Document:

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                                                                    EXHIBIT 10.5

***Confidential treatment has been requested as to certain portions of this
agreement. Such omitted confidential information has been designated by an
asterisk and has been filed separately with the Securities and Exchange
Commission pursuant to rule 406 under the Securities Act of 1933, as amended,
and the Commission's rules and regulations promulgated under the Freedom of
Information Act, pursuant to a request for confidential treatment.***

                      SECOND AMENDED AND RESTATED AGREEMENT

      This Second Amended and Restated Agreement (this "Agreement") is being
entered into effective as of the 1st day of August 2005, by and between Ritz
Camera Centers, Inc., a Delaware corporation ("RCC") and Ritz Interactive, Inc.
(formerly known as phobo.com, Inc.), a Delaware corporation ("RII").

                                    RECITALS

            A. RCC and RII are parties to that certain Amended and Restated
Agreement, with an effective date of November 1, 2003 (the "Prior Agreement").
RCC and RII desire to amend and restate the Prior Agreement in its entirety as
set forth herein.

            B. RCC owns the name(s), trademark(s), service marks and/or
tradename(s) listed in Exhibit A (collectively referred to as the "Marks").

            C. RCC sells (by way of sales from (i) its RCC Retail Outlets (as
such term is defined below), (ii) other RCC facilities (including but not
limited to any warehouse owned or leased to RCC), (iii) print or mail order
catalogues, and (iv) by any other means through which RCC sells goods and/or
products) (1) photographic equipment, supplies and products and (2) boating,
fishing and marine equipment, supplies and products (collectively, the products
referenced in this Recital C are referred to herein as the "RCC Products") and
also provides photofinishing, digital imaging, portraits and related services.

            D. RII operates a network of websites through which it offers for
sale a variety of lifestyle products, including, but not limited to, certain of
the RCC Products.

            E. In connection with its business, RII uses certain of the Marks
and wishes to continue to do so.

            F. RCC desires to sell RCC Products to RII and RII desires to
purchase RCC Products from RCC.

            G. RCC desires to license to RII the right to the use of the RCC
Marks for the purposes set forth herein, all under the terms and conditions set
forth in this Agreement.

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      NOW, THEREFORE, THE PARTIES HEREBY AGREE AS FOLLOWS:

                                 1. DEFINITIONS

      The terms defined in the Recitals above shall have the meanings set forth
above. The following terms shall have the meanings set forth below:

      1.1 "Ancillary Agreement" means that certain agreement, dated as of the
date hereof, between RCC and RII, pursuant to which RCC and RII have agreed to
provide certain services to each other.

      1.2 "Auction Internet Site" means (a) the auction Internet Site maintained
and/or operated by eBay or (b) any other Internet auction site.

      1.3 "Big Print Gallery Business" means the uploading or receipt of digital
files from customers for online viewing and comment by the public on the RII
Network. As of the Effective Date, the Big Print Gallery Business was conducted
by RII on its Internet Site located at www.bigprintgallery.com.

      1.4 "Big Print Net Business" means the uploading or receipt of digital
files from customers for storage, sharing, imaging, portraiting, printing or
delivery of photographic prints, including the imprinting of photographic images
on hard goods (such as coffee mugs), via mail or at any RCC Retail Outlet;
provided that the term "Big Print Net Business" shall also include reasonable
extensions by RCC of the Big Print Net Business from that conducted by RCC on
the Effective Date, but excluding the sale of RCC Products over the Internet. As
of the Effective Date, the Big Print Net Business was conducted by RCC on its
Internet Sites located at www.ritzpix.com and www.procx.com.

      1.5 "Content" means text, graphics, photographs, video, audio and/or other
data or information containing the RCC Marks and/or Related Content.

      1.6 "Customer List" means all information (including, without limitation,
names, addresses, e-mail addresses, transactional histories and demographic
information) held by a Person regarding its customers, users, and potential
customers and users as such information may exist from time to time during the
term of this Agreement.

      1.7 "Effective Date" means August 1, 2005.

      1.8 "Force Majeure" means any event or condition not within the reasonable
control of a party, which prevents in whole or in material part the performance
by such party of its obligations hereunder or which renders the performance of
such obligations so difficult or costly as to make such performance commercially
unreasonable. Without limiting the foregoing, each of the following events or
conditions shall constitute a Force Majeure: riots, war, prolonged shortage of
energy supplies, epidemics, fire, flood, hurricane, typhoon, earthquake,
lightning and explosion.

      1.9 "Intellectual Property Rights" means all inventions, discoveries,
trademarks, service marks, patents, trade names, copyrights, know-how,
intellectual property, shop rights,

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licenses, developments, research data, designs, technology, trade secrets, test
procedures, processes, route lists, internet domain names, literature, reports
and other confidential information, intellectual and similar intangible property
rights and Customer Lists, whether or not patentable or copyrightable (or
otherwise subject to legally enforceable restrictions or protections against
unauthorized third party usage), maintained in any format.

      1.10 "Internet" means (i) the global network of interconnected computer
networks, each using the transmission control protocol/internet protocol and/or
such other standard network interconnection protocols as may be adopted from
time to time, which are used to transmit text, graphics, photographs, video,
audio and/or other data or information that is directly or indirectly delivered
to a computer or other digital electronic device for display to an end-user,
whether such text, graphics, photographs, video, audio and/or other data or
information is delivered through on-line browsers, off-line browsers, or through
electronic mail, broadband distribution, satellite, wireless or otherwise, and
any subset of such global network, such as intranets; or (ii) any similar or
successor network or system commonly referred to as the "Internet".

      1.11 "Internet Business" means a business or a component business that is
engaged in (i) the sale of goods or services on the Internet or similar
electronic media, which sales are originated or consummated online, (ii) the
offering of interactive services on the Internet supported by paid advertising
or sponsorships, or (iii) any other method of exploiting the Internet to
generate revenue.

      1.12 "Internet Site" means any site or service delivering text, graphics,
photographs, video, audio and/or other data or information (including, but not
limited to, Content) on or through the Internet.

      1.13 "License" means the license(s) granted to RII pursuant to ARTICLE 3.

      1.14 "Marks" has the meaning set forth in Recital B of this Agreement.

      1.15 "Offline Business" means a business or component of a business, other
than an Internet Business, that is primarily engaged in the sale of goods and/or
services through physical store locations, print catalogues and/or mail order
catalogues.

      1.16 "Perpetual License Agreement" means that certain agreement, dated as
of the date hereof, between RCC and RII, pursuant to which RCC has licensed to
RII certain rights with respect to the "Ritz Interactive" name and mark.

      1.17 "Person" means any natural person, legal entity, or other organized
group of persons or entities. (All pronouns, whether personal or impersonal,
which refer to Person include natural persons and other Persons.)

      1.18 "RCC Auction Products" means those products identified and
designated, in writing, from time to time, by RCC as "Auction Products," which
designation shall include, if elected by RCC, a recommended reserve price.

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      1.19 "RCC Handling Charge" means the fee to be paid to RCC by RII in
consideration for the Handling Services to be performed by RCC pursuant to
SECTION 8.4, the amount of which will be determined in accordance with the terms
of Exhibit E.

      1.20 "RCC Marks" shall mean the Marks and all other names, trademarks,
service marks and/or tradenames that RCC owns and elects to license to RII
during the Term by amending Exhibit A to add such additional names, trademarks,
service marks and/or tradenames.

      1.21 "RCC Products" has the meaning set forth in Recital C of this
Agreement.

      1.22 "RCC Related Sites" means the Internet Sites located at the URLs
listed on Exhibit B.

      1.23 "RCC Retail Outlets" means all physical store locations owned by or
controlled by RCC (including, but not limited to Ritz Camera Centers and
Boater's World stores) and at which site RCC Products are sold to the public.

      1.24 "RCC-RII Auction Price" means the price at which RII will purchase
RCC Auction Products from RCC, which price shall be equal to the greater of (i)
***** (***%) of the purchase price paid to RII by RII's customer for the subject
RCC Auction Product, and (ii) the RCC-RII Minimum Purchase Price.

      1.25 "RCC-RII Minimum Purchase Price" means, with respect to the
applicable RCC Auction Product, the minimum price at which RCC will sell the
specified RCC Auction Product to RII, which price shall be supplied by RCC to
RII at the time that RCC makes the applicable RCC Auction Product available for
purchase by RII.

      1.26 "RCC-RII Sale Price" means the price at which RII shall purchase RCC
Products from RCC, as determined in accordance with the terms of Exhibit D.

      1.27 "RCC Royalty" means the fee to be paid to RCC by RII in consideration
for the License, the amount of which will be determined in accordance with the
terms of Exhibit E and will be paid to RCC consistent with the terms of Exhibit
G.

      1.28 "Related Content" means work owned or created or otherwise permitted
for use by RCC and used by RCC in connection with the RCC Marks.

      1.29 "RII Network" means any Internet Sites owned, controlled, operated
and/or maintained by RII, including, but not limited to, the RCC Related Sites,
the RII Sites and/or any Internet Sites created by RII after the Effective Date.

      1.30 "RII Purchases" means the purchase by RII from RCC of any RCC
Products or RCC Auction Products, as applicable.

      1.31 "RII Sites" means the Internet Sites located at the URLs listed on
Exhibit C.

      1.32 "ShopAtShark Internet Site" means the Internet Site located at
www.shopatshark.com.

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      1.33 "Term" has the meaning set forth in SECTION 4.1.

                            2. BIG PRINT NET BUSINESS

      2.1 RCC and RII acknowledge and agree that RCC operates the Big Print Net
Business independent of its relationship with RII, and that RCC maintains
complete control over any benefit, revenue, or goodwill arising out of or
generated by such business. Further, the Big Print Net Business shall remain the
business of RCC, and not RII, and RCC shall be entitled to enter into agreements
and/or arrangements with third parties regarding such business as well. RCC
acknowledges and agrees that RII's operation of the Big Print Gallery business
shall not be deemed to violate this SECTION 2.1 or any other provision of this
Agreement.

      2.2 During the Term, RII shall pay to RCC a monthly fee equal to *****
percent (***%) of the net revenue generated when a customer initially enters the
Internet Site located at www.ritzpix.com, and, in the same session, links to an
Internet Site in the RII Network and makes a purchase (other than a purchase of
an auction or clearance item) of a product or service on such Internet Site.
Within thirty (30) days after each monthly period referenced in this SECTION
2.2, RII will (i) provide RCC a detailed written report containing all
information necessary to calculate the fee payable to RCC pursuant to this
SECTION 2.2, and (ii) pay RCC the fee owed by RII under this SECTION 2.2 for
such monthly period. For purposes of this SECTION 2.2, "net revenue" means
merchandise and service revenue generated as provided in the first sentence of
this SECTION 2.2, net of returns, discounts and uncollected sales tax.

      2.3 During the Term, RCC shall pay to RII a monthly fee equal to *****
percent (***%) of the net revenue generated when a customer initially enters an
Internet Site in the RII Network and, in the same session, links to the Internet
Site located at www.ritzpix.com (or any replacement URL for this Internet Site)
and makes a purchase (other than a purchase of an auction or clearance item) of
a product or service on such internet Site. Within thirty (30) days after each
monthly period referenced in this SECTION 2.3, RCC will (i) provide RII a
detailed written report containing all information necessary to calculate the
fee payable to RII pursuant to this SECTION 2.3, and (ii) pay RII the fee owed
by RCC under this SECTION 2.3 for such monthly period. For purposes of this
SECTION 2.3, "net revenue" means merchandise and service revenue generated as
provided in the first sentence of this SECTION 2.3, net of returns, discounts
and uncollected sales tax.

      2.4 Both RII and RCC will maintain accurate books and records in order to
document the fees to be paid to the other pursuant to this ARTICLE 2. Such books
and records may be audited by each other consistent with the provisions set
forth in ARTICLE 9.

                     3. LICENSE OF RCC MARKS/RELATED CONTENT

      3.1 RCC hereby grants to RII, during the Term and subject to the terms and
conditions contained herein, an exclusive (including as to RCC), worldwide,
nontransferable license to use and reproduce, the RCC Marks and/or any Related
Content (and modify such Related Content) in conjunction with any Internet
Business, including, without limitation (i) the marketing and/or sale of RCC
Products over the Internet and RCC Auction Products over the Internet, (ii) the
marketing and/or sale of any other products or services offered by RII, and

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(iii) any use on community web pages. RII shall also have the right to authorize
its third-party service providers to use and reproduce the RCC Marks and Related
Content as permitted to RII herein for the benefit of RII. In furtherance of the
exclusive license contemplated by this SECTION 3.1, RCC agrees that during the
Term it shall not sell any RCC Products over the Internet in any Internet
Business, except for the sale by RCC through an auction or similar discounting
process of overstocked, discontinued or damaged RCC Products, provided that none
of the RCC Marks or Related Content are used by RCC in connection with such
sales. RCC agrees that it shall not license or authorize another Person to so
use and/or reproduce the RCC Marks and/or Related Content in connection with any
Internet Business. Nothing in this Agreement shall be construed to (a) grant RII
any ownership or other rights in or to the RCC Marks or Related Content, except
in accordance with and to the extent of this license, or (b) prohibit RCC from
marketing any non-Internet Business owned and operated by RCC. This SECTION 3.1
shall not be construed so as to prohibit the use of the RCC Marks and Related
Content by RCC, its divisions, business units, affiliates and subsidiaries in
any Offline Business activity or as expressly permitted by SECTION 2.1. Except
as specifically provided in this Agreement: (x) RCC is the sole and exclusive
owner of the RCC Marks and Related Content and all goodwill associated with or
appurtenant to them, (y) RII has no right or interest in the RCC Marks and
Related Content except as specifically provided in this Agreement, and (z) RTI's
use of the RCC Marks and Related Content shall inure solely to the benefit of
RCC.

      3.2 RCC shall have the right to demand the withdrawal of any Content from
the web pages on the RII Network in which the RCC Marks and Related Content
appear which would subject RCC to a risk of any unfavorable regulatory action,
violate any law, infringe the rights of any third party, impair the goodwill
associated with the RCC Marks or unreasonably subject RCC to liability
(collectively "Prohibited Content Use"). Upon written notice from RCC to
withdraw any Content which constitutes a Prohibited Content Use, RII shall, in
its discretion, either (i) cease using any such RCC Marks or Related Content in
the Prohibited Content Use, (ii) remove the subject Content from the web pages
on the RII Network, in either case as soon as commercially and technically
feasible, but in any event no later than fifteen (15) business days after the
date of RCC's written notice or (iii) modify its use of the Content in a manner
(to RCC's reasonable satisfaction) such that RII's future use of the subject
Content shall not constitute a Prohibited Content Use. RII shall use its
commercially reasonable efforts to, within fifteen (15) business days after the
date of RCC's written request to RII (which request shall specify the website
and Content constituting a Prohibited Content Use), remove the RCC Marks and
Related Content from the webpages of any third party service provider which has
been expressly authorized by RII to use the RCC Marks and Related Content on
such webpages (each such third party service provider is referred to herein as
an "Authorized TPSP"), to the extent the use of such Content constitutes a
Prohibited Content Use. During the Term, RII shall require, as a condition to
any renewal of an existing agreement it has with an Authorized TPSP or as a
condition to any new agreement it enters into with an Authorized TPSP, that its
Authorized TPSPs agree to withdraw any Content from their webpages to the extent
the use of such Content constitutes a Prohibited Content Use as soon as
commercially and technically feasible, but in any event no later than fifteen
(15) business days after the date of RCC's written notice.

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                                     4. TERM

      4.1 This Agreement shall begin on the Effective Date and shall continue
for an indefinite period in full force and effect until it is terminated in
accordance with this ARTICLE 4 (the "Term").

      4.2 RCC shall have the right (but not the obligation) to terminate
immediately this Agreement:

            (a) if RII is in material breach of any of its obligations or
representations hereunder, which are material to this Agreement and which breach
is not cured or remedied within sixty (60) days of receipt by RII of written
notice from RCC of such breach;

            (b) if RII files or is the subject of a voluntary petition in
bankruptcy or any voluntary proceeding relating to insolvency, receivership,
liquidation, or composition for the benefit of creditors, if such petition or
proceeding is not dismissed within sixty (60) days of filing; or becomes the
subject of any involuntary petition in bankruptcy or any involuntary proceeding
relating to insolvency, receivership, liquidation, or composition for the
benefit of creditors, if such petition or proceeding is not dismissed within
sixty (60) days of filing;

            (c) if the business of RII is liquidated or otherwise terminated for
insolvency or any other basis;

            (d) if RII makes a general assignment for the benefit of its
creditors.

      4.3 RII shall have the right (but not the obligation) to terminate
immediately this Agreement:

            (a) if RCC is in material breach of any of its obligations or
representations hereunder, which are material to this Agreement and which breach
is not cured or remedied within sixty (60) days of receipt by RCC of written
notice from RII of such breach;

            (b) if RCC is the subject of a voluntary petition in bankruptcy or
any voluntary proceeding relating to insolvency, receivership, liquidation, or
composition for the benefit of creditors, if such petition or proceeding is not
dismissed within sixty (60) days of filing, or becomes the subject of any
involuntary petition in bankruptcy or any involuntary proceeding relating to
insolvency, receivership, liquidation, or composition for the benefit of
creditors, if such petition or proceeding is not dismissed within sixty (60)
days of filing;

            (c) if the business of RCC is liquidated or otherwise terminated for
insolvency or any other basis;

            (d) if RCC makes a general assignment for the benefit of its
creditors.

      4.4 A party may exercise its right to terminate this Agreement pursuant to
this ARTICLE 4 by sending written notice to the other party. No exercise by a
party of its rights under this ARTICLE 4 will limit its remedies by reason of
the other party's default, such party's rights to exercise any other rights
under this ARTICLE 4, or any other rights of such party.

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      4.5 Notwithstanding anything in this ARTICLE 4 to the contrary, the
parties hereto understand, acknowledge, and agree that the termination of this
Agreement will not result in the rescission of or otherwise affect the prior
transfer by RCC to RII of RCC's right, title and interest in and to any RCC
Products and/or RCC Auction Products previously purchased by RII pursuant to the
terms of this Agreement (or RCC Products and/or RCC Auction Products for which
RCC is deemed to have received and accepted a purchase order from RII pursuant
to the terms of SECTION 8.2), except that, with respect to RCC Products or RCC
Auction Products sold by RCC to RII during the sixty (60) day cure period
described in SECTION 4.2(a), RCC shall have the right to require RII to both (a)
be current with respect to all payments due to RCC pursuant to Exhibit G and (b)
prepay all RCC Handling Charges and the RCC-RII Sale Price for such RCC
Products, before RCC initiates any Handling Services described in SECTION
8.4(a).

                                  5. TRADEMARKS

      5.1 The parties acknowledge that the RCC Marks are trademarks or service
marks owned or controlled by RCC and that all goodwill generated by RIFs use of
the RCC Marks shall inure to RCC's benefit or to the benefit of the RCC Marks'
owner, as the case may be. RCC shall use its commercially reasonable efforts to
register each of the RCC Marks with the U.S. Patent and Trademark Office as
trademarks or service marks, as applicable. Nothing contained herein shall
constitute an assignment of the RCC Marks or grant to RII any right, title or
interest therein, except as specifically set forth herein. RII shall maintain
RCC's quality standards with respect to its use of the RCC Marks, and otherwise
use the RCC Marks subject to any reasonable restrictions or requirements
established by RCC from time to time, hi the event that RII shall obtain any
proprietary right in any RCC Marks, as a result of the exercise by RII of any
right granted to it hereunder, such proprietary right shall immediately vest in
RCC, however, RII shall be authorized to use such new proprietary right as
though same had specifically been included in this Agreement. In the event that
RII requests that RCC pursue registration in the U.S. Patent and Trademark
Office of a trademark and RCC elects not to pursue such registration, then RII
shall have the right to file applications in any of one or more countries for
registration of such trademark and RCC shall not interfere and, to the extent
requested by RII, shall, at RII's expense, cooperate with RII in any such
applications (each such trademark, a "RII Trademark"). Notwithstanding anything
herein to the contrary, RII shall own any trademark rights it acquires with
respect to any RII Trademark and all goodwill generated by RII's use of any RII
Trademark shall inure to RII's benefit.

      5.2 Except as set forth in SECTION 5.1, RII shall not file any application
in any country to register a trademark which is the same as, similar to, or
misleading with respect to the RCC Marks or any other trademark of RCC. If any
application for registration is filed in any country by RII in contravention of
this SECTION 5.2, RCC shall have the right to take appropriate action against
RII, including seeking injunctive relief, to prohibit or otherwise restrain
RII's use of the infringing mark.

      5.3 RII shall, upon the prior written request of RCC, furnish RCC proofs
of all materials bearing any RCC Marks licensed hereunder by RCC or sublicensed
hereunder by RII (including, without limitation, printed or electronic copies of
all RCC Related Sites advertising and publicity materials). Review by RCC shall
not relieve RII of any of its warranties or

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obligations under this Agreement. Samples and materials to be reviewed by RCC
shall be submitted to such person that may be designated in writing by RCC.

      5.4 In the event that RII learns of any infringement or threatened
infringement of the RCC Marks licensed for use under this Agreement, or that any
Person claims or alleges that the trademarks or logos are liable to cause
deception or confusion to the public, RII shall immediately notify RCC of the
substance of any such infringement, claim or allegation thereof, and, in the
case of any infringing use, RCC shall at its discretion take all reasonable
steps so as to cause the cessation of such use. If RCC does not take action in
the case of any infringing use, RII may, but is not obligated to, take action to
cause the cessation of such use. If RII takes such action, RCC agrees to
cooperate with the reasonable requests of RII (including, without limitation,
sending cease and desist letters and becoming a co-party or party in interest in
any litigation) with respect to such action and, in the event of a judgment or
settlement in favor of RCC and/or RII, RII shall be entitled to (i) attorneys'
fees and costs and (ii) damages to the extent damages are attributable to the
detriment to any Internet Business or Internet sales.

      5.5 Upon the termination of this Agreement, RII shall cease all use of the
RCC Marks and Related Content, as soon as commercially and technically
practicable, but in no event later than thirty (30) days and shall remove or
erase the RCC Marks and Related Content from the RII Network, and from any of
RII's advertising and promotional materials, as soon as commercially and
technically practicable, given customary Internet business practices, but in no
event shall any such material remain on the RII Network more than thirty (30)
days after termination, and at RCC's request, RII shall certify in writing to
RCC such removal or erasure. RII shall use its commercially reasonable efforts
to remove or erase RCC Marks and Related Content from any other sites or places
owned or controlled by RII, but not listed in the preceding sentences as soon as
commercially and technically practical. In addition, upon the termination of
this Agreement, RCC shall have the right to request in writing that RII cease to
use any of the domain names listed on Exhibit B. RII shall have thirty (30) days
from its receipt of such request to cease the use of any such domain names and
shall use its commercially reasonable efforts to assist RCC in the transfer of
registration of any such domain names from RII to RCC.

      5.6 RII shall cause the trademark notice "(R)" or "(SM)" and/or the legend
"[RCC Mark] is a trademark of RCC and is used under license" and/or such other
legend as requested by RCC from time to time, to appear on promotional materials
and, to the extent consistent with general Internet practices, on or in
connection with services provided by RII.

      5.7 During or after the Term, except for actions permitted by this
Agreement, RII shall not, directly or indirectly, do or cause to be done
anything which contests or materially impairs RCC's right, title or interest in
the RCC Marks.

      5.8 The License is personal to RII. RII shall not assign, sell, or
otherwise transfer ("Transfer") to any person or entity, in whole or in part,
any of the rights or privileges granted to RII under this Agreement without
RCC's prior written consent, which may be withheld, delayed or conditioned for
any reason in RCC's sole and absolute discretion. Any attempted Transfer without
RCC's prior written consent shall be null, void and of no effect. For purposes
of this SECTION 5.8, a change in the record or beneficial ownership of any of
the outstanding shares of the capital stock of RII shall not be deemed to be a
Transfer, except that, prior to completion of a

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public offering of RII's common stock pursuant to a registration statement under
the Securities Act of 1933, as amended, a Transfer shall be deemed to include a
transaction or series of transactions pursuant to which, more than 50% of the
issued and outstanding shares of RII's voting common stock are owned by parties
other than (i) David Ritz, Fred Lerner, Wade Mayberry and or Linda Ritz Dolphin
and/or any relatives of such parties or trusts for the benefits of such parties
or their relatives and (ii) RCC and/or any employees, successors or assignees of
RCC.

      5.9 RCC has a substantial and legitimate interest in protecting the
exceptional goodwill and value associated with the RCC Marks and in encouraging
RII's full and complete performance under this Agreement. During the Term,
except for actions permitted by this Agreement, RII shall use commercially
reasonable best efforts to not do or cause to be done anything to materially
damage or materially impair the goodwill associated with the RCC Marks and
Related Content.

      5.10 During the Term, RCC shall, at its sole expense, take such actions as
necessary (including the filing of any applicable renewal forms and payment of
applicable maintenance and renewal fees) in order to maintain with the
applicable regulatory authorities the registration in good standing of the RCC
Marks.

                               6. CONFIDENTIALITY

      6.1 Except as and to the extent required by law, RII and RCC shall not
disclose or use and each said party shall direct its representatives not to
disclose or use to the detriment of the other party any Confidential Information
(as defined below) furnished, or to be furnished by either party to the other
party hereto. For purposes of this SECTION 6.1, "Confidential Information" means
any information about the party so delivering said information (or its
customers, suppliers or third-party service providers) not in the public domain
or stamped "Confidential" or identified in writing as such to the other party
promptly following its disclosure, unless (i) such information becomes publicly
available through no fault of the recipient party or its representatives, (ii)
the disclosure of such information is necessary and appropriate in making any
filing or obtaining any consent or approval required by law or (iii) the
furnishing or use of such information is required by or necessary or appropriate
in connection with any legal proceedings. For the avoidance of doubt, each
party's Customer Lists are Confidential Information for purposes of this
Agreement. In addition, the parties agree to treat this Agreement as
Confidential Information, provided that either party may publicly disclose this
Agreement to the extent that it determines, after consultation with its counsel,
that disclosure or release is necessary pursuant to requirements of law or the
requirements of any governmental entity including, without limitation,
disclosure requirements under the Securities Act of 1933, as amended, the
Securities Exchange Act of 1934, as amended, or of any applicable stock exchange
(including Nasdaq). In the event of any such public disclosure, the parties
shall cooperate in good faith to seek confidential treatment of applicable
portions of this Agreement to the extent requested by either party.

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                                  7. OWNERSHIP

      7.1 As between RCC and RII: (a) RCC is and shall be the exclusive owner of
and, subject to the rights granted to RII pursuant to this Agreement, shall
retain all right, title and interest to the RCC Marks and Related Content,
including all Intellectual Property Rights therein (the "RCC Property") and (b)
RII is the exclusive owner of and, subject to the rights granted to RCC pursuant
to this Agreement, shall retain all right, title and interest to the RII Network
and all Intellectual Property Rights therein, excluding the RCC Property and
excluding RCC's rights with respect to the Big Print Net Business. RII
understands, acknowledges and agrees that as between RII and RCC, RII shall be
fully responsible for the maintenance and operation of the RII Network.

      7.2 Each party agrees to take all action and cooperate as is reasonably
necessary, at the other party's request and expense, to protect the other's
respective rights, titles, and interests specified in this Article 7, and
further agrees to execute any documents that might be necessary to perfect each
party's ownership of such rights, titles, and interests.

                      8. PURCHASE AND SALE OF RCC PRODUCTS

      8.1 RCC understands, acknowledges and agrees that (a) as to the RCC
Products, RII shall have the right, but not the obligation to offer for sale
through the RII Network any and all RCC Products and RCC and RII agree that the
purchase price to be paid by RII to RCC for any RCC Products ordered by RII from
RCC shall be the RCC-RII Sale Price and (b) as to RCC Auction Products, RII
shall have the right, but not the obligation to offer for sale through any
Auction Internet Site any and all RCC Auction Products and RCC and RII agree
that the purchase price to be paid by RII to RCC for any RCC Auction Products
ordered by RII from RCC shall be the RCC-RII Auction Price. Notwithstanding the
foregoing, RII agrees that, to the extent RCC complies with its obligations in
the immediately following sentence, during each calendar year of the Term, RII
shall purchase from RCC at least 51% of its aggregate purchases of RCC Products.
With respect to all RCC Products then in stock at RCC, RCC shall make available
to RII for purchase by RII under this Agreement quantities of the RCC Products
consistent with RCC's past practice. With respect to the sale of any RCC Auction
Products, RCC understands, acknowledges and agrees that RII shall have full
authority to establish the minimum bid price, the reserve price and any other
equivalent pricing figures which need to be established and maintained in
connection with RII's participation in the eBay auction program and/or any
similar auction program maintained or operated as an Auction Internet Site. With
respect to the sale of any RCC Products or RCC Auction Products, RCC understands
and agrees that RII shall, at its sole discretion, set the prices to be paid by
RII's customers for those products and RCC shall not have any right to control
or change such prices. Notwithstanding the foregoing, any supplier to RCC may,
consistent with applicable law, unilaterally announce prior to dealing with RCC
that it is a precondition to its continued supply of a specific product to RCC
that RCC does not offer for sale or sell the specific product to consumers at a
price different from that specified in advance by the supplier. In such event,
RII shall also comply with such pricing policy for the specified product so long
as (i) RCC is then complying with such policy and (ii) compliance by RII with
such policy would be consistent with industry practice and not in violation of
applicable law. In the event that RII does not comply with its obligations in
the foregoing sentence as to any specific RCC Product, then such specific RCC
Product shall no

                                       11

<PAGE>

longer be an RCC Product for purposes of this Agreement and RCC shall have no
obligation to supply such specific RCC Product to RII under this Agreement. In
addition, if the vendor to RCC of such RCC Product requests that, as a result of
RII's noncompliance, RCC cease selling to RII any RCC Products that RCC
purchases from such vendor (the "Vendor RCC Products"), then, subject to
compliance with applicable law, RCC may elect to cease supplying all such Vendor
RCC Products to RII, in which case all such Vendor RCC Products shall cease to
be RCC Products for purposes of this Agreement.

      8.2 Concurrent with the purchase of an RCC Product or RCC Auction Product
by a customer of RII, RII shall, to the extent it purchases the applicable
product through RCC, provide to RCC all information necessary so as to enable
RCC to perform its handling obligations as described in SECTION 8.4, including,
but not limited to, the product(s) purchased by the RII customer, the
information specified in Exhibit F and such other information as may be
reasonably requested from time to time by RCC upon reasonable notice to RII.
Notification by RII to RCC of the consummation of the sale of an RCC Product or
RCC Auction Product by RII to RII's customer shall be deemed to be and shall
operate as a purchase order from RII to RCC for the purchase of the same product
at the RCC-RII Sale Price or RCC Auction Price, as applicable, which purchase
order shall automatically and without further notice from RCC, be deemed
accepted and approved by RCC at the point at which the applicable RCC Product is
picked by RCC from its inventory and made available by RCC to RII. The RCC-RII
Sales Price or RCC Auction Price, as applicable, shall be paid to RCC consistent
with the terms described in Exhibit G.

      8.3 RCC shall make available to RII, so that RII may pass on to RII's
customers, all vendor and/or manufacturer warranties available with respect to
any RCC Products on terms no less favorable to RII's customers as available to
customers of RCC purchasing similar RCC Products from RCC's retail outlets,
RCC's print catalogues or RCC's mail order. As to the sale of any RCC Auction
Products, RII's customers shall be entitled to and shall receive such vendor
and/or manufacturer warranties as are then applicable to the subject RCC Auction
Product at such time as it identifies/designates the subject RCC Auction
Product.

      8.4 RCC shall provide, directly or through its subsidiaries the following
services ("Handling Services") on the terms and conditions described below:

            (a) With respect to all orders for RCC Products or RCC Auction
Products received from RII, RCC shall be responsible for (i) picking the order
from its warehouse and delivering the related RCC Products to RII's
Representative (as described in Exhibit F) or RII's designated agent, (ii)
processing of the returns of RCC Products or RCC Auction Products by RII to RCC,
(iii) maintenance of inventory balances, and (iv) other related services all of
which services shall be provided in a manner consistent with the terms of
Exhibit F. RII, and RII alone, shall bear all risks associated with the credit
authorization, settlement, shipping and delivery and any subsequent (i.e.,
subsequent to the initial authorization and/or settlement) reversal of any
credit previously issued to RII (either directly or through a correspondent
merchant bank which has purchased the relevant credit card transactions) in
connection with the prior authorization of any credit card transaction in which
any RCC Products or RCC Auction Products were purchased. RII, and RII alone,
shall also bear all risks associated with the return of RCC

                                       12
<PAGE>

Products from RII's customers however RCC will accept returns from RII subject
to the RCC return policy that RCC maintains for all of its customers.

            (b) The Handling Services to be provided by RCC as described in this
SECTION 8.4 shall be at least equal to the quality of those services as
currently being provided by RCC on its own behalf prior to the Effective Date of
this Agreement. Furthermore, with respect to all RCC Products ordered by RII
pursuant to SECTION 8.2, RCC shall pick, pack and deliver (in a form ready for
shipment by RII to RII's customers) such products to an RII representative at
one of RCC's warehouses within forty eight (48) hours of RCC's receipt of such
order; provided that such limitation shall not apply to products that are out of
stock at RCC's warehouses, ordered by RII on a weekend, on a U.S. national
holiday or during a Force Majeure (during which times RCC shall use its
commercially reasonable efforts to provide such services to RII as promptly as
possible and consistent with its past practices).

            (c) As consideration for the Handling Services, RII shall pay RCC
the RCC Handling Charge, which RCC Handling Charge shall be paid to RCC
consistent with the terms of Exhibit G.

            (d) Except for the services specifically provided for in this
ARTICLE 8, RII shall be responsible for providing all other services arising in
connection with the fulfillment of any orders for RCC Products or RCC Auction
Products ordered by a customer of RII, including, but not limited to, the
shipping of such RCC Products or RCC Auction Products to the RII customer.

      8.5 Consistent with the defective product and/or return policies
established for RCC's customers for sales at its RCC Retail Outlets and through
its print catalogues, in the event any RII customer returns to RII (at a
location designated by RII) any RCC Product which RII had purchased from RCC,
RII shall have the right to return to RCC and RCC shall have the obligation to
replace the subject product, or refund, on RII's account, the consideration
received from RII (or issue appropriate credits) with respect to, any such RCC
Product. The amount of any refund to be paid or credit to be issued for a
returned RCC Product shall be equal to the lower of (a) the RCC-RII Sales Price
or (b) *****% of the then current RCC Average Cost (as defined in Exhibit D) of
the subject RCC Product. Subject to the defective product and/or return policies
established by RCC, in the event any RII customer returns to RII any RCC Auction
Product, RII shall have the right to return to RCC and RCC shall have the
obligation to refund, on RII's account, the consideration received from RII (or
issue appropriate credits) with respect to any such RCC Auction Product, the
amount of which refund or credit shall be equal to the RCC-RII Auction Price.
For the avoidance of doubt, nothing in this Agreement shall obligate RCC to
accept for exchange from any RII customer any RCC Products purchased by RII from
RCC hereunder and sold by RII to such RII customer.

      8.6 In consideration for the License, RII shall pay the RCC Royalty to
RCC, which shall be calculated as provided in Exhibit E and paid as provided in
Exhibit G.

      8.7 RII offers for sale certain golf related products and services on the
ShopAtShark Internet Site. During the Term, to the extent RCC provides
warehousing and distribution services (including, but not limited to those
services described under the heading "Handling Services" on Exhibit F) to RII
with respect to the golf related products and services sold by RII

                                       13

<PAGE>

on the ShopAtShark Internet Site, RII shall pay to RCC the following fees: (i) a
handling fee of $***** per item sold by RII on the ShopAtShark Internet Site and
(ii) a service fee of *****% of the net revenue on all sales by RII on the
ShopAtShark Internet Site; in each case such fees shall only be due to the
extent that RCC has provided the warehousing and distribution services described
in this SECTION 8.7 with respect to such sales. All such fees shall be paid by
RII to RCC consistent with the terms of Exhibit G. For purposes of clause (ii)
of this SECTION 8.7, "net revenue" means merchandise revenue generated from the
sale of products by RII on the ShopAtShark Internet Site net of returns,
discounts and uncollected sales tax.

                                  9. ACCOUNTING

      9.1 Each of RII and RCC will, on a monthly basis, calculate the amount of
the RII Purchases for such period and provide a written summary of said RII
Purchases, broken down by category and product in a manner and in a format as
mutually agreed from time to time by RII and RCC. In the event of any
inconsistency between the two summary statements, the parties shall, in good
faith, diligently work towards resolving said inconsistency as soon as is
commercially feasible. In the event that the amount of the RII Purchases for the
applicable period ultimately agreed to by RII and RCC indicates an amount of RII
Purchases inconsistent with the amount previously paid by RII for the RII
Purchases for the period in question then, within fifteen (15) days thereafter,
as applicable, RII shall pay to RCC any shortfall in such payment or RCC shall
issue a credit to RII for any excess payment. The parties understand,
acknowledge and agree that payment by RII and/or acceptance by RCC of any
amounts arising in connection with the sale of any RCC Products shall not
preclude either party from later challenging the accuracy thereof.

      9.2 Each of RCC and RII shall maintain accurate books and records which
report the recognition of RII Purchases. Either party may, at its own expense,
examine and copy the books and records of the other party (but only those books
and records that are necessary for the limited purposes specified in this
ARTICLE 9), as provided in this Section for the limited purposes of verifying
the accuracy of the amount of the RII Purchases and the RCC-RII Sale Prices or
RCC- RII Auction Prices, as applicable, previously paid to RCC by RII. Either
party ("Examining Party") may make an examination of a particular statement
provided by the other party ("Examined Party") or for a period of RII Purchases
within one (1) year after the date of the applicable RII Purchases. The
Examining Party may make such examinations only during the other Examined
Party's regular business hours, and at the place where the Examined Party
regularly keeps its books and records. The Examining Party shall be required to
notify the Examined Party at least ten (10) days before the date of any planned
examination and if such examination has not been completed within two months
from commencement, the Examined Party may require the Examining Party to
terminate such investigation on seven (7) days notice, provided that the
Examined Party has previously cooperated with the Examining Party in the
examination of such books and records.

      9.3 RII understands, acknowledges, and agrees that, as between RCC and
RII, RII will be responsible for all sales and use taxes payable in connection
with the purchase by RII customers of any product which, pursuant to the terms
of this Agreement, is purchased by RII from RCC ("RII Customer Sales/Use Tax
Event").

                                       14
<PAGE>

               10. REPRESENTATIONS, WARRANTIES AND INDEMNIFICATION

      10.1 RCC represents and warrants that:

            (a) it has full power and authority to enter into this Agreement;

            (b) it has the right, under its agreements with its suppliers and
manufacturers, to sell the RCC Products to RII for further resale by RII to end
users;

            (c) it either owns or has a valid license to use the RCC Marks and
Related Content and has sufficient right and authority to grant to RII all
licenses and rights granted by RCC hereunder;

            (d) the RCC Marks and Related Content and the use thereof as
permitted pursuant to this Agreement will not violate any law or infringe upon
or violate any rights of any Person;

            (e) the execution, delivery and performance by RCC of this Agreement
will not conflict with, or result in a breach or termination of or constitute a
default under, any lease, agreement, commitment or other instrument to which RCC
is a party;

            (f) it has not represented to any Person that RCC is an agent or
representative of RII for any purpose and will not do so during the Term;

            (g) it has not represented to any Person that RCC and RII are not
separate entities and will not do so during the Term;

            (h) it has not represented to any Person that RCC is a subsidiary or
parent of RII and will not do so during the Term;

            (i) it has not represented to any Person that RCC and RII do not
operate separate businesses and will not do so during the Term; and

            (j) this Agreement constitutes the valid and binding obligations of
RCC enforceable against it in accordance with its terms.

      10.2 RII represents and warrants that:

            (a) it has the full power and authority to enter into and fully
perform this Agreement;

            (b) this Agreement constitutes the valid and binding obligations of
RII enforceable against it in accordance with its terms;

            (c) the execution, delivery and performance by RII of this Agreement
will not conflict with, or result in a breach or termination of or constitute a
default under, any lease, agreement, commitment or other instrument to which RII
is a party;

                                       15
<PAGE>

            (d) it has not represented to any Person that RCC is an agent or
representative of RII for any purpose and will not do so during the Term;

            (e) it has not represented to any Person that RCC and RII are not
separate entities and will not do so during the Term;

            (f) it has not represented to any Person that RCC is a subsidiary or
parent of RII and will not do so during the Term;

            (g) it has not represented to any Person that RCC and RII do not
operate separate businesses and will not do so during the Term; and

            (h) the RII Network will be maintained and operated in material
compliance with all applicable federal, state, local and foreign laws.

      10.3 RII shall defend, indemnify, and hold RCC harmless from, against, and
in respect of any and all claims, costs, expenses (including reasonable fees of
counsel), liabilities, obligations, losses, damages, actions, suits or
proceedings, of any nature (i) arising in connection with the breach of this
Agreement by RII; (ii) arising from or in connection with the assertion against
RCC of any claim, whether at law or in equity, in contract or in tort, or
arising under or by virtue of any statute, regulation or common law theory of
liability, including any claim for payment or performance of any obligation,
debt, or liability, whether fixed or contingent, in connection with RII's use of
the RCC Marks and/or Related Content, (iii) resulting from the negligence or
willful misconduct of RII, its officers, directors, employees, agents or
contractors, (iv) resulting from, or arising out of any RII Customer Sales/Use
Tax Event (as such term is defined in SECTION 9.3), or (v) arising from or in
connection with the assertion against RCC of any claim, whether at law or in
equity, in contract or in tort, associated with the sale of RCC Products or RCC
Auction Products by RII, but excluding any such claim that arises from any
conduct or omission of RCC. Notwithstanding the foregoing, RII shall not have
any obligation to RCC under this SECTION 10.3 with respect to any claims arising
in connection with a breach by RCC of its representations in SECTION 10.1(d), or
if such claim is a result of RCC providing an infringing or defective product.

      10.4 RCC shall defend, indemnify, and hold RII harmless from, against, and
in respect of any and all claims, costs, expenses (including reasonable fees of
counsel), liabilities, obligations, losses, damages, actions, suits or
proceedings, of any nature (i) arising in connection with the breach of this
Agreement by RCC (including, but not limited to any claims arising in connection
with a breach by RCC of its representations in SECTION 10.1(d)); (ii) arising
from or in connection with the assertion against RII of any claim, whether at
law or in equity, in contract or in tort, or arising under or by virtue of any
statute, regulation or common law theory of liability, including any claim for
payment or performance of any obligation, debt, or liability, whether fixed or
contingent, in connection with RCC's use of the RCC Marks and/or Related
Content; or (iii) resulting from the negligence or willful misconduct of RCC,
its officers, directors, employees, agents or contractors.

      10.5 With respect to any claim made by party pursuant to SECTION 10.3 or
SECTION 10.4 (each such claim is referred to herein as a "Claim"), the party
obligated to provide

                                       16
<PAGE>

indemnification hereunder (the "Indemnifying Party") shall, at its expense, have
the right to participate in, and, at its option, to assume the defense of each
such Claim. Promptly upon becoming aware of such Claim, the party entitled to
indemnification hereunder (the "Indemnified Party"), shall give the Indemnifying
Party written notice thereof; provided, however, that the failure of the
Indemnified Party to notify the Indemnifying Party of a Claim shall not relieve
the Indemnifying Party of any liability it may have to the Indemnified Party,
except to the extent that the Indemnifying Party is actually prejudiced by such
failure. If the Indemnifying Party elects to assume the defense of a Claim,
following its written notice of such election to the Indemnified Party, the
Indemnifying Party shall not be liable to the Indemnified Party in connection
with any costs incurred by the Indemnified Party after the date of such notice
for the defense of such Claim. Any settlement of any Claim by the Indemnifying
Party shall not require the consent of the Indemnified Party so long as the
settlement includes a full release of the Indemnified Party with respect to the
Claim. Once the Indemnifying Party has assumed the defense of a Claim, so long
as the Indemnifying Party is reasonably pursuing the defense of the Claim, the
Indemnified Party shall not settle any such Claim without the consent of the
Indemnifying Party, which consent shall not be unreasonably withheld or delayed.
Notwithstanding the right of the Indemnifying Party to assume the defense of any
Claim, the Indemnified Party shall have the right, at its expense, to employ
separate counsel and to participate in the defense of such Claim.

      10.6 The indemnification obligations and procedures set forth in SECTIONS
10.3 - 10.5 shall survive the termination of this Agreement.

                                   11. GENERAL

      11.1 RCC and RII may assign this Agreement, or any of their respective
rights and obligations hereunder, in whole or in part, provided that the
transferring party shall have first received the other party's written consent.
Except (i) as provided in the foregoing sentence, and (ii) for the assignment by
RCC of all of its rights and obligations under this Agreement to an unrelated
Person in connection with the acquisition by that third party of substantially
all of the assets or voting securities of RCC where such unrelated Person agrees
in writing that it succeeds to all of the rights and is subject to all of the
obligations of RCC under this Agreement, neither party may assign this Agreement
or any of their respective rights and obligations hereunder to any Person and
any attempt to assign this Agreement without such consent shall be void and of
no effect. In the event that RII or RCC seeks the consent of the other to a
proposed assignment, the non-assigning party shall, within fifteen (15) days of
its receipt of such request, respond in writing that it consents or does not
consent to the proposed assignment.

      11.2 Any dispute or difference between the parties hereto arising out of
or relating to this Agreement shall be settled by arbitration in accordance with
the Commercial Rules of the American Arbitration Association by a panel of three
qualified arbitrators. RII and RCC shall each choose an arbitrator and the third
shall be chosen by the two arbitrators so chosen. If either RII or RCC fails to
choose an arbitrator within 30 days after notice of commencement of arbitration
or if the two arbitrators fail to choose a third arbitrator within 30 days after
their appointment, the American Arbitration Association shall, upon the request
of any party to the dispute or difference, appoint the arbitrator or arbitrators
to constitute or complete the panel as the case may be. Arbitration proceedings
hereunder may be initiated by either RII or RCC making a written request to the
American Arbitration Association, together with any appropriate

                                       17
<PAGE>

filing fee, at the office of the American Arbitration Association in Prince
George's County, Maryland. All arbitration proceedings shall be held in Prince
George's County, Maryland. Any order or determination of the arbitral tribunal
shall be final and binding upon the parties to the arbitration and may be
entered in any court having jurisdiction.

      11.3 In the event RII requires services that exceed the scope or extent of
the services provided for herein, and if RCC agrees to provide such services,
RCC and RII shall negotiate in good faith as to the terms and conditions,
including price, under which RCC shall provide such services.

      11.4 RCC is an independent contractor and when its employees act under the
terms of this Agreement, they are acting under, and shall be deemed at all times
to be under, the supervision and responsibility of RCC; and no person employed
by RCC and acting under the terms of this Agreement shall be deemed to be acting
as agent or employee of RII or any customer of RII for any purpose whatsoever.
RII is an independent contractor and when its employees act under the terms of
this Agreement, they are acting under, and shall be deemed at all times to be
under, the supervision and responsibility of RII; and no person employed by RII
and acting under the terms of this Agreement shall be deemed to be acting as
agent or employee of RCC or any customer of RCC for any purpose whatsoever.

      11.5 Each party shall comply with all laws and regulations applicable to
its activities under this Agreement.

      11.6 If any provision of this Agreement (or any portion thereof) or the
application of any such provision (or any portion thereof) to any Person or
circumstance shall be held invalid, illegal or unenforceable in any respect by
any arbitral tribunal of competent jurisdiction, such invalidity, illegality or
unenforceability shall not affect any other provision hereof (or the remaining
portion thereof) or the application of such provision to any other Persons or
circumstances.

      11.7 All notices or other communications required or permitted to be given
hereunder shall be in writing and shall be delivered by hand, telecopier, or
sent, postage prepaid, by registered, certified or express mail or overnight
courier service and shall be addressed or delivered as noted below and shall be
deemed given (i) when so delivered by hand (with written confirmation of
receipt), (ii) when transmitted, if sent by telecopier (with written
confirmation of receipt) provided that a copy is mailed by registered or
certified mail, return receipt requested, (iii) when received by the addressee,
if sent by a nationally recognized overnight delivery service (receipt
requested), or (iv) three days after mailing (one business day in the case of
express mail), if sent by registered mail (receipt requested):

            (a)   if to RII,

                  Ritz Interactive, Inc.
                  2010 Main Street, Suite 400
                  Irvine, CA 92614
                  Attn: President
                  Facsimile No. (949) 442-0210

                                       18
<PAGE>

                  With a copy to

                  Charles, Kane & Dye LLP
                  1920 Main Street, Suite 1070
                  Irvine, CA 92614
                  Attn: Bruce H. Charles
                  Facsimile No. (949) 852-9878

            (b)   if to RCC,

                  Ritz Camera Centers, Inc.
                  6711 Ritz Way
                  Beltsville, Maryland 20705
                  Attn: Wade Mayberry
                  Facsimile No. (301) 419-2995

                  With a copy to

                  Carole M. Mendez, Esq.
                  6711 Ritz Way
                  Beltsville, Maryland 20705
                  Facsimile No. (301) 419-2995

      11.8 No failure of any party to exercise or enforce any of its rights
under this Agreement shall act as a waiver of such right.

      11.9 This Agreement, along with the Exhibits hereto and the Ancillary
Agreement and Perpetual License Agreement, contains the entire agreement and
understanding between the parties hereto with respect to the subject matter
hereof and thereof and supersedes all prior agreements and understandings
relating to such subject matter, including but not limited to the Prior
Agreement (which is amended and restated in its entirety by this Agreement). No
party shall be liable or bound to any other party in any manner by any
representations, warranties or covenants relating to such subject matter except
as specifically set forth herein or therein.

      11.10 This Agreement may be executed in one or more counterparts, all of
which shall be considered one and the same agreement and shall become effective
when one or more such counterparts have been signed by each of the parties and
delivered to each of the other parties.

      11.11 This Agreement shall be governed by and construed in accordance with
the internal laws of the State of Maryland applicable to agreements made and to
be performed entirely within such State, without regard to the conflicts of law
principles of such State.

      11.12 This Agreement is for the sole benefit of the parties hereto and
nothing herein expressed or implied shall give or be construed to give to any
person, other than the parties hereto any legal or equitable rights hereunder.

      11.13 The headings contained in this Agreement or in any Exhibit hereto
are for reference purposes only and shall not affect in any way the meaning or
interpretation of this

                                       19
<PAGE>

Agreement. All Exhibits attached hereto or referred to herein are hereby
incorporated in and made a part of this Agreement as if set forth in full
herein. Any capitalized terms used in any Exhibit but not otherwise defined
therein, shall have the meaning as defined in this Agreement. When a reference
is made in this Agreement to a Section or an Exhibit, such reference shall be to
a Section of, or an Exhibit to, this Agreement unless otherwise indicated.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                       20
<PAGE>

      IN WITNESS WHEREOF, the parties have caused this Agreement to be executed
by their duly authorized representatives as of the date first above written.

RITZ CAMERA CENTERS, INC.,
a Delaware corporation

By:    /s/ Wade R. Mayberry
       ---------------------------

Name:  Wade R. Mayberry

Title: President

RITZ INTERACTIVE, INC.,
a Delaware corporation

By:    /s/ Fred H. Lerner
       ---------------------------
       Fred H. Lerner, President

                                       S-1
<PAGE>

                                    EXHIBIT A

                  List and description of Marks (See Recital B)

Boater's World(R)                                   Powerboat Design(R)

Boater's World Discount Marine Centers(R)           Ritz (SM)

Boater's World Discount Marine Centers (Design)(R)  Ritzcamera.com(R)

Boater's World Marine Centers(R)                    Ritz Camera(R)

Boater's World Marine Centers (and Design) (SM)     Ritzcameraauctions.com (SM)

Boatersworld.com(R)                                 Ritz Camera Centers (SM)

Boatersworldauctions.com (SM)                       RitzElectronics.com (SM)

The Camera Shop, Inc. (and Design) (SM)             Ritzlnteractive.com (SM)

Camera World(R)                                     Ritz Interactive

Inkleys (SM)                                        Wolf Camera(R)

Kits Cameras (and Design)(R)                        Wolf Camera (Design)(R)

Outer Banks Outfitters (and Design)(R)              Wolf Camera (Stylized)(R)

Outerbanksoutfitters.com (SM)

                                       A-1
<PAGE>

                                    EXHIBIT B

                                RCC Related Sites

                               www.ritzcamera.com

                               www.boatersworld.com

                               www.outerbanksoutfitters.com

                               www.camerashopinc.com

                               www.wolfcamera.com

                               www.inkleys.com

                               www.kitscameras.com

                               www.ritzcameraauctions.com

                               www.boatersworldauctions.com

                               www.ritzelectronics.com

                                       B-1
<PAGE>

                                    EXHIBIT C

                                    RII Sites

                              www.ritzinteractive.com

                              www.photoalley.com

                              www.photography.com

                              www.fishingonly.com

                              www.boatingonly.com

                              www. shopatshark.com

                              www. eangler.com

                              www.bigprintgallery.com

                              www.cameraworld.com

                              www.ritzgifts.com

                              www.insanitysauce.com

                                       C-1
<PAGE>

                                    EXHIBIT D

                      RCC-RII Sale Price (See Section 1.26)

      The RCC Average Cost shall mean the "Average Cost" in RCC's internal
inventory management system as of the date of the applicable sale. In general,
such Average Cost is equal to the actual price paid by RCC to its vendors for
the RCC Product in question, less any and all credits, rebates, discounts (other
than cash discounts), allowances, or similar adjustments in any way inuring to
the benefit of RCC and arising out of RCC's purchase of goods and/or services
from the vendor in question and as booked by RCC in accordance with its
historical course of dealing with such vendors. The RCC-RII Sales Price shall
mean and refer to ***** percent (***%) of the RCC Average Cost on the dale of
the applicable sale.

                                       D-1
<PAGE>

                                    EXHIBIT E

        RCC Handling Charge (Section 1.19) and RCC Royalty (Section 1.27)

            (a) The RCC Handling Charge shall be ***** Dollars ($***) for each
order placed by a RII customer ("Customer Order") for one or more RCC Product(s)
which RCC Product(s) are to be delivered by RCC in a single delivery of the RCC
Product(s) to RII; provided, however, in the event a Customer Order is to be
delivered in more than one delivery of the RCC Product(s) by RCC to RII then,
***** Dollars ($***) for the first delivery under such Customer Order and *****
Dollars ($**) for each delivery thereafter.

            (b) The RCC Royalty shall be ***** percent (***%) of the net revenue
of RII resulting from (A) the sale of RCC Products and RCC Auction Products
purchased by RII from RCC and (B) the sale of advertising on the RCC Related
Sites. For purposes of this clause (b), "net revenue" means merchandise revenue
generated from the sale of RCC Products purchased by RII from RCC net of
returns, discounts and uncollected sales tax.

                                       E-1
<PAGE>

                                    EXHIBIT F

  Detailed descriptions/outline of Handling Services and information required
to be provided to RCC regarding RII sale to RII customer (Sections 8.2 and 8.4)

Order Administration:

Subject to the terms and provisions of any agreement between RCC and
CommercialWare, RCC will provide a system and/or systems that will record orders
as submitted from the RII Network by RII to RCC. The system and/or systems
contemplated is an e-commerce system known as Mozart provided by CommercialWare,
a third party software provider. This system, with the appropriate integration
to other related and existing inventory and purchasing systems is designed to
maintain accurate records of RII customers, order details and related inventory,
sales, customer, product, quantity, and backorder data. All of the data
maintained by these related systems will be reasonably available to RII.

Inventory:

RCC will provide certain inventory and warehouse related functions (from
warehouse locations as may be mutually agreed upon by both parties; provided,
however that RCC shall be permitted to relocate or close any of its existing
warehouses and/or build any new warehouses without the prior consent of RII)
including:

-     maintaining physical inventory records, including reasonable data and
      information regarding inventory units in stock, in transit and on
      backorder,

-     maintaining the purchase order system and procedures for periodic
      purchases of RCC Products,

-     maintaining and providing an inventory of current RCC Products,

-     maintaining and providing a system for the purpose of receiving and
      processing inventory information for RII returns to RCC, and

-     maintaining and providing a system for updating the Commercial Ware /
      Mozart e-commerce order management software with product information,
      including descriptions for current RCC Products.

                                       F-1
<PAGE>

Handling Services:

RCC will provide certain warehouse functions for the purpose of delivering the
RCC Products or RCC Auction Products sold by RII to its customers to the RII
employee (the "RII Representative") located in that portion of the applicable
RCC warehouse leased (on commercially reasonable terms) to RII by RCC (the "RII
Leased Premises"). For inventory items ordered by RII customers, these functions
will include the following:

-     providing warehouse pick tickets identifying the inventory items ordered,

-     retrieving from warehouse stock (by manual, automated or other methods)
      inventory items ordered by RII,

-     providing appropriate and adequate packaging consistent with the items
      ordered,

-     delivering the subject RCC Products or RCC Auction Products to the RII
      Representative at the RII Leased Premises.

Notwithstanding the foregoing, RII and RCC understand, acknowledge and agree
that, concurrent with the delivery of the RCC Products or RCC Auction Products
to the RII Representative or its designated agent at the RII Leased Premises,
RII shall be deemed to have taken title to such RCC Products or RCC Auction
Products, as applicable.

When required, and per the terms of this agreement, RCC will also provide the
services necessary to provide delivery of RCC Products backordered. These
services will include, but may not be limited to:

-     providing RII with periodic backorder notifications as required, and as
      provided and made available by the CommercialWare / Mozart e-commerce
      order management system.

                                       F-2
<PAGE>

                                    EXHIBIT G

                      Description of Terms of Payment for:
                   (i) RCC-RII Sales Price (See Section 8.2),
                      (ii) RCC Royalty (See Section 1.27),
            (iii) RCC Handling Charge (See Sections 1.19 and 8.4(c)),
              (iv) ShopAtShark Handling Fee (See Section 8.7), and
                  (v) ShopAtShark Service Fee (See Section 8.7)

(a)   Forty-five (45) days after termination of the month in which

      (i)   in the case of the RCC-RII Sale Price, the applicable sale of the
            subject RCC Product from RCC to RII was made;

      (ii)  in the case of the RCC Handling Charge, RII has received the gross
            revenue upon which such RCC Handling Charge was based; and

      (iii) in the case of the handling fee referenced in SECTION 8.7, RII has
            received the gross revenue upon which such handling fee was based;

(b)   Fifteen (15) days after termination of each calendar month during the
      Term, in the case of the RCC Royalty;

(c)   Fifteen (15) days after termination of each calendar month during the
      Term, in the case of the service fee referenced in SECTION 8.7; and

(d)   Notwithstanding (a) above, if requested by RCC, all RCC Handling Charges
      and RCC-RII Sales Prices shall be paid in advance of the performance by
      RCC of RCC's Handling Services for sales of RCC Products or RCC Auction
      Products during any sixty (60) day cure period described in SECTION
      4.2(a).

                                       G-1<PAGE>

                                                                    EXHIBIT 10.6

                           PERPETUAL LICENSE AGREEMENT

      This Perpetual License Agreement (this "Agreement") is being entered into
effective as of the 1st day of August 2005 (the "Effective Date"), by and
between Ritz Camera Centers, Inc., a Delaware corporation ("RCC") and Ritz
Interactive, Inc., a Delaware corporation ("RII").

                                    RECITALS

      A. RCC owns the name, trademark, service mark and/or tradename "Ritz
Interactive" (referred to herein as the "Mark").

      B. RCC and RII are entering into that certain Second Amended and Restated
Agreement, to be effective concurrently herewith (the "RCC Agreement").

      C. RII has certain rights to use the Mark under the RCC Agreement, and
desires additional rights to use the Mark, in the event the RCC Agreement is
terminated, as set forth in this Agreement.

      D. In consideration for the mutual promises herein, and RII's entry into
the RCC Agreement, RCC desires to grant to RII additional rights to use the Mark
under the terms and conditions set forth in this Agreement.

              NOW, THEREFORE, THE PARTIES HEREBY AGREE AS FOLLOWS:

                               1. GRANT OF LICENSE

      1.1 "RII Field" means any business other than sales of (i) photographic
equipment, supplies and products, (ii) boating, fishing and marine equipment,
supplies and products, (iii) photo finishing, digital imaging, portraits and
related services, or (iv) consumer electronic equipment.

      1.2 RCC hereby grants to RII a perpetual, worldwide, royalty-free,
fully-paid exclusive (including as to RCC) license to, after the termination of
the RCC Agreement, use and reproduce the Mark in conjunction with any business
or use in the RII Field (the "License"). RII shall also have the right to
authorize its third-party service providers to, after the termination of the RCC
Agreement, use and reproduce the Mark as permitted to RII herein. Except as
expressly permitted herein or in the RCC Agreement, RCC agrees that it shall not
transfer any right, title and/or interest and/or grant a license or authorize
another Person to use or reproduce the Mark. Nothing in this Agreement shall be
construed to grant RII any ownership rights in or to the Mark, or restrict any
of the rights granted under the RCC Agreement. Except as specifically provided
in this Agreement or the RCC Agreement, RCC is the sole and exclusive owner of
the Mark and all goodwill associated with or appurtenant to it, and RII has no
right or interest in the Mark except as specifically provided in this Agreement
or the RCC Agreement.

      1.3 Notwithstanding the License granted in Section 1.2, in the event that,
after termination of the RCC Agreement, RII desires to use the Mark in
conjunction with any business that is not an existing business of RII as of the
time of the termination of the RCC Agreement (a "New Business"), then RII shall
provide RCC with thirty (30) days prior written notice to RCC

<PAGE>

of the New Business that RII is considering entering along with a general
description of the manner in which RII would expect to use the Mark in
connection with such New Business. RCC shall have the right, within such thirty
(30) day period, to demand in writing that RII not use the Mark in connection
with such New Business if RCC determines that use of the Mark in connection with
such New Business would subject RCC to a risk of any unfavorable regulatory
action, violate any law, infringe the rights of any third party, impair the
goodwill associated with the Mark or any other Marks (as such term is defined in
the RCC Agreement), or unreasonably subject RCC to liability. Upon such written
demand from RCC, RII shall, in its discretion, either (i) not use the Mark in
connection with such New Business or (ii) submit the dispute to binding
arbitration in accordance with the provisions of Section 5.2 of this Agreement,
pending the outcome of which RII shall not use the Mark in conjunction with such
proposed New Business. The sole determination to be made by the arbitrators in
any such proceeding shall be a determination of whether RII's use of the Mark in
connection with such New Business would subject RCC to a risk of any unfavorable
regulatory action, violate any law, infringe the rights of any third party,
impair the goodwill associated with the Mark or any other Marks (as such term is
defined in the RCC Agreement), or unreasonably subject RCC to liability. If the
arbitrators determine that RII's use of the Mark in connection with such New
Business would subject RCC to a risk of any unfavorable regulatory action,
violate any law, infringe the rights of any third party, impair the goodwill
associated with the Mark or any other Marks (as such term is defined in the RCC
Agreement), or unreasonably subject RCC to liability, then RII shall not use the
Mark in connection with such New Business. If the arbitrators do not determine
that RII's use of the Mark in connection with such New Business would subject
RCC to a risk of any unfavorable regulatory action, violate any law, infringe
the rights of any third party, impair the goodwill associated with the Mark or
any other Marks (as such term is defined in the RCC Agreement), or unreasonably
subject RCC to liability, then RII may use the Mark in connection with such New
Business, subject to the other terms and conditions of this Agreement.

                                    2. TERM

      2.1 This Agreement shall begin on the Effective Date and shall, unless
terminated pursuant to this ARTICLE 2, continue in perpetuity.

      2.2 RCC shall have the right (but not the obligation) to terminate
immediately this Agreement:

      2.2.1 if RII is in material breach of any of its obligations or
      representations hereunder, which are material to this Agreement and which
      breach is not cured or remedied within sixty (60) days of receipt by RII
      of written notice from RCC of such breach;

      2.2.2 if RII files or is the subject of a voluntary petition in bankruptcy
      or any voluntary proceeding relating to insolvency, receivership,
      liquidation, or composition for the benefit of creditors, if such petition
      or proceeding is not dismissed within sixty (60) days of filing; or
      becomes the subject of any involuntary petition in bankruptcy or any
      involuntary proceeding relating to insolvency, receivership, liquidation,
      or composition for the benefit of creditors, if such petition or
      proceeding is not dismissed within sixty (60) days of filing;

                                       2
<PAGE>

      2.2.3 if the business of RII is liquidated or otherwise terminated for
      insolvency or any other basis; or

      2.2.4 if RII makes a general assignment for the benefit of its creditors.

      2.3 RII shall have the right (but not the obligation) to terminate
immediately this Agreement:

      2.3.1 if RCC is in material breach of any of its obligations or
      representations hereunder, which are material to this Agreement and which
      breach is not cured or remedied within sixty (60) days of receipt by RCC
      of written notice from RII of such breach;

      2.3.2 if RCC is the subject of a voluntary petition in bankruptcy or any
      voluntary proceeding relating to insolvency, receivership, liquidation, or
      composition for the benefit of creditors, if such petition or proceeding
      is not dismissed within sixty (60) days of filing, or becomes the subject
      of any involuntary petition in bankruptcy or any involuntary proceeding
      relating to insolvency, receivership, liquidation, or composition for the
      benefit of creditors, if such petition or proceeding is not dismissed
      within sixty (60) days of filing;

      2.3.3 if the business of RCC is liquidated or otherwise terminated for
      insolvency or any other basis; or

      2.3.4 if RCC makes a general assignment for the benefit of its creditors.

      2.4 A party may exercise its right to terminate this Agreement pursuant to
this ARTICLE 2 by sending written notice to the other party. No exercise by a
party of its rights under this ARTICLE 2 will limit its remedies by reason of
the other party's default, such party's rights to exercise any other rights
under this ARTICLE 2, or any other rights of such party.

                    3. OWNERSHIP AND PROTECTION OF THE MARK

      3.1 The parties acknowledge that the Mark is a trademark owned by RCC and
that all goodwill generated by RII's use of the Mark shall inure to RCC's
benefit. Nothing contained herein shall constitute an assignment of the Mark or
grant to RII any right, title or interest therein, except as specifically set
forth herein. RII shall maintain RCC's quality standards with respect to its use
of the Mark, and otherwise use the Mark subject to any reasonable restrictions
or requirements established by RCC from time to time. In the event that RII
shall obtain any proprietary right in the Mark, as a result of the exercise by
RII of any right granted to it hereunder, such proprietary right shall
immediately vest in RCC, however, RII shall be authorized to use such new
proprietary right as though the same had specifically been included in this
Agreement.

      3.2 RII shall, upon the prior written request of RCC, furnish RCC proofs
of all materials bearing the Mark licensed hereunder by RCC or sublicensed
hereunder by RII (including, without limitation, printed or electronic copies of
all advertising and publicity materials). Review by RCC shall not relieve RII of
any of its warranties or obligations under this

                                       3
<PAGE>

Agreement. Samples and materials to be reviewed by RCC shall be submitted to
such person that may be designated in writing by RCC.

      3.3 In the event that RII learns of any infringement or threatened
infringement of the Mark, or that any Person claims or alleges that the Mark is
liable to cause deception or confusion to the public, RII shall immediately
notify RCC of the substance of any such infringement, claim or allegation
thereof, and, in the case of any infringing use, RCC shall at its discretion
take all reasonable steps so as to cause the cessation of such use. If RCC does
not take action in the case of any infringing use, RII may, but is not obligated
to, take action to cause the cessation of such use. If RII takes such action,
RCC agrees to cooperate with the reasonable requests of RII (including, without
limitation, sending cease and desist letters and becoming a co-party or party in
interest in any litigation) with respect to such action and, in the event of a
judgment or settlement in favor of RCC and/or RII, RII shall be entitled to (i)
attorneys' fees and costs and (ii) damages to the extent damages are
attributable to the detriment to any RII business or sales.

      3.4 RII shall cause the trademark notice "(R)" or "(SM)" and/or the legend
"Ritz Interactive is a trademark of RCC and is used under license" and/or such
other legend as requested by RCC from time to time to appear on promotional
materials and, to the extent consistent with general Internet practices, in
connection with services provided by RII.

      3.5 Except for actions permitted by this Agreement, RII shall not,
directly or indirectly, do or cause to be done anything which contests or
materially impairs RCC's right, title or interest in the Mark.

      3.6 RCC has a substantial and legitimate interest in protecting the
exceptional goodwill and value associated with the Mark and in encouraging RII's
full and complete performance under this Agreement. Except for actions permitted
by this Agreement, RII shall use commercially reasonable best efforts to not do
or cause to be done anything to materially damage or materially impair the
goodwill associated with the Mark.

      3.7 RCC shall, at its sole expense, take such actions as necessary
(including the filing of any applicable renewal forms and payment of applicable
maintenance and renewal fees) in order to maintain with the applicable
regulatory authorities the registration in good standing of the Mark.

      3.8 Each party agrees to take all action and cooperate as is reasonably
necessary, at the other party's request and expense, to protect the other's
respective rights, titles, and interests specified in this ARTICLE 3, and
further agrees to execute any documents that might be necessary to perfect each
party's rights, titles, and interests.

                       4. REPRESENTATIONS AND WARRANTIES

      4.1 RCC represents and warrants that (a) it has full power and authority
to enter into this Agreement, (b) it owns the Mark and has sufficient right and
authority to grant to RII all licenses and rights granted by RCC hereunder, (c)
the Mark and the use thereof as permitted pursuant to this Agreement will not
violate any law or infringe upon or violate any rights of any Person, (d) the
execution, delivery and performance by RCC of this Agreement will not conflict
with, or result in a breach or termination of or constitute a default under, any
lease, agreement,

                                       4
<PAGE>

commitment or other instrument to which RCC is a party, and (e) this Agreement
constitutes the valid and binding obligations of RCC enforceable against it in
accordance with its terms.

      4.2 RII represents and warrants that (a) it has the full power and
authority to enter into and fully perform this Agreement, (b) this Agreement
constitutes the valid and binding obligations of RII enforceable against it in
accordance with its terms, and (c) the execution, delivery and performance by
RII of this Agreement will not conflict with, or result in a breach or
termination of or constitute a default under, any lease, agreement, commitment
or other instrument to which RII is a party.

                                   5. GENERAL

      5.1 RCC and RII may assign this Agreement, or any of their respective
rights and obligations hereunder, in whole or in part, provided that the
transferring party shall have first received the other party's written consent.
Except (i) as provided in the foregoing sentence, and (ii) for the assignment by
RCC or RII of all of their respective rights and obligations under this
Agreement to an unrelated Person in connection with the acquisition by that
third party of substantially all of the assets or voting securities of RCC or
RII, as applicable, where such unrelated Person agrees in writing that it
succeeds to all of the rights and is subject to all of the obligations of RCC or
RII, as applicable, under this Agreement, neither party may assign this
Agreement or any of their respective rights and obligations hereunder to any
Person and any attempt to assign this Agreement without such consent shall be
void and of no effect. In the event that RII or RCC seeks the consent of the
other to a proposed assignment, the non-assigning party shall, within fifteen
(15) days of its receipt of such request, respond in writing that it consents or
does not consent to the proposed assignment.

      5.2 Any dispute or difference between the parties hereto arising out of or
relating to this Agreement shall be settled by arbitration in accordance with
the Commercial Rules of the American Arbitration Association by a panel of three
qualified arbitrators. RII and RCC shall each choose an arbitrator and the third
shall be chosen by the two arbitrators so chosen. If either RII or RCC fails to
choose an arbitrator within 30 days after notice of commencement of arbitration
or if the two arbitrators fail to choose a third arbitrator within 30 days after
their appointment, the American Arbitration Association shall, upon the request
of any party to the dispute or difference, appoint the arbitrator or arbitrators
to constitute or complete the panel as the case may be. Arbitration proceedings
hereunder may be initiated by either RII or RCC making a written request to the
American Arbitration Association, together with any appropriate filing fee, at
the office of the American Arbitration Association in Prince George's County,
Maryland. All arbitration proceedings shall be held in Prince George's County,
Maryland. Any order or determination of the arbitral tribunal shall be final and
binding upon the parties to the arbitration and may be entered in any court
having jurisdiction.

      5.3 No failure of any party to exercise or enforce any of its rights under
this Agreement shall act as a waiver of such right.

      5.4 This Agreement and the RCC Agreement contain the entire agreement and
understanding between the parties hereto with respect to the subject matter
hereof and supersede all prior agreements and understandings relating to such
subject matter. No party shall be liable

                                       5
<PAGE>

or bound to any other party in any manner by any representations, warranties or
covenants relating to such subject matter except as specifically set forth
herein.

      5.5 This Agreement may be executed in one or more counterparts, all of
which shall be considered one and the same agreement and shall become effective
when one or more such counterparts have been signed by each of the parties and
delivered to each of the other parties.

      5.6 This Agreement shall be governed by and construed in accordance with
the internal laws of the State of Maryland applicable to agreements made and to
be performed entirely within such State, without regard to the conflicts of law
principles of such State.

      5.7 This Agreement is for the sole benefit of the parties hereto and
nothing herein expressed or implied shall give or be construed to give to any
person, other than the parties hereto any legal or equitable rights hereunder.

      5.8 The headings contained in this Agreement are for reference purposes
only and shall not affect in any way the meaning or interpretation of this
Agreement.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                       6
<PAGE>

      IN WITNESS WHEREOF, the parties have caused this Agreement to be executed
by their duly authorized representatives as of the date first above written.

RITZ CAMERA CENTERS, INC.,
a Delaware corporation

By: /s/ Wade R. Mayberry
    ----------------------------------

Name: Wade R. Mayberry

Title: President

RITZ INTERACTIVE, INC.,
a Delaware corporation

By: /s/ Fred H. Lerner
    ------------------------------
    Fred H. Lerner, President

                                       7

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