delivering written notice to the Company, in a form satisfactory to the
Company, designate a third party who, in the event of the death of the
Optionholder, shall thereafter be entitled to exercise the Option.

                                       7
<PAGE>

     (f)  VESTING GENERALLY. The total number of shares of Common Stock subject
to an Option may, but need not, vest and therefore become exercisable in
periodic installments which may, but need not, be equal. The Option may be
subject to such other terms and conditions on the time or times when it may be
exercised (which may be based on performance or other criteria) as the Board may
deem appropriate. The vesting provisions of individual Options may vary. The
provisions of this Section 6(f) are subject to any Option provisions governing
the minimum number of shares as to which an Option may be exercised.

     (g)  MINIMUM VESTING PRIOR TO THE LISTING DATE. Notwithstanding the
foregoing Section 6(g), Options granted prior to the Listing Date shall provide
for vesting of the total number of shares at a rate of at least twenty percent
(20%) per year over five (5) years from the date the Option was granted, subject
to reasonable conditions such as continued employment. However, in the case of
such Options granted to Officers, Directors or Consultants, the Option may
become fully exercisable, subject to reasonable conditions such as continued
employment, at any time or during any period established by the Company.

     (h)  TERMINATION OF CONTINUOUS SERVICE. In the event an Optionholder's
Continuous Service terminates (other than upon the Optionholder's death or
Disability), the Optionholder may exercise his or her Option (to the extent that
the Optionholder was entitled to exercise it as of the date of termination) but
only within such period of time ending on the earlier of (i) the date three (3)
months following the termination of the Optionholder's Continuous Service (or
such longer or shorter period specified in the Option Agreement, which, for
Options granted prior to the Listing Date, shall not be less than thirty (30)
days, unless such termination is for Cause), or (ii) the expiration of the term
of the Option as set forth in the Option Agreement. If, after termination, the
Optionholder does not exercise his or her Option within the time specified in
the Option Agreement, the Option shall terminate.

     (i)  EXTENSION OF TERMINATION DATE. An Optionholder's Option Agreement may
also provide that if the exercise of the Option following the termination of the
Optionholder's Continuous Service (other than upon the Optionholder's death or
Disability) would be prohibited at any time solely because the issuance of
shares would violate the registration requirements under the Securities Act,
then the Option shall terminate on the earlier of (i) the expiration of the term
of the Option set forth in Section 6(a) or (ii) the expiration of a period of
three (3) months after the termination of the Optionholder's Continuous Service
during which the exercise of the Option would not be in violation of such
registration requirements.

     (j)  DISABILITY OF OPTIONHOLDER. In the event an Optionholder's Continuous
Service terminates as a result of the Optionholder's Disability, the
Optionholder may exercise his or her Option (to the extent that the Optionholder
was entitled to exercise it as of the date of termination), but only within such
period of time ending on the earlier of (i) the date twelve (12) months
following such termination (or such longer or shorter period specified in the
Option Agreement, which, for Options granted prior to the Listing Date, shall
not be less than six (6) months) or (ii) the expiration of the term of the
Option as set forth in the Option Agreement. If, after termination, the
Optionholder does not exercise his or her Option within the time specified
herein, the Option shall terminate.

                                       8
<PAGE>

     (k)  DEATH OF OPTIONHOLDER. In the event (i) an Optionholder's Continuous
Service terminates as a result of the Optionholder's death or (ii) the
Optionholder dies within the period (if any) specified in the Option Agreement
after the termination of the Optionholder's Continuous Service for a reason
other than death, then the Option may be exercised (to the extent the
Optionholder was entitled to exercise the Option as of the date of death) by the
Optionholder's estate, by a person who acquired the right to exercise the Option
by bequest or inheritance or by a person designated to exercise the option upon
the Optionholder's death pursuant to Section 6(e) or 6(f), but only within the
period ending on the earlier of (1) the date eighteen (18) months following the
date of death (or such longer or shorter period specified in the Option
Agreement, which, for Options granted prior to the Listing Date, shall not be
less than six (6) months) or (2) the expiration of the term of such Option as
set forth in the Option Agreement. If, after death, the Option is not exercised
within the time specified herein, the Option shall terminate.

     (l)  EARLY EXERCISE. The Option may, but need not, include a provision
whereby the Optionholder may elect at any time before the Optionholder's
Continuous Service terminates to exercise the Option as to any part or all of
the shares subject to the Option prior to the full vesting of the Option.
Subject to the "repurchase limitation" in Section 10(g), any unvested shares so
purchased may be subject to an unvested share repurchase option in favor of the
Company or to any other restriction the Board determines to be appropriate.

     (m)  RIGHT OF REPURCHASE. Subject to the "repurchase limitation" in Section
10(g), the Option may, but need not, include a provision whereby the Company may
elect, prior to the Listing Date, to repurchase all or any part of the vested
shares acquired by the Optionholder pursuant to the exercise of the Option.

     (n)  RIGHT OF FIRST REFUSAL. The Option may, but need not, include a
provision whereby the Company may elect, prior to the Listing Date, to exercise
a right of first refusal following receipt of notice from the Optionholder of
the intent to transfer all or any part of the shares exercised pursuant to the
Option. Except as expressly provided in this Section 6(n), such right of first
refusal shall otherwise comply with any applicable provisions of the Bylaws of
the Company.

7.   PROVISIONS OF STOCK AWARDS OTHER THAN OPTIONS.

     (a)  STOCK BONUS AWARDS. Each stock bonus agreement shall be in such form
and shall contain such terms and conditions as the Board shall deem appropriate.
The terms and conditions of stock bonus agreements may change from time to time,
and the terms and conditions of separate stock bonus agreements need not be
identical, but each stock bonus agreement shall include (through incorporation
of provisions hereof by reference in the agreement or otherwise) the substance
of each of the following provisions:

               (i)  CONSIDERATION. A stock bonus shall be awarded in
consideration for past services actually rendered to the Company for its
benefit.

                                       9
<PAGE>

               (ii)  VESTING. Subject to the "repurchase limitation" in Section
10(g), shares of Common Stock awarded under the stock bonus agreement may, but
need not, be subject to a share repurchase option in favor of the Company in
accordance with a vesting schedule to be determined by the Board.

               (iii) TERMINATION OF PARTICIPANT'S CONTINUOUS SERVICE. Subject to
the "repurchase limitation" in Section 10(g), in the event a Participant's
Continuous Service terminates, the Company may reacquire any or all of the
shares of Common Stock held by the Participant which have not vested as of the
date of termination under the terms of the stock bonus agreement.

               (iv)  TRANSFERABILITY. For a stock bonus award made before the
Listing Date, rights to acquire shares under the stock bonus agreement shall not
be transferable except by will or by the laws of descent and distribution and
shall be exercisable during the lifetime of the Participant only by the
Participant. For a stock bonus award made on or after the Listing Date, rights
to acquire shares under the stock bonus agreement shall be transferable by the
Participant only upon such terms and conditions as are set forth in the stock
bonus agreement, as the Board shall determine in its discretion, so long as
stock awarded under the stock bonus agreement remains subject to the terms of
the stock bonus agreement.

     (b)  RESTRICTED STOCK AWARDS. Each restricted stock purchase agreement
shall be in such form and shall contain such terms and conditions as the Board
shall deem appropriate. The terms and conditions of the restricted stock
purchase agreements may change from time to time, and the terms and conditions
of separate restricted stock purchase agreements need not be identical, but each
restricted stock purchase agreement shall include (through incorporation of
provisions hereof by reference in the agreement or otherwise) the substance of
each of the following provisions:

               (i)   PURCHASE PRICE. Subject to the provisions of Section 5(b)
regarding Ten Percent Stockholders, the purchase price under each restricted
stock purchase agreement shall be such amount as the Board shall determine and
designate in such restricted stock purchase agreement, but not less than
eighty-five percent (85%) of the stock's Fair Market Value on the date such
award is made or at the time the purchase is consummated.

               (ii)  CONSIDERATION. The purchase price of stock acquired
pursuant to the restricted stock purchase agreement shall be paid either: (i) in
cash at the time of purchase; (ii) at the discretion of the Board, according to
a deferred payment or other arrangement with the Participant; or (iii) in any
other form of legal consideration that may be acceptable to the Board in its
discretion; provided, however, that at any time that the Company is incorporated
in Delaware, then payment of the Common Stock's "par value," as defined in the
Delaware General Corporation Law, shall not be made by deferred payment.

               (iii) VESTING. Subject to the "repurchase limitation" in Section
10(g), shares of Common Stock acquired under the restricted stock purchase
agreement may, but need not, be subject to a share repurchase option in favor of
the Company in accordance with a vesting schedule to be determined by the Board.

                                       10
<PAGE>

               (iv) TERMINATION OF PARTICIPANT'S CONTINUOUS SERVICE. Subject to
the "repurchase limitation" in Section 10(g), in the event a Participant's
Continuous Service terminates, the Company may repurchase or otherwise reacquire
any or all of the shares of Common Stock held by the Participant which have not
vested as of the date of termination under the terms of the restricted stock
purchase agreement.

               (v)  TRANSFERABILITY. For a restricted stock award made before
the Listing Date, rights to acquire shares under the restricted stock purchase
agreement shall not be transferable except by will or by the laws of descent and
distribution and shall be exercisable during the lifetime of the Participant
only by the Participant. For a restricted stock award made on or after the
Listing Date, rights to acquire shares under the restricted stock purchase
agreement shall be transferable by the Participant only upon such terms and
conditions as are set forth in the restricted stock purchase agreement, as the
Board shall determine in its discretion, so long as stock awarded under the
restricted stock purchase agreement remains subject to the terms of the
restricted stock purchase agreement.

8.   COVENANTS OF THE COMPANY.

     (a)  AVAILABILITY OF SHARES. During the terms of the Stock Awards, the
Company shall keep available at all times the number of shares of Common Stock
required to satisfy such Stock Awards.

     (b)  SECURITIES LAW UNDERTAKINGS AND LIMITATIONS. The Company undertakes to
seek from each regulatory commission or agency having jurisdiction over the Plan
such authority as may be required to grant Stock Awards and/or to issue and sell
shares of Common Stock upon exercise of the Stock Awards, including, without
limitation, on the Neuer Markt and such other stock exchanges as the Company may
from time to time determine are in the best interests of the Plan and the
Company. Notwithstanding the foregoing, the Company undertaking hereunder shall
not require the Company to register under the Securities Act the Plan, any Stock
Award or any stock issued or issuable pursuant to any such Stock Award. If,
after reasonable efforts, the Company is unable to obtain from any regulatory
commission or agency the authority which counsel for the Company deems necessary
for the lawful issuance and sale of stock under the Plan, the Company shall be
relieved from any liability for failure to issue and sell stock upon exercise of
such Stock Awards unless and until such authority is obtained. The Company shall
have no liability for failure to issue and sell stock or other securities upon
exercise of Stock Awards in the event the Company does not obtain from relevant
regulatory commissions and/or agencies the authority which the Board of
Directors, in its sole discretion, deems necessary for the lawful issuance and
sale of stock or other securities under the Plan.

9.   USE OF PROCEEDS FROM STOCK.

     Proceeds from the sale of stock pursuant to Stock Awards shall constitute
general funds of the Company.

                                       11
<PAGE>

10.  MISCELLANEOUS.

     (a)  ACCELERATION OF EXERCISABILITY AND VESTING. The Board shall have the
power to accelerate the time at which a Stock Award may first be exercised or
the time during which a Stock Award or any part thereof will vest in accordance
with the Plan, notwithstanding the provisions in the Stock Award stating the
time at which it may first be exercised or the time during which it will vest.

     (b)  STOCKHOLDER RIGHTS. No Participant shall be deemed to be the holder
of, or to have any of the rights of a holder with respect to, any shares subject
to such Stock Award unless and until such Participant has satisfied all
requirements for exercise of the Stock Award pursuant to its terms.

     (c)  NO EMPLOYMENT OR OTHER SERVICE RIGHTS. Nothing in the Plan or any
instrument executed or Stock Award granted pursuant thereto shall confer upon
any Participant or other holder of Stock Awards any right to continue to serve
the Company or an Affiliate in the capacity in effect at the time the Stock
Award was granted or shall affect the right of the Company or an Affiliate to
terminate (i) the employment of an Employee with or without notice and with or
without Cause, (ii) the service of a Consultant pursuant to the terms of such
Consultant's agreement with the Company or an Affiliate or (iii) the service of
a Director pursuant to the Bylaws of the Company or an Affiliate, and any
applicable provisions of the corporate law of the state in which the Company or
the Affiliate is incorporated, as the case may be.

     (d)  INCENTIVE STOCK OPTION $100,000 LIMITATION. To the extent that the
aggregate Fair Market Value (determined at the time of grant) of stock with
respect to which Incentive Stock Options are exercisable for the first time by
any Optionholder during any calendar year (under all plans of the Company and
its Affiliates) exceeds one hundred thousand dollars ($100,000), the Options or
portions thereof which exceed such limit (according to the order in which they
were granted) shall be treated as Nonqualified Stock Options.

     (e)  INVESTMENT ASSURANCES. The Company may require a Participant, as a
condition of exercising or acquiring stock under any Stock Award, (i) to give
written assurances satisfactory to the Company as to the Participant's knowledge
and experience in financial and business matters and/or to employ a purchaser
representative reasonably satisfactory to the Company who is knowledgeable and
experienced in financial and business matters and that he or she is capable of
evaluating, alone or together with the purchaser representative, the merits and
risks of exercising the Stock Award; and (ii) to give written assurances
satisfactory to the Company stating that the Participant is acquiring the stock
subject to the Stock Award for the Participant's own account and not with any
present intention of selling or otherwise distributing the stock. The foregoing
requirements, and any assurances given pursuant to such requirements, shall be
inoperative if (iii) the issuance of the shares upon the exercise or acquisition
of stock under the Stock Award has been registered under a then currently
effective registration statement under the Securities Act or (iv) as to any
particular requirement, a determination is made by counsel for the Company that
such requirement need not be met in the circumstances under the

                                       12
<PAGE>

then applicable securities laws. The Company may, upon advice of counsel to the
Company, place legends on stock certificates issued under the Plan as such
counsel deems necessary or appropriate in order to comply with applicable
securities laws, including, but not limited to, legends restricting the transfer
of the stock.

     (f)  WITHHOLDING OBLIGATIONS. To the extent provided by the terms of a
Stock Award Agreement, the Participant may satisfy any federal, state or local
tax withholding obligation relating to the exercise or acquisition of stock
under a Stock Award by any of the following means (in addition to the Company's
right to withhold from any compensation paid to the Participant by the Company)
or by a combination of such means: (i) tendering a cash payment; (ii)
authorizing the Company to withhold shares from the shares of the Common Stock
otherwise issuable to the participant as a result of the exercise or acquisition
of stock under the Stock Award; or (iii) delivering to the Company owned and
unencumbered shares of the Common Stock.

     (g)  REPURCHASE LIMITATION. The terms of any repurchase option shall be
specified in the Stock Award and may be either at Fair Market Value at the time
of repurchase or at not less than the original purchase price.

11.  ADJUSTMENTS UPON CHANGES IN STOCK.

     (a)  CAPITALIZATION ADJUSTMENTS. If any change is made in the stock subject
to the Plan, or subject to any Stock Award, without the receipt of consideration
by the Company (through merger, consolidation, reorganization, recapitalization,
reincorporation, stock dividend, dividend in property other than cash, stock
split, liquidating dividend, combination of shares, exchange of shares, change
in corporate structure or other transaction not involving the receipt of
consideration by the Company), the Plan will be appropriately adjusted in the
class(es) and maximum number of securities subject to the Plan pursuant to
Section 4(a) and the maximum number of securities subject to award to any person
pursuant to Section 5(c), and the outstanding Stock Awards will be appropriately
adjusted in the class(es) and number of securities and price per share of stock
subject to such outstanding Stock Awards. The Board, the determination of which
shall be final, binding and conclusive, shall make such adjustments. (The
conversion of any convertible securities of the Company shall not be treated as
a transaction "without receipt of consideration" by the Company.)

     (b)  DISSOLUTION OR LIQUIDATION. In the event of a dissolution or
liquidation of the Company other than in an Acquisition (as defined below), then
such Stock Awards shall be terminated if not exercised (if applicable) prior to
such event, unless such outstanding Stock Awards are assumed by a subsequent
purchaser.

     (c)  CHANGE IN CONTROL.

               (i)  For the purposes of this Section 11, "Acquisition" shall
mean (i) the acquisition (by means of purchase, merger or otherwise) by any
person or any two or more persons acting as a partnership, syndicate or other
group for the purpose of acquiring, holding or disposing of such securities of
Beneficial Ownership (as such term is defined in the Exchange Act) of fifty
percent

                                       13
<PAGE>

(50%) or more of the sum of the amount of the capital stock of the Company then
outstanding, plus any capital stock of the Company which may be issued pursuant
to the conversion or exercise of all outstanding options, rights or warrants; or
(ii) the sale of all or substantially all of the assets of the Company.
Notwithstanding anything to the contrary, an Acquisition shall not include any
consolidation or merger effected exclusively to change the domicile of the
Company, and a person shall not be deemed to have made an acquisition of
Beneficial Ownership of Shares if such person: (a) acquires Beneficial Ownership
of such Shares directly from the Company; (b) assumes Beneficial Ownership of
more than the permitted percentage of Shares solely as a result of the
acquisition of Beneficial Ownership of Shares by the Company which, by reducing
the proportional Beneficial Ownership of Shares by other security holders,
increases the proportional Beneficial Ownership of Shares by such person; or (c)
is (1) the Company or any corporation or other person of which a majority of its
voting power or its equity securities or equity interest is owned directly or
indirectly by the Company (a "Controlled Entity") or is owned directly or
indirectly by the stockholders of the Company in the same proportion as their
Beneficial Ownership of Shares or (2) a trustee or other fiduciary holding
securities under one or more employee benefit plans or arrangements (or any
trust forming a part thereof) maintained by the Company or any Controlled
Entity.

               (ii)  In the event the Company undergoes an Acquisition; then:
any surviving corporation or acquiring corporation shall assume any Stock Awards
outstanding under the Plan or shall substitute similar stock awards (including
an award to acquire the same consideration paid to the stockholders in the
transaction described in this Section 11(c)) for those outstanding under the
Plan.

               (iii) In the event any surviving corporation or acquiring
corporation in an Acquisition refuses to assume such Stock Awards or to
substitute similar stock awards for those outstanding under the Plan, then with
respect to (1) Stock Awards held by Participants whose Continuous Service has
not terminated prior to such event, the vesting of such Stock Awards (and, if
applicable, the time during which such Stock Awards may be exercised) shall be
accelerated and made fully exercisable at least thirty (30) days prior to the
closing of the Acquisition (and the Stock Awards terminated if not exercised
prior to the closing of such Acquisition), and (2) any other Stock Awards
outstanding under the Plan, such Stock Awards shall be terminated if not
exercised prior to the closing of the Acquisition.

               (iv)  In the event the Company undergoes an Acquisition and the
surviving corporation or acquiring corporation does assume such Stock Awards (or
substitutes similar stock awards for those outstanding under the Plan), then,
with respect to each Stock Award held by persons then performing services as
Employees or Directors, the vesting of each such Stock Award (and, if
applicable, the time during which such Stock Award may be exercised) shall be
accelerated and such Stock Award shall become fully vested and exercisable, if
any of the following events occurs within one (1) month before or eighteen (18)
months after the effective date of the Acquisition: (1) the service to the
Company or an affiliate of the Employee or Director holding such Stock Award is
terminated without Cause; (2) the Employee holding such Stock Award terminates
his or her service to the Company or an Affiliate due to the fact that the
principal place of the performance of the responsibilities and duties of the
Employee is changed to a location more than fifty (50) miles from such
Employee's existing work location without the

                                       14
<PAGE>

Employee's express consent (not applicable to Directors); or (3) the Employee
holding such Stock Award terminates his or her service to the Company or
Affiliate due to the fact that there is a material reduction in such Employee's
responsibilities and duties without the Employee's express consent, provided,
however, that neither change under clauses (2) or (3) of the foregoing shall be
applicable to Directors.

               (v)  The acceleration of vesting provided for under this Section
11(c) may be limited in certain circumstances as follows. If any such
acceleration (the "Benefit") would (i) constitute a "parachute payment" within
the meaning of Section 280G of the Code and (ii) but for such acceleration, be
subject to the excise tax imposed by Section 4999 of the Code, then such Benefit
shall be reduced to the extent necessary so that no portion of the Benefit would
be subject to such excise tax, as determined in good faith by the Company;
provided, however, that if, in the absence of any such reduction (or after such
reduction), such Employee believes that the Benefit or any portion thereof (as
reduced, if applicable) would be subject to such excise tax, the Benefit shall
be reduced (or further reduced) to the extent determined by such Employee in his
or her discretion so that the excise tax would not apply. If, notwithstanding
any such reduction (or in the absence of such reduction), the Internal Revenue
Service ("IRS") determines that such Employee is liable for the excise tax as a
result of the Benefit, then such Employee shall be obligated to return to the
Company, within thirty (30) days of such determination by the IRS, a portion of
the Benefit sufficient such that none of the Benefit retained by such Employee
constitutes a "parachute payment" within the meaning of Section 280G of the Code
that is subject to the excise tax.

12.  AMENDMENT OF THE PLAN AND STOCK AWARDS.

     (a)  AMENDMENT OF PLAN. The Board at any time, and from time to time, may
amend the Plan. However, except as provided in Section 11 relating to
adjustments upon changes in stock, no amendment shall be effective unless
approved by the stockholders of the Company to the extent such stockholder
approval is necessary to satisfy the requirements of Section 422 of the Code,
Rule 16b-3 or any interdealer quotation system or securities exchange listing
requirements.

     (b)  STOCKHOLDER APPROVAL. The Board may, in its sole discretion, submit
other amendment to the Plan for stockholder approval, including, but not limited
to, amendments to the Plan intended to satisfy the requirements of Section
162(m) of the Code and the regulations thereunder regarding the exclusion of
performance-based compensation from the limit on corporate deductibility of
compensation paid to certain executive officers.

     (c)  CONTEMPLATED AMENDMENTS. It is expressly contemplated that the Board
may amend the Plan in any respect the Board deems necessary or advisable to
provide eligible Employees with the maximum benefits provided or to be provided
under the provisions of the Code and the regulations promulgated thereunder
relating to Incentive Stock Options and/or to bring the Plan and/or Incentive
Stock Options granted under it into compliance therewith.

     (d)  NO IMPAIRMENT OF RIGHTS. Rights under any Stock Award granted before

                                       15
<PAGE>

amendment of the Plan shall not be impaired by any amendment of the Plan unless
(i) the Company requests the consent of the Participant and (ii) the Participant
consents in writing.

     (e)  AMENDMENT OF STOCK AWARDS. The Board at any time, and from time to
time, may amend the terms of any one or more Stock Awards; provided, however,
that the rights under any Stock Award shall not be impaired by any such
amendment unless (i) the Company requests the consent of the Participant and
(ii) the Participant consents in writing.

13.  TERMINATION OR SUSPENSION OF THE PLAN.

     (a)  PLAN TERM. The Board may suspend or terminate the Plan at any time.
Unless sooner terminated, the Plan shall terminate on the day before the tenth
(10th) anniversary of the date the Plan is adopted by the Board or approved by
the stockholders of the Company, whichever is earlier. No Stock Awards may be
granted under the Plan while the Plan is suspended or after it is terminated.

     (b)  NO IMPAIRMENT OF RIGHTS. Suspension or termination of the Plan shall
not impair rights and obligations under any Stock Award granted while the Plan
is in effect except with the written consent of the Participant.

                                       16

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