Document:

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                                                                   EXHIBIT 10.33

                              EMPLOYMENT AGREEMENT

        THIS AGREEMENT is made as of January 1, 2000, (the "Effective Date"), by
and between TEAM COMMUNICATIONS GROUP, INC., a California corporation (herein
referred to as the "Company"), and you, DECLAN O'BRIEN.

        In consideration of the mutual covenants, terms and conditions set forth
herein, you and the Company agree as follows:

        1. The Company hereby employs you pursuant and subject to the terms,
conditions and provisions of this Agreement. You hereby accept such employment
and agree to render your services exclusively to the Company as provided herein,
where and when required by the Company (presently in Los Angeles, California),
all of which services shall be performed conscientiously and to the full extent
of your ability. You further agree to abide by all rules, regulations and
policies of the Company.

        2. Your title and position with the Company shall be Senior Vice
President, Development and Production.

        3. You shall report to the Company's chief executive officer, currently
Drew S. Levin. Any conflict between divisions of responsibility between you and
any other employee shall be resolved by the chief executive officer.

        4. The services to be rendered by you hereunder shall include, without
limitation, all services customarily rendered by persons engaged in the same
capacity or in a similar capacity in the entertainment industry, and such other
services as may be requested by the Company from time to time hereunder. Your
services shall be exclusive to the Company during the Term of this Agreement.

        5. The Term of your employment by the Company under this Agreement shall
commence as of the Effective Date and (unless earlier terminated pursuant to
this Agreement) shall continue thereafter through December 31, 2002 (the
"Term").

        6. (a) As full consideration for all services to be rendered by you
pursuant hereto, and for all rights and interests herein granted by you to the
Company, and provided that you are not in breach or default of this Agreement
and that you have kept and performed all of your obligations hereunder, and
subject to the terms and conditions hereof, you shall be entitled to receive a
base salary in an amount equal to One Hundred Fifty Thousand Dollars ($150,000)
commencing on the Effective Date and continuing through December 31, 2000. From
January 1, 2001 through the end of the Term you shall be entitled to receive a
base salary in an amount equal to One Hundred Sixty Five Thousand Dollars
($165,000).

               (b) Such compensation shall be paid in accordance with the
Company's normal payroll practices. The Company may make such deductions,
withholdings or payments from any sum payable to you pursuant to this Agreement
as are required by any applicable law, rule or regulation for taxes or similar
charges. Compensation payments made to you by the Company or
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any affiliate of the Company shall be deemed made pursuant to this Agreement and
any compensation paid to you from and after the Effective Date of this Agreement
shall be deemed to have been paid hereunder.

        7. In addition to the base salary set forth in Paragraph 6, you shall be
eligible to receive:

        (a) Such bonus compensation as the Company may elect to award to you in
the Company's sole and absolute discretion. Such bonus compensation is
guaranteed to be no less than Twenty Five Thousand Dollars ($25,000) for each
year under this contract. The minimum amount will be paid quarterly, payable
within the first ten (10) days of each quarter. Nothing in this Paragraph 8
shall require or otherwise obligate the Company to pay you a bonus beyond the
minimum amount of Twenty Five Thousand Dollars ($25,000) annually.

        (b) 30,000 stock options with the exercise price at the current market
price on the date of approval by the Board of Directors. These stock options
will vest monthly at the rate of 10,000 per year, or pro rata portion thereof.
Such options shall have a five (5) year term commencing on the Effective Date
and shall be subject in all respects to the Team Communications Stock Option
Plan.

        (c) Subject to third party approval, on-screen credit as "co-executive
producer" or next best available.

        8. You represent and warrant that you are free to enter into the
Agreement and to grant the rights and interests to the Company that you purport
to grant thereunder and that there are no agreements or arrangements in effect,
whether written or oral, which could prevent you from rendering exclusive
services to the Company during the Term, and that you have not made and will not
make any commitment or do any act in conflict with the Agreement.

        9. On the condition that you are not in breach or default of the
Agreement, the Company shall reimburse you for all of your reasonable
pre-approved expenses incurred while employed and performing your duties under
and in accordance with the terms and conditions of the Agreement, subject to
your full accounting therefor and your providing the Company with appropriate
documentation, including without limitation receipts, for all such expenses in
the manner required pursuant to Company's policies and procedures and the
Internal Revenue Code, and subject to the Company's prior approval. Furthermore,
the Company will provide you a monthly automobile allowance of Three Hundred
Fifty Dollars ($350) or an annual amount of Four Thousand Two Hundred Dollars
($4,200). This allowance will be considered additional compensation and shall be
paid along with your base compensation in accordance with the Company's normal
payroll practices.

        10. You and the Company agree that the services to be rendered by you
pursuant to the Agreement, and the rights and interests granted by you to the
Company pursuant to the Agreement, are of a special, unique, extraordinary and
intellectual character, which gives them a peculiar value, the loss of which
cannot be reasonably or adequately compensated in damages in any action at law,
and that a breach by you of any of the terms of the Agreement will cause the
Company great and irreparable injury and damage. You hereby expressly agree that
the Company

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shall be entitled to the remedies of injunction, specific performance and other
equitable relief to prevent a breach of the Agreement by you. This provision
shall not, however, be construed as a waiver of any of the rights which the
Company may have hereunder, at law, for damages, or otherwise.

        11. (a) In the event that (i) you become incapacitated or prevented from
fully rendering your services hereunder by reason of your illness, mental,
physical or other disability, and such incapacity or inability shall continue
for sixty (60) consecutive days during any period of the Term; or (ii) the
Company's normal operations are prevented or interrupted because of force
majeure events or any other cause beyond the Company's sole control (e.g., any
labor dispute, strike, fire, war, civil disturbance, act of God, governmental
action or proceeding or any event sufficient to excuse performance as a matter
of law), and such prevention or interruption shall continue for sixty (60)
consecutive days during any period of the Term; then the Company shall have the
right to terminate your employment under the Agreement immediately upon the
expiration of said six (6)-week period without any further liability or
obligation to you hereunder except for any accrued compensation payable to you
as of the date of such termination (such a termination herein referred to as a
termination "For Disability or Force Majeure").

               (b) In the event you, at any time, breach any provision of the
Agreement, fail, refuse or neglect (other than by reason of any above-referenced
disability or incapacity) to perform fully your obligations hereunder, or engage
or participate in any serious or willful misconduct in connection with any of
your obligations under the Agreement, the Company shall have the right to
terminate your employment under the Agreement at any time thereafter (such a
termination herein referred to as a termination "For Cause"). In the event of
any termination For Cause, you shall be entitled to receive only accrued
compensation payable to you as of the date of such termination, without regard
to any other compensation, benefits or perquisites.

               (c) In addition to the right to terminate For Cause or For
Disability or Force Majeure, the Company shall have the right to terminate your
employment under the Agreement at any time for any reason, upon thirty (30)
days' notice to you (such a termination herein referred to as a termination
"Without Cause"); provided, however, that if termination of your employment is a
termination Without Cause, you shall continue to be entitled only to your base
annual compensation under Paragraph 6 of the Agreement until the end of the
Term.

               (d) Any termination under this Paragraph 12 shall not be deemed
to be a waiver by the Company of any of the Company's rights or remedies
otherwise available to the Company hereunder, at law, in equity or otherwise.

        12. You shall not enter into any contracts or make any commitments on
behalf of the Company outside of the ordinary course of your duties and services
in the ordinary course of the Company's business nor for an amount in excess of
such limits as may be specified by the Company without the prior written
approval and consent of the Company in accordance with the standard practices
and operating procedures thereof.

        13. During the Term hereof you shall be entitled to:

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               (a) The Company's basic health and life insurance benefits
generally available to other senior executives of the Company, including any
applicable major medical insurance benefits, subject to compliance with
provisions relating to eligibility or qualification; and

               (b) During the first year of the Term you will be entitled to
three (3) weeks vacation, and four (4) weeks per year thereafter, with pay, and
normal and customary holidays in accordance with the Company's policy for
vacations and holidays for senior executives of the Company.

               (c) To participate in any Company retirement or similar benefit
plan available to Company's senior executives, including, without limitation,
the Company's IRA plan, subject to all terms and conditions of any such plan.

For the purpose of determining your length of service with the Company with
respect to the applicable provisions of any benefit to which you may be entitled
hereunder (except with respect to stock options and the vesting provisions
thereof), such determination shall include your previous term of employment with
the Company from April 13, 1998.

        14. The Company may secure in its own name or otherwise, and at its own
expense, life, health, accident and other insurance covering you or you and
others, and you shall not have any right, title or interest in or to such
insurance other than as expressly provided herein. You agree to assist the
Company in procuring such insurance by submitting to the usual and customary
medical and other examinations to be conducted by such physician(s) as the
Company or such insurance company may designate and by signing such applications
and other written instruments as may be required by the insurance companies to
which application is made for such insurance.

        15. During the Term, you shall not directly or indirectly compete or
interfere with the actual or contemplated businesses or activities of the
Company. In this regard, during the Term, you shall not, without the prior
written consent of the Company, become an officer, employee, consultant, agent,
partner (other than a limited partner) or director of any other business
enterprise engaged in any of the actual or contemplated businesses or activities
of the Company.

        16. You agree that you will not, during the Term or thereafter, disclose
to any other person or entity the terms or conditions of the Agreement
(including the financial terms thereof) and shall not directly or indirectly
issue or permit the issuance of any publicity whatsoever regarding, or grant any
interview or make any statements concerning, the Company's engagement of you
hereunder without the prior written consent of the Company.

        17. The primary place of your employment under the Agreement shall be
the Los Angeles Metropolitan Area. You shall make such trips away from the
County of Los Angeles as requested by the Company or as may be required for the
conduct of your duties under the Agreement.

        18. The Company hereby represents and warrants that it has obtained all
approvals necessary to enter into this Agreement.

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        19. The Agreement shall be governed by, and construed in accordance
with, the laws of the State of California applicable to contracts entered into
and fully performed therein.

        20. The Company shall have the right to assign or otherwise delegate the
Agreement or any of its rights or obligations thereunder, in whole or in part,
to any person or entity. Without limiting the generality of the foregoing, the
Company shall have the right to license, delegate, lend or otherwise transfer
any of its rights to any or all of your services under the Agreement to any
person, company or other entity controlling, controlled by, or under common
control with the Company, and you agree to render such services required under
the Agreement for such person, company or other entity as part of the services
to be rendered under the Agreement for no additional compensation other than as
provided for in this Agreement. You shall not have any right to assign, delegate
or otherwise transfer any duty or obligation to be performed by you hereunder to
any person or entity, nor to assign or transfer any rights hereunder.

        21. All notices which either party is required or may desire to give to
the other party under or in connection with the Agreement shall be sufficient if
given by addressing the same to the respective party at the address set forth
below or at such other place as may be designated by the respective party:

               To Company:          Team Communications Group, Inc.
                                    12300 Wilshire Boulevard Suite 400
                                    Los Angeles, California  90025
                                    Attention: Drew Levin

               To You:              Declan O'Brien
                                    922 E. Olive Avenue
                                    Burbank CA 91501

When notices addressed as required by this Paragraph 21 shall be hand delivered,
telexed, or deposited, postage prepaid, registered or certified mail, in the
United States mail, or delivered to a telegraph office, toll prepaid, the
Company or you, as appropriate, shall be deemed to have delivered such notice.

        22. If the compensation provided by the Agreement shall exceed the
amount permitted by any present or future law or governmental order or
regulation, such stated compensation shall be reduced, while such limitation is
in effect, to the amount which is so permitted. The payment of such reduced
compensation shall be deemed to constitute full performance by the Company of
its obligations hereunder with respect to compensation for such period;
provided, however, that the Company shall pay you the aggregate amount of such
reduction if and when such payment becomes permissible at law.

        23. You agree to execute and deliver to the Company such further
documents and instruments as the Company may desire to further evidence,
effectuate or protect the Company's rights hereunder. The Agreement may be
modified only by a written instrument duly executed by each of the parties
thereto. No person has any authority on behalf of the Company to make any

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representation or promise not set forth in the Agreement, and you hereby
represent and warrant that the Agreement has not been executed in reliance upon
any representation or promise except those contained therein. No waiver by the
Company of any default or other breach of the Agreement shall be deemed to be a
waiver of any preceding or succeeding breach or default.

        24. Concurrently with your execution and delivery to Company of this
Agreement, you shall execute and deliver to the Company an Employee
Confidentiality Agreement in the form of Exhibit A attached hereto.

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        25. This Agreement supersedes all, prior or contemporaneous agreements,
whether oral or written, between the parties hereto concerning the subject
matter hereof, and constitutes the valid, binding and entire agreement between
the parties with respect thereto, enforceable in accordance with its terms.

        IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the date first above written.

                                    TEAM COMMUNICATIONS GROUP, INC.

                                    By  /S/ DREW LEVIN
                                       ----------------------------------
                                     Drew Levin, Chairman and CEO

ACCEPTED AND AGREED TO:

/S/ DECLAN O'BRIEN
------------------------------
Declan O'Brien
Social Security Number:

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                                    EXHIBIT A
                       EMPLOYEE CONFIDENTIALITY AGREEMENT

               In consideration of my employment, or my continued employment, as
the case may be, by Team Communications Group, Inc., or by any direct or
indirect subsidiary or affiliate of Team Communications Group, Inc. (such
employer for the purposes of this Employee Confidentiality Agreement being
hereinafter referred to as the "Company"), I agree with the Company as follows:

               As long as I shall remain in the employ of the Company I shall
devote my best efforts and ability to the service of the Company in my
employment capacity, as the Company shall from time to time direct, and I shall
perform my duties faithfully and diligently. Further, I shall abide by all
rules, regulations and policies of the Company (including without limitation
those contained in the Company's current employee manual as it may hereafter be
modified, supplemented or replaced), and I acknowledge that I am familiar with
the same.

               I shall not, during my employment by the Company or thereafter,
use or disclose to others without the prior written consent of the Company, any
trade or business secrets, secret "know-how", confidential, secret, technical,
financial or proprietary information or other nonpublic information relative to
the business or activities of the Company, obtained by me while in the employ of
the Company or otherwise. Upon leaving the employ of the Company, I shall not
take with me any confidential, secret, technical, financial or proprietary data,
drawings, documents or information obtained by me as the result of my
employment, or any reproductions thereof. All such items and all copies thereof,
including without limitation all memoranda, notes, records and other documents
related to the actual or contemplated business or activities of the Company that
were made or compiled by me, or made available to me during the term of my
employment by the Company, shall be and remain the Company's property, and I
shall surrender the same to the Company on the termination of my employment by
the Company, or at any other time on request.

               I agree that the Company shall be entitled to injunctive or other
appropriate equitable relief to prevent or remedy my proposed, anticipatory or
actual breach of the terms of this agreement including, without limitation, the
disclosure of any information, data, documents or other materials covered by the
terms of this agreement.

               This agreement shall inure to the benefit of the Company, its
subsidiaries, affiliates, allied companies, successors and assigns or the
nominees of the Company; and I specifically agree to execute any and all
documents considered necessary or desirable to assign, transfer, sustain or
maintain inventions, discoveries, applications, copyrights, trademarks or
patents, both in the United States and in foreign countries.

               IN WITNESS WHEREOF, I have hereunto signed my name as of the date
of the Employment Agreement to which this document is attached and effective as
of the Effective Date (as defined in the Employment Agreement).

                                                   /S/ DECLAN O'BRIEN
                                                   ----------------------------
                                                   Declan O'Brien
ACCEPTED:

Team Communications Group, Inc.

/S/ DREW LEVIN
-------------------------------
By: Drew Levin
Its: Chairman and CEO

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                                                                   EXHIBIT 10.73

                          SETTLEMENT & MUTUAL RELEASES

        THIS SETTLEMENT & MUTUAL GENERAL RELEASES (hereinafter referred to as
the "Agreement") is entered into by the following parties: Dorothy Oriolo,
Donald Oriolo, Joan Gerish and Joseph Donald Oriolo (collectively hereinafter
referred to as the "Heirs", jointly and severally), The Harvey Entertainment
Company and Harvey Comics, Inc. (collectively hereinafter referred to as
"Harvey", jointly and severally), with reference to the following facts:

        WHEREAS, the Heirs are the heirs of the late Joseph Oriolo (and
constitute all the heirs of Joseph Oriolo with the authority to grant the rights
and incur the obligations contained in this Agreement), the well known creator
of comic book characters and other intellectual property;

        WHEREAS, in December 1999 and January 2000, the Heirs sent to Harvey
certain documents entitled Notices of Termination of Transfers and Licenses
("Notices") with respect to that certain intellectual property known as "Casper
The Friendly Ghost" (hereinafter referred to as "Casper");

        WHEREAS, on or about February 11, 2000, Harvey filed a Complaint For
Declaratory Relief and Damages for Slander of Title against the Heirs in the
United States District Court for the Central District of California (the
"Lawsuit");

        WHEREAS, the Heirs have not previously transferred any of the rights to
any third parties that the Heirs are transferring herein;

        WHEREAS, the parties now wish to settle any and all disputes between
them and engage in certain business transactions, as more specifically set forth
in this Agreement;

        NOW, THEREFORE, the parties hereby agree as follows, effective upon the
full execution of this Agreement by all the parties:

1.  The parties will take no further actions in connection with the Lawsuit,
    except that Harvey will promptly cause the Lawsuit to be dismissed with
    prejudice and provide documentation of same to the Heirs.

2.  The Heirs hereby irrevocably grant, sell, assign and transfer to Harvey,
    forever and exclusively, any and all of their interests, rights, claims,
    copyrights and trademarks in Casper, including all now or hereafter existing
    rights of every kind in, to, and pertaining to Casper, whether or not such
    rights are now known, recognized, contemplated, invented or discovered,
    including but not limited to any and all interests of the Heirs in the title
    in and to Casper, throughout the universe, for all uses and purposes
    whatsoever, subject to the terms of this Agreement. The foregoing is
    intended as and shall constitute a quitclaim of all of the Heirs interests,
    rights, claims, copyrights and trademarks in Casper. Upon

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    request of Harvey, the Heirs will promptly withdraw the Notices.

3.  Harvey will forever give credit to Joseph Oriolo as creator of Casper in all
    motion pictures and other audio-visual productions featuring Casper, and
    Harvey will forever give credit to Joseph Oriolo as creator of Casper in
    other Harvey products where Harvey determines in good faith that giving
    "creator" credit to anyone is appropriate. Harvey shall have the right but
    not the obligation to give credit to Seymour Reit (and only to Seymour Reit)
    as an additional creator of Casper, provided that such credit to Seymour
    Reit is never more prominent (in size, style of type, etc.) than the credit
    given to Joseph Oriolo and that the credit to Joseph Oriolo is in first
    position no less than approximately half the time on an ongoing basis (with
    Harvey taking into account in good faith the importance of Harvey's various
    products that incorporate Casper, so that Joseph Oriolo's credit is in first
    position at least approximately half the time on Harvey's most important and
    prominent products, and so forth with Harvey's less important and less
    prominent products), excluding theatrical motion pictures produced or
    distributed or licensed by Universal Pictures or any related entity (parent,
    subsidiary or affiliate) of Universal Pictures. In the case of theatrical
    motion pictures produced or distributed or licensed by Universal Pictures or
    any related entity of Universal Pictures, Joseph Oriolo's credit vis-a-vis
    Seymour Reit's credit shall be no less prominent (including position) than
    Joseph Oriolo's credit was in Universal Pictures' theatrical motion picture
    known as Casper that was released in or about 1995. Without limiting the
    generality of the foregoing, Harvey shall give such credit to Joseph Oriolo
    as part of the main credits in all motion pictures and other audio-visual
    productions featuring Casper where credits are given to any other persons
    for creative services (including actors, writers, directors, producers,
    etc.). Harvey shall also require all third parties that acquire rights in
    Casper from Harvey to give the aforesaid credits to Joseph Oriolo.

4.  Donald Oriolo shall have the right to sign the name "Oriolo" on all Casper
    artwork (including cells) issued by Harvey or under Harvey's control where
    Harvey determines in good faith that creator signatures are appropriate.
    Subject to Donald Oriolo's availability, Donald Oriolo will physically
    appear at places and times reasonably requested by Harvey to sign Casper
    artwork for the public, provided that Harvey reimburses Donald Oriolo for
    his reasonable expenses and for his services in accordance with industry
    standards. As a general matter, Harvey in its sole good faith discretion
    shall have the right to use the name and likeness of Joseph Oriolo and of
    Donald Oriolo in connection with Casper in a reasonable manner not
    inconsistent with industry standards.

5.  The Heirs and Harvey each agree to execute all reasonable documents
    requested by the other in connection with the subject matter of this
    Agreement in order to effectuate the purposes and intents of this Agreement,
    at the expense of the party making such request. Without limiting the
    generality of the foregoing, the Heirs agree to assign to Harvey all of
    their rights in any trademarks relating to Casper that may have been filed
    by any of the Heirs or their representatives in Germany or any other country
    and to execute all reasonable documents to effectuate such assignments,
    provided that (if Harvey requests the Heirs to so assign and/or to execute)
    Harvey will promptly reimburse the Heirs for the

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    costs that they previously incurred in connection with such German trademark
    filings, including but not limited to legal fees and filing fees, but not to
    exceed US$2,900.00 per trademark.

6.  Except as set forth in this Agreement, each Heir for him or herself and his
    or her respective successors, affiliates, agents, employees and assigns
    hereby relieves, covenants not to sue, releases and discharges Harvey, their
    directors, officers, assigns, assures, successors, employees, agents,
    attorneys, parent, subsidiaries, affiliates from any and all claims,
    demands, actions or causes of action, debts, controversies and damages of
    whatever kind or nature whether now known or unknown which such Heir might
    have or claim to have or at any time heretofore had or claimed to have. Each
    Heir acknowledges that he or she is aware that it may hereafter discover
    facts different from or in addition to what he or she now knows or believes
    to be true with respect to the matters herein released, and he or she agrees
    that this release shall be and remain in effect in all respects as a
    complete general release, notwithstanding any such different or additional
    facts. Each Heir acknowledges that he or she has been informed of Section
    1542 of the Civil Code of the State of California and does hereby expressly
    waive and relinquish all rights and benefits that he or she has or may have
    under said Section, which reads as follows:

    a)  "A general release does not extend to claims which the creditor does not
        know or suspect to exist in his favor at the time of executing the
        release, which if known by him must have materially affected his
        settlement with the debtor."

7.  Except as set forth in this Agreement, Harvey for itself and its respective
    successors, affiliates, agents, employees and assigns hereby relieves,
    covenants not to sue, releases and discharges the Heirs, their assigns,
    assures, successors, employees, agents, attorneys, and affiliates from any
    and all claims, demands, actions or causes of action, debts, controversies
    and damages of whatever kind or nature whether now known or unknown which
    Harvey might have or claim to have or at any time heretofore had or claimed
    to have. Harvey acknowledges that it is aware that it may hereafter discover
    facts different from or in addition to what it now knows or believes to be
    true with respect to the matters herein released, and it agrees that this
    release shall be and remain in effect in all respects as a complete general
    release, notwithstanding any such different or additional facts. Harvey
    acknowledges that it has been informed of Section 1542 of the Civil Code of
    the State of California and does hereby expressly waive and relinquish all
    rights and benefits that it has or may have under said Section, which reads
    as follows:

    a)  "A general release does not extend to claims which the creditor does not
        know or suspect to exist in his favor at the time of executing the
        release, which if known by him must have materially affected his
        settlement with the debtor."

8.  Harvey and the Heirs each hereby represents and warrants to the other, and
    agrees with the other party as follows:

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    a)  Each party has received legal advice from its attorneys with respect to
        the advisability of making and executing this Agreement including,
        without limitation, the release provided for above, and knows and
        understands its legal effect.

    b)  No person, firm or corporation (whether or not a party hereto) has made
        any statement, representation or promise regarding a fact relied upon by
        either party in entering into this Agreement which is not set forth
        herein.

    c)  Each party has made such investigation of the facts pertaining to the
        disputes hereinabove described and of all matters pertaining thereto as
        each party may deem necessary or desirable.

    d)  Each party has the full right, capacity and authority to enter into the
        perform this Agreement.

9.  The terms of this Agreement are contractual and not a mere recital.

10. Harvey and the Heirs also each represent and warrant to the other that such
    party has not assigned or transferred to any person, firm, corporation or
    other entity in any manner, including by way of subrogation or operation of
    law, or otherwise, any claim, right, demand, action or cause of action that
    the parties may have had, has or might have arising out of the matters
    described herein, nor any portion thereof.

11. The validity, construction and enforceability of this Agreement shall be
    governed in all respects by the laws of California applicable to agreements
    negotiated, executed and performed in California by California parties. The
    parties hereby confer upon the United States federal and state courts
    located in the City and County of Los Angeles exclusive jurisdiction to hear
    all disputes arising under the Agreement or by reason of its termination,
    and agree that service of process may be served, in addition to any other
    method permitted by law, by registered or certified mail sent return receipt
    requested. In the event of any breach of this Agreement, the aggrieved party
    may seek (and be entitled in appropriate circumstances to obtain) money
    damages or specific performance, but no party shall seek or be entitled to
    rescind or terminate this Agreement.

12. All representations and warranties contained herein shall survive the
    execution of this Agreement.

13. This Agreement sets forth the entire understanding and supersedes all prior
    and contemporaneous agreements between the parties relating to the subject
    matter contained herein and merges all prior and contemporaneous discussions
    between them. Neither party shall be bound by any definition, condition,
    representation, warranty, covenant or provision other than as expressly
    stated in or contemplated by this Agreement or as

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    subsequently shall be set forth in writing and executed by an authorized
    representative of the party to be bound. No modification or alteration of
    this Agreement shall be binding or valid unless in writing and signed by the
    party to be charged with such modification, alteration or agreement. No
    waiver of any term, covenant or condition of this Agreement shall be
    construed as a waiver of any other term, covenant or condition nor shall any
    waiver of any default under this Agreement be construed as a continuing
    waiver thereof or as a waiver of any other default.

14. The parties hereto acknowledge and agree that this is an agreement which is
    not in any respect, nor for any purpose, to be deemed or construed to be an
    admission or concession of any liability or wrongdoing by any party
    whatsoever, and in connection therewith, neither this Agreement nor any
    provision herein contained shall be deemed to be for the benefit of, or
    confer any rights of any kind or nature whatsoever upon, any third party.

15. Any press releases or publicity in connection with the subject matter of
    this Agreement shall require the approval of all parties, with the
    understanding that Walter E. Calmette has the authority to convey approvals
    the Heirs to Harvey.

16. Harvey's notices to the Heirs hereunder shall be sent to the attention of
    Donald Oriolo at Felix The Cat Productions, Inc., 123 Route 23 South
    Hamburg, NJ 07419, by mail or courier and by fax to (973) 209-8800; with a
    copy to Walter E. Calmette at Felix The Cat Productions, Inc., 1811 Colina
    Drive, Glendale, CA 91208, by mail or courier and by fax to (818) 956-7044,
    with a copy to Peter Bierstedt, 2039 North Gramercy Place, Hollywood, CA
    90068-3616, by mail or courier and by fax to (323) 465-3511. The Heirs
    notices hereunder shall be sent to the attention of Glenn R. Weisberger,
    Senior Vice President and General Counsel, The Harvey Entertainment
    Corporation, 11835 West Olympic Boulevard, Suite 550E, Los Angeles, CA
    90064, by mail or courier and by fax to (310) 444-4101. The foregoing
    addresses and fax numbers may be changed any affected party by appropriate
    notice.

17. This Agreement shall inure to the benefit of, and shall be binding upon,
    each of the parties hereto, and their respective heirs, executors,
    administrators, assigns, successors-in-interest, representatives, trustees
    and beneficiaries. This Agreement may be executed in counterparts, and each
    counterpart shall constitute an original instrument, but all such separate
    counterparts shall constitute only one and the same instrument.

                  [This Agreement is signed on the next page.]

                                       5
<PAGE>   6

IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the
date of the last party signing this Agreement as indicated below.

THE HARVEY ENTERTAINMENT COMPANY        HARVEY COMICS, INC.

By______________________________        By______________________________

Its_____________________________        Its_____________________________

Signed: __________________, 2000        Signed:___________________, 2000

________________________________        ________________________________
Dorothy Oriolo                          Donald Oriolo

Signed: __________________, 2000        Signed:___________________, 2000

________________________________        ________________________________
Joan Gerish                             Joseph Donald Oriolo

Signed: __________________, 2000        Signed: __________________, 2000

                                       6

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