to Member Provider an amount equal to 10% of the hosting fees paid by Buyers who purchase portals or host websites with MediaNet as a direct result of the activities of Member Provider, whether those activities are sold through the portal or independent of it. PAYMENT OF COMPENSATION (SUBJECT TO RECEIPT OF GOOD, VALID FUNDS) PORTAL SALES: MediaNet shall remit all sums due to Member Provider within 30 days of receipt of cleared funds. MONTHLY HOSTING FEES: In addition, MediaNet shall remit hosting fees to Member Provider in monthly installments on or before the 15th business day of each month. All sums received by MediaNet through the last business day of the preceding month shall be included in the calculation of the amount to be remitted. BSP REWARDS MEMBER PURCHASES VOLUME: Amounts due for purchases of products or services shall be calculated as of funds received by the last day of each month and remitted on or before the 15th day of the following month. RECORDS MediaNet shall maintain books and records and shall provide for online confirmation of sales and payments. MediaNet shall permit Member Provider or its designees reasonable access during normal business hours and, upon request, to verify funds and payments due pursuant to this Agreement. IN WITNESS WHEREOF, the parties have caused this Agreement to be executed effective as of the day and year last set forth below. Reseller Agreement Initials ______ _______ 7 RESELLER DISTRIBUTOR PRICING STRUCTURE & DETAILS GOLD PORTAL Includes the following available options: o Complete Basic Portal o Web-based Admin Panel to turn on and turn off individual applications and features o Branded Header o Branded Frames o Reseller Program o Email o MediaNet Group Technologies Photo Sharing o MediaNet Group Technologies Travel Agency Retail $495 License Wholesale $395 Monthly Hosting/Maintenance/Updates Retail