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Netscape's Work Culture

            

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EXHIBIT III
BENEFITS FOR NETSCAPE EMPLOYEES contd...

            

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Employee Stock Purchase Plan (ESPP)
The Employee Stock Purchase Plan provides employees with the opportunity to purchase shares of AOL common stock at discounted prices through payroll deductions. Subject to IRS guidelines, you may invest up to 15% of your compensation through after-tax payroll deductions. Employees may only enroll in the Plan twice a year, on specified offering period dates.

Tuition Assistance Program
Netscape is committed to the short and long-term professional development of its employees. As part of this commitment, Netscape offers a Tuition Assistance Program to aid those employees who are pursuing job-related degrees or participating in professional development courses.

Hyatt Legal
Netscape offers a group legal program through Hyatt Legal Plan on a voluntary basis through payroll deduction. This plan gives you and your dependents easy access to professional legal representation at an affordable price.

Employee Services
Life@Work Programs

Netscape has developed a variety of programs to assist employees with a broad-range of work-life issues. The health and welfare of our employees is of tremendous importance to us. The program has been designed to assist employees in balancing some of the responsibilities of everyday life.

Employee Assistance Program (EAP)
A team of professional master level counselors and experienced registered nurses are available 24 hours a day at a toll-free number. The EAP can help you and your family with medical, work, family, financial, legal, and personal issues that can impact your life and health.

Concierge Service
LesConcierges puts a team of service professionals at your fingertips to meet any need that will make your life easier. The LesConcierges team can save you time and energy through services to support your work and home responsibilities.

Onsite Services
Services onsite such as a florist, massages, dental care, photo processing, dry cleaning, oil changes and more!

ClubNet
Programs that help you maximize your health and fitness through a variety of programs ranging from fitness workout and recreational sports to exhilarating outings. Sports and recreational activities that include basketball, volleyball, in-line skating, golf, soccer, softball, rock climbing and much, much more! Activities vary by location. (Fitness centers are also available at some Netscape site locations).

Child & Elder Care Referral Service
Assists employees with finding dependent care resources with information from LifeCare.com.

Credit Unions and Banking
Select from a variety of different employer-sponsored credit unions for low rates on loans and CDs. Some Netscape locations have onsite ATMs for employee banking convenience.

Source: www.netscape.com

EXHIBIT IV - NETSCAPE CONSOLIDATED STATEMENT OF OPERATIONS

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