Document:

EXHIBIT 10.15

                                                      [CR Termination Agreement]

                                Billy Dead, Inc.
                                2312 Lorenzo Dr.
                          Los Angeles, California 90068

                             As of October 15, 2003

Mr. Charles F. Ryan III
2312 Lorenzo Drive
Los Angeles, CA 90068

Dear Mr. Ryan:

      This letter confirms that effective as of the date hereof, you have
resigned as the Chief Executive Officer, Chief Financial Officer and Chairman of
the Board of Billy Dead Inc. (the "Company") but are remaining as a director of
the Company and are continuing to serve as a member of the Audit Committee of
the Board.

      The Company and you have further agreed to sell 144,000 shares of common
stock to Peter Fuhrman pursuant to an agreement between the Company, Mr. Fuhrman
and you, and to sell 6,000 shares of common stock to Peter Read, a new director
of the Company, pursuant to an agreement between the Company, Mr. Read, Julie
Lynn and you.

      We have agreed that notwithstanding your termination of employment under
the Employment Agreement, in consideration of the services performed by you to
date in connection with the formation of the Company and your agreement to
continue assisting the Company in its initial public offering (the "IPO"),
including contributing your financial expertise to participate with and advise
management in the marketing of the Company's offering and the "road show"
process, the Company shall pay to you a fee of $25,000 upon the successful
completion of the IPO and the issuance by the Corporation to investors of the
shares of Series A Preferred Stock registered in the IPO.

      We also acknowledge that the Producer and the Director of the Company's
film (the "Picture") have agreed that in consideration for your work to date and
for your ongoing assistance in the production of the Picture, you will retain
your 1% Participation in the Picture, to become fully vested upon the successful
completion of the IPO, and will receive an "Executive Producer" credit for the
Picture.

      If the following accurately reflects our agreement, please sign below
where indicated and return a copy to us at your earliest convenience.

                                           Very truly yours,
                                           Billy Dead, INC.

                                           /S/ PETER S. FUHRMAN
                                           --------------------
                                           (Peter S. Fuhrman)
                                           President and Chief Executive Officer

ACCEPTED AND AGREED:

/S/ CHARLES F. RYAN III
-----------------------
(Charles F. Ryan III)

                                     II-31EXHIBIT 10.16

                                Billy Dead, Inc.
                                2312 Lorenzo Dr.
                          Los Angeles, California 90068

                             As of October 15, 2003

Mr. Charles F. Ryan III
2312 Lorenzo Drive
Los Angeles, CA 90068

Mr. Peter S. Fuhrman
11925 Wilshire Boulevard, #207
Los Angeles, CA 90025

Gentlemen:

      This letter confirms our agreement regarding the resignation by Charles F.
Ryan III ("Ryan") as Chief Executive Officer/Chief Financial Officer of Billy
Dead, Inc. (the "Company") and his replacement by Peter S. Fuhrman ("Fuhrman"),
and in connection therewith, the transfer by Ryan to Fuhrman of 144,000 shares
of Common Stock of the Company (the "Shares") in consideration of the amount of
$144.00.

      We have agreed as follows:

      1.    Notwithstanding the provisions of Section 10 of the Employment
            Agreement dated as of December 1, 2003 between the Company and Ryan,
            the parties have agreed that effective immediately, Ryan has sold
            the Shares to Fuhrman in consideration of the amount of $144. The
            Company hereby consents to the transfer of the Shares to Fuhrman.
            Ryan will promptly deliver to the Company his original stock
            certificate No. 7 representing the Shares, together with a stock
            power authorizing the transfer of the Shares to Fuhrman. The Company
            will promptly issue a replacement certificate for Fuhrman for the
            Shares, containing the appropriate restrictive legends previously
            appearing on Certificate No. 7.

      2.    Fuhrman agrees that his ownership of the shares purchased from Ryan,
            and the Company's ability to repurchase such shares, will be subject
            to the Employment Agreement dated as of the date hereof between the
            Company and Mr. Fuhrman.

      If the following accurately reflects our agreement, please sign below
where indicated and return a copy to us at your earliest convenience.

                                            Very truly yours,
                                            Billy Dead, INC.

                                            /S/ JULIE LYNN
                                            --------------
                                            (Julie Lynn)
                                            Vice President and Secretary

ACCEPTED AND AGREED:

/S/ CHARLES F. RYAN III
-----------------------
(Charles F. Ryan III)

/S/ PETER S. FUHRMAN
--------------------
(Peter S. Fuhrman)

                                     II-32EXHIBIT 10.17

                                Billy Dead, Inc.
                                2312 Lorenzo Dr.
                          Los Angeles, California 90068

                             As of October 15, 2003

Mr. Charles F. Ryan III
2312 Lorenzo Drive
Los Angeles, CA 90068

Mr. Peter Read
2312 Lorenzo Drive
Los Angeles, CA 90068

Gentlemen:

      This letter confirms our agreement regarding Peter Read's joining the
Board of Directors of Billy Dead, Inc. (the "Company"), and in connection
therewith, the transfer by Charles F. Ryan III to Mr. Read of 6,000 shares of
Common Stock of the Company in consideration of the amount of $6.00 and the
transfer by Julie Lynn to Mr. Read of 30,000 shares of Common Stock of the
Company in consideration of the amount of $30.00.

      We have agreed as follows:

      3.    Effective as of the date hereof, Mr. Read has become a director of
            the Company and a member of the Compensation Committee of the Board
            of Directors of the Company (the "Board"), pursuant to the actions
            of the Board by Unanimous Written Consent dated as of the date
            hereof.

      4.    Mr. Ryan has agreed to sell to Mr. Read 6,000 shares of Common Stock
            for the aggregate consideration of $6.00, the same price Mr. Ryan
            paid the Company for the original issuance of such shares to him in
            December 2002 (prior to a stock split and recapitalization in
            February 2003). The Company hereby consents to his transfer of the
            shares to Mr. Read. Mr. Ryan will promptly deliver to the Company
            his original stock certificate No. 4 representing the 114,000 shares
            of Common Stock initially issued to him, together with a stock power
            or an endorsement of the reverse side of such stock certificate
            authorizing the transfer of 6,000 shares to Mr. Read. The Company
            will promptly issue replacement certificates for Mr. Read and Mr.
            Ryan for 6,000 shares and 108,000 shares, respectively, containing
            the appropriate restrictive legends previously appearing on
            Certificate No. 4.

      5.    Ms. Lynn has agreed to sell to Mr. Read 30,000 shares of Common
            Stock for the aggregate consideration of $30.00, the same price Ms.
            Lynn paid the Company for the original issuance of such shares to
            her in December 2002 (prior to a stock split and recapitalization in
            February 2003). The Company hereby consents to her transfer of the
            shares to Mr. Read. Ms. Lynn will promptly deliver to the Company
            her original stock certificate No. 5 representing the 30,000 shares
            of Common Stock initially issued to her, together with a stock power
            or an endorsement of the reverse side of such stock certificate
            authorizing the transfer of 30,000 shares to Mr. Read. The Company
            will promptly issue a replacement certificate for Mr. Read for
            30,000 shares and containing the appropriate restrictive legends
            previously appearing on Certificate No. 5.

                                     II-33
<PAGE>

      6.    Mr. Read agrees that his ownership of the shares purchased from Mr.
            Ryan and Ms. Lynn, and the Company's ability to repurchase such
            shares, will be subject to the Agreement regarding Board
            Directorship dated as of the date hereof between the Company and Mr.
            Read.

      7.    The Company and Mr. Ryan agree that the Agreement regarding Board
            Directorship dated as of December 1, 2002 between the Company and
            Mr. Ryan is hereby amended to provide that the "Shares" referred to
            therein now means the 108,000 shares of Common Stock currently owned
            by Mr. Ryan, rather than the 114,000 shares originally issued to him
            by the Company. Except as otherwise provided herein, such Agreement
            remains in full force and effect.

      8.    The Company and Ms. Lynn agree that the Agreement regarding Board
            Directorship dated as of December 1, 2002 between the Company and
            Ms. Lynn is hereby terminated, and that her rights and obligations
            relating to shares of Common Stock of the Company still owned by her
            continue to be governed by the Production Services Producers
            Agreement dated December 1, 2002 between the Company and Ms. Lynn.

      If the following accurately reflects our agreement, please sign below
where indicated and return a copy to us at your earliest convenience.

                                           Very truly yours,
                                           Billy Dead, INC.

                                           /S/ PETER S. FUHRMAN
                                           --------------------
                                           (Peter S. Fuhrman)
                                           President and Chief Executive Officer

ACCEPTED AND AGREED:

/S/ CHARLES F. RYAN III
-----------------------
(Charles F. Ryan III)

/S/ JULIE LYNN
--------------
(Julie Lynn)

/S/ PETER READ
--------------
(Peter Read)

                                     II-34

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