Document:

NO-QUOTE
/ NON-PRECEDENTIAL

    

    
      
        
          	
                  DATE:  As
      of March 20, 2006

                
	
                  SUBJECT:  STAN
      LEE /

                
	
                  PRODUCER
      / OVERALL DEAL

                

        

      

    

     

    MEMORANDUM
OF AGREEMENT

    

    This Memorandum of Agreement
(“Agreement”), dated as of March 20, 2006, sets for the terms and conditions of
the agreement between SILVER CREEK PICTURES, INC. (“Silver Creek”) and POW!
ENTERTAINMENT, INC. (“Lender”) for (a) submission by Stan Lee (“Artist”), on an
exclusive “first look” basis, of any and all ideas, materials and/or properties
(“Property[ies]”, as defined in Paragraph I.E.1. below) owned or controlled by
Lender or Artist that Artist is interested in developing in any medium or media,
as more particularly described below; and (b) the producing services of Artist
in connection with the development, production and distribution of such
Properties in any medium or media, including but not limited to by means of live
action and/or animated theatrical motion pictures, direct-to-video (“DTV”) motion pictures (each
individually and/or collectively, as the context may require, a “Picture”),
television motion pictures, stage play project(s), internet project(s), theme
park project(s), video and/or computer game project(s), wireless and/or mobile
projects and/or any and all other projects to be designated hereunder
(“Non-Picture Projects”).

    

    I.           OVERALL

    

    A.           CONDITION
PRECEDENT

    

    Silver
Creek shall have no obligation to perform hereunder unless and until Silver
Creek receives an executed original of this Agreement (including all Exhibits
attached hereto) (in form and substance acceptable to Silver
Creek).

    

    B.           PARTIES

    

    The services of Artist are being
furnished to Silver Creek by Lender.  Consequently, all services and
obligations to be performed hereunder by Artist shall be deemed to be performed
by Artist at the direction of Lender and all compensation and other payments for
the performance of such services and obligations shall be paid by Silver Creek
to Lender.  All warranties and representations made by either Lender
and/or Artist shall be deemed made in addition by the other, and at the election
of Silver Creek a breach of this Agreement by Lender and/or Artist shall be
deemed a breach by both.

    

    C.           TERM

    

    1.           Initial
Term.  The term of this Agreement shall commence as of the date
hereof and shall continue for a period of one (1) year (“Initial Term”)
following satisfaction of the Conditions Precedent set forth in Paragraph I.A.
above, subject to suspension and extension as provided in Paragraph G. of Silver
Creek's Producer or Director/Loan-Out Standard Terms and Conditions (the
"Standard Terms") (which is attached hereto and incorporated herein by this
reference).

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

    NO-QUOTE
/ NON-PRECEDENTIAL

    

    2.           Optional
Term.  Silver Creek shall have an exclusive and irrevocable
option (“Option”), exercisable by written notice to Lender not later than thirty
(30) days prior to the end of the Initial Term, to extend the Initial Term for
an additional one (1) year period (the “Optional Term”) commencing upon
expiration of the Initial Term, subject in all respects to Silver Creek’s right
to suspend and extend the Optional Term as provided in the Standard
Terms.

    

    3.           “Term”
Defined.  The Initial Term and the Optional Term may each be
individually and/or collectively (as applicable) referred to as the
“Term.”

    

    D.           PRODUCING
SERVICES/EXCLUSIVITY

    

    Subject to Paragraph III.F., below,
Lender shall provide the producing services of Artist to personally render all
services customarily rendered by individual producers in the motion picture
industry or other applicable entertainment industry in connection with the
development, pre-production, production and post-production of each Picture or
Non-Picture Project hereunder, and as otherwise required by Silver Creek, which
services shall be on a non-exclusive basis to Silver Creek during the Term,
provided that Artist’s services on behalf of any third party, on behalf of
Lender or on Artist’s own account, shall not materially interfere with the
timely performance of Lender’s and Artist’s services and obligations
hereunder.

    

    E.           EXCLUSIVE FIRST
LOOK

    

    1.           General.  During
the Term, Lender and Artist shall submit to Silver Creek on a sole and exclusive
“first look” basis, any and all ideas, materials and/or properties as to which
Lender and/or Artist (or any company substantially owned or controlled by Lender
and/or Artist) owns or controls or has any title or interest (by option,
turnaround right or otherwise) and/or any property which Lender and/or Artist is
interested in developing as the basis for a Picture or Non-Picture Project
hereunder (“Property” or “Properties”); provided, however, that Lender and
Artist shall use reasonable best efforts to submit to Silver Creek any Property
that is jointly controlled by Lender and/or Artist, on the one hand, and a third
party, on the other hand (a “Jointly Controlled Property”); provided, however,
that Lender or Artist’s failure to submit a Jointly Controlled Property to
Silver Creek shall not be deemed a breach of this Agreement so long as Lender or
Artist used such reasonable best efforts to submit such Jointly Controlled
Property to Silver Creek.  “First Look” shall mean that any and all
Properties shall be submitted solely and exclusively to Silver Creek before such
Properties are submitted to any other person or entity.  It is of the
essence of this Agreement that Artist shall not submit any Property to any
person or entity other than Silver Creek during the Term without first
submitting such Property to Silver Creek.  The term “Property” (or
“Properties” as the context may require) shall mean and include ideas, concepts,
storyboards, artwork, illustrations, outlines, stories, articles, treatments,
screenplays, teleplays, stageplays, books and/or other dramatic, literary or
musical materials, characters or projects of any kind or nature and in any
form.

    
      
         

      

      
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      NO-QUOTE
/ NON-PRECEDENTIAL

    2.           Submissions.  All
Property(ies) shall be submitted to a designated Silver Creek Creative Executive
in written form; provided, however, that Artist (at Artist’s election) may
orally “pitch” a Property to Silver Creek, provided Artist follows up such oral
“pitch” with a written memorialization detailing the contents of such “pitch,”
including a clear delineation of storyline and characters, and the date Silver
Creek receives such written memorialization shall be deemed the date of such
submission.  A Property submitted by Artist may hereinafter be
referred to as an “Artist-Submitted Property.”  At the time any
Property is submitted to Silver Creek, Artist shall advise Silver Creek in
writing of any and all terms of which Artist is aware pertaining to the
acquisition or option of such Property and the identity of third parties who may
possess rights in the Property (e.g., producers,
actors, directors attached to such Property, etc.), if any, and unless
specifically disclosed to Silver Creek in such written submissions, Lender and
Artist represent and warrant to Silver Creek that any Property submitted
hereunder shall be unencumbered by any obligation whatsoever to any third party
(including any turnaround, right or lien).  If Silver Creek accepts
any Artist-Submitted Property for development, then (a) Lender and Artist shall
assign to Silver Creek, in documents acceptable in form and substance to Silver
Creek, all right, title and interest in such Property (including without
limitation any and all written and/or other material [e.g., outlines,
written memorializations of “pitches”, storyboards, artwork, illustrations and
any other material] that constitute such Property) (subject only to any third
party rights or obligations that Lender and/or Artist disclosed to Silver Creek
in writing at the time of submission of the Artist-Submitted Property to Silver
Creek, and to which Silver Creek agrees), in all media now known or hereafter
devised throughout the universe in perpetuity, in consideration of the sum of
Ten Thousand Dollars ($10,000) (the “Rights Payment”), the sufficiency of which
is hereby acknowledged by Lender and Artist (provided, however, in the event
that Silver Creek desires to accept a Jointly Controlled Property hereunder, the
following shall apply: [i] if the Jointly Controlled Property is based upon a
previously existing written work (i.e., a completed
written work, as opposed to a mere outline, notes or the like), then Silver
Creek shall negotiate with the applicable third party[ies] [within Silver
Creek’s standard parameters] for its/their rights in and to such Jointly
Controlled Property; [ii] if the Jointly Controlled Property is based upon an
idea [for which there is no pre-existing written material other than an outline,
notes or the like], then Lender and Artist agree that the Rights Payment set
forth above is sufficient consideration for all rights in and to such Jointly
Controlled Property [including all third party rights], and Lender and Artist
are and shall be solely responsible and liable for any payments to which the
applicable third party[ies] jointly controlling such Joint Controlled Property
may be entitled; and [iii] no Rights Payment shall become due and payable
hereunder unless and until Silver Creek has entered into an agreement with the
applicable third party[ies] for its/their rights in and to such Jointly
Controlled Property [in form and substance acceptable to Silver
Creek]).  Any and all Rights Payment(s) shall be fully applicable
against and deducted from the Overhead Allowance payable pursuant to Paragraph
III.G. below, and the Overhead Allowance shall be applicable against any such
Rights Payment(s), such that any Rights Payment(s) shall accrue and become
payable as the Overhead Allowance accrues and becomes payable, according to the
terms of Paragraph III.G. below; and (b) Lender shall provide the services of
Artist to render such services in connection with such Property as designated by
Silver Creek in accordance with the terms of this Agreement and Lender will be
entitled to the compensation set forth below, as applicable.

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    NO-QUOTE
/ NON-PRECEDENTIAL

        

    3.           Completed
Scripts.  Properties to be submitted exclusively to Silver
Creek during the Term shall include, without limitation, any completed
screenplays , stageplays and/or teleplays written in whole or in part by or on
behalf of Artist (“Completed Scripts”).  Lender and Artist represent
and warrant that all Completed Scripts are set forth on Exhibit “A” attached
hereto and incorporated by this reference.  Lender shall submit any
Completed Script to Silver Creek within ten (10) business days of Lender’s and
Artist’s signature hereof.  If Silver Creek desires to option, license
and/or acquire any right, title or interest in or to any such Completed Script,
then Silver Creek shall negotiate in good faith (within Silver Creek’s standard
parameters) with respect thereto, and Silver Creek shall also have the Right of
Last Refusal (as set forth and defined below) in connection
therewith.  The term “Right of Last Refusal” means that if Lender and
Silver Creek fail to reach an agreement after good faith negotiations and
thereafter Lender (when permitted after the expiration of the Term) makes and/or
receives any bona fide offer in connection with the applicable Completed Script,
or any interest therein, and Lender proposes to accept such offer, Lender shall
notify Silver Creek, by registered mail or telegram, of such offer, the name of
the offerer, the proposed financial terms and other material terms of such
offer.  During the period of ten (10) business days following Silver
Creek’s receipt of such notice, Silver Creek shall have the exclusive option to
option, license and/or acquire the applicable Completed Script and/or engage
Artist’s services in connection therewith, as the case may be, on the same
financial terms and such other terms as are set forth in such
notice.  If Silver Creek elects to exercise said option, Silver Creek
shall notify Lender and/or Artist of the exercise thereof within said ten (10)
business day period, otherwise Lender shall be free to accept said bona fide
offer; provided, that if any such proposed exercise or disposition is not
consummated within sixty (60) calendar days following the expiration of said ten
(10) business day period, Silver Creek’s option shall revive and shall apply to
each and every further offer or offers at any time received by Lender and
relating to the applicable Completed Script; provided, further, that Silver
Creek’s option shall continue in full force and effect, upon all the terms and
conditions of this Paragraph I.E., so long as Lender and/or Artist retain any
right, title or interest in or to the applicable Completed Script and provided,
further, that Silver Creek’s option shall inure to the benefit of Silver Creek,
its successors and assigns, and shall bind Lender and Artist and their
respective successors and assigns.

    
      
         

      

      
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    NO-QUOTE
/ NON-PRECEDENTIAL
 

    4.           Rejected Property(ies)/Third
Party Picture(s).  A Property shall be deemed rejected by
Silver Creek if by the end of the twenty (20) business day period (as may be
reducible to not less than ten [10] business days for a “Hot Property”, as
defined in Paragraph I.E.6. below) following Artist’s submission of a Property
to Silver Creek (provided that the applicable  period set forth
immediately above shall be extended as reasonably required for Silver Creek to
examine, clarify, negotiate or prepare documents in connection with either the
chain-of-title for the underlying rights or any unusual problems relating to
such Property), it has not been accepted for development by Silver Creek
(“Rejected Property”).  After rejection of a Rejected Property, Artist
may submit such Rejected Property to third parties; provided, however, that if
at any time there are any changes or additions to the elements (“Changed
Elements”) to the applicable Rejected Property after it has been rejected by
Silver Creek (e.g., a material
change in storyline, or a change in a writer, actor, producer or director tied
to such Rejected Property when same was rejected by Silver Creek, any addition
of any writer, actor, producer or director, a change in the medium in which the
Property is being developed, or any change in financial terms in connection with
such Property) and prior to such Rejected Property being set up for development,
production or otherwise with a third party, then Artist shall resubmit such
Rejected Property to Silver Creek prior to submission to any third party, and
Silver Creek shall have the time periods set forth in this Paragraph I.E. to
accept the same for development.

    

    5.           Silver Creek-Submitted
Properties.  Silver Creek shall have the right, but not the
obligation, to submit Properties (“Silver Creek-Submitted Properties”) to Lender
hereunder for Artist to produce during the Term.

    

    6.           Acceptance of
Properties.  Silver Creek shall have twenty (20) business days
following the date of submission of any Artist-Submitted Property (provided,
however, that the foregoing twenty [20] business day period shall be reduced to
not less than ten [10] business days for an Artist-Submitted Property upon
Silver Creek’s receipt from Artist of written notice stating that such twenty
[20] business day period must be reduced as aforesaid due to particular time
exigencies with respect to such Artist-Submitted Property, which time exigencies
shall be specifically set forth in such notice [a “Hot Property”]) to advise
Artist whether or not Silver Creek elects to accept same for development, and
Artist shall have ten (10) business days following the date of the submission of
a Silver Creek-Submitted Property to advise Silver Creek whether or not Artist
accepts same for development.  The “date of submission” of an oral
submission/“pitch” will be deemed to be the date Silver Creek receives the
written submission referred to in Paragraph I.E.2., above.  If Silver
Creek considers accepting an Artist-Submitted Property, such twenty (20)
business day period, as applicable, shall be extended as reasonably required for
Silver Creek to examine, clarify, negotiate or prepare documents in connection
with either the chain of title for the underlying rights (including without
limitation any documents with respect to third party rights in any Jointly
Controlled Property, as referenced in Paragraph I.E.2. above) or any usual
problems relating to any such Property and such extension shall in no way
obligate Silver Creek to actually accept such Artist-Submitted
Property.

    
      
         

      

      
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      NO-QUOTE
/ NON-PRECEDENTIAL

    

                       

    7.           Rejected Properties;
Ownership.  Artist shall retain all right, title, and interest
in any Artist-Submitted Property submitted to Silver Creek by Artist hereunder
which is rejected by Silver Creek (as opposed to a Property submitted by Artist
to Silver Creek which is accepted for development by Silver Creek and later
abandoned, or a Property submitted by Silver Creek to Artist, whether or not
said Property is accepted for development, all of which shall remain the
property of Silver Creek).

    

    8.           Rejected Properties;
Services to Third Parties.  If a property is deemed a Rejected
Property under Paragraph I.E.4. above, and provided there are no Changed
Elements, then Artist shall be allowed to provide services on such Rejected
Property to a third party on a non-exclusive basis, provided that Artist’s
services on behalf of such third party, on behalf of Lender or on Artist’s own
account, shall not materially interfere with the timely performance of Artist’s
services and obligations hereunder.

    

    9.           Excluded
Projects.  Inasmuch as Lender and Artist represent that the
projects listed in Exhibit “B” (the “Excluded Projects”) (attached hereto and
incorporated herein by reference) are properties that were “set up” for
development and/or production elsewhere prior to the date of this Agreement;
then such Excluded Projects shall be excluded from Artist’s exclusive First Look
obligations under Paragraph I.E.1. above.

    

    10.           Cartoonists Local
#839.  If and to the extent Artist's services hereunder are
performed under the jurisdiction of Motion Picture Screen Cartoonists Local
#839, I.A.T.S.E., then (a) all applicable provisions of that Collective
Bargaining Agreement with said Local #839 (the "Cartoonists Agreement"),
including but not limited to the provisions therein relating to probation
periods, shall be deemed by this reference to be incorporated and made a part of
this Agreement and shall supersede any conflicting provisions contained herein;
(b) the compensation payable hereunder is inclusive of any required sums payable
to Artist or on Artist's behalf under the Cartoonists Agreement; and (c) to the
extent the following requirement shall be lawful, Artist agrees that Artist is
or shall become a member in good standing of said Local #839 if and as required
by the Cartoonists Agreement, and if Artist fails or refuses to meet such
requirements, Silver Creek shall have the right at any time thereafter to
terminate Silver Creek’s obligations under this Agreement.

    

    
      
         

      

      
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      NO-QUOTE
/ NON-PRECEDENTIAL

    

      

    F.           THIRD PARTY
PRODUCERS

    

    Lender acknowledges that if Artist
involves a third party in a producing capacity (e.g., as a
co-producer, co-executive producer, associate producer, producer or executive
producer, etc.) on a Property or submits a Property which has such a third party
attached, then (unless otherwise agreed to in writing by a Silver Creek Business
Affairs Executive) all cash and contingent sums payable to such third party
including, without limitation, development fees, if any, shall be the sole
responsibility of Lender and shall be borne by Lender from amounts otherwise
payable to Lender hereunder.  In the event that Artist renders
producing services hereunder in connection with a Picture or Non-Picture Project
based on a Silver Creek-Submitted Property to which another producer or
executive producer is already attached, Artist’s assignment to such Picture or
Non-Picture Project (as applicable) shall be subject to the parties negotiating
the appropriate modifications to such third party producer’s applicable
pre-existing agreement and/or this Agreement.

    

    G.           POST-TERM
SERVICES

    

    If after expiration of the Term, Silver
Creek elects to proceed with the development and/or production of a Picture or
Non-Picture Project on which Artist’s development services were commenced during
the Term, Lender shall cause Artist to continue to render services hereunder
until such project is either abandoned or Artist’s services are completed in
accordance with the terms and conditions of this Agreement.  Artist’s
post-Term executive producing services shall commence as set forth in Paragraph
II.B.2.a. through II.B.2.e. below for the applicable services, and continuing
until Delivery (as defined in Paragraph III.D., below) of such completed Picture
(including required television coverage as required by Silver Creek) to Silver
Creek, or delivery of such Non-Picture Project to Silver Creek in accordance
with the delivery terms applicable thereto as set forth herein
below.

    

    II.           MOTION
PICTURE AND OTHER MEDIA PRODUCING SERVICES

    

    A.           ABANDONMENT / TURNAROUND /
PROGRESS TO PRODUCTION

    

    1.           Abandonment. Silver
Creek may (at its sole discretion) abandon a Picture or Non-Picture Project at
any time.

    

    2.           Live-Action, Theatrical
Pictures – Turnaround.  If Silver Creek elects to abandon a
Picture based on an Artist-Submitted Property that has been accepted for
development hereunder as a live-action, theatrical motion picture, then Silver
Creek shall grant to Lender an eighteen (18)-month turnaround commencing upon
Silver Creek’s written notice to Lender of such abandonment in accordance with
Silver Creek’s Exhibit “T,” which is attached hereto and incorporated by this
reference.  Neither Lender nor Artist shall have any turnaround rights
in (a) any Artist-Submitted Property that has been accepted for development
other than as a live-action, theatrical motion picture (e.g., Artist shall
not have any turnaround right in an Artist-Submitted Property developed as an
animated motion picture, whether for theatrical or DTV release or for
television), or (b) any Picture or Non-Picture Project based on a Silver
Creek-Submitted Property, and any such Picture(s) or Non-Picture Project(s) may
be abandoned without further obligation to Lender and/or Artist except for the
payment when due of any compensation already earned, accrued and payable
pursuant to the terms hereof.

    
      
         

      

      
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    NO-QUOTE
/ NON-PRECEDENTIAL

    

    3.           Progress to Production –
Live-Action Theatrical Motion Pictures.  With respect to an
Artist-Submitted Property accepted for development as a live-action theatrical
Picture only, and provided that Silver Creek has not elected (in its sole
discretion) to proceed with production of such Picture, if for a consecutive
nine (9) month period (which nine [9] month period shall be tolled for and
during the time of any and all event[s] of force majeure), there is no active
development of the Picture (e.g., no writing
services requested, and Silver Creek is not engaged in negotiations with respect
to further writing services, principal casting, or budgeting, taking location
surveys, scheduling, planning, or other activity similar to any of the foregoing
with respect to the Picture), then, upon written notice from Lender or Artist to
Silver Creek, Silver Creek shall have ninety (90) days thereafter (which ninety
[90] day period shall be tolled for and during the time of any and all event[s]
of force majeure) to resume active development of the Picture or to elect to
proceed with production of the Picture, or the Picture shall be deemed abandoned
pursuant to Paragraph II.A.1. above.  This Paragraph II.A.3. shall not
apply if any such inactivity (as described herein) is the result of a dispute or
disagreement between Artist (or Lender) and Silver Creek.

    

    B.           THEATRICAL, DIRECT-TO-VIDEO
AND TELEVISION DEVELOPMENT / PRODUCTION SERVICES

    

    1.           Development
Services.  For good and valuable consideration, including
without limitation the Overhead Allowance payable pursuant to the terms and
condition of Paragraph III.G. below, the receipt and sufficiency of which is
hereby acknowledged, if Silver Creek accepts an Artist-Submitted Property for
development as a theatrical motion picture, DTV motion picture, television
productions (e.g., a pilot, a
series, a telefilm [i.e., any motion
picture intended for initial exhibition on television, such as a
movie-of-the-week] or a mini-series [collectively, "Television Production(s)"]),
stage project, internet or wireless project, theme park project, video game
project, or project in any other medium or media, whether live-action, animated
or otherwise hereunder, or if a Silver Creek-Submitted Property is accepted by
Artist for development as a Picture in any of the foregoing media hereunder,
then, subject to Paragraph III.F. below, Lender shall cause Artist to personally
supervise the writing services of all screenwriters employed by Silver Creek in
connection with the development of the Picture(s) or Non-Picture Project, as
applicable, and render all development and pre-production services customarily
rendered by a producer in the motion picture, television, direct-to-video or
other entertainment medium (as applicable), as required by Silver Creek,
provided that such services shall consist principally of: character generation
and design; development of concept, story and treatment; collaboration with
other producers, the director, actors and any other persons engaged by Silver
Creek; and the storyboarding of a Picture.  Artist's development and
pre-production services shall be non-exclusive, in connection with the
development of the Picture(s) or Non-Picture Project(s); provided that Artist's
services to third parties or on Lender’s or Artist's own account shall not
materially interfere with Artist's services hereunder.  For any
Artist-Submitted Property accepted for development hereunder, Silver Creek shall
determine (in its sole discretion) whether to develop, produce and/or release
any Picture based on such Property as a “Walt Disney” release, a “Touchstone”
(or “Hollywood”) release or a “Miramax” or another release.

    
      
         

      

      
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    NO-QUOTE
/ NON-PRECEDENTIAL

    

    2.           Producing
Services.  If Silver Creek (in its sole discretion) elects to
proceed with production of a Picture as a live-action theatrical motion picture,
a live-action DTV motion picture, or a live-action Television Production, or if
Silver Creek (in its sole discretion) elects to commence element production of
sequences of a Picture as an animated theatrical motion picture, an animated DTV
motion picture or an animated Television Production, then, subject to Paragraph
III.F. below, Lender shall furnish the services of Artist to personally render
all services outlined in Paragraph II.B.1. above, in connection with the
pre-production, production and post-production of such Picture, and as otherwise
required by Silver Creek.  The services of Artist shall commence as
set forth in Paragraphs II.B.2.a. through II.B.2.e. below and shall continue on
an as-needed basis through production of the Picture or Non-Picture Project;
thereafter, Artist shall render publicity services as set forth below in
connection with Silver Creek’s marketing efforts in connection with the release
(“Release”) of the applicable Picture or Non-Picture
Project.  Artist’s services during production shall at all times be on
a non-exclusive basis to Silver Creek (or its assignee or designee), provided,
however, that any services which Artist may render for Lender, on Artist's own
behalf or for third parties shall not materially interfere with the timely
performance of Artist's services and obligations hereunder.  If Silver
Creek so requests, Lender shall cause Artist to render all services in
connection with publicity concerning the applicable Picture or Non-Picture
Project as, when, and where requested by Silver Creek, subject only to Artist’s
unavailability due to then-prior conflicting contractual professional
commitments in the entertainment industry, provided that Artist will use best
efforts to be available to render such services according to the schedule
proposed by Silver Creek.  Time is of the essence in connection with
all producing services hereunder.

    

    a.           Live-Action Theatrical
Motion Picture(s).  With respect to live-action, theatrical
motion pictures, the services of Artist shall commence eight (8) weeks prior to
the commencement of principal photography of such Picture and continue through
Release (as defined in Paragraph II.B.2. above) of such Picture.

    

    b.           Animated Theatrical Motion
Picture(s).  With respect to animated theatrical motion
pictures, the services of Artist shall commence upon pre-production of such
Picture and continue through Release (as defined in Paragraph II.B.2. above) of
such Picture.

    
      
         

      

      
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    NO-QUOTE
/ NON-PRECEDENTIAL
 

    c.           Live Action DTV Motion
Picture(s).  With respect to live-action, DTV motion pictures,
the services of Artist shall commence four (4) weeks prior to the commencement
of principal photography of the Picture and continue through Release (as defined
in Paragraph II.B.2. above) by Artist of the Picture.

    

    d.           Animation DTV Motion
Picture(s).  With respect to animated DTV motion pictures, the
services of Artist shall commence upon pre-production of such Picture and
continue through Release (as defined in Paragraph II.B.2. above) of such
Picture.

    

    e.           Telefilms.

    

    (i)           Live
Action.  With
respect to live-action telefilms, the producing services of Artist shall
commence four (4) weeks prior to the start of principal photography and continue
through Release  of the telefilm on the applicable television
network.

    

    (ii)           Animation.  With respect to animated
telefilms, the producing services of Artist shall commence upon Silver Creek’s
receipt and acceptance of a non-contingent written order for production of the
telefilm and continue through Release of the telefilm on the applicable
television network.

    

    f.           Original
Television Pilot/Series.

    

    (i)           Live
Action.  With
respect to live action series television, Lender shall furnish Artist to render
non-exclusive services (provided, however, that any services
which Artist may render for Lender, on Artist's own behalf or for third parties
shall not materially interfere with the timely performance of Lender’s and Artist's services and obligations
hereunder) as a producer in connection with an
original live action pilot(s) and/or original live action series project as
follows:

    

    (A)          Pilot
Services.  Subject to Paragraph III.F.
below, Lender shall cause Artist to fully perform all producing services and
material obligations required hereunder in
connection with any pilot(s) (each an “Original
Pilot”).  If
Silver Creek commences Artist’s services on said Original Pilot during the Term
but the Term expires prior
to Artist’s completion of such services, then notwithstanding such expiration,
Artist will complete such services hereunder.

    

    (B)           Series
Services.  Subject to Paragraph III.F.
below, Lender shall cause Artist to fully perform all producing services and
material obligations required hereunder in connection with any original series based on an Original
Pilot (each an
“Original
Series”).  If
Silver Creek commences Artist’s services on said Original Series during the Term
but the Term expires prior to Artist’s completion of such services, then
notwithstanding such expiration, Artist shall continue to render services as
required by Silver Creek hereunder for up to one (1) additional
year.

    
      
         

      

      
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    NO-QUOTE
/ NON-PRECEDENTIAL

    

    (ii)           Animation.  With respect to animated
television series, subject to Paragraph III.F. below, Lender shall furnish the
services of Artist to render non-exclusive (provided, however, that any services
which Artist may render for Lender, on Artist's own behalf or for third parties
shall not materially interfere with the timely performance of Lender’s and Artist's services and obligations
hereunder) producing
services in animated television series production as required
hereunder. Artist shall render said producing
services as follows:

    

    (A)           Pilot
Services.  Subject to Paragraph III.F.
below, Lender shall cause Artist to fully perform all producing services and
material obligations required hereunder in connection with an Original
Pilot.  If Silver Creek commences Artist’s services on said Original
Pilot during the Term but the Term expires prior to Artist’s completion of such
services, then notwithstanding such expiration, Artist will complete such
services hereunder.

    

    (B)           Series
Services.  Subject to Paragraph III.F.
below, Lender shall cause Artist to fully perform all producing services and
material obligations as required hereunder in connection with any Original
Series based on an Original Pilot.  If Silver Creek commences Artist’s
services on said Original Series during the Term but the Term expires prior to
Artist’s completion of such services, then notwithstanding such expiration,
Artist shall continue to render services as required by Silver Creek hereunder
for up to one (1) additional year.

    

    C.           PRODUCING COMPENSATION -
ARTIST SUBMITTED PROPERTIES

    

    1.           Theatrical Motion
Picture(s).  If a Picture based on an Artist-Submitted Property
is produced and released as a feature-length theatrical motion picture, either
live-action or animated (as applicable), then, subject to Artist’s full
performance of all producing services and material obligations hereunder, and
provided the Condition Precedent set forth in Paragraph I.A. above has been
satisfied, and neither Lender nor Artist is in breach or default of a material
term or condition hereunder, Lender shall be entitled to receive the applicable
fixed compensation and the applicable contingent payments and/or box office
bonus(es) (“Box Office Bonus[es]”) set forth below:

     

    
      
         

      

      
        11

        
          

        

      

      
         

      

    

     

    NO-QUOTE
/ NON-PRECEDENTIAL
 

    a.           Live-Action
Picture(s).

    

    
      i.          
 Fixed
Compensation.  The flat sum of $450,000 (the “Live-Action
Theatrical Fixed Compensation”), less an amount equal to one-half (1/2) of the
aggregate Overhead Allowance paid or payable pursuant to Paragraph III.G.1.
below (and not otherwise recouped pursuant to Paragraph III.H. below), which
Live-Action Theatrical Fixed Compensation shall not be payable hereunder unless
and until the applicable amount of the Overhead Allowance is recouped pursuant
to Paragraph III.H.1. below.  The Live-Action Theatrical Fixed
Compensation shall accrue and become payable to Lender as
follows:

    

    

    
      (A)     
    20% in
equal weekly installments during the eight (8) weeks prior to the start of
principal photography of the applicable Picture, if ever;

    

    

    
      (B)        
  60% in
equal weekly installments over the scheduled period of principal photography of
the applicable Picture;

    

    

    
      (C)      
    10% upon
completion of dubbing and scoring; and

    

    

    
      (D)     
     10% on
Delivery of the completed applicable Picture to Silver Creek (including coverage
for television as set forth in Paragraph III.D. below).

    

    

    
      Said
Live-Action Theatrical Fixed Compensation is an all-inclusive flat fee and no
additional compensation shall be payable by reason of overtime, weekend work,
holidays, etc.  Lender shall become “pay-or-play” for the Live-Action
Theatrical Fixed Compensation set forth in this Paragraph II.C.1.a.i. for the
applicable Picture upon the last to occur of:  (A) satisfaction of the
Condition Precedent set forth in Paragraph I.A. above; (B) written notice to
Lender or Artist from a Silver Creek Business Affairs Executive that Silver
Creek has elected to proceed with production of the applicable Picture; (C)
written designation to Lender or Artist from a Silver Creek Business Affairs
Executive of the start date for the applicable Picture; (D) Silver Creek’s
validation and approval of an “all-in” final budget for the applicable Picture;
and (E) such time that the two (2) principal actors on the Picture become
unconditionally “pay-or-play” for their respective fixed compensation in
connection with the Picture.

    

    
      
         

      

      
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    NO-QUOTE
/ NON-PRECEDENTIAL

    
 

    
      ii.           Live-Action Theatrical Box
Office Bonuses.

    

    

    
      (A)          The flat
sum of $150,000 at such time, if ever, that the domestic (i.e., U.S. and
Canada) theatrical box office gross receipts of the Picture, as reported in
Daily Variety (“DBO
Receipts”) equal or exceed an amount equal to two and one-half (2-1/2) times the
“Negative Cost” of the Picture (as defined in Paragraph II.C.1.a.iv.(E)
below) (the
“Theatrical DBOR Trigger Point”);Silver Creek

    

    

    (B)
          The additional flat
sum of $250,000 at such time, if ever, that the DBO Receipts (as defined in
Paragraph II.C.1.a.ii.(A) above) of the Picture equal or exceed an amount equal
to the combined total of: (A) the Theatrical DBOR Trigger Point (as defined in
Paragraph II.C.1.a.ii.(A) above); plus (B) $25,000,000;

    

    (C)           The
additional flat sum of $250,000 at such time, if ever, that the DBO Receipts (as
defined in Paragraph II.C.1.a.ii.(A) above) of the Picture equal or exceed an
amount equal to the combined total of: (A) the Theatrical DBOR Trigger Point (as
defined in Paragraph II.C.1.a.ii.(A) above); plus (B) $50,000,000;

    

    (D)           The
additional flat sum of $250,000 at such time, if ever, that the DBO Receipts (as
defined in Paragraph II.C.1.a.ii.(A) above) of the Picture equal or exceed an
amount equal to the combined total of: (A) the Theatrical DBOR Trigger Point (as
defined in Paragraph II.C.1.a.ii.(A) above); plus (B) $100,000,000;

    

    (E)           The
additional flat sum of $250,000 at each time, if ever, that DBO Receipts (as
defined in Paragraph II.C.1.a.ii.(A) above) of the Picture equal or exceed an
amount equal to the combined total of: (A) the Theatrical DBOR Trigger Point (as
defined in Paragraph II.C.1.a.ii.(A) above); plus (B) an additional $25,000,000
(i.e., at
Theatrical DBOR Trigger Point plus $125,000,000; at Theatrical DBOR Trigger
Point plus $150,000,000 in DBO Receipts; at Theatrical DBOR Trigger Point plus
$175,000,000, and so on).

    

    iii.           Live-Action Theatrical
Merchandising Royalty.  If a Picture is produced and released
hereunder as a live-action theatrical motion picture, and subject to Lender’s
and Artist’s full performance of all services and material obligations
hereunder, and provided neither Lender nor Artist is in breach or default of a
material term or condition hereunder, then Lender shall be entitled to receive
the following merchandising royalty (“Live-Action Theatrical Merchandising
Royalty”) with respect to merchandising based upon the applicable Picture;
provided, however, Silver Creek shall first be entitled to recoup from the
following Merchandising Royalty one-half (1/2) of the aggregate unrecouped
Overhead Allowance payable pursuant to Paragraph III.G.1. below (and not
otherwise recouped pursuant to Paragraphs II.C.1.a.i. and/or II.C.1.a.ii. above
and/or Paragraph III.H. below), and the set forth herein below shall not be
payable unless and until such unrecouped Overhead Allowance is first recouped
hereunder:

    
      
         

      

      
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    NO-QUOTE
/ NON-PRECEDENTIAL

    

    (A)           Live-Action Theatrical
Merchandising Royalty.  An amount equal to 2-1/2% of 100% of
WDP’s “Net Merchandising Income” (as defined in Paragraph II.C.1.a.iv.(H)
below), if any, of the Picture, from “first dollar” of Net Merchandising Income,
if any.

    

    (B)           Lender’s
contingent ancillary payment shall be inclusive of any amounts payable to Lender
for the services of Artist (other than as a producer) in connection therewith
pursuant to any applicable guild agreements (which shall be deemed paid at the
minimum applicable payment required).

    

    
      iv.           Definitions.  The
following definitions shall apply:

    

    

    
      (A)          
“Contingent
Proceeds” as referenced herein shall be defined, computed, accounted for and
paid in accordance with Silver Creek’s Exhibit “CB.”

    

    

    
      (B)           “Defined
Receipts” as referenced herein shall be defined, computed and accounted for in
accordance with Silver Creek’s Exhibit “DRCB.”

    

    

    
      (C)           “Adjusted
Defined Receipts” as referenced herein shall be defined, computed, accounted for
and paid in accordance with Silver Creek’s Exhibit “DRCB,” and is defined as the
Defined Receipts specified in Paragraph 1.1.A. of Schedule 1 thereof (subject to
the exclusions set forth in Paragraph 1.1.B. of Schedule 1 thereof), less the
deductions set forth in Paragraph 1.1.C. of Schedule 1 thereof, but substituting
theatrical reissue costs in place of the theatre level advertising expenses set
forth in Paragraph 1.1.C.1. of Schedule 1 thereof (i.e., costs incurred
in connection with conversions, checking, collections, residuals, trade dues,
licenses, taxes and theatrical reissue costs).

    

    

    
      (D)           Intentionally
omitted.

    

     

    
      
         

      

      
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      NO-QUOTE
/ NON-PRECEDENTIAL

       

    

    (E)           “Negative
Cost” shall be defined as the sum of: (i) the “Cost of Production” as defined in
Paragraph 1.5 of Schedule 1 of Exhibit “CB,” attached hereto and incorporated
herein by this reference, of the Picture; (ii) the funding charge (“Funding
Charge”) as set forth in Paragraph C of Exhibit “CB,” and (iii) an additional
fifteen percent (15%) of the Cost of Production (the “15% Charge”) as set forth
in Paragraph D of Exhibit “CB”; provided, however, with respect to any reference
to a multiple of Negative Cost (i.e., as set forth in
Paragraph II.C.1.a.ii.[A], the Theatrical DBOR Trigger Point, defined as an
amount equal to two and one-half [2-1/2] times Negative Cost), the multiplier
shall be applied only to the Cost of Production and not to the Funding Charge or
the 15% Charge, each of which shall be included only
once.  Accordingly, “two and one-half (2-1/2) times the Negative Cost”
shall be calculated as an amount equal to the sum of the following: (X) two and
one-half (2-1/2) times the Cost of Production; (Y) an amount equal to the
Funding Charge; and (Z) an amount equal to the 15% Charge.

    

    (F)           Intentionally
omitted.

    

    
      (G)          
Intentionally
omitted.

    

    

    (H)           “Net Merchandising
Income”.  With respect to items of merchandising (including
Interactive Product, as defined in Paragraph II.F.1.c.ii below [except in the
event Lender is entitled to an Interactive Product Royalty pursuant to the terms
of Paragraph III.F. below, in which event no Interactive Product shall be
included hereunder for purposes of calculating Net Merchandising Income] and
other products and services) and book publication (including children’s
storytelling recordings, as distinguished from soundtrack records, but excluding
souvenir programs and similar publications) based on the applicable Picture,
“Net Merchandising Income” as used herein shall mean as follows:

    

    (i)           For
items sold by a licensee of WDP, the royalties WDP receives from such licensee
that are remaining after WDP first deducts (a) a percentage deduction of
thirty-five percent (35%) (inclusive of subdistributor fees); and fifteen
percent (15%) plus any subdistributor’s fees for any book novel; and (b) any
out-of-pocket costs and royalties to third parties (including any royalty
granted to Lender for the services of Artist in any capacity other than as
producer); or

    

    (ii)           For
items sold by WDP at the wholesale or retail level, at WDP’s discretion, an
amount equal to either (a) seven percent (7%) of the wholesale price of such
items sold by WDP at the wholesale level (less a reasonable allowance for
returns); or (b) seven percent (7%) of fifty percent (50%) of the gross retail
revenues of such items sold by WDP at the retail level (less a reasonable
allowance for returns) after WDP first deducts (i) a percentage deduction of
thirty-five percent (35%); and fifteen percent (15%) with respect to any book
novel; and (ii) out-of-pocket costs and royalties to third parties (including
any royalty granted to Lender for the services of Artist in any capacity other
than as producer).

    
      
         

      

      
        15

        
          

        

      

      
         

      

    

     

    
      NO-QUOTE
/ NON-PRECEDENTIAL

    

       

    (iii)           In
no event shall any items of merchandise be treated as falling under both
provisions (i) and (ii) above.

    

    (iv)           Posters
furnished exhibitors for display or promotion, advertisements, jackets of video
discs and cassettes and phonorecords, printed programs and novelizations of the
story of a Picture and other publications relating to a Picture, soundtrack
recordings from the Picture, and distribution of promotional material and
exhibition of any "trailer" or “Featurette” (as defined in Paragraph III.Q.
below) for the Picture, and the aforementioned usages, shall not be considered
“merchandise” and accordingly neither Lender nor Artist shall be entitled to any
royalty hereunder in connection therewith.

    

    v.           Fair
Compensation.  Lender and Artist acknowledge that the
Live-Action Theatrical Fixed Compensation provided to be paid pursuant to
Paragraph II.C.1.a.i. above is by itself fair, reasonable and sufficient
compensation for all services rendered by Artist in connection with the
applicable Picture hereunder and for all rights granted to Silver Creek by
Lender and Artist hereunder, whether or not any Live-Action Theatrical
Contingent Payment(s) pursuant to Paragraph II.C.1.a.ii. above or any
Live-Action Theatrical Merchandising Royalty pursuant to Paragraph II.C.1.a.iii.
above ever become payable to Lender.

    

    
      b.         
 Animated
Picture(s).

    

    

    
      i.            
Animated Theatrical Fixed
Compensation.  The flat sum of $100,000 (the “Animated
Theatrical Fixed Compensation”), less $50,000 of the aggregate unrecouped Overhead Allowance
payable pursuant to
Paragraph III.G.1. below (and not otherwise recouped pursuant to Paragraph
III.H. below), which Animated Theatrical Fixed Compensation shall not be payable
hereunder unless and until such $50,000 of the unrecouped Overhead Allowance is first recouped hereunder (provided, however, in the event Artist
renders visual development services in addition to producing services as set
forth above, then, in lieu of the foregoing $100,000 Animated Theatrical Fixed
Compensation, Lender shall instead be entitled to receive the flat sum of
$200,000, less $50,000 of the aggregate unrecouped Overhead Allowance
payable pursuant to Paragraph III.G.1. below
[and not otherwise recouped
pursuant to Paragraph III.H. below]), and the applicable Animated
Theatrical Fixed Compensation shall accrue and become payable to Lender as
follows:

    

    
      
         

      

      
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    NO-QUOTE
/ NON-PRECEDENTIAL

       

    
      (A)          
 1/3 upon
approval to proceed after the Picture is 100% up on reels;

    

    

    
      (B)         
  1/3 upon
approval to commence element production of sequences of the Picture;
and

    

    

    
      (C)        
   1/3 upon
delivery and approval of first check print on film and D-cinema
master.

    

    

    
      Said
Animated Fixed Compensation is an all-inclusive flat fee and no additional
compensation shall be payable by reason of overtime, weekend work, holidays,
etc.

    

    

    ii.           Animated Theatrical
Contingent Bonus(es).  If the Picture is produced, completed
and released as an animated feature-length theatrical motion picture, and in the
event that the cumulative Domestic Theatrical Box Office Gross Receipts, as
reported in Daily
Variety with respect to the initial theatrical release of the Picture,
equal or exceed the applicable threshold set forth below, then Lender shall be
entitled to receive the following Animated Theatrical Contingent Bonus(es);
provided, however, Silver Creek shall be entitled to recoup from the Animated
Theatrical Contingent Bonus(es) set forth below one-half (1/2) of the aggregate
unrecouped Overhead Allowance payable pursuant to Paragraph III.G.1. below (and
not otherwise recouped pursuant to Paragraph III.H. below), and the following
Animated Theatrical Contingent Bonuses shall not be payable unless and until
such unrecouped Overhead Allowance is first recouped hereunder:

    

    (A)           The
flat sum of $40,000 at such time, if ever, that the domestic (i.e., United States
and Canada) theatrical box office gross receipts as reported in Daily Variety (“Domestic Box
Office Gross Receipts”) of the applicable Picture equal or exceed an amount
equal to one and eight-tenths (1.8) times the “Production Costs” (as defined in
Paragraph II.C.1.b.ii.(E) below) of the Picture (the “DBOR Trigger
Point”);

    

    (B)           The
flat sum of $50,000 at such time, if ever, that the applicable Picture achieves
the DBOR Trigger Point (as defined in Paragraph II.C.1.b.ii.(A) above) plus an
additional $25,000,000 in Domestic Box Office Gross Receipts;

    
      
         

      

      
        17

        
          

        

      

      
         

      

    

    NO-QUOTE
/ NON-PRECEDENTIAL

     

    (C)           The
flat sum of $60,000 at such time, if ever, that the applicable Picture achieves
the DBOR Trigger Point (as defined in Paragraph II.C.1.b.ii.(A) above) plus an
additional $50,000,000 in Domestic Box Office Gross Receipts; and

    

    (D)           The
additional flat sum of $70,000 at each time, if ever, that the applicable
Picture achieves the DBOR Trigger Point (as defined in Paragraph II.C.1.b.ii.(A)
above) plus an additional $25,000,000 in Domestic Box Office Gross Receipts –
i.e., at DBOR
Trigger Point plus $75,000,000 in Domestic Box Office Gross Receipts; at DBOR
Trigger Point plus $100,000,000 in Domestic Box Office Gross Receipts; at DBOR
Trigger Point plus $125,000,000, and so on.

    

    (E)           The
definition of “Production Costs”, solely for purposes of the Animated Theatrical
Contingent Bonus(es) set forth above, are the aggregate of all costs, charges,
claims and expenses paid or incurred by Silver Creek in connection with the
development, production and delivery of the applicable animated theatrical
Picture, including payments required to be made following production of the
applicable Picture, determined in the customary manner Silver Creek accounts for
Production Costs at the time the Picture is produced.  Such Production
Costs shall include, without limitation: (i) all Silver Creek employee labor
costs, as well as non-employee labor costs, including fringe benefit costs, and
related reasonable outside legal costs charged to the Picture (including,
without limitation, artistic, producer, director, production management, voice
talent, writers, composers, musicians and editorial labor costs); (ii) an
allocation of all technology costs determined in the customary manner Silver
Creek allocates technology costs at the time the applicable Picture is produced;
and (iii) other non-labor costs, such as rights, costs, travel, supplies,
transportation, relocation, etc., charged to the applicable
Picture.

    

    iii.           Fair
Compensation.  Lender and Artist acknowledge that the Animated
Theatrical Fixed Compensation provided to be paid pursuant to Paragraph
II.C.1.b.i. above is by itself fair, reasonable and sufficient compensation for
all services rendered by Artist in connection with the applicable Picture
hereunder and for all rights granted to Silver Creek by Lender and Artist
hereunder, whether or not any Animated Theatrical Contingent Bonus(es) pursuant
to Paragraph II.C.1.b.ii. above ever becomes payable to Lender.

    
      
         

      

      
        18

        
          

        

      

      
         

      

    

    NO-QUOTE
/ NON-PRECEDENTIAL

     

    2.           Direct-to-Video
Producing
Fees.  If a Picture based on an
Artist-Submitted Property is produced and released as a feature-length
DTV motion picture (i.e., the initial release of the Picture is
a so-called “direct-to-video” release, and the Picture is not first released
theatrically or otherwise),
either live-action or animated, then, subject to Artist’s full performance of
all producing services and material obligations hereunder, and provided the
Condition Precedent set forth in Paragraph I.A. above has been satisfied, and
neither Lender nor Artist is in breach or default of a material term or
condition hereunder, Lender shall be entitled to receive the following, as
applicable:

    

    a.           Live-Action DTV
Picture(s).

    

    i.           Live-Action
DTV Fixed
Compensation.  The flat sum of $100,000 (“Live-Action DTV Fixed Compensation”),
less $50,000 of the aggregate Overhead Allowance payable pursuant to Paragraph III.G.1.
below (and not otherwise recouped pursuant to Paragraph III.H. below), which
Live-Action DTV
Fixed Compensation shall
not be payable hereunder unless and until such $50,000 of the unrecouped Overhead
Allowance is first recouped hereunder (pursuant to the terms of Paragraph III.H.1. below), and which Live-Action DTV Fixed
Compensation shall accrued and become payable as follows:

    

    (A)           20% in equal weekly installments during
the four (4) weeks prior to the scheduled start of principal
photography;

    

    (B)           60% in equal weekly installments over
the scheduled period of principal photography;

    

    (C)           10% upon completion of dubbing and
scoring; and

    

    (D)           10% on delivery of the completed Picture
to Silver Creek (including television
coverage).

    

    ii.           Live-Action
DTV Contingent
Bonus(es).  Subject to Artist's full
performance of all services and material obligations and provided the applicable
Picture based on an
Artist-Submitted Property is produced and released as a live-action DTV Picture, Lender shall be entitled
to the following Live-Action DTV Contingent Bonus(es)
in connection
therewith; provided, however, Silver Creek shall first be entitled to recoup from the
following Live-Action DTV
Contingent Bonus(es) one-half (1/2) of the aggregate unrecouped Overhead Allowance payable pursuant to Paragraph III.G.1.
below (and not otherwise recouped pursuant to Paragraph III.H. below), and the
following Live-Action DTV
Contingent Bonus(es) shall
not be payable unless and until such unrecouped Overhead Allowance is first recouped hereunder:

     

    
      
         

      

      
        19

        
          

        

      

      
         

      

    

     

    
      NO-QUOTE
/ NON-PRECEDENTIAL
 

      
        (A)          For a live-action DTV Picture with a “DTV Negative Cost” (as defined in Paragraph
II.C.2.a.iii.[B] below) of $8,000,000 or more:

      

      
      

    

    (I)           
The flat sum of $100,000 at such time, if ever, that the
applicable DTV Picture achieves worldwide “DTV Defined
Receipts” (as defined in Paragraph II.C.2.a.iii.[A]
below) equal to or in excess of an amount equal to four and one-half (4-1/2) times the “DTV Negative Cost” (as defined in
Paragraph II.C.2.a.iii.[B] below) of the Picture;

    

    (II)           The flat sum of $125,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to five (5) times the DTV Negative Cost of the Picture;

    

    (III)         The flat sum of $150,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to five and one-half
(5-1/2) times the DTV Negative
Cost of the Picture;

    

    (IV)         The flat sum of $175,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to six (6) times the DTV Negative
Cost of the Picture;

    

    (V)           The flat sum of $200,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount equal
to six and one-half
(6-1/2) times the DTV Negative
Cost of the Picture;

    

    (VI)         The flat sum of $225,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to seven (7) times the DTV Negative Cost of the Picture; and

    

    (VII)        The flat sum of $250,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to seven and one-half
(7-1/2) times the DTV Negative Cost of the Picture; and

     

    
      
         

      

      
        20

        
          

        

      

      
         

      

    

     

    
      NO-QUOTE
/ NON-PRECEDENTIAL

       

    

    (VIII)      An additional flat sum of $250,000 at each such time, if ever, that the applicable
DTV Picture achieves DTV
Defined Receipts equal to
or in excess of a multiple
of DTV Negative Cost increasing in increments of an additional fifty percent
(50%) of such DTV Negative Cost of the Picture, i.e., an additional flat sum of $250,000
shall become due and payable at such time, if ever, that “DTV Defined Receipts”
equal or exceed: (i) eight (8) times DTV Negative Cost; (ii) eight and one-half
(8-1/2) times DTV Negative Cost; (iii) nine (9) times DTV Negative Cost; and so
on.

    

    (B)           For a live-action DTV Picture with a “DTV Negative Cost” (as defined in Paragraph
II.C.2.a.iii.[B] below) of less than $8,000,000 but more than $4,000,000, in lieu of
any amounts set forth in Paragraph II.C.2.a.ii.(A) above, the following
Live-Action DTV Contingent Bonus(es) (if any) shall apply:

    

    (I)        
   The flat sum of
$50,000 at such time, if ever, that the
applicable DTV Picture achieves worldwide “DTV Defined
Receipts” (as defined in Paragraph II.C.2.a.iii.[A]
below) equal to or in excess of an amount equal to four and one-half (4-1/2) times the “DTV Negative Cost” (as defined in
Paragraph II.C.2.a.iii.[B] below) of the Picture;

    

    (II)           The flat sum of $75,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to five (5) times the DTV Negative Cost of the Picture;

    

    (III)         The flat sum of $100,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to five and one-half
(5-1/2) times the DTV Negative
Cost of the Picture;

    

    (IV)         The flat sum of $125,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to six (6) times the DTV Negative
Cost of the Picture;

    

    (V)           The flat sum of $150,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount equal
to six and one-half
(6-1/2) times the DTV Negative
Cost of the Picture;

     

    
      
         

      

      
        21

        
          

        

      

      
         

      

    

     

    
      NO-QUOTE
/ NON-PRECEDENTIAL

       

    

    (VI)         The flat sum of $175,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to seven (7) times the DTV Negative Cost of the Picture; and

    

    (VII)        The flat sum of $200,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to seven and one-half
(7-1/2) times the DTV Negative Cost of the Picture; and

    

    (VIII)      An additional flat sum of $200,000 at each such time, if ever, that the applicable
DTV Picture achieves DTV
Defined Receipts equal to
or in excess of a multiple
of DTV Negative Cost increasing in increments of an additional fifty percent
(50%) of such DTV Negative Cost of the Picture, i.e., an additional flat sum of $200,000
shall become due and payable at such time, if ever, that “DTV Defined Receipts”
equal or exceed: (i) eight (8) times DTV Negative Cost; (ii) eight and one-half
(8-1/2) times DTV Negative Cost; (iii) nine (9) times DTV Negative Cost; and so
on.

    

    (C)           For a live-action DTV Picture with a “DTV Negative Cost” (as defined in Paragraph
II.C.2.a.iii.[B] below) of less than $4,000,000, in lieu of any amounts set forth in
Paragraph II.C.2.a.ii.(A) or Paragraph II.C.2.a.ii.(B) above, the following
Live-Action DTV Contingent Bonus(es) (if any) shall apply:

    

    (I)           The flat sum of $25,000 at such time, if ever, that the
applicable DTV Picture achieves worldwide “DTV Defined
Receipts” (as defined in Paragraph II.C.2.a.iii.[A]
below) equal to or in excess of an amount equal to four and one-half (4-1/2) times the “DTV Negative Cost” (as defined in
Paragraph II.C.2.a.iii.[B] below) of the Picture;

    

    (II)          The flat sum of $25,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to five (5) times the DTV Negative Cost of the Picture;

    
      
         

      

      
        22

        
          

        

      

      
         

      

    

    
      NO-QUOTE
/ NON-PRECEDENTIAL

    

       

    (III)         The flat sum of $50,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to five and one-half
(5-1/2) times the DTV Negative
Cost of the Picture;

    

    (IV)         The flat sum of $50,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to six (6) times the DTV Negative
Cost of the Picture;

    

    (V)          The flat sum of $75,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount equal
to six and one-half
(6-1/2) times the DTV Negative
Cost of the Picture;

    

    (VI)         The flat sum of $75,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to seven (7) times the DTV Negative Cost of the Picture; and

    

    (VII)        The flat sum of $100,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to seven and one-half
(7-1/2) times the DTV Negative Cost of the Picture; and

    

    (VIII)      An additional flat sum of $100,000 at each such time, if ever, that the applicable
DTV Picture achieves DTV
Defined Receipts equal to
or in excess of a multiple
of DTV Negative Cost increasing in increments of an additional fifty percent
(50%) of such DTV Negative Cost of the Picture, i.e., an additional flat sum of $100,000
shall become due and payable at such time, if ever, that “DTV Defined Receipts”
equal or exceed: (i) eight (8) times DTV Negative Cost; (ii) eight and one-half
(8-1/2) times DTV Negative Cost; (iii) nine (9) times DTV Negative Cost; and so
on.

    
      
         

      

      
        23

        
          

        

      

      
         

      

    

    
      NO-QUOTE
/ NON-PRECEDENTIAL

    

                        

    iii.           Definitions:

    

    (A)           “DTV Defined Receipts” shall mean all monies actually received by
Buena Vista Home Entertainment, Inc. (“BVHE”) from the manufacture and distribution of
audio-visual cassettes, video discs and all electronic, digital and optical
storage and transmission formats, and any similar device and format embodying
the complete DTV Picture in
linear form, whether now known or hereafter devised, which is intended
primarily for personal use (“Video Devices”), less the exclusions set forth in Exhibit
“C” (attached hereto and incorporated herein by this reference) and
less the cost of placement
fees and price protection.

    

    (B)           The definition of “DTV Negative Cost”, solely for purposes of the DTV
Contingent Bonus(es) set forth above, shall mean the aggregate of the following: (1) the “DTV Production
Costs” of such DTV Picture, which shall mean the aggregate of all costs, charges, claims and expenses
paid or incurred by BVHE
in connection with the
development, production and delivery of the applicable DTV Picture, including payments required to be made
following production of the applicable DTV Picture, determined in the customary
manner BVHE accounts for DTV Production Costs at the time the DTV Picture is produced; and which DTV
Production Costs shall include, without limitation:
(i) all labor costs, including fringe benefit costs, and related reasonable
outside legal costs charged
to the DTV Picture (including, without limitation,
artists, actors, producers, director, production
management and
crew, voice talent,
writers, composers, musicians and editorial labor costs); (ii) an allocation of
all technology costs determined in the customary manner BVHE allocates technology costs at the time
the applicable DTV Picture
is produced; and (iii) other non-labor costs, such as
rights, costs, travel, supplies, transportation, relocation, etc., charged to
the applicable DTV; (2)
a “funding charge” in an amount equal to 1.25 times the prime
rate of the Bank of America, as the same may vary from time to time, on the
total amount of the DTV
Production Costs as described herein above, commencing from the respective dates
on which amounts chargeable hereunder are paid or incurred (whichever
first occurs) and continuing until the middle of the accounting period in
which those amounts are
recouped; and (3) an
additional fifteen percent
(15%) of the DTV Production Costs, which 15% shall be charged
concurrently with the incurring of the respective items of DTV Production Costs.

    

    iv.           Fair
Compensation.  Lender and Artist acknowledge that the
Live-Action DTV Fixed Compensation provided to be paid pursuant to Paragraph
II.C.2.a.i. above is by itself fair, reasonable and sufficient compensation for
all services rendered by Artist in connection with the applicable Picture
hereunder and for all rights granted to Silver Creek by Lender and Artist
hereunder, whether or not any Live-Action DTV Contingent Bonus(es) pursuant to
Paragraph II.C.2.a.ii. above ever becomes payable to Lender.

    
      
         

      

      
        24

        
          

        

      

      
         

      

    

    
      NO-QUOTE
/ NON-PRECEDENTIAL

    

         

    b.           Animated DTV
Picture(s).

    

    i.    
        Fixed
Compensation.  The flat sum of
$50,000 (“Animated DTV Fixed Compensation”), less
$25,000 of the aggregate Overhead Allowance payable pursuant to Paragraph III.G.1.
below (and not otherwise recouped pursuant to Paragraph III.H. below), which
Animated DTV Fixed Compensation shall not be
payable hereunder unless and until such $25,000 of the unrecouped Overhead Allowance is first recouped hereunder (pursuant to
the terms of Paragraph III.H.1. below), and which Animated DTV Fixed Compensation shall accrued and
become payable as follows:

    

    (A)          1/3
upon approval to proceed after the Picture is 100% up on reels;

    

    
      (B)           1/3 upon
approval to commence element production of sequences of the Picture;
and

    

    

    
      (C)           1/3 upon
delivery and approval of first check print on film and D-cinema
master.

    

    

    
      Said
Animated DTV Fixed Compensation is an all-inclusive flat fee and no additional
compensation shall be payable by reason of overtime, weekend work, holidays,
etc.

    

    

    ii.           Animated DTV
Contingent
Bonus(es).  Subject to Artist's full
performance of all services and material obligations and provided the applicable
Artist-Submitted Picture is produced and released as an animated DTV Picture,
Lender shall be entitled to the following Animated DTV Contingent
Bonus(es) in connection therewith; provided, however, Silver Creek shall be entitled to recoup from the
following Animated DTV Contingent
Bonus(es) one-half (1/2) of
the aggregate unrecouped
Overhead Allowance
payable pursuant to
Paragraph III.G.1. below (and not otherwise recouped pursuant to Paragraph
III.H. below), and the Animated DTV Contingent
Bonus(es) set forth
below shall not be payable unless and until
such unrecouped Overhead
Allowance is first recouped hereunder:

    

    (A)           For an animated DTV Picture with a “DTV Negative Cost” (as defined in Paragraph
II.C.2.a.iii.[B] below) of $8,000,000 or more:

     

    
      
         

      

      
        25

        
          

        

      

      
         

      

    

    
      NO-QUOTE
/ NON-PRECEDENTIAL

    (I)           The flat sum of $100,000 at such time, if ever, that the
applicable DTV Picture achieves worldwide “DTV Defined
Receipts” (as defined in Paragraph II.C.2.a.iii.[A]
below) equal to or in excess of an amount equal to four and one-half (4-1/2) times the “DTV Negative Cost” (as defined in
Paragraph II.C.2.a.iii.[B] below) of the Picture;

    

    (II)          The flat sum of $125,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to five (5) times the DTV Negative Cost of the Picture;

    

    (III)         The flat sum of $150,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to five and one-half
(5-1/2) times the DTV Negative
Cost of the Picture;

    

    (IV)         The flat sum of $175,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to six (6) times the DTV Negative
Cost of the Picture;

    

    (V)          The flat sum of $200,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount equal
to six and one-half
(6-1/2) times the DTV Negative
Cost of the Picture;

    

    (VI)         The flat sum of $225,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to seven (7) times the DTV Negative Cost of the Picture; and

    

    (VII)        The flat sum of $250,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to seven and one-half
(7-1/2) times the DTV Negative Cost of the Picture; and

    

    (VIII)      An additional flat sum of $250,000 at each such time, if ever, that the applicable
DTV Picture achieves DTV
Defined Receipts equal to
or in excess of a multiple
of DTV Negative Cost increasing in increments of an additional fifty percent
(50%) of such DTV Negative Cost of the Picture, i.e., an additional flat sum of $250,000
shall become due and payable at such time, if ever, that “DTV Defined Receipts”
equal or exceed: (i) eight (8) times DTV Negative Cost; (ii) eight and one-half
(8-1/2) times DTV Negative Cost; (iii) nine (9) times DTV Negative Cost; and so
on.

    
      
         

      

      
        26

        
          

        

      

      
         

      

    

     

    
      NO-QUOTE
/ NON-PRECEDENTIAL

       

    

    (B)           For an animated DTV Picture with a “DTV Negative Cost” (as defined in Paragraph
II.C.2.a.iii.[B] below) of less than $8,000,000 but more than $4,000,000, in lieu of
any amounts set forth in Paragraph II.C.2.a.ii.(A) above, the following Animated
DTV Contingent Bonus(es) (if any) shall apply:

    

    (I)           The flat sum of $50,000 at such time, if ever, that the
applicable DTV Picture achieves worldwide “DTV Defined
Receipts” (as defined in Paragraph II.C.2.a.iii.[A]
below) equal to or in excess of an amount equal to four and one-half (4-1/2) times the “DTV Negative Cost” (as defined in
Paragraph II.C.2.a.iii.[B] below) of the Picture;

    

    (II)          The flat sum of $75,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to five (5) times the DTV Negative Cost of the Picture;

    

    (III)         The flat sum of $100,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to five and one-half
(5-1/2) times the DTV Negative
Cost of the Picture;

    

    (IV)         The flat sum of $125,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to six (6) times the DTV Negative
Cost of the Picture;

    

    (V)          The flat sum of $150,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount equal
to six and one-half
(6-1/2) times the DTV Negative
Cost of the Picture;

    

    (VI)         The flat sum of $175,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to seven (7) times the DTV Negative Cost of the Picture; and

    
      
         

      

      
        27

        
          

        

      

      
         

      

    

     

    
      NO-QUOTE
/ NON-PRECEDENTIAL
      

    

    (VII)        The flat sum of $200,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to seven and one-half
(7-1/2) times the DTV Negative Cost of the Picture; and

    

    (VIII)      An additional flat sum of $200,000 at each such time, if ever, that the applicable
DTV Picture achieves DTV
Defined Receipts equal to
or in excess of a multiple
of DTV Negative Cost increasing in increments of an additional fifty percent
(50%) of such DTV Negative Cost of the Picture, i.e., an additional flat sum of $200,000
shall become due and payable at such time, if ever, that “DTV Defined Receipts”
equal or exceed: (i) eight (8) times DTV Negative Cost; (ii) eight and one-half
(8-1/2) times DTV Negative Cost; (iii) nine (9) times DTV Negative Cost; and so
on.

    

    (C)           For an animated DTV Picture with a “DTV Negative Cost” (as defined in Paragraph
II.C.2.a.iii.[B] below) of less than $4,000,000, in lieu of any amounts set forth in
Paragraph II.C.2.a.ii.(A) or Paragraph II.C.2.a.ii.(B) above, the following
Animated DTV Contingent Bonus(es) (if any) shall apply:

    

    (I)           The flat sum of $25,000 at such time, if ever, that the
applicable DTV Picture achieves worldwide “DTV Defined
Receipts” (as defined in Paragraph II.C.2.a.iii.[A]
below) equal to or in excess of an amount equal to four and one-half (4-1/2) times the “DTV Negative Cost” (as defined in
Paragraph II.C.2.a.iii.[B] below) of the Picture;

    

    (II)           The flat sum of $25,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to five (5) times the DTV Negative Cost of the Picture;

    

    (III)         The flat sum of $50,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to five and one-half
(5-1/2) times the DTV Negative
Cost of the Picture;

    

    (IV)         The flat sum of $50,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to six (6) times the DTV Negative
Cost of the Picture;

     

    
      
         

      

      
        28

        
          

        

      

      
         

      

    

     

    
      NO-QUOTE
/ NON-PRECEDENTIAL

         

    

    (V)          The flat sum of $75,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount equal
to six and one-half
(6-1/2) times the DTV Negative
Cost of the Picture;

    

    (VI)         The flat sum of $75,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to seven (7) times the DTV Negative Cost of the Picture; and

    

    (VII)        The flat sum of $100,000 at such time, if ever, that the
applicable DTV Picture achieves DTV Defined Receipts equal to or in excess of an amount
equal to seven and one-half
(7-1/2) times the DTV Negative Cost of the Picture; and

    

     (VIII)     An additional flat sum of $100,000 at each such time, if ever, that the applicable
DTV Picture achieves DTV
Defined Receipts equal to
or in excess of a multiple
of DTV Negative Cost increasing in increments of an additional fifty percent
(50%) of such DTV Negative Cost of the Picture, i.e., an additional flat sum of $100,000
shall become due and payable at such time, if ever, that “DTV Defined Receipts”
equal or exceed: (i) eight (8) times DTV Negative Cost; (ii) eight and one-half
(8-1/2) times DTV Negative Cost; (iii) nine (9) times DTV Negative Cost; and so
on.

    

    iii.           Fair
Compensation.  Lender and Artist
acknowledge that the Animated DTV Fixed Compensation provided to be
paid pursuant to Paragraph
II.C.2.b.i. above is by
itself fair, reasonable and sufficient compensation for all services rendered by
Artist in connection with the applicable Picture hereunder and for all rights
granted to Silver
Creek by Lender and Artist
hereunder, whether or not any Animated DTV Contingent Bonus(es) pursuant to
Paragraph II.C.2.b.ii. above ever becomes payable to
Lender.

    

    3.           Television
Producing Fees. If a Television Production based on an Artist-Submitted Property is
produced hereunder,
then, provided Artist is the sole supervisor of the writing of the teleplay upon which
the Television Production is based, and provided Artist has fully performed of all producing services and
material obligations as a producer of the applicable Television
Production (including
without limitation all services set forth in Paragraph C of the Standard Terms)
as, when and where required by Silver Creek, subject to Paragraph III.F. below,
and provided the Condition
Precedent set forth in Paragraph I.A. above has been satisfied, and neither
Lender nor Artist is in breach or default of a term or condition hereunder,
Lender shall be entitled to receive the applicable compensation for the applicable
Television Production, as set forth herein below:

     

    
      
         

      

      
        29

        
          

        

      

      
         

      

    

     

    
      NO-QUOTE
/ NON-PRECEDENTIAL

       

    

    a.           Live-Action
Telefilms of up to Two (2) Hours in Length – Fixed Compensation:  For live action telefilms
of up to two (2) hours in length produced by Artist hereunder, Lender shall be
entitled to receive  the flat sum of $40,000 for telefilms produced by Silver Creek
(or its successor[s] or assignee[s]).

    

    b.           Live-Action
Telefilms in Excess of
Two (2)
Hours in
Length – Fixed
Compensation:  For live action telefilms
in excess of two (2) hours in length produced by Artist hereunder, Lender shall
be entitled to receive the flat sum of $40,000, plus $7,500 for each additional hour
of programming time by which the applicable telefilm exceeds two (2)
hours.

    

    c.           Live-Action
Network Primetime Original Pilots/Original Series – Fixed
Compensation. For
Artist’s producing
services on any live-action
Original Pilots and/or Original Series produced for initial exhibition on a U.S.
television network
(i.e., ABC, CBS, FBC or NBC) “primetime” (as that phrase is commonly
understood in the television industry), Lender shall be entitled to
receive:

    

    (i)           Original
Pilots.

    

    
      
        
          
            	
                    30-minute

                  	 	$	20,000	 
	
                    60-minute

                  	 	$	25,000	 

          

        

      

    

     

    (ii)          Original
Series.

     

    
      
        
          
            	
                    30-minute

                  	 	$	20,000	 
	
                    60-minute

                  	 	$	25,000	 

          

        

      

    

     

    d.           Live Action
Non-Network Primetime Original Pilots/Original Series – Fixed
Compensation.  For Artist’s producing services on any live-action Original Pilots
and/or Original Series produced for initial exhibition on television, via any
means other than U.S. television network primetime (e.g., “new networks” [e.g., UPN, WB], syndication or
cable), Lender shall be entitled to
receive:

    

    (i)           Original
Pilots.

    

    
      
        
          
            	
                    30-minute

                  	 	$	15,000	 
	
                    60-minute

                  	 	$	20,000	 

          

        

      

    

     

    
      
         

      

      
        30

        
          

        

      

      
         

      

    

    
      NO-QUOTE
/ NON-PRECEDENTIAL
    

    (ii)          Original
Series.

    

    
      
        
          
            	
                    30-minute

                  	 	$	15,000	 
	
                    60-minute

                  	 	$	20,000	 

          

        

      

    

                                                                   

    e.           Animated
Television
Productions – Fixed
Compensation.  For Artist’s executive producing
services on any animated
Original Pilots and/or Original Series produced for initial exhibition on
television, via any means, Lender shall be entitled to
receive:

    

    (i)           Original
Pilots.

                         

    
      
        
          
            	
                    30-minute

                  	 	$	15,000	 

          

        

      

    

    

    (ii)          Original
Series.

    

    
      
        
          
            	
                    30-minute

                  	 	$	15,000	 

          

        

      

    

    

    f.           Presentation
/ “Pilotation” – Fixed
Compensation.  If
the applicable original project set forth in Paragraph II.C.3.c.(i),
II.C.3.d.(i) or II.C.3.e.(i), above, is a presentation or a so-called
“pilotation” rather than an Original Pilot, Silver Creek will pay Lender, in lieu of the applicable fees set
forth in Paragraph II.C.3.c.(i), II.C.3.d.(i) or
II.C.3.e.(i) above (as applicable), a fee equal to fifty percent (50%) of
one hundred percent (100%) of the applicable fee, if and as applicable,
provided, however, that if Silver Creek subsequently engages Lender to furnish Artist’s services in
connection with completion of the presentation into an airable Original Pilot,
the Original Pilot is broadcast during primetime as part of the Original Series
by the applicable U.S. national, commercial, free television network and Artist
renders and fully completes all of Artist’s producing services in connection
with such Original Pilot, Silver Creek will pay Artist the balance of the
applicable fee set forth in Paragraph II.C.3.c.(i), II.C.3.d.(i) and/or
II.C.3.e.(i) above (as applicable).

    

    g.           Contingent
Compensation on Television
Productions.  With respect to the applicable
Television Production(s) on which Artist renders producing services hereunder,
Lender shall be entitled to receive the applicable contingent payments set forth
below (the “TV Contingent Payments”):

    

    i.           Telefilms.  Provided the applicable
Picture is produced and released as a telefilm, Lender shall be entitled to 5% of 100% of the “Defined Contingent
Proceeds–T” (as
defined, computed and accounted for
pursuant to Exhibit CB-T attached hereto and incorporated herein by this
reference) of such telefilm.

    
      
         

      

      
        31

        
          

        

      

      
         

      

    

     

    
      NO-QUOTE
/ NON-PRECEDENTIAL

           

    

    ii.           TV
Series
Participation. If Silver Creek (or its successor or
assignee) produces
an Original Series, then solely in connection with Artist’s services on any live-action
Original Series broadcast
in primetime on U.S. national, commercial, free
network television (i.e., ABC, CBS, FBC or NBC), and subject to Artist's full performance of
all producing services in connection with the Original Pilot on which such
Original Series is
based, then for each
episode of the Original Series on which Artist performs services as a producer
at Silver Creek’s request,
Lender shall be entitled to
receive an amount equal to
Ten Percent (10%) of One Hundred Percent (100%) of
“Adjusted Defined Receipts
- Television” (“ADR-T”) (as defined in Paragraph II.C.3.g.iii., below) derived by Silver Creek (or its successor[s] or
assignee[s]) from
exploitation of such
episode(s) of the Series,
reduced on a dollar-for-dollar basis by all participations payable to any third
party(ies) however denominated (including without
limitation defined receipts, gross receipts, adjusted defined receipts, adjusted
gross receipts, defined contingent proceeds and net profits) (collectively,
“Third Party Participations”) to an amount not less than Seven and One-Half Percent (7-1/2
%) of One Hundred Percent
(100%) of such
ADR-T derived by Silver Creek (or its successor[s] or
assignee[s]) from
exploitation of such
episode(s) of the
Series.  All
additional participations granted by Silver Creek to any third parties (excluding
participations payable to co-financiers, if any) in connection with such
Original Series (including without limitation any portion of any participation
which would reduce Lender’s participation below the applicable
floor set forth above) will be borne “off-the-top”.  Notwithstanding
anything to the contrary contained in this Paragraph II.C.3.g.ii., it is understood and agreed that
Lender will not be entitled to receive any
participation in ADR-T in connection with any other programs
produced and intended for broadcast as part of any anthological television
series of which an Original
Pilot and/or Original Series is a part (e.g., “THE MAGICAL WORLD OF DISNEY” or
“THE DISNEY COMEDY/ACTION ADVENTURE HOUR” or any modified or retitled version of
the same).

    
      
         

      

      
        32

        
          

        

      

      
         

      

    

    NO-QUOTE
/ NON-PRECEDENTIAL

                

    iii.           Definition. “Adjusted
Defined Receipts-Television” shall mean “Contingent Proceeds” as defined, and
Lender’s Contingent Bonus, if any, will be computed, accounted for and payable,
pursuant to Exhibit CB-T attached to, and by this reference incorporated in,
this Agreement, with the following modification: (A) there shall be no
Percentage Deduction pursuant to Paragraph A of the Contingent Bonus Formula of
Exhibit CB-T on the initial primetime network sale with respect to primetime
network exploitation on U.S. national, commercial, free network television
(i.e., ABC,
CBS, FBC and NBC); and (B) the Percentage Deductions in Paragraph A of the
Contingent Bonus Formula of Exhibit CB-T shall not exceed fifteen percent
(15%).

    

    iv.           Fair
Compensation.  Lender and Artist acknowledge that the
applicable fixed compensation provided to be paid pursuant to Paragraphs
II.C.3.a. through II.C.3.f. (as applicable) above is by itself fair, reasonable
and sufficient compensation for all services rendered by Artist in connection
with the applicable Television Production hereunder and for all rights granted
to Silver Creek hereunder, whether or not any contingent payment pursuant to
Paragraph II.C.3.g.i. or II.C.3.g.ii. (as applicable) above ever becomes payable
to Lender.

    

    4.            Vesting — Theatrical,
Telefilm and DTV.  If Artist is terminated by exercise of
Silver Creek’s “pay-or-play” right or by reason of Artist’s death or incapacity,
and provided neither Lender nor Artist is in breach or default hereunder, the
applicable contingent payment set forth in Paragraph II.C.1.a.ii., II.C.1.b.ii.,
II.C.2.a.ii. or II.C.2.b.ii. (as applicable) above shall vest in the same
proportion that the applicable fixed compensation actually earned, payable and
accrued (other than by reason of Silver Creek’s exercise of its “pay-or-play”
right) by Lender pursuant to Paragraph II.C.1.a.i., II.C.1.b.i., II.C.2.a.i., or
II.C.2.b.i. (as applicable) above prior to the date of such termination bears to
the total applicable fixed compensation set forth in Paragraph II.C.1.a.i.,
II.C.1.b.i., II.C.2.a.i., or II.C.2.b.i. (as applicable) above.

    

    D.           CREDIT-ARTIST-SUBMITTED
PROPERTIES

    

    If a Picture is produced and released
as a feature-length theatrical or DTV motion picture based on an
Artist-Submitted Property and if Artist fully performs all producing services
and material obligations in connection with such Picture and further subject to
Silver Creek’s standard exclusions and exceptions (including artwork title
exceptions), and subject to any union or guild restrictions or obligations,
Silver Creek shall accord Artist credit as follows:

    

    1.           Individual Executive
Producer Credit – Theatrical and DTV Motion Pictures.  An
individual “Executive Producer” credit (which credit may be shared in Silver
Creek’s sole discretion), in substantially the form “Executive Producer – Stan
Lee”, as follows:

    

    a.           On
screen.  On a separate card (which card may be shared in Silver
Creek’s sole discretion), in the main titles (if any individual non-cast member
is accorded credit in the main titles; otherwise in the end titles), below or
after the title of the Picture, in an average size of type not less than fifty
percent (50%) of the average size of type of the title on
screen;

    
      
         

      

      
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      NO-QUOTE
/ NON-PRECEDENTIAL

    

                  

    b.           Paid
ads.  In paid ads issued or controlled by Silver Creek, in the
billing block portion only, if any (e.g., if such
otherwise applicable paid ad does not contain a billing block, then Artist shall
not be entitled to receive credit in such paid ad), below or after the regular
(not artwork) title of the Picture, in an average size of type not less than
thirty-five percent (35%) of the average size of type of the regular (not
artwork) title in such billing block; and

    

    c.           Excluded Ads. In the
billing block portion only, if any, of so-called excluded advertising (i.e., if such
otherwise applicable excluded ad does not have a billing block, then Artist
shall not be entitled to receive credit) issued or controlled by Silver Creek,
in which any other individual producer(s) of the Picture is accorded credit in
the billing block portion of such excluded
advertising.  Notwithstanding the foregoing, Artist shall not be
entitled to receive credit in congratulatory, nomination and/or award ads,
special ads, ads specially exempted pursuant to paragraphs 8-203d., 8-203f. and
8-203g. of the DGA Basic Agreement, ads announcing a personal appearance, radio
ads and the audio portion of teasers, trailers and television ads.

    

    2.           Individual Executive
Producer Credit – Television Productions.  Subject to network
and guild restrictions and approvals, with respect to each telefilm and/or each
episode of an Original Series for which Artist renders and fully performs all
services and material obligations as a producer, Silver Creek will accord Artist
an individual executive producer credit on the screen on a separate card in the
main or end titles, at Silver Creek's election, of each such telefilm or episode
of an Original Series, with all other aspects of such credit in Silver Creek’s
sole discretion.

    

    3.           Silver Creek Election /
Co-Presentation or Production Credit.  At the sole election of
Silver Creek (and in Silver Creek’s sole discretion), and further subject to
Artist’s performance of all material terms and conditions hereunder with respect
to the applicable Picture or Non-Picture Project, and subject to Silver Creek’s
standard exclusions and any applicable guild restrictions, Silver Creek may
elect to accord Artist a co-presentation or production company credit on screen,
with all aspects of such credit (if any) in Silver Creek’s sole
discretion.

    

    4.           As
used herein “size” shall mean height, width and thickness.  All other
characteristics of Artist’s credit shall be in Silver Creek’s sole
discretion.  Silver Creek’s failure to accord credit in accordance
with the provisions of this Paragraph II.D. shall not be deemed a breach of this
Agreement.

    
      
         

      

      
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      NO-QUOTE
/ NON-PRECEDENTIAL

    

                                      

    5.           Credit – Other
Media.  Artist’s credit in connection with any other project
shall be subject to good faith negotiation within Silver Creek’s customary
parameters for the applicable project and medium or media.

    

    E.           SILVER CREEK SUBMITTED
PROPERTIES

    

    If Artist
accepts a Silver Creek Submitted Property (as defined in Paragraph I.E.5.,
above) for development and/or production as a Picture hereunder, Silver Creek
and Lender shall negotiate the terms of such agreement, including without
limitation, the amount of Lender’s producing compensation and Artist’s credit in
good faith within Silver Creek’s standard parameters, but in no event shall such
compensation and credit to Lender be greater than the terms of this
Agreement.

    

    F.           INTERACTIVE
PRODUCT

    

    1.           Interactive Product
Producing Services / Compensation.  If Silver Creek accepts a
Property for development and/or production hereunder as an Interactive Product
(as defined herein below), then:

    

    a.           Services.  Lender
shall furnish the services of Artist in connection with the development,
production and marketing of such Interactive Product, which at Silver Creek’s
request may include without limitation, contribution to the design and
development of the Interactive Product, creation of an introduction and/or
instruction manual for the Interactive Product, appearing as a character and/or
performing voice-over services for the Interactive Product; providing press
release quotes, interviews with game and consumer media, satellite media tour
with key broadcast media, participating in marketing brainstorming sessions to
discuss ideas to promote the game; appearance at E3 to sign autographs, conduct
press interviews, and participate in retail buyer meet and greet, speak on game
panel at Comic-Con in San Diego, appear at the Game Developers Conference to
promote the Interactive Product; sign autographed copies of the Interactive
Product for promotional purposes; and/or other promotional services (including
promotion on television talk shows, such as Today Show, Tonight Show, Jimmy
Kimmel, David Letterman, etc.), and as otherwise required by Silver
Creek.  Artist's services hereunder shall be non-exclusive to Silver
Creek; provided that Artist's services to third parties or on Lender’s or
Artist's own account shall not materially interfere with Artist's services
hereunder.  Any publicity services or appearances as set forth above
shall be subject to Artist’s availability due to then-prior conflicting
professional engagements, provided that Artist shall make reasonable best
efforts to be available to render such services in accordance with Silver
Creek’s reasonable timelines; and provided further that Lender and Artist
acknowledge that it is of the essence of this Agreement that Artist be available
to Silver Creek and the distributor of the applicable Interactive Product to
publicize and promote the Interactive Product as set forth above.

     

    
      
         

      

      
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      NO-QUOTE
/ NON-PRECEDENTIAL

    

       

    b.           Interactive Product
Royalties and Sequel Payments.

    

    i.           Initial Interactive
Product.  If a Property is accepted for development initially
as an Interactive Product, and is thereafter produced and distributed initially
as an Interactive Product (i.e., such
Interactive Product is not based upon any Picture or any Non-Picture Project),
and Artist fully performs all services and material obligations in connection
therewith (including those set forth in Paragraph F.1.a. above), then Lender
shall be entitled to receive the following royalties generated by the initial
Interactive Product sales as follows:

    

    (A)           Until
such time, if ever, as Silver Creek fully recoups any rights payment(s) required
to be made in connection with any and all initial Interactive Product sales,
Silver Creek shall retain any and all revenues;

    

    (B)           After
such time, if ever, that Silver Creek fully recoups the any and all rights
payment on any and all initial Interactive Product sales, Lender shall be
entitled to receive an amount equal to five percent (5%) (the “Initial
Interactive Product Royalty”) of Silver Creek’s “Net Interactive Income”, as
defined in Paragraph II.F.1.c.i. below.

    

    ii.           Interactive Product Based on
a Picture Produced under this Agreement.  If a Property is
initially developed and produced as a Picture hereunder, and thereafter Silver
Creek engages Lender to furnish the services of Artist in connection with a
Interactive Product based upon such Picture, and Artist fully performs all
services as set forth in Paragraph F.1.a. above in connection therewith, and
such other services as may be required by Silver Creek, including without
limitation assisting in the creation of new characters and situations for the
Interactive Product that do not appear in the Picture upon which it is based,
then, in lieu of any Initial Interactive Product Royalty set forth in Paragraph
F.1.b.i. above, and in lieu of any Live-Action Theatrical Merchandising Royalty
pursuant to Paragraph II.C.1.a.iii. above in connection with such Interactive
Product, Lender shall be entitled to the following:

    

    (A)           Picture-Based Interactive
Product Royalty.  An amount equal to three percent (3%) of
Silver Creek’s “Net Interactive Income” (as defined in Paragraph II.F.1.c.i.,
below), if any, of the applicable Picture, from “first dollar” of Net
Interactive Income, if any (the “Picture-Based Interactive Product
Royalty”).

     

    
      
         

      

      
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      NO-QUOTE
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    (B)           Lender’s
Picture-Based Interactive Product Royalty shall be inclusive of any amounts
payable to Lender for the services of Artist (other than as a producer) in
connection therewith pursuant to any applicable guild agreements (which shall be
deemed paid at the minimum applicable payment required).

    

    (C)           No Live-Action Theatrical
Merchandising Royalty.  In the event Lender is entitled to
receive a Picture-Based Interactive Product Royalty pursuant to this Paragraph
II.F.1.b.ii. above, then Lender shall not be entitled to any Live-Action
Theatrical Merchandising Royalty, pursuant to Paragraph II.C.1.a.iii. above,
with respect to any Interactive Product.  Accordingly, in such event,
any receipts based upon Interactive Product shall be excluded from the
definition of Net Merchandising Income in Paragraph II.C.1.a.iv.(H)
above.

    

    iii.           In
the event Silver Creek produces an Interactive Product Sequel to the initial
Interactive Product, as defined in Paragraph II.F.1.c.iii. below, and Lender and
Artist fully performed all services and material obligations in connection with
the initial Interactive Product, then, provided Artist is available as, when and
where required by Silver Creek to render services on such Interactive Product
Sequel, Artist shall have the first opportunity to render services on such
Interactive Product Sequel (which opportunity may be shared with others, in
Silver Creek’s sole discretion) upon the following terms:

    

    (A)           If
the Interactive Product Sequel is launched within six (6) months before or after
the release of any Picture related thereto, then Lender shall be entitled to
receive the Picture-Based Interactive Product Royalty, set forth in Paragraph
II.F.1.b.ii. above; OR

    

    (B)           If
the Interactive Product Sequel is launched outside of six (6) months before or
after the release of any Picture related thereto, then Lender shall be entitled
to receive the Initial Interactive Product Royalty, set forth in Paragraph
II.F.1.b.i. above.

    

    Notwithstanding
the foregoing, in the event Artist elects not to render services in connection
with such Interactive Product Sequel or is unavailable as, when and where
required by Silver Creek, Silver Creek shall have no further obligation to
Lender or Artist with respect to such Interactive Product Sequel.  As
a matter of clarity, ports of an Interactive Product to a different platform
shall not be considered Sequels.

     

    
      
         

      

      
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      NO-QUOTE
/ NON-PRECEDENTIAL

    

     

    
      	
               
      

            	
              c.

            	
              Definitions:

            

    

    

    i.           “Net
Interactive Income” means the cash receipts actually collected by Silver Creek
in immediately available United States dollars from sales of units of the
initial Interactive Product or Merchandise based on the Property which are sold
separately throughout the world less deductions for (i) a 20% administration
fee; (ii) Silver Creek’s out-of-pocket production and marketing costs and
expenses; (iii) costs of goods manufactured, including any fees charged by a
platform manufacturer; (iv) price protection and other allowances in the normal
course of business; and (v) and returned or exchanged units and other credits,
allowances, discounts, rebates.

    

    ii.           “Interactive
Product” means any interactive audio-visual work, including without limitation
interactive games and other software or applications, based upon an
Artist-Submitted Property, for the following platforms: (i) home video game
systems (such as the Sony PlayStation 2, the Microsoft Xbox, the Nintendo N64,
etc.) and the successor platforms to each; (ii) personal computer systems (e.g.,
multimedia personal computers that utilize IBM-compatible operating systems,
multimedia personal computers that utilize the Apple Macintosh operating system,
etc.); (iii) arcade-based, coin-operated video game systems; (iv) hand-held
video game systems (such as the Sega Game Gear and the Nintendo Game Boy
Advance); (v) television set-top boxes and plug and play devices; (vi) digital
video disc systems (DVD) capable of operation on personal computer systems,
stand alone players, or otherwise; (vii) wireless and handheld devices (e.g., PDAs,
Blackberries, cell phones, etc.); and (viii) internet applications designed to
be accessed and played by any number of users serially or simultaneously solely
via the internet or other remote delivery method without the purchase of a
retail product (e.g., massively multiplayer games, online arcade games,
games-on-demand, pay for play, free promotional games, etc.).

    

    iii.           “Interactive
Product Sequel” means an Interactive Product utilizing the principal character
or characters of the initial Interactive Product based on the Artist-Submitted
Property participating in entirely different events than those portrayed in the
initial Interactive Product, whether prior to, concurrent with or subsequent to
the events portrayed in the initial Interactive Product and whose plot is
substantially new.

    

    G.           THEME PARK
ATTRACTIONS

    

    1.           Development
Services.  In the event Silver Creek elects (in its sole
discretion) to develop an Artist-Submitted Property initially as a theme park
project attraction or other theme park project (a "Theme Park Project"), and
solely in the event that such Theme Park Project is not based upon either (a) a
Picture or other Non-Picture Project developed and/or produced by Silver Creek
hereunder; or (b) any WDP-Submitted Property hereunder, then Lender shall
furnish the consulting services of Artist hereunder in connection with the
concept, design and elements of such Theme Park Project, as requested by Silver
Creek and as more fully set forth in Paragraph II.G.2 below, in consideration of
the Overhead Allowance payable pursuant to Paragraph III.G. below.

     

    
      
         

      

      
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      NO-QUOTE
/ NON-PRECEDENTIAL

    

     

    2.           Production Services and
Compensation.  In the event Silver Creek in its sole discretion
elects to proceed with the production of a Theme Park Project based upon an
Artist-Submitted Property that was submitted (as set forth in Paragraph II.G.1.
above) initially for development as a Theme Park Project, then, Lender shall
cause Artist to attend meetings and render consulting services in connection
with the Theme Park Project on a day-to-day basis as requested by Silver Creek,
the scheduling of which shall be subject to Artist’s availability due to
then-prior conflicting contractual commitments in the entertainment
industry.  Subject to Artist’s full performance of all services and
material obligations hereunder, and as full and complete consideration for
Lender's engagement hereunder, Lender shall be entitled to receive a one-time,
flat consulting fee of $25,000 (the “Theme Park Consulting Fee”) for all
services rendered hereunder.  The foregoing Theme Park Consulting Fee
shall be payable to Lender upon the later of (i) Silver Creek’s receipt of an
executed original of this Agreement (in form and substance acceptable to Silver
Creek), and (ii) Silver Creek’s election to proceed with production of the
applicable Theme Park Project.

    

    3.           The
foregoing Theme Park Consulting Fee is an all-inclusive flat fee for all
services rendered and all rights granted by Lender and Artist hereunder, and,
except as may be required by law, no increased or additional compensation shall
be payable by reason of Artist’s rendition of services at night, on Saturdays,
Sundays or holidays, or after the expiration of any particular number of hours
in a day.

    

    H.           OTHER
MEDIA

    

    If Silver
Creek designates a Property hereunder as the basis for any other project in any
other media, which is not specified herein above (an “Other Media Project”),
then if Silver Creek engages Lender to cause Artist to perform producing
services in connection with such Other Media Project, Lender shall be entitled
to receive compensation and Artist shall render services in accordance with
terms to be negotiated in good faith by Lender and Silver Creek, within Silver
Creek’s standard parameters with respect to the applicable
medium.  Silver Creek shall also have the Right of Last Refusal (as
set forth and defined below) in connection with Artist’s services on such Other
Media Project.  The term “Right of Last Refusal” means that if Lender
and Silver Creek fail to reach an agreement after good faith negotiations and
thereafter Lender (when permitted after the expiration of the Term) makes and/or
receives any bona fide offer in connection with the applicable Other Media
Project, or any interest therein, and Lender proposes to accept such offer,
Lender shall notify Silver Creek, by registered mail or telegram, of such offer,
the name of the offerer, the proposed financial terms and other material terms
of such offer.  During the period of ten (10) business days following
Silver Creek’s receipt of such notice, Silver Creek shall have the exclusive
option to engage Artist’s services in connection therewith and/or to license
and/or acquire the rights to the applicable Other Media Project, as the case may
be, on the same financial terms and such other terms as are set forth in such
notice.  If Silver Creek elects to exercise said option, Silver Creek
shall notify Lender and/or Artist of the exercise thereof within said ten (10)
business day period, otherwise Lender shall be free to accept said bona fide
offer; provided, that if any such proposed exercise or disposition is not
consummated within sixty (60) calendar days following the expiration of said ten
(10) business day period, Silver Creek’s option shall revive and shall apply to
each and every further offer or offers at any time received by Lender and
relating to the applicable Other Media Project; provided, further, that Silver
Creek’s option shall continue in full force and effect, upon all the terms and
conditions of this Paragraph II.H., so long as Lender and/or Artist retain any
right, title or interest in or to the applicable Other Media Project and
provided, further, that Silver Creek’s option shall inure to the benefit of
Silver Creek, its successors and assigns, and shall bind Lender and Artist and
their respective successors and assigns.

     

    
      
         

      

      
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      NO-QUOTE
/ NON-PRECEDENTIAL

    

    
    

    I.           USE OF ARTIST’S
NAME

    

    Silver
Creek shall have the right to publish, advertise, announce and use in any manner
or medium the name, biography, photographs and/or other likenesses, and
interviews and/or quotes of Artist in connection with any Property submitted for
development hereunder, any Picture or Non-Picture Project developed and/or
produced hereunder (including without limitation any Interactive Product
pursuant to Paragraph II.F. above and any Theme Park Project pursuant to
Paragraph III.G. above), and/or any other services performed by Artist hereunder
and any other exercise by Silver Creek of its rights hereunder.

    

    III.           MISCELLANEOUS

    

    The following shall be applicable to
all Pictures produced by Artist hereunder:

    

    
      	
            	
              A. 

            	
              FIRST OPPORTUNITY -
      THEATRICAL SEQUEL; THEATRICAL REMAKE; TELEVISION
      PRODUCTION, DTV PRODUCTION

            

    

    

    1.           Theatrical Sequel /
Remake.  For a period of five (5) years after the initial
release (if any) of a Picture, if Silver Creek elects, in its sole discretion,
to produce the initial theatrical sequel and/or initial theatrical remake based
upon the applicable Picture, and provided (i) Artist produced the applicable
Picture; (ii) the Picture was completed at a final negative cost not exceeding
the WDP-approved final budget (“Final Budget”) plus an amount equal to ten
percent (10%) of the below-the-line portion of the Final Budget (excluding costs
due to force majeure events, net insurance recoveries, changes approved in
writing by a Business Affairs Executive of Silver Creek and retroactive
increases to union scale personnel after approval of the budget by Silver
Creek); and (iii) the applicable Picture is not over schedule and if Artist is
then still active as a producer in the theatrical motion picture industry at
such time, Artist shall have the first opportunity to produce such initial
theatrical sequel and/or initial remake (which opportunity may be shared with
others) on terms to be negotiated in good faith (within Silver Creek’s usual
parameters); provided, however, that in the event no agreement is reached within
thirty (30) days, or Artist elects not to produce or is unavailable, Silver
Creek shall have the right to engage another producer and shall have no further
obligation to Lender or Artist with respect to such producing services
hereunder.

     

    
      
         

      

      
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      NO-QUOTE
/ NON-PRECEDENTIAL

    

    
    

    2.           Television
Production.  For a period of five (5) years after the initial
release (if any) of a Picture, if Silver Creek elects, in its sole discretion,
to produce the initial television motion picture based on the applicable Picture
(i.e., a pilot,
initial episode of a series, a movie-of-the-week or miniseries, collectively a
“Television Production”), and provided (i) Artist produced the applicable
Picture; (ii) the Picture was completed at a final negative cost not exceeding
the WDP-approved final budget (“Final Budget”) plus an amount equal to ten
percent (10%) of the below-the-line portion of the Final Budget (excluding costs
due to force majeure events, net insurance recoveries, changes approved in
writing by a Business Affairs Executive of Silver Creek and retroactive
increases to union scale personnel after approval of the budget by Silver
Creek); and (iii) the applicable Picture is not over schedule and if Artist is
then still active as a producer in the television industry at such time, then
Silver Creek shall first negotiate in good faith with Artist (within Silver
Creek’s usual parameters) for Artist’s producing services on the Television
Production; provided, however, that Artist’s engagement in connection with such
Television Production shall be subject to network, licensee or other broadcaster
approval.  If Silver Creek and Artist fail to agree on terms for
Artist’s services in connection with such initial Television Production within
thirty (30) days following Silver Creek’s service of notice on Artist of the
commencement of negotiations therefor, if Artist is unavailable or Artist elects
not to produce, or if Lender or Artist is/are not approved by the network,
licensee, or other broadcaster, Silver Creek shall have the right to engage
another producer(s) and shall have no further obligation to Lender or Artist
with respect to such producing services.

    

    3.           Direct-to-Video
Production.  For a period of five (5) years after the first
general release (if any) of the Picture, if Silver Creek elects (in its sole
discretion) to produce the initial direct-to-video sequel or remake based on the
Picture (a "Direct-to-Video Production") and Silver Creek elects (in its sole
discretion) to engage an outside producer in connection therewith, and provided
Artist produced the Picture and is then active as a producer in the theatrical
and/or television motion picture industry and is available as, when and where
required by Silver Creek, and if the Picture was completed at a final negative
cost not exceeding the WDP-approved final budget (“Final Budget”) plus an amount
equal to ten percent (10%) of the below-the-line portion of the Final Budget
(excluding costs due to any event of force majeure, changes approved in writing
by a Business Affairs Executive of Silver Creek, retroactive pay increase to
union personnel which increase could not be reasonably anticipated by Artist,
and net insurance recoveries) and the production is not overschedule, then
Artist shall have the first opportunity to produce such Direct-to-Video
Production upon terms to be negotiated with Artist in good faith within Silver
Creek's standard parameters.  If Silver Creek and Lender and/or Artist
fail to agree on terms for Artist's services on such Direct-to-Video Production
within thirty (30) days following Silver Creek's service of notice on Artist of
the commencement of negotiations therefor, if Artist is unavailable, or if
Artist elects not to produce, then Silver Creek shall have no further obligation
to Lender or Artist with respect to such Direct-to-Video Production. If Silver
Creek and Artist enter into an agreement for the initial Direct-to-Video
Production, such agreement shall contain a provision substantially similar to
this Paragraph III.A.3.

     

    
      
         

      

      
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      NO-QUOTE
/ NON-PRECEDENTIAL

    

       

    B.           APPROVALS AND
CONTROLS

    

    1.           Silver Creek’s
Rights.  Silver Creek shall retain all approvals and controls,
including without limitation, the right to designate the production manager,
estimator and location auditor, and the right to initiate action at any time and
in any respect in connection with each Picture

    

    2.           Artist’s
Rights.  Notwithstanding the foregoing, Artist shall have the
right to meaningfully consult with Silver Creek with respect to the key creative
and production elements (i.e., final
screenplay, director, principal cast and line producer), for each theatrical
and/or DTV Picture produced hereunder; provided that (i) Artist is available for
such consultation as, when and where Silver Creek requests; (ii) any such
consultation with Artist shall be at no cost to WDP; and (iii) in the event of
disagreement, Silver Creek’s decision shall be final and binding.

    

    3.           Conditions on Artist’s
Rights.  Lender and Artist hereby acknowledge that third
parties may have similar consultation rights with Silver
Creek.  Artist’s right of consultation shall be personal to Artist and
may not be delegated to any third party.

    

    4.           Final
Budget.  Lender and Artist further acknowledge and agree that
(1) the “all-in” budget approved and validated by Silver Creek for a Picture
shall be deemed to be the final budget (“the Final Budget”) for such Picture,
and (2) the rendering of producing services by Artist pursuant to the terms of
this Agreement after notification by Silver Creek of Silver Creek’s approval and
validation of the Final Budget for a Picture constitutes Lender’s and Artist’s
acceptance of the Final Budget.

    
      
         

      

      
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      NO-QUOTE
/ NON-PRECEDENTIAL

    

       

    C.           EXPENSES AND
TRANSPORTATION

    

    Subject to the terms of Paragraph
III.G.3. below, if Silver Creek requires Artist to travel more than 50 miles
from Artist's principal place of residence (presently Los Angeles County,
California) in connection with Artist's producing services hereunder, then
Artist shall be entitled to receive during such travel period:  (i)
(A) with respect to theatrical Pictures, a proratable (at 1/7 thereof per day)
weekly allowance, in lieu of all other living or other expenses of $2,250 in
major metropolitan cities (i.e., New York City, London, Paris, Tokyo), $2,000 in
other major metropolitan cities (e.g., San Francisco, Chicago) and $1,750
elsewhere, (B) with respect to Television Productions, a first-class hotel room
(as designated by Silver Creek in its sole discretion) plus $100 per diem; and
(C) with respect to DTV Pictures, a first-class hotel room (as designated by
Silver Creek in its sole discretion) plus $75 per diem; (ii) non-exclusive
ground transportation to and from airports and locations; and (iii)
reimbursement for the reasonable cost of one (1) domestic mid-size, self-drive
rental car.  Silver Creek shall not be responsible for any other
expenses or perquisites of Artist relating to such travel to premieres and/or
previews.  All travel arrangements shall be made through Silver
Creek's location or travel department.

    

    D.           DELIVERY; LENGTH; RATING;
COVER SHOTS

    

    1.           Live-Action
Picture(s).  The following requirements relate only to Pictures
produced as live-action theatrical motion pictures.  Lender shall
cause Artist to deliver each completed Picture to Silver Creek within a post
production schedule approved by Silver Creek.  “Delivery” shall be
deemed to have occurred only upon Artist’s delivery to Silver Creek of an answer
print that conforms to all of Silver Creek’s standard delivery requirements,
including, without limitation, the following requirements, and in this regard
time is of the essence:

    

    a.           Each
Picture shall have a running time of not less than ninety-five (95) minutes and
not more than one hundred fifteen (115) minutes, shall be photographed on 35mm
Kodak film, in color, with an aspect ratio of 1.85:1, and shall not be filmed
with use of a hard matte.

    

    b.           Each
Picture shall adhere to the applicable existing Silver Creek-approved shooting
script as of the commencement of principal photography of such Picture, and
Artist shall not make any changes therein without the prior written approval of
a Silver Creek Business Affairs Executive.

    

    c.           Each
Picture shall qualify for an MPAA rating of “G” or “PG,” unless a more
restrictive rating is agreed to in writing by a Silver Creek Business Affairs
Executive prior to commencement of principal photography of the applicable
Picture.

    

    d.           Artist
shall cause to be photographed and furnished to Silver Creek “cover shots” and
alternate scenes and dialogue which can be incorporated into the applicable
Picture to render it suitable for exhibition on United States network primetime
television, and Artist shall cause to be delivered to Silver Creek a television
version of such Picture which shall have a running time of not less than
ninety-three (93) minutes and fourteen (14) seconds, and which shall be in
accordance with applicable network “Standard and Practices” regulations and
similar network requirements regarding the content of motion pictures and the
applicable “Standards and Practices” regulations and similar requirements of The
Disney Channel.  Such cover shots and alternate scenes and dialogue
shall be such that same can be integrated into such primetime network version of
the applicable Picture without materially changing or impairing the continuity
of the storyline of such Picture.  Silver Creek shall have the
absolute right to use such cover shots and/or cut each Picture (or such
television version) in order to meet broadcast time and other
requirements.

    
      
         

      

      
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      NO-QUOTE
/ NON-PRECEDENTIAL

    

                                                 

    e.           Lender
and Artist will comply with Silver Creek’s budget and business
practices.  Each Picture shall contain end credits which shall not
exceed a total of three (3) minutes in length and shall conform to Silver
Creek’s standard policies concerning same.

    

    2.           Animated
Picture(s).  The following requirements relate only to animated
theatrical motion pictures.  Lender shall cause Artist to deliver each
completed Picture to Silver Creek within a post-production schedule approved by
Silver Creek.  “Delivery” shall be deemed to have occurred only upon
Artist’s delivery to Silver Creek of an answer print that conforms to all of
Silver Creek’s standard delivery requirements, including, without limitation,
the following requirements, and in this regard time is of the
essence:

    

    a.           Each
Picture shall be filmed in color in 35mm with an aspect ratio of 1:85:1, have a
running time of not less than seventy (70) minutes and not more than ninety (90)
minutes, and shall not be filmed with use of a hard matte.

    

    b.           Each
Picture shall adhere to the final Silver Creek-approved shooting script and
story board for the Picture, and Artist shall not make any changes therein
without the prior written approval of a Silver Creek Business Affairs
Executive.

    

    c.           Each
Picture shall qualify for an MPAA rating of “G.”

    

    d.           Lender
and Artist will comply with Silver Creek’s budget and business
practices.  Each Picture shall contain end credits which shall not
exceed a total of three (3) minutes in length and shall conform to Silver
Creek’s standard policies concerning same.

     

    
      
         

      

      
        44

        
          

        

      

      
         

      

    

     

    
      NO-QUOTE
/ NON-PRECEDENTIAL

    

                      

    E.           OWNERSHIP AND
DISTRIBUTION

    

    The
results and proceeds of Artist’s services hereunder, including without
limitation all material composed, submitted, added, created, or interpolated by
Lender and/or Artist hereunder (hereafter the “Work”), which Lender and Artist
acknowledge may have been or may be rendered in collaboration with others, shall
be deemed a work-made-for-hire specifically ordered by Silver Creek, and Lender
and Artist hereby further acknowledge that all of the Work has been paid for by
Silver Creek and is the sole property of Silver Creek for any and all purposes
whatsoever.  Notwithstanding the preceding sentence, Lender and Artist
hereby assign and/or grant all rights, including all exclusive exploitation
rights, of every kind and nature (including any and all copyrights and
neighboring rights, to the extent such assignment is allowed by law) in and to
such Work to Silver Creek.  All rights to such Work are owned by
Silver Creek solely and exclusively, for the duration of the rights in each
country and area and space, in all languages, and throughout the
universe.  Lender and Artist and Silver Creek are aware and hereby
acknowledge that new rights to the Work may come into being and/or be recognized
in the future, under the law and/or in equity (hereafter the “New Exploitation
Rights”), and Lender and Artist intend to and do hereby grant and convey to
Silver Creek any and all such New Exploitation Rights to the Work granted by
Lender and Artist hereunder.  Lender and Artist and Silver Creek are
also aware and do hereby acknowledge that new (or changed) (1) technology, (2)
uses, (3) media, (4) formats, (5) modes of transmission and (6) methods of
distribution, dissemination, exhibition or performance (hereafter the “New
Exploitation Methods”) are being and will inevitably continue to be developed in
the future, which would offer new opportunities for exploiting the
Work.  Lender and Artist intend and do hereby grant and convey to
Silver Creek any and all rights to such New Exploitation Methods with respect to
the Work.  Lender and Artist hereby agree to execute any document
Silver Creek deems in its interest to confirm the existence of the preceding and
to effectuate its purpose to convey such rights to Silver Creek, including
without limitation the New Exploitation Rights and any and all rights to the New
Exploitation Methods.  Lender and Artist further hereby agree that
it/she will not seek (1) to challenge, through the courts, administrative
governmental bodies, private organizations, or in any other manner the rights of
Silver Creek to exploit the Work by any means whatsoever or (2) to thwart,
hinder or subvert the intent of the grants and conveyances to Silver Creek
herein and/or the collection by Silver Creek of any proceeds relating to the
rights conveyed hereunder.

     

    
      
         

      

      
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      NO-QUOTE
/ NON-PRECEDENTIAL

    

                       

    F.           NO OBLIGATION TO
USE

    

    Silver Creek is not obligated to
produce, distribute, and/or exploit any Picture or Non-Picture Project
hereunder, or, if commenced, to continue the production, distribution, or
exploitation of any Picture or Non-Picture Project in any
territory.  Regardless of whether or not Silver Creek elects to
produce, distribute and/or exploit any Picture or Non-Picture Project (or to
commence same), Silver Creek is not obligated to use the services of Lender
and/or Artist or the results and proceeds thereof in whole or in
part.

    

    G.           OVERHEAD
ALLOWANCE

    

    1.           Overhead
Allowance.  Silver Creek shall provide Lender with an
accountable overhead allowance in the sum of (a) $350,000 for the Initial Term
(“Initial Term Overhead Allowance”); and (b) $400,000 for the Optional Term
(“Optional Term Overhead Allowance”), if the Option for such Optional Term is
exercised (each, the applicable “Overhead Allowance”).  The applicable
Overhead Allowance shall be payable in equal monthly installments during the
Term, provided that on no less than a quarterly basis, Lender shall provide
Silver Creek with verification of such expenses (in form and substance
acceptable to Silver Creek) incurred in connection therewith.  The
Overhead Allowance shall be deemed reimbursement for all of Lender’s, Artist’s
and Lender’s staff’s overhead, office space, supplies, costs and expenses
including, but not limited to, salaries, insurance, worker’s compensation,
entertainment, and office equipment (e.g., computers),
furniture, phones, messenger services, photocopying and all other expenses of
Lender, Artist and Lender’s staff, except solely as set forth in Paragraph
III.G.2. below.  In no event will Silver Creek be required to pay more
than $350,000 for the Initial Term (nor more than $400,000 for the Optional Term
[if exercised]) for Lender’s and/or Artist’s overhead expenses in connection
with this Agreement.

    

    2.           General. No sums from
the applicable Overhead Allowance may be used for any legal or accounting costs
of Lender and/or Artist.   Except as set forth herein and in
Paragraph III.C. above, Silver Creek shall not be responsible for any expense or
perquisite of Lender, Artist or of Lender’s
staff.   Notwithstanding anything to the contrary set forth
herein above, the transportation and expenses provision set forth in Paragraph
III.C. above shall apply in connection with Artist’s services on a Picture which
has been provided a “greenlight” by Silver Creek, in its sole discretion, which
travel expenses (subject to the terms and conditions of such Paragraph III.C.)
shall be charged to such “greenlit” Picture and not against the Overhead
Allowance.

    

    3.           Applicability of the
Overhead Allowance against Rights Payments and
Compensation.  With respect to Pictures and/or Non-Picture
Projects, the following shall apply:

    

    a.           Theatrical
Projects.  One-half (1/2) of the aggregate Overhead Allowance
payable pursuant to Paragraph G.1. above shall be deemed to be an advance
against, and fully recoupable by Silver Creek from one hundred percent (100%) of
the aggregate applicable theatrical fixed and contingent compensation that
Lender may be entitled to receive pursuant to Paragraph C.1.,
above.

    
      
         

      

      
        46

        
          

        

      

      
         

      

    

    NO-QUOTE
/ NON-PRECEDENTIAL

                

    b.           Television Productions and
DTV Pictures.  Unless otherwise specified in the applicable
paragraph above, one-half (1/2) of the aggregate Overhead Allowance payable
pursuant to Paragraph G.1. above shall be deemed to be an advance against, and
fully applicable against and recoupable by Silver Creek from fifty percent (50%)
of the aggregate applicable fixed compensation which Lender may be entitled to
receive pursuant to Paragraphs II.C.2.a.i., II.C.2.b.i or II.C.3.a. through f.
above, as applicable, and from one hundred percent (100%) of the contingent
compensation that Lender may be entitled to receive in connection with each such
Television Production and/or DTV Picture (as set forth in Paragraphs
II.C.2.a.ii, II.C.2.b.ii and II.C.3.g. above, as applicable).

    

    c.           All
Rights Payments made pursuant to Paragraphs I.E.2. and I.E.3. above shall be
fully applicable against and deducted from the aggregate Overhead Allowance
payable pursuant to Paragraph III.G.1. above.

    

    d.           For
purposes of clarity, the full aggregate amount of the Overhead Allowance shall
be deemed and advance against and fully recoupable by Silver Creek from any and
all Pictures and Non-Picture Projects produced hereunder, provided that Silver
Creek shall not recoup any sum more than once (e.g., if a portion of
the Overhead Allowance is recouped from a theatrical project, that same portion
may not also be recouped from a DTV project).

    

    4.           Overhead
Reimbursement.  If at any time (a) Lender and/or Artist grants
an option in, assigns, sells or otherwise “sets-up” with a third party a
Property submitted to Silver Creek by Artist hereunder which is rejected by
Silver Creek or a Property submitted by Artist to Silver Creek which is accepted
for development by Silver Creek and later abandoned by Silver Creek, or (b)
Lender provides the services of Artist to render producing or other services for
a third party (such a Property/project for a third party shall be referred to
herein as a “Outside Project”), then Lender shall reimburse Silver Creek a
portion of the overhead unrecouped pursuant to Paragraph III.H. below, in the
amount of $100,000 per Outside Project (provided such Outside Project is a
theatrical motion picture), and in the amount of $50,000 for any Outside Project
other than a theatrical motion picture, which applicable sum shall be payable to
Silver Creek upon Artist’s commencement of services in connection with the
applicable Outside Project, but in no event later than commencement of principal
photography (if applicable) of the applicable Outside Project.

    

    H.           RECOUPMENT OF
COSTS

    

    Silver Creek shall be entitled to
recoup such Overhead Allowance as follows:

     

    
      
         

      

      
        47

        
          

        

      

      
         

      

    

     

    
      NO-QUOTE
/ NON-PRECEDENTIAL

      
      

    

    1.           Recoupment from the Budget
of Each Picture or project.  Silver Creek shall add to the
budget and include in the negative cost of a Picture or Non-Picture Project
produced hereunder all remaining costs and charges incurred or paid by Silver
Creek hereunder prior to release of the applicable Picture or Non-Picture
Project, including any portion of the Overhead Allowance not recouped pursuant
to Paragraph III.G.3. above; subsequent costs and charges shall be charged to
the next Picture or Non-Picture Project produced, and so on.  If there
is no next Picture or Non-Picture Project, then all accumulated subsequent costs
and charges shall be charged back (equally if there is more than one preceding
Picture or Non-Picture Project) to the preceding Picture(s) or Non-Picture
Project(s) produced hereunder.  If a next Picture or Non-Picture
Project commences pre-production prior to the date of release of the immediately
preceding Picture or Non-Picture Project, then such costs and charges incurred
or paid by Silver Creek during such period shall be equally allocated between
the two Pictures and/or Non-Picture Projects.  Such costs shall
include, without limitation, all overhead costs incurred by Silver Creek and the
development costs of Properties which have been abandoned hereunder, plus
accrued interest on all such costs.  The intent is that no such costs
hereunder shall be left uncharged.

    

    2.           Outside
Projects.  In addition and without limiting the provisions of
Paragraph III.H.1. above, Silver Creek shall be entitled to reimbursement of the
Overhead Allowance in the sums set forth in Paragraph III.G.4. above in
connection with any Outside Project(s) on which Artist renders services during
the Term hereof and for a period of two (2) years after expiration of the
Term.

    

    I.           PREMIERE

    

    Provided
that Artist fully performs all producing services and material obligations
hereunder in connection with the Picture and provided Artist is not in breach or
default of a material term or condition hereunder, Artist shall receive an
invitation for herself and one (1) non-business related companion to attend one
(1) major United States celebrity premiere (“Premiere”) of the Picture, if
any.  In the event the Premiere is more than fifty (50) miles away
from Artist’s then-principal place of residence and Artist attends such
Premiere, Artist shall be entitled to receive one (1) first-class round-trip air
transportation (if available and used for this purpose) from Artist’s
then-principal place of residence for Artist and Artist’s non-business related
companion, and Artist only shall receive the proratable weekly allowance
provided for in Paragraph III.C. above, to cover Artist’s living or other
expenses for Artist’s trip to said Premiere.  Except as set forth in
the preceding sentence, Silver Creek shall not be responsible for payment of any
living and/or other expenses incurred in connection with or arising from the
attendance of Artist or Artist’s companion at any such Premiere.

    

    J.           SERVICES
UNIQUE

    

    Lender and Artist recognize that
Artist’s services hereunder are of a special, unique, unusual, extraordinary and
intellectual character, giving them a peculiar value, the loss of which cannot
be reasonably or adequately compensated for in damages, and in the event of a
breach of this Agreement by Lender or Artist (particularly, but without
limitation, with respect to the provisions hereof relating to the exclusivity of
Artist’s services), Silver Creek shall, in addition to all other remedies
available to it, be entitled to seek equitable relief by way of injunction and
any other legal or equitable remedies.

    
      
         

      

      
        48

        
          

        

      

      
         

      

    

    NO-QUOTE
/ NON-PRECEDENTIAL

              

    K.           NO
PARTNERSHIP

    

    Nothing contained in this Agreement
shall constitute a partnership between or joint venture by the parties thereto
or constitute either party the agent of the other.  Neither party
shall (i) hold itself out contrary to the terms of this Agreement, nor (ii)
become liable for representations, acts or omissions of the other contrary to
the provisions hereof.

    

    L.           NO THIRD PARTY
BENEFICIARIES

    

    This Agreement is not made and shall
not inure to the benefit of any person not a party hereto and shall not be
deemed to give any right or remedy to any third party.

    

    M.           COMPLIANCE WITH
LAW

    

    Each Picture shall be produced in
accordance with all applicable collective bargaining agreements and laws,
statutes, ordinance, rules, regulations and requirements of all governmental
agencies and regulatory bodies, both domestic and foreign, having jurisdiction
with respect to the production thereof.

    

    N.           NOTICES

    

    Any
notice pertaining hereto shall be in writing.  Any such notice and any
payment due hereunder shall be served by delivering said notice or payment
personally or by sending it by mail, cable (postage or applicable fee prepaid)
or by fax or telecopy (in which case a copy shall be sent by overnight mail and
shall be deemed to have been received one hour after the commencement of normal
business hours in the place of receipt on the next business day following the
date of dispatch) as follows (or as subsequently designated in
writing):

    

    
      
        	
                Notices
      to Lender

              	
                GANFER
      & SHORE

              
	
                and/or
      Artist:

              	
                360
      Lexington Avenue

              
	 
      	
                New
      York, New York 10017

              
	 
      	
                Attn:  Arthur
      Lieberman, Esq.

              
	 
      	 
      
	
                To
      Silver Creek:

              	
                SILVER
      CREEK PICTURES, INC.

              
	 
      	
                427
      S. Victory Blvd

              
	 
      	
                Burbank,
      CA 91502

              
	 
      	
                Attn.:  President

              

      

    

     

    
      
         

      

      
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      NO-QUOTE
/ NON-PRECEDENTIAL

    

    
    

    The date
of personal delivery, mailing, or delivery to the cable office of such notice or
payment shall be deemed the date of service of such notice or payment, unless
otherwise specified herein; provided, however, that any notice from Artist
and/or Lender which commences the running of any period of time for Silver
Creek’s exercise of any option or Silver Creek’s performance of any other act
must be served by hand and shall be deemed served only when actually received by
Silver Creek.  If the last day on which the parties hereto are
empowered to give notice pursuant to any provision of this Agreement or to
perform any other act which the parties are required or may desire to perform
under or in connection with this Agreement should fall on a Saturday, Sunday or
holiday, then the parties hereto shall have until the end of the first full
business day following said Saturday, Sunday or holiday within which to give
notice or to perform such act.

    

    O.           ASSIGNMENT

    

    Silver Creek shall have the right to
assign any or all of this Agreement, and the rights, licenses and privileges
granted to it hereunder.  This Agreement shall be binding upon and
inure to the benefit of the parties hereto and their respective heirs,
executors, administrators, successors and assigns.  Lender and Artist
acknowledge that Artist’s services hereunder are of a special, unique and
unusual character and therefore neither Lender nor Artist shall assign,
transfer, license, delegate or grant all or any part of its/her rights or
obligations hereunder to any other person or entity.

    

    P.           EMPLOYMENT
ELIGIBILITY

    

    1.           Services in the
U.S.  Lender and Artist acknowledge that any offer of
employment under this Agreement is subject to and contingent upon Artist’s
ability to prove Artist’s identity and employment eligibility as required by the
Immigration Reform and Control Act of 1986.  Accordingly, Artist
hereby agrees (a) to complete, execute and deliver to Silver Creek Section 1
(“Employee Information and Verification”) of an Employment Eligibility
Verification (“Form I-9”) at the time of Lender’s execution of this Agreement or
Artist’s commencement of services in the U.S., whichever is earlier and (b) to
present to Silver Creek, in person and within three (3) business days
thereafter, appropriate documentation of Artist’s identity and U.S. employment
eligibility.  If Artist fails to comply with the requirements of this
Paragraph P.1., Silver Creek shall have the right, by notice to such effect
given to Lender and/or Artist, to terminate this Agreement, in which event
Lender’s engagement and Artist’s employment under this Agreement shall cease and
terminate immediately, and no party shall have any right, duty or obligation to
the other under this Agreement except such as shall have accrued prior to the
effective date of termination.

    

    2.           Services Outside the
U.S.

    

    a.           Performance of
Services.  Lender and Artist acknowledge and agree that Artist
shall not render services under this Agreement outside the U.S. unless and
until:  (i) Artist has obtained prior written approval from a Business
Affairs Executive of Silver Creek; (ii) Artist has satisfied and complied with
all of the terms set forth in this Paragraph P.2.; and (iii) Artist possesses
valid work authorization to render services for Silver Creek outside the U.S. in
connection with this Agreement.

    
      
         

      

      
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    NO-QUOTE
/ NON-PRECEDENTIAL

                        

    b.           Employment
Requirements.  In the event Artist is required by Silver Creek
to render services under this Agreement in any country(ies) other than the U.S.,
Lender and Artist hereby acknowledge and agree as follows:

    

    i.           Any
offer of employment under this Agreement is subject to and contingent upon
Artist’s possession of valid and applicable work authorization for any and all
such country(ies), and Lender’s and Artist’s compliance with all local laws,
regulations and requirements, including, but not limited to verification of work
authorization and/or registration with local authorities.

    

    ii.           If,
as of the date hereof, Artist possesses valid and applicable work authorization
to render services under this Agreement in such country(ies), Artist hereby
agrees to provide to Silver Creek, within two (2) weeks of the date hereof,
original documentation issued by such country(ies) evidencing such work
authorization.

    

    iii.           If,
as of the date hereof, Artist does not possess valid and applicable employment
authorization to render services under this Agreement in such country(ies),
Silver Creek hereby agrees to petition for temporary employment authorization
for Artist in such country(ies), which employment authorization(s), if granted,
will relate to and cover Artist’s employment in such country(ies) pursuant to
this Agreement.  In connection therewith, Lender and Artist hereby
agree to comply with all reasonable requests for information and documentation
which, in the sole and exclusive discretion of Silver Creek, is or might be
required for such employment authorization petition process.

    

    c.           Termination
Right.  If Artist fails to comply with the requirements of this
Paragraph P.2., Silver Creek shall have the right, by notice to such effect
given to Lender and/or Artist, to terminate this Agreement, in which event
Lender’s engagement and Artist’s employment under this Agreement shall cease and
terminate immediately, and no party shall have any right, duty or obligation to
the other under this Agreement except such as shall have accrued prior to the
effective date of termination.

    

    d.           No
Guarantee.  Notwithstanding anything to the contrary contained
in this Agreement, Lender and Artist hereby acknowledge that Lender and Artist
understand and agree that Silver Creek shall use its reasonable efforts
throughout the employment authorization petition process described in Paragraph
P.2.b.iii. above, but that Silver Creek in no manner represents, warrants or
guarantees that Artist will receive foreign employment authorization as a result
of any employment authorization petition prepared by or on behalf of Silver
Creek.

    
      
         

      

      
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    NO-QUOTE
/ NON-PRECEDENTIAL

        

    Q.           FEATURETTE

    

    Silver Creek contemplates filming and
exploiting films, including without limitation, “behind-the-scenes” or “making
of” productions and/or writing “behind-the-scenes” or “making of” books (jointly
and severally “Featurette Rights”) about the development and production of each
Picture and/or Non-Picture Project produced hereunder.  Lender and
Artist hereby agree and consent to such filming and exploitation (including
without limitation use of any film clip footage [or still] from such Picture and
behind-the-scenes photography [or still] and filmed interviews with Artist) and
hereby grant to Silver Creek the right to use Artist’s name, voice and likeness
in connection with such Featurette Rights in any and all media known and unknown
for no additional consideration inasmuch as the compensation payable to Lender
under this Agreement for such Picture and/or Non-Picture Project shall be deemed
to include compensation for all rights granted pursuant to this Paragraph
III.Q.

    

    R.           SUSPENSION

    

    Notwithstanding Silver Creek’s Standard
Terms for the engagement of a Producer (attached hereto and incorporated herein
by reference), in the event that production of the Picture is prevented or
interrupted (or there is a threat thereof as determined by Silver Creek in its
good faith business judgement) due to a strike or labor controversy (or threat
thereof as determined by Silver Creek in its good faith business judgement),
Silver Creek may suspend or terminate Artist’s services and Artist’s or Lender’s
compensation (on written notice) for and during the pending of such strike or
labor controversy or threat thereof.

    

    S.           CONSTRUCTION

    

    For purposes of construction, this
Agreement shall be deemed to have been jointly drafted by all parties hereto and
any ambiguities shall not be construed against any party.

               

    [The
remainder of this page is intentionally left blank.]

    
    

    
      
         

      

      
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      NO-QUOTE
/ NON-PRECEDENTIAL

    

              

    T.           ENTIRE
AGREEMENT

    

    This Agreement (including the Standard
Terms and Conditions, STC-TV, and Exhibits “C”, “CB”, “CB-T” and “T”, which are
attached hereto and incorporated herein by this reference) constitutes the
entire agreement between the parties and supersedes all prior and
contemporaneous written or oral agreements pertaining thereto and can only be
modified by a writing signed by both parties.  Lender’s and/or
Artist’s sole and exclusive remedy for Silver Creek’s breach, termination or
cancellation of this Agreement or any term thereof (including any term
pertaining to credit) shall be an action for damages and Lender and Artist
irrevocably waive any right to seek and/or obtain rescission and/or equitable
and/or injunctive relief.

     

    
      
        
          
            
              	
                      SILVER
      CREEK PICTURES, INC.

                    
	 
      	 
      
	
                      By:

                    	 
      
	 
      	 
      
	
                      Its:

                    	 
      

            

          

        

      

    

    

    
      
        
          
            
              
                	
                        ACCEPTED AND
      AGREED:

                      
	 
      
	
                        POW!
      ENTERTAINMENT, INC.

                      
	 
      	 
      
	
                        By:

                      	 
      
	 
      	 
      
	
                        Its:

                      	 
      
	 
      	 
      
	
                        Federal
      I.D.
No.

                      

              

            

          

        

      

    

    
      
         

      

      
        53

        
          

        

      

      
         

      

    

     

    
      NO-QUOTE
/ NON-PRECEDENTIAL
 

    

    EXHIBIT
“A”

    COMPLETED
SCRIPTS

    
      
         

      

      
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      NO-QUOTE
/ NON-PRECEDENTIAL
 

    

    EXHIBIT
“B”

    EXCLUDED
PROJECTS

                     

    Pow!
Entertainment Projects

    Updated
as of 4/24/2006

    

    Animated
TV/DVD with IDT Entertainment, to be produced and distributed two each starting
2006 (Executive producers - Stan Lee and Gill Champion):

    

    1.           “Condor”
- post production

    2.           “Mosaic”
- post production

    3.           “Ringo
Starr (untitled)” - script being written

    4.           Jeanette
Lee “Widow maker” - script being written

    5.           “Whirlwind”
- script being written

    6.           “Alexa”
- script being written

    

    7.           “Who
wants to be a superhero?” – Reality TV Show — Sci-fi Channel - in
production.

    Tentative
airing date 7/27/2006.  Producer - Bruce Nash; Executive producers
–

    Stan Lee
and Gill Champion

    

    Sci-fi
Universal movies (executive producers - Stan Lee and Gill Champion)
(3):

    

    8.           “Lightspeed”
- post production (tentative air date on Sci-fi Channel 7/27/2006)

    9.           “Harpies”
- script completed

    10.          “Untitled”
- no script selected

    

    11.           “Forever
Man” – Producer Bob Evans  - second draft being
written.  Paramount

    (Executive
producers - Stan Lee and Gill Champion)

    

    12.           JJ
Armes - hand shake deal with Warner Bros.

    
      
         

      

      
        55

        
          

        

      

      
         

      

    

     

    
      NO-QUOTE
/ NON-PRECEDENTIAL

       

    

    
      
        	
                DATE:

              	
                As
      of March 20, 2006

              
	
                SUBJECT:

              	
                STAN
      LEE / OVERALL

              
	 
      	
                DEAL/PRODUCER

              

      

    

    

    INDUCEMENT

    

    Reference is hereby made to that
certain agreement (the “Agreement”) dated as of March 20, 2006, by and between
SILVER CREEK PICTURES, INC. (“Producer”) and POW! ENTERTAINMENT, INC. (“Lender”)
for the producing services of STAN LEE (“Artist”) in connection with the
Picture(s) and Non-Picture Projects referenced in the Agreement.

    

    A.           I
am familiar with all of the terms, covenants and conditions of the Agreement and
I hereby consent to the execution thereof.  I shall perform and comply
with all of the terms, covenants, conditions and obligations of the Agreement,
even if the employment agreement between Lender and myself should hereafter
expire, terminate or be suspended.  I hereby confirm all grants,
representations, warranties and agreements made by the Lender under the
Agreement.

    

    B.           Unless
I am deemed substituted for the Lender as a direct party to the Agreement
pursuant to Paragraph D. below, I shall look solely to Lender and not to
Producer for the payment of compensation for my services and for the discharge
of all other obligations of my employer with respect to my services under the
Agreement.

    

    C.           In
the event of a breach or threatened breach of the Agreement by Lender or by me,
Producer may join me in any action against Lender without being first required
to resort to or exhaust any rights or remedies against Lender.

    

    D.           I
represent that Lender is a  duly qualified and existing corporation
under the laws of its state of incorporation.  If Lender or its
successors in interest should be dissolved or should otherwise cease to exist,
or for any reason should fail, refuse or neglect to perform, observe or comply
with the terms, covenants and conditions of the Agreement, I shall, at
Producer’s election, be deemed to be employed directly by Producer for the
balance of the term of the Agreement upon the terms, covenants and conditions
set forth therein.

    

    E.           I
will indemnify Producer for and hold it harmless from and against any and all
taxes which Producer may have to pay and any and all liabilities (including
judgments, penalties, fines, interest, damages, costs and expenses, including
reasonable attorneys’ fees) which may be obtained against, imposed upon or
suffered by Producer or which Producer may incur by reason of its failure to
deduct and withhold from the compensation payable under the Agreement, any
amounts required or permitted to be deducted and withheld from the compensation
of any employee under the provisions of the Federal and California Income Tax
Acts, the Federal Social Security Act, the California Unemployment Insurance Tax
Act, and/or any amendments thereof and/or any other applicable statutes
heretofore or hereafter enacted requiring the withholding of any amount from the
compensation of an employee.

    
      
         

      

      
        56

        
          

        

      

      
         

      

    

    NO-QUOTE
/ NON-PRECEDENTIAL

    

    F.           If
Producer shall serve Lender with any notices, demands or instruments relating to
the Agreement, or to the rendition of my services thereunder, service upon
Lender shall also constitute service upon me.

    

    G.           For
purposes of any and all Worker’s Compensation statutes, laws, or regulations
(“Worker’s Compensation”), I acknowledge that an employment relationship exists
between Producer and myself, Producer being my special employer under the
Agreement.  Accordingly, I acknowledge that in the event of my injury,
illness, disability, or death falling within the purview of Worker’s
Compensation, my rights and remedies (and those of my heirs, executors,
administrators, successors, and assigns) against Producer or Producer’s
affiliated companies and their respective officers, agents, and employees
(including, without limitation, any other special employee and any corporation
or other entity furnishing to Producer or an affiliate company the services of
any other special employee) shall be governed by and limited to those provided
by Worker’s Compensation.

    

    
      
        
          
            	 
      
	
                    STAN
      LEE (“Artist”)

                  

          

        

      

    

     

    
      
         

      

      
        57

        
          

        

      

      
         

      

    

    TABLE OF
CONTENTS

    

    
      
        
          	
                  I.

                	 
      	
                  OVERALL

                	
                  1

                
	 
      	
                  A.

                	
                  CONDITION
      PRECEDENT

                	
                  1

                
	 
      	
                  B.

                	
                  PARTIES

                	
                  1

                
	 
      	
                  C.

                	
                  TERM

                	
                  1

                
	 
      	
                  D.

                	
                  PRODUCING
      SERVICES/EXCLUSIVITY

                	
                  2

                
	 
      	
                  E.

                	
                  EXCLUSIVE FIRST
      LOOK

                	
                  2

                
	 
      	
                  F.

                	
                  THIRD PARTY
      PRODUCERS

                	
                  7

                
	 
      	
                  G.

                	
                  POST-TERM
      SERVICES

                	
                  7

                
	 
      	 
      	 
      	 
      
	
                  II.

                	 
      	
                  MOTION PICTURE AND OTHER MEDIA
      PRODUCING SERVICES

                	
                  7

                
	 
      	
                  A.

                	
                  ABANDONMENT / TURNAROUND / PROGRESS
      TO PRODUCTION

                	
                  7

                
	 
      	
                  B.

                	
                  THEATRICAL, DIRECT-TO-VIDEO AND
      TELEVISION DEVELOPMENT / PRODUCTION
      SERVICES

                	
                  8

                
	 
      	
                  C.

                	
                  PRODUCING COMPENSATION - ARTIST
      SUBMITTED PROPERTIES

                	
                  11

                
	 
      	
                  D.

                	
                  CREDIT-ARTIST-SUBMITTED
      PROPERTIES

                	
                  33

                
	 
      	
                  E.

                	
                  SILVER
      CREEK SUBMITTED
      PROPERTIES

                	
                  34

                
	 
      	
                  F.

                	
                  INTERACTIVE
      PRODUCT

                	
                  34

                
	 
      	
                  G.

                	
                  THEME PARK
      ATTRACTIONS

                	
                  38

                
	 
      	
                  H.

                	
                  OTHER
      MEDIA

                	
                  39

                
	 
      	
                  I.

                	
                  USE OF ARTIST’S
      NAME

                	
                  40

                
	 
      	 
      	 
      	 
      
	
                  III.

                	 
      	
                  MISCELLANEOUS

                	
                  40

                
	 
      	
                  A.

                	
                  FIRST OPPORTUNITY - THEATRICAL
      SEQUEL; THEATRICAL

                	
                  40

                
	 
      	
                  B.

                	
                  APPROVALS AND
      CONTROLS

                	
                  42

                
	 
      	
                  C.

                	
                  EXPENSES AND
      TRANSPORTATION

                	
                  43

                
	 
      	
                  D.

                	
                  DELIVERY; LENGTH; RATING; COVER
      SHOTS

                	
                  43

                
	 
      	
                  E.

                	
                  OWNERSHIP AND
      DISTRIBUTION

                	
                  45

                
	 
      	
                  F.

                	
                  NO OBLIGATION TO
      USE

                	
                  46

                
	 
      	
                  G.

                	
                  OVERHEAD
      ALLOWANCE

                	
                  46

                
	 
      	
                  H.

                	
                  RECOUPMENT OF
      COSTS

                	
                  47

                
	 
      	
                  I.

                	
                  PREMIERE

                	
                  48

                
	 
      	
                  J.

                	
                  SERVICES
      UNIQUE

                	
                  48

                
	 
      	
                  K.

                	
                  NO
      PARTNERSHIP

                	
                  49

                
	 
      	
                  L.

                	
                  NO THIRD PARTY
      BENEFICIARIES

                	
                  49

                
	 
      	
                  M.

                	
                  COMPLIANCE WITH
      LAW

                	
                  49

                
	 
      	
                  N.

                	
                  NOTICES

                	
                  49

                
	 
      	
                  O.

                	
                  ASSIGNMENT

                	
                  50

                
	 
      	
                  P.

                	
                  EMPLOYMENT
      ELIGIBILITY

                	
                  50

                
	 
      	
                  Q.

                	
                  FEATURETTE

                	
                  52

                
	 
      	
                  R.

                	
                  SUSPENSION

                	
                  52

                
	 
      	
                  S.

                	
                  CONSTRUCTION

                	
                  52

                
	 
      	
                  T.

                	
                  ENTIRE
      AGREEMENT

                	
                  53

                

        

      

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    EXHIBIT
"C"

    

    This Exhibit “C” to the memorandum of
agreement (“Agreement”), dated as of March 20, 2006, SILVER CREEK PICTURES,
INC.. (“Silver Creek”) and POW! ENTERTAINMENT, INC. (“Lender”) for the producing
services of Stan Lee (“Artist”) in connection with the development and possible
production of motion picture and other projects as more fully described therein.
This Exhibit “C” relates solely to Paragraphs II.C.2.a.ii. and II.C.2.b.ii. of
the Agreement and the determination of any DTV Contingent Bonus(es) to which
Lender may be entitled as set forth therein, and is not to be used for any other
purpose.

    

    
      	
              1.

            	
              DIRECT-TO-VIDEO
      DEFINED RECEIPTS:

            

    

    

    The term “DTV Defined Receipts” as
referenced in Paragraph II.C.2.a.iii.(A) of the Agreement shall mean all monies
actually received by Buena Vista Home Entertainment, Inc. (“BVHE”) from the
manufacture and distribution of audio-visual cassettes, video discs and all
electronic, digital and optical storage and transmission formats, and any
similar device and format embodying the complete DTV Picture in linear form,
whether now known or hereafter devised ("Video Devices"), except that the
following will be excluded from DTV Defined Receipts:

    

    
      	
               
      

            	
              (a)

            	
              Any
      monies derived by any subdistributor, wholesaler or retailer from sale of
      Video Devices, whether or not such subdistributor, wholesaler or retailer
      is owned, operated, managed or controlled by BVHE; provided, however, that
      in the case of any such owned, operated or managed subdistributor,
      wholesaler or retailer, BVHE agrees that the terms of sale or lease of any
      Video Devices to any such entity will be substantially the same as the
      terms of sale or lease of Video Devices to unrelated entities, in
      accordance with industry standards;

            

    

    

    
      	
               
      

            	
              (b)

            	
              Any
      sums due, but not paid, to BVHE; BVHE may deduct any costs incurred in
      connection with the collection of monies included in DTV Defined Receipts,
      including reasonable outside attorneys' and reasonable outside auditors'
      fees and costs, and any and all loss, damage or liability suffered or
      incurred by BVHE in the collection of such monies, whether by litigation
      or otherwise, from the computation of DTV Defined Receipts
      hereunder;

            

    

    

    
      	
               
      

            	
              (c)

            	
              Any
      receipts, domestic or foreign that are received by way of deposits or
      security until such receipts are
earned;

            

    

    

    
      	
               
      

            	
              (d)

            	
              The
      salvage value of any videotape, cassettes or other materials purchased by
      or manufactured by BVHE and not sold as Video
  Devices;

            

    

    

    
      	
               
      

            	
              (e)

            	
              Any
      sums received in a foreign currency and not readily convertible or not
      readily remittable;

            

    

    

    
      	
               
      

            	
              (f)

            	
              Any
      sums paid by BVHE to unrelated third parties as sales incentives to the
      extent such sums are calculated as a percentage or otherwise on the basis
      of sales of Video Devices and are in lieu of a reduction in the wholesale
      price of Video Devices or of the distribution of Video Devices as
      so-called "free goods"; and

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              (g)

            	
              Any
      and all sums paid or accrued on account of sales, use, value added,
      receipts, income, excise, remittance and other taxes (however denominated)
      to any government authority, assessed upon the Video Devices or any other
      materials relating to the Picture(s), or upon the use or distribution of
      Video Devices or upon the revenues derived therefrom or any part thereof
      or upon the remittance of such revenues or any part thereof, and any and
      all sums paid or accrued on account of freight, shipping, handling and
      insurance in connection with the sale of Video Devices, duties, customs
      and imposts, costs of acquiring permits, quotas and any similar authority
      to secure the entry, licensing, sale, exhibition, performance or other use
      of Video Devices in any country or part thereof regardless of whether such
      payments or accruals are assessed against Video Devices or the proceeds
      thereof or against a group of Video Device titles in which the Picture(s)
      or proceeds thereof may be included. In no event will the deductible
      amount of any such tax (however denominated) imposed upon BVHE be
      decreased (nor the DTV Defined Receipts increased) because of the manner
      in which such taxes are elected to be treated by BVHE in filing net
      income, corporate franchise, excess profits or similar tax returns.
      Notwithstanding the foregoing, BVHE's own income taxes and franchise taxes
      based on BVHE's net income and any income taxes paid to any country or
      territory by BVHE based on the net earnings of BVHE in such country or
      territory (to the extent computed and assessed solely by the reason of
      voluntary retention in such country or territory by BVHE of any portion of
      DTV Defined Receipts) will not be deductible in computing DTV Defined
      Receipts hereunder.

            

    

    

    Additionally,
DTV Defined Receipts will be determined after all reasonable refunds, credits,
discounts, rebates, allowances and adjustments granted to subdistributors,
wholesalers, retailers and other purchasers and BVHE’s, whether occasioned by
condemnation by boards of censorship, settlement of disputes or
otherwise.

    

    
      	
              2.
      

            	
              RETURNS:

            

    

    

    BVHE will further be entitled, in the
exercise of its reasonable business judgment, to establish reserves against
additional returns or other items which BVHE reasonably anticipates may be
deductible from DTV Defined Receipts hereunder.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

      EXHIBIT
"CB"

      

      This
Exhibit is attached to and made part of the Agreement dated as of March 20,
2006, between SILVER CREEK PICTURES, INC. (“Silver Creek”) and POW!
ENTERTAINMENT, INC. ("Lender") for the producing services of Stan Lee ("Artist")
relating to the motion picture project currently entitled "________________" or
such other project(s) or production(s) described therein (the "Picture") to be
distributed by WALT DISNEY PICTURES (“WDP”).

      

      
        
          
            
              
                
                  
                    	
                            NOTE:  PLEASE
      READ
CAREFULLY

                          

                  

                

              

            

          

        

      

      

      This
Exhibit CB sets forth the contractual formula to be used solely for the
definition, computation, and accounting of Contingent Proceeds and payment, if
any, of Lender's Contingent Bonus as provided in the Agreement.

      

      Lender
and Artist understand and agree that:  (i)  the defined
terms shall have the meanings described in this Exhibit CB; (ii) the words or
defined terms used herein may not necessarily correspond in any way to generally
accepted accounting principles or any other definitions associated with the
practices of accounting or auditing; (iii) there is no guarantee whatsoever,
and it is
unlikely, that any Contingent Bonus will become payable to Lender,
regardless of the level of income, revenues, profits and/or receipts, if any,
that WDP, Affiliates or Related Parties, or any distributor or exhibitor
realizes from the exploitation of the Picture; (iv) Lender shall be entitled to
the payment of Contingent Bonus amounts only in accordance with the terms
hereof, and Lender and Artist acknowledge and understand that any such payment
is entirely speculative; (v) Lender and Artist have been represented by counsel
or other representative(s) of their choice in the negotiation of the terms of
the Agreement and this Exhibit CB; (vi) Lender and Artist have a full
understanding of the terms of the Agreement and this Exhibit CB; (vii) WDP's,
Affiliates' and Related Parties' accountings for financial reporting, tax
reporting or other purposes are not prepared in the same manner as accountings
pursuant to this Exhibit CB; (viii) no fiduciary relationship whatsoever exists
between WDP, on the one hand, and Lender and Artist, on the other hand,
including without limitation, arising from the obligation of WDP to account for
Contingent Proceeds and potentially to pay a Contingent Bonus to Lender; (ix)
the terms of this exhibit are part of a comprehensive negotiated agreement that
contains both economic and non-economic terms; and, which taken as a whole, is
the product of an arm's length give and take negotiation whether or not changes
have been made to this Exhibit CB; and (x) no representations whatsoever,
expressed or implied, have been made to Lender or Artist that are contrary to
this Paragraph.

      

      Initialed:  _______
(Lender) and _______ (Artist)

      
        
          Contingent
Bonus

           

        

        
          page 1 of
12

          
            

          

        

        
           

        

      

      EXHIBIT
CB

      

      CONTINGENT BONUS
FORMULA

      

      "Contingent
Proceeds" shall mean the Defined Receipts, if any, remaining after WDP deducts
and retains for its own account,  the following items on a continuing
basis in the following order of priority:

      

      
        	
                A.

              	
                FIRST DEDUCTION - First, an amount
      equal to the following percentages (“Percentage Deduction”) of Defined
      Receipts:

              

      

       

      
        
          
            
              
                	
                        ·

                      	
                        From
      Defined Receipts (other than Flat Sales and Free TV)

                      
	 
      	
                        o

                      	
                        U.S.
      and Canada

                      	
                        30%

                      
	 
      	
                        o

                      	
                        U.K.

                      	
                        35%

                      
	 
      	
                        o

                      	
                        Foreign

                      	
                        40%

                      
	 
      	 
      	 
      
	
                        ·

                      	
                        From
      Flat Sales Defined Receipts

                      	
                        15%

                      
	 
      	 
      	 
      
	
                        ·

                      	
                        From
      Free TV Defined Receipts

                      	 
      
	 
      	
                        o

                      	
                        U.S.
      Network

                      	
                        25%

                      
	 
      	
                        o

                      	
                        U.S.
      Non-Network and Canada

                      	
                        35%

                      
	 
      	
                        o

                      	
                        Foreign
      and U.K.

                      	
                        40%

                      

              

            

          

        

      

        

      
        	
                B.

              	
                SECOND DEDUCTION - Next, from the
      remaining amount of Defined Receipts, an amount equal to the Distribution
      Costs plus an additional 10% of Ad and Publicity
  Costs.

              

      

      

      
        	
                C.

              	
                THIRD DEDUCTION - Next, from the
      remaining amount of Defined Receipts, if any, whether or not funds are
      actually borrowed for the Picture, and irrespective of the actual funding
      arrangements or WDP's actual financing costs for the Picture or WDP's
      borrowing rate, as WDP's funding charge, an amount equal to 1.25 times the
      prime rate of the Bank of America, as the same may vary from time to time,
      on the total amount of the Fourth Deduction below, commencing from the
      respective dates on which amounts chargeable under the Fourth Deduction
      are paid or incurred (whichever first occurs) and continuing until the
      middle of the accounting period in which those amounts are
      recouped.

              

      

      

      
        	
                D.

              	
                FOURTH DEDUCTION - Next, from the
      remaining amount of Defined Receipts, if any, an amount equal to the Cost
      of Production plus an additional 15% of Cost of Production, which 15%
      shall be charged concurrently with the incurring of the respective items
      of Cost of Production.

              

      

      

      
        	
                E.

              	
                FIFTH DEDUCTION - Next, from the
      remaining amount of Defined Receipts, if any, an amount equal to the Other
      Contingent Amounts.

              

      

      

      The
remaining amount, if any, shall be the Contingent Proceeds from which Lender's
percentage or share thereof (the "Contingent Bonus") shall be
calculated.

      

      The terms
used in this Contingent Bonus Formula are defined in, and the Contingent Bonus
hereunder shall be accounted for, pursuant to the terms and conditions of the
attached Schedule 1:

       

      
        
          Contingent
Bonus

          
          

        

        
          page 2 of
12

          
            

          

        

        
          
          

        

      

       

       SCHEDULE
1

       

      1.     DEFINITIONS

       

      1.1.      Defined
Receipts

       

      A.     
 "Defined Receipts" means the aggregate of all receipts actually received
by WDP on behalf of the Picture in U.S. dollars in the U.S. or in a foreign
currency which are not Restricted Funds, only from:

       

      1.     WDP's
direct distribution of the Picture in theatres and on television ("TV"),
including theatrical and non-theatrical exhibitions, and free, cable and pay TV
exhibitions.

       

      2.     Distribution
of the Picture by any Person other than WDP licensed by WDP with an obligation
to report receipts and expenses to WDP (a "Subdistributor"). WDP shall, to the
extent reported and accounted to WDP, treat all such receipts received and
earned by the Subdistributor, and all distribution costs incurred by the
Subdistributor as though such receipts were received and earned by WDP and such
distribution costs were incurred by WDP; provided, however, that WDP's
applicable Percentage Deduction shall include the Subdistributor's distribution
fee, and the licensing or other arrangement between WDP and each Subdistributor
shall not be taken into account in WDP's accounting to Lender under this Exhibit
CB.

       

      3.     Manufacture
and distribution of audio-visual cassettes, video discs and all electronic,
digital and/or optical storage and/or transmission formats, any analog or
digital reproductions, or any similar device and/or format embodying the
complete Picture in linear form, whether now known or hereafter devised ("Video
Devices"); provided that Defined Receipts for Video Devices shall
be:  (a) if WDP distributes Video Devices, a royalty in an amount
equal to 20% of the sums actually received by such entity  (less
taxes, credits and returns) from its distribution thereof; or (b) royalties
actually received by WDP from any unaffiliated third party Video Device
distributor less royalties payable to other third parties.

       

      4.     "Flat
Sale" licenses for the theatrical exhibition of the Picture for a specified
period for any territory or area (excluding the U.S. and Canada) in
consideration of the payment of a specified amount not calculated by a
percentage of receipts of the applicable licensee.

       

      5.     Compensatory
receipts (less all costs and fees) from copyright infringers of the
Picture.

       

      6.     Receipts
from theater box office operated by WDP in connection with four-wall or road
show exhibitions of the Picture to the extent receipts from all such exhibitions
taken as a whole exceed costs incurred for all such exhibitions.

       

      7.     Cash
subsidies granted by governmental agencies or prizes to the extent granted
solely with respect to the Picture.

       

      8.     The
royalties as provided in Schedules A (Music) and B (Soundtrack Records,
Merchandising/Publishing), which are attached hereto and incorporated herein by
this reference.  There will be no Percentage Deduction applied to the
royalties under this subparagraph 8.

       

      There
shall not be any Percentage Deduction on Defined Receipts from each of Paragraph
1.1.A.5 and Paragraph 1.1.A.7 above.  If the respective costs relating
to each of Paragraph 1.1.A.5, 1.1.A.6 or Paragraph 2 of Schedule B, and
applicable Percentage Deduction, if any, pursuant to Paragraph 1.2, exceed
receipts from each of Paragraph 1.1.A.5, 1.1.A.6 or Paragraph 2 of Schedule B,
respectively, such excess costs of each shall separately be deductible as a
Distribution Cost.

       

      B.   
    Defined Receipts
Exclusions

       

      The following are not included in
Defined Receipts:

       

      1.     Box
office or other amounts retained by any theater or other exhibition venue
(except as specified in Paragraph 1.1.A.6 hereof) for their own account; and
receipts of:  broadcasters and other transmitters by all means now
known or hereafter devised; wholesale or retail distributors, licensors or
sellers of Video Devices, audio devices and other products; book or music
publishers; merchandisers and retailers; or any other similar
Person,  whether or not any or all such excluded Persons are owned,
operated or controlled by WDP, Affiliates or Related Parties.

      
         

        2.     Amounts
received from advance payments or security deposits unless earned by exhibition
or broadcast, or (subject to Paragraph 1.1.A.2) unconditionally non-returnable,
and refunds, rebates or adjustments granted to other Persons by
WDP.

      

       

      3.     Amounts
payable in foreign currency and not received by WDP in the U.S. due to
remittance restrictions ("Restricted Funds").   Restricted Funds
shall not be included in Defined Receipts nor accounted for unless and until
they have been received by WDP in U.S. dollars in the U.S. or expended by WDP in
the territory in which held, except as provided in 1.1.B.3(a)
below.

       

      (a)   If
any Contingent Bonus becomes payable to Lender under this Agreement, Lender may
notify WDP in writing that Lender desires to have included in Lender's
Contingent Bonus, Lender's share of Restricted Funds in a particular territory
and designate a bank or other representative in such country, to whom payment
may be made for Lender's account.  Upon WDP's receipt of such notice
and all required permissions, such payment shall be made to Lender's
representative at Lender's expense.  Upon payment of Lender's share of
Restricted Funds, WDP shall have no further obligation to account for such
Restricted Funds whether as Defined Receipts or otherwise.

       

      
        
          Contingent
Bonus

          
          

        

        
          page 3 of
12

          
            

          

        

        
          
          

        

      

       

      (b)   On
Lender's written request, WDP shall report to Lender the amount of Restricted
Funds (if any) which under this Paragraph 1.1.B.3 have not yet been included in
Defined Receipts as of the closing date of the most recent statement which has
been furnished to Lender under Paragraph 2.1 below.

       

      4.     Amounts
collected in connection with the distribution of the Picture as taxes or for
payment of taxes (e.g., admission, sales, use or value added taxes,
etc.).

       

      5.     Amounts
collected from exhibition of the Picture contributed to charitable
organizations.

       

      6.     Receipts
from remakes, prequels, sequels, radio or TV series or other derivative uses of
the Picture or any element thereof.

       

      7.     Salvage
value or receipts derived from print stocks, film or tape clips, stock footage,
stills, props, sets, wardrobe, or other items included in Cost of Production
except and only any sums received from the sale of cars purchased specifically
in connection with the Picture and sold within six months after completion of
photography, which sums shall be included in the Defined Receipts of the Picture
without any Percentage Deduction.

       

      1.2.      Percentage
Deduction

       

      "Percentage Deduction" means the
percentage of Defined Receipts set forth in the Contingent Bonus Formula as the
First Deduction which WDP shall deduct and retain for its own
account.

       

      1.3.      Distribution
Costs

       

      A.    
  "Distribution Costs" means the aggregate of all costs, expenses and
charges paid, advanced or incurred by WDP or a Subdistributor, directly or
indirectly, in connection with the distribution, exhibition and exploitation of
the Picture, which are not included in Cost of Production, including any of the
following:

       

      1.      Ad and Publicity
Costs

       

      Advertising,
promoting, marketing, exploiting and publicizing (collectively "ad" or
"advertising") in connection with the Picture, including the cost of ad space,
time, and physical material used for ads and commercials;  shipping,
integrating and monitoring of ads and commercials; preparation and dissemination
of ad material; salaries, fees, travel and business expenses of WDP advertising
and marketing executives, personalities connected to the Picture, and
publicists, press representatives and field exploitation persons appropriately
allocated (in WDP's business judgment) to the Picture, whether or not incurred
by or paid to WDP employees or other persons; previews, screenings, premieres,
film festivals, trade shows and sales events; entertainment of press and
personalities; research and tests of ad concepts and effectiveness; press books
and kits, trailers, stills and other accessories and publicity releases;
advertising allowances to theatres or other exhibitors regardless of how made;
commercial tie ups; other advertising and publicity costs whether directed to
the consumer or the exhibitor and institutional costs.

       

      2.      Conversion

       

      Conversion
to U.S. dollars and remittance of Defined Receipts to the U.S., including costs
and fees of contesting the imposition of restrictions.

       

      3.      Checking

       

      Checking
attendance and receipts, and investigating unauthorized use of the Picture,
whether payable to or incurred by WDP employees or other Persons.

       

      4.      Claims

       

      All
expenses, costs and attorneys' fees in connection with the investigation,
assertion, prosecution or defense of claims or litigation relating to the
Picture and  the gross amount paid for the settlement or satisfaction
of any claims, judgments or decrees in connection therewith.

       

      5.      Collections

       

      Collection
of Defined Receipts including attorneys' and auditors' fees and costs, and
liability incurred by WDP in connection therewith.

       

      6.      Copyright and
Royalties

       

      Copyright,
trademark and patent costs in connection with the Picture and royalties payable
with respect thereto.

       

      7.      Other
Versions

       

      Making,
delivering and using foreign, radio, TV or any other media versions of the
Picture, or titles thereof, or making changes required by censorship and rating
considerations.

       

      8.      Residuals

       

      Payments
as required by applicable collective bargaining agreements by reason of
exhibition of the Picture or any part thereof in any media.  Any such
payments made to or on behalf of Lender shall be deducted against Lender's
Contingent Bonus (if any) to the extent not prohibited by the applicable
collective bargaining agreement.  Any payments under this Exhibit CB
made to Lender prior to payment of residuals shall constitute a credit against
such residuals to the extent not prohibited by the applicable collective
bargaining agreement; provided that any such credit, when applicable, shall not
be taken a second time against Lender.

       

      9.      Insurance

       

      Insurance
coverage for any and all risks of loss or liability with respect to the Picture
and any components thereof.  WDP may elect in its sole discretion to
self-insure as to any items of risk, and charge an amount equal to the insurance
premium WDP would otherwise have paid for such insurance.

       

      
        
          Contingent
Bonus

          
          

        

        
          page 4 of
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      10.    Trade
Dues

       

      The
allocable portion, as determined in WDP's business judgment, of dues,
assessments, legal fees and costs (including antitrust and piracy matters), and
contributions to the MPAA, AMPTP or similarly constituted or substitute Persons
throughout the universe.

       

      11.    Licenses

       

      All
licenses, duties, customs charges, fees or any other amounts to permit
exploitation of the Picture.

       

      12.    Prints

       

      Prints of
the Picture including lab, labor, service and materials, titles, discs, dubbing,
subtitling, gauge reductions, inspection, repair, shipping, storage, delivery
and insurance thereon.

       

      13.   Taxes

       

      Taxes and
governmental fees of any nature, including costs of contesting them, and
interest and penalties thereon (other than WDP or Subdistributor corporate
income taxes), imposed directly or indirectly on the Picture or any part thereof
or on the Defined Receipts or the license, distribution or exhibition of the
Picture, or collection, conversion or remittance of monies connected
therewith.  Foreign remittance and withholding taxes charged to the
Picture shall be determined as follows: the then-current effective tax rate for
a particular country and distribution medium shall be multiplied by the Defined
Receipts from such country and distribution medium.

       

      14.         Transportation, Shipping
Packaging, etc.

       

      Transportation,
shipping, warehousing, reels and containers, and all other costs of delivering
the Picture for exhibition.

       

      B.      All
discounts, rebates or credits received by WDP specifically relating to the
Picture shall be taken into account in computing Distribution Costs hereunder
other than those based on:  (i) volume or quantity of advertising,
prints, negatives or other materials, or (ii) the manner or time of payment of
any Distribution Cost item.

       

      1.4.      Other
Contingent Amounts

       

      "Other Contingent Amounts" means
amounts such as deferments, defined receipts, contingent bonus (or similar
payment), or otherwise, to any Person including Lender for rights or services in
connection with the Picture, excluding:  (1) the Contingent Bonus
payable to Lender or retained by WDP hereunder; and (2) contingent bonus
payments (or other contingent payments) which reduce Lender's Contingent Bonus
to the extent provided in this Agreement.  Other Contingent Amounts
will be deducted if, when and to the extent that WDP's obligation to pay them
accrues, whether or not such payments have become due or been made and
regardless of whether WDP has recovered the Cost of Production.

       

      1.5.      Cost Of
Production

       

                 "Cost
of Production" is the aggregate of all costs, charges, claims and expenses paid
or incurred by WDP in connection with the development, production and delivery
of the Picture and its trailers, including payments required to be made
following production of the Picture, determined in the customary manner WDP
accounts for production costs at the time the Picture is produced.  If
WDP's facilities  are used, a use charge shall be included in the Cost
of Production in accordance with the then-current WDP facilities charge
schedule.  To the extent that WDP employees render services in
connection with the Picture, employee fringe benefit costs for such employees
shall not exceed the effective fringe benefit rate for Walt Disney Pictures and
Television employees during the fiscal year preceding the fiscal year in which
the services were rendered. To the extent that WDP's contractual obligation to
pay Defined Receipts to any Person, including Lender,  for rights or
services in connection with the Picture accrues before any Contingent Proceeds
hereunder have been derived, such payments of Defined Receipts shall be deemed
included in the Cost of Production regardless of whether the obligation is fixed
or dependent upon Defined Receipts.  An additional amount by which the
Cost of Production exceeds the approved Picture budget by the lower of $300,000
or 10% of the budget shall be deemed included in Cost of Production, but such
excess overbudget amount shall not itself bear WDP's funding charge set forth as
the Third Deduction in Paragraph C. of the Contingent Bonus Formula nor the
additional 15% charge set forth as the Fourth Deduction in Paragraph D. of the
Contingent Bonus Formula. Excess costs incurred due to force majeure, changes
requested or approved by WDP as confirmed by a Business Affairs executive of WDP
in writing, and retroactive increases to scale personnel under collective
bargaining agreements are excluded from overbudget computation.

       

      1.6.      Miscellaneous
Definitions

       

      A.      Free TV

       

      "Free TV" is television exhibition for
which no fee or subscription is charged to the viewer.

       

      B.      Network

       

      "Network" means ABC, NBC or CBS or any
other similar affiliated group of Free TV television stations broadcasting more
than fifteen hours of prime time programming per week with eighty percent U.S.
clearance.

       

      C.      Includes

       

      "Includes" (and equivalents "included"
or "including") and "such as", are illustrative and not intended to be
limiting.

       

      D.      Person

       

      Any corporation, partnership or other
business entity or natural person.

       

      E.      WDP

       

      For the purposes hereof, "WDP" means
Walt Disney Pictures and Television and Affiliates engaged in the business of
theatrical, non-theatrical and television distribution of motion
pictures.  WDP shall not include:  any theatrical exhibitor,
radio or television transmitter or broadcaster; any satellite, cable or other
pay television operator, nor any Person transmitting the Picture to such
operators or any one else by any method or delivery system; any wholesale
distributor or retailer of video discs, videocassettes or similar devices; any
book or music publisher; any producer or distributor of audio products; any
merchandiser; or any other similar Person, whether or not any of the foregoing
excluded Persons are owned in whole or in part, operated or controlled by
WDP.

       

      
        
          Contingent
Bonus

          
          

        

        
          page 5 of
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      F.      Affiliate

       

      For
purposes of this Exhibit CB, "Affiliate" shall mean any entity (other than Walt
Disney Pictures and Television) that is a subsidiary of The Walt Disney Company
(i.e., an entity of which The Walt Disney Company owns, directly or indirectly
through one or more intermediaries, more than 50% of the voting stock) and each
other entity which, directly or indirectly through one or more intermediaries,
controls, or is controlled by, or is under common control with, The Walt Disney
Company.  For purposes of this definition, the terms "control,"
"controls," and "controlled" mean the power to direct the management and
policies of such entity, whether through the ownership of voting securities, by
contract or otherwise.

       

      G.      Related
Party

      
         

        For
purposes of this Exhibit CB, "Related Party" shall mean any entity (other than
an entity included in the definitions of WDP and Affiliate) which The Walt
Disney Company owns directly or indirectly through one or more intermediaries,
more than 10% of the voting stock.

      

       

      H.      Territory

       

      1.     U.S.
is the United States, together with any other countries licensed by or through
the distributing organization(s) servicing the U.S. for WDP.

       

      2.     Canada
is Canada, together with any other countries licensed by or through the
distributing organization(s) servicing Canada for WDP.

       

      3.     The
United Kingdom (U.K.) is United Kingdom of Great Britain and Northern Ireland,
Republic of Ireland, Channel Islands, Isle of Man, Gibraltar,
Malta.

       

      4.     Foreign
is all countries (other than U.S., U.K. and Canada) and any other areas in the
universe.

       

      5.     All
foregoing references to countries include their territories and possessions, and
political subdivisions.

       

      6.     Distribution
to armed forces shall be included in the particular territories where such
exhibitions shall occur. Distribution to airlines, ships and other means of
transportation shall be included in the territory of their respective national
origin.

       

      I.      Agreement

       

      "Agreement" is the agreement to which
this exhibit is attached, together with this exhibit, and any other attached
amendments, exhibits and schedules.

       

      2.     ACCOUNTING

      

      2.1.      Statements

       

      WDP shall give Lender quarterly summary
statements relating to the calculation of Lender's Contingent Bonus for the
first two years after the date established by WDP as the date of first general
release of the Picture in the U.S. (or if there is no U.S. general release, then
upon general release outside the U.S.); semiannually for the next two
years;  and annually thereafter if any Contingent Bonus is payable to
Lender or, if none due, only on Lender's written request, provided such request
is made not more than once per year. Statements shall be issued within 90 days
after the end of each accounting period and accompanied with payment of any
amount shown due Lender.  Notwithstanding the foregoing, if the
Picture has been made available for U.S. TV syndication and the first statement
thereafter issued shows that more than $500,000 in Defined Receipts would be
needed before Lender would be entitled to receive Contingent Bonus, WDP shall
have no further obligation to render statements to Lender.  If the
Picture is generally reissued in the U.S. theatrically, then WDP shall resume
quarterly statements for one year from the date of such reissue and thereafter
in accordance with the above.

       

      2.2.      Incontestability

       

      Statements are subject to correction or
amendment by WDP at any time.  Each statement and all matters of
accounting and methodology are conclusive and binding on Lender 24 months after
each statement is issued, unless Lender objects in writing within that 24 month
period, specifying in detail the particular items on the statement and the
nature of the objection(s). If the objections are raised timely, but are not
resolved, Lender may initiate a claim with respect to such objections, provided
such claim is instituted within 6 months following the date of the initial
written objection or prior to the expiration of the period of the applicable
statute of limitations, whichever occurs first.  Lender may not
institute or maintain a claim against WDP with respect to any item or
transaction on a statement, whether in a lawsuit, an arbitration or any other
proceeding unless Lender has first provided WDP with a timely and detailed
written objection to such item or transaction. WDP must keep books of account
for any given transaction on a statement for 24 months after the initial
reporting of such transaction.    All time periods referred
to in this paragraph commence upon issuance of the first statement on which any
particular transaction is reflected, and the reappearance of a transaction in
cumulative statements shall not cause the running of any time period to toll or
recommence.

       

      2.3.      Books

       

      The items reflected in the statements,
to the extent they have not become incontestable or have not been previously
examined, may be examined at Lender's expense, once in each 12 month period (the
first of which commences upon issuance of the first statement
hereunder).  Such statements may only be examined by a national firm
of reputable CPA's, the selection of which is subject to WDP's approval not to
be unreasonably withheld.   WDP shall make available for
examination those books of account with respect to the distribution of the
Picture which WDP customarily maintains at its Burbank-area
offices.   Each examination of any statement or statements for a
particular accounting period must be concluded within the earlier of six months
following commencement or an aggregate of 30 examination days.  A copy
of the report of such examination shall be delivered by Lender to WDP when it is
made available to Lender. Lender shall have no right to inspect or copy any tax
return of WDP or any Subdistributor, Affiliate or any Related Party, or require
the production of any such tax return or any information contained
therein.

       

      
        
          Contingent
Bonus

          
          

        

        
          page 6 of
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      2.4.      Withholdings

       

      All amounts payable to Lender under
this Agreement shall be subject to all present and future laws and regulations
requiring the reporting, deduction or withholding of payments for taxes or
otherwise. WDP shall have the right to make such deductions and withholdings,
and the payment or reporting thereof to the governmental agency concerned in
connection with WDP's good faith determination of such laws and regulations
shall constitute payment hereunder to Lender. WDP shall not be liable to Lender
for the making of such reports, deductions and/or withholdings or the payment
thereof to the governmental agency concerned.  In any such event,
Lender shall have the sole responsibility for bringing and maintaining any
claims against third parties regarding such reporting, deductions or
withholdings.

       

      2.5.      Address

       

      All statements shall be deemed issued
when mailed to Lender at the address for notices under this
Agreement.

       

      2.6.      Reserves

       

      WDP shall have the right from time to
time and in its business judgment to establish and adjust reserves for any
distribution costs, uncollected accounts or other items which WDP believes in
its business judgment will be deductible from or credited against Defined
Receipts hereunder.  WDP agrees to liquidate reserves within an
appropriate period of time within WDP's business judgment.

       

      2.7.      Tax
Credits

       

      WDP shall have the sole right to take
whatever credits (including investment tax credits), deductions or other
benefits that may be available throughout the universe, with respect to taxes
and excises payable in any way in connection with the Picture or otherwise,
without any accounting, credit or payment obligation to Lender.

       

      3.     ADDITIONAL
TERMS

       

      3.1.      Arbitration

       

      WDP and Lender agree that any dispute
between them concerning the rights and obligations of WDP and Lender under this
Exhibit CB, whether sounding in contract or tort, may only be adjudicated in
accordance with the following procedure:

       

      A.      Either
(i) WDP and Lender shall mutually select an arbitrator, or (ii) if they cannot
agree on such arbitrator, WDP and Lender shall each select one arbitrator and
those two arbitrators shall then select a third arbitrator.

       

      B.      The
parties shall arbitrate the dispute in accordance with the then-prevailing
Commercial Arbitration Rules of the American Arbitration Association (except to
the extent expressly set forth elsewhere in this Exhibit CB) and judgment on the
award rendered by the arbitrator(s) may be entered in any court having
jurisdiction thereof.

       

      3.2.      No
Representation

       

      WDP has no obligation to distribute the
Picture and if it does so, Lender acknowledges that WDP has no obligation to
maximize Defined Receipts and has not made any representations with respect to
the likelihood or amount of Defined Receipts, deferments, Contingent Proceeds or
Contingent Bonus, if any, which will or may be derived from distribution of the
Picture.

       

      3.3.      Control
of Exploitation and Marketing

       

      A.      As
between WDP and Lender, WDP shall have exclusive and perpetual control of the
distribution, marketing, advertising, publicizing, exploitation, sale or other
disposition of the Picture and may distribute, or withhold or withdraw the
Picture from distribution at its sole discretion with respect to one or more
territories or media.  WDP may distribute the Picture with other
pictures whether or not WDP has any interest in such other
pictures.

       

      B.      For
all purposes under this Exhibit CB, allocations of Defined Receipts, costs,
rights and other matters relating to the Picture and other motion pictures shall
be allocated by WDP in its business judgment and in accordance with WDP's
prevailing business practice.

       

      C.      With
respect to trailers and shorts exhibited with the Picture outside of the U.S.
and Canada, Defined Receipts shall be reduced by 3% for trailers and 5% for
shorts.

       

      D.      As
between WDP and Lender, WDP owns all rights to the Picture and its Defined
Receipts and Contingent Proceeds, including the right to encumber, transfer or
dispose of them and Lender shall have no right, title or interest
therein.  Lender acknowledges that its sole right under this Exhibit
is a contractual right to contingent compensation in the form of, and measured
by, the Contingent Bonus Formula.

       

      E.      WDP,
its agents and assigns, in its and their business judgment, shall be entitled to
distribute the Picture on a percentage basis or make flat sales, make and cancel
contracts, adjust and settle disputes, and give allowances and rebates to
distributors, licensees, exhibitors or other Persons whether or not any such
entity is owned, operated or controlled by WDP, Affiliates or Related
Parties.

       

      F.      WDP
shall have complete discretion in determining the extent, if any, to which it
will audit or check payments or charges to WDP or assert claims with respect
thereto.

       

      G.      Lender
acknowledges that WDP is part of a large, diversified international group of
affiliated companies engaged in a variety of business activities. WDP has
informed Lender that it frequently enters into business transactions with
Affiliates and Related Parties, and Lender acknowledges and agrees that WDP is
entitled (but is not obligated) to, and may, in its sole discretion, enter into
agreements or other arrangements with Affiliates and Related Parties in
connection with any or all rights relating to the Picture, including, without
limitation, all exploitation rights and all subsidiary, ancillary or other
rights relating thereto (the "Exploitation Rights"). Lender hereby acknowledges
and agrees that WDP is under no obligation, express or implied, to offer the
Exploitation Rights or any part thereof to unaffiliated or unrelated third
parties, whether in lieu of or in addition to offering such rights to Affiliates
and Related Parties, or to otherwise seek or secure any business arrangements
with any unaffiliated or unrelated third parties with respect
thereto.  Without limiting the generality of any other provision of
the Agreement,  Lender hereby waives any right to make any claim or
seek any relief, whether at law or in equity (specifically including injunctive
relief), asserting the existence and/or breach of any such express or implied
obligation.

       

      
        
          Contingent
Bonus

          
          

        

        
          page 7 of
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      In addition, Lender acknowledges and
agrees that any agreement or other arrangement by WDP with an Affiliate or
Related Party regarding the Exploitation Rights shall be conclusively presumed
to be fair, reasonable and unobjectionable unless Lender shall establish that
such agreement or other arrangement is on financial terms which, taken as a
whole, are materially less favorable economically to WDP than the terms of
Similar Transactions generally entered into by WDP with unaffiliated or
unrelated third parties;  or if there are no such unaffiliated or
unrelated Similar Transactions, then by WDP with Affiliates or Related Parties
(as applicable);  or if there are no such Similar Transactions with
Affiliates or Related Parties, then by Affiliates with any other Affiliate or
Related Party (any such materially less favorable agreement or arrangement being
hereinafter referred to as a "Less Favorable Arrangement").  For
purposes hereof, the term "Similar Transactions" shall mean agreements or other
arrangements relating to motion pictures similar to the Picture (including WDP
or non-WDP Pictures) which involve rights which are comparable to the
Exploitation Rights or any relevant part thereof.   WDP and
Lender agree that in any arbitration between them under Paragraph 3.1 above,
concerning whether WDP has entered into a Less Favorable Arrangement, the
arbitrator(s) shall select an independent national accounting firm with
entertainment accounting expertise who shall be present with the arbitrator(s)
during the arbitration proceedings, and, on the basis of the evidence presented
(including any expert testimony presented by the parties and admitted into
evidence),  shall provide a written report to the arbitrator(s) solely
on the issue of whether there was a Less Favorable Transaction; and the above
referenced records and report shall be kept in strictest confidence by the
accounting firm and disclosed only to the arbitrator(s) who shall have
authority, subject to a protective order maintaining the confidentiality of the
information to the fullest extent permitted by law, to disclose to the parties
only those relevant portions of the report indispensable to the adjudication of
the issue.  If pursuant to Paragraph 3.1 above, the arbitrator(s)
conclude(s) that WDP has entered into a Less Favorable Arrangement with an
Affiliate or Related Party, Lender's sole and exclusive remedy shall be the
right to receive an adjustment on the next accounting statement when due,
including any additional payments that may be required, pursuant to Paragraph
2.1 hereof, modified to the extent required to render such Less Favorable
Arrangement not a Less Favorable Arrangement.

       

      3.4.      Sales of
All Rights

       

      A.      If
after completion and delivery of the Picture to WDP, WDP sells all its right,
title and interest in the Picture (other than to an Affiliate or through merger
or consolidation), Lender may elect that:

       

      1.     The
net sum received by WDP shall constitute Defined Receipts hereunder but further
income of purchaser in connection with the Picture shall not be included in
Defined Receipts, or,

       

      2.     The
net sum received by WDP shall not be included in Defined Receipts and all
receipts and expenses (other than the purchase price paid to WDP) of the
purchaser relating to the Picture shall be treated for purposes of accounting to
Lender, as though they were receipts and expenses of WDP, provided that upon
assumption by purchaser of such obligation, the sale shall be considered a
novation and WDP shall thereafter have no obligation of any kind to
Lender.

       

      B.      Lender's
election shall be made within 7 days after WDP notifies Lender in writing that
it proposes to make such sale and identifies the purchaser and purchase price.
If WDP does not receive written notice of Lender's election within 7 days after
issuance of WDP's notice, then WDP shall have the right, but not the obligation,
to make such election on Lender's behalf.

       

      3.5.      Assignment
by Lender

       

      A.      Lender
may assign Lender's right to receive its Contingent Bonus hereunder in whole or
in part, at any time after the release of the Picture, subject to WDP's approval
not to be unreasonably withheld and provided that such assignment does not
subject WDP to any additional liability in connection with the
assignment.  However, in no event shall WDP be obligated to account to
more than one Person. In any event, WDP's obligation to pay in accordance with
any assignment, or designation of a disbursing agent, shall be conditioned on
WDP's receipt of written notice thereof, in form satisfactory to WDP, and WDP's
payment in accordance therewith shall satisfy WDP's payment obligations to
Lender hereunder.  Lender's right to examine WDP's books of account
shall not be assignable without WDP's prior written consent and in any event
shall be limited to one Person.

       

      B.      WDP
shall have the right of first refusal with respect to any proposed assignment of
Lender's right to receive Contingent Bonus hereunder upon equivalent terms (to
the extent economically matchable) offered to Lender by a bona fide third party.
Lender shall notify WDP of the terms of any such proposed assignment and WDP
shall have 7 business days within which to elect to accept such
terms.  Lender shall make no change in such terms which are adverse to
Lender's interest without giving WDP the opportunity to accept such changed
terms.  If WDP does not elect to accept such terms, then Lender shall
be free to accept the proposed terms of assignment from such bona fide third
party provided that if such proposed assignment is not concluded within 30 days
following the expiration of the 7 business day period referred to above, WDP's
right of first refusal under this Paragraph 3.5.B shall revive and shall apply
to each subsequent offer received by Lender. This Paragraph 3.5.B shall not
apply to family gifts.

       

      
        
          Contingent
Bonus

          
          

        

        
          page 8 of
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      3.6.      General
Terms

       

      A.      This
Agreement is not for the benefit of any third party and shall not create a
partnership, joint venture, agency, trust or fiduciary obligation between WDP
and Lender or make Lender WDP's agent or create a relationship between WDP and
Lender other than creditor-debtor to the extent amounts are due
hereunder.

       

      B.      WDP
may, in its business judgment, commingle Contingent Proceeds or Defined Receipts
with any other funds.

       

      C.      Nothing
in this Exhibit CB or the Agreement shall give Lender the right to a lien on the
Picture, the Contingent Proceeds or Defined Receipts.

       

      D.      Lender
shall not be entitled to interest or any other gain which may accrue as a result
of WDP's obligation to pay Lender's Contingent Bonus (or part thereof) even in
the event of a dispute between Lender and WDP concerning the interpretation of
this Exhibit CB, non-payment hereunder or otherwise.

       

      E.      Headings
are for convenience only and are of no effect in construing the contents of this
Agreement.

       

      F.      Lender
waives any right at law or equity to revoke, terminate, diminish or enjoin any
rights granted or acquired by WDP hereunder by reason of a claimed non-payment
of monies allegedly due and payable hereunder, it being agreed that Lender's
sole remedy for any such alleged non-payment shall be limited to a claim for any
such money that is due and payable hereunder.

       

      END
OF EXHIBIT CB

       

      
        
          Contingent
Bonus

          
          

        

        
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      SCHEDULE
"A"

      REFERRED TO IN PARAGRAPH
1.1.A.8 OF EXHIBIT CB

      

      MUSIC
PUBLISHING

      

      
        	
                1.

              	
                A
      royalty equal to fifteen percent (15%) of Music Publishing Contingent
      Proceeds ("MPCP") received by WDP from the exploitation of music
      publishing rights (i.e., mechanical reproduction, public performance,
      sheet music/folios and synchronization) to the original music and/or
      lyrics written specifically for and synchronized in the Picture as
      generally released (the "Music") shall be included in Defined
      Receipts.

              

      

      

      
        	
                2.

              	
                Music
      Publishing Defined Receipts ("MPDR") shall
      mean all monies actually received by WDP with respect to the Music
      excluding any advance, guarantee or minimum royalty payment received by
      WDP in connection with any subpublishing, collection, licensing or other
      agreement, unless such payment is specifically attributable to the
      Music.

              

      

      

      
        	
                3.

              	
                MPCP
      shall mean MPDR less the following:

              

      

      

      
        	
                 
      

              	
                (a)

              	
                Royalties
      or other monies payable by WDP to the composer(s) and/or lyricist(s) of
      the Music.

              

      

      

      
        	
                 
      

              	
                (b)

              	
                All
      additional shares of MPDR payable by WDP to such composer(s), lyricist(s)
      and/or any other third party co-publishers, administrators or other
      participants.

              

      

      

      
        	
              	
                (c)

              	
                Collection
      or other fees customarily and actually charged by The Harry Fox Agency,
      Inc., or any other collection agent  used by
  WDP.

              

      

      

      
        	
              	
                (d)

              	
                Copyright
      registration fees and the costs of transcribing  lead
      sheets.

              

      

      

      
        	
                 
      

              	
                (e)

              	
                All
      other administration and exploitation expenses incurred with respect to
      the Music including, without limitation, the costs of producing
      demonstration records, advertising and promotion expenses, costs or
      amounts payable to third-party publishers, co-publishers, administrators,
      publishing participants, subpublishers, licensees, trustees or collection
      agents, attorneys' and accountants' fees directly related to the Music,
      and damages and expenses incurred by reason of infringement claims, but
      excluding rents, overhead, salaries and other similar general
      expenses.

              

      

      

      
        	
                4.

              	
                If
      Lender is entitled to receive a direct royalty or other type of payment
      with respect to the Music, then no portion of MPCP will be included in
      Defined Receipts.

              

      

      

      WALT DISNEY
PICTURES

      MUSIC
PUBLISHING

      SCHEDULE "A" TO EXHIBIT
CB

      
        
          Contingent
Bonus

           

        

        
          page 10
of 12

          
            

          

        

        
           

        

      

      SCHEDULE
"B"

      REFERRED TO IN PARAGRAPH
1.1.A.8 OF EXHIBIT CB

      

      1.          
  SOUNDTRACK
RECORDS:  In the
event WDP receives any royalties in respect of the soundtrack album(s) (“Album”)
and/or other  "phonorecords" (as that term is defined in the U.S.
Copyright Act of 1976, 17 U.S.C. Sections 101, et. seq.) derived from the
soundtrack of the Picture (“Soundtrack Records”), then WDP agrees that such
royalties will be computed as follows for inclusion in Defined
Receipts:

      

      1.1     If an
Affiliate distributes Soundtrack Records, then the royalty included in Defined
Receipts shall equal 21⁄4 % (“Royalty Rate”) of the suggested retail list price
(or the equivalent wholesale royalty) for net sales of the Album through normal
retail channels in the United States (“USNRC Sales”).  The Royalty
Rate shall be otherwise defined, computed, reduced and accounted for on the same
basis that the Affiliate customarily accounts to third party recipients
including, without limitation, in respect of foreign sales, configurations
variations, taxes, flat fee licensing, coupling, singles, free goods, packaging
deductions, royalty base and all other reductions and
deductions.  Royalties hereunder shall only be included in Defined
Receipts prospectively after the recoupment from the aggregate royalty payable
(or accrued against advances or other charges) by WDP in respect of Soundtrack
Records (including royalties payable to artists, producers, record companies,
film personnel, music supervisors, musicians and the royalty payable pursuant to
this Schedule B) of the following:      (i) all
recording costs of the master recordings embodied in Soundtrack Records; (ii)
any re-recording costs of master recordings which are re-recorded for Soundtrack
Records; and (iii) all costs of converting the master recordings in the Picture
from motion picture recordings to phonograph record use (including, re-recording
costs, reuse fees, editing, sweetening, etc.).

      

      1.2         In
the event that WDP receives its royalties from the exploitation of Soundtrack
Records by a third party distributor, then the royalty to be included in Defined
Receipts shall be the "Soundtrack Contingent Proceeds" (as defined
below).

      

      1.3.          “Soundtrack
Contingent Proceeds” shall mean all revenues received by WDP from the
exploitation of Soundtrack Records, if any, as set forth in the applicable
Soundtrack Records agreement after deduction of the following costs and third
party royalties:

      

      (a)           A
sum equivalent to the actual dollar amount (including any fixed cash amounts,
advances and/or royalties) actually paid to all third party performers and/or
participants with respect to the music/soundtrack contained in Soundtrack
Records and/or the Picture, including without limitation, cash payments and/or
royalties payable to artists, producers, record companies, film personnel, music
supervisors and musicians.

      

      (b)           A
sum equivalent to all artwork costs for Soundtrack Records to the extent such
artwork costs are paid by or charged to WDP, remixing and remastering costs,
re-recording costs, reuse fees, license fees and similar costs attributable to
the recording/production and/or licensing of the master recordings embodied on
Soundtrack Records, except to the extent such costs are included in the negative
cost of the Picture and to the extent such Soundtrack Records costs and fees
have actually been incurred directly or indirectly by WDP.

      

      (c)           Any
legal fees or related expenses incurred by WDP for outside legal counsel engaged
at WDP's election to: document and/or negotiate the applicable Soundtrack
Records agreement; in protecting or defending WDP's rights, privileges and
benefits with respect to Soundtrack Records and/or any master recordings
recorded/acquired for the Picture and/or Soundtrack Records; and/or in
connection with any dispute involving any release/distribution agreement
pertaining to Soundtrack Records.

      

      (d)           In
the event the Soundtrack Records distributor pays WDP any nonreturnable advance
against royalties, a reasonable reserve shall be applied towards (i) third party
payments payable prior to the Soundtrack Record distributor's recoupment of such
advance at the "net" artist rate; and (ii) unrecouped costs incurred by WDP in
respect of any Soundtrack Records and/or in excess of the budgeted cost of the
music for the Picture.

       

      
        
          Contingent
Bonus

          
          

        

        
          page 11
of 12

          
            

          

        

        
          
          

        

      

       

      1.4.           Notwithstanding
the foregoing, no royalties shall be included hereunder for any so-called
"storyteller" or "read-along" phonorecords or for any phonorecords embodied in
other merchandise or for any audiovisual devices now known or hereafter
devised.

      

      1.5.           If
Lender is entitled to receive a direct royalty or other type of payment with
respect to Soundtrack Records, then no royalties from Soundtrack Records will be
included in Defined Receipts.

      

      2.            MERCHANDISING/PUBLISHING.  With
respect to items of merchandising (including interactive games and other
products and services) and book publication (including children’s storytelling
recordings, as distinguished from soundtrack records, but excluding souvenir
programs and similar publications) based on the Picture, then:

      

      2.1           For
items sold by a licensee of WDP, the royalties WDP receives from such licensee
shall be included in Defined Receipts of the Picture after first deducting (i) a
percentage deduction of:  fifty percent (50%), inclusive of
subdistributor fees, for items sold in the U.S.; sixty-five percent (65%),
inclusive of subdistributor fees, for items sold outside the U.S.; and fifteen
percent (15%) plus any subdistributor's fees for any book novel; and (ii)
out-of-pocket costs and royalties to third parties; or

      

      2.2           For
items are sold by WDP at the wholesale or retail level, at WDP's discretion,
either:  (i)  an amount equal to seven (7%) of the wholesale
price of such items sold by WDP at the wholesale level (less a reasonable
allowance for returns); or (ii)  an amount equal to seven percent (7%)
of fifty percent (50%) of the gross retail revenues of such items sold by WDP at
the retail level (less a reasonable allowance for returns) shall be included in
Defined Receipts of the Picture after first deducting (a) a percentage deduction
of fifty percent (50%) for items sold in the U.S.; sixty-five percent (65%) for
items sold outside the U.S.; and fifteen percent (15%) with respect to any book
novel; and (b) out-of pocket costs and royalties to third parties.

      

      2.3           In
no event shall any items of merchandise be treated as falling under both
provisions 2.1 or 2.2 above.

      

      2.4           If
Lender is entitled to receive a direct royalty or other type of payment with
respect to the exercise of merchandising and book publication rights, then no
royalties therefrom will be included in Defined Receipts.

      

      WALT DISNEY
PICTURES

      SOUNDTRACK
RECORDS/MERCHANDISING/PUBLISHING

      SCHEDULE "B" TO EXHIBIT
CB

      
        
          Contingent
Bonus

           

        

        
          page 12
of 12

          
            

          

        

        
           

        

      

    

    
      EXHIBIT
"CB-T"

      

      This
Exhibit is attached to and made part of the agreement (“Agreement”) dated March
20, 2006, between Silver Creek Pictures (“Silver Creek”) and POW! Entertainment,
Inc. ("Participant") for the services of Stan Lee (“Participant”) relating to
one or more, or all, as the context may require, of the television programs
produced pursuant to the Agreement (the “Program(s)”) currently entitled
"________________" to be distributed by Touchstone Television Productions, LLC
(“Touchstone”).

      

      
        
          
            
              	
                      NOTE:  PLEASE READ CAREFULLY

                    

            

          

        

      

      

      This
Exhibit CB-T sets forth the contractual formula to be used solely for the
definition, computation, and accounting of Contingent Proceeds and payment, if
any, of Participant's Contingent Bonus as provided in the
Agreement.

      

      Participant
understands and agrees that:  (i)  the defined terms shall
have the meanings described in this Exhibit CB-T; (ii) the words or defined
terms used herein may not necessarily correspond in any way to generally
accepted accounting principles or any other definitions associated with the
practices of accounting or auditing; (iii) there is no guarantee whatsoever,
and it is
unlikely, that any Contingent Bonus will become payable to Participant,
regardless of the level of income, revenues, profits and/or receipts, if any,
that Touchstone, Affiliates or Related Parties, or any distributor or exhibitor
realizes from the exploitation of the Program(s); (iv) Participant shall be
entitled to the payment of Contingent Bonus amounts only in accordance with the
terms hereof, and Participant acknowledges and understands that any such payment
is entirely speculative; (v) Participant has been represented by counsel or
other representative(s) of its/his/her choice in the negotiation of the terms of
the Agreement and this Exhibit CB-T; (vi) Participant has a full understanding
of the terms of the Agreement and this Exhibit CB-T; (vii) Touchstone’s,
Affiliates' and Related Parties' accountings for financial reporting, tax
reporting or other purposes are not prepared in the same manner as accountings
pursuant to this Exhibit CB-T; (viii) no fiduciary relationship whatsoever
exists between Touchstone, on the one hand, and Participant, on the other hand,
including arising from the obligation of Touchstone to account for Contingent
Proceeds and potentially to pay a Contingent Bonus to Participant; (ix) the
terms of this exhibit are part of a comprehensive negotiated agreement that
contains both economic and non-economic terms, and, which taken as a whole, is
the product of an arm's length give and take negotiation whether or not changes
have been made to this Exhibit CB-T; and (x) no representations whatsoever,
expressed or implied, have been made to Participant that are contrary to this
Paragraph.

      

      Initialed:  _______
(Participant)

      

      Initialed:
_______ (Loanout company, if applicable)

       

      
        
          2004
Exhibit-CB-Touchstone 9-1-04

          
          

        

        
          Page 1 of
15

          
            

          

        

        
          
          

        

      

       

      EXHIBIT
CB-T

      

      CONTINGENT BONUS
FORMULA

      

      "Contingent
Proceeds" shall mean the Defined Receipts, if any, remaining after Touchstone
deducts and retains for its own account, the following items on a continuing
basis in the following order of priority:

      

      
        	
                A.

              	
                FIRST DEDUCTION - First, an amount
      equal to the following percentages (“Percentage Deduction”) of Defined
      Receipts:

              

      

      

      
        	
                o

              	
                From
      Defined Receipts for licenses to a United States National Commercial
      Network, including summer and intermixed repeats of the Program(s),
      pursuant to any agreement with such network to telecast the Program(s) in
      prime time - 10%

              

      

      

      
        	
                o

              	
                From
      Defined Receipts for any other license to a United States National
      Commercial Network, including any non-prime time stripping of the
      Program(s) - 15%

              

      

      

      
        	
                o

              	
                From
      Defined Receipts for licenses to telecast on the entire CBC or CTV
      networks in Canada - 25%

              

      

      

      
        	
                o

              	
                From
      Defined Receipts for all other licenses for Free Television exhibition of
      the Program(s) in the United States or Canada -
  35%

              

      

      

      
        	
                o

              	
                From
      Defined Receipts for licenses to United States national pay television
      networks such as HBO or Showtime -
25%

              

      

      

      
        	
                o

              	
                From
      Defined Receipts for distribution in Supplemental Markets (other than
      United States national pay television
networks):

              

      

      

      United States, Canada and United
Kingdom - 35%

      Outside United States, Canada and
United Kingdom - 40%

      

      
        	
                o

              	
                If
      the Program(s) is released for exhibition before paying audiences in
      commercial motion picture theatres, then Touchstone’s standard Percentage
      Deduction and all other terms affecting the calculation of Contingent
      Bonus from such theatrical exhibition pursuant to Touchstone’s standard
      provisions in effect at the time for motion pictures distributed
      theatrically will apply to such exhibition of the Program(s)
      therein.

              

      

      

      
        	
                o

              	
                From
      Defined Receipts for any other telecasting or use of the Program(s) not
      specified above, whether in the United States or elsewhere -
      40%

              

      

       

      
        	
                B.

              	
                SECOND DEDUCTION - Next, from the
      remaining amount of Defined Receipts, an amount equal to the Distribution
      Costs.

              

      

      

      
        	
                C.

              	
                THIRD DEDUCTION - Next, from the
      remaining amount of Defined Receipts, if any, whether or not funds are
      actually borrowed for the Program(s), and irrespective of the actual
      funding arrangements or Touchstone’s actual financing costs for the
      Program(s) or Touchstone’s borrowing rate, as Touchstone’s funding charge,
      an amount equal to 1.25 times the prime rate of the Bank of America, as
      the same may vary from time to time, on the total amount of the Fourth
      Deduction below, commencing from the respective dates on which amounts
      chargeable under the Fourth Deduction are paid or incurred (whichever
      first occurs) and continuing through the middle of the accounting period
      in which those amounts are recouped and in this regard the first
      accounting period (as defined in Paragraph 2.1 below) will commence one
      year prior to the end of the first accounting
  period.

              

      

      
        
          2004
Exhibit-CB-Touchstone 9-1-04

           

        

        
          Page 2 of
15

          
            

          

        

        
           

        

      

      
        	
                D.

              	
                FOURTH DEDUCTION - Next, from the
      remaining amount of Defined Receipts, if any, an amount equal to the Cost
      of Production plus an additional 15% of Cost of Production, which 15%
      shall be charged concurrently with the incurring of the respective items
      of Cost of Production.

              

      

      

      
        	
                E.

              	
                FIFTH DEDUCTION - Next, from the
      remaining amount of Defined Receipts, if any, an amount equal to the Other
      Contingent Amounts.

              

      

      

      The
remaining amount, if any, shall be the Contingent Proceeds from which
Participant's percentage or share thereof (the "Contingent Bonus") shall be
calculated.

      

      The terms
used in this Contingent Bonus Formula are defined in, and the Contingent Bonus
hereunder shall be accounted for, pursuant to the terms and conditions of the
attached Schedule 1.

      
        
          2004
Exhibit-CB-Touchstone 9-1-04

           

        

        
          Page 3 of
15

          
            

          

        

        
           

        

      

       

      SCHEDULE
1

       

      DEFINITIONS

       

      1.1. Defined
Receipts

       

        A.  
  "Defined Receipts" means the aggregate of all monies actually
received by Touchstone on behalf of the Program(s) in U.S. dollars in the U.S.
or in a foreign currency which are not Restricted Funds, only from:

       

      1.     The
broadcasting, distribution, exhibition and marketing (herein sometimes
collectively called “distribution”) of the Program(s) Touchstone produces
pursuant to, and during the term of, the Agreement to which this Exhibit is
attached.  With respect to the distribution of the Program(s) by any
Person (other than Touchstone) licensed by Touchstone
with an obligation to report receipts and expenses to Touchstone (a
“Subdistributor”), Touchstone shall, to the extent reported and accounted to
Touchstone, treat all receipts received and earned by the applicable
Subdistributor relating to the Program(s) as though such receipts were
Touchstone's Defined Receipts and all distribution costs of such Subdistributor
relating to the Program(s), plus any distribution fees paid to such
Subdistributor by Touchstone, will be treated as distribution costs of
Touchstone.

       

      2.     Monies
(less all costs and fees) from third parties who are found by a court of
competent jurisdiction to have been copyright infringers of the
Program(s);

       

      3.     The
manufacture and distribution of audio-visual cassettes, video discs and all
electronic, digital and/or optical storage and/or transmission formats, any
analog or digital reproductions, or any similar device and/or format embodying
the complete Program(s) in linear form, whether now known or hereafter devised
("Video Devices"); provided that Defined Receipts from Video Devices shall
be:  (a) if Touchstone distributes Video Devices, a royalty in an
amount equal to 20% of the sums actually received by such
entity  (less taxes, credits and returns) from the distribution
thereof; or (b) royalties actually received by Touchstone from any unaffiliated
third party Video Device distributor less royalties payable to other third
parties.

       

      4.     The
royalties as provided in Schedules A (Music) and B (Soundtrack Records,
Merchandising/Publishing), which are attached hereto and incorporated herein by
this reference.  There will be no Percentage Deduction applied to the
royalties under this subparagraph 1.1.A.4.

       

        B.   
  Defined
Receipts Exclusions

       

      The
following are not included in Defined Receipts:

       

      1.     Receipts
of broadcasters and other transmitters by all means now known or hereafter
devised; wholesale or retail distributors, licensors or sellers of Video
Devices, audio devices and other products; book or music publishers;
merchandisers and retailers; or any other similar Person, whether or not any or
all such excluded Persons are owned, operated or controlled by Touchstone,
Affiliates or Related Parties.

      
         

        2.     Amounts
received from advance payments or security deposits unless earned by exhibition
or broadcast, or unconditionally non-returnable, and refunds, rebates or
adjustments granted to other Persons by Touchstone.

      

       

      3.     Amounts
payable in foreign currency and not received by Touchstone in the U.S. due to
remittance restrictions ("Restricted Funds").  Restricted Funds shall
not be included in Defined Receipts nor accounted for unless and until they have
been received by Touchstone in U.S. dollars in the U.S. or expended by
Touchstone in the territory in which held, except as provided in 1.1.B.3(a)
below.

       

      (a)     If
any Contingent Bonus becomes payable to Participant under this Agreement,
Participant may notify Touchstone in writing that Participant desires to have
included in Participant's Contingent Bonus, Participant's share of Restricted
Funds in a particular territory and designates a bank or other representative in
such country, to whom payment may be made for Participant's
account.  Upon Touchstone's receipt of such notice and all required
permissions, such payment shall be made to Participant's representative at
Participant's expense.  Upon payment of Participant's share of
Restricted Funds, Touchstone shall have no further obligation to account for
such Restricted Funds whether as Defined Receipts or otherwise.

       

      (b)     On
Participant's written request, Touchstone shall report to Participant the amount
of Restricted Funds (if any) which under this Paragraph 1.1.B.3 have not yet
been included in Defined Receipts as of the closing date of the most recent
statement which has been furnished to Participant under Paragraph 2.1
below.

       

      4.     Amounts
collected in connection with the distribution of the Program(s) as taxes or for
payment of taxes (e.g., admission, sales, use or value-added taxes,
etc.).

       

      5.     Amounts
collected from exhibition of the Program(s) contributed to charitable
organizations.

       

      6.     Receipts
from any Spinoff, remake, prequel, sequels, radio, theatrical production, or
other derivative uses of the Program(s) or any element thereof.

       

      7.     Salvage
value or receipts derived from prints, tapes, film stocks, clips from film or
tape, stock footage, stills, props, sets, wardrobe, or other items included in
Cost of Production.

      
        
          2004
Exhibit-CB-Touchstone 9-1-04

           

        

        
          Page 4 of
15

          
            

          

        

        
           

        

      

       

      1.2.  Percentage
Deduction

       

      "Percentage Deduction" means the
percentage of Defined Receipts set forth in the Contingent Bonus Formula as the
First Deduction which Touchstone shall deduct and retain for its own
account.

       

      1.3. Distribution
Costs

       

      A.      "Distribution
Costs" means the aggregate of all costs, expenses and charges paid, advanced or
incurred by Touchstone or a Subdistributor, directly or indirectly, in
connection with the distribution, exhibition and exploitation of the Program(s),
which are not included in Cost of Production or are customarily treated as
distribution expenses under customary accounting in the television industry,
including any of the following:

       

      1.     Ad and Publicity
Costs

       

      Advertising,
promoting, marketing, exploiting and publicizing (collectively "ad" or
"advertising") in connection with the Program(s), including the cost of ad
space, time, and physical material used for ads and commercials; shipping,
integrating and monitoring of ads and commercials; preparation and dissemination
of ad material; salaries, fees, travel and business expenses of Touchstone
advertising and marketing executives, personalities connected to the Program(s),
and publicists, press representatives and field exploitation persons
appropriately allocated (in Touchstone's business judgment) to the Program(s),
whether or not incurred by or paid to Touchstone employees or other persons;
previews, screenings, premieres, trade shows and sales events; entertainment of
press and personalities; research and tests of ad concepts and effectiveness;
press books and kits, trailers, stills and other accessories and publicity
releases; commercial tie ups; other advertising and publicity costs whether
directed to the consumer or the exhibitor and institutional costs.

       

      2.     Conversion

       

      Conversion
to U.S. dollars and remittance of Defined Receipts to the U.S., including costs
and fees of contesting the imposition of restrictions.

       

      3.     Checking

       

      Checking
receipts, and investigating unauthorized use of the Program(s), whether payable
to or incurred by Touchstone employees or other Persons.

       

      4.     Claims

       

      All
expenses, costs and attorneys' fees in connection with the investigation,
assertion, prosecution or defense of claims or litigation relating to the
Program(s) and the gross amount paid for the settlement or satisfaction of any
claims, judgments or decrees in connection therewith.

       

      5.     Collections

       

      Collection
of Defined Receipts, including attorneys' and auditors' fees and costs, and
liability incurred by Touchstone in connection therewith.

       

      6.     Copyright and
Royalties

       

      Copyright,
trademark and patent costs in connection with the Program(s) and royalties
payable with respect thereto.

       

      7.     Other
Versions

       

      Costs and
expenses attributable to modifying the Program(s) for any and all uses which may
be made of it, including, but not limited to, any costs incurred in retitling
the Program(s), removing commercial material, dubbing or subtitling the
Program(s) for foreign distribution, or otherwise altering or editing the
Program(s) for any uses (whether for censorship purposes or
otherwise).

       

      8.     Additional
Payments

       

      Additional
payments (including both those expressed in fixed amounts or in percentages,
including television rerun, theatrical use or reuse payments and/or any other
payments required to be made to or on behalf of personnel used in connection
with the Program(s), or to any organization with which they are associated, by
reason of any collective bargaining agreement and/or any individual employment
or other agreements) required to be made with respect to any and all Persons who
furnish material for or who have rendered services and/or granted rights in
connection with the Program(s) together with all fees, taxes, pension fund
contributions and similar expenses attributable to such payments.  Any
such payments to or on behalf of Participant shall be deducted from
Participant’s Contingent Bonus (if any) to the extent not prohibited by the
applicable collective bargaining agreement.  Any payments of
Participant’s Contingent Bonus made prior to the payment to Participant of any
additional payments referred to in this Paragraph 1.3.A.8 shall constitute a
credit against such additional payments to the extent not prohibited by the
applicable collective bargaining agreement.

       

      9.     Insurance

       

      Insurance
coverage for any and all risks of loss or liability with respect to the
Program(s) and any elements or components thereof.  Touchstone may
elect in its sole discretion to self-insure as to any items of risk, and charge
an amount equal to the insurance premium, deductible, and any and all other
costs Touchstone would otherwise have paid for such insurance.

      
        
          2004
Exhibit-CB-Touchstone 9-1-04

           

        

        
          Page 5 of
15

          
            

          

        

        
           

        

      

       

      10.   Trade
Dues

       

      The
allocable portion, as determined in Touchstone’s business judgment, of dues,
assessments, legal fees and costs (including antitrust and piracy matters), and
contributions to the MPAA, AMPTP or similarly constituted or substitute Persons
throughout the universe.

       

      11. 
 Licenses

       

      All
licenses, duties, customs charges, fees or any other amounts to permit
exploitation of the Program(s).

       

      12. 
 Prints

       

      Prints,
tapes and other copies of the Program(s), including lab, labor, service and
materials, titles, discs, dubbing, subtitling, gauge reductions, inspection,
repair, checking, renovating, packing, shipping, storage, delivery and insurance
thereon.

       

      13.   Taxes

       

      Taxes and
governmental fees of any nature, including costs of contesting them, and
interest and penalties thereon (other than Touchstone or Subdistributor
corporate income taxes), imposed directly or indirectly on the Program(s) or any
part thereof or on a group of programs in which the Program(s) may be included
or on the Defined Receipts or the license, distribution or exhibition of the
Program(s), and collection, conversion or remittance of monies connected
therewith.  Foreign remittance and withholding taxes charged to the
Program(s) shall be determined as follows: the then-current effective tax rate
for a particular country and distribution medium shall be multiplied by the
Defined Receipts from such country and distribution medium.

       

      14.   Transportation, Shipping
Packaging, etc.

       

      Transportation,
shipping, warehousing, reels and containers, and all other costs of delivering
the Program(s) for distribution.

       

      B.      All
discounts, rebates or credits received by Touchstone specifically relating to
the Program(s) shall be taken into account in computing Distribution Costs
hereunder other than those based on:  (i) volume or quantity of
advertising, prints, negatives or other materials, or (ii) the manner or time of
payment of any Distribution Cost item.

       

      1.4.
 Other
Contingent Amounts

       

      "Other Contingent Amounts" means
amounts such as deferments, defined receipts, contingent bonus (or similar
payment), or otherwise, to any Person including Participant for rights or
services in connection with the Program(s), excluding:  (1) the
Contingent Bonus payable to Participant or retained by Touchstone hereunder; and
(2) contingent bonus payments (or other contingent payments) which reduce
Participant's Contingent Bonus to the extent provided in this
Agreement.  Other Contingent Amounts will be deducted if, when and to
the extent that Touchstone’s obligation to pay them accrues, whether or not such
payments have become due or been made and regardless of whether Touchstone has
recovered the Cost of Production.

       

      1.5.  Cost Of
Production

       

      "Cost of
Production" is the aggregate of all costs, charges, claims and expenses paid or
incurred by Touchstone in connection with the development, production and
delivery of the Program(s) and its trailers, including, if applicable,
commissions payable to an agent or other Person as consideration for assisting
in the licensing of the Program(s) or for causing talent to be available for the
Program(s), and including payments required to be made following production of
the Program(s), determined in the customary manner Touchstone accounts for
production costs at the time of production of the Program(s).  If
Touchstone’s facilities are used, a use charge shall be included in the Cost of
Production in accordance with the then-current Touchstone facilities charge
schedule.  To the extent that Touchstone employees render services in
connection with the Program(s), employee fringe benefit costs for such employees
shall not exceed the effective fringe benefit rate for Touchstone employees
during the fiscal year preceding the fiscal year in which the services were
rendered. To the extent that Touchstone’s contractual obligation to pay a
contingent payment (such as a deferment, defined receipts payment, contingent
bonus or similar payment) to any Person, including Participant, for rights or
services in connection with the Program(s) accrues before any Contingent Bonus
is payable hereunder, and/or to the extent Touchstone pays any advance against
its contractual obligation to pay any such contingent payment to any Person,
and/or an advance to Participant, for rights or services in connection with the
Program(s), such contingent payments and advances shall be deemed included in
the Cost of Production regardless of whether the obligation is fixed or
dependent.

       

      1.6.  Miscellaneous
Definitions

       

      A.      Free TV

       

      "Free TV"
is television exhibition for which no fee or subscription is charged to the
viewer.

       

      B.      National Commercial
Network

       

      "National Commercial Network" means
ABC, NBC or CBS or any other similar affiliated group of Free TV television
stations broadcasting more than fifteen hours of prime time programming per week
with eighty percent U.S. clearance.

       

      C.      Includes

       

      "Includes" (and equivalents "included"
or "including") and "such as," are illustrative and not intended to be
limiting.

      
        
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      D.      Person

       

      Any corporation, partnership or other
business entity or natural person.

       

      E.      Touchstone

       

      For the purposes of this Exhibit CB-T,
"Touchstone" means Touchstone Television Productions, LLC and Affiliates engaged
in the business of theatrical, non-theatrical and television distribution of
motion pictures and Program(s).  Touchstone shall not include: any
theatrical exhibitor or others who may actually exhibit the Program(s) to the
public, radio or television transmitter or broadcaster (including any television
network); any satellite, cable or other pay television operator, nor any Person
transmitting the Program(s) to such operators or any one else by any method or
delivery system; any wholesale distributor or retailer of video discs,
videocassettes or similar devices; any book or music publisher; any producer or
distributor of audio products; any merchandiser; or any other similar Person,
whether or not any of the foregoing excluded Persons are owned in whole or in
part, operated or controlled by Touchstone.

       

      F.      Affiliate

       

      For
purposes of this Exhibit CB-T, "Affiliate" shall mean any entity (other than
Touchstone) that is a subsidiary of The Walt Disney Company or ABC, Inc. (i.e.,
an entity of which The Walt Disney Company or ABC, Inc. owns, directly or
indirectly through one or more intermediaries, more than 50% of the voting
stock) and each other entity which, directly or indirectly through one or more
intermediaries, controls, or is controlled by, or is under common control with,
The Walt Disney Company or ABC, Inc.  For purposes of this definition,
the terms "control," "controls," and "controlled" mean the power to direct the
management and policies of such entity, whether through the ownership of voting
securities, by contract or otherwise.

       

      G.      Related
Party

      
         

        For
purposes of this Exhibit CB-T, "Related Party" shall mean any entity (other than
an entity included in the definitions of Touchstone and Affiliate) which The
Walt Disney Company or ABC, Inc. owns directly or indirectly through one or more
intermediaries, more than 10% of the voting stock.

      

       

      H.      Agreement

       

      "Agreement" is the agreement to which
this exhibit is attached, together with this exhibit, and any
other  amendments, exhibits and schedules.

       

      I.   
    Spin-off

       

      "Spin-off” means all episodes of a new
television series, other than those which are part of the Program(s); but which
are based on and incorporate any continuing character or substantial element
from the Program(s).

       

      J.   
    Supplemental
Markets

       

      Supplemental Market is exhibition in
pay, cable and subscription television (including so-called basic cable), as
well as audio visual cassettes, video discs and similar devices for transmission
of audio and visual images whether now known or hereafter devised.

       

      2.      ACCOUNTING

       

      2.1. 
Statements

       

      The first accounting period hereunder
will commence on the date hereof, and will continue through: (a) for episodic
television series Programs, the September 30th of the
year in which occurs the completion of the initial order of the Program(s); or
(b) for all the other Programs, the end of the calendar quarter following
initial commercial exploitation.  Each 12-month period thereafter will
constitute a separate accounting period.  However, at such time as
Touchstone licenses the Program(s) for exhibition following all exhibitions
licensed under agreement(s) and any amendments(s) thereto authorizing the first
run of the Program(s) on a United States National Commercial Network, such
statements will be rendered quarterly for two years and thereafter
annually.  Touchstone will render an accounting statement to
Participant within 90 days after the end of each accounting period during which
any Defined Receipts are received by Touchstone hereunder.  If
Touchstone makes any overpayment to Participant hereunder for any reason or if
Participant is indebted to Touchstone for any reason, Participant will reimburse
Touchstone such amount on demand, or at Touchstone’s election, Touchstone may
deduct and retain for its own account an amount equal to such overpayment or
indebtedness from any sums that may become due or payable by Touchstone to
Participant for account of Participant.

      
        
          2004
Exhibit-CB-Touchstone 9-1-04

           

        

        
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      2.2.  Incontestability

       

      Statements are subject to correction or
amendment by Touchstone at any time.  Each statement and all matters
of accounting and methodology are conclusive and binding on Participant 12
months after each statement is issued, unless Participant objects in writing
within that 12 month period, specifying in detail the particular items on the
statement and the nature of the objection(s).  If the objections are
raised timely, but are not resolved, Participant may initiate a claim with
respect to such objections, provided such claim is instituted within 6 months
following the date of the initial written objection or prior to the expiration
of the period of the applicable statute of limitations, whichever occurs
first.  Participant may not institute or maintain a claim against
Touchstone with respect to any item or transaction on a statement, whether in a
lawsuit, an arbitration or any other proceeding unless Participant has first
provided Touchstone with a timely and detailed written objection to such item or
transaction.  Touchstone must keep books of account for any given
transaction on a statement for 12 months after the initial reporting of such
transaction.  All time periods referred to in this paragraph commence
upon issuance of the first statement on which any particular transaction is
reflected, and the reappearance of a transaction in cumulative statements shall
not cause the running of any time period to toll or recommence.

       

      2.3.  Books

       

      The items reflected in the statements,
to the extent they have not become incontestable or have not been previously
examined, may be examined at Participant's expense, once in each 12 month period
(the first of which commences upon issuance of the first statement
hereunder).  Such statements may only be examined by a national firm
of reputable CPA's, the selection of which is subject to Touchstone’s approval
not to be unreasonably withheld.   Touchstone shall make
available for examination those books of account with respect to the
distribution of the Program(s) which Touchstone customarily maintains at its
Burbank-area offices.  Each examination of any statement or statements
for a particular accounting period must be concluded within the earlier of six
months following commencement or an aggregate of 30 examination
days.  A copy of the report of such examination shall be delivered by
Participant to Touchstone when it is made available to Participant. Participant
shall have no right to inspect or copy any tax return of Touchstone or any
Subdistributor, Affiliate or any Related Party, or require the production of any
such tax return or any information contained therein

       

      2.4.  Withholdings

       

      All amounts payable to Participant
under this Agreement shall be subject to all present and future laws and
regulations requiring the reporting, deduction or withholding of payments for
taxes or otherwise.  Touchstone will have the right to make such
deductions and withholdings, and the payment or reporting thereof to the
governmental agency concerned in connection with Touchstone’s good faith
determination of such laws, statutes, rules, orders and regulations shall
constitute payment hereunder to Participant.  Touchstone shall not be
liable to Participant for the making of such reports, deductions and/or
withholdings or the payment thereof to the governmental agency
concerned.  In any such event, Participant shall have the sole
responsibility for bringing and maintaining any claims against third parties
regarding such reporting, deductions or withholdings.

       

      2.5.  Address

       

      All statements will be deemed issued
when mailed to Participant at the address for notices under this
Agreement.

       

      2.6.  Reserves

       

      Touchstone will have the right from
time to time and in its business judgment to establish and adjust reserves for
any Distribution Costs, any Cost of Production, uncollected accounts or other
items which Touchstone believes in its business judgment will be deductible from
or credited against Defined Receipts hereunder.  Touchstone agrees to
liquidate reserves within an appropriate period of time within Touchstone's
business judgment.

       

      2.7.  Tax
Credits

       

      Touchstone will have the sole right to
take whatever credits (including investment tax credits), deductions or other
benefits that may be available throughout the universe, with respect to taxes
and excises payable in any way in connection with the Program(s) or otherwise,
without any accounting, credit or payment obligation to
Participant.

       

      3.      ADDITIONAL
TERMS

       

      3.1
 Arbitration

       

      Touchstone and Participant agree that
any dispute between them concerning the rights and obligations of Touchstone and
Participant under this Exhibit CB-T, whether sounding in contract or tort, may
only be adjudicated in accordance with the following procedure:

       

      Either
(i) Touchstone and Participant shall mutually select an arbitrator, or (ii) if
they cannot agree on such arbitrator, Touchstone and Participant shall each
select one arbitrator and those two arbitrators shall then select a third
arbitrator.

       

      The
parties shall arbitrate the dispute in accordance with the then-prevailing
Commercial Arbitration Rules of the American Arbitration Association (except to
the extent expressly set forth elsewhere in this Exhibit CB-T) and judgment on
the award rendered by the arbitrator(s) may be entered in any court having
jurisdiction thereof.

       

      
        3.2 
No
Representation

      

       

      Touchstone has no obligation to
distribute the Program(s) and if it does so, Participant acknowledges that
Touchstone has no obligation to maximize Defined Receipts and has not made any
representations with respect to the likelihood or amount of Defined Receipts,
deferments, Contingent Proceeds or Contingent Bonus, if any, which will or may
be derived from distribution of the Program(s).

      
        
          2004
Exhibit-CB-Touchstone 9-1-04

           

        

        
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        3.3. 
Control
of Exploitation

      

       

      A.      As
between Touchstone and Participant, Touchstone will have exclusive and perpetual
control of the distribution, advertising, publicizing, exploitation, sale or
other disposition of the Program(s) and may distribute, or withhold or withdraw
the Program(s) or any part thereof from distribution at its sole discretion with
respect to one or more territories or media.  Touchstone may
distribute the Program(s) with other motion pictures whether or not Touchstone
has any interest in such other motion pictures.

       

      B.      For
all purposes under this Exhibit CB-T, allocations of Defined Receipts, costs,
rights and other matters relating to the Program(s) and other motion pictures
shall be allocated by Touchstone in its business judgment and in accordance with
Touchstone’s prevailing business practice.

       

      C.      As
between Touchstone and Participant, Touchstone owns all rights to the Program(s)
and its Defined Receipts and Contingent Proceeds, including the right to
encumber, transfer or dispose of them and Participant shall have no right, title
or interest therein.  Participant acknowledges that its sole right
under this Exhibit is a contractual right to contingent compensation in the form
of, and measured by, the Contingent Bonus Formula.

       

      D.      Touchstone,
its agents and assigns, in its and their business judgment, shall be entitled to
distribute the Program(s) on a percentage basis or make flat sales, make and
cancel contracts, adjust and settle disputes, and give allowances and rebates to
distributors, licensees, exhibitors or other Persons whether or not any such
entity is owned, operated or controlled by Touchstone, Affiliates or Related
Parties.

       

      E.      Touchstone
shall have complete discretion in determining the extent, if any, to which it
will audit or check payments or charges to Touchstone or assert claims with
respect thereto.

       

      F.      Participant
acknowledges that Touchstone is part of a large, diversified international group
of affiliated companies engaged in a variety of business activities. Touchstone
has informed Participant that it frequently enters into business transactions
with Affiliates and Related Parties, and Participant acknowledges and agrees
that Touchstone is entitled (but is not obligated) to, and may, in its sole
discretion, enter into agreements or other arrangements with Affiliates and
Related Parties in connection with any or all rights relating to the Program(s),
including all exploitation rights and all subsidiary, ancillary or other rights
relating thereto (the "Exploitation Rights").  Participant hereby
acknowledges and agrees that Touchstone is under no obligation, express or
implied, to offer the Exploitation Rights or any part thereof to unaffiliated or
unrelated third parties, whether in lieu of or in addition to offering such
rights to Affiliates and Related Parties, or to otherwise seek or secure any
business arrangements with any unaffiliated or unrelated third parties with
respect thereto.  Without limiting the generality of any other
provision of the Agreement, Participant hereby waives any right to make any
claim or seek any relief, whether at law or in equity (specifically including
injunctive relief), asserting the existence and/or breach of any such express or
implied obligation.

       

      In
addition, Participant acknowledges and agrees that any agreement or other
arrangement by Touchstone with an Affiliate or Related Party regarding the
Exploitation Rights shall be conclusively presumed to be fair, reasonable and
unobjectionable unless Participant shall establish that such agreement or other
arrangement is on financial terms which, taken as a whole, are materially less
favorable economically to Touchstone than the terms of Similar Transactions
generally entered into by Touchstone with unaffiliated or unrelated third
parties;  or if there are no such unaffiliated or unrelated Similar
Transactions, then by Touchstone with Affiliates or Related Parties (as
applicable);  or if there are no such Similar Transactions with
Affiliates or Related Parties, then by Affiliates with any other Affiliate or
Related Party (any such materially less favorable agreement or arrangement being
hereinafter referred to as a "Less Favorable Arrangement").  For
purposes hereof, the term "Similar Transactions" shall mean agreements or other
arrangements relating to motion pictures similar to the Program(s) (including
Touchstone or non-Touchstone Program(s)) which involve rights which are
comparable to the Exploitation Rights or any relevant part
thereof.  Touchstone and Participant agree that in any arbitration
between them under Paragraph 3.1 above, concerning whether Touchstone has
entered into a Less Favorable Arrangement, the arbitrator(s) shall select an
independent national accounting firm with entertainment accounting expertise who
shall be present with the arbitrator(s) during the arbitration proceedings, and,
on the basis of the evidence presented (including any expert testimony presented
by the parties and admitted into evidence), shall provide a written report to
the arbitrator(s) solely on the issue of whether there was a Less Favorable
Transaction; and the above referenced records and report shall be kept in
strictest confidence by the accounting firm and disclosed only to the
arbitrator(s) who shall have authority, subject to a protective order
maintaining the confidentiality of the information to the fullest extent
permitted by law, to disclose to the parties only those relevant portions of the
report indispensable to the adjudication of the issue.  If pursuant to
Paragraph 3.1 above, the arbitrator(s) conclude(s) that Touchstone has entered
into a Less Favorable Arrangement with an Affiliate or Related Party,
Participant's sole and exclusive remedy shall be the right to receive an
adjustment on the next accounting statement when due, including any additional
payments that may be required, pursuant to Paragraph 2.1 hereof, modified to the
extent required to render such Less Favorable Arrangement not a Less Favorable
Arrangement.

       

      3.4  Sales of
All Rights

       

      A. If
after completion and delivery of the Program(s) to Touchstone, Touchstone sells
all its right, title and interest in the Program(s) (other than to an Affiliate
or through merger or consolidation), Participant may elect that:

       

      1.     The
net sum received by Touchstone will constitute Defined Receipts hereunder but
further income of purchaser in connection with the Program(s) will not be
included in Defined Receipts, or,

      
        
          2004
Exhibit-CB-Touchstone 9-1-04

           

        

        
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      2.     The
net sum received by Touchstone shall not be included in Defined Receipts and all
receipts and expenses (other than the purchase price paid to Touchstone) of the
purchaser relating to the Program(s) will be treated for purposes of accounting
to Participant, as though they were receipts and expenses of Touchstone,
provided that upon assumption by purchaser of such obligation, the sale shall be
considered a novation and Touchstone shall thereafter have no obligation of any
kind to Participant.

       

      B.  Participant's election
shall be made within 7 days after Touchstone notifies Participant in writing
that it has made
and/or proposes to make such sale and identifies the purchaser and purchase
price.  If Touchstone does not receive written notice of Participant's
election within 7 days after issuance of Touchstone’s notice, then Touchstone
shall have the right, but not the obligation, to make such election on
Participant's behalf.

       

      
        3.5  
   Assignment
by Participant

      

       

      A.     Participant
may assign Participant's right to receive its Contingent Bonus hereunder in
whole or in part, at any time after the initial airing of the first of the
Program(s) produced hereunder, subject to Touchstone’s approval not to be
unreasonably withheld and provided that such assignment does not subject
Touchstone to any additional liability in connection with the
assignment.  However, in no event shall Touchstone be obligated to
account to more than one Person. In any event, Touchstone’s obligation to pay in
accordance with any assignment, or designation of a disbursing agent, shall be
conditioned on Touchstone’s receipt of written notice thereof, in form
satisfactory to Touchstone, and Touchstone’s payment in accordance therewith
shall satisfy Touchstone’s payment obligations to Participant
hereunder.  Participant's right to examine Touchstone’s books of
account shall not be assignable without Touchstone’s prior written consent and
in any event shall be limited to one Person.

       

      B.      Touchstone
will have the right of first refusal with respect to any proposed assignment of
Participant's right to receive Contingent Bonus hereunder upon equivalent terms
(to the extent economically matchable) offered to Participant by a bona fide
third party. Participant shall notify Touchstone of the terms of any such
proposed assignment and Touchstone shall have 7 business days within which to
elect to accept such terms.  Participant shall make no change in such
terms which are adverse to Participant's interest without giving Touchstone the
opportunity to accept such changed terms.  If Touchstone does not
elect to accept such terms, then Participant shall be free to accept the
proposed terms of assignment from such bona fide third party provided that if
such proposed assignment is not concluded within 30 days following the
expiration of the 7 business day period referred to above, Touchstone’s right of
first refusal under this Paragraph 0 shall revive and shall apply to each
subsequent offer received by Participant.

       

      3.6     General
Terms

       

      A. This Agreement is not for the
benefit of any third party and shall not create a partnership, joint venture,
agency, trust or fiduciary obligation between Touchstone and Participant or make
Participant Touchstone’s agent or create a relationship between Touchstone and
Participant other than creditor-debtor to the extent amounts are due
hereunder.

       

      B.  Touchstone
may, in its business judgment, commingle Contingent Proceeds or Defined Receipts
with any other funds.

       

      C.  Nothing
in this Exhibit CB-T or the Agreement shall give Participant the right to a lien
on the Program(s), the Contingent Proceeds or Defined Receipts.

       

      D.  Participant shall not be
entitled to interest or any other gain which may accrue as a result of
Touchstone’s obligation to pay Participant's Contingent Bonus (or part thereof)
even in the event of a dispute between Participant and Touchstone concerning the
interpretation of this Exhibit CB-T, non-payment hereunder or
otherwise.

       

      E.
Headings are for convenience only and are of no effect in construing the
contents of this Agreement.

       

      F.  Participant
waives any right at law or equity to revoke, terminate, diminish or enjoin any
rights granted or acquired by Touchstone hereunder by reason of a claimed
non-payment of monies allegedly due and payable hereunder, it being agreed that
Participant's sole remedy for any such alleged non-payment shall be limited to a
claim for any such money that is due and payable hereunder.

       

      END
OF EXHIBIT CB-T

      
        
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Exhibit-CB-Touchstone 9-1-04

           

        

        
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      SCHEDULE
"A"

      REFERRED TO IN PARAGRAPH
1.1.A.4 OF EXHIBIT CB-T

      

      MUSIC
PUBLISHING

      

      
        	
                1.

              	
                A
      royalty equal to fifteen percent (15%) of Music Publishing Contingent
      Proceeds ("MPCP") received by Touchstone from the exploitation of music
      publishing rights (i.e., mechanical reproduction, public performance,
      sheet music/folios and synchronization) to the original music and/or
      lyrics written specifically for and synchronized in the Program(s) as
      generally released (the "Music") shall be included in Defined
      Receipts.

              

      

      

      
        	
                2.

              	
                Music
      Publishing Defined Receipts ("MPDR") shall
      mean all monies actually received by Touchstone with respect to the Music
      excluding any advance, guarantee or minimum royalty payment received by
      Touchstone in connection with any subpublishing, collection, licensing or
      other agreement, unless such payment is specifically attributable to the
      Music.

              

      

      

      
        	
                3.

              	
                MPCP
      shall mean MPDR less the following:

              

      

      

      
        	
                 
      

              	
                (a)

              	
                Royalties
      or other monies payable by Touchstone to the composer(s) and/or
      lyricist(s) of the Music.

              

      

      

      
        	
                 
      

              	
                (b)

              	
                All
      additional shares of MPDR payable by Touchstone to such composer(s),
      lyricist(s) and/or any other third party co-publishers, administrators or
      other participants.

              

      

      

      
        	  	
                (c)

              	
                Collection
      or other fees customarily and actually charged by The Harry Fox Agency,
      Inc., or any other collection agent used by
  Touchstone.

              

      

      

      
        	  	
                (d) 

              	
                Copyright
      registration fees and the costs of transcribing lead
    sheets.

              

      

      

      
        	
                 
      

              	
                (e)

              	
                All
      other administration and exploitation expenses incurred with respect to
      the Music including the costs of producing demonstration records,
      advertising and promotion expenses, costs or amounts payable to
      third-party publishers, co-publishers, administrators, publishing
      participants, subpublishers, licensees, trustees or collection agents,
      attorneys' and accountants' fees directly related to the Music, and
      damages and expenses incurred by reason of infringement claims, but
      excluding rents, overhead, salaries and other similar general
      expenses.

              

      

      

      
        	
                4.

              	
                If
      Participant is entitled to receive a direct royalty or other type of
      payment with respect to the Music, then no portion of MPCP will be
      included in Defined Receipts.

              

      

      

      TOUCHSTONE TELEVISION
PRODUCTIONS, LLC

      MUSIC
PUBLISHING

      SCHEDULE "A" TO EXHIBIT
CB-T

      
        
          2004
Exhibit-CB-Touchstone 9-1-04

           

        

        
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      SCHEDULE
"B"

      REFERRED TO IN PARAGRAPH
1.1.A.4 OF EXHIBIT CB-T

       

      1.           SOUNDTRACK
RECORDS:  In the
event Touchstone receives any royalties in respect of the soundtrack album(s)
(“Album”) and/or other "phonorecords" (as that term is defined in the U.S.
Copyright Act of 1976, 17 U.S.C. Sections 101, et. seq.) derived from the
soundtrack of the Program(s) (“Soundtrack Records”), then Touchstone agrees that
such royalties will be computed as follows for inclusion in Defined
Receipts:

      

      1.1     If an
Affiliate distributes Soundtrack Records, then the royalty included in Defined
Receipts shall equal 21⁄4% (“Royalty Rate”) of the suggested retail list price (or
the equivalent wholesale royalty) for net sales of the Album through normal
retail channels in the United States (“USNRC Sales”).  The Royalty
Rate shall be otherwise defined, computed, reduced and accounted for on the same
basis that the Affiliate customarily accounts to third party recipients
including, in respect of foreign sales, configurations variations, taxes, flat
fee licensing, coupling, singles, free goods, packaging deductions, royalty base
and all other reductions and deductions.  Royalties hereunder shall
only be included in Defined Receipts prospectively after the recoupment from the
aggregate royalty payable (or accrued against advances or other charges) by
Touchstone in respect of Soundtrack Records (including royalties payable to
artists, producers, record companies, film personnel, music supervisors,
musicians and the royalty payable pursuant to this Schedule B) of the
following:  (i) all recording costs of the master recordings embodied
in Soundtrack Records; (ii) any re-recording costs of master recordings which
are re-recorded for Soundtrack Records; and (iii) all costs of converting the
master recordings in the Program(s) from motion picture recordings to phonograph
record use (including, re-recording costs, reuse fees, editing, sweetening,
etc.).

      

      1.2     In the
event that Touchstone receives its royalties from the exploitation of Soundtrack
Records by a third party distributor, then the royalty to be included in Defined
Receipts shall be the "Soundtrack Contingent Proceeds" (as defined
below).

      

      1.3.         “Soundtrack
Contingent Proceeds” shall mean all revenues received by Touchstone from the
exploitation of Soundtrack Records, if any, as set forth in the applicable
Soundtrack Records agreement after deduction of the following costs and third
party royalties:

      

      (a)           A
sum equivalent to the actual dollar amount (including any fixed cash amounts,
advances and/or royalties) actually paid to all third party performers and/or
third party participants with respect to the music/soundtrack contained in
Soundtrack Records and/or the Program(s), including cash payments and/or
royalties payable to artists, producers, record companies, film personnel, music
supervisors and musicians.

      

      (b)           A
sum equivalent to all artwork costs for Soundtrack Records to the extent such
artwork costs are paid by or charged to Touchstone, remixing and remastering
costs, re-recording costs, reuse fees, license fees and similar costs
attributable to the recording/production and/or licensing of the master
recordings embodied on Soundtrack Records, except to the extent such costs are
included in the negative cost of the Program(s) and to the extent such
Soundtrack Records costs and fees have actually been incurred directly or
indirectly by Touchstone.

      

      (c)           Any
legal fees or related expenses incurred by Touchstone for outside legal counsel
engaged at Touchstone’s election to: document and/or negotiate the applicable
Soundtrack Records agreement; in protecting or defending Touchstone's rights,
privileges and benefits with respect to Soundtrack Records and/or any master
recordings recorded/acquired for the Program(s) and/or Soundtrack Records;
and/or in connection with any dispute involving any release/distribution
agreement pertaining to Soundtrack Records.

      

      (d)           In
the event the Soundtrack Records distributor pays Touchstone any nonreturnable
advance against royalties, a reasonable reserve shall be applied towards (i)
third party payments payable prior to the Soundtrack Record distributor's
recoupment of such advance at the "net" artist rate; and (ii) unrecouped costs
incurred by Touchstone in respect of any Soundtrack Records and/or in excess of
the budgeted cost of the music for the Program(s).

      
        
          2004
Exhibit-CB-Touchstone 9-1-04

           

        

        
          Page 12
of 15

          
            

          

        

        
           

        

      

      1.4.           Notwithstanding
the foregoing, no royalties shall be included hereunder for promotional copies
of records or for records sold below the cost of manufacture or for any
so-called "storyteller" or "read-along" phonorecords or for any phonorecords
embodied in other merchandise or for any audiovisual devices now known or
hereafter devised.

      

      1.5.           If
Participant is entitled to receive a direct royalty or other type of payment
with respect to Soundtrack Records, then no royalties from Soundtrack Records
will be included in Defined Receipts.

       

      2.           MERCHANDISING/PUBLISHING.  With
respect to items of merchandising (including interactive games and other
products and services) and book publication (including children’s storytelling
recordings, as distinguished from soundtrack records, but excluding souvenir
programs and similar publications) based on the Program(s), then:

      

      2.1           For
items sold by a licensee of Touchstone, the royalties Touchstone receives from
such licensee shall be included in Defined Receipts of the Program(s) after
first deducting (i) a percentage deduction of:  fifty percent (50%),
inclusive of subdistributor fees, for items sold in the U.S.; sixty-five percent
(65%), inclusive of subdistributor fees, for items sold outside the U.S.; and
fifteen percent (15%) plus any subdistributor's fees for any book novel; and
(ii) out-of-pocket costs and royalties to third parties; or

      

      2.2           For
items that are sold by Touchstone or an Affiliate at the wholesale or retail
level, at Touchstone’s discretion, either:  (i)  an amount
equal to seven (7%) of the wholesale price of such items sold by Touchstone at
the wholesale level (less a reasonable allowance for returns); or
(ii)  an amount equal to seven percent (7%) of fifty percent (50%) of
the gross retail revenues of such items sold by Touchstone at the retail level
(less a reasonable allowance for returns) shall be included in Defined Receipts
of the Program(s) after first deducting (a) a percentage deduction of fifty
percent (50%) for items sold in the U.S.; sixty-five percent (65%) for items
sold outside the U.S.; and fifteen percent (15%) with respect to any book novel;
and (b) out-of pocket costs and royalties to third parties.

      

      2.3           In
no event shall any items of merchandise be treated as falling under both
provisions 2.1 or 2.2 above.

      

      2.4           If
Participant is entitled to receive a direct royalty or other type of payment
with respect to the exercise of merchandising and book publication rights, then
no royalties therefrom will be included in Defined Receipts.

      

      TOUCHSTONE TELEVISION
PRODUCTIONS, LLC

      SOUNDTRACK
RECORDS/MERCHANDISING/PUBLISHING

      SCHEDULE "B" TO EXHIBIT
CB-T

      
        
          2004
Exhibit-CB-Touchstone 9-1-04

           

        

        
          Page 13
of 15

          
            

          

        

        
           

        

      

      TOUCHSTONE
TELEVISION

      PILOT
AND SERIES LICENSE FEE FORMULA – ABC SERIES

      SCHEDULE
“C” TO EXHIBIT CB-T

      

      Participant agrees and acknowledges
that if Touchstone licenses the Program(s) as part of a television series
comprising 60-minute or 30-minute episodes (the “Series”) to The ABC Television
Network (“ABC”) for prime-time broadcast, the applicable Pilot and Series
License Fees will be determined pursuant to the following:

      

      1) Pilot License Fee:  An
amount with respect to the Pilot which shall be comparable to pilot license fees
ABC pays for similar ABC pilots.

      

      2) Series
License Fee:

      

      (a) For
the first through fourth production years of the Series (unless the Series has a
so-called “Mid-Season Start”, in which event, in lieu of the foregoing, the
first through fifth production years):  The “Program Fee,” which
consists of (i) the base license fee; plus (ii) a perpetual term premium, if
any.  The base license fee is the episodic license fee for the first
year of the Series, together with any annual percentage increases thereon as may
be specified in the initial license agreement between Touchstone and ABC and
does not include any other or additional monies paid to Touchstone by ABC in
connection with the Series. The perpetual term premium, if any, shall include
any annual percentage increases thereon contractually agreed to by Touchstone
and ABC in the initial license agreement between Touchstone and
ABC.  The base license fee and perpetual term premium shall be
comparable to the base license fee and extended (or perpetual) term premium ABC
pays for similar ABC series.

      

      (b) For
the fifth production year of the Series (or sixth production year, if the Series
has a Mid-season start):  (i) the applicable Program Fee, plus (ii)
the “Excess Approved Production Costs” (which shall be defined as the “Actual
Episodic Production Costs” [as defined in the applicable Touchstone/ABC license
agreement for the Series] per episode up to the ABC-approved production budget
minus the Program Fee [and any breakage or other amounts reimbursed by ABC]),
plus (iii) the following applicable sum per episode (“Nielsen Ranking Premium”)
based on the final national Nielsen ranking for the Series in the adult 18-49
demographic relative to all regularly scheduled weekly prime-time television
series for the entire official Nielsen rating period (excluding only specials,
movies and mini-series but including the ABC television series currently
entitled “Monday Night Football” and “The Wonderful World of Disney” and any
similar type programming) for the preceding broadcast season (“Nielsen
Ranking”):

      

      Nielsen
Ranking Premium

      

      
        
          
            
              	
                      Rank

                      (60 minutes)

                    	 	
                      If the Series comprises 60-

                      minute episodes

                    	 	
                      Rank

                      (30 minutes)

                    	 	
                      If the Series comprises 30-

                      minute episodes

                    	 
	 
      	 	 	 	 
      	 	 	 
	
                      1-5

                    	 	$	1,000,000	 	
                      1-10

                    	 	$	650,000	 
	
                      6-20

                    	 	$	775,000	 	
                      11-20

                    	 	$	500,000	 
	
                      Below
      20

                    	 	$	125,000	 	
                      Below
      20

                    	 	$	100,000	 

            

          

        

      

      

      plus (iv)
fifty percent (50%) of one hundred percent (100%) of the “Series Deficit
Reimbursement” (as defined below) for the preceding four (4) production years
(or five (5) production years, if a Mid-Season start); provided, however, that
if the Nielsen Ranking of the Series is in the top fifteen (15) for the fourth
(fifth, if Mid-Season start) Broadcast Season, then one hundred percent (100%)
(rather than fifty percent (50%) of such Series Deficit Reimbursement) will be
added to such Series Fee calculation in the fifth (sixth, if Mid-Season start)
production year.  The Series Deficit Reimbursement is the product of
multiplying the total number of Series episodes produced from inception of the
Series through the fourth (fifth, if Mid-Season start) Broadcast Season by a
“flat” per episode amount which amount is based on the Series Nielsen Ranking
for Calculation of Series Deficit Reimbursement (as set forth below) for the
fourth (fifth, if Mid-Season start) Broadcast Season as follows:

      

      Rev.
6-3-04

      
        
          Contingent
Bonus

           

        

        
          Page 14
of 15

          
            

          

        

        
           

        

      

      

      Series
Nielsen Ranking for Calculation of Series Deficit Reimbursement

      

      
        
          
            
              	
                      Rank

                      (60 minutes)

                    	 	
                      If the Series comprises 60-

                      minute episodes

                    	 	
                      Rank

                      (30 minutes)

                    	 	
                      If the Series comprises 30-

                      minute episodes

                    	 
	 
      	 	 	 	 
      	 	 	 
	
                      1-5

                    	 	$	500,000	 	
                      1-5

                    	 	$	400,000	 
	
                      6-20

                    	 	$	400,000	 	
                      6-10

                    	 	$	350,000	 
	
                      21
      +

                    	 	$	250,000	 	
                      11-20

                    	 	$	300,000	 
	 
      	 	 	 	 	
                      21+

                    	 	$	150,000	 

            

          

        

      

      

      (c) For
the sixth production year of the Series (or seventh production year, if the
Series has a Mid-season start):  A Series License Fee determined
pursuant to the same calculation as set forth in subparts (b)(i), (ii), and
(iii) above plus the remaining  fifty percent (50%) of the
then-outstanding Series Deficit Reimbursement, if any, for the first four (4)
production years (or first five (5) production years, as applicable) provided
the same was not previously included in the Series Fee calculation pursuant to
subpart 2(b)(iv) above.

      

      (d) For
the seventh and all subsequent production years of the Series (or eighth and all
subsequent production years, if the Series has a Mid-season start):  A
Series License Fee pursuant to the same calculation as set forth in subparts
(b)(i), (ii) and (iii) above except that the Nielsen Ranking Premiums set forth
above in 2(b)(iii) shall be replaced with the following:

      

      
        
          
            
              	
                      Rank

                      (60 minutes)

                    	 	
                      If the Series comprises 60-

                      minute episodes

                    	 	
                      Rank

                      (30 minutes)

                    	 	
                      If the Series comprises 30-

                      minute episodes

                    	 
	 
      	 	 	 	 
      	 	 	 
	
                      1-5

                    	 	$	1,250,000	 	
                      1-10

                    	 	$	800,000	 
	
                      6-10

                    	 	$	875,000	 	
                      11-20

                    	 	$	600,000	 
	
                      11-20

                    	 	$	775,000	 	
                      Below
      20

                    	 	$	125,000	 
	
                      Below
      20

                    	 	$	125,000	 	 
      	 	 	 	 

            

          

        

      

      

      End of
Schedule “C”

      Page 2 of
2

       

      Rev.
6-3-04

      
        
          Contingent
Bonus

           

        

        
          Page 15
of 15

          
            

          

        

        
           

        

      

    

    SILVER
CREEK PICTURES, INC.

    PRODUCER
OR DIRECTOR / LOAN-OUT

    STANDARD
TERMS AND CONDITIONS

    

    of the
Agreement dated as of March 20, 2006, between Silver Creek Pictures, Inc.
(“Silver Creek”) Silver Creek and POW! Entertainment, Inc. ("Lender") for the
producing services of Stan Lee ("Artist") in connection with the project(s) or
production(s) (the "Picture") described therein.

     

    A.   SERVICES

     

    1.   Lender
shall cause Artist to render Artist's services at Silver Creek's studio in
Burbank, California, or at such other place as Silver Creek may designate and at
the times required by Silver Creek, including Sundays, nights and holidays.
Lender shall cause Artist to render Artist's services hereunder and devote
Artist's best talents, efforts, and abilities in accordance with the
instructions, control, and directions of Silver Creek (including those of
creative, artistic, or dramatic taste and judgment). Lender shall cause Artist
to meet or collaborate with persons designated by Silver Creek at such time and
place as Silver Creek may designate. Silver Creek shall have all rights of
approval and control respecting creative, business, and all other elements in
con-nection with the Picture. Artist's services shall be rendered exclusively
for Silver Creek throughout the Term except as may otherwise be provided in this
Agreement.

     

    2.   Throughout
the Term, Lender shall advise Silver Creek's production office of where and how
Artist can be reached at all reasonable hours of the day or night.

     

    3.   In
addition to services provided for herein and custom-arily rendered by directors
or producers engaged in the motion picture industry, Lender shall cause Artist
upon Silver Creek's request to:  assist in the selection of the cast
for the Picture; rehearse the cast; assist in connection with the use of special
effects; consult with Silver Creek's production depart-ment with respect to the
production of the Picture; assist in the preparation of the budget; and perform
any other service incidental to the performance of Artist's services
hereunder.

     

    4.   Lender
shall cause Artist to render Artist's services hereunder at such places as
Silver Creek shall designate during the Term or thereafter in connection with
retakes and added scenes (herein "Retakes") and in connection with all other
post-production services including, but not limited to, trick shots, process
shots, transparencies, foreign versions, trailers, and sound recordings for the
Picture (herein "Post-Production Services").  If, following the Term,
other employment in the motion picture or television industry prevents Lender
from furnishing Artist's services for Retakes or Post-Production Services at the
time requested by Silver Creek, then Lender shall exercise its best efforts to
arrange the schedule for such other employment to enable Artist to render the
services requested by Silver Creek and Lender agrees to notify Silver Creek
within twenty-four (24) hours after Silver Creek requests Artist's Retake or
Post-Production Services of the date and time when Artist will be available to
render such services for Silver Creek.  Artist's services following
the completion of principal photography shall be without additional compensation
except only as may otherwise be required to be paid by the
terms    of any Directors Guild of America Basic Agreement
with Silver Creek which is applicable to Artist's services hereunder (the "DGA
Agreement"), if Artist is the director of the Picture hereunder.

     

    B.    RIGHTS

     

    1.  The
results and product of Artist's services hereunder, including without limitation
any and all material composed, submitted, added, created, or interpolated by
Artist pursuant to this Agreement (the "Work"), in whatever stage of
comple-tion, shall be deemed a work made for hire specially ordered or
commissioned by Silver Creek for use as a part of a motion picture or other
audio visual work and shall automatically become the property of Silver Creek as
the author thereof upon creation, together with all rights therein.

     

    2.  Without
in any manner limiting the generality of the foregoing:

     

     (a)       Silver
Creek shall own, and Lender and Artist hereby acknowledge Silver Creek's
ownership of, all now known or hereafter existing rights of every kind
throughout the universe,     in perpetuity and in all
languages, pertaining to the Work and Picture (including, without limitation,
the copyright therein  and any renewals and extensions thereof) for
all now known or hereafter existing uses, media, and forms, including, without
limitation, all motion picture, literary, dramatic, musical, stage, recording,
mechanical, merchandising, publishing, radio, free or pay television, videotape,
video disc or other video device, sequel, remake, ancillary, and allied rights
in the Work and the Picture, and the foregoing is inclusive of a full assignment
to Silver Creek thereof.

     

     (b)       Silver
Creek shall have the right, but not the obligation, to use, adapt, change, edit,
or revise the Work or Picture or any part thereof or the title thereof and to
combine the same with other material or works and Lender and Artist hereby
expressly waive any so-called "moral rights" of authors in the Work or
Picture.

     

    3.   The
expiration, termination, cancellation, or breach of this Agreement on whatever
grounds and by whomsoever effected shall not affect Silver Creek's exclusive
ownership of the Work or Picture, nor affect any of Silver Creek's rights under
this Agreement, notwithstanding any other provision of this
Agreement.

     

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

     

    C.    NAME AND
LIKENESS

     

    1.   Silver
Creek is hereby granted the exclusive right to issue publicity about, and
photographs of, Artist pertaining to Artist's engagement hereunder and Silver
Creek may answer correspondence addressed to Lender or Artist and may affix to
such publicity, photographs, or answers a representation of Artist's
signature.

     

    2.   Silver
Creek may use Artist's name, photograph, likeness, biographical data, and
recordings of Artist's voice and other sound effects in connection with any of
the following: the production, advertisement, distribution, or exploitation of
the Picture or any motion picture using the Work; Silver Creek's institutional
advertising; publications of or other material based on the Picture; and
so-called "commercial tie-ups" between the Picture and any products or services,
provided that such commercial tie-ups do not constitute an endorsement by Lender
or Artist of such product or services. Listing Artist's name in the credits
relating to the Picture or any motion picture using the Work shall not be deemed
an endorsement. Neither Lender nor Artist shall directly or indirectly issue or
permit the issuance of any publicity or disclose any informa-tion concerning
this Agreement, Artist's services hereunder, the Picture, or Silver Creek's
business or production methods, without Silver Creek's prior written consent;
provided, however, that Lender and Artist shall not be deemed in breach of this
subparagraph C.2 if Artist incidentally and nondisparagingly refers to said
matters during an interview concerned primarily with Artist rather than any of
said matters. Lender shall cause Artist to pose for publicity pictures and
appear for such interviews with such persons as Silver Creek may designate in
connection with publicity and advertising for the Picture without additional
compensation, but subject to Artist's other employment if after the completion
of Artist's services for the Picture.

     

    D.   REPRESENTATIONS,
WARRANTIES AND INDEMNITY

     

    Lender
and Artist hereby represent and warrant and agree to indemnify Silver Creek as
follows:

     

    1.   There
is a valid and subsisting written agreement between Lender and Artist whereby
Artist is obligated to render services exclusively to Lender throughout at least
the full Term set forth in this Agreement.

     

    2.   Lender
is authorized under said written agreement to enter into this Agreement with
Silver Creek, to furnish Artist's ser-vices to Silver Creek, to grant to Silver
Creek the rights herein set forth, and to authorize the payments by Silver Creek
to third parties, if any, specified in this Agreement.  Lender is free
to enter into this Agreement and not subject to any conflicting obligations or
any disability which will or might prevent or interfere with the execution and
performance of this Agreement by Lender or Artist.

     

    3.   Lender
shall fully perform and Lender shall cause Artist to fully perform each and all
of the terms and obligations of this Agreement to be performed by Lender or
Artist.

     

    4.   No
rights of any third party are or will be violated by Lender's or Artist's
entering into or performing this Agree-ment, and neither Lender nor Artist have
made nor shall hereafter make any agreement with any third party which could
interfere with the rights granted to Silver Creek hereunder or the full
performance of Lender's or Artist's obligations or Artist's services
hereunder.

     

    5.   All
of the Work shall be wholly original with Artist and none of the same has been
or will be copied from or based upon any other work.  The
reproduction, exhibition, or any other use of the Work or any of the rights
herein granted  shall not defame any person or entity nor violate any
copyright, right of privacy or publicity, or any other right of any
person  or entity. The warranty in this subparagraph D.5. shall not
apply to any material as furnished to Artist by Silver Creek (unless such
furnished material was written or created by Artist or originally furnished to
Silver Creek by Lender or Artist) or material inserted in the Work by Silver
Creek but shall apply to all material which Artist may add thereto.

     

    6.   That
Lender is, and has been for more than thirty (30) days prior to the date hereof,
a corporation duly organized and existing under the laws of Lender's state or
country of incorporation; that Lender is a bona fide corporate business entity
established for a valid business purpose within the meaning of the tax laws of
the United States and not a mere sham, conduit, or agent for Artist; that, if
Lender was incorporated outside the United States of America, it is not engaged
in any trade or business in the United States and does not have a "permanent
establishment" in the United States  as this term is defined in the
tax treaty between the United States and the country of incorporation: and that
it does not have any agent in the United States who has, or habitually
exercises, general authority to negotiate and conclude contracts on behalf of
Lender.  Lender acknowledges that the foregoing representations and
warranties will be relied upon by Silver Creek for the purpose of determining
whether or not it is necessary to make withholdings for U.S. Federal taxes from
monies being paid to Lender hereunder, and Lender agrees that if withholdings
are not made from said payments, and if thereafter it is determined that such
withholdings were   legally required, Lender and Artist will
indemnify Silver Creek against all loss, costs, damages and expenses relating
thereto. Notwithstanding the foregoing, Silver Creek may make tax withholdings
if it deems it advisable to do so.

     

    7.   Lender
and Artist have not accepted nor paid, nor will Lender or Artist accept or pay
or agree to accept or pay any money, service or other valuable consideration as
defined in Section 507 of the Federal Communications Act of 1934, as amended,
for the inclusion of any matter in the Picture, other than payment by Silver
Creek to Lender hereunder.

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    8.   Lender
and Artist shall indemnify and hold harmless Silver Creek (and its affiliated
companies, successors, assigns, and the directors, officers, employees, agents,
and representatives of the foregoing) from any damage, loss, liability, cost,
penalty, guild fee or award, or expense of any kind (including attorneys fees)
(hereinafter "Liability") arising from any claim, demand, or action inconsistent
with any agreement, warranty, representation, or grant by Lender or Artist in
this Agreement, any other agreement between Lender or Artist and Silver Creek or
between Lender or Artist and a third party, or involving any third party's claim
to an amount payable hereunder. The party receiving notice of such claim, demand
or action shall promptly notify the other party thereof. This indemnity does not
require payment by Silver Creek as a condition precedent to recovery from Lender
or Artist hereunder. Silver Creek may withhold any compensation or payment due
to Lender hereunder to secure Lender's and Artist's payment to Silver Creek of
any Liability under this indemnity and Lender and Artist shall remain obligated
for the full amount of said Liability to the extent  such withheld
compensation or payment is insufficient to satisfy the Liability. If Silver
Creek so elects, Silver Creek shall have absolute right to control the
litigation or resolution of any claim, demand, or action to which this indemnity
applies.

     

    9.   Lender
and Artist acknowledge that Artist's services are of a unique, extraordinary,
and intellectual character, the loss of which cannot be adequately compensated
in damages in an action at law, and therefore Lender and Artist acknowledge that
Silver Creek shall be entitled to injunctive and other equitable relief to
prevent or curtail any breach of this Agreement by Lender or
Artist.

     

    E.    GUILD
MEMBERSHIP

     

    1.   If
Artist is rendering services hereunder as a director, then subparagraphs (a),
(b), and (c) below shall apply.

     

     (a)    This
Agreement and such services shall be sub-ject to the DGA Agreement, and Lender
represents that it is a signatory thereto.  Lender agrees that Artist
is now (or if not, then forthwith upon the execution hereof Artist will
become)   a member in good standing of Directors Guild of
America,  Inc. and that during the entire period when Artist's
services are performed hereunder and to the extent it may be lawful for Silver
Creek to require Artist so to do, Artist will remain or become and remain a
member in good standing of the properly designated labor organization or
organizations (as defined and determined under the applicable law) represent-ing
persons performing services of the type and character that are required to be
performed by Artist hereunder.   If Artist fails or refuses to so
become or remain a member of such Guild or organization in good standing as
required by the terms of Silver Creek's agreement therewith, Silver Creek may
terminate Silver Creek's obligations under this Agreement at any time after such
failure or refusal. If Artist should cease to be a member in good standing of
such Guild or organization by reason of failure to pay any dues or assessments,
and if  Artist should fail to pay such dues or assessments and such
default shall not be cured within five (5) days after written notice from such
Guild or organization, Silver Creek shall have the right, at its election, to
deduct the amount thereof from any compensation then or thereafter payable to
Lender hereunder and to pay such amount to such Guild or organization on behalf
of Artist. Silver Creek shall be entitled to rely upon any facts, figures and
other information furnished by such Guild or organization with respect to any
such failure or default on   the part of Artist and shall not be
liable to Lender or Artist for any payment or overpayment to such Guild or
organization based upon such facts, figures or other information, nor shall
Silver Creek be under any obligation to take any steps whatever to reclaim or
recover such payment or overpayment from such Guild or organization. Nothing
herein contained, however, shall be construed to prevent Artist from taking any
such steps on Artist's own behalf.

     

     (b)    To
the extent that any term of the DGA Agreement is more advantageous to Lender or
Artist than the terms hereof, the terms of the DGA Agreement shall supersede the
less advantageous terms hereof, but said less advantageous terms shall be
limited only to the extent necessary to comply with the minimum mandatory terms
of the DGA Agreement. Any additional compensation payable to Lender or Artist
pursuant to the DGA Agreement shall be paid at the minimum rate permitted
thereby.

     

     (c)     To
the extent that any payment hereunder exceeds applicable DGA Agreement minimums,
then such excess, to the fullest extent not prohibited by the DGA Agreement,
shall be credited against any additional payment required by the DGA Agreement
and shall be deemed payment for any additional services or rights obtainable by
such payment under the DGA Agreement and Silver Creek shall be entitled to the
maximum benefits and rights provided for in the DGA Agreement. All sums payable
hereunder are inclusive of any required sums payable under the DGA Agreement for
Artist's services or any use of the Work or Picture.

     

    2.   If
Silver Creek requires Lender or Artist to become a member of any foreign guild
or labor organization in order for Artist to render services hereunder, then
Silver Creek shall pay the en-trance or initiation fee required by such foreign
guild or labor organization. Lender and Artist shall cooperate with Silver Creek
to obtain any labor permit required by any governmental authority to enable
Lender and Artist to render services in a foreign country. While Silver Creek is
attempting to obtain such labor permit, Silver Creek may suspend Artist's
services hereunder until one (1) week after a final determination by said
govern-mental authority is made concerning such labor permit. Silver Creek may
terminate this Agreement at any time during such suspension or upon Silver
Creek's discovering that the labor permit cannot be obtained, provided that such
termination under this subparagraph E.2. shall not affect Lender's entitlement
to noncontingent cash compensation theretofore earned by Lender.

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    F.     CREDIT

     

     1.  No
credit provisions of this Agreement shall apply to, nor shall the same be
construed to prevent so-called trailer  or other advertising
(including promotional films) on the screen; radio and television, group, list,
"teaser," "directory," narrative form, or special advertising; so-called "award
ads" (including consideration, nominations, or congratulations for an award);
advertising not related primarily to the Picture; Silver Creek's institutional
advertising; advertising of eight (8) column inches or less; posters or stills;
by-products, record album jackets and similar packaging, merchandising products
or commercial tie ups; or publicity or exploitation relating to the Picture, the
story upon which the Picture is based, any members of the cast thereof, the
author, other persons who performed services for the Picture, or similar
matters, without mentioning Artist's name. With respect to any obligation in
this Agreement to accord credit in paid advertising, the references, if any,
herein to the title of the Picture shall be to the so-called "regular" use of
the title as distinguished from any "artwork" use (such as a display or fanciful
use) of the title; and with respect to any obligation to accord
screen  credit in the event of an "artwork" use of the title, Artist
shall receive credit in accordance with such obligation, if any, as to size,
subject to reasonable adjustment if such size of credit is not feasible. All
references to "size" however stated,    whether as a
percentage or otherwise, shall mean height. Except as otherwise specified in
this Agreement, the according of credit and all matters relating to Artist's
credit, such as size, style of type, placement, color, and other
matters,    shall be at Silver Creek's sole
discretion.  No so-called presentation or production credit shall be
deemed granted Artist unless specifically provided in this Agreement, and if so
provided shall apply only to the screen, trade paper advertising, and full page
New York City and Los Angeles newspaper advertising.  No casual or
inadvertent failure to comply with the credit provisions of this Agreement shall
constitute a breach of this Agreement.

     

    2.   If
Artist is rendering services hereunder as the director of the Picture,
subparagraph F.1 shall be subject to the applicable terms of the DGA
Agreement.

     

    G.    ARTIST'S
INCAPACITY OR DEFAULT; FORCE MAJEURE

     

    1.   If
Lender or Artist is prevented from performing here-under by reason of Artist's
accident, illness, mental or physical disability (herein an "Incapacity"), or if
Artist other-wise fails, refuses, or neglects to fully perform Artist's services
or if Lender or Artist fail, refuse, or neglect to fulfill any of Lender's or
Artist's obligations hereunder (herein a "Default"), then Artist's services and
Lender's compensation shall be suspended automatically from the date of such
Incapacity or Default, unless Silver Creek elects otherwise.  Any
statement by Artist or Lender's representative that Lender or Artist will not
comply with Lender's or Artist's obligations hereunder, or Artist's failure to
deliver to Silver Creek within two (2) business days after Silver Creek's
request therefor a written assurance that Lender and Artist will comply with the
terms hereof shall constitute an Incapacity or Default, as the case may be, from
the date of such statement or failure to deliver said assurance.

     

    2.   If
Silver Creek is prevented, materially hampered, or interrupted in the
preparation or production of the Picture or in the operation of Silver Creek's
business by reason of any govern-mental law, action, inaction, ordinance,
regulation, executive or judicial order, judgment or decree, earthquake, flood,
fire, epidemic, accident, explosion, casualty, act of God, lockout, strike,
labor controversy or threat thereof, riot, civil disturbance, boycott, war or
armed conflict (whether or not officially declared), act of a public enemy,
embargo, delay of a common carrier, the inability to obtain sufficient material,
labor, transportation, power or other essential commodity required in the
conduct of Silver Creek's business, or by reason of any other cause of a similar
nature; or by reason of the death, incapacity, or Default of the director
(unless Artist is the director) director of photography or principal member of
the cast of   the Picture; or if for any reason a substantial
group of distributors or exhibitors of Silver Creek's motion pictures cease such
distribution or exhibition for one (1) week or more (any of the foregoing
referred to herein as an "Event of Force Majeure"), then Silver Creek may on
notice suspend Artist's ser-vices and Lender's compensation for the duration of
any Event of Force Majeure.  If, in addition to Artist's services as a
director or producer (as the case may be) hereunder, Lender is obligated to
furnish Artist's services in another capacity to Silver Creek, and Artist is
prevented from performing Artist's services hereunder as a director or producer
(as the case may be) by reason of a strike or other labor controversy, then
Silver Creek may suspend, terminate, or require the continuance of Artist's
services to Silver Creek in said other capacity.

     

    3.   This
Agreement shall continue in full force during any period of suspension except
Artist's services and Lender's compensation shall be suspended. Silver Creek
shall not be deemed to have waived any of Silver Creek's rights hereunder by
making any payment to Lender during any period of suspension, and Silver Creek
may apply such payment against any payment thereafter becoming due to Lender.
Any period of suspension for an Event of Force Majeure shall be deemed to expire
three (3) days after Silver Creek resumes the preparation or production of the
Picture or the operation of Silver Creek's  business in the same
manner as before said Event of Force Majeure; any period of suspension for
Artist's Incapacity shall be deemed to expire three (3) business days, and for
Lender's or Artist's Default seven (7) business days, after Artist reports to
Silver Creek ready, willing, and able to render Artist's services hereunder;
provided, however, that Silver Creek shall compensate Lender as provided herein
for any services rendered at Silver Creek's request during said suspension
period. Silver Creek may, by written notice to Lender or Artist, terminate any
suspension prior to the time herein specified.

     

    4.   Silver
Creek may extend the Term and any option period or other time period specified
herein for a period of time equal to the aggregate length of any period of
suspension or any part thereof or Silver Creek may reduce the Term by a period
of time equal to the aggregate length of any period of suspension hereunder or
any part thereof.  Lender's compensation shall be reduced in
proportion to any such reduction in the Term and no such extension shall entitle
Lender or Artist to additional compensation.

     

    5.   Silver
Creek may terminate this Agreement by written notice to Lender or Artist if
Artist's Incapacity continues for a period of seven (7) aggregate days, or, for
an Event of Force Majeure or Lender's or Artist's Default, immediately or at any
time, including during any period of suspension.     If
Lender or Artist is terminated for Incapacity, Default, or an Event of Force
Majeure, or in the event of Artist's death during the Term, then payment of the
noncontingent cash compensation, if any, theretofore earned by Lender shall be
payment in full of all compensation payable hereunder; provided, however, that
if Lender or Artist is terminated for Default, then Silver Creek may, in
addition to filing appropriate actions against Lender or Artist, withhold and
deduct from compensation or other payments due to Lender hereunder any damage,
loss, or expense (including attorneys fees) caused Silver Creek by Lender's or
Artist's Default and Lender and Artist shall remain liable to Silver Creek for
the full amount of said damage, loss, or expense (including attorneys fees) to
the extent such withheld or deducted compensation or other payment is
insufficient to satisfy said amount.  If Silver Creek terminates
Lender or Artist, then Lender and Artist shall immediately reimburse Silver
Creek for all paid but unearned sums.

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

     

    6.   During
any period of suspension due to Incapacity or Default, neither Lender nor Artist
shall render any services   in the entertainment industry to
others or on Lender's or Artist's behalf.  During any suspension due
to an Event of Force Majeure, if Lender and Artist are not in Default, Lender
may furnish Artist's services to any other person or entity or Artist may render
services on Artist's behalf; provided, that Silver Creek shall have the right to
recall Artist to render services hereunder on two (2) days oral or written
notice, and Lender shall cause Artist to report to Silver Creek to render
services at the expiration of said two (2) days. If Lender or Artist claims that
Artist has an Incapacity, then Silver Creek may have Artist examined by such
physician as Silver Creek may designate, and Lender and Artist may have Artist's
designated physician present at such examination at Lender's and Artist's
expense. Lender agrees that Artist shall not ingest any alcoholic beverage or
drug so as to interfere with Artist's full performance of Artist's services or
Lender's obligations hereunder.  Silver Creek may invoke its rights
under this paragraph G as often as any Event of Force Majeure, Incapacity, or
Default occurs.

     

    7.   If
Artist is rendering services hereunder as the director of the Picture,
subparagraphs G.1 through G.6 shall be subject to the applicable terms of the
DGA Agreement.

     

    H.    MISCELLANEOUS
PROVISIONS

     

    1.   No Obligation

     

    Silver
Creek is not obligated to utilize Artist's services or the Work or any rights
granted to Silver Creek hereunder or to produce or distribute the Picture or any
motion picture using the Work, or, if commenced, to continue the production or
distribution thereof in any territory.  If and to the extent this
Agreement provides circumstances under which Lender shall become entitled to
compensation in lieu of Silver Creek requiring services to be performed by
Lender or Artist hereunder, Silver Creek's obligations under this Agreement
shall be deemed fully performed by payment to Lender of the noncontingent cash
compensa-tion as so provided in this Agreement, subject to Silver Creek's rights
of suspension, extension, and termination.

     

    2.   Third Party
Agreements

     

    Lender
and Artist shall not make any commitment or agreement whereby Silver Creek is
required to pay any consideration to any third party without first obtaining
Silver Creek's express written consent.

     

    3.   Illegal Acts

     

    Nothing
contained in this Agreement shall be construed to require any act contrary to
law. To the extent that any term of this Agreement conflicts with any law, then
the latter shall prevail, and the conflicting term of this Agreement shall be
limited only to the extent necessary to comply with said law. The terms of this
Agreement are severable, and the invalidity of any term in this Agreement shall
not affect the validity of any other term.

     

    4.   Agent's Fees;
Deductions

     

    Lender
authorizes Silver Creek to deduct and withhold from Lender's compensation any
amounts required by any applicable law. Silver Creek shall not be liable for any
compensation payable to any agent of Lender or Artist in connection with this
Agreement.   Lender authorizes Silver Creek to deduct from
Lender's compensation any telephone, meal, or other expen-ses or fixed
indebtedness owed by Lender or Artist to Silver Creek.

     

    5.   Assignment

     

    Silver
Creek may sell, grant, license, assign, or otherwise transfer Silver Creek's
rights under this Agreement and
this Agree-ment shall inure to the benefit of Silver Creek's successors,
licensees, or assigns. No obligation of Lender or Artist hereunder may be
assigned or delegated to any third party.

     

    6.   Team

     

    If more
than one employee (or an employee loan-out company) are parties to this
Agreement (or are performing services as a team pursuant to separate
corresponding agreements) in producing capacities, then the term "Lender" shall
refer to each and all of said companies and the term "Artist" shall refer to
each and all of said employees.  Fur-ther, said companies and
employees represent and warrant that prior to the date hereof each of them
agreed that the employees shall collaborate as a team for the producing services
to be rendered hereunder, that all compensation specified in this Agreement
shall be the combined total for the team, and that the Work and Picture shall
result from the team's combined services.  All of the agreements,
warranties, representations, obligations, and rights granted herein shall be
deemed to have been jointly and severally made by each and all such companies
and employees and each and all such companies and employees shall be jointly and
severally bound thereby. All Silver Creek's rights are exercisable against each
and all of the companies and employees jointly and severally. If Silver Creek
terminates or suspends (or in the event of death of) any employee in the team,
then Silver Creek also may terminate or suspend any other or all of the
employees constituting the team and the compensation otherwise due such
employees or their respective companies.   If Silver Creek
exercises its rights of suspension or termination only as to a particular
company or employee, then the employment and compensation of the other employee
or companies shall continue and Silver Creek shall compensate the employees or
their companies who continue to render services hereunder for a proportionate
amount of the compensation otherwise due until such time, if any, as Silver
Creek exercises its suspension or termination rights with respect to all the
companies or employees.

     

    7.   Waiver

     

    No waiver
by Lender, Artist, or Silver Creek of any failure by the other party to fulfill
any term hereof shall be deemed a waiver of any preceding or succeeding breach
or nonfulfill-ment of the same or of any other term hereof.

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

     

    8.   Headings

     

    Headings
contained herein are for reference only and shall not be given any legal
effect.

     

    9.   Prior Agreements

     

    This
Agreement constitutes the entire agreement between Silver Creek and Lender and
Artist and supersedes all prior written or oral agreements pertaining hereto,
and cannot be modified except by a writing signed by Lender and Artist and
Silver Creek.  Lender and Artist acknowledge that neither Lender nor
Artist have executed this Agreement in reliance on any representations not
contained herein and have had the opportunity to consult with counsel regarding
the Agreement.

     

    10. Choice of Law, Venue, and Service of
Process

     

    This
Agreement shall be construed and enforced in accordance with the laws of the
State of California governing contracts to be wholly performed in California.
This Agree-ment shall be deemed executed at Burbank, California, regard-less of
the actual place of execution. Nothing in this Agreement shall be construed as
creating a third party beneficiary agreement.  Silver Creek may and
Lender and Artist shall file any court proceeding in connection with this
Agreement in an appropriate Federal or State court located in the County of Los
Angeles, California. Lender and Artist consent that Lender and Artist shall be
deemed personally served in connection with any court proceeding filed by Silver
Creek upon service by certified mail of the appropriate pleading or order to the
address designated for service of notices; provided, however, that Lender and
Artist also may be served by any other means permitted by law.

     

    11. Rights Cumulative; Limitation of
Remedies

     

     (a)     Except
as limited by subparagraphs H.10 and H.11(b) hereof, each and all of the several
rights and remedies provided for in this Agreement shall be cumulative, and no
one of them shall be deemed exclusive of the others or of any right or remedy
allowed by law or equity.

     

     (b)     Lender's
and Artist's sole and exclusive remedy for Silver Creek's breach, termination,
or cancellation of this Agreement or any provision hereof (including any
provision pertain-ing to credit) shall be an action for damages and Lender and
Artist irrevocably waive any right to equitable or injunctive
relief.

     

    12. Further Documents

     

    Lender
shall and Lender shall cause Artist to execute, acknowledge, verify, and deliver
to Silver Creek any further documents pertaining to the Work which Silver Creek
may request and in the form Silver Creek may prescribe; provided, however, that
Lender's or Artist's failure or refusal to do so shall not affect any of Silver
Creek's rights in the Work or Picture.  Lender and Artist hereby
irrevocably appoint Silver Creek, whose power is coupled with an interest, as
Lender's and Artist's attorney-in-fact to execute any such other documents in
Lender's and Artist's name and on Lender's and Artist's behalf and to institute
and prosecute such proceedings as Silver Creek may deem expedient to secure,
protect, or enforce the rights Silver Creek is acquiring hereunder. Silver Creek
may sue in its own name or may use the name of Lender or Artist, or may join
Lender or   Artist as party plaintiff or defendant in any such
suit or proceeding.

     

    13. Date

     

    This
Agreement shall be deemed executed as of the date specified in the introductory
clause hereof, regardless of the actual date of execution.

     

    14. Music

     

    Lender
and Artist shall not use any music (or any arrangement or orchestration thereof)
in the Picture unless prior written approval and notice that such material has
been cleared for such use has been obtained from Silver Creek.

     

    15. Insurance

     

    Silver
Creek may secure, in Silver Creek's name or otherwise, and at Silver Creek's
expense, life, health, accident, cast, pre-production and other insurance
covering Artist, or Artist and others; and neither Lender nor Artist shall have
any right, title or interest in or to such insurance or benefits payable
thereunder. Lender shall cause Artist to assist Silver Creek in procuring such
insurance by submitting to usual and customary medical and other examinations,
and by signing such applications and other instruments in writing as may be
reasonably required by the insurance companies to which application is made for
such insurance. In the event any such examination establishes a substantial
doubt as to Artist's physical ability to complete Artist's services hereunder or
if Artist fails to appear for such examination at the time and place designated
by Silver Creek, Silver Creek may terminate this Agreement; and, moreover, in
the event cast insurance covering Artist cannot be obtained for normal premiums
and without substantial exclusions, Silver Creek may terminate this
Agreement.   Lender agrees that from the date twenty-one (21)
days before the start date until completion of all services required of Artist
hereunder, Artist will not ride in any aircraft other than as a passenger on an
airliner flown by a United States or major international air carrier maintaining
regularly published schedules, or engage in any extra-hazardous activity without
Silver Creek's written consent in each and every case.

     

    16. Payments

     

    All
payments to be made to Lender hereunder are subject to the full and faithful
performance and observance  by Lender and Artist of Artist's services
and the other obligations of Artist and Lender hereunder. If for any reason
whatever Silver Creek fails to make any payment as herein provided, then Silver
Creek shall not be deemed in default hereunder unless and until following such
failure Lender shall have given Silver Creek written notice demanding such
payment and Silver Creek shall have failed to make such payment within five (5)
business days after Silver Creek's receipt of said notice. In any event Silver
Creek's liability for any such default and Lender's and Artist's rights and
remedies therefor shall be limited to the recovery of money only, not exceeding
the amount of such payment, and in no event shall any of the rights acquired or
to be acquired by Silver Creek hereunder be affected or impaired.

     

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

     

    17. Agreement

     

    The
"Agreement" means the agreement in which refer-ence is made to additional or
standard terms for the engagement of Artist in a producing or directing
capacity, and identified in the introductory clause hereof, including the within
terms and conditions and any other schedules, attachments and exhibits
(including the Inducement) thereto.

     

    END
OF STANDARD TERMS AND CONDITIONS

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

    TOUCHSTONE
TELEVISION PRODUCTIONS, LLC

    STANDARD
TERMS AND CONDITIONS – FOR TELEVISION PRODUCTIONS

    

    A.       
  Definitions.  As
used in this Agreement:

    

    (1)        “person”
means any natural person, firm, corporation, partnership, joint venture,
association or other entity.

    

    (2)        “television”
means all forms of television, whether analog or digital, now known or
hereinafter devised, including without limitation free, commercial,
“over-the-air” subscription, direct satellite, microwave, basic and pay cable
(or other wire), pay television, internet (or similar technologies),
“webcasting,” home video and any other media, whether now known or hereinafter
devised, intended primarily for home use (but which need not necessarily be
located in the home) and/or to replace and/or supplement
television.

    

    (3)        “Artist’s
likeness” means and includes Artist’s name, actual or simulated likeness,
photograph, non-photographic artistic rendering, sobriquet, voice, biography,
personal characteristics, signature and other personal
identification.

    

    (4)        “Picture”
means a television motion picture, movie-for-television, television pilot,
presentation or pilotation, or any other television program, if any, for which
Artist is employed to render services under this Agreement.  The term
“Series” means an episodic television series, if any, for which Artist is
employed to render services under this Agreement.  If this Agreement
provides for Artist to render services on the Picture on which the Series is
substantially based, Artist’s employment in connection with the Picture will be
deemed separate and distinct from Artist’s employment in connection with the
Series or any episode(s) of the Series.  Any reference in this
Agreement to the “Series” or to “any episode of the Series” will be deemed also
to refer and apply (unless specifically excluded) to the Picture.

    

    (5)        “sponsor”
means any then-current sponsor of the Series or of any episode of the Series and
will also include any future sponsor with whom there exists a binding commitment
or option for such sponsorship.

    

    (6)        “First
Contract Year” means the period of time commencing on the first day upon which
Artist renders services under this Agreement in connection with an episode of
the Series (other than the Picture) and continuing through the following June 30
of the calendar year specified for that purpose in the Agreement to which this
Exhibit A is incorporated and made a part of the Agreement.  Each
subsequent “Contract Year” will be the twelve (12)-month period commencing upon
the expiration of the preceding Contract Year; provided, however, that
Touchstone will have the right, in its sole discretion, to accelerate
commencement of the Second or any subsequent Contract Year to any date during
the preceding Contract Year (and terminating said preceding Contract Year on the
day before said date) and/or to extend the termination date of any Contract Year
if such extension is for the purpose of completing the applicable network order
for production of episodes of the Series during such Contract
Year.  Any accelerated Contract Year will continue until the date upon
which such Contract Year would terminate under this Agreement in the absence of
such acceleration unless extended pursuant to any provision of this
Agreement.  Extension of any Contract Year will delay the commencement
and, at Touchstone’s election, the termination of any succeeding Contract Year
by a period lesser than, or, in Touchstone’s sole discretion, equal to the
period of such extension and will also extend the date(s) for Touchstone’s
exercise of any option by a period equal to the period of such
extension.  Touchstone’s right to extend any Contract Year pursuant to
this subparagraph A(6) will not limit any other right of extension provided to
Touchstone under this Agreement.

    

    
      	
              TOUCHSTONE
      – STC/NPA (6/1/05)

            	
              STC-TV

            	
              1
      of 19

            

      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

    (7)        “Material”
means any and all literary, dramatic and musical material including without
limitation writings, written dialogue, ideas, plots, outlines, stories or parts
of the foregoing, teleplays, scripts, sketches, drafts, redrafts, revisions,
treatments, formats, narrations, adaptations, routines, music, lyrics, gags and
titles and subtitles, composed, prepared, conceived, submitted, added, created
or interpolated by Artist, in whatever stage of completion.

    

    B.          Exclusivity.

    

    (1)        Unless
specifically stated otherwise in this Agreement, during the period following
completion of Artist’s services for the Picture and prior to commencement of the
First Contract Year, if applicable, Artist will not be deemed to be rendering
services to Touchstone under this Agreement.  If this Agreement grants
Touchstone an option to employ Artist to render Artist’s services for the First
Contract Year, then during the period of time from the date of this Agreement
until the date of Touchstone’s exercise, if any, of such option, Artist may
(except for any period when Artist may be employed by Touchstone to render
services in connection with the Picture and/or writing the script, if
applicable) render services in any field or medium to any person or on Artist’s
own behalf, and to accept other employment, so long as Artist’s services in
connection with such employment do not conflict in any manner whatsoever with
Artist’s services under this Agreement or with the rights granted to Touchstone
under this Agreement, and provided that each of Artist’s commitments for the
rendition of such services to any other person or on Artist’s own behalf will be
made expressly subject and subordinate to all of the terms and conditions of
this Agreement and to Artist’s obligations to Touchstone under this
Agreement.  Artist will notify Touchstone of any such
employment.

    

    (2)        At
all times during the Term when any episode of the Series for which Artist is
employed to render services is in preproduction, production or postproduction
(including production hiatus periods), or when Artist is otherwise required by
Touchstone to render services under this Agreement, or when Artist is being
compensated by Touchstone on a weekly, episodic or other periodic basis, Artist
will render services exclusively to Touchstone and will not render any services
whatsoever to any other person, or on Artist’s own behalf.  During any
other period of the Term, Artist may render services to any other person or on
Artist’s own behalf, provided that (a) prior to any such rendition of
services to any other person or on Artist’s own behalf, Artist will notify
Touchstone and will consult with Touchstone with respect to such proposed
services, (b) Artist will not render any services to any other person or on
Artist’s own behalf, or grant any services in any field or medium whatsoever, or
otherwise enter into any agreement or commitment, that will or might conflict
with the rendition of Artist’s services under this Agreement or with the rights
granted to Touchstone under this Agreement, and (c) each of Artist’s
commitments to any other person or on Artist’s own behalf for the rendition of
Artist’s services permitted under this Agreement will be made expressly subject
and subordinate to all of the terms and conditions of this Agreement and
Artist’s obligations to Touchstone.  Notwithstanding anything else
contained in this Agreement, Artist’s exclusivity obligations to Touchstone
under this paragraph B shall exist whether or not Touchstone exercises its “pay”
right pursuant to paragraph G below.

    

    
      	
              TOUCHSTONE
      – STC/NPA (6/1/05)

            	
              STC-TV

            	
              2 of
      19

            

      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

    C.           Artist’s
Services.  

    

    (1)        Artist
agrees to render services under this Agreement as, when and where required by
Touchstone, all of which services will be rendered conscientiously to the full
extent of Artist’s ability and subject in all respects to the supervision,
control and direction of Touchstone.  Artist agrees that Touchstone’s
judgment will be final and controlling in all matters, including without
limitation matters of artistic taste and judgment and all creative, business and
all other elements, including in connection with the Series and all elements of
the Series.  Subject to the provisions of subparagraph C(2) below, the
services to be rendered by Artist under this Agreement will include, as
designated by Touchstone in its sole discretion and without any additional
compensation, all preproduction, production, postproduction and publicity
services customarily rendered by persons employed in the same capacity or in a
similar capacity in the television industry including without limitation
assisting in the direction and control of production and editing activities, the
choice of stories and literary materials, the preparation of teleplays, the
preparation of budgets and production schedules, the selection of cast members
and production employees, assisting in connection with commercials for any
sponsor of the Series, composition of songs, writing of lyrics and adaptation of
musical numbers.  No additional compensation will become payable to
Artist under this Agreement by reason of Artist’s rendition of any services
provided for under this Agreement at night, on Sundays or holidays, after the
expiration of any particular number of hours of service during any one day, any
particular number of days of service during any week, or any particular number
of weeks during the Term, or otherwise, except as may be required under any
applicable collective bargaining agreement.  Touchstone will not be
deemed to have waived the right to require Artist to render any services under
this Agreement by having previously assigned Artist to any particular duties or
services.  The commencement date of Artist’s services in one (1)
episode of the Series may overlap with dates of Artist’s services in one (1) or
more other such episodes, and Touchstone may also fix the same commencement date
for any group of such episodes.  Artist agrees to keep Touchstone
advised of Artist’s whereabouts and telephone number.

    

    (2)        Unless
Artist is employed under this Agreement to render writing services or under a
separate written agreement between Touchstone and Artist pertaining to writing
services or Artist is otherwise required to render writing services in
connection with Artist’s employment under this Agreement, Artist will not render
any writing services that would subject Artist and/or Touchstone to the
provisions of the Writers Guild of America 2001 Theatrical and Television Basic
Agreement (as such may be supplemented or amended from time to time) (the “WGA
Agreement”).

    

    (3)        If
Artist renders writing services pursuant to this Agreement or a separate written
agreement between Touchstone and Artist, or Artist is otherwise required to
render writing services under this Agreement, such writing services will include
without limitation the writing, composition, preparation and revision of the
Material as and when required by Touchstone.  Artist will show or
deliver to Touchstone when requested by Touchstone all of the Material written
by Artist and will meet and collaborate with any other writer and/or other
person assigned or designated by Touchstone at such times and places as
Touchstone may designate to work on the Series or any episode.  The
Material, as delivered to Touchstone, shall be full and complete in substance
and in form and shall conform in all respects to the requirements of this
Agreement and the directions of Touchstone.  Artist agrees to execute
and deliver to Touchstone if and when requested by Touchstone a certification of
writing the Material (or any part of the Material) in the form of an Artist’s
Certificate and Assignment as prescribed by Touchstone.

    

    
      	
              TOUCHSTONE
      – STC/NPA (6/1/05)

            	
              STC-TV

            	
              3
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    (4)        In
the event that the Material furnished by Artist under this Agreement is subject
to the provisions of Article 16.B. of the WGA Agreement and Touchstone has not
purchased from Artist the Separated Rights in the Material in a separate
negotiation memorialized in a Separation of Rights Agreement, then the following
shall apply:

    

    (a)        Artist
understands and agrees that the rights specified in Article 16.B.3. of the WGA
Agreement are among the rights acquired or to be acquired by Touchstone under
this Agreement with respect to such Material.  Accordingly, should it
be finally determined that Artist is entitled to separation of rights with
respect to such Material and Touchstone has not exercised the option provided
for in subparagraph 4(b) below, or Touchstone has exercised such option but the
exercise of such option and/or the provisions of any Separation of Rights
Agreement is/are for any reason ineffective to transfer the rights sought to be
transferred by such agreement, then upon the occurrence of the event(s) giving
rise to a monetary obligation as measured by the applicable provisions of
Article 16.B.3. (or in the event Touchstone has exercised the option provided
for in subparagraph 4(b) below and any attempted transfer pursuant to the option
is finally determined to be ineffective to transfer the rights, and/or the
provision(s) of any separation of rights agreement is/are for any reason
ineffective to transfer the rights sought to be transferred by such agreement,
then at such time following the occurrence of the relevant event(s) specified in
Article 16.B.3. as such final determination of the ineffectiveness of such
transfer is made), then Touchstone and Artist will be deemed to have negotiated
in good faith with respect to Touchstone’s acquisition of all the rights of
Artist in such Material specified in Article 16.B.3 and Touchstone will be
deemed to have acquired exclusively all of such rights and, in consideration for
such rights, will pay to Artist and Artist will accept:

    

    (i)        for
theatrical motion picture, remake and sequel rights, the applicable minimum
amounts required by the WGA Agreement;

    

    (ii)       for
publication rights, the applicable minimum amounts required by the WGA
Agreement;

    

    (iii)      for
merchandising rights, the applicable minimum amounts required by the WGA
Agreement; and

    

    (iv)      for
interactive rights, the applicable minimum amounts required by the WGA
Agreement.

    

    There
will be no crediting of the compensation payable under the Agreement against the
payments described in subparts 4(a)(i), 4(a)(ii), 4(a)(iii) and 4(a)(iv)
above.

    

    (b)        In
the event, however, that it is contemplated that the writing services rendered
by Artist under this Agreement are such that separated rights will or may attach
to such Material in accordance with the provisions of Article 16.B. of the WGA
Agreement, then, if Touchstone should desire to purchase all rights reserved or
otherwise retained by the Artist, then with respect to such Material pursuant to
Article 16.B. of the WGA Agreement (including, without limitation the rights
specified in 4(a) above), such separate negotiation and purchase will be
conducted with Artist and/or Artist’s representative subsequent to an agreement
to pay the applicable minimum upset price set forth in Article 16.B. of the WGA
Agreement.  That negotiation will be memorialized in the separate
Separation of Rights Agreement entered into between Artist and Touchstone at the
conclusion of that negotiation and purchase.

    

    
      	
              TOUCHSTONE
      – STC/NPA (6/1/05)

            	
              STC-TV

            	
              4 of
      19

            

      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

    (c)        Except
as expressly provided to the contrary in subparagraph 4(a) above, Touchstone
may, if and to the extent permissible under the WGA Agreement, credit any and
all sums paid or payable to Artist pursuant to the Agreement against any and all
amounts (other than the amounts agreed to in the Separation of Rights Agreement
referred to in subparagraph 4(b) above) due Artist pursuant to Article 16 by
reason of Artist’s entitlement to Separation of Rights, including without
limitation the minimum sequel payments required under Article 16.B.

    

    (d)        If
Article 16.A. of the WGA Agreement is applicable, then Touchstone’s rights shall
include all rights not required by Article 16.A. to be exclusively licensed back
to Artist.

    

    D.           Credit.  Except
as expressly provided in the Agreement, all matters relating to credit including
without limitation the style, size, color, placement and form or nature of the
credit, shall be determined by Touchstone in its sole discretion and subject to
applicable network approvals, policies, regulations and
restrictions.  Nothing contained in this Agreement will obligate
Touchstone to accord Artist credit other than as expressly provided in the
Agreement.  No casual, inadvertent or unintentional failure to comply
with any provisions of this Paragraph D or the provisions of the Agreement
relating to credit (by reason of shortage of time or otherwise), nor any failure
by any third party to comply with such provisions, will constitute a breach by
Touchstone of this Agreement.  If contingent or other compensation is
payable on the condition that Artist is accorded a particular credit, then the
determination as to the credit accorded Artist shall be
made:  (1) in the notice of tentative credits, if said tentative
credits become final, or (2) by credit arbitration under the applicable
collective bargaining agreement.  Determination of Artist’s credit by
agreement among Artist and others involved in the Series shall not be binding on
Touchstone in determining whether such contingent or other compensation shall be
payable.  

    

    E.           Manner of Production and
Ownership of Series.

    

    (1)        Touchstone
may produce the Series and any episode of the Series in whatever manner it
chooses, including without limitation recording by means of motion picture
camera, tape or other electronic device or for live broadcast and may from time
to time change from one manner of production to another, including, without
limitation, within episodes.  Artist agrees, acknowledges and accepts
that any motion picture or other work which may be produced which is based on
the results and proceeds of Artist’s services under this Agreement (including
without limitation the Series) may contain variations, alterations, and/or
adaptations of such results and proceeds and Touchstone will have the right, in
Touchstone’s sole discretion, freely to produce, cut, edit, add to, interpolate,
subtract and omit from, arrange, rearrange, adapt, change, colorize, vary,
transform and revise in any manner the Material and such results and proceeds
and any element(s) of the foregoing, including without limitation any character,
language, plot, theme or scene as Touchstone, in its sole discretion, deems
advisable.  To the full extent permitted by applicable law, Artist
irrevocably assigns to Touchstone (or irrevocably waives, in the event
assignment is not permissible) any and all benefits of any provision of law
known as “droit moral,” “moral rights,” or any similar law in any and all
countries of the world.  Without limiting the foregoing, Artist agrees
not to institute, support, maintain, or authorize any action or lawsuit based,
in whole or in part, on any purported violation of any such law, including
without limitation any action or lawsuit brought on the ground that any motion
picture, sound recording, or other work produced under this Agreement in any way
constitutes a violation of Artist’s moral rights or constitutes a defamation or
mutilation of the results and proceeds of Artist’s services under this Agreement
and/or the Series, or any part of the foregoing, or contains any unauthorized
variation, alteration, modification, change, or translation of the results and
proceeds of Artist’s services under this Agreement and/or the
Series.  Touchstone will at all times have complete control over the
production of the Series and any episode of the foregoing including without
limitation the right to hire, fire, replace or otherwise deal with all personnel
employed in connection with the Series, such as members of the cast, the
executive producer, the producer, writer, director, wardrobe and any other
personnel.  Touchstone may schedule, produce and exhibit as many
episodes as Touchstone desires as part of one story such as a “two or three
part” script utilizing two or more episodes of the Series to tell one or more
stories and may exhibit such two or more parts together or separately on
television, in motion picture theaters or otherwise.

    

    
      	
              TOUCHSTONE
      – STC/NPA (6/1/05)

            	
              STC-TV

            	
              5 of
      19

            

      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

    (2)        As
between Touchstone and Artist, the Series and any episode of the Series and all
Material pertaining to the foregoing (which will include all material owned and
controlled by Artist which is incorporated or used in connection with the
Series), all results and proceeds of Artist’s services under this Agreement
(which Artist acknowledges may have been and/or will be rendered under this
Agreement in collaboration with others) and all copyrights pertaining to the
foregoing and extensions and renewals of the foregoing, are and will be the sole
and exclusive property of Touchstone in perpetuity and in all languages
throughout the universe and will constitute “works-made-for-hire” specially
ordered or commissioned by Touchstone.  To the extent such results and
proceeds may ever be determined by a court of competent jurisdiction not to be a
“work-made-for-hire,” Artist hereby irrevocably and exclusively assigns and/or
grants to Touchstone, in consideration for the compensation provided under this
Agreement, all right, title and interest to the foregoing including without
limitation all exclusive exploitation rights and copyright and associated rights
in the foregoing and all extensions and renewals of the foregoing throughout the
universe in perpetuity.  As between Touchstone and Artist, Touchstone
will exclusively own all now known or hereafter existing rights of every kind
throughout the universe, in perpetuity and in all languages, pertaining to the
Series or any portion or element of the foregoing (either alone or combined with
other material), and any sequel, prequel, remake or spin-off of the foregoing,
including without limitation the copyrights therein and any renewals or
extensions of the foregoing, for all now known or hereafter existing uses,
media, forms, means and methods including without limitation all television
(including without limitation digitalized television), motion picture, literary,
dramatic, musical, stage play, theme park, publishing, merchandising, recording,
mechanical, radio, video cassette and video and laser disc, video and computer
games, any computer-assisted media (including without limitation CD-ROM, CD-I
and similar disc systems, interactive media, Internet media and multi-media and
any other devices and/or methods now existing or hereafter devised), and all
allied, ancillary and subsidiary rights and uses of the foregoing, and the
foregoing is inclusive of a full assignment to Touchstone of the
foregoing.  Without limiting the foregoing, Artist and Touchstone are
aware and acknowledge that new rights to the results and proceeds of Artist’s
services under this Agreement may come into being and/or be recognized in the
future, under law and/or in equity (collectively the “New Exploitation Rights”),
and Artist intends to and does assign, grant and convey to Touchstone any and
all such New Exploitation Rights in and to such results and
proceeds.  Artist and Touchstone are also aware and do acknowledge
that new (and/or changed) technology, uses, media, formats, modes of
transmission, and methods of distribution, dissemination, exhibition or
performance (collectively the “New Exploitation Methods”) are being and will
inevitably continue to be developed in the future, which would offer new
opportunities for exploiting such results and proceeds.  Artist
intends and does assign, grant, and convey to Touchstone any and all rights to
such New Exploitation Methods with respect to such results and
proceeds.  Artist agrees to execute and deliver to Touchstone any and
all documents Touchstone deems in its interest to confirm the existence of the
preceding assignment, grant and conveyance and to effectuate Artist’s purpose to
assign, grant and convey such rights to Touchstone, including without limitation
the New Exploitation Rights and any and all rights to the New Exploitation
Methods.  Artist further agrees that Artist will not seek to challenge
through the courts, administrative governmental bodies, private organizations,
or in any other manner the rights of Touchstone to exploit Artist’s results and
proceeds under this Agreement by any means whatsoever or to thwart, hinder or
subvert the intent of the preceding assignments, grants and conveyances to
Touchstone and/or the collection by Touchstone of any proceeds relating to the
rights conveyed under this Agreement.  Touchstone shall have the
right, without additional compensation to Artist, to (a) use and grant
others the right to use the Series or any portion of the foregoing, as a part
of, or otherwise in connection with, any other television program or series;
(b) use and reuse any portion of the Series in or as a trailer or spot
advertisement in any medium to advertise, promote or publicize the Series or any
other program or series of which any episode may be a part; and (c) combine
any episode of the Series, or any portion of the foregoing, with any other
episode of the Series or with any other television program or with any other
material of any nature whatsoever and may exhibit such combinations on
television, motion picture theaters and/or all other now known or hereafter
existing uses, media, forms, means and methods.  All rights granted or
agreed to be granted to Touchstone under this Agreement will vest in Touchstone
immediately and irrevocably and will remain perpetually vested in Touchstone,
its successors or assigns, whether this Agreement expires in its normal course
or is terminated for any reason whatsoever.  Touchstone or any other
person may conduct audience tests with respect to the Series or any episode of
the foregoing, and Artist agrees that no compensation will be payable to Artist
in connection with such tests.  Without limiting the generality of the
foregoing, Touchstone may produce and license the Series or any episode of the
foregoing for initial broadcast on a network basis, in syndication or
otherwise.

    

    
      	
              TOUCHSTONE
      – STC/NPA (6/1/05)

            	
              STC-TV

            	
              6 of
      19

            

      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

    F.           Likeness.

    

    (1)        Touchstone
will have the irrevocable and exclusive right in perpetuity throughout the
universe to use and to grant others the right to use Artist’s likeness, without
payment of additional compensation, in and in connection with the following
uses:

    

      (a)        Advertising,
promoting, publicizing or otherwise exploiting Artist’s services under this
Agreement, the Series or any episode of the Series (including without limitation
any title of the foregoing), any other series of which any such episode may be a
part, and any rights granted to Touchstone under this Agreement; and any such
use of Artist’s likeness may be used in or in connection with any episode of the
Series for which Artist did not render services, including without limitation in
any billing, credits or advertising of such episode.

    
 

      (b)        Advertising,
promoting, publicizing or otherwise exploiting the name, product or services of
Touchstone and any network or station over which the Series or any episode of
the Series is telecast.

    

      (c)        Advertising,
promoting, publicizing or otherwise exploiting the music or recordings written
for and/or performed in the Series and/or any episode of the
Series.

    

      (d)        Advertising,
promoting, publicizing or otherwise exploiting any literary materials derived
from or related to the Series or any episode thereof.

    

    
      	
              TOUCHSTONE
      – STC/NPA (6/1/05)

            	
              STC-TV

            	
              7
      of 19

            

      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

    (2)        Whenever
Artist is rendering or is obligated to render services under this Agreement, and
thereafter at such time or times as Touchstone may require, Artist will, if, as
and to the extent required by Touchstone, cooperate with Touchstone in such
manner as Touchstone deems necessary or desirable for the purpose of
advertising, promoting, publicizing or otherwise exploiting the Series and any
episode of the Series, any network, broadcaster, exhibitor or sponsor of the
Series, the products or services of any such network, broadcaster, exhibitor or
sponsor, or any rights granted to Touchstone under this Agreement, including
without limitation posing for publicity pictures and appearing for such
interviews with such persons as Touchstone may designate in connection with
advertising, promoting, publicizing and exploiting the Series without additional
compensation.

    

    G.           No Obligation To Produce Or
Release; Definition of “Pay-or-Play.”  Notwithstanding any
other provision of this Agreement, Artist’s employment under this Agreement is
on a pay-or-play basis and Touchstone will have no obligation actually to
utilize Artist’s services or any of the results and proceeds of the foregoing or
to produce, distribute or otherwise exploit the Series or any of the rights
granted to Touchstone under this Agreement.  Touchstone’s obligations
to Artist under this Agreement will be fully performed by the payment to Artist
of the applicable noncontingent basic compensation provided for in this
Agreement with respect to any episode of the Series or working weeks, as the
case may be, for which Touchstone has guaranteed Artist compensation under this
Agreement, subject to all of Touchstone’s rights under this Agreement, including
without limitation Touchstone’s rights under Paragraph L
below.  

    

    H.           Publishing.  

    

    (1)        If
Artist intends to publish or have published a literary property (“Property”)
during the Term, then Artist will promptly submit a written offer solely to
Touchstone for publication of the Property.  Artist will then
negotiate in good faith solely with Touchstone for a period of thirty (30)
business days from the date of Touchstone’s receipt of such offer.  If
the parties do not reach an agreement, then Artist may make an agreement with a
third party for publication of the Property (a “Publishing Agreement”), subject
to Touchstone’s rights set forth below under subparagraph H(2).

    

    (2)        Artist
will not enter into a Publishing Agreement without first offering to enter into
the same agreement with Touchstone, except that Touchstone need not meet any
non-monetary terms of such agreement that are not as readily capable of being
performed by one person or entity as another.  Artist will notify
Touchstone in writing of the terms of any Publishing Agreement that Artist
desires to accept.  Touchstone will have fifteen (15) business days
from the receipt of such notice to notify Artist that Touchstone will enter into
an agreement with Artist upon such terms.  If Touchstone fails to
notify Artist, then Artist may enter into a Publishing Agreement upon the terms
set forth in the aforesaid notice to Touchstone; provided, however, that any
change in such terms will require Artist first to offer the modified terms to
Touchstone pursuant to this Paragraph H.  If Artist fails to enter
into such Publishing Agreement within thirty (30) days after the expiration of
the aforesaid fifteen (15) business-day period, Touchstone’s right of first
refusal hereunder will be applicable each subsequent time Artist seeks to enter
into a Publishing Agreement.  If Artist enters into a Publishing
Agreement, then Artist will promptly notify Touchstone in writing of such
agreement’s terms and conditions.

    
      

      
        	
                TOUCHSTONE
      – STC/NPA (6/1/05)

              	
                STC-TV

              	
                8
      of 19

              

        
          
             

          

          
             

            
              

            

          

          
             

          

        

    

    I.            Mail.  Touchstone,
any network or station which is or was licensed to broadcast the Series, and any
sponsor, may open and answer mail addressed to Artist which is delivered to
Touchstone or any such network, station or sponsor in connection with the
Series, any episode of the Series and/or any services rendered by Artist under
this Agreement; provided, however, that Touchstone agrees to use reasonable
efforts to deliver to Artist any personal, as distinguished from fan, mail that
is actually received by Touchstone, but Touchstone’s failure to do so will in no
case be deemed a breach of this Agreement by Touchstone, and no liability
whatsoever will attach to Touchstone for failure to deliver to Artist any such
personal mail.  

    

    J.            Artist’s Representations and
Warranties.  Artist represents, warrants and agrees
that:  

    

    (1)        Artist
is free to enter into this Agreement and no rights of any third parties are or
will be violated by Artist entering into or performing this
Agreement.  Artist is not subject to any conflicting obligation or any
disability, and Artist has not made and will not hereafter make any agreement
with any third party which could interfere with the rights granted to Touchstone
under this Agreement or the full performance of Artist’s obligations and
services under this Agreement.

    

    (2)        All
Material furnished by Artist in connection with Artist’s services under this
Agreement is and will be wholly original with Artist and will not violate or
infringe upon any right of any kind or nature whatsoever of any person or
entity, including without limitation any right of privacy or
publicity.  No rights in the Material have been granted to others or
impaired by Artist, and there are and will be no encumbrances, liens, conditions
or restrictions whatsoever upon or affecting the Material.  No part of
the Material has been registered for copyright, published or otherwise exploited
or agreed to be published or otherwise exploited, or is in the public
domain.  There is no pending or threatened claim or litigation in
connection with the Material or the rights granted to Touchstone under this
Agreement.

    

    (3)        This
Agreement is not and will not be subject to any claim against Touchstone for
fees or commissions by any agent or representative of Artist or any other
person.

    

    (4)        Artist
will not directly or indirectly issue or permit the issuance of any publicity
whatsoever regarding, or grant any interview or make any statements concerning,
Artist’s services under this Agreement, the Series or any episode of the Series,
Touchstone’s production methods, or any network, exhibitor or sponsor (or
product or service of any sponsor) of the Series or any episode of the
foregoing, without Touchstone’s prior written consent, and Artist will not
divulge or make known to any person any matters of a confidential nature
pertaining to Touchstone’s business without first obtaining Touchstone’s express
written consent with respect thereto.

    

    (5)        Artist
has obtained and will maintain at all times during the Term any and all work
permits, immigration clearances (including the completion of Immigration Reform
Act Form I-9) and any other work clearances, whether foreign or domestic,
necessary to enable Artist to perform Artist’s services hereunder.

    

    (6)        Artist
is familiar with the provisions of Section 508 (formerly 507)  of the
Federal Communications Act, as amended (47 U.S.C. Section 508), which requires
full on-air disclosure of any payment or consideration made to talent in
exchange for an agreement or mention or other exposure of any material,
including a brand name, product or service, and is aware that the violation of
this statute constitutes a criminal offense.  Artist has not accepted
or agreed to accept, and will not accept or agree to accept, any payment or
consideration in exchange for promotional mention or exposure, and has not done
and will not do any other act that would require disclosure pursuant to this
statute.

    

    
      	
              TOUCHSTONE
      – STC/NPA (6/1/05)

            	
              STC-TV

            	
              9 of
      19

            

      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

    K.           Indemnities.  Artist
agrees to indemnify, defend and save harmless Touchstone and any person claiming
under Touchstone, and the officers, directors, shareholders, employees,
representatives and agents of Touchstone, from and against any liabilities,
losses, claims, demands, costs (including without limitation reasonable
attorneys’ fees) and expenses arising in connection with (1) any breach or
alleged breach, of any representation, warranty or agreement of Artist under
this Agreement; (2) any third party’s claim to an amount payable under this
Agreement; (3) any act or omission by Artist that results in or contributes
to any damage to property or injuries to or the death of Artist or any other
person; or (4) any act or omission by Artist that results in or contributes
to damage to property owned (in whole or in part) by
Artist.  Touchstone agrees to indemnify and save harmless Artist from
and against any liabilities, losses, claims, demands, costs (including without
limitation reasonable attorneys’ fees) and expenses arising in connection with
Artist’s use pursuant to this Agreement of any material furnished to Artist by
Touchstone.  Each party to this Agreement will, upon receipt of the
presentation of any claim or notification of the institution of any action with
respect to which indemnification might be required under this Agreement,
promptly notify the other of the presentation of such claim or the institution
of such action.  Touchstone will have the absolute right to control
the litigation or other resolution of any claim, demand or action to which any
indemnity under this Paragraph K applies.  Artist’s obligations
pursuant to this Paragraph K will survive the expiration or earlier termination
of this Agreement.

    

    L.           Suspension, Termination and
Reduction.

    

    (1)        An
event of “disability” will be deemed to exist if Artist becomes incapacitated or
prevented from fully performing hereunder or from fully complying with Artist’s
obligations under this Agreement by reason of Artist’s illness, Artist’s mental,
physical or other disability, or any strike or other labor controversy involving
any collective bargaining unit governing Artist’s services under this Agreement,
or Artist’s failure to comply with any obligation under this Agreement by reason
of any cause rendering such noncompliance excusable at law.  Any
occurrence that otherwise would be deemed an event of disability will not be so
deemed, and will instead be deemed an event of “default” pursuant to
subparagraph L(2) below, if such occurrence is a result of Artist’s use of
alcohol or of any drug or controlled substance.  If Touchstone or
Artist at any time alleges that Artist is, or if Artist actually is,
incapacitated by illness or other disability or by a default of the kind
described in the preceding sentence, and is prevented from performing or
otherwise fully complying with Artist’s obligations under this Agreement, then
Touchstone may, at Touchstone’s expense, require Artist to submit to medical
examination(s) to be conducted by such physician(s) as may be designated by
Touchstone.  Artist may, at Artist’s expense, cause Artist’s own
physician to be present at any such examination, provided that there is no delay
or interference with such examination and/or results from the
examination.

    

    (2)        An
event of “default” will be deemed to exist if (a) Artist at any time breaches
any provision of this Agreement, (b) Artist at any time fails, refuses or
neglects (except solely by reason of Artist’s disability as specified in the
first sentence of subparagraph L(1) above or an event of force majeure as
specified in subparagraph L(3) below) or Artist at any time causes Touchstone to
be notified that Artist intends to fail, refuse or neglect, to report or render
and fully complete Artist’s services to the full extent of Artist’s ability as,
when and where required by Touchstone under this Agreement, or to comply fully
with Artist’s obligations under this Agreement as required by Touchstone, (c)
Artist at any time fails to confirm by written notice within twenty-four (24)
hours after Touchstone requests that Artist give such confirmation, that Artist
will perform fully Artist’s obligations under this Agreement, (d) Artist at any
time violates any Touchstone company policy, or (e) Artist at any time commits
any act or omission constituting a felony, a misdemeanor or other violation of
criminal law, an intentional tort, reckless conduct, gross negligence or other
malfeasance, or which otherwise constitutes good cause.

    

    
      	
              TOUCHSTONE
      – STC/NPA (6/1/05)

            	
              STC-TV

            	
              10
      of 19

            

      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

    (3)        An
event of “force majeure” will be deemed to exist hereunder if Touchstone’s
production or distribution operations and/or any normal broadcasting operations
are impaired, hampered, interrupted, prevented, suspended, postponed or
discontinued by reason of any war (declared or undeclared), act of public enemy,
riot, epidemic, fire, casualty, accident, labor controversy (including without
limitation any lockout, walkout, strike or threat of labor controversy) other
than any such labor controversy referred to in subparagraph L(1) above,
governmental order or regulation, judicial order or decree (including without
limitation any grant of injunctive relief, whether imposed on an industry-wide
basis or affecting only the Series), act of God, failure of the executive
producer, the producer, director, any other production personnel or any member
of the cast to perform for any reason (including without limitation death,
illness, incapacity, disfigurement, failure, refusal or neglect), cancellation
of the Series, failure of technical facilities or substantial impairment
(including without limitation substantial increase in the cost of the Series or
any element of the Series) in obtaining adequate (in Touchstone’s sole
discretion) facilities, materials, fuel, power, transportation and/or personnel
that makes production or distribution of the Series in accordance with
Touchstone’s customary or established schedules and practices impracticable, or
any other occurrence beyond Touchstone’s control that restricts, prevents or
interferes with the orderly or economically efficient production or distribution
of the Series or any episode of the Series.

    

    (4)        If
any event of disability, default or force majeure occurs at any time during the
Term, then notwithstanding anything to the contrary contained in this Agreement,
Artist’s employment pursuant to this Agreement will, at Touchstone’s election,
be automatically suspended.  No compensation will accrue or be payable
under this Agreement during any such period of suspension, except that a
suspension for disability or force majeure will not interfere with Artist’s
right to receive accrued compensation with respect to episodes of the Series
with respect to which Artist has rendered and fully completed all required
services prior to the commencement of such suspension, or to receive any
compensation accruing during such suspension by reason of reruns, foreign
broadcasts or other uses of completed episodes of the Series with respect to
which Artist has rendered all required services prior to the commencement of
such suspension.  Touchstone’s payment of any compensation under this
Agreement during any period of suspension will not be deemed a waiver by
Touchstone of any of its rights under this Agreement, and Touchstone may apply
such payment against any compensation accruing or coming due to Artist pursuant
to this Agreement.  Any suspension will continue until the cause of
such suspension has ceased to exist and, with respect to a suspension for
disability or default, until Artist has reported to Touchstone ready, willing
and able to perform fully Artist’s obligations under this
Agreement.  Notwithstanding the foregoing, any period of suspension
may, at Touchstone’s election, be extended to include such period of time as may
be required by Touchstone to make preparation for the utilization or resumption
of Artist’s services.  Artist will resume rendering services upon such
date following the lifting of any suspension as Touchstone designates in its
sole discretion.  If the period of any suspension includes a starting
date previously designated by Touchstone, then Touchstone may at Touchstone’s
election postpone and/or cancel such starting date.  During any period
of suspension for disability or default, Artist will not render services for any
other person or on Artist’s own behalf.  During any period of
suspension for force majeure, Artist may (if Artist is not in default under the
terms of this Agreement) render services for any other person or on Artist’s own
behalf, subject to the provisions of Paragraph B of this Agreement and subject
to Touchstone’s right to require Artist to resume rendering Artist’s services
under this Agreement at any time.  Touchstone may at its election lift
any suspension at any time prior to the cessation of the cause of such
suspension, except for any suspension caused by Artist’s disability, and with
respect to any suspension caused by any event of force majeure, Touchstone may
at its election thereafter reinstate such suspension at any time during the
continuance of such event of force majeure.  No suspension will
relieve Artist of Artist’s obligations to render services under this Agreement
as and when required by Touchstone, except during a suspension caused by
Artist’s disability.  If, in addition to Artist’s services under this
Agreement, Artist also is obligated to render services in another capacity to
Touchstone, and Artist is prevented from performing Artist’s services under this
Agreement by reason of a strike or other labor controversy, then Touchstone may
require the continuance of Artist’s services to Touchstone in said other
capacity.

    

    
      	
              TOUCHSTONE
      – STC/NPA (6/1/05)

            	
              STC-TV

            	
              11
      of 19

            

      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

    (5)        If
Artist is compensated under this Agreement on a per episode basis, Touchstone
will have the right, at its election, by notice given to Artist at any time, to
reduce the number of episodes (and, if applicable, replays) of the Series for
which Touchstone is required to compensate Artist hereunder during the
applicable Contract Year by one (1) episode (and, if applicable, one (1) replay)
for each episode scheduled for production during the period of any event of
default, disability or force majeure under this Agreement.  Touchstone
will also have the right, at its election, by notice given to Artist at any time
during the then-current Contract Year, to reduce the number of episodes of the
Series and/or replays of the Series for which Touchstone is required to
compensate Artist during such Contract Year by one (1) episode and/or replay for
each episode of the Series that is canceled, preempted or recaptured by or that
is unable to be produced or delivered to any network, sponsor or other buyer of
the Series.  In the event Artist is compensated under this Agreement
on a weekly basis, Touchstone will have the right, at its election, by notice to
Artist at any time, to reduce the number of weeks for which Touchstone is
required to compensate Artist during the applicable Contract Year by one (1)
week for each week or portion of a week during which any event of default,
disability or force majeure, exists under this Agreement and by one (1) week for
each week or portion of a week that would have been required for production of
each episode of the Series that is canceled, preempted or recaptured by or that
is unable to be produced or delivered to any network, sponsor or other buyer of
the Series.

    

    (6)        Touchstone
will have the right, at its election, by notice to Artist at any time, to extend
the Term, any Contract Year and/or other time period under this Agreement
(including without limitation the latest date for the exercise of any option or
any other right under this Agreement) by a period of time equal to or less than,
in Touchstone’s sole discretion, the aggregate period(s) of any event of
default, disability or force majeure under this Agreement, or Touchstone may
reduce any or all of such periods by a period of time equal to or less than, in
Touchstone’s sole discretion, the aggregate length of any period of suspension
under this Agreement.  In the event Artist does not fulfill Artist’s
obligations, Touchstone shall have the right (but not the obligation and without
limitation of any of Touchstone’s other rights or remedies under this Agreement
or at law or in equity) to extend the Term, any Contract Year and/or other time
period for a period of time equal to, or, at Touchstone’s sole discretion, less
than, the initial time period.  Artist’s compensation shall be reduced
in proportion to any such reduction in the Term or any Contract Year and/or
other time period and no such extension shall entitle Artist to additional
compensation.

    

    
      	
              TOUCHSTONE
      – STC/NPA (6/1/05)

            	
              STC-TV

            	
              12 of
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    (7)        If
any event of default or force majeure occurs under this Agreement, Touchstone
will have the right, at Touchstone’s election, to terminate this Agreement
immediately or at any time, including during any period of suspension for such
event of default or force majeure by written notice to Artist.  In the
event of Artist’s disability, Touchstone will have the right, at Touchstone’s
election, to terminate this Agreement at any time before the commencement of
Artist’s services during the First Contract Year or at any time after the
continuance of such disability for more than seven (7) consecutive days or for
an aggregate of fourteen (14) days or more during any Contract Year by written
notice to Artist.  If the network, sponsor or other buyer of the
Series cancels production of, or ceases to accept delivery of, the Series or any
episode of the Series, Touchstone will have the right, at its election, to
terminate this Agreement by written notice to Artist.  If this
Agreement is terminated, Artist will immediately reimburse Touchstone for all
paid but unearned sums and Touchstone will be relieved of any and all further
obligations to Artist under this Agreement, except that termination for any
reason other than for Artist’s default will not relieve Touchstone of its
obligations hereunder to pay Artist all noncontingent compensation with respect
to completed episodes of the Series for which Artist has rendered and fully
completed all of Artist’s services prior to such termination.

    

    (8)        Neither
the suspension nor termination of this Agreement will affect any right that
Touchstone may have to recover damages from Artist or to pursue any other rights
or remedies at law, in equity or otherwise, nor will any suspension or
termination of this Agreement relieve Artist of any obligations pursuant to any
representation, warranty or agreement of Artist under this
Agreement.  Further, Touchstone may, in addition to filing appropriate
actions against Artist, withhold and deduct from compensation or other payments
due to Artist under this Agreement or any other agreement between Touchstone and
Artist any damage, loss or expense caused Touchstone by Artist’s default and
Artist will remain liable to Touchstone for the full amount of said damage, loss
or expense to the extent such withheld or deducted compensation or other payment
is insufficient to satisfy said amount.

    

    M.          Insurance.  Touchstone
will have the right to apply for and take out, in Touchstone’s own name or
otherwise, at Touchstone’s expense, any form of insurance covering Artist, in
any amount Touchstone deems necessary to protect Touchstone’s interest, and
Artist will have no right, title or interest in or to any such
insurance.  Artist will assist Touchstone in obtaining such insurance
by submitting to usual and customary medical and other examinations and by
signing such applications, statements and other instruments as may be required
by any insurance company (which applications, statements and other instruments
Artist agrees to complete fully and truthfully).  If Artist fails or
is unable to qualify for such insurance at Touchstone’s customary rates for the
then-current Contract Year, Touchstone will have the right to terminate this
Agreement; provided, however, that Touchstone’s right to terminate this
Agreement by reason of such failure or inability will be exercised, if at all,
no later than ten (10) business days following Touchstone’s receipt of
notification from the insurance company or insurance agent of such failure or
inability; and provided further that Touchstone will not have the right to
terminate this Agreement by reason of such failure or inability if such
insurance can be obtained for a premium in excess of Touchstone’s customary
rates and if Artist agrees to pay the portion of said premium in excess of the
customary rates or deductibles and agrees to be financially liable, in a manner
that meets Touchstone’s satisfaction for increased deductibles and/or any other
incurred expenses in connection with such insurance.  During the Term,
Artist will not travel on any chartered or other unscheduled airline or plane,
unless requested to do so by Touchstone, or engage in any conduct prohibited by
any policy of insurance obtained by Touchstone in accordance with this Paragraph
M (to the extent that Artist knows or should know of such prohibition), unless
requested to do so by Touchstone, or engage in any hazardous activity without
the prior written consent of Touchstone.

    
      

      
        	
                TOUCHSTONE
      – STC/NPA (6/1/05)

              	
                STC-TV

              	
                13 of
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    N.           Right to Equitable
Relief.

    (1)        Artist
acknowledges that the services to be rendered by Artist hereunder are of a
special, unique, unusual, extraordinary and intellectual character that gives
them a peculiar value, the loss of which Touchstone cannot be reasonably or
adequately compensated in damages, and that a breach by Artist of any provision
of this Agreement will cause Touchstone irreparable injury and
damage.  Accordingly, Artist expressly agrees that Touchstone will be
entitled to injunctive and other equitable relief to prevent a breach of this
Agreement or any part of this Agreement by Artist and to secure its
enforcement.  Artist acknowledges that Touchstone has complied with
the minimum compensation requirements of Civil Code Section 3423 and Code of
Civil Procedure Section 526 with respect to such injunctive relief.

    

    (2)        Artist
acknowledges that, in the event of any breach of this Agreement by Touchstone or
any third party, the damage, if any, caused Artist will not be irreparable or
otherwise sufficient to entitle Artist to seek injunctive or other equitable
relief.  Artist acknowledges that Artist’s rights and remedies in any
such event will be strictly limited to the right, if any, to recover damages in
an action at law, and Artist will have neither the right to rescind this
Agreement or any of Touchstone’s rights under this Agreement, nor the right to
enjoin the production, exhibition or other exploitation of the Series, any
episode of the Series, any subsidiary or allied rights with respect to the
foregoing, or any other results and proceeds of Artist’s services under this
Agreement, nor will Artist have the right to terminate Artist’s services or
obligations under this Agreement by reason of such breach.  Without
limiting the foregoing or Touchstone’s other rights under this Agreement or at
law or in equity, under no circumstances will any act or omission of Touchstone
which would otherwise constitute a breach or alleged breach of this Agreement be
deemed such unless Artist notifies Touchstone in writing setting forth in detail
the basis for such breach or alleged breach and Touchstone fails to commence
reasonable efforts to cure such breach or alleged breach within thirty (30) days
of Touchstone’s receipt of such notice.

    

    O.           Assignment.  Touchstone
will have the right to assign, license, delegate, lend or otherwise transfer
this Agreement in whole or in part or the results and proceeds of Artist’s
services, or any or all of Touchstone’s rights, obligations, options or
privileges under this Agreement, to any person, and this Agreement and any or
all of said rights, obligations, options or privileges may in turn be assigned,
licensed, delegated, lent or otherwise transferred by any such assignee,
licensee, delegator, lender or transferee, it being understood and agreed that
Touchstone will be released from any obligations so assigned, licensed,
delegated, lent or otherwise transferred.  If Touchstone assigns this
Agreement or the results and proceeds of Artist’s services, or any of
Touchstone’s rights, obligations, options or privileges under this Agreement, in
whole or in part, then references in the applicable provisions so assigned
throughout the Agreement to “Touchstone” will be deemed to be references to
Touchstone’s assignee. The services to be rendered by Artist under this
Agreement are of the essence of this Agreement, and neither this Agreement nor
any of Artist’s rights or obligations hereunder may be assigned, licensed,
delegated, lent or otherwise transferred by Artist to any third
party.

    

    
      	
              TOUCHSTONE
      – STC/NPA (6/1/05)

            	
              STC-TV

            	
              14 of
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    P.           Collective Bargaining
Agreement.

    

    (1)        During
the Term, to the extent and during such periods as it may be lawful for
Touchstone to require Artist to do so, Artist agrees to remain, or to become and
remain, a member in good standing of any properly designated labor organization
having jurisdiction over persons rendering services of the type and character
required of Artist under this Agreement.  If Artist fails, neglects or
refuses to become and remain a member in good standing of any such labor
organization, Touchstone may at its election (in addition to the exercise of
Touchstone’s other rights and remedies under this Agreement or at law or in
equity) terminate this Agreement, or pay, on Artist’s behalf, any required dues,
fees or other payments to such labor organization, and in the event of any such
payment, Touchstone may deduct the amounts paid by Touchstone including at
Touchstone’s discretion, any administrative costs incurred by Touchstone in
connection with the foregoing in an amount not greater than Five Hundred Dollars
($500) per each such payment from any sums payable to Artist pursuant to this
Agreement.

    

    (2)        In
the event any union collective bargaining agreement is applicable to and binding
upon Touchstone and applies to Artist’s services rendered pursuant to this
Agreement, then said services will be rendered pursuant to the terms and
conditions of such collective bargaining agreement, and except as expressly
provided to the contrary in this Agreement, Touchstone will be entitled to the
maximum benefits and acquire the maximum rights provided for in such collective
bargaining agreement.  If any provision of this Agreement conflicts
with the mandatory provisions of any such collective bargaining agreement, the
collective bargaining agreement will prevail, and the provision(s) of this
Agreement so affected will be curtailed and limited only to the extent necessary
to permit compliance with the minimum mandatory terms and conditions of such
collective bargaining agreement.  If such collective bargaining
agreement requires the payment of compensation to Artist in addition to that
provided for in this Agreement, such additional compensation will be paid at the
minimum applicable rates specified in such collective bargaining agreement and
will be based, where permitted by such collective bargaining agreement, upon the
minimum applicable compensation payable to Artist under such collective
bargaining agreement.  Touchstone will be entitled to credit and
apply, or treat as an advance, any and all sums paid or payable pursuant to this
Agreement against such additional compensation or any other compensation payable
pursuant to this Agreement to the full extent permitted under such collective
bargaining agreement.  In addition, to the extent that any payment
under this Agreement exceeds the applicable collective bargaining agreement
minimum payment, then such excess, to the fullest extent not prohibited by the
applicable collective bargaining agreement, shall be credited against any
additional payment required by the applicable collective bargaining agreement
and shall be deemed payment for any additional services or rights obtainable by
such payment under such applicable collective bargaining agreement and
Touchstone will be entitled to the maximum benefits and rights provided for in
such applicable collective bargaining agreement.  All sums payable
under this Agreement are inclusive of any required sums payable under such
applicable collective bargaining agreement for Artist’s services or any use of
the Material.

    

    
      	
              TOUCHSTONE
      – STC/NPA (6/1/05)

            	
              STC-TV

            	
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    Q.           Notices.  All
notices that Touchstone is required or may desire to give to Artist will be
given orally to Artist or in writing by addressing the same to Artist at
Artist’s address or telecopy number as indicated in the Agreement, or at such
other address or telecopy number as may be designated in writing by Artist to
Touchstone.  All notices that Artist is required or may desire to give
to Touchstone will be given in writing by addressing the same to Touchstone at
500 South Buena Vista Street, Burbank, California 91521,
Attention:  Executive Vice President, Business Affairs, Network
Television, or to such other address as may be designated in writing by
Touchstone to Artist. All such notices will be sufficiently given when the same
are delivered in person, or deposited so addressed, postage prepaid in the mail
or delivered, or when such notice has been telecopied, and the date of said
personal delivery, mailing or telecopying will be deemed to be the effective
date of the giving of such notice; provided, however, that any notice from
Artist that commences the running of any period of time for Touchstone’s
exercise of any option or Touchstone’s performance of any other act will be
deemed to be served only when actually received by
Touchstone.  Notwithstanding any other provision of this Agreement to
the contrary, any notice from Touchstone to Artist or to any agent or other
representative of Artist which is actually received will be deemed, at
Touchstone’s election, sufficiently given under this Agreement.  No
failure by Touchstone to provide a courtesy copy of a notice shall be deemed a
breach of this Agreement.

    

    R.           Relocation
Expenses.  Unless otherwise
specifically provided in this Agreement, if Touchstone requires Artist’s
services in connection with the Series at a production location which is more
than 100 miles outside of Artist’s principal place of residence, Touchstone and
Artist  will negotiate in good faith a travel relocation package for
Artist within Touchstone’s customary parameters.

    

    S.           General
Provisions.

    

    (1)        Nothing
contained in this Agreement will constitute a partnership between or joint
venture of Touchstone and Artist or establish either party as the agent of the
other.  Neither party will hold itself out contrary to the terms of
this Agreement nor will either party become liable for the representation, act
or omission of the other contrary to the provisions of this
Agreement.  This Agreement is not for the benefit of any third party
and will not be deemed to grant any right or remedy to any third
party.  Nothing contained in this Agreement will be construed so as to
require the commission of any act contrary to law, and wherever there is any
conflict between any provision of this Agreement and any statute, law,
ordinance, order or regulation contrary to which the parties to this Agreement
have no legal right to contract, the latter will prevail; provided, however,
that in such event the provision(s) of this Agreement so affected will be
curtailed and limited only to the extent necessary to permit compliance with the
applicable minimum legal requirement, and no other provision of this Agreement
will be affected by such conflict.  Without limiting the foregoing,
any provision of this Agreement which is invalid, illegal, or unenforceable in
any jurisdiction will, as to that jurisdiction, be ineffective only to the
extent of such invalidity, illegality or unenforceability, without affecting in
any way the remaining provisions of this Agreement in such jurisdiction or
rendering that or any other provision of this Agreement invalid, illegal or
unenforceable in any other jurisdiction.

    

    (2)        Artist
authorizes Touchstone to deduct and withhold from Artist’s compensation under
this Agreement the following:  (a) telephone and restaurant
charges and other expenses chargeable to Artist that are not incurred in
connection with Artist’s services under this Agreement and are owed by Artist to
Touchstone; (b) monies Touchstone pays Artist over and above monies that
Touchstone is obligated to pay under the provisions of this Agreement (which
Touchstone may deduct from compensation that Artist accrues thereafter under
this Agreement or otherwise); (c) union dues, deductions and assessments
required by any applicable collective bargaining agreement; and (d) any and
all taxes and other sums that Touchstone is permitted or required to deduct
pursuant to applicable law.

    
      

      
        	
                TOUCHSTONE
      – STC/NPA (6/1/05)

              	
                STC-TV

              	
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    (3)        This
Agreement expresses the entire understanding of the parties to this Agreement
and replaces any and all former and contemporaneous agreements, understandings,
representations or warranties relating to Artist’s employment under this
Agreement.  No modification, alteration or amendment of this Agreement
will be valid or binding unless in writing and signed by the party to be charged
with such modification, alteration or amendment.  No officer, employee
or representative of Touchstone has any authority to make any representation,
warranty or agreement not contained in this Agreement, and Artist acknowledges
that Artist has not executed this Agreement in reliance upon any representation,
warranty or agreement not expressly set forth in this Agreement.  No
waiver by Touchstone of any term or condition of this Agreement will be
construed as a waiver by Touchstone of any other term or condition; nor will any
waiver by Touchstone of any default under this Agreement be construed as a
waiver by Touchstone of any other default; nor will Touchstone’s exercise of any
option under this Agreement be deemed a waiver by Touchstone of any default
preceding such exercise.

    

    (4)        Artist
will not make any commitment or agreement whereby Touchstone is required to pay
any consideration or obligate Touchstone in any way to any third party without
first obtaining Touchstone’s express written consent.

    

    (5)        In
the event more than one person executes this Agreement as “Artist,” the word
“Artist” whenever and wherever used in this Agreement shall be deemed to mean
“Artists” and all references through this Agreement to “Artist” shall be deemed
to be references to each such person individually and all such persons jointly,
it being understood and agreed that all such persons assume and will be jointly
and severally liable for all representations, warranties, agreements, duties and
obligations of Artist under this Agreement and that the breach of any
representation, warranty, agreement, duty or obligation contained in this
Agreement shall be deemed a breach by each and all such persons.  Such
persons hereby represent and warrant that they are a bona fide team (as “team”
may be defined by any applicable collective bargaining agreement), have agreed
with each other in good faith (and without suggestion or direction by
Touchstone), prior to offering themselves for employment to Touchstone, to
collaborate as a team and have obtained any and all necessary guild or union
waivers required in order to permit such persons to render services under this
Agreement as a team.  All such persons will be treated as a single
unit for purposes of compensation under this Agreement and the aggregate
compensation payable shall be payable to each such person by dividing such
compensation in equal shares, unless Touchstone is otherwise directed in a
writing signed by all such persons or unless otherwise required by any
applicable collective bargaining agreement, it being understood and agreed that
any such division of such compensation in unequal shares pursuant to the
foregoing will be subject each Contract Year to Touchstone’s prior written
consent.  No casual or inadvertent failure by Touchstone to divide
such compensation correctly will be considered a breach of this Agreement by
Touchstone.  Touchstone may, at its election, treat any contingency
set forth in this Agreement that occurs with respect to any member of such team
as though such contingency had occurred with respect to any other or all members
of such team.  Without limiting the generality of the immediately
preceding sentence, where Touchstone is entitled under this Agreement to suspend
or terminate this Agreement because of the occurrence of any such contingency,
Touchstone may suspend or terminate this Agreement with respect to all such team
members, or Touchstone may, at its election, suspend or terminate this Agreement
only as to less than all of such team members, in which later event Touchstone
may continue to use the services of such team members not so suspended or
terminated.  In the event Touchstone uses the services of less than
all of such team members, the applicable pro rata share of Artist’s compensation
payable under this Agreement will be payable to each team member rendering
services and such compensation will constitute full and complete compensation
under this Agreement.

    

    
      	
              TOUCHSTONE
      – STC/NPA (6/1/05)

            	
              STC-TV

            	
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    (6)        Artist
will execute, acknowledge, verify and deliver to Touchstone any further
instruments and documents (including without limitation a Writer’s Certificate)
pertaining to the Material or the Series which Touchstone may request and in the
form Touchstone may prescribe; provided, however, that Artist’s failure or
refusal to do so shall not affect any of Touchstone’s rights in the Material,
the Series or any episode of the Series, or any of Artist’s representations or
warranties with respect to the foregoing.  Artist hereby appoints
Touchstone (which such appointment is coupled with an interest and hence
irrevocable) as Artist’s attorney-in-fact to execute any such instruments and
documents in Artist’s name and on Artist’s behalf and to institute and prosecute
such proceedings as Touchstone may deem expedient to secure, protect or enforce
the rights Touchstone is acquiring under this Agreement.  Touchstone
may sue in its own name or may use the name of Artist, or may join Artist as
party plaintiff or defendant in any such suit or proceeding.

    

    (7)        All
payments to be made to Artist under this Agreement are subject to the full and
faithful performance and observance by Artist of Artist’s services and the
representations, warranties, agreements, obligations and duties of Artist under
this Agreement.

    

    (8)        Paragraph
and subparagraph headings as used in this Agreement are for convenience only and
are not a part of this Agreement and will not be used to interpret any provision
of this Agreement.

    

    (9)        This
Agreement will be governed by and construed under and in accordance with the
internal laws of the State of California applicable to contracts wholly
negotiated, executed and performed in the State of California, and Artist hereby
consents to the jurisdiction of the courts of the State of California and the
United States courts located in the State of California in connection with any
lawsuit, action or proceeding arising out of or related to this
Agreement.  Each and all of the several rights and remedies provided
in this Agreement or by law or in equity will be cumulative, and no one of them
will be exclusive of any other right or remedy, and the exercise of any one of
such rights or remedies will not be deemed a waiver of or an election not to
exercise any other such right or remedy.

    

    (10)      If any
legal action, arbitration or other proceeding is brought for the enforcement of
or to declare rights or obligations under this Agreement or as a result of a
breach, default or misrepresentation in connection with any of the provisions of
this Agreement, the successful or prevailing party will be entitled to recover
reasonable attorneys’ fees and any other costs incurred in any such action,
arbitration or proceeding, in addition to any other relief to which that party
may be entitled.

    

    (11)      Artist
agrees to keep confidential the terms of this Agreement (including without
limitation compensation and episodic guarantees) and to refrain from revealing
such terms to any third party (other than the authorized agents and other
authorized representatives of Artist, and in this regard Artist agrees to bind
such third parties to this confidentiality provision) unless compelled by
government laws or regulations or court order or required for so-called
customary “quote” purposes in connection with bona fide outside employment
opportunities of Artist, and from issuing or authorizing or permitting the
issuance of any press release or other information, in any media, revealing such
terms.

    

    
      	
              TOUCHSTONE
      – STC/NPA (6/1/05)

            	
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    T.           Loanout
Company.  If a company (“Lender”) loans Artist’s services to
Touchstone in connection with services to be rendered under this Agreement
and/or the Series, Touchstone, Lender and Artist hereby agree as
follows:  (i) Lender will cause Artist to render the services
described herein and to comply with the terms and conditions of this Agreement;
(ii)  Lender and Artist will be jointly liable for any default by
Artist or failure by Artist to comply with all of Artist’s obligations
hereunder; (iii) all sums payable to Artist for Artist’s services hereunder will
be paid by Touchstone to Lender, and in this regard Artist agrees to look solely
to Lender for any and all compensation to which Artist may be entitled by reason
of the Agreement or any services rendered by Artist pursuant
hereto;  (iv) Lender will make and assume full responsibility for, and
fully indemnify and hold Touchstone harmless from and against, the payment of
all taxes, penalties and other similar sums (including, without limitation,
reasonable attorneys’ fees incurred in connection therewith as well as the
payment of the employer’s and employee’s shares of all state and federal payroll
taxes and the payment of state and federal income taxes) arising out of the
compensation provided for under this Agreement; (v) Touchstone will pay all sums
required to be paid to any Writers Guild of America pension and/or health and
welfare fund (if and only to the extent applicable) arising out of Touchstone’s
use of Artist’s writing services hereto; provided, however, that Touchstone’s
obligation to make such payments will not exceed the extent to which Touchstone
would have been required to make them had Touchstone employed Artist directly;
and (vi) references in this Agreement to “Artist,” and “Participant” in Exhibit CB-T (if
any), will be deemed also to include, refer to and apply to
“Lender.”  If Lender so loans Artist’s services, for purposes only of
all workers’ compensation statutes, laws, or regulations (“Workers’
Compensation”), Lender and Artist acknowledge that an employment relationship
exists between Touchstone and Artist, Touchstone being Artist’s special employer
under this Agreement.  Accordingly, Lender and Artist acknowledge that
in the event of Artist’s injury, illness, disability or death falling within the
purview of Workers’ Compensation, Artist’s rights and remedies (and those of
Artist’s heirs, executors, administrators, successors and assigns) against
Touchstone or Touchstone’s affiliated companies and their respective officers,
agents and employees (including, without limitation, any other special employee
and any corporation or other entity furnishing to Touchstone or an affiliate
company the services of any such other special employee) (the “Touchstone
Related Entities”) will be governed by and limited to those provided by such
Workers’ Compensation, and Lender agrees not to assert any claim against
Touchstone or the Touchstone-Related Entities by reason of any such injury,
illness, disability or death. 

    

    TOUCHSTONE
– STC/NPA (6/1/05)

    

    
      	
              TOUCHSTONE
      – STC/NPA (6/1/05)

            	
              STC-TV

            	
              19 of
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    EXHIBIT
T

    (TURNAROUND)

    

    This
Exhibit T is incorporated into that Agreement dated as of March 20, 2006,
between Silver Creek Pictures, Inc. (‘Silver Creek”) and POW! Entertainment,
Inc. ("Lender") pertaining to a possible theatrical motion picture tentatively
entitled ___________________ (the "Picture").

    

    1.     If
WDP elects to abandon the Picture, then Lender  shall have one (1)
year from the date of abandonment (the "Turnaround Period") to place the Picture
elsewhere and acquire all of WDP's right, title, and interest in and to the
Picture, subject to all existing agreements, obligations, liabilities, and
commitments pertaining thereto, by reimbursing WDP as provided below and
complying with all other terms and conditions herein.

     

    2.     If,
during the Turnaround Period, the Picture is placed elsewhere for development,
production, or otherwise, WDP contemporaneously therewith shall be reimbursed
for all development costs, advances, and payments (collectively referenced
herein as "Costs") in connection with the Picture, plus accrued Interest thereon
from the time an item of Cost was paid, incurred, or charged, at an annual rate
equal to one hundred twenty-five percent (125%) of the U.S. prime rate of the
Bank of America, as such rate may vary from time to time. In addition, WDP shall
be granted contingent consideration (under a written agreement in a form and
substance satisfactory to WDP) in an amount equal to 5% of 100% of the net
profits of the Picture.  "Net profits" shall be defined, calculated,
and paid in accordance with the net profit definition granted to Lender, except
that no "overbudget add-back" or cross-collateralization provision applicable to
the Picture or allocation to or recoupment of Lender's overhead shall apply as
to WDP.   In the absence of any such definition of "net profits,"
then such definition shall be subject to good faith negotiation between WDP and
the third party financier and/or distributor of the Picture.  Lender
shall also furnish to WDP an indemnity and assumption agreement (in a form and
substance satisfactory to WDP) signed by a financially responsible party (as WDP
so determines), covering all agreements, obligations, liabilities, and
commitments in connection with the Picture. Upon satisfaction of all the
foregoing terms and conditions, WDP will quitclaim its right, title, and
interest in the Picture to Lender.

     

    3.     During
the Turnaround Period (and for a period of sixty (60) days following WDP's
receipt of full reimbursement under paragraph 2 above), Lender shall serve
notice on WDP of any changed, additional, or new elements pertaining to the
Picture (e.g., a change of lead actor, director, a material change In the
screenplay or a story line not previously discussed with WDP, a change in the
budget, or a change in the financial terms of the deal less favorable to Lender
than those contained in the Agreement or than those last presented to WDP
(collectively referenced as "Changed Elements"). WDP shall have ten (10)
business days within which to accept such Changed Elements and thereby terminate
the Turnaround Period.  WDP shall not be required to accept any such
Changed Elements which can not be as easily met by one person as another. If WDP
accepts such Changed Elements and resumes active development of the Picture,
then Lender shall resume rendering services under the terms and conditions
contained in the Agreement.  Lender shall not be required to serve
notice on WDP of any Changed Element after the expiration of sixty (60) days
following WDP's receipt of full reimbursement as set forth above.

     

    4.     If,
after WDP has received full reimbursement under paragraph 2, the Picture
actually is financed by an entity which is neither a major theatrical
distributor of motion pictures nor a major independent company which is a party
to an exclusive distribution deal with a major distributor (e.g., The Geffen
Company), then WDP shall have the right of first-look/last-refusal for any and
all rights of distribution in the Picture in accordance with the following
procedures:

     

    a.     WDP
shall have "first look" at the Picture, i.e., the Picture shall not be exhibited
to any third party for the purpose of negotiating for the disposition of any
distribution rights therein before the Picture is exhibited to WDP. The Picture
shall be exhibited to WDP as soon as possible after completion (prior to the
answer print, if practicable).

     

    b.     WDP
shall have a period of ten (10) business days after viewing the Picture to
notify Lender whether or not WDP elects to negotiate to acquire said rights. If
WDP serves notice on Lender that WDP does not elect to so negotiate, then Lender
may dispose of said rights in the Picture.

     

    c.     If
WDP serves notice on Lender that WDP elects to so negotiate, then Lender (or the
financier, if applicable) shall negotiate exclusively with WDP in good faith
with respect to WDP's acquisition of said rights in the Picture.

     

    d.     If
such negotiations do not result in an agreement between Lender and WDP within a
period of thirty (30) days from the commencement thereof, then Lender shall
serve WDP with a final written offer stating the terms and conditions upon which
Lender will transfer such rights to WDP (the "Offer"). If WDP does not accept
such Offer within five (5) business days, then Lender may negotiate elsewhere
for the disposition of such rights, but WDP may meet any third party's bona fide
offer which Lender is willing to accept which is less favorable to Lender than
the Offer (the "Outside Offer"). Lender shall serve WDP with written notice of
any such Outside Offer, specifying all the terms and conditions thereof and the
name of the third party offering the same.  WDP shall have a period of
fifteen (15) business days from receipt of such notice of the Outside Offer to
serve Lender with WDP's election to meet the Outside Offer; provided, however,
that WDP shall not be required to meet any terms which cannot be met as easily
by one person as another. If WDP elects to meet the Outside Offer, then Lender
will promptly execute written agreements conveying to WDP such rights upon the
terms and conditions specified in the Outside Offer.

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    e.     If
WDP does not acquire such rights under the foregoing provisions, then Lender (or
the financier) may sell or otherwise dispose of such rights, but only upon the
terms and conditions specified in the Offer (or Outside Offer, as the case may
be). If Lender (or the financier) is willing to accept any terms and conditions
which are less favorable to Lender than those set forth in the Offer (or Outside
Offer, as the case may be), or Lender proposes to deal with a different third
party, then Lender shall again serve WDP with notice of same in accordance with
the procedures set forth in subparagraph d. above.

     

    5.     If
at any time (whether before, during, or after the Turnaround Period), WDP or
Lender fails to extend or exercise an option, if any, to any underlying property
upon which the Picture is to be based, then: (i) Lender's rights hereunder shall
terminate upon the earlier of the expiration of such option or the Turnaround
Period; and (ii) any rights which Lender may thereafter acquire in such
underlying property, whether directly or indirectly, shall be deemed held in
trust by Lender for WDP's benefit until WDP is fully reimbursed, as herein
provided.

     

    6.     If
the Picture is not placed elsewhere and/or if Lender has not complied with the
terms and conditions above (including, without limitation, complete
reimbursement to WDP) by the expiration of the Turnaround Period, then Lender's
rights hereunder respecting the Picture shall terminate and WDP's ownership of
the Picture and all underlying properties and rights encompassed therein shall
be absolute as between WDP and Lender. WDP, upon expiration of the Turnaround
Period, may use, dispose, and otherwise exploit such underlying properties,
rights, and the Picture as WDP determines in its sole discretion, without any
further obligation to Lender respecting the Picture.

     

    7.     During
the Turnaround Period, there shall be a first and prior lien on the Picture in
favor of WDP until WDP is fully reimbursed as specified herein.

     

    END OF
EXHIBIT T

    

      
        
           

        

        
          2As of March 20, 2006

    

    POW!
ENTERTAINMENT, INC.

    (f/s/o
STAN LEE)

    GANFER
& SHORE

    360
Lexington Avenue

    New York,
New York 10017

    Attn:  Arthur
Lieberman, Esq.

    

    
      	
              Re:

            	
              STAN
      LEE / PRODUCER / OVERALL DEAL

            

    

    

    Gentlemen:

    

    Reference is made to the Memorandum of
Agreement (the “Agreement”), as of March 20, 2006, between Silver Creek
Pictures, Inc. (“Silver Creek”) and POW! Entertainment, Inc. (“Lender”) for (a)
submission by Stan Lee (“Artist”), on an exclusive “first look” basis, of any
and all ideas, materials and/or properties (“Property[ies]”, as defined in
Paragraph I.E.1. below) owned or controlled by Lender or Artist that Artist is
interested in developing in any medium or media, as more particularly described
below; and (b) the producing services of Artist in connection with the
development, production and distribution of such Properties in any medium or
media, including but not limited to by means of live action and/or animated
theatrical motion pictures, direct-to-video (“DTV”) motion pictures (each
individually and/or collectively, as the context may require, a “Picture”),
television motion pictures, stage play project(s), internet project(s), theme
park project(s), video and/or computer game project(s), wireless and/or mobile
projects and/or any and all other projects to be designated hereunder
(“Non-Picture Projects”).

    

    In consideration of the mutual
covenants and agreements contained herein, Silver Creek, Lender and Artist
hereby amend the Agreement by this letter amendment (“Letter Amendment”) as
follows:

    

    1.           Silver
Creek shall have no obligation to perform under this Letter Amendment unless and
until all Conditions Precedent set forth in Paragraph 1. of the Agreement have
been satisfied, and Silver Creek has received a fully executed original of this
Letter Amendment (in form and substance acceptable to Silver
Creek).

    

    2.           Reference
is made to Paragraphs II.A.2. and II.A.3. of the
Agreement.  Notwithstanding anything to the contrary set forth
therein, with respect to any Artist-Submitted Property that is solely owned by
Lender and/or Artist and is accepted for development by Silver Creek as a
live-action theatrical Picture or a live-action direct-to-video (“DTV”) Picture,
if by the date that is six (6) months after Silver Creek’s acceptance of the
applicable Artist-Submitted Property for development as a live-action theatrical
Picture or live-action DTV Picture, Silver Creek has not engaged a writer to
render writing services on the script for such applicable Picture (provided
that, if Silver Creek has in place a deal for the writing services of a writer
for the applicable Picture, then Silver Creek shall be deemed to have engaged
the writer for purposes of this Paragraph 2., even if a written agreement for
such writing services has not yet been executed or the writer has not yet begun
rendering writing services pursuant to such agreement), then Lender or Artist
may notify Silver Creek in writing of such failure to engage a writer within the
foregoing six (6)-month period, and if Silver Creek does not thereafter engage a
writer within thirty (30) days after receipt of such notice, all of Silver
Creek’s right, title and interest in and to the applicable Picture shall revert
to Lender, subject to the following:

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

    

    a.           The
periods set forth above shall be extended for any period during which a claim
with respect to the applicable Artist-Submitted Property has been asserted and
remains unresolved and for any period during which Silver Creek’s development
and/or production activities in connection with the applicable Picture based
upon the Artist-Submitted Property are interrupted or postponed due to any
occurrence of an event of force majeure, including without limitation, any labor
strike, threatened labor strike, or other labor dispute.

    

    b.           At
such time, if ever, that the rights to the applicable Picture revert to Lender
as set forth above, to the extent Silver Creek has expended any monies in
connection with the development of such applicable Picture (including without
limitation any Rights Payment made pursuant to Paragraph I.E.2. of the
Agreement), Silver Creek shall be provided with a first-priority security
interest/lien (including, but not limited to, a copyright mortgage and UCC-1s
for the State of California, State of New York, and New York County) (“Lien”)
for the applicable costs in connection with the applicable Picture based on the
Artist-Submitted Property accepted for development as a live-action theatrical
Picture or live-action DTV Picture, plus accrued interest thereon from the time
an item of cost was paid, incurred or charged, at an annual rate (the “Interest
Rate”) equal to 125% of the U.S. prime rate as published by the Bank of America,
as such rate may vary from time to time.  Such costs plus interest
shall be paid to Silver Creek no later than the time the applicable Picture is
set up for development in any medium by a third party.  In addition,
in the event of a reversion, the rights in the applicable Picture shall revert
to Lender subject to the assumption by such third party of any and all of Silver
Creek’s obligations in connection with the applicable Picture.

    

    3.           Reference
is made to Paragraph III.D. of the Agreement.  Notwithstanding
anything to the contrary set forth therein, the parties acknowledge and agree
that Artist shall not be responsible for ensuring that the applicable Picture
meets the applicable “Delivery” requirements as set forth in Paragraph III.D. of
the Agreement.

    

    Except as expressly set forth herein,
the Agreement shall remain unchanged and in full force and
effect.  Capitalized terms not defined herein shall have the same
meaning as set forth in the Agreement.

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    

    Please confirm the foregoing as
accurately reflecting the agreement and understanding of the parties by having
your client sign in the space provided below.

    

    
      
        
          
            	 
      	
                    SILVER
      CREEK PICTURES, INC.

                  
	 
      	 
      
	 
      	
                    By:

                  	 
      
	 
      	 
      
	 
      	
                    Its:

                  	 
      

          

        

      

    

    

    
      
        	
                ACCEPTED
      AND AGREED:

              
	 
      
	
                POW!
      ENTERTAINMENT, INC.

              
	 
      
	
                By:

              	
                  

              
	 
      	 
      
	
                Its:

              	
                  

              
	 
      
	
                Federal
      ID No.:_________________

              

      

    

    
      
         

      

      
        3

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