Document:

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                                                               Exhibit 10.12
                                                               -------------

                            MANAGEMENT AGREEMENT
                            --------------------

     THIS MANAGEMENT AGREEMENT made and entered into as of this 1st day of
January, 2002 by and between NATIONAL PREARRANGED SERVICES, INC. a Missouri
corporation ("NPS") and BDC PROPERTIES, INC., a Missouri corporation
("Management Company").

     WHEREAS, NPS maintains a sales force to sell trust funded prearranged
funeral contracts in certain states and serves as approved insurance agencies
to sell insurance policies and/or annuities used to fund preneed funeral
contracts in other states;

     WHEREAS, NPS desires to enter into sales management agreement with
Management Company in order to supervise its sales force in return for a fixed
percentage payment of net revenues;

     WHEREAS, Management Company desires to enter into a sales management
agreement with NPS in return for a percentage of the ongoing net sales
revenues of NPS.

     NOW, THEREFORE, in consideration of the foregoing recitals and of the
mutual terms, covenants and agreements hereinafter set forth and for other
good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties do hereby agree as follows:

     1.  Sales Force Management Services. Management Company shall provide
         --------------------------------
NPS with all necessary personnel to supervise NPS field sales force,
including but, not limited to, the services of Brent Cassity and Randy Murray.
Such supervisory sales services will be provided by Management Company
employees who at all times will act under the control and direction of the
Management Company.

     2.  Management Fee. NPS shall pay to Management Company a monthly
         ---------------
management fee equal to the percentage set forth below of the net sales
revenues of NPS (net of cancellations and surrenders) as payment for the
services provided hereunder ("Management Fee"):

          Annual Net                          Management Fee
          ----------                          --------------
    Sales Revenues (computed
    ------------------------
    on a calendar year basis)
    -------------------------

   $0 - $52,000,000                                8%
   $52,000,001 - $104,000,000                      3%
   $104,000,000 +                                  1%

The Management Fee shall be paid on the first day of each month based on the
net revenues of NPS for the preceding month. NPS shall not be responsible
for any expenses of Management Company of any kind. Management Company agrees
to pay all of its expenses that have been incurred in the performance of its
duties under this Agreement.

     3.  Authority. Management Company shall, at all times, have the exclusive
         ----------
authority

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to direct, control, hire, fire and set wages of Management Company personnel
who render supervisory services to NPS. Management Company is not authorized
to make any contract or incur any debt in NPS's name. Management Company's
authority shall not exceed that expressly granted herein and no forbearance or
neglect on NPS's part or Management Company's part shall be a waiver of any of
the terms of this Agreement or imply the existence of any authority not
expressly granted herein.

     4.  Independent Contractor. The sole intention of this Agreement is to
         -----------------------
secure for NPS the services of Management Company as an independent contractor,
and this Agreement shall not be construed as creating a partnership between
NPS and Management Company or creating a master servant relationship between
NPS and Management Company's employees. Management Company shall not be liable
to NPS except for gross negligence or willful misconduct in the performance of
Management Company's obligations hereunder. NPS agrees to indemnify and hold
Management Company harmless from and against any and all demands or legal
proceedings (including all costs, expense and reasonable attorneys' fees
incurred in defense of any such matter) which may be made or brought against
Management Company arising out of its supervision of the NPS sales force,
except for claims arising out of matters within the scope of Management
Company's authority hereunder and alleged to be due to Management Company's
gross negligence or willful misconduct.

     5.  Contract Payment. As additional consideration to NPS for entering
         -----------------
into this Management Agreement, Management Company has agreed to pay NPS Ten
Million Dollars ($10,000,000.00) by the contemporaneous delivery of this
promissory note attached hereto as Exhibit A ("Note").

     6.  Indemnification. Management Company shall be responsible for and
         ----------------
indemnify NPS against all wages payable to Management Company employees who
participate in rendering services to NPS and employer taxes thereto (including,
but not limited to, FICA and Missouri unemployment taxes) and all other
expenses incurred in the performance of its duties. NPS shall be entitled to
offset dollar-for-dollar amounts owed to it under this paragraph 6 against
the Management Fee.

     7.  Termination. This Agreement cannot be terminated by either party
         ------------
except as hereinafter set forth.

     (A)  Notwithstanding anything contained herein to the contrary this
Agreement can be cancelled by NPS at its sole written election upon the
happening of any of the following specified events:

          (i)   Default by Management Company under the Note;

          (ii)  Default by Management Company in the performance of its
                obligations under this Agreement following written notice
                and failure to correct same within thirty (30) days after
                receipt of such notice; or

                                  2

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          (iii) Insolvency (however evidenced) of Management Company, the
                making of a general assignment for the benefit of creditors
                by Management Company; the filing of any petition or the
                commencement of any proceeding by or against Management
                Company for any relief under any bankruptcy or insolvency
                laws, or any laws relating the relief of debtors, readjustments
                of indebtedness, reorganization, compositions or extensions.

     (B)  Notwithstanding anything herein to the contrary this Agreement may
be terminated by Management Company at its sole written election upon the
happening of any of the following specified events:

          (i)   Default by NPS payment of the Management Fee; or

          (ii)  Insolvency (however evidenced) of NPS, the making of a general
                assignment for the benefit of creditors by NPS; the filing
                for any petition or the commencement of any proceeding by or
                against NPS for any relief under any bankruptcy or insolvency
                laws, or any laws relating to the relief of debtors,
                readjustments or indebtedness, reorganizations, compensations
                or extensions.

     8.  Assignment. This Agreement is not transferrable by either party
         -----------
without the prior written consent of the non-transferring party.

     9.  Entire Agreement. This Agreement constitutes the entire understanding
         -----------------
between the parties and there are no further or other agreements or
understandings, written or oral, in effect between the parties unless expressly
referred to herein. This Agreement may not be modified, altered or amended
except by written agreement signed by the party against which enforcement is
sought.

     10. Severability. In the event any provision of this Agreement shall be
         -------------
held to be invalid or enforceable, in full or in part, neither the validity
nor the enforceability of the remainder of this Agreement shall be affected
in any way.

     11. Governing Law. This Agreement is entered into and shall be governed
         --------------
by the laws of the State of Missouri.

                                      3

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     IN WITNESS WHEREOF, this Agreement has been made and entered into
as of the date and year first above written.

                               NATIONAL PREARRANGED SERVICES, INC.

                               By: /s/ Randall K. Sutton
                                  ------------------------------------
                                  Randall K. Sutton, President

                                               "NPS"

                               BDC PROPERTIES, INC.

                               By: /s/ Brent D. Cassity
                                  ------------------------------------
                                  Brent D. Cassity, President

                                 4

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                                                                   Exhibit A

                              PROMISSORY NOTE
                              ---------------

$10,000,000.00                                    January 1, 2002
                                                  St. Louis County, Missouri

     FOR VALUE RECEIVED, the undersigned, BDC PROPERTIES, INC., a Missouri
corporation ("Borrower"), hereby promises to pay to the order of National
Prearranged Services, Inc., a Missouri corporation ("Lender"), the principal
sum of Ten Million Dollars and 00/100 ($10,000,000.00) with interest from
the date hereof at eight and one-half percent (8.5%) per annum. Except as
otherwise set forth herein, the principal and interest under this promissory
note (this "Note") shall be payable in forty-eight (48) equal consecutive
monthly blended installments of Two Hundred Forty-Six Thousand Four Hundred
Eight-Three Dollars and 03/100 ($246,483.03) each, commencing on February 1,
2002 and thereafter on the first (1st) day of each succeeding month.

     All payments hereunder shall be made in lawful money of the United
States. This Note may be prepaid in part or in full at any time without
charge or penalty. Each payment and prepayment received by Lender shall be
applied first against late charges, if any, next against unpaid accrued
interest and the balance, if any, against the principal balance hereof.

     As used in this Note, the term "Default" means any one or more of the
following: (i) the failure of Borrower to make any payment of principal or
interest when due hereunder and such default is not cured within ten (10)
business days; (ii) the occurrence of a default or an event of default under
any deed of trust which may be given as collateral for this Note, said
default not being cured within any applicable cure period; (iii) the
execution of any assignment for the benefit of creditors by the Borrower or
the filing or commencement of any proceeding for relief under the Bankruptcy
Code, as amended from time to time, or insolvency laws or any law relating
to the relief of debtors, readjustment of any indebtedness, reorganization,
composition, extension of debt, or the appointment of a receiver or trustee
for, by or against the Borrower; and (iv) the dissolution or termination of
existence of the Borrower whether by voluntary or involuntary action.

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     If a Default shall occur, which is not cured within any applicable cure
period, Lender shall have the right, in addition to any other right or
remedy available hereunder and/or under applicable law and without prior
notice or demand, to: (i) accelerate this Note in which event all principal
and interest due hereunder shall be immediately due and payable, and (ii)
exercise any remedies available to Lender under any collateral documents
securing this Note. Failure to exercise any such remedy shall not constitute
a waiver of the right to exercise the same in the event of any subsequent
Default. If this Note shall be collected by legal proceedings or through a
probate or bankruptcy court, or shall be placed in the hands of an attorney
for collection after Default or maturity, Borrower agrees to pay all costs
of collection, including, without limitation, reasonable attorneys' fees and
expenses (incurred both before and after litigation is commended), court
costs and other litigation expenses.

     After Default or maturity, this Note shall bear interest at a rate
equal to ten percent (10%) per annum (the "Default Rate"). The Default Rate
shall be applicable both before and after any judgment may be rendered by a
court of competent jurisdiction.

     Borrower hereby severally waive demand, presentment, notice of
dishonor, notice of intent to demand or accelerate payment hereof, diligence
in collecting, and notice and protest of every kind and nature in reference
to this Note.

     The obligations of the Borrower under this Note shall be binding upon
the Borrower and the respective successors and assigns thereof and shall
inure to the benefit of Lender and Lender's successors and assigns. If any
provision of this Note or any portion thereof, is adjudicated by a court of
competent jurisdiction to be invalid or unenforceable, the remainder of this
Note shall be construed as if such invalid or unenforceable provision was
never included herein.

     This Note shall be construed in accordance with the laws of the State
of Missouri and the laws of the United States applicable to transactions in
Missouri. If any litigation arises hereunder, the situs for jurisdiction
shall be in any state court located in St. Louis County, Missouri or the
federal court district and division in which the aforesaid County is
located. Borrower hereby consents to such jurisdiction and venue and waives
any right to commence any action against Lender in any other jurisdiction.
BORROWER AND LENDER HEREBY WAIVE AND RELINQUISH ALL RIGHTS TO TRIAL BY JURY
IN ANY LITIGATION ARISING UNDER THIS NOTE.

     IN WITNESS WHEREOF, the undersigned, intending to be legally bound
hereby, has executed this Note as of the date first above written.

                                      BDC PROPERTIES, INC.

                                      By: /s/ Brent D. Cassity
                                         ----------------------------------
                                         Brent D. Cassity, President12312001 Form 10-K Exhibit 10.25

                                            Exhibit 10.25

MARKETWATCH.COM, INC.

PEARSON INTERNATIONAL FINANCE LTD

FINANCIAL TIMES GROUP LIMITED

PEARSON INTERNET HOLDINGS BV

____________________

AGREEMENT

for the sale and purchase of

42,500 A Shares in 

FINANCIAL TIMES MARKETWATCH.COM 

(EUROPE) LIMITED

____________________

CONTENTS

	
CLAUSE
	
 
	
PAGE

	
1.
	

INTERPRETATION

	

1

	
2.
	

SALE OF THE SHARES AND PRICE

	

2

	
3.
	

 COMPLETION

	

2

	
4.
	

 POST COMPLETION UNDERTAKINGS

	

4

	
5.
	

   WARRANTIES

	

4

	
6.
	

  ENTIRE AGREEMENT

	

5

	
7.
	

  VARIATION

	

5

	
8.
	

  ANNOUNCEMENTS

	

6

	
9.
	

 COSTS

	

6

	
10.
	

   SEVERABILITY

	

6

	
11.
	

 NOTICES

	

6

	
12.
	

 WAIVERS/BUYER'S RIGHTS AND REMEDIES

	

7

	
13.
	

  FURTHER ASSURANCE

	

8

	
14.
	

 NO RIGHTS UNDER CONTRACTS (RIGHTS OF THIRD  PARTIES) ACT 1999

	

8

	
15.
	

  CONFLICT WITH JV AGREEMENT

	

8

	
16.
	

   COUNTERPARTS

	

8

	
17.
	

 GOVERNING LAW

	

9

THIS AGREEMENT is made on November 16, 2001

BETWEEN

(1) MARKETWATCH.COM, INC. a company incorporated under the laws of
Delaware and having its principal place of business at 825 Battery Street, San
Francisco, California 94111 (the Seller);

(2) PEARSON INTERNATIONAL FINANCE LTD a company incorporated
under the laws of England and Wales whose registered office is at 80 Strand,
London, WC2R 0RL (the Buyer);

(3) FINANCIAL TIMES GROUP LIMITED incorporated under the laws of
England and Wales whose registered office is at Number One, Southwark
Bridge, London SE1 9HL (Financial Times); and

(4) PEARSON INTERNET HOLDINGS BV incorporated under the laws of the
Netherlands whose principal place of business is at Media Centre, 4th FI, Rm
405, Sumatralaan 45, 1217 GP Hilversum, Netherlands (Pearson Internet).

WHEREAS:

 Financial Times, Pearson Internet and the Seller are parties to a joint venture
agreement dated 19 June, 2000 governing the relationship of the Seller and Pearson
Internet  as shareholders in Financial Times MarketWatch.com (Europe) Limited (the
JV Agreement).

        Financial Times MarketWatch.com (Europe) Limited (the Company) is a
private company limited by shares incorporated in England and Wales.  The Company
has an authorised share capital of £55,000 divided into 250,000 A Shares of 10 pence
(A Shares) each and 30,000 B shares of £1 each.  42,500 A Shares each have been
issued and are fully paid and are beneficially owned by the Seller (the Shares).
42,500 A Shares are held by Pearson Internet and 30,000 B Ordinary Shares  of £1
each are held by the Buyer.

        The Seller has agreed to sell the Shares to the Buyer, and Buyer has agreed to
purchase the Shares from the Seller for the consideration and upon the terms of this
Agreement.

IT IS AGREED as follows:

1. INTERPRETATION

In this Agreement, unless the context otherwise requires:

(a) Ancillary Agreements means the Transitional Services Agreement, the
WAT/CMS License Agreement, and the Assignment of Big Charts Sales
MOU (each as defined in clause 3.2);

(b) Buyer's Group means the Buyer, any holding company from time to time of the
Buyer and any subsidiary from time to time of the Buyer or any such holding
company  (with holding company and subsidiary being construed in
accordance with Section 736 of the Companies Act 1985);

(c) Buyer Party means each member of the Buyer's Group which is a party to this
Agreement;

(d) Completion means completion of the sale and purchase of the Shares upon the
terms and the conditions of this Agreement;

(e) Seller's Group means the Seller, any holding company from time to time of the
Seller and any subsidiary from time to time of the Seller or any such holding
company;

(f) the headings are inserted for convenience only and shall not affect the
construction of this Agreement;

(g) any reference to a document in the agreed form is to the form of the relevant
document agreed between the parties and for the purpose of identification
initialled by each of them or on their behalf (in each case with such
amendments as may be agreed by or on behalf of the Seller and the Buyer).

2. SALE OF THE SHARES AND PRICE

2.1 The Seller shall sell, and the Buyer shall purchase, the Shares, on the terms that
the same covenants shall be deemed to be given by the Seller on Completion in
relation to the Shares as are implied under Part I of the Law of Property
(Miscellaneous Provisions) Act 1994 where a disposition is expressed to be made
with full title guarantee.  The Shares shall be sold free from all security interests,
options, equities, claims or other third party rights (including rights of pre-emption) of
any nature whatsoever, together with all rights attaching to them.

2.2 The total price payable by the Buyer to the Seller for the Shares shall be the sum
of US$1 (the Purchase Price).

3. COMPLETION

3.1 Completion shall be effected immediately after the signing of this Agreement.
The events referred to in the following provisions of this clause 3 shall take place on
or prior to Completion, and shall be deemed to be conditions to Completion (unless
waived in writing beforehand by the Seller, as regards the conditions set forth in
clause 3.3or the Buyer, as regards the conditions set forth in clause 3.2 ):

3.2 The Seller shall deliver (or cause to be delivered) to the Buyer the following:

(a) duly executed transfers into the name of the Buyer (or a member of the Buyer's
Group as its nominee) in respect of all of the Shares, together with the
appropriate share certificate(s) and a certified copy of any authority under
which such transfer is made;

(b) all such other documents (including any necessary waivers or consents) as may be
required to enable the Buyer (or a member of the Buyer's Group as its
nominee) to be registered as the holder(s) of the Shares;

(c) a letter of resignation, to take effect upon Completion, in the agreed form duly
executed by each of Joan Platt, Larry Kramer and Bill Bishop  as directors of
the Company;

(d) a counterpart original of an agreement relating to the provision of transitional
services by the Seller to the Company in the agreed form between the Seller
and the Company, duly executed by the Seller (the Transitional Services
Agreement);

(e) a counterpart original of a licence agreement relating to the licensing of
WAT/CMS in the agreed form between the Seller and the Company duly
executed by the Seller (the WAT/CMS License Agreement); and

(f) a counterpart original of an assignment of the Revised Memorandum of
Understanding between the Seller and the Company dated October 4th, 2001
(the Big Charts Sales MOU)  in the agreed form duly executed by the  the
Seller (the Assignment of the Big Charts Sales MOU).

3.3     The Buyer and/or each Buyer Party shall deliver (or cause to be delivered) to
the Seller the following:

(a)     a counterpart original of Transitional Services Agreement duly executed by
the Company;

(b)     a counterpart original of the WAT/CMS License Agreement duly executed by
the Company; and

(c)     a counterpart original of the Assignment of the Big Charts Sales MOU duly
executed by the Company and Financial Times Information Ltd.

3.4     The parties shall procure that resolutions of the Board of Directors of the
Company are passed by which the following business is transacted:

(a)     the registration (subject to their being duly stamped) of the transfer in respect
of the Shares referred to in clause 3.2 is approved; and

(b)     the resignations referred to in clause 3.2(c) are accepted and the Articles of
Association of the Company are amended with regard to the number of directors and
the appointment and removal of directors.

3.5             The Buyer shall, in satisfaction of its obligations under clause 2.2, pay
the Purchase Price in cash at Completion.

4. POST COMPLETION UNDERTAKINGS

4.1 The Buyer and each of the Buyer Parties, if applicable, agrees that, as soon as
practicable and in any event within 90 days of  Completion, it will cease the use or
display of any trade or service marks, trade or service names, domain names or logos
containing the words 'MarketWatch' or any confusingly similar mark, name or logo,
except to the extent that this period may be extended with the prior written consent of
Seller at its sole discretion.  The Seller accepts that the Buyer and the Company may
use the name 'FT Markets' or, subject to the foregoing sentence,  a similar name.

4.2 To the extent that this has not already been done pursuant to Clause 2.6(b) of the
JV Agreement the Seller agrees that it shall transfer to the Buyer's Group as soon as
practicable following Completion all domain names it has registered which comprise
or include the names 'FT' or 'Financial Times' including without limitation
'ftmarketwatch.com', 'ftmarketwatch.net', 'ftmarketwatch.org' and
'ftmarketwatch.co.uk.' Buyer shall pay all costs and fees associated with the
foregoing transfer.

5. WARRANTIES

5.1 The Seller represents and warrants to the Buyer as follows:

(a) the Seller has obtained all corporate authorisations and all other applicable
governmental, statutory, regulatory or other consents, licences, authorisations,
waivers or exemptions required to empower it to enter into and perform its
obligations under this Agreement and the Ancillary Agreements; and

(b) all of the Shares are fully-paid or properly credited as fully-paid and the Seller is
the sole legal and beneficial owner of them free from all security interests,
options, equities, claims or other third party rights (including rights of
pre-emption) of any nature whatsoever.

5.2 The Seller acknowledges that the Buyer has entered into this Agreement and the
Ancillary Agreements in reliance upon the warranties contained in clause 5.1.

5.3 Except as regards the Buyer's and each Buyer Party's representations and
warranties in clause 5.4, and except for fraud and deliberate malfeasance, the Seller
agrees to waive the benefit of all rights (if any) which the Seller may have against the
Company, or any present or former officer or employee of the Company, on whom
the Seller may have relied in agreeing to any term of this Agreement and the Seller
undertakes not to make any claim in respect of such reliance.

5.4 The Buyer and each Buyer Party represents and warrants to the Seller as follows:

(a) it has obtained all corporate authorisations and all other applicable governmental,
statutory, regulatory or other consents, licences, authorisations, waivers or
exemptions required to empower it to enter into and perform its obligations
under this Agreement and the Ancillary Agreements to which it is a party;

(b) the Company has obtained all corporate authorisations and all other applicable
governmental, statutory, regulatory or other consents, licences, authorisations,
waivers or exemptions required to empower it to enter into and perform its
obligations under the Ancillary Agreements to which it is a party; and

(c) there is no agreement (whether in writing or otherwise) or any present intention or
negotiations by or on behalf of the Buyer or any member of Buyer's Group, to
issue, transfer or otherwise dispose of any equity interest in the Company, or
transfer or otherwise dispose of all or substantially all of the assets of the
Company, to a third party.

5.5 The Buyer and each Buyer Party acknowledges that the Seller has entered into this
Agreement and the Ancillary Agreements in reliance upon the warranties contained in
clause 5.4.

5.6 Except as regards the Seller's representations and warranties contained in clause
5.1 and except for fraud and deliberate malfeasance, the Buyer and each member of
the Buyer's Group that is a party to this Agreement agrees to waive the benefit of all
rights (if any) which it may have against the Seller or any member of the Seller's
Group or any present or former officer or employee of the Seller or any member of
the Seller's Group on whom it may have relied in agreeing to any term of this
Agreement and undertakes not to make any claim in respect of such reliance.

5.7 Each of the warranties in this clause 5 shall be construed as a separate warranty
and shall not be limited or restricted by reference to or inference from the terms of the
other warranty or any other term of this Agreement.

6. ENTIRE AGREEMENT

This Agreement, the Transitional Services Agreement, the WAT/CMS License
Agreement and the Assignment of Big Charts Sales together constitute the entire
agreement and understanding between the parties in connection with the sale and
purchase of the Shares and the transactions contemplated hereunder and thereunder.
None of the parties has entered into this Agreement or the Ancillary Agreements in
reliance upon any representation, warranty or undertaking which is not set out or
referred to in this Agreement or the Ancillary Agreements.

7. VARIATION

7.1 No variation of this Agreement (or of any of the documents referred to in this
Agreement) shall be valid unless it is in writing and signed by or on behalf of each of
the parties to it.  The expression "variation" shall include any variation, supplement,
deletion or replacement however effected.

7.2 Unless expressly agreed, no variation shall constitute a general waiver of any
provisions of this Agreement, nor shall it affect any rights, obligations or liabilities
under or pursuant to this Agreement which have already accrued up to the date of
variation, and the rights and obligations of the parties under or pursuant to this
Agreement shall remain in full force and effect, except and only to the extent that they
are so varied.

8. ANNOUNCEMENTS

No announcement or circular in connection with the existence or the subject matter of
this Agreement shall be made or issued by or on behalf of the Seller or the Buyer
without the prior written approval of the other, (such approval not to be unreasonably
withheld or delayed) during any period prior to or within three (3) months after
Completion.  This shall not affect any announcement or circular required by law or
the rules of any stock exchange.

9. COSTS

9.1 Subject to 9.2 and as expressly provided in 4.2 and 13.2, each of the parties shall
pay its own costs (being liabilities, losses, damages, costs (including legal costs) and
expenses (including taxation) in each case of any nature whatsoever) incurred in
connection with the negotiation, preparation and implementation of this Agreement.

9.2 The Buyer shall bear all stamp or other documentary or transaction duties and any
other transfer taxes arising as a result or in consequence of this Agreement or of its
implementation.

10. SEVERABILITY

If any provision of this Agreement is held to be invalid or unenforceable, then such
provision shall (so far as it is invalid or unenforceable) be given no effect and shall be
deemed not to be included in this Agreement but without invalidating any of the
remaining provisions of this Agreement.  The parties shall then use all reasonable
endeavours to replace the invalid or unenforceable provisions by a valid and
enforceable substitute provision the effect of which is as close as possible to the
intended effect of the invalid or unenforceable provision.

11. NOTICES

11.1 Any notice or other communication to be given by one party to the other party
under, or in connection with, this Agreement shall be in writing and signed by or on
behalf of the party giving it.  It shall be served by sending it by fax to the number set
out in clause 11.2, or delivering it by hand, or sending it by pre-paid recorded
delivery, special delivery or registered post, to the address set out in clause 11.2 and
in each case marked for the attention of the relevant party set out in clause 11.2 (or as
otherwise notified from time to time in accordance with the provisions of this
clause 11).  Any notice so served by hand, fax or post shall be deemed to have been
duly given:

(a) in the case of delivery by hand, when delivered;

(b) in the case of fax, at the time of transmission;

(c) in the case of prepaid recorded delivery, special delivery or registered post, at 10
a.m. on the second business day following the date of posting.
provided that in each case where delivery by hand or by fax occurs after 6pm on a
business day or on a day which is not a business day, service shall be deemed to occur
at 9 a.m. on the next following business day.
References to time and business days in this clause 11 are to local time and business
days in the country of the addressee.

11.2 The addresses and fax numbers of the parties for the purpose of clause 11.1
are as follows:

Seller

Address: MarketWatch.com, Inc., 825 Battery Street, San Francisco, CA 94111

Fax: 415-392-2133

For the attention of: William Bishop and Terrie Prescott

Buyer

Address:  FT.com, 37 - 45 Paul Street, London EC2A 4LS

Fax:  (0)20 7825 7771

For the attention of:  Mr Zach Leonard

11.3 A party may notify the other party to this Agreement of a change to its name,
relevant addressee, address or fax number for the purposes of this clause 11, provided
that, such notice shall only be effective on:

(a) the date specified in the notice as the date on which the change is to take place;  or

(b) if no date is specified or the date specified is less than five business days after the
date on which notice is given, the date following five business days after
notice of any change has been given.

12. WAIVERS/BUYER'S AND SELLER'S RIGHTS AND REMEDIES

12.1 No failure or delay by either of the parties in exercising any right or remedy
provided by law under or pursuant to this Agreement shall impair such right or
remedy or operate or be construed as a waiver or variation of it or preclude its
exercise at any subsequent time and no single or partial exercise of any such right or
remedy shall preclude any other or further exercise of it or the exercise of any other
right or remedy.

12.2 The rights and remedies of the parties under or pursuant to this Agreement are
cumulative, may be exercised as often as such party considers appropriate and are in
addition to its rights and remedies under general law.

12.3 The rights and remedies of either of the parties under this Agreement shall not
be affected, and the parties' respective liabilities under this Agreement shall not be
released, discharged or impaired, by (i) Completion, (ii) subject to compliance with
the notice requirements in clause 11, the expiry of any limitation period prescribed by
law, or (iii) any event or matter whatsoever, other than a specific and duly authorised
written waiver or release by the other party.

13. FURTHER ASSURANCE

13.1 The parties agree to perform (or procure the performance of) all further acts
and things, and execute and deliver (or procure the execution and delivery of) such
further documents, as may be required by law or as the other party may reasonably
require, whether on or after Completion, to implement and/or give effect to this
Agreement and the transactions contemplated by it and for the purpose of vesting in
the Buyer the Shares to be transferred to it  pursuant to the provisions of  this
Agreement.

13.2 The Buyer and each Buyer Party  agree that each shall procure that there is
made available to the Seller  at such time(s) and place(s) as  party may reasonably
direct all information in the possession or under the control of  the Buyer or any
Buyer Party  which  Seller  or its auditors may from time to time reasonably require,
whether before or after Completion, in relation to the business and affairs of the
Company.  The Seller shall cooperate reasonably with the Company and the Buyer's
Group on all tax matters including without limitation future tax filings, but only to the
extent there is no adverse affect on Seller's tax position or its tax expenses, and
provided that Company or Buyer's Group, as the case may be, reimburse Seller for all
reasonable out-of-pocket expenses and costs incurred in connection herewith.

14. NO RIGHTS UNDER CONTRACTS (RIGHTS OF THIRD PARTIES) ACT 1999

A person who is not a party to this Agreement shall have no right under the Contracts
(Rights of Third Parties) Act 1999 to enforce any of its terms.

15. CONFLICT WITH JV AGREEMENT

To the extent, if any, that this Agreement is in conflict with the provisions of the JV
Agreement, the provisions of this Agreement shall prevail.  To the extent that the
implementation and execution of this Agreement and the sale and purchase of the
Shares is inconsistent with any provision of the JV Agreement such provision is
hereby amended pro tanto.

16. COUNTERPARTS  

This Agreement may be executed in any number of counterparts and any party hereto
may execute any such counterpart, each of which when executed and delivered shall
be deemed to be an original and all of which counterparts taken together shall
constitute but one and the same instrument.  This Agreement shall become binding
when one or more counterparts taken together shall have been executed and delivered
by all of the parties.  It shall not be necessary in making proof of this Agreement or
any counterpart hereof to produce or account for any of the other counterparts.

17. GOVERNING LAW

This Agreement and the relationship between the parties shall be governed by, and
interpreted in accordance with, English law.

[The remainder of this page has been left intentionally blank.]

AS WITNESS this Agreement has been signed on behalf of the parties the day and year
first before written.

SIGNED by Joan P. Platt

for and on behalf of

MARKETWATCH.COM, INC.  

/s/ JOAN P. PLATT

SIGNED by David Colville

for and on behalf of 

PEARSON INTERNATIONAL FINANCE LTD

/s/ DAVID COLVILLE

SIGNED by Andrew Gowers

for and on behalf of 

FINANCIAL TIMES GROUP LTD

/s/ ANDREW GOWERS

SIGNED by David Colville

for and on behalf of 

PEARSON INTERNET HOLDINGS BV 

in the presence of:  

/s/ DAVID COLVILLE

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