EX-10.1



 





Exhibit 10.1





WORLD WRESTLING ENTERTAINMENT, INC.



1241 East Main Street

Stamford, Connecticut 06902

Attn: Edward L. Kaufman




As of May 20, 2007




Joel Simon

c/o Del, Shaw, Moonves, Tanaka, Finkelstein & Lezcano

2120 Colorado Avenue

Suite 200

Santa Monica, California 90404

Attention: Jeffrey S. Finkelstein, Esq.





	Re:	 	Employment Agreement




Gentlemen:



The following sets forth the material terms and conditions of the agreement (“Agreement”) between
World Wrestling Entertainment, Inc. (“the Company”) and you in connection with your employment by
the Company as President of WWE Films, Inc. (“the Division”).



In consideration of the mutual covenants and conditions contained herein, the Company and you have
agreed as follows:





	1.	 	Term: The Company hereby employs you for a term of one (1) year commencing on Friday,
May 20, 2007 (“Effective Date”), unless earlier terminated as provided for herein (“Term”).






	2.	 	Duties/Title: During the Term, you shall serve as President of the Division. You
shall report directly to Vincent K. McMahon and Linda E. McMahon (collectively, the
“McMahons”), and all employees of the Division shall report directly to you. You shall be
primarily responsible for the Division, which will develop and produce film, television and
direct-to-video projects for the Company, excluding wrestling and wrestling-based projects
(“Division Projects”). You shall also be primarily responsible for the management and
supervision of all business and operations of the Division Projects, including without
limitation, the development, financing, production, and distribution of motion pictures,
television and direct-to-video programs for Division. You shall also be assigned such
additional areas of responsibility and shall perform such duties, generally consistent with
the foregoing, as the McMahons shall from time to time reasonably determine. During the Term,
you shall faithfully perform the duties required of your office, and shall devote your full
business time and best efforts to the performance of your duties to the Division and the
Company. Your services




 









 






	 	 	to the Company shall be rendered on a full-time, in person, and exclusive basis.
Notwithstanding the foregoing, you may render limited outside services in connection with
non-interfering charitable and political activities, if any, provided that in no event
shall such outside services materially interfere with your services to the Company and the
Division, which shall have first priority throughout the Term.






	3.	 	Cash Compensation:






	 	a)	 	Base Salary: Subject to Paragraph 1(c) of the Standard Terms and
Conditions set forth below, Company shall pay you Five Hundred Thousand Dollars
($500,000) for the Term, payable in equal installments over the course of the Term in
accordance with Company’s regular payroll practices.
	 
	 	b)	 	Incentive Compensation: It is hereby agreed that you shall receive
payments for “The Marine” and “See No Evil” (formerly known as “The Untitled Kane
Horror Project”) as provided in the amendment, dated as of August 26, 2004, to your
prior agreement, dated as of April 29, 2002, and confirmed in your agreement dated as
of May 20, 2005. In accordance with such amendment, you shall not receive
compensation for the other projects listed therein. Additionally, you will receive
compensation for “The Condemned” under the same terms as “The Marine” and “See No
Evil”, but you will not receive compensation for any other projects. “See No Evil”,
“The Marine” and “The Condemned” shall hereinafter be referred to as “Division
Projects”.
	 
	 	c)	 	Taxes: Any and all cash compensation payable to you pursuant to this
Section 3 shall be subject to applicable withholding and shall be payable in
accordance with the Company’s standard payroll practices.






	4.	 	Equity: You have to date received certain equity awards under the Company’s 1999
Long-Term Incentive Plan (the “Plan”). These grants consist of 125,000 options, and two
grants in the initial amount of 25,000 restricted stock units each. The terms and conditions
of such awards (as provided in the agreements reflecting such grants signed by you and the
Company and the Plan), including, without limitation, the numbers of such awards and the
vesting and termination of such awards, shall remain in full force and effect. You shall not
participate in any new grants during the Term.






	5.	 	Credit: For each Division Project, you shall receive the following credit:






Subject to studio and third party obligations, “Produced by” or executive producer credit
(at your election) on the screen on all positive prints of the Division Projects on a
separate card in the main titles, and in all paid advertisements issued



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by or under the Control of Company or in which the McMahons are named, subject to customary
exclusions.




Subject to the foregoing, all matters regarding such credit shall be determined by the
Company in its sole discretion. No casual or inadvertent failure by Company or any third
party to comply with the provisions of this Paragraph shall be deemed to be a breach of
this Agreement by the Company, provided that after receipt of written notice specifying in
detail any material failure to accord credit, Company agrees to use reasonable efforts to
prospectively cure any such failure which is economically practicable to cure. Company
shall use reasonable, commercial efforts to advise Company’s third party licensees of the
foregoing credit provisions.




	6.	 	Benefits / Expenses / Etc.:






	 	a)	 	Expenses: During the Term, the Company shall reimburse you, in
accordance with Company’s policies and procedures, for all reasonable and necessary
business expenses and first class travel expenses incurred by you. Company shall
cover all your business-related cellular telephone expenses.
	 
	 	b)	 	Vehicle Allowance: During the Term, you shall be entitled to receive
from Company a vehicle allowance of $1,100 per month.
	 
	 	c)	 	Vacation: During the Term, you shall be entitled to three (3) weeks
paid vacation.
	 
	 	d)	 	Office/Assistant: The Company shall provide you with a private
office and assistant during the Term as part of the reasonable office space to be
approved in advance by Company.
	 
	 	e)	 	Company Plans: During the Term, you shall be entitled to participate
in and enjoy the benefits of any health, life, disability, retirement, pension, group
insurance, or other similar plan or plans (specifically excluding equity grants,
bonuses or other incentive pay except to the extent provided in Section 3(b)) which
may be in effect or instituted by the Company for the benefit of senior executives
generally, upon such terms as may be therein provided.






	7.	 	Standard Terms and Conditions: This Agreement is further subject to the provisions
of Company’s Standard Terms and Conditions, attached hereto as Exhibit A and by this reference
incorporated herein. If there is a conflict or inconsistency between the provisions of the
Standard Terms and Conditions and this Agreement, the provisions of this Agreement shall
prevail.






	8.	 	Miscellaneous: This agreement represents the entire understanding between the
parties hereto with respect to its subject matter, and supersedes any previous agreements
(other than the Plan and agreements entered into reflecting equity




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	 	 	grants) between the parties, including, without limitation, the agreement dated April 29,
2002 and amended August 26, 2004 and the agreement dated as of May 20, 2005.




Please sign below to indicate your acceptance of the foregoing:




	 	 	 	 	 
	WORLD WRESTLING ENTERTAINMENT, INC.

 	 	 
	By:  	/s/ Danielle Fisher
 	 	 
	Its:  	 	VP — Human Resources 	 	 
	Date: 	July 25, 2007	 	 








	 	 	 	 	 
	ACCEPTED AND AGREED:

 	 	 
	/s/ Joel Simon
 	 	 
	JOEL SIMON 	 	 
	 
	Date: 	June 4, 2007	 	 




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EXHIBIT A




STANDARD TERMS AND CONDITIONS



Standard Terms and Conditions to the agreement (“Agreement”) between World Wrestling Entertainment,
Inc. (“Company”) and Joel Simon (“Employee”) dated as of May 20, 2007.





	1.	 	TERMINATION OF EMPLOYMENT:






	 	(a)	 	Termination by the Company other than for Cause: The Company shall be
permitted to discharge Employee other than for Cause (as hereafter defined), in which case
Employee’s employment shall immediately terminate. In the event of a termination other
than for Cause, the Company shall pay Employee his then current base salary for the
remainder of the Term. Employee will have no duty to mitigate by seeking other employment
during the remainder of the Term in which any such termination occurs, and if other income
is obtained during the remainder of the Term, the Company will not have a right to offset
Employee’s base salary in connection with such other income. In the event that Employee
is terminated pursuant to this subparagraph: (i) Employee shall also be entitled to
Incentive Compensation and Credit (pursuant to Paragraphs 3(b) and 5 of the Agreement) in
connection with any Division Projects; and (ii) such vested and retirement benefits as
Employee may be entitled to under any employee benefit or pension plan, provided that the
terms of such plan provide that Employee shall be permitted to retain the benefit thereof
under such circumstance.
	 
	 	(b)	 	Death or Disability: Employee’s employment by the Company shall immediately
terminate upon Employee’s death and, at the Company’s option, may terminate upon the
Employee’s Disability. For purposes of this Agreement, “Disability” shall occur if (i)
Employee becomes eligible for full benefits under a long-term disability policy provided
by the Company, if any, or (ii) the Company’s board of directors determines that the
Employee has been unable, due to physical or mental illness or incapacity, to perform the
essential duties of his employment with reasonable accommodation for a continuous period
of sixty (60) days or for an aggregate of ninety (90) days during any consecutive twelve
(12) months. Upon termination of employment due to death or Disability, the Company shall
have no further obligation to make payments under this Agreement, other than (i)
compensation payments, payments in respect of accrued but unpaid vacation and
reimbursement for business expenses, in each case due, accrued or payable as of the date
of Employee’s death or Disability; (ii) Incentive Compensation and Credit (pursuant to
Paragraphs 3(b) and 5 of the Agreement) in connection with any Division Projects and (iii)
such vested and retirement benefits as Employee may be entitled to under any employee
benefit or pension plan, provided that the terms of such plan provide that Employee shall
be permitted to retain the benefit thereof under such circumstances. Notwithstanding the
foregoing, in the event of Employee’s death, Company shall pay Employee’s estate the
balance of




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	 	 	 	Employee’s then current base salary for the remainder of the Term. Employee waives any
right under the Americans with Disabilities Act to challenge the legality of this provision
and any bona fide termination based on it.






	 	(c)	 	Termination by Employer for Cause. The Company shall be permitted to
discharge Employee for Cause, in which case Employee’s employment shall immediately
terminate. For purposes hereof, “Cause” shall mean (i) Employee’s act of fraud,
misappropriation, embezzlement or dishonesty with respect to the Company; (ii) Employee’s
conviction of, or plea of guilt or no contest to, a felony; (iii) Employee’s intentional
misconduct in the performance of his or her duties which is not promptly remedied upon
receipt of notice thereof from the Company; (iv) Employee’s disregard of any lawful
instruction from, or policy established by the McMahons or the Company’s board of
directors which is not promptly remedied upon receipt of notice thereof from the Company;
or (v) Employee’s breach of any other material provision of this Agreement which is not
promptly remedied upon receipt of notice thereof from the Company. Upon termination of
Employee’s employment for Cause, the Company shall have no further obligation to make
payments under this Agreement, other than (i) compensation payments, payments in respect
of accrued but unpaid vacation and reimbursement for business expenses, in each case due,
accrued or payable as of the date of such termination and (ii) such vested retirement
benefits as Employee may then be entitled to under any employee benefit or pension plan,
provided that the terms of such plan provide that Employee shall be permitted to retain
the benefit thereof under such circumstances.
	 
	 	(d)	 	Termination by Employee for Cause. Employee may terminate this Agreement at
any time if the Company fails to make the payments required by this Agreement within ten
(10) business days following written notice from Employee describing such nonpayment or if
the Company breaches any other material provision of this Agreement and fails to cure such
breach within thirty (30) days following written notice from Employee describing such
breach in detail. Upon termination pursuant to this Section, the Company shall have no
further obligation to make payments under this Agreement, other than, subject to
Employee’s continued compliance with the provisions of Section 2 of these Standard Terms
and Conditions, (i) accrued unpaid compensation payments, and payments in respect of
accrued but unpaid vacation and reimbursement for business expenses, in each case due,
accrued or payable as of the date of such termination; (ii) Incentive Compensation and
Credit (pursuant to Paragraphs 3(b) and 5 of the Agreement) in connection with the
Division Projects; (iii) such vested and retirement benefits as Employee may be entitled
to under any Employee benefits or pension plan; (iv) his then current base salary for the
remainder of the Term.




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	2.	 	CONFIDENTIALITY AND NON-USE OF CONFIDENTIAL INFORMATION:






	 	(a)	 	Except as shall be strictly necessary in Employee’s performance of his or her duties
under this Agreement, Employee (i) shall maintain the confidentiality of all memoranda,
notes, records, scripts, stories, events, artwork, videotape, film, and any other material
compiled by Company or Division employees (including Employee), or any material made
available to Employee in connection with any Division Project, or any material concerning
the business of Company, Division or of any clients or partners of Company or Division
that is not known to the general public (“Confidential Information”), and (ii) shall not
use for his or her direct or indirect benefit, or the direct or indirect benefit of any
person not a party to this Agreement, any of the Confidential Information. The Employee’s
obligation of confidentiality shall not apply with respect to disclosures of Confidential
Information that are compelled by any legal, administrative or investigative proceeding
before any court, or any governmental or regulatory authority, agency or commission;
provided, that the Employee shall notify the Company immediately thereof and cooperate
with the Company in obtaining a protective order or other similar determination with
respect to such Confidential Information.
	 
	 	(b)	 	Promptly upon the request of the Company, and in any event, promptly upon the
expiration or earlier termination of Employee’s employment hereunder, the Employee shall
(i) discontinue all use of the Confidential Information except as necessary to conclude
the business of Company and (ii) return to the Company all materials furnished by the
Company, or otherwise acquired by or in the possession or control of the Employee, that
relates to or contains any Confidential Information. The Company’s request for the
Employee’s return of Confidential Information shall not be deemed to constitute a
termination of the Employee’s employment under this Agreement.






	3.	 	OWNERSHIP OF PROCEEDS & MATERIALS:






Subject to the terms of the Agreement, Company shall own all of the results and proceeds of
the services of Employee hereunder as a “work-made-for-hire” in any and all media
throughout the world in perpetuity; provided, however, to the extent that such work or the
results and proceeds hereof is not deemed a work-made-for-hire under any jurisdiction,
Employee irrevocably assigns, transfers and conveys to Company any such work or results and
proceeds of Employee including any so-called “rights of author” in any and all media
throughout the world in perpetuity. Without limiting the generality of the foregoing,
Employee hereby assigns all of the foregoing rights to Company and Employee hereby
irrevocably assigns, licenses and grants to Company, throughout the universe, in
perpetuity, the rights, if any, of Employee to authorize, prohibit and/or control the
renting, lending, fixation, reproduction and/or other exploitation of any Division Project
(as defined in the Agreement) by any media or means now known or hereafter



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devised as may be conferred upon Employee under any applicable laws, regulations or
directives, including, without limitation, any so-called “Rental and Lending Rights”
pursuant to any European Economic Community directives and/or enabling or implementing
legislation, laws or regulations enacted by the member nations of the EEC. Employee hereby
acknowledges that the compensation payable hereunder includes adequate and equitable
remuneration for the Rental and Lending Rights and constitutes a complete buy-out of all
Rental and Lending Rights. In connection with the foregoing, Employee hereby irrevocably
grants unto Company, throughout the universe, in perpetuity, the right to collect and
retain for Company’s own account any and all amounts payable to Employee in respect of
Rental and Lending Rights and hereby irrevocably direct any collecting societies or other
persons or entities receiving such amounts to pay such amounts to Company, and to the
extent Company does not so collect such amounts, or is deemed ineligible to collect such
amounts, Company may, in Company’s sole discretion, deduct from any and all amounts
otherwise payable to Employee under this Agreement any and all amounts paid or payable to
Employee by any party in respect of Rental and Lending Rights.




	4.	 	WARRANTIES:






Employee represents and warrants that:




	 	(a)	 	Employee is free to enter into and fully perform under this Agreement;
	 
	 	(b)	 	All results and proceeds of Employee’s services hereunder (“Material”) shall be
Employee’s sole and original creation (except to the extent based on assigned material or
material in the public domain), and that, to the best of Employee’s knowledge (or that
which Employee should have known in the exercise of reasonable prudence), nothing
contained therein violates the rights of any third party;
	 
	 	(c)	 	Employee owns and/or otherwise controls all rights in and to the Material (except if
based on assigned material);
	 
	 	(d)	 	Employee has the sole right and authority to sell and assign all of the rights,
titles, interests and benefits sold and assigned hereunder;
	 
	 	(e)	 	Employee has not heretofore granted, assigned, mortgaged, pledged or hypothecated any
right, title or interest which Employee has in and to the Material; Employee further
warrants and represents that Employee will not do so during the effective term of this
Agreement;
	 
	 	(f)	 	To the best of Employee’s knowledge (or that Employee should have known in the
exercise of reasonable prudence), there are no adverse claims nor is there pending any
litigation or threat of litigation in or against the Material which




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	 	 	 	would interfere with the rights granted hereunder, by or through Employee, by any person,
firm or corporation;






	 	(g)	 	Employee had not heretofore produced or authorized the production of any motion
picture based in whole or in part on the Material;
	 
	 	(h)	 	There is no other contract or assignment affecting Employee’s rights in and to the
Material which would interfere with the rights granted hereunder.






	5.	 	INDEMNITY:






Employee agrees to indemnify and hold harmless Company, its licensees, successors and assigns
(and their respective officers, directors, shareholders, contractors, employees, attorneys, and
agents) from and against any and all liabilities, claims, costs, damages, losses, judgments or
expenses (including, without limitation, reasonable outside attorneys’ fees, whether or not in
connection with litigation) (collectively, “Claims”) arising out of or in connection with any
breach or warranty, undertaking, representation or agreement made or entered into hereunder by
Employee. Company agrees to defend, indemnify and hold harmless Employee from and against any
and all Claims arising out of or in connection with (i) the development, production,
distribution, or other exploitation of any films or programs produced pursuant to this
Agreement, or any work derived therefrom, excluding matters covered by Employee’s indemnity
above; (ii) any material added to such films and programs by Company, excluding matters covered
by Employee’s indemnity above; (iii) any material breach by Company; and (iv) any Claims
arising from or in connection with Employee’s services or engagement hereunder (within the
course and scope of Employee’s employment hereunder), excluding matters covered by Employee’s
indemnity above. Employee agrees that Company shall have the sole right to control the legal
defense against any Claims, demands or litigation, including the right to select counsel of its
choice (provided Employee may retain Employee’s own counsel at Employee’s sole expense) and to
compromise or settle any such Claims, demands or litigation.




	6.	 	INSURANCE:






Company shall include Employee as an additional insured under Company’s (i) general liability
insurance policy, (ii) directors and officers insurance policy, and (iii) standard errors and
omissions insurance policy relating to the Division Projects, for only such time and to such
extent as such insurance policies are carried by Company. The foregoing obligations shall be
subject to the terms and conditions of each such policy.



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	7.	 	REMEDIES:






Employee acknowledges and agrees that a breach by him or her of any provision of this
Agreement, including, without limitation a breach of any of the covenants contained herein,
cannot be reasonably or adequately compensated in damages in an action at law, and that the
Company shall be entitled to, among other remedies, seek injunctive relief which may include,
but shall not be limited to, (i) restraining Employee from rendering any service or engaging in
any action that would constitute or cause a breach or violation of this Agreement, (ii)
obtaining specific performance to compel Employee to perform his or her obligations and
covenants hereunder and (iii) obtaining damages available either at law or in equity.




	8.	 	DISCLOSURE:






Employee acknowledges the Company may provide a copy of this Agreement or any portion hereof to
any person with, through or on behalf of whom Employee may, directly or indirectly, breach or
threaten to breach any of the provisions of this Agreement. Furthermore, the Company may file
this Agreement with all appropriate government agencies, including, without limitation, the
Securities Exchange Commission.




	9.	 	ASSIGNMENT:






Company has the right to assign to any assignee the right to utilize and exploit the results
and proceeds of the services of Employee pursuant to this Agreement hereunder and the right to
assign this Agreement, provided that Company shall remain liable hereunder unless such
assignment is to an entity which succeeds to all or substantially all of the assets of Company
hereunder, or to an affiliate of Company, which assumes Company’s obligations in writing, in
which event such assignment shall be a novation releasing Company of any further liability
hereunder. Employee shall not have the right to assign this Agreement or any part hereof, or
delegate any of Employee’s obligations hereunder, and any such purported assignment and/or
delegation shall be null and void ab initio.




	10.	 	NO OBLIGATION TO PRODUCE:






It is understood and agreed that Company shall have no obligation to produce, complete,
release, distribute, advertise or exploit any film or program, and Employee releases Company
from any liability for any loss or damage Employee may suffer by reason of Company’s failure to
produce, complete, release, distribute, advertise or exploit such programs. Nothing contained
in this Agreement shall constitute a partnership or joint venture by the parties hereto.



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	11.	 	AGREEMENT TO EXECUTE AND DELIVER ALL DOCUMENTS REQUIRED:






Employee agrees to execute and deliver to Company any and all documents consistent herewith
which Company shall reasonably deem desirable or necessary to further effectuate the purposes
of this Agreement. In case of Employee’s refusal or failure to so execute or deliver, or cause
to be so executed and delivered, any assignment or other instrument herein provided for after a
reasonable opportunity to review and comment, then in such event, Employee hereby nominates,
constitutes and appoints Company and Company shall therefore be deemed to be Employee’s true
and lawful attorney-in-fact, irrevocably, to execute and deliver all of such documents,
instruments and assignments in Employee’s name and on Employee’s behalf after Employee’s
reasonable opportunity to review (not less than five (5) days) and provide timely comments to
the language thereof. Company shall provide Employee with a copy of any document so executed,
provided that any casual or inadvertent failure to provide any such copy shall not constitute a
breach of this Agreement.




	12.	 	COMPUTATION OF TIME PERIOD; MANNER OF DELIVERY:






The time in which any act provide by this Agreement is to be done shall be computed by
excluding the first day and including the last, unless the last day is a Saturday, Sunday or
legal holiday, and then it is also excluded. All payments and notices shall be deemed
delivered upon three (3) days after the date of posting as first-class mail in the United
States mail, postage prepaid, and addressed to the respective party upon whom it is to be
delivered, or, as to notices only, upon the date of confirmed facsimile transmission.




	13.	 	WAIVER:






Either party’s failure to enforce any provision(s) of this Agreement shall not in any way be
construed as a waiver of any such provision(s), or to prevent that party thereafter from
enforcing each and every other provision of this Agreement.




	14.	 	GOVERNING LAW; VENUE:






This Agreement shall be governed by and construed in accordance with Connecticut law, without
regard to its conflict of law rules. Any action or proceeding seeking the interpretation or
enforcement of this Agreement may be brought in the state or federal courts governing Fairfield
County, Connecticut, and the parties hereby submit themselves to the personal jurisdiction of
such courts for such purpose.




	15.	 	SEVERABILITY:






Unless it would fundamentally frustrate a party’s benefit of the bargain hereunder, should any
part of this Agreement for any reason be declared invalid or unenforceable, such decision shall
not affect the validity of any remaining portions,



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which remaining portions shall remain in force and effect as if this Agreement had been
executed with the invalid or unenforceable portion thereof eliminated and it is hereby declared
the intention of the parties hereto that they would have executed the remaining portion of this
Agreement without including therein any such part, parts or portion which may for any reason,
be hereafter declared invalid or unenforceable.




	16.	 	CAPTIONS; COUNTERPARTS:






The descriptive headings of the various sections or parts of this Agreement are for convenience
only and shall not affect the meanings or construction of any of the provisions hereof. This
Agreement may be executed in counterparts, each of which shall be deemed an original, but all
of which together shall constitute one and the same instrument.




	17.	 	NOTICES:






All communications provided for hereunder shall be in writing and shall be delivered
personally, or mailed by registered mail, or by prepaid overnight air courier, or by facsimile
communication, in each case addressed:



	 	 	 	 	 
	 

	 	If to Company:
	 	WORLD WRESTLING
	 

	 	 	 	ENTERTAINMENT, INC.
	 

	 	 	 	1241 East Main Street
	 

	 	 	 	Stamford, Connecticut 06902
	 

	 	 	 	Attn: Edward L. Kaufman
	 
	 	 	 	 
	 

	 	With a copy to:
	 	Hansen, Jacobson, Teller, Hoberman,
	 

	 	 	 	Newman, Warren & Sloane, L.L.P.
	 

	 	 	 	450 North Roxbury Drive, 8th Floor
	 

	 	 	 	Beverly Hills, California 90210
	 

	 	 	 	Fax: (310) 550-5209
	 

	 	 	 	Attention: Craig Jacobson
	 
	 	 	 	 
	 

	 	If to Joel Simon:
	 	Joel Simon
	 

	 	 	 	c/o Del, Shaw, Moonves, Tanaka,
	 

	 	 	 	Finkelstein & Lezcano
	 

	 	 	 	2120 Colorado Avenue
	 

	 	 	 	Suite 200
	 

	 	 	 	Santa Monica, California 90404
	 

	 	 	 	Attention: Jeffrey S. Finkelstein, Esq.






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	18.	 	FCC:






Employee hereby agrees that Employee has not and will not accept or agree to accept for
Employee’s own benefit, or pay or agree to pay, any money, service or other valuable
consideration, other than the compensation payable hereunder, for the inclusion of any matter,
including, but not by way of limitation, the name of any person, product, service, trademark or
brand name as a part of any program in connection with which Employee’s services are rendered
hereunder. Notwithstanding the foregoing, Employee shall not be deemed to be in breach of this
provision in the event that Division enters into appropriate product placement or similar
agreements, subject to any applicable laws and regulations regarding such agreements.




	19.	 	ENTIRE AGREEMENT:






These Standard Terms and Conditions, along with the terms of the employment agreement to which
these Standard Terms and Conditions are attached constitute the entire agreement of the parties
with regard to the subject hereof.



End of Standard Terms and Conditions





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