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                    PREFERRED SECURITIES GUARANTEE AGREEMENT

                                 BY AND BETWEEN

                          GREAT SOUTHERN BANCORP, INC.

                                       AND

                            WILMINGTON TRUST COMPANY

                        Dated as of _____________ , 2001

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                                TABLE OF CONTENTS

                                                                            Page

ARTICLE I. DEFINITIONS AND INTERPRETATION......................................1
         Section 1.1. Definitions and Interpretation...........................1

ARTICLE II. TRUST INDENTURE ACT................................................5
         Section 2.1. Trust Indenture Act; Application.........................5
         Section 2.2. The List of Holders of the Securities....................5
         Section 2.3. Reports by the Preferred Guarantee Trustee...............5
         Section 2.4. Periodic Reports to the Preferred Guarantee Trustee......5
         Section 2.5. Evidence of Compliance with Conditions Precedent.........5
         Section 2.6. Events of Default; Waiver................................6
         Section 2.7. Event of Default; Notice.................................6
         Section 2.8. Conflicting Interests....................................6

ARTICLE III. POWERS, DUTIES AND RIGHTS OF THE PREFERRED GUARANTEE TRUSTEE......6
         Section 3.1. Powers and Duties of the Preferred Guarantee Trustee.....6
         Section 3.2. Certain Rights of the Preferred Guarantee Trustee........8
         Section 3.3. Not Responsible for Recitals or Issuance of Guarantee...10

ARTICLE IV. THE PREFERRED GUARANTEE TRUSTEE...................................10
         Section 4.1. The Preferred Guarantee Trustee; Eligibility............10
         Section 4.2. Appointment, Removal and Resignation of the
                      Preferred Guarantee Trustee.............................11

ARTICLE V. GUARANTEE..........................................................11
         Section 5.1. Guarantee...............................................11
         Section 5.2. Waiver of Notice and Demand.............................11
         Section 5.3. Obligations not Affected................................12
         Section 5.4. Rights of the Holders...................................13
         Section 5.5. Guarantee of Payment....................................13
         Section 5.6. Subrogation.............................................13
         Section 5.7. Independent Obligations.................................13

ARTICLE VI. LIMITATION OF TRANSACTIONS; SUBORDINATION.........................13
         Section 6.1. Limitation on Transactions..............................13
         Section 6.2 Ranking..................................................14

ARTICLE VII. TERMINATION......................................................14
         Section 7.1. Termination.............................................14

ARTICLE VIII. INDEMNIFICATION.................................................14
         Section 8.1. Exculpation.............................................14
         Section 8.2. Indemnification.........................................15

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ARTICLE IX. MISCELLANEOUS.....................................................15
         Section 9.1. Successors and Assigns..................................15
         Section 9.2. Amendments..............................................15
         Section 9.3. Notices.................................................15
         Section 9.4. Benefit.................................................16
         Section 9.5. Governing Law...........................................16

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                              CROSS-REFERENCE TABLE

Section of                                                          Section of
Trust Indenture Act                                                  Guarantee
of 1939, as amended                                                  Agreement
-------------------                                                  ---------

310(a)..................................................................4.1(a)
310(b).............................................................4.1(c), 2.8
310(c)..........................................................Not Applicable
311(a)..................................................................2.2(b)
311(b)..................................................................2.2(b)
311(c)..........................................................Not Applicable
312(a)................................................................. 2.2(a)
312(b)................................................................. 2.2(b)
313....................................................................... 2.3
314(a).....................................................................2.4
314(b)..........................................................Not Applicable
314(c).....................................................................2.5
314(d)..........................................................Not Applicable
314(e)............................................................1.1, 2.5,3.2
314(f)................................................................2.1, 3.2
315(a)..................................................................3.1(d)
315(b).....................................................................2.7
315(c).....................................................................3.1
315(d)..................................................................3.1(d)
316(a)...........................................................1.1, 2.6, 5.4
316(b).....................................................................5.3
317(a).....................................................................3.1
317(b)..........................................................Not Applicable
318(a)..................................................................2.1(a)
318(b).....................................................................2.1
318(c)..................................................................2.1(b)

Note: This Cross-Reference Table does not constitute part of this Agreement and
shall not affect the interpretation of any of its terms or provisions.

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                    PREFERRED SECURITIES GUARANTEE AGREEMENT

            This PREFERRED SECURITIES GUARANTEE AGREEMENT (this "Preferred
Securities Guarantee"), dated as of _________ __, 2001, is executed and
delivered by GREAT SOUTHERN BANCORP, INC., a Delaware corporation (the
"Guarantor"), and WILMINGTON TRUST COMPANY, a banking corporation organized and
existing under the laws of Delaware, as trustee (the "Preferred Guarantee
Trustee"), for the benefit of the Holders (as defined herein) from time to time
of the Preferred Securities (as defined herein) of GREAT SOUTHERN CAPITAL TRUST
I, a Delaware statutory business trust (the "Trust").

                                    RECITALS

      WHEREAS, pursuant to an Amended and Restated Trust Agreement (the "Trust
Agreement"), dated as of ___________ __, 2001, among the trustees of the Trust
named therein, the Guarantor, as depositor, and the holders from time to time of
undivided beneficial interests in the assets of the Trust, the Trust is issuing
on the date hereof up to 1,725,000 preferred securities, having an aggregate
liquidation amount of $17,250,000, designated the ___% Cumulative Trust
Preferred Securities (the "Preferred Securities");

      WHEREAS, as incentive for the Holders to purchase the Preferred
Securities, the Guarantor desires irrevocably and unconditionally to agree, to
the extent set forth in this Preferred Securities Guarantee, to pay to the
Holders of the Preferred Securities the Guarantee Payments (as defined herein)
and to make certain other payments on the terms and conditions set forth herein.

      NOW, THEREFORE, in consideration of the purchase by each Holder of
Preferred Securities, which purchase the Guarantor hereby agrees shall benefit
the Guarantor, the Guarantor executes and delivers this Preferred Securities
Guarantee for the benefit of the Holders.

                                   ARTICLE I.
                         DEFINITIONS AND INTERPRETATION

      Section 1.1.Definitions and Interpretation. In this Preferred Securities
Guarantee, unless the context otherwise requires:

      (a) capitalized terms used in this Preferred Securities Guarantee but not
defined in the preamble above have the respective meanings assigned to them in
this Section 1.1;

      (b) terms defined in the Trust Agreement as at the date of execution of
this Preferred Securities Guarantee have the same meaning when used in this
Preferred Securities Guarantee, unless otherwise defined in this Preferred
Securities Guarantee;

      (c) a term defined anywhere in this Preferred Securities Guarantee has the
same meaning throughout;
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      (d) all references to "the Preferred Securities Guarantee" or "this
Preferred Securities Guarantee" are to this Preferred Securities Guarantee as
modified, supplemented or amended from time to time;

      (e) all references in this Preferred Securities Guarantee to Articles and
Sections are to Articles and Sections of this Preferred Securities Guarantee,
unless otherwise specified;

      (f) a term defined in the Trust Indenture Act has the same meaning when
used in this Preferred Securities Guarantee, unless otherwise defined in this
Preferred Securities Guarantee or unless the context otherwise requires; and

      (g) a reference to the singular includes the plural and vice versa.

      "Affiliate" has the same meaning as given to that term in Rule 405 of the
Securities Act of 1933, as amended, or any successor rule thereunder.

      "Business Day" means any day other than a Saturday, Sunday, a day on which
federal or state banking institutions in the Borough of Manhattan, the City of
New York are authorized or required by law, executive order or regulation to
close or a day on which the Corporate Trust Office of the Preferred Guarantee
Trustee is closed for business.

      "Code" means the Internal Revenue Code of 1986, as amended.

      "Corporate Trust Office" means the office of the Preferred Guarantee
Trustee at which the corporate trust business of the Preferred Guarantee Trustee
shall, at any particular time, be principally administered, which office at the
date of execution of this Preferred Securities Guarantee is located at Rodney
Square North, 1100 North Market Street, Wilmington, Delaware 19890-0001,
Attention: Corporate Trust Department.

      "Covered Person" means any Holder or beneficial owner of Preferred
Securities.

      "Debentures" means the ___% Subordinated Debentures due 2031, of the
Debenture Issuer held by the Property Trustee of the Trust.

      "Debenture Issuer" means Great Southern Bancorp, Inc., issuer of the
Debentures under the Indenture.

      "Event of Default" means a default by the Guarantor on any of its payment
or other obligations under this Preferred Securities Guarantee.

      "Guarantee Payments" means the following payments or distributions,
without duplication, with respect to the Preferred Securities, to the extent not
paid or made by the Trust: (i) any accrued and unpaid Distributions that are
required to be paid on such Preferred Securities, to the extent the Trust shall
have funds available therefor, (ii) the redemption price, including all accrued
and unpaid Distributions to the date of redemption (the "Redemption Price"), to
the extent the Trust has funds available therefor, with respect to any Preferred
Securities called for redemption by the Trust, and (iii) upon a voluntary or
involuntary dissolution, winding-up or

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termination of the Trust (other than in connection with the distribution of the
Debentures to the Holders in exchange for the Preferred Securities as provided
in the Trust Agreement), the lesser of (A) the aggregate of the Liquidation
Amount and all accrued and unpaid Distributions on the Preferred Securities to
the date of payment, to the extent the Trust shall have funds available therefor
(the "Liquidation Distribution"), and (B) the amount of assets of the Trust
remaining available for distribution to Holders in liquidation of the Trust.

      "Guarantor" means Great Southern Bancorp, Inc., a Delaware corporation.

      "Holder" means a Person in whose name a Preferred Security is or Preferred
Securities are registered in the Securities Register; provided, however, that,
in determining whether the holders of the requisite percentage of the Preferred
Securities have given any request, notice, consent or waiver hereunder, "Holder"
shall not include the Guarantor, the Preferred Guarantee Trustee or any of their
respective Affiliates.

      "Indemnified Person" means the Preferred Guarantee Trustee, any Affiliate
of the Preferred Guarantee Trustee, or any officers, directors, shareholders,
members, partners, employees, representatives, nominees, custodians or agents of
the Preferred Guarantee Trustee.

      "Indenture" means the Indenture, dated as of ____________ __, 2001, among
the Debenture Issuer and Wilmington Trust Company, as trustee, and any indenture
supplemental thereto pursuant to which the Debentures are to be issued to the
Property Trustee of the Trust.

      "Liquidation Amount" means the stated value of $10 per Preferred Security.

      "Liquidation Distribution" has the meaning provided therefor in the
definition of Guarantee Payments.

      "List of Holders" has the meaning set forth in Section 2.2 of this
Preferred Securities Guarantee.

      "Majority in Liquidation Amount of the Preferred Securities" means the
holders of more than 50% of the Liquidation Amount (including the stated amount
that would be paid on redemption, liquidation or otherwise, plus accrued and
unpaid Distributions to the date upon which the voting percentages are
determined) of all of the Preferred Securities.

      "Officers' Certificate" means, with respect to any Person, a certificate
signed by two authorized officers of such Person, at least one of whom shall be
the principal executive officer, principal financial officer, principal
accounting officer, treasurer or any vice president of such Person. Any
Officers' Certificate delivered with respect to compliance with a condition or
covenant provided for in this Preferred Securities Guarantee shall include:

      (a) a statement that each officer signing the Officers' Certificate has
read the covenant or condition and the definition relating thereto;

      (b) a brief statement of the nature and scope of the examination or
investigation undertaken by each officer in rendering the Officers' Certificate;

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      (c) a statement that each such officer has made such examination or
investigation as, in such officer's opinion, is necessary to enable such officer
to express an informed opinion as to whether or not such covenant or condition
has been complied with; and

      (d) a statement as to whether, in the opinion of each such officer, such
condition or covenant has been complied with.

      "Person" means a legal person, including any individual, corporation,
estate, partnership, joint venture, association, joint stock company, limited
liability company, trust, unincorporated association, or government or any
agency or political subdivision thereof, or any other entity of whatever nature.

      "Preferred Guarantee Trustee" means Wilmington Trust Company, until a
Successor Preferred Guarantee Trustee has been appointed and has accepted such
appointment pursuant to the terms of this Preferred Securities Guarantee and
thereafter means each such Successor Preferred Guarantee Trustee.

      "Preferred Securities" means the _____% Cumulative Trust Preferred
Securities representing undivided beneficial interests in the assets of the
Trust which rank pari passu with Common Securities issued by the Trust;
provided, however, that upon the occurrence of an Event of Default, the rights
of holders of Commons Securities to payment in respect of distributions and
payments upon liquidation, redemption and otherwise are subordinated to the
rights of holders of Preferred Securities.

      "Redemption Price" has the meaning provided therefor in the definition of
Guarantee Payments.

      "Responsible Officer" means, with respect to the Preferred Guarantee
Trustee, any officer within the Corporate Trust Office of the Preferred
Guarantee Trustee with direct responsibility for the administration of this
Preferred Securities Guarantee, including any vice-president, any assistant
vice-president, the secretary, any assistant secretary, the treasurer, any
assistant treasurer or other officer of the Corporate Trust Office of the
Preferred Guarantee Trustee customarily performing functions similar to those
performed by any of the above designated officers and also means, with respect
to a particular corporate trust matter, any other officer to whom such matter is
referred because of that officer's knowledge of and familiarity with the
particular subject.

      "Securities Register" and "Securities Registrar" have the meanings
assigned to such terms as in the Trust Agreement (as defined in the Indenture).

      "Successor Preferred Guarantee Trustee" means a successor Preferred
Guarantee Trustee possessing the qualifications to act as Preferred Guarantee
Trustee under Section 4.1.

      "Trust Indenture Act" means the Trust Indenture Act of 1939, as amended,
as in force at the date of which this instrument was executed; provided,
however, that in the event the Trust Indenture Act of 1939, as amended, is
amended after such date, "Trust Indenture Act" means, to the extent required by
any such amendment, the Trust Indenture Act of 1939, as so amended.

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                                   ARTICLE II.
                               TRUST INDENTURE ACT

      Section 2.1. Trust Indenture Act; Application.

      (a) This Preferred Securities Guarantee is subject to the provisions of
the Trust Indenture Act that are required to be part of this Preferred
Securities Guarantee and shall, to the extent applicable, be governed by such
provisions.

      (b) If and to the extent that any provision of this Preferred Securities
Guarantee limits, qualifies or conflicts with the duties imposed by Section 310
to 317, inclusive, of the Trust Indenture Act, such imposed duties shall
control.

      Section 2.2. The List of Holders of the Securities.

      (a) In the event the Preferred Guarantee Trustee is not also the
Securities Registrar, the Guarantor shall provide the Preferred Guarantee
Trustee with a list, in such form as the Preferred Guarantee Trustee may
reasonably require, of the names and addresses of the Holders of the Preferred
Securities (the "List of Holders") (i) within five (5) Business Days after March
15, June 15, September 15 and December 15 in each year, and (ii) at any other
time within thirty (30) days of receipt by the Guarantor of a written request
for a List of Holders as of a date no more than fifteen (15) days before such
List of Holders is given to the Preferred Guarantee Trustee; provided, that the
Guarantor shall not be obligated to provide such List of Holders at any time the
List of Holders does not differ from the most recent List of Holders given to
the Preferred Guarantee Trustee by the Guarantor. The Preferred Guarantee
Trustee may destroy any List of Holders previously given to it on receipt of a
new List of Holders.

      (b) The Preferred Guarantee Trustee shall comply with its obligations
under Sections 311(a), 311(b) and Section 312(b) of the Trust Indenture Act.

      Section 2.3. Reports by the Preferred Guarantee Trustee. On or before
October 15 of each year, commencing October 15, 2001, the Preferred Guarantee
Trustee shall provide to the Holders of the Preferred Securities such reports as
are required by Section 313 of the Trust Indenture Act, if any, in the form and
in the manner provided by Section 313 of the Trust Indenture Act. The Preferred
Guarantee Trustee shall also comply with the requirements of Section 313(d) of
the Trust Indenture Act.

      Section 2.4. Periodic Reports to the Preferred Guarantee Trustee. The
Guarantor shall provide to the Preferred Guarantee Trustee such documents,
reports and information as required by Section 314 (if any) and the compliance
certificate required by Section 314 of the Trust Indenture Act in the form, in
the manner and at the times required by Section 314 of the Trust Indenture Act.

      Section 2.5. Evidence of Compliance with Conditions Precedent. The
Guarantor shall provide to the Preferred Guarantee Trustee such evidence of
compliance with any conditions precedent, if any, provided for in this Preferred
Securities Guarantee that relate to any of the matters set forth in Section
314(c) of the Trust Indenture Act. Any certificate or opinion

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required to be given by an officer pursuant to Section 314(c)(1) may be given in
the form of an Officers' Certificate.

      Section 2.6. Events of Default; Waiver. The Holders of a Majority in
Liquidation Amount of the Preferred Securities may, by vote, on behalf of the
Holders of all of the Preferred Securities, waive any past Event of Default and
its consequences. Upon such waiver, any such Event of Default shall cease to
exist, and any Event of Default arising therefrom shall be deemed to have been
cured, for every purpose of this Preferred Securities Guarantee, but no such
waiver shall extend to any subsequent or other default or Event of Default or
impair any right consequent thereon.

      Section 2.7. Event of Default; Notice.

      (a) The Preferred Guarantee Trustee shall, within ninety (90) days after
the occurrence of an Event of Default, transmit by mail, first class postage
prepaid, to the Holders of the Preferred Securities, notices of all Events of
Default actually known to a Responsible Officer of the Preferred Guarantee
Trustee, unless such defaults have been cured before the giving of such notice;
provided, that the Preferred Guarantee Trustee shall be protected in withholding
such notice if and so long as a Responsible Officer of the Preferred Guarantee
Trustee in good faith determines that the withholding of such notice is in the
interests of the Holders of the Preferred Securities.

      (b) The Preferred Guarantee Trustee shall not be deemed to have knowledge
of any Event of Default unless the Preferred Guarantee Trustee shall have
received written notice, or of which a Responsible Officer of the Preferred
Guarantee Trustee charged with the administration of the Trust Agreement shall
have obtained actual knowledge of such Event of Default.

      Section 2.8. Conflicting Interests. The Trust Agreement shall be deemed to
be specifically described in this Preferred Securities Guarantee for the
purposes of clause (i) of the first proviso contained in Section 310(b) of the
Trust Indenture Act.

                                  ARTICLE III.
                            POWERS, DUTIES AND RIGHTS
                       OF THE PREFERRED GUARANTEE TRUSTEE

      Section 3.1. Powers and Duties of the Preferred Guarantee Trustee.

      (a) This Preferred Securities Guarantee shall be held by the Preferred
Guarantee Trustee for the benefit of the Holders of the Preferred Securities,
and the Preferred Guarantee Trustee shall not transfer this Preferred Securities
Guarantee to any Person except a Holder of Preferred Securities exercising his
or her rights pursuant to Section 5.4(b) or to a Successor Preferred Guarantee
Trustee on acceptance by such Successor Preferred Guarantee Trustee of its
appointment to act as Successor Preferred Guarantee Trustee. The right, title
and interest of the Preferred Guarantee Trustee shall automatically vest in any
Successor Preferred Guarantee Trustee, and such vesting and cessation of title
shall be effective whether or not conveyancing

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documents have been executed and delivered pursuant to the appointment of such
Successor Preferred Guarantee Trustee.

      (b) If an Event of Default actually known to a Responsible Officer of the
Preferred Guarantee Trustee has occurred and is continuing, the Preferred
Guarantee Trustee shall enforce this Preferred Securities Guarantee for the
benefit of the Holders of the Preferred Securities.

      (c) The Preferred Guarantee Trustee, before the occurrence of any Event of
Default and after the curing of all Events of Default that may have occurred,
shall undertake to perform only such duties as are specifically set forth in
this Preferred Securities Guarantee, and no implied covenants shall be read into
this Preferred Securities Guarantee against the Preferred Guarantee Trustee. In
case an Event of Default has occurred (that has not been cured or waived
pursuant to Section 2.6) and is actually known to a Responsible Officer of the
Preferred Guarantee Trustee, the Preferred Guarantee Trustee shall exercise such
of the rights and powers vested in it by this Preferred Securities Guarantee,
and use the same degree of care and skill in its exercise thereof, as a prudent
man would exercise or use under the circumstances in the conduct of his own
affairs.

      (d) No provision of this Preferred Securities Guarantee shall be construed
to relieve the Preferred Guarantee Trustee from liability for its own negligent
action, its own negligent failure to act, or its own willful misconduct, except
that:

            (i) prior to the occurrence of any Event of Default and after the
      curing or waiving of all such Events of Default that may have occurred:

                  (A) the duties and obligations of the Preferred Guarantee
            Trustee shall be determined solely by the express provisions of this
            Preferred Securities Guarantee, and the Preferred Guarantee Trustee
            shall not be liable except for the performance of such duties and
            obligations as are specifically set forth in this Preferred
            Securities Guarantee, and no implied covenants or obligations shall
            be read into this Preferred Securities Guarantee against the
            Preferred Guarantee Trustee; and

                  (B) in the absence of bad faith on the part of the Preferred
            Guarantee Trustee, the Preferred Guarantee Trustee may conclusively
            rely, as to the truth of the statements and the correctness of the
            opinions expressed therein, upon any certificates or opinions
            furnished to the Preferred Guarantee Trustee and conforming to the
            requirements of this Preferred Securities Guarantee; but in the case
            of any such certificates or opinions that by any provision hereof
            are specifically required to be furnished to the Preferred Guarantee
            Trustee, the Preferred Guarantee Trustee shall be under a duty to
            examine the same to determine whether or not they conform to the
            requirements of this Preferred Securities Guarantee;

            (ii) the Preferred Guarantee Trustee shall not be liable for any
      error of judgment made in good faith by a Responsible Officer of the
      Preferred Guarantee

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      Trustee, unless it shall be proved that the Preferred Guarantee Trustee
      was negligent in ascertaining the pertinent facts upon which such judgment
      was made;

            (iii) the Preferred Guarantee Trustee shall not be liable with
      respect to any action taken or omitted to be taken by it in good faith in
      accordance with the direction of the Holders of not less than a Majority
      in Liquidation Amount of the Preferred Securities relating to the time,
      method and place of conducting any proceeding for any remedy available to
      the Preferred Guarantee Trustee, or exercising any trust or power
      conferred upon the Preferred Guarantee Trustee under this Preferred
      Securities Guarantee; and

            (iv) no provision of this Preferred Securities Guarantee shall
      require the Preferred Guarantee Trustee to expend or risk its own funds or
      otherwise incur personal financial liability in the performance of any of
      its duties or in the exercise of any of its rights or powers, if the
      Preferred Guarantee Trustee shall have reasonable grounds for believing
      that the repayment of such funds or liability is not reasonably assured to
      it under the terms of this Preferred Securities Guarantee or indemnity,
      reasonably satisfactory to the Preferred Guarantee Trustee, against such
      risk or liability is not reasonably assured to it.

      Section 3.2. Certain Rights of the Preferred Guarantee Trustee.

      (a) Subject to the provisions of Section 3.1:

            (i) the Preferred Guarantee Trustee may conclusively rely, and shall
      be fully protected in acting or refraining from acting upon, any
      resolution, certificate, statement, instrument, opinion, report, notice,
      request, direction, consent, order, bond, debenture, note, other evidence
      of indebtedness or other paper or document believed by it to be genuine
      and to have been signed, sent or presented by the proper party or parties;

            (ii) any direction or act of the Guarantor contemplated by this
      Preferred Securities Guarantee shall be sufficiently evidenced by an
      Officers' Certificate;

            (iii) whenever, in the administration of this Preferred Securities
      Guarantee, the Preferred Guarantee Trustee shall deem it desirable that a
      matter be proved or established before taking, suffering or omitting any
      action hereunder, the Preferred Guarantee Trustee (unless other evidence
      is herein specifically prescribed) may, in the absence of bad faith on its
      part, request and conclusively rely upon an Officers' Certificate which,
      upon receipt of such request, shall be promptly delivered by the
      Guarantor;

            (iv) the Preferred Guarantee Trustee shall have no duty to see to
      any recording, filing or registration of any instrument (or any
      rerecording, refiling or registration thereof);

            (v) the Preferred Guarantee Trustee may consult with counsel, and
      the written advice or opinion of such counsel with respect to legal
      matters shall be full and complete authorization and protection in respect
      of any action taken, suffered or omitted by it hereunder in good faith and
      in accordance with such advice or opinion. Such counsel may

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      be counsel to the Guarantor or any of its Affiliates and may include any
      of its employees. The Preferred Guarantee Trustee shall have the right at
      any time to seek instructions concerning the administration of this
      Preferred Securities Guarantee from any court of competent jurisdiction;

            (vi) the Preferred Guarantee Trustee shall be under no obligation to
      exercise any of the rights or powers vested in it by this Preferred
      Securities Guarantee at the request or direction of any Holder, unless
      such Holder shall have provided to the Preferred Guarantee Trustee such
      security and indemnity, reasonably satisfactory to the Preferred Guarantee
      Trustee, against the costs, expenses (including reasonable attorneys' fees
      and expenses and the expenses of the Preferred Guarantee Trustee's agents,
      nominees or custodians) and liabilities that might be incurred by it in
      complying with such request or direction, including such reasonable
      advances as may be requested by the Preferred Guarantee Trustee; provided
      that, nothing contained in this Section 3.2(a)(vi) shall be taken to
      relieve the Preferred Guarantee Trustee, upon the occurrence and during
      the continuance of an Event of Default, of its obligation to exercise the
      rights and powers vested in it by this Preferred Securities Guarantee;

            (vii) the Preferred Guarantee Trustee shall not be bound to make any
      investigation into the facts or matters stated in any resolution,
      certificate, statement, instrument, opinion, report, notice, request,
      direction, consent, order, bond, debenture, note, other evidence of
      indebtedness or other paper or document, but the Preferred Guarantee
      Trustee, in its discretion, may make such further inquiry or investigation
      into such facts or matters as it may see fit;

            (viii) the Preferred Guarantee Trustee may execute any of the trusts
      or powers hereunder or perform any duties hereunder either directly or by
      or through agents, nominees, custodians or attorneys, and the Preferred
      Guarantee Trustee shall not be responsible for any misconduct or
      negligence on the part of any agent or attorney appointed with due care by
      it hereunder;

            (ix) no third party shall be required to inquire as to the authority
      of the Preferred Guarantee Trustee to so act or as to its compliance with
      any of the terms and provisions of this Preferred Securities Guarantee,
      both of which shall be conclusively evidenced by the Preferred Guarantee
      Trustee's or its agent's taking such action;

            (x) whenever in the administration of this Preferred Securities
      Guarantee the Preferred Guarantee Trustee shall deem it desirable to
      receive instructions with respect to enforcing any remedy or right or
      taking any other action hereunder, the Preferred Guarantee Trustee (A) may
      request instructions from the Holders of a Majority in Liquidation Amount
      of the Preferred Securities, (B) may refrain from enforcing such remedy or
      right or taking such other action until such instructions are received,
      and (C) shall be protected in conclusively relying on or acting in
      accordance with such instructions.

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      (b) No provision of this Preferred Securities Guarantee shall be deemed to
impose any duty or obligation on the Preferred Guarantee Trustee to perform any
act or acts or exercise any right, power, duty orobligation conferred or imposed
on it in any jurisdiction in which it shall be illegal, or in which the
Preferred Guarantee Trustee shall be unqualified or incompetent in accordance
with applicable law, to perform any such act or acts or to exercise any such
right, power, duty or obligation. No permissive power or authority available to
the Preferred Guarantee Trustee shall be construed to be a duty.

      Section 3.3. Not Responsible for Recitals or Issuance of Guarantee. The
Recitals contained in this Guarantee shall be taken as the statements of the
Guarantor, and the Preferred Guarantee Trustee does notassume any responsibility
for their correctness. The Preferred Guarantee Trustee makes no representation
as to the validity or sufficiency of this Preferred Securities Guarantee.

                                   ARTICLE IV.
                         THE PREFERRED GUARANTEE TRUSTEE

      Section 4.1. The Preferred Guarantee Trustee; Eligibility.

      (a) There shall at all times be a Preferred Guarantee Trustee which shall:

            (i) not be an Affiliate of the Guarantor; and

            (ii) be a corporation organized and doing business under the laws of
      the United States or any state or territory thereof or of the District of
      Columbia, or a corporation or Person permitted by the Securities and
      Exchange Commission to act as an institutional trustee under the Trust
      Indenture Act, authorized under such laws to exercise corporate trust
      powers, having a combined capital and surplus of at least $50,000,000, and
      subject to supervision or examination by federal, state, territorial or
      District of Columbia authority. If such corporation publishes reports of
      condition at least annually, pursuant to law or to the requirements of the
      supervising or examining authority referred to above, then, for the
      purposes of this Section 4.1(a)(ii), the combined capital and surplus of
      such corporation shall be deemed to be its combined capital and surplus as
      set forth in its most recent report of condition so published.

      (b) If at any time the Preferred Guarantee Trustee shall cease to be
eligible to so act under Section 4.1(a), the Preferred Guarantee Trustee shall
immediately resign in the manner and with the effect set out in Section 4.2(c).

      (c) If the Preferred Guarantee Trustee has or shall acquire any
"conflicting interest" within the meaning of Section 310(b) of the Trust
Indenture Act, the Preferred Guarantee Trustee and the Guarantor shall in all
respects comply with the provisions of Section 310(b) of the Trust Indenture
Act.

                                       10
<PAGE>

      Section 4.2. Appointment, Removal and Resignation of the Preferred
Guarantee Trustee.

      (a) Subject to Section 4.2(b), the Preferred Guarantee Trustee may be
appointed or removed without cause at any time by the Guarantor.

      (b) The Preferred Guarantee Trustee shall not be removed in accordance
with Section 4.2(a) until a Successor Preferred Guarantee Trustee has been
appointed and has accepted such appointment by written instrument executed by
such Successor Preferred Guarantee Trustee and delivered to the Guarantor.

      (c) The Preferred Guarantee Trustee appointed to office shall hold office
until a Successor Preferred Guarantee Trustee shall have been appointed or until
its removal or resignation. The Preferred Guarantee Trustee may resign from
office (without need for prior or subsequent accounting) by an instrument in
writing executed by the Preferred Guarantee Trustee and delivered to the
Guarantor, which resignation shall not take effect until a Successor Preferred
Guarantee Trustee has been appointed and has accepted such appointment by
instrument in writing executed by such Successor Preferred Guarantee Trustee and
delivered to the Guarantor and the resigning Preferred Guarantee Trustee.

      (d) If no Successor Preferred Guarantee Trustee shall have been appointed
and accepted appointment as provided in this Section 4.2 within sixty (60) days
after delivery to the Guarantor of an instrument of resignation, the resigning
Preferred Guarantee Trustee may petition any court of competent jurisdiction for
appointment of a Successor Preferred Guarantee Trustee. Such court may
thereupon, after prescribing such notice, if any, as it may deem proper, appoint
a Successor Preferred Guarantee Trustee.

      (e) No Preferred Guarantee Trustee shall be liable for the acts or
omissions to act of any Successor Preferred Guarantee Trustee.

      (f) Upon termination of this Preferred Securities Guarantee or removal or
resignation of the Preferred Guarantee Trustee pursuant to this Section 4.2, the
Guarantor shall pay to the Preferred Guarantee Trustee all fees and expenses
accrued to the date of such termination, removal or resignation.

                                   ARTICLE V.
                                    GUARANTEE

      Section 5.1. Guarantee. The Guarantor irrevocably and unconditionally
agrees to pay in full to the Holders the Guarantee Payments (without duplication
of amounts theretofore paid by the Trust), as and when due, regardless of any
defense, right of set-off or counterclaim that the Trust may have or assert. The
Guarantor's obligation to make a Guarantee Payment may be satisfied by direct
payment of the required amounts by the Guarantor to the Holders or by causing
the Trust to pay such amounts to the Holders.

      Section 5.2. Waiver of Notice and Demand. The Guarantor hereby waives
notice of acceptance of this Preferred Securities Guarantee and of any liability
to which it applies or may

                                       11
<PAGE>

apply, presentment, demand for payment, any right to require a proceeding first
against the Trust or any other Person before proceeding against the Guarantor,
protest, notice of nonpayment, notice of dishonor, notice of redemption and all
other notices and demands.

      Section 5.3. Obligations not Affected. The obligations, covenants,
agreements and duties of the Guarantor under this Preferred Securities Guarantee
shall in no way be affected or impaired by reason of the happening from time to
time of any of the following:

      (a) the release or waiver, by operation of law or otherwise, of the
performance or observance by the Trust of any express or implied agreement,
covenant, term or condition relating to the Preferred Securities to be performed
or observed by the Trust;

      (b) the extension of time for the payment by the Trust of all or any
portion of the Distributions, Redemption Price, Liquidation Distribution or any
other sums payable under the terms of the Preferred Securities or the extension
of time for the performance of any other obligation under, arising out of, or in
connection with, the Preferred Securities (other than an extension of time for
payment of Distributions, Redemption Price, Liquidation Distribution or other
sum payable that results from the extension of any interest payment period on
the Debentures or any extension of the maturity date of the Debentures permitted
by the Indenture);

      (c) any failure, omission, delay or lack of diligence on the part of the
Holders to enforce, assert or exercise any right, privilege, power or remedy
conferred on the Holders pursuant to the terms of the Preferred Securities, or
any action on the part of the Trust granting indulgence or extension of any
kind;

      (d) the voluntary or involuntary liquidation, dissolution, sale of any
collateral, receivership, insolvency, bankruptcy, assignment for the benefit of
creditors, reorganization, arrangement, composition or readjustment of debt of,
or other similar proceedings affecting, the Trust or any of the assets of the
Trust;

      (e) any invalidity of, or defect or deficiency in, the Preferred
Securities;

      (f) any failure or omission to receive any regulatory approval or consent
required in connection with the Preferred Securities (or the common equity
securities issued by the Trust), including the failure to receive any approval
of the Board of Governors of the Federal Reserve System required for the
redemption of the Preferred Securities;

      (g) the settlement or compromise of any obligation guaranteed hereby or
hereby incurred; or

      (h) any other circumstance whatsoever that might otherwise constitute a
legal or equitable discharge or defense of a guarantor, it being the intent of
this Section 5.3 that the obligations of the Guarantor hereunder shall be
absolute and unconditional under any and all circumstances.

      There shall be no obligation of the Holders to give notice to, or obtain
consent of, the Guarantor with respect to the happening of any of the foregoing.

                                       12
<PAGE>

      Section 5.4. Rights of the Holders.

      (a) The Holders of a Majority in Liquidation Amount of the Preferred
Securities have the right to direct the time, method and place of conducting of
any proceeding for any remedy available to the Preferred Guarantee Trustee in
respect of this Preferred Securities Guarantee or exercising any trust or power
conferred upon the Preferred Guarantee Trustee under this Preferred Securities
Guarantee.

      (b) Any Holder of Preferred Securities may institute a legal proceeding
directly against the Guarantor to enforce its rights under this Preferred
Securities Guarantee, without first instituting a legal proceeding against the
Trust, the Preferred Guarantee Trustee or any other Person.

      Section 5.5. Guarantee of Payment. This Preferred Securities Guarantee
creates a guarantee of payment and not of collection.

      Section 5.6. Subrogation. The Guarantor shall be subrogated to all (if
any) rights of the Holders of the Preferred Securities against the Trust in
respect of any amounts paid to such Holders by the Guarantor under this
Preferred Securities Guarantee; provided, however, that the Guarantor shall not
(except to the extent required by mandatory provisions of law) be entitled to
enforce or exercise any right that it may acquire by way of subrogation or any
indemnity, reimbursement or other agreement, in all cases as a result of payment
under this Preferred Securities Guarantee, if, at the time of any such payment,
any amounts are due and unpaid under this Preferred Securities Guarantee. If any
amount shall be paid to the Guarantor in violation of the preceding sentence,
the Guarantor agrees to hold such amount in trust for the Holders and to pay
over such amount to the Holders.

      Section 5.7. Independent Obligations. The Guarantor acknowledges that its
obligations hereunder are independent of the obligations of the Trust with
respect to the Preferred Securities, and that the Guarantor shall be liable as
principal and as debtor hereunder to make Guarantee Payments pursuant to the
terms of this Preferred Securities Guarantee notwithstanding the occurrence of
any event referred to in subsections (a) through (h), inclusive, of Section 5.3
hereof.

                                   ARTICLE VI.
                    LIMITATION OF TRANSACTIONS; SUBORDINATION

      Section 6.1. Limitation on Transactions. So long as any of the Preferred
Securities remain outstanding, if any of the circumstances described in Section
5.6 of the Indenture shall have occurred, then (a) the Guarantor shall not
declare or pay any dividend on, make any distributions with respect to, or
redeem, purchase, acquire or make a liquidation payment with respect to, any of
its capital stock (other than (i) dividends or distributions in common stock of
the Guarantor or any declaration of a non-cash dividend in connection with the
implementation of a shareholder rights plan, or the issuance of stock under any
such plan in the future, or the redemption or repurchase of any such rights
pursuant thereto, (ii) purchases of common stock of the Guarantor related to the
rights under any of the Guarantor's benefit plans for its directors,

                                       13
<PAGE>

officers or employees, (iii) as a result of a reclassification of its capital
stock, or (iv) dividends or distributions made by a subsidiary of the Guarantor,
provided that such dividends or distributions are necessary in order for such
subsidiary to qualify as a "real estate investment trust" under Sections 856 and
857 of the Code), and (b) the Guarantor shall not make any payment of principal
or interest on or repay, repurchase or redeem any debt securities issued by the
Guarantor which rank pari passu with or junior to the Debentures other than
payments under this Preferred Securities Guarantee.

      Section 6.2 Ranking. This Preferred Securities Guarantee will constitute
an unsecured obligation of the Guarantor and will rank (a) subordinate and
junior in right of payment to all Senior Debt, Subordinated Debt and Additional
Senior Obligations (as defined in the Indenture) of the Guarantor, (b) pari
passu with the most senior preferred securities or preference stock now or
hereafter issued by the Guarantor and with any guarantee now or hereafter
entered into by the Guarantor in respect of any preferred securities or
preference stock of any Affiliate of the Guarantor, and (c) senior to the
Guarantor's common stock.

                                  ARTICLE VII.
                                  TERMINATION

      Section 7.1. Termination. This Preferred Securities Guarantee shall
terminate upon (a) full payment of the Redemption Price of all the Preferred
Securities, (b) full payment of the amounts payable in accordance with the Trust
Agreement upon liquidation of the Trust, or (c) distribution of the Debentures
to the Holders of the Preferred Securities. Notwithstanding the foregoing, this
Preferred Securities Guarantee shall continue to be effective or shall be
reinstated, as the case may be, if at any time any Holder of Preferred
Securities must restore payment of any sums paid under the Preferred Securities
or under this Preferred Securities Guarantee.

                                  ARTICLE VIII.
                                 INDEMNIFICATION

      Section 8.1. Exculpation.

      (a) No Indemnified Person shall be liable, responsible or accountable in
damages or otherwise to the Guarantor or any Covered Person for any loss, damage
or claim incurred by reason of any act or omission performed or omitted by such
Indemnified Person in good faith in accordance with this Preferred Securities
Guarantee and in a manner that such Indemnified Person reasonably believed to be
within the scope of the authority conferred on such Indemnified Person by this
Preferred Securities Guarantee or by law, except that an Indemnified Person
shall be liable for any such loss, damage or claim incurred by reason of such
Indemnified Person's negligence or willful misconduct with respect to such acts
or omissions.

      (b) An Indemnified Person shall be fully protected in relying in good
faith upon the records of the Guarantor and upon such information, opinions,
reports or statements presented to the Guarantor by any Person as to matters the
Indemnified Person reasonably believes are within such other Person's
professional or expert competence and who has been selected with reasonable care
by or on behalf of the Guarantor, including information, opinions, reports or

                                       14
<PAGE>

statements as to the value and amount of the assets, liabilities, profits,
losses, or any other facts pertinent to the existence and amount of assets from
which Distributions to the Holders of the Preferred Securities might properly be
paid.

      Section 8.2. Indemnification. The Guarantor agrees to indemnify each
Indemnified Person for, and to hold each Indemnified Person harmless against,
any loss, liability or expense incurred without negligence or bad faith on its
part, arising out of or in connection with the acceptance or administration of
the trust or trusts hereunder, including the costs and expenses (including
reasonable legal fees and expenses) of defending itself against, or
investigating, any claim or liability in connection with the exercise or
performance of any of its powers or duties hereunder. The obligation to
indemnify as set forth in this Section 8.2 shall survive the termination of this
Preferred Securities Guarantee.

                                   ARTICLE IX.
                                  MISCELLANEOUS

      Section 9.1. Successors and Assigns. All guarantees and agreements
contained in this Preferred Securities Guarantee shall bind the successors,
assigns, receivers, trustees and representatives of the Guarantor and shall
inure to the benefit of the Holders of the Preferred Securities then
outstanding.

      Section 9.2. Amendments. Except with respect to any changes that do not
adversely affect the rights of the Holders (in which case no consent of the
Holders will be required), this Preferred Securities Guarantee may only be
amended with the prior approval of the Holders of at least a Majority in
Liquidation Amount of the Preferred Securities. The provisions of Article VI of
the Trust Agreement with respect to meetings of the Holders of the Preferred
Securities apply to the giving of such approval.

      Section 9.3. Notices. All notices provided for in this Preferred
Securities Guarantee shall be in writing, duly signed by the party giving such
notice, and shall be delivered, telecopied or mailed by registered or certified
mail, as follows:

      (a) If given to the Preferred Guarantee Trustee, at the Preferred
Guarantee Trustee's mailing address set forth below (or such other address as
the Preferred Guarantee Trustee may give notice of to the Holders of the
Preferred Securities):

                        Wilmington Trust Company
                        Rodney Square North
                        1100 North Market Street
                        Wilmington, Delaware 19809-0001
                        Attention:   Corporate Trust Department

      (b) If given to the Guarantor, at the Guarantor's mailing address set
forth below (or such other address as the Guarantor may give notice of to the
Holders of the Preferred Securities):

                                       15
<PAGE>

                        Great Southern Bancorp, Inc.
                        1451 East Battlefield Road
                        Springfield, Missouri 65804
                        Attention: Chief Financial Officer

      (c) If given to any Holder of Preferred Securities, at the address set
forth on the books and records of the Trust.

      All such notices shall be deemed to have been given when received in
person, telecopied with receipt confirmed, or mailed by first class mail,
postage prepaid except that if a notice or other document is refused delivery or
cannot be delivered because of a changed address of which no notice was given,
such notice or other document shall be deemed to have been delivered on the date
of such refusal or inability to deliver.

      Section 9.4. Benefit. This Preferred Securities Guarantee is solely for
the benefit of the Holders of the Preferred Securities and, subject to Section
3.1(a), is not separately transferable from the Preferred Securities.

      Section 9.5. Governing Law. THIS PREFERRED SECURITIES GUARANTEE SHALL BE
GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH THE LAWS OF THE
STATE OF NEW YORK (WITHOUT REGARD TO CONFLICT OF LAWS PRINCIPLES).

                                   * * * * *

                                       16
<PAGE>

      This Preferred Securities Guarantee is executed as of the day and year
first above written.

                                    GREAT SOUTHERN BANCORP, INC.,
                                    as Guarantor

                                    By: ________________________________________
                                            Name:_______________________________
                                            Title:______________________________

                                    WILMINGTON TRUST COMPANY,
                                    as Preferred Guarantee Trustee

                                    By: ________________________________________
                                            Name:_______________________________
                                            Title:______________________________

                                       17FULFILLMENT AND CUSTOMER SERVICE SERVICES AGREEMENT

      THIS FULFILLMENT AND CUSTOMER SERVICE SERVICES AGREEMENT, is made and
entered into as of October 2, 2000 (including all Exhibits hereto, the
"Agreement"), between Infinity Resources, Inc., an Illinois corporation
("Infinity Resources"), and Playboy.com, Inc., a Delaware corporation
("Playboy.com"). Certain terms used in this Agreement are defined in Section
13.1.

      WHEREAS, Infinity Resources and Critics' Choice Video, Inc., an Illinois
corporation ("CCV") and subsidiary of PEI, are parties to the Asset Purchase
Agreement, dated the date hereof (the "Asset Purchase Agreement");

      WHEREAS, the Asset Purchase Agreement sets forth as a condition precedent
to the obligations of each of the parties thereto to close the transactions
contemplated by the Asset Purchase Agreement that this Agreement be entered into
by the parties hereto; and

      WHEREAS, the parties hereto now desire to carry out the intent and purpose
of the Asset Purchase Agreement by executing and delivering this Agreement.

      NOW, THEREFORE, in consideration of the mutual promises contained in this
Agreement and other good and valuable consideration, the receipt and sufficiency
of which is acknowledged, the parties agree as follows:

      1. Purpose.

            1.1 Appointment. During the Term of this Agreement (as defined in
Section 6.4 below), Playboy.com appoints Infinity Resources, and Infinity
Resources agrees to serve, as Playboy.com's primary warehousing, fulfillment and
customer service provider. Playboy.com agrees to use commercially reasonable
efforts to ensure that Infinity Resources is its provider of such services for
no less than ninety percent (90%) of all products for which Playboy.com is the
principal, excluding without limitation affiliate sales and products which are
shipped directly from a manufacturer.

            1.2 Transition. Infinity Resources acknowledges that Playboy.com has
previously received its warehousing, fulfillment and customer service from PEI,
which PEI managed through certain inventory and order management systems.
Infinity Resources agrees to utilize and provide Playboy.com with inventory and
order management systems which provide features and functionality at least as
comprehensive as PEI's inventory and order management systems and which at a
minimum will include the features and functionality set forth in Exhibit A.
Without limiting the foregoing, in the event that Infinity Resources replaces
either or both of the Purchase Order System or Order Management System, it will
promptly integrate such successor systems to perform the same functionality as
the systems in place as of the date hereof.

      2. Product Receipt and Warehousing.

            2.1 Product Receipt.

<PAGE>

                  (a) Playboy.com shall enter purchase orders for products to be
supplied by Playboy.com's vendors into the Purchase Order System. Infinity
Resources will receive all delivered products from Playboy.com and/or
Playboy.com's vendors (the "Products").

                  (b) Upon receipt, Infinity Resources will unload the Products,
perform a quantity count and verification, conduct a damage check and
assessment, process the receipt of inventory and warehouse the Products in
accordance with Section 2.2.

            2.2 Warehousing.

                  (a) During the Term of this Agreement, Infinity Resources
shall use commercially reasonable means to receive, handle, store and protect
the Products from damage, theft and other adverse events.

                  (b) Infinity Resources shall store the Products in a secured
facility. Only Infinity Resources' employees and agents and Playboy.com's
authorized employees and agents will have access to the Products. In addition,
Infinity Resources shall maintain a separate area of the Warehouse Facilities
with locked and secured access, including, but not limited to, a security cage
(the "Secured Area"). Playboy.com may designate a reasonable amount of inventory
as High Risk Products, which shall be stored in the Secured Area. Furthermore,
Playboy.com acknowledges that Infinity Resources provides warehousing services
to third parties and that not all of the Products will be maintained in areas of
the Warehouse Facilities which are separate from such third parties' inventory.
Notwithstanding the foregoing, Infinity Resources shall take all reasonable
measures to ensure that Playboy.com's inventory is secure and clearly marked as
Playboy.com's inventory.

                  (c) Playboy.com shall have the right to inspect the Products
upon receipt by Infinity Resources and shall have the right to reject such
Products; provided, however, that Infinity Resources shall bear no liability for
such rejected Products. Infinity Resources shall provide a holding area for
Products received whose acceptability is questionable. Playboy.com will advise
on the disposition of such Products within ten (10) Business Days of
notification by Infinity Resources.

                  (d) Infinity Resources shall conduct cycle counts in order to
assure the accuracy of the inventory. If stock differences are found in any
inventory, Infinity Resources will list gains as receipts, and losses as
deductions, thus correcting the book record to agree with the actual Products on
hand. These changes will be made on an ongoing basis; provided, however, that
Infinity Resources shall promptly notify Playboy.com in writing when such
changes are made. Infinity Resources will take such additional physical
inventories as reasonably requested by Playboy.com upon advanced written notice
of no less than two (2) Business Days, the actual costs of which shall be at
Playboy.com's expense. Representatives of Playboy.com may be present during any
inventory.

      3. Customer Service, Order Processing and Order Fulfillment.

            3.1 Customer Service. Infinity Resources shall provide first-level
customer service to the customers of Playboy.com (the "Customers") in accordance
with Exhibit B.

                                       2
<PAGE>

            3.2 Order Processing. Infinity Resources shall process E-Commerce
Orders and Direct Commerce Orders in accordance with Exhibit B.

            3.3 Order Fulfillment.

                  (a) After receipt of an order, Infinity Resources will (i)
fill the order from the inventory of Products at the Warehouse Facilities, (ii)
insert all packing slips in accordance with Section 3.3(c) below, (iii) if
requested, gift wrap the Products, and (iv) pursuant to Playboy.com's
instructions, and based upon availability of Products in stock, ship the order
to Customers either as a multiple shipment or as one shipment. Infinity
Resources shall use a common carrier reasonably acceptable to Playboy.com. In
the event that Infinity Resources does not have a product in stock in order to
fulfill an order (a "Backordered Product"), Infinity Resources agrees to act in
accordance with Section 3.3(e) below. Furthermore, Infinity Resources shall
obtain written approval from Playboy.com before changing agreed-upon common
carriers.

                  (b) Infinity Resources will acknowledge receipt of orders to
Playboy.com on the Order Management System. Acknowledgment will be made promptly
after an order is received and will identify the availability of the Products.

                  (c) Infinity Resources will print all packing slips (other
than special inserts), including printing the text of any special message
requested by Playboy.com on the standard packing slip. Infinity Resources will
insert the standard packing slip and all additional packing slips requested by
Playboy.com, including special inserts provided by Playboy.com; provided,
however, that (i) Playboy.com will bear the cost of providing such special
inserts and additional packing slips and (ii) all non-Playboy.com inserts shall
be approved by Playboy.com. Furthermore, Infinity Resources will print and affix
shipping labels on orders being shipped to Customers as part of its fulfillment
obligations hereunder.

                  (d) Infinity Resources will make available on its Order
Management System the following daily reports to Playboy.com:

                         (i) all orders filled by Infinity Resources on the
preceding Business Day and which includes the following information for each
such order: the order number, the Customer's name and address, an itemization of
Products shipped, the price charged by Infinity Resources to Playboy.com for
each Product and shipping and handling charges to Customers and to Playboy.com;

                         (ii) all Product returns (identified by invoice number)
processed by Infinity Resources for the preceding Business Day and indicating
quantity and invoice amount; and

                         (iii) all orders canceled on the preceding Business Day
and which includes the following information for each canceled order: the order
number, the Customer's name, the title of each Product, the quantity of all
Products and the customer service representative who canceled the order on
behalf of the Customer.

                  (e) Infinity Resources shall promptly enter into the Order

                                       3
<PAGE>

Management System any Backordered Products so that Playboy.com may promptly
identify which Products need to be supplied. Upon receipt of any Backordered
Products, Infinity Resources shall follow the procedures set forth in Section
3.3(a). For purposes of Section 3.3(a), orders for Backordered Products shall be
deemed to have been placed upon the date the Backordered Products are received
into inventory by Infinity Resources.

            3.4 Other Services. In the event that Playboy.com requires services
that exceed the scope or extent of the Services provided for herein, including,
but not limited to, gift certificate support, coupon support and other premium
services ("New Services"), and if Infinity Resources agrees to provide such New
Services, Playboy.com and Infinity Resources shall negotiate in good faith the
terms and conditions, including price, under which Infinity Resources shall
provide New Services; provided, however, that the fee payable by Playboy.com for
any New Services shall be no less favorable to Playboy.com than the charges for
comparable services provided by Infinity Resources to any third party. In the
event that the parties agree to New Services, the scope and duration of the New
Services shall be described in an addendum to the appropriate Exhibit hereto and
thereafter such New Services shall be considered Services hereunder. Playboy.com
may elect to reduce or terminate any of the New Services upon thirty (30) days
prior written notice to Infinity Resources. Except as otherwise provided herein,
to the extent Playboy.com elects to reduce or terminate any of the Services or
to the extent the parties mutually agree to cancel or terminate any of the New
Services, such services shall be deemed modified or deleted, as applicable, from
the appropriate Exhibit hereto, with the remaining services thereafter
constituting the Services.

            3.5 Service Levels.

                  (a) Except as the parties may otherwise mutually agree,
Infinity Resources shall provide and perform the Services at levels of service
Substantially similar to the levels of service provided to Playboy.com by PEI or
one or more of its Affiliates prior to the date hereof (the "Effective Date"),
and in any event with the same degree of care, skill and prudence customarily
exercised by it for its own operations.

                  (b) Playboy.com may request a reduction or termination of any
(or all) of the Services upon ninety (90) days written notice in the event that
Playboy.com ceases to be in the direct commerce or e-commerce business.
Playboy.com hereby represents and warrants that as of the effective date of this
Agreement, it has no intention of ceasing to be in either the direct commerce or
e-commerce business.

                  (c) Infinity Resources agrees to provide the Services in
accordance with the Service Performance Levels set forth on Exhibit C. In the
event that a particular Service falls below the applicable Service Performance
Level, Playboy.com shall provide written notice to Infinity Resources of such
failure to perform. If Infinity Resources is unable to cure any failure to
perform such Services in accordance with the Service Performance Levels within
two (2) weeks of receipt of notice, Playboy.com shall be entitled to a credit
equal to ten percent (10%) of fees in respect of all Services falling below
Service Performance Levels (the "Deficient Services"). Such credit shall appear
on the invoice for the month immediately following the month in which Deficient
Services were provided.

                                       4
<PAGE>

                         (i) In the event that Infinity Resources cures the
Deficient Services within the two (2) week period following notice but fails to
maintain the Service Performance Levels for a period of thirty (30) days
following the date of such cure, Playboy.com shall be entitled to a credit on
all Deficient Services retroactive to the date of the initial notice.

                         (ii) In the event that Infinity Resources cures the
Deficient Services at anytime following notice but fails to maintain the Service
Performance Levels for a period of ninety (90) days following the first date of
notice ("First Notice Date"), Playboy.com shall notify Infinity Resources (in
accordance with Section 3.5(c)) that the Services have again become deficient
and afford Infinity Resources another opportunity to cure. If the provision of
such Services by Infinity Resources falls below the Service Performance Levels
three (3) times within ninety (90) days of the First Notice Date, then such
repeated deficiencies shall be deemed an uncured material breach, entitling
Playboy.com to terminate this Agreement pursuant to Section 6.3(a).

            3.6 Insurance. Infinity Resources shall maintain at all times during
the Term of this Agreement insurance as provided below and shall name
Playboy.com as an additional insured to the extent of indemnity provided herein
under its liability policies as follows:

                  (a) Commercial general liability insurance including
premises/operations, broad form property damage, independent contractors, and
contractual liability covering Infinity Resources' obligations hereunder for
bodily injury and property damage, with a combined single limit of not less than
$1,000,000 each occurrence and $5,000,000 umbrella coverage.

                  (b) Workers' compensation insurance in statutory amounts
covering Infinity Resources and its employees, and employer's liability
insurance in an amount not less than $500,000 per accident/disease.

                  (c) All insurance required above shall be carried with
insurance companies licensed to do business in the state(s) where operations are
maintained. Infinity Resources shall deliver to Playboy.com, upon Playboy.com's
request, certificates of insurance as evidence of the required coverages.
Infinity Resources agrees that these policies shall not be canceled or
materially changed without at least thirty (30) days prior written notice to
Playboy.com.

      4. Returns.

            4.1 Each shipment of Products to Customers will include
Playboy.com's then-current return policy (the "Return Policy") as supplied by
Playboy.com, including instructions that Customers are to make returns of
Products to 900 Rohlwing Road, Itasca, IL 60143 or to such other address as
mutually agreed upon by the parties.

                  (a) Within two (2) Business Days of receipt by Infinity
Resources, all returned Products will be logged as having been received and
placed back in stock, if applicable, or held aside for Playboy.com personnel to
inspect and advise on proper disposition.

                                       5
<PAGE>

                  (b) With respect to Product returns resulting from mishandling
by Infinity Resources, including, but not limited to, incorrect address
inputting, Products shipped erroneously to Customers or the shipment of Products
known by Infinity Resources to be Unmerchandisable Products prior to shipment by
Infinity Resources (collectively, the "Mishandled Products"), Infinity Resources
shall promptly reship the correct order to Customers at no additional Services
cost to Playboy.com. As used in this Section 4.1(b), knowledge as to any person
shall include without limitation such person's observation with the naked eye
that the product was an Unmerchandisable Product.

                  (c) Playboy.com will be issued a credit by Infinity Resources
for the price paid by Playboy.com for Services for any returned Products that
are not reshipped pursuant to Section 4(b).

                  (d) Playboy.com shall reimburse Infinity Resources for any
freight costs incurred for returned Products, except that Infinity Resources
shall bear freight expenses for returns of Mishandled Products to Infinity
Resources by Customers.

            4.2 Infinity Resources will use commercially reasonable efforts and
standards to ensure that Unmerchandisable Products are not shipped to Customers,
and will package Products for shipment to Customers in a manner which is
commercially reasonable to prevent damage during shipment.

            4.3 Infinity Resources will insure shipments of Products with an
aggregate value in excess of $250.00. The costs of such insurance will be billed
to Playboy.com at Infinity Resources' actual cost of acquiring such insurance
and Infinity Resources shall provide Playboy.com with a monthly report detailing
the costs for such insurance. Playboy.com reserves the right to adjust the
threshold amount for insurance coverage at any time upon thirty (30) days'
notice to Infinity Resources.

      5. Pricing and Payment Terms.

            5.1 Services will be charged on either a per order basis ("Per Order
Services") or an annual basis ("Annual Services") as specified on Exhibit D.

            5.2 Playboy.com shall be responsible for collection of all payments
for sales of Products and for the determination and payment of all applicable
taxes, including sales taxes.

            5.3 For Per Order Services, Infinity Resources shall invoice
Playboy.com as soon as possible but in no event later than ten (10) days after
the end of each month for Per Order Services rendered in the preceding month.
For Annual Services, Infinity Resources shall invoice Playboy.com within ten
(10) days after the end of each month an amount equal to one-twelfth (1/12th) of
the annual amount specified on Exhibit D for such Annual Services, which will be
deemed to be Infinity Resources' compensation for Annual Services rendered in
the preceding month. All invoices for Per Order Services and Annual Services
shall be paid by Playboy.com no later than the thirtieth (30th) day of the month
in which the invoice is received by Playboy.com. Playboy.com agrees to pay a
late payment charge of one percent (1%) per month on all invoice amounts unpaid
after the due date.

                                       6
<PAGE>

      6. Term and Termination.

            6.1 Term. The term of this Agreement shall begin on the Effective
Date and shall continue until December 31, 2004 (the "Initial Term") or until it
is terminated in accordance with this Section 6.

            6.2 Termination by Infinity Resources. Infinity Resources shall have
the right (but not the obligation) to immediately terminate this Agreement on or
after the occurrence of any of the following:

                  (a) Playboy.com is in material breach of any of its
obligations or representations hereunder, which breach is not cured within
thirty (30) days of receipt of written notice from Infinity Resources of such
breach; or

                  (b) Playboy.com (i) becomes the subject of a voluntary
petition in bankruptcy or any voluntary proceeding relating to insolvency,
receivership, liquidation, or composition for the benefit of creditors, and such
petition or proceeding is not dismissed within sixty (60) days of filing, or
(ii) becomes the subject of any involuntary petition in bankruptcy or any
involuntary proceeding relating to insolvency, receivership, liquidation, or
composition for the benefit of creditors, and such petition or proceeding is not
dismissed within sixty (60) days of filing.

            6.3 Termination by Playboy.com. Playboy.com shall have the right
(but not the obligation) to immediately terminate this Agreement on or after the
occurrence of any of the following:

                  (a) Infinity Resources is in material breach of any of its
obligations or representations hereunder, which breach is not cured within
thirty (30) days of receipt of written notice from Playboy.com of such breach;

                  (b) Infinity Resources (i) becomes the subject of a voluntary
petition in bankruptcy or any voluntary proceeding relating to insolvency,
receivership, liquidation, or composition for the benefit of creditors, and such
petition or proceeding is not dismissed within sixty (60) days of filing, or
(ii) becomes the subject of any involuntary petition in bankruptcy or any
involuntary proceeding relating to insolvency, receivership, liquidation, or
composition for the benefit of creditors, and such petition or proceeding is not
dismissed within sixty (60) days of filing; or

                  (c) Playboy.com's request to terminate the Services in
accordance with Section 3.5(b).

            6.4 Renewal. At the end of the Initial Term, or any Renewal Term (as
defined below) then in effect, this Agreement will be renewed for a further term
of one (1) year (each, a "Renewal Term") if (i) Playboy.com delivers to Infinity
Resources a written notice of renewal not later than ten (10) Business Days
before the end of the Initial Term or such then-effective Renewal Term, as the
case may be, and (ii) Infinity Resources does not deliver to Playboy.com a
written notice of its election not to renew this Agreement prior to the
expiration of the Initial Term or such then-effective Renewal Term, as the case
may be (the Initial Term

                                       7
<PAGE>

together with any Renewal Terms, the "Term").

            6.5 Notice of Termination. A party may exercise its right to
terminate pursuant to this Section 6 by sending appropriate written notice to
the other party as provided in Section 13.2 hereof. No exercise by a party of
its rights under this Section 6 will limit any other remedies available to such
party or such party's rights to exercise any other rights under this Section 6.

            6.6 Effect of Termination.

                  (a) Infinity Resources shall fulfill all orders placed prior
to the effective date of termination but shall have no responsibility to provide
any further Services to Playboy.com as of the effective date of termination.

                  (b) Except as set forth in Section 6.6(a), Infinity Resources
shall promptly return all of Playboy.com's equipment and property following the
effective date of termination. Such transfer shall be at Playboy.com's expense
except in the case of termination by Playboy.com for breach under Section
6.3(a).

      7. Confidentiality.

            7.1 Confidential Information. Each party shall cause each of its
Affiliates and each of their officers, directors and employees to hold all
information (the "Confidential Information") relating to the business of the
other party disclosed to it by reason of this Agreement confidential and will
not disclose any of such Confidential Information to any third party, except as
provided in this Agreement. Each party shall limit disclosure of such
Confidential Information to those of its employees who have a need to know such
Confidential Information and shall inform those employees to whom such
disclosure is made of their obligations of confidentiality and limited use. The
obligations of this Section 7 shall not extend to any Confidential Information:

                  (a) that, on or after the date of this Agreement, comes into
the public domain through no fault of a party with a confidentiality obligation
under this Agreement;

                  (b) that is disclosed to a party with a confidentiality
obligation under this Agreement, without restriction on disclosure, by a third
party who has the lawful right to make such disclosure; or

                  (c) that is required to be disclosed by a party by law, or to
a court or by a Governmental Body (as defined in the Asset Purchase Agreement).

            7.2 Customer Data. As between Infinity Resources and Playboy.com,
Playboy.com owns all right, title and interest in the Customer Data with no duty
to account to Infinity Resources. Customer Data shall be deemed to be the
Confidential Information of Playboy.com. Infinity Resources shall have no right
to use the Customer Data except solely as necessary to perform its obligations
to Playboy.com hereunder. Infinity Resources agrees that any use of Customer
Data hereunder shall conform with Playboy.com's privacy policy, as such policy
may be revised from time to time at Playboy.com's sole discretion, and that
Infinity

                                       8
<PAGE>

Resources shall not knowingly violate privacy and data protection laws,
regulations, and policies applicable to the gathering, processing, storing and
transmitting of such Customer Data. Without limiting the foregoing, Infinity
Resources will not use the Customer Data for the purpose of sending or causing
to be sent to any Customer any uninvited solicitation in any form of media now
known or hereafter developed. The parties acknowledge that they share some
common customers and Infinity Resources shall not be restricted from contacting
any customer whose information it acquires independently from its access to the
Customer Data.

      8. No Ownership; Liens.

            8.1 Except as agreed between the parties, in writing, or as
expressly set forth in this Agreement or the other Transactions Documents,
Infinity Resources shall have no right, title or interest in or to any equipment
or property provided by Playboy.com for use by Infinity Resources in relation to
any Service provided hereunder.

            8.2 Except as required to perform its obligations hereunder, neither
party is hereby granted any rights in or to the other party's trademarks,
service marks, trade names, service names or other marks, registered or
otherwise (collectively, the "Marks"). All use by one party of the other party's
Marks shall conform to the usage guidelines provided by the party owning the
Marks, which guidelines may be updated from time to time. In the event that a
party notifies the other party of any incorrect usage of its Marks, the notified
party shall promptly correct such usage. All use of a party's Marks by the other
party shall inure to the benefit of the party owning the Marks and such owning
party shall be the sole party entitled to register its Marks.

            8.3 Nothing in this Agreement shall be deemed to alter or amend any
existing agreement between any of the parties and any third party.

            8.4 During the Term of this Agreement, Infinity Resources shall not
allow liens or encumbrances of any kind to be placed on any of the Products or
any additional property of Playboy.com in the possession of Infinity Resources
or located at the Warehouse Facilities other than by Playboy.com.

      9. Indemnification. Except as otherwise provided herein, neither party
shall have any liability whatsoever to the other party for any error, act or
omission in connection with the Services unless such error, act or omission
derives from willful misconduct or gross negligence. In no event shall either
party hereto be entitled to make a claim against the other party for lost
profits, use, production or contract or other consequential, incidental,
indirect, special or punitive damages or for any financial or economic loss
whatever and howsoever caused; provided, however, that in the event of a
Termination For Convenience by Playboy.com, Playboy.com shall pay to Infinity
Resources damages equal to a pro-rata amount of $3,314,381. Such pro-rata amount
shall be equal to the product of (a) the number of full months remaining until
the end of the third quarter of 2004 as of the effective date of termination for
convenience and (b) $69,049.60 (which represents the monthly allocation of
$3,314,381 over four (4) years). For purposes of this Section 9, "Termination
For Convenience" shall mean a termination by a going concern Playboy.com
business for the purpose of selecting an alternate provider of the Services.
Such payment shall be made in monthly installments of $69,049.60 beginning
thirty

                                       9
<PAGE>

(30) days after the effective date of termination. For purposes of this
Agreement, such amount shall be deemed to be Infinity Resources' direct damages
for termination by Playboy.com for convenience. The liability of either party
for damages or alleged damages hereunder, whether in contract, tort or any other
legal theory, is limited to, and will not exceed, the other party's direct
damages.

      10. Relationship of Parties. Each party hereto is an independent
contractor and when its employees act under the terms of this Agreement, they
shall be deemed at all times to be under the supervision and responsibility of
such party; and no person employed by either party and acting under the terms of
this Agreement shall be deemed to be acting as agent or employee of such party
or any customer of such party for any purpose whatsoever. Neither of the parties
shall act or represent or hold itself out as having authority to act as an agent
or partner of the other party, or in any way bind or commit the other party to
any obligations. Nothing contained in this Agreement shall be construed as
creating a partnership, joint venture, agency, trust or other association of any
kind, each party being individually responsible only for its obligations as set
forth in this Agreement.

      11. Audit Rights.

            11.1 Books and Records. From and after the date hereof, Infinity
Resources shall maintain accurate and detailed records and accounts of all
transactions relating to the Services (the "Records") performed hereunder, and
shall allow Playboy.com or its representatives access to such records upon
reasonable notice and during normal business hours to audit or check the
accuracy of such Records. At the end of the Term, Infinity Resources shall
promptly deliver to Playboy.com, at Playboy.com's expense, copies of any such
Records in the possession of Infinity Resources reasonably requested by
Playboy.com.

            11.2 Audit of Products and Inventory Records. In addition to
Playboy.com's rights to inspect Products upon receipt pursuant to Section
2.2(b), Playboy.com may inspect Products after receipt and examine Infinity
Resources' records pertaining to inventory under this Agreement during normal
business hours and upon no less than a two (2) Business Days' notice to Infinity
Resources.

      12. Force Majeure. Infinity Resources shall be temporarily excused from
providing the Services during the period of an applicable Force Majeure event.

      13. Miscellaneous.

            13.1 Definitions. As used in this Agreement, the following terms
have the following meanings. Capitalized terms used in this Agreement and not
otherwise defined shall have the meanings ascribed to them in the Asset Purchase
Agreement.

      "Affiliate" means any Person who is an "affiliate" as defined in Rule
12b-2 of the General Rules and Regulations under the Securities Exchange Act of
1934, and the rules and regulations promulgated thereunder.

                                       10
<PAGE>

      "Business Day" means any day other than a Saturday, Sunday or other day on
which commercial banks in the State of Illinois are authorized or required by
law or executive order to close. For purposes of this Agreement, Playboy.com's
Business Day ends at 6:00 PM (Central Time).

      "CPI" means the Consumer Price Index - All Urban Consumers (all items) for
the United States as published by the U.S. Department of Labor, Bureau of Labor
Statistics.

      "Customer Data" means any information provided by, or concerning, any
customer of Playboy.com.

      "Direct Commerce" means the sale and promotion of branded products and
services via mail and other direct marketing efforts.

      "Direct Commerce Orders" means orders received from Customers of
Playboy.com's Direct Commerce business.

      "E-Commerce" means conducting any of the following using or via
communications involving the TCP/IP Protocol or any TCP/IP Successors: (i)
promoting, offering, providing or selling goods, (ii) promoting, offering,
providing or selling services including, but not limited to, auctions,
electronic payments, travel and other ticket sales, classified ads, Internet
service provider services, pay-per-view or pay-per-use services, gambling and
gaming, and on-line community services (which include, but are not limited to,
e-mail, chat, bulletin boards, directories, databases, and personal or shared
calendar or address books), or (iii) providing hypertext links to Web sites that
provide any of the foregoing.

      "E-Commerce Orders" means orders received from Customers of Playboy.com's
E-Commerce business.

      "High Risk Products" means Products designated by Playboy.com as delicate,
expensive or susceptible to theft.

      "Force Majeure" means any cause or condition beyond Infinity Resources'
reasonable control, including, without limitation, to acts of God or of the
public enemy; acts of any federal, state or local government or agency; fires;
floods; epidemics; quarantine restrictions; strikes and labor disputes; war;
negligence or other fault of Playboy.com (provided that Playboy.com must be
given the opportunity to cure any such negligence or other fault within a
reasonable time); failure of communications capabilities; earthquakes or general
unavailability of energy or materials.

      "Order Management System" means Infinity Resources' current inventory and
customer order system or any successor system.

      "PEI" means Playboy Enterprises, Inc., a Delaware corporation, and any
successor to such entity.

                                       11
<PAGE>

      "Person" means any individual, corporation, partnership, firm, joint
venture, limited liability company, association, joint-stock company, trust,
unincorporated organization, Governmental Body or other entity.

      "Purchase Order System" means Infinity Resources' current purchase order,
receiving American System Inc., or any successor system.

      "Services" means all services provided by Infinity Resources hereunder.

      "Substantially" means in respect of a given Service, ninety-seven percent
(97%) of the respective Service Performance Level set forth on Exhibit C.

      "Unmerchandisable Products" means Products that are shopworn and/or
soiled.

      "Warehouse Facilities" means one (1) or more of Infinity Resources'
warehouse facilities as Infinity Resources may from time to time designate.

            13.2 Notices. Any notice or other communication required or
permitted hereunder shall be in writing and shall be delivered personally, sent
by facsimile transmission or sent by certified, registered or overnight courier,
postage prepaid. Any such notice shall be deemed given when so delivered
personally or sent by facsimile transmission, if delivered by commercial
overnight courier service, one (1) day after delivery or, if mailed, five (5)
days after the date of deposit in the United States mails, as follows:

                  (i)   if to Infinity Resources, to:

                                  Infinity Resources, Inc.
                                  900 Rohlwing Road
                                  Itasca, Illinois 60143

                                  Attention: Dennis E. Abboud
                                  Facsimile: (630) 775-3340

                        with a copy to:

                                  Huff & Gaines
                                  10 South La Salle Street, Suite 3500
                                  Chicago, Illinois 60603-1002

                                  Attention: John J. Gaines III, Esq.
                                  Facsimile: (312) 606-0027

                                       12
<PAGE>

                  (ii)  if to Playboy.com, to:

                                  Playboy Enterprises, Inc.
                                  680 North Lake Shore Drive
                                  Chicago, Illinois  60611

                                  Attention: Howard Shapiro, Esq.
                                             General Counsel
                                  Facsimile: (312) 266-2042

                                  AND

                                  Playboy.com, Inc.
                                  730 Fifth Avenue
                                  New York, New York  10019

                                  Attention: Larry Lux
                                             Chief Executive Officer
                                  Facsimile: (212) 957-2910

                        with a copy to:

                                  Paul, Weiss, Rifkind, Wharton & Garrison
                                  1285 Avenue of the Americas
                                  New York, New York  10019-6064

                                  Attention: John P. McEnroe, Esq.
                                  Facsimile: (212) 757-3990

Either party may by notice given in accordance with this Section to the other
parties designate another address or Person (as defined in the Asset Purchase
Agreement) for receipt of notices hereunder.

            13.3 Entire Agreement. This Agreement (including the Exhibits)
contains the entire agreement among the parties with respect to the transactions
contemplated hereby and supersede all prior agreements, written or oral, with
respect thereto.

            13.4 Waivers and Amendments; Non-Contractual Remedies. This
Agreement may be amended, superseded, canceled, renewed or extended, and the
terms hereof may be waived, only by a written instrument signed by the parties
hereto or, in the case of a waiver, by the party waiving compliance. No delay on
the part of either party in exercising any right, power or privilege hereunder
shall operate as a waiver thereof, nor shall any waiver on the part of either
party of any such right, power or privilege, nor any single or partial exercise
of any such right, power or privilege, preclude any further exercise thereof or
the exercise of any other such right, power or privilege.

            13.5 Binding Effect; Assignment. This Agreement shall be binding

                                       13
<PAGE>

upon and inure to the benefit of the parties and their respective successors and
legal representatives. This Agreement is not assignable except by operation of
law, except that Playboy.com may assign this Agreement to any of its Affiliates
or to any successor to all or substantially all of its business or assets.

            13.6 Counterparts. This Agreement may be executed by the parties
hereto in separate counterparts, each of which when so executed and delivered
shall be an original, but all such counterparts shall together constitute one
and the same instrument. Each counterpart may consist of a number of copies
hereof each signed by less than all, but together signed by all of the parties
hereto. The parties hereto confirm that any facsimile copy of another party's
executed counterpart of this Agreement (or the signature page thereof) shall be
deemed to be an executed original thereof.

            13.7 Exhibits. The Exhibits are a part of this Agreement as if fully
set forth herein. All references herein to Sections and Exhibits shall be deemed
references to such parts of this Agreement, unless the context shall otherwise
require.

            13.8 Headings. The headings in this Agreement are for reference
only, and shall not affect the interpretation of this Agreement.

            13.9 Interpretation. Wherever from the context it appears
appropriate, each term stated in either the singular or the plural shall include
the singular and the plural, and pronouns stated in the masculine, the feminine
or neuter gender shall include the masculine, the feminine and the neuter.

            13.10 Certain Acknowledgments. Each of the parties hereto
acknowledge that it has been represented by legal counsel of its own choice
throughout all negotiations and preparation and review of this Agreement, and
that it has executed this Agreement voluntarily. Each of the parties hereto
acknowledge that it is sophisticated in transactions of the type contemplated by
this Agreement and each party wishes to create a relationship based on the terms
set forth in this Agreement.

            13.11 Severability. If any term, provision, covenant or restriction
of this Agreement is held by a court of competent jurisdiction to be invalid,
void or unenforceable, the parties hereto directs that such court interpret and
apply the remainder of this Agreement in the manner that it determines most
closely effectuates their intent in entering into this Agreement, and in doing
so particularly take into account the relative importance of the term,
provision, covenant or restriction being held invalid, void or unenforceable.

            13.12 Survival. The provisions of Sections 6.6 (Effect of
Termination), 7 (Confidentiality), 9 (Indemnification), 13.12 (Survival) and
13.13 (Governing Law) hereof shall survive any termination of this Agreement.

            13.13 Governing Law. This Agreement shall be governed and construed
in accordance with the laws of the State of Illinois applicable to agreements
made and to be performed entirely within such State.

                                       14
<PAGE>

      IN WITNESS WHEREOF, the parties have executed this Fulfillment and
Customer Service Services Agreement on the date first above written.

                                        INFINITY RESOURCES, INC.

                                        By: s/Dennis Abboud
                                            ------------------------------------
                                            Name: Dennis Abboud
                                            Title: CEO

                                        PLAYBOY.COM, INC.

                                        By: s/Howard Shapiro
                                            ------------------------------------
                                            Name: Howard Shapiro
                                            Title: Vice President

                                       15

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