-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IOR7hZCMibf/iXsmaxX4/97xfPUTGq/ROK0RO7RtcoC/7BpmUoOjqi1I74gX944Y ZNhbvXxntqv3olsTwL6dzw== 0001193125-03-078658.txt : 20031112 0001193125-03-078658.hdr.sgml : 20031112 20031112170934 ACCESSION NUMBER: 0001193125-03-078658 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20031112 GROUP MEMBERS: NEIL MCMURRY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WEBB INTERACTIVE SERVICES INC CENTRAL INDEX KEY: 0001011901 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 841293864 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-50335 FILM NUMBER: 03994794 BUSINESS ADDRESS: STREET 1: 1899 WYNKOOP SUITE 600 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 3032969200 MAIL ADDRESS: STREET 1: 1899 WYNKOOP SUITE 600 CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: ONLINE SYSTEM SERVICES INC DATE OF NAME CHANGE: 19960410 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WEBB INTERACTIVE SERVICES INC CENTRAL INDEX KEY: 0001011901 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 841293864 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1899 WYNKOOP SUITE 600 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 3032969200 MAIL ADDRESS: STREET 1: 1899 WYNKOOP SUITE 600 CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: ONLINE SYSTEM SERVICES INC DATE OF NAME CHANGE: 19960410 SC 13D/A 1 dsc13da.htm SCHEDULE 13D/A SChedule 13D/A

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13D/A

(Rule 13d-101)

 

Under The Securities Exchange Act of 1934

(Amendment No. 2)*

 

Webb Interactive Services, Inc.


(Name of Issuer)

 

Common Stock, no par value


(Title of Class of Securities)

 

94748P 10 4


(CUSIP Number)

 

Rick Hauser

Gray, Plant, Mooty, Mooty & Bennett, P.A.

33 South Sixth Street, Suite 3400

Minneapolis, MN 55402

(612) 343-2800


(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

November 12, 2003


(Date of Event which Requires Filing of this Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  ¨

 

Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7(b) for other parties to whom copies are to be sent.

 

*   The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 



SCHEDULE 13D

CUSIP No. 94748P 10 4

 


  1.  

Name of Reporting Person, S.S. or I.R.S. Identification No. of above person

 

Jona, Inc. 83-0323119

   

  2.  

Check the Appropriate Box if a Member of a Group**

(a)  ¨

(b)  ¨

** Joint filing

   

  3.  

SEC Use Only

 

   

  4.  

Source of Funds

 

Not applicable - see Item 3.

   

  5.  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

 

  ¨

  6.  

Citizenship or Place of Organization

 

Wyoming

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7.    Sole Voting Power

 

        0**


  8.    Shared Voting Power

 

        9,250,000**


  9.    Sole Dispositive Power

 

        0**


10.    Shared Dispositive Power

 

        9,250,000**


11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

9,250,000

   

12.  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

 

¨

 


13.  

Percent of Class Represented by Amount in Row (11)

 

36.9%

   

14.  

Type of Reporting Person

 

CO

   

 

** See Item 5.

 

2


SCHEDULE 13D

CUSIP No. 94748P 10 4

 


  1.  

Name of Reporting Person, S.S. or I.R.S. Identification No. of above person

 

Neil A. McMurry

   

  2.  

Check the Appropriate Box if a Member of a Group**

(a)  ¨

(b)  ¨

** Joint filing

   

  3.  

SEC Use Only

 

   

  4.  

Source of Funds

 

Not applicable - see Item 3.

   

  5.  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

 

  ¨

  6.  

Citizenship or Place of Organization

 

Wyoming

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7.    Sole Voting Power

 

        15,000**


  8.    Shared Voting Power

 

        9,250,000**


  9.    Sole Dispositive Power

 

        15,000**


10.    Shared Dispositive Power

 

        9,250,000**                


11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

9,265,000**

   

12.  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

 

¨

 


13.  

Percent of Class Represented by Amount in Row (11)

 

37.0%

   

14.  

Type of Reporting Person

 

IN

   

 

** See Item 5.

 

3


Item 1. Security and Issuer.

 

The class of equity security to which this schedule relates is common stock, no par value, of Webb Interactive Services, Inc. (“Webb”). The name and address of the principal executive offices of the issuer of such securities are Webb Interactive Services, Inc., 1899 Wynkoop, Suite 600, Denver, CO 80202.

 

Item 2. Identity and Background.

 

(a), (b) and (c)

 

Jona, Inc. (“Jona”), 1701 East E. Street, Casper, Wyoming 82601, is a Wyoming corporation, principally engaged in the business of investing in technology companies and other lawful businesses. Neil A. McMurry, 1701 East E. Street, Casper, Wyoming 82601, is an individual, whose principal occupation is President, Treasurer and Secretary of Nerd Gas. The principal offices of Nerd Gas are located at 1701 East E. Street, Casper, Wyoming 82601. Information is provided below with respect to persons who are directors and executive officers of the reporting persons.

 

Neil A. McMurry, President, Treasurer, Secretary and Director, Jona, Inc., 1701 East E. Street, Casper, Wyoming 82601.

 

(d) and (e)

 

To the knowledge of the reporting persons, none of the reporting persons or any of the persons listed above in this Item 2 has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or was, during the last five years, a party to a civil proceeding as a result of which such person was or is subject to a judgment, decree or final order enjoining future violation of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

 

(f)

 

Jona, Inc. is a corporation organized under the laws of the State of Wyoming. Mr. McMurry is a citizen of the United States.

 

Item 3. Source and Amount of Funds or Other Consideration.

 

This schedule relates to an Exchange Agreement entered into as of October 21, 2003 (the “Exchange Agreement”) between Jona, Inc. and Webb. Pursuant to the terms of the Exchange Agreement, Jona, Inc. has agreed to exchange warrants representing the right to purchase an aggregate of 10,060,000 shares of Webb common stock, at a warrant exercise price of $1.00 per share (the “Warrants”), for 1,800,000 shares of Webb common stock (the “Shares”). The exchange was effected on November 12, 2003.

 

4


Item 4. Purpose of Transaction.

 

Jona, Inc. acquired the Shares solely for investment purposes. Based upon their evaluation of Webb’s business, prospects and financial condition, market conditions, other opportunities available to Jona, Inc. and other factors they deem material, the reporting persons may seek to acquire additional shares of common stock of Webb in the open market or in private transactions, or may dispose of all or any portion of the shares of common stock of Webb currently owned.

 

Except as set forth above or as provided for in the Exchange Agreement, the reporting persons presently do not have definitive plans or proposals that relate to or would result in transactions described in paragraphs (a) through (j) of Item 4 of Schedule 13D, but may, at any time and from time to time, review, reconsider and discuss with Webb or others the reporting persons’ positions with respect to Webb that could thereafter result in the adoption of such plans or proposals.

 

Item 5. Interest in Securities of the Issuer.

 

(a) Mr. McMurry, through Jona, Inc., is the beneficial owner of 9,250,00 shares of Webb common stock. Mr. McMurry, together with his spouse as joint tenants, is the owner of 15,000 shares of Webb common stock. The total of such amounts represents approximately 37% of the outstanding common stock of Webb. To the knowledge of the reporting persons, no other person named in Item 2 beneficially owns any Webb common stock.

 

(b) Mr. McMurry, through Jona, Inc., has the sole power to vote and the sole power to dispose of all shares of Webb common stock beneficially owned by him. Mr. McMurry has the sole power to vote and the sole power to dispose of all shares of Webb common stock beneficially owned by him and his spouse as joint tenants.

 

(c) The only transaction in the common stock of Webb that was effected by any person named in Section 5(a) above during the past sixty days, are the following:

 

1. The acquisition of 1,800,000 shares of common stock of Webb as reported in Items 3 and 4 above.

 

2. On November 11, 2003, Jona, Inc. sold 50,000 shares of Webb common stock at $0.95 per share.

 

(d) No other person is known to have the right to receive, or the power to direct the receipt of dividends from, or the proceeds of the sale of, such shares of the common stock of Webb.

 

(e) Not applicable.

 

5


Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

 

Webb and Jona, Inc. entered into a Registration Rights Agreement dated as of January 17, 2002 (the “Registration Agreement”) requiring Webb, among other things, to prepare and file with the Securities and Exchange Commission a Registration Statement covering the resale by Jona, Inc. of up to 7,500,000 shares of common stock of Webb issued under a Purchase Agreement dated as of January 17, 2002 (the “Registrable Securities”). The Registrable Securities are subject to a registration statement on Form SB-2 (SEC File No. 333-89600). The Registration Agreement also provides certain incidental registration rights to Jona, Inc. with respect to the Registrable Securities.

 

Item 7. Material to be Filed as Exhibits.

 

Exhibit No.

  

Description


1    Exchange Agreement dated October 21, 2003 by and between Webb Interactive Services, Inc. and Jona, Inc.

 

 

 

Signature

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

       

JONA, INC.

Date: November 12, 2003       By:  

/s/ Neil A. McMurry

         
           

Its:

 

President

 

 

Date: November 12, 2003       By:  

/s/ Neil A. McMurry

         
           

Neil A. McMurry

 

6

EX-1 3 dex1.htm EXCHANGE AGREEMENT Exchange Agreement

Exhibit 1

 

EXCHANGE AGREEMENT

 

EXCHANGE AGREEMENT (this “Agreement”), dated as of October 21, 2003, by and between WEBB INTERACTIVE SERVICES, INC., a Colorado corporation (the “Company”), and JONA, INC. (“Jona”).

 

Jona currently holds 7,500,000 shares (the “Outstanding Shares”) of common stock, no par value, of the Company (the “Common Stock”) and warrants representing the right to purchase an aggregate of 10,060,000 shares of Common Stock at a warrant exercise price of $1.00 per share (the “Warrants”).

 

The Company and Jona wish to exchange the Warrants for 1,800,000 shares of Common Stock. The exchange of the Warrants for the Common Stock (the “Exchange”) contemplated hereby will be effected in reliance upon the exemption from securities registration afforded by the provisions Section 3(a)(9) of the Securities Act of 1933, as amended (the “Securities Act”).

 

The Company and Jona hereby agree as follows:

 

1. EXCHANGE.

 

Upon the terms and conditions set forth herein, the Company and Jona agree to exchange the Warrants for 1,800,000 shares of Common Stock. Upon execution and delivery of this Agreement by the Company and Jona: (i) the Warrants shall be deemed to have been cancelled and terminated and to be of no further force and effect; (ii) Jona shall promptly deliver and transfer to the Company warrant certificates for the Warrants; and (iii) upon receipt of the certificates for the Warrants the Company will cancel and retire the Warrants and issue and cause to be delivered to Jona within a reasonable period of time following receipt of the certificates for the Warrants stock certificates registered in the name of Jona, Inc. representing 1,800,000 shares of Common Stock (the “Securities”).

 

2. REPRESENTATIONS, WARRANTIES AND COVENANTS OF JONA.

 

Jona hereby represents and warrants to the Company and agrees with the Company that, as of the date of this Agreement:

 

2.1 Authorization; Enforceability. Jona is duly and validly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization with full power and authority to effect the Exchange and to execute and deliver this Agreement. This Agreement constitutes Jona’s valid and legally binding obligation, enforceable in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency or other laws affecting creditors’ rights generally and to general principles of equity (regardless of whether enforcement is sought in a proceeding at law or in equity) or public policy.


2.2 Information. The Company has provided Jona with information regarding the business, operations and financial condition of the Company, and has granted to Jona the opportunity to ask questions of and receive answers from representatives of the Company, its officers, directors, employees and agents concerning the Company and materials relating to the terms and conditions of the Exchange. Neither such information nor any other investigation conducted by Jona or any of its representatives shall modify, amend or otherwise affect Jona’s right to rely on the Company’s representations and warranties contained in this Agreement.

 

2.3 Limitations on Disposition. Jona acknowledges that, except as provided in this Agreement, the Securities have not been and are not being registered under the Securities Act and may not be transferred or resold without registration under the Securities Act or unless pursuant to an exemption therefrom.

 

2.4 Legend. Jona understands that the certificates representing the Securities may bear at issuance a restrictive legend in substantially the following form:

 

The securities represented by this certificate have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any state, and may not be offered or sold unless a registration statement under the Securities Act and applicable state securities laws shall have become effective with regard thereto, or an exemption from registration under such laws is available in connection with such offer or sale.”

 

2.5 No Conflict. The execution, delivery and performance by Jona of this Agreement (A) have been approved by all necessary action (corporate or other) on the part of Jona and (B) will not result in (i) any material violation of any provisions of its charter, bylaws or any other governing document in effect on the date hereof, (ii) any material violation of any instrument or contract to which it is a party or by which it is bound, or (iii) the creation of any material lien, charge or encumbrance upon any of its assets.

 

3. REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE COMPANY.

 

The Company hereby represents and warrants to Jona and agrees with Jona that, as of the date of this Agreement:

 

3.1 Organization, Good Standing and Qualification. Each of the Company and each of its material subsidiaries is duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization and has all requisite corporate power and authority to carry on its business as now conducted. Each of the Company and each of its material subsidiaries is duly qualified to transact business and is in good standing in each jurisdiction in which the failure so to qualify would have a material adverse effect on the consolidated business or financial condition of the Company and its material subsidiaries taken as a whole. For purposes of this Agreement, the term

 

2


subsidiary” or “subsidiaries” shall mean any entity or entities in which the Company beneficially owns 20% or more of the voting equity thereof.

 

3.2 Authorization; Consents. The Company has the requisite corporate power and authority to enter into and perform its obligations under this Exchange Agreement. All corporate action on the part of the Company by its officers, directors and stockholders necessary for the authorization, execution and delivery of, and the performance by the Company of its obligations under this Agreement has been taken, and no further consent or authorization of the Company, its Board of Directors, its stockholders, any governmental agency or organization (other than such approval as may be required under the Securities Act and applicable state securities laws) or any other person or entity is required.

 

3.3 Enforcement. This Agreement constitutes a valid and legally binding obligation of the Company, enforceable in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency or other laws affecting creditors’ rights generally and to general principles of equity (regardless of whether enforcement is sought in a proceeding at law or in equity) or public policy.

 

3.4 Disclosure Documents; Agreements; Financial Statements; Other Information. The Company has filed with the Securities and Exchange Commission (the “Commission”): (i) the Company’s Annual Report on Form 10-KSB, as amended, for the year ended December 31, 2002, (ii) Quarterly Reports on Form 10-QSB for the quarters ended March 31, 2003 and June 30, 2003, as amended where appropriate, (iii) all Current Reports on Form 8-K, if any, and any other reports, required to be filed with the Commission since December 31, 2002 and prior to the date hereof and (iv) the Company’s definitive Proxy Statement for its 2003 Annual Meeting of Stockholders (collectively, the “Disclosure Documents”). The Company is not aware of any event occurring on or prior to the Exchange Date (other than the transactions effected hereby) that would require the filing of a Form 8-K, or with respect to which the Company intends to file, a Form 8-K after such date. Each Disclosure Document, as of the date of the filing thereof with the Commission, conformed in all material respects to the requirements of the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder (the “Exchange Act”) and, as of the date of such filing, such Disclosure Document did not contain an untrue statement of material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading. All agreements required to be filed as exhibits to the Disclosure Documents have been filed or incorporated by reference as required by the applicable provisions of the Exchange Act. Neither the Company nor any of its material subsidiaries is in breach of any agreement to which it is a party or by which it is bound where such breach could have a material adverse effect on (i) the business, operations, properties, financial condition, prospects or results of operations of the Company and its material subsidiaries taken as a whole, (ii) the transactions contemplated by this Agreement, (iii) the Securities or (iv) the ability of the Company to perform its obligations under this Agreement (collectively, a “Material Adverse Effect”). Except as set forth in the Disclosure Documents, the Company has no liabilities, contingent or otherwise, other than liabilities incurred in the ordinary course of business which, under generally accepted accounting principles, are not required

 

3


to be reflected in such financial statements (including the footnotes to such financial statements) and which, individually or in the aggregate, are not material to the business or financial condition of the Company and its material subsidiaries taken as a whole. As of their respective dates, the financial statements of the Company included in the Disclosure Documents have been prepared in accordance with generally accepted accounting principles consistently applied at the times and during the periods involved (except (i) as may be otherwise indicated in such financial statements or the notes thereto, or (ii) in the case of unaudited interim statements, to the extent they may exclude footnotes or may be condensed or summary statements) and fairly present in all material respects the financial position of the Company as of the dates thereof and the results of its operations and cash flows for the periods then ended (subject, in the case of unaudited statements, to normal year-end adjustments).

 

3.5 Disclosure. All information relating to or concerning the Company set forth in this Agreement or provided to Jona pursuant to paragraph 2.2 hereof and otherwise in connection with the transactions contemplated hereby is true and correct in all material respects and the Company has not omitted to state any material fact necessary in order to make the statements made herein or therein, in light of the circumstances under which they were made, not misleading.

 

3.6 Valid Issuance. The Securities are duly authorized and, when issued, sold and delivered in accordance with the terms hereof, (i) will be duly and validly issued, fully paid and nonassessable, free and clear of any taxes, liens, claims, preemptive or similar rights or encumbrances imposed by or through the Company (collectively, “Encumbrances”) and (ii) based in part upon the representations of Jona in this Agreement, will be issued, sold and delivered in compliance with all applicable Federal and state securities laws.

 

3.7 No Conflict with Other Instruments. Neither the Company nor any of its material subsidiaries is in violation of any provisions of its charter, bylaws or any other governing document as amended and in effect on and as of the date hereof or in default or breach (and no event has occurred which, with notice or lapse of time or both, would constitute a default or breach) under any provision of any instrument or contract to which it is a party or by which it is bound (including, without limitation, any agreement between the Company and Jona), or of any provision of any Federal, state or foreign judgment, writ, decree, order, statute, rule or governmental regulation applicable to the Company, which violation, default or breach could reasonably be expected to have a Material Adverse Effect. The (i) execution, delivery and performance of this Agreement, and (ii) consummation of the transactions contemplated hereby will not, in any such case, result in any such violation or be in conflict with or constitute, with or without the passage of time and giving of notice, either a default or breach under any such provision, instrument or contract or an event which results in the creation of any lien, charge or encumbrance upon any assets of the Company or of any of its material subsidiaries.

 

4


4. MISCELLANEOUS.

 

4.1 Survival. The representations and warranties made by the parties herein shall survive the Exchange notwithstanding any due diligence investigation made by or on behalf of the party seeking to rely thereon. In the event that any provision of this Agreement becomes or is declared by a court of competent jurisdiction to be illegal, unenforceable or void, this Agreement shall continue in full force and effect without said provision; provided that in such case the parties shall negotiate in good faith to replace such provision with a new provision which is not illegal, unenforceable or void, as long as such new provision does not materially change the economic benefits of this Agreement to the parties.

 

4.2 Successors and Assigns. The terms and conditions of this Agreement shall inure to the benefit of and be binding upon the respective successors and permitted assigns of the parties. Nothing in this Agreement, express or implied, is intended to confer upon any party other than the parties hereto or their respective successors and permitted assigns any rights, remedies, obligations or liabilities under or by reason of this Agreement, except as expressly provided in this Agreement.

 

4.3 No Reliance. Each party acknowledges that (i) it has such knowledge in business and financial matters as to be fully capable of evaluating this Agreement and the transactions contemplated hereby (ii) it is not relying on any advice or representation of the other party in connection with entering into this Agreement or such transactions (other than the representations made in this Agreement), (iii) it has not received from such party any assurance or guarantee as to the merits (whether legal, regulatory, tax, financial or otherwise) of entering into this Agreement or the performance of its obligations hereunder and (iv) it has consulted with its own legal, regulatory, tax, business, investment, financial and accounting advisors to the extent that it has deemed necessary, and has entered into this Agreement based on its own independent judgment and on the advice of its advisors as it has deemed necessary, and not on any view (whether written or oral) expressed by such party.

 

4.4 Governing Law; Jurisdiction. This Agreement shall be governed by and construed under the laws of the State of Colorado without regard to the conflict of laws provisions thereof. Each party hereby irrevocably submits to the non-exclusive jurisdiction of the state and federal courts sitting in City of Denver, for the adjudication of any dispute hereunder or under this Agreement or in connection herewith or with any transaction contemplated hereby or discussed herein or therein, and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding, any claim that it is not personally subject to the jurisdiction of any such court, that such suit, action or proceeding is brought in an inconvenient forum or that the venue of such suit, action or proceeding is improper. Each party hereby irrevocably waives personal service of process and consents to process being served in any such suit, action or proceeding by mailing a copy thereof (certified or registered mail, return receipt requested) to such party at the address in effect for notices to it under this Agreement and agrees that such service shall constitute good and sufficient service of process and notice thereof. Nothing contained herein shall be deemed to limit in any way any right to serve process in any manner permitted by law.

 

5


4.5 Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original, and all of which together shall constitute one and the same instrument.

 

4.6 Headings; Drafting. The headings used in this Agreement are used for convenience only and are not to be considered in construing or interpreting this Agreement. The parties shall be deemed to have participated jointly in the drafting of this Agreement, and no provision hereof shall be construed against any party as the drafter thereof.

 

4.7 Expenses. The Company and Jona shall each pay its own costs and expenses that it incurs in connection with the negotiation, execution, delivery and performance of this Agreement.

 

4.8 Amendments. Except as expressly provided herein, neither this Agreement nor any term hereof may be amended except pursuant to a written instrument executed by the Company and Jona.

 

[Remainder of Page Intentionally Left Blank]

 

6


IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date first-above written.

 

 

WEBB INTERACTIVE SERVICES, INC.

By:  

/s/ William R. Cullen

 
   

Name:

 

William R. Cullen

     
   

Title:

 

Chief Executive Officer

     

 

 

JONA, INC.

By:  

/s/ Neil A. McMurry

 
   

Name:

 

Neil A. McMurry

     
   

Title:

 

President

     

 

 

7

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