Document:

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                                                                    EXHIBIT 10.4
                                                                    ------------

                               SERVICE AGREEMENT

          THIS SERVICE AGREEMENT (the "Agreement") is made and entered into as
of April 2, 2001, by and among Starline Communications International, Inc.
("Starline") on behalf of, and for the benefit of itself, its parent, its
parent's affiliates, and subsidiaries (collectively, "Customer"), US Dataworks,
Inc. ("Servicing Agent"), and Sonicport, Inc. ("Sonicport"), with reference to
the following facts.

          A.   Currently, Servicing Agent and Customer are affiliates and
Servicing Agent is performing certain data processing services for Customer
pursuant to an oral agreement.  Customer shall include, among others, the
following companies:  Interactive Audiotext Services, Porsche Entertainment,
Inc., Allstate Communications, Inc., American Billing & Collections, Inc. and
all entities that are or become affiliates or successors to any of the
foregoing.

          B.   The shareholders of Servicing Agent (collectively, "Sellers")
entered into that certain Amended and Restated Share Exchange Agreement, dated
as of March 30, 2001, by and among Sonicport, Servicing Agent and Sellers (the
"Share Exchange Agreement"), pursuant to which Sellers will convey and transfer
all right, title and interest in their respective shares of Servicing Agent to
Sonicport.

          C.   As a condition precedent to the obligations of Sellers to
consummate such share transfer, Sellers, Servicing Agent and Sonicport agreed to
execute and deliver, prior to or concurrently with such share transfer, this
written agreement which reflects the terms and conditions pursuant to which
Servicing Agent has been performing, and will perform, certain services for
Customer under the oral agreement referenced above.

          NOW, THEREFORE, in consideration of the mutual promises and  covenants
set forth herein, the parties hereby agree as follows:

                                   ARTICLE I
                                   ---------

                              PROCESSING SERVICES

          1.1  Servicing Agent's Business and Customer's Business.  Servicing
               --------------------------------------------------
Agent is a software development company specializing in all aspects of financial
transaction processing and, in addition, performs certain data processing
services for Customer and its affiliates with the intention of becoming an
application service provider for others ("Servicing Agent's Business").
Customer through certain of its affiliates is a national and international
provider of telecommunication services that include providing through third
parties (including Servicing Agent) service bureau operations for their
respective clients and customers providing for utilization by third parties for
the dissemination of passive or interactive programming to the general public.
Such services include or may include, but are not limited to, the settling of
telephonic sales (800 and 900 calls) and billing and collection processing
through direct billing, electronic check processing, credit card charges and
other bank settlement transactions specifically in Customer's current content
market, and may include now or in the future services in the areas of internet
mortgage origination,

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financial reporting, e-commerce, and marketing of nondurable office supplies.
All such business and services are referred to herein as "Customer's Business."

          1.2  Services.  Servicing Agent provides processing services for
               --------
Customer's Business using hardware, databases and other proprietary information
owned by Customer (or its affiliated entities), through employees, consultants,
and other persons who also may be employed by Customer or one or more of its
affiliated entities ("Shared Workers"), with operations located on premises that
are owned by one of Customer's affiliated entities, 8053 Deering Avenue L.P.
("Landlord").  Currently, Servicing Agent's operations are located at 8053
Deering Avenue, Canoga Park, California 91304 (the "California Location"), and
Sonicport concurrently herewith is entering into a Lease for the California
Location with the Landlord.  The parties acknowledge that the Shared Workers may
continue in the employment of or in a working relationship with, Customer or one
or more of Customer's affiliated entities.  For the term of this Agreement,
Servicing Agent agrees to continue providing Customer all processing services
required by Customer relating to Customer's Business in the manner and on such
terms and conditions as set forth herein, and shall provide all such services to
Customer on a priority basis with  "most favored customer" status.

          1.3  Delivery of Services.  Servicing Agent shall provide ongoing
               --------------------
processing services to Customer in a timely manner so as to minimize the effect
of any failure, malfunction, or discontinuance of service to Customer including
any interruption of telephone calls being processed by the Software and IP (as
defined in Section 1.5); it being understood and agreed by the parties that any
failure, malfunction or discontinuance of service to Customer will adversely
affect Customer's Business, its  relationships with its customers and clients
and that time is of the essence.  Servicing Agent also shall provide to Customer
         ----------------------
detailed daily reports in the same format as currently provided at no additional
cost to Customer, it being understood that such reporting is covered by the
servicing  fees set forth in Section 3.3.

          1.4  Performance of Bank Settlements.  Servicing Agent shall process
               -------------------------------
all bank settlement transactions on a regular basis within 24 hours of
incurrence of a customer or client charge or transaction.  If Servicing Agent
has more than one delay in such settlement processing during any calendar month
that is equal to or longer than 24 hours, such delay shall be considered a
material breach and Customer may, at its option, terminate this Agreement as
provided in Section 9.3; provided, however, Servicing Agent shall not be at
fault or considered to be in breach by reason of any delay or failure caused by
a bank, settlement agent, or other entity outside of Servicing Agent's or
Sonicport's control, or any failure of Customer's hardware.  With respect to
transactions that did not settle for any reason, Servicing Agent agrees to
continue diligently processing each such transaction to settlement unless
Customer otherwise agrees that such efforts may be discontinued for any such
transaction.

          1.5  Software.  Customer has, and Servicing Agent agrees to make
               --------
available, the continued, irrevocable, non-exclusive right to and possession of
all software (including source code) for settlement, fraud control and
authorization for credit card transactional processing, and all related data
bases (negative and positive) and related intellectual property owned or used or
to be owned or used by Servicing Agent that is necessary for the proper and
efficient operating of Customer's Business (collectively and individually, the
"Software and IP").  Such Software and IP available to

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Customer does not include other software owned by Servicing Agent including, but
not limited to, ReturnWorks, RCKWorks, RemoteWorks, CCWorks, RemitWorks,
MicroWorks, WireWorks or Checkey (the "Unrelated Software"). Servicing Agent
agrees to cooperate with Customer in making any modifications necessary to the
Software and IP for purposes of price modifications for or to customers or
clients of Customer or its affiliated entities, and for purposes of loading,
recording or other otherwise operating the Software and IP for Customer's
Business. Servicing Agent agrees to cause a copy of all updates, improvements,
modifications, upgrades or changes to the Software and IP to be delivered to
Customer within one business day of Servicing Agent effecting such update,
improvement, modification, upgrade or change. At least once a week on a business
day mutually agreed upon by Servicing Agent and Customer, Servicing Agent shall
provide a copy of the source code master file to Customer for safekeeping in a
fireproof vault. It is agreed that at all times Customer shall have full access
to the Software and IP for the limited purpose of operating Customer's Business.

          1.6  Title.  Servicing Agent shall retain title to all Software and IP
               -----
and does not convey any proprietary rights or other interest therein to
Customer, other than the continued, irrevocable, non-exclusive rights to which
Customer is entitled as set forth herein.

          1.7  Data files and Hardware.  In providing services to Customer,
               -----------------------
Servicing Agent utilizes Customer's database and other proprietary information
concerning customers and clients of Customer and its affiliated entities and all
hardware owned by Customer (or its affiliated entities).  Such database and
other proprietary information includes, but is not limited to, customer and
client identification information, call detailed records, settlement records,
all data files concerning customer or client information and results from
transactions processed on behalf of Customer or its affiliated entities.
Servicing Agent and Sonicport each acknowledges that all such assets are owned
by Customer (or its affiliated entities) and each agrees that (i) no such
information or other assets may be used in any manner whatsoever by Servicing
Agent or Sonicport other than to provide services to Customer, (ii) Servicing
Agent and Sonicport are absolutely prohibited from sharing any such information
or assets whether by disclosure, sale, lease, or any other disposition, and
(iii) subsequent to termination or expiration of this Agreement, Servicing Agent
and Sonicport shall not use any such assets or information but will return them
to Customer. Servicing Agent agrees that at all times during this Agreement, and
thereafter, it shall use reasonable and prudent procedures to protect the
confidentiality and integrity of Customer's database and other proprietary
information and the safekeeping of Customer's hardware; provided, however,
Servicing Agent shall have no responsibility to maintain, provide upkeep on or
to, repair, or upgrade, Customer's hardware but shall cooperate with Customer in
providing Customer immediate and full access to its hardware for purposes of
operation, maintenance or other purpose identified by Customer.  Servicing Agent
agrees to make daily back-up master file tapes of all processing involving
Customer's data files and deliver such tapes to Customer on the next succeeding
business day.  Servicing Agent and Sonicport each agree and acknowledge that any
breach of this Section 1.7 shall cause Customer and/or its affiliated entities
irreparable harm for which there may be inadequate remedies other than equitable
relief.

          1.8  Labeling and Ownership of Hardware.  Servicing Agent and Customer
               ----------------------------------
each agrees to physically label all of its own hardware that is located at the
California Location.  The parties acknowledge that Schedule 1 attached to this
Agreement identifies all hardware owned by

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Servicing Agent as of the date hereof and if any other hardware located at the
California Location subsequent to the date hereof is not labeled by Servicing
Agent and a dispute arises as to ownership, such unlabeled hardware shall be
presumed owned by Customer and its affiliates subject to resolution of such
dispute.

          1.9  Non-Compete.  During the term of this Agreement, Customer agrees
               -----------
that it shall not directly or indirectly, either alone or in participation with
any other person or entity, engage in or be involved with any business
substantially similar to Servicing Agent's Business.  Further, Sonicport and
Servicing Agent each agree that all business made available to either of them
that is substantially similar to Customer's current content market shall be
processed through Customer or its affiliates.  By way of example, if a customer
or potential customer of Sonicport or Servicing Agent requires a service bureau
for its business in such market, such business shall be processed through
Customer for services to be performed by Servicing Agent's service bureau under
this Agreement.  Notwithstanding the foregoing, such restriction on Customer
shall not include its right to perform data processing services for itself and
affiliates or customers thereof in connection with Customer's current content
market or areas that may have an immaterial overlap as identified in the
definition of "Customer's Business" under Section 1.1.

                                  ARTICLE II
                                  ----------

                            MAINTENANCE OF SYSTEMS

          2.1  Operations, Corrections and Repairs.  Servicing Agent shall
               -----------------------------------
correct and repair, and at all times keep in good working condition, all of its
systems that are used with, related to, or connected in any way to the Software
and IP and/or the services being provided to Customer hereunder.  Servicing
Agent shall provide reasonable technical assistance and consultation to Customer
at any time during normal working hours, and shall cause qualified, trained
personnel to be on-call twenty-four hours a day, seven days a week, throughout
each calendar year, for purposes of operating a continuous processing center and
to efficiently and expeditiously correct and repair any and all failures,
malfunctions, defects or nonconformity which prevents or delays the services
being provided by Servicing Agent to Customer.  At all times during the term of
this Agreement, Servicing Agent shall maintain necessary staff and personnel,
trained in the services being provided, dedicated to such operation, correction
and repair using continuous, dedicated efforts and adequate resources.

          2.2  Change in Systems.  Servicing Agent has the right to update,
               -----------------
improve, modify or enhance any of its systems and shall provide Customer written
notice and a copy of all revisions, updates, improvements, modifications and
enhancements to the Software and IP and related documentation (the "Updates");
provided, however, unless Customer notifies Servicing Agent in writing that
Customer agrees for Servicing Agent to use such Updates in connection with the
services being provided to Customer, Servicing Agent shall continue its services
in the form and manner in effect immediately prior to Servicing Agent's written
notice.  Any Upgrades shall not degrade, impair or otherwise adversely affect
the performance or operation of the services being provided by Servicing Agent
hereunder. For purposes of this Agreement, an Update once incorporated into the
services provided to Customer as set forth herein shall be considered a part

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thereof for all purposes hereunder.  Servicing Agent shall provide a copy of all
such Updates to Customer in accordance with Section 1.5.

                                  ARTICLE III
                                  -----------

                             SERVICING COMPENSATION

          3.1  Servicing Fees.  For the processing services performed by
               --------------
Servicing Agent hereunder, Customer shall pay to Servicing Agent a  monthly
servicing fee, based on the number of settled credit card transaction during
such month, in accordance with the following schedule (the "Servicing Fee"):

<TABLE>
     <S>                                                         <C>
     For those settled transactions between 0 and 25,000         $2.74 per transaction
     For those settled transactions between 25,001 and 35,000    $1.61 per transaction
     For those settled transactions from 35,001 and up           $0.50 per transaction
</TABLE>

Servicing Agent agrees that modifications made to the Software and IP pursuant
to Section 1.5 or that are (i) necessary to be made in the ordinary course of
Customer's Business (including, without limitation, 900-938 transfers), (ii)
part of or related to existing projects underway for Customer or its affiliated
entities, or (iii) handled by employees of Customer or by Shared Workers shall
be made without further charge or expense to Customer but are considered part of
the Servicing Fees paid hereunder.  Any services that can be performed by Shared
Workers, but assigned by Servicing Agent to other of its employees, also shall
be without further charge or expense to Customer.  All other additional services
to be performed, including any Custom Services, shall be charged separately as
Customer and Servicing Agent mutually agree.

          3.2  Payment.  Customer shall pay the Servicing Fee within 30 days
               -------
after presentation of a statement detailing the fee charged.  Fees and charges
for Custom Services (as defined in Section 5.1), if applicable, shall be
invoiced and payable as mutually agreed upon by Servicing Agent and Customer and
specified in the related Work Schedule (as defined in Section 5.1).  Unless
otherwise stated in the Work Schedule, such fees and charges shall include the
provision of maintenance and support services.

          3.3  Acknowledgments.  Servicing Agent and Sonicport each acknowledges
               ---------------
that as part of, and consideration for, Servicing Agent's purchase of that
portion of the Software and IP from an affiliated entity of Customer, Servicing
Agent granted to Customer and its affiliated entities an irrevocable, non-
exclusive right to use, and are entitled indefinitely to the non-exclusive,
irrevocable use of, the Software and IP for Customer's Business (without regard
to whether this Agreement exists, has expired, or otherwise terminated).
Servicing Agent and Sonicport each acknowledges that no part of the Servicing
Fees are being paid for such right or entitlement but solely for services
provided by Servicing Agent hereunder.  Servicing Agent acknowledges and agrees
that this Service Agreement does not grant to Servicing Agent exclusive rights
to provide data processing for Customer's Business and that Customer and its
affiliated entities may at any time contract with any other person or entity
(including itself, any affiliate, or unrelated entity) to provide for or arrange
for the provision of any or all such services as being provided by Servicing
Agent

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hereunder. Servicing Agent further acknowledges that there is no requirement to
process a minimum number of transactions through the services provided by
Servicing Agent hereunder if Customer reasonably determines that Servicing Agent
is not able to perform or is not performing in accordance with and as required
by this Agreement.

                                  ARTICLE IV
                                  ----------

                              RIGHTS OF CUSTOMER

          4.1  Scope of Customer's Rights.  The rights of Customer hereunder
               --------------------------
include the right of Customer to use the services provided hereunder for the
benefit of itself, its parent, subsidiaries, affiliates, joint ventures or other
parties (including customers and clients of Customer or of any of Customer's
affiliated entities).  Customer's rights to processing services under this
Agreement includes the full, complete and unhindered right to access and use
Customer's hardware, its data files, the Software and IP (but not the Unrelated
Software), and any associated or interconnected networks, peripherals, equipment
and devices.  In addition, Customer shall have the right to enhance, modify
and/or adapt any of the Software and IP (but not the Unrelated Software) and/or
materials provided to Customer hereunder, may create and use derivative works
and may use and combine the Software and IP with other programs (but not the
Unrelated Software) and/or materials, in each case solely in connection with and
for the exclusive benefit of Customer and its affiliated entities and their
respective clients and customers; provided, however, such modifications shall
                                  --------
not impair or otherwise adversely affect Servicing Agent's Business and shall be
made only after obtaining the consent of Servicing Agent, such consent not to be
unreasonably withheld.  In addition, Customer shall have the exclusive right to
use any enhancements, modifications, adaptations and derivative works made by or
for Customer, or by Servicing Agent specifically at Customer's request or
direction.

          4.2  Inspection.  Customer shall have the right from time to time to
               ----------
inspect, examine, and test Servicing Agent's systems including the Software and
IP, upon one business days' notice to Servicing Agent, for the purpose of
determining Servicing Agent's compliance hereunder.  Such inspection,
examination and testing shall be conducted so as to not unreasonably impair or
disrupt Servicing Agent's normal operations or business procedures.

                                   ARTICLE V
                                   ---------

                                CUSTOM SERVICES

          5.1  Custom Services.  This Agreement also permits Customer to obtain
               ---------------
Servicing Agent's services to customize, modify and/or enhance the Software and
IP specifically  for Customer including the development of programs, software
and materials related to the Software and IP, and/or such other services as the
parties mutually agree upon (the "Custom Services"), and at prices mutually
agreed upon by Servicing Agent and Customer, and on a super-priority basis as
compared to customized services to be provided by other customers of Servicing
Agent.  Custom Services shall be specified on a Schedule and will be attached to
this Agreement from time to time and from the time so attached shall become part
of this Agreement as set forth in Section 5.2 (a "Work Schedule").

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          5.2  Work Schedules.  Each Work Schedule shall be numbered and dated
               --------------
to facilitate identification and when executed by both Customer and Servicing
Agent shall form a part of this Agreement.  Each Work Schedule shall include:
(i) the name and/or other description of the Software and IP being customized,
modified and/or enhanced; (ii) the scheduled date such Custom Services are to be
fully operational for Customer (the AScheduled Delivery Date"); (iii) the
standard specifications applicable to the Software and IP and Custom Services
(the "Specifications"); (iv) the charge for the services relating to the Custom
Services, it being agreed that all ongoing maintenance costs shall be included
within such charge unless specifically agreed otherwise in writing by Customer
and Servicing Agent ("Custom Services Fee"), and (v) any other provisions
Servicing Agent and Customer mutually agree upon.  Customer, directly or through
an affiliated entity, may execute Work Schedules with Servicing Agent under this
Agreement and for purposes of such Work Schedule shall be considered ACustomer"
as that term is used throughout this Agreement.

          5.3  Inconsistency.  In the event of any inconsistency between this
               -------------
Agreement and any Work Schedule, the provisions of such Work Schedule shall
govern, for purposes of such Work Schedule.

          5.4  Custom Services Delivery.  Servicing Agent shall deliver all
               ------------------------
Custom Services to Customer on or before its Scheduled Delivery Date.  If any
Custom Services are not delivered within 10 days of its Scheduled Delivery Date,
Servicing Agent shall be notified and given an opportunity to cure. If after the
parties mutually agree on a revised delivery date, Servicing Agent fails to
deliver the Custom Services, Customer may, on written notice any time
thereafter, terminate the Work Schedule involved in whole or in part, without
obligation, liability or penalty of any kind.  Such termination shall be without
prejudice to any rights Customer may have for a breach of this Agreement or that
any of its affiliated entities may have under any separate agreement with either
Servicing Agent or Sonicport.

          5.5  Acceptance of Custom Services.  At such time as the Custom
               -----------------------------
Services are fully operational and made ready for use, Servicing Agent shall
notify Customer and Customer shall commence acceptance testing of such Custom
Services with such assistance and support as necessary from Servicing Agent
personnel. The acceptance test shall be conducted for the purpose of
demonstrating that the processing functions and procedures perform in accordance
with its Specifications, documentation and any other criteria and procedures
mutually agreed upon and set forth in the Work Schedule.  Customer and Servicing
Agent each shall provide sufficient resources to complete acceptance testing
within a period of four calendar weeks from the date of notification that the
system is ready for use.  Customer may choose to extend the acceptance testing
period if corrections in the Custom Services are needed in order to perform to
the Specifications.  If the Custom Services have successfully passed the
acceptance test, Customer shall notify Servicing Agent in writing of its
acceptance.  If the Custom Services do not pass the acceptance test, Customer
shall notify Servicing Agent, specifying in reasonable detail in what respects
the Custom Services  have failed to perform.  Servicing Agent shall promptly
correct any deficiencies disclosed by the acceptance test.  If the Custom
Services fail to pass within 60 days of the date the deficiency was detected and
identified to Servicing Agent in writing, Customer shall have the option of
immediately terminating the Work Schedule involved in whole or in part, without
obligation, liability or penalty

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of any kind, or of continuing the acceptance test; provided, however, that
Customer's termination option shall remain available to Customer during any such
continuation.

                                  ARTICLE VI
                                  ----------

                                  WARRANTIES

          6.1  Warranty of Rights.  Servicing Agent warrants to Customer that:
               ------------------
(i) Servicing Agent has the right to perform the services required hereunder,
and will furnish such services as specified in this Agreement free of all liens,
claims, encumbrances and other restrictions except as specifically set forth in
this Agreement; (ii) the Servicing Agent, in furnishing such services will not
violate or infringe the rights of any third party or the applicable laws or
regulations of any governmental or judicial authority; (iii) Customer shall be
entitled to use and enjoy the benefit of such services, subject to and in
accordance with this Agreement; and (iv) Customer's use of such services,
including the Software and IP, and of Customer's hardware and data files shall
not be adversely affected, interrupted or disturbed by Servicing Agent,
Sonicport or any entity asserting a claim under or through Servicing Agent.

          6.2  Quality of Services.  Servicing Agent warrants that all services
               -------------------
(including maintenance and repair) provided by Servicing Agent hereunder shall
be performed in a high quality, professional manner by qualified personnel and
that all technical support services shall be provided on a real time, on-time
basis.

          6.3  Location.  Servicing Agent warrants that all services for
               --------
Customer's Business shall be provided from the California Location, or such
other location as is mutually agreed upon in writing by Customer and Servicing
Agent in advance of changing to such new location.

          6.4  Compliance.  Servicing Agent warrants that its Software and IP
               ----------
will remain in compliance with applicable law and fully capable of providing
accurate results using data having date ranges spanning the 20th and 21st
centuries (e.g., years 1900-2100).  Without limiting the generality of the
foregoing, Servicing Agent warrants that all Software and IP shall (a) manage
and manipulate data involving all dates from the 20th and 21st centuries without
functional or data abnormality related to such dates; (b) manage and manipulate
data involving all dates from the 20th and 21st centuries without inaccurate
results related to such dates; (c) have user interfaces and data fields
formatted to distinguish between dates from the 20th and 21st centuries; and (d)
represent all data related to include indications of the millennium, century,
and decade as well as the actual year.

          6.5  Disclaimer.  Except as specifically set forth herein, Servicing
               ----------
Agent does not warrant that its systems will operate uninterrupted at all times
or be free from minor defects or errors that do not materially affect
performance of services to Customer hereunder, and further except as
specifically provided in this Agreement, THERE ARE NO OTHER WARRANTIES,
EXPRESSED OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, ANY IMPLIED WARRANTY OF
MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.

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<PAGE>

                                  ARTICLE VII
                                  -----------

                      INTELLECTUAL PROPERTY INFRINGEMENT

          7.1  Indemnity.
               ---------

          (a)  Except for the current versions of the Software and IP in
existence and use on the date of this Agreement (subject to Section 7.1(b)
below), Servicing Agent and Sonicport each agree to defend and/or handle at its
own expense, any claim or action against Customer and/or any of its affiliated
entities (and their customers) for actual or alleged infringement of any
intellectual or industrial property right, including, without limitation,
trademarks, service marks, patents, copyrights, misappropriation of trade
secrets or any similar proprietary rights, based upon the services furnished
hereunder by Servicing Agent or based on Customer's use thereof.  Servicing
Agent and Sonicport each  further agrees to indemnify and hold Customer and its
affiliated entities harmless from and against any and all liabilities, losses,
costs, damages and expenses (including reasonable attorneys' fees and expenses)
associated with or related to any such claim or action.  Servicing Agent shall
have the sole right to conduct the defense of any such claim or action and all
negotiations for its settlement or compromise, unless otherwise mutually agreed
to in writing by all of the parties hereto.  Sonicport agrees to indemnify and
hold Customer and its affiliated entities harmless from and against any and all
liabilities, losses, costs, damages and expenses (including reasonable
attorneys' fees and expenses) incurred by Customer by reason of Servicing
Agent's breach of this Agreement.

          (b)  Currently,  in conjunction with the Software and IP owned by the
Servicing Agent, Customer and its affiliated entities use certain intellectual
property licensed from A2D, L.P.  (the "Katz IP") under a License Agreement
dated as of May 13, 1997 (the "Katz Agreement"), to process Customer's Business.
Pursuant to the Katz Agreement, ACI is responsible to pay a license royalties to
A2D, L.P. for use of the Katz IP.  Customer and its affiliates shall continue to
be responsible for such royalty payments for use of the Katz IP in connection
with Customer's Business; provided, however, in the event that Servicing Agent
uses the Katz IP for any other business or transactions (other than solely for
Customer's Business), Servicing Agent and Sonicport shall be responsible to pay
any and all royalties, fees or other amounts demanded by A2D, L.P. or its
successors or assigns for the use of the Katz IP for all other business or
transactions (including penalties and interest, if any).  Servicing Agent and
Sonicport each agree to indemnify, defend, and hold harmless Customer and/or any
of its affiliates with respect thereto to the same extent as that provided in
Section 7.1(a) above.

          7.2  Claims.  If any services performed or to be performed hereunder
               ------
by Servicing Agent become, or in Servicing Agent's opinion are likely to become,
the subject of any such claim or action, then, Servicing Agent, at its expense
may either (i) procure for Customer the right to continue using same as
contemplated hereunder; (ii) modify same to render same non-infringing (provided
such modification does not adversely affect Customer's use as contemplated
hereunder); or (iii) replace same with equally suitable, functionally
equivalent, compatible, non-infringing products, materials and/or services.

                                       9
<PAGE>

                                 ARTICLE VIII
                                 ------------

                           CONFIDENTIAL INFORMATION

          8.1  Confidentiality by Servicing Agent.  Servicing Agent and
               ----------------------------------
Sonicport each agrees to regard and preserve as confidential all information
related to Customer's Business, the activities of Customer and its affiliated
entities, their respective customers, clients, suppliers and other entities with
whom Customer or its affiliated entities do business, that may be obtained by
Servicing Agent from any source or may be developed as a result of this
Agreement.  Servicing Agent and Sonicport each agrees to hold such information
in trust and confidence for Customer and not to disclose such information to any
person, firm or enterprise, or use (directly or indirectly) any such information
for its own benefit or the benefit of any other party, unless authorized by
Customer in writing, and even then, to limit access to and disclosure of such
confidential information to Servicing Agent's employees on a "need to know"
basis only.

          8.2  Confidentiality by Customer.  Customer agrees to regard and
               ---------------------------
preserve as confidential all information related to Servicing Agent's Business,
their respective customers, clients, suppliers and other entities with whom
Servicing Agent's does business, that may be obtained by Customer from any
source or may be developed as a result of this Agreement.  Customer, for itself
and its affiliates, agrees to hold such information in trust and confidence for
Servicing Agent and not to disclose such information to any person, firm or
enterprise, or use (directly or indirectly) any such information for its own
benefit or the benefit of any other party, unless authorized by Servicing Agent
in writing, and even then, to limit access to and disclosure of such
confidential information to employees of Customer or its affiliates on a "need
to know" basis only.

          8.3  Public Information.  Subject to disclosure restrictions set forth
               ------------------
in Section 1.7 regarding Customer's information and assets, information of the
parties shall not be considered confidential to the extent, but only to the
extent, that such information is: (i) already known to the receiving party free
of any restriction at the time it is obtained from the other party; (ii)
subsequently learned from an independent third party free of any restriction and
without breach of this Agreement; (iii) is or becomes publicly available through
no wrongful act of either party; (iv) is independently developed by one party
without reference to any Confidential Information of the other; or (v) required
to be disclosed pursuant to a requirement of a governmental agency or law so
long as the parties provide each other with timely written prior notice of such
requirements.

                                  ARTICLE IX
                                  ----------

                                    GENERAL

          9.1  Sonicport Representations.  Sonicport represents to Customer that
               -------------------------
it shall cause Servicing Agent, its wholly-owned subsidiary, to perform in
accordance with this Agreement.  Sonicport further agrees that it will not take
any corporate action that could impair or otherwise adversely affect the
performance or operation of the services being provided by Servicing Agent
hereunder, whether by way of merger, reorganization or otherwise.

                                       10
<PAGE>

          9.2  Term.  The term of this Agreement shall be for one year,
               ----
commencing as of the date hereof, and, unless earlier terminated as set forth in
this Agreement, shall automatically renew for successive one year terms so long
as Customer makes timely payment of the Servicing Fees; provided, however,
Customer shall have the right to contest in good faith statements delivered to
Customer for payment so long as Customer pays the undisputed portion thereof and
notifies Servicing Agent within 30 days after presentation of a detailed
statement pursuant to Section 4.2 of its objections. Notwithstanding such
automatic renewals, either Customer or Servicing Agent may elect to terminate
this Agreement upon 180 days' written notice to the other parties provided that
any such termination shall not become effective prior to the first anniversary
of the date of this Agreement.  Notice of termination of any Work Schedule shall
not be considered notice of termination of this Agreement.

          9.3  Termination for Breach.  If Servicing Agent fails to provide
               ----------------------
processing services to Customer as required herein, Customer may, on written
notice any time thereafter, terminate this Agreement, without obligation,
liability or penalty of any kind.  Such termination shall be without prejudice
to any rights Customer may have for a breach of this Agreement or that any
rights that Customer's affiliated entities may have under any separate agreement
with either Servicing Agent or Sonicport.  Subject to Customer's right to
contest in good faith, if Customer fails to make timely payment to Servicing
Agent, upon 20 days written notice to Customer if Customer has not cured such
failure with such 20-day period, Servicing Agent may terminate this Agreement,
without obligation, liability or penalty of any kind.  Such termination shall be
without prejudice to any rights Servicing Agent may have for a breach of this
Agreement or that any rights that Servicing Agent or Sonicport may have under
any separate agreement with either Customer or any of its affiliated entities.

          9.4  Non-exclusive Use.  Upon termination or expiration of this
               -----------------
Agreement, unless  arrangements are made with Landlord, Customer shall re-locate
its hardware.  Further, Customer and its affiliated entities shall retain the
right to use the Software and IP indefinitely (in the then current version and
as and however upgraded, improved, or otherwise modified, by Customer or its
affiliated entities) for all purposes but shall not be entitled to receive any
Upgrades made by Servicing Agent.

          9.5  Liability.  In no event shall any party be liable to the other
               ---------
party or parties, for any indirect, special, or punitive damages arising out of
or in connection with this Agreement.

          9.6  Notices.  Unless otherwise specified all notices shall be in
               -------
writing and delivered personally or mailed, first class mail, postage prepaid,
to the addresses for each party as set forth below:

          If to Customer:     Starline Communications International, Inc.
                              21621 Nordhoff Street
                              Chatsworth, California 91311
                              Attention: Frank Montelione or Russel Leventhal
                              Facsimile: (818) 700-9965

                                       11
<PAGE>

          If to Servicing Agent:    US Dataworks, Inc.
                                    21621 Nordhoff Street
                                    Chatsworth, California 91311
                                    Attention:  General Counsel or President
                                    Facsimile: (888) 329-5646

          If to Sonicport:          Sonicport, Inc.
                                    21621 Nordhoff Avenue
                                    Chatsworth, California  91311
                                    Attn: General Counsel or Chief Executive
                                    Officer
                                    Facsimile: (888) 329-5646

A party may change the address(es) or addressee(s) for notice hereunder upon
written notice to the other parties.  All notices shall be deemed given on the
date delivered or when placed in the mail as specified herein.

          9.7   Advertising and Publicity.  Neither Customer, on the one hand,
                -------------------------
or Servicing Agent and Sonicport, on the other hand, shall use the name or
marks, refer to or identify the other party in advertising or publicity
releases, promotional or marketing correspondence to others without first
obtaining the written consent of such other party.

          9.8   Assignment.  Servicing Agent may not assign this Agreement, any
                ----------
Work Schedule or any rights and/or obligations hereunder without the written
consent of Customer and any such attempted assignment shall be void; provided,
however, that Servicing Agent may subcontract certain services to other entities
but no subcontracting shall relieve Servicing Agent of its obligations or
liabilities under this Agreement.  Customer may assign this Agreement, any Work
Schedule and its rights and/or obligations hereunder to any of its affiliated
entities, or all of them, upon written notice to Servicing Agent but without the
consent of Servicing Agent or Sonicport.

          9.9   Governing Law.  In all respects this Agreement shall be governed
                -------------
by the substantive laws of the State of California without regard to conflict of
law principles.

          9.10  Modification, Amendment, Supplement and Waiver.  No
                ----------------------------------------------
modification, course of conduct, amendment, supplement to or waiver of this
Agreement, any Work Schedule, or any provisions hereof or thereof shall be
binding upon the parties unless made in writing and duly signed by all the
parties. At no time shall any failure or delay by any party in enforcing any
provisions, exercising any option, or requiring performance of any provisions,
be construed to be a waiver of same.

          9.11  Headings.  Headings are for reference and convenience only and
                --------
shall not affect the meaning of any of the terms or provisions of this
Agreement.

          9.12  Severability.  In the event that any provision hereof is found
                ------------
invalid, illegal or unenforceable pursuant to judicial decree or decision or
newly created state or federal law, the remainder of this Agreement shall remain
valid and enforceable according to its terms.

                                       12
<PAGE>

          9.13  Attorneys' Fees.  In the event of a dispute hereunder, the
                ---------------
prevailing party shall be entitled to recover its attorneys' fees and expenses
and any costs of investigation.

          9.14  Dispute Resolution.  Except for the right of any party to apply
                ------------------
to a court of competent jurisdiction for a temporary restraining order,
preliminary injunction or other equitable relief to preserve the status quo or
prevent irreparable harm pending the selection and the confirmation of the
arbitrator(s), any controversy or claim arising out of, relating to, or
connected with this Agreement, or breach thereof, shall be settled by binding
arbitration in accordance with Commercial Arbitration Rules of the American
Arbitration Association, and judgment upon the award rendered by the
arbitrator(s) may be entered in any court having jurisdiction thereof.  Such
arbitrator(s) shall be bound to the terms of this Agreement, and shall award
attorneys' fees and expenses, and costs of investigation as part of any final
arbitration award.  Any arbitration under this Agreement shall be administered
exclusively by the closest available Regional Office of the American Arbitration
to Los Angeles, California.  All proceedings in any arbitration shall be
conducted in the English language.

          9.15  Entire Agreement.  Any future Work Schedule is incorporated by
                ----------------
this reference and shall constitute part of this Agreement, and, as such, this
Agreement constitutes the entire agreement between the parties and supersedes
all previous agreements, promises, proposals, representations, understandings
and negotiations, whether written or oral, among the parties respecting the
subject matter hereof.

          9.16  Survival.  Sections 3.3, 7.1 and 9.4 and Article VIII shall
                --------
survive the termination or expiration of this Agreement.

                 [Remainder of page intentionally left blank]

                                       13
<PAGE>

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

                         Servicing Agent:
                         US DATAWORKS, INC.

                         By:  /s/ John Cooper
                             -------------------------------
                             Name:  John Cooper
                             Title:   President

                         Customer:
                         STARLINE COMMUNICATIONS INTERNATIONAL, INC.

                         By:   /s/ Frank Montelione
                             -------------------------------
                             Name:  Frank Montelione
                             Title

                         Sonicport:
                         SONICPORT, INC.

                         By:    /s/ David Baeza
                              ------------------------------
                              Name:   David Baeza
                              Title:    Chief Executive Officer

                         By:    /s/ Stanton Dodson
                              ------------------------------
                              Name:  Stanton Dodson
                              Title:  Chairman of the Board

                                       14<PAGE>

                                                                   EXHIBIT 10.67

                           PRODUCT LICENSE AGREEMENT

     THIS AGREEMENT ("Agreement") is made by and between Easyriders, Inc. a
Delaware corporation ("Easyriders") Paisano Publications, Inc., a California
corporation ("Paisano") and Easyriders Licensing, Inc., a California corporation
("ELI") each doing business at 28210 Dorothy Drive, Agoura Hills, California
91301, on the one hand (collectively, "Licensor"), and Southern Steel
Streetwear, Inc., a Florida corporation ("Licensee"), as of the "Effective Date"
specified in section 12 below.

1.   Recitals  This Agreement is made with reference to the following material
     --------
facts:

     1.1  Paisano is the publisher of various magazines sold under the titles
("Titles") "Easyriders", "Biker", "V-Twin", "In the Wind", and others
(collectively, the "Magazines").

     1.2  Paisano regularly sells and distributes apparel, accessories and other
merchandise (collectively, "Brand Merchandise") under various brand names,
including one or more Titles (the "Brand Names").  The Titles and Brand Names,
and all trademarks, logos, names, likenesses, visual representations and
commercial symbols related thereto which are the subject of this agreement are
listed on the attached Schedule 1.2, and, are hereinafter referred to as the
"Symbols".

     1.3  Licensor operates in the US and Canada a program (the "License Store
Program") whereby it offers licenses to retail store owners and operators
("Store Licensees"), pursuant to which each Store Licensee is permitted to
conduct business in a designated geographical territory at a specified retail
location (a "License Store"), in exchange for a commitment to purchase a minimum
amount of Brand Merchandise initially and on an annual basis.

     1.4  Licensee is an affiliate of Action Promotions, Inc., a Florida
corporation ("API"), in that Licensee and API share common ownership.  Paisano
and Easyriders Events, Inc. (formerly, Teresi, Inc.) are parties to an agreement
with API dated as of March 31, 2000 (the "Events License Agreement"), pursuant
to which Paisano and Easyriders Events granted a license to API to exploit the
Symbols in connection with consumer and industry "Events" (as defined in the
Events License Agreement), and to make and sell at such Events event-specific
Brand Merchandise and other Brand Merchandise from Licensor's Roadware catalog.
Pursuant to the Events License Agreement, there presently exists in favor of API
a credit to purchase Brand Merchandise (as specified and defined therein) in the
sum of $1,360,194.73 (the "API Credit").  For purposes of this Agreement,
$600,000 of the API Credit is defined as the "Offset Credit #1" and the
remaining $760,194.73 of the API Credit is defined as the "Offset Credit #2."

     1.5  Licensor sells Brand Merchandise through the following channels:

          (a)  To Store Licensees for re-sale in License Stores and as may
     otherwise be permitted under the applicable store license agreement, and to
     retail stores offering products and services of interest to motorcycle
     owners and enthusiasts, through its Roadware Catalog of merchandise
     (collectively, the "Wholesale Channel");

          (b)  Through API pursuant to the Events License Agreement;

          (c)  To retail purchasers on a direct basis, through distribution of
     its Roadware Catalog in print form, and via Licensor's Internet Web sites
     and magazine advertisements (the "Retail Channel").
<PAGE>

          (d)  Through license agreements with various manufacturers and
     distributors, in the US and various foreign territories (the "Licensed
     Product Channel").

     1.6  Licensee desires to acquire the right to use the Symbols for certain
commercial purposes, namely to manufacture and distribute Brand Merchandise for
sale through the Wholesale Channel, and Licensor desires to grant such rights to
Licensee subject to the terms and conditions of this Agreement.

2.   License   Subject to Licensor's right to terminate under Section 7,
     -------
Licensor hereby grants to Licensee the following limited rights, which, subject
to the provisions of sections 2 (c) and 2 (d), below,  shall be exclusive to
Licensee during the Term, as provided below:

          (a)  To use the Symbols in conjunction with the sale, development,
     marketing and distribution of Brand Merchandise, provided that (i) as used
     herein, the term "Brand Merchandise" shall not include any right to create,
     develop, promote, market, license, sell or otherwise distribute
     publications in any form, including but not limited to magazines,
     newsletters, books, posters, calendars, videos, radio or television
     programs, Internet content, movies or any other expression or form of media
     publication, and (ii) such use shall be limited to the Wholesale Channel.

          (b)  To enjoy all of the foregoing rights on a worldwide basis
     during the Term (the "Licensed Territory"), subject to any laws,
     regulations or other restrictions or limitations arising from the
     intellectual property rights of third parties.

          (c)  Licensee acknowledges as follows:

               (1)  Licensor has entered into a license agreement (the "Doyle
               Agreement") with Doyle Motorcycle Productions Corp., an Ontario
               (Canada) corporation ("Doyle), pursuant to which Doyle has been
               granted certain rights to source Brand Merchandise in Canada
               ("Approved Product") and to sell the same directly and through
               sublicensees of Doyle (collectively, the "Doyle Rights").
               Licensee acknowledges receipt of a copy of the Doyle Agreement.

               (2)  Licensor has entered into an agreement with HD Lee Company
               (the "Consent Decree") pursuant to which Licensor has agreed to
               restrict its marketing and distribution of merchandise bearing
               the mark "Easyriders" as specified in the Consent Decree.
               Licensee Acknowledges receipt of a copy of the Consent Decree.

               (3)  Licensor is a party to a number of license agreements
               pursuant to which it has granted various parties the right to
               manufacture and distribute, in designated territories, Branded
               Merchandise through the Licensed Product Channel.  A schedule of
               such agreements (collectively, the "Licensed Product Channel
               Agreements") is attached hereto as Exhibit A, by this reference
               made a part hereof.

          (d)  Licensee hereby agrees that it will not use the license rights
     granted hereby in any way that would violate, or tend in any way, directly
     or indirectly, to violate the Doyle Agreement, the Consent Decree and/or
     the Licensed Product Channel Agreements (the "Excepted Rights").  Licensee
     acknowledges and agrees that the rights granted hereby are specifically
     limited by and qualified by the Excepted Rights.

                                       2
<PAGE>

          (e)  Licensee is hereby granted the right to adopt a fictitious
     business name incorporating Licensor's tradename "Easyriders," in order to
     conduct the business contemplated by this agreement, provided that any such
     name must first be approved by Licensor.

3.   Covenants Concerning License
     ----------------------------

     3.1  During the Term (as defined in section 7) Licensor agrees that it will
use reasonable commercial efforts to (a) continue in operation its Licensed
Store Program, and (b) continue to promote the Licensed Store Program for the
purpose of expanding the number of License Stores, provided that any and all
decisions in connection with the operation, maintenance and expansion of the
Licensed Store Program shall be made by Licensor in its sole discretion.

     3.2  During the Term, Licensor shall continue to produce its Roadware
Catalog, commensurate in style and quality to its current catalog.  The Roadware
Catalog shall be produced twice annually, one edition for Spring/Summer products
and one for Fall/Winter products, and each edition shall be not less than 32
pages in length.  The 2 annual Roadware Catalogs shall together continue to
include all merchandise then available and comprising Brand Merchandise, except
for Brand Merchandise sold through the Licensed Product Channel.

     3.3  At the request of Licensee, Licensor shall produce for Licensee a
print-ready "Dealer Version" of its Roadware Catalog, at a cost of $600 per
page.  Such Dealer Version shall be prepared in a digital format, ready for
printing.  The cost of $600 per page does not include printing. Licensee shall
provide reasonable advance notice if its desire to have such a Dealer Version
produced, and the parties shall negotiate in good faith the terms and conditions
of delivery and other relevant matters applicable thereto.

     3.4  The parties acknowledge and agree that the objective of this Agreement
is to place primary responsibility with Licensee for the design and selection of
all Brand Merchandise, irrespective of distribution channel, i.e. the products
featured in the Roadware Catalog.  In this regard, Licensee shall have primary
responsibility for the design and selection of the products which comprise Brand
Merchandise (the "Product Array"), subject in all cases to prior collaboration
with Licensor and the reasonable approval of Licensor of each product in the
Product Array.  "Product Array" does not include merchandise sold by Licensor
through the Licensed Product Channel.

     3.5  Licensee shall have sole and exclusive responsibility for
manufacturing or causing to be manufactured under its direct control (as
provided in section 3.11 below), all T-Shirts and non-leather garments in the
Product Array, except for such items that are not presently capable of being so
manufactured by Licensee (collectively, "Manufactured Merchandise").  All Brand
Merchandise other than Manufactured Merchandise is referred to hereinafter as
"Vendor Sourced Product."  In order to assist Licensee in creating Manufactured
Merchandise for the Product Array, Licensor shall make available to Licensee,
during the Term, any and all dyes and/or screens for use in silkscreening and/or
embroidery which Licensor owns and/or controls, and all art works, images and
designs which it owns and/or controls.

     3.6  The parties shall collaborate and cooperate with one another in
connection with the acquisition of Vendor Sourced Product, each sharing with the
other product source information.  Where feasible, the parties shall effect
joint purchases of Vendor Sourced Product so as to maximize the opportunity for
bulk purchase discounts.

     3.7  Licensee shall have sole and exclusive responsibility for procuring,
stocking, warehousing, shipping and fulfilling orders for the sale of
merchandise comprising the Product Array to

                                       3
<PAGE>

(a) License Store owners and dealers in connection with distribution through the
Wholesale Channel, and (b) to Licensor for re-sale through the Retail Channel;
provided that with respect to all Brand Merchandise sold through the Retail
Channel, Licensor shall have responsibility for (i) maintaining its own
inventory, (ii) warehousing and shipping all merchandise, and (iii) processing
all orders. In addition, Licensee shall have sole and exclusive responsibility
for preparing invoices and collecting all revenues attributable to Wholesale
Channel Sales.

     3.8. In order to support the sale of Brand Merchandise to the Wholesale
Channel, Paisano shall provide the following advertising support to the
Wholesale Channel:

     .  1 full page and 2 one-third pages of 4-color ads in each issue of every
        motorcycle-themed title Paisano continues to publish.  The parties shall
        collaborate with one another in developing the content for such
        advertising to ensure that the same is consistent with Licensor's
        advertising in the various Titles in order to support it sales of Brand
        Merchandise through the Retail Channel.  The parties agree to share the
        expense thereof on an equitable basis as result of good faith
        negotiations.

     .  At Licensee's sole cost (including reimbursement for incremental
        materials and labor incurred by Licensor), the right to put in Regional
        inserts ("bind-ins" or "blow-ins").  There shall be no charge, however,
        for the right to place these inserts into magazines.

     3.9  Insurance.  During the Term, Licensee agrees to maintain in full
          ---------
force and effect the following minimum levels of insurance coverage.

     .  A policy of general and comprehensive liability coverage, insuring
        against all manner of injuries and damages arising out the performance
        of this Agreement by Licensee, in the sum of not less than $2 million
        for each occurrence. Such policy or policies shall cover Licensee and
        shall name Easyriders and Paisano as additional insureds.

     .  As to each physical site owned, leased, occupied or maintained by
        Licensee for manufacturing, storing, warehousing or holding Brand
        Merchandise, a comprehensive policy providing coverage for loss or
        damage to the Brand Merchandise for the full replacement value thereof,
        which policy shall name Easyriders and Paisano as additional insured.

     .  All other insurance and permits required under federal, state and local
        laws to operate the business of Licensee referred to herein.

     3.10 Use of Titles - Notification.
          ----------------------------

          (a)  The license rights granted hereby extend and apply to all current
     Titles, provided that with respect to all current Titles other than
     Easyriders, Biker and In the Wind, (collectively, the "Available Titles"),
     the following provisions shall apply:

               (i)  Licensee shall have no right to exploit any Available Title
          without first providing written notice of Licensee's intentions to do
          so, which notice shall identify the applicable Available Title, and
          specify the plan and method developed by Licensee for the marketing of
          merchandise under an Available Title (each, Magazine Title Plan").
          Thereafter, Licensor shall have 30 days to review and evaluate the
          applicable Magazine Title Plan, and to reasonably approve the same.
          If Licensor reasonably disapproves such Magazine Title Plan it shall
          notify Licensee before the end of such 30 day period, and if

                                       4
<PAGE>

          such disapproval is noticed, Licensee shall have no right to exploit
          the applicable Available Title. If no such disapproval notice is
          given, Licensee shall then have 60 days to implement the applicable
          Magazine Title Plan. Should Licensee fail to implement such Magazine
          Title Plan within such 60 day period, or should Licensee fail to
          pursue with reasonable commercial diligence such Magazine Title Plan
          as approved, Licensor shall have the right, to revoke the license as
          to such Available Title upon the delivery of notice thereof and
          Licensee's failure to cure such default within ten (10) days.

               (ii) Licensor reserves the right to license to another party any
          Available Title which has not been licensed to Licensee pursuant the
          preceding subparagraph 3.10(a)(i), provided that before doing so, it
          shall provide Licensee with written notice of intentions in this
          regard, and offer such Available Title to Licensee.  Upon receipt of
          such notice, Licensee shall have 21 days to notify Licensor if it
          desires to exploit the Available Title in question, and to specify the
          plan and method to be used by Licensee for the marketing of
          merchandise under such Available Title. If Licensee fails to respond
          within such period, or notifies Licensor of its intention not to use
          the applicable Available Title, then as to such Available Title
          rejected or not addressed, Licensor shall be free to offer the
          Available Title(s) in question to any person or entity for the purpose
          of selling Brand Merchandise.  In the event that Licensee does timely
          submit a Magazine Title Plan for the Available Title in question, then
          Licensor shall have 30 days to review and evaluate the applicable
          Magazine Title Plan, and to reasonably approve the same.  If Licensor
          reasonably disapproves such Magazine Title Plan it shall notify
          Licensee before the end of such 30 day period, and if such disapproval
          is noticed, Licensee shall have no right to exploit the applicable
          Available Title.  If no such disapproval notice is given, Licensee
          shall then have 60 days to implement the applicable Magazine Title
          Plan.  Should Licensee fail to implement such Magazine Title Plan
          within such 60 day period, or should Licensee fail to pursue with
          reasonable commercial diligence such Magazine Title Plan as approved,
          Licensor shall have the right, to revoke the license as to such
          Available Title upon the delivery of notice thereof and Licensee's
          failure to cure such default within ten (10) days.

          (b)  In the event that Paisano develops and launches any new magazine
     title, Licensor shall notify Licensee of such new title, and offer Licensee
     an option to include such new title as a Symbol covered by the terms and
     conditions of this Agreement.  Such offer shall be in writing, and shall be
     exercisable for a period expiring 21 days following the delivery of such
     notice.  If Licensee fails to respond within such period, or notifies
     Licensor of its intention not to exercise such option within such period,
     then such option shall expire, and Licensor shall be free to offer such new
     magazine title to any person or entity for the purpose of selling Brand
     Merchandise.

     3.11  With respect to Wholesale Channel sales, Licensee shall indicate
Licensor's ownership of the Symbols whenever Licensee uses the Symbols in
connection with the advertising, manufacture, or sale of Brand Merchandise.
Licensee shall provide all trade dress and labels for the Product Array, subject
to the reasonable approval of Licensor, and Licensee shall use only such
approved trade dress and labels in connection with the sale of Brand Merchandise
through the Wholesale Channel.

     3.12  Licensee will comply with all laws applicable to the Symbols,
including compliance with marking requirements.  Should Licensee fail to perform
Licensee's obligations under this Section, Licensor may perform them on
Licensee's behalf, without notice to Licensee and at Licensee's sole cost and
expense.

                                       5
<PAGE>

     3.13  Although none of the rights granted to Licensee by this Agreement can
be assigned to others without Licensor's express written consent, Licensee is
permitted hereby to cause the Brand Merchandise to be manufactured by others for
Licensee.  In such event, the agreements between Licensee and Licensee's
subcontractors shall be subject to Licensor's written approval, which consent
shall not be unreasonably withheld, and shall provide that Licensor may enter
upon Licensee's subcontractors' premises to determine whether the Brand
Merchandise is being produced in accordance with the terms and conditions of
this Agreement.  Licensor agrees that Hot Action Sportswear, Inc. is pre-
approved as a subcontractor to manufacture all Brand Merchandise as provided for
under this agreement.

     3.14  Licensee acknowledges Licensor's exclusive right, title, and interest
in and to the Symbols and will not do anything that will in any way impair or
tend to impair any part of Licensor's right, title, and interest.  In connection
with the use of the Symbols, Licensee will not represent that Licensee has any
ownership in the Symbols or in its registration.  Use of the Symbols by Licensee
will not create any right, title, or interest in or to the Symbols in favor of
Licensee.  Licensee will not at any time, either during the term of this
Agreement or after it has ended, adopt or use any work or mark that is similar
to or confusing with the Symbols, without Licensor's prior written consent.
Further, Licensee agrees that in performing the obligations of this Agreement,
it will not, by act or omission, do anything or cause anything to be done
directly or indirectly which will reflect adversely upon Licensor or any of the
Symbols, adversely affect the reputation and goodwill of Licensor, or otherwise
cause damage or harm to Licensor or any affiliate thereof.

4.   Economic Provisions Pertaining to License.
     -----------------------------------------

     4.1  In exchange for the foregoing grant of exclusive rights, Licensee
shall pay to Licensor the following consideration:

          (a)  The first $2,500 realized from the sale of Brand Merchandise to
     any new License Store (the "Initial Product Royalty").  A list of the
     current Licensed Stores is attached hereto as Exhibit B, by this reference
     made a part hereof.  The aggregate amount of all Initial Product Royalties
     shall be paid within 20 business days following the end of each calendar
     month during the Term, for the preceding month.

          (b)  A royalty equal to ten percent (10%) of the gross revenues
     realized by Licensee from the sale of Brand Merchandise through the
     Wholesale Channel, but not less than 10% of the minimum sales targets per
                                     -----------------------------------------
     year (the "Annual Minimums") set forth in subparagraphs (1) and (2) below
     ----
     (the "Gross Revenue Royalty"):

               (1)  With respect to sales to License Stores: The sum of $37,500
                    ---------------------------------------
                    (the "Per Store Minimum") multiplied by that number of
                    License Stores participating in the License Store Program on
                    an annual basis. The Per Store Minimum shall be pro-rated
                    for each License Store whose license agreement is not in
                    effect for a full calendar year. If, for example, a License
                    Store's agreement is terminated on May 31, the Per Store
                    Minimum for that License Store would be 50% of $37,500. The
                    Per Store Minimum shall be increased each time that the
                    minimum Brand Merchandise commitment required of License
                    Stores under the License Store Program is increased above
                    $75,000, so as to always be 50% of the minimum purchase
                    commitment. For example, if the annual minimum commitment is
                    raised to $90,000, the Per Store Minimum would increase to
                    $45,000 per License Store.

                                       6
<PAGE>

               (2)  With respect to sales to other stores and customers in the
                    ----------------------------------------------------------
                    Wholesale Channel:
                    -----------------

                    Year           Sales Target
                    ----           ------------

                    1              $500,000

                    2-5            110% of the previous year's actual Sales, but
                                   in no event less than $550,000 in Year 2.

                    Thereafter     Increasing on an annual basis in accordance
                                   with any increases in the US Consumer Price
                                   Index.

          (c)  For purposes of the foregoing, "Year" shall mean January 1 to
          December 31, except for the year 2001, which shall mean the period
          running from the Effective Date through December 31, 2001 ("Year 1").
          All of the Annual Minimums for Year 1 shall be pro-rated
          appropriately. If for example, the Effective Date is April 1, 2001,
          the Sales Targets in sections 4.1(b)(1) and (2) would be adjusted to
          75% of the figures stated.

          (d)  The Gross Revenue Royalty shall include all sums realized by
          Licensee on account of "Sales" to any person, firm or entity,
          including, without limitation, API, Hot Action Sportswear, or any
          entity controlled by Melissa Penland and/or John Green, provided that
                                                                  -------------
          as used herein, the term "Sales" shall not include: (i) sales to
          Licensor under section 4.6 of Manufactured Merchandise, nor (ii) sales
          to API of Manufactured Merchandise in furtherance of the Events
          License Agreement.

     4.2  The Initial Product Royalty and Gross Revenue Royalty are hereinafter
each referred to sometimes as a "Royalty."

     4.3  The aggregate amount of all Gross Revenue Royalties shall be paid
within 20 business days following the end of each calendar month during the
Term, for the preceding month, and interest shall accrue upon any unpaid balance
thereon at an annual rate of twelve percent (12%) until such unpaid balance has
been paid.  Such rate of interest shall increase to fifteen percent (15%) on any
unpaid balance remaining outstanding in excess of sixty (60) days.  For purposes
of this provision, Licensee shall have until January 31 of each Year, to pay
such additional sums as may be necessary to achieve the Annual Minimums for the
previous Year.  If, for example, the total, cumulative amount of monthly
payments of Gross Revenue Royalties were $175,000 through December 31, and the
Annual Minimum for that Year were $200,000, Licensee would have until January 31
of the next Year to pay the additional sum of $25,000 to achieve the required
Annual Minimum.

     4.4  Along with each Royalty payment, Licensee shall provide Licensor a
statement ("Financial Report") showing the number of units of the Brand
Merchandise sold by Licensee during the period covered by the Royalty payment,
as well as Licensee's gross receipts for those sales and the computation of
Royalties due to Licensor.  Such Financial Report will be executed by the
President or Chief Financial Officer of Licensee and will contain a
representation that the financial information contained therein is to their best
knowledge and belief a true and accurate accounting of royalties due Licensor
for the month just ended.

     4.5  Upon reasonable notice and at reasonable intervals, Licensor or its
auditors shall have the right to examine the books and records of Licensee at
Licensor's cost, provided, however, that if any such

                                       7
<PAGE>

audit shows an underpayment to Licensor of more than 5% as to any applicable
royalty payment, Licensee shall reimburse Licensor for the cost of such audit.

     4.6  (a)  Subject to the provisions of subparagraph (b) of this Section
     4.6, the price charged by Licensee for merchandise sold to Licensor for re-
     sale by Licensor through the Retail Channel shall be 50% off of "dealer
     cost."

          (b)  Licensee shall have the right to establish any and all "volume
     discount prices," i.e. the prices to be paid by License Stores and other in
     the Wholesale Channel for Brand Merchandise based the amount of merchandise
     purchased.  In the case of any sale price ("Volume-Based Dealer Price")
     based on volume ("Quantity"), Licensor shall be entitled to purchase
     merchandise at 50% off of such Volume-Based Dealer Price only if it
     purchases twice the Quantity established for such Volume-Based Dealer Price
     in the case of buyers other than Licensor.  For example, and by way of
     illustration only, if Licensee establishes for a particular apparel item a
     unit "dealer cost" of $10 for up to 99 units, and a Volume Based Dealer
     Price of $9 for purchases of 100 or more units, then Licensor's pricing
     would be $4.50 per unit only on a purchase by Licensor of 200 or more
     units.  Otherwise, Licensor will be charged the full Volume-Based Dealer
     Price.

     4.7  As of the Effective Date, Licensee shall deliver to Licensor the fully
executed Assumption and Release Agreement in the form of Exhibit B, attached
hereto and by this reference made a part hereof.

     4.8  Licensee shall invoice Licensor for all sales of Brand Merchandise to
Licensor hereunder, and payment shall be due in accordance therewith.  If any
such sales are on credit terms, whereby Licensor accepts or takes possession of
Brand Merchandise prior to full payment therefor, then as to such merchandise
sold on credit, Licensee shall have a first priority lien on such merchandise
until full payment is made.  Such lien shall be established pursuant to the
Pledge and Security Agreement in the form of Exhibit C, attached.  Licensor
agrees to cooperate with Licensee in connection with the execution of any and
all documents necessary to perfect such lien.

5.   Payment for Transition Services and Merchandise.
     -----------------------------------------------

     5.1  Promptly after the Closing Licensor shall deliver to and provide
Licensee with all necessary transition and support services, customer and vendor
lists, sales records, marketing literature, graphics, and promotional assistance
relating to the License Store Program, and its prior activities with respect to
sales to the Wholesale Channel. In consideration therefor, and for license
rights granted hereby, Licensee shall pay Paisano at the Closing the sum of
$600,000, (allocated as set forth in Schedule 5.1 attached) payable by the
assumption by Licensee of all obligations of Licensor pertaining to the Offset
Credit #1, pursuant to execution (by all parties) and delivery, as of the
Effective Date, of the Assumption and Release Agreement in the form of Exhibit
B, attached hereto and by this reference made a part hereof.

     5.2  Licensor shall prepare, as of the close of business on the day
immediately prior to the Effective Date, an itemized inventory of all Brand
Merchandise then held by Licensor (the "Final Inventory").  An itemized list of
the Final Inventory shall be attached hereto as Schedule 5.2.  In order to
provide Licensee with inventory sufficient to enable it to fulfill orders for
the Wholesale Channel, Licensor shall sell to Licensee, and Licensee shall
purchase from Licensor, the Final Inventory as of the Effective Date.  The
purchase price shall be $760,194.73 payable through Offset Credit #2 up to the
total amount thereof, and thereafter as to any excess, in cash within 5 days of
delivery to Licensee.  Such sale

                                       8
<PAGE>

shall be evidenced by a separate Bill of Sale in form satisfactory to Licensee.
Forthwith following the Effective Date, Licensor shall ship the Final Inventory
to Licensee at the expense of Licensee.

6.   Representations and Warranties.
     ------------------------------

     6.1  Representations and Warranties of Licensor. Licensor represents and
          ------------------------------------------
warrants to Licensee that:

          (a)  Licensor has the full and complete right to enter into and
     perform the obligations of this Agreement, and to grant the rights
     specified in the license above.

          (b)  Subject to the provisions of Section 2(c), exploitation of the
     Symbols in the United States, as contemplated by this Agreement, will not
     infringe upon any trademarks, service marks, license rights of intellectual
     property interests of any other party.

          (c)  No party other than Licensee has the rights granted by this
     Agreement.

     6.2  Representations and Warranties of Licensee.  Licensee represents and
          ------------------------------------------
warrants to Licensor that:

          (a)  Licensee's use of the Symbols will not disparage or reflect
     adversely upon Licensor or the Symbols, hold Licensor or the Symbols up to
     scorn or ridicule, damage the reputation and goodwill of Licensor, or
     otherwise harm Licensor.

          (b)  Licensee has the full and complete authority to enter into and
     perform the obligations of this Agreement, have the financial capacity to
     perform as contemplated hereby and do so as principals and not as the
     agents for any other person or entity.

          (c)  Licensee acknowledges that Licensor and the Symbols enjoy an
     excellent reputation, that the Symbols constitute valuable intellectual
     property of Licensor, and that improper use of the Symbols could cause
     Licensor irreparable harm.

          (d)  Licensee will abide by all laws both in the United States and
     other countries where violation of such laws could adversely affect the
     image, reputation or financial condition of Licensor and/or its affiliates.

7.   Term and Termination.
     --------------------

     7.1  Subject to the provisions of Section 7.2, the License granted hereby
shall be in effect for a period of 10 years following the Effective Date (the
"Term").

     7.2  Licensor shall have the right, upon five (5) days advance notice, to
terminate this Agreement prior to expiration of the Term in the event that (a)
Licensee is adjudicated bankrupt or insolvent, or makes a general assignment for
the benefit of creditors, (b) Licensee materially breaches its obligations under
this agreement, and if such breach is capable of being cured, fails to cure the
same within twenty (20) business days of receipt of notice from Licensor which
specifies the nature of the breach, or (c) in the course or performing the
obligations of this Agreement, Licensee engages in any conduct deemed materially
detrimental in the good faith opinion of Licensor to the interests of Licensor
such that continuation of this Agreement would not be in the best business
interests of Licensor.

                                       9
<PAGE>

     7.3  For purposes of section 7.2, the term "material breach" shall mean any
default by Licensee in the performance of (a) any and all sections hereof which
specify and/or limit Licensee's use of the Symbols, (b) Sections 2 (a), 3.4,
3.5, 3.7, 6.2, 11, 12, 15 and 16, (c) any default in payment as provided in
Section 4, and (d) any other obligation which, by reason of such default,
substantially prevents Licensor from realizing the overall benefits contemplated
by this Agreement, or is likely to cause such consequences.

     7.4  Disposal of Stock
          -----------------

          (a)  After the expiration or termination of this Agreement in
     accordance with sections 7.1 or 7.2 (a), Licensee shall have no further
     right to manufacture, advertise, distribute, sell, or otherwise deal in any
     Brand Merchandise except as hereinafter provided.  Upon such expiration or
     termination, Licensor shall have the right (but not the obligation) to
     purchase all existing inventories of Brand Merchandise, which right shall
     be exercised, if at all, upon written notice to Licensee delivered within
     30 days following such termination or expiration (the "Option Period").
     This option (the "Inventory Purchase Option") may be exercised only once,
     for all or any portion of the available inventory of Brand Merchandise.  If
     Licensor exercises such option, Licensor shall pay to Licensee within 30
     days following expiration of the Option Period a sum equal to Licensee's
     cost, in cash, against delivery to Licensor of the inventory so purchased.
     In the event such Inventory Purchase Option is not exercised, Licensee
     shall dispose of finished Brand Merchandise on hand or in process at the
     time of such expiration or termination, in an orderly fashion, for a period
     not to exceed 180 days from the date of such termination or expiration
     days, provided all further payments due with respect to such 180 day period
     are made in accordance with paragraph 4 hereof.

          (b)  If this Agreement is terminated for any reason set forth in
     section 7.2 (b) or (c), and the Inventory Purchase Option is not exercised
     by Licensor then Licensee shall have no rights of disposal under the
     previous paragraph and Licensee shall immediately upon expiration of the
     Option Period ship to Licensor, without cost to Licensor, all existing
     inventory of Brand Merchandise and all items utilized in the manufacture of
     Brand Merchandise and within its control, except for those items which
     contain information proprietary to Licensee (e.g. positive films) and all
     trade dress and containers embodying the property along with a written
     inventory of Brand Merchandise remaining and on hand, which shall be
     certified by an officer of Licensee. Licensor's receipt of such inventory,
     written inventory and other materials shall not constitute a waiver by
     Licensor of its right to recover any amounts due Licensor or a waiver of
     its right to exercise any other remedies which are provided by law or this
     Agreement.

8.   Remedies  Licensee acknowledges that its failure (except as otherwise
     --------
expressly provided herein) to cease the manufacture, sale or distribution of the
Brand Merchandise upon the termination or expiration of this Agreement will
result in immediate and irreparable damage to Licensor.  Licensee acknowledges
and admits that there is no adequate remedy at law for such failure to cease
manufacture, sale or distribution, and Licensee agrees that in the event of such
failure the goods shall be deemed counterfeit and Licensor shall be entitled to
equitable relief including, without limitation, temporary and permanent
injunctions and such other and further relief as any court or agency with
jurisdiction may deem just and proper.  Resort to any remedy referred to
hereinabove shall not be construed as a waiver of any other rights and remedies
to which Licensor is entitled under this Agreement or under applicable law.

9.   Option to Extend.
     ----------------

     9.1  Licensor hereby grants Licensee an option to extend this Agreement for
two additional terms of ten (10) years, upon the same terms provided for herein
except that as to Section 4, the Minimum

                                      10
<PAGE>

Annual Royalty required to be made by Licensee to Licensor pursuant to section
4.1 (b) shall be, for Year 11 or 21 (as the case may be) the Year 5 Annual
Minimum, adjusted to reflect any and all changes in the US Consumer Price Index
(CPI) as of the extension date, from the CPI as of the Effective Date of this
Agreement (or any renewal agreement). Thereafter, the Annual Minimums for any
extension period shall be adjusted on a Year-by-Year basis to reflect any and
all changes from the CPI in effect for the base Year of any such extension
period, with respect to section 4.1(b)(1) and (2).

     9.2  In order to exercise such option to renew, Licensee shall deliver
notice thereof to Licensor as provided in section 16.11 below, not later than
180 days prior to the end of the Initial term.

10.  Indemnification by Licensor  In the event of any claim, demand, legal
     ---------------------------
action or other legal proceeding against Licensee, or any officer, director,
employee or agent of Licensee (collectively "Licensee Parties") which arises
from, or occurs by reason of any actual or alleged breach of the foregoing
warranties by Licensor, or any breach of this Agreement by Licensor, Licensor
shall fully  indemnify and hold each Licensee Party harmless from any and all
losses, damages, awards, judgments, settlements, decrees and expenses,
including, without limitation, attorneys fees and costs, arising from or
connected with such claim, demand or legal action/proceeding, provided that in
order to be entitled to such indemnification, Licensee shall provide Licensor
with timely notice of the basis therefor, and thereafter cooperate with Licensor
in the defense of any such claim, demand or legal action/proceeding.

11.  Indemnification by Licensee.  In the event of any claim, demand, legal
     ---------------------------
action or other legal proceeding against Licensor, or any officer, director,
employee or agent of Licensor (collectively "Licensor Parties") which arises
from, or occurs by reason of any actual or alleged material breach of this
Agreement by Licensee, Licensee shall fully indemnify and hold each Licensor
Party harmless from any and all losses, damages, awards, judgments, settlements,
decrees and expenses, including, without limitation, attorneys fees and costs),
arising from or connected with such claim, demand or legal action/proceeding
provided that in order to be entitled to such indemnification, Licensor shall
provide Licensee with timely notice of the basis therefor, and thereafter
cooperate with Licensee in the defense of any such claim, demand or legal
action/proceeding.

12.  Assignment Neither party may assign, transfer or delegate all or any of the
     ----------
rights and obligations created by this Agreement without the express written
consent of the other party.

13.  Effective Date The effective date of this Agreement is 12:01 a.m. Los
     --------------
Angeles Time on the day on which both parties hereto have executed the same.

14.  Other Covenants of the Parties.
     ------------------------------

     14.1  In order to protect its interests concerning the Symbols, Licensor
shall have the right to reasonably approve the name of any entity formed by
Licensee to conduct its business under this Agreement.  Licensee shall provide
Licensor with sufficient prior notice of its proposed name, and Licensor shall
have a period of fifteen (15) business days to approve.  If Licensor fails to
respond within such period, its approval shall be deemed to have been given.

     14.2  In the event of breach of this Agreement by Licensee, Licensor shall
be entitled to exercise any and all remedies at law or in equity available to it
pursuant to the laws of the State of California.  In particular, Licensee
acknowledges that any breach of this Agreement concerning the permitted use of
the Symbols, or of sections 3.11 or 3.12 would be likely to cause irreparable
harm to Licensor, as a consequence of which Licensor shall be entitled to
injunctive relief in the event of breach of any such provision.

                                      11
<PAGE>

     14.3  Licensee shall be responsible to pay its own taxes and file
appropriate tax returns where required as a result of all activities pursued
under this Agreement and shall indemnify Licensor for any such Licensee taxes
(including interest or penalties) which may be imposed on Licensor as a result
of Licensee's noncompliance with this provision of the Agreement.

15.  Protection of Symbols
     ---------------------

     15.1  Licensee recognizes the great value of the goodwill associated with
the Symbols, and acknowledges that the Symbols and all rights therein and
goodwill pertaining thereto belong exclusively to Licensor, and that the Symbols
have a secondary meaning in the minds of the public.  Accordingly, Licensee
agrees that it will not, during the term of the Agreement or thereafter, attack
the title or any rights of Licensor in and to the Symbols or attack the validity
of this Agreement.

     15.2  In furtherance of the protection of the Symbols, to prevent dilution
of the value of the Symbols, to eliminate the likelihood of confusion and to
prevent deception to the public, Licensee agrees that it will not sell Brand
Merchandise in territories, channels of trade, or fields of use not expressly
authorized by this Agreement.

     15.3   Licensee agrees to assist Licensor, at Licensor's expense (except as
otherwise provided herein), to the extent necessary in the procurement of any
protection of Licensor's rights to the Symbols, in the protection and defense of
the Symbols, the filing and prosecution of any trademark or copyright
application or other applications, the recording of this Agreement or any other
agreement, and the publication of any notices or the doing of any other act with
respect to the Symbols, including the prevention of the use thereof by any
unauthorized person, firm or corporation, that in the judgment of Licensor may
be necessary or desirable under any law, regulation or decree of the Licensed
Territory.  If Licensor so desires, at its expense, it may commence or prosecute
any claims or suits in its own name or in the name of Licensee, or join Licensee
as a party thereto.  Licensee shall notify Licensor in writing of any
infringements, possible infringements or any imitations by others of the Symbols
or the Brand Merchandise which may come to Licensee's attention. Licensor shall
have the sole right to determine whether or not any further action shall be
taken on account of any such infringements or imitations.  Licensee shall not
institute any suit or take any action on account of any such infringements or
imitations without first obtaining the written consent of Licensor.  Licensee
shall not have any rights against Licensor by reason of Licensor's failure to
prosecute any such alleged infringements or imitations.

     15.4  Licensee agrees to obtain all necessary governmental approvals with
respect to Licensee's sale and advertising of Brand Merchandise and Licensee's
rights to manufacture, promote, sell and distribute the Brand Merchandise
throughout the Licensed Territory.  Licensee shall promptly furnish copies of
all such approvals to Licensor, if requested.

16.  General Provisions.
     ------------------

     16.1 Governing Law.  This Agreement shall be governed by and construed in
          -------------
accordance with the laws of the State of California.  Any action brought by
either party arising out of this Agreement shall be brought in a court of
competent jurisdiction in the County of Los Angeles, California, and Licensee
hereby consents to the jurisdiction of such court for purposes of adjudicating
any and all disputes arising hereunder.

     16.2 Further Assurances.  Each party to this Agreement shall execute all
          ------------------
instruments and documents and take all actions as may be reasonably required to
effectuate this Agreement.

                                      12
<PAGE>

     16.3  Counterparts. This Agreement may be executed in counterparts, each of
           ------------
 which shall be deemed an original and all of which together shall constitute
 one document.

     16.4  Time of Essence.  Time and strict and punctual performance are of the
           ---------------
essence with respect to each provision of this Agreement.

     16.5  Attorney's Fees.  In the event any dispute arises between the parties
           ---------------
hereto to enforce or interpret the provisions of this Agreement, the prevailing
party in such action shall be entitled to recover from the other party all
reasonable costs, expenses, attorney's fees and costs actually incurred relating
to or arising from such action.

     16.6  Modification.  This Agreement may be modified only by a contract in
           ------------
writing executed by the party(ies) to this Agreement against whom enforcement of
such modifications is sought.

     16.7  Headings.  The headings of the sections of this Agreement have been
           --------
included only for convenience, and shall not be deemed in any manner to modify
or limit any of the provisions of this Agreement, or be used in any manner in
the interpretation of this Agreement.

     16.8  Prior Understanding.  This Agreement contains the entire agreement
           -------------------
between the parties to this Agreement with respect to the subject matter of this
Agreement, is intended as a final expression of such parties' agreement, is
intended as a complete and exclusive statement of the terms of such agreement,
and supersedes all negotiations, stipulations, understandings, agreements,
representations and warranties, if any, with respect to such subject matter,
which precede the execution of this Agreement.

     16.9  Interpretation.  Whenever the context so requires in this Agreement,
           --------------
all words used in the plural (and vice versa), each gender shall be construed to
include any other genders, and the word "person" shall be construed to include a
natural person, a joint venture, a trust, an estate or any other entity.  This
Agreement shall be deemed to have been created jointly by all of the parties and
shall be interpreted the same way as to all parties, without regard to which of
them may have actually drafted the instrument.

     16.10 Partial Invalidity.  Each provision of this Agreement shall be valid
           ------------------
and enforceable to the fullest extent permitted by law.  If any provision of
this Agreement or the application of such provision to any person or
circumstance shall, to any extent, be invalid or unenforceable, the remainder of
this Agreement, or the application of such provision to persons or circumstances
other than those as to which it is held invalid or unenforceable, shall not be
affected by such invalidity or unenforceability, unless such provision of such
application of such provision is essential to this Agreement.

     16.11 Notices.  Notices under this agreement shall be deemed effective
           -------
upon receipt, if delivered by messenger, facsimile or overnight courier, and if
by regular US mail, on the 3rd day following deposit in the US mail, postage
prepaid.  All notices shall be sent as follows:

     If to Easyriders or Paisano:      With a copy to:
     ---------------------------       --------------

     Attention: J. Robert Fabregas     Mark Dodge, Esq., General Counsel
     28210 Dorothy Drive               28210 Dorothy Drive
     Agoura Hills, CA 91301            Agoura Hills, CA 91301
     Facsimile: (818) 889-4726         Facsimile: (818) 735-6531

                                      13
<PAGE>

     If to Licensee:                         With a copy to:
     ---------------                         --------------

     Southern Steel Streetwear, Inc.    Michael Holihan, Esq.
     Attention: Melissa Penland         Holihan Diaz
     306 Division Avenue, Bldg. 12      1101 North Lake Destiny Road, Suite 350
     Ormond Beach, FL 32174             Maitland, FL 32751
     Facsimile: (904) 673-8266          Facsimile: (407) 667-0020

     16.12 Successors-in-Interest and Assigns.  Subject to any restriction on
           ----------------------------------
transferability contained in this Agreement, this Agreement shall be binding
upon and shall inure to the benefit of the successors-in-interest and permitted
assigns of each party to this Agreement.  Nothing in this Paragraph shall create
any rights enforceable by any person not a party to this Agreement, except for
the rights of the successors-in-interest and assigns of each party to this
Agreement, unless such rights are expressly granted in this Agreement to other
specifically identified persons.

     16.13 Waiver.  Any waiver of a default under this Agreement must be in
           ------
writing and shall not be a waiver of any other default concerning the same or
any other provision of this Agreement.  No delay or omission in the exercise of
any right or remedy shall impair such right or remedy or be construed as a
waiver.  A consent to or approval of any act shall not be deemed to waive or
render unnecessary consent to or approval of any other or subsequent act.

17.  Confidentiality.
     ---------------

     17.1 Licensee will have access to or learn certain information belonging to
Licensor that is proprietary and confidential.  The term "Confidential
Information", as used throughout this Agreement, means any secret or proprietary
information relating directly to Licensor's business and that of Licensor's
affiliates, including, but not limited to, products, customer lists, pricing
policies, employment records and policies, operational methods, marketing plans
and strategies, product development techniques or plans, business acquisition
plans, new personnel acquisition plans, methods of manufacture, technical
processes, designs and design projects, inventions and research programs, trade
know-how, trade secrets, specific software, algorithms, computer processing
systems, object and source codes, user manuals, systems documentation, and other
business and financial affairs of Licensor and its affiliated companies and
subsidiaries.

                 Balance of this page left blank intentionally.

                                      14
<PAGE>

     17.2 Licensee will keep strictly confidential all Confidential Information
and will not, without Licensor's express written authorization, signed by one of
Licensor's authorized officers, use or sell, market or disclose any Confidential
Information to any third person, firm, corporation or association for any
purpose.  Licensee further agrees that Licensee will not make any copies of the
Confidential Information except upon Licensor's written authorization, signed by
one of Licensor's authorized officers, and will not remove any copy or sample of
Confidential Information from the premises of Company without such
authorization.

     IN WITNESS WHEREOF the parties hereto have executed this Agreement as of
the Effective Date.

Easyriders, Inc.                             Paisano Publications, Inc.

By: /s/ Mark S. Dodge                        By: /s/ Joseph Teresi
    ---------------------------                  --------------------------
Name: Mark S. Dodge                          Name: Joseph Teresi
      -------------------------                    ------------------------
Title: Executive Vice President              Title: Chief Executive Officer
       ------------------------                     -----------------------
Date:  3/28/01                               Date:  3/28/01
       ------------------------                     -----------------------

Easyriders Licensing, Inc.                   Southern Steel Streetwear, Inc.

By: /s/ Mark S. Dodge                        By: /s/ Melissa Penland
    ---------------------------                  --------------------------
Name: Mark S. Dodge                          Name: Melissa Penland
      -------------------------                    ------------------------
Title: Secretary                             Title: Vice President
       ------------------------                     -----------------------
Date:       3/28/01                          Date:  3/28/01
       ------------------------                     -----------------------

                                      15

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