YAHOO! JAPAN LICENSE AGREEMENT
This YAHOO! JAPAN LICENSE AGREEMENT (the "AGREEMENT") is entered into as of this first day of
April, 1996 (the "EFFECTIVE DATE") by and between:
YAHOO! INC., a California corporation ("YAHOO") with its principal offices at 625 Vaqueros Avenue,
Sunnyvale, California 94086; and
YAHOO JAPAN CORPORATION, ("YJC"), with its principal offices at 3-42-3, Nihonbashi-Hamcho, Chuo-
ku, Tokyo 103 Japan; with reference to the following:
RECITALS
The following provisions form the basis for, and are hereby made a part of, this Agreement:
A. Yahoo owns, operates and distributes a leading index and directory of Internet resources, including a
hierarchical index, information indexing and retrieval software and certain other elements of content and software;
B. YJC has been organized with 60% owned by SOFTBANK Corporation, a Japanese corporation, and 40%
owned by Yahoo, pursuant to a joint venture agreement entered into concurrently herewith (the "JOINT
VENTURE AGREEMENT"), in order to manage in Japan a mirror site of the Yahoo Internet Guide, to develop
related Japanese on-line navigational services, and to conduct certain other businesses relating to such activities;
and
C. Upon the terms and conditions set forth below, YJC and Yahoo will offer a version of certain Yahoo software
and services through YJC in Japan.
AGREEMENT
NOW, THEREFORE, in consideration of the mutual covenants and conditions set forth herein and other good
and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto do
hereby agree as follows:
ARTICLE I: DEFINITIONS; RULES OF CONSTRUCTION
1.1 DEFINITIONS. For purposes of this Agreement, in addition to the capitalized terms defined elsewhere in
this Agreement, the following terms shall have the meanings ascribed to them below:
1.1.1 "ADVERTISING REVENUE" shall mean the sum of the aggregate amounts collected plus the fair market
value of any other compensation (such as barter advertising) received