Document:

EXHIBIT 10.12

                          PREFERRED ALLIANCE AGREEMENT

         THIS PREFERRED ALLIANCE AGREEMENT (the "Agreement") dated as of the
15th day of November 2000 by and between CENDANT CORPORATION ("Cendant"), a
Delaware corporation with an office located at 6 Sylvan Way, Parsippany, New
Jersey 07054 and ENTREPORT CORPORATION ("Vendor"), a Florida corporation with an
office located at 2790 Business Park Drive, Suite B, Vista, California 92083.

                              W I T N E S S E T H:
                              --------------------

         WHEREAS, Cendant is the parent of the franchisors (the "Franchisors"),
respectively, of the CENTURY 21(R), ERA(R) and Coldwell Banker(R) real estate
brokerage franchise systems (the "Systems"); and

         WHEREAS, Vendor desires to be recommended by Cendant to the franchisees
(including its agents) of the Franchisors (the "Franchisees") as a vendor of
computer-based training and education services.

         NOW THEREFORE, in consideration of the promises and covenants contained
herein and other good and valuable consideration, the receipt of which is hereby
acknowledged, the parties hereto agree as follows:

                  Section 1. PREFERRED VENDOR. (a) Cendant hereby agrees that,
for the Term of this Agreement (as described below), Vendor shall be an
exclusive vendor for the Franchisees for online courses and other prepared
materials offered on a pay per view basis for credit toward state real estate
professionals' licensing requirements ("Continuing Education Courses") and a
non-exclusive vendor for real estate professional-development courseware
(together with the Continuing Education courses, the "Vendor Services"), as
further described in Exhibit A to this Agreement, to Franchisees and their
agents recommended to the Franchisees located and operating in the fifty (50)
states of the United States and the District of Columbia (the "Territory").
Cendant agrees that the Franchisors will actively promote Vendor and the Vendor
Services to the Franchisees in the Territory. In no event, however, shall this
Agreement apply to (i) any Franchisees located or operating outside the
Territory, and (ii) to any products or services Vendor may offer to the public
other than the Vendor Services. The parties further acknowledge and agree that
the exclusivity provision set forth in this Section 1(a) shall not apply to any
existing or future business, division, operation, system or affiliate of Cendant
other than the Franchisors of the Systems.

         (b) During the Term of this Agreement, Vendor shall offer the Vendor
Services to the Franchisees through programs developed in cooperation with
Cendant. Exhibit B, sets forth Vendor's current price schedule (or related
discounts thereto) for the Vendor Services. Vendor may modify this pricing
schedule only upon a minimum of thirty (30) days prior written notice to
Cendant.

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         (c) For each order of the Vendor Services by Franchisees, Vendor shall
enter into a User Agreement with the purchasing Customer for such order. A
sample form of the User Agreement is attached hereto and made part hereof as
Exhibit B. Vendor agrees to negotiate in good faith the terms of the service
agreement with each purchasing customer. Vendor shall be responsible for
processing all customer orders and collecting all payments from Franchisees
relating to the Vendor Services. Vendor shall provide, at its cost, a toll-free
telephone number(s) for customer inquiries including customer service, account
and billing information and instructions for ordering the Vendor Services.

         (d) Vendor shall, at its expense, develop marketing materials for use
in connection with promoting the Vendor Services to Franchisees which materials
shall be subject to the prior approval of Cendant, not to be unreasonably
withheld. Development, production and distribution of such materials shall be at
the expense of Vendor. All such materials shall conspicuously display the
toll-free telephone number(s) as described in subsection (c) above.

         (e) On or about the date of execution of this Agreement, both parties
shall appoint dedicated account managers to serve as primary points of contact
in connection with the performance of this Agreement including, without
limitation, coordinating marketing efforts and developing applicable marketing
plans and strategies. Subject to the terms of this Agreement, Cendant shall
jointly cooperate with Vendor to market the Vendor Services. Cendant shall also
make available to Vendor a list containing the names, business addresses,
license number(s) and expiration dates (to the extent Cendant has such
information and is permitted to disclose such information to Vendor), e-mail
addresses (to the extent Cendant has such information) and contact telephone
numbers of the Franchisees and shall, from time to time during the Term, provide
Vendor with an updated list of such information. Cendant agrees that Vendor
shall have the right to market and promote the Vendor to the Franchisees. The
parties acknowledge that such lists and updates shall be considered Confidential
Information to Cendant and treated as such in accordance with Section 15 of this
Agreement. Through Cendant's designated Preferred Alliance account manager and
Vendor's designated account manager, Cendant shall, at no cost to Vendor,
cooperate with Vendor to: (i) assist in developing strategies for meeting
Vendor's and Customer's needs and increasing sales; (ii) assist in providing
recommendations for effective marketing methods through the Real Estate Systems;
(iii) assist in scheduling meetings with representatives of Cendant's Preferred
Client Group (an elite organization comprised of Cendant's most influential
clients in a particular segment) with respect to the Systems; (iv) periodically
issue Cendant-generated press releases and other announcements regarding the
appointment of Vendor as the preferred vendor and supplier of the Vendor
Services to the Franchisees under this Agreement; (v) promote Vendor and the
Vendor Services to (1) the Franchisees of the Systems in Cendant's e-mail
communications sent to such Franchisees, and (2) the sales associates of each
Franchisee of the Systems in Cendant's e-mail communications sent to such sales
associates (with respect to subsection v, Vendor shall be responsible for any
reasonable participation and production costs associated with such outlets);
(vi) assist Vendor to provide Cendant with, at no charge, sample courseware and
other marketing materials, in a format acceptable to Vendor, to post on the
Systems Intranet and Internet-based web sites; (vii) assist Vendor to produce a

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minimum of two (2) seminars per month for the Franchisees at Vendor's expense;
(viii) include an insert designed by Vendor (and approved by Cendant, which
approval shall not be unreasonably withheld or delayed) describing Vendor and
the Vendor Services in the "welcome packages" sent to new sales associates of
each Franchisee of the Systems. Vendor shall be responsible for all costs
associated with designing and printing the inserts; and (ix) provide access to
conferences as further described in Section 6. Notwithstanding anything to the
contrary, in no event shall Cendant's assistance afforded under this Agreement
be construed to mean financial or monetary assistance, as such assistance shall
be limited to advice, recommendations or information only.

         Section 2. TERM. The term of this Agreement (the "Term") shall be
deemed to commence on November 15, 2000 and shall terminate on November 14, 2003
unless earlier terminated in accordance with the terms herein set forth. The
parties acknowledge that a separate written agreement dated November 8, 1999,
for the development and hosting of a private branded Coldwell Banker University
has been entered into between COLDWELL BANKER REAL ESTATE CORPORATION and
KNOWLEDGENT CORPORATION dba UNIVERSITY.COM (the "CB Agreement"). The parties
shall amend the CB Agreement to extend the termination date of that agreement to
November 14, 2003 which shall govern the parties and the Franchisors.

         Section 3. ACCESS FEE. Concurrently with the execution of this
Agreement, Vendor shall pay to Cendant the sum of Six Hundred Thousand Dollars
($600,000) as compensation to Cendant for its selection of Vendor as a preferred
vendor of the Vendor Services and for providing access to the Franchisees. This
fee shall be paid in installments as follows: a payment of Three Hundred
Thousand Dollars ($300,000) upon the execution of this Agreement, and a payment
of Three Hundred Thousand Dollars ($300,000) on November 15, 2001.

         Section 4. COMMISSIONS. (a) During the Term, Vendor shall pay
commissions to Cendant on the revenue received from sales of Vendor Services to
Franchisees, less amounts attributable to royalty payments to third-party
content providers (the "Net Revenue") as follows: (i) zero percent (0%) of the
Net Revenue generated during the Term for that portion of Net Revenue less than
or equal to Two Million Dollars ($2,000,000); (ii) five percent (5%) of the Net
Revenue generated during the Term for that portion of Net Revenue greater than
Two Million Dollars ($2,000,000) and equal to Four Million Dollars ($4,000,000);
and (iii) ten percent (10%) of the Net Revenue generated during the Term for
that portion of Net Revenue greater than Four Million Dollars ($4,000,000).

         (b) The parties agree to execute an amendment to Section 6.6 of the CB
Agreement to remove the commission payment obligations specified in that
section, and that the provisions of this Section 4 of this Agreement shall
govern all commission payment obligations between the parties.

         Section 5. REPORTS. (a) Throughout the Term, Vendor shall track and
record all sales of the Vendor Services to Franchisees. No later than fifteen
(15) days after the end of each calendar quarter during the Term, Vendor shall
furnish to Cendant a written report detailing the Customer sales made in that
calendar quarter. The report shall, at a minimum: (i) identify the Customer(s)
name, address and designated account number; (ii) specify the Service(s)
purchased by that Customer in that quarter; (iii) specify the commission amount
due Cendant for that Customer sale; (iv) group the Customer sales information on
both a "per Customer" and "per System" basis; and (v) specify the total amount
of commissions due Cendant for that calendar quarter.

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         (b) No later than January 31st of each year of the Term and on the
January 31st immediately after the end of the Term, Vendor shall furnish to
Cendant a written report specifying the information described in subsection (a)
on an aggregate basis for the preceding calendar year as well as a calculation
of the total amount of commissions paid to Cendant in that preceding calendar
year.

         (c) An authorized Vendor representative shall represent that the
reports specified in subsections (a) and (b) are accurate to the best of
Vendor's knowledge when such reports are submitted to Cendant.

         Section 6. CONFERENCES; PUBLICATIONS & PROGRAMS. (a) Vendor shall
participate as an exhibitor at each national conference for the Systems, as
held. Vendor shall be obligated to follow all rules and procedures established
for each conference. For each conference, basic booth costs are expected to be
$2,500 per booth. Vendor shall be responsible for booth costs and all other
costs relating to its participation in the conferences and booth set-up.
Additionally, Vendor may, at its option and expense, conduct break-out sessions
at such conferences to market the Vendor Services.

         (b) Vendor shall participate in each Cendant Purchasing Catalogue for
the Systems. A catalogue is published for each system of the Real Estate Systems
on no more than an annual basis. Vendor shall be responsible for a single, full
page listing in the catalogues. Vendor shall, in cooperation with Cendant,
provide Cendant with the appropriate page content, including text and art work.
Listing costs for each catalogue appearance (including in any revised editions)
are expected to be $1,000 per single, full page and shall be for Vendor's
account.

         (c) Vendor shall participate in each Real Estate System's secured
(requiring password for access), intranet-based website (i.e. TEAMERA.COM with
respect to the ERA(R) Real Estate System, 21 Online (AOL accessed) with respect
to the CENTURY 21(R) Real Estate System and CBNET.COLDWELLBANKER.COM with
respect to the Coldwell Banker(R) Real Estate System or any subsequent,
successor or replacement intranet-based website) in conjunction with the
Preferred Alliance Vendor Servicessm program. Such website access shall be
provided to Vendor for the purpose of identifying the Vendor and describing the
Vendor Services offered by Vendor to the Franchisees of the Systems in
connection with the offering pursuant to this Agreement. Further, from time to
time as reasonably determined by Cendant and Vendor, Vendor will participate in
electronic mailings generated and issued to the Franchisees of the Systems in
connection with the offering pursuant to this Agreement. Vendor shall cooperate
with Cendant in developing the information to be placed on the franchise brand
websites and in the electronic mailings, if any, and shall be obligated to
follow all rules and procedures established for Vendor participation therein.
Cendant acknowledges that Vendor's logo, promotional text and/or link (the
"Information") shall be placed initially on the following locations: (i) as to
CBNet, the Information shall be located as a tab on the main menu and shall be
accessible through the site's search engine; (ii) as to 21 Online, the
Information shall be located as a tab on the main menu, a tab on the main menu
of Century 21 CLS, and shall be accessible though the site's search engine; and
(iii) as to TEAMERA.COM, the Information shall be located as a tab on the main

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menu within the training section of that website. At a minimum, Vendor will be
furnished with access to the landing pages of each intranet-based website at the
launch of the Vendor Services. Additionally, and thereafter, Vendor shall be
furnished access to the landing pages of each intranet-based website for the
purposes of notifying the Franchisees and agents of news or items of special
interest, special promotions, additional or new courseware and the like. Both
parties acknowledge the precise locations of the Information are subject to
change upon mutual agreement of the parties.

         Section 7. INSURANCE AND INDEMNITY. (a) During the Term and for a
period of not less than six (6) months after the termination of this Agreement,
Vendor will secure and maintain (i) comprehensive general liability insurance on
an occurrence basis (including, independent contractors, contractual, personal
injury, Vendor Services and completed operations, and broad form property
damage) with combined single limits of not less than Two Million Dollars
($2,000,000) per occurrence. Such insurance shall name Cendant and its
affiliates and their respective officers, directors, employees and agents as
additional insureds and shall be primary for all purposes. All policies shall be
endorsed with a statement that the coverage may not be cancelled, altered or
permitted to lapse or expire without thirty (30) days advance written notice to
Cendant, that the coverage shall be primary and that any insurance carried by
Cendant or its affiliates shall be non-contributory to such coverage. The names
of the Vendor and Cendant as identified in the policies shall be identical to
the names of the Vendor and Cendant as identified in this Agreement. If an
umbrella policy is used to satisfy any required coverage of this Section, such
policy shall be at least "Follow-Form" with the requirements described in this
Section and not limit the coverage of any other policies used to provide
coverage under this Section.

         (b) Simultaneously with the execution of this Agreement, annually
thereafter, and each time a change is made in any insurance policy or insurance
carrier, Vendor will furnish to Cendant a certificate of insurance evidencing
the insurance coverages in effect, the named insured and additional insureds,
and endorsed with a statement that the coverage may not be cancelled, altered or
permitted to lapse or expire without thirty (30) days advance written notice to
Cendant. Failure to demand such certificates or other evidence of full
compliance with these insurance requirements or failure of Cendant to identify a
deficiency from evidence that is provided, shall not be construed as a waiver of
obligation to maintain such insurance.

         (c) All policies required by this Agreement shall be written by
insurance carriers rated "A" or better by A.M. Best and approved by and
satisfactory to Cendant. No "cut through" endorsements shall be acceptable. All
policies shall provide that the insurer waives any right of subrogation against
Cendant. By requiring insurance as provided in this Section, Cendant does not
represent that coverage and limits will be necessarily adequate to protect
Cendant and its affiliates, and their officers, directors, employees and agents,
and such limits shall not be deemed as a limitation of Vendor's liability under
this Agreement.

         (d) Vendor will indemnify Cendant and its affiliates against, hold each
harmless from, and promptly reimburse each for any and all payments of money
(fines, damages, legal fees, expenses) arising out of any demand, claim, tax,
penalty, administrative or judicial proceedings, or actions relating to any
claimed occurrence with respect to the Vendor Services (even where Cendant's
negligence is alleged) and any act, omission or obligation of Vendor or anyone
associated or affiliated with Vendor or the Vendor Services. Vendor waives any
right of recovery against Cendant for any direct or indirect loss arising out of
any occurrence relating to the Vendor Services.

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         In the event that Cendant is required to respond to any claim, action,
demand or proceeding relating to the Vendor Services, Vendor will, upon written
demand by Cendant, respond and defend Cendant and its affiliates against such
claims and demands in any such actions or proceedings. In the event that Vendor
fails to defend Cendant when requested or if Vendor's chosen counsel maintains a
conflict of interest in representing Cendant and that conflict can not be
resolved, Vendor will reimburse Cendant for all costs and expenses, including
reasonable attorney fees, incurred by Cendant. The obligations of Vendor
pursuant to this subsection (d) shall survive termination of this Agreement.

         (e) NEITHER PARTY SHALL BE LIABLE TO THE OTHER, UNDER ANY CIRCUMSTANCE,
FOR ANY SPECIAL, CONSEQUENTIAL, INCIDENTAL OR EXEMPLARY DAMAGES ARISING FROM OR
CONNECTED WITH THIS AGREEMENT OR THE VENDOR SERVICES, INCLUDING, BUT NOT LIMITED
TO, DAMAGES FOR LOST PROFITS, LOSS OF USE, LOST DATA OR ANY DAMAGES OR SUMS PAID
TO THIRD PARTIES, EVEN IF THE OTHER PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF
SUCH DAMAGES. THIS LIMITATION SHALL APPLY WHETHER ANY SUCH CLAIM IS BASED UPON
BREACH OF CONTRACT, WARRANTY OR ANY STATUTORY DUTY, NEGLIGENCE OR OTHER TORT,
PRINCIPLES OF INDEMNITY OR CONTRIBUTION, THE FAILURE OF ANY LIMITED OR EXCLUSIVE
REMEDY TO ACHIEVE ITS ESSENTIAL PURPOSE, OR OTHERWISE.

         Section 8. BOOKS AND RECORDS; AUDIT. Vendor shall keep accurate and
complete records of all Gross Sales and Customer orders and accounts. All such
records and all accounting systems with respect thereto shall be available for
inspection, copy and audit by Cendant or its representatives on reasonable
notice to Vendor during normal business hours throughout the Term of this
Agreement and for six (6) months thereafter. Vendor shall reasonably cooperate
with Cendant in such inspection and audit. Neither Cendant's acceptance of any
information nor Cendant's inspection or audit of Vendor's records shall waive
Cendant's right later to dispute the accuracy or completeness of any information
supplied by Vendor. In the event any such audit establishes an underpayment of
commissions, Vendor shall pay the amount of the deficit within five (5) business
days of notification of such deficiency. In the event such audit identifies an
overpayment of commissions, such overpayment shall be a credit against future
commissions to become due from Vendor to Cendant, or at Vendor's sole
discretion, the amount of such overpayment shall be paid within five (5)
business days of notification of such overpayment. If an audit, the results of
which have been confirmed by Vendor, establishes an underpayment of commissions
greater than five percent (5%) of the total commissions then due and payable to
Cendant, Vendor shall pay for the reasonable and customary costs and expenses of
such audit. In the event of a dispute over the result of any such audit, the
amount so disputed shall be deposited by the party to be charged with an escrow
agent acceptable to both parties and pursuant to an escrow agreement acceptable
to both parties and such escrow agent shall retain the disputed amount until
such time as the dispute is resolved.

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         Section 9. ACKNOWLEDGEMENTS. Vendor acknowledges that Cendant and the
Franchisors are franchisors and not the owners or operators of real estate
brokerage offices, and that, as such, Cendant and the Franchisors do not
purchase the Vendor Services for their own use and cannot compel or guarantee
any level of sales of the Vendor Services to Franchisees. Vendor further
acknowledges that, although the Franchisors will recommend the purchase of the
Vendor Services from Vendor to the Franchisees, each Franchisee will be making
an independent buying decision which may or may not be affected by the
Franchisor's recommendation of the Vendor Services. Cendant and the Franchisors
shall in no event be responsible for any amounts or obligations owed to Vendor
by any Franchisee.

         Section 10. TERMINATION. When fully executed, this Agreement will
constitute a binding obligation of both parties which may not be terminated by
either party except that either party may terminate in the event of a material
breach of the terms of this Agreement by the other party. In the event of a
material breach as set forth above, the breaching party shall be given written
notice of such breach and the opportunity to cure such breach within thirty (30)
days of the date of such notice (ten (10) days in the case of a payment
default). In the event the breaching party fails to cure such breach within the
applicable period stated above, the non-breaching party shall have the right to
immediately terminate this Agreement upon written notice to the breaching party.

         Section 11. REPRESENTATIONS. (a) Each party has full power and
authority and has been duly authorized, to enter into and perform its
obligations under this Agreement, all necessary approvals of any Board of
Directors, shareholders, partners, co-tenants and lenders having been obtained.
The execution, delivery and performance of this Agreement by each party will not
violate, create a default under or breach of any charter, bylaws, agreement or
other contract, license, permit, indebtedness, certificate, order, decree or
security instrument to which such party or any of its principals is a party or
is subject. Neither party is the subject of any current or pending dissolution,
receivership, bankruptcy, reorganization, insolvency, or similar proceeding on
the date this Agreement is executed by such party and was not within the three
(3) years preceding such date. Each party represents and warrants to the other
party that the person signing this Agreement is authorized to execute this
Agreement for and on behalf of such party and has full authority to so bind such
party.

         (b) To the best of Vendor's knowledge, all written information provided
to Cendant about Vendor, the principal owners of Vendor or the finances of any
such persons or entities, was or will be at the time delivered, true, accurate
and complete, and such information contained no misrepresentation of a material
fact, and does not omit any material fact necessary to make the information
disclosed not misleading under the circumstances in which it is disclosed.

         (c) Each party will comply with all applicable local, state and federal
laws and regulations governing this Agreement and the sale and provision of the
Vendor Services to the Franchisees. Vendor further agrees to maintain during the
Term any necessary permits and licenses required to perform its obligations
under this Agreement and to provide the Vendor Services to Franchisees.

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         (d) Vendor acknowledges that it will offer the Vendor Services at a
price equal or less than Vendor's generally published rates for the Vendor
Services.

         Section 12. TRADEMARKS. (a) Vendor specifically acknowledges that this
Agreement does not confer upon Vendor any interest in or right to use any
trademark, service mark or other intellectual property right of Cendant, the
Franchisors, or their affiliates (collectively referred to as the "Cendant
Intellectual Property Rights") in connection with the Vendor Services unless
Vendor receives the prior written consent of Cendant which consent shall not be
unreasonably withheld. Vendor further agrees that upon termination of this
Agreement, Vendor shall immediately cease and discontinue all use of the
Intellectual Property Rights. Further, if Vendor wishes to utilize the Cendant
Intellectual Property Rights in advertising or promotional materials, it must
submit such materials to Cendant for final approval before utilizing them. In no
event may Vendor or any affiliated or associated person or entity utilize the
Cendant Intellectual Property Rights in connection with any Vendor Services or
services other than the Vendor Services. Vendor further acknowledges that this
Agreement does not create or grant any rights in Vendor to use any intellectual
property rights owned or controlled by any Franchisee or their affiliates, nor
does Cendant have any right to grant any such rights.

         (b) Cendant specifically acknowledges that the Agreement does not
confer upon Cendant, the Franchisors, the Franchisees and agents, or their
representatives, any interest in or right to use any trademark, service mark or
other intellectual property right of Vendor, its affiliates or subsidiaries
(collectively, the "Vendor Intellectual Property Rights") in connection with the
Vendor Services or Cendant's duties under this Agreement unless Cendant receives
the prior written consent of Vendor which consent shall not be unreasonably
withheld.

         Section 13. RELATIONSHIP OF PARTIES. Vendor is an independent
contractor. Neither party is the legal representative or agent of, or has the
power to obligate (or has the right to direct or supervise the daily affairs of)
the other or any other party for any purpose whatsoever. Cendant and Vendor
expressly acknowledge that the relationship intended by them is a business
relationship based entirely on and circumscribed by the express provisions of
this Agreement and that no partnership, joint venture, agency, fiduciary or
employment relationship is intended or created by reason of this Agreement.

         Section 14. ASSIGNMENTS. This Agreement may not be assigned by one
party without the consent of the other party, which consent shall not be
unreasonably withheld; provided, however, that either party may assign this
Agreement in the event of a sale of substantially all of a party's assets, a
merger, acquisition, or similar transaction. This Agreement and the covenants
and agreements herein contained shall, subject to the provisions of this
Section, inure to the benefit of and be binding on the parties hereto and their
respective permitted successors and assigns.

                  Section 15. CONFIDENTIALITY. (a) "Confidential Information"
shall mean all proprietary information of a party, including, without
limitation, specifications, diagrams, information, data, materials, prototypes
or models relating to a party's products, programs, markets, customers,
suppliers, inventions, procedures, designs, research and development, business
plans, financial projections, organizations, employees or consultants or any
other similar aspects of the present or future business of either party,

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including information customarily treated as trade secrets. All Confidential
Information shall be deemed confidential and proprietary to the party disclosing
such information hereunder. Each party may use the Confidential Information of
the other party during the term of this Agreement only as permitted or required
for the receiving party's performance hereunder. The receiving party shall not
disclose or provide any Confidential Information to any third party and shall
take reasonable measures to prevent any unauthorized disclosure by its
employees, agents, contractors or consultants during the term hereof including
appropriate individual nondisclosure agreements. The foregoing duty shall
survive any termination or expiration of this Agreement.

         (b) The following shall not be considered Confidential Information for
purposes of this Section 15: (i) information which is or becomes in the public
domain through no fault or act of the receiving party; (ii) information which
was independently developed by the receiving party without the use of or
reliance on the disclosing party's Confidential Information; (iii) information
which was provided to the receiving party by a third party under no duty of
confidentiality to the disclosing party; or (iv) information which is required
to be disclosed by law, provided, however, prompt prior written notice thereof
shall be given to the party whose Confidential Information is involved.

         (c) The parties acknowledge that the Confidential Information of the
other is a valuable asset and that the breach of this Section would cause the
disclosing party irreparable harm for which there is no adequate remedy at law.
Accordingly, in the event of a breach or alleged breach of this Section 15, the
parties shall be allowed injunctive relief and any other equitable remedies in
addition to remedies afforded by law.

         (d) The obligations of the parties pursuant to this Section shall
survive the termination of this Agreement.

         Section 16. PARTIAL INVALIDITY. Should any part of this Agreement, for
any reason, be declared invalid, such decision shall not affect the validity of
any remaining portion of this Agreement.

         Section 17. NO WAIVER. No failure or delay in requiring strict
compliance with any obligation of this Agreement (or in the exercise of any
right or remedy provided herein) and no custom or practice at variance with the
requirements hereof shall constitute a waiver or modification of any such
obligation, requirement, right or remedy or preclude exercise of any such right
or remedy or the right to require strict compliance with any obligation set
forth herein. No waiver of any particular default or any right or remedy with
respect to such default shall preclude, affect or impair enforcement of any
right or remedy provided herein with respect to any subsequent default. No
approval or consent of either party shall be effective unless in writing and
signed by an authorized representative of such party, and consent or approval
may be withheld for so long as the other party is in default of any of its
obligations under this Agreement.

         Section 18. NOTICES. Notices will be effective hereunder when and only
when they are reduced to writing and delivered, by next day delivery service,
with proof of delivery, or mailed by certified or registered mail, return
receipt requested, to the appropriate party at its address stated below or to
such person and at such address as may be designated by notice hereunder.

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         Notices shall be deemed given on the date delivered or date of
attempted delivery, if service is refused.

         VENDOR:                                     CENDANT:
         -------                                     --------

         Entreport Corporation                  Cendant Corporation
         2790 Business Park Drive, Suite B      6 Sylvan Way
         Vista, California 92083                Parsippany, NJ  07054

         Attn: William Shue                     Attn: Senior Vice President
               President                              Business Development

         with a copy to:                        with a copy to:

         Attn:  General Counsel                 Cendant Corporation
                                                6 Sylvan Way
                                                Parsippany, NJ  07054

                                                Attn: Senior Vice President
                                                      Legal Department

         Section 19. PUBLICITY. Each party shall (a) submit to the other all
advertising, written sales promotions, press releases, and other publicity
matters relating to this Agreement in which the other party's name or mark is
mentioned or which contains language from which a relationship with the other
party may be inferred or implied and (b) not publish or use such advertising,
sales promotions, press releases or publicity matters without the other party's
consent, which consent shall not be unreasonably withheld. Nothing contained in
this section, however, shall prohibit either party from making such disclosures
as may be required by applicable laws or regulations.

         Section 20. MISCELLANEOUS. The remedies provided in this Agreement are
not exclusive. This Agreement will be construed in accordance with the laws of
the State of New Jersey, except for New Jersey's conflict of laws principles.
Vendor consents to the personal jurisdiction of the courts of the State of New
Jersey and the United States District Court for the District of New Jersey and
further waives objection to venue in any such court. This Agreement is
exclusively for the benefit of the parties hereto and may not give rise to
liability to a third party. No agreement between Cendant and anyone else is for
the benefit of Vendor. Neither party will interfere with contractual relations
of the other. The section headings in this Agreement are for convenience of
reference only and will not affect its interpretation.

         This Agreement, together with all instruments, exhibits, attachments
and schedules hereto, constitutes the entire agreement (superseding all prior
agreements and understandings, oral or written) of the parties hereto with
respect to the subject matter hereof and shall not be modified or amended in any
respect except in writing executed by all such parties.

                                       10
<PAGE>

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

CENDANT:                                             VENDOR:

CENDANT CORPORATION                                  ENTREPORT CORPORATION

BY:  /S/ CRAIG E. HATHAWAY                           BY: /S/ WILLIAM A. SHUE
     ---------------------                               -----------------------
         Senior Vice President                               President

                                       11
<PAGE>

                    AMENDMENT TO PREFERRED ALLIANCE AGREEMENT

         THIS AMENDMENT TO PREFERRED ALLIANCE AGREEMENT (the "Amendment") is
made and entered into as of this 7th day of December 2000, by and between
Cendant Corporation ("Cendant") and Entreport Corporation (the "Vendor").

WITNESSETH:

         WHEREAS, Cendant and Vendor entered into a Preferred Vendor Agreement
dated November 15, 2000 (the "Agreement"); and

         WHEREAS, the parties have agreed that it is appropriate to make certain
adjustments to the terms of the Agreement as hereinafter set forth.

         WHEREAS, Cendant and Vendor wish to modify the Agreement in accordance
with this Amendment; and

         NOW, THEREFORE, for mutual and valuable consideration, the receipt and
adequacy of which is hereby acknowledged, the parties agree with each other as
follows:

         1. Section 4 of the Agreement shall be amended in its entirety to read:

         Section 4. COMMISSIONS. (a) During the Term, Vendor shall pay
         commissions to Cendant on the revenue received from sales of Vendor
         Services to Franchisees, less amounts attributable to royalty payments
         to third-party content providers (the "Net Revenue") as follows: (i)
         zero percent (0%) of the Net Revenue generated during the Term for that
         portion of Net Revenue less than or equal to Two Million Dollars
         ($2,000,000); (ii) five percent (5%) of the Net Revenue generated
         during the Term for that portion of Net Revenue greater than Two
         Million Dollars ($2,000,000) and equal to Four Million Dollars
         ($4,000,000); and (iii) ten percent (10%) of the Net Revenue generated
         during the Term for that portion of Net Revenue greater than Four
         Million ($4,000,000).

                  (b) The parties agree to execute an amendment to Section 6.6
         of the CB Agreement to remove the commission payment obligations
         specified in that section, and that the provisions of this Section 4 of
         this Agreement shall govern all commission payment obligations between
         the parties.

                  (c) The commissions payable to Cendant with respect to the
         sales made in each quarter shall be paid not more than thirty (15) days
         after the end of such quarter. Vendor's commission payments to Cendant
         shall accompany the reports described in Section 5.

                  (d) Vendor will be responsible for and promptly reimburse to
         Cendant any and all actual costs and expenses, including without
         limitation any court costs and reasonable attorneys' fees, incurred by
         Cendant in seeking collection of any

                                       12
<PAGE>

         IN WITNESS WHEREOF, the parties have executed this Agreement as of the
date fir stated above.

CENDANT:                                             VENDOR:

CENDANT CORPORATION                                  ENTREPORT CORPORATION

BY:  /S/ CRAIG E. HATHWAY                            BY:  /S/ W. A. SHUE
   ---------------------------------                    ------------------------
         Senior Vice President                                President

                                       13
<PAGE>

                 AMENDMENT NO. 2 TO PREFERRED ALLIANCE AGREEMENT

         This AMENDMENT NO. 2 TO PREFERRED ALLIANCE AGREEMENT (the "Amendment")
is entered into by and between CENDANT CORPORATION ("Cendant") and ENTREPORT
CORPORATION ("Vendor").

                                    RECITALS
                                    --------

         Whereas, Cendant and Vendor entered into a Preferred Alliance
Agreement, dated November 15, 2000 (the "Agreement");

         WHEREAS, Cendant and Vendor desire to modify the terms and conditions
of the Agreement in accordance with this Amendment.

                  NOW, Therefore, in consideration of the mutual promises
contained herein, the parties agree as follows:

         1. Section 1(a) shall be amended to replace the third parenthetical
phrase in the first sentence with the following: "(the "Professional Development
Courseware" and, together with the Continuing Education Courses, the "Vendor
Services")."

         2. Section 1 is amended to add the following as subsections (f), (g)
and (h):

              (f)(i) With respect to the Franchisees of CENTURY 21(R), Vendor
              shall, during the Term (as defined below), establish and maintain,
              at Vendor's expense, a custom eLearning website to be located on
              Vendor's servers and which can be accessed at WWW.C21CE.COM (the
              "C21 CE Website"). The parties acknowledge and agree that the C21
              CE Website is intended to host and manage (A) Continuing Education
              Courses, Professional Development Courseware (including
              University.com and iSucceed courseware) and the Bookstore (as
              further described in Exhibit A), (B) any CENTURY 21 asynchronous
              content re-purposed by Vendor for on-line delivery, (C) coaching
              services for sales agents (the "Coaching Services"), (D) other
              training services developed specifically for CENTURY 21
              Franchisees, and (E) any other services to be mutually agreed to
              by the parties. Vendor shall not offer any product or service on
              or through the Bookstore without the prior written approval of
              Cendant, which shall not be unreasonably withheld.

              (f)(ii) The C21 CE Website shall be accessible through a link from
              the CENTURY 21 Learning System password-protected Course Catalog
              and CLS Membership section of the internet website located at
              WWW.C21LS.COM (the "CLS Website"). Hyperlinks to other web sites
              operated and maintained by Cendant or its affiliates or Vendor may
              be established upon the mutual agreement of the parties. The
              parties shall mutually develop appropriate security features for
              access between the CLS Website and the C21 CE Website. These

                                       14
<PAGE>

              security features will, at a minimum, (i) permit Franchisees
              subscribing to the CLS Website to access all features of the
              unlimited access fee program at the C21 CE Website, and (ii)
              restrict access for the Franchisees only purchasing Continuing
              Education Courses to the Continuing Education Courses of the C21
              CE Website. Vendor shall not permit access to the C21 CE Website
              to any consumer other than the Franchisees of CENTURY 21. Cendant
              shall not permit access to the CLS Website to any unauthorized
              consumer.

              (f)(iii) Except as to the specific products and services offered
              through the Bookstore or as otherwise set forth herein, Vendor
              shall maintain total control and responsibility for the C21 CE
              Website. All C21 CE Website design, customization and course
              development shall at all times remain subject to Cendant's or
              CENTURY 21's reasonable satisfaction and approval as provided
              herein. In the event Cendant elects to remove any professional
              development courseware from the C21 CE Website, Cendant shall
              provide Vendor with advance written notice of not less than five
              (5) business days. Vendor shall then remove the designated
              courseware from the C21 CE Website on or within that time period.
              Vendor shall also provide Cendant with reasonably detailed design
              specifications for the operation of the C21 CE Website, and the
              C21 CE Website shall be designed to have similar functionality and
              navigation as the general industry website. These specifications
              shall be subject to Cendant's approval prior to development of the
              C21 CE Website. Cendant shall also approve the final
              specifications before Vendor commences development of the C21 CE
              Website. Thereafter, any changes made by Cendant or CENTURY 21 to
              the final approved specifications, which changes are not
              necessitated by a Vendor act or omission, shall result in
              additional charges to be paid by Cendant at the rate of One
              Hundred Fifty Dollars ($150) per hour to implement the changes to
              the specifications. The use of any trademarks, service marks and
              logos of Cendant or CENTURY 21 for display, appearance and
              placement on the C21 CE Website shall be subject to the prior
              written approval of Cendant. Vendor shall not be permitted to
              display banner advertisements on the C21 CE Website without
              Cendant's prior written approval, which shall not be unreasonably
              withheld.

              (f)(iv) With respect to any software, products and/or services
              provided by Vendor to Cendant or the Franchisees through the C21
              CE Website and/or otherwise through the Internet, Vendor warrants
              and represents to Cendant that it does and shall continue to
              provide commercially reasonable security to protect any web server
              that Vendor uses to provide the Products and related services to
              the Franchisees against the risk of penetration by a third party
              by (i) protecting against client-side intrusions, (ii) encrypting
              of customer information or Confidential Information, (iii)
              securing the commerce server, and (iv) protecting against
              intrusions of operating system software. Cendant warrants and
              represents to Vendor that it does and shall continue to provide
              commercially reasonable security to protect any web server that
              Cendant uses to access the C21 CE Website against the risk of
              penetration by a third party by (i) protecting against client-side
              intrusions; (ii) encrypting of customer information or
              Confidential Information; (iii) securing the commerce server; and
              (iv) protecting against intrusions of operating system software.

                                       15
<PAGE>

              (f)(v) Cendant acknowledges and agrees that Vendor shall have the
              right to remove from, or refuse to include on, the C21 CE Website,
              any CENTURY 21 materials which Vendor reasonably believes are
              unlawful, distasteful, or violates the rights of a third party
              (including, without limitation intellectual property rights), on
              providing Cendant written notice of its intention to remove such
              materials. Cendant further acknowledges and agrees that Vendor
              shall have the right to suspend or terminate the password and
              account of any Franchisee that is in violation of the terms of the
              User Agreement.

              (g) In addition to the marketing activities set forth in Section
              1(e) of the Agreement, Cendant will cause the Franchisor of
              CENTURY 21 to perform the additional marketing activities set
              forth in Exhibit E to this Agreement.

              (h) The parties agree that the following provision shall apply
              after December 31, 2001 and for the remainder of the Term (as
              defined below). If Cendant (i) receives a formal, bona fide offer
              from a third party to provide Coaching Services to the brokers and
              agents of the Franchisees of the Real Estate Systems on an
              exclusive basis, and (ii) reaches an agreement in principle with
              that third party as to the following business factors: term of
              agreement, access fee, specific products and services, the charges
              for such products and services, offer fulfillment, commissions to
              Cendant, and marketing efforts, and (iii) that third party is
              ready, willing and able to conclude the appropriate written
              agreement (collectively, subsections (i), (ii) and (iii) shall be
              referred to as the "Formal Offer"), then Vendor shall be entitled
              to a right of first refusal. Cendant shall notify Vendor in
              writing of the Formal Offer and furnish to Vendor the information
              specified in subsection (ii). Vendor shall then have thirty (30)
              days from the date of such Cendant notice to consider the Formal
              Offer and notify Cendant whether or not Vendor intends to match
              the Formal Offer. If Vendor matches such terms, then the parties
              shall negotiate, in good faith, an agreement substantively similar
              to this Agreement, incorporating the new terms. If Vendor does not
              respond within the stated time period or fails to match the Formal
              Offer, then Cendant shall have the right to proceed and enter into
              a binding agreement with the third party, and Vendor shall cease
              providing the Coaching Services upon Cendant's execution of the
              binding agreement with the third party. Cendant shall be entitled
              to serve upon Vendor one (1) notice of a Formal Offer pursuant to
              this subsection in any twelve (12) month period.

         3. Section 4 shall be amended to add the following as subsections (e):

              Vendor shall pay to Cendant an amount equal to ten percent (10%)
              of the revenue received from the sales of products and services to
              the Franchisees through the Bookstore for each calendar month of
              the Term. Such payments shall be made to Cendant not more than
              thirty (30) days after the end of such month and shall be
              accompanied by a report describing all sales made to the
              Franchisees during such month and the total commission due to
              Cendant, in a format similar to the reports described in Section
              5.

         4. Section 10 is hereby amended to add the following:

                                       16
<PAGE>

              Notwithstanding the foregoing, Cendant shall have the right to
              terminate this Agreement in part to remove the non-exclusive
              components relating to the Bookstore only upon providing not less
              than sixty (60) days prior written notice of such termination to
              Vendor.

         5. Exhibit A shall be amended to add the following:

              In addition to the Vendor Services, with respect only to the
              Franchisees of CENTURY 21, Vendor shall offer a bookstore for the
              purchase of other related materials (the "Bookstore"), on a
              non-exclusive basis to be located on the C21 CE Website.

              Exhibit A shall be further amended to add the course descriptions
              for the Professional Development Courseware as set forth in
              Exhibit A to this Amendment.

         6. Exhibit B shall be amended to change the cost for the Professional
Development Courseware for the CENTURY 21 Franchisees from Five Dollars ($5.00)
to Ten Dollars ($10.00) per agent per month. Exhibit B shall be further amended
to add the following:

              Each purchasing Franchisee shall subscribe to and pay for one (1)
              year of Professional Development Courseware. Cendant agrees that
              it will cause the CENTURY 21 Franchisor to charge its Franchisee
              an amount equal to the lesser of either the monthly rate of
              Nineteen Dollars and Ninety Five Cents ($19.95) or the actual
              price charged to the Franchisees of the other Franchisors under
              this Agreement. The one (1) year commitment may be waived by the
              mutual agreement of CENTURY 21 and Vendor for a Franchisee on a
              case-by-case basis. Payments shall be made to Vendor not more than
              thirty (30) days after the end of each month in which the payment
              by the Franchisee was made and shall be accompanied by a report
              describing all sales made during the month and the total
              commissions due to Vendor in a format similar to the reports
              described in Section 5. If a Franchisee subscribes to and, for
              whatever reason, pays for more than the equivalent of one (1)
              month's Professional Development Courseware, the corresponding
              payment to Vendor shall be for all months actually represented by
              such payment. A Franchisee who signs up for the Professional
              Development Courseware shall have access to the C21 CE Website.
              This exhibit may be further amended to add additional courseware
              pricing. The parties acknowledge and agree that the discounted
              charges of the Vendor Services referenced herein is based upon
              CENTURY 21's representation that the Vendor Services are to be
              bundled with other services and offered as a package to members of
              the CLS Website. CENTURY 21 represents that the services set forth
              on the attached Exhibit F will be bundled with the Vendor Services
              upon integration of the C21 CE Website and the CLS Website. During
              the Term of this Agreement, CENTURY 21 will use commercially
              reasonable efforts to maintain on the CLS Website a volume of
              bundled services that are similar to the other services offered
              under this Agreement in terms of the number of service providers,
              quality of material provided, and quantity of material provided.

                                       17
<PAGE>

         7. Exhibit E attached hereto shall be added to the Agreement.

         8. The parties agree to use reasonable efforts to cause the beta launch
of the C21 CE Website and integration with the CENTURY 21 intranet web site to
be completed on or before April 30, 2001. Said beta launch shall be for the use
by Fifty to One Hundred (50-100) users with a full-scale launch to all
Franchisees of CENTURY 21 on or before May 15, 2001. The parties acknowledge
that the launch dates are anticipated dates only subject to mutual technical
review and the development of a plan for system integration and may be subject
to modification.

         9. This Amendment maybe executed in one or more counterparts, each of
which shall be deemed an original but all of which together shall constitute one
and the same instrument.

         10. Capitalized terms used and not defined herein shall have the same
meaning described to such term in the Agreement.

         11. Except as expressly set forth in this Amendment, the Agreement is
hereby ratified and confirmed in all respects.

         12. This Amendment shall become effective upon the date set forth
above.

         IN WITNESS whereof, the parties have affixed their signatures to this
Amendment.

CENDANT CORPORATION                            ENTREPORT CORPORATION

By:                                            By:
   --------------------------------               ------------------------------

Title:                                         Title:
      -----------------------------                  ---------------------------

Date:                                          Date:
     ------------------------------                 ----------------------------

                                       18EXHIBIT 10.13

                          SITE DEVELOPMENT AND HOSTING
                                    AGREEMENT

         This AGREEMENT, dated as of November 8, 1999 (the "Effective Date"), is
by and between KNOWLEDGENT CORPORATION, D/B/A UNIVERSITY.COM, a Minnesota
corporation with its principal place of business at 800 Washington Avenue, Suite
508, Minneapolis, Minnesota 55401 ("UNIVERSITY.COM"), and COLDWELL BANKER REAL
ESTATE CORPORATION, a California corporation with its principal place of
business at 6 Sylvan Way, Parsippany, NJ 07054 ("CB").

WHEREAS, UNIVERSITY.COM is in the business of developing and hosting
private-label, on-line training and education websites for use by companies in
training employees, contractors and other service providers;

WHEREAS, CB desires to engage UNIVERSITY.COM to develop and implement a
customized, on-line education and training program for use by CB brokers and
agents ("CB Users"); and

WHEREAS, UNIVERSITY.COM desires to perform such services for CB pursuant to the
terms of this Agreement.

         NOW, THEREFORE, in consideration of the mutual premises and covenants
hereinafter set forth, the parties agree as follows:

         1. DEFINITIONS.

                  1.1 "CONFIDENTIAL INFORMATION" shall mean all proprietary
information of a party, including, without limitation, specifications, diagrams,
information, data, materials, prototypes or models relating to a party's
products, programs, markets, customers, suppliers, inventions, procedures,
designs, research and development, business plans, financial projections,
organizations, employees or consultants or any other similar aspects of the
present or future business of either party.

                  1.2 "COURSES" shall mean the general real estate and
professional business training courses listed on Exhibit A, and any courses
developed by UNIVERSITY.COM using the CB Course Content, which shall be offered
to CB Users on the Site.

                  1.3 "COURSE CONTENT" shall refer collectively to the
UNIVERSITY.COM Course Content, CB Course Content and Third Party Course Content,
and any updates or revisions thereto.

                  1.4 "CB COURSE CONTENT SCHEDULE" shall mean the schedule
attached hereto as Exhibit E, pursuant to which the CB Course Content shall be
delivered to UNIVERSITY.COM by CB, and the fee to be paid by CB to
UNIVERSITY.COM for development of Courses incorporating the CB Course Content
shall be paid.

                                       1
<PAGE>

                  1.5 "CB COURSE CONTENT ADDENDUM" shall mean the addendum, in a
form substantially similar to Exhibit F, that CB shall provide to UNIVERSITY.COM
from time to time to amend the CB Course Content Schedule and to authorize and
provide additional CB Course Content to UNIVERSITY.COM for development of
Courses incorporating the CB Course Content.

                  1.6 "PRODUCTION DATE" shall mean the date on which the Site is
first available on the CB Intranet for use by all CB Users.

                  1.7 "REAL ESTATE UNIVERSITY" shall mean UNIVERSITY.COM's
proprietary software for delivering on-line, real estate-specific business
training courses and related course management services.

                  1.8 "CB COURSE CONTENT" shall mean all educational materials
and learning components created by CB for the Courses and provided to
UNIVERSITY.COM by CB for inclusion in the Courses.

                  1.9 "CB MATERIALS" shall refer collectively to the CB Course
Content and the CB Site Content.

                  1.10 "CB INTRANET" shall mean CB's secure, internal,
company-wide network.

                  1.11 "CB SITE CONTENT" shall mean CB designs, trademarks,
logos, text, images, graphics, audio clips, and other material provided to
UNIVERSITY.COM by CB for inclusion on the Site.

                  1.12 "CB USER" shall mean an individual who has been issued a
password by UNIVERSITY.COM for access to the Site.

                  1.13 "SITE" shall mean the private-label, on-line training and
education website developed and hosted by UNIVERSITY.COM, and accessible via the
CB Intranet.

                  1.14 "SITE CONTENT" shall mean all text, images, graphics and
other materials on the Site.

                  1.15 "SPECIFICATIONS" shall mean the functional and design
specifications for the Site set forth in Exhibit B hereto.

                  1.16 "THIRD PARTY COURSE CONTENT" shall mean all educational,
technical and other content for the Courses licensed by UNIVERSITY.COM from a
third party, excluding the CB Content, that are included in a Course.

                  1.17 "UNIVERSITY.COM Courses" shall mean the general real
estate and professional training courses listed on Exhibit A.

                                       2
<PAGE>

                  1.18 "UNIVERSITY.COM COURSE CONTENT" shall mean all
educational materials and learning components created by UNIVERSITY.COM prior to
the Effective Date, or created by UNIVERSITY.COM and included in the Courses
pursuant to this Agreement, and licensed to CB hereunder.

                  1.19 "UNIVERSITY.COM MATERIALS" shall mean the UNIVERSITY.COM
Courses, the UNIVERSITY.COM Course Content, and the designs, layout, structure,
sequence, organization, text, images, graphics, audio clips, and other material
contained on or within the Site, excluding the CB Materials.

                  1.20 "USER AGREEMENT" shall mean the license agreement
attached hereto as Exhibit C (or any replacement therefore provided by
UNIVERSITY.COM to CB), pursuant to which CB Users will access the Site and use
the Course Content.

         2. UNIVERSITY.COM OBLIGATIONS; RIGHT OF REMOVAL. Pursuant to the terms
of this Agreement, UNIVERSITY.COM shall perform the following services:

                  2.1 SITE DESIGN AND CUSTOMIZATION. UNIVERSITY.COM shall design
the Site, and customize Real Estate University in accordance with the
Specifications.

                  2.2 COURSE DEVELOPMENT. UNIVERSITY.COM shall, using the Course
Content, develop the Courses, and make them available to CB Users via the Site
pursuant to the User Agreement. Development of Courses incorporating the CB
Course Material will be authorized by and pursuant to their respective CB Course
Content Addendum.

                  2.3 SITE HOSTING. UNIVERSITY.COM shall host the Site on the
server located at its data center in Minneapolis, Minnesota. Commencing on the
Production Date, UNIVERSITY.COM will use commercially reasonable efforts to make
the Site continuously available to CB Users, with the exception of: (a)
scheduled maintenance and required repairs, and (b) any loss or interruption of
hosting services due to causes beyond UNIVERSITY.COM's control, including,
without limitation, interruption or failure related to the CB Intranet, or
telecommunication or digital transmission links, and Internet failures or shut
downs. CB acknowledges and agrees that UNIVERSITY.COM makes no representation
that access to the Site will be uninterrupted or error free.

                  2.4 SITE MAINTENANCE AND TECHNICAL SUPPORT. UNIVERSITY.COM
will use commercially reasonable efforts to provide CB with assistance to
maintain and update the Site during the term of this Agreement, and shall
provide standard technical assistance to CB and CB Users in the operation and
use of the Site and the Courses, all in accordance with Exhibit D hereto. Any
additional maintenance services will be provided for a fee that shall be
negotiated between the parties.

                  2.5 RIGHT OF REMOVAL AND USER TERMINATION. CB acknowledges and
agrees that UNIVERSITY.COM shall have the right to remove from, or refuse to
include on, the Site, any CB Materials which UNIVERSITY.COM believes are
unlawful, distasteful or violate the rights of a third party (including, without
limitation intellectual property rights). CB further acknowledges and agrees
that UNIVERSITY.COM shall have the right to suspend or terminate the password
and account of any CB User that is in violation of the terms of the User
Agreement.

                                       3
<PAGE>

         3. CB OBLIGATIONS.

                  3.1 DELIVERY OF CB SITE CONTENT. Within 7 days from the
Effective Date, CB shall deliver to UNIVERSITY.COM the CB Site Content to be
included on the Site.

                  3.2 DELIVERY OF CB COURSE CONTENT. CB Course Content will be
delivered in accordance with the CB Course Content Schedule, as such is amended
from time to time by the CB Course Content Addendums.

                  3.3 CONTENT CONTROL. CB acknowledges and agrees that it will
be solely responsible for creating, reviewing, and authorizing modifications to,
the CB Materials. CB acknowledges that UNIVERSITY.COM is acting as a passive
conduit for the distribution and publishing of the CB Materials. UNIVERSITY.COM
has no obligation to CB, and undertakes no responsibility, to review the CB
Content to determine whether any such content may incur liability to third
parties.

         4. PASSWORD ADMINISTRATION.

                  4.1 EXISTING USERS OF CB INTRANET. CB will provide
UNIVERSITY.COM with all information requested by it to facilitate the issuance
by UNIVERSITY.COM of passwords for access to the Site to those individuals who
are authorized by CB to use the CB Intranet as of the Effective Date.

                  4.2 NEW USERS OF CB INTRANET. With regard to those individuals
not authorized by CB to access the CB Intranet as of the Effective Date,
UNIVERSITY.COM shall provide to CB the source code necessary for placement by CB
of a form on the CB Intranet (the "Registration Form") for the registration of,
and issuance of passwords by UNIVERSITY.COM to, such individuals. CB may modify
the source code for the Registration Form solely for the purpose of entering
user names in the appropriate field. CB shall immediately submit to
UNIVERSITY.COM completed Registration Forms, and UNIVERSITY.COM shall issue to
such individuals a password for access to the Site.

                  4.3 USER LOG-IN. UNIVERSITY.COM shall provide to CB the source
code necessary for placement of a log-in form ("Log-in Form") on the CB Intranet
by CB in a manner sufficient to facilitate the verification of CB User
information by UNIVERSITY.COM via its database each time an CB User logs in to
the Site. The Log-in Form will be used for access to the Site by all CB Users.
All source code and related materials provided to CB by UNIVERSITY.COM relating
to the Registration Form or the Log-in Form shall hereinafter be referred to as
the "Registration Materials," and shall be subject to the terms of Section 5.1.

         5. LICENSE GRANTS.

                                       4
<PAGE>

                  5.1 UNIVERSITY.COM MATERIALS, THIRD PARTY COURSE CONTENT AND
REGISTRATION MATERIALS. Subject to the terms of this Agreement, UNIVERSITY.COM
hereby grants to CB a non-exclusive, non-transferable, limited license, without
right of sublicense, to access, display and use the Site, the UNIVERSITY.COM
Materials, Third Party Course Content and the Registration Materials. CB shall
not, and shall not allow any third party (including, without limitation any CB
User) to, download or otherwise reproduce or distribute the UNIVERSITY.COM
Materials, the Third Party Course Content or the Registration Materials, or
modify, reverse engineer, decompile or disassemble any UNIVERSITY.COM Materials,
the Third Party Course Content or the Registration Materials except as expressly
permitted by this Agreement or the User Agreement. CB shall not allow any third
party, with the exception of CB Users, to access the Site or any UNIVERSITY.COM
Materials contained therein. CB acknowledges and agrees that use of the Third
Party Course Content is subject to UNIVERSITY.COM's agreements with its
licensors, and that such licensors may have the right to modify or terminate
UNIVERSITY.COM's right to use and sub-license the Third Party Course Content at
any time. CB shall abide by the terms of UNIVERSITY.COM's agreements with its
licensors for the Third Party Course Content as long as CB is provided copies of
such Third Party Course Content agreement.

                  5.2 CB SITE CONTENT. Subject to the terms of this Agreement,
CB hereby grants to UNIVERSITY.COM for the term of this Agreement, a
nonexclusive, royalty-free worldwide license to use, reproduce, distribute,
publicly perform, publicly display and modify the CB Site Content in connection
with the development, hosting and maintenance of the Site and services performed
by UNIVERSITY.COM hereunder.

                  5.3 CB COURSE CONTENT. Subject to the terms of this Agreement,
CB hereby grants to UNIVERSITY.COM for the term of this Agreement, an exclusive
royalty-free worldwide license to use, reproduce, distribute, publicly perform,
publicly display and modify the CB Course Content in connection with
UNIVERSITY.COM's performance of its obligations hereunder.

                  5.4 ACCESS TO CB INTRANET. Subject to the terms of this
Agreement, CB hereby grants to UNIVERSITY.COM a non-exclusive license to access
the CB Intranet for the sole purpose of hosting and maintaining the Site, and
performing the services, pursuant to this Agreement.

                  5.5 TRADEMARK LICENSES.

                           (a) UNIVERSITY.COM hereby grants to CB, subject to
the terms of this Agreement, a non-exclusive, non-transferable, royalty-free
right, without right of sublicense, to use the UNIVERSITY.COM trademark solely
to promote the use of the Site by CB Users as set forth herein.

                           (b) CB hereby grants to UNIVERSITY.COM, subject to
the terms of this Agreement, a non-exclusive, non-transferable (unless otherwise
set forth herein), royalty-free right, without right of sublicense, to use the
Coldwell Banker trademark solely in connection with the performance of its
obligations hereunder.

         6. FEES AND PAYMENT. All fees payable hereunder will be paid in U.S.
Dollars.

                                       5
<PAGE>

                  6.1 SITE DEVELOPMENT AND LICENSE FEE. CB shall pay to
UNIVERSITY.COM Twenty Five Thousand Dollars ($25,000) for the development of the
Site and the provision of the UNIVERSITY.COM Courses to the CB Users via the
Site pursuant to the User Agreement. This fee shall be due and payable as
follows: Twelve Thousand Five Hundred Dollars ($12,500) on the Effective Date,
and Twelve Thousand Five Hundred dollars ($12,500) on the Production Date.

                  6.2 MAINTENANCE AND SUPPORT FEE. CB shall pay to
UNIVERSITY.COM Four Thousand Dollars ($4,000) for maintenance and support of the
Site as set forth herein, which amount shall be due and payable on the first day
of each ninety (90)-day period following the Effective Date. For any Renewal
Term of this Agreement, such quarterly fees shall be subject to annual review
and adjustment.

                  6.3 COURSE DEVELOPMENT FEES. CB shall pay UNIVERSITY.COM a fee
for each developed hour of Course Content created by UNIVERSITY.COM hereunder,
using the CB Course Content provided to UNIVERSITY.COM pursuant to the CB Course
Content Schedule in Exhibit E, as amended from time to time by various CB Course
Content Addendums. Such fee shall vary depending on the content category,
determined in the sole discretion of UNIVERSITY.COM. A "developed hour" of
content shall be a Course that consists of 10-12 five-minute lessons, depending
upon the content and subject matter thereof. The Course development fee, as set
forth in the CB Course Content Schedule and the CB Course Content Addendum,
shall be due and payable as follows: 50% of the Course development fee on the
execution of the CB Course Content Addendum, and 50% of the Course development
fee upon delivery by UNIVERSITY.COM of the relevant Course to CB.

                  6.4 SYSTEM MODIFICATION FEES. CB shall pay UNIVERSITY.COM a
fee, to be determined as outlined in Exhibit G, for the execution of System
Modifications, as described in Exhibit G.

                  6.5 PAY-PER-VIEW FEE. UNIVERSITY.COM may, for certain Courses,
charge each CB User, pursuant to the terms of the User Agreement, a fee each
time a Course is viewed ("Pay-Per-View Fee").

                  6.6 REVENUE SHARING COMPENSATION. Commencing with the first
calendar quarter of 2000, UNIVERSITY.COM shall pay to CB ten percent (10%) of
the Pay-Per-View Fee revenues, net of any content license fees, collected by
UNIVERSITY.COM for any Courses listed on Exhibit A. Commencing with the first
calendar quarter of 2000, UNIVERSITY.COM shall also pay to CB ten percent (10%)
of any advertising revenues received by UNIVERSITY.COM, net of any commission
paid in relation to the advertising revenues from the Site. Finally,
UNIVERSITY.COM shall pay to CB twenty five percent (25%) of the Pay-Per-View Fee
revenues collected by UNIVERSITY.COM for any Courses incorporating the CB Course
Content. Such payments to CB shall be due and payable no later than thirty (30)
days after the end of each calendar quarter. Payments due pursuant to this
Section 6.5 shall be accompanied by a report setting forth the Pay-Per-View Fee
revenues and advertising revenues received by UNIVERSITY.COM in the preceding
quarter.

                                       6
<PAGE>

                  6.7 AUDIT. UNIVERSITY.com shall keep accurate and complete
records of all Revenue Sharing Compensation pursuant to Pay-Per-View Orders. All
such records and all accounting systems with respect thereto shall be available
for inspection, copy and audit by CB or its representatives, no more than once
every year, on reasonable notice to UNIVERSITY.COM during normal business hours
throughout the term of this Agreement and for one year (1) thereafter.
UNIVERSITY.COM shall fully cooperate with CB in such inspection and audit.
Neither CB's acceptance of any information nor CB's inspection or audit of any
UNIVERSITY.COM's records shall waive CB's right later to dispute the accuracy or
completeness of any information supplied by UNIVERSITY.COM. In the event any
such audit establishes an underpayment of Revenue Sharing Compensation,
UNIVERSITY.COM shall pay the amount of the deficit within five (5) business days
of notification of such deficiency. In the event such audit identifies an
overpayment of Revenue Sharing Compensation, such overpayment shall be a credit
against future Revenue Sharing Compensation to become due from UNIVERSITY.COM to
CB (provided that if no such Revenue Sharing Compensation become due during the
90 days following the identification of such overpayment, CB shall remit the
full amount of such overpayment to UNIVERSITY.COM). If an audit establishes an
underpayment of Revenue Sharing Compensation greater than five percent (5%) of
the total Revenue Sharing Compensation then due and payable to CB,
UNIVERSITY.COM shall pay for the costs and expenses of such audit. In the event
of a dispute over the result of any such audit, the amount so disputed shall be
deposited by the party to be charged with an escrow agent acceptable to both
Parties and pursuant to an escrow agreement acceptable to both parties and such
escrow agent shall retain the disputed amount until such time as the dispute is
resolved.

         7. PROPRIETARY RIGHTS.

                   7.1 UNIVERSITY.COM RIGHTS. Subject to the limited license
granted to CB hereunder, CB acknowledges and agrees that UNIVERSITY.COM is the
exclusive owner of all proprietary rights, including but not limited to
copyrights, trademarks, patents and trade secrets, in and to the following

                           (a)      Real Estate University;

                           (b)      the UNIVERSITY.COM Materials;

                           (c)      the Site Content, exclusive of the CB Site
                                    Content;

                           (d)      the Courses, exclusive of the CB Course
                                    Content; and

                           (e)      the Registration Material.

                  7.2 CB RIGHTS. Subject to the limited license granted to
UNIVERSITY.COM hereunder, UNIVERSITY.COM acknowledges and agrees that CB is the
exclusive owner of all proprietary rights, including but not limited to
copyrights, trademarks, patents and trade secrets, in and to the CB Materials.

                                       7
<PAGE>

         8. TERM AND TERMINATION.

                  8.1 TERM. This Agreement shall commence on the Effective Date
and shall remain in full force and effect for a period of three (3) years.

                  8.2 TERMINATION. This Agreement may be terminated prior to the
expiration hereof as follows:

                           (a) Either party may terminate this Agreement at any
time by giving notice in writing to the other party if the other party files a
petition of any type as to its bankruptcy, is declared bankrupt, becomes
insolvent, makes an assignment for the benefit of creditors, goes into
liquidation or receivership, or otherwise loses legal control of its business;

                           (b) Either party may terminate this Agreement at any
time by giving notice in writing to the other party if the other party is in
material breach of this Agreement (including, without limitation, any failure to
manufacture or supply the Products as provided herein), and has failed to cure
such breach within thirty (30) days of the receipt of written notice of breach
from the non-breaching party;

                  8.3 RIGHTS AND OBLIGATIONS ON TERMINATION. If this Agreement
is terminated for any reason, the parties shall have the following rights and
obligations:

                           (a) Termination of this Agreement shall not release
either party from the obligation to make payment of all amounts then or
thereafter due and payable;

                           (b) All licenses granted pursuant to Article 5, and
the respective licensee's rights and obligations thereunder, shall automatically
terminate; and

                           (c) The parties' respective rights and obligation
under Articles 7, and 9 through 12, and Sections 8.3 and 8.4 shall survive
termination of this Agreement.

                  8.4 NO COMPENSATION. The parties agree that, without prejudice
to any other remedies at law or in equity that either party may have in respect
of any breach of this Agreement, neither party shall be entitled to or claim
that it is entitled to any compensation or like payment as a result of or
arising out of any termination in accordance with this Article 8, whether
claimed as loss of good will, lost profits, lost investments, or otherwise.

         9. CONFIDENTIAL INFORMATION AND USE OF DATA.

                  9.1 OBLIGATION. All Confidential Information shall be deemed
confidential and proprietary to the party disclosing such information hereunder.
Each party may use the Confidential Information of the other party during the
term of this Agreement only as permitted or required for the receiving party's
performance hereunder. The receiving party shall not disclose or provide any
Confidential Information to any third party and shall take reasonable measures
to prevent any unauthorized disclosure by its employees, agents, contractors or
consultants during the term hereof including appropriate individual
nondisclosure agreements. The foregoing duty shall survive any termination or
expiration of this Agreement.

                                       8
<PAGE>

                  9.2 EXCLUSIONS. The following shall not be considered
Confidential Information for purposes of this Article 9: (i) information which
is or becomes in the public domain through no fault or act of the receiving
party; (ii) information which was independently developed by the receiving party
without the use of or reliance on the disclosing party's Confidential
Information; (iii) information which was provided to the receiving party by a
third party under no duty of confidentiality to the disclosing party; or (iv)
information which is required to be disclosed by law, provided, however, prompt
prior notice thereof shall be given to the party whose Confidential Information
is involved.

                  9.3 TERMS OF AGREEMENT. The parties acknowledge and agree that
the terms of this Agreement are deemed confidential pursuant to this Article 9,
and therefore may not be disclosed without the prior written consent of the
other party.

                  9.4 DURATION; SURVIVING OBLIGATION. Each party's obligations
of non-use and non-disclosure of the other party's confidential information
shall apply during the term of this Agreement, and shall also survive for a
period of five (5) years after its termination for any reason.

                  9.5 USE OF DATA. UNIVERSITY.COM shall not, during the term of
this Agreement sell or rent to any third party, any customer list compiled as a
result of identification of the CB Users, and shall not solicit CB Users for the
sale of any products or services not expressly provided for under this Agreement
without the prior written consent of CB.

         10. WARRANTIES.

                  10.1 MUTUAL REPRESENTATIONS, WARRANTIES AND COVENANTS.
UNIVERSITY.COM and CB each represent, warrant and covenant to the other that:

                           (a) it is a corporation duly organized, validly
existing and in good standing under the laws of the state of its incorporation
and has the corporate power to own its assets and properties and to carry on its
business as now being and heretofore conducted;

                           (b) the execution, delivery and performance of this
Agreement have been duly authorized, do not violate its certificate of
incorporation, by-laws or similar governing instruments or applicable law and do
not, and with the passage of time will not, materially conflict with or
constitute a breach under any other agreement, judgment or instrument to which
it is a party or by which it is bound;

                           (c) this Agreement is the legal, valid and binding
obligation of such party, enforceable in accordance with its terms; and

                           (d) it will not knowingly distribute on the Site any
content that (i) infringes any copyright, patent right, trademark right,
publicity right or other right of any third party, (ii) violates any law or
regulation, including without limitation the laws and regulations governing
export control, (iii) is libelous or defamatory, (iv) is pornographic or
obscene, or (v) contains viruses, trojan horses, worms, time bombs or
cancelbots.

                                       9
<PAGE>

                  10.2 REPRESENTATIONS, WARRANTIES AND COVENANTS OF CB. CB
represents, warrants and covenants that:

                           (a) no authorization, consent or approval of, waiver
or exemption by, or filing or registration with any public body, court, third
party or authority is necessary on the part of CB for the consummation by CB of
the transactions contemplated by this Agreement;

                           (b) All claims or representations made by or for CB
about CB or any products or services included in the Site will be true and
correct (and shall remain true and correct) and in compliance with all
applicable laws and regulations throughout the term of this Agreement;

                           (c) the CB Materials do not infringe or violate any
copyright, patent, trademark, trade secret or other rights of any third party;
and

                           (d) there is no pending or threatened claim or action
against it contesting its right to use, or grant to third parties a license to
use, the CB Materials licensed hereunder, and to the best of its knowledge no
product, license, patent, trademark, service mark or trade name now being sold
or used by any person or entity infringes any of its intellectual property
rights licensed hereunder.

                  10.3 REPRESENTATIONS, WARRANTIES AND COVENANTS OF
UNIVERSITY.COM. UNIVERSITY.COM represents, warrants and covenants that:

                           (a) the Site will conform in all material respects to
the Specifications and that UNIVERSITY.COM shall fix any material errors in the
Site that cause a nonconformance with the Specifications;

                           (b) no authorization, consent or approval of, waiver
or exemption by, or filing or registration with any public body, court, third
party or authority is necessary on the part of UNIVERSITY.COM for the
consummation by UNIVERSITY.COM of the transactions contemplated by this
Agreement;

                           (c) the UNIVERSITY.COM Materials do not infringe or
violate any copyright, patent, trademark, trade secret or other rights of any
third party; and

                           (d) there is no pending or threatened claim or action
against it contesting its right to use, or grant to third parties a license to
use, the UNIVERSITY.COM Materials licensed hereunder, and to the best of its
knowledge no product, license, patent, trademark, service mark or trade name now
being sold or used by any person or entity infringes any of its intellectual
property rights licensed hereunder.

                  10.4 DISCLAIMER. UNIVERSITY.COM makes no warranty or
representation, either express or implied, that access to or operation of the
Site will be uninterrupted or error free. EXCEPT AS SPECIFICALLY SET FORTH
HEREIN, UNIVERSITY.COM MAKES NO EXPRESS OR IMPLIED WARRANTIES RELATING TO THE
SITE OR ITS USE OR FUNCTIONALITY, AND SPECIFICALLY DISCLAIMS THE IMPLIED
WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE.

                                       10
<PAGE>

         11. INDEMNIFICATION AND LIMITATION OF LIABILITY.

                  11.1 INDEMNIFICATION BY CB. CB shall defend, indemnify and
hold harmless UNIVERSITY.COM, its officers, agents, directors, and employees
against any and all claims, actions, proceedings, expenses, damages and
liabilities (including, without limitation, reasonable attorneys' fees), arising
out of or in connection with (a) any breach of this Agreement by CB, including
the representations, warranties and covenants herein, (b) the CB Materials or
the CB Intranet, and any use thereof, including without limitation, any
infringement or violation of any trademark, copyright, trade secret, patent or
other proprietary right with respect thereto, and (c) any use of CB's
intellectual property rights permitted herein.

                  11.2 INDEMNIFICATION BY UNIVERSITY.COM. UNIVERSITY.COM shall
defend, indemnify and hold harmless CB, its officers, agents, directors, and
employees against any and all claims, actions, proceedings, expenses, damages
and liabilities (including, without limitation, reasonable attorneys' fees),
arising out of or in connection with (a) any breach of this Agreement by
UNIVERSITY.COM, including the representations, warranties and covenants herein,
(b) the UNIVERSITY.COM Materials, and any use thereof, including, without
limitation, any infringement or violation of any trademark, copyright, trade
secret, patent or other proprietary right with respect thereto, and (c) any use
of UNIVERSITY.COM's intellectual property rights permitted herein.

                  11.3 PROCEDURE FOR INDEMNIFICATION. Whenever an indemnified
party hereunder becomes aware of a claim, suit or proceeding as to which it
believes it is entitled to indemnification under this Article 11, it shall give
notice in writing to the indemnifying party, shall permit the indemnifying party
to assume exclusive control of the defense or settlement of the matter, and
shall provide, at the indemnifying party's expense, all authority, information
and assistance which such party may reasonably request for purposes of such
defense. The indemnified party may engage its own counsel, at its own expense,
to monitor the defense of any such matter.

                  11.4 LIMITATION OF LIABILITY. WITH THE EXCEPT OF SECTION 11.2,
IN NO EVENT SHALL UNIVERSITY.COM BE LIABLE FOR ANY INDIRECT, INCIDENTAL,
CONSEQUENTIAL OR SPECIAL DAMAGES (INCLUDING DAMAGES FOR LOST PROFITS, LOST DATA,
INTERRUPTED COMMUNICATIONS, LOST BUSINESS OPPORTUNITY, FAILURE OF TRANSMISSION
SERVICE, PERSONAL INJURY OR THE LIKE) RESULTING FROM ANY BREACH OF WARRANTY,
REPRESENTATION OR COVENANT OR ANY OTHER TYPE OF CLAIM ARISING FROM OR OUT OF
THIS AGREEMENT, INCLUDING WITHOUT LIMITATION, LIABILITY ARISING OUT OF CONTRACT,
NEGLIGENCE, AND STRICT LIABILITY IN TORT OR WARRANTY, EVEN IF UNIVERSITY.COM HAS
BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IN NO EVENT SHALL
UNIVERSITY.COM'S LIABILITY HEREUNDER EXCEED THE FEES PAID BY CB HEREUNDER.

                                       11
<PAGE>

         12. MISCELLANEOUS.

                  12.1 RELATIONSHIP. This Agreement does not make either party
the employee, agent or legal representative of the other for any purpose
whatsoever. Neither party is granted any right or authority to assume or to
create any obligation or responsibility, express or implied, on behalf of or in
the name of the other party. Each party is acting as an independent contractor.

                  12.2 ASSIGNMENT. This Agreement may not be assigned by either
party without the written consent of the other party, which consent shall not be
reasonably withheld; provided, however, that neither party shall be under any
obligation to agree to expand the scope of the license rights or obligations
granted herein. Notwithstanding the foregoing, either party may assign this
Agreement to an affiliate or in connection with a consolidation, merger or sale
of substantially all of its assets, without the consent of the other party,
provided that the successor in interest to such party assumes the obligations of
such parties hereunder. This Agreement and the covenants and agreements herein
contained shall, subject to the provisions of this Article, inure to the benefit
of and be binding on the parties hereto and their respective permitted
successors and assigns.

                  12.3 NOTICES. Notices permitted or required to be given
hereunder shall be deemed sufficient if given by registered or certified mail,
postage prepaid, return receipt requested, by private courier service, or by
facsimile addressed to the respective addresses of the parties first set forth
above, or at such other addresses as the respective parties may designate by
like notice from time to time. Notices so given shall be effective upon (a)
receipt by the party to which notice is given, or (b) on the fifth (5th) day
following domestic mailing or the tenth (l0th) day following international
mailing, as may be the case, whichever occurs first.

                  12.4 ENTIRE AGREEMENT. This Agreement, including all Exhibits
hereto which are incorporated herein, constitutes the entire agreement of the
parties with respect to the subject matter hereof and supersedes all proposals,
oral or written, and all negotiations, conversations, and discussions.

                  12.5 AMENDMENT. This Agreement may not be modified, amended,
rescinded, canceled or waived in whole or in part, except by written amendment
signed by both parties hereto.

                  12.6 GOVERNING LAW. This Agreement shall be governed by and
interpreted under the laws of the State of Minnesota, without regard to its
conflicts of laws rules.

                  12.7 SEVERABILITY. If any provision of this Agreement is found
unenforceable under any laws or regulations applicable thereto, such provision
terms shall be deemed stricken from this Agreement, but such invalidity or
unenforceability shall not invalidate any of the other provisions of this
Agreement.

                  12.8 COUNTERPARTS. This Agreement may be executed in two or
more counterparts and each such counterpart shall be deemed an original hereof.

                                       12
<PAGE>

                  12.9 WAIVER. No failure by either party to take any action or
assert any right hereunder shall be deemed to be a waiver of such right in the
event of the continuation or repetition of the circumstances giving rise to such
right.

                  12.10 REMEDIES. All remedies available to either party
hereunder shall be cumulative in nature, and not exclusive.

                  IN WITNESS WHEREOF, the parties have caused this Agreement to
be executed as of the Effective Date.

KNOWLEDGENT CORPORATION,
D/B/A UNIVERSITY.COM

By    /S/ BRUCE PETERSON
      -----------------------------
      President

COLDWELL BANKER, INC.

By    /S/ RICHARD E. MAY
      -----------------------------
      Vice President, Education

                                       13

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