EXHIBIT 10.3 [VVVRRR, INC. LETTERHEAD] 7-1-02 These Co-Location terms are effective between VVVRRR, Inc. (VRI) and Fenton Graham Marketing, Inc. (FGM). FGM leases 1/8 of a rack of space and 1 Megabit of bandwidth from VRI for $200.00 per month on a month-to-month basis. /s/ J.P. Schrage /s/ William Lane Secretary/Treasurer VVVRRR, Inc. Fenton Graham Marketing, Inc.