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istreamtv.com
Attention: Chip Ruhnke, President
135 W 20th St., Suite 401
New York, NY 10011
July 26, 2000
RE: Worldwide Broadcast Network (wwbc.net) / istreamtv.com
Co-Operative Marketing Partnership
By way of background information we confirm that istreamtv.com is a privately
held company based in New York, New York, and provides encoding services and
develops streaming media content delivery technologies for content providers,
Internet Service Providers (ISPs), Web hosts, Internet broadcasters, corporate
enterprises, and other content developers and distributors.
The Worldwide Broadcast Network is a publicly held company with offices in
Vacouver, Canada and Seattle, Washington and operates a streaming-media content
portal on the Internet. The portal website (http://wwbc.net) contains over 3,000
Regional Content Providers and offers a gateway to a network of branded content
subsidiaries.
Under the terms of the Co-operative Marketing Partnership, wwbc.net and
istreamtv.com will collectively undertake the following:
1. Report the partnership and/or the reciprocal partners products and services
in the Parties respective corporate collateral and news letters if applicable;
2. Endeavor to inform and refer content providers of the value-added services
offered by the Parties in the following manner. wwbc.net will refer interested
content providers to istreamtv.com for the purposes of introducing and
potentially selling broadcasting services and products. istreamtv.com will
inform content providers of the wwbc.net Affiliate Program and will refer
interested content providers to the wwbc.net portal website for online
registration at http://affiliate.wwbc.net .
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3. Reciprocally feature the partner in the respective partner's corporate
website.
We confirm our recent discussions that persons and procedures required to
execute this agreement have either been established or will been established in
a timely manner. We also confirm that this document constitutes a framework
under which the Parties will begin a partnership relationship and may be subject
to change in the future.
Other Matters
In consideration of this Partnership, as outlined herein, we each agree with the
other that we will not disclose any information to any third parties about our
respective businesses which may be confidential except as may be required to any
of our respective directors, officers, employees or agents as is absolutely
necessary in connection with carrying out our respective obligations as detailed
in this letter agreement. In addition, neither or us will directly or
indirectly use to our own advantage any confidential information of the other
party.
While we may decide in the future to negotiate and enter into a more
comprehensive agreement or agreements regarding the matters we have discussed
herein or future matters, each of us understands and agrees that this Agreement
is intended by each of us to create mutual obligations and that we will
forthwith proceed to initiate and work toward implementing the matters as we
have detailed in this letter agreement; but that these obligations are limited
in scope and the successful completion of the obligations is not implied.
We look forward to working with you and building a mutually beneficial
relationship.
Yours truly,
wwbroadcast.net inc. iStreamTV Inc.
/s/ Kirk Exner /s/ Chip Ruhnke
9/11/00
Kirk Exner, President Chip Ruhnke, President
