BASIC SMART BUSINESS

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REV.01 2013 p. 1/16 Roma, 16/01/2014 Dear Telefonica S.A. marketing department SUBJECT: Revenue Sharing Webee Telefonica Webee allows the user to create and publish professional websites "manageable", compatible with mobile devices. The user can try the product in demo version. Webee is software that allows you to create a website CMS (demo version) in 5 seconds, including the time of online publication. The customer will be able to publish the site yourself, or asking for help desk support, just waiting for the DNS (Domain Name System) alignment. There is no limit to the number of sites created (except, of course, the server capacity). Webee is integrated with social networks, webmail, statistics, antivirus, antispam, rss feeds, able to build customer loyalty. CURRENT PRICING IN ITALY BASIC SMART BUSINESS Annual fee: 100.00 Annual fee: 150.00 Annual fee: 200.00 Ecommerce 30 days trial Ecommerce 30 days trial Ecommerce always

REV.01 2013 p. 2/16 FUNCTIONS BASIC SMART BUSINESS Versioning and upgrade Versioning and upgrade Versioning and upgrade unlimited pages website pages websiteunlimited pages website unlimited pages whit password pages whit password pages whit password mobile version mobile version mobile version HTML editor HTML editor HTML editor multiupload file manager multiupload file manager multiupload file manager indexing panel indexing panel indexing panel Multilanguage Multilanguage Multilanguage background music background music background music slideshow for each page slideshow for each page slideshow for each page EDITOR page EDITOR page EDITOR page NEWS page NEWS page NEWS page PORTFOLIO page PORTFOLIO page PORTFOLIO page TABS page TABS page TABS page SLIDESHOW page SLIDESHOW page SLIDESHOW page CONTACTS page CONTACTS page CONTACTS page CONTACTS page CONTACTS page CONTACTS page ECOMMERCE page ECOMMERCE page ECOMMERCE page customizable form contact customizable form contact customizable form contact google analytics script google analytics script google analytics script favicon favicon favicon internal analysis report internal analysis report internal analysis report multiuser account multiuser account multiuser account management overquota management overquota management overquota templates and themes templates and themes templates and themes weather widget weather widget weather widget youtube widget youtube widget youtube widget feed rss widget feed rss widget feed rss widget

REV.01 2013 p. 3/16 flickr widget flickr widget flickr widget sidebar menu sidebar menu sidebar menu social account facebook social account facebook social account facebook social account twitter social account twitter social account twitter social account flickr social account flickr social account flickr social account skype social account skype social account skype social account tumblr social account tumblr social account tumblr social account linkedin social account linkedin social account linkedin social account google plus social account google plus social account google plus footer customizable footer customizable footer customizable form contacts customizable form contacts customizable form contacts customizable random keywords random keywords random keywords customizable newsletter customizable newsletter customizable newsletter random photo customizable random photo customizable random photo customizable @share, facebook, twitter @ share, facebook, twitter @ share, facebook, twitter customizable logo text/image customizable logo text/image customizable logo text/image menu drag & drop menu drag & drop menu drag & drop page off- site for maintenance page off- site for maintenance page off- site for maintenance customizable privacy page customizable privacy page customizable privacy page internal search engine internal search engine internal search engine home page option home page option home page option sitemap sitemap sitemap HTML 5 and W3C HTML 5 and W3C HTML 5 and W3C webmail, antivirus, antispam webmail, antivirus, antispam webmail, antivirus, antispam statistics report statistics report statistics report LAMP technology linux, apache, mysql php LAMP technology linux, apache, mysql, php LAMP technology linux, apache, mysql, php live support live support live support reporting on google reporting on google reporting on google 2nd level domain 2nd level domain 2nd level domain

REV.01 2013 p. 4/16 DISTINCTIVE FUNCTIONS BASIC SMART BUSINESS 300 Megabytes (hosting) 2 Gigabyte (hosting) 5 Gigabytes (hosting) 1 email 3email email10 ------ reporting on bing reporting on bing ------------ reporting on yahoo ------ help desk support help desk support ------ WeBox cloud service (2Gb) WeBox cloud service (5Gb) Ecommerce (for 30 days) Ecommerce (for 30 days) Ecommerce KEY FEATURES OF THE ECOMMERCE MODULE GENERAL SETTINGS Choice of e commerce currency. Statistics of users, loaded products, sold products, orders. Ability to view more sold products, the last placed, products featured and the quantity of each product in stock. Search product Box Customize the user email after an order PRODUCTS AND CATEGORIES Unlimited categories with hierarchical levels. You can create categories and sub categories. Unlimited products with the possibility to view the showcase products. You can write its name, insert a description and a code, the price, category, attachment, image, keywords, quantity in stock. You can also decrease or no the amount after an order and assign to the products a different VAT rate. If you want you can enter discounts, indicate the weight in pounds, decide the maximum purchase per order. Detailed dispaly of product.

REV.01 2013 p. 5/16 TAXES Unlimited mode of taxes (VAT), allowing to create different levels of VAT (4%, 10%, 21%...) dependig of sold products. COUPON (Discount vouchers) The possibility to activate unlimited percentage discount or as monetary amount to be applied total order. Managing of discounts deadlines. Managing of coupons according to the minimun amount of the order. ORDERS Browsing and finding orders with filters. Updating the status of the order and inserting any tracking number. Online Registration for the purchase with the possibility of insertion of two different addresses (invoicing / shipping). Once registered you do not need to re enter their own data to other future orders. Shopping cart with realtime update, delete, or edit with added products. Ability to print orders reports PAYMENTS (Bank transfer or credit card) Payment Method "Paypal Ability to enable or disable payment method according to amount of the order. Possibility to add an additional cost for each method as a percentage (according to the order) or in currency. SHIPPING Unlimited shipping method. Ability to enable or disable shipping method according to the total weight of the order. Possibility to add an additional cost for each method. The customer will make the shipment within 48 hours of receipt of order.

REV.01 2013 p. 6/16 PROPOSAL PRICING BASIC SMART BUSINESS Annual fee: 100.00 Annual fee: 150.00 Annual fee: 200.00 Ecommerce 30 days trial Ecommerce 30 days trial Ecommerce always It will be possible for the customer to purchase optional services. OPTIONAL SERVICES: PRICING PROPOSAL SERVICE ANNUAL FEE Domain extra 24.00 Ecommerce 70.00 Additional language 30,00 WeBox-cloud 12.00 1 gig hosting Spazio 10.00 Support content 1 logo- 30 pages - 30 images 200.00

REV.01 2013 p. 7/16 Strengths easy to customize. Change template with a click speed, ease and simplicity in the creation of the demo preview demo before to register ***** Speed management Code valid HTML 5 W3C validated Versioning and Upgrades for the sites already purchased ***** Apple Compatibility Android Compatibility

REV.01 2013 p. 8/16 Change layout very simple and fast, in just one click Portfolios Photo and Video Slideshow images for each page customizable Intelligent indexing on the main search engines multiuser account: logo, pages, content, widgets, settings,template ***** pages and menus without limits drag and drop to move the menu Autonomy of online publication site and off line for maintenance ***** Choice of Home page *****: Multi upload files from your PC to interface b2b webagency *****

REV.01 2013 p. 9/16 Integrated with customer relationship management Help Desk and Live Support ***** guide on line Phone Help Desk ***** WeBox (area cloud) ***** password protected pages customized contact form music background customized google map shortcuts administration

REV.01 2013 p. 10/16 search in Website Ecommerce feed rss flicker youtube facebook google plus linkedin Skype tumblr

REV.01 2013 p. 11/16 Best value for money ***** developed in according ISO 9001 ***** these functions appear to be present only in Webee The technology which has been structured Webee is not easily repeatable by competitors. Created in according to ISO 9001, where customer satisfaction is fundamental to the creation of the product. Customer satisfaction has allowed us to implement innovative solutions, such as versioning, which allows the automatic upgrade of the software, making it more valuable over time. Versioning allows you to keep up to date the sites have already been purchased, via automatic upgrade of the latest version of the code. This distinguishes it from other sitebuilder because it is not subject to "wear and tear" of the time. Today Webee is a product that handles the automation of all processes in the supply chain. From the analysis made, with regard to the rate of creation of the demo, the management of the site and the client's autonomy, is among the best CMS on the market. Webee sitebuilder is among the few that allows you to create menus and pages without limits, with an optimal architecture for corporate websites. The sitebuilder of competition does not offer online help or the help desk, always leaving you in solitude. Webee gives top priority to support the user by providing: live support with online chat, telephone help desk professional, technical assistance and site optimization on request. The management functions are always optimized to be consistent with the choices of graphic templates, so as to prevent damage to the graphics which are very frequent in the sites "do it yourself".

REV.01 2013 p. 12/16 Webee comparison absent: 0 moderate:1 decent: 2 optimal: 3 webee Lexun 1and 1 super site register sitionline wix jjmdo web node easy to manage 2 2 2 1 2 2 2 2 speed demo 3 3 1 1 1 3 3 2 webee play 3 0 0 0 0 0 0 0 speed to manage 2 2 2 3 1 3 3 2 html5 3 0 3 3 3 3 0 0 W3C standard 3 0 3 3 1 2 1 2 versioning 3 0 0 0 0 0 0 0 apple Mobile 3 1 3 3 3 2 3 2 android mobile 3 1 3 3 3 2 3 2 change layout 3 2 3 1 3 1 3 3 photo / video 2 2 3 2 1 3 2 2 indexing 3 2 3 3 2 3 3 3 multiple users 3 0 0 2 2 1 0 0

REV.01 2013 p. 13/16 unlimited menu 3 2 2 1 1 3 2 2 drag & drop 2 0 3 3 1 3 3 3 website offline 3 2 0 0 0 0 0 0 change home 3 3 2 1 0 3 2 0 multi upload 2 0 0 1 2 2 3 2 live help desk support 3 3 2 1 1 3 0 2 online guides 3 3 3 2 3 2 3 1 help desk telephone 3 3 2 1 1 1 0 0 cloud 2 0 0 0 0 0 0 0 page password 3 0 3 1 0 3 3 2 form 2 2 2 2 3 2 2 3 soundtrack 1 0 0 0 0 0 0 0 google maps 3 1 3 3 2 3 2 2 shortcut link 3 2 3 3 2 3 3 3 search 2 0 2 2 2 0 3 2 ecommerce 3 0 3 2 0 3 2 0

REV.01 2013 p. 14/16 rss feed 2 2 0 3 0 2 2 1 flickr 2 0 2 2 1 2 2 0 youtube 2 2 1 2 1 2 2 1 facebook 1 1 2 1 1 2 1 2 google plus 1 0 1 1 1 2 1 1 linkedin 1 0 1 1 1 1 1 0 Skype 1 0 1 1 1 1 1 0 tumblr 1 0 1 1 1 2 1 0 value for money 3 3 2 3 1 3 3 3 quality certifed 3 3 3 3 3 3 3 0 value 96/114 48/114 73/114 68/114 52/114 78/114 71/114 53/114 webee Lexun 1and 1 super site register sitionline wix jjmdo web node

REV.01 2013 p. 15/16 Compatible with all (browser PC and mobile devices) flexibility according to the needs of the user. All templates are W3C validated Made in HTML 5 mode Select the layout to suit your needs different color themes Transactions images in jquery Choose your favorite wallpaper and configures many other options

REV.01 2013 p. 16/16 SYSTEM ARCHITECTURE: see attached document n. 3. system architecture The architecture will be implemented by Webee in modules End user lands on Telefonica landing Portal (mysite.telefonica.com ) End user creates a demo using web interface and the online help of our Help Desk End user can publish his demo individually or guided by our Help Desk Demo becomes a full funciont website and/or ecommerce on high quality production sever End user can manage his website and/or ecommerce anytime anywhere using the powerful webee online administration panel