Document:

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                                                                    EXHIBIT 10.6

                        ASSIGNMENT OF RIGHT TO SUBLICENSE
                                 USE OF SOFTWARE

       ENTERED INTO AT MONTREAL, PROVINCE OF QUEBEC, ON NOVEMBER 8, 2000;

BETWEEN: MCE HOLDING CORPORATION, a corporation incorporated under the laws of
         the State of Delaware, United States of America, having its registered
         office in Dover, County of Kent, State of Delaware (U.S.A.), ("UsCo");

         PARTY OF THE FIRST PART

AND:     3044016 NOVA SCOTIA COMPANY, a corporation incorporated under the laws
         of Nova Scotia, having its registered office in Halifax, Nova Scotia,
         ("NSCo");

         PARTY OF THE SECOND PART

AND:     ERICSSON CANADA INC, a corporation incorporated under the laws of
         Canada, having its registered office in Montreal, Quebec, ("ERICSSON");

WITNESSETH:

WHEREAS ERICSSON TELECOM A.B. has granted to Ericsson a non-exclusive license to
use the software known as "iPulse 1.5" (the "Software") and Ericsson has granted
to UsCo a non-exclusive licence to use the Software only for the purposes
provided in a license agreement entered into on November 8, 2000 between UsCo
and Ericsson, a copy of which is attached hereto as Exhibit A (the "LICENSE
AGREEMENT") to form part of this Assignment;

WHEREAS UsCo has, under the License Agreement, an assignable right to sublicense
use of the Software only as provided in the License Agreement;

WHEREAS UsCo wishes to assign to NSCo its right to sublicense use of the
Software only as provided in the License Agreement;

WHEREAS NSCo agrees to be bound by all of the terms and conditions of the
License Agreement;

WHEREAS Ericsson agrees to the assignment by UsCo to NSCo of its right to
sublicense use of the Software and undertakes to be bound toward NSCo by all of
its obligations under the License Agreement;;

NOW THEREFORE the parties hereto hereby covenant and agree as follows:
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                                     - 2 -

                                   ARTICLE 1

                         DEFINITIONS AND INTERPRETATIONS

1.1      DEFINITIONS - As used in this Assignment, the following terms have the
         following meaning:

         1.1.1    "ASSIGNMENT" means this Assignment of Right to Sublicense Use
                  of the Software;

         1.1.2    "LICENSE AGREEMENT" means the License Agreement entered into
                  on November 8, 2000 between UsCo and Ericsson, together with
                  all the exhibits, schedules and written instruments
                  supplemental thereto;

         1.1.3    "NSCO SHARES" means 633,659 common shares of the capital stock
                  of NSCo issued to UsCo pursuant to this Assignment;

         1.1.4    "SUBSIDIARY" means a company which satisfies the conditions
                  provided at Section 2(5) of the Canada Business Corporations
                  Act;

         1.1.5    "TERMS & CONDITIONS" means the terms and conditions set forth
                  in Schedule 1 to the License Agreement.

1.2      APPLICABLE LAW - This Assignment shall be construed and enforced in
         accordance with, and the rights of the parties shall be construed and
         governed by, the laws of the Province of Quebec and the laws of Canada
         applicable therein.

1.3      CURRENCY - In this Assignment, all money amounts are expressed in
         United States dollars unless otherwise provided.

1.4      RECITALS AND SCHEDULE - The recitals and Exhibits A and B form an
         integral part of this Assignment.

1.5      HEADINGS - The titles and headings in this Assignment are solely for
         reference and shall not affect the scope, intention or interpretation
         of the provisions hereof.

1.6      GENDER - In all cases where the context of this Assignment requires or
         permits same, the singular shall include the plural and the masculine
         shall include the feminine.

1.7      ENTIRE AGREEMENT - This Assignment, together with the License
         Agreement, constitute the entire agreement between the parties
         pertaining to the subject matter hereof and supersede all prior
         agreements, and there are no warranties, representations or other
         agreements between the parties in connection with the subject matter
         hereof except as specifically set forth herein and, the other documents
         to be delivered pursuant hereto.

1.8      SEVERABILITY - Each provision of this Assignment shall be interpreted
         separately and the nullity of any provision of this Assignment shall
         not render the remaining parts of the Assignment null.
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                                     - 3 -

1.9      WAIVER - No supplement, modification or waiver or termination of this
         Assignment shall be binding unless executed in writing by the party to
         be bound thereby. No waiver of any of the provisions of this Assignment
         shall be deemed or shall constitute a waiver of any other provisions
         (whether or not similar) nor shall such waiver constitute a continuing
         waiver unless otherwise expressly provided.

                                   ARTICLE 2

                       ASSIGNMENT OF RIGHT TO SUB-LICENSE

2.1      ASSIGNMENT - UsCo hereby assigns to NSCo its right under the License
         Agreement.

2.2      PRICE - As consideration for this Assignment to NSCo, NSCo shall pay to
         UsCo an amount of $6,336,588.75 (the "PRICE").

2.3      PAYMENT - The Price is hereby paid to UsCo by NSCo by the delivery to
         UsCo of the NSCo Shares.

2.4      The parties agree that all of the obligations of UsCo and Ericsson
         under the License Agreement are incorporated herein by reference; NSCo
         specifically undertakes to be bound by all of UsCo's obligations under
         the License Agreement and Ericsson undertakes to be bound toward NSCo
         by all of its obligations under the License Agreement.

                                   ARTICLE 3

                     WARRANTIES AND REPRESENTATIONS OF USCO

UsCo warrants and represents to NSCo as follows and acknowledges that NSCo is
relying upon such representations and warranties in connection with the
assignment to NSCo of the right to sublicense use of the Software and that NSCo
would not have entered into this Assignment without the full benefit of such
warranties and representations.

3.1      CORPORATE STATUS - UsCo is a corporation duly incorporated, organized
         and is validly existing under the laws of the State of Delaware (United
         States of America) and is in good standing under the laws of each
         jurisdiction in which it is carrying on business or in which it owns or
         holds property.

3.2      POWERS AND AUTHORIZATIONS - UsCo has the capacity, power and authority
         and full legal right to enter into and execute this Assignment and all
         ancillary documents hereto and to perform all of its obligations
         thereunder. UsCo has taken all necessary action to authorize the
         execution of this Assignment and its ancillary documents on its behalf
         by its officers, directors and shareholders and to authorize the
         performance of all of its obligations thereunder; this Assignment and
         such ancillary documents have been duly executed by a duly authorized
         person on behalf UsCo and this Assignment and its ancillary documents
         constitute valid and legally binding obligations of UsCo enforceable
         against it in accordance with their terms, except as enforcement may be
         limited by
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                                     - 4 -

         bankruptcy, insolvency, and other laws affecting the rights of
         creditors generally and except that equitable remedies may be granted
         only in the discretion of a court of competent jurisdiction.

3.3      ABSENCE OF CONFLICTING AGREEMENTS ETC. - Save and except as may result
         from the identity of NSCo or its attributes or actions, the execution
         and performance of this Assignment as well as of all the documents
         relating thereto shall not (i) place UsCo in a situation of default
         under any agreement, contract or obligation of any kind, (ii) result in
         the creation of, or require the creation of any lien upon the Software,
         or (iii) result in the termination, cancellation, modification,
         amendment, or renegotiations of any contract, agreement, indenture,
         instrument or commitment to which the Software is subject.

3.4      TRUE AND COMPLETE REPRESENTATIONS AND WARRANTIES - The representations
         and warranties of UsCo contained in this Assignment are true, accurate
         and complete in all material respects and there has been no omission by
         UsCo to state any fact necessary to make the statements herein not
         misleading.

                                   ARTICLE 4

                     WARRANTIES AND REPRESENTATIONS OF NSCO

NSCo warrants and represents to UsCo as follows and acknowledges that UsCo is
relying upon such representations and warranties in connection with the
assignment to NSCo of the right to sublicense use of the Software and that UsCo
would not have entered into this Assignment without the full benefit of such
warranties and representations.

4.1      CORPORATE STATUS - NSCo is a corporation duly incorporated, organized
         and is validly existing under the laws of the Province of Nova Scotia
         (Canada) and is in good standing under the laws of each jurisdiction in
         which it is carrying on business or in which it owns or holds property.

4.2      SUBSIDIARY - NSCo is a wholly-owned subsidiary of UsCo in Canada.

4.3      CORPORATE POWERS AND AUTHORIZATIONS - NSCo has the capacity, power and
         authority and full legal right to enter into and execute this
         Assignment and all ancillary documents hereto and to perform all of its
         obligations hereunder, including the obligations of UsCo under the
         License Agreement. NSCo has taken all necessary action to authorize
         execution of this Assignment and its ancillary documents on its behalf
         by its officers, directors and shareholders and to authorize the
         performance of all its obligations thereunder. This Assignment and such
         ancillary documents have been duly executed by a duly authorized person
         on behalf of NSCo and this Assignment and its ancillary documents
         constitute valid and legally binding obligations of NSCo enforceable
         against it in accordance with their terms, except as enforcement may be
         limited by bankruptcy, insolvency, and other laws affecting the rights
         of creditors generally and except that equitable remedies may be
         granted only in the discretion of a court of competent jurisdiction.
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                                     - 5 -

4.4      VALID ISSUANCE OF SHARES - The board of directors of NSCo has duly
         authorized and issued to UsCo in accordance with all relevant and
         applicable corporate and securities laws, the NSCo Shares, as fully
         paid and non-assessable.

4.5      REPRESENTATIONS AND WARRANTIES - The representations and warranties of
         NSCo contained in this Assignment are true, accurate and complete in
         all material respects and there has been no omission by NSCo to state
         any fact necessary to make the statements herein not misleading.

                                   ARTICLE 5

                   SURVIVAL OF REPRESENTATIONS AND WARRANTIES

5.1      SURVIVAL OF REPRESENTATIONS AND WARRANTIES - All the warranties and
         representations and covenants and agreements made and given hereunder
         or in any agreement contemplated hereby shall continue to have full
         force and effect from the date of execution hereof.

                                   ARTICLE 6

                                  MISCELLANEOUS

6.1      FURTHER ASSURANCES - Each party upon the request of the other party,
         whether before or after the date hereof, shall do, execute, acknowledge
         and deliver or cause to be done, executed, acknowledged or delivered
         all such further acts, deeds, documents, assignments, transfers
         conveyances and assurances as may be reasonably necessary or desirable
         to effect complete consummation of the transactions contemplated by
         this Assignment.

6.2      SUCCESSORS IN INTEREST - This Assignment and the provisions hereof
         shall enure to the benefit of and be binding upon the parties and their
         respective successors and assigns. Neither NSCo or UsCo may assign any
         of its rights and obligations hereunder without the prior consent of
         the other party.

6.3      NOTICES - Any notice, direction or other instrument required or
         permitted to be given hereunder shall be in writing and shall be
         delivered either by personal delivery or by telex, telecopier or
         similar telecommunication device and addressed as follows:
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                                     - 6 -

                  (a)      in the case of UsCo, to it at:

                           MCE Holding Corporation
                           Snorrabraut 54
                           IS-105 Reykjavik
                           Iceland

                           Attention:  General Counsel

                           Telecopier: (354) 535-0080

                  (b)      in the case of NSCo, to it at:

                           Snorrabraut 54
                           IS-105 Reykjavik
                           Iceland

                           Attention:  General Counsel

                           Telecopier: (354) 535-0080

Any notice, direction or other instrument aforesaid shall be deemed to have been
given and received, if sent by telex, telecopier or similar telecommunications
device on the next business day following receipt of such transmission or, if
delivered, to have been given and received on the date of such delivery. Any
party may change its address for service by written notice given as aforesaid.

6.4      EXPENSES - Each party shall bear and pay all costs, expenses and fees
         (including, without limitation, legal counsel and accounting fees and
         disbursements) incurred by it in connection with the preparation,
         execution and consummation of this Assignment and the transactions
         contemplated hereunder; it being understood, whether or not the
         transaction contemplated in this Assignment and ancillary documentation
         closes, UsCo shall not be responsible and shall not assume any of
         NSCo's transaction expenses.

6.5      COUNTERPARTS - This Assignment may be executed in one or more
         counterparts, each of which when so executed shall be deemed an
         original, and such counterparts together shall constitute one and the
         same instrument.

6.6      NO THIRD PARTY BENEFICIARIES - Except as otherwise indicated herein,
         nothing in this Assignment shall confer any rights upon any person or
         entity not a party or a permitted transferee of a party to this
         Assignment.
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                                     - 7 -

IN WITNESS WHEREOF, the parties and Ericsson have executed this Assignment on
the date and at the place first above mentioned.

                                        MCE HOLDING CORPORATION

                                        By: /s/ GUNNAR THORODSSEN
                                            -------------------------------

                                        3044016 NOVA SCOTIA COMPANY

                                        By: /s/ GUNNAR THORODSSEN
                                            -------------------------------

                                        ERICSSON CANADA INC.

                                        By: /s/ DAVID WILLIAMS General Counsel
                                            ----------------------------------
<PAGE>   8
                                                                       EXHIBIT A

                                LICENSE AGREEMENT

ENTERED INTO AT MONTREAL, PROVINCE OF QUEBEC, ON NOVEMBER 8, 2000;

AMONG:   MCE HOLDING CORPORATION, a corporation incorporated under the laws of
         the State of Delaware, United States of America, having its registered
         office in Dover, County of Kent, State of Delaware (U.S.A.), ("UsCo");

AND:     ERICSSON CANADA INC., a corporation incorporated under the laws of
         Canada, having its registered office in Montreal, Quebec, ("ERICSSON");

WITNESSETH:

WHEREAS ERICSSON TELECOM AB owns a certain computer software known as "IPULSE
1.5", the whole as described in more detail at Exhibit A hereto (the
"SOFTWARE");

WHEREAS ERICSSON TELECOM AB has granted to Ericsson a non-exclusive license to
use the Software as provided herein;

WHEREAS Ericsson wishes to grant to UsCo a non-exclusive license to use the
Software only for the purposes provided herein.

NOW THEREFORE the parties hereto hereby covenant and agree as follows.

                                   ARTICLE 1

                         DEFINITIONS AND INTERPRETATIONS

1.1      DEFINITIONS - As used in this Agreement, the following terms have the
         following meaning:

         1.1.1    "AGREEMENT" means this License Agreement including its
                  recitals, its Schedules and all written instruments
                  supplemental hereto signed by all the parties hereto, and any
                  amendment or confirmation hereof;

         1.1.2    "BUSINESS DAY" means any day, other than a Saturday, Sunday,
                  or other day on which the majority of the branches of the
                  principal commercial banks located in Montreal, Quebec are not
                  open for business during normal banking hours;

         1.1.3    "LIENS" means (i) all hypothecs, mortgages, pledges,
                  privileges, liens, security interests, transfers of property
                  in stock, security granted under the Bank Act (Canada),
                  charges, leases, occupation rights, restrictive covenants,
<PAGE>   9
                                     - 2 -

                  title defects and other encumbrances or rights of others of
                  any nature whatsoever or however arising, and (ii) all
                  actions, claims or demands of any nature whatsoever or
                  howsoever arising; and "Lien" means any one of them;

         1.1.4    "MICROCELL" means Microcell Telecommunications Inc. and
                  certain affiliated companies, as defined in the Terms &
                  Conditions;

         1.1.5    "PARTIES" means Ericsson and UsCo and "Party" means any one of
                  them;

         1.1.6    "PERSON" means an individual, a corporation, a partnership, a
                  trustee or any unincorporated organization;

         1.1.7    "SUBSIDIARY" means a company which satisfies the conditions
                  provided at Section 2(5) of the Canada Business Corporations
                  Act;

         1.1.8    "TERMS & CONDITIONS" means the terms and conditions set forth
                  in Schedule 1 hereto.

         1.1.9    "UsCo SHARES" means 31 fully paid and non-assessable common
                  shares of the Capital Stock of UsCo issued to Ericsson
                  pursuant to this Agreement.

1.2      OTHER DEFINITIONS - Defined terms in this Agreement, not otherwise
         defined herein, have the meaning ascribed thereto in Schedule 1.

1.3      APPLICABLE LAW - This Agreement shall be construed and enforced in
         accordance with, and the rights of the Parties shall be construed and
         governed by, the laws of the Province of Quebec and the laws of Canada
         applicable therein.

1.4      CURRENCY - In this Agreement, all money amounts are expressed in United
         States dollars unless otherwise provided.

1.5      RECITALS AND SCHEDULE - The recitals, Schedule 1 and Exhibits A and B
         form an integral part of this Agreement.

1.6      HEADINGS - The titles and headings in this Agreement are solely for
         reference and shall not affect the scope, intention or interpretation
         of the provisions hereof.

1.7      GENDER - In all cases where the context of this Agreement requires or
         permits same, the singular shall include the plural and the masculine
         shall include the feminine.

1.8      ENTIRE AGREEMENT - This Agreement, and the agreements and other
         documents to be delivered pursuant hereto, constitute the entire
         agreement between the Parties pertaining to the subject matter hereof
         and supersede all prior agreements, and there are no warranties,
         representations or other agreements between the Parties in connection
         with the subject matter hereof except as specifically set forth herein
         and, the other documents to be delivered pursuant hereto.
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                                     - 3 -

1.9      SEVERABILITY - Each provision of this Agreement shall be interpreted
         separately and the nullity of any provision of this Agreement shall not
         render the remaining parts of the Agreement null.

1.10     WAIVER - No supplement, modification or waiver or termination of this
         Agreement shall be binding unless executed in writing by the Party to
         be bound thereby. No waiver of any of the provisions of this Agreement
         shall be deemed or shall constitute a waiver of any other provisions
         (whether or not similar) nor shall such waiver constitute a continuing
         waiver unless otherwise expressly provided.

                                   ARTICLE 2

                                GRANT OF LICENSE

2.1      LICENSE - Ericsson hereby grants to UsCo a non-transferable,
         non-revocable, non-exclusive license to use the Software only for the
         purpose of granting a non-transferable sublicense to Microcell, only
         for use in Canada on the Terms and Conditions, The right to sublicense
         granted hereunder may be assigned to a wholly owned subsidiary of UsCo
         in Canada, subject to such subsidiary agreeing to be bound by all of
         UsCo's obligations under this Agreement. Any rights other than those
         required to provide the rights expressly granted to Microcell as set
         forth in the Terms and Conditions, have been retained by Ericsson
         Telecom A.B. and are not included in this Agreement.

2.2      SUBLICENSE - The sublicense with Microcell shall reflect all of the
         Terms and Conditions and shall be consistent therewith.

2.3      PRICE - As consideration for the license hereby granted to UsCo, UsCo
         shall pay to Ericsson an amount of $6,336,588.75 (the "Price").

2.4      PAYMENT - The Price is hereby paid to Ericsson by UsCo by the delivery
         to Ericsson of the UsCo Shares.

2.5      The parties agree that the obligations provided at Article 7
         (Confidentiality) of the Terms and Conditions are incorporated herein
         by reference to bind the parties hereto and UsCo also undertakes to
         enforce compliance of its sublicensee with these obligations and with
         the obligations set forth in Article 3 (Trade-marks) of the Terms and
         Conditions.

                                   ARTICLE 3

                   WARRANTIES AND REPRESENTATIONS OF ERICSSON

         Ericsson warrants and represents to UsCo as follows and acknowledges
         that UsCo is relying upon such representations and warranties in
         connection with the granting of the license and that UsCo would not
         have entered into this Agreement without the full benefit of such
         warranties and representations.
<PAGE>   11
                                     - 4 -

3.1      CORPORATE STATUS - Ericsson is a corporation duly incorporated,
         organized and is validly existing under the laws of Canada and is in
         good standing under the laws of each jurisdiction in which it is
         carrying on business or in which it owns or holds property.

3.2      POWERS AND AUTHORIZATIONS - Ericsson has the capacity, power and
         authority and full legal right to enter into and execute this Agreement
         and to perform all of its obligations hereunder; Ericsson has taken all
         necessary action to authorize the execution of this Agreement on its
         behalf by its officers, directors and shareholders and to authorize the
         performance of all of its obligations hereunder; this Agreement has
         been duly executed by a duly authorized person on behalf of Ericsson
         and this constitutes valid and legally binding obligations of Ericsson
         enforceable against it in accordance with its terms, except as
         enforcement may be limited by bankruptcy, insolvency, and other laws
         affecting the rights of creditors generally and except that equitable
         remedies may be granted only in the discretion of a court of competent
         jurisdiction.

3.3      ABSENCE OF CONFLICTING AGREEMENTS ETC. - Save and except as may result
         from the identity of UsCo or its attributes or actions, the execution
         and performance of this Agreement as well as of all the documents
         relating thereto shall not (i) place Ericsson in a situation of default
         under any agreement, contract or obligation of any kind, (ii) result in
         the creation of, or require the creation of any Lien upon the Software,
         or (iii) result in the termination, cancellation, modification,
         amendment, or renegotiations of any contract, agreement, indenture,
         instrument or commitment to which the Software is subject.

3.4      TRUE AND COMPLETE REPRESENTATIONS AND WARRANTIES - The representations
         and warranties of Ericsson contained in this Agreement are true,
         accurate and complete in all material respects and there has been no
         omission by Ericsson to state any fact necessary to make the statements
         herein not misleading.

                                   ARTICLE 4

                     WARRANTIES AND REPRESENTATIONS OF USCO

UsCo warrants and represents to Ericsson as follows and acknowledges that
Ericsson is relying upon such representations and warranties in connection with
the granting of the license to UsCo and that Ericsson would not have entered
into this Agreement without the full benefit of such warranties and
representations.

4.1      CORPORATE STATUS - UsCo is a corporation duly incorporated, organized
         and is validly existing under the laws of the State of Delaware (United
         States of America) and is in good standing under the laws of each
         jurisdiction in which it is carrying on business or in which it owns or
         holds property.

4.2      CORPORATE POWERS AND AUTHORIZATIONS - UsCo has the capacity, power and
         authority and full legal right to enter into and execute this Agreement
         and all ancillary documents hereto and to perform all of its
         obligations thereunder. UsCo has taken all necessary action to
         authorize the execution of this Agreement and its ancillary documents
         on its behalf by its officers, directors and shareholders and to
         authorize the performance of all of its obligations thereunder; this
         Agreement and such ancillary documents have been duly executed by a
         duly authorized person on behalf UsCo and this Agreement and its
<PAGE>   12
                                     - 5 -

         ancillary documents constitute valid and legally binding obligations of
         UsCo enforceable against it in accordance with their terms, except as
         enforcement may be limited by bankruptcy, insolvency, and other laws
         affecting the rights of creditors generally and except that equitable
         remedies may be granted only in the discretion of a court of competent
         jurisdiction.

4.3      VALID ISSUANCE OF SHARES - The board of directors of UsCo has duly
         authorized and issued to Ericsson, in accordance with all relevant and
         applicable corporate and securities laws, the UsCo Shares, as fully
         paid and non-assessable, free and clear of any liens.

4.4      The minute books of UsCo and its Canadian subsidiary are complete and
         accurate and contain copies of all by-laws and resolutions passed by
         its stockholders and directors since the date of their incorporation;
         all of which by-laws and resolutions have been duly passed. The share
         certificate books, register of stockholder, register of transfer and
         register of directors are complete and accurate.

4.5      REPRESENTATIONS AND WARRANTIES - The representations and warranties of
         UsCo contained in this Agreement are true, accurate and complete in all
         material respects and there has been no omission by UsCo to state any
         fact necessary to make the statements herein not misleading.

                                   ARTICLE 5

                   SURVIVAL OF REPRESENTATIONS AND WARRANTIES

5.1      SURVIVAL OF REPRESENTATIONS AND WARRANTIES - All the warranties and
         representations and covenants and agreements made and given hereunder
         or in any agreement contemplated hereby shall continue to have full
         force and effect from the date of execution hereof, notwithstanding any
         verification made by any of the Parties.

                                   ARTICLE 6

                                      TERM

6.1      TERM - This Agreement shall terminate on the date which is three (3)
         years from the date (the "Commencement Date") which is earlier of (a)
         the first commercial use of the Software by Microcell and (b) May 15,
         2001.

                                   ARTICLE 7

                      INDEMNITY AND LIMITATION OF WARRANTY

7.1      Subject to Section 7.5 below, Ericsson will defend, at its expense, any
         actions brought against UsCo to the extent that the use of the Software
         infringes any third party's
<PAGE>   13
                                     - 6 -

         intellectual property rights and Ericsson shall indemnify and hold UsCo
         harmless with respect to all resulting court costs and damages
         definitely awarded against UsCo for such infringement of intellectual
         property rights, except where UsCo uses the Software in conjunction
         with equipment or apparatus not supplied by Ericsson and the
         infringement arises from such use in conjunction with this equipment or
         apparatus, the whole provided that:

         7.1.1    UsCo notifies Ericsson in writing of any matter in respect of
                  which the foregoing may apply within five (5) Business Days of
                  becoming aware of such matter; and

         7.1.2    Ericsson has sole control over the defense, settlement or
                  compromise of any such action.

7.2      Subject to Section 7.5 below, if the use of the Software is held to
         constitute infringement of a third party's rights or in Ericsson's
         opinion is likely to become the subject of a claim based on an alleged
         infringement or breach as aforesaid, Ericsson must use commercially
         reasonable efforts to accomplish, at its expense, one of the following,
         at its option:

         7.2.1    modify the Software so that there is no longer any
                  infringement or breach;

         7.2.2    procure for UsCo the right to continue to use the Software as
                  modified;

         7.2.3    replace the Software, or any part thereof with non-infringing
                  software or component.

         The foregoing states the entire liability of Ericsson with respect to
         any intellectual property claim made against UsCo.

7.3      Subject to 7.4 below, Ericsson warrants only that the Software will
         perform in substantial accordance with the accompanying user manual,
         documents or product descriptions for ninety (90) days following the
         Commencement Date. Ericsson's and Ericsson Telecom A.B.'s entire
         liability and UsCo's exclusive remedy for any claim against them shall
         be, at Ericsson's option, to repair or replace the portion of the
         Software which does not meet the above limited warranty; provided that
         there have been no modifications to, or attempts to modify, the
         Software in any manner whatsoever and the non-performing portion of the
         Software is returned to Ericsson. Except as provided above, the
         Software is provided "As Is" and without warranties, express or
         implied, including implied warranties of merchantability or fitness for
         a particular purpose. UsCo assumes all risks as to selection, quality,
         installation, results and performance. Ericsson does not warrant that
         the Software will meet UsCo's or its sublicensees' requirements or that
         the operation of the Software will be uninterrupted or error free.

7.4      Neither Ericsson nor Ericsson Telecom A.B. nor any of their suppliers
         shall be liable for any special, incidental, indirect, or consequential
         damages whatsoever (including without limitation loss of business or
         profits, business interruption or delay, or loss or inability to use
         data), even if they or any of their suppliers have been advised of the
         possibility of such damages. Regardless of whether any remedy set forth
         in this Agreement fails of its essential purpose, UsCo shall have no
         other recourse in connection with its use of the Software.
<PAGE>   14
                                     - 7 -

7.5      Any recourse which UsCo might otherwise have against Ericsson pursuant
         to Section 7.1 and 7.2 will not apply to any portion of the Software
         which was created, developed or supplied to Ericsson by OZ.COM or any
         related company under the terms of the General Cooperation and
         Development Agreement between Ericsson Radio Systems AB and OZ.COM ("OZ
         Software"), and where any action for infringement arises in connection
         with the use of OZ Software, Ericsson shall have no obligation to UsCo
         or any sublicensee and UsCo renounces to any rights or recourses it may
         have against Ericsson and agrees that the sole recourse available to it
         or its licensees shall be against OZ.COM.

7.6      The provisions of this Article 7 shall survive the termination or
         expiration of this Agreement.

                                   ARTICLE 8

                                  MISCELLANEOUS

8.1      FURTHER ASSURANCES - Each Party upon the request of the other Party,
         whether before or after the date hereof, shall do, execute, acknowledge
         and deliver or cause to be done, executed, acknowledged or delivered
         all such further acts, deeds, documents, assignments, transfers
         conveyances and assurances as may be reasonably necessary or desirable
         to effect complete consummation of the transactions contemplated by
         this Agreement.

8.2      SUCCESSORS IN INTEREST - This Agreement and the provisions hereof shall
         enure to the benefit of and be binding upon the Parties and their
         respective successors and assigns. UsCo and Ericsson may not assign
         this Agreement or any of its rights and obligations hereunder without
         the prior consent of the other Party, save and except that UsCo may
         assign this Agreement as specifically provided herein or to OZ.COM
         pursuant to a merger or any other type of reorganization.

8.3      NOTICES - Any notice, direction or other instrument required or
         permitted to be given hereunder shall be in writing and shall be
         delivered either by personal delivery or by telex, telecopier or
         similar telecommunication device and addressed as follows:

         (a)      in the case of Ericsson, to it at:

                               ERICSSON CANADA INC.
                               8400 Decarie Blvd
                               Town of Mount Royal, Quebec
                               H4P 2N2

                               Attention:  General Counsel

                               Telecopier: (514) 345-7981
<PAGE>   15
                                     - 8 -

         (b)      in the case of UsCo, to it at:

                               MCE Holding Corporation
                               Snorrabraut 54
                               IS-105 Reykjavik
                               Iceland

                               Attention:  General Counsel

                               Telecopier: (354) 535-0080

         Any notice, direction or other instrument aforesaid shall be deemed to
         have been given and received, if sent by telex, telecopier or similar
         telecommunications device on the next Business Day following receipt of
         such transmission or, if delivered, to have been given and received on
         the date of such delivery. Any Party may change its address for service
         by written notice given as aforesaid.

8.4      EXPENSES - Each party shall bear and pay its respective costs, expenses
         and fees (including, without limitation, legal counsel and accounting
         fees and disbursements) incurred by it in connection with the
         preparation, execution and consummation of this Agreement and the
         transactions contemplated hereunder; it being understood, whether or
         not the transaction contemplated in this Agreement and ancillary
         documentation closes, Ericsson shall not be responsible and shall not
         assume any of UsCo's transaction expenses.

8.5      COUNTERPARTS - This Agreement may be executed in one or more
         counterparts, each of which when so executed shall be deemed an
         original, and such counterparts together shall constitute one and the
         same instrument.

8.6      NO THIRD PARTY BENEFICIARIES - Except as otherwise indicated herein,
         nothing in this Agreement shall confer any rights upon any Person or
         entity not a party or a permitted transferee of a party to this
         Agreement.

IN WITNESS WHEREOF, the Parties have executed this Agreement on the date and at
the place first above mentioned.

                                       ERICSSON CANADA INC.

                                       By: ____________________________________

                                       MCE HOLDING CORPORATION

                                       By: ____________________________________<PAGE>   1

                                                                    EXHIBIT 10.7

                           mPRESENCE AGENCY AGREEMENT

<PAGE>   2

                           mPRESENCE AGENCY AGREEMENT

                This Agreement is made and entered into between

                A.      OZ.COM, a company duly incorporated under the laws of
                        California, with its principal office at Snorrabraut 54,
                        IS-105 Reykjavik, Iceland (hereinafter "OZ")

                                       and

                B.      Ericsson Radio Systems AB, a company duly incorporated
                        under the laws of Sweden, with its principal office at
                        Torshamnsgatan 23, SE-164 80 Stockholm (hereinafter the
                        "Agent").

                Initial Term: Two (2) years (hereinafter the "Initial Term").

                PREAMBLE (BACKGROUND)

                WHEREAS, OZ is in the business of providing to network operators
                and Internet businesses mPresence, a hosting and managed care
                communication and service framework that includes a number of
                applications and services developed by OZ and licensed from
                third parties. iPulse is one example of a third-party licensed
                application to be included in the mPresence framework;

                WHEREAS, Agent is the owner of the iPulse application and, as
                such, is active in promoting and licensing iPulse to network
                operators and others who may desire to purchase mPresence
                services in addition to or in lieu of acquiring a commercial
                iPulse license;

                WHEREAS, OZ desires to grant an agency to Agent, and Agent
                desires to act as OZ's agent for the purpose of promoting and
                selling mPresence services to Agent's actual and prospective
                customers.

                NOW THEREFORE, the parties agree as follows:

        1       SCOPE OF AGREEMENT

        1.1     Subject to the terms and conditions of this Agreement, OZ hereby
                appoints the Agent, on a non-exclusive basis, to canvass and
                solicit inquiries and orders for delivery in the whole world
                (the "Territory") for mPresence Services described in Appendix 1
                ("mPresence Services").

<PAGE>   3

        1.2     OZ reserves the right to refrain from offering mPresence
                Services if, in its reasonable judgment, the circumstances so
                require. All orders procured by the Agent shall be subject to
                written acceptance by OZ.

        1.3     OZ may at any time, without any liability to the Agent,
                discontinue the marketing or sale of all or part of mPresence
                Services.

        2       OZ'S OBLIGATIONS

                OZ agrees to provide the Agent with such:

                (a)     assistance as the Agent reasonably requires and OZ deems
                        necessary for promoting the licensing of mPresence
                        Services; and

                (b)     mPresence Services information and documentation as the
                        Agent reasonably requires and OZ deems necessary. OZ
                        will furnish the Agent reasonable quantities of
                        catalogues, price lists, technical instructions and
                        other printed material that are available to OZ. All
                        such material will be shipped FCA Stockholm (INCOTERMS
                        1990).

        3       AGENT'S OBLIGATIONS

        3.1     The Agent shall:

                (a)     assist OZ in the execution of service sales contracts in
                        respect of mPresence Services;

                (b)     report on all matters of interest to OZ that directly or
                        indirectly affect the sale of mPresence Services in the
                        Territory, including the activities, products and prices
                        of competitors, the financial standing of customers and
                        tariffs, duties, taxes, laws and changes thereof which
                        may affect sales of mPresence Services;

                (c)     protect and promote OZ's goodwill and reputation;

                (d)     comply with all reasonable instructions, policies and
                        guidelines given by OZ;

                (e)     immediately transmit to OZ any inquiry from prospective
                        customers together with available information which may
                        help OZ in evaluating and attending to the business;

                (f)     immediately notify OZ upon knowledge of any infringement
                        of its copyrights, patents, trademarks or other
                        intellectual property rights and assist OZ in
                        safeguarding such rights, provided OZ compensates the
                        Agent for its reasonable out of pocket expenses for such
                        assistance;

                (g)     immediately notify OZ of any change in the management,
                        control or ownership of the Agent; and

                (h)     act dutifully, in good faith and generally look after
                        the interests of OZ.

<PAGE>   4

        3.2     The Agent shall indemnify OZ against all claims by a third party
                arising out of acts, omissions or misrepresentations of the
                Agent.

        4       COSTS AND EXPENSES

                The Agent shall defray all costs and expenses of and incidental
                to the agency.

        5       GENERAL RESTRICTIONS

        5.1     The Agent has no authority to make any commitment whatsoever or
                to receive any money on behalf of OZ, nor can it forgive any
                debt, security or obligation due OZ on account of mPresence
                Services or otherwise.

        5.2     Provided any applicable mandatory law does not stipulate
                otherwise, during the validity of this Agreement and for two (2)
                years thereafter the Agent shall not directly nor indirectly
                engage in any business which competes or interferes with the
                licensing of mPresence Services.

        6       CONFIDENTIAL TREATMENT

                The Agent shall not disclose or make any unauthorized use of any
                information concerning OZ's business, affairs or mPresence
                Services received by the Agent in the course of its activities
                under this Agreement, except to the extent necessary for the
                Agent's activities in accordance with this Agreement. The
                Agent's obligations under this Article shall survive the
                termination or expiration of this Agreement.

        7       COMMISSION

        7.1     The Agent shall only be entitled to a commission based on the
                net amount of payments (after deduction of taxes, hosting
                expenses, third-party licensing costs, insurance and other
                similar costs) actually received by OZ under a licensing
                contract for mPresence Services concluded through OZ's
                acceptance of orders procured by the Agent. The rate of
                commission and any special conditions regarding the method of
                its calculation or payment shall be agreed upon in writing
                between the parties from time to time, prior to OZ's price
                quotation to a customer. In the absence of such agreement, the
                rate of commission shall be fifteen percent (15%) of the above
                net payment.

        7.2     The commission set out in 7.1 above is based on that the Agent
                fully perform all of its obligations according to this
                Agreement. If the Agent only introduce a potential customer to
                OZ, no commission shall be payable. However, in such case Agent
                shall instead receive Finders Fee corresponding to five percent
                (5%) of the net Payment (as defined in 7.1 above).

<PAGE>   5

        7.3     The Agent shall have no claim because of any failure or delay by
                OZ to collect payments.

        7.4     The Agent shall be entitled to commissions only on sales
                contracts for Products concluded during the term of this
                Agreement.

        7.5     The Agent shall not be entitled to any compensation, other than
                the commission mentioned above, for costs and expenses of and
                incidental to the agency.

        8       OZ'S TRADEMARKS AND TRADE NAMES

        8.1     The Agent is authorized, and shall in its promotion of
                mPresence, utilize such trademarks and trade names and other
                proprietary words or symbols (collectively the "Trademarks", as
                OZ may from time to time use in association with mPresence and
                which are notified in writing to the Agent.

                Any use by the Agent of any of the Trademarks shall be in strict
                accordance with OZ's usage rules prevailing from time to time
                and OZ's instructions.

        8.2     Nothing in this Agreement shall be deemed to grant to the Agent
                any right, title or interest in any of the Trademarks or the
                word "OZ.COM," except the right to use the Trademarks as
                permitted in this Article 8. Except as provided herein, the
                Agent shall not have any right to use the word "OZ.COM," the
                Trademarks or any derivative thereof or any combination of trade
                names, trademarks and company names including said word, symbol
                and Trademarks, and further, the Agent will refrain from using
                or registering any trade name or trademark confusingly similar
                thereto.

        8.3     The Agent shall not publish, encourage or approve any
                advertising or practice that might be detrimental to the good
                name, Trademarks, goodwill or reputation of OZ or its products
                (including mPresence), nor will it act in a manner that may have
                such an effect.

        8.4     Upon receipt of written notice from OZ, or the expiration or
                termination of the agency created under this Agreement, all of
                the Agent's rights concerning use of the Trademarks shall
                automatically terminate as of the date of such receipt,
                expiration or termination and the Agent shall then immediately
                cease to use the Trademarks.

        8.5     Any use of the Trademarks, whether in their entirety or in part,
                shall be for the benefit of OZ only. Any right to the Trademarks
                which may have been acquired by the Agent through its use
                thereof shall, as soon as they come into existence,
                automatically be transferred to OZ without any compensation to
                the Agent; the Agent shall forthwith sign all documents deemed
                necessary by OZ to confirm such transfer. This Subarticle 8.5
                shall survive the termination this Agreement.

                OZ may, where registered user provisions exist and subject to
                registration of the Trademarks, apply for registration of the
                Agent as a permitted user of the Trademarks within the
                Territory. If this Agreement is insufficient for

<PAGE>   6

                such registration, the parties will sign a short form
                supplementary agreement in form satisfactory to registrar of
                trademarks in the Territory.

        9       TERM AND TERMINATION

        9.1     This Agreement shall become effective upon the date of signing
                by both parties and shall remain in force until the final date
                of the Initial Term. Unless terminated as provided herein, upon
                expiration of the Initial Term the agency shall be automatically
                extended for an indefinite period. Either party may terminate
                this Agreement without cause by giving not less than six (6)
                months notice in writing prior to expiration of the Initial Term
                and thereafter upon giving six (6) months written notice of
                termination.

        9.2     Notwithstanding Subarticle 9.1, each party is entitled to
                immediately terminate this Agreement if the other party should
                commit a breach hereof that is not insignificant and such party
                does not remedy such breach within thirty (30) days from written
                notice by the other party requiring the defaulting party to
                remedy the same.

        9.3     In addition to Subarticles 9.1 and 9.2, OZ shall have the right
                to immediately terminate this Agreement if:

                (a)     the Agent's financial situation or commercial ability
                        deteriorates to the extent that OZ reasonably believes
                        that the Agent is or will be unable to fulfil its
                        obligations under this Agreement; or

                (b)     there is a change in the management, control or
                        ownership of the Agent or of any fundamental reason
                        (possibly mentioned in the Preamble) for OZ's
                        appointment of the Agent that could, in OZ's sole
                        discretion, adversely affect OZ.

        9.4     On termination of this Agreement, neither party shall be
                entitled to any compensation or damages for or on account of
                such termination, except where such claim is based on a breach
                of this Agreement.

        9.5     The Agent shall return to OZ all material furnished the Agent,
                including catalogues and price-lists, forthwith upon any
                termination of this Agreement.

        9.6     The provisions of this Agreement that by their nature are
                continuing, shall survive the termination or expiration of this
                Agreement.

        10      GENERAL PROVISIONS

        10.1    This Agreement contains the entire agreement of the parties on
                the subject matter hereof and supersedes all prior agreements
                between them relating to any matter covered by this Agreement.
                No agreement hereafter modifying or supplementing this Agreement
                (an "Amendment") shall be binding unless confirmed in writing by
                the parties. In the event of a conflict between an Amendment and
                this Agreement, the Amendment shall prevail provided it
                expressly states the subarticle of this Agreement that it
                modifies.

<PAGE>   7

        10.2    This Agreement is not assignable by the Agent. OZ shall have the
                right to transfer or assign this Agreement in whole or in part
                to any of its subsidiaries or affiliates.

        10.3    Neither party shall be liable to the other for any indirect,
                incidental, special or consequential damages of any nature or
                kind whatsoever, including loss of profit, except with respect
                to claims by OZ for breach by the Agent of its obligations under
                Subarticle 5.2 and Articles 6 or 8.

        10.4    All notices under this Agreement shall be effective upon receipt
                and shall be sent by hand delivery, registered mail or telefax
                to the party to be served at its address as stated herein. A
                party may change its address by a notice in the manner set forth
                above.

        10.5    If any provision of this Agreement is held invalid or
                unenforceable, then, to the extent permitted by law, the
                remainder of this Agreement shall be fully enforceable without
                such provision.

        10.6    Nothing contained in this Agreement shall be construed as
                constituting the Agent and OZ as partners or joint venturers, or
                as creating the relationship of employer and employee between
                them or otherwise create any other relationship than that of a
                principal and an agent as set forth in this Agreement.

        11      DISPUTES

        11.1    Any dispute arising out of or in connection with this Agreement
                that cannot be resolved by good faith negotiations shall be
                finally settled in accordance with the Rules of Arbitration of
                the International Chamber of Commerce, by a panel of three
                arbitrators. The place of arbitration shall be Stockholm,
                Sweden, and the language of the proceedings shall be English.
                Notwithstanding this, OZ may at any time apply to a court of
                competent jurisdiction for injunctive or other equitable relief
                or corresponding remedy, in case of any breach, or threatening
                breach, of Article 6 or 8.

<PAGE>   8

        11.2    Swedish substantive law shall govern this Agreement.

                              * * * * * * * * * * *

                This Agreement has been executed in two (2) originals, of which
                the parties have received one (1) each.

                Place   Stockholm                      Place   Stockholm
                     --------------------                   --------------------
                Date    2000/11/01                     Date    2000/11/01
                    ---------------------                   --------------------
                ERICSSON RADIO SYSTEMS AB              OZ.COM

                By: /s/ LARS BOMAN                     By: /s/ SKULI MOGENSEN
                    ---------------------                  ---------------------
                    LARS BOMAN                             SKULI MOGENSEN

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