Document:

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                                                                   EXHIBIT 10.32

                              EMPLOYMENT AGREEMENT

                  EMPLOYMENT AGREEMENT dated as of March 1, 2000 (the
"Effective Date") between True North Communications Inc., a Delaware
corporation (the "Company"), and Kevin Smith (the "Executive").

                  WHEREAS, the Company is a global communications holding
company with ownership interests in subsidiaries, affiliates and joint
ventures that are engaged in the advertising agency business, the multimedia
production business, the business of planning and buying of media time and
space and related businesses (the Company and the subsidiaries, affiliates
and joint ventures in which it from time to time has equity interests are
hereinafter referred to collectively as the "True North Group"); and

                  WHEREAS, the Company and the Executive desire to enter into
this Agreement to provide for the employment of the Executive by the Company,
upon the terms and subject to the conditions set forth herein.

                  NOW, THEREFORE, in consideration of the premises and the
mutual agreements contained herein, the parties hereby agree as follows:

                  1. EMPLOYMENT. The Company hereby employs the Executive and
the Executive hereby agrees to be employed by the Company upon the terms and
subject to the conditions contained in this Agreement. The initial term of
employment of the Executive by the Company pursuant to this Agreement (the
"Initial Term") shall commence on the Effective Date and, unless earlier
terminated, shall end on December 31, 2002; provided that the term of this
Agreement shall automatically be extended for three additional years as of
the day immediately following the end of the Initial Term and as of the day
immediately following the end of each subsequent three-year extended term
hereof unless the Company shall have terminated the automatic extension
provisions of this sentence by giving written notice to the Executive at
least 30 days prior to the then applicable termination date. (The Initial
Term and any extension of the term of this Agreement pursuant to this Section
1 are collectively referred to herein as the "Employment Period.")

                  2. POSITION AND DUTIES. As of the Effective Date, the
Executive's title shall be Executive Vice President, Chief Financial Officer
and he shall report directly to the Company's Chief Executive Officer (the
"CEO"). The Executive shall have the authority, duties and responsibilities
commensurate with his position and title (at the relevant time) and such
other duties and responsibilities (not inconsistent with his position) as are
assigned to him from time to time by the CEO or the Board of Directors of the
Company (the "Board"). During the Employment Period, the Executive shall
perform faithfully and loyally and to the best of the Executive's abilities
his duties hereunder, shall devote his full business time, attention and
efforts to the affairs of the True North Group and shall use his reasonable
best efforts to promote the

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interests of the Company. Notwithstanding the foregoing, the Executive may
engage in charitable, civic or community activities, provided that they do
not interfere with the performance of the Executive's duties hereunder.

                  3.       COMPENSATION.

                  (a) ANNUAL BASE SALARY. The Company shall pay to the
Executive an annual base salary at the rate of $360,000 per annum in
accordance with the Company's regular payroll practices. The annual base
salary shall be reviewed periodically in accordance with guidelines
applicable to the Company's senior executives generally.

                  (b) INCENTIVE COMPENSATION. During the Employment Period, the
Executive shall be entitled to participate in the Company's Executive
Compensation Program, as such Program applies to similarly situated senior
executives and as such Program may be amended from time to time.

                  (c) OTHER BENEFITS. During the Employment Period, the
Executive shall be entitled to participate in the Company's employee benefit
plans and programs and fringe benefits that are generally available to senior
executives of the Company from time to time, including, but not to the extent
resulting in duplicative benefits, the benefit plans and programs and fringe
benefit arrangements generally made available to members of the Management
Executive Committee of the Company (or any successor management governing
committee).

                  (d) EXPENSE REIMBURSEMENT. During the Employment Period, the
Company shall reimburse the Executive for all proper expenses incurred by him in
the performance of his duties hereunder in accordance with the Company's
policies and procedures for senior executives. The Executive shall submit
appropriate invoices for all such expenses.

                  4.  TERMINATION OF EMPLOYMENT PERIOD.

                  (a) QUALIFYING TERMINATION. For purposes of this Agreement,
"Qualifying Termination" means the occurrence of any of the following events:
(i) termination of the Executive's employment by the Company without Cause
(as defined in subsection (b) below) during the Employment Period, (ii)
expiration of this Agreement at the end of the Initial Term or at the end of
any extension of the term hereof pursuant to a written notice given by the
Company to the Executive in accordance with Section 1 hereof, (iii)
termination of the Executive's employment by the Company on account of the
Executive having become unable (as determined by the Company in good faith)
to perform regularly his duties hereunder by reason of illness or incapacity
for a period of more than three consecutive months (termination for
"Disability"), (iv) termination of the Executive's employment on account of
the Executive's death, or (v) termination of the Executive's employment by
the Executive due to and within 60 days of the occurrence, without the
Executive's consent, of any of the following events: (1) any change or
changes in the Executive's duties and responsibilities that, taken as a
whole, result in a material diminution of the Executive's duties and
responsibilities, (2) a material breach of the Company's obligations set
forth in this Agreement, (3) a decrease in the Executive's base salary, or
(4) any

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requirement of the Company that the location where the Executive is based be
materially changed.

For purposes of this Agreement, an isolated, insubstantial and inadvertent
action taken by the Company in good faith and which is remedied by the
Company promptly (the later of 60 days or as soon as reasonably practicable)
after receipt of written notice thereof given by the Executive shall not
constitute a basis for a Qualifying Termination.

                  (b) DEFINITION OF CAUSE. The Company may terminate the
Executive's employment immediately for "Cause" if, in the reasonable
determination of the Board, the Compensation Committee of the Board, or the
CEO, as set forth in a writing setting forth in reasonable detail the reasons
for such termination, (i) the Executive engages in conduct that violates
significant policies of the Company; (ii) the Executive fails to perform the
essential functions of his job (except for a failure resulting from a bona
fide illness or incapacity) or fails to carry out the CEO's or the Board's
reasonable directions with respect to material duties; (iii) the Executive
engages in embezzlement or misappropriation of corporate funds or other acts
of fraud, dishonesty or self-dealing, or commits a felony or any significant
violation of any material statutory or common law duty of loyalty to the
Company; or (iv) the Executive breaches a material provision of this
Agreement (including, but not limited to, the non-compete, non-solicitation,
confidentiality, or non-disparagement provisions in Sections 7 and 8).

                  5.       CONSEQUENCES OF TERMINATION OF EMPLOYMENT PERIOD.

                  (a)      BENEFITS UPON TERMINATION. If the Employment Period
terminates for any reason, the Executive (or the Executive's executor,
administrator or other legal representative, as the case may be) shall be
entitled to receive the following benefits:

                  (i) within 30 days after the amount in question is reasonably
         determinable (1) base salary payable through the date of termination of
         employment, (2) unpaid annual incentive compensation for the calendar
         year immediately preceding the date of such termination (unless such
         termination is for Cause, as defined in Section 4(b) above), and (3)
         reimbursement of proper expenses incurred through the date of such
         termination; and

                  (ii) participation (by the Executive or the Executive's
         qualified dependents, as the case may be) in all other applicable
         benefit plans or programs in accordance with the provisions thereof
         applicable to terminated employees (or their qualified dependents, as
         the case may be).

                  (b) ADDITIONAL BENEFITS UPON QUALIFYING TERMINATION. If the
Employment Period terminates after the occurrence of a Qualifying Termination
(as defined in Section 4(a)), the Executive (or the Executive's executor,
administrator or other legal representative, as the case may be) shall be
entitled to receive the following additional benefits:

                  (i) within 30 days after the amount in question is reasonably
         determinable, annual incentive compensation for the calendar year in
         which such termination shall have

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         occurred, prorated through the date of such termination based on actual
         results of operations for such full calendar year; and

                  (ii)     if the Qualifying Termination is for any reason other
         than death or Disability:

                  (A)      all stock options and restricted stock granted to the
                           Executive by the Company on or after the Effective
                           Date then held by the Executive shall on the date of
                           such termination be 100% vested;

                  (B)      subject to the last sentence of this Section 5(b),
                           for a period of 24 months commencing on the day
                           immediately following the date of termination of the
                           employment of the Executive (the "Severance Period"),
                           the Executive shall be entitled to receive (1) base
                           salary, at the rate payable as of the date of such
                           termination, payable in accordance with the Company's
                           normal payroll policies and (2) annual incentive
                           compensation at the rate of 50% of base salary; and

                  (C)      subject to the last sentence of this Section 5(b),
                           during the Severance Period, the Executive shall be
                           entitled to participate in life insurance, medical
                           and dental benefits on terms no less favorable than
                           on the termination date, subject to legal
                           restrictions and to modifications of general
                           application to all similarly situated employees; and

                  (iii) each stock option granted to the Executive by the
         Company on or after the Effective Date then held by the Executive shall
         be exercisable to the extent it is vested at the date of termination by
         the Executive or the Executive's executor, administrator or other legal
         representative, as the case may be, for up to three years after the
         date of termination, but in no case beyond a date 10 years following
         the date of grant of such option.

As a condition to the receipt of the severance benefits described in
subparagraphs (ii)(B) and (ii)(C) above, the Company reserves the right in
accordance with the standard Company severance policy to require the Executive
to sign a standard separation agreement, containing a general release of claims.

                  (c) TERMINATION AFTER A CHANGE IN CONTROL. If the Executive
incurs a Qualifying Termination within two years of the occurrence of a
"Change in Control" under and as defined in the Company's Asset Protection
Plan (or a similar replacement plan providing severance benefits to Company
employees after a change in control), then (i) the benefits payable to the
Executive pursuant to Section 5(b)(ii)(B)(1) and (2) above upon such
Qualifying Termination, if any, shall be paid to the Executive in one lump
sum within 60 days of such Qualifying Termination, and (ii) the benefits
payable to the Executive pursuant to Section 5(b)(i) above upon such
Qualifying Termination, if any, shall be paid to the Executive in one lump
sum within 30 days after the amount in question is reasonably determinable.
If mutually agreed upon between the Executive and the Company, these lump-sum
payments shall be reduced to the extent necessary to maximize the total
after-tax benefit to the Executive, after taking into account all applicable
local state, and federal income and excise taxes, including any applicable
excise tax imposed under Section 4999 of the Internal Revenue Code of 1986,
as amended.

                  6. FEDERAL AND STATE WITHHOLDING. The Company shall deduct
from the amounts payable to the Executive pursuant to this Agreement the amount
of all required federal and state withholding taxes in accordance with the
Executive's Form W-4 on file with the Company and all applicable social security
and Medicare taxes.

                  7.  NONCOMPETITION; NONSOLICITATION; CONFIDENTIALITY.

                  (a) COVENANT NOT TO COMPETE. The Executive acknowledges that
in the course of employment with the Company pursuant to this Agreement, the
Executive will become

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familiar with the Confidential Information (as defined below) of the Company
and its subsidiaries, affiliates and clients, and that the Executive's
services will be of special, unique and extraordinary value to the Company.
Except with the prior written consent of the Board:

                  (i) during the Employment Period  the Executive
         shall not engage in any activities, whether as employer,
         proprietor, principal, partner, stockholder (other than the holder
         of 1% or less of the stock of a corporation the securities of which
         are traded on a securities exchange or in the over-the-counter
         market), director, officer, employee or otherwise, in competition
         with any business in which the True North Group is substantially
         engaged or proposed to be engaged; and

                  (ii) during the Employment Period (including the remainder of
         the then current three-year term of the Employment Period following the
         Executive's resignation or termination for "Cause") and any Severance
         Period the Executive shall not, directly or indirectly, either on the
         Executive's behalf or on behalf of any other person, firm or
         corporation:

                  (A)      solicit, call on, service or otherwise do business
                           with, or interfere in any way with the Company's
                           relationship with any account that is a client of the
                           True North Group at the time of the Executive's
                           termination, or that was a client of the True North
                           Group at any time within 12 months prior to the date
                           of such termination; provided that the foregoing
                           shall apply only to accounts with whom the Executive
                           had responsibilities for or learned Confidential
                           Information relating to within the one-year period
                           preceding the Executive's termination of employment
                           with the Company;

                  (B)      perform any services for any account described in (A)
                           above; or

                  (C)      recruit or solicit, or attempt to recruit or solicit,
                           the employment or consulting services of or hire or
                           employ or retain the employment or consulting
                           services of any person who is at such time or who was
                           at any time within 12 months immediately prior to
                           such time, an employee of the True North Group.

                  (b) CONFIDENTIAL INFORMATION AND TRADE SECRETS. The
Executive agrees that the Company has a protectable interest in Company
bidding information, trade secrets, client information, computer programs,
financial information and other confidential information (collectively, the
"Confidential Information"). The Executive shall not, at any time during the
Employment Period (except for the benefit of the Company within the scope of
the Executive's duties) or thereafter, make use of any nor divulge any
Confidential Information, except to the extent that such Confidential
Information becomes a matter of public record, is published in a newspaper,
magazine or other periodical available to the general public (other than as a
result of disclosure by the Executive) or as the Company may so authorize in
writing; and when the

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Executive shall cease to be employed by the Company, the Executive shall
surrender to the Company all Confidential Information and records and other
documents obtained by him or entrusted to the Executive during the course of
the Executive's employment hereunder (together with all copies thereof) which
pertain specifically to any of the businesses covered by the covenants in
Section 7(a)(i) or which were paid for by the Company; provided, however,
that the Executive may retain copies of such documents as necessary for the
Executive's personal records for federal income tax purposes. The Executive
also agrees that the Executive will not at any time (whether before or after
the termination of the Executive's employment with the Company) disclose to
anyone the economic terms of this Agreement, except to the Executive's
counsel, accountants and members of the Executive's immediate family.

                  (c)      SCOPE OF COVENANTS; REMEDIES. The following
provisions shall apply to the covenants of the Executive contained in this
Section:

                  (i) the covenants set forth in Sections 7(a)(i) and 7(a)(ii)
         shall apply within all territories in which the True North Group is
         actively engaged in the conduct of business during the Employment
         Period, including, without limitation, the territories in which
         customers are then being solicited;

                  (ii) the Executive expressly agrees and acknowledges that the
         covenants contained in Sections 7(a) and 7(b) are reasonable in all
         respects (including subject matter, time period and geography) and
         necessary because of the substantial and irreparable harm that would be
         caused to the Company by the Executive engaging in any of the
         prohibited activities contained in such Sections. The Executive
         expressly agrees and acknowledges that the covenants contained in this
         Agreement will not preclude the Executive from earning a livelihood,
         nor unreasonably limit the Executive's ability to earn a living, since
         the Executive has the ability and experience to engage in employment
         that will not breach or violate the covenants contained in this
         Agreement. Each party intends and agrees that if in any action before
         any court or agency legally empowered to enforce the covenants
         contained in Sections 7(a) and 7(b) any term, restriction, covenant or
         promise contained therein is found to be unreasonable and accordingly
         unenforceable, then such term, restriction, covenant or promise shall
         be deemed modified to the extent necessary to make it enforceable by
         such court or agency; and

                  (iii)    the covenants contained in Sections 7(a) and 7(b)
         shall survive the conclusion of the Executive's employment by the
         Company.

                  8. NONDISPARAGEMENT; COOPERATION. (a) The Executive shall
not, at any time during his employment with the Company or thereafter, make
any public or private statement to the news media, to any True North Group
competitor or client, or to any other individual or entity, if such statement
would disparage any of the True North Group, any of their respective
businesses or any director or officer of any of them or such businesses or
would have a deleterious effect upon the interests of any of such businesses
or the stockholders or other owners of any of them; provided, however, that
the Executive shall not be in breach of this restriction if such statements
consist solely of (i) private statements made to any officers, directors or

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employees of any of the True North Group by the Executive in the course of
carrying out his duties pursuant to this Agreement or, to the extent
applicable, his duties as a director or officer, or (ii) private statements
made to persons other than clients or competitors of any of the True North
Group (or their representatives) or members of the press or the financial
community that do not have a material adverse effect upon any of the True
North Group; and provided further that nothing contained in this Section 8(a)
or in any other provision of this Agreement shall preclude the Executive from
making any statement in good faith that is required by law, regulation or
order of any court or regulatory commission, department or agency.

                  (b) The Company shall not, at any time during the
Executive's employment with the Company or thereafter, authorize any person
to make, nor shall the Company condone the making of, any statement, publicly
or privately, which would disparage the Executive; provided, however, that
the Company shall not be in breach of this restriction if such statements
consist solely of (i) private statements made to any officers, directors or
employees of the True North Group or (ii) private statements made to persons
other than clients or competitors of any of the True North Group (or their
representatives) or members of the press or the financial community that do
not have a material adverse effect upon the Executive; and provided further
that nothing contained in this Section 8(b) or in any other provision of this
Agreement shall preclude any officer, director, employee, agent or other
representative of any of the True North Group from making any statement in
good faith which is required by any law, regulation or order of any court or
regulatory commission, department or agency.

                  9. ENFORCEMENT. The parties hereto agree that the Company
would be damaged irreparably in the event that any provision of Section 7 or
8 of this Agreement were not performed in accordance with its terms or were
otherwise breached and that money damages would be an inadequate remedy for
any such nonperformance or breach. Accordingly, the Company and its
successors or permitted assigns shall be entitled, in addition to other
rights and remedies existing in their favor, to an injunction or injunctions
to prevent any breach or threatened breach of any of such provisions and to
enforce such provisions specifically (without posting a bond or other
security). Each of the parties agrees that she or it will submit himself or
itself to the personal jurisdiction of the courts of the State of Illinois in
any action by the other party to enforce an arbitration award against him or
it or to obtain interim injunctive or other relief pending an arbitration
decision.

                  10. SURVIVAL. Sections 7, 8 and 9 of this Agreement shall
survive and continue in full force and effect in accordance with their
respective terms, notwithstanding any termination or expiration of the
Employment Period.

                  11. ARBITRATION. Any dispute or controversy between the
Company and the Executive, whether arising out of or relating to this
Agreement, the breach of this Agreement, or otherwise, shall be settled by
arbitration administered by the American Arbitration Association ("AAA") in
accordance with its Commercial Rules then in effect and judgment on the award
rendered by the arbitrator may be entered in any court having jurisdiction
thereof. Any arbitration shall be held before a single arbitrator who shall
be selected by mutual agreement of the Company and the Executive, unless the
parties are unable to agree to an arbitrator, in which

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case the arbitrator will be selected under the procedures of the AAA. The
arbitrator shall have the authority to award any remedy or relief that a
court of competent jurisdiction could order or grant, including, without
limitation, the issuance of an injunction. However, the Company may, at its
option without inconsistency with this arbitration provision, apply to any
court having jurisdiction over such dispute or controversy for the purpose of
seeking injunctive or other equitable relief to enforce Sections 7, 8 and 9
of this Agreement. Except as necessary in court proceedings to enforce this
arbitration provision or an award rendered hereunder, or to obtain interim
relief, neither a party nor an arbitrator may disclose the existence, content
or results of any arbitration hereunder without the prior written consent of
the Company and the Executive. The Company and the Executive acknowledge that
this Agreement evidences a transaction involving interstate commerce.
Notwithstanding any choice of law provision included in this Agreement, the
United States Federal Arbitration Act shall govern the interpretation and
enforcement of this arbitration provision.

                  12. NOTICE. All notices and other communications required
or permitted hereunder shall be in writing and shall be deemed to have been
duly given when personally delivered or five days after deposit in the United
States mail, certified and return receipt requested, postage prepaid,
addressed (a) if to the Executive, to the most recent address then shown on
the employment records of the Company, and if to the Company, to True North
Communications Inc., 101 East Erie Street, Chicago, Illinois 60611-2897,
Attention: General Counsel, or (b) to such other address as either party may
have furnished to the other in writing in accordance herewith, except that
notices of change of address shall be effective only upon receipt.

                  13. SEVERABILITY. Whenever possible, each provision of this
Agreement shall be interpreted in such manner as to be effective and valid
under applicable law, but if any provision of this Agreement is determined to
be invalid, illegal or unenforceable in any respect under applicable law or
rule in any jurisdiction, such invalidity, illegality or unenforceability
shall not affect the validity, legality or enforceability of any other
provision of this Agreement or the validity, legality or enforceability of
such provision in any other jurisdiction, but this Agreement shall be
reformed, construed and enforced in such jurisdiction as if such invalid,
illegal or unenforceable provision had never been contained herein.

                  14. ENTIRE AGREEMENT. This Agreement constitutes the entire
agreement and understanding between the parties with respect to the subject
matter hereof and supersedes and preempts any prior understandings,
agreements or representations by or between the parties, written or oral,
which may have related in any manner to the subject matter hereof.

                  15. SUCCESSORS AND ASSIGNS. This Agreement shall be
enforceable by the Executive and the Executive's heirs, executors,
administrators and legal representatives, and by the Company and its
successors and permitted assigns. Any successor or permitted assign of the
Company shall assume by instrument delivered to the Executive the liabilities
of the Company hereunder. This Agreement shall not be assigned by the Company
other than to a successor pursuant to a merger, consolidation or transfer of
all or substantially all of the capital stock or assets of the Company.

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                  16. GOVERNING LAW. This Agreement shall be governed by and
construed and enforced in accordance with the internal laws of the State of
Illinois without regard to principles of conflict of laws.

                  17. AMENDMENT AND WAIVER. The provisions of this Agreement
may be amended or waived only by the written agreement of the Company and the
Executive, and no course of conduct or failure or delay in enforcing the
provisions of this Agreement shall affect the validity, binding effect or
enforceability of this Agreement.

                  18. COUNTERPARTS. This Agreement may be executed in two
counterparts, each of which shall be deemed to be an original and both of
which together shall constitute one and the same instrument.

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

                             TRUE NORTH COMMUNICATIONS INC.

                             By:   /s/  Marilyn R. Seymann
                                --------------------------------------
                                      Marilyn R. Seymann,
                                      Chairman of the Compensation
                                      Committee of the Board of Directors

                             By:   /s/  David A. Bell
                                --------------------------------------
                                      David A. Bell,
                                      Chairman and Chief Executive Officer

                             EXECUTIVE
                                   /s/  Kevin Smith
                             ----------------------------------------
                                      Kevin Smith

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                                                                  EXHIBIT 10.17

              TERMINATION, SETTLEMENT AND MUTUAL RELEASE AGREEMENT

     This Termination, Settlement and Mutual Release Agreement (the "Termination
Agreement") is made and entered into as of the date of the last signature below
(the "Effective Date") between At Home Corporation (as successor-in-interest to
Excite, Inc.) a Delaware corporation (d/b/a "Excite@Home" or "Contract Party"),
located at 450 Broadway, Redwood City, CA 94063, and FairMarket, Inc., a
Delaware corporation ("FairMarket" or "Company"), located at 500 Unicorn Park
Drive, Woburn, MA 01801 (each a "Party", or jointly the "Parties").

                                    RECITALS

A.   Whereas, Contract Party and Company are parties to an Auction Services
     Agreement dated as of August 23, 1999 (the "Agreement") pursuant to which
     FairMarket has developed and maintains a co-branded version of the
     FairMarket Auction Services on behalf of Contract Party on an integrated
     basis with the Excite Network (capitalized terms used and not defined
     herein having the meanings specified in the Agreement).

B.   Whereas, the Parties desire to enter into a new arrangement to govern the
     relationship of the Parties and to terminate the Agreement.

Now, therefore, in consideration of the premises and for other good and valuable
consideration, which the parties acknowledge to be sufficient, the Parties agree
as follows:

1)   Contract Party and Company agree that the Agreement is hereby terminated
     effective as of the Effective Date, subject to the satisfaction of
     Company's and Contract Party's obligations set forth in Paragraphs 2, 3 and
     4 below.

2)   Separate from and in addition to its obligations under Sections 3 and 4, in
     accordance with the currently executed Auction Services Agreement, Company
     shall continue its obligation to purchase, and Contract Party agrees to
     provide, the $2.5 million of advertising services set forth in all
     currently executed insertion orders, namely the Excite@Home insertion order
     number 47960 in full satisfaction of the obligations of the parties set
     forth in Section 4 of the Agreement for the quarter ended December 31,
     2000. Such advertising services will be paid via credit by Contract Party,
     effective December 31, 2000, against the remaining uncredited $2.5 million
     of the "Withheld Amount" as defined in and pursuant to Section 4 of the
     Letter Agreement dated August 20, 1999.

3)   In addition, Company shall, separate from and in addition to its
     obligations under Sections 2 and 4, purchase and Contract Party agrees to
     provide, $500,000 of advertising services on or before December 31, 2000,
     such advertising services being described in Exhibit B hereto. The
     advertising services will run on the Excite Network, including, but not
     limited to, Excite@Home properties such as Excite, Communities, Webshots,
     and Blue Mountain Arts. Such $500,000 is non-refundable and will be paid by
     Company 30-days after the Effective Date of this Termination Agreement.

4)    In addition, Company shall, separate from and in addition to its
      obligations under Sections 2 and 3, pay to Contract Party of the
      non-refundable sum of Three Million Five Hundred Thousand Dollars
      (US$3,500,000) by way of wire transfer no later than Friday, December 29,
      2000. In consideration of this payment, Contract Party agrees to license
      to Company the "Licensed Data" as defined in and pursuant to the Email
      Data License Agreement attached as Exhibit A hereto, such agreement to be
      executed by each Party concurrently with the execution of this Termination
      Agreement.

5)    The payment and performance of the obligations set forth in Sections 2, 3
      and 4 are in full and complete satisfaction of all obligations of the
      Parties required to be paid or performed under the

<PAGE>

     Agreement on or before December 31, 2000. Upon the effective termination
     of the Agreement pursuant to Section 1, neither Party shall have any
     further obligation to the other pursuant to the Agreement.

6)   Each Party hereby releases and forever discharges the other from all
     obligations, liabilities, causes of action, claims or demands, whether
     known or unknown, that the other, its affiliates, subsidiaries, officers,
     directors, agents, employees or legal representatives may now have or that
     may subsequently accrue directly relating to or arising from the Agreement
     other than those relating to or arising from this Termination Agreement.
     Specifically, each Party agrees that the other Party has fulfilled all of
     its obligations under the Agreement required to be fulfilled on or before
     December 31, 2000 and Company acknowledges that the payment by Company
     outlined in Section 2 is for services fully rendered by Contract Party.

7)   The Parties expressly waive the provisions and protections of Section 1542
     of the California Code of Civil Procedure which provides as follows:

     a) A general release does not extend to claims which one party does not
        know or suspect to exist in his favor at the time of executing the
        release, which if known by him must have materially affected his
        settlement.

     b) The Parties expressly acknowledge and understand the significance,
        effect and consequence of a waiver of Section 1542 and hereby assume
        full responsibility for such a waiver.

8)   Contract Party acknowledges that FairMarket intends to publicly announce
     the existence and terms of this Termination Agreement and that FairMarket
     will be required to file this Termination Agreement as an exhibit to a
     report filed by it under the Securities Exchange Act of 1934, as amended,
     in accordance with the rules and regulations under such Act (or, if
     applicable, pursuant to the Securities Act of 1933, as amended, and the
     rules and regulations thereunder) or the rules of the Nasdaq. Contract
     Party hereby consents to such public announcement provided that FairMarket
     notifies Contract Party at least 24 hours in advance of such announcement
     and provides Contract Party with a reasonable opportunity to review the
     text of such announcement regarding the existence and terms of this
     Termination Agreement.

9)   Each person executing this Termination Agreement warrants and represents
     that he or she has the authority to bind the Party on whose behalf his or
     her signature appears. The Parties to this Termination Agreement
     acknowledge that they have read, and that they fully understand the terms
     of this Termination Agreement, and that they each have been advised of the
     legal effect and consequences of this Termination Agreement by their
     respective legal counsel.

10)  This Termination Agreement may be executed in counterparts, all of which
     together shall constitute one document. This Termination Agreement has been
     jointly drafted by the Parties and, as such, should not be construed or
     interpreted as if drafted by one Party or the other.

11)  This Termination Agreement, expressly supersedes all previous discussions,
     negotiations, understandings, or agreements, written or otherwise, between
     the Parties with respect to the subject matter of this Termination
     Agreement and shall be binding upon the Parties' successors and assigns.
     This Termination Agreement fully, completely and exclusively sets forth the
     agreement of the Parties as to the subject matter hereof and may only be
     amended in a writing executed by all Parties. This Termination Agreement
     shall be governed by the laws of the State of California. If any provision
     of this Termination Agreement is subsequently is held by to be
     unenforceable by a court or arbitrator, that provision shall be stricken
     from this Termination Agreement and the remaining provisions shall remain
     in full force and effect.

                                       2
<PAGE>

12)  In the event of any dispute between the Parties arising from or concerning
     in any manner the subject matter of this Termination Agreement, the Parties
     shall refer the dispute(s) to the American Arbitration Association for
     resolution through binding arbitration by a single arbitrator pursuant to
     the American Arbitration Association's rules applicable to commercial
     disputes. The arbitration shall be held in Redwood City, California, and
     the decision reached by such arbitrator shall be entered as a judgment in
     any court of competent jurisdiction.

     IN WITNESS HEREOF, each of the Parties has caused this Termination
Agreement to be executed by a duly authorized representative thereof as of the
day and year set forth below.

SIGNED BY:                                     SIGNED BY:
AT HOME CORPORATION                            FAIRMARKET, INC.

Signature: /s/ Byron W. Smith                  Signature: /s/ Eileen Rudden
           ------------------                                 -----------------

Type or print clearly:                         Type or print clearly:

Name: Byron W. Smith                           Name: Eileen Rudden
      --------------                                 -------------

Title: EVP, Consumer Broadband Svcs & Cmc      Title: CEO
       ----------------------------------             ---

Date: 12/28/00                                 Date 12/28/00
      --------                                      --------

                                       3
<PAGE>

                              TERMINATION AGREEMENT
                                    EXHIBIT A

                          EMAIL DATA LICENSE AGREEMENT

This Email Data License Agreement (the "Agreement") is entered into effective
this__________________ day of December 2000 (the "Effective Date") between
MatchLogic, Inc. with its principal place of business located at 7233 Church
Ranch Blvd., Westminster, Colorado 80021 ("Licensor") and FairMarket, Inc. a
Delaware corporation with its principal place of business at 500 Unicorn Drive,
Woburn, MA 01801 ("Licensee").

1.   INTERPRETATION. For purposes of this Agreement, "Licensed Data" shall have
     the meaning ascribed thereto in the attached Exhibit A, which is hereby
     incorporated by reference into this Agreement.

2.   LICENSES.

     a.   GRANT OF LICENSE. Licensor grants Licensee a nonexclusive, worldwide,
          perpetual license (without the right to sublicense) to use the
          Licensed Data in accordance with the terms and conditions of this
          Agreement to send up to three (3) email messages per month to each
          Licensed Data address for the purposes of Licensee's content creation
          and user acquisition and for the purposes of promotion and marketing
          of Licensee's products, activities, content or services (it being
          understood and agreed that users, products, activities, content and
          services of third parties will be deemed to be those of Licensee for
          purposes of this Agreement to the extent that the same relate to any
          web site developed, hosted and maintained by Licensee whether or not
          directly in the name of Licensee but only to the extent that any such
          users, products, activities, content and services are directly related
          to Licensee's business of providing ecommerce services and technology
          (such third parties being referred to below as "Customers")). Licensee
          may not use any part of the Licensed Data in email campaigns promoting
          the products or services of third parties (except as otherwise
          permitted under the preceding sentence). Any email messages sent using
          the Licensed Data shall be branded as messages from Licensee or as
          messages from Licensee and a Customer, and shall contain the footer
          and unsubscribe verbiage set forth in Exhibit A. Licensee shall be
          responsible for unsubscribing any end-user when requested to do so,
          and will ensure that its use of the Licensed Data meets the standards
          set forth in MatchLogic's publicly posted privacy policy.

     b.   RESTRICTIONS ON USE. Licensee agrees to use the Licensed Data only for
          the purposes set out above. Licensee shall not (i) use the Licensed
          Data for market research purposes (i.e., for purposes other than
          conducting the marketing and promotional activities described in
          Section 2(a) above.); (ii) permit any parent, subsidiaries, affiliated
          entities or third parties (other than third party contractors or
          agents retained by Licensee to store or use the Licensed Data to
          perform services for Licensee which, if performed by Licensee, would
          fall within the scope of the use permitted hereunder) to use the
          Licensed Data, directly or indirectly, provided that the uses
          permitted under Section 2(a) will not be deemed to be prohibited by
          this clause; or (iii) use the Licensed Data to send email messages on
          behalf of any third party or include any advertisement or promotion
          for any third party in any email message, except that Licensee may
          include messages from its Customers, suppliers and sponsors for the
          purpose of promoting Licensee's activities, products, content or
          services.

     c.   COPIES. Licensee, solely to enable it to use the Licensed Data in
          accordance with the terms and conditions of this Agreement, may make a
          reasonable number of copies of the Licensed Data (but in any event no
          more than 3 copies plus a reasonable number of copies for back-up

                                       4

<PAGE>

          and archiving purposes), provided that all such copies shall include
          Licensor's copyright and any other proprietary notices. Licensee shall
          have no other right to copy, in whole or in part, the Licensed Data.
          Any copies of the Licensed Data made by Licensee are the exclusive
          property of Licensor.

     d.   MODIFICATIONS. Licensee may alter or otherwise modify the Licensed
          Data, but Licensee acknowledges that Licensor shall not have any
          liability or responsibility that may result from Licensee's alteration
          or modification of the Licensed Data, and Licensee agrees to indemnify
          Licensor against any and all liability arising out of any such
          modification or alteration by Licensee.

     e.   MATERIAL TERMS AND CONDITIONS. Licensee specifically agrees that each
          of the terms and conditions of this Section 2 are material and that
          the breach of any term or condition of this Section 2 in any material
          respect shall constitute an Event of Default to which the provisions
          of Section 12 of this Agreement apply.

3.   GOOD BUSINESS PRACTICES. Each party will: (a) conduct business in a manner
     that reflects favorably at all times on the other party; (b) avoid
     deceptive, misleading or unethical practices that are or might be
     detrimental to the other party and the other party's products and services
     or the public; (c) make no false or misleading representations with regard
     to the other party or the other party's products or services; (d) make no
     representations, warranties or guarantees to customers with respect to the
     specifications, features or capabilities of the other party's products and
     services that are inconsistent with the literature distributed by the other
     party; (e) comply with all applicable laws and regulations in performing
     its duties under this Agreement and in any of its dealings with respect to
     the other party's products and services; and (f) comply with all aspects of
     its publicly posted privacy policy.

4.   LICENSOR OBLIGATIONS.

     a.   DELIVERY OF LICENSED DATA. Licensor shall deliver the Licensed Data to
          Licensee in a mutually agreed to format upon payment of the License
          Fee.

     b.   ACCURACY AND CORRECTIONS. Licensor shall use commercially reasonable
          efforts to ensure that all Licensed Data provided hereunder is true,
          current and accurate.

5.   LICENSE FEE.

     a.   IN GENERAL. In consideration for the license granted by Licensor under
          this Agreement, Licensee shall pay Licensor a fee as set forth in the
          attached Exhibit B (the "License Fee"), which is hereby incorporated
          by reference into this Agreement.

     b.   PAYMENT TERMS. The License Fee shall be due and payable in accordance
          with the payment schedule set forth in Exhibit B. All amounts not paid
          within ten (10) days of the due date shall bear interest at the rate
          of one and one-half percent (1.5%) per month, or at the highest rate
          allowed by law, whichever is less, from the date due until paid.

     c.   TAXES. All amounts payable by Licensee pursuant to this Agreement
          shall be exclusive of all excise, sales, use and other similar taxes
          imposed by any federal, provincial, municipal or other governmental
          authority (other than taxes on income), all of which taxes that are
          payable shall be paid by Licensee to Licensor or to a governmental
          authority as may be required by law.

                                       5

<PAGE>

     d.   NON-PAYMENT. In addition to the termination rights set out in Section
          12 of this Agreement, Licensor may terminate this Agreement if
          Licensee fails to pay any amount due hereunder and such non-payment
          remains uncured for five (5) business days following the receipt by
          Licensee of written notice of such non-payment.

6.   OWNERSHIP. Licensee and Licensor agree that Licensor owns all proprietary
     rights, including patent, copyright, trade secret, trademark and other
     proprietary rights, in and to the Licensed Data. Licensee agrees that it
     shall not transfer, assign, or sub-license all or any part of the rights
     granted to Licensee hereunder except as expressly permitted in this
     Agreement.

7.   CONFIDENTIAL INFORMATION. Licensee agrees that the Licensed Data contains
     proprietary information, including trade secrets, know-how and confidential
     information, that is the exclusive property of Licensor (the "Confidential
     Information"). Confidential Information shall include the terms of and the
     existence of this Agreement. During the period this Agreement is in effect
     and at all times after its termination, Licensee and its employees and
     agents shall maintain the confidentiality of this Confidential Information
     and not sell, license, publish, display, distribute, disclose or otherwise
     make available this Confidential Information to any third party nor use
     such Confidential Information except as authorized by this Agreement or as
     required by law, rule, regulation, or court order. Except as required by
     law, rule, regulation, or court order, Licensee shall not disclose any such
     Confidential Information other than to employees, agents and permitted
     contractors of Licensee who reasonably need to know such Confidential
     Information in connection with the exercise of rights or the performance of
     obligations under this Agreement without the prior written consent of
     Licensor. Notwithstanding the foregoing, Licensor acknowledges that, for
     the purpose of this Section 6, Confidential Information does not include
     the following information:

     a.   information which is in the public domain when it is received by or
          becomes known to Licensee or which subsequently enters the public
          domain through no fault of Licensee (but only after it enters the
          public domain);

     b.   information which is already known to Licensee at the time of its
          disclosure to Licensee by Licensor and is not known by Licensee to be
          the subject of an obligation of confidence of any kind;

     c.   information which is independently developed or received by Licensee
          in connection with its own business activities;

     d.   information which is received by Licensee without an obligation of
          confidence of any kind from a third party who Licensee had no reason
          to believe was not lawfully in possession of such information free of
          any obligation of confidence of any kind, but only until Licensee
          subsequently comes to have reason to believe that such information was
          subject to an obligation of confidence of any kind when originally
          received; and information which is not subject to an obligation of
          confidence of any kind when released, disclosed, made available or
          communicated by Licensor to a third party.

8.   WARRANTY. Licensor represents and warrants that it has all rights necessary
     to grant the license to the Licensed Data under this Agreement.

9.   DISCLAIMER OF ADDITIONAL WARRANTIES. EXCEPT AS EXPRESSLY PROVIDED IN THIS
     AGREEMENT, THE LICENSED DATA IS PROVIDED TO LICENSEE ON AN "AS IS" BASIS.
     EXCEPT AS EXPRESSLY PROVIDED IN THIS AGREEMENT, LICENSOR MAKES, AND
     LICENSEE RECEIVES, NO WARRANTIES, EXPRESS, IMPLIED, STATUTORY OR ALLEGEDLY
     EXTENDED IN ANY COMMUNICATION WITH LICENSEE. LICENSOR

                                       6
<PAGE>

     SPECIFICALLY DISCLAIMS ANY IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS
     FOR A PARTICULAR PUPOSE AND NONINFRINGEMENT. LICENSOR DOES NOT WARRANT THAT
     THE DATA WILL BE ERROR FREE.

     EXCEPT AS EXPRESSLY PROVIDED IN THIS AGREEMENT, LICENSOR IS UNDER NO
     OBLIGATION AND SHALL NOT PROVIDE TO LICENSEE ANY TECHNICAL SUPPORT
     WHATSOEVER RELATED TO THIS DATA.

10.  NO CONSEQUENTIAL DAMAGES. Except for claims for brought pursuant to Section
     11, neither party shall be liable to the other party for indirect, special,
     incidental, exemplary or consequential damages (including, without
     limitation, lost profits) related to this Agreement or resulting from
     Licensee's use or inability to use the Data, arising from any cause of
     action whatsoever, including contract, warranty, strict liability, or
     negligence, even if such party has been notified of the possibility of such
     damages.

11.  LIMITATION ON RECOVERY. Except for claims for claims brought pursuant to
     Section 11, under no circumstances shall the liability of either party
     exceed the amounts paid by Licensee to Licensor under this Agreement.

12.      INDEMNIFICATION.

     a.   LICENSOR. Licensor shall indemnify and hold harmless Licensee from and
          against any claims, including reasonable legal fees and expenses, that
          the Licensed Data does or will infringe, violate or misappropriate any
          third party U.S. patent, copyright, trademark, trade secret or other
          intellectual property right, or that the Licensed Data, as delivered
          to Licensee, violates the privacy rights of any third party, and will
          pay all costs incurred, final judgments awarded or settlements entered
          into on such claims.

     b.   LICENSEE. Licensee shall indemnify and hold harmless Licensor from and
          against any claims, including reasonable legal fees and expenses,
          arising from Licensee's use of the Licensed Data, and will pay all
          costs incurred, final judgments awarded or settlements entered into on
          such claims.

     c.   CONDITIONS. The indemnifying party's indemnification obligations are
          conditioned upon the indemnified party: (i) giving prompt notice to
          the indemnifying party of the claim or action; (ii) granting to the
          indemnifying party sole control of the defense or settlement of the
          claim or action (except that the indemnified party's prior written
          approval will be required for any settlement that reasonably can be
          expected to require a material affirmative obligation of, result in
          any ongoing material liability to or materially prejudice or
          detrimentally impact the indemnified party in any way); and (iii)
          providing reasonable cooperation and, at the indemnifying party's
          request and expense (except for the value of the time of the
          indemnified party's employees), assistance in the defense or
          settlement of the claim or action.

     d.   THIS SECTION 11 STATES THE ENTIRE LIABILITY AND SOLE REMEDY IN THE
          EVENT OF ANY THIRD PARTY CLAIM ARISING OUT OF INFRINGEMENT OR
          MISAPPROPRIATION OF THIRD PARTY INTELLECTUAL PROPERTY OR OUT OF ANY OF
          THE OTHER RIGHTS, OBLIGATIONS OR LIABILITIES DESCRIBED IN THIS SECTION
          11.

13.       TERMINATION.

     a.   TERMINATION. In addition to the termination rights set out in
          subsection 12(b), each party shall have the right to terminate this
          Agreement and the license granted herein in the event the

                                       7
<PAGE>

          other party violates any material provision of this Agreement in a
          material respect (an "Event of Default") and fails to cure such Event
          of Default in accordance with subsection 12(b) hereof.

     b.   NOTICE AND OPPORTUNITY TO CURE. Upon the occurrence of an Event of
          Default, a party shall deliver to the defaulting party a written
          notice of its intention to terminate that identifies in detail the
          Event of Default (a "Default Notice"). If the Event of Default remains
          uncured for thirty (30) business days following the receipt by the
          defaulting party of the Default Notice, the party may terminate this
          Agreement and the license granted herein by delivering to the
          defaulting party a notice of termination that identifies the effective
          date of the termination, which date shall not be less than thirty (30)
          business days after the date of delivery of the Default Notice.

     c.   PROCEDURE. Within ten (10) business days after termination of this
          Agreement, Licensee shall return to Licensor, at Licensee's expense,
          the Licensed Data and all copies thereof, delete or destroy all other
          copies of the Licensed Data, and deliver to Licensor a certification,
          in writing signed by an officer of Licensee, that the Licensed Data
          have been returned, all copies deleted or destroyed, and its use
          discontinued.

14.  ASSIGNMENT. This Agreement shall enure to the benefit of, and shall be
     binding on, the parties and their respective successors and permitted
     assigns, provided that neither party may assign or subcontract this
     Agreement or any of its rights or obligations hereunder without the prior
     written consent of the other party. Notwithstanding the foregoing, either
     party may assign this Agreement in connection with a merger, consolidation
     or sale of all or substantially all of its assets.

15.  FORCE MAJEURE. Any delay in or failure of performance by either party under
     this Agreement will not be considered a breach of this Agreement and will
     be excused to the extent caused by any occurrence beyond the reasonable
     control of such party including, but not limited to, acts of God, power
     outages and governmental restrictions, laws or regulations; provided,
     however, that lack of funds shall not be deemed to be a reason beyond a
     party's reasonable control. The parties will promptly inform and consult
     with each other as to any of the above causes, which in their judgment may
     or could be the cause of a delay or failure in the performance of this
     Agreement, and shall use commercially reasonable efforts to remedy the
     delay or failure or implement an acceptable workaround which minimizes the
     effect of the delay or failure.

16.  DISPUTE RESOLUTION.

     a.   INJUNCTIVE RELIEF. The parties agree that any breach of either of the
          parties' obligations regarding Licensed Data, trademarks, service
          marks or trade names, or confidentiality may result in irreparable
          injury for which there is no adequate remedy at law. Therefore, in the
          event of any breach or threatened breach of a party's obligations
          regarding Licensed Data, trademarks, service marks or trade names or
          confidentiality, the aggrieved party will be entitled to seek
          equitable relief in addition to its other available legal remedies in
          a court of competent jurisdiction.

     b.   GOVERNING LAW. This Agreement shall be governed by and construed in
          accordance with the laws of Colorado. Each of the parties, (i)
          irrevocably submits to the non-exclusive jurisdiction of the courts of
          Colorado for the purpose of any suit, action or other proceeding
          arising out of this Agreement, the subject matter hereof or any of the
          transactions contemplated hereby brought by either party or its
          successors or assigns, (ii) hereby waives, and agrees not to assert,
          by way of motion, as a defense or otherwise, in any such suit, action
          or proceeding, to the fullest extent permitted by applicable law, that
          the suit, action or proceeding is brought in an inconvenient forum,
          that the venue or the suit, action or proceeding is improper, or that
          this Agreement, or the

                                       8
<PAGE>

          subject matter hereof or any of the transactions contemplated hereby
          may not be enforced in or by such courts, (iii) hereby waives the
          right to trial by jury of any such suit, action or proceeding, and
          (iv) hereby waives any right, claim, or entitlement to any punitive or
          exemplary damages whatsoever.

     c.   ATTORNEYS FEES. The prevailing party in any dispute to enforce the
          terms of this agreement shall be entitled to the recovery of
          reasonable attorneys fees and costs, notwithstanding the provisions of
          Section 10.

17.  NOTICES. Any notice under this Agreement will be in writing and delivered
     by personal delivery, express courier, confirmed facsimile, confirmed email
     or certified or registered mail, return receipt requested, and will be
     deemed given upon personal delivery, one (1) day after deposit with express
     courier, upon confirmation of receipt of facsimile or email or five (5)
     days after deposit in the mail. Notices will be sent to a party at its
     address set forth in this Agreement or such other address as that party may
     specify in writing pursuant to this Section 16.

18.  GENERAL PROVISIONS.

     a.   SEVERABILITY. If any provision of this Agreement is held invalid or
          unenforceable by any court of competent jurisdiction, the other
          provisions of this Agreement shall remain in full force and effect
          except to the extent that such invalid or unenforceable provision was
          material to the economic benefits of either party under this
          Agreement. Any provision of this Agreement held invalid or
          unenforceable only in part or degree shall remain in full force and
          effect to the extent not held invalid or unenforceable.

     b.   ENTIRE AGREEMENT AND MODIFICATION. This Agreement supersedes all prior
          agreements between the parties with respect to its subject matter and
          constitutes a complete and exclusive statement of the terms of the
          agreement between the parties with respect to its subject matter. This
          Agreement may not be amended except by a written agreement executed by
          the parties.

     c.   WAIVER. A waiver of any default, breach or non-compliance under this
          Agreement is not effective unless in writing and signed by the party
          to be bound by the waiver. No waiver shall be inferred from or implied
          by any failure to act or delay in acting by a party in respect of any
          default, breach, non-observance or by anything done or omitted to be
          done by another party. The waiver by a party of any default, breach or
          non-compliance under this Agreement shall not operate as a waiver of
          that party's rights under this Agreement in respect of any continuing
          or subsequent default, breach or non-compliance (whether of the same
          or any other nature).

     d.   PUBLICITY. Neither party shall disclose or permit the disclosure to
          any other person the existence of this Agreement or any of the
          transactions contemplated hereby unless such disclosure is approved in
          writing in advance by the other party or is required by any applicable
          law, regulation (including, but not limited to, stock exchange
          regulations) or legal process. Any public announcement or similar
          publicity with respect to this Agreement or the transactions
          contemplated hereby will be issued, if at all, at such time and in
          such manner as is agreed by the parties.

     e.   RELATIONSHIP OF THE PARTIES. Each of the parties are independent
          contractors. Nothing herein shall be construed to place the parties in
          a relationship of principal and agent, partners or joint venturers,
          and neither party shall have the power to obligate or bind the other
          party in any manner whatsoever.

     f.   COUNTERPARTS. This Agreement may be executed in counterparts, each of
          which will serve to evidence the parties' binding agreement.

                                       9
<PAGE>

<TABLE>
<CAPTION>

MATCHLOGIC, INC. ("Licensor")                                 FAIRMARKET, INC. ("Licensee")
<S>                                                           <C>

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

Name:                                                         Name:
      --------------------------------------                        --------------------------------------

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

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

</TABLE>

                                       10

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