Autobytel Clause Samples

Autobytel. Autobytel shall use commercially reasonable efforts to cause to be delivered to Autoweb a Procedures Letter of Autobytel's independent auditors, dated a date within two business days before the date on which the Registration Statement shall become effective and addressed to Autobytel and Autoweb, in form reasonably satisfactory to Autoweb and customary in scope and substance for letters delivered by independent public accountants in connection with registration statements similar to the Registration Statement.

Autobytel. Europe Holdings B.V. established and with registered offices in Almere, the Netherlands at Alnovum -- Witt▇ ▇▇▇▇▇, ▇.J. ▇▇▇w▇▇ ▇-▇▇, ▇▇▇▇ ▇▇, ▇▇cording to the Articles of Association, duly represented by Mr. J. Knottenbelt in his capacity as Interim Chief Executive Officer, hereinafter referred to as "the employer" and

Autobytel. COM INC. EMPLOYEE CONFIDENTIALI▇▇ ▇▇▇▇▇▇▇▇▇

Autobytel. Europe currently has a licensing agreement for The Netherlands, Belgium and Luxembourg and intends to establish licensing agreements in Germany, France, Spain, Portugal and Italy as well as certain other countries in Western and Eastern Europe. We have also established joint ventures in Japan and Australia with several strategic partners. We are currently exploring additional opportunities in Asia and Latin America. PRODUCTS, PROGRAMS AND SERVICES New Vehicle Purchasing Service. Our new vehicle purchasing service enables consumers to shop for and select a new vehicle through our Web sites by providing research on new vehicles such as pricing, features, specifications and colors. When consumers indicate they are ready to buy, a consumer can complete a purchase request online, which specifies the type of vehicle and accessories the consumer desires, along with the consumer's contact information. The purchase request is then routed by us to the nearest participating dealer that sells the type of vehicle requested, and we promptly return an e-mail message to the consumer with the dealership's name and phone number and the name of the dedicated manager at the dealership. Dealers agree in their contracts to contact the consumer within 24 hours of receiving the purchase request with a firm, haggle-free price quote for the requested vehicle. When consumers complete their purchase, they usually take delivery of their vehicle at the dealership showroom. Generally, within ten days of the submission of a consumer's purchase request, we contact the consumer again by e-mail to conduct a quality assurance survey that allows us to evaluate the sales process at participating dealers and improve the quality of dealer service. Our network has grown to over 4,900 dealers as of February 29, 2000, of which over 3,400 are ▇▇▇▇▇▇▇▇▇.▇▇▇ dealers and nearly 1,500 are ▇▇▇▇▇▇▇▇.▇▇▇ dealers. Approximately 400 dealers subscribe to both the ▇▇▇▇▇▇▇▇▇.▇▇▇ and ▇▇▇▇▇▇▇▇.▇▇▇ services. These dealers represent every major domestic and imported make of vehicle and light truck sold in the United States and Canada. Dealerships are charged initial subscription fees and on-going fees, principally on a monthly basis. New Vehicle Direct Service. We launched our direct-to-consumer new vehicle buying service in January 2000. AutobytelDIRECT is a direct-to-consumer new vehicle buying service offering a real-time online inventory of thousands of vehicles, instant up-front pricing, multiple trade-in opti...

Autobytel. Europe also intends to offer joint services to such companies to localize the ▇▇▇▇▇▇▇▇▇.▇▇▇ offerings while building its brand name among consumers in individual countries as well as on a Pan-European and regional basis. The strategic partners in Autobytel.Europe are GE Capital, Inchcape plc, the United Kingdom's largest independent importer and distributor of motor vehicles, Pon Holdings B.V., a major distributor of vehicles in the Netherlands, and e-LaSer, a leader in customer services and e-commerce in Europe and a subsidiary of Galeries Lafayette Group. As of February 29, 2000, total funding for Autobytel.Europe was $36.7 million. As of such date, we owned 78% of Autobytel.Europe and the total equity value of Autobytel.Europe, based on the funding price, was $146.7 million.

Autobytel. Europe entered into a license agreement for The Netherlands, Belgium and Luxembourg and intends to establish licensing agreements in Germany, France, Spain, Portugal and Italy as well as other countries in Western and Eastern Europe.