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EXHIBIT 10.1

CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY WITH
THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE
OMITTED PORTIONS.

CONFIDENTIAL

DISTRIBUTION AGREEMENT

     This DISTRIBUTION AGREEMENT (this “Agreement”), effective as of June 30,
2004 (the “Effective Date”), is made and entered into by and between America
Online, Inc. (“AOL”), a Delaware corporation, with its principal offices at
22000 AOL Way, Dulles, Virginia 20166, on the one hand, and Homestore, Inc.
(“HS”), a Delaware corporation, with offices at 30700 Russell Ranch Road,
Westlake Village, California 91362, on the other hand. AOL and HS may be
referred to individually as a “Party” and collectively as the “Parties.”

INTRODUCTION

     AOL and Homestore.com, Inc. (f/k/a NetSelect, Inc.) entered into a
Distribution Agreement effective as of January 9, 2003 and expiring on the
Effective Date of this Agreement (the “Prior Agreement”). The Prior Agreement
will terminate in accordance with its terms as of the Effective Date. AOL and
HS each desires to renew and modify their existing relationship by entering
into a new mutually beneficial interactive marketing relationship in accordance
with the terms and conditions set forth in this Agreement. Capitalized terms
used but not otherwise defined in this Agreement shall be as defined on Exhibit
B, attached hereto and made a part hereof.

TERMS

1. DISTRIBUTION; PROGRAMMING

	 	1.1	 	Promotions.

	 	1.1.1	 	Promotion Plan. AOL shall provide HS with the Promotions set forth
on Exhibit A, attached hereto and made a part hereof (the
“Promotion Plan”), including Promotions in a real
estate-related channel or equivalent on the AOL Service,
Netscape.com, CompuServe Service and a real estate-related
screen on AOL CityGuide (collectively the “Real Estate
Channel”), as depicted for the AOL Properties in the screen
shots attached hereto as Exhibit G, which shall be subject to
the provisions of Section 1.4. HS acknowledges that the screen
shots for the AOL Service represent a new design for the Real
Estate Channel which has not yet been built and which will not
be fully launched until approximately [*] (the “Launch Date”).
From the Effective Date until the actual date of launch of
such new design (whether or not such date is on the Launch
Date), AOL shall continue to provide Promotions on the AOL
Service similar to those integrated Promotions provided by AOL
to HS pursuant to the Prior Agreement in the Real Estate
Channel and personal finance channel, with the exception of
the mortgages rates placements (the “Prelaunch Promotions”).
In the event that the new Real Estate Channel on the AOL
Service (or portions thereof) does not launch by the Launch
Date, and such delay is solely caused by AOL, then the Term
shall be automatically extended by a number of days equal to
the number of days by which the new Real Estate Channel is
launched after the Launch Date. In addition, to the extent
that AOL elects from time to time to provide HS with
additional promotions in the following areas (or successor or
replacement

	[*]	 	CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY
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	 	 	 	areas), or other locations as mutually agreed in writing by
the Parties (the “Additional Promotions”), such Additional
Promotions shall be considered to be Promotions for purposes
of this Agreement, including with respect to the definition
of [*] and Customized Site [*]: the AOL Classifieds, personal
finance and “living” channels or areas of each of the AOL
Properties, and the area on AOL.com that is primarily focused
on real estate. Except to the extent expressly described
herein, the exact form, placement and nature of the
Promotions shall be determined by AOL in its reasonable
editorial discretion. Any changes to the Promotion Plan
shall be made in writing and signed by both Parties prior to
implementation of such changes.
	 
	 	1.1.2	 	AOL Apartment Classifieds. HS shall deliver to
AOL HS Apartments Listings (“Delivered Apartments Listings”)
in accordance with the API provided to HS by AOL and otherwise
in accordance with AOL’s reasonable technical requirements.
AOL shall integrate such Delivered Apartments Listings into
the “Basic Listings” area for apartment searches or successor
or replacement area of the “Classifieds” service that is a
part of AOL Service (and, at AOL’s option and sole discretion,
a part of any or all of the other AOL Properties) (the “AOL
Classifieds”), so that relevant HS Apartments Listings are
served up to an end user performing a search for apartments
using AOL Classifieds. For each unique city/state in the
United States (as such cities are identified in the zip code
book of the U.S. Postal Service) (a “Unique City”) for which
there is a Delivered Apartments Listing, HS may, in accordance
with AOL’s technical specifications, designate one Delivered
Apartments Listing located within such Unique City to be
featured as a “premium” or equivalent listing in the AOL
Classifieds when an end user searches for apartment listings
within such Unique City, and AOL shall serve up such Delivered
Apartments Listing as a “premium” or equivalent listing of the
AOL Classifieds for that Unique City.
	 
	 	1.1.3	 	[*] Page Placements. AOL shall include a
presence for the Customized Site and/or Customized Programming
in the editorial featured content area of the [*] of the AOL
Service, for a minimum of [*] ([*]) real estate related [*].
AOL shall have the right to revise the real estate related
[*], provided however, that the Customized Site or Customized
Programming shall have presence for a selection of [*] that is
comparable to that in the [*] on the AOL Service as of the
Effective Date.

	 	1.2	 	[*] Floor. Failure to achieve any particular number of [*]
during the Term or any individual quarter therein shall not result
in a breach of this Agreement or any other liability to AOL
hereunder, except that in the event that AOL delivers less than [*]
([*]) [*] in any quarter during the Term, then, as HS’ sole remedy,
AOL shall provide HS with a credit against the next quarter’s
payment in the amount equal to the number of [*] constituting the
shortfall from [*] ([*]) multiplied by [*] Cents ($[*]), up to a
shortfall of [*] ([*]) [*] in any quarter, and [*] Cents ($[*]) per
[*] for a shortfall in excess of [*] ([*]) [*] in that quarter (the
“Shortfall Amount”); provided that if a shortfall occurs in the
final quarter of the Term, then AOL shall either provide HS with a
credit against payments owed to AOL (in the event HS owes any
amounts to AOL), or pay to HS cash equal to the Shortfall Amount.
The Parties agree that for purposes of this Section 1.2, the daily
average number of [*] for the dates from the Launch Date through [*]
shall be the number of daily [*] applied to each day from the
Effective Date through the Launch Date.
	 
	 	1.3	 	Upside Payments. For each Customized Site [*] delivered during the
following calendar quarters of the Agreement that is in excess of
the quarterly Customized Site [*] threshold (“[*]”) as set forth in
the table immediately below, HS shall pay to AOL the amount
indicated in the table for each such Customized Site [*] in excess
of the applicable threshold for such applicable quarter.

	[*]	 	CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY
WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
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     [*] [*] [*] [*] [*] [*] [*] [*]

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	 	1.4	 	Redesigns and Makegoods. AOL reserves the right to redesign
or modify the organization, structure, “look and feel,” navigation
and other elements of the AOL Network at any time. In the event
such modifications materially and adversely affect any specific
Promotion, or if such modifications cause AOL to be unable to
deliver any particular Promotion (each, a “Material Modification”),
then AOL will provide HS as soon as commercially reasonable, as its
sole remedy, a comparable promotional placement in a successor area
of the portion of the AOL Network that has been redesigned or
replaced, or other area that is substantially similar to the
redesigned or replaced area; provided, however, that in the event
such redesign or modification results in a substantial redesign of
the Real Estate Channel, such redesigned or replaced Real Estate
Channel is promoted as prominently as any other top level channel in
the standalone channel navigation strip on the AOL Service
(specifically excluding any non-immersive or a la carte versions of
the America Online brand service) such as Careers, Travel and
Health. Notwithstanding the foregoing, in the event that a redesign
of the search results pages described in Section 1.1.3 and in the
Promotion Plan results in no successor or substantially similar area
or portion on such search results pages (collectively with Material
Modifications, “Proposed Changes”), then AOL will provide HS as its
sole remedy with alternative placements on the AOL Network which
have a comparable overall value. AOL shall promptly provide written
notice to HS of (i) any Proposed Change, (ii) the proposed
comparable or alternative promotional placement(s), and (iii) the
Promotion or Promotions for which the proposed comparable or
alternative placement is a substitute. Within thirty (30) days of
AOL’s written notice, HS shall provide written notice to AOL of
either (i) its acceptance of the proposed comparable or alternative
promotional placement as a substitute Promotion, or (ii) its refusal
of the proposed comparable or alternative promotional placement,
together with a written statement of the reasons HS believes the
proposed placement is not a comparable or alternative placement. HS’
failure to so respond within thirty (30) days shall be deemed
acceptance. HS’ approval of a proposed comparable or alternative
placement shall not be unreasonably withheld. In no event will any
notice requirement, acceptance or rejection provided pursuant to
this Section 1.4 prohibit AOL from implementing any Proposed Change.
In the event that HS refuses a proposed comparable or alternative
promotional placement offered by AOL pursuant to this Section 1.4,
HS and AOL shall attempt, in good faith, to resolve the matter
informally within fifteen (15) days. In the event the Parties are
unable to resolve the matter informally, either Party may commence
the arbitration provisions of this Agreement; provided, however,
that any such dispute that is not presented to the Management
Committee and, if necessary, arbitration as provided in Section VII
of Exhibit D for final and binding resolution within ninety (90)
days of AOL’s written notice of the proposed promotional placement
shall be waived by HS.
	 
	 	1.5	 	Programming and Content.

	 	1.5.1	 	Content. The Promotions shall link only to the Customized Sites
and shall promote only the HS Services. The Customized Sites
and Customized Programming shall contain the Content described
on the Programming Plan,

	[*]	 	CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY
WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
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	 	 	 	attached hereto as Exhibit C (the “Programming Plan”), as
such Programming Plan may be updated from time to time by
mutual agreement of the Parties. HS shall have the right to
include any of its Content within the HS Services on the
Customized Sites consistent with this Agreement. Each
Promotion shall link to a portion of the Customized Sites
which is contextually relevant to the page on which the
Promotion appears and the Content of the Promotion. The
inclusion of any Content that is not within the HS Services
shall be subject to AOL’s prior written approval, which
approval shall not be unreasonably withheld. HS shall provide
Content that will meet the objectives set forth in the
Programming Plan, and, in AOL’s reasonable editorial
discretion, such Content shall be accurate, well-organized
and professional and shall comply with (i) AOL’s technical
specifications set forth in Exhibit E, attached hereto and
made a part hereof, and any additional or modified
specifications made available to HS that AOL deems necessary
and appropriate from time to time during the Term so long as
AOL consistently requires compliance with such standards from
similarly situated third parties, (ii) the terms of this
Agreement, and (iii) AOL’s then-generally acceptable policies
relating to advertising and promotions (as consistently
applied to similarly situated third parties and as have been
made available to HS). Notwithstanding anything to the
contrary in this Agreement, HS shall ensure that any Content
provided by HS pursuant to this Agreement (including, without
limitation, the Promotions, the Customized Programming and
the Customized Sites) does not directly promote, advertise,
or market any Interactive Service, and that the Promotions do
not directly promote, advertise, market or distribute any
products or services in any category in which AOL has an
exclusive relationship as identified on Exhibit H, attached
hereto and made a part hereof, as such list may be amended by
AOL from time to time; provided AOL shall not amend such
exhibit to include any of the HS Exclusive Services. HS
shall not refer to a pending Change of Control with a Change
of Control Party in any Promotions, Customized Programming or
on the Customized Site after the public announcement of a
letter of understanding, terms or agreement regarding such
pending Change of Control.

	 	1.5.2	 	HS Content and Site Management Obligations. HS
shall design, create, edit, manage, review, update (as
reasonably determined by HS and no less frequently than its
Generally Available Sites are updated), and maintain the
Customized Sites and other Licensed Content in a timely and
professional manner and in accordance with the terms of this
Agreement and shall use commercially reasonable efforts to
keep the Licensed Content current, accurate and well-organized
at all times during the Term. HS shall be responsible for any
hosting or communication costs associated with the Customized
Sites and Customized Programming, including, without
limitation, the costs associated with AOL’s direct cost of any
agreed-upon direct connections between the AOL Network and the
Customized Sites or Customized Programming.
	 
	 	1.5.3	 	Equality of Content. Subject to the other terms
and conditions of this Agreement, HS shall ensure that the
Licensed Content within the Customized Sites is substantially
the same as the Content then available on the comparable
Generally Available Sites in all material respects, including
without limitation, quality, breadth, depth, timeliness,
functionality, features, prices of products and services and
terms and conditions, unless otherwise required by this
Agreement (for example, if Content, tools or functionality
that HS would be required to include to comply with this
sentence violates another provision of this Agreement, HS
shall not provide such Content, tools or functionality on the
Customized Sites). In the event HS enters into an agreement
to provide Content relevant to the HS Services and not
available on the Generally Available Sites (“Custom Content”)
to any third party, HS shall provide AOL the opportunity to
obtain the

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	 	 	 	Custom Content on substantially the same terms as the third
party (including, without limitation, delivery of the Custom
Content to AOL at the same time the Custom Content is
delivered to the third party).

	 	1.6	 	Registration. AOL Users shall not be subject to a
registration process (or any similar process) in order to access and
use the Customized Programming or the Customized Sites unless
otherwise mutually agreed; provided, however, that AOL Users may be
subject to a registration process in order to use a specialized tool
or for specific opt-in features and functionality of the Customized
Sites. In the event that registration is required to access and use
the Customized Sites, any registration or similar process on the
Customized Sites shall be no more burdensome than any other
registration or similar process on the corresponding Generally
Available Site. During the Term and for the two (2) year period
after the expiration or termination thereof, HS shall allow AOL
Users to access and use a Generally Available Site on terms and
conditions no less favorable than the terms and conditions generally
available to other similarly situated users of such Generally
Available Site.
	 
	 	1.7	 	Member Benefits. HS will promote through the Customized
Sites any special or promotional offers made available by or on
behalf of HS through any Generally Available Site. The Parties
shall work together in good faith to promote, through the Customized
Sites and the AOL Network, special Content exclusively available to
AOL Users.
	 
	 	1.8	 	Compliance. In the event HS provides Content for the
Customized Programming and the Customized Sites that fails to
materially comply with Sections 1.5, 1.6, 2.5.1, 4.1, 4.2(a),
4.2(b), 4.2(c), or 4.3 of this Agreement (a “Material
Non-Compliance Event”), AOL shall: (a) give email notice to HS of
its non-compliance specifying the nature of the Material
Non-Compliance Event and the location of the non-complying Content
(if applicable and to the extent of AOL’s knowledge of the
location(s)); and (b) have the immediate right (in addition to any
other remedies available to AOL hereunder) to (i) decrease the
promotion it provides to HS hereunder solely on screens which
include or provide a link to such non-complying Content and/or (ii)
remove carriage of the Customized Programming and/or other Licensed
Content from the AOL Properties that are implicated by such
non-complying Content; in each case, until such time as HS corrects
its non-compliance. If HS does not cure its non-compliance during a
[*] ([*]) day period (or a [*] ([*]) day period in the event that
the non-compliance results from a modification to technical
requirements and cannot reasonably be cured in [*] days) beginning
the date on which AOL gives HS notice of its non-compliance as
provided in subsection (a) hereof, then the [*] Floor for the
relevant quarter will be reduced pro rata according to the time
period during which the non-compliance continues, including such [*]
([*]) or [*]([*]) day period, as applicable.

2. CROSS-PROMOTION

	 	2.1	 	Cooperation. Each Party shall cooperate with and reasonably
assist the other Party in supplying material for marketing and
promotional activities.
	 
	 	2.2	 	HS Promotion of Customized Sites and AOL.

	 	2.2.1	 	Offline Promotion. As provided in Exhibit F, in
its offline promotions HS will promote AOL and will promote
the availability of the Customized Sites through the AOL
Network.
	 
	 	2.2.2	 	Online Promotion. In the event that HS allows a third party
Interactive Service to purchase advertising for placement on
the Generally Available Sites as part of a cooperative
transaction whereby the parties thereto trade products or
services rather than cash, or as part of an affiliate or
bounty program, then HS will provide

	[*]	 	CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY
WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
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	 	 	 	AOL with the opportunity to purchase comparable online
promotion for the remaining Term of this Agreement and on
other terms and conditions that are no less favorable than
the proposed promotion with the third party Interactive
Service. HS shall provide AOL with ten (10) days prior
written notice of its intent to enter into such transaction
and shall specify all material terms of such transaction in
the written notice (other than those terms which HS is
prohibited from disclosing under any commercially reasonable
nondisclosure agreement or confidentiality provision that an
Interactive Service may have required prior to negotiating
the arrangements). In the event that AOL desires to purchase
the comparable promotions, AOL shall provide HS written
notice of its intent to participate within five (5) days of
HS’ notice. Thereafter, the parties will use their
commercially reasonable good faith efforts to enter into a
definitive agreement for the provision of such promotions. HS
shall be free to enter into an agreement with the third party
on terms no more favorable to the third party than those
contained in HS’ notice. This section shall not apply to
those matters covered by Section 2.5.

	 	2.3	 	AOL Promotion of Customized Sites and HS. At HS’s request
during the Term, AOL shall discuss with HS opportunities to include
HS in AOL promotional materials to the extent AOL includes any
similarly situated partners in such materials. The terms and
conditions of any such promotion shall be determined by the Parties
at the time of such promotion.
	 
	 	2.4	 	AOL Participation in Marketing or Promotional Opportunities.
In the event that HS enters into any transaction to promote or
market the products or services of any third party Interactive
Service, HS shall provide AOL with the opportunity to promote or
market the products or services of AOL in a comparable manner for
the remainder of the Term of this Agreement and on other terms and
conditions that are no less favorable than the proposed promotion of
the products and services of the third party Interactive Service.
HS shall provide AOL with notice ten (10) days after entering into
any such transaction and shall specify all material terms of such
transaction in the written notice (other than those terms which HS
is prohibited from disclosing under any commercially reasonable
nondisclosure agreement or confidentiality provision that the
Interactive Service may have required). In the event that AOL
desires to acquire comparable promotion or marketing from HS, AOL
shall provide HS written notice of its intent to participate within
five (5) days of HS’ notice. Thereafter the parties will use their
commercially reasonable good faith efforts to enter into a
definitive agreement for the provision of such promotions. In no
event shall Section 2.4 and Section 2.2.2 prohibit or limit HS from
entering into a distribution agreement or carriage agreement with an
Interactive Service pursuant to which HS provides its content to
such service even if as an ancillary part thereof HS promotes or
markets the services of such Interactive Service. This Section
shall not apply to matters covered by Section 2.5.
	 
	 	2.5	 	Use of AOL Tools

	 	2.5.1	 	Customized Sites. In the event that HS chooses
to integrate any third party tools, technologies or
functionality, other than any instant messaging product, on
any Customized Site, and AOL provides tools, technology or
functionality that are reasonably comparable to that available
from such third party, then HS shall negotiate in good faith
with AOL to determine terms and conditions for HS to use AOL’s
tools prior to HS negotiating with any third party regarding
the same. Notwithstanding the foregoing, in the event that HS
chooses to integrate any instant messaging tool on any
Customized Site, HS shall use, and AOL shall provide, “AOL
Instant MessengerTM” (“AIM”) or alternate AOL-designated
instant messaging tool. In the event that HS integrates one
or more third party’s tools, technologies and functionality on
any Customized Site to the extent permitted in

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	 	 	 	this Section 2.5.1, (i) HS shall be prohibited from
displaying any links to such third party web site or other
site displaying or distributing such third party’s tools,
technologies and functionality unless such links are to a
“cul-de-sac” site which (a) provides only the third party
tool’s functionality without further links to the third
party’s products or services and (b) has an HS Look and Feel,
and (ii) HS shall be prohibited from displaying any branding
for any third party Interactive Service in connection with
such tools, technologies, or functionality; provided,
however, that in the event that HS chooses to display any
branding for any third party’s tools, regardless of whether
such third party is an Interactive Service, HS shall remove
the third party’s tools and branding from the Customized
Sites upon AOL’s written notice to HS requesting such
removal.

	 	2.5.2	 	License to AOL Tools. To the extent AOL
provides HS with AOL Tools for inclusion on the Customized
Sites, AOL and HS shall enter into a license agreement, to be
mutually agreeable to both Parties, pursuant to which AOL will
license to HS such AOL Tools for use on the Customized Sites,
and upon mutual agreement of the Parties, the Generally
Available Sites, during the Term. In the event that either
Party seeks revenue from users of the Customized Sites or the
Generally Available Sites for such AOL tools, the Parties
shall negotiate in good faith to determine the revenue share
of any revenues derived therefrom.

3. ADVERTISING AND MERCHANDISING

	 	3.1	 	AOL Network Advertising Inventory. AOL owns all right, title
and interest in and to the advertising and promotional spaces within
the AOL Network including, without limitation, the screens
containing Customized Programming, and shall have the right to all
revenues therefrom. The specific advertising inventory within any
AOL forms or pages shall be as determined by AOL.
	 
	 	3.2	 	Customized Site Advertising Inventory. HS owns all right,
title and interest in and to the advertising and promotional spaces
on the Customized Sites. HS shall pay to AOL a share of
Advertisements Revenues as specified in Section 6.2 below.
	 
	 	3.3	 	Interactive Commerce. Subject to Section 1.5.1, HS shall
have the right to provide the HS Services and any other services
expressly permitted herein, and sell or offer for sale through the
Customized Sites any products, goods or services reasonably related
to the HS Services.

4. CUSTOMIZED PROGRAMMING AND CUSTOMIZED SITES

	 	4.1	 	Production; Performance. HS shall write all Customized
Programming and design all Customized Sites for distribution
hereunder according to AOL’s standard programming and publishing
specifications and guidelines and the Technical Operating Standards,
all as set forth on Exhibit E, and any additional or modified
specifications provided to HS that AOL deems necessary and
appropriate from time to time during the Term so long as AOL
requires compliance with such standards from similarly situated
third parties.
	 
	 	4.2	 	Customization. In addition to any customization requirements
set forth elsewhere herein, HS shall customize all Customized
Programming and the Customized Sites for AOL Users as follows:

	 	(a)	 	HS shall co-brand each Customized Site, including
a Customized Site for Classifieds, in accordance with AOL’s
specifications for such co-branding as they may be modified
and generally applicable to similarly situated AOL partners
from time to time, for each AOL Property on which each
Customized Site is promoted.

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	 	 	 	HS shall integrate tools, technologies and functionality on
any Customized Site in accordance with the provisions of
Section 2.5. AOL shall provide a header and footer to HS for
use on the Customized Sites that is as wide as the Customized
Sites require.

	 	(b)	 	Notwithstanding anything to the contrary, HS
shall ensure that:

	 	(i)	 	the Customized Programming and
Customized Sites do not (a) directly promote, advertise,
or market any Interactive Service, or (b) violate any
standard written AOL policy on advertising or promotion
made available to HS and as generally applied (e.g.,
with respect to objectionable content (e.g., illegal or
illicit, inappropriate for minors, etc.));
	 
	 	(ii)	 	the Customized Programming does not
directly promote, advertise, market or distribute any
products or services in any category in which AOL has an
exclusive relationship in accordance with the lists
provided to HS pursuant to Section 1.5.1; and
	 
	 	(iii)	 	the Customized Programming will not
use or display any pop-up Advertising during the Term,
and no pop-up advertising will be displayed to any AOL
User on any page linked to directly from Promotions or
the Customized Programming.

	 	(c)	 	HS shall host all pages of the Customized Sites
under a URL address co-branded with the applicable Customized
Site and AOL Property (e.g., aol.hs.com, netscape.hs.com,
etc.) in such a manner that HS receives traffic credit for
such pages.
	 
	 	(d)	 	Upon the expiration or earlier termination of
this Agreement, unless the Parties otherwise agree, HS (i)
shall discontinue hosting the Customized Sites under the
co-branded domain name, and (ii) for a period of twelve (12)
months thereafter, host a jump page under each such co-branded
domain name. The design of such jump page shall be mutually
agreed to by the Parties. The jump page shall be co-branded
with each Party’s brands and shall contain prominent
navigation to both the Generally Available Site and an area(s)
of the AOL Network, or other Content area(s), selected by AOL
in its reasonable discretion and related in subject matter to
the Content contained on the Customized Sites.
	 
	 	(e)	 	Except for the customization requirements set
forth in this Section 4.2, HS reserves the right to redesign
or modify the organization, structure, “look and feel,”
navigation and other elements of the Customized Sites at any
time. In the event such modifications materially and
adversely affect the user interface of the Customized Sites,
HS shall promptly provide written notice to AOL of the
proposed modifications. Within thirty (30) days of HS’
written notice, AOL shall provide written notice to HS of
either (i) its acceptance of the proposed modifications or
(ii) its rejection of the proposed modifications, together
with a written statement of the reasons AOL rejects the
proposed modifications as adversely affecting the user
interface the Customized Sites. AOL’s failure to so respond
within thirty (30) days shall be deemed acceptance. AOL’s
approval of a proposed modification shall not be unreasonably
withheld. In the event that AOL rejects a proposed
modification offered by HS pursuant to this Section 4.2(e), HS
and AOL shall attempt, in good faith, to resolve the matter
informally within fifteen (15) days. In the event the Parties
are unable to resolve the matter informally, either Party may
commence the arbitration provisions of this Agreement;
provided, however, that any such dispute that is not presented
to the Management Committee and, if necessary, to arbitration
pursuant to Section VII

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	 	•	 	of Exhibit D for final and binding resolution within ninety
(90) days of HS’ written notice of the proposed modification
shall be waived by AOL.

	 	4.3	 	Integrity of AOL Network. The Parties will work together on
mutually acceptable links (including links back to the AOL Network)
within the Customized Sites in order to create a robust and engaging
AOL member experience and the Customized Sites may include
reasonable editorial links that are contextually related to the
Content described on the Programming Plan subject to the terms of
this Agreement and the following:

	 	(a)	 	HS shall use commercially reasonable efforts to
ensure that AOL traffic is generally either kept within the
Customized Sites or channeled back into the AOL Network;
provided that this paragraph (a) shall not restrict HS’ right
and ability to (i) sell Advertisements on the Customized Sites
that link to the advertiser’s sites or (ii) link to third
party Content that is included on the Customized Site as
permitted under this Agreement.
	 
	 	(b)	 	AOL will exercise complete control over the
navigation, design and layout of any screens, forms or other
Content on the AOL Network preceding the Customized Sites.

5. EXCLUSIVITY

	 	5.1	 	HS Exclusive Services.

	 	5.1.1	 	Exclusivity. Subject to the terms and
conditions of this Agreement, AOL shall not directly promote,
advertise, or market within the AOL Properties HS Exclusive
Services provided by any of the Named Entities. Further, in
relation to Section 1.1.2, within each Unique City, AOL shall
not feature an apartment listing provided to AOL by [*], [*]
or [*] as a “premium” or equivalent listing in AOL
Classifieds.
	 
	 	5.1.2	 	Exceptions. The provisions of Section 5.1.1
shall be subject to the provisions of this Section 5.1.2.

	 	(a)	 	Other Lines of Business. In the event that any
Named Entity provides or markets products or services other
than the HS Exclusive Services, AOL and its Affiliates shall
not be restricted from promoting, advertising, or marketing
such Named Entity (on or off the AOL Network), in a manner
that does not promote the HS Exclusive Services, provided
however that, except as otherwise provided in this Section
5.1, AOL shall require that the Named Entity place no
advertisements for any HS Exclusive Services on the first page
rendered after clicking on any promotions in the Real Estate
Channel. (e.g., AOL could promote [*] lending products in the
Real Estate Channel, so long as promotion of [*] HS Exclusive
Services does not appear on the first page seen after clicking
on such lending products promotion).
	 
	 	(b)	 	General Exceptions. Notwithstanding anything to the contrary (and
without limiting any actions which may be taken by AOL without
violation of HS’ rights hereunder), no provision of this
Agreement shall limit AOL’s right (on or off the AOL Network)
to do each of the following: (i) undertake activities or
perform duties pursuant to those existing arrangements with
third parties; provided AOL shall not extend or renew any such
existing agreements or commitments to the extent such
agreements or commitments could not otherwise be entered into
after the Effective Date; (ii) enter into an arrangement with
any third party for the primary purpose of acquiring AOL Users
whereby such third party is allowed to

	[*]	 	CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY
WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
RESPECT TO THE OMITTED PORTIONS.

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	 	 	 	promote or market any or all HS Exclusive Services on a
limited basis solely to AOL Users that are acquired as a
result of such agreement (but not to AOL Users acquired
through any other means); provided, however, that in the
event AOL enters into such an arrangement with any of the
Named Entities, HS shall have the option to require that AOL
discontinue display of the Customized Site solely to AOL
Users acquired as a result of such agreement to the extent
the product offering made pursuant to AOL’s agreement with
the Named Entity permits the Named Entity to promote HS
Exclusive Services; (iii) create, distribute and display
editorial commentary relating to any third party provider of
any HS Exclusive Service generated by persons unrelated to
such third party; (iv) populate AOL’s proprietary
directories (including without limitation AOL Yellow Pages
and AOL CityGuide directories) and any locally-oriented
search directories or databases; or (v) promote or place
advertising for any for sale by owner listings service (“FSBO
Service”), provided however, that AOL will not integrate any
permanent search functionality (i.e., dropdown boxes or text
entry boxes) for a FSBO Service on pages within the Real
Estate Channel in which HS has a Promotion. With respect to
clause (i) above, to the best of the knowledge of AOL’s
senior executives, there is no existing agreement with a
value in excess of Two Million Dollars ($2,000,000) that
authorizes a Named Entity to distribute HS Exclusive Services
through the AOL Properties.

	 	5.2	 	Best-of-Breed Exception.

	 	5.2.1	 	In General. Notwithstanding any other provision
of this Agreement (and without limiting any actions which may
be taken by AOL without violation of HS’ rights hereunder), HS
shall provide HS Exclusive Services that comply with the
following “Key Indicators”: (a) the maintenance of at least
[*] percent ([*]%) of the available listings of resale and, to
the extent listed on multiple listing services, new properties
in the United States carried by multiple listing services
(excluding any multiple listing service which prohibits all
entities with access to its listings from distributing its
listings online); (b) the maintenance of listings of
apartments within [*] Rental Properties, at least [*] percent
([*]%) of which shall be spread across the top [*] ([*])
Metropolitan Statistical Areas, as determined by the U.S.
Bureau of the Census from time to time, within the United
States; and (c) HS’s existing agreement with the National
Association of Realtors is still in force and effect and has
not terminated or otherwise expired.
	 
	 	5.2.2	 	If at any time during the Term HS fails to meet
any of the Key Indicators set forth in Section 5.2.1, such
failure shall entitle AOL to invoke Section 7.3 hereof. HS
shall give written notice to AOL within five (5) days of the
date on which it fails to meet any of the Key Indicators at
any time during the Term. For the sole purpose of ensuring
compliance with the Key Indicators, AOL shall have the right,
to direct an independent certified public accounting firm
subject to strict confidentiality restrictions to conduct a
reasonable and necessary copying and inspection of HS’
records, contracts and other information that are related to
the Key Indicators. Any such audit may be conducted after
twenty (20) business days prior written notice. HS shall bear
the expense of such audit which determines that HS has failed
to meet a Key Indicator; AOL shall bear the expense for any
such audit which determines that HS not failed to meet a Key
Indicator.
	 
	 	5.2.3	 	Representation. HS represents and warrants that, as of the
Effective Date and throughout the Term, HS shall be in
compliance with the Key Indicators.

	[*]	 	CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY
WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
RESPECT TO THE OMITTED PORTIONS.

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	6.	 	REPORTING; PAYMENT; PAYMENT PROCEDURES; TAXES.

	 	6.1	 	Payment. As consideration for the services provided by AOL
pursuant to this Agreement, HS agrees to pay AOL six quarterly
payments of [*] Dollars ($[*]) each, no later than each of the
following dates: August 1, 2004, November 1, 2004, February 1, 2005,
May 1, 2005, August 1, 2005 and November 1, 2005.
	 
	 	6.2	 	Advertisements Revenue Share on Customized Sites. HS shall
pay to AOL [*] percent ([*]%) of the Advertisements Revenue (the “Ad
Revenue Share”) as set forth in Section 6.4 below. In the event that
the aggregate Advertisements Revenue during any calendar quarter
during the Term (the “Decrease Period”) is [*] percent ([*]%) or
less than the aggregate Advertisements Revenue during the
immediately preceding calendar quarter during the Term, then the
parties shall discuss reasonably and in good faith the reasons for
such decrease and the anticipated Ad Revenue Share for the remainder
of the Term. Within sixty (60) days after receipt of the quarterly
report showing the relevant decrease, at AOL’s sole discretion, AOL
shall elect to either (a) have HS cease further payments of the Ad
Revenue Share and instead, within thirty (30) days, pay to AOL a
cash amount equal to [*] Dollars less the aggregate Ad Revenue Share
amounts paid to AOL pursuant to this Agreement, or (b) continue
receiving the applicable Ad Revenue Share.
	 
	 	6.3	 	HS Reporting. HS will supply AOL with weekly reports which
reflect for the applicable Monday through Sunday week (or shorter
number of days, if applicable, for the first week and last week of
each calendar month): (a) total visits to the Promotions by AOL
Property and by page; (b) total [*] to the Promotions by AOL
Property and by page; (c) aggregate [*] since the beginning of the
month, including the relevant week; (d) total Customized Site [*] by
AOL Property; and (e) aggregate [*] by AOL Property source since the
beginning of the month, including the relevant week. Additionally,
HS will supply AOL with monthly reports which reflect: (i) total
visits to the Promotions by AOL Property, and by page, (ii) total
AOL [*] to the Promotions by AOL Property, and by page, (iii) click
through on each Promotion, (iv) total Customized Site [*] by AOL
Property source, (v) information concerning Advertisements Revenue
during the prior calendar month, including total Advertisements
revenue for all Realtor.com sites (whether or not customized), and
calculations of Advertisements Revenue therefrom, list of
advertisers, aggregate cash receipts by advertiser, and total
impressions to advertisements on the Realtor.com Customized Site, in
the aggregate and by advertiser, to the extent information by
advertiser is available; (vi) to the extent permitted by law and
HS’ standard privacy policy applicable to the Generally Available
Sites, any registration information obtained from AOL Users at the
Customized Sites during the prior calendar month. HS shall provide
AOL with a written list of all URLs related to the Customized Sites
and HS shall update such list promptly upon any change thereto.
	 
	 	6.4	 	Payment Schedule. Except as otherwise specified herein, HS
agrees to pay AOL all amounts owed to AOL as described herein on a
quarterly basis within thirty (30) days after the end of each
applicable quarter.
	 
	 	6.5	 	Wired Payments. All payments by HS hereunder shall be paid
in immediately available, non-refundable U.S. funds wired to the
“America Online” account, Account Number [*] at [*], or such other
account of which AOL shall give HS written notice. In the event of
any questions regarding a payment made (or expected to be made) by
HS to AOL, AOL may contact [*].
	 
	 	6.6	 	Taxes. All payments provided in this Agreement are exclusive of any
sales, use, gross receipts, excise, import or export value added or
similar taxes or duties (the “Taxes”). HS shall collect and pay and
indemnify and hold AOL harmless from, any Taxes arising from or
related to the operation of the Customized Sites and/or the sale of
any products or

	[*]	 	CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY
WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
RESPECT TO THE OMITTED PORTIONS.

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	 	 	 	services by HS or its Affiliates and agents, including any
penalties and interest, as well as any costs associated with the
collection or withholding thereof, including attorneys’ fees.

	7.	 	TERM; TERMINATION; REMEDIES

	 	7.1	 	Term. Unless earlier terminated or renewed, or extended, as
set forth herein, the Term of this Agreement shall commence on the
Effective Date and end on December 31, 2005. No later than August
31, 2005, the parties will meet to discuss in good faith potential
terms for renewal of this Agreement. Any such renewal will be
mutually agreed by the Parties. Upon the expiration or earlier
termination of this Agreement, AOL may, at its discretion, for a
period of up to [*] ([*]) days, continue to display any or all
Promotions on the AOL Network (provided that, upon HS’ request, or
at AOL’s option, AOL shall link such Promotions to the Generally
Available Sites as directed by HS, and not to the Customized Sites),
and may continue to use HS’ trade names, trademarks and service
marks for such purpose, and HS shall have no promotional payment or
other obligations of any kind to AOL during such [*] ([*]) day
period.
	 
	 	7.2	 	Termination for Breach. Either Party may terminate this
Agreement at any time in the event of a material breach by the other
Party which remains uncured after thirty (30) days written notice
thereof; provided, however, that the cure period with respect to any
scheduled payment shall be five (5) days from the date such payment
is due. In the event that AOL elects to terminate this Agreement
based upon a scheduled payment which was not received by five (5)
days after its due date, HS shall continue to maintain the
Customized Programming and the Customized Sites in accordance with
this Agreement for a period of [*] ([*]) days after receipt of a
termination notice from AOL; provided, however, that in the event
that AOL’s termination of this Agreement pursuant to this Section
7.2 occurs during the last calendar quarter of the Term, HS shall
continue to maintain the Customized Sites in accordance with this
Agreement until December 31, 2005.
	 
	 	7.3	 	Termination in Connection with Section 5.2.1. AOL may
terminate this Agreement upon ninety (90) days prior written notice
in the event that HS fails to meet all or any of the Key Indicators
set forth in Section 5.2.1 and such failure continues for ten (10)
business days after the sending of written notice of such failure
to HS or to AOL.
	 
	 	7.4	 	Termination for Bankruptcy/Insolvency. Either Party may
terminate this Agreement immediately following written notice to the
other Party if the other Party (i) becomes or is declared insolvent
or bankrupt, (ii) is the subject of any proceeding related to its
liquidation or insolvency (whether voluntary or involuntary) which
is not dismissed within ninety (90) calendar days after it is
initiated, (iii) makes an assignment for the benefit of creditors,
or (iv) admits in writing that it is unable to pay its debts in the
ordinary course.
	 
	 	7.5	 	Termination and Release for Change of Control. AOL may terminate this
Agreement by providing HS with thirty (30) days prior written notice
of such intent to terminate in the event of a Change of Control of
HS resulting in control of HS by any of the following (each a
“Change of Control Party”) or any entity that, directly or
indirectly, controls, is controlled by, or is under common control
with a Change of Control Party, including any entity in which such
Change of Control Party holds, directly or indirectly, at least a
nineteen percent (19%) equity interest: (a) [*]; (b) [*], (c) [*],
(d) any Internet connectivity services (e.g., an Internet service
provider) that received over $[*] in gross revenues from the
provision of Internet connectivity services during its most recent
fiscal annual reporting period; or (e) any of the top [*]
Interactive Sites or services featuring a broad selection of
aggregated third party interactive Content or navigation thereto
(e.g., Alta Vista, Lycos) as measured based on “reach” (as measured
by Media Metrix or its successor). HS shall not refer to the pending
Change of Control with a Change of Control Party in any Promotions
or Customized Programming at any time, or, with respect to the

	[*]	 	CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY
WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
RESPECT TO THE OMITTED PORTIONS.

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	 	 	 	Customized Sites, until the later of: (a) fifteen (15) days
following the consummation of the relevant Change of Control
transaction; and (b) upon the date of termination pursuant to this
Section 7.5, if notice to terminate is received by HS within
fifteen (15) days following consummation of the relevant Change of
Control transaction.
	 
	 	7.6	 	PRESS RELEASES. In addition to the requirements of Exhibit
D, each Party will submit to the other Party, for its prior written
approval, any press release or any other public statement (“Press
Release”) regarding the transactions contemplated hereunder, which
approval will not be unreasonably withheld. Notwithstanding the
foregoing, either Party may issue Press Releases and other
disclosures as required by law, rule, regulation or court order or
as reasonably advised by legal counsel without the consent of the
other Party and in such event, the disclosing Party will provide at
least five (5) business days prior written notice of such disclosure
unless a shorter period is required by such law, rule, regulation or
court order, in which case the disclosing Party shall provide as
much notice as possible. The failure by one Party to obtain the
prior written approval of the other Party prior to issuing a Press
Release (except as required by law, rule, regulation or court order)
shall be deemed a material breach of this Agreement.

	8.	 	PERFORMANCE BY SUBSIDIARIES. To the extent this Agreement requires
performance by a subsidiary of AOL, AOL, in its capacity as stockholder of
such subsidiary, shall cause such subsidiary to perform in accordance with
this Agreement. To the extent this Agreement requires performance by a
subsidiary of HS, HS, in its capacity as stockholder of such subsidiary,
shall cause such subsidiary to perform in accordance with this Agreement.
	 
	9.	 	STANDARD TERMS. All Exhibits and Schedules hereto (including the
Standard Legal Terms & Conditions set forth on Exhibit D) are each hereby
made a part of this Agreement.

[The remainder of this page intentionally left blank.]

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     IN WITNESS WHEREOF, the Parties hereto have executed this Distribution
Agreement as of the Effective Date.

	 	 	 
	AMERICA ONLINE, INC.

	 	HOMESTORE, INC.
	 
	 	 
	By: /s/ BRENDAN CONDON

	 	By: /s/ ALLAN P. MERRILL
	 
	 	 
	Print Name: Brendan Condon

	 	Print Name: Allan P. Merrill
	 
	 	 
	Title: SVP

	 	Title: Executive Vice President
	 
	 	 
	Date: 6.30.04

	 	Date: June 30, 2004

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EXECUTION COPY

LIST OF EXHIBITS

	 	 	 
	Exhibit A

	 	Promotion Plan
	 
	 	 
	Exhibit B

	 	Capitalized Terms
	 
	 	 
	Exhibit C

	 	Programming Plan
	 
	 	 
	Exhibit D

	 	Standard Legal Terms and Conditions
	 
	 	 
	Exhibit E

	 	AOL Site Testing and Technical Operating Standards
	 
	 	 
	Exhibit F

	 	Offline Promotion
	 
	 	 
	Exhibit G

	 	Real Estate Channel Screen Shots
	 
	 	 
	Exhibit H

	 	AOL Exclusive Relationships
	 
	 	 
	Exhibit I

	 	Customized Mortgage Calculator

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EXECUTION COPY

EXHIBIT A

PROMOTION PLAN

	 	 	 	 	 	 	 	 	 
	AOL Property
	 	Channel
	 	Screen or Area
	 	Promotion
	 	Promotion Number

	AOL Service
	 	 	 	 	 	 	 	 
	

	 	Real Estate Channel
	 	Real Estate Main
	 	Find A Home widget
	 	AOL1 *
	

	 	Real Estate Channel
	 	Real Estate Main
	 	Find An Apartment widget
	 	AOL2
	

	 	Real Estate Channel
	 	Homes
	 	Find A Home widget
	 	AOL3 *
	

	 	Real Estate Channel
	 	Homes
	 	Find A Lender widget
	 	AOL4
	

	 	Real Estate Channel
	 	Homes
	 	Find A Mover widget
	 	AOL5
	

	 	Real Estate Channel
	 	Homes
	 	Find A Realtor widget
	 	AOL6
	

	 	Real Estate Channel
	 	Apartments
	 	Find An Apartment widget
	 	AOL7 *
	

	 	Real Estate Channel
	 	Apartments
	 	Find A Mover widget
	 	AOL8
	

	 	Real Estate Channel
	 	Apartments
	 	Find Self Storage widget
	 	AOL9
	

	 	Real Estate Channel
	 	Neighborhoods
	 	Find A Home/Apt widget
	 	AOL10 *
	

	 	Real Estate Channel
	 	Neighborhoods
	 	Find A Neighborhood widget
	 	AOL11
	

	 	Real Estate Channel
	 	Neighborhoods
	 	Cost of Living Calculator
	 	AOL12
	

	 	Real Estate Channel
	 	Neighborhoods
	 	Community Reports
	 	AOL13
	

	 	Real Estate Channel
	 	Moving
	 	Find a Mover
	 	AOL14 *
	

	 	Real Estate Channel
	 	Moving
	 	Find Self Storage
	 	AOL15
	

	 	Real Estate Channel
	 	Moving
	 	Moving Checklist
	 	AOL16
	

	 	Personal Finance

Channel
	 	Mortgages
	 	Home Affordability widget or

Mortgage Calculator
	 	AOL17
	AOL CityGuide
	 	 	 	 	 	 	 	 
	

	 	Shop & Find
	 	Real Estate Main
	 	Find a Home or Apartment
	 	CG1

CONFIDENTIAL

 

 

	 	 	 	 	 	 	 	 	 
	Netscape /

CompuServe
	 	 	 	 	 	 	 	 
	

	 	Home & Real Estate
	 	Home & Real Estate Main
	 	Find a Home/Apt widget
	 	NS1*, CS1*
	

	 	Home & Real Estate
	 	Real Estate Main
	 	Find a Home/Apt widget
	 	NS2*, CS2*
	

	 	Home & Real Estate
	 	Real Estate Main
	 	Find a Realtor widget
	 	NS3, CS3
	

	 	Home & Real Estate
	 	Real Estate Main
	 	Find a Lender widget
	 	NS4, CS4
	

	 	Home & Real Estate
	 	Real Estate Main
	 	Find a Neighborhood widget
	 	NS5, CS5
	

	 	Home & Real Estate
	 	Real Estate Main
	 	Find a Mover widget
	 	NS6, CS6
	

	 	Home & Real Estate
	 	Homes
	 	Find a Home widget
	 	NS7*, CS7*
	

	 	Home & Real Estate
	 	Homes
	 	Find a Mover widget
	 	NS8, CS8
	

	 	Home & Real Estate
	 	Homes
	 	Find a Lender widget
	 	NS9, CS9
	

	 	Home & Real Estate
	 	Homes
	 	Find a Neighborhood widget
	 	NS10, CS10
	

	 	Home & Real Estate
	 	Homes
	 	Find a Realtor widget
	 	NS11, CS11
	

	 	Home & Real Estate
	 	Apartments
	 	Find an Apartment widget
	 	NS12*, CS12*
	

	 	Home & Real Estate
	 	Apartments
	 	Find a Mover widget
	 	NS13, CS13
	

	 	Home & Real Estate
	 	Apartments
	 	Find Self Storage widget
	 	NS14, CS14
	

	 	Home & Real Estate
	 	Neighborhoods
	 	Find a Neighborhood widget
	 	NS15,* CS15*
	

	 	Home & Real Estate
	 	Neighborhoods
	 	Cost of Living Calculator
	 	NS16*, CS16*
	

	 	Home & Real Estate
	 	Neighborhoods
	 	School Reports
	 	NS17, CS17
	

	 	Home & Real Estate
	 	Moving & Storage
	 	Find A Mover widget
	 	NS18*, CS18*
	

	 	Home & Real Estate
	 	Moving & Storage
	 	Cost of Living Calculator
	 	NS19*, CS19*
	

	 	Home & Real Estate
	 	Moving & Storage
	 	Find Storage
	 	NS20, CS20
	

	 	Home & Real Estate
	 	Moving & Storage
	 	Moving Calculator
	 	NS21, CS21
	

	 	Home & Real Estate
	 	Home Finance
	 	Find A Loan
	 	NS22*, CS22*
	

	 	Home & Real Estate
	 	Home Finance
	 	Home Affordability Calculator
	 	NS23, CS23
	

	 	Home & Real Estate
	 	Home Finance
	 	Mortgage Calculator
	 	NS24, CS24

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Note: Promotions designated with (*) shall be [*] in accordance with AOL’s
design and technical specifications. [*] the designated Promotions on the AOL
Service as of the Launch Date. [*] the designated Promotions on Netscape.com
and the CompuServe Service as of a date that is mutually agreed by the Parties.

AOL shall provide HS with placement (the “Search Ad Placement”) in one 120x240
standard advertising unit in the right hand column of the search results pages
for the primary internet-wide web search service (currently provided by Google
Inc.) of the AOL Properties (the “Search Placement”), for the [*] ([*]) real
estate related search terms listed below (the “Search Terms”). HS shall receive
all inventory for the Search Placement for the Search Terms that is available
on the Effective Date. The Search Ad Placement shall commence on the later of
(a) the Launch Date, and (b) the date that is two (2) business after the
receipt by AOL of creative assets from HS in a form reasonably acceptable to
AOL.

	 	 	 	 	 
	[*]

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	[*]	 	CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY
WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
RESPECT TO THE OMITTED PORTIONS.

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EXECUTION COPY

	 	 	 	 	 
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	[*]	 	CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY
WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
RESPECT TO THE OMITTED PORTIONS.

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	[*]	 	CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY
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EXHIBIT B

DEFINITIONS

DEFINITIONS. The following definitions shall apply to this Agreement:

Ad Revenue Share. As defined in Section 6.2.

Additional Promotions. As defined in Section 1.1 of the Agreement.

Advertisements. All display advertising inventory as set forth in Exhibit J,
any successor or replacement display advertising inventory, and any display
advertising inventory added as a result of any redesign or modifications,
including, without limitation, in the form of (i) banner, rectangle and
skyscraper advertisements including “featured agent” and “featured company”,
and (ii) “featured homes”.

Advertisements Revenue. The aggregate amount of all cash collected from third
parties by HS or its agents arising from the license or sale of Advertisements
on the Realtor.com Customized Site, less applicable Advertising Sales
Commissions, refunds and cancellations. Notwithstanding the foregoing, amounts
received by HS for prepaid services shall be amortized over the applicable
period and applied as “cash collected” over the applicable period.
Advertisements Revenue shall be calculated by applying the Uniques Percentage
to the aggregate amount of all cash collected from third parties by HS or its
agents arising from the license or sale of Advertisements on the Realtor.com
Customized Site, Realtor.com Generally Available Site, and any other customized
Realtor.com site maintained by HS or its agents (collectively, the “Broader
Realtor.com Sites”). The “Uniques Percentage” is the number, the numerator of
which is the number of Customized Site Unique Visitors to the Realtor.com
Customized Site, and the denominator of which is the number of Unique Visitors
to the Broader Realtor.com Sites. “Unique Visitors” is the aggregate number of
end users that visit the Broader Realtor.com Sites during any one calendar
month (independent of the number of visits). With respect to Advertisements
licensed or sold on a “bundled” basis that includes the Realtor.com Customized
Site together with any other of the Generally Available Sites, Advertisements
Revenue with respect thereto shall be calculated by applying the Impression
Percentage to the aggregate amount of all cash collected from third parties by
HS or its agents arising from the license or sale of such Advertisements less
applicable Advertising Sales Commissions, refunds and cancellations. The
“Impression Percentage” is the number, the numerator of which is the

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number of
advertising impressions on the Broader Realtor.com Sites during any one
calendar month, and the denominator of which is the number of advertising
impressions on the Generally Available Sites during such calendar month. HS and
AOL agree that with respect to the Realtor.com Customized Site, including
Advertisements licensed or sold on a “bundled” basis, the fair market value of
barter received by a Party or its agents in any calendar quarter from third
parties from the license or sale of Advertisements shall also be included in
Advertisements Revenues.

Advertising Sales Commissions. (i) Actual amounts paid as commission to third
party agencies by either buyer or seller in connection with sale of the
Advertisement or (ii) [*]%, in the event the Party has sold the Advertisement
directly and will not be deducting any third party agency commissions.

Affiliate. With respect to any Person any agent, distributor or franchisee of
such Person, or an entity that, directly or indirectly, controls, is controlled
by, or is under common control with such Person, including any entity in which
such Person holds, directly or indirectly, at least a fifty percent (50%)
equity interest.

Agreement. As defined in the introductory paragraph of the Agreement.

AIM. As defined in Section 2.5.1 of the Agreement.

AOL. As defined in the introductory paragraph of the Agreement.

AOL.com. AOL’s standard narrowband version of the primary Internet-based
Interactive Site marketed under the “AOL.comSM” brand, regardless of whether
users access such standard narrowband version of such primary Internet-based
Interactive Site by narrowband, DSL, cablemodem or other high speed or
broadband access medium, specifically excluding (a) the AOL Service, (b) any
international versions of such site, (c) CompuServe.com, Netscape.com, any
other CompuServe or Netscape products or services or interactive sites, (d)
“ICQSM,” “AOL Search,” “AOL Instant MessengerSM,” “AOL NetMailSM” or any
similar independent product or service offered by or through such site or any
other AOL Interactive Site, (e) any programming or Content area offered by or
through such site over which AOL does not exercise complete operational control
(including, without limitation, Content areas controlled by other parties and
member-created Content areas), (f) any programming or Content area offered by
or through the U.S. version of the America Online brand service which was
operated, maintained or controlled by the former AOL Studios division, (g) any
yellow pages, white pages, classifieds or other search, directory or review
services or Content offered by or through such site or any other AOL
Interactive Site, (h) any property, feature, product or service which AOL or
its Affiliates may acquire subsequent to the Effective Date and (i) any other
version of an America Online Interactive Site which is materially different
from AOL’s primary Internet-based Interactive Site marketed under the “AOL.COM”
brand, by virtue of its branding, distribution, functionality, Content or
services, including, without limitation, any co-branded versions and any
version distributed through any broadband distribution platform or through any
platform or device other than a desktop personal computer.

	[*]	 	CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY
WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
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AOL Broadband. The specific Content and functionality which is available
through the U.S. version of the America Online brand service and which is
accessible solely through a high speed (generally over 100 kbps) broadband
distribution platform, specifically excluding (a) the components of the AOL
Service accessible through narrowband distribution platforms, (b) AOL.com, any
AOL Interactive Site and the international versions of an America Online
service (e.g., AOL Japan) and any broadband component available through such
AOL Properties and versions (c) the CompuServe brand service and any other
CompuServe products or services whether broadband or narrowband, (d)
Netscape.com and any other Netscape products or services whether broadband or
narrowband, (e) “ICQ,” “AOL Instant Messenger,” “AOL CityGuide” “NetMail,”
“Real Fans”, “Love@AOL”, “Entertainment Asylum,” “AOL Hometown” or any similar
independent product, service or property which may be offered by, through or
with the U.S. version of the America Online brand service or the broadband
component thereof, (f) any programming or content area offered by or through
the U.S. version of the America Online brand service over which AOL does not
exercise complete operational control (including, without limitation, Content
areas controlled by other parties and member-created Content areas), whether
broadband or narrowband, (g) any yellow pages, white pages, classifieds or
other search, directory or review services or Content offered by or through the
U.S. version of the America Online brand service whether broadband or
narrowband, (h) any property, feature, product or service which AOL or its
Affiliates may acquire subsequent to the date of this Agreement and (i) any
other version of an America Online service (and broadband Content associated
therewith) which is materially different from the narrow-band U.S. version of
the America Online brand service, by virtue of its branding, distribution,
functionality, Content or services, including, without limitation, any
co-branded version of the service and any version distributed through any
platform or device other than a desktop personal computer.

AOL CityGuide. The standard, narrow-band U.S. version of AOL’s local content
offerings, regardless of whether users access such standard, narrowband version
of such local content offerings
by narrowband, DSL, cablemodem or other high-speed or broadband access medium,
specifically excluding (a) the AOL Service, AOL.com or any other AOL
Interactive Site, (b) any international versions of such local content
offerings, (c) the CompuServe brand service and any other CompuServe products
or services (d) “ICQ,” “AOL Search,” “AOL Instant Messenger,” “Love@AOL”,
Radio@, “AOL Communicator,” or any similar independent product, service or
property which may be offered by, through or with the standard narrow band
version of AOL’s local content offerings, (e) any programming or Content area
offered by or through such local content offerings over which AOL does not
exercise complete operational control (including, without limitation, Content
areas controlled by other parties and member-created Content areas), (f) any
yellow pages, white pages, classifieds or other search, directory or review
services or Content offered by or through such local content offerings, (g) any
property, feature, product or service which AOL or its Affiliates may acquire
subsequent to the Effective Date, and (h) any other version of an AOL local
content offering which is materially different from the narrow-band U.S.
version of AOL’s local content offerings marketed under the City Guide brand
name, by virtue of its branding, distribution, functionality, Content or
services, including, without limitation, any co-branded version of the
offerings and any version distributed through any broadband distribution
platform or through any platform or device other than a desktop personal
computer.

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AOL Classifieds. As defined in Section 1.1.2 of the Agreement.

AOL Interactive Site. Any interactive site which is managed, maintained, owned
or controlled by AOL or its agents.

AOL Look and Feel. The elements of graphics, design, organization,
presentation, layout, user interface, navigation, trade dress and stylistic
convention (including the digital implementations thereof) within the AOL
Network and the total appearance and impression substantially formed by the
combination, coordination and interaction of these elements.

AOL Network. (i) The AOL Service, AOL Broadband, AOL.com, the CompuServe
Service, AOL CityGuide and Netscape.com and (ii) any other product, service or
property owned, operated, distributed or authorized to be distributed by or
through AOL or its Affiliates worldwide (and including those products, services
and properties that are excluded from the definitions of the AOL Service,
AOL.com or any other AOL Property). It is understood and agreed that the rights
of HS relate solely to particular AOL Properties as expressly set forth in this
Agreement and not generally to the AOL Network.

AOL Properties. The AOL Service, AOL Broadband, AOL.com, the Compuserve
Service, Netscape.com, and AOL CityGuide.

AOL Search. As defined in Section 1.1.3 of the Agreement.

AOL Service. The standard narrow-band U.S. version of the America Online®
brand service regardless of whether users access such standard narrowband
version of such service by narrowband, DSL, cable modem or other high-speed or
broadband access medium, specifically excluding (a) AOL.comSM and any other AOL
Interactive Site, (b) the international versions of an America Online service
(e.g., AOL Japan), (c) the CompuServe® brand service and any other CompuServe
products or services, (d) Netscape.com and any other Netscape® products or
services, (e) “ICQSM,” “AOL Search,” “AOL Instant MessengerSM,” “Digital
CitySM,” “AOL NetMailSM,” “Real FansSM”, “Love@AOLSM”, “Entertainment
AsylumSM,” “AOL HometownSM” or any similar independent product, service or
property which may be offered by, through or with the U.S. version of the
America Online® brand service, (f) any programming or content area offered by
or through the U.S. version of the America Online® brand service over which AOL
does not exercise complete operational control (including, without limitation,
Content areas controlled by other parties and member-created Content areas),
(g) any yellow pages, white pages, classifieds or other search, directory or
review services or Content offered by or through the U.S. version of the
America Online® brand service, (h) any property, feature, product or service
which
AOL or its Affiliates may acquire subsequent to the Effective Date and (i) any
other version of an America Online service which is materially different from
the standard narrow-band U.S. version of the America Online brand service, by
virtue of its branding, distribution, functionality, Content or services,
including, without limitation, any co-branded version of the service and any
version distributed through any platform or device other than a desktop
personal computer or, except as expressly provided above, through any broadband
distribution platform.

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AOL Tools. As defined in Section 2.5.1 of the Agreement.

AOL [*]. The aggregate number of [*] any Promotions during any one calendar
month (independent of the number of [*]), (e.g., in the event an [*] a
Promotion five times in one calendar month, then such [*] shall be counted as
one AOL [*] for such calendar month); provided, however, that AOL shall not run
a contest or sweepstakes or similar promotion that are not related to the HS
Services, the promotions for which click directly from the AOL Properties to
the Real Estate Channel. The parties agree that for purposes of determining the
number of AOL [*] from each of two different personal computers shall be
counted as two [*] , and a [*] two different browsers (i.e., Microsoft Internet
Explorer and Netscape Navigator) shall be counted as [*].

AOL [*] Floor. As defined in Section 1.2 of the Agreement.

AOL User. Any user of the AOL Network, including authorized users (including
any sub-accounts under an authorized master account) of the AOL Service and/or
the CompuServe Service.

API. An application program interface, which is a set of routines, protocols,
and tools for building software applications.

Change of Control. (a) The consummation of a reorganization, merger or
consolidation or sale or other disposition of substantially all of the assets
of a Party (a “Fundamental Transaction”), other than a Fundamental Transaction
which would result in the holders of the Party’s voting securities outstanding
immediately before the Fundamental Transaction continuing after the Fundamental
Transaction to own more than 50% of the outstanding voting securities of (A)
the Company, (B) the surviving entity in the Fundamental Transaction, or (C) in
the case of a division, each entity resulting from the division; or (b) The
acquisition by any individual, entity or group (within the meaning of Section
13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended) of
beneficial ownership (within the meaning of Rule 13d-3 promulgated under such
Act) of more than 50% of either (i) the then outstanding shares of common stock
of such party; or (ii) the combined voting power of the then outstanding voting
securities of such party entitled to vote generally in the election of
directors.

CompuServe Service. The standard HTML version of the narrow-band U.S. version
of the CompuServe brand service, regardless of whether users access such
standard narrowband service by narrowband, DSL, cable modem or other
high-speed or broadband access medium, specifically excluding (a) any
international versions of such service (e.g., NiftyServe), (b) any web-based
service including “compuserve.com”, “cserve.com” and “cs.com”, or any similar
product or service offered by or through the U.S. version of the CompuServe
brand service, (c) Content areas owned, maintained or controlled by CompuServe
Affiliates or any similar “sub-service,” (d) any programming or Content area
offered by or through the U.S. version of the CompuServe brand service over
which CompuServe does not exercise complete or substantially complete
operational control (e.g., third-party Content areas), (e) any yellow pages,
white pages, classifieds or other search, directory or review services or
Content (f) any co-branded or private label branded version of the U.S. version
of the

	[*]	 	CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY
WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
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CompuServe brand service, (g) any version of the U.S. version of the
CompuServe brand service which offers Content, distribution, services or
functionality materially different from the Content, distribution, services or
functionality associated with the standard, narrow-band U.S. version of the
CompuServe brand service, including, without limitation, any version of such
service distributed through any platform or device other than a desktop
personal computer, (h) any property, feature, product or service which
CompuServe or its Affiliates may acquire subsequent to the Effective Date, (i)
the America
Online brand service and any independent product or service which may be
offered by, through or with the U.S. version of the America Online brand
service and (j) the HMI versions of the CompuServe brand service.

Confidential Information. Any information relating to or disclosed in the
course of this Agreement, which is, or should be reasonably understood to be,
confidential or proprietary to the disclosing Party, including, but not limited
to, the material terms of this Agreement, information about AOL Users,
technical processes and formulas, source codes, product designs, sales, cost
and other unpublished financial information, product and business plans,
projections and marketing data. “Confidential Information” shall not include
information (a) already lawfully known to or independently developed by the
receiving Party, (b) disclosed in published materials, (c) generally known to
the public through no fault of the disclosing Party, or (d) lawfully obtained
from any third party.

Content. Text, images, video, audio (including, without limitation, music used
in time relation with text, images, or video), and other data, products,
services, Advertisements, promotions, URLs, keywords and other navigational
elements, links, pointers, technology and software.

Customized Programming. Any (a) areas within the AOL Network and all Licensed
Content therein, to the extent such areas are developed, programmed, and/or
managed by HS or its Affiliates or their respective agents pursuant to this
Agreement, excluding the Customized Sites, and (b) Licensed Content provided to
AOL by HS or its Affiliates or their respective agents pursuant to this
Agreement and used by AOL in accordance with this Agreement for distribution on
or through the AOL Network other than on the Customized Sites.

Customized Site [*]. The aggregate number of [*] each of the applicable
Customized Sites from the AOL Network during any one calendar month
(independent of the number of [*]) (e.g., in the event an [*] multiple
Customized Sites from the AOL Network in a given calendar month, then such [*]
shall be counted as one Customized Site [*] for each Customized Site [*] for
such calendar month).

Customized Sites. Collectively, each version of the Generally Available Sites
that is customized for distribution through the AOL Network in accordance with
this Agreement.

Decrease Period. As defined in Section 6.2.

Effective Date. As defined in the introductory paragraph of the Agreement.

FSBO Service. As defined in Section 5.1.2(b) of the Agreement.

	[*]	 	CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY
WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
RESPECT TO THE OMITTED PORTIONS.

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Fundamental Transaction. As defined in the definition of “Change of Control.”

Generally Available Sites. The Internet sites and Content, currently located at
the following URLs and all related URLs and any successors thereto containing
HS Services, which are owned or operated by HS or its Affiliates or their
respective agents or to which HS or its Affiliates or their respective agents
licenses information, content or other materials:

http://www.homestore.com

http://www.realtor.com

http://www.homebuilder.com

http://www.springstreet.com

http://www.remodel.com

http://www.homefair.com

http://www.manufacturedhousing.com

http://www.homeplans.com

http://www.homestyles.com

http://www.rent.net

http://www.rentnet.com

http://www.move.com

http://www.seniorhousing.net

HS. As defined in the introductory paragraph of the Agreement.

HS Appliances. The aggregation of service provider directories
(consisting of listings) and Content directly related to assisting persons
select, purchase, install and/or maintain appliances in their homes, including,
without limitation, kitchen
appliances, washer and dryer appliances, heating and cooling appliances in
an online database searchable by such prospective persons.

HS Apartments Listings. The listings comprising the HS Apartments Listings
Services.

HS Apartments Listings Services. The aggregation of nation-wide real
property listings from third party content providers for residential Rental
Properties and short term corporate housing (excluding vacation and time-share
properties) in an online database searchable by prospective home renters. HS
Apartments Listings does not include any listings or other Content encompassed
within any other HS Service.

HS Exclusive Services. HS Apartments Listings Services, HS Home Listings
Services, and HS Senior Listings Services.

HS Hardware. The aggregation of third-party Content directly related to
assisting persons to select and purchase the proper hand and power tools
necessary for projects for their homes.

HS Home Decorating. The aggregation of service provider directories
(consisting of listings) and Content directly

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related to assisting persons to
plan, understand, and undertake home decorating projects, including, without
limitation, color choice, paint choice, painting techniques, room design, feng
shui, and furniture arrangement.

HS Home Finance. Fee-based services directly related to (a) the
origination of first mortgages and second or other subordinate mortgages, home
improvement loans, home equity loans, and (b) the other fee-based services
included on the HUD-1 form (e.g., appraisals, credit reports, flood
certifications and title reports).

HS Home Listings Service. The aggregation of nation-wide property
listings from the multiple listings service and other third party content
providers for new and/or existing homes (including manufactured housing (i.e.,
mobile homes)) and vacation homes for sale (not rental) but excluding
time-share properties) in an online database searchable by prospective home
buyers and the aggregation of listings of realtors and home builders in an
online searchable database. HS Home Listings Service does not include: (i)
listings for any other form of real estate other than new and existing homes
(including, without limitation, Rental Properties or commercial real estate),
(ii) any home listings posted online by AOL Users other than an AOL User which
aggregates for sale by owner listings as its primary business, and (iii) any
listings or other Content encompassed within any other HS Service.

HS Home Office. The aggregation of service provider directories
(consisting of listings) and Content directly related to home office design.

HS Home Security. The aggregation of service provider directories
(consisting of listings) and Content directly related to assisting persons in
securing their homes from intrusion by third parties, including, without
limitation, alarm systems, and similar technology based solutions.

HS Home Services. The aggregation of home service provider directories
(consisting of listings) related to assisting persons in hiring third party
contractors for services directly related to the maintenance and improvement of
the physical systems and structures of their homes such as, without limitation,
architects, electricians, plumbers, roofers, cleaners and carpenters. HS Home
Services does not include any listings or other Content encompassed within any
other HS Service.

HS Home Technology. The aggregation of service provider directories
(consisting of listings) and Content directly related to assisting persons
select, purchase and/or install technology solutions in their homes to make a
home more efficient, easier to manage or safer, including, without limitation,
lighting products and services, heating and cooling technology, but excluding
telecommunications and Internet access related services.

HS Lawn & Garden. The aggregation of service provider directories
(consisting of listings) and Content directly related to assisting persons to
design, grow and/or maintain their lawns, gardens, and landscapes, including,
without limitation, gardening and landscape services, gardening supplies, seeds
and plants.

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     HS Look and Feel. The elements of graphics, design, organization,
presentation, layout, user interface, navigation, trade dress and stylistic
convention (including the digital implementations thereof) within the HS
Interactive Sites and the total appearance and impression substantially formed
by the combination, coordination and interaction of these elements.

     HS Moving Services. The aggregation of moving service provider
directories, together with transactions for related products and services and
related Content, all directly related to assisting persons move from one home
to another, including, without limitation, national and regional packing and
moving services, van lines, movers and truck rentals. HS Moving Services does
not include any listings or other Content encompassed within any other HS
Service.

     HS Properties. The Customized Sites and the Generally Available Sites.

HS Senior Listings Services. The aggregation of service provider directories
(consisting of listings) and Content directly related to assisting senior
citizens in finding housing providing long term care and/or meeting other
retirement needs.

     HS Services. HS Home Listings Service, HS Apartments Listings Services, HS
Senior Listings Services, HS Home Decorating, HS Home Finance, HS Home Office,
HS Home Security, HS Home Services, HS Home Technology, HS Lawn & Garden, HS
Appliances, HS Hardware, and HS Moving Services.

Interactive Service. An entity offering one or more of the following: (i)
online or Internet connectivity services (e.g., an Internet service provider);
(ii) an interactive site or service featuring a broad selection of aggregated
third party interactive content (e.g., Yahoo, Alta Vista, Lycos), or navigation
thereto (e.g. Google) ; or (iii) communications software capable of serving as
the principal means through which a user creates, sends or receives electronic
mail or real time online messages.

Key Indicators. As defined in Section 5.2.1 of the Agreement.

Keyword Search Terms. (a) The Keyword online search terms made available on the
AOL Service, combining AOL’s Keyword online search modifier with a term or
phrase specifically related to HS (and determined in accordance with the terms
of this Agreement) and (b) the Go
Word online search terms made available on the CompuServe Service, combining
CompuServe’s Go Word online search modifier with a term or phrase specifically
related to HS (and determined in accordance with the terms of this Agreement).
Keyword Search Terms provided to HS are set forth in the Programming Plan
attached as Exhibit C to the Agreement.

Licensed Content. All Content provided by or on behalf of HS or its Affiliates
and/or their respective agents to AOL, its Affiliates and/or their respective
agents pursuant to this Agreement (e.g., offline promotional content or online
Content for distribution through the AOL Network), including without limitation
all Customized Programming.

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Material Non-Compliance Event. As defined in Section 1.7 of the Agreement.

Named Entities. Each of:

[*]

[*]

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Netscape.com. Netscape Communications Corporation’s primary narrowband version
of the Internet-based Interactive Site marketed under the “Netscape.comSM”
brand, regardless of whether users access such standard narrowband version of
such Internet-based Interactive Site by narrowband, DSL, cablemodem or other
high-speed or broadband access medium, specifically excluding (a) the AOL
Service and the CompuServe Service, (b) AOL.com and CompuServe.com, (c) any
international versions of such site, (d) “ICQ,” “AOLSearch,” “AOL Instant
Messenger,” “AOL NetMail,” “AOL Hometown,” “My News,” “Digital City,” or any
similar independent product or service offered by or through such site or any
other AOL Interactive Site, (e) any programming or Content area offered by or
through such site over which AOL does not exercise complete operational control
(including, without limitation, Content areas controlled by other parties and
member-created Content areas), (f) any programming or Content area offered by
or through the U.S. version of the America Online brand service which was
operated, maintained or controlled by the former AOL Studios division (e.g.,
Electra), (g) any yellow pages, white pages, classifieds or other search,
directory or review services or Content offered by or through such site or any
other AOL Interactive Site, (h) any property, feature, product or service which
AOL or its Affiliates may acquire subsequent to the Effective Date and (i) any
other version of an AOL or Netscape Communications Corporation Interactive Site
which is materially different from Netscape Communications Corporation’s
primary Internet-based Interactive Site marketed under the “Netscape
NetcenterTM” brand, by virtue of its branding, distribution, functionality,
Content or services, including, without limitation, any co-branded versions and
any version distributed through any broadband distribution platform or through
any platform or device other than a desktop personal computer (e.g., Custom
NetCenters built specifically for third parties).

Party. As defined in the introductory paragraph of the Agreement.

Person. A natural person, a corporation, a partnership, a limited liability
company, a trust, a joint venture, any governmental authority or any other
entity or organization.

	[*]	 	CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY
WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
RESPECT TO THE OMITTED PORTIONS.

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Prelaunch Promotions. As defined in Section 1.1 of the Agreement.

Press Release. As defined in Section 8 of the Agreement.

Product. Any product, good or service which HS or AOL (or others acting on its
behalf or as distributors) offers, sells, provides, distributes or licenses to
AOL Users directly or indirectly through (i) the Customized Site, Customized
Programming or AOL Properties, (ii) any other electronic means directed at AOL
Users (e.g., e-mail offers), or (iii) an “offline” means (e.g., toll-free
number) for receiving orders related to specific offers within the Customized
Site,
Customized Programming or AOL Properties requiring purchasers to reference a
specific promotional identifier or tracking code, including, without
limitation, products sold through surcharged downloads (to the extent expressly
permitted hereunder). Without limiting the foregoing, Netscape.com specifically
does not include the Netscape-branded ISP or any content areas offered in
connection therewith.

Programming Plan. As defined in Section 1.1 of the Agreement.

Promotion. The promotions described on Exhibit A and any other promotions
provided by AOL to HS, including, without limitation the Pre-Launch Promotions
and Additional Promotions.

     Real Estate Channel. As defined in Section 1.1 of the Agreement.

Reference. As defined in Exhibit F of the Agreement.

Rental Properties. A building or buildings owned by the same Person,
which building or buildings contain one or more dwelling units held for rent.

Taxes. As defined in Section 6.7 of the Agreement.

Term. The period beginning on the Effective Date and ending upon the
expiration or earlier termination of this Agreement, as further defined in
Section 7.1 of the Agreement.

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EXHIBIT C

PROGRAMMING PLAN

General Programming Overview and Requirements:

9.1.1 HS and its family of brands (e.g., Realtor.com, Rent.net,
Homebuilder.com) will provide the editorial content and functionality set
forth below and otherwise mutually agreed by the Parties from time to time
for integration within the AOL Properties. The editorial content provided
by HS will supplement existing content offerings provided by other current
channel partners and may primarily be used as rotating feature and how-to
articles. HS will provide features that are timely, reflecting current
trends and interests, and appropriate for the audience of each AOL
property. All Content will be updated at least as frequently as the
industry standard set by other leading Content providers in the relevant
category and in accordance with the schedule set forth below where
specified. HS will provide to AOL any Content optimized for broadband
access which is available on the Generally Available Sites.

9.1.2

9.1.3 Customized Sites and Customized Programming

     HS shall deliver the programming specified below on each version of the
Customized Site co-branded with the applicable AOL Property. AOL’s provision
of the Promotions specified in Exhibit A shall be contingent on HS providing
the following Content. If any such Content is unavailable, AOL be relieved of
the obligation to provide any Promotion related to such Content from the date
such Content becomes unavailable until [*] ([*]) days after such Content again
becomes available. In the event that AOL does not deliver any Promotions in
accordance with the foregoing sentence, AOL shall be relieved of a proportional
amount of the AOL Unique Visitor Floor.

General Content & Functionality Requirements:

HS will provide the following tools, functionality and Content:

Logos for the following HS brands in EPS format:

	[*]	 	CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY
WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
RESPECT TO THE OMITTED PORTIONS.

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	•	 	Homestore.com
	 
	•	 	Realtor.com
	 
	•	 	Rent.net
	 
	•	 	Homebuilder.com

Homestore will provide APIs, content, listings, links and backend support for
the following widgets:

	•	 	Find a Home Widget
	 
	•	 	Find an Apartment Widget
	 
	•	 	Find a Home/Apartment Widget
	 
	•	 	Find a Lender Widget
	 
	•	 	Find a Realtor Widget
	 
	•	 	Find Self-Storage Widget
	 
	•	 	Find a Mover Widget
	 
	•	 	Find a Neighborhood Widget
	 
	•	 	Cost of Living Widget
	 
	•	 	Moving Checklist Widget
	 
	•	 	Community Reports

Homestore will provide content, listings, links and backend support for the
following calculators on the AOL Properties, including but not limited to:

	•	 	Home Appreciation Calculator
	 
	•	 	Home Affordability Calculator
	 
	•	 	Mortgage Payment Calculator

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	•	 	Rent v. Buy Calculator
	 
	•	 	Salary Calculator
	 
	•	 	 
	 
	•	 	Moving Cost Calculator

HS will provide the following Feeds:

	•	 	Popular home plans: HS will provide AOL with a weekly feed that includes images of 3-4 popular home plans selected by HS, in
format that is mutually agreed upon by the parties.
	 
	•	 	Featured Homes: HS will provide AOL with a weekly feed that includes 3-4 available homes per ZIP code or DMA selected by HS, in
format that meets AOL’s technical specifications.
	 
	•	 	Featured Apartments: HS will provide AOL with a weekly feed that includes 3-4 available apartments per ZIP code or DMA selected
by HS in format that meets AOL’s technical specifications.

Homestore will provide AOL with the following Content, which shall include but not be limited to:

Homes:

	•	 	Information for first time buyers, including things to know and questions to ask;
	 
	•	 	Tips for buying a home in a difficult or tight market;
	 
	•	 	Tips for house hunting;
	 
	•	 	Advice on buying a fixer-upper;
	 
	•	 	Articles that can assist after the offer is made, including negotiation techniques, working with a home inspector, understanding
how your mortgage works, what happens at closing

New Homes:

	•	 	Articles on how to find a builder, including what questions to ask and what to expect;
	 
	•	 	Understanding the financing process for new homes;

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	•	 	Information on the building process — including selecting land, designing the home, what to expect during construction, etc;
	 
	•	 	Tips, Q&A and testimonials

Apartments:

	•	 	Articles on searching for an apartment, including finding affordable housing, renting safety and maintenance and tips for
apartment hunting;
	 
	•	 	Information on pros and cons of renting v. buying;
	 
	•	 	Renter’s Insurance overview and how-to’s;
	 
	•	 	Assistance in understanding leases, and security deposits, understanding tenant rights and deciphering rental laws;
	 
	•	 	Tips for finding roommates and choosing a roommate

Senior Housing:

	•	 	Articles comparing housing and care options, including tools and content for finding the right type of housing;
	 
	•	 	Content and tips for protecting oneself / staying well specific to top illnesses;
	 
	•	 	Medical articles, including Medicare, legal options, payment options.

Neighborhoods:

	•	 	Articles on top neighborhoods, by DMA;
	 
	•	 	Top 10 lists for best, safe places to live;
	 
	•	 	Tips for selecting and finding the right neighborhoods;
	 
	•	 	Content, statistics and tools to help members rate neighborhoods.

Moving:

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	•	 	Tips and packing, moving and storing furniture;
	 
	•	 	Comparisons of full service versus do-it-yourself mover;
	 
	•	 	Articles and tools for planning a move, including organizing for a move and determining costs;
	 
	•	 	Solutions / options for moving autos, pets and other large or sensitive objects;
	 
	•	 	Articles on setting up / transferring utilities.

Selling:

	•	 	Articles on how to find a real estate agent, including what questions to ask, what to expect and how to negotiate;
	 
	•	 	Top 10s and tips on improvements to make before putting a home on the market;
	 
	•	 	Assistance on determining the home’s value and timing seasonal sales;
	 
	•	 	Advice on managing a sale and a purchase.

Personal Finance:

	•	 	Mortgage articles, including content on pre-qualifications, different types of mortgages, prepayment, closing costs and
appraisals, and Q&A;
	 
	•	 	Tools to estimate mortgage costs;
	 
	•	 	Home equity loan articles;
	 
	•	 	Refinancing articles;
	 
	•	 	Credit articles, including content on cleaning up credit, credit scores, credit reports, and Q&A;
	 
	•	 	Content such as Top 10 Lists, Smart Tips, etc.;

News:

	•	 	Relevant news on trends, changes or happenings with respect to home buying, selling or renting;

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	•	 	Content such as Top 10 Lists, survey results, etc,

Home Improvement:

	•	 	How-to home improvement articles with images and step-by-step;
	 
	•	 	Before and after home improvement articles;
	 
	•	 	Material and project estimator calculators and tools;
	 
	•	 	Content such as: Top 10 Lists, Smart Tips, etc.;
	 
	•	 	Photo galleries;
	 
	•	 	Steps to getting home ready to sell;

Decorating:

	•	 	Decorating how-to features;
	 
	•	 	Inspirational decorating features;
	 
	•	 	Room-by-room features (e.g., kitchens, bedrooms, living rooms);
	 
	•	 	Material and project estimator calculators and tools;
	 
	•	 	Content such as Top 10 Lists, Smart Tips, etc.;
	 
	•	 	Photo galleries;
	 
	•	 	What to know about buying a builder home — picking out options, extras you will have to pay for

Gardening:

	•	 	Inspirational, seasonally appropriate gardening features;
	 
	•	 	Garden problem solver content;

Cross-category home service directories content/links:

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	•	 	Decorator/designer;
	 
	•	 	Contractor;
	 
	•	 	Painter;
	 
	•	 	Landscaper;
	 
	•	 	Gardener;
	 
	•	 	Wallpaper hanger;
	 
	•	 	Handyman/all purpose;
	 
	•	 	Carpenter;
	 
	•	 	Plumber;
	 
	•	 	Electrician;
	 
	•	 	Architect;
	 
	•	 	Builder;
	 
	•	 	Others as reasonably determined by AOL.

Homestore will provide access to the following Broadband Content, to the extent
available, in addition to any other Content optimized for broadband access
which is available on the Generally Available Sites:

	•	 	Neighborhood tours;
	 
	•	 	Homes / apartment tours;
	 
	•	 	Apartment community tours;
	 
	•	 	Buying/selling tutorials video, if made available by HS;
	 
	•	 	Tours of aspirational / celebrity homes, if available

HS shall at all times display the most recent real estate listings Content
available.

Additionally, HS shall, from time to time, make available supporting real
estate News/topical information on relevant and timely events or trends in the
industry. News/topical articles are

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defined as information that reflects the current status of an ever-changing
industry. (News/topical articles do not generally include tools, calculators,
buying/selling basics and other such Content that does not change over the
course of time). Should newer articles become available that supersedes the
Content on the AOL Properties, the article/information will be considered out
of date and HS will replace the “dated” article within [*] ([*]) days.

If news/topical links are not updated or removed as provided herein, AOL will
provide HS notice and HS will have [*] ([*]) days to perform the refreshes.
Should those updates not be made, HS will be considered in breach of contract
without regard to any additional cure period set forth in the Agreement (i.e.,
this [*] day cure period replaces the [*] days cure period set forth in Section
7.2).

For the avoidance of doubt, inclusion of any Content in this Exhibit does not
represent any obligation of or guarantee by AOL that such Content will be
promoted by AOL in any particular manner.

     Personal Finance

     HS will provide the following tools and functionality:

	•	 	Home Affordability Calculator. With respect to the Home Affordability
Calculator, when an AOL user clicks through to the Customized Site
from the ‘Home Affordability’ calculator, results shall be
transparent, with no pop-ups or secondary screens displayed before the
user sees the results.
	 
	•	 	Mortgage Payment Calculator. With respect to the Mortgage Payment
Calculator, when an AOL user clicks through to the Customized Site
from the ‘Mortgage Payment’ calculator, results shall be transparent,
with no pop-ups or secondary screens displayed before the user sees
the results. The advertising shall be stripped from the results as
agreed to between the parties, and as illustrated in Exhibit I.

Other Categories

	[*]	 	CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY
WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
RESPECT TO THE OMITTED PORTIONS.

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HS will provide AOL access to all other tools, functionality, and Content then
available on any Generally Available Site (e.g., appliances, commercial
services, etc.) for use through the AOL Network.

Keyword Search Terms

Subject to the provisions of Exhibit D, HS shall have the right to use the
following Keyword Search Terms:

Homestore

Homestore.com

Realtor.com

Homebuilder.com

Remodel.com

Springstreet.com

Springstreet

Homefair.com

Seniorhousing.net

Corporatehousing.net

Move.com

Homeplans.com

Homestyles.com

Rent.net

Rentnet

Welcome Wagon

The School Report

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EXHIBIT D

STANDARD LEGAL TERMS AND CONDITIONS

I. AOL NETWORK

Content. HS represents and warrants to the best of its knowledge and covenants
to use all commercially reasonable efforts to ensure that all Content contained
within the Customized Site and Customized Programming and all Licensed Content,
at the time such Content or Licensed Content is made available by HS, (i)
conforms to the Terms of Service for the applicable AOL Property, the terms of
this Agreement and any other standard, written policy of AOL and any applicable
AOL Property (including without limitation AOL’s kids policies to the extent
applicable), (ii) does not infringe on or violate any copyright, trademark,
U.S. patent, rights of publicity or privacy, moral rights or any other third
party right, including without limitation, any music performance or other music
related rights, and (iii) does not contain any Content which violates any
applicable law or regulation ((i), (ii) and (iii) collectively, the “Rules”).

Subject to the provisions of Section 1.7 of the Agreement, in the event that
AOL notifies HS in writing that any such Content, as reasonably determined by
AOL, does not comply or adhere to the Rules, then (a) HS shall use commercially
reasonable efforts to remove such Content or block access by AOL Users to such
Content; (b) in the event that HS cannot remove such Content or block access by
AOL Users to such Content in question, then HS shall provide AOL prompt written
notice of such fact; (c) AOL may, at its option, either (i) restrict access
from the AOL Network to the Content in question using technology available to
AOL or (ii) in the event access cannot be restricted, direct HS to remove any
such Content; and (d) HS will cooperate with AOL’s reasonable requests to the
extent AOL elects to implement any such access restrictions.

License. During the Term and subject to the terms and conditions of this
Agreement, HS hereby grants AOL a limited, worldwide, nonexclusive license (a)
to use, market, license, store, distribute, reproduce, display, adapt,
communicate, perform, transmit, and promote the Customized Programming and the
Licensed Content (or any portion thereof) through the AOL Network in the
ordinary course of the operation of the AOL Network, (b) to use, link to,
market, and promote the Customized Sites as contemplated in this Agreement and,
to the extent necessary or appropriate for the delivery of the Customized Sites
to AOL Users as contemplated in this Agreement, store, distribute, reproduce,
display, communicate, perform, and transmit the Customized Sites (or any
portion thereof) in the ordinary course of operation of
the AOL Network; and (c) to use, market, license, store, distribute, reproduce,
display, adapt, communicate, perform, transmit, and promote the Customized
Programming and Licensed Content (or any portion thereof) to promote the
products and services of AOL and its Affiliates in online or offline media. In
the event that AOL desires to translate the

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Licensed Content or Customized
Programming (or any portion thereof) from English to a another language (e.g.,
Spanish), HS will negotiate in good faith to permit AOL to translate such
Licensed Content or Customized Programming; provided, however that any such
translation will be subject to HS’ approval. Upon expiration or earlier
termination of the Agreement, AOL shall take no action with respect to the
Licensed Content that would infringe the intellectual property rights of HS in
the Licensed Content and AOL shall delete the Licensed Content in accordance
with AOL’s standard practices in similar circumstances.

AOL Network Distribution. HS shall not authorize or knowingly permit any third
party to distribute any Content of HS through the AOL Network absent AOL’s
prior written approval. The distribution, placements and/or promotions
described in this Agreement or otherwise provided to HS by AOL shall be used by
HS solely for its own benefit, will promote solely the Licensed Content within
the Customized Site or Customized Programming expressly described on Exhibit A
or as permitted in the Agreement and will not be resold, traded, exchanged,
bartered, brokered or otherwise offered or transferred to any third party or
contain any branding other than HS’ branding. Further, the Content of all such
distribution, placements and promotions shall be subject to AOL’s relevant
written policies that are provided in writing to HS regarding objectionable
content (e.g., illegal, illicit or unfit for minors) and promotion (provided
that such policies shall not apply to the extent such policies would materially
adversely affect HS’ rights under the Agreement).

Kids and Teens Policies. At all times, HS shall comply with the applicable AOL
Property’s then-standard policies regarding “child designated content.” As
used herein, “child designated content” means Content that is designed for: (i)
Kids (children 12 and under), (ii) Young Teens (children ages 13-15), (iii)
Mature Teens (children ages 16-17), and (iv) any combination of Kids, Young
Teens, and Mature Teens. HS shall ensure that all child designated content
(including all advertising in child designated content areas) distributed on or
through the Customized Programming complies with any relevant written AOL
policy (Kids, Young Teens, Mature Teens) that is made available to HS,
including any obligations that such child designated content be marked or
tagged so that it may operate properly in connection with viewing restriction
functionality provided to AOL Users. HS shall ensure that all child designated
content (including all advertising in child designated content areas)
distributed on or through the Customized Site complies with any relevant
written AOL policy (Kids, Young Teens, Mature Teens) as of the Effective Date,
including any obligations that such child designated content be marked or
tagged so that it may operate properly in connection with viewing restriction
functionality provided to AOL Users, and to the extent AOL makes material
changes to such policies during the Term, HS shall make commercially reasonable
efforts to comply with any such revised policies made available to it. Without
limiting the generality of the foregoing or any
other provision of this Agreement, HS shall notify AOL in writing whenever it
intends to distribute child designated content for these age groups on or
through the Customized Programming or the Customized Sites to ensure proper age
restriction categorization.

Contests. HS shall ensure that any contest, sweepstakes or similar promotion
conducted or promoted through the Customized Programming (a “Contest”) complies
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applicable laws and regulations. HS shall use commercially reasonable
efforts to ensure that any Contest promoted through the Customized Site
complies with all applicable laws and regulations.

Disclaimers. HS agrees to include within the Customized Site and Customized
Programming a disclaimer (the specific form and substance to be mutually agreed
upon by the Parties) indicating that all Licensed Content (including any
products and services) is provided by HS and its licensors, and not AOL, and
any transactions are between HS and AOL Users using or purchasing such Content
and AOL is not responsible for any loss, expense or damage arising out of the
Licensed Content or services provided through the Customized Site or Customized
Programming (e.g., “In no event shall AOL nor any of its agents, employees,
representatives or Affiliates be in any respect legally liable to you or any
third party in connection with any information or services contained herein and
AOL makes no warranty or guaranty as to the accuracy, completeness,
correctness, timeliness, or usefulness of any of the information contained
herein”). HS shall not in any manner state or imply that AOL recommends or
endorses HS or its Content.

Expert/Specialist Content. If any of the Licensed Content professes to provide
expert, professional or other specialty advice or Content (such as, without
limitation, medical or psychological, religious, financial, etc.), HS shall use
commercially reasonable efforts to ensure that all such Licensed Content is
prepared or reviewed by licensed, insured and qualified
practitioners/professionals in such field with expertise on the particular
topic and such Licensed Content complies with applicable standards of the
applicable profession and all applicable laws and regulations. Upon request by
AOL from time to time, HS shall provide AOL with evidence reasonably
satisfactory to AOL of compliance with the foregoing sentence.

Insurance. At all times during the Term, HS shall maintain an insurance policy
or policies reasonably satisfactory to AOL and adequate in amount to insure HS
against all liability associated with the Licensed Content. HS shall include
AOL as an additional insured party on such policy or policies. If requested by
AOL in writing, HS shall provide AOL with a copy of such policy or policies
within thirty (30) days after such request, failing which, in addition to all
other available remedies, AOL shall be entitled to delay the launch of the
Licensed Content on the AOL Network (and reduce AOL’s promotional and
Impressions obligations proportionately). HS shall promptly notify AOL of any
material change in such policy or policies.

Rewards Programs. HS shall not offer, provide, implement or otherwise make
available on the Customized Site or Customized Programming any promotional
programs or plans that are intended to provide customers with rewards or
benefits in exchange for, or on account of, their past or continued loyalty to,
or patronage or purchase of, the products or services of HS or any third party
(e.g., a promotional program similar to a “frequent flier” program), unless
such promotional program or plan is provided exclusively through AOL’s “AOL
Rewards” program, accessible on the AOL Service at Keyword: “AOL Rewards.”

Navigation. In cases where an AOL User performs a search for HS through any
search or

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navigational tool or mechanism that is accessible or available
through the AOL Network (e.g., promotions, Keyword Search Terms, navigation
bars or any other promotions or navigational tools), AOL shall have the right
to direct such AOL User to the Customized Site, or any other Generally
Available Site determined by AOL in its reasonable discretion. HS shall ensure
that navigation back to the AOL Network from the Customized Site (and from any
other Generally Available Site linked to from the AOL Network), whether through
a particular pointer or link, the “back” button on an Internet browser, the
closing of an active window, or any other return mechanism, shall not be
interrupted by HS through the use of any intermediate screen or other device
not specifically requested by the user, including without limitation through
the use of any html pop-up window or any other similar device.

Client Alterations. HS shall not knowingly include on the Customized Site or
Customized Programming any downloadable software or other mechanism that allows
users to alter the navigation, user interface, look and feel, or any other
element of any AOL or AOL Affiliate client software or software that is bundled
therewith (including, without limitation, the Internet browsers).

AOL Look and Feel. HS acknowledges and agrees that AOL shall own all right,
title and interest in and to the AOL Look and Feel. In addition, AOL shall
retain editorial control over the portions of the AOL pages and forms which
frame the Customized Site or Customized Programming, if any, (the “AOL Frames”)
subject to the provisions of this Agreement. Subject to the requirements of
Section 5 of this Agreement, AOL may, at its discretion, incorporate
navigational icons, links and pointers or other Content into such AOL Frames,
if any.

HS Look and Feel. AOL acknowledges and agrees that HS shall own all right,
title and interest in and to the HS Look and Feel.

Operations. AOL shall be entitled to require reasonable changes to the
Customized Site and Customized Programming that are generally required of AOL’s
Content providers to the extent such site will, in AOL’s good faith judgment,
adversely affect the technical operations of the AOL Network. AOL shall
provide notice to HS of any specific sites or events on such sites that
adversely affect the technical operations of the AOL Network.

Auctions. HS shall not conduct any merchandising (other than auctions of real
property) through the Customized Site or Customized Programming through
auctions or any method other than a direct sales format without AOL’s prior
written consent.

Message Boards; Chat Rooms and Comparable Vehicles. Any Content submitted by
HS or its agents within message boards, chat rooms or any comparable vehicles
on the Customized Site and Customized Programming will be subject to the
license grant relating to submissions to “public areas” set forth in the AOL
Terms of Service. HS acknowledges that it has no rights or interest in AOL
User submissions to message boards, chat rooms or any other vehicles through
which AOL Users may make submissions within the AOL Network. HS will refrain
from editing, deleting or altering, without AOL’s prior approval, any

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opinion
expressed or submission made by an AOL User within Customized Programming
except in cases where HS has a good faith belief that the Content in question
violates an applicable law, regulation, third party right or the applicable AOL
Property’s Terms of Service.

Duty to Inform. HS and AOL shall promptly inform the other Party of any
information related to the Customized Site, Customized Programming or the
Licensed Content which it believes will reasonably lead to a claim, demand or
liability of or against AOL and/or its Affiliates or HS and/or its Affiliates
by any third party.

Response to Questions/Comments; Customer Service. HS shall respond promptly
and professionally to questions, comments, complaints and other reasonable
requests regarding the Customized Site, Customized Programming or the Licensed
Content by AOL Users or on request by AOL, and shall cooperate and assist AOL
in promptly answering the same. HS shall have sole responsibility for customer
service (including, without limitation, order processing, billing, shipping,
etc.) regarding the Customized Site, Customized Programming or the Licensed
Content and AOL shall have no responsibility with respect thereto. HS shall
not have any responsibilities under this paragraph with respect to Content
included in Shop@AOL other than the Customized Programming and Licensed
Content. HS and AOL shall each comply with all applicable requirements of any
federal, state or local consumer protection or disclosure law.

Production Work. In the event that HS requests any AOL production assistance,
HS shall work with AOL to develop detailed production plans for the requested
production assistance (the “Production Plan”). Following receipt of the final
Production Plan, AOL shall notify HS of (i) AOL’s availability to perform the
requested production work, (ii) the proposed fee or fee structure for the
requested production work and (iii) the estimated development schedule for such
work. To the extent the Parties reach agreement regarding implementation of
agreed-upon Production Plan, such agreement shall be reflected in a separate
work order signed by the Parties. All fees to be paid to AOL for any such
production work shall be paid pursuant to the terms of the applicable work
order. To the extent HS elects to retain a third party provider to perform
any such production work, work produced by such third party provider must
generally conform to AOL’s production standards available at Keyword
“Styleguide.” The specific production resources which AOL allocates to any
production work to be performed on behalf of HS shall be as determined by AOL
in its sole discretion. With respect to any routine production, maintenance or
related services which AOL reasonably determines are necessary for AOL to
perform in order to support the proper functioning and integration of the
Promotions, Customized Programming and the Customized Site (“Routine
Services”), HS will pay the then-standard fees charged by AOL for such Routine
Services.

Production Tools. AOL shall provide to HS those of it’s proprietary publishing
tools (each a “Publishing Tool”) necessary for HS to comply with the
requirements of the Programming Plan in order to develop and implement the
Licensed Content during the Term. HS shall determine, in its reasonable
discretion and consistent with the Programming Plan, which Publishing

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Tool(s)
to utilize and shall be granted a nonexclusive license during the Term to use
any such Publishing Tool(s), which license shall be subject to: (i) HS’
compliance with all rules and regulations relating to use of the Publishing
Tools, as published from time to time by AOL, (ii) AOL’s right to withdraw or
modify such license at any time, and (iii) HS’ express recognition that AOL
provides all Publishing Tools on an “as is” basis, without warranties of any
kind.

Training and Support. AOL shall make available to HS standard AOL training and
support programs necessary to produce any AOL areas hereunder. HS can select
its training and support program from the options then offered by AOL. HS
shall be responsible to pay the fees associated with its chosen training and
support package. In addition, HS will pay travel and lodging costs associated
with its participation in any AOL training programs (including AOL’s reasonable
travel and lodging costs when training is conducted at HS’ offices).

Keywords. Any Keyword Search Terms to be directed to the Customized Site shall
be (i) subject to availability for use by HS and (ii) limited to the
combination of the KeywordTM search modifier combined with a trademark of HS and
any Keyword Search Terms granted to HS during the Term of the Agreement. AOL
reserves the right to revoke HS’ use of any Keyword Search Terms which do not
incorporate trademarks of HS upon [*] days written notice (or a
shorter time period if continued use by HS of any such Keyword Search Term may
expose AOL to liability). HS acknowledges that its utilization of a Keyword
Search Term will not create in it, nor will it represent it has, any right,
title or interest in or to such Keyword Search Term, other than the right,
title and interest HS holds in HS’ registered trademark independent of the
Keyword Search Term. Without limiting the generality of the foregoing, HS will
not: (a) attempt to register or otherwise obtain trademark or copyright
protection in the Keyword Search Term; or (b) use the Keyword Search Term,
except for the purposes expressly required or permitted under this Agreement.
This Section shall survive the completion, expiration, termination or
cancellation of this Agreement.

Accounts. To the extent AOL has granted HS any accounts on the AOL Service, HS
will be responsible for the actions taken under or through its accounts, which
actions are subject to AOL’s applicable Terms of Service and for any
surcharges, including, without limitation, all premium charges, transaction
charges, and any applicable communication surcharges incurred by any account
issued to HS, but HS will not be liable for charges incurred by any account
relating to AOL’s standard monthly usage fees and standard hourly charges,
which charges AOL will bear. Upon the termination of this Agreement, all
accounts, related screen names and any associated usage credits or similar
rights, will automatically terminate. AOL will have no liability for loss of
any data or content related to the proper termination of any such account.

II. TRADEMARKS

Trademark License. In designing and implementing any marketing, advertising,
or other promotional materials (expressly excluding Press Releases) related to
this Agreement and/or referencing the other Party

	[*]	 	CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY
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and/or its trade names,
trademarks and service marks (the “Promotional Materials”) and subject to the
other provisions contained herein: HS shall be entitled to use the following
trade names, trademarks and service marks of AOL: the “America Online®” brand
service, “AOLTM” service/software and AOL’s triangle logo, and the applicable
trade names, trademarks and service marks of AOL and its Affiliates relating to
the AOL Properties in connection therewith; HS shall comply with the AOL
styleguide available at keyword: “Styleguide”; and AOL and its Affiliates shall
be entitled to use the trade names, trademarks and service marks of HS and its
Affiliates relating to the Customized Sites and Customized Programming
(collectively, together with the AOL marks listed above, the “Marks”); provided
that each Party: (i) does not create a unitary composite mark involving a Mark
of the other Party without the prior written approval of such other Party, (ii)
displays symbols and notices clearly and sufficiently indicating the trademark
status and ownership of the other Party’s Marks in accordance with applicable
trademark law and practice, and (iii) complies with all written guidelines
provided to it by the other Party related to use of the other Party’s Marks.
This Section other than the grant of licenses herein, shall survive the
completion, expiration, termination or cancellation of this Agreement.

Rights. Each Party acknowledges the ownership right of the other Party in the
Marks of the other Party and agrees that all use of the other Party’s Marks
will inure to the benefit, and be on behalf, of the other Party. Each Party
acknowledges that its utilization of the other Party’s Marks will not create in
it, nor will it represent it has, any right, title or interest in or to such
Marks other than the licenses expressly granted herein. Each Party agrees not
to do anything contesting or impairing the trademark rights of the other Party.

Quality Standards. Each Party agrees that the nature and quality of its
products and services supplied in connection with the other Party’s Marks shall
conform to quality standards communicated in writing by the other Party for use
of its trademarks. Each Party agrees to supply the other Party, upon request,
with a reasonable number of samples of any Materials publicly disseminated by
such Party which utilize the other Party’s Marks. Each Party shall comply with
all applicable laws, regulations and customs and obtain any required government
approvals pertaining to use of the other Party’s Marks.

Promotional Materials. Each Party will submit to the other Party, for its
prior written approval, which shall not be unreasonably withheld or delayed,
any Promotional Materials (excluding Press Releases) related to the Customized
Sites and/or referencing the other Party and/or its trade names, trademarks,
and service marks; provided, however, that either Party’s use of screen shots
of the Customized Site for promotional purposes will not require the approval
of the other Party; and provided further, however, that, following the initial
public announcement of the business relationship between the Parties in
accordance with the approval and other requirements contained herein, either
Party’s subsequent factual reference to the existence of a business
relationship between the Parties in Promotional Materials will not require the
approval of the other Party. Each Party will solicit and reasonably consider
the views of the other Party in designing and implementing such Promotional
Materials. Once approved, the Promotional Materials may be used by a Party and
its affiliates for the purpose of promoting the Customized Site and the Content
contained therein and reused for such purpose until such

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approval is withdrawn
with reasonable prior notice. In the event such approval is withdrawn,
existing inventories of Promotional Materials may be depleted.

Infringement Proceedings. Each Party agrees to promptly notify the other Party
of any unauthorized use of the other Party’s Marks of which it has actual
knowledge. Each Party shall have the sole right and discretion to bring
proceedings alleging infringement of its Marks or unfair competition related
thereto; provided, however, that each Party agrees to provide the other Party,
at such other Party’s expense, with its reasonable cooperation and assistance
with respect to any such infringement proceedings.

III. REPRESENTATIONS AND WARRANTIES

Each Party represents and warrants to the other Party that: (i) such Party has
the full corporate right, power and authority to enter into this Agreement, to
grant the licenses granted hereunder and to perform the acts required of it
hereunder; (ii) the execution of this Agreement by such Party, and the
performance by such Party of its obligations and duties hereunder, do not and
will not violate any agreement to which such Party is a party or by which it is
otherwise bound; (iii) when executed and delivered by such Party, this
Agreement will constitute the legal, valid and binding obligation of such
Party, enforceable against such Party in accordance with its terms; (iv) to its
best knowledge, such Party’s Promotional Materials will neither infringe on any
copyright, U.S. patent or any other third party right nor violate any
applicable law or regulation; and (v) such Party acknowledges that the other
Party makes no representations, warranties or agreements related to the subject
matter hereof which are not expressly provided for in this Agreement.

IV. CONFIDENTIALITY

Each Party acknowledges that Confidential Information may be disclosed to the
other Party during the course of this Agreement. Each Party agrees that it
will take reasonable steps, at least substantially equivalent to the steps it
takes to protect its own proprietary information, during the term of this
Agreement, and for a period of three years following expiration or termination
of this Agreement, to prevent the disclosure of Confidential Information of the
other Party, other than to its employees, or to its other agents who must have
access to such Confidential Information for such Party to perform its
obligations hereunder, who will each agree to comply with this section.
Notwithstanding the foregoing, either Party may issue a press release or other
disclosure containing Confidential Information without the consent of the other
Party, to the extent such disclosure is required by law, rule, regulation or
government or court order or as reasonably advised by legal counsel. In such
event, the disclosing Party will provide at least five (5) business days prior
written notice of such proposed disclosure to the other Party. Further, in the
event such disclosure is required of either Party under the laws, rules or
regulations of the Securities and Exchange Commission or any other applicable
governing body, such Party will (i) redact mutually agreed-upon portions of
this Agreement to the fullest extent permitted under applicable laws, rules and
regulations and (ii) submit a request to such governing body that such portions
and other provisions of this Agreement receive confidential treatment under the
laws, rules and regulations of the Securities

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and Exchange Commission or
otherwise be held in the strictest confidence to the fullest extent permitted
under the laws, rules or regulations of any other applicable governing body.
Notwithstanding the foregoing, AOL shall be permitted to disclose this
Agreement and any Confidential Information to its Affiliates.

V. RELATIONSHIP WITH AOL USERS

Solicitation of Subscribers. (a) Except as otherwise provided in the main body
of the Agreement, during the Term of this Agreement and for a two year period
thereafter, HS will not use the AOL Network (including, without limitation, the
e-mail network contained therein) to solicit AOL Users on behalf of another
Interactive Service. More generally, HS will not send unsolicited, commercial
e-mail (i.e., “spam”) or other online communications through or into AOL’s
products or services, absent a Prior Business Relationship. For purposes of
this Agreement, a “Prior Business Relationship” will mean that the AOL User to
whom commercial e-mail or other online communication is being sent has
voluntarily either (i) engaged in a transaction with HS or (ii) provided
information to HS through a contest, registration, or other communication,
which included clear notice to the AOL User that the information provided could
result in commercial e-mail or other online communications being sent to that
AOL User by HS, its Affiliates or their respective agents. Any commercial
e-mail or other online communications to AOL Users which are otherwise
permitted hereunder will (x) include a prominent and easy means to “opt-out” of
receiving any future commercial communications from HS and (y) shall also be
subject to AOL’s then-standard restrictions on distribution of bulk e-mail
(e.g., related to the time and manner in which such e-mail can be distributed
through or into the AOL product or service in question).

(b) HS and AOL shall ensure that their respective collection, use and
disclosure of information obtained from AOL Users under this Agreement (“Member
Information”) complies with (i) all applicable laws and regulations and (ii)
AOL’s standard privacy policies, available on the AOL Service at the keyword
term “Privacy” (or, in the case of the Customized Site, HS’ standard privacy
policies so long as such policies are published on the site and provide
adequate notice, disclosure and choice to users regarding HS’ collection, use
and disclosure of user information). HS will not disclose Member Information
collected hereunder to any third party in a manner that identifies AOL Users as
end users of an AOL product or service or use Member Information collected
under this Agreement to market another Interactive Service.

Email Newsletters. Any email newsletters sent to AOL Users by HS or its agents
shall (i) be subject to AOL’s then current policies on use of the email
functionality, including but not limited to AOL’s then current policy on
unsolicited bulk email, (ii) be sent only to AOL Users requesting to receive
such newsletters, (iii) not contain Content which violates AOL’s Terms of
Service, and (iv) not contain any Advertisements, marketing or promotion for
any other third-party Interactive Service.

AOL User Communications. To the extent HS is otherwise permitted to send
communications to AOL Users (in accordance with the other requirements
contained herein) in any such communications to AOL Users on or

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off the
Customized Sites (including, without limitation, e-mail solicitations), HS will
not encourage AOL Users to take any action inconsistent with the scope and
purpose of this Agreement, including without limitation, the following actions:
(i) using an interactive site other than the Customized Site for the purchase
of Products, (ii) using Content other than the Licensed Content; (iii)
bookmarking of interactive sites; or (iv) changing the default home page on the
AOL browser. Additionally, with respect to such AOL User communications, in
the event that HS encourages an AOL User to purchase Products through such
communications, HS shall ensure that (a) the AOL Network is promoted as the
primary means through which the AOL User can access the Customized Site and (b)
any link to the Customized Site will link to a page which indicates to the AOL
User that such user is in a site which is affiliated with the AOL Network.

VI. TREATMENT OF CLAIMS

Liability. UNDER NO CIRCUMSTANCES SHALL EITHER PARTY BE LIABLE TO THE OTHER
PARTY FOR INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL OR EXEMPLARY DAMAGES
(EVEN IF THAT PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES),
ARISING FROM BREACH OF THIS AGREEMENT, THE USE OF OR INABILITY TO USE THE
LICENSED CONTENT, THE CUSTOMIZED SITE, THE CUSTOMIZED PROGRAMMING, THE
GENERALLY AVAILABLE SITES OR THE AOL NETWORK OR ANY OTHER PROVISION OF THIS
AGREEMENT, SUCH AS, BUT NOT LIMITED TO, LOSS OF REVENUE OR ANTICIPATED PROFITS
OR LOST BUSINESS (COLLECTIVELY, “DISCLAIMED DAMAGES”); PROVIDED THAT EACH PARTY
SHALL REMAIN LIABLE TO THE OTHER PARTY TO THE EXTENT ANY DISCLAIMED DAMAGES ARE
CLAIMED BY A THIRD PARTY AND ARE SUBJECT TO INDEMNIFICATION BELOW. EXCEPT AS
PROVIDED BELOW IN THE “INDEMNITY” SECTION, NEITHER PARTY SHALL BE LIABLE TO THE
OTHER PARTY FOR MORE THAN TEN MILLION DOLLARS ($10,000,000); PROVIDED THAT EACH
PARTY SHALL REMAIN LIABLE FOR THE AGGREGATE AMOUNT OF ANY PAYMENT OBLIGATIONS
OWED TO THE OTHER PARTY UNDER THE PROVISIONS OF THIS AGREEMENT, SUBJECT TO ANY
DEFENSES TO PAYMENT.

No Additional Warranties. EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT,
NEITHER PARTY MAKES, AND EACH PARTY HEREBY SPECIFICALLY DISCLAIMS, ANY
REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED, REGARDING THE LICENSED
CONTENT, CUSTOMIZED SITE, THE CUSTOMIZED PROGRAMMING, THE GENERALLY AVAILABLE
SITES, THE AOL NETWORK, THE AOL TOOLS, OR THE PUBLISHING TOOLS, INCLUDING ANY
IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE AND
IMPLIED WARRANTIES ARISING FROM
COURSE OF DEALING OR COURSE OF PERFORMANCE. WITHOUT LIMITING THE GENERALITY OF
THE FOREGOING, EACH PARTY SPECIFICALLY DISCLAIMS ANY WARRANTY REGARDING THE
PROFITABILITY OF AOL NETWORK OR THE CUSTOMIZED SITE.

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Indemnity. Each Party will defend, indemnify, save and hold harmless the other
Party and the officers, directors, agents, Affiliates, distributors,
franchisees and employees of the other Party from any and all third party
claims, demands, liabilities, costs or expenses, including reasonable
attorneys’ fees (“Liabilities”), resulting from the indemnifying Party’s
material breach or alleged breach of any obligation, representation, or
warranty of this Agreement. In addition, HS will defend, indemnify, save and
hold harmless AOL and AOL’s officers, directors, agents, Affiliates,
distributors, franchisees and employees from any and all Liabilities arising
out of or in any way related to the Licensed Content, including any allegation
of or actual infringement of any third party’s intellectual property rights by
Content on the Customized Programming or the Customized Sites, except to the
extent any such Liabilities are caused by AOL’s acts or omissions. AOL will
defend, indemnify, save and hold harmless HS and HS’ officers, directors,
agents, Affiliates, distributors, franchisees and employees from any and all
Liabilities arising out of or related to HS’ use of the AOL Tools in accordance
with this Agreement, except to the extent the use of the AOL Tools is governed
by a separate agreement mutually entered into by the Parties.

If a Party entitled to indemnification hereunder (the “Indemnified Party”)
becomes aware of any matter it believes is indemnifiable hereunder involving
any claim, action, suit, investigation, arbitration or other proceeding against
the Indemnified Party by any third party (each an “Action”), the Indemnified
Party shall give the other Party (the “Indemnifying Party”) prompt written
notice of such Action. Such notice shall (i) provide the basis on which
indemnification is being asserted and (ii) be accompanied by copies of all
relevant pleadings, demands, and other papers related to the Action and in the
possession of the Indemnified Party. The Indemnifying Party shall have a
period of ten (10) days after delivery of such notice to respond. If the
Indemnifying Party elects to defend the Action or does not respond within the
requisite ten (10) day period, the Indemnifying Party shall be obligated to
defend the Action, at its own expense, and by counsel reasonably satisfactory
to the Indemnified Party. The Indemnified Party shall cooperate, at the
expense of the Indemnifying Party, with the Indemnifying Party and its counsel
in the defense and the Indemnified Party shall have the right to participate
fully, at its own expense, in the defense of such Action. If the Indemnifying
Party responds within the required ten (10) day period and elects not to defend
such Action, the Indemnified Party shall be free, without prejudice to any of
the Indemnified Party’s rights hereunder, to compromise or defend (and control
the defense of) such Action. In such case, the Indemnifying Party shall
cooperate, at its own expense, with the Indemnified Party and its counsel in
the defense against such Action and the Indemnifying Party shall have the right
to participate fully, at its own expense, in the defense of such Action. Any
compromise or settlement of an Action shall require the prior
written consent of both Parties hereunder, such consent not to be unreasonably
withheld or delayed.

Acknowledgment. AOL AND HS EACH ACKNOWLEDGES THAT THE PROVISIONS OF THIS
AGREEMENT WERE NEGOTIATED TO REFLECT AN INFORMED, VOLUNTARY ALLOCATION BETWEEN
THEM OF ALL RISKS (BOTH KNOWN AND UNKNOWN) ASSOCIATED WITH THE TRANSACTIONS
CONTEMPLATED HEREUNDER. THE LIMITATIONS AND DISCLAIMERS RELATED TO WARRANTIES
AND LIABILITY CONTAINED IN THIS AGREEMENT ARE

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INTENDED TO LIMIT THE
CIRCUMSTANCES AND EXTENT OF LIABILITY. THE PROVISIONS OF THIS SECTION VI SHALL
BE ENFORCEABLE INDEPENDENT OF AND SEVERABLE FROM ANY OTHER ENFORCEABLE OR
UNENFORCEABLE PROVISION OF THIS AGREEMENT.

VII. ARBITRATION

(a) Management Committee. The Parties will act in good faith and use
commercially reasonable efforts to promptly resolve any claim, dispute,
controversy or disagreement (each a “Dispute”) between the Parties or any of
their respective subsidiaries, affiliates, successors and assigns arising
under, in connection with or related to this Agreement or any document executed
pursuant to this Agreement or any of the transactions contemplated hereby or
any document executed pursuant to this Agreement or any of the transactions
contemplated hereby. If the Parties cannot promptly resolve the Dispute, the
Dispute will be submitted in writing to the Management Committee for
resolution. For ten (10) days following submission of the Dispute to the
Management Committee, the Management Committee will have the exclusive right to
resolve such Dispute; provided that the Management Committee will have the
final and exclusive right to resolve Disputes arising from any provision of the
Agreement which expressly or implicitly provides for the Parties to reach
mutual agreement as to certain terms. If the Management Committee is unable to
amicably resolve the Dispute during the ten-day period, then the Management
Committee will consider in good faith for a period of thirty (30) days the
possibility of retaining a third party mediator to facilitate resolution of the
Dispute. In the event the Management Committee elects not to retain a mediator
within such thirty (30) day period, the dispute will be subject to the
resolution mechanisms described below. “Management Committee” will mean a
committee made up of a senior executive from each of the Parties for the
purpose of resolving Disputes under this Section VII and generally overseeing
the relationship between the Parties contemplated by this Agreement. Neither
Party will seek, nor will be entitled to seek, binding outside resolution of
the Dispute unless and until the Parties have been unable amicably to resolve
the Dispute as set forth in this Section VII(a) and then, only in compliance
with the procedures set forth in the remainder of this Section VII.

(b) Arbitration. Except for Disputes relating to issues of proprietary rights,
including but not limited to intellectual property and confidentiality, any
Dispute not resolved by amicable resolution as set forth in Section VII(a) will
be governed exclusively and finally by arbitration. Such arbitration will be
conducted by JAMS, or if not possible, another comparable ADR/arbitration
company, in Washington, D.C. and will be initiated and conducted in accordance
with the Commercial Arbitration Rules (“Commercial Rules”) of JAMS, including
any supplementary procedures applicable to large complex commercial disputes
(“Complex Procedures”), as such rules will be in effect on the date of delivery
of a demand for arbitration (“Demand”), except to the extent that such rules
are inconsistent with the provisions set forth herein. Notwithstanding the
foregoing, the Parties may agree in good faith in writing that the Complex
Procedures will not apply in order to promote the efficient arbitration of
Disputes where the nature of the Dispute, including without limitation the
amount in controversy, does not justify the application of such procedures.

(c) Selection of Arbitrators. The arbitration panel will consist of three
arbitrators. Each

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Party will name an arbitrator to be selected from the
JAMS-approved list of arbitrators within ten (10) days after the delivery of
the Demand. The arbitrators should be neutral participants, with no prior
relationship of any kind with either Party that may create a conflict of
interest. Each Party will select one arbitrator, and the third arbitrator
should be selected by the first two arbitrators. If the two arbitrators are
unable to select a third arbitrator within ten (10) days, a third neutral
arbitrator will be appointed by JAMS from its panel of commercial arbitrators
for large and complex cases. Similarly, if either party objects to the
selection of any arbitrator because of an identifiable conflict of interest and
the Parties are unable to resolve the dispute within ten (10) days, then a
replacement arbitrator will be appointed by JAMS from its panel of commercial
arbitrators for large and complex cases. If a vacancy in the arbitration panel
occurs after the hearings have commenced, the remaining arbitrator or
arbitrators may not continue with the hearing and determination of the
controversy, unless the Parties agree otherwise. If the Parties so desire, the
Parties may agree to proceed with arbitration with one arbitrator upon mutual
agreement.

(d) Governing Law. The Federal Arbitration Act, 9 U.S.C. Secs. 1-16, and not
state law, will govern the arbitrability of all Disputes. The arbitrators will
allow such discovery as is appropriate to the purposes of arbitration in
accomplishing a fair, speedy and cost-effective resolution of the Disputes.
The arbitrators will reference the Federal Rules of Civil Procedure then in
effect in setting the scope and timing of discovery. The Federal Rules of
Evidence will apply in toto. The arbitrators may enter a default decision
against any Party who fails to participate in the arbitration proceedings.

(e) Arbitration Awards. The arbitrators will have the authority to award
compensatory damages only. Any award by the arbitrators will be accompanied by
a written opinion setting forth the findings of fact and conclusions of law
relied upon in reaching the decision. Judgment upon the award may be entered
by any court of competent jurisdiction. The Parties agree that the existence,
conduct and content of any arbitration will be kept confidential and no Party
will disclose to any person any information about such arbitration, except as
may be required by law or by any governmental authority or for financial
reporting purposes in each Party’s financial statements.

(f) Fees. Each Party will pay the fees of its own attorneys, expenses of
witnesses and all other expenses and costs in connection with the presentation
of such Party’s case (collectively, “Attorneys’ Fees”). The remaining costs of
the arbitration, including without limitation, fees of the arbitrators, costs
of records or transcripts and administrative fees (collectively, “Arbitration
Costs”) will be borne equally by the Parties. Notwithstanding the foregoing,
the arbitrators may modify the allocation of Arbitration Costs and award
Attorneys’ Fees in those cases where fairness dictates a different allocation
of Arbitration Costs between the Parties or an award of Attorneys’ Fees to the
prevailing Party as determined to be appropriate by the arbitrators.

(g) Non Arbitratable Disputes. Any Dispute that is not subject to final
resolution by the Management Committee or to arbitration under this Section VII
(collectively, “Non-Arbitration Claims”) will be brought in a court of
competent jurisdiction in the Commonwealth of Virginia. Each Party irrevocably
consents to the exclusive jurisdiction of the courts of the Commonwealth of
Virginia and the federal courts situated in the Commonwealth of Virginia, over
any and all Non-Arbitration Claims and any and all actions to enforce such
claims or to recover damages or other relief in connection with such claims.

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VIII. MISCELLANEOUS

Auditing Rights. HS shall maintain complete, clear and accurate records of all
expenses, revenues, fees, transactions and related documentation (including
agreements) in connection with the performance of this Agreement (“Records”).
All such Records shall be maintained for a minimum of five (5) years following
termination of this Agreement. For the sole purpose of ensuring compliance with
this Agreement, AOL shall have the right, at its expense, to direct an
independent certified public accounting firm subject to strict confidentiality
restrictions to conduct a reasonable and necessary copying and inspection of
portions of the Records that are directly related to amounts payable to HS or
AOL pursuant to this Agreement. Any such audit may be conducted after twenty
(20) business days prior written notice, subject to the following: Such audits
shall not be made more frequently than once every twelve months. The costs of
any audit shall be the responsibility of AOL, provided, however, that if the
results of an audit show an error of ten percent (10%) or more, then HS shall
bear the costs of the audit. In such event, AOL may request one additional
audit during the same twelve (12) month period within which the first audit was
conducted.

Excuse. Neither Party shall be liable for, or be considered in breach of or
default under this Agreement on account of, any delay or failure to perform as
required by this Agreement as a result of any causes or conditions which are
beyond such Party’s reasonable control and which such Party is unable to
overcome by the exercise of reasonable diligence. Without limiting the
generality of the foregoing, AOL’s Promotion commitments hereunder are subject
to the prior timely receipt from HS of Licensed Content for such Promotion
which complies with all applicable terms of this Agreement and any standard
written policies of AOL.

Independent Contractors. The Parties to this Agreement are independent
contractors. Neither Party is an agent, representative or partner of the other
Party. Neither Party shall have any right, power or authority to enter into
any agreement for or on behalf of, or incur any obligation or liability of, or
to otherwise bind, the other Party. This Agreement shall not be interpreted or
construed to create an association, agency, joint venture or partnership
between the Parties or to impose any liability attributable to such a
relationship upon either Party.

Notice. Any notice, approval, request, authorization, direction or other
communication under this Agreement will be given in writing and will be deemed
to have been delivered and given for all purposes (a) on the delivery date if
delivered by confirmed facsimile or, in the case of AOL, by electronic mail on
the AOL Network (to screenname “[*]”; (ii) on the delivery date if delivered
personally to the Party to whom the same is directed; or (iii) one business day
after deposit with a commercial overnight carrier, with written verification of
receipt; or (iv) on the date of receipt if sent by registered or certified
mail. In the case of AOL, such notice will be provided to both the Vice
President, Interactive Marketing Business Development (fax no. [*]) and the
Deputy General Counsel (fax no. [*]), each at the address of AOL set forth in
the first paragraph of this Agreement. In the case of HS, except as otherwise
specified herein, such notice will be provided to the Vice President General
Counsel and the Senior Vice President Business Development and the notice
address

	[*]	 	CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY
WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
RESPECT TO THE OMITTED PORTIONS.

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shall be the address for HS set forth in the first paragraph of this
Agreement. Notwithstanding the foregoing, no notice related to the breach or
termination of this Agreement will be deemed to have been delivered and given
if delivered by electronic mail.

No Waiver. The failure of either Party to insist upon or enforce strict
performance by the other Party of any provision of this Agreement or to
exercise any right under this Agreement shall not be construed as a waiver or
relinquishment to any extent of such Party’s right to assert or rely upon any
such provision or right in that or any other instance; rather, the same shall
be and remain in full force and effect.

Return of Information. Upon the expiration or termination of this Agreement,
each Party shall, upon the written request of the other Party, return or
destroy (at the option of the Party receiving the request) all Confidential
Information, documents, manuals and other materials specified by the other
Party.

Survival. Sections IV, V, VI, VII and VIII of this Exhibit D, shall survive
the completion, expiration, termination or cancellation of this Agreement. In
addition, all payment terms of this Agreement shall survive with regard to any
accrued payments due and owing before
completion, expiration, termination or cancellation of this Agreement, and any
provision that expressly states that it shall survive or which, by its nature,
must survive the completion, expiration, termination or cancellation of this
Agreement, shall survive the completion, expiration, termination or
cancellation of this Agreement.

Entire Agreement. This Agreement sets forth the entire agreement and
supersedes any and all prior agreements of the Parties with respect to the
transactions set forth herein. Neither Party shall be bound by, and each Party
specifically objects to, any term, condition or other provision which is
different from or in addition to the provisions of this Agreement (whether or
not it would materially alter this Agreement) and which is proffered by the
other Party in any correspondence or other document, unless the Party to be
bound thereby specifically agrees to such provision in writing.

Amendment. No change, amendment or modification of any provision of this
Agreement shall be valid unless set forth in a written instrument signed by the
Party subject to enforcement of such amendment.

Further Assurances. Each Party shall take such action (including, but not
limited to, the execution, acknowledgment and delivery of documents) as may
reasonably be requested by the other Party for the implementation or continuing
performance of this Agreement.

Assignment. Neither Party shall assign this Agreement or any right, interest
or benefit under this Agreement without the prior written consent of the other
Party. Except as provided below, assumption of this Agreement by any successor
of a Party (including, without limitation, by way of merger, consolidation or
sale of all or substantially all of HS’ stock or assets) shall be subject to
the other Party’s prior written approval. Notwithstanding the foregoing, HS
shall have the right to assign this agreement to an entity controlling,
controlled

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by, or under common control with HS as part of an internal corporate
reorganization without the prior written approval of AOL. Subject to the
foregoing, this Agreement shall be fully binding upon, inure to the benefit of
and be enforceable by the Parties hereto and their respective successors and
assigns.

Subcontractors. Each Party shall be responsible for ensuring that all of its
consultants and subcontractors comply with this Agreement and such Party shall
be liable for any breaches of this Agreement caused by any of its consultants
or subcontractors.

Construction; Severability. In the event that any provision of this Agreement
conflicts with the law under which this Agreement is to be construed or if any
such provision is held invalid by a court with jurisdiction over the Parties to
this Agreement, (i) such provision shall be deemed to be restated to reflect as
nearly as possible the original intentions of the Parties in accordance with
applicable law, and (ii) the remaining terms, provisions, covenants and
restrictions of this Agreement shall remain in full force and effect.

Remedies. Except where otherwise specified, the rights and remedies granted to
a Party under this Agreement are cumulative and in addition to, and not in lieu
of, any other rights or remedies which the Party may possess at law or in
equity.

Applicable Law. This Agreement shall be interpreted, construed and enforced in
all respects in accordance with the laws of the Commonwealth of Virginia except
for its conflicts of laws principles.

Export Controls. Both Parties shall adhere to all applicable laws, regulations
and rules relating to the export of technical data and shall not export or
re-export any technical data, any products received from the other Party or the
direct product of such technical data to any proscribed country listed in such
applicable laws, regulations and rules unless properly authorized.

Headings. The captions and headings used in this Agreement are inserted for
convenience only and shall not affect the meaning or interpretation of this
Agreement.

Counterparts. This Agreement may be executed in counterparts, each of which
shall be deemed an original and all of which together shall constitute one and
the same document. Signatures sent by facsimile shall be deemed original
signatures.

CONFIDENTIAL

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(i) EXHIBIT E

TECHNICAL OPERATING STANDARDS

	1.	 	Customized Site Infrastructure. HS will be responsible for all
communications, hosting and connectivity costs and expenses associated
with the Customized Site. HS will provide all hardware, software,
telecommunications lines and other infrastructure necessary to meet
traffic demands on the Customized Site from the AOL Network. HS will
design and implement the infrastructure and network between the AOL
Network and Customized Site such that (i) no single component failure will
have a materially adverse impact on AOL Users seeking to reach the
Customized Site from the AOL Network and (ii) sufficient bandwidth is
maintained to handle sustained load and regular spikes in traffic. In the
event that HS elects to create a custom version of the Customized Site in
order to comply with the terms of this Agreement, HS will bear
responsibility for all aspects of the implementation, management and cost
of such customized site.
	 
	2.	 	Optimization; Speed. HS will use commercially reasonable efforts to
ensure that: (a) the functionality and features within the Customized Site
are optimized for the client software then in use by AOL Members; and (b)
the Customized Site is designed and populated in a manner that minimizes
delays when AOL Users attempt to access such site. At a minimum, HS will
ensure that the Customized Site’s data transfers initiate within fewer
than [*] ([*]) seconds on average, excluding HS feeds to AOL DCI. Prior to
commercial launch of any material promotions described herein, HS will
permit AOL to conduct performance, load and browser compatibility testing
of the Customized Site (in person or through remote communications), with
such commercial launch not to commence until such time as AOL is
reasonably satisfied with the results of any such testing.
	 
	3.	 	Technical Problems. HS agrees to use commercially reasonable efforts to
address material technical problems (over which HS exercises control)
affecting use by AOL Users of the Customized Site (a “HS Technical
Problem”) promptly following notice thereof. In the event of a HS
Technical Problem (including, without limitation, infrastructure
deficiencies producing user delays), AOL will have the right to regulate
the promotions it provides to HS hereunder until such time as HS corrects
the HS Technical Problem at issue.
	 
	4.	 	Monitoring. HS will ensure that the performance and availability of the
Customized Site is monitored on a continuous basis. HS will provide AOL
with contact information (including e-mail, phone, pager and fax
information, as applicable, for both during and after business hours) for
HS’s principal business and technical representatives, for use in cases
when issues or problems arise with respect to the Customized Site.
	 
	5.	 	Telecommunications. Where applicable, HS will utilize encryption
methodology to secure data communications between the Parties’ data
centers.
	 
	6.	 	Security. On non-email transfers HS will utilize Internet standard
encryption technologies (e.g., Secure Socket Layer — SSL) to provide a
secure environment for conducting transactions and/or transferring private
AOL User information (e.g. credit card numbers, banking/financial
information, and user address information) to and from the Customized
Site. AOL may periodically conduct reviews of the Customized site
(hosting infrastructure) in conjunction with, and facilitated by, HS in
order to evaluate any potential security risks of such site. HS will use
commercially reasonable efforts to promptly remedy any security risks or
breaches of security as may be identified.
	 
	7.	 	Technical Performance.

	 	i.	 	HS will design the Customized Site to support the AOL-client embedded
versions of the Microsoft Internet Explorer 5.XX, 6.XX and higher
(Windows and Macintosh)and the Netscape Browser 6.XX and 7.XX and make
commercially reasonable efforts to support all other AOL browsers listed
at: “http://webmaster.info.aol.com.”

	[*]	 	CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY
WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
RESPECT TO THE OMITTED PORTIONS.

CONFIDENTIAL

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	 	ii.	 	To the extent HS creates customized pages on the Customized Site for
AOL Members, HS shall develop and employ a methodology to detect AOL
MembersError! Hyperlink reference not valid..
	 
	 	iii.	 	HS will periodically review the technical information made available
by AOL at http://webmaster.info.aol.com.
	 
	 	iv.	 	HS will design its site to support HTTP 1.0, 1.1 or later protocol as
defined in RFC 1945 and to adhere to AOL’s parameters for refreshing or
preventing the caching of information in AOL’s proxy system as outlined
in the document provided at the following URL:
http://webmaster.info.aol.com. HS is responsible for the manipulation
of these parameters in web-based objects so as to allow them to be
cached or not cached as outlined in RFC 1945.
	 
	 	v.	 	Prior to releasing major or material new functionality through the
Customized Site (“New Functionality”), HS will use commercially
reasonable efforts to (i) test the New Functionality to confirm its
compatibility with AOL Service client software and (ii) provide AOL
with notice of the New Functionality so that AOL can perform tests of
the New Functionality to confirm its compatibility with the AOL Service
client software. Should any new material, new functionality or features
through the Customized Site be released without notification to AOL, AOL
will not be responsible for any adverse user experience until such time
that compatibility tests can be performed and the new material,
functionality or features qualified for the AOL Service.

	8.	 	AOL Internet Services HS Support. AOL will provide HS with access to the
standard online resources, standards and guidelines documentation,
technical phone support, monitoring and after-hours assistance that AOL
makes generally available to similarly situated web-based partners. AOL
support will not, in any case, be involved with content creation on behalf
of HS or support for any technologies, databases, software or other
applications which are not supported by AOL or are related to any HS area
other than the Customized Site. Support to be provided by AOL is
contingent on HS providing to AOL demo account information (where
applicable), and will make reasonable efforts to provide a detailed
description of the relevant areas of the Customized Site’s software,
hardware and network architecture and access to a replicated Quality
Assurance environment of the Customized Site for purposes of such
performance and load testing as AOL elects to conduct.
	 
	9.	 	Industry Standards. In addition to the foregoing standards, and if and
to the extent site standards are not established in this Exhibit with
respect to any other aspect or portion of the Customized Site (or the
Products or other Content contained therein), HS shall provide such aspect
or portion at a level of accuracy, quality, completeness, and timeliness
which meets or exceeds prevailing standards in the applicable industry.
	 
	10.	 	AOL Style Guidelines. HS will be in compliance with the AOL Style
Guidelines as available through the following link:
http://styleguide.aol.com.
	 
	11.	 	ICP Programming. The terms and condition of this Exhibit applicable to
the Customized Sites shall apply equally to any Licensed Content that is
(a) programmed in HTML, or (b) web-based.

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EXHIBIT F

OFFLINE PROMOTION

9.1.4 In (a) all HS television advertisements lasting 30 seconds or longer
that include any reference to the HS Properties (a “Reference”) and (b)
all HS print advertisements that are greater than one-half (1/2) of the
page size of the publication in which they appear and that include a
Reference, HS shall prominently promote the Customized Sites’
availability through America Online® and include prominent specific
references or mentions (verbally where possible) of the Customized Sites’
availability through America Online® except where the written, generally
applicable policies of the publisher prohibits the mention of the HS
Properties’ availability through America Online or where creative
execution does not permit such promotion; provided however, that in
advertisements that for policy or creative reasons do not include AOL’s
“keywords” in an advertisement, HS will provide AOL with mutually agreed
alternative cross promotion. In all other HS television, radio and print
advertisements which include a Reference, HS will use commercially
reasonable good faith efforts to prominently promote the Customized Sites’
availability through America Online® and include prominent specific
references or mentions (verbally where possible) of the Customized Sites’
availability through America Online® except where not possible due to
space and programming constraints, or where the creative execution does
not permit such promotion. Listing of the “URL(s)” for the Generally
Available Sites in any of HS’ advertisements will be accompanied by the
AOL “keyword” for the Customized Site. The foregoing notwithstanding, in
the case of advertisements acquired or arranged on a cooperative basis
with any third party and over which HS therefore does not have editorial
control, and which include a Reference, HS shall use commercially
reasonable good faith efforts to prominently promote the Customized Sites’
availability through America Online® and include prominent specific
references or mentions (verbally where possible) of the Customized Sites’
availability through America Online®.Creative treatment of the AOL logo
or keyword shall be subject to AOL’s prior approval.

9.1.5

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	(i)	 	EXHIBIT G
	 
	(ii)	 	REAL ESTATE CHANNEL SCREEN SHOTS

AOL Service — Real Estate Channel Main

	AOL1*
AOL2

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     AOL Service – Real Estate Channel Homes

	AOL3*
AOL4
AOL5
AOL6

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AOL Service – Real Estate Channel Apartments

	AOL7*
AOL8
AOL9

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AOL Service – Real Estate Channel Neighborhoods

	AOL10*
AOL11
AOL12
AOL13

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AOL Service – Real Estate Channel Moving

	AOL14*
AOL15
AOL16

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AOL Service — Personal Finance Channel Mortgages

	AOL17

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AOL CityGuide – Shop & Find Real Estate

	CG1

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Netscape.com – Home & Real Estate Channel Main

	NS1*

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Netscape.com – Home & Real Estate Channel – Real Estate Main

	NS2*

	NS3

	NS4

	NS5

	NS6

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Netscape.com – Home & Real Estate Channel — Homes

	NS7*
NS8
NS11
NS10
NS9

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Netscape.com – Home & Real Estate Channel — Apartments

	NS12*
NS13
NS14

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Netscape.com – Home & Real EstateChannel — Neighborhoods

	NS15*
NS16*
NS17

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Netscape.com – Home & Real Estate Channel — Moving & Storage

	NS18*
NS19*
NS20
NS21

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Netscape.com – Home & Real Estate Channel — Home Finance

	NS22*
NS23
NS24

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CompuServe Service – Home & Real Estate Channel Main

	CS1*

CONFIDENTIAL

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CompuServe Service – Home & Real Estate Channel – Real Estate Main

	CS2*
CS3
CS4
CS5
CS6

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CompuServe Service – Home & Real Estate Channel – Homes

	CS7*
CS8
CS11
CS10
CS9

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CompuServe Service – Home & Real Estate – Apartments & Rentals

	CS12*
CS13
CS14

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CompuServe Service – Home & Real Estate Channel – Neighborhoods

	CS15*
CS16*
CS17

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CompuServe Service – Home & Real Estate Channel – Moving & Storage

	CS18*
CS19*
CS20
CS21

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CompuServe Service – Home & Real Estate Channel – Home Finance

	CS22*
CS23
CS24

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EXHIBIT H

AOL EXCLUSIVE RELATIONSHIPS

*** Subject to revision by AOL in accordance with the provisions of the Agreement***

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	[*]	 	CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY
WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
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	[*]	 	CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY
WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
RESPECT TO THE OMITTED PORTIONS.

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	[*]	 	CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY
WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH
RESPECT TO THE OMITTED PORTIONS.

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EXHIBIT I

	(iii)	 	CUSTOMIZED MORTGAGE CALCULATOR MOCK UP

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EXHIBIT J

	(iv)	 	DISPLAY ADVERTISING MOCK UP

	Banner Ad Unit
Skyscraper Ad Unit
Rectangle Ad Unit

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	Featured Home Advertisement
Skyscraper Display Ad
Banner Display Ad

CONFIDENTIAL

30<PAGE>

                                                                    Exhibit 10.2

      WARNING: NO REPRESENTATION IS MADE THAT THIS FORM OF CONTRACT FOR THE
       SALE AND PURCHASE OF REAL ESTATE COMPLIES WITH SECTION 5-702 OF THE
                  GENERAL OBLIGATIONS LAW ("PLAIN LANGUAGE").

                                CONTRACT OF SALE
          THIS IS A LEGALLY BINDING CONTRACT. IF NOT FULLY UNDERSTOOD,
  WE RECOMMEND ALL PARTIES TO THE CONTRACT CONSULT AN ATTORNEY BEFORE SIGNING.

NOTE: FIRE AND CASUALTY LOSSES AND CONDEMNATION
This contract form does not provide for what happens in the event of fire, or
other casualty loss or condemnation before the title closing. Unless different
provision is made in this contract, Section 5-1311 of the General Obligations
Law will apply. One part of that law makes a Purchaser responsible for fire and
casualty loss upon taking possession of the Premises before the title closing.

Contract of Sale made as of April ____ 2004 BETWEEN

WELCOME WAGON INTERNATIONAL, INC.

ADDRESS: 115 SOUTH SERVICE ROAD, WESTBURY, NEW YORK

SOCIAL SECURITY NUMBER/FED. I. D. NO(S): HEREINAFTER CALLED "SELLER" AND

-----------------------------              -------------------------

115 SOUTH SERVICE ROAD, LLC

ADDRESS: 760 JERICHO TURNPIKE, WOODBURY, NEW YORK

SOCIAL SECURITY NUMBER/FED. I. D. NO(S): HEREINAFTER CALLED "PURCHASER."

-----------------------------              --------------------------

The parties hereby agree as follows:

1. PREMISES. Seller shall sell and convey and Purchaser shall purchase the
property, together with all buildings and improvements thereon (collectively the
"Premises"), more fully described on a separate page marked "Schedule A,"
annexed hereto and made a part hereof and also known as:

STREET ADDRESS: 115 South Service Road, Westbury, New York

                                       1
<PAGE>
TAX MAP DESIGNATION: 0017; 00016; 00025

      Together with Seller's ownership and rights, if any, to land lying in the
      bed of any street or highway, opened or proposed, adjoining the Premises
      to the center line thereof, including any right of Seller to any unpaid
      award by reason of any taking by condemnation and/or for any damage to the
      Premises by reason of change of grade of any street or highway. Seller
      shall deliver at no additional cost to Purchaser, at Closing (as
      hereinafter defined), or thereafter, on demand, any documents that
      Purchaser may reasonably require for the conveyance of such title and the
      assignment and collection of such award or damages.

      2. PERSONAL PROPERTY. This sale also includes all fixtures and articles of
      personal property now attached or appurtenant to the Premises, unless
      specifically excluded below. Seller represents and warrants that at
      Closing they will be paid for and owned by Seller, free and clear of all
      liens and encumbrances, except any existing mortgage to which this sale
      may be subject. They include, but are not limited to:

      ALL AS PRESENTLY EXIST, ALL AS IS

      EXCLUDED FROM THIS SALE ARE: FURNITURE AND FIXTURES BELONGING TO THE
      SELLER HEREIN

      3. PURCHASE PRICE. The purchase price is                  $6,500,000.00
      payable as follows:

      (a) on the signing of this contract, by Purchaser's check payable to the
      Escrowee (as hereinafter defined), subject to collection, the receipt of
      which is hereby acknowledged, to be held in escrow pursuant to paragraph 6
      of this contract (the "Downpayment"):                     $  325,000.00

      (b) balance at Closing in accordance with paragraph 7:    $6,175,000.00

      4. DOWNPAYMENT IN ESCROW.

            (a) Seller's attorney ("Escrowee") shall hold the Downpayment for
      Seller's account in escrow in a

                                       2
<PAGE>
      segregated bank account at Bank of Smithtown, Mayfair Shopping Center,
      Commack, New York until Closing or sooner termination of this contract and
      shall pay over or apply the Downpayment in accordance with the terms of
      this paragraph. Escrowee shall not hold the Downpayment in an
      interest-bearing account for the benefit of the parties. The Downpayment
      shall be placed in an IOLA account or as otherwise permitted or required
      by law. The Social Security or Federal Identification numbers of the
      parties shall be furnished to Escrowee upon request. At Closing, the
      Downpayment shall be paid by Escrowee to Seller. If for any reason Closing
      does not occur and either party gives Notice (as defined in paragraph 27)
      to Escrowee demanding payment of the Downpayment, Escrowee shall give
      prompt Notice to the other party of such demand. If Escrowee does not
      receive Notice of objection from such other party to the proposed payment
      within 10 business days after the giving of such Notice, Escrowee is
      hereby authorized and directed to make such payment. If Escrowee does
      receive such Notice of objection within such 10 day period or if for any
      other reason Escrowee in good faith shall elect not to make such payment,
      Escrowee shall continue to hold such amount until otherwise directed by
      Notice from the parties to this contract or a final, nonappealable
      judgment, order or decree of a court. However, Escrowee shall have the
      right at any time to deposit the Downpayment and the interest thereon, if
      any, with the clerk of a court in the county in which the Premises are
      located and shall give Notice of such deposit to Seller and Purchaser.
      Upon such deposit or other disbursement in accordance with the terms of
      this paragraph, Escrowee shall be relieved and discharged of all further
      obligations and responsibilities hereunder.

            (b) The parties acknowledge that, although Escrowee is holding the
      Downpayment for Seller's account, for all other purposes Escrowee is
      acting solely as a stakeholder at their request and for their convenience
      and that Escrowee shall not be liable to either party for any act or
      omission on its part unless taken or suffered in bad faith or in willful
      disregard of this contract or involving gross negligence on the part of
      Escrowee. Seller and Purchaser jointly and severally agree to defend,
      indemnify and hold Escrowee harmless from and against all costs, claims
      and expenses (including reasonable attorneys' fees) incurred in connection
      with the performance of Escrowee's duties hereunder, except with respect
      to actions or omissions taken or suffered by Escrowee in bad faith or in
      willful disregard of this contract or involving gross negligence on the
      part of Escrowee.

            (c) Escrowee may act or refrain from acting in respect of any matter
      referred to herein in full reliance upon and with the advice of counsel
      which may be selected by it (including any member of its firm) and shall
      be fully protected in so acting or refraining from acting upon the advice
      of such counsel.

            (d) Escrowee acknowledges receipt of the Downpayment by check
      subject to collection and Escrowee's agreement to the provisions of this
      paragraph by signing in the place indicated on the signature page of this
      contract.

            (e) Escrowee or any member of its firm shall be permitted to act as
      counsel for Seller in any dispute as to the disbursement of the
      Downpayment or any other dispute between the parties whether or not
      Escrowee is in possession of the Downpayment and continues to act as
      Escrowee.

            (f) In the event Escrowee shall be required to hold any escrow
      subsequent to closing and any dispute arises concerning the release of
      such escrow, Escrowee shall be free to release such escrow to Seller
      unless a Summons and Complaint concerning disposition of such escrow are
      served within thirty (30) days of the date of Purchaser's possession of
      the premises.

                                       3
<PAGE>
      5. ACCEPTABLE FUNDS. All money payable under this contract, unless
      otherwise specified, shall be paid by:

            (a) Cash, but not over $1,000.00;

            (b) Good certified check of Purchaser drawn on or official check
      issued by any bank, savings bank, trust company or savings and loan
      association having a banking office in the State of New York, unendorsed
      and payable to the order of Seller, or as Seller may otherwise direct upon
      not less than 3 business days notice (by telephone or otherwise) to
      Purchaser;

            (c) As to money other than the purchase price payable to Seller at
      Closing, uncertified check of Purchaser up to the amount of $500.00; and

            (d) As otherwise agreed to in writing by Seller or Seller's
      attorney.

      6. PERMITTED EXCEPTIONS. The Premises are sold and shall be conveyed
      subject to:

            (a) Zoning and subdivision laws and regulations, and landmark,
      historic or wetlands designation, provided that they are not violated by
      the existing buildings and improvements erected on the property or their
      use;

            (b) Consents for the erection of any structures on, under or above
      any streets on which the Premises abut;

            (c) Encroachments of stoops, areas, cellar steps, trim and cornices,
      if any, upon any street or highway;

            (d) Real estate taxes that are a lien, but are not yet due and
      payable; and

            (e) Such a state of facts as an accurate survey may show, provided
      same does not render title unmarketable;

            (f) Covenants, utility easements, restrictions and agreements of
      record, if any, provided same are not violated by existing structures or
      the use thereof. The violations of any covenants or restriction shall not
      be deemed an objection to title provided the title company insuring title
      shall agree to insure that such improvements may remain in their present
      location as long as same shall stand.

      7. GOVERNMENTAL VIOLATIONS AND ORDERS. Subject to paragraph "18" below,
      and not in contravention thereof, Seller shall comply with all notes or
      notices of violations of law or municipal ordinances, orders or
      requirements noted or issued as of the date hereof by any governmental
      department having authority as to lands, housing, buildings, fire, health,
      environmental and labor conditions affecting the Premises. Subject to
      paragraph "18" below, and not in contravention thereof, The Premises shall
      be conveyed free of them at Closing. Seller shall furnish Purchaser with
      any authorizations necessary to make the searches that could disclose
      these matters.

                                       4
<PAGE>
      8. SELLER'S REPRESENTATIONS.

            (a) Seller represents and warrants to Purchaser that:

                  (i) The Premises abut or have a right of access to a public
      road;

                  (ii) Seller is the sole owner of the Premises and has the full
      right, power and authority to sell, convey and transfer the same in
      accordance with the terms of this contract;

                  (iii) Seller is not a "foreign person," as that term is
      defined for purposes of the Foreign Investment in Real Property Tax Act,
      Internal Revenue Code ("IRC") Section 1445, as amended, and the
      regulations promulgated thereunder (collectively "FIRPTA");

                  (iv) The Premises are not affected by any exemptions or
      abatements of taxes, except ________NONE________________; and

            (b) Seller covenants and warrants that all of the representations
      and warranties set forth in this contract shall be true and correct at
      Closing.

            (c) Except as otherwise expressly set forth in this contract, none
      of Seller's covenants, representations, warranties or other obligations
      contained in this contract shall survive Closing.

            (d) Seller represents that there is a Certificate of Occupancy
      and/or Compliance for all improvements on the premises as currently exist.

      9. CONDITION OF PROPERTY. Purchaser acknowledges and represents that
      Purchaser is fully aware of the physical condition and state of repair of
      the Premises and of all other property included in this sale, based on
      Purchaser's own inspection and investigation thereof, and that Purchaser
      is entering into this contract based solely upon such inspection and
      investigation and not upon any information, data, statements or
      representations, written or oral, as to the physical condition, state of
      repair, use, cost of operation or any other matter related to the Premises
      or the other property included in the sale, given or made by Seller or its
      representatives, and shall accept the same "as is" in their present
      condition and state of repair, subject to reasonable use, wear, tear and
      natural deterioration between the date hereof and the date of closing,
      without any reduction in the purchase price or claim of any kind for any
      change in such condition by reason thereof subsequent to the date of this
      contract. Purchaser and its authorized representatives shall have the
      right, at reasonable times and upon reasonable notice (by telephone or
      otherwise) to Seller, to inspect the Premises before Closing.

      10. INSURABLE TITLE. Seller shall give and Purchaser shall accept such
      title as a licensed title insurance company as described in paragraph 23
      shall be willing to approve and insure in accordance with its standard
      form of title policy approved by the New York State Insurance Department,
      subject only to the matters provided for in this contract.

      11. CLOSING, DEED AND TITLE.

            (a) "Closing" means the settlement of the obligations of Seller and
      Purchaser to each other under this

                                       5
<PAGE>
      contract, including the payment of the purchase price to Seller, and the
      delivery to Purchaser of a Bargain & Sale Deed without Covenants in proper
      statutory short form for recording, duly executed and acknowledged, so as
      to convey to Purchaser fee simple title to the Premises, free of all
      encumbrances, except as otherwise herein stated. The deed shall contain a
      covenant by Seller as required by Subd. 5 of Section 13 of the Lien Law.

            (b) If Seller is a corporation, it shall deliver to Purchaser at the
      time of Closing (i) a resolution of its Board of Directors authorizing the
      sale and delivery of the deed, and (ii) a certificate by the Secretary or
      Assistant Secretary of the corporation certifying such resolution and
      setting forth facts showing that the transfer is in conformity with the
      requirements of Section 909 of the Business Corporation Law. The deed in
      such case shall contain a recital sufficient to establish compliance with
      that Section.

      12. CLOSING DATE AND PLACE. Subject to an extension of Closing pursuant to
      paragraph "18" below, Closing shall take place on or before such date
      which is sixty (60) days from the date of the last signature to this
      Contract, at 10:00 A.M. at the offices of Forchelli, Curto, Schwartz,
      Mineo, Carlino & Cohn, LLP, 330 Old Country Road, Mineola, New York 11501.

      13. CONDITIONS TO CLOSING. This contract and Purchaser's obligation to
      purchase the Premises are also subject to and conditioned upon the
      fulfillment of the following conditions precedent:

            (a) The accuracy, as of the date of Closing, of the representations
      and warranties of Seller made in this contract.

            (b) The delivery by Seller to Purchaser of a certification stating
      that Seller is not a foreign person, which certification shall be in the
      form then required by FIRPTA. If Seller fails to deliver the aforesaid
      certification or if Purchaser is not entitled under FIRPTA to rely on such
      certification, Purchaser shall deduct and withhold from the purchase price
      a sum equal to 10% thereof (or any lesser amount permitted by law) and
      shall at Closing remit the withheld amount with the required forms to the
      Internal Revenue Service.

            (c) The premises will be delivered vacant at the time of the
      closing, and broom clean.

            (d) The delivery by the parties of any other affidavits required as
      a condition of recording the deed.

      14. DEED TRANSFER AND RECORDING TAXES. At Closing, certified or official
      bank checks payable to the order of the appropriate State, City or County
      officer in the amount of any applicable transfer and/or recording tax
      payable by reason of the delivery or recording of the deed or mortgage, if
      any, shall be delivered by the party required by law or by this contract
      to pay such transfer and/or recording tax, together with any required tax
      returns duly executed and sworn to, and such party shall cause any such
      checks and returns to be delivered to the appropriate officer promptly
      after Closing. The obligation to pay any additional tax or deficiency and
      any interest or penalties thereon shall survive Closing.

      15. APPORTIONMENTS AND OTHER ADJUSTMENTS; WATER METER AND INSTALLMENT
      ASSESSMENTS.

            (a) To the extent applicable, the following shall be apportioned as
      of midnight of the day before the day of possession:

                                       6
<PAGE>
            (i) taxes, water charges and sewer rents, on the basis of the fiscal
      period for which assessed; (ii) fuel;

            (b) If Closing shall occur before a new tax rate is fixed, the
      apportionment of taxes shall be upon the basis of the tax rate for the
      immediately preceding fiscal period applied to the latest assessed
      valuation.

            (c) If there is a water meter on the Premises, Seller shall furnish
      a reading to a date not more than 30 days before Closing and the unfixed
      meter charge and sewer rent, if any, shall be apportioned on the basis of
      such last reading.

            (d) If at the date of Closing the premises are affected by an
      assessment which is or may become payable in installments, and the first
      installment is then a lien, or has been paid, then for the purposes of
      this contract the unpaid installments coming due within sixty (60) days of
      the closing shall be considered due and shall be paid by Seller at or
      prior to Closing. All subsequent installments shall be paid by the
      Purchaser.

            (e) Any errors or omissions in computing apportionments or other
      adjustments at Closing shall be corrected within a reasonable time
      following Closing. This subparagraph shall survive Closing.

            (f) For the purpose of making apportionments, it shall be presumed
      that there are 360 days in each year and 30 days in each month.

      16. ALLOWANCE FOR UNPAID TAXES, ETC. Seller has the option to credit
      Purchaser as an adjustment to the purchase price with the amount of any
      unpaid taxes, assessments, water charges and sewer rents, together with
      any interest and penalties thereon to a date not less than five (5)
      business days after Closing, provided that official bills therefor
      computed to said date are produced at Closing.

      17. USE OF PURCHASE PRICE TO REMOVE ENCUMBRANCES. If at Closing there are
      liens or encumbrances that Seller is obligated to pay or discharge, Seller
      may use any portion of the cash balance of the purchase price to pay or
      discharge them, provided Seller shall simultaneously deliver to Purchaser
      at Closing instruments in recordable form and sufficient to satisfy such
      liens or encumbrances of record, together with the cost of recording or
      filing said instruments. As an alternative, Seller may deposit sufficient
      moneys with the title insurance company employed by Purchaser acceptable
      to and required by it to assure their discharge, but only if the title
      insurance company will insure Purchaser's title clear of the matters or
      insure against their enforcement out of the Premises and will insure
      Purchaser's Institutional Lender clear of such matters. Upon notice (by
      telephone or otherwise), given not less than three (3) business days
      before Closing, Purchaser shall provide separate certified or official
      bank checks as requested for these matters.

      18. ENVIRONMENTAL INSPECTION.

            (a) Environmental Investigation. Purchaser shall have the right, at
      its sole expense, to perform an environmental investigation including a
      Phase I site assessment, underground oil storage tank test, asbestos test,
      soil test and any follow up of the issues raised in the Phase I site
      assessment of the premises prepared by Enviro-Sciences and dated September
      2000. The results of Purchaser's environmental investigation shall
      hereinafter be referred as the "Report." Purchaser shall use
      Enviro-Sciences for such investigation. Purchaser shall provide to Seller
      a true and accurate copy of the Report upon Purchaser's receipt thereof.
      If the Report does not indicate the presence of any hazardous materials at
      concentrations that require remediation under applicable environmental
      laws, Purchaser shall proceed to Closing. If the Report

                                       7
<PAGE>
      indicates the presence of hazardous materials at the premises at
      concentrations that require remediation under applicable environmental
      laws, then Purchaser shall have the right, in its reasonable discretion,
      to either (i) terminate this Agreement (in which case the down payment
      shall be returned to Purchaser upon which this Agreement shall terminate
      without any further obligation between the parties hereto), or (ii)
      remediate any such condition, at its sole expense. If Purchaser elects
      "(ii)" in the foregoing sentence, then the parties shall proceed to
      Closing and Purchaser shall conduct such remediation as a post-Closing
      matter. Purchaser shall promptly forward to Seller a true and accurate
      copy of any subsequent report generated following any such remediation,
      which obligation shall survive Closing. If Purchaser elects "(i)" above,
      then notwithstanding such election, Seller may, in its discretion, elect
      to remediate any such conditions identified in the Report at Seller's cost
      and expense, in which case Purchaser's aforesaid election to terminate
      this Contract shall be negated, and Closing shall be delayed to allow
      Seller to complete such remediation. A subsequent report issued by
      Enviro-Scienses concluding that the remediation has been completed and no
      further action is required shall be conclusive evidence of Seller's
      completion of the remediation, and thereafter, Purchaser shall then
      proceed to Closing.

            In the event that Purchaser does not begin its environmental
      investigation within seven (7) days from the receipt of the fully executed
      contracts, or such action is not completed within forty five (45) days
      thereof, the Purchaser will be deemed to have waived the provisions of
      this Paragraph.

            (b) Waiver and Release. Upon Closing, Purchaser, on behalf of itself
      and its successors, assigns and grantees ("Purchaser Parties") waives the
      right of Purchaser Parties to recover from, and forever releases and
      discharges, Seller, Seller's parent, and the affiliates, directors,
      officers, managers, shareholders, employees and agents of Seller and
      Seller's parent ("Seller Parties"), for, from and against any and all
      demands, claims, legal or administrative proceedings, losses, liabilities,
      damages, penalties, fines, liens, judgments, costs or expenses whatsoever
      (including, without limitation, attorneys' fees and court costs), whether
      direct or indirect, known or unknown, foreseen or unforeseen, latent or
      patent, that may arise on account of or in any way be connected with the
      Property, the condition of the Property, asbestos-containing materials at
      the Property, hazardous materials at the Property or any law, regulation,
      order, decree or directive applicable thereto, including, without
      limitation, environmental laws. Without limiting the generality of the
      foregoing, Seller Parties shall have no liability to Purchaser Parties
      with respect to property conditions under common law, or any federal,
      state, or local law or regulation, including, but not limited to, the
      Comprehensive Environmental Response Compensation and Liability Act
      ("CERCLA"), 42 U.S.C. 9601 et seq., as amended; the Resource Conservation
      and Recovery Act ("RCRA"), 42 U.S.C. 6901 et seq., as amended; the Clean
      Air Act ("CAA"), 42 U.S.C. 7401 et seq., as amended; the Clean Water Act
      ("CWA"), 33 U.S.C. 1251 et seq., as amended, and Purchaser Parties hereby
      release and waive any and all claims which Purchaser Parties have or may
      have against Seller Parties with respect to the condition of the Property.
      Purchaser hereby agrees, represents and warrants that Purchaser recognizes
      and acknowledges that factual matters now unknown to Purchaser may give
      rise to causes of action, claims, demands, debts, controversies, damages,
      costs, losses and expenses which are presently unknown, unanticipated and
      unsuspected, and Purchaser further agrees, represents and warrants that
      the waivers and releases herein have been negotiated and agreed upon in
      light of that realization and that Purchaser nevertheless hereby intends
      to release, discharge and acquit Seller Parties from any such unknown
      causes of action, claims, demands, debts, controversies, damages, costs,
      losses and expenses which might in any way be included in the waivers and
      matters released as set forth above, and that the provisions hereof are
      material and included as a material portion of the consideration given to
      Seller by Purchaser in exchange for Seller's performance under this
      Contract. The provisions of this paragraph "18(b)" shall be included in
      the Deed and shall run with the land.

                                       8
<PAGE>
            (c) Purchaser's Indemnity. Purchaser Parties hereby agree to
      indemnify, defend by legal counsel selected by Purchaser to the reasonable
      satisfaction of Seller, and hold Seller Parties harmless from and against
      all demands, claims, legal or administrative proceedings, losses,
      liabilities, damages, penalties, fines, judgments, costs and expenses
      (including, without limitation, attorney's fees and court costs), whether
      direct or indirect, known or unknown, foreseen or unforeseen, latent or
      patent, arising out of or related to the introduction, deposit or release
      of any hazardous materials at the Property or violation of any law,
      regulation, order, decree or directive applicable thereto, including,
      without limitation, environmental laws following Closing, excluding,
      however, such violation that is caused by or attributable to Seller or
      which arises from conditions at the Property present prior to the date of
      this Contract. The provisions of this paragraph "18 C" shall be included
      in the Deed and shall run with the land.

      19. TITLE EXAMINATION; SELLER'S INABILITY TO CONVEY; LIMITATIONS OF
      LIABILITY.

            (a) Purchaser shall order an examination of title in respect of the
      Premises from a title company licensed or authorized to issue title
      insurance by the New York State Insurance Department or any agent for such
      title company promptly after the execution of this contract. Purchaser
      shall cause a copy of the title report and of any additions thereto to be
      delivered to the attorney(s) for Seller promptly after receipt thereof.

            (b)(i) If at the date of Closing Seller is unable to transfer title
      to Purchaser in accordance with this contract, or Purchaser has other
      valid grounds for refusing to close, whether by reason of liens,
      encumbrances or other objections to title or otherwise (herein
      collectively called "Defects"), other than those subject to which
      Purchaser is obligated to accept title hereunder or which Purchaser may
      have waived and other than those which Seller has herein expressly agreed
      to remove, remedy or discharge and if Purchaser shall be unwilling to
      waive the same and to close title without abatement of the purchase price,
      then, except as hereinafter set forth, Seller shall have the right, at
      Seller's sole election, either to take such action as Seller may deem
      advisable to remove, remedy, discharge or comply with such Defects or to
      cancel this contract; (ii) if Seller elects to take action to remove,
      remedy or comply with such Defects, Seller shall be entitled from time to
      time, upon Notice to Purchaser, to adjourn the date for Closing hereunder
      for a period or periods not exceeding sixty 60 days in the aggregate (but
      not extending beyond the date upon which Purchaser's mortgage commitment,
      if any, shall expire or beyond which it can be extended), and the date for
      Closing shall be adjourned to a date specified by Seller not beyond such
      period. If for any reason whatsoever, Seller shall not have succeeded in
      removing, remedying or complying with such Defects at the expiration of
      such adjournment(s), and if Purchaser shall still be unwilling to waive
      the same and to close title without abatement of the purchase price, then
      either party may cancel this contract by Notice to the other given within
      ten (10) days after such adjourned date; (iii) notwithstanding the
      foregoing, the existing mortgage(s) (unless this sale is subject to the
      same) and any matter created by Seller after the date hereof shall be
      released, discharged or otherwise cured by Seller at or prior to Closing.

            (c) If this contract is canceled pursuant to its terms, other than
      as a result of Purchaser's default, this contract shall terminate and come
      to an end, and neither party shall have any further rights, obligations or
      liabilities against or to the other hereunder or otherwise, except that:
      (i) Seller shall promptly refund or cause the Escrowee to refund the
      Downpayment to Purchaser and, unless canceled as a result of Purchaser's
      default or pursuant to paragraph 8, to reimburse Purchaser for the net
      cost of examination of title, including any appropriate additional charges
      related thereto, and the net cost, if actually paid or incurred by
      Purchaser, for updating the existing survey of the Premises or of a new
      survey, and (ii) the obligations under paragraph 25

                                       9
<PAGE>
      shall survive the termination of this contract.

      20. AFFIDAVIT AS TO JUDGMENTS, BANKRUPTCIES, ETC. If a title examination
      discloses judgments, bankruptcies or other returns against persons having
      names the same as or similar to that of Seller, Seller shall deliver an
      affidavit at Closing showing that they are not against Seller.

      21. DEFAULTS AND REMEDIES.

            (a) If Purchaser defaults hereunder, Seller's sole remedy shall be
      to receive and retain the Downpayment as liquidated damages, it being
      agreed that Seller's damages in case of Purchaser's default might be
      impossible to ascertain and that the Downpayment constitutes a fair and
      reasonable amount of damages under the circumstances and is not a penalty.

            (b) If Seller defaults hereunder, Purchaser shall have such remedies
      to which Purchaser shall be entitled at law or in equity, including, but
      not limited to, specific performance.

      22. PURCHASER'S LIEN. All money paid on account of this contract, and the
      reasonable expenses of examination of title to the Premises and of any
      survey and survey inspection charges, are hereby made liens on the
      Premises, but such liens shall not continue after default by Purchaser
      under this contract.

      23. NOTICES. Any notice or other communication ("Notice") shall be in
      writing and either

            (a) sent by either of the parties hereto or by their respective
      attorneys who are hereby authorized to do so on their behalf or by the
      Escrowee, by registered or certified mail, postage prepaid, or

            (b) delivered in person or by overnight courier, with receipt
      acknowledged, to the respective addresses given in this contract for the
      party and the Escrowee, to whom the Notice is to be given, or to such
      other address as such party or Escrowee shall hereafter designate by
      Notice given to the other party or parties or their respective attorneys,
      and the Escrowee pursuant to this paragraph. Each Notice mailed shall be
      deemed given on the third business day following the date of mailing the
      same, except that any notice to Escrowee shall be deemed given only upon
      receipt by Escrowee and each Notice delivered in person or by overnight
      courier shall be deemed given when delivered.

      24. NO ASSIGNMENT. This contract may not be assigned by Purchaser without
      the prior written consent of Seller in each instance and any purported
      assignment(s) made without such consent shall be void except to an
      affiliate of Seller.

      25. BROKER. Seller and Purchaser each represents and warrants to the other
      that it has not dealt with any real estate broker in connection with this
      sale other than HARLOWE REALTY SERVICES, INC. And CUSHMAN & WAKEFIELD
      ("Broker") and Seller shall pay Broker any commission earned pursuant to a
      separate agreement between Seller and Broker. Seller and Purchaser shall
      indemnify and defend each other against any costs, claims and expenses,
      including reasonable attorneys' fees, arising out of the breach on their
      respective parts of any representation or agreement contained in this
      paragraph. The provisions of this paragraph shall survive Closing or, if
      Closing does not occur, the termination of this contract.

      26. MISCELLANEOUS.

                                       10
<PAGE>
            (a) All prior understandings, agreements, representations and
      warranties, oral or written, between Seller and Purchaser are merged in
      this contract; it completely expresses their full agreement and has been
      entered into after full investigation, neither party relying upon any
      statement made by anyone else that is not set forth in this contract.

            (b) Neither this contract nor any provision thereof may be waived,
      changed or canceled except in writing. This contract shall also apply to
      and bind the heirs, distributees, legal representatives, successors and
      permitted assigns of the respective parties. The parties hereby authorize
      their respective attorneys to agree in writing to any changes in dates and
      time periods or other consents or options provided for in this contract as
      if made between the parties themselves. Absent fraud or bad faith, the
      attorneys shall have no liability for the exercise of such discretion.

            (c) Any singular word or term herein shall also be read as in the
      plural and the neuter shall include the masculine and feminine gender,
      whenever the sense of this contract may require it.

            (d) The captions in this contract are for convenience of reference
      only and in no way define, limit or describe the scope of this contract
      and shall not be considered in the interpretation of this contract or any
      provision hereof.

            (e) This contract shall not be binding or effective until duly
      executed and delivered by Seller and Purchaser.

            (f) Seller and Purchaser shall comply with IRC reporting
      requirements, if applicable. This subparagraph shall survive Closing.

            (g) Each party shall, at any time and from time to time, execute,
      acknowledge where appropriate and deliver such further instruments and
      documents and take such other action as may be reasonably requested by the
      other in order to carry out the intent and purpose of this contract. This
      subparagraph shall survive Closing.

            (h) This contract is intended for the exclusive benefit of the
      parties hereto and, except as otherwise expressly provided herein, shall
      not be for the benefit of, and shall not create any rights in, or be
      enforceable by, any other person or entity.

            (i) All time periods shall begin to run on the date a fully executed
      counterpart of this agreement is returned to the attorney for the
      Purchaser.

                              [SIGNATURE TO FOLLOW]

                                       11
<PAGE>
IN WITNESS WHEREOF, this contract has been duly executed by the parties hereto.

SELLER:                                      PURCHASER:

WELCOME WAGON INTERNATIONAL, INC.            115 SOUTH SERVICE ROAD, LLC

By: /s/ JACK DENNISON                        By: /s/ JOHN MARCIANO
Name: Jack Dennison                          Name: John Maciano
Title:  COO                                  Title:  Member
Date: 4-26-04                                Date:  4-23-04

ATTORNEY FOR SELLER:                         ATTORNEY FOR PURCHASER:

Forchelli, Curto, Schwartz,                  Certilman Balin
Mineo, Carlino & Cohn, LLP                   90 Merrick Avenue
330 Old Country Road                         East Meadow, NY 11554
Mineola, New York 11501                      ATTN: Howard Stein, Esq.
ATTN:  Brian R. Sahn, Esq.

                                       12
<PAGE>
                                   Schedule A

ALL that certain plot piece or parcel of land, together with the buildings and
improvements thereon erected, situated, lying and being in the Village of
Westbury, Town of Oyster Bay, County of Nassau, and State of New York, bounded
and described as follows:

Beginning at the southwesterly corner therefore, at a stake set in the new
northerly side of Jericho Turnpike at the division line between the premises
herein described and the land now or formerly of Purcell, Hendy and Kinsella;
said beginning point also being distant the following (2) courses and distances
from the intersection of the northerly side of Jericho Turnpike with the
easterly side of East Greentree Circle:

      1.    Easterly along the northerly side of Jericho Turnpike, 849.7 feet
            more or less;

      2.    North 00 degrees 01 minutes 30 seconds west, 27.00 feet to the True
            Point or Place of Beginning.

Running thence north 0 degrees 01 minutes 30 seconds west along said land of
Purcell 704.17 feet to a stake;

Thence south 68 degrees 01 minutes 10 seconds west along said land of Purcell
and land now or formerly of Clark, formally Thompson, 163.69 feet to stake;

Thence north 0 degrees 10 minutes 50 seconds east along said land of Clark
284.73 feet to the southerly side of Long Island Expressway Service Road;

Thence north 84 degrees 07 minutes 20 seconds east along the southerly side of
Long Island Expressway Service Road, 344.16 feet;

Thence south 0 degrees 01 minutes 30 seconds east, 514.14 feet to a stake and
land now or formally of Edgewood Hotel;

Thence south 68 degrees 24 minutes 40 seconds west along land now or formally of
the Edgewood Hotel, 144.08 feet to a stake;

Thence south 0 degrees 18 minutes 40 seconds west along said land now or
formally of the Edgewood Hotel 370.67 feet to a stake on the northerly side of
Jericho Turnpike;

Thence south 55 degrees 40 minutes 18 seconds west along the new northerly side
of Jericho Turnpike, 60.79 feet to the Point Place of beginning.

For information only:  Section 17, Block 16, Lot 25

                                       13
<PAGE>
                       ASSIGNMENT AND ASSUMPTION AGREEMENT

      FOR VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, 115
SOUTH SERVICE ROAD, LLC, a limited liability company having an address at 760
Jericho Turnpike, Woodbury, New York 11590 ("Assignor") hereby grants and
assigns to LONG ISLAND WEST FAMILY, LLC, a New York limited liability company
having an address at c/o PJC REALTY LLC, 184 East Main Street, Babylon, New York
11702 ("Assignee") all of the right, title and interest of Assignor under or in
connection with that certain Contract of Sale ("Sales Agreement") dated April
23, 2004 (attached hereto), by and between Assignor and WELCOME WAGON
INTERNATIONAL, INC., a New York corporation ("Seller"), including, without
limitation, all right, title and interest of the Assignor in the escrow deposit
made pursuant to the Sales Agreement (the "Escrow Fund").

      Assignee hereby assumes and agrees to perform all of the Assignor's
obligations and liabilities under or in connection with the Sales Agreement,
including, without limitation, all obligations and liabilities in connection
with (i) the Escrow Fund and (ii) Paragraph "18" of the Sales Agreement.
Further, Assignor agrees that it shall remain jointly and severally liable for
all such obligations and liabilities.

      This Assignment shall be binding on and shall inure to the benefit of the
parties hereto, and shall inure to the benefit of the Seller and its successors
and assigns. This Assignment may not be amended, terminated or assigned without
the prior written consent of the Seller in Seller's sole discretion.

      IN WITNESS WHEREOF, the undersigned have executed this Assignment and
Assumption Agreement in Mineola, New York as of July 28, 2004.

ASSIGNOR                                ASSIGNEE

115 SOUTH SERVICE ROAD, LLC             LONG ISLAND WEST FAMILY, LLC

By: /s/ JOHN MARCIANO                   By: /s/ PATRICK J. CONSALVAS
        John Marciano                           Patrick J. Consalvas
Title:  Member                          Title: Manager
       -------------------------               -----------------------------

      The undersigned Seller in the Sales Agreement referred to in the foregoing
Assignment and Assumption Agreement, hereby approves and consents to the
foregoing assignment of the Assignor's interest in the Sales Agreement and the
Escrow Fund to the Assignee.

WELCOME WAGON INTERNATIONAL, INC.
a New York corporation

By: /s/ LEW BELOTE                          Dated:  7/28/04

Title:  Treasurer                           Place:  Westlake Village, CA

                                       14

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