Document:

<PAGE>   1
                                                                   Exhibit 10.10

                SPECIFIC CO-OPERATION AND DEVELOPMENT AGREEMENT

                                    between

                              ERICSSON TELECOM AB

                                      and

                                     OZ.COM

                            For COMMUNITIES and LINK
<PAGE>   2
[TABLE OF CONTENTS TO BE UPDATED]

1    Background                                   3
2    Virtual company                              3
3    Ordering procedures/Revenues and costs       4
4    Contact persons                              5
5    Amendment of the development work            7
6    Insurance                                    7
7    Term                                         7
8    Copies of the Agreement                      7

     Appendix 1: Frame Purchase Order
<PAGE>   3
                                                                            3(7)

         This Specific Co-operation and Development Agreement is made between:

         Ericsson Telecom AB ("Ericsson"), registration number 556251-3258, a
         limited liability company duly incorporated under the laws of Sweden
         and having its principal place of business at Telefonplan, S-126 25
         Stockholm, Sweden,

         and

         OZ.COM ("OZ"), U.S. tax identification number 95-4560875, a
         corporation duly incorporated under the laws of California and having
         its principal place of business at 525 Brannan Street, Fourth Floor,
         San Francisco, CA 94107, U.S.A.

         Ericsson and OZ are hereinafter also referred to as individually the
         "Party" or collectively the "Parties".

1        BACKGROUND

1.1      This Specific Co-operation and Development Agreement (the "SCDA") is
         an agreement under the General Co-operation and Development Agreement
         (the "GCDA") between the Parties entered into on even date herewith,
         and the terms and conditions set out therein shall form an integral
         part of this SCDA.

1.2      The defined terms used in the GCDA shall have the same meaning in this
         SCDA, unless the context would obviously require otherwise.

1.3      The conditions specified herein shall apply to any Development Work
         executed by OZ for Ericsson according to Appendix 1, unless otherwise
         agreed in writing in a Purchase Order issued by Ericsson and confirmed
         by OZ in writing. Ericsson's General Purchasing Conditions, even if
         enclosed to the Purchase Order, shall not apply to any Development
         Work.

2        VIRTUAL COMPANY

2.1      The Development Work around the Community/LINK will be organised in a
         form that shall resemble a real small company, i.e. a virtual company
         (hereinafter the "Company"). The Company will, however, not be a legal
         entity of its own and will not be deemed to be a partnership in the
         legal sense of that term.

2.2      Each Party will contribute personnel both at the management and board
         level and in the day-to-day Development Work as further specified
         herein. However, Ericsson will be the ordering Party and OZ shall
         perform the Development Work on assignment from Ericsson.

2.3      The Product Unit IP Services within Ericsson's business unit Datacom
         Networks & IP Services will be the Ericsson representative delivering
         the assignments, unless Ericsson decides otherwise and informs OZ of
         such change.

2.4      A board of directors (the "Board") will be responsible for management
         of the Company. Ericsson shall appoint the majority number of the
         Board members. OZ will have at least one member of the Board. In case
         of different opinions of the Board, each Board member shall discuss
         internally with its respective company and then the Board shall
         reconvene within fifteen (15) days to resolve the issue. In case
         Ericsson and OZ have different opinions the opinion of Ericsson shall
         prevail.
<PAGE>   4
                                                                            4(7)

2.5    The Company will be headed by a Managing Director ("MD"), who shall
       report on a regular basis to the Board. The MD will be responsible for
       operating the business on a daily basis, following the guidelines and
       directives set out by the board of directors.

2.6    Initially, the Company's organisation will be project driven, focusing
       on the defined Solution and marketing strategies and timely delivery of
       the first functional Solution prototype.

2.7    All Development Work shall be performed by teams that would normally
       consist of personnel from both Ericsson and OZ. The teams will have the
       main responsibility in the areas of product provisioning, marketing and
       customer support.

2.8    Decision making shall be delegated to the different teams in order to
       avoid bottlenecks in the decision making process and to create commitment
       by the team members and a speedy process. The teams shall be encouraged
       to decide on e.g. distribution of work and technical solutions.

2.9    The teams shall be manned with the most appropriate personnel, regardless
       of which Party they represent. Mixed teams with personnel from both
       Ericsson and OZ shall be encouraged.

3      ORDERING PROCEDURES/REVENUES AND COSTS

3.1    Ericsson shall order Development Work by issuing Purchase Order(s)
       consistent with this SCDA and the Frame Purchase Order attached hereto,
       Appendix 1.

3.2.1  Revenues from sales under this SCDA shall be shared between the Parties
       as set out below.

          <TABLE>
          <CAPTION>
          Ericsson                                OZ
          <S>                                     <C>
          85%                                     15%
          </TABLE>

3.2.2  The Parties have agreed on the following levels and distribution of
       costs:

       OPERATING COSTS.

          <TABLE>
          <CAPTION>
                                             Ericsson            OZ
          <S>                                <C>                 <C>
          Sales and marketing
          32% of sales                       95%                   5%

          General and Admin.
          20% of sales                       95%                   5%

          Development (improved platform,
               made by OZ)
          2% of sales                         0%                 100%

          Customer support ("give away")
          3% of sales                        66%                  34%
          </TABLE>

3.3    The hourly fee shall cover actual costs related to personnel, including
       salaries and salary-related costs, compensation for overtime and taxes
       and costs for work places including PC/workstation, furniture and office
       equipment, related to the design and

<PAGE>   5
                                                                            5(7)

     test personnel that work on the project. Such price shall also cover
     assignment specific costs for methods and tools. The hourly fee shall not
     include a profit margin.

3.4  The hourly fee shall not cover costs for travelling. Travelling expenses
     and allowances shall, If such travel is approved in writing by Ericsson, be
     payable in accordance with the travelling compensation regulations of
     Ericsson. Compensation for travelling time shall however, not be payable.
     OZ shall receive compensation for verified disbursements agreed to in
     advance.

3.5  The hourly fee shall not cover assignment specific costs for test
     equipment. Costs for specific test equipment shall, if such equipment is
     approved in writing by Ericsson, be born by Ericsson.

3.6  The hourly fee shall not cover costs for general administration. OZ' costs
     for general administration related to development work performed for
     Ericsson shall be invoiced to Ericsson as additional man hours, with the
     same cost per man hour as agreed for development work. Such cost shall be
     calculated as 10% of the invoiced fee for development work.

3.7  The hourly fee shall not cover project related costs for project
     management, product management, product marketing, quality control,
     demonstration assistance, etc. Such costs shall be invoiced to Ericsson as
     payment for actually worked man hours, with the same cost per man hour as
     agreed for design hours.

3.8  When either Party's personnel are stationed in the other Party's premises,
     appropriate workstations, furniture and office equipment shall be provided
     free of charge by the hosting Party.

3.9  Ericsson is responsible for supplying OZ with a forecast of how many hours
     of work that is expected to be ordered each year, as detailed in Appendix
     1. A quarterly review of the resource planning and possible impacts on this
     SCDA shall be made, and the result thereof shall be reported to the Board.

3.10 When ordering Development Work, Ericsson shall issue a Purchase Order that
     includes:

     a)   the number of man hours that are ordered;
     b)   any specific requirements on personnel;
     c)   any specific requirements on reporting routines; and
     d)   any other specific requirements related to the assignment

4    CONTACT PERSONS

4.1  Any notice required or permitted to be given by either Party shall be in
     writing and may be sent by registered airmail letter, by telefax, by
     electronic mail confirmed by registered airmail letter, or by personal
     delivery.

     Such notice shall be deemed to be given

     -    if sent by registered airmail letter -- five days after the day of
          dispatch,

     -    if sent by telex, telefax or electronic mail -- on the day of dispatch
          of the letter of confirmation,

     -    if sent by personal delivery -- on the day of delivery.
<PAGE>   6
                                                                            6(7)

4.2       Any notices shall be delivered to the Parties contact person set out
          below.

                               Commercial matters

                                          Ericsson

                              Name:       Fred Skogli

                              Address:    Ericsson Telecom AB
                                          Product Unit IP Services
                                          S-126 25 Stockholm
                                          Sweden

                              Telephone:  +46 (0) 8 7190000

                              E-mail:     fred.skogli@etx.ericsson.se

                                          OZ

                              Name:       Skuli Mogensen

                              Address:    OZ.COM
                                          Snorrabraut 54
                                          105 Reykjavik
                                          Iceland

                              Telephone:  +354 535 0000

                              E-mail:     skuli@oz.is

                               Technical matters

                                          Ericsson

                              Name:       Peter Lindberg

                              Address:    Ericsson Telecom AB
                                          Product Unit IP Services
                                          S-126 25 Stockholm
                                          Sweden

                              Telephone:  +46 (0) 8 7190000

                              E-mail:     peter.lindberg@etx.ericsson.se

                                          OZ

                              Name:       Kjartan Emilsson

                              Address:    OZ.COM
                                          Snorrabraut 54
                                          105 Reykjavik
                                          Iceland

                              Telephone:  +354 535 0000

                              E-mail:     kjartan@oz.is

<PAGE>   7
                                                                            7(7)

5    AMENDMENTS OF THE DEVELOPMENT WORK

     Amendments, additions to or limitations of the Development Work must be in
     writing and executed by the Parties to be valid. However, amendments of
     fixed prices or of Frame Purchase Order limits must, to be valid, be made
     through a decision by the Board of the Company. Each Party undertakes to
     propose such alterations of the Development Work that it considers would
     improve the result with respect to technical features, costs or otherwise
     in favour of any Party.

6    INSURANCE

6.1  OZ shall ensure that it is insured against accidents, torts and third-party
     liability for adequate amounts, however not less than SEK ten million
     (10.000.000), during each calendar year. This insurance shall also cover
     Ericsson's documents in OZ's possession and resources provided by Ericsson
     that are in OZ's custody.

6.2  OZ shall upon request by Ericsson be able to present a certificate of
     insurance.

7    TERM

     This SCDA shall be effective from the date of its execution until December
     31, 2001. Unless terminated by either Party's written notice, the term of
     this SCDA shall be extended one (1) year at the time.

8    COPIES OF THE AGREEMENT

     This SCDA has been made in two (2) original copies, of which Ericsson and
     OZ have received one each.

     IN WITNESS WHEREOF, this SCDA has been duly signed by the Parties hereto,
     at the places and on the days written below.

     ERICSSON TELECOM AB                     OZ.COM

     By: /s/ Rolf Eriksson                   By: /s/ Skuli Mogensen
        -------------------                      -------------------
             Rolf Eriksson                           Skuli Mogensen
             Vice President                          Chief Executive Officer

     Stockholm, Feb 4, 1999                  Feb 4th 99 Stockholm, 1994
     ======================                  ==========================

     Date and place                          Date and place

<PAGE>   8
                                                             Appendix 1 to SCDA

          FRAME PURCHASE ORDER FOR FOR DEVELOPMENT WORK ORDERED BY ERICSSON FROM
          OZ FOR COMMUNITIES/LINK.

1         PARTIES

          Ericsson Telecom AB, Stockholm, Sweden ("Ericsson") oz.com inc, San
          Francisco, USA ("OZ")

2         GENERAL

          This Frame Purchase Order sets forth specific terms applicable when
          development work is ordered by Ericsson from OZ under the Special
          Cooperation and Development Agreement.

3         RESOURCE PLANNING

          Ericsson shall quarterly by means of a resource planning process
          submit a rolling forecast for new assignments planned according to
          this Frame Purchase Order for the next six to twelve months.

          The board of the virtual company may decide to change and update this
          Frame Purchase Order, based on the result of the quarterly review of
          the resource planning.

          OZ shall maintain and quarterly submit to the Ericsson an overview
          plan of committed assignments according to this Frame Purchase Order,
          of available resources and competence and resource limits.

          The resource planning will be used as a basis for financial estimates.
          Consequently the invoicing of current account assignments shall
          correspond to the resource plan submitted. In case of significant
          deviations from the resource plan it is the obligations of OZ to
          promptly notify Ericsson in advance.

4         FRAME

          The following design frame is estimated to be handled by OZ during
          1999:

<TABLE>
<CAPTION>
                                                              Orderer
     Design Area            Maximum Volume                    Receiver
     -----------            --------------                    --------
     <S>                    <C>                       <C>
     Community/LINK         30.000 man-hours          *  Fred Skogli (ETX)
                                                      ** Birgir Thrainsson (OZ)
</TABLE>
<PAGE>   9
                                                                               2

          *         Person authorised to sign orders within the defined Maximum
                    Volume

          **        Person authorised to receive and confirm orders within the
                    defined Maximum Volume

          Note:     Maximum Volume shall be indicated in orders and invoices.

                    The special competence of the persons performing the
                    development work, if any, shall be stated by Ericsson in
                    each order.

                    Should any party to this Frame Purchase Order fail to meet
                    the undertaking specified in an order, the failing party has
                    to carry the extra costs, if any, necessary to remedy such
                    failure (e.g. procure replacement resources/assignments).

5         PRICE

          For current account assignments during 1999 the price will be 72 USD
          per man hour.

          The costs to be covered by the manhour price is specified in Special
          Cooperation and Development Agreement.<PAGE>   1

                                                                   EXHIBIT 10.11

                         VALUE ADDED RESELLER AGREEMENT

THIS VALUE ADDED RESELLER AGREEMENT (this "Agreement") is effective as of the
25 day of February, 2000, by and between Ericsson Telecom AB (hereinafter
"Owner"), a Sweden corporation, having an address for purposes of this
Agreement at Telefonplan, S-126 25, Stockholm, Sweden, and OZ.COM and its
subsidiaries, (hereinafter "VAR"), a California corporation, having an address
for purposes of this Agreement at 77 South Bedford Street, Burlington, MA
01803, USA:

                                  WITNESSETH:

WHEREAS, Owner and VAR have jointly developed certain computer programs (the
"Code") in accordance with that certain General Co-Operation And Development
Agreement by and between parties as of 4th of February 1999 ("GCDA") as amended
on October 18 and October 21, 1999 ("Amendment") and that certain Specific
Co-Operation And Development Agreement For Communities and Link, by and between
the parties dated 4th of February 1999 (hereinafter collectively referred to as
"Development Agreements");

WHEREAS, by the terms of the said General Co-Operation And Development
Agreement, Owner is the owner of certain results of the joint development work
and has been granted certain exclusive rights to proprietary technology and
solutions owned by VAR;

WHEREAS, VAR now desires (i) to market, sublicense and distribute the Code
directly to its customers and use the Code in order to develop and market
certain further computer programs and related documentation (hereinafter
defined as the "Products") and (ii) to provide certain services related to the
Code (hereinafter defined as "Hosting Services") to its customers; and

WHEREAS, each party hereto represents that it is ready, willing, and able to
undertake the responsibilities and obligations set forth in this Agreement, and
that it possesses the rights, resources, and capabilities to perform its
responsibilities under this Agreement;

NOW, THEREFORE, in consideration of the premises, and of the obligations herein
made and undertaken, the parties hereto do hereby covenant and agree as follows:

1.   DEFINITIONS

For the purposes of this Agreement, the definitions set forth in this Section
shall apply to the respective capitalized terms:

"CODE." Computer programming code consisting of both Client Code and Server
Code, including source code (i.e., human-readable), object code (i.e.,
machine-readable), and associated procedural code, as more fully described in
the Development Agreements.

                                                                               1

<PAGE>   2

"CLIENT CODE." A client software application to be used on a personal computer,
mobile phone or any other device, intended to connect to Server Code, as more
fully described in the Development Agreements.

"DERIVATIVE WORK." A work that is based upon one or more preexisting works, such
as a revision, modification, translation, abridgement, condensation, expansion,
or any other form in which a preexisting work may be recast, transformed, or
adapted, and that, if prepared without the authorization of the owner of the
preexisting work, would constitute a copyright infringement.

"DOCUMENTATION." The printed material relating to the Code, including, without
being limited to the description of the principles of operation.

"ENHANCEMENT." A change or addition to the Code or Documentation, other than an
Error Correction, that improves its function, adds new function, or
substantially enhances its performance. Enhancements shall not include programs
that have a value and utility separate from the use of the Code and that, as a
practical matter, may be priced and offered separately from the Code.

"ERROR." A defect in the Code or a mistake in the Documentation that prevents
the Code from functioning in material conformity with the Specifications.

"ERROR CORRECTION." A change to the Code or the Documentation that is in a
form that allows its application to the Code or inclusion in the Documentation
to reestablish material conformity with the Specifications. All Error
Correction shall be considered part of Code and Documentation for all purposes
under this Agreement.

"HOSTING SERVICE." A service offering whereby VAR provides hosting of the Code
and related maintenance services to its customers.

"PRODUCT(S)." Computer programs that are developed entirely by VAR, including
its third party licensees and contractors and (i) contain, or are Derivative
Works of, the Code or any subset thereof, or (ii) are aimed to operate in
connection with the Code to enhance its usability or add to its features, and
that are completed in marketable form (with appropriate end-user Documentation)
by VAR and are offered by VAR to its customers or potential customers, in
object code form, under the terms of the VAR License.

"SERVER CODE." A server software application allowing connections with and
between Client Code applications, as more fully described in the Specifications
attached hereto as Exhibit A.

"VAR LICENSE." A license agreement between VAR and each of VAR's customers
under which copies of the Code or Product will be provided to such customers.
The VAR License shall contain terms limiting the use of Code or Products to
designated central processing units (CPUs), limiting further copying and/or
transfer of the Products by such customers, and prohibiting reverse assembly,
reverse compiling, or reverse engineering of the Code or Products.

2.   VAR RESPONSIBILITIES

2.1  Development of Products. VAR shall use all reasonable efforts to develop
     the Products. Upon completion of development of the Products, VAR shall
     test and evaluate the Products and assess their usefulness, performance,
     and marketability.

2.2  Marketing. If such assessment is positive, VAR shall use all reasonable
     efforts to market the Products in accordance with this Agreement. VAR shall
     use all reasonable efforts to package Products that VAR determines to be
     commercially reasonable offerings and to market such Products to potential
     customers under the VAR License.

                                                                               2

<PAGE>   3

2.3. Non-compete. VAR and Owner shall continuously discuss how to approach the
     market and to use market opportunities for the best benefit of both
     Parties. In relation to a pure sublicensing of the Server Code, VAR shall
     continuously disclose to Owner its business prospects and shall not without
     the prior consent of Owner approach a wireline or wireless telecom operator
     for marketing activities in relation to such sub-licensing of the Server
     Code. However, the above shall not in any way restrict VAR's right to offer
     and sell Hosting Services to any third party.

2.4. Responsibilities Toward Customers. Except as otherwise provided in this
     Agreement, VAR shall assume all responsibility and liability to its
     customers with respect to the Products and shall assume all responsibility
     and liability for related customer support and assistance.

2.5. Royalties. VAR shall pay royalties to Owner in accordance with Section 4.

     3.   GRANT OF LICENSE

3.1. Owner hereby grants to VAR a nonexclusive right and license to:

     -    Use, and reproduce the Code and Documentation in object code form, for
          the purposes of the development, technical support, maintenance, and
          warranty service of Products;

     -    Use, reproduce, sublicense and distribute copies of the Code (in
          object code form only) and Documentation;

     -    Use, the Code and Documentation in conjunction with Products in order
          to market and sell Hosting Services to VAR's customers and for the
          benefit of end-users of such customers;

     -    Use, reproduce, distribute, market and sell copies of the Code (in
          object code form only) and Documentation as Products or parts of
          Products, to customers of VAR under the terms of a VAR License; and

     -    Use and display the trademarks, service marks, and logos related to
          the Code and as specified in Ericsson's Corporate Visual Language
          Manual;

     -    Use and copy the Code and Documentation thereof, for marketing,
          training, and demonstration purposes with respect to the Products.

3.2. For the avoidance of doubt; all changes, modifications, Enhancement or
     Derivative Works in relation to the Code shall be made in accordance with
     the terms and conditions of the Development Agreements.

     4.   ROYALTIES AND PAYMENTS

4.1. Royalties. VAR shall pay royalties in accordance with Exhibit A.

4.2. Most Favored Customer. Owner agrees that the charges established under this
     Agreement and specified in Exhibit A shall not exceed those offered or
     imposed with respect to similar value added reseller arrangement(s) with
     other customers or partners of Owner. If, during the term of this
     Agreement, Owner offers or accepts lower charges for similar value added
     reseller arrangement involving other customers or partners under similar
     terms and conditions, Owner shall so notify VAR and remit as a credit to
     VAR the difference between the amount of the payments theretofore

                                                                               3

<PAGE>   4

     made by VAR for such similar arrangement and the amount that would have
     been payable if such lower charges been in effect.

4.3. Royalties Payable. Royalties are payable quarterly, with payment due
     within 30 days after the last day of each calendar quarter (March 31, June
     30, September 30, December 31).

4.4. Audit. Upon Owner's request, at mutually agreeable times no more
     frequently than twice annually, Owner or an agent or accounting firm
     chosen by Owner shall be provided reasonable access during normal business
     hours to the relevant records of VAR for purposes of audit of royalties
     due. Records sufficient to verify the revenue received, copies of Products
     authorized to be made, copies of Products made, and authorized end-user
     copies sold, leased, or otherwise distributed or transferred shall be
     maintained by VAR and made available for audit. Persons conducting the
     audit shall be provided a reasonable opportunity to interview any
     employees of VAR who have engaged in the development and/or marketing of
     Products in order to corroborate the information contained in such records.

     5. AVAILABILITY OF ENHANCEMENTS AND PRODUCTS

5.1. Owner shall, to the extent developed or acquired by Owner and/or jointly
     developed by Owner and VAR under the General Co-Operation And Development
     Agreement of 4th of February 1999, offer VAR Enhancements for inclusion in
     the Code and Documentation as soon as they become available. Unless the
     parties agree otherwise, such Enhancements shall become part of the Code
     and Documentation for purposes of this Agreement.

5.2. VAR shall, to the extent developed or acquired by VAR, offer to license or
     sell Products to Owner on terms to which the parties shall, in good faith,
     agree.

     6. LIMITED WARRANTY AND LIMITATION OF LIABILITY

6.1. Ownership and Authority. To the extent and with limitations produced by
     the Development Agreements, Owner warrants that it is the owner of certain
     U.S. and international copyrights in the Code and Documentation and that
     it has all rights necessary for the grant of the right and license granted
     by this Agreement.

6.2. Disclaimer. The Code is provided "as is" for VAR's evaluation and, as
     between the parties, VAR assumes responsibility for determining the
     suitability of the Code, for its use in Products, and for results
     obtained. Owner makes no warranty that all Errors have been or can be
     eliminated from the Code or Documentation, except as expressly stated
     above, and Owner shall in no event be responsible for losses of any kind
     resulting from the use of the Code or the Documentation in Products,
     including, without limitation, any liability for business expense, machine
     downtime, or damages caused to VAR or VAR's customers by any deficiency,
     defect, error, or malfunction. EXCEPT AS SPECIFICALLY SET FORTH HEREIN,
     OWNER DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, ARISING OUT OF OR
     RELATING TO THE CODE OR DOCUMENTATION OR ANY USE THEREOF, INCLUDING,
     WITHOUT LIMITATION, ANY WARRANTY WHATSOEVER AS TO THE FITNESS FOR A
     PARTICULAR USE OR THE MERCHANTABILITY OF THE CODE OR DOCUMENTATION.

6.3. Limitation of Liability. In no event shall Owner be liable to VAR or VAR's
     customers for any indirect, special, incidental, or consequential damages,
     including lost profits.

                                                                               4

<PAGE>   5

     7. OBLIGATION FOR EXPENSES

7.1. Owner shall have no obligation or requirement whatsoever to reimburse VAR
     for any expenses or costs incurred by VAR in the performance of, or
     otherwise by reason of, this Agreement. VAR's incursion of costs or
     expenses under this Agreement is at its sole risk and upon its independent
     business judgment that such costs and expenses are appropriate.

     8. MARKING OF PRODUCTS

8.1. All Code and Documentation, including any Enhancements, shall be marked
     with Owner's copyright notice. All Products offered by VAR shall display
     Owner's copyright notice and the Code shall otherwise be presented as set
     out in the Development Agreements. VAR may mark the Code included in
     Products with its own trademark and copyright notice as set out in the
     Development Agreements.

     9. TERM OF AGREEMENT, TERMINATION

9.1. Term. Unless terminated earlier as provided herein, this Agreement shall
     have a term of two (2) years commencing from the Effective Date.

9.2. Automatic renewal. This Agreement shall be renewed automatically for
     additional successive one (1) year periods, unless notice of non-renewal
     is given to the other no later than thirty (30) days prior to the
     expiration of the initial term or then current renewal term.

9.3. Breach. Should either party commit a material breach in its obligations
     hereunder, or should any of the representations of either party prove to
     be untrue in any material respect, the other party may, at its option,
     terminate this Agreement by 60 days' written notice to the other party.
     Such notice shall identify and describe the default upon which termination
     is based. The defaulting party shall have 30 days to cure such default,
     which, if effected, shall prevent termination by virtue of such default.

9.4. Consequences. Upon the termination of this Agreement, VAR shall
     immediately cease all use of the Code and Documentation granted by this
     Agreement, and any Derivative Works thereof, and shall make no further
     copies of any of the foregoing. VAR shall also discontinue all promotion,
     marketing, support, training, licensing, or other activities, except with
     respect to authorized end-user copies to the extent they have been placed
     in use by customers pursuant to the VAR License prior to the effective
     date of termination.

9.5. Survival. Notwithstanding the foregoing, and notwithstanding termination
     of this Agreement, VAR shall retain the right to continue to support
     Authorized End-User Copies that have been completed, marketed, and
     installed pursuant to the VAR License prior to the effective date of
     termination, subject to continued payment of applicable royalties to Owner.

9.6. Continuation of Payment. Owner shall continue to be entitled to fees and
     charges set forth in Section 5 that have accrued or shall accrue and
     become due and owing to Owner with respect to Products for a period of 3
     years next following the effective date of this Agreement. At the end of
     such 3-year period, providing all royalties due have been paid, all
     licenses granted by Owner hereunder shall be deemed fully paid up and this
     Agreement shall not thereafter be subject to termination by Owner.

                                                                               5

<PAGE>   6

      10. INDEMNIFICATION

10.1. Owner Indemnification. Owner agrees to, and does hereby, indemnify and
      hold harmless VAR from any and all claims, demands, or actions alleging
      that the Code or Documentation, including any Enhancements, in the form
      delivered by Owner, infringes or abridges any third-party rights in
      copyright, trade secret, or other intellectual property rights.

10.2. VAR Indemnification. VAR agrees to, and does hereby, indemnify and hold
      harmless Owner from any and all claims, demands, or actions from or
      relating to Products, or use by customers of Products, and based on or
      related to VAR's performance, nonperformance, infringement of third-party
      intellectual property rights, representations or statements made, or
      other actions with respect to Products.

10.3. Conditions. The foregoing indemnities shall be contingent upon the party
      seeking to enforce the indemnity against the other party (1) giving
      written notice to the other party of any claim, demand, or action for
      which indemnity is sought; (2) fully cooperating in the defense or
      settlement of any such claim, demand, or action; and (3) obtaining the
      prior written agreement of the indemnifying party to any settlement or
      proposal of settlement.

      11. MISCELLANEOUS

11.1. No Assertion of Rights. It is expressly understood and agreed that, as
      between Owner and VAR, all right, title, and interest in and to the Code
      and Documentation, including any other material furnished to VAR under
      this agreement vests solely and exclusively in the Owner, and VAR shall
      neither derive nor assert any title or interest in or to such materials
      except for the rights of use or licenses granted under this Agreement.

11.2. Independent Contractor Status. VAR is an independent contractor under
      this Agreement, and this Agreement shall not be construed as to create a
      partnership, joint venture, or agency relationship between the parties
      hereto. VAR shall have no authority to enter into agreements of any kind
      on behalf of Owner and shall not have the power or authority to bind or
      obligate Owner in any manner to any third party.

11.3. No Conflict of Interest. VAR represents and warrants that it has full
      power and authority to undertake the obligations set forth in this
      Agreement and that it has not entered into any other agreements that
      would render it incapable of satisfactorily performing its obligations
      hereunder, or that would place it in a position of conflict of interest
      or be inconsistent or in conflict with its obligations hereunder.

11.4. No Assignment. VAR represents that it is acting on its own behalf and is
      not acting as an agent for or on behalf of any third party and further
      agrees that it may not assign its rights or obligations under this
      Agreement without the prior written consent of Owner.

11.5. Notices. Any notices required or permitted to be sent shall be delivered
      personally, by overnight delivery service (such as Federal Express or
      DHL), or mailed certified mail, postage prepaid, return receipt
      requested, to the party's at the address noted above, unless by such
      notice a different address shall have been designated. Such notice shall
      be deemed to have been received upon actual delivery in the case of
      personal or overnight delivery and within three (3) business days after
      such mailing.

11.6. Governing Laws. All questions concerning the validity, operation,
      interpretation, and construction of this Agreement will be governed by
      and determined in accordance with the laws of Sweden.

                                                                               6

<PAGE>   7

11.7. No Waiver. Neither party shall by mere lapse of time, without giving
      notice or taking other action hereunder, be deemed to have waived any
      breach by the other party of any of the provisions of this Agreement.
      Further, the waiver by either party of a particular breach of this
      Agreement by the other shall not be construed or constitute a continuing
      waiver of such breach or of other breaches of the same or other
      provisions of this Agreement.

11.8. Force Majeure. Neither party shall be in default if failure to perform
      any obligation hereunder is caused solely by supervening conditions
      beyond that party's control, including acts of God, civil commotion,
      strikes, labor disputes, and governmental demands or requirements.

11.9. Entire understanding. The parties hereto acknowledge that each has read
      this Agreement, understands it, and agrees to be bound by its terms. This
      Agreement sets for the entire understanding between the parties as to the
      subject matter hereof. This Agreement may be amended only by a subsequent
      writing that specifically refers to this Agreement and is signed by both
      parties, and no other act, document, usage, or custom shall be deemed to
      amend this Agreement.

IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by
their respective duly authorized representatives as set forth below.

ERICSSON TELECOM AB

By:  /s/ ROLF ERIKSSON
   -------------------------------
Title: V.P.
      ----------------------------

Date: February 25, 2000

OZ.COM

By:  /s/ SKULI MOGENSEN
   -------------------------------
Title: CEO
      ----------------------------

Date: February 25, 2000

                                                                               7

<PAGE>   8

EXHIBIT A

ROYALTIES AND PAYMENTS . . .

Final pricing model for the licensing of Code has not been set by the parties.
The parties intend to structure a pricing model and a marginal fee structure in
the situations where;

  a.  VAR licenses Server Code

  b.  VAR provides Hosting Services to telecom operators

  c.  VAR provides Hosting Services to internet companies

  d.  VAR contributes to the sale or license of the Server Code

  e.  VAR initiates the upgrade and transfer of End-Users from a basic free
      internet version of the Code into a more fully featured version.

                                                                               8

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