Dow Jones Subscription Agreement

Dow Jones Financial News Services

2 YEAR PLAN SUBSCRIPTION AGREEMENT


THIS AGREEMENT, between the undersigned firm or corporation ("Subscriber") and DOW JONES & COMPANY, INC. ("Dow Jones"), sets forth the terms under which Subscriber may receive the Dow Jones News Service(R) (the "DJ Service") within the United States.


1. Service Format. Subscriber hereby subscribes to the DJ Service in the following combined format: (A) interactive, retrievable format, which permits the user to search (by stock symbol or company/industry code) a database consisting of the most recent 90 days (or when made available by both Dow Jones for the Service in question and by Subscriber's third-party vendor, if any, 180 days) of stories appearing in the DJ Service; and (B) continuous, online printing of all headlines appearing in the DJ Service, Any Subscriber terminal, printer, or other device that receives the DJ Service is referred to herein as a "DJ Terininal".


2. Monthly Charges. Subscriber shall pay to Dow Jones in advance for the DJ Service the applicable monthly fees (the "Subscription Fees") corresponding to Subscriber's minimum commitment level, as set forth in Schedule A, plus applicable sales or similar taxes.


(i) Commitment Levels. Subscriber's initial commitment level shall be 50 terminals. On or before April 1, 1997 Subscriber may elect to increase its commitment level with a corresponding change in the Subscription Fees, which shall then remain in effect for the duration of the Term.


(ii) Minimum Monthly Charge. In any event, Subscriber shall pay Dow Jones the "Minimum Monthly Charge" corresponding to Subscriber's commitment level, which is calculated by multiplying the applicable Base Terminal Number by the applicable Volume-based Terminal Charges, as set forth on Schedule A; provided, however, that over the term hereof, Subscriber for any reason may cancel (and thereby reduce such Base Terminal Number with a corresponding reduction in such Minimum Monthly Charge) DJ Terminals such that the number of DJ Terminals receiving the DJ Service at all times during the Term is greater than or equal to the applicable Reduced Base Terminal Number, as set forth on Schedule A. In the event Subscriber cancels sufficient DJ Terminals so that the number of DJ Terminals is less than such Reduced Base Terminal Number, Subscriber shall pay Dow Jones a Minimum Monthly Charge equal to such Base Terminal Charge as applied to such Reduced Base Terminal Number.


3. Third-Party Vendor. Subscriber acknowledges that the DJ Service may be delivered to Subscriber by, and made available on equipment supplied by, a third-party vendor, and Subscriber agrees to pay to such vendor all applicable delivery or other fees charged by such vendor. If Dow Jones delivers any DJ Service directly to Subscriber, additional delivery fees may apply.


4. Dow Jones Equipment Charges. Subscriber may lease from Dow Jones any DJ Terminal, related equipment and communications lines (collectively, "Equipment") then available from Dow Jones at rates then in effect. Subscriber shall be responsible for any loss or damage to the Equipment while in its care and custody other t ...