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Technology Stocks : Aahh...iNEXTV (AXC) The NEXT Thing!

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To: HPilot who started this subject	7/18/2001 7:10:14 PM
From: Thomas Kirwin	Read Replies (1) of 4169

OT - ONT & RNWK ON2 TECHNOLOGIES INC (ONT) Form 8-K July 18, 2001 ITEM 5. OTHER EVENTS On July 18, 2001, On2 Technologies, Inc. ("On2") and RealNetworks, Inc. ("Real") entered into a Common Stock Purchase Agreement ("Purchase Agreement") whereby Real agreed to purchase 1,785,714 shares ("Real Shares") of On2's common stock at a price of $0.56 per share ("Purchase Price"). Real is entitled to an adjustment to its purchase price ("Price Adjustment") if On2 sells shares of its common stock below the Purchase Price ("Adjusted Purchase Price") for a sixty day period commencing on July 18, 2001. The Price Adjustment would increase the Real Shares to the number of shares that Real would have received at the Adjusted Purchase Price. Additionally, on July 18, 2001, On2 and Real entered into a Development and Services License Agreement that provides for, among other things, Real's licensing of On2's proprietary VP4 compression technology for use in Real's proprietary media delivery products and services. On2 is entitled to royalties relating to the sale of certain Real products and services that include On2's VP4 compression technology. The term on the agreement is four years.

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