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Strategic Alliance Memorandum of Understanding

Category: 270 Legal Recent Posts, Alliance, E-Commerce, Internet, Sports


STRATEGIC ALLIANCE
MEMORANDUM OF UNDERSTANDING
BETWEEN COLLECTIBLE CONCEPTS GROUP, INC. AND WI-FI TV INC.

This Agreement is made on the 19th day of May, 2006 by and between Collectible Concepts Group, Inc. (“CCGI”) having its principal offices at 1600 Lower State Road, Doylestown, PA 18901 and WI-FI TV, Inc. (WIFI) with principal offices at 3408 Via Oporto, Suite 202, Newport Beach, CA 92663, (collectively the “Parties”).

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1.0 RESPONSIBILITIES OF WIFI:

1.1 WIFI shall create a Collectible category page for CCGI Products and Content and will include portions of the Products and Content on the WIFI Sports and other WIFI Category pages on the Platform.

1.2 WIFI shall create a Collectible Concepts channel which will feature, initially, a single program which will be changed on a regular basis. Later this may become a channel with an entire 24/7 schedule of shows.

1.3 WIFI shall place banner ads, at its discretion, throughout its web site promoting the sale of the CCGI Products and Content.

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2.0 RESPONSIBILITIES OF CCGI

2.1 CCGI shall make available all of its collectibles which it sells over the Internet for inclusion in the CCGI themed portion of the WIFI Shopping Cart. These consist of such items as officially licensed products for the NFL, NHL, NBA, Shaq, L.A. Lakers, Denver Nuggets, Miami Heat, Boston Celtics, Atlanta Hawks, Chicago Bulls, U.S. Army, U.S. Navy, U.S. Marine Corps, U.S. Coast Guard U.S. Air Force, and others as well as Bandsigns and other custom products.

2.2 CCGI will make available special sales packages (“WIFI Packages”) consisting of selected collectible items. The WIFI Packages will be made available for exclusive sale by WIFI on the Platform The WIFI Packages shall not be available for sale on any other source or web site on the Internet.
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