Document:

WHITE MOUNTAIN TITANIUM CORPORATION

GRANT OF STOCK OPTION

 

This Grant of Stock Option is hereby offered
to Optionee with respect to the following option grant (the “Option”) to purchase shares of the Common Stock of White
Mountain Titanium Corporation, Inc., a Nevada corporation (the “Corporation”):

 

	               	Optionee:  Lan Shangguan                                                                                                                                                  
	 	 
	 	Grant Date:  October 1, 2012                                                                                                                                                
	 	 
	 	Vesting Commencement: Immediately                                                                                                                              
	 	 
	 	Exercise Price:  $1.30 per share                                                                                                                                            
	 	 
	 	Number of Option Shares:  150,000                                                                                                                                    
	 	 
	 	Expiration Date:  October 1, 2017                                                                                                                                        
	 	 	 	 
	 	Type of Option:  	     X     	Non-Statutory
	 	 	              	Incentive Stock Option

 

Date Exercisable: Immediately

 

Optionee understands and agrees that the
Option is granted subject to and in accordance with the terms of the Company’s 2010 Stock Option/Stock Issuance Plan (the
“Plan”). Optionee further agrees to be bound by the terms of the Plan and the terms of the Option as set forth in the
Stock Option Agreement, a copy of which is attached hereto as Exhibit A.

 

Optionee understands that any Option Shares
purchased under the Option will be subject to the terms set forth in the Stock Purchase Agreement attached hereto as Exhibit
B. Optionee hereby acknowledges receipt of a copy of the Section 10(a) Prospectus and the Plan in the form attached hereto
as Exhibits C and D, respectively.

 

All capitalized terms in this Grant form
shall have the meaning assigned to them in this form or in the attached Plan.

 

Assuming that you are in agreement with
the terms of this Grant of Stock Option, please sign your name in the space indicated below.

 

    	 

    	 

    

 

	 	White Mountain Titanium Corporation
	 	 
	 	By 	/s/ Brian Flower

 

AGREED:

 

	/s/ Lan Shangguan	 
	Optionee	 
	 	 
	Lan Shangguan	 
	Print Name	 
	 	 
	Address:	4446 Cambridge St.	 
	 	 
	Burnaby, BC V5C 1H5	 

 

		Exhibit A	Stock Option Agreement

		Exhibit B	Stock Purchase Agreement

		Exhibit C	Section 10(a) Prospectus dated March 29, 2012

		Exhibit D	2010 Stock Option/Stock Issuance Plan

  

    	2

    	 

    

 

EXHIBIT A

 

White
Mountain Titanium Corporation

STOCK OPTION AGREEMENT

 

RECITALS

 

A.          The Board has adopted the Plan
for the purpose of retaining the services of selected Employees, non-employee members of the Board or the Board of Directors of
any Parent or Subsidiary and consultants and other independent advisors in the service of the Corporation (or any Parent or Subsidiary).

 

B.          Optionee is to render valuable
services to the Corporation (or a Parent or Subsidiary), and this Agreement is executed pursuant to, and is intended to carry out
the purposes of, the Plan in connection with the Corporation’s grant of an option to Optionee.

 

C.          All capitalized terms in this
Agreement shall have the meaning assigned to them in the attached Appendix.

 

NOW, THEREFORE, it is hereby agreed as follows:

 

1.           Grant of Option. The Corporation
hereby grants to Optionee, as of the Grant Date, an option to purchase up to the number of Option Shares specified in the Grant
Form. The Option Shares shall be purchasable from time to time during the option term specified in Paragraph 2 at the Exercise
Price.

 

2.           Option Term. This option
shall have a term commencing on the Grant Date and shall accordingly expire at the close of business on the Expiration Date, unless
sooner terminated in accordance with Paragraph 5 or 6.

 

3.          Limited Transferability.
During Optionee’s lifetime, this option shall be exercisable only by Optionee and shall not be assignable or transferable
other than by will or by the laws of descent and distribution following Optionee’s death.

 

4.          Dates of Exercise. This
option shall become exercisable for the Option Shares in one or more installments as specified in the Grant Form. As the option
becomes exercisable for such installments, those installments shall accumulate and the option shall remain exercisable for the
accumulated installments until the Expiration Date or sooner termination of the option term under Paragraph 5 or 6.

 

5.          Cessation of Service.
Except as provided in the Grant Form or the Plan, the option term specified in Paragraph 2 shall terminate (and this option shall
cease to be outstanding) prior to the Expiration Date should the Optionee cease to remain in Service as provided in the Plan. Except
as provided in the Grant Form or the Plan, during the limited period of post-Service exercisability, this option may not be exercised
in the aggregate for more than the number of Option Shares in which Optionee is, at the time of Optionee’s cessation of Service,
vested pursuant to the Vesting Schedule specified in the Grant Form. Upon the expiration of such limited exercise period or (if
earlier) upon the Expiration Date, this option shall terminate and cease to be outstanding for any vested Option Shares for which
the option has not been exercised. To the extent Optionee is not vested in the Option Shares at the time of Optionee’s cessation
of Service, this option shall immediately terminate and cease to be outstanding with respect to those shares. In the event of a
Corporate Transaction, the provisions of Paragraph 6 shall govern the period for which this option is to remain exercisable following
Optionee’s cessation of Service and shall supersede any provisions to the contrary in this paragraph.

 

    	A-1

    	 

    

 

6.           Corporate Transaction

 

(a)          The vesting provisions set forth
in the Grant Form shall apply in the event of a Corporate Transaction (as defined in the appendix to this Agreement).

 

(b)          Any unvested option shall immediately
vest in its entirety effective upon the time immediately prior to the consummation of a Corporate Transaction .

 

(c)          If this option is assumed in
connection with a Corporate Transaction, then this option shall be appropriately adjusted, immediately after such Corporate Transaction,
to apply to the number and class of securities which would have been issuable to Optionee in consummation of such Corporate Transaction
had the option been exercised immediately prior to such Corporate Transaction, and appropriate adjustments shall also be made to
(i) the number and class of securities available for issuance under the Plan following the consummation of such Corporate Transaction
and (ii) the Exercise Price, provided, the aggregate Exercise Price shall remain the same.

 

(d)          This Agreement shall not in
any way affect the right of the Corporation to adjust, reclassify, reorganize or otherwise change its capital or business structure
or to merge, consolidate, dissolve, liquidate or sell or transfer all or any part of its business or assets.

 

7.          Adjustment in Option Shares.
Should any change be made to the Common Stock by reason of any stock split, stock dividend, recapitalization, combination of shares,
exchange of shares or other change affecting the outstanding Common Stock as a class without the Corporation’s receipt of
consideration, appropriate adjustments shall be made to (i) the total number and/or class of securities subject to this option
and (ii) the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

 

8.          Shareholder Rights. The
holder of this option shall not have any shareholder rights with respect to the Option Shares until such person shall have exercised
the option, paid the Exercise Price and become a holder of record of the purchased shares.

 

9.          Manner of Exercising Option.

 

(a)         In order to exercise this option
with respect to all or any part of the Option Shares for which this option is at the time exercisable, Optionee (or any other person
or persons exercising the option) must take the following actions:

 

(i)          Execute and deliver to the Corporation
a Purchase Agreement for the Option Shares for which the option is exercised.

 

(ii)         Pay the aggregate Exercise
Price for the purchased shares in one or more of the following forms:

 

(A)           cash or check made payable to
the Corporation; or

 

    	A-2

    	 

    

 

(B)           a promissory note payable to
the Corporation, but only to the extent authorized by the Plan Administrator in accordance with Paragraph 13.

 

(C)           in shares of Common Stock held
by Optionee (or any other person or persons exercising the option) for the requisite period necessary to avoid a charge to the
Corporation’s earnings for financial reporting purposes and valued at Fair Market Value on the Exercise Date; or

 

(D)           to the extent the option is
exercised for vested Option Shares, through a special sale and remittance procedure pursuant to which Optionee (or any other person
or persons exercising the option) shall concurrently provide irrevocable instructions (a) to a Corporation-designated brokerage
firm to effect the immediate sale of the purchased shares and remit to the Corporation, out of the sale proceeds available on the
settlement date, sufficient funds to cover the aggregate Exercise Price payable for the purchased shares plus all applicable Federal,
state and local income and employment taxes required to be withheld by the Corporation by reason of such exercise and (b) to the
Corporation to deliver the certificates for the purchased shares directly to such brokerage firm in order to complete the sale.

 

Except to the extent
the sale and remittance procedure is utilized in connection with the option exercise, payment of the Exercise Price must accompany
the Purchase Agreement delivered to the Corporation in connection with the option exercise.

 

(iii)          Furnish to the Corporation
appropriate documentation that the person or persons exercising the option (if other than Optionee) have the right to exercise
this option.

 

(iv)         Execute and deliver to the
Corporation such written representations as may be requested by the Corporation in order for it to comply with the applicable requirements
of Federal and state securities laws.

 

(v)           Make appropriate arrangements
with the Corporation (or Parent or Subsidiary employing or retaining Optionee) for the satisfaction of all federal, state and local
income and employment tax withholding requirements applicable to the option exercise.

 

(b)          As soon as practical after the
Exercise Date, the Corporation shall issue to or on behalf of Optionee (or any other person or persons exercising this option)
a certificate for the purchased Option Shares, with the appropriate legends affixed thereto.

 

(c)          In no event may this option
be exercised for any fractional shares.

 

10.         Compliance with Laws and
Regulations.

 

(a)          The exercise of this option
and the issuance of the Option Shares upon such exercise shall be subject to compliance by the Corporation and Optionee with all
applicable requirements of law relating thereto and with all applicable regulations of any stock exchange (or the NASDAQ National
Market, if applicable) on which the Common Stock may be listed for trading at the time of such exercise and issuance.

 

(b)          The inability of the Corporation
to obtain approval from any regulatory body having authority deemed by the Corporation to be necessary to the lawful issuance and
sale of any Common Stock pursuant to this option shall relieve the Corporation of any liability with respect to the non-issuance
or sale of the Common Stock as to which such approval shall not have been obtained. The Corporation, however, shall use its best
efforts to obtain all such approvals.

 

    	A-3

    	 

    

 

11.          Successors and Assigns.
Except to the extent otherwise provided in Paragraphs 3 and 6, the provisions of this Agreement shall inure to the benefit of,
and be binding upon, the Corporation and its successors and assigns and Optionee, Optionee’s assigns and the legal representatives,
heirs and legatees of Optionee’s estate.

 

12.          Notices. Any notice required
to be given or delivered to the Corporation under the terms of this Agreement shall be in writing and addressed to the Corporation
at its principal corporate offices. Any notice required to be given or delivered to Optionee shall be in writing and addressed
to Optionee at the address indicated below Optionee’s signature line on the Grant Form. All notices shall be deemed effective
upon personal delivery or upon deposit in the U.S. mail, postage prepaid and properly addressed to the party to be notified.

 

13.          Financing. The Plan Administrator
may, in its absolute discretion and without any obligation to do so, permit Optionee to pay the Exercise Price for the purchased
Option Shares by delivering a full-recourse, interest-bearing promissory note secured by those Option Shares. The payment schedule
in effect for any such promissory note shall be established by the Plan Administrator in its sole discretion.

 

14.          Construction. This Agreement
and the option evidenced hereby are made and granted pursuant to the Plan and are in all respects limited by and subject to the
terms of the Plan. All decisions of the Plan Administrator with respect to any question or issue arising under the Plan or this
Agreement shall be conclusive and binding on all persons having an interest in this option.

 

15.          Shareholder Approval.
If the Option Shares covered by this Agreement exceed, as of the Grant Date, the number of shares of Common Stock which may be
issued under the Plan as last approved by the shareholders, then this option shall be void with respect to such excess shares,
unless shareholder approval of an amendment sufficiently increasing the number of shares of Common Stock issuable under the Plan
is obtained in accordance with the provisions of the Plan.

 

16.          Additional Terms Applicable
to an Incentive Option. To the extent any option designated in the Grant Form as an Incentive Option would not qualify in whole
or in part for favorable tax treatment as an Incentive Option at the time of exercise, such option may nevertheless be exercised
by the Optionee as a Non-Statutory Option.

 

APPENDIX

 

The following definitions shall be in effect
under the Agreement:

 

		1.	Agreement shall mean this Stock Option Agreement.

 

		2.	Board shall mean the Corporation’s Board
of Directors.

 

		3.	Code shall mean the Internal Revenue Code of 1986,
as amended.

 

		4.	Committee shall mean a committee of two (2) or more non-employee Board members appointed
by the Board to exercise one or more administrative functions under the Plan.

 

    	A-4

    	 

    

 

		5.	Common Stock shall mean the Corporation’s
common stock.

 

		6.	Corporate Transaction shall mean either of the following shareholder approved transactions
to which the Corporation is a party:

 

(a)          a merger or consolidation
in which securities possessing more than fifty percent (50%) of the total combined voting power of the Corporation’s outstanding
securities are transferred to a person or persons different from the persons holding those securities immediately prior to such
transaction, or

 

(b)          the sale, transfer or
other disposition of all or substantially all of the Corporation’s assets in complete liquidation or dissolution of the Corporation.

 

		7.	Corporation shall mean White Mountain Titanium Corporation, a Nevada corporation, and any
successor corporation to all or substantially all of the assets or voting stock of the Corporation which shall by appropriate action
adopt the Plan.

 

		8.	Disability shall mean the inability of the Optionee or the Participant to engage in any
substantial gainful activity by reason of any medically determinable physical or mental impairment and shall be determined by the
Plan Administrator on the basis of such medical evidence as the Plan Administrator deems warranted under the circumstances.

 

		9.	Employee shall mean an individual who is in the employ of the Corporation (or any Parent
or Subsidiary), subject to the control and direction of the employer entity as to both the work to be performed and the manner
and method of performance.

 

		10.	Exercise Date shall mean the date on which the option shall have been exercised in accordance
with Paragraph 9 of the Agreement.

 

		11.	Exercise Price shall mean the exercise price payable per Option Share as specified in the
Grant Form.

 

		12.	Expiration Date shall mean the date on which the option expires as specified in the Grant
Form.

 

		13.	Fair Market Value per share of Common Stock on any relevant date shall be determined in
accordance with the following provisions:

 

(a)          If the Common Stock is at
the time traded on the NASDAQ National Market, then the Fair Market Value shall be the closing selling price per share of Common
Stock on the date in question, as such price is reported by the National Association of Securities Dealers on the NASDAQ National
Market or any successor system. If there is no closing selling price for the Common Stock on the date in question, then the Fair
Market Value shall be the closing selling price on the last preceding date for which such quotation exists.

 

(b)          If the Common Stock is
at the time listed on any Stock Exchange, then the Fair Market Value shall be the closing selling price per share of Common Stock
on the date in question on the Stock Exchange determined by the Plan Administrator to be the primary market for the Common Stock,
as such price is officially quoted in the composite tape of transactions on such exchange. If there is no closing selling price
for the Common Stock on the date in question, then the Fair Market Value shall be the closing selling price on the last preceding
date for which such quotation exists.

 

    	A-5

    	 

    

 

(c)          If the Common Stock is
at the time neither listed on any Stock Exchange nor traded on the NASDAQ National Market, then the Fair Market Value shall be
determined by the Plan Administrator after taking into account such factors as the Plan Administrator shall deem appropriate.

 

		14.	Grant Date shall mean the date of grant of the
option as specified in the Grant Form.

 

		15.	Grant Form shall mean the Grant of Stock Option accompanying the Agreement, pursuant to
which Optionee has been informed of the basic terms of the option evidenced hereby.

 

		16.	Incentive Option shall mean an option which satisfies the requirements of Code Section 422.

 

		17.	Involuntary Termination shall mean the termination of the Service of any individual which
occurs by reason of :

 

(a)          such individual’s
involuntary dismissal or discharge by the Corporation for reasons other than Misconduct, or

(b)          such individual’s
voluntary resignation following (A) a change in his or her position with the Corporation which materially reduces his or her level
of responsibility, (B) a reduction in his or her level of compensation (including base salary, fringe benefits and target bonuses
under any corporate performance based bonus or incentive programs) by more than fifteen percent (15%), or (C) a relocation of such
individual’s place of employment by more than fifty (50) miles, provided and only if such change, reduction or relocation
is effected without the individual’s consent.

 

The Plan Administrator shall
be entitled to revise the definition of Involuntary Termination and Misconduct with respect to individual Optionees or Participants
under the Plan.

 

		18.	Misconduct shall mean (i) the final conviction of Employee of, or Employee’s plea
of guilty or nolo contendere to, any felony involving moral turpitude, (ii) fraud, misappropriation or embezzlement by Employee
in connection with Employee’s duties to the Corporation (or any Parent of Subsidiary), or (iii) Employee’s willful
failure or gross misconduct in the performance of his duties to the Corporation (or any Parent or Subsidiary).

 

		19.	1934 Act shall mean the Securities Exchange Act
of 1934, as amended.

 

		20.	Non-Statutory Option shall mean an option not intended to satisfy the requirements of Code
Section 422.

 

		21.	Option Shares shall mean the number of shares of Common Stock subject to the option.

 

		22.	Optionee shall mean the person to whom the option is granted as specified in the Grant Form.

 

		23.	Parent shall mean any corporation (other than the Corporation) in an unbroken chain of corporations
ending with the Corporation, provided each corporation in the unbroken chain (other than the Corporation) owns, at the time of
the determination, stock possessing fifty percent (50%) or more of the total combined voting power of all classes of stock in one
of the other corporations in such chain.

 

    	A-6

    	 

    

 

		24.	Plan shall mean the Corporation’s 2010 Stock
Option/Stock Issuance Plan.

 

		25.	Plan Administrator shall mean either the Board or the Committee of the Board acting in its
capacity as administrator of the Plan.

 

		26.	Purchase Agreement shall mean the stock purchase agreement in substantially the form of
Exhibit B to the Grant Form.

 

		27.	Service shall mean the provision of services to the Corporation (or any Parent or Subsidiary)
by a person in the capacity of an Employee, a non-employee member of the board of directors or a consultant or independent advisor,
except to the extent otherwise specifically provided in the documents evidencing the option grant.

 

		28.	Stock Exchange shall mean the American Stock Exchange or the New York Stock Exchange.

 

		29.	Subsidiary shall mean any corporation (other than the Corporation) in an unbroken chain
of corporations beginning with the Corporation, provided each corporation (other than the last corporation) in the unbroken chain
owns, at the time of the determination, stock possessing fifty percent (50%) or more of the total combined voting power of all
classes of stock in one of the other corporations in such chain.

 

		30.	Vesting Schedule shall mean the vesting schedule specified in the Grant Form pursuant to
which the Optionee is to vest in the Option Shares in a series of installments over his or her period of Service.

 

    	A-7Exhibit 10.3

 

SCRIPT PURCHASE
AGREEMENT

 

This Agreement
made on November 30, 2012 (the "Effective Date") by and between BLVD Holdings, Inc. ("Script Owner")
and Lusso Media, Inc. ("Buyer").

 

RECITALS

 

A. Script Owner
is the sole and exclusive owner throughout the world of all rights in and to the literary work entitled: "Drunken Highway"
written by BLVD Holdings, Inc. this work including all adaptations and/or versions, the titles, characters, plots, themes
and story line is collectively referred to as the "Script"; and

 

B. Buyer desires
to acquire certain rights of the Script Owner in consideration for the purchase price provided herein and in reliance upon the
Script Owner's representations and warranties;

 

NOW, THEREFORE, the parties agree
to as follows:

 

1. RIGHTS GRANTED: Script Owner hereby
sells, grants, conveys and assigns to Buyer, its successors, licensees and assigns exclusively and forever, all motion picture
rights (including all silent, sound dialogue and musical motion picture rights), all television motion picture and other television
rights, together with limited radio broadcasting rights and publication rights for advertisement, publicity and exploitation purposes,
and certain incidental and allied rights, throughout the world, in and to the Script and in and to the copyright thereof and all
renewals and extensions of copyright. Included among the rights granted to Buyer hereunder (without in any way limiting the grant
of rights hereinabove made) are the following sole and exclusive rights throughout the world:

 

(a) To make, produce, adapt and copyright
one or more motion picture adaptations or versions, whether fixed on film, tape, disc, wire, audio-visual cartridge, cassette
or through any other technical process whether now known or hereafter devised, based in whole or in part on the Script, of every
size, gauge, color or type, including, but not limited to, musical motion pictures and remakes of and sequels to any motion picture
produced hereunder and motion pictures in series or serial form, and for such purposes to record and reproduce and license others
to record and reproduce, in synchronization with such motion pictures, spoken words taken from or based upon the text or theme
of the Script and any and all kinds of music, musical accompaniments and/or lyrics to be performed or sung by the performers in
any such motion picture and any and all other kinds of sound and sound effects.

 

    	 

    	 

    

 

(b) To exhibit, perform, rent, lease
and generally deal in and with any motion picture produced hereunder:

 

(i) by all means or technical processes
whatsoever, whether now known or hereafter devised including, by way of example only, film, tape, disc, wire, audio-visual cartridge,
cassette or television (including commercially sponsored, sustaining and subscription or pay-per-view television, or any derivative
thereof); and

 

(ii) in any place whatsoever, including
homes, theaters and elsewhere, and whether or not a fee is charged, directly or indirectly, for viewing any such motion picture.

 

(c) To broadcast, transmit or reproduce
the Script or any adaptation or version thereof (including without limitations to, any motion picture produced hereunder and/or
any script or other material based on or utilizing the Script or any of the characters, themes or plots thereof), by means of
television or any process analogous thereto whether now known or hereafter devised (including commercially sponsored, sustaining
and subscription or pay-per-view television), through the use of motion pictures produced on films or by means of magnetic tape,
wire, disc, audio-visual cartridge or any other device now known or hereafter devised and including such television productions
presented in series or serial form, and the exclusive right generally to exercise for television purposes all the rights granted
to Buyer hereunder for motion picture purposes.

 

(d) Without limiting any other rights
granted Buyer, to broadcast and/or transmit by television or radio or any process analogous thereto whether now known or hereafter
devised, all or any part of the Script or any adaptation or version thereof, including any motion picture or any other version
or versions thereof, and announcements pertaining to said motion picture or other version or versions, for the purpose of advertising,
publicizing or exploiting such motion picture or other version or versions, which broadcasts or transmissions may be accomplished
through the use of living actors performing simultaneously with such broadcast or transmission or by any other method or means
including the use of motion pictures (including trailers) reproduced on film or by means of magnetic tape or wire or through the
use of other recordings or transcriptions.

 

(e) To publish and copyright or cause
to be published and copyrighted in the name of Buyer or its nominee in any and all languages throughout the world, in any form
or media, synopses, novelizations, serializations, dramatizations, abridged and/or revised versions of the Script, not exceeding
N/A words each, adapted from the Script or from any motion picture and/or other version of the Script for the purpose of
advertising, publicizing and/or exploiting any such motion picture and/or other version.

 

    	 

    	 

    

 

(f) For the foregoing purposes to
use all or any part of the Script and any of the characters, plots, themes and/or ideas contained therein, and the title of the
Script and any title or subtitle of any component of the Script, and to use said titles or subtitles for any motion picture or
other version of adaptation whether or not the same is based on or adapted from the Script and/or as the title of any musical
composition contained in any such motion picture or other version or adaptation.

 

(g) To use and exploit commercial
or merchandise tie-ups and recordings of any sort and nature arising out of or connected with the Script and/or its motion picture
or other versions and/or the title or titles thereof and/or the characters thereof and/or their names or characteristics.

 

All rights, licenses, privileges and
property herein granted Buyer shall be cumulative and Buyer may exercise or use any or all said rights, licenses, privileges or
property simultaneously with or in connection with or separately and apart from the exercise of any other of said rights, licenses,
privileges and property. If Script Owner hereafter makes or publishes or permits to be made or published any revision, adaptation,
sequel, translation or dramatization or other versions of the Script, then Buyer shall have and Script Owner hereby grants to
Buyer without payment therefor all of the same rights therein as are herein granted Buyer. The terms "Picture" and "Pictures"
as used herein shall be deemed to mean or include any present or future kind of motion picture production based upon the Script,
with or without sound recorded and reproduced synchronously therewith, whether the same is produced on film or by any other method
or means now or hereafter used for the production, exhibition and/or transmission of any kind of motion picture productions.

 

2. RIGHTS RESERVED: The following
rights are reserved to Script Owner for Script Owner's use and disposition, subject, however, to the provisions of this agreement:

 

(a) Publication Rights: The right
to publish and distribute printed versions of the Script owned or controlled by Script Owner in book form, whether hardcover or
soft-cover, and in magazine or other periodicals, whether in installments or otherwise subject to Buyer's rights as provided for
in Section 1, supra.

 

(b) Stage Rights: The right to perform
the Script or adaptations thereof on the spoken stage with actors appearing in person in the immediate presence of the audience,
provided no broadcast, telecast, recording, photography or other reproduction of such performance is made. Script Owner agrees
not to exercise, or permit any other person to exercise, said stage rights earlier than five (5) years after the first general
release or telecast, if earlier, of the first Picture produced hereunder, or seven (7) years after the date of exercise of the
purchaser's option to acquire the property, whichever is earlier.

 

    	 

    	 

    

  

(c) Radio Rights: The right to broadcast
the Script by sound (as distinguished from visually) by radio, subject however to Buyer's right at all times to: (i) exercise
its radio rights provided in Section 1 supra for advertising and exploitation purposes by living actors or otherwise, by the use
of excerpts from or condensations of the Script or any Picture produced hereunder; and (ii) in any event to broadcast any Picture
produced hereunder by radio. Script Owner agrees not to exercise, or permit any other person to exercise, Script Owner's radio
rights earlier than five (5) years after the first general release or initial telecast, if earlier, of the first Picture produced
hereunder or seven (7) years after the date of exercise of purchaser's option to acquire the property, whichever is earlier.

 

(d) Author-Written Sequel: A literary
property (story, novel, drama or otherwise), whether written before or after the Script and whether written by Script Owner or
by a successor in interest of Script Owner, using one or more of the characters appearing in the Script, participating in different
events from those found in the Script, and whose plot is substantially different from that of the Script. Script Owner shall have
the right to exercise publication rights (i.e., in book or magazine form) at any time. Script Owner agrees not to exercise, or
permit any other person to exercise, any other rights (including but not limited to motion picture or allied rights) of any kind
in or to any author-written sequel earlier than five (5) years after the first general release of the first Picture produced hereunder,
or seven (7) years after the date of exercise of purchaser's option to acquire the property, whichever is earlier, provided such
restriction on Script Owner's exercise of said author-written sequel rights shall be extended to any period during which there
is in effect, in any particular country or territory, a network television broadcasting agreement for a television motion picture,
(i) based upon the Script, or (ii) based upon any Picture produced in the exercise of rights assigned herein, or (iii) using a
character or characters of the Script, plus one (1) year, which shall also be a restricted period in such country or territory,
whether or not such period occurs wholly or partly during or entirely after the 5/7 year period first referred to in this clause.

 

(e) Inasmuch as the characters of
the Script are included in the exclusive grant of motion picture rights to Buyer, no sequel rights or television series rights
may be granted to such other person or company, but such characters from the Script which are contained in the author-written
sequel may be used in a motion picture and remakes thereof whose plot is based substantially on the plot of the respective author-written
sequel.

 

It is expressly agreed that Script
Owner's reserved rights under this Section relate only to material written or authorized by Script Owner and not to any revision,
adaptation, sequel, translation or dramatization written or authorized by Buyer, even though the same may contain characters or
other elements contained in the Script.

 

    	 

    	 

    

 

3. EXTENT OF RIGHTS GRANTED: Buyer
shall enjoy, solely and exclusively, all the rights licenses, privileges and property granted hereunder throughout the world,
in perpetuity, as long as any rights in the Script are recognized in law or equity, except insofar as such period of perpetuity
may be shortened due to any now existing or future copyright by Script Owner of the Script and/or any adaptations thereof, in
which case Buyer shall enjoy its sole and exclusive rights, licenses, privileges and property hereunder to the fullest extent
permissible under and for the full duration of such copyright or copyrights, whether common law or statutory, and any and all
renewals and/or extensions thereof, and shall thereafter enjoy all such rights, licenses, privileges and property non-exclusively
in perpetuity throughout the world. The rights granted herein are in addition to and shall not be construed in derogation of any
rights which Buyer may have as a member of the public or pursuant to any other agreement. All rights, licenses, privileges and
property granted herein to Buyer are irrevocable and not subject to rescission, restraint or injunction under any circumstances.

 

4. CHANGES: Script Owner agrees that
Buyer shall have the unlimited right to vary, change, alter, modify, add to and/or delete from the Script, and to rearrange and/or
transpose the Script and change the sequence thereof and the characters and descriptions of the characters contained in the Script,
and to use a portion or portions of the Script or the characters, plots, or theme thereof in conjunction with any other literary,
dramatic or other material of any kind. Script Owner hereby waives the benefits of any provisions of law known as the "droit
moral" or any similar law in any country of the world and agrees not to permit or prosecute any action or lawsuit on the
ground that any Picture or other version of the Script produced or exhibited by Buyer, its assignees or licensees, in any way
constitutes an infringement of any of the Script Owner's droit moral or is in any way a defamation or mutilation of the Script
or any part thereof or contains unauthorized variations, alterations, modifications, changes or translations.

 

5. CONSIDERATION: As consideration
for all rights granted and assigned to Buyer and for owner's representations and warranties, Buyer agrees to pay to Script Owner,
and Script Owner agrees to accept $5,000. USD for all the rights granted including the production of one or more theatrical
or television motion pictures.

 

6. REPRESENTATIONS AND WARRANTIES:

 

(a) Sole Proprietor: Script Owner
represents and warrants to Buyer that Script Owner is the sole and exclusive proprietor, throughout the universe, of that certain
original literary material written by Script Owner entitled "How did I get here?"

 

(b) Facts: Script Owner represents
and warrants to Buyer as follows:

 

    	 

    	 

    

 

(i) Script Owner is the sole author
and creator of the Script.

 

(ii) The Script is unpublished

 

(iii) No motion picture or dramatic
version of the Script, or any part thereof, has been manufactured, produced, presented or authorized; no radio or television development,
presentation, or program based on the Script, or any part thereof, has been manufactured, produced, presented, broadcast or authorized;
and no written or oral agreements or commitments whatsoever with respect to the Script, or with respect to any rights therein,
have been made or entered into by or on behalf of Script Owner.

 

(iv) None of the rights herein granted
and assigned to Buyer have been granted and/or assigned to any person, firm or corporation other than Buyer.

 

(c) No Infringement or Violation of
Third Party Rights: Script Owner represents and warrants to Buyer that Script Owner has not adapted the Script from any other
literary, dramatic or other material of any kind, nature or description, nor, except for material which is in the public domain,
has Script Owner copied or used in the Script the plot, scenes, sequence or story of any other literary, dramatic or other material;
that the Script does not infringe upon any common law or statutory rights in any other literary, dramatic or other material; that
no material contained in the Script is libelous or violative of the right of privacy of any person; that the full utilization
of any and all rights in and to the Script granted by Script Owner pursuant to this Agreement will not violate the rights of any
person, firm or corporation; and that the Script is not in the public domain in any country in the world where copyright protection
is available.

 

(d) No Impairment of Rights: Script
Owner represents and warrants to Buyer that Script Owner is the exclusive proprietor, throughout the universe, of all rights in
and to the Script granted herein to Buyer; that Script Owner has not assigned, licensed or in any manner encumbered, diminished
or impaired any such rights; that Script Owner has not committed or omitted to perform any act by which such rights could or will
be encumbered, diminished or impaired; and that there is no outstanding claim or litigation pending against or involving the title,
ownership and/or copyright in the Script, or in any part thereof, or in any rights granted herein to Buyer. Script Owner further
represents and warrants that no attempt shall be made hereafter to encumber, diminish or impair any of the rights granted herein
and that all appropriate protection of such rights will continue to be maintained by Script Owner.

 

    	 

    	 

    

 

7. INDEMNIFICATION:

 

(a) Script Owner agrees to indemnify
Buyer against all judgments, liability, damages, penalties, losses and expense (including reasonable attorneys' fees) which may
be suffered or assumed by or obtained against Buyer by reason of any breach or failure of any warranty or agreement herein made
by Script Owner.

 

(b) Buyer shall not be liable to Script
Owner for damages of any kind in connection with any Picture it may produce, distribute or exhibit, or for damages for any breach
of this agreement (except failure to pay the money consideration herein specified) occurring or accruing before Buyer has had
reasonable notice and opportunity to adjust or correct such matters.

 

(c) All rights, licenses and privileges
herein granted to Buyer are irrevocable and not subject to rescission, restraint or injunction under any circumstances.

 

8. PROTECTION OF RIGHTS GRANTED: Script
Owner hereby grants to Buyer the free and unrestricted right, but at Buyer's own cost and expense, to institute in the name and
on behalf of Script Owner, or Script Owner and Buyer jointly, any and all suits and proceedings at law or in equity, to enjoin
and restrain any infringements of the rights herein granted, and hereby assigns and sets over to Buyer any and all causes of action
relative to or based upon any such infringement, as well as any and all recoveries obtained thereon. Script Owner will not compromise,
settle or in any manner interfere with such litigation if brought; and Buyer agrees to indemnify and hold Script Owner harmless
from any costs, expenses, or damages which Script Owner may suffer as a result of any such suit or proceeding.

 

9. COPYRIGHT: With respect to the
copyright in and to the Script, Script Owner agrees that:

 

(a) Script Owner will prevent the
Script and any arrangements, revisions, translations, novelizations, dramatizations or new versions thereof whether published
or unpublished and whether copyrighted or uncopyrighted, from vesting in the public domain, and will take or cause to be taken
any and all steps and proceedings required for copyright or similar protection in any and all countries in which the same may
be published or offered for sale, insofar as such countries now or hereafter provide for copyright or similar protection. Any
contract or agreement entered into by Script Owner authorizing or permitting the publication of the Script or any arrangements,
revisions, translations, novelizations, dramatizations or new versions thereof in any country will contain appropriate provisions
requiring such publisher to comply with all the provisions of this clause.

 

(b) Without limiting the generality
of the foregoing, if the Script or any arrangement, revision, translation, novelization, dramatization or new version thereof
is published in the United States or in any other country in which registration is required for copyright or similar protection
in accordance with the laws and regulations of such country, and Script Owner further agrees to affix or cause to be affixed to
each copy of the Script or any arrangement, revision, translation, novelization, dramatization or new version thereof which is
published or offered for sale such notice or notices as may be required for copyright or similar protection in any country in
which such publication or sale occurs.

 

    	 

    	 

    

 

(c) At least six (6) months prior
to the expiration of any copyright required by this provision for the protection of the Script, Script Owner will renew (or cause
to be renewed) such copyright, as permitted by applicable law, and any and all rights granted Buyer hereunder shall be deemed
granted to Buyer throughout the full period of such renewed copyright, without the payment of any additional consideration, it
being agreed that the consideration payable to Script Owner under this agreement shall be deemed to include full consideration
for the grant of such rights to Buyer throughout the period of such renewed copyright.

 

(d) If the Script, or any arrangement,
revision, translation, novelization, dramatization or new version thereof, shall ever enter the public domain, then nothing contained
in this agreement shall impair any rights or privileges that the Buyer might be entitled to as a member of the public; thus, the
Buyer may exercise any and all such rights and privileges as though this agreement were not in existence. The rights granted herein
by Script Owner to Buyer, and the representations, warranties, undertakings and agreements made hereunder by Script Owner shall
endure in perpetuity and shall be in addition to any rights, licenses, privileges or property of Buyer referred to in this Section
(d).

 

    	 

    	 

    

 

(e) All rights granted or agreed to
be granted to Buyer under this Agreement shall be irrevocably vested in Buyer and shall not be subject to rescission by Script
Owner or any other party for any cause, nor shall said rights be subject to termination or reversion by operation of law or otherwise,
except to the extent, if any, that the provisions of any copyright law or similar law relating to the right to terminate grants
of, or recapture rights in, literary property may apply. If, pursuant to any such copyright law or similar law, Script Owner or
any successor or any other legally designated party (all herein referred to as "the terminating party") becomes entitled
to exercise any right to reversion, recapture or termination ( the "termination right") with respect to all or any part
of the rights granted or to be granted under this Agreement, and if the terminating party exercises said termination right with
respect to all or part of said rights (the "recaptured rights"), then from and after the date on which the terminating
party has the right to transfer to a third party all or part of the recaptured rights, Buyer shall have the first right to purchase
and acquire the recaptured rights from the terminating party. If the terminating party is prepared to accept a bona fide offer
from a third party with respect to all or part of the recaptured rights, then in each such instance the terminating party shall
notify Buyer of such offer which the terminating party is prepared to accept and the name of the third party who made the offer
to the terminating party, and the terminating party shall offer Buyer the right to enter into an agreement with the terminating
party with respect to the recaptured rights on the aforesaid terms and conditions. Buyer shall have 30 days from the date of its
receipt of such written offer within which to notify the terminating party of its acceptance of such offer (provided, however,
the Buyer shall not be required to meet any terms or conditions which cannot be as easily met by one person as another, including,
without limitation, the employment of a specified person, etc.) If Buyer shall acquire from the terminating party all or part
of the recaptured rights, then the terminating party agrees to enter into appropriate written agreements with Buyer covering said
acquisition. If Buyer shall elect not to purchase the recaptured rights from the terminating party, then the terminating party
may dispose of said recaptured rights, but only to the aforesaid third party and only upon the terms and conditions specified
in the aforesaid written notice given by the terminating party to Buyer, it being understood and agreed that the terminating party
may not dispose of said recaptured rights either to: (a) any other proposed transferee; or (b) upon terms and conditions which
are more favorable to any transferee than the terms and conditions previously offered to Buyer hereunder, without again offering
to enter into an agreement with Buyer on: (i) the terms offered to such other transferee; or (ii) such more favorable terms and
conditions offered to said proposed transferee, whichever of (a) or (b) shall apply. Any such required offer made to Buyer by
the terminating party shall be governed by the procedure set forth in the preceding four sentences of this Paragraph. The unenforceability
of any portion of this Paragraph shall not invalidate or affect the remaining portions of this Paragraph of this Agreement.

 

10. CREDIT OBLIGATIONS: Buyer shall
have the right to publish, advertise, announce and use in any manner or medium, the name, biography and photographs or likenesses
of Script Owner in connection with any exercise by Buyer of its rights hereunder, provided such use shall not constitute an endorsement
of any product or service.

 

During the term of the Writer's Guild
of America Minimum Basic Agreement ("WGA Agreement"), as it may be amended, the credit provisions of the WGA Agreement
shall govern the determination of credits, if any, which the Buyer shall accord the Script Owner hereunder in connection with
photoplays. If the Buyer or his assignee is not a party to said WGA Agreement, the provisions of the WGA Agreement shall no longer
directly govern the determination of such credits, and when the WGA Agreement or any amendment is not effective as between the
Buyer or assignee and Writer's Guild of America, such credits shall be determined with reference to the Credit rules of the WGA,
with any dispute arbitrated by the American Arbitration Association.

 

Subject to the foregoing, Script Owner
shall be accorded the following credit on a single card on screen and in paid ads controlled by Buyer and in which any other writer
is accorded credit, and in size of type (as to height, width, thickness and boldness) equal to the largest size of type in which
any other writer is accorded credit:

 

    	 

    	 

    

 

WRITTEN BY ANN COURTNEY/BLVD HOLDINGS
INC

 

Additionally, if Buyer shall exploit
any other rights in and to the Script, then Buyer agrees to give appropriate source material credit to the Script, to the extent
that such source material credits are customarily given in connection with the exploitation of such rights.

 

No casual or inadvertent failure to
comply with any of the provisions of this clause shall be deemed a breach of this agreement by the Buyer. Script Owner hereby
expressly acknowledges that in the event of a failure or omission constituting a breach of the provisions of this paragraph, the
damage (if any) caused Script Owner thereby is not irreparable or sufficient to entitle Script Owner to injunctive or other equitable
relief. Consequently, Script Owner's rights and remedies in the event of such breach shall be limited to the right to recover
damages in an action at law.

 

11. RIGHT OF FIRST NEGOTIATION: Buyer
shall have a right of first negotiation on all Reserved Rights. The term "Right of First Negotiation" means that if,
after the expiration of an applicable time limitation, Script Owner desires to dispose of or exercise a particular right reserved
to Script Owner herein ("Reserved Right"), whether directly or indirectly, then Script Owner shall notify Buyer in writing
and immediately negotiate with Buyer regarding such Reserved Right. If, after the expiration of thirty (30) days following the
receipt of such notice, no agreement has been reached, then Script Owner may negotiate with third parties regarding such Reserved
Right subject to Section 12 infra.

 

12. RIGHT OF LAST REFUSAL: The Buyer
shall have a right of last refusal on all Reserved Rights. The term "Right of Last Refusal" means that if Buyer and
Script Owner fail to reach an agreement pursuant to Buyer's right of first negotiation, and Script Owner makes and/or receives
any bona fide offer to license, lease and/or purchase the particular Reserved Right or any interest therein ("Third Party
Offer"), and if the proposed purchase price and other material terms of a Third Party Offer are no more favorable to Script
Owner than the terms which were acceptable to Buyer during the first negotiation period, Script Owner shall notify Buyer, by registered
mail or telegram, if Script Owner proposes to accept such Third Party Offer, the name of the offerer, the proposed purchase price,
and other terms of such Third Party Offer. During the period of thirty (30) days after Buyer's receipt of such notice, Buyer shall
have the exclusive option to license, lease and/or purchase, as the case may be, the particular Reserved Right or interest referred
to in such Third Party Offer, at the same purchase price and upon the same terms and conditions as set forth in such notice. If
Buyer elects to exercise thereof by registered mail or telegram within such thirty (30) day period, failing which Script Owner
shall be free to accept such Third Party Offer; provided that if any such proposed license, lease and/or sale is not consummated
with a third party within thirty (30) days following the expiration of the aforesaid thirty (30) day period, Buyer's Right of
Last Refusal shall revive and shall apply to each and every further offer or offers at any time received by Script Owner relating
to the particular Reserved Right or any interest therein; provided, further, that Buyer's option shall continue in full force
and effect, upon all of the terms and conditions of this paragraph, so long as Script Owner retains any rights, title or interests
in or to the particular Reserved Right. Buyer's Right of Last Refusal shall inure to the benefit of Buyer, its successors and
assigns, and shall bind Script Owner and Script Owner's heirs, successors and assigns.

 

    	 

    	 

    

 

13. NO OBLIGATION TO PRODUCE: Nothing
herein shall be construed to obligate Buyer to produce, distribute, release, perform or exhibit any motion picture, television,
theatrical or other production based upon, adapted from or suggested by the Script, in whole or in part, or otherwise to exercise,
exploit or make any use of any rights, licenses, privileges or property granted herein to Buyer.

 

14. PUBLICITY: Script Owner will not,
without Buyer's prior written consent in each instance, issue or authorize the issuance or publication of any news story or publicity
relating to (i) this Agreement, (ii) the subject matter or terms hereof, or to any use by Buyer, its successors, licensees and
assigns, and (iii) any of the rights granted Buyer hereunder.

 

15. AGENT COMPENSATION: Buyer shall
not be liable for any compensation or fee to any agent of Script Owner in connection with this Agreement.

 

16. ADDITIONAL DOCUMENTATION: Script
Owner agrees to execute and procure any other and further instruments necessary to transfer, convey, assign and copyright all
rights in the Script granted herein by Script Owner to Buyer in any country throughout the world. If it shall be necessary under
the laws of any country that copyright registration be acquired in the name of Script Owner, Buyer is hereby authorized by Script
Owner to apply for said copyright registration thereof; and, in such event, Script Owner shall and does hereby assign and transfer
the same unto Buyer, subject to the rights in the Script reserved hereunder by Script Owner. Script Owner further agrees, upon
request, to duly execute, acknowledge, procure and deliver to Buyer such short form assignments as may be requested by Buyer for
the purpose of copyright recordation in any country, or otherwise. If Script Owner shall fail to so execute and deliver, or cause
to be executed and delivered, the assignments or other instruments herein referred to, Buyer is hereby irrevocably granted the
power coupled with an interest to execute such assignments and instruments in the name of Script Owner and as Script Owner's attorney-in-fact.

 

    	 

    	 

    

 

17. NOTICES: All notices to Buyer
under this agreement shall be sent by United States registered mail, postage prepaid, or by telegram addressed to Buyer at 1201
Orange St, Ste 600, Wilmington, Delaware 19801 and all notices to Script Owner under this agreement shall be sent by United States
registered mail, postage prepaid, or by telegram addressed to 3500 West Olive Avenue, 3rd Floor, Burbank, CA 91505. The deposit
of such notice in the United States mail or the delivery of the telegram message to the telegraph office shall constitute service
thereof, and the date of such deposit shall be deemed to be the date of service of such notice.

 

18. ASSIGNMENT: Buyer may assign and
transfer this agreement or all or any part of its rights hereunder to any person, firm or corporation without limitation, and
this agreement shall be binding upon and inure to the benefit of the parties hereto and their successors, representatives and
assigns forever.

 

19. MISCELLANEOUS:

 

(a) Relationship: This agreement between
the parties does not constitute a joint venture or partnership of any kind.

 

(b) Cumulative Rights and Remedies:
All rights, remedies, licenses, undertakings, obligations, covenants, privileges and other property granted herein shall be cumulative,
and Buyer may exercise or use any of them separately or in conjunction with any one or more of the others.

 

(c) Waiver: A waiver by either party
of any term or condition of this agreement in any instance shall not be deemed or construed to be a waiver of such term or condition
for the future, or any subsequent breach thereof.

 

(d) Severability: If any provision
of this agreement as applied to either party or any circumstances shall be adjudged by a court to be void and unenforceable, such
shall in no way affect any other provision of this agreement, the application of such provision in any other circumstance, or
the validity or enforceability of this agreement.

 

(e) Governing Law: This agreement
shall be construed in accordance with the laws of the State of California applicable to agreements which are executed and fully
performed within said State.

 

(f) Captions: Captions are inserted
for reference and convenience only and in no way define, limit or describe the scope of this agreement or intent of any provision.

 

(g) Entire Understanding: This agreement
contains the entire understanding of the parties relating to the subject matter, and this agreement cannot be changed except by
written agreement executed by the party to be bound.

 

    	 

    	 

    

 

(h) Arbitration: This Agreement shall
be interpreted in accordance with the laws of the State of California, applicable to agreements executed and to be wholly performed
therein. Any controversy or claim arising out of or in relation to this Agreement or the validity, construction or performance
of this Agreement, or the breach thereof, shall be resolved by arbitration in accordance with the rules and procedures of AFMA,
as said rules may be amended from time to time with rights of discovery if requested by the arbitrator. Such rules and procedures
are incorporated and made a part of this Agreement by reference. If AFMA shall refuse to accept jurisdiction of such dispute,
then the parties agree to arbitrate such matter before and in accordance with the rules of the American Arbitration Association
under its jurisdiction in Los Angeles County before a single arbitrator familiar with entertainment law. The parties shall have
the right to engage in pre-hearing discovery in connection with such arbitration proceedings. The parties agree hereto that they
will abide by and perform any award rendered in any arbitration conducted pursuant hereto, that any court having jurisdiction
thereof may issue a judgment based upon such award and that the prevailing party in such arbitration and/or confirmation proceeding
shall be entitled to recover its reasonable attorneys' fees and expenses. The arbitration will be held in Los Angeles, California
and any award shall be final, binding and non-appealable. The Parties agree to accept service of process in accordance with the
AFMA Rules.

 

IN WITNESS WHEREOF, the parties hereto
have signed this Agreement as of the day and year first above written.

 

	Buyer:	 
	 	 
	Lusso Media, Inc.	 
	 	 
	/s/
    David Winters	 
	David Winters, President	 
	 	 
	Script Owner:	 
	 	 
	BLVD Holdings, Inc.	 
	 	 
	/s/
    M. Ann Courtney	 
	M. Ann Courtney, President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00214-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00214-of-00352.parquet"}]]