Document:

U.S. INTELLECTUAL PROPERTY LICENSE AGREEMENT

      This Agreement is made and effective  this 17th day of October, 2000, by
and between MicroStrategy  Incorporated,  a corporation organized and existing
under the laws of Delaware,  having its office located at 8000 Towers Crescent
Drive,   Vienna,   VA  22182   ("Licensor"   or  "MSTR"),   and   Strategy.com
Incorporated,   a  corporation  organized  and  existing  under  the  laws  of
Delaware,   having  its   principal   place  of   business   located  at  1861
International Drive, Vienna, VA 22182 ("Licensee" or "SDC").

                                 WITNESSETH:

      WHEREAS,  MSTR and certain of its  subsidiaries  desire to realign their
worldwide  corporate  structure in  accordance  with their  separate  lines of
business, the "Strategy.com Business" and the "MicroStrategy Business"; and

      WHEREAS,  the  entities  now  enter  into  various  agreements  and make
certain   mutual   promises  as  described  in  the  "Agreement  and  Plan  of
Reorganization"  by  and  among  MicroStrategy   Incorporated,   MicroStrategy
International Limited,  MicroStrategy  International II Limited,  Strategy.com
Incorporated,  and Strategy.com  International Limited dated October 17,  2000
to effectuate this realignment and reorganization; and

      WHEREAS,  Licensor is the owner of all right,  title and interest in and
to certain  pending patent  applications  in the United States as set forth in
Schedule A hereto (the "Licensed  Inventions")  and is the owner of all right,
title  and  interest  in  and  to  copyrights   and  trade  secret  and  other
intellectual  property  rights in the United States as set forth in Schedule B
hereto (the "Licensed Technology"); and

      WHEREAS,   Licensor  is  willing  to  supply   Licensee   with   certain
information  with respect to the Licensed  Technology  and to grant Licensee a
perpetual  non-exclusive,   nontransferable,   royalty-free  license  to  use,
manufacture,  distribute,  sell  and  offer  to  sell  products  and  services
utilizing the Licensed  Technology  and the Licensed  Inventions in the United
States and to use the technical and  engineering  information  supplied by the
Licensor in the  manufacture,  use and sale of products and/or services in the
United States subject to the terms and conditions set forth herein; and

      WHEREAS,  Licensee  desires to secure and use such Licensed  Technology,
Licensed  Inventions and technical and  engineering  services and  information
and to secure such rights and license under Licensor's  intellectual  property
and trade secret  rights,  including  all of the patents which mature from the
aforesaid pending patent applications in the United States;

      NOW,  THEREFORE,  in  consideration  of the premises set forth above and
the covenants set forth below, and other valuable  consideration,  the receipt
and  sufficiency  of which  are  hereby  acknowledged,  the  parties  agree as
follows:

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      1.    LICENSE.

            1.1   License.

                  (a)   Licensor   hereby  grants  to  Licensee  a  perpetual,
royalty-free,  non-exclusive  non-transferable  license to  manufacture,  have
manufactured,  distribute,  use, lease, sell and offer to sell products and/or
services utilizing the Licensed  Technology and the Licensed Inventions and to
use any changes,  developments or improvements to the Licensed  Inventions and
patents  licensed  hereunder  in the United  States.  To the extent,  however,
that  any of the  MicroStrategy  Platform  as  defined  in the  U.S.  Software
License  Agreement  falls within the scope of the Licensed  Technology  and/or
Licensed  Inventions  hereunder  and,  to the  extent  there  is any  conflict
between the provisions of this  Intellectual  Property  License  Agreement and
the U.S.  Software  License  Agreement  executed  concurrently  herewith  with
respect  to such  MicroStrategy  Platform,  the  terms  of the  U.S.  Software
License Agreement shall govern.

                  (b)   No  grant or right is  conveyed  to  Licensee  by this
Agreement to sublicense the manufacture,  distribution, use, lease and/or sale
of the  Licensed  Technology  and the  Licensed  Inventions  under the license
granted under this Article  without the express  written  consent of Licensor,
other than and  solely to the extent  that such  Licensed  Technology  and the
Licensed  Inventions are  incorporated by Licensee in the delivery of services
by Licensee to its customers.

                  (c)   Licensee  acknowledges  and  agrees  that  all  right,
title and interest in the Licensed  Technology and the Licensed Inventions are
and shall  remain the  property of Licensor.  No license,  grant,  immunity or
other right is granted by  implication or otherwise with respect to any patent
or patent  application  other than those  patents  resulting  from the pending
applications  set forth in Schedule A, or any  continuations,  divisionals  or
reissues relating to those pending applications.

                  (d)   All  title  and  ownership  in  and  to  all  changes,
developments  or  improvements  by the  Licensee  in the  Licensed  Inventions
and/or the  Licensed  Technology  shall be the property of the Licensor to the
extent that Licensor  incorporates such changes,  developments or improvements
into the  MicroStrategy  Platform.  If Licensor does not so  incorporate  such
changes,  developments  and/or  improvements into the MicroStrategy  Platform,
then  all  title  and  ownership  in  and to  such  changes,  developments  or
improvements shall vest in Licensee,  provided,  however,  that as to any such
changes,  developments or improvements by the Licensee, Licensee hereby grants
to Licensor a perpetual, royalty-free,  nonexclusive,  nontransferable license
to manufacture,  have manufactured,  distribute, use, lease, sell and offer to
sell  products  and/or  services  utilizing  such  changes,   developments  or
improvements  to the Licensed  Inventions  or the Licensed  Technology  in the
United  States,   provided,   however,   that  Licensor  shall  not  make  any
distribute,   use,   lease,   sell,   license  or  sublicense   such  changes,
developments or improvements in a manner that harms the competitive  interests
of Licensee.

                  (e)   Notwithstanding   any   provisions   to  the  contrary
contained in this  Agreement  and for the  avoidance of doubt,  SDC shall have
the right to use  and/or  sublicense  the

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Licensed  Inventions   and   Licensed  Technology  solely  for  the  purpose  of
licensing  or offering the  Services as defined in the U.S.  Software  Licensing
agreement  to a third  party that  relicenses  the  Services  for example an OEM
relationship.

                  (f)   Licensee  agrees that it will not reveal,  disclose or
make any Confidential  Information of Licensor available to any person without
the  prior  written  consent  of the  Licensor.  Licensee  further  agrees  to
safeguard and protect the Licensor's  Confidential  Information in a manner at
least  consistent  with  the  protections  Licensee  uses to  protect  its own
Confidential  Information.  The  Confidential  Information  shall  include the
software,  documentation and technical specifications relating to the Licensed
Inventions  as well as the  contents of the  pending  patent  applications  at
least until such time as such pending  patent  applications  are  published or
are issued as patents by a patent regulatory agency.

      2.    MARKING.

            2.1.  In the  event  that  a U.S.  patent  issues  for  any of the
Licensed  Inventions,  Licensee  agrees  to affix to each  product  a  legible
notice reading:  "Licensed under U.S. Patent No. _______________"  followed by
the number of the issued patent licensed  hereunder.  Until such patent issues
(or  is  finally  rejected),   Licensee  shall  place  an  appropriate  notice
regarding such pendency on each product.

      3.    ASSIGNMENT.

            3.1   Assignment.  Licensee  shall  not  assign or  transfer  this
Agreement,  in whole or in part, without the written consent of Licensor, such
consent not to be unreasonably  withheld or delayed;  provided,  however, that
Licensee  may assign or  transfer  this  Agreement  to any  affiliate  without
Licensor's  consent,   provided  that  any  such  contemplated  assignment  by
Licensee  shall be permitted  under the Patent  License.  For purposes of this
Section,  "affiliate" shall mean an entity which by voting power controls,  is
controlled  by or is under  common  control  with said party.  Licensor  shall
have the right to assign or transfer  this  Agreement to a third party without
the approval of Licensee  provided  such  assignment  or transfer is permitted
under the Patent License.

      4.    TERM OF THE LICENSE.

      4.1   The license  granted  herein under any patent  shall  continue for
the  entire  term of such  patent or for as much of such term as the  Licensor
has the right to grant.  The  license  granted  to any  non-patented  Licensed
Technology shall be perpetual.

      5.    DEFAULT AND EARLY TERMINATION.

     5.1 Default by Either Party.  Either party may terminate  this Agreement on
thirty (30) days' prior written notice,  if one or more of the following  events
shall occur:
                  5.1.1       If  either  party  becomes  insolvent  or if its
business is placed in the hands of a trustee,  custodian, or receiver, whether
by voluntary act or otherwise.

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                  5.1.2 If any bankruptcy,  reorganization,  debt arrangement,
or other  proceeding or case under any  bankruptcy  or insolvency  law, or any
dissolution  or  liquidation  proceeding is  instituted  by or against  either
party.
                  5.1.3 The notice of  termination  shall  specify  the reason
for  termination  and  a  termination  date.  Such  termination  shall  become
effective on the date of  termination  set forth in the notice of  termination
but in no event  earlier  than  thirty  (30)  days  from  the date of  mailing
thereof.  This  Agreement  may be  terminated  by  mutual  agreement  of  both
parties.

     5.2.  Licensor.  If Licensee shall default in any of its obligations  under
this  Agreement and such default shall  continue  uncured for a period of thirty
(30) days from the date of written notice thereof by Licensor to Licensee.  Upon
termination  of this  Agreement  pursuant  to  this  provision,  Licensee  shall
immediately  cease all  making,  having  made,  use,  lease  and/or  sale of the
products  and/or  services  utilizing the Licensed  Technology  and/or  Licensed
Inventions  and  shall  promptly  return to  Licensor  all  copies of  software,
documentation,  technical  specifications and other Confidential  Information of
the Licensor.

     5.3 Licensee.  Licensee may terminate  this  Agreement on thirty (30) days'
prior written  notice in the event Licensor  defaults in any of its  obligations
hereunder  and such default shall  continue  uncured for a period of thirty (30)
days from the date of written notice thereof by Licensee to Licensor;  provided,
however,  that if Licensor  has taken steps to effect a cure during such period,
Licensor shall be granted  reasonable  additional time to complete such cure. In
the event of such default and the termination of this Agreement,  Licensee shall
have any and all remedies available at law or in equity. If Licensor defaults in
any of its  obligations  hereunder and such default  continues  uncured for such
thirty (30) day period set forth above, and Licensee does not elect to terminate
the  Agreement,  Licensee  may  pursue  whatever  remedies  it chooses at law or
equity.

      6.    WARRANTIES

     6.1 IP Rights Ownership.  MSTR warrants that it owns, free and clear of all
liens or  encumbrances,  or has valid  licenses  in the IP Rights  contained  in
Schedules  A and B that it has full  legal  right  to grant to SDC the  licenses
contained herein.

     6.2. No Additional  Warranties.  MSTR offers no warranties other than those
specifically set in this Section and to the extent permitted by law specifically
disclaim all others, including merchantability and fitness
for a particular purpose.

      7.    INDEMNIFICATION

     7.1 Indemnification of SDC. MSTR shall defend and indemnify SDC against and
hold SDC  harmless  from any and all  claims  that the IP  Rights  contained  in
Schedule A and B infringes a United  States patent or copyright of a third party
provided that SDC: (i) promptly notifies MSTR in writing of any such claim; (ii)
allows  MSTR to have sole  control of the  defense  and all  related  settlement
negotiations; and (iii) provides MSTR with the

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information,  authority and assistance  necessary to perform MSTR  obligations
under this Section.

     7.2 Excluded Claims.  Notwithstanding  Section 7.1 above, MSTR shall not be
liable  to SDC  for any  claim  arising  from or  based  upon  the  combination,
operation or use of the IP Rights  contained in Schedule A and B with equipment,
data or  programming  not  supplied  by MSTR  (including  the SDC  software  and
services)  or for  other  than an  intended  purpose  as set  forth  in the User
Documentation,   or  arising  from  any  alteration  or   modification   of  the
MicroStrategy  Platform product, if the claim would not have arisen without such
alteration or modification.

     7.3 Indemnification of MSTR. SDC shall defend and indemnify MSTR (including
paying all reasonable  attorneys' fees and costs of litigation) against and hold
MSTR  harmless from any and all claims by any other party  resulting  from SDC's
negligent  or tortious  acts,  omissions or  misrepresentations  relating to the
marketing, sublicensing,  distribution,  demonstration, evaluation or use of the
IP  Rights  contained  in  Schedule  A and B,  regardless  of the form of action
provided that MSTR: (i) promptly notifies SDC in writing of any such claim; (ii)
allows  SDC to have sole  control  of the  defense  and all  related  settlement
negotiations;  and  (iii)  provides  SDC with  the  information,  authority  and
assistance necessary to perform SDC's obligations under this Section.

      8.    LEGAL PROCEEDINGS.

     8.1 Notice.  Each of Licensee and Licensor shall promptly  notify the other
of any  claim,  demand  or suit  based  upon or  arising  from the  manufacture,
distribution, use or sale of the products and/or services utilizing the Licensed
Technology and/or Licensed  Inventions or any colorable imitation thereof, or of
any attempt by any other person, firm or corporation to manufacture, distribute,
use or sell the products  and/or  services  utilizing  the  Licensed  Technology
and/or  Licensed  Inventions or any colorable  imitation  thereof.  Should legal
action  against  a third  party be  deemed  necessary  by  either  party for the
protection of their respective interests under this Agreement,  the parties each
agree to cooperate by rendering the other party all possible  mutual support and
assistance.

      9.    LICENSE INVALIDITY.

     9.1  Invalidity.  Should  any  part of this  Agreement  for any  reason  be
declared  invalid,  such  declaration  shall  not  affect  the  validity  of any
remaining  portions,  which  remaining  portions  shall remain in full force and
effect as if this Agreement had been executed with the invalid part eliminated.

      10.   MISCELLANEOUS.

     10.1 Notices. All notices,  approvals,  and other communications  hereunder
shall be in  writing  and shall be hand  delivered  or sent by  telegram,  telex
(followed  by  overnight  delivery),  or overnight  courier  services  (next day
delivery) or by registered or certified  mail,  return  receipt  requested,  and
shall be directed to the parties as follows:

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      If to Licensor:   MicroStrategy Incorporated
                        8000 Towers Crescent Drive
                        Vienna, VA 22182
                        Attn:  General Counsel

      If to Licensee:   Strategy.com Incorporated
                        8000 Towers Crescent Drive
                        Vienna, VA 22182
                        Attn:  President

or at such other  address as may be  furnished  in writing by either party for
such purpose.

     10.2 Entire Agreement. This Agreement embodies the entire understanding and
agreement of the parties with respect to the subject  matter  hereof and may not
be altered, amended or otherwise modified except by an instrument in writing and
signed on behalf of each of the  parties  by their  respective  duly  authorized
officers.   The   parties   further   acknowledge   that   there  have  been  no
representations,  covenants,  or understandings  except those that are expressly
set forth in this Agreement.

     10.3 Binding Effect.  This Agreement shall be binding on and shall inure to
the benefit of the parties hereto and their  respective  successors and assigns;
provided,  however,  that this  Agreement  shall not be  assignable  by Licensee
without the prior written consent of Licensor,  not to be unreasonably  withheld
or delayed.

     10.4  Governing Law. This  Agreement  shall be governed and  interpreted in
accordance  with the laws of the  Commonwealth  of  Virginia,  United  States of
America and for all purposes  shall be interpreted in its entirety in accordance
with the laws of said  Commonwealth.  In the event this  Agreement is translated
into any language other than the English  language for any purpose,  the parties
agree that the English version shall be the governing version.

     10.5  Survival.  Sections  1.1(f) and 5.2 shall survive the  termination of
this Agreement.

     10.6  Headings.  The  headings in this  Agreement  are for  convenience  of
reference only and shall not have any substantive effect.

     10.7  Waiver.  The  waiver  by  either  party of the  breach of any term or
condition  of this  Agreement  by the other shall not  constitute  a waiver of a
subsequent  breach  thereof  or  nullify  the  effectiveness  of  that  term  or
condition.

     10.8  Severability of Provisions.  Both parties  expressly agree that it is
not the intention of either party to violate statutory or common law and that if
any section, sentence,  paragraph, clause or combination of same is in violation
of any law, such sections, sentences,

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paragraphs,  clauses  or  combination  of  same shall  be  inoperative  and  the
remainder of this Agreement shall remain binding upon the parties.

      IN WITNESS WHEREOF,  the parties hereto have caused this Agreement to be
executed as of the day and year first written above.

LICENSOR
MICROSTRATEGY INCORPORATED

By:  Eric F. Brown

Its: CFO

Date: 10/17/2000

LICENSEE
STRATEGY.COM INCORPORATED

By:  Eric F. Brown

Its: CFO

Date: 10/17/2000

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<PAGE>U.S. Software License Agreement

      This U.S. Software License  Agreement  (the  "Agreement")  is made and
entered   into  by  and  between   MicroStrategy   Incorporated,   a  Delaware
corporation  having its  principal  place of business at 8000 Towers  Crescent
Drive, Vienna, VA 22182 ("MSTR"),  and Strategy.com  Incorporated,  a Delaware
corporation  having its  principal  place of  business  at 1861  International
drive, Vienna,  Virginia 22182 ("SDC"),  (each one individually a "Party" and,
collectively,  the  "Parties").  The effective date of this Agreement shall be
the date last signed below (the "Effective Date").

                                  WITNESSETH

     WHEREAS,  MicroStrategy Incorporated and certain of its subsidiaries desire
to realign their worldwide corporate structure in accordance with their separate
lines of business, the "Strategy.com Business" and the "MicroStrategy Business";
and

     WHEREAS,  the entities now enter into various  agreements  and make certain
mutual  promises as described in the "Agreement and Plan of  Reorganization"  by
and  among  MicroStrategy  Incorporated,  MicroStrategy  International  Limited,
MicroStrategy   International  II  Limited,   Strategy.com   Incorporated,   and
Strategy.com  International  Limited dated October 17,  2000 to effectuate  this
realignment and reorganization; and

     WHEREAS,   MSTR  has  developed   the  suite  of  software   known  as  the
MicroStrategy  platform (as further defined below) and other technology  related
to a  personalized  information  network.  SDC desires to acquire  rights in the
MicroStrategy platform; and

     WHEREAS,  SDC is  currently  using the  MicroStrategy  platform  in certain
existing projects which the Parties agree SDC should be permitted to continue.

     NOW,  THEREFORE,  in  consideration of the premises set forth above and the
covenants set forth below,  and other  valuable  consideration,  the receipt and
sufficiency of which are hereby acknowledged, the parties agree as follows:

                                  AGREEMENT

1.    Definitions

As used in this Agreement,  capitalized terms will have the meanings set forth
below.

     1.1 "Affiliate" means a company that provides Services to its customers via
an affiliation with SDC and that has signed an affiliation agreement with SDC.

     1.2  "MicroStrategy  Platform" means all existing and future  MicroStrategy
products that are made generally available  including,  without limitation,  the
MicroStrategy  E-Business platforms known as MicroStrategy 6.0 and MicroStrategy
7.0  (or any  derivative  works  thereof),  MicroStrategy  Intelligence  Server,
MicroStrategy  Web  Server,   MicroStrategy   Broadcast  Server,   MicroStrategy
Architect, MicroStrategy Administrator, MicroStrategy Agent, MicroStrategy
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Web,   MicroStrategy    InfoCenter,  MicroStrategy   Transactor,   MicroStrategy
Broadcaster,  MicroStrategy  Telecaster,  the MicroStrategy Software Development
Kit (SDK) and the  MicroStrategy  eCRM 6  application.  The MSTR Products  shall
include,  at no charge to SDC, all upgrades and bug fixes as are made  generally
available through MicroStrategy technical support.

     1.3  "Intellectual  Property  (IP) Rights"  means all patents,  copyrights,
trade names,  trademarks,  trade  secrets,  or any other  intellectual  property
rights, whether registered or unregistered essential to undertake the activities
licensed hereunder.

     1.4 "Services" means syndicated information services covering a broad range
of content distributed to end users through a network of affiliates,  as well as
offering  targeted  advertising  and  e-commerce  offers to consumers  through a
network of affiliates or through a specific  affiliate and offering reporting on
subscriber  information.  Services  may also mean the  provision  of  customized
services to a specific affiliate using any combination of syndicated data and/or
data  provided by the  affilate and the  information  is sent by SDC directly to
consumers on behalf of the affiliate.  Services specifically exclude the ability
of SDC to host applications  (e.g., eCRM applications and business  intelligence
applications)  that analyze customer data that is unrelated to Subscription Data
and that would essentially compete with MicroStrategy's  products and offerings.
Subscription  Data is any information  about a subscriber that is collected as a
part of delivering the Services.

     1.5 "Software"  means those certain  software modules that make up the MSTR
Platform, and any related technical documentation.

     1.6  "Subsidiary"  means a  corporation  or  other  legal  entity:  (i) the
majority of whose  shares or other  securities  entitled to vote for election of
directors (or other managing  authority) is now or hereafter  controlled by such
company either directly or indirectly;  or (ii) which does not have  outstanding
publicly  traded  shares  or  securities  but the  majority  of whose  ownership
interest representing the right to manage such corporation or other legal entity
is now or hereafter  owned and  controlled  by such company  either  directly or
indirectly;  but any such  corporation or the other legal entity shall be deemed
to be a Subsidiary of such company only as long as such control or ownership and
control exists.

      1.7   "Territory" shall mean the United States.

2.    License Grants

     2.1  Object  Code  License.  Subject  to the terms and  conditions  of this
Agreement,   MSTR  hereby  grants  to  SDC  a   nonexclusive,   nontransferable,
royalty-free license, without right of sublicense except as set forth in Section
2.3  below,   to  make,   use,   and  provide   access  to  the   Software   (in
machine-executable  object  code form  only) only for use  within  SDC's  normal
business  operations to support and operate the Services and for SDC's  internal
business intelligence needs.

     2.2  Source  Code  License.  MSTR  hereby  grants  to  SDC a  nonexclusive,
nontransferable,   perpetual,   and  royalty-free  license,   without  right  of
sublicense,  to use the  Software in source  code form to develop  and  maintain
derivative  works of the  Software  only for use within  SDC's  normal  business
operations  to support and operate the Services in the  Territory.  MSTR further
grants to SDC a nonexclusive, nontransferable, perpetual, worldwide

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and  royalty-free  license,  without  right of  sublicense  to use and provide
access to the  derivative  works of the  Software  to support  and operate the
Services  in the  Territory.  Nothing  in this  Agreement  shall  give SDC any
right to make the  source  code of the MSTR  platform  available  to any third
party.

     2.3  License  Restrictions.  SDC shall  not  authorize  others  to  reverse
compile,  reverse  engineer or otherwise  disassemble the Software or derivative
works of the  Software.  SDC  agrees  to take no  actions  inconsistent  with or
exceeding  the scope of the  license  grant set forth in  Sections  2.1 and 2.2.
Specifically,  SDC shall not permit any third party access to the Source Code of
the Software.  Except for the rights  expressly  granted in this Agreement,  all
rights to the Software and any Intellectual Property Rights therein are reserved
by MSTR.  When SDC makes the Software  available to a third party as part of the
Services,  SDC must do so solely through a written sublicense agreement,  either
in a written form or a "click-wrap" form ("End User License  Agreement"),  which
shall be in the form provided by  MicroStrategy  or in a form prepared by SDC so
long as such End User  License  Agreement  includes,  at a minimum,  contractual
provisions at least as restrictive as the following, which:

            (a)   Disclaim  MicroStrategy's  liability  for  damages,  whether
direct or indirect,  incidental or consequential,  arising from the use of the
Software.
            (b)   Require end users to use a  commercially  reasonable  degree
of care to protect the Confidential  Information of MicroStrategy and prohibit
End  Users  from,   directly  or  indirectly,   (1)  using  any   Confidential
Information of MicroStrategy  to create any computer  software program or user
documentation which is substantially  similar to any Software, or (2) using or
disclosing Confidential Information of MicroStrategy.
            (c)   The   End   User   License   Agreement   shall   not   cause
MicroStrategy  to be liable for any taxes or  duties,  however  designated  or
levied (including but not limited to sales, use and personal property).
            (d)   Notwithstanding  any provisions to the contrary contained in
this  Agreement  and for the  avoidance of doubt,  SDC shall have the right to
use and/or  sublicense  the  Software  solely for the purpose of  licensing or
offering the Services as defined in the U.S. Software  Licensing  agreement to
a third party that relicenses the Services for example an OEM relationship.

MicroStrategy  reserves  the right to amend the minimum  required  contractual
provisions  set forth in this Section upon ninety (90) days'  advance  written
notice,  provided such amended provisions shall apply only to End User License
Agreements  executed  by SDC  subsequent  to  the  expiration  of  the  ninety
(90)-day notice period.

     2.4 Assignment and Transfer.  SDC may not assign this Agreement or transfer
Software to an Affiliate without prior written consent of MicroStrategy.

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      2.5   Audit.

            (a)   Certification.   At  MicroStrategy's  written  request,  not
more  frequently  than once per year, SDC shall furnish  MicroStrategy  with a
signed  certification  verifying  that the Software is being used  pursuant to
the provisions of this Agreement.

            (b)   Audit.  MicroStrategy  may, at its expense,  audit SDC's use
of the Products.  Any such audit shall be conducted  during  regular  business
hours at SDC's  facilities  and shall not  unreasonably  interfere  with SDC's
business activities.

3.    Ownership.

     3.1 Ownership. As between SDC and MSTR, SDC acknowledges that MSTR owns all
right,  title  and  interest  in the  MSTR  Platform,  and to the  Software  and
derivative works created pursuant to Section 2.2.

     3.2 Proprietary Rights Notices.  SDC shall not alter, obscure or remove any
copyright  notices or any other proprietary  rights notices  incorporated in the
Software delivered to SDC.

4.    Confidentiality

      The parties  agree to treat all  confidential  information  exchanged by
the parties as  confidential  as set forth in the U.S.  Mutual  Non-Disclosure
Agreement in effect between the parties and  incorporated in this Agreement by
reference.

5.    Warranty

     5.1.  Limited  Exclusivity.  MSTR warrants that for a period of three years
from the execution of this  Agreement it will not both grant a software  license
and  provide  MSTR  consulting   services  pursuant  to  which  MSTR  builds  an
application  for a customer that would allow the non-MSTR  controlled  entity to
compete  directly  with  Strategy.com  as a provider of  syndicated  information
services to a network of affiliates.  MSTR further warrants that for a period of
three  years  from  the  execution  of this  Agreement,  it will  not  create  a
syndicated  information service for distribution through a network of affiliates
that competes directly with the Services.

     5.2.  Rights  Ownership.  MSTR warrants that it owns, free and clear of all
liens or  encumbrances,  or has valid  licenses in the  Software and that it has
full legal right to grant to SDC the licenses contained herein.

     5.3.  Disclaimer of Warranties.  MSTR offers no warranties other than those
specifically set in this Section and to the extent permitted by law specifically
disclaim  all others,  including  merchantability  and fitness for a  particular
purpose.

     5.4. No  Additional  Warranties.  SDC shall make no warranties on behalf of
MSTR and agrees to  indemnify  and hold MSTR  harmless  from any claims based on
warranties given in violation of this Agreement.

                                       4
<PAGE>

6.  Indemnification

      6.1   Indemnification  of SDC.  MSTR  shall  defend and  indemnify  SDC,
against and hold SDC harmless  from any and all claims that the  MicroStrategy
Platform  infringes  a United  States  patent or  copyright  of a third  party
provided  that SDC: (i) promptly  notifies  MSTR in writing of any such claim;
(ii)  allows  MSTR  to have  sole  control  of the  defense  and  all  related
settlement  negotiations;  and  (iii)  provides  MSTR  with  the  information,
authority and assistance  necessary to perform MSTR's  obligations  under this
Section.  In the event  the  MicroStrategy  Platform  is held or  believed  to
infringe,  MSTR may,  at its sole  option:  (i)  obtain  for SDC a license  to
continue using the MicroStrategy  Platform product, (ii) replace or modify the
MicroStrategy   Platform  product  so  that  it  becomes  noninfringing  while
retaining  substantially  similar  functionality;  or (iii) if neither (i) nor
(ii) can be  reasonably  effected  by MSTR,  credit to SDC the prices paid for
the MicroStrategy  Platform product during the twelve (12) months prior to the
credit,  provided  that such  MicroStrategy  Platform  product are returned to
MSTR  in an  undamaged  condition  and  all  licenses  to  such  MicroStrategy
Platform product are terminated.

      6.2   Excluded  Claims.  Notwithstanding  Section 6.1 above,  MSTR shall
not  be  liable  to  SDC  for  any  claim  arising  from  or  based  upon  the
combination,  operation  or use of any  MicroStrategy  Platform  product  with
equipment,  data  or  programming  not  supplied  by MSTR  (including  the SDC
software and  services) or for other than an intended  purpose as set forth in
the User Documentation,  or arising from any alteration or modification of the
MicroStrategy  Platform  product,  if the claim would not have arisen  without
such alteration or modification.

      6.3   Indemnification  of MSTR.  SDC shall  defend  and  indemnify  MSTR
(including  paying all  reasonable  attorneys'  fees and costs of  litigation)
against  and hold MSTR  harmless  from any and all  claims by any other  party
resulting   from   SDC's   negligent   or   tortious   acts,    omissions   or
misrepresentations  relating  to the  marketing,  sublicensing,  distribution,
demonstration,  evaluation  or  use of the  MicroStrategy  Platform  products,
regardless  of the form of action  provided that MSTR:  (i) promptly  notifies
SDC in writing of any such claim;  (ii) allows SDC to have sole control of the
defense and all related settlement  negotiations;  and (iii) provides SDC with
the  information,   authority  and  assistance   necessary  to  perform  SDC's
obligations under this Section.

7.    Limitation of Liability

      EXCEPT FOR BREACHES OF SECTIONS 2 AND 4 HEREOF,  IN NO EVENT WILL EITHER
PARTY BE  LIABLE TO THE OTHER FOR ANY  CONSEQUENTIAL,  INCIDENTAL  OR  SPECIAL
DAMAGES,  INCLUDING WITHOUT LIMITATION ANY LOST PROFITS, LOST SAVINGS, LOSS OF
COMPUTER  TIME,  DESTRUCTION  OR DAMAGE OF RECORDS,  WHETHER  SUCH CLAIM IS IN
CONTRACT OR IN TORT,  EVEN IF SUCH PARTY HAS BEEN  ADVISED OF THE  POSSIBILITY
OF SUCH DAMAGES.

The provisions of this Agreement allocate the risks between  MicroStrategy and
SDC.  MicroStrategy's  pricing  reflects  this  allocation  of  risk  and  the
limitation of liability specified in this Agreement.

                                       5
<PAGE>

8.    Termination

     8.1  Termination.  The  Agreement  will  terminate  at  the  option  of the
non-breaching  Party upon  thirty  (30) days  written  notice if the other Party
breaches or defaults on any material  obligation  under this Agreement and fails
to cure such breach or default during such 30-day period.

     8.2 Obligation Upon Termination.  Upon termination of this Agreement,  each
Party shall  promptly  return to the other all  Confidential  Information of the
other Party then in its possession.

     8.3 Survival. Sections 4, 5, 6, 8.3, and 9 shall survive any termination,
expiration or cancellation of this Agreement.

9.    Dispute Resolution

      9.1   General Provisions.

            (a)   If a dispute arises out of or relates to this Agreement,  or
the breach,  termination or validity thereof,  the parties agree to submit the
dispute to a sole  mediator  selected  by the  parties  or, at any time at the
option  of a party,  to  mediation  by the  American  Arbitration  Association
("AAA").  If not  thus  resolved,  it shall  be  referred  to a panel of three
arbitrators  selected by the parties within thirty (30) days of the mediation,
or in the  absence  of such  selection,  to AAA  arbitration  which  shall  be
governed by the United  States  Arbitration  Act. The ruling of any such panel
shall be binding.

            (b)   Any award made (i) shall be an award  affording  such remedy
as is deemed  equitable,  just and  within the scope of this  Agreement;  (ii)
shall be with  findings  as to issues  (including  but not  limited  to patent
validity  and/or  infringement)  or a statement of the  reasoning on which the
award  rests;  (iii)  may  in  appropriate  circumstances  include  injunctive
relief;  (iv) shall be made within four (4) months of the  appointment  of the
arbitrator; and (v) may be entered in any court.

            (c)   The requirement  for mediation and arbitration  shall not be
deemed a waiver of any  right of  termination  under  this  Agreement  and the
arbitrator  is now  empowered to act or make any award other than based solely
on the rights and obligations of the parties prior to any such termination.

            (d)   The arbitrator shall determine  issues of arbitrability  but
may not limit, expand or otherwise modify the terms of this Agreement.

            (e)   This Agreement  shall be interpreted in accordance  with the
laws  of the  Commonwealth  of  Virginia  exclusive  of its  conflict  of laws
provisions and the place of mediation and arbitration shall be Fairfax County.

            (f)   Each party shall bear its own expenses but those  related to
the  compensation  and expenses of the mediator and arbitrator  shall be borne
equally.

                                       6
<PAGE>

     9.2 Relationship Between Parties. Nothing contained in this Agreement shall
be construed as creating a joint  venture,  partnership,  agency,  or employment
relationship  between the Parties, and neither Party will have the right to bind
the other or incur any  obligation  on the  other's  behalf  without the other's
prior written consent.

      9.3   Waiver.  The  failure  of  either  Party  to  exercise  any  right
granted herein or to require any  performance of any term of this Agreement or
the waiver by either Party of any breach of this Agreement,  shall not prevent
a subsequent  exercise or enforcement of the term or be deemed a waiver of any
subsequent breach of the same or any other term of this Agreement.

     9.4 Headings. The section headings appearing in this Agreement are inserted
only as a  matter  of  convenience  and in no way  define,  limit,  construe  or
describe  the scope or intent of any such  section  nor in any way  affect  this
Agreement.

     9.5 Assignment.  Neither party may assign this Agreement  without the prior
written  consent  of the  other  party.  Notwithstanding  the  foregoing  to the
contrary,  either party may assign any of its rights or obligations hereunder to
any one or more of its  Subsidiaries.  Each  party  acknowledges  that it  shall
continue to be  obligated if and to the extent that a permitted  assignee  under
this paragraph  fails to perform the  obligations  that such party has assigned.
Any attempted assignment in violation of this paragraph without consent shall be
null and void

     9.6 Export Control.  The Parties  acknowledge  that the distribution of the
Software,  any derivative works thereof, and any technical data related thereto,
is subject to the export control laws of the United States of America, including
the U.S.  Bureau of Export  Administration  regulations,  as  amended,  and each
hereby  agrees to obey any and all such laws.  The Parties agree not to take any
actions  that would  cause  either  Party to violate  the U.S.  Foreign  Corrupt
Practices Act of 1977, as amended.

      9.7   U.S. Government  Restricted Rights.  Products acquired with United
States Federal  Government  funds or intended for use within or for any United
States  federal  agency are provided  with  "LIMITED  RIGHTS" and  "RESTRICTED
RIGHTS" as defined in DFARS 252.227-7013 and/or FAR 52.227-19.

     9.8 Entire  Agreement.  This  Agreement  and the exhibits  attached  hereto
constitute  the  complete,  final and  exclusive  understanding  of the  Parties
regarding the subject matter hereof and cancels and supersedes any and all prior
negotiations,  correspondence,  understandings  and agreements,  whether oral or
written, between the Parties respecting the subject matter thereof.

      In Witness  whereof,  the parties hereto have executed this Agreement as
of the Effective Date.

MicroStrategy Incorporated                Strategy.com Incorporated
Signed: /s/Eric F. Brown                  Signed: /s/Eric F. Brown
Name:   Eric F. Brown                     Name:   Eric F. Brown
Title:  CFO                               Title:  CFO
Dated:  10/17/2000                        Dated:  10/17/2000

                                       7
<PAGE>

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