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EXHIBIT 10.17
July 30, 1999
Mr. Stephen D. Sellers
Mr. John V. Hanke
The Big Network, Inc.
2680 Bancroft Way
Berkeley, CA 94704
Re: Agreement and Plan of Reorganization by and among eUniverse, Inc. (the
"Company"), The Big Network, Inc. ("BNI") and certain shareholders of
BNI (the "Agreement")
Dear Messrs. Sellers and Hanke:
In connection with and in consideration of the above-referenced transaction,
this letter confirms our agreement that, commencing on the Closing Date of the
Agreement and until such time that neither Steve Sellers or John Hanke are
employed by the Company, Brad Greenspan shall vote his shares of capital stock
in the Company to elect either Steve Sellers or John Hanke (as mutually agreed
by Sellers and Hanke) to serve as a member of the Board of Directors of the
Company. Accordingly, to effectuate the foregoing, the parties hereby further
agree as follows:
1. Brad D. Greenspan and Charles Beilman shall vote all shares of capital
stock of the Company collectively owned by them for the election of the
person nominated by Messrs. Sellers and Hanke to the Board of
Directors;
2. Effective as of the first date that both Mr. Sellers and Mr. Hanke are
no longer employed by the Company, the person nominated to the Board of
Directors of the Company by Messrs. Sellers and Hanke will resign as a
member of the Board of Directors of the Company.
Kindly acknowledge receipt and agreement to the foregoing by signing in the
appropriate space below and returning an executed copy of this letter agreement
to the undersigned at the address stated above.
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Sincerely,
/s/ Brad D. Greenspan /s/ Charles Beilman
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Brad D. Greenspan Charles Beilman
ACCEPTED AND AGREED TO
this 30th day of July, 1999.
/s/ Stephen D. Sellers
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Stephen D. Sellers
/s/ John V. Hanke
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John V. Hanke
