Document:

exv10w3

Exhibit
10.3

Here Networks L.L.C.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of
April 9, 2007

Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

     Re: SHOW BUSINESS: THE ROAD TO BROADWAY

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled SHOW BUSINESS: THE ROAD TO BROADWAY
(the “Program”) for exhibition on Here Networks program services (“Here Networks”). For
good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: SHOW BUSINESS:
THE
ROAD TO BROADWAY (running time 102 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the English
language and available in hi-definition, digi-beta or beta sp video elements in
accordance with
the technical specifications of HERE’S standard delivery schedule attached hereto as
Exhibit
“A;” and

(b) Shall be completely finished, fully edited and titled, and fully synchronized
with language,
dialogue, sound and music, recorded with sound equipment pursuant to valid licenses,
and in
all respects ready, and of a technical quality adequate for general first-class
Telecast (as
defined below in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the
Exhibition Period as set forth in Paragraph 3 hereof (“Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of
four (4) years (“Exhibition Period”) consisting of two window periods. The first window
period shall
commence on November 01, 2008 and end on March 31, 2009. The second window period shall
commence on March 31, 2011 and end on October 31, 2014.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and
Canada and their respective territories and possessions, including Puerto Rico, Guam and the
U.S.
Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and carriers
flying the flags
of the foregoing countries.

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5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to Telecast
the Program in the languages licensed hereunder on any and all Telecast Service(s) which
is and/or
are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast
Service”). Such Telecast Service may be advertiser supported and/or accept and
disclose on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term “standard television” means all
forms of “free
broadcast television.” The term “non-standard television” means all other forms of
“television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically capable
of being limited
to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive and
delayed
exhibition), now known or hereafter devised by which a television signal is or may be
delivered
(including but not limited to analog, digital and HDTV). HERE shall have the exclusive
right, in the
Territory to promote, market, and advertise the Telecast of the Program on the Telecast
Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses during
the Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at its
sole option,
shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the Territory
during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast or
otherwise exhibit, or authorize, cause, or permit any other person or entity to Telecast
or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television, including
via any
transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise
exploited in any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast the
Program and all elements thereof throughout the world, regardless of location, on any
and all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or
owned services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment centers,
cruise ships,
hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere in
both standard and nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in standard
and nonstandard television, including Internet distribution, during the Term.

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8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of US$25,000, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the
Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the first
Telecast of the
Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following the
first Telecast of the
Program in the Territory; and

(d) In
the event the Term is extended pursuant to Paragraph 2 above, the fee for such extension shall be $12,500 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”) as
more fully set forth in
Exhibit A, attached hereto and forming a part hereof. Timely delivery of the Deliverables
shall be of
the essence of the Agreement. Licensor shall be responsible for the expense of shipping
Deliverables
from Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only unless
otherwise
specified herein) existing slides, photos and other publicity and promotional
materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto and of
which Licensor
informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S
preference for original color slides and agrees to use best efforts to furnish
same to HERE.
To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120) days
prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is grounds
for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the
purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs
by all means and/or media (including, but not limited to the Internet) in the
Language specified
herein;

     (d) The right to create television promotional spots featuring segments (not to
exceed four (4) minutes each) of the Program and the right to engage in
commercial or

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promotional tie-ins with sponsors of the Program or the Telecast Service, subject
to any restrictions or obligations contained in the talent agreements and notified
by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness and/or
voice of, and biographical information relating to, anyone who rendered services
in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct
endorsement of any
product or Telecast Service other than the Telecast Service referred to in this
Agreement, and
subject to any applicable guild and third party contractual restrictions of which
Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual
restrictions
shall not constitute a material breach of this Agreement; and

     (f)
The right to submit the Program or portions thereof for awards consideration within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has the
right to enter
into this Agreement, to grant all rights (including but not limited to grand rights) granted
herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising use of
the Program or
any part thereof as provided herein shall not violate the rights of any third party or cause
HERE to
have any financial liability whatsoever, except for the License Fee set forth herein and
payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by Licensor
herein, or any promotional use by HERE of the Program or any elements thereof, in any
manner in any media (but not as a direct endorsement of any product), including without
limitation, clips, photographs and music. HERE shall similarly indemnify and hold harmless
Licensor for any breach of any warranty or representation of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional insured
with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an endorsement
to
the policy evidencing such coverage prior to the commencement of principal photography of the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million, shall be
obtained
prior to the commencement of principal photography of the Program with no exclusions from an
entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that HERE
also may
have its own insurance coverage. As a condition to HERE’S obligations under this Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance with
the laws of
the State of California applicable to contracts entered into and fully to be performed
therein. Licensor
hereby consents and submits to the jurisdiction of the federal and state courts located in
the State of
California, and any action or suit under this Agreement may be brought in any federal or
state court
with appropriate jurisdiction over the subject matter established or sitting in the State of
California.

15. Assignment: This Agreement will be binding upon and will inure to the benefit
of the parties hereto and their respective successors and permitted assigns. Licensor may not assign,
license or

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otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive
payment hereunder to any third party. HERE may assign any or all of its rights and
obligations under this Agreement for purposes of distribution of the Program, or in
connection with a merger or sale of the assets of HERE, as long as assignee assumes all of
the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its sole
and absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein,
Licensor shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever
prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any
preceding or succeeding breach hereof. Notwithstanding any other provision of this
Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement
shall be an
action at law for damages and Licensor acknowledges that such damages are fully adequate to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall Licensor
seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A fully
executed copy of the Agreement will be sent to you thereafter.

Very truly yours,

HERE NETWORKS L.L.C.

			
	By:	 	
 

			
	Its:	 	
 

AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

			
	By:	 	
 

			
	Its:	 	
 

      

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EXHIBIT A

DELIVERY SCHEDULE

Attached
to and forming a part of the Agreement dated as of April 9, 2007,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

A. HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and any
promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the following
technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita Studios,
Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the
following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 

· 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV)
with continuous time code and control track from the beginning of tape leader to the
end.

ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at OdB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects
only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color bars video level
and audio
tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds;
time code: 00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds;
time code: 00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration;
duration: 10 seconds; time code: 00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or
0.0mV for digital) duration: 10 seconds; time code: 00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO NOT include
ratings, disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should start at TC 01:00:00:00; tape #2 should start at TC
02:00:00:00

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	6.	 	HP videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate Interlaced;
referenced to 59.94HZ
(Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo
music & effects only
(Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to the
HD video stream at the
29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency

	 
	 	•	 	Production center
	 
	 	•	 	Program title

	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production

	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure, then
HERE shall have the option to (i) terminate this Agreement with no further liability or
obligation to Licensor, or (ii) create or cure the defective elements and charge the
cost thereof to Licensor.
	 
	B.	 	OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs
including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and poster
art; captioned host/star/director head shots all in the highest resolution available on all of the
following formats available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the title and a brief description of the Program’s topic and content), a complete list of
cast and credits, and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each
musical composition contained within the Program, the title, type of use, duration of use
and the names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on diskette in
Word 4.0 format of a
statement of credits applicable to the Program setting forth the names and credit
obligations of
Licensor with regard to all persons to whom Licensor is contractually obligated to accord
credit on the
screen, in any paid advertising.

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Here
Networks L.L.C.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of April 24, 2008

Regent Worldwide Sales L.L.C.
 on
behalf of Convergent Funding, LLC
 10990 Wilshire Boulevard,Suite 1150
 Los Angeles, CA 90024

     Re: KISS THE BRIDE

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled KISS THE BRIDE (the “Program”) for
exhibition on Here Networks program services (“Here Networks”). For good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the parties
have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: KISS THE BRIDE
(running time 115 minutes inclusive of main and end titles).

     (a) The Program shall be produced, recorded (not dubbed) and delivered in the English
language and available in hi-definition, digi-beta or beta sp video elements in
accordance with
the technical specifications of HERE’s standard delivery schedule attached hereto as
Exhibit
“A;” and

     (b) Shall be completely finished, fully edited and titled, and fully synchronized with
language,
dialogue, sound and music, recorded with sound equipment pursuant to valid licenses,
and in
all respects ready, and of a technical quality adequate for general first-class
Telecast (as
defined below in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the
Exhibition Period as set forth in Paragraph 3 hereof (“Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year Exhibition
Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of
four (4) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE of all
of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and
Canada and their respective territories and possessions, including Puerto Rico, Guam and the
U.S.
Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and carriers
flying the
flags
of the foregoing countries.

KISS THE BRIDE

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5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to Telecast
the Program in the languages licensed hereunder on any and all Telecast Service(s) which
is and/or
are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast
Service”). Such Telecast Service may be advertiser supported and/or accept and
disclose on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term “standard television” means all
forms of “free
broadcast television.” The term “non-standard television” means all other forms of
“television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically capable
of being limited
to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive and
delayed
exhibition), now known or hereafter devised by which a television signal is or may be
delivered
(including but not limited to analog, digital and HDTV). HERE shall have the exclusive
right, in the
Territory to promote, market, and advertise the Telecast of the Program on the Telecast
Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses during
the Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at its
sole option,
shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the Territory
during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast or
otherwise exhibit, or authorize, cause, or permit any other person or entity to Telecast
or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television, including
via any
transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise
exploited in
any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast the
Program and all elements thereof throughout the world, regardless of location, on any
and all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or
owned services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment centers,
cruise ships,
hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere in
both standard and nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in standard
and nonstandard television, including Internet distribution, during the Term.

KISS THE BRIDE

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8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of US$35,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the
Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the first
Telecast of the
Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following the
first Telecast of the
Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for such
extension shall be $17,500 (“Extension Fee”),

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”) as
more fully set forth in
Exhibit A, attached hereto and forming a part hereof. Timely delivery of the Deliverables
shall be of
the essence of the Agreement. Licensor shall be responsible for the expense of shipping
Deliverables
from Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with
respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only unless
otherwise
specified herein) existing slides, photos and other publicity and
promotional materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto and of
which Licensor
informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S
preference for original color slides and agrees to use best efforts to furnish
same to HERE.
To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120) days
prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is grounds
for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the
purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs
by all means and/or media (including, but not limited to the Internet) in the
Language specified
herein;

     (d) The right to create television promotional spots featuring segments (not to
exceed four (4) minutes each) of the Program and the right to engage in
commercial or

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promotional tie-ins with sponsors of the Program or the Telecast Service, subject to
any restrictions or obligations contained in the talent agreements and notified by
Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness and/or
voice of, and biographical information relating to, anyone who rendered services
in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct
endorsement of any
product or Telecast Service other than the Telecast Service referred to in this
Agreement, and
subject to any applicable guild and third party contractual restrictions of which
Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards consideration
within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all available
promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has the
right to enter
into this Agreement, to grant all rights (including but not limited to grand rights) granted
herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising use of
the Program or
any part thereof as provided herein shall not violate the rights of any third party or cause
HERE to
have any financial liability whatsoever, except for the License Fee set forth herein and
payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by Licensor
herein, or any promotional use by HERE of the Program or any elements thereof, in any
manner in any media (but not as a direct endorsement of any product), including without
limitation, clips, photographs and music. HERE shall similarly indemnify and hold harmless
Licensor for any breach of any warranty or representation of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional insured
with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an endorsement
to
the policy evidencing such coverage prior to the commencement of principal photography of the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million, shall be
obtained
prior to the commencement of principal photography of the Program with no exclusions from an
entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that HERE
also may
have its own insurance coverage. As a condition to HERE’s obligations under this Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance with
the laws of
the State of California applicable to contracts entered into and fully to be performed
therein. Licensor
hereby consents and submits to the jurisdiction of the federal and state courts located in
the State of
California, and any action or suit under this Agreement may be brought in any federal or
state court
with appropriate jurisdiction over the subject matter established or sitting in the State of
California.

15. Assignment: This Agreement will be binding upon and will inure to the benefit
of the parties
hereto and their respective successors and permitted assigns. Licensor may not assign,
license or

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otherwise transfer its rights and/or obligations under this Agreement, in whole or in part, to any
person or entity, provided however that Licensor may assign the right to receive payment hereunder
to any third party. HERE may assign any or all of its rights and obligations under this Agreement
for purposes of distribution of the Program, or in connection with a merger or sale of the assets
of HERE, as long as assignee assumes all of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its sole and
absolute discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein, Licensor
shall not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever prior to the expiration of the Term, unless with the consent of both parties in
writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a waiver of
any preceding or succeeding breach hereof. Notwithstanding any other provision of this Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement shall be
an action at law for damages and Licensor acknowledges that such damages are fully adequate to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall Licensor seek or
be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first written above
and return all copies of the Agreement to HERE for countersignature. A fully executed copy of the
Agreement will be sent to you thereafter.

Very truly yours,

HERE NETWORKS L.L.C.

			
	By:	 	
 

			
	Its:	 	Executive Vice President
 

AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

			
	By:	 	
 

			
	Its:	 	Vice President
 

      

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EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of April 24, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

A. HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and any
promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the following
technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality master
available in the
following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV)
with continuous time code and control track from the beginning of tape leader to the
end.
ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color bars
video level and audio
tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time
code: 00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time
code: 00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time
code: 00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings,
disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should
start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

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	6.	 	HP videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate Interlaced;
referenced to 59.94HZ
(Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo
music & effects only
(Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to the
HD video stream at the
29.97 frame rate.
	 
	 	•	 	HP Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical specifications.
If the master does not meet the technical specifications or is otherwise defective, HERE
shall give notice to Licensor, including a list of any defective elements. Licensor
shall have ten (10) business days from receipt of notice to cure the defects and
redeliver the master videotape. If Licensor does not cure, then HERE shall have the
option to (i) terminate this Agreement with no further liability or obligation to
Licensor, or (ii) create or cure the defective elements and charge the cost thereof to
Licensor.
	 
	B.	 	OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs
including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and poster
art; captioned
host/star/director head shots all in the highest resolution available on all of the
following formats
available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the
title and a brief description of the Program’s topic and content), a complete list of
cast and credits,
and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each
musical composition contained within the Program, the title, type of use, duration of use
and the
names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on diskette in
Word 4.0 format of a
statement of credits applicable to the Program setting forth the names and credit
obligations of
Licensor with regard to all persons to whom Licensor is contractually obligated to accord
credit on the
screen, in any paid advertising.

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Here Networks L.L.C.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of May 2, 2008

Regent Worldwide Sales L.L.C. on

behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

     Re: POLAR OPPOSITES

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES L.L.C.
on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE NETWORKS
L.L.C. (“HERE”) the motion picture entitled POLAR OPPOSITES (the “Program”) for exhibition
on Here Networks program services (“Here Networks”). For good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged, the parties have agreed to the
following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: POLAR OPPOSITES
(running time 101 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the English
language and available in hi-definition, digi-beta or beta sp video elements in
accordance with
the technical specifications of HERE’s standard delivery schedule attached hereto as
Exhibit
“A;” and

(b) Shall be completely finished, fully edited and titled, and fully synchronized
with language,
dialogue, sound and music, recorded with sound equipment pursuant to valid licenses,
and in
all respects ready, and of a technical quality adequate for general first-class
Telecast (as
defined below in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the
Exhibition Period as set forth in Paragraph 3 hereof (“Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of
four (4) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE of all
of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and
Canada and their respective territories and possessions, including Puerto Rico, Guam and the
U.S.
Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and carriers
flying the flags
of the foregoing countries.

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POLAR OPPOSITES

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to Telecast
the Program in the languages licensed hereunder on any and all Telecast Service(s) which
is and/or
are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast
Service”). Such Telecast Service may be advertiser supported and/or accept and
disclose on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term “standard television” means all
forms of “free
broadcast television.” The term “non-standard television” means all other forms of
“television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically capable
of being limited
to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive and
delayed
exhibition), now known or hereafter devised by which a television signal is or may be
delivered
(including but not limited to analog, digital and HDTV). HERE shall have the exclusive
right, in the
Territory to promote, market, and advertise the Telecast of the Program on the Telecast
Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses during
the Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at its
sole option,
shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the Territory
during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast or
otherwise exhibit, or authorize, cause, or permit any other person or entity to Telecast
or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television, including
via any
transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise
exploited in
any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast the
Program and all elements thereof throughout the world, regardless of location, on any
and all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or
owned services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment centers,
cruise ships,
hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere in
both standard and
nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in standard
and nonstandard
television, including Internet distribution, during the Term.

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POLAR OPPOSITES

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of
US$50,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the
Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the first
Telecast of the
Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following the
first Telecast of the
Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for such
extension shall be $25,000 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”) as
more fully set forth in
Exhibit A, attached hereto and forming a part hereof. Timely delivery of the Deliverables
shall be of
the essence of the Agreement. Licensor shall be responsible for the expense of shipping
Deliverables
from Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with
respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish,
without the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only unless
otherwise
specified herein) existing slides, photos and other publicity and promotional
materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto and of
which Licensor
informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S
preference for original color slides and agrees to use best efforts to furnish
same to HERE.
To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120) days
prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is
grounds for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the
purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs
by all means and/or media (including, but not limited to the Internet) in the
Language specified
herein;

     (d) The right to create television promotional spots featuring segments (not to
exceed four (4) minutes each) of the Program and the right to engage in
commercial or

3

POLAR OPPOSITES

 

promotional tie-ins with sponsors of the Program or the Telecast Service, subject
to any restrictions or obligations contained in the talent agreements and notified
by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness and/or
voice of, and biographical information relating to, anyone who rendered services
in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct
endorsement of any
product or Telecast Service other than the Telecast Service referred to in this
Agreement, and
subject to any applicable guild and third party contractual restrictions of which
Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards consideration
within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has the
right to enter
into this Agreement, to grant all rights (including but not limited to grand rights) granted
herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising use of
the Program or
any part thereof as provided herein shall not violate the rights of any third party or cause
HERE to
have any financial liability whatsoever, except for the License Fee set forth herein and
payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by Licensor
herein, or any promotional use by HERE of the Program or any elements thereof, in any
manner in any media (but not as a direct endorsement of any product), including without
limitation, clips, photographs and music. HERE shall similarly indemnify and hold harmless
Licensor for any breach of any warranty or representation of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional insured
with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an endorsement
to
the policy evidencing such coverage prior to the commencement of principal photography of the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million, shall be
obtained
prior to the commencement of principal photography of the Program with no exclusions from an
entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that HERE
also may
have its own insurance coverage. As a condition to HERE’S obligations under this Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance with
the laws of
the State of California applicable to contracts entered into and fully to be performed
therein. Licensor
hereby consents and submits to the jurisdiction of the federal and state courts located in
the State of
California, and any action or suit under this Agreement may be brought in any federal or
state court
with appropriate jurisdiction over the subject matter established or sitting in the State of
California.

15. Assignment: This Agreement will be binding upon and will inure to the benefit
of the parties
hereto and their respective successors and permitted assigns. Licensor may not assign,
license or

4

POLAR OPPOSITES

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party. HERE may assign any or all of its rights and
obligations under this Agreement for purposes of distribution of the Program, or in
connection with a merger or sale of the assets of HERE, as long as assignee assumes all of
the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its sole
and absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein,
Licensor shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever
prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any
preceding or succeeding breach hereof. Notwithstanding any other provision of this
Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement shall
be an
action at law for damages and Licensor acknowledges that such damages are fully adequate to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall Licensor
seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A fully
executed copy of the Agreement will be sent to you thereafter.

Very truly yours,

HERE NETWORKS L.L.C.

			
	By:	 	
 

			
	Its:	 	Executive Vice President
 

AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

			
	By:	 	
 

			
	Its:	 	Vice President
 

      

5

POLAR OPPOSITES

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of May 2, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

A. HERE PROGRAM AND
TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and any
promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the following
technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita Studios,
Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality master
available in the
following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV)
with continuous time code and control track from the beginning of tape leader to the
end.
ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music &
effects only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color
bars video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time
code: 00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time
code: 00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time
code: 00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings,
disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should
start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

6

POLAR OPPOSITES

 

	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate
Interlaced; referenced to
59.94HZ
(Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo
music & effects only
(Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to the
HD video stream at the
29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure, then
HERE shall have the option to (i) terminate this Agreement with no further liability or
obligation to Licensor, or (ii) create or cure the defective elements and charge the
cost thereof to Licensor.
	 
	B.	 	OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wiishire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print materials
relate to the Programs
including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and poster
art; captioned
host/star/director head shots all in the highest resolution available on all of the
following formats
available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the
title and a brief description of the Program’s topic and content), a complete list of
cast and credits,
and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each
musical composition contained within the Program, the title, type of use, duration of use
and the
names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on diskette in
Word 4.0 format of a
statement of credits applicable to the Program setting forth the names and credit
obligations of
Licensor with regard to all persons to whom Licensor is contractually obligated to accord
credit on the
screen, in any paid advertising.

7

POLAR OPPOSITES

 

Here
Networks L.L.C.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone:310-806-4288

Fax:310-806-4268

As of May 9, 2008

Regent Worldwide Sales
L.L.C.
 on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard,

Suite 1150
 Los Angeles, CA 90024

     Re: HOUSE OF USHER

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled HOUSE OF USHER (the “Program”) for
exhibition on Here Networks program services (“Here Networks”). For good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the parties
have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: HOUSE OF
USHER
(running time [TBD] minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the English
language and available in hi-definition, digi-beta or beta sp video elements in
accordance with
the technical specifications of HERE’s standard delivery schedule attached hereto as
Exhibit
“A:” and

(b) Shall be completely finished, fully edited and titled, and fully synchronized
with language,
dialogue, sound and music, recorded with sound equipment pursuant to valid licenses,
and in
all respects ready, and of a technical quality adequate for general first-class
Telecast (as
defined below in paragraph 5(b) in the Territory.

	2.	 	Term: The term of this agreement shall commence on the date hereof and continue
throughout the
Exhibition Period as set forth in Paragraph 3 hereof (“Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as defined in
subparagraph 8(d) hereof (“Extended Term”).
	 
	3.	 	Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of
four (4) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE of all
of the
Programs.
	 
	4.	 	Territory: HERE shall have the exclusive right to telecast the Program in the
United States and
Canada and their respective territories and possessions, including Puerto Rico, Guam and the
U.S. Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and carriers
flying the flags
of the foregoing countries.

HOUSE OF USHER

1

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to Telecast
the Program in the languages licensed hereunder on any and all Telecast Service(s) which
is and/or
are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast
Service”), Such Telecast Service may be advertiser supported and/or accept and
disclose on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term “standard television” means all
forms of “free
broadcast television.” The term “non-standard television” means all other forms of
“television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically capable
of being limited
to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive and
delayed
exhibition), now known or hereafter devised by which a television signal is or may be
delivered
(including but not limited to analog, digital and HDTV). HERE shall have the exclusive
right, in the
Territory to promote, market, and advertise the Telecast of the Program on the Telecast
Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses during
the Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at its
sole option,
shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the Territory
during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast or
otherwise exhibit, or authorize, cause, or permit any other person or entity to Telecast
or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television, including
via any
transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise
exploited in any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast the
Program and all elements thereof throughout the world, regardless of location, on any
and all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or
owned services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment centers,
cruise ships,
hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere in
both standard and
nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in standard
and nonstandard
television, including Internet distribution, during the Term.

HOUSE OF USHER

2

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of US$35,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the
Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the first
Telecast of the
Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following the
first Telecast of the
Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for such
extension shall be $17,500 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”) as
more fully set forth in
Exhibit A, attached hereto and forming a part hereof. Timely delivery of the Deliverables
shall be of
the essence of the Agreement. Licensor shall be responsible for the expense of shipping
Deliverables
from Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with
respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish,
without the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only unless
otherwise
specified herein) existing slides, photos and other publicity and promotional
materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto and of
which Licensor
informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S
preference for original color slides and agrees to use best efforts to furnish
same to HERE.
To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120) days
prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is grounds
for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the
purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs
by all means and/or media (including, but not limited to the Internet) in the
Language specified
herein;

     (d) The right to create television promotional spots featuring segments (not to
exceed four (4) minutes each) of the Program and the right to engage in
commercial or

HOUSE OF USHER

3

 

promotional tie-ins with sponsors of the Program or the Telecast Service, subject
to any restrictions or obligations contained in the talent agreements and notified
by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness and/or
voice of, and biographical information relating to, anyone who rendered services
in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct
endorsement of any
product or Telecast Service other than the Telecast Service referred to in this
Agreement, and
subject to any applicable guild and third party contractual restrictions of which
Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards consideration
within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has the
right to enter
into this Agreement, to grant all rights (including but not limited to grand rights) granted
herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising use of
the Program or
any part thereof as provided herein shall not violate the rights of any third party or cause
HERE to
have any financial liability whatsoever, except for the License Fee set forth herein and
payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by Licensor
herein, or any promotional use by HERE of the Program or any elements thereof, in any
manner in any media (but not as a direct endorsement of any product), including without
limitation, clips, photographs and music. HERE shall similarly indemnify and hold
harmless Licensor for any breach of any warranty or representation of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional insured
with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an endorsement
to
the policy evidencing such coverage prior to the commencement of principal photography of the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million, shall be
obtained
prior to the commencement of principal photography of the Program with no exclusions from an
entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that HERE
also may
have its own insurance coverage. As a condition to HERE’S obligations under this Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance with
the laws of
the State of California applicable to contracts entered into and fully to be performed
therein. Licensor
hereby consents and submits to the jurisdiction of the federal and state courts located in
the State of
California, and any action or suit under this Agreement may be brought in any federal or
state court
with appropriate jurisdiction over the subject matter established or sitting in the State of
California.

15. Assignment: This Agreement will be binding upon and will inure to the benefit
of the parties
hereto and their respective successors and permitted assigns. Licensor may not assign,
license or

HOUSE OF USHER

4

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in part, to any
person or entity, provided however that Licensor may assign the right to receive payment hereunder
to any third party. HERE may assign any or all of its rights and obligations under this Agreement
for
purposes of distribution of the Program, or in connection with a merger or sale of the assets of
HERE, as long as assignee assumes all of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its sole and
absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and conditions
hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein, Licensor
shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever
prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a waiver of
any
preceding or succeeding breach hereof. Notwithstanding any other provision of this Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement shall be
an
action at law for damages and Licensor acknowledges that such damages are fully adequate to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall Licensor seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first written above
and return all copies of the Agreement to HERE for countersignature. A fully executed copy of the
Agreement will be sent to you thereafter.

Very truly yours,

HERE NETWORKS L.L.C.

			
	By:	 	
 

			
	Its:	 	Executive Vice President
 

AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

			
	By:	 	
 

			
	Its:	 	Vice President
 

      

HOUSE OF USHER

5

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of May 9, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

A. HERE PROGRAM AND
TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and any
promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the following
technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita Studios,
Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality master
available in the
following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black analog
7.5 IRE; digital 0.0mV)
with continuous time code and control track from the beginning of tape leader to the end.
ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music &
effects only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color
bars video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings,
disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should
start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

HOUSE OF USHER

6

 

	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate Interlaced;
referenced to 59.94HZ
(Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo
music & effects only
(Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to the
HD video stream at the
29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure, then
HERE shall have the option to (i) terminate this Agreement with no further liability or
obligation to Licensor, or (ii) create or cure the defective elements and charge the
cost thereof to Licensor.
	 
	B.	 	OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print materials
relate to the Programs including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and poster
art; captioned
host/star/director head shots all in the highest resolution available on all of the
following formats
available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the
title and a brief description of the Program’s topic and content), a complete list of
cast and credits, and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each musical composition contained within the Program, the title,
type of use, duration of use and the names of the composer, lyricist, publisher,
copyright proprietor and performing rights society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on diskette
in Word 4.0 format of a statement of credits applicable to the Program setting forth
the names and credit obligations of Licensor with regard to all persons to whom
Licensor is contractually obligated to accord credit on the screen, in any paid
advertising.

HOUSE OF USHER

7

 

Here Networks L.L.C.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of May 14, 2008

Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

          Re: VIVERE

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE NETWORKS L.L.C. (“HERE”) the motion picture entitled VIVERE (the “Program”) for
exhibition on Here Networks program services (“Here Networks”). For good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the parties
have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: VIVERE (running
time 97 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the English
language and available in hi-definition, digi-beta or beta sp video elements in
accordance with
the technical specifications of HERE’s standard delivery schedule attached hereto as
Exhibit
“A;” and

(b) Shall be completely finished, fully edited and titled, and fully synchronized with
language,
dialogue, sound and music, recorded with sound equipment pursuant to valid licenses,
and in
all respects ready, and of a technical quality adequate for general first-class
Telecast (as
defined below in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue throughout
the
Exhibition Period as set forth in Paragraph 3 hereof (“Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year Exhibition
Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of four (4) years (“Exhibition Period”) commencing no later than the
earlier of the first Telecast of the Program in the Territory or 6 months from complete
delivery to and acceptance by HERE of all of the Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and Canada and their respective territories and possessions, including
Puerto Rico, Guam and the U.S. Virgin Islands (“Territory”) and military bases, embassies,
ships, aircrafts and carriers flying the flags of the foregoing countries.

VIVERE

1

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to Telecast
the Program in the languages licensed hereunder on any and all Telecast Service(s) which
is and/or
are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast
Service”). Such Telecast Service may be advertiser supported and/or accept and disclose
on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term “standard television” means all forms
of “free
broadcast television.” The term “non-standard television” means all other forms of
“television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically capable
of being limited
to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive and
delayed
exhibition), now known or hereafter devised by which a television signal is or may be
delivered
(including but not limited to analog, digital and HDTV). HERE shall have the exclusive
right, in the
Territory to promote, market, and advertise the Telecast of the Program on the Telecast
Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses during the
Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at its
sole option,
shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the Territory
during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast or
otherwise exhibit, or authorize, cause, or permit any other person or entity to Telecast
or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television, including
via any
transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise exploited
in any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast the
Program and all elements thereof throughout the world, regardless of location, on any and
all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or owned
services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment centers,
cruise ships,
hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere in
both standard and nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in standard
and nonstandard television, including Internet distribution, during the Term.

VIVERE

2

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of
US$20,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the first
Telecast of the Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following the
first Telecast of the Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for such extension shall be $10,000 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”) as
more fully set forth in
Exhibit A, attached hereto and forming a part hereof. Timely delivery of the
Deliverables shall be of
the essence of the Agreement. Licensor shall be responsible for the expense of shipping
Deliverables
from Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only unless
otherwise
specified herein) existing slides, photos and other publicity and promotional
materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto and of
which Licensor
informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S
preference for original color slides and agrees to use best efforts to furnish
same to HERE.
To the extent reasonably practical, said Advertising Materials shall be delivered
to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120) days
prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is grounds
for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for the purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the Programs
by all means and/or media (including, but not limited to the Internet) in the
Language specified
herein;

     (d) The right to create television promotional spots featuring segments (not to
exceed four (4) minutes each) of the Program and the right to engage in commercial
or

VIVERE

3

 

promotional tie-ins with sponsors of the Program or the Telecast Service, subject to
any restrictions or obligations contained in the talent agreements and notified by
Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness and/or
voice of, and biographical information relating to, anyone who rendered services
in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct endorsement
of any
product or Telecast Service other than the Telecast Service referred to in this
Agreement, and
subject to any applicable guild and third party contractual restrictions of which
Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards consideration within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all available
promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has the
right to enter
into this Agreement, to grant all rights (including but not limited to grand rights) granted
herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising use of the
Program or
any part thereof as provided herein shall not violate the rights of any third party or cause
HERE to
have any financial liability whatsoever, except for the License Fee set forth herein and
payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by Licensor
herein, or any promotional use by HERE of the Program or any elements thereof, in any
manner in any media (but not as a direct endorsement of any product), including without
limitation, clips, photographs and music. HERE shall similarly indemnify and hold harmless
Licensor for any breach of any warranty or representation of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional insured
with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an endorsement
to
the policy evidencing such coverage prior to the commencement of principal photography of the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million, shall be
obtained
prior to the commencement of principal photography of the Program with no exclusions from an
entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that HERE
also may
have its own insurance coverage. As a condition to HERE’s obligations under this Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance with
the laws of
the State of California applicable to contracts entered into and fully to be performed
therein. Licensor
hereby consents and submits to the jurisdiction of the federal and state courts located in the
State of
California, and any action or suit under this Agreement may be brought in any federal or state
court
with appropriate jurisdiction over the subject matter established or sitting in the State of
California.

15. Assignment: This Agreement will be binding upon and will inure to the benefit
of the parties
hereto and their respective successors and permitted assigns. Licensor may not assign,
license or

VIVERE

4

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party. HERE may assign any or all of its rights and
obligations under this Agreement for purposes of distribution of the Program, or in
connection with a merger or sale of the assets of HERE, as long as assignee assumes all of
the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its sole
and absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein,
Licensor shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever
prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any
preceding or succeeding breach hereof. Notwithstanding any other provision of this
Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement shall
be an
action at law for damages and Licensor acknowledges that such damages are fully adequate to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall Licensor
seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A fully
executed copy of the Agreement will be sent to you thereafter.

Very truly yours,

HERE NETWORKS L.L.C.

			
	By:	 	
 

			
	Its:	 	Executive Vice President
 

AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

			
	By:	 	
 

			
	Its:	 	Vice President
 

      

VIVERE

5

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of May 14, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES

A. HERE PROGRAM AND
TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and any
promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the following
technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita Studios,
Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality master
available in the
following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black analog
7.5 IRE; digital 0.0mV)
with continuous time code and control track from the beginning of tape leader to the end. ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous
control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at OdB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music &
effects only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color
bars video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings,
disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should
start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

VIVERE

6

 

	6.	 	HP videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate
Interlaced; referenced to 59.94HZ
(Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo
music & effects only
(Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to the HD
video stream at the
29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical specifications.
If the master does not meet the technical specifications or is otherwise defective, HERE
shall give notice to Licensor, including a list of any defective elements. Licensor
shall have ten (10) business days from receipt of notice to cure the defects and
redeliver the master videotape. If Licensor does not cure, then HERE shall have the
option to (i) terminate this Agreement with no further liability or obligation to
Licensor, or (ii) create or cure the defective elements and charge the cost thereof to
Licensor.

B. OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print materials
relate to the Programs including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and poster art;
captioned
host/star/director head shots all in the highest resolution available on all of the
following formats
available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the Program
(including the
title and a brief description of the Program’s topic and content), a complete list of
cast and credits,
and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each
musical composition contained within the Program, the title, type of use, duration of use
and the
names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any

	3.	 	Credit Statement: One (1) original typewritten copy with a copy on diskette in
Word 4.0 format of a
statement of credits applicable to the Program setting forth the names and credit
obligations of
Licensor with regard to all persons to whom Licensor is contractually obligated to accord
credit on the
screen, in any paid advertising.

VIVERE

7

 

Here Networks L.L.C.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of May 28, 2008

Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

     Re: SOLAR FLARE

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled SOLAR FLARE (the “Program”) for
exhibition on Here Networks program services (“Here Networks”). For good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the parties
have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: SOLAR FLARE
(running time 101 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the English
language and available in hi-definition, digi-beta or beta sp video elements in
accordance with
the technical specifications of HERE’s standard delivery schedule attached hereto as
Exhibit
“A;” and

(b) Shall be completely finished, fully edited and titled, and fully synchronized with
language,
dialogue, sound and music, recorded with sound equipment pursuant to valid licenses,
and in
all respects ready, and of a technical quality adequate for general first-class
Telecast (as
defined below in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the
Exhibition Period as set forth in Paragraph 3 hereof (“Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year Exhibition
Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of
four (4) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE of all
of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and
Canada and their respective territories and possessions, including Puerto Rico, Guam and the
U.S.
Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and carriers
flying the flags
of the foregoing countries.

SOLAR FLARE

1

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to Telecast
the Program in the languages licensed hereunder on any and all Telecast Service(s) which
is and/or
are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast
Service”). Such Telecast Service may be advertiser supported and/or accept and disclose
on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term “standard television” means all forms
of “free
broadcast television.” The term “non-standard television” means all other forms of
“television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically capable
of being limited
to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive and
delayed
exhibition), now known or hereafter devised by which a television signal is or may be
delivered
(including but not limited to analog, digital and HDTV). HERE shall have the exclusive
right, in the
Territory to promote, market, and advertise the Telecast of the Program on the Telecast
Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses during the
Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at its
sole option,
shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the Territory
during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast or
otherwise exhibit, or authorize, cause, or permit any other person or entity to Telecast
or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television, including
via any
transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise exploited
in any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast the
Program and all elements thereof throughout the world, regardless of location, on any and
all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or owned
services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment centers,
cruise ships,
hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere in
both standard and nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in standard
and nonstandard television, including Internet distribution, during the Term.

SOLAR FLARE

2

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of US$50,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the first
Telecast of the
Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following the
first Telecast of the
Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for such
extension shall be $25,000 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”) as
more fully set forth in
Exhibit A, attached hereto and forming a part hereof. Timely delivery of the Deliverables
shall be of
the essence of the Agreement. Licensor shall be responsible for the expense of shipping
Deliverables
from Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the following
rights with respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only unless
otherwise
specified herein) existing slides, photos and other publicity and promotional
materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto and of
which Licensor
informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S
preference for original color slides and agrees to use best efforts to furnish
same to HERE.
To the extent reasonably practical, said Advertising Materials shall be delivered
to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120) days
prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is grounds
for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for the
purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the Programs
by all means and/or media (including, but not limited to the Internet) in the
Language specified herein;

     (d) The right to create television promotional spots featuring segments (not to
exceed four (4) minutes each) of the Program and the right to engage in commercial
or

SOLAR FLARE

3

 

promotional tie-ins with sponsors of the Program or the Telecast Service, subject
to any restrictions or obligations contained in the talent agreements and notified
by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness and/or
voice of, and biographical information relating to, anyone who rendered services in
or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct endorsement
of any
product or Telecast Service other than the Telecast Service referred to in this
Agreement, and
subject to any applicable guild and third party contractual restrictions of which
Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards consideration
within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has the
right to enter
into this Agreement, to grant all rights (including but not limited to grand rights) granted
herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising use of the
Program or
any part thereof as provided herein shall not violate the rights of any third party or cause
HERE to
have any financial liability whatsoever, except for the License Fee set forth herein and
payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by Licensor
herein, or any promotional use by HERE of the Program or any elements thereof, in any
manner in any media (but not as a direct endorsement of any product), including without
limitation, clips, photographs and music. HERE shall similarly indemnify and hold harmless
Licensor for any breach of any warranty or representation of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional insured
with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an endorsement
to
the policy evidencing such coverage prior to the commencement of principal photography of the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million, shall be
obtained
prior to the commencement of principal photography of the Program with no exclusions from an
entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that HERE
also may
have its own insurance coverage. As a condition to HERE’s obligations under this Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance
with the laws of the State of California applicable to contracts entered into and fully to
be performed therein. Licensor hereby consents and submits to the jurisdiction of the
federal and state courts located in the State of California, and any action or suit under
this Agreement may be brought in any federal or state court with appropriate jurisdiction
over the subject matter established or sitting in the State of California.

15. Assignment: This Agreement will be binding upon and will inure to the benefit
of the parties hereto and their respective successors and permitted assigns. Licensor
may not assign, license or

SOLAR FLARE

4

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party. HERE may assign any or all of its rights
and obligations under this Agreement for purposes of distribution of the Program, or in
connection with a merger or sale of the assets of HERE, as long as assignee assumes all
of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its sole
and absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein,
Licensor shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever
prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a waiver of any
preceding or succeeding breach hereof. Notwithstanding any other provision of this
Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement shall
be an
action at law for damages and Licensor acknowledges that such damages are fully adequate to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall Licensor
seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

Very truly yours,

HERE NETWORKS L.L.C.

			
	By:	 	
 

			
	Its:	 	Executive Vice President
 

AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

			
	By:	 	
 

			
	Its:	 	Vice President
 

      

SOLAR FLARE

5

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of May 28, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES

A. HERE PROGRAM AND
TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and any
promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the following
technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita Studios,
Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality master
available in the
following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black analog
7.5 IRE; digital 0.0m V)
with continuous time code and control track from the beginning of tape leader to the end.
ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at OdB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1 & 2 complete stereo mix; Channel 3&4: stereo music & effects
only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color bars
video level and audio
tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings,
disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should
start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

SOLAR FLARE

6

 

	6.	 	HP videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate Interlaced;
referenced to 59.94HZ
(Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo
music & effects only
(Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to the HD
video stream at the
29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure, then
HERE shall have the option to (i) terminate this Agreement with no further liability or
obligation to Licensor, or (ii) create or cure the defective elements and charge the
cost thereof to Licensor.

B. OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print materials
relate to the Programs
including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and poster art;
captioned
host/star/director head shots all in the highest resolution available on all of the
following formats
available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the Program
(including the
title and a brief description of the Program’s topic and content), a complete list of
cast and credits,
and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each
musical composition contained within the Program, the title, type of use, duration of use
and the
names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any

	3.	 	Credit Statement: One (1) original typewritten copy with a copy on diskette in
Word 4.0 format of a
statement of credits applicable to the Program setting forth the names and credit
obligations of
Licensor with regard to all persons to whom Licensor is contractually obligated to accord
credit on the
screen, in any paid advertising.

SOLAR FLARE

7

 

Here Networks L.L.C.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of May 29, 2008

Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

			
	     Re:	 	ON THE OTHER HAND DEATH

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES L.L.C.
on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE NETWORKS
L.L.C. (“HERE”) the motion picture entitled ON THE OTHER HAND DEATH (the “Program”) for
exhibition on Here Networks program services (“Here Networks”). For good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the parties
have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: ON THE OTHER HAND DEATH (running time 86 to 102 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the English
language and available in hi-definition, digi-beta or beta sp video elements in
accordance with
the technical specifications of HERE’s standard delivery schedule attached hereto as
Exhibit
“A;” and

(b) Shall be completely finished, fully edited and titled, and fully synchronized with
language,
dialogue, sound and music, recorded with sound equipment pursuant to valid licenses,
and in
all respects ready, and of a technical quality adequate for general first-class
Telecast (as
defined below in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the
Exhibition Period as set forth in Paragraph 3 hereof (“Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year Exhibition
Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of
four (4) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE of all
of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and its
respective territories and possessions, including Puerto Rico, Guam and the U.S. Virgin
Islands
(“Territory”) and military bases, embassies, ships, aircrafts and carriers flying the flags of
the foregoing
countries.

ON THE OTHER HAND DEATH

1

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to Telecast
the Program in the languages licensed hereunder on any and all Telecast Service(s) which
is and/or
are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast
Service”). Such Telecast Service may be advertiser supported and/or accept and disclose
on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term “standard television” means all forms
of “free
broadcast television.” The term “non-standard television” means all other forms of
“television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically capable
of being limited
to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive and
delayed
exhibition), now known or hereafter devised by which a television signal is or may be
delivered
(including but not limited to analog, digital and HDTV). HERE shall have the exclusive
right, in the
Territory to promote, market, and advertise the Telecast of the Program on the Telecast
Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses during the
Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at its
sole option,
shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the Territory
during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast or
otherwise exhibit, or authorize, cause, or permit any other person or entity to Telecast
or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television, including
via any
transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise exploited
in any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast the
Program and all elements thereof throughout the world, regardless of location, on any and
all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or owned
services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment centers,
cruise ships,
hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere in
both standard and nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in standard
and nonstandard television, including Internet distribution, during the Term.

ON THE OTHER HAND DEATH

2

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of US$50,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the Program in the Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the first Telecast of the Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following the first Telecast of the Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for such extension shall be $25,000 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”) as
more fully set forth in
Exhibit A, attached hereto and forming a part hereof. Timely delivery of the Deliverables
shall be of
the essence of the Agreement. Licensor shall be responsible for the expense of shipping
Deliverables
from Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only unless
otherwise
specified herein) existing slides, photos and other publicity and promotional
materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto and of
which Licensor
informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S
preference for original color slides and agrees to use best efforts to furnish
same to HERE.
To the extent reasonably practical, said Advertising Materials shall be delivered
to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120) days
prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is grounds
for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for the purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the Programs
by all means and/or media (including, but not limited to the Internet) in the
Language specified
herein;

     (d) The right to create television promotional spots featuring segments (not to
exceed four (4) minutes each) of the Program and the right to engage in commercial or

ON THE OTHER HAND DEATH

3

 

promotional tie-ins with sponsors of the Program or the Telecast Service, subject to
any restrictions or obligations contained in the talent agreements and notified by
Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness and/or
voice of, and biographical information relating to, anyone who rendered services
in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct endorsement
of any
product or Telecast Service other than the Telecast Service referred to in this
Agreement, and
subject to any applicable guild and third party contractual restrictions of which
Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards consideration within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all available
promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has the
right to enter
into this Agreement, to grant all rights (including but not limited to grand rights) granted
herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising use of the
Program or
any part thereof as provided herein shall not violate the rights of any third party or cause
HERE to
have any financial liability whatsoever, except for the License Fee set forth herein and
payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by Licensor
herein, or any promotional use by HERE of the Program or any elements thereof, in any
manner in any media (but not as a direct endorsement of any product), including without
limitation, clips, photographs and music. HERE shall similarly indemnify and hold harmless
Licensor for any breach of any warranty or representation of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional insured
with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an endorsement
to
the policy evidencing such coverage prior to the commencement of principal photography of the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million, shall be
obtained
prior to the commencement of principal photography of the Program with no exclusions from an
entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that HERE
also may
have its own insurance coverage. As a condition to HERE’s obligations under this Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance with
the laws of
the State of California applicable to contracts entered into and fully to be performed
therein. Licensor
hereby consents and submits to the jurisdiction of the federal and state courts located in the
State of
California, and any action or suit under this Agreement may be brought in any federal or state
court
with appropriate jurisdiction over the subject matter established or sitting in the State of
California.

15. Assignment: This Agreement will be binding upon and will inure to the benefit
of the parties hereto and their respective successors and permitted assigns. Licensor may not assign, license or

ON THE OTHER HAND DEATH

4

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in part,
to any person or entity, provided however that Licensor may assign the right to receive
payment hereunder to any third party. HERE may assign any or all of its rights and
obligations under this Agreement for purposes of distribution of the Program, or in
connection with a merger or sale of the assets of HERE, as long as assignee assumes all of
the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its sole
and absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein,
Licensor shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever
prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any
preceding or succeeding breach hereof. Notwithstanding any other provision of this
Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement shall
be an
action at law for damages and Licensor acknowledges that such damages are fully adequate to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall Licensor
seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first written
above and return all copies of the Agreement to HERE for countersignature. A fully executed
copy of the Agreement will be sent to you thereafter.

Very truly yours,

HERE NETWORKS L.L.C.

			
	By:	 	

			
	Its:	 	Executive Vice President
 

AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

			
	By:	 	

			
	Its:	 	Vice President
 

 

ON THE OTHER HAND DEATH

5

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of May 29, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES

	A.	 	HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and any
promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the following
technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita Studios,
Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality master
available in the following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval

	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black analog
7.5 IRE; digital 0.0mV) with continuous time code and control track from the beginning of tape leader to the end. ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music &
effects only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color
bars video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital)
duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings, disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

ON THE OTHER HAND DEATH

6

 

	6.	 	HP videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate Interlaced; referenced to 59.94HZ (Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects only (Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to the HD video stream at the 29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure, then
HERE shall have the option to (i) terminate this Agreement with no further liability or
obligation to Licensor, or (ii) create or cure the defective elements and charge the
cost thereof to Licensor.

	B.	 	OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print materials
relate to the Programs including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and poster art;
captioned host/star/director head shots all in the highest resolution available on all of the
following formats available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the Program
(including the title and a brief description of the Program’s topic and content), a complete list of
cast and credits, and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each
musical composition contained within the Program, the title, type of use, duration of use
and the names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any

	3.	 	Credit Statement: One (1) original typewritten copy with a copy on diskette in
Word 4.0 format of a statement of credits applicable to the Program setting forth the names and credit
obligations of
Licensor with regard to all persons to whom Licensor is contractually obligated to accord
credit on the
screen, in any paid advertising.

ON THE OTHER HAND DEATH

7

 

Here Networks L.L.C.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of June 9, 2008

Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

			
	     Re:	 	ICE BLUES

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES L.L.C.
on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE NETWORKS
L.L.C. (“HERE”) the motion picture entitled ICE BLUES (the “Program”) for exhibition on
Here Networks program services (“Here Networks”). For good and valuable consideration, the
receipt and sufficiency of which is hereby acknowledged, the parties have agreed to the
following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: ICE BLUES
(running time 86 to 102 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the English
language and available in hi-definition, digi-beta or beta sp video elements in
accordance with
the technical specifications of HERE’s standard delivery schedule attached hereto as
Exhibit
“A;” and

(b) Shall be completely finished, fully edited and titled, and fully synchronized with
language,
dialogue, sound and music, recorded with sound equipment pursuant to valid licenses,
and in
all respects ready, and of a technical quality adequate for general first-class
Telecast (as
defined below in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the
Exhibition Period as set forth in Paragraph 3 hereof (“Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year Exhibition
Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of
four (4) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE of all
of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and its respective territories and possessions, including Puerto Rico, Guam
and the U.S. Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts
and carriers flying the flags of the foregoing countries.

ICE BLUES

1

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to Telecast
the Program in the languages licensed hereunder on any and all Telecast Service(s) which
is and/or
are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast
Service”). Such Telecast Service may be advertiser supported and/or accept and disclose
on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term “standard television” means all forms
of “free
broadcast television.” The term “non-standard television” means all other forms of
“television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically capable
of being limited
to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television,
pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive and
delayed
exhibition), now known or hereafter devised by which a television signal is or may be
delivered
(including but not limited to analog, digital and HDTV). HERE shall have the exclusive
right, in the
Territory to promote, market, and advertise the Telecast of the Program on the Telecast
Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses during the
Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at its
sole option,
shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the Territory
during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast or
otherwise exhibit, or authorize, cause, or permit any other person or entity to Telecast
or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television, including
via any
transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise exploited
in any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast the
Program and all elements thereof throughout the world, regardless of location, on any and
all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or owned
services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment centers,
cruise ships,
hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere in
both standard and nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in standard
and nonstandard television, including Internet distribution, during the Term.

ICE BLUES

2

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of US$50,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the first
Telecast of the Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following the
first Telecast of the Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for such extension shall be $25,000 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”) as
more fully set forth in
Exhibit A, attached hereto and forming a part hereof. Timely delivery of the Deliverables
shall be of
the essence of the Agreement. Licensor shall be responsible for the expense of shipping
Deliverables
from Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only unless
otherwise
specified herein) existing slides, photos and other publicity and
promotional materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto and of
which Licensor
informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S
preference for original color slides and agrees to use best efforts to furnish
same to HERE.
To the extent reasonably practical, said Advertising Materials shall be delivered
to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120) days
prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is grounds
for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for the purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the Programs
by all means and/or media (including, but not limited to the Internet) in the
Language specified
herein;

     (d) The right to create television promotional spots featuring segments (not to
exceed four (4) minutes each) of the Program and the right to engage in commercial or

ICE BLUES

3

 

promotional tie-ins with sponsors of the Program or the Telecast Service, subject to
any restrictions or obligations contained in the talent agreements and notified by
Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness and/or
voice of, and biographical information relating to, anyone who rendered services
in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct endorsement
of any
product or Telecast Service other than the Telecast Service referred to in this
Agreement, and
subject to any applicable guild and third party contractual restrictions of which
Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards consideration within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all available
promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has the
right to enter
into this Agreement, to grant all rights (including but not limited to grand rights) granted
herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising use of the
Program or
any part thereof as provided herein shall not violate the rights of any third party or cause
HERE to
have any financial liability whatsoever, except for the License Fee set forth herein and
payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by Licensor
herein, or any promotional use by HERE of the Program or any elements thereof, in any
manner in any media (but not as a direct endorsement of any product), including without
limitation, clips, photographs and music. HERE shall similarly indemnify and hold harmless
Licensor for any breach of any warranty or representation of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional insured
with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an endorsement
to
the policy evidencing such coverage prior to the commencement of principal photography of the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million, shall be
obtained
prior to the commencement of principal photography of the Program with no exclusions from an
entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that HERE
also may
have its own insurance coverage. As a condition to HERE’s obligations under this Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance with
the laws of
the State of California applicable to contracts entered into and fully to be performed
therein. Licensor
hereby consents and submits to the jurisdiction of the federal and state courts located in the
State of
California, and any action or suit under this Agreement may be brought in any federal or state
court
with appropriate jurisdiction over the subject matter established or sitting in the State of
California.

15. Assignment: This Agreement will be binding upon and will inure to the benefit
of the parties hereto and their respective successors and permitted assigns. Licensor may not assign,
license or

ICE BLUES

4

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in part,
to any person or entity, provided however that Licensor may assign the right to receive
payment hereunder to any third party. HERE may assign any or all of its rights and
obligations under this Agreement for purposes of distribution of the Program, or in
connection with a merger or sale of the assets of HERE, as long as assignee assumes all of
the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its sole
and absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein,
Licensor shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever
prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any
preceding or succeeding breach hereof. Notwithstanding any other provision of this
Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement shall
be an
action at law for damages and Licensor acknowledges that such damages are fully adequate to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall Licensor
seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first written
above and return all copies of the Agreement to HERE for countersignature. A fully executed
copy of the Agreement will be sent to you thereafter.

Very truly yours,

HERE NETWORKS L.L.C.

			
	By:	 	
 

			
	Its:	 	Executive Vice President
 

AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

			
	By:	 	
 

			
	Its:	 	Vice President
 

      

ICE BLUES

5

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of June 9, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES

	A.	 	HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and any
promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the following
technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita Studios,
Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality master
available in the following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP

	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval

	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black analog
7.5 IRE; digital 0.0mV) with continuous time code and control track from the beginning of tape leader to the end. ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color bars
video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings, disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

ICE BLUES

6

 

	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate Interlaced; referenced to 59.94HZ (Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo
music & effects only (Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to the HD
video stream at the 29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to inspect the videotape master for compliance with the foregoing technical specifications.
If the master does not meet the technical specifications or is otherwise defective, HERE
shall give notice to Licensor, including a list of any defective elements. Licensor shall
have ten (10) business days from receipt of notice to cure the defects and redeliver the
master videotape. If Licensor does not cure, then HERE shall have the option to (i)
terminate this Agreement with no further liability or obligation to Licensor, or (ii)
create or cure the defective elements and charge the cost thereof to Licensor.

	B.	 	OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print materials
relate to the Programs including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and poster art;
captioned host/star/director head shots all in the highest resolution available on all of the
following formats available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the Program
(including the title and a brief description of the Program’s topic and content), a complete list of
cast and credits, and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each musical composition contained within the Program, the title, type of use, duration of use
and the names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any

	3.	 	Credit Statement: One (1) original typewritten copy with a copy on diskette in
Word 4.0 format of a statement of credits applicable to the Program setting forth the names and credit
obligations of Licensor with regard to all persons to whom Licensor is contractually obligated to accord
credit on the screen, in any paid advertising.

ICE BLUES

7

 

Here Networks L.L.C.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of June 25, 2008

Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

			
	     Re:	 	HOLDING TREVOR

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES L.L.C.
on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE NETWORKS
L.L.C. (“HERE”) the motion picture entitled HOLDING TREVOR (the “Program”) for exhibition
on Here Networks program services (“Here Networks”). For good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged, the parties have agreed to the
following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: HOLDING
TREVOR (running time 86 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the English
language and available in hi-definition, digi-beta or beta sp video elements in
accordance with
the technical specifications of HERE’s standard delivery schedule attached hereto as
Exhibit
“A;” and

(b) Shall be completely finished, fully edited and titled, and fully synchronized with
language,
dialogue, sound and music, recorded with sound equipment pursuant to valid licenses,
and in
all respects ready, and of a technical quality adequate for general first-class
Telecast (as
defined below in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the Exhibition Period as set forth in Paragraph 3
hereof (“Term”). Additionally,
prior to expiration of the Term, HERE shall have the option to extend the Term for an
additional five (5) year Exhibition Period, as defined in Paragraph 3 below, by payment to
Licensor of the Extension Fee as defined in subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of
three (3) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE of all
of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and
Canada and their respective territories and possessions, including Puerto Rico, Guam and the
U.S.
Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and carriers
flying the flags
of the foregoing countries.

HOLDING TREVOR

1

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to Telecast
the Program in the languages licensed hereunder on any and all Telecast Service(s) which
is and/or
are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast
Service”). Such Telecast Service may be advertiser supported and/or accept and disclose
on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term “standard television” means all forms
of “free
broadcast television.” The term “non-standard television” means all other forms of
“television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically capable
of being limited
to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive and
delayed
exhibition), now known or hereafter devised by which a television signal is or may be
delivered
(including but not limited to analog, digital and HDTV). HERE shall have the exclusive
right, in the
Territory to promote, market, and advertise the Telecast of the Program on the Telecast
Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses during the
Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at its
sole option,
shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the Territory
during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast or
otherwise exhibit, or authorize, cause, or permit any other person or entity to Telecast
or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television, including
via any
transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise exploited
in any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast the
Program and all elements thereof throughout the world, regardless of location, on any and
all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or owned
services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment centers,
cruise ships,
hotels and airplanes.

     6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere in
both standard and nonstandard television formats and Internet distribution in the Territory.

     7. Exclusivity: The Program shall be exclusive to HERE in the Territory in standard
and nonstandard television, including Internet distribution, during the Term.

HOLDING TREVOR

2

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of US$25,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the first
Telecast of the Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following the
first Telecast of the Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for such extension shall be $12,500 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”) as
more fully set forth in
Exhibit A, attached hereto and forming a part hereof. Timely delivery of the Deliverables
shall be of
the essence of the Agreement. Licensor shall be responsible for the expense of shipping
Deliverables
from Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only unless
otherwise
specified herein) existing slides, photos and other publicity and promotional
materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto and of
which Licensor
informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S
preference for original color slides and agrees to use best efforts to furnish
same to HERE.
To the extent reasonably practical, said Advertising Materials shall be delivered
to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120) days
prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is grounds
for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for the purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the Programs
by all means and/or media (including, but not limited to the Internet) in the
Language specified herein;

     (d) The right to create television promotional spots featuring segments (not to
exceed four (4) minutes each) of the Program and the right to engage in commercial or

HOLDING TREVOR

3

 

promotional tie-ins with sponsors of the Program or the Telecast Service, subject to
any restrictions or obligations contained in the talent agreements and notified by
Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness and/or
voice of, and biographical information relating to, anyone who rendered services
in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct endorsement
of any
product or Telecast Service other than the Telecast Service referred to in this
Agreement, and
subject to any applicable guild and third party contractual restrictions of which
Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards consideration within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all available
promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has the
right to enter
into this Agreement, to grant all rights (including but not limited to grand rights) granted
herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising use of the
Program or
any part thereof as provided herein shall not violate the rights of any third party or cause
HERE to
have any financial liability whatsoever, except for the License Fee set forth herein and
payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by Licensor
herein, or any promotional use by HERE of the Program or any elements thereof, in any
manner in any media (but not as a direct endorsement of any product), including without
limitation, clips, photographs and music. HERE shall similarly indemnify and hold harmless
Licensor for any breach of any warranty or representation of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional insured
with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an endorsement
to
the policy evidencing such coverage prior to the commencement of principal photography of the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million, shall be
obtained
prior to the commencement of principal photography of the Program with no exclusions from an
entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that HERE
also may
have its own insurance coverage. As a condition to HERE’s obligations under this Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance with
the laws of
the State of California applicable to contracts entered into and fully to be performed
therein. Licensor
hereby consents and submits to the jurisdiction of the federal and state courts located in the
State of
California, and any action or suit under this Agreement may be brought in any federal or state
court
with appropriate jurisdiction over the subject matter established or sitting in the State of
California.

15. Assignment: This Agreement will be binding upon and will inure to the benefit
of the parties hereto and their respective successors and permitted assigns. Licensor may not assign,
license or

HOLDING TREVOR

4

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in part,
to any person or entity, provided however that Licensor may assign the right to receive
payment hereunder to any third party. HERE may assign any or all of its rights and
obligations under this Agreement for purposes of distribution of the Program, or in
connection with a merger or sale of the assets of HERE, as long as assignee assumes all of
the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its sole
and absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein,
Licensor shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever
prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any preceding or succeeding breach hereof. Notwithstanding any other provision of this
Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement shall
be an
action at law for damages and Licensor acknowledges that such damages are fully adequate to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall Licensor
seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first written
above and return all copies of the Agreement to HERE for countersignature. A fully executed
copy of the Agreement will be sent to you thereafter.

Very truly yours,

HERE NETWORKS L.L.C.

			
	By:	 	
 

			
	Its:	 	Executive Vice President
 

AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

			
	By:	 	
 

			
	Its:	 	Vice President
 

      

HOLDING TREVOR

5

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of June 25, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES

	A.	 	HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and any
promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the following
technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita Studios,
Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality master
available in the
following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval

	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV) with continuous time code and control track from the beginning of tape leader to the
end. ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects
only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color
bars video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time
code: 00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time
code: 00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time
code: 00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings, disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

HOLDING TREVOR

6

 

	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate Interlaced; referenced to 59.94HZ (Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo
music & effects only (Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to the
HD video stream at the 29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure, then
HERE shall have the option to (i) terminate this Agreement with no further liability or
obligation to Licensor, or (ii) create or cure the defective elements and charge the
cost thereof to Licensor.

	B.	 	OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and poster
art; captioned
host/star/director head shots all in the highest resolution available on all of the
following formats available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the
title and a brief description of the Program’s topic and content), a complete list of
cast and credits, and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions
available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each musical composition contained within the Program, the title, type of use, duration of use
and the names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any

	3.	 	Credit Statement: One (1) original typewritten copy with a copy on diskette in
Word 4.0 format of a statement of credits applicable to the Program setting forth the names and credit
obligations of Licensor with regard to all persons to whom Licensor is contractually obligated to accord
credit on the screen, in any paid advertising.

HOLDING TREVOR

7

 

Here Networks L.L.C.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of July 1, 2008

Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

     Re: CTHULHU

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled CTHULHU (the “Program”) for
exhibition on Here Networks program services (“Here Networks”). For good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the parties
have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: CTHULHU (running
time
109 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the English
language and available in hi-definition, digi-beta or beta sp video elements in
accordance with
the technical specifications of HERE’s standard delivery schedule attached hereto as
Exhibit
“A;” and

(b) Shall be completely finished, fully edited and titled, and fully synchronized
with language,
dialogue, sound and music, recorded with sound equipment pursuant to valid licenses,
and in
all respects ready, and of a technical quality adequate for general first-class
Telecast (as
defined below in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the
Exhibition Period as set forth in Paragraph 3 hereof (“Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of
three (3) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE of all
of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and
Canada and their respective territories and possessions, including Puerto Rico, Guam and the
U.S.
Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and carriers
flying the flags
of the foregoing countries.

CTHULHU

1

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to Telecast
the Program in the languages licensed hereunder on any and all Telecast Service(s) which
is and/or
are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast
Service”). Such Telecast Service may be advertiser supported and/or accept and
disclose on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term “standard television” means all
forms of “free
broadcast television.” The term “non-standard television” means all other forms of
“television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically capable
of being limited
to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive and
delayed
exhibition), now known or hereafter devised by which a television signal is or may be
delivered
(including but not limited to analog, digital and HDTV). HERE shall have the exclusive
right, in the
Territory to promote, market, and advertise the Telecast of the Program on the Telecast
Service in all
forms of television and other media, including without limitation the
Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses during
the Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at its
sole option,
shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the Territory
during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast or
otherwise exhibit, or authorize, cause, or permit any other person or entity to Telecast
or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television, including
via any
transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise
exploited in any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast the
Program and all elements thereof throughout the world, regardless of location, on any
and all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or
owned services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment centers,
cruise ships,
hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere in
both standard and
nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard television, including Internet distribution, during the Term.

CTHULHU

2

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of US$25,000.00, which shall be payable as follows:

     (a) 20% on the 15th day of the month following the first Telecast of the
Program in the
Territory; and

     (b) 40% on the 15th day of the month twelve (12) months following the first
Telecast of the
Program in the Territory; and

     (c) 40% on the 15th day of the month twenty-four (24) months following the
first Telecast of the
Program in the Territory; and

     (d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for such
extension shall be $12,500 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”) as
more fully set forth in
Exhibit A, attached hereto and forming a part hereof. Timely delivery of the Deliverables
shall be of
the essence of the Agreement. Licensor shall be responsible for the expense of shipping
Deliverables
from Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with
respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without
the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only unless
otherwise
specified herein) existing slides, photos and other publicity and promotional
materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto and of
which Licensor
informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S
preference for original color slides and agrees to use best efforts to furnish
same to HERE.
To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120) days
prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is grounds
for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the
purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs
by all means and/or media (including, but not limited to the Internet) in the
Language specified
herein;

     (d) The right to create television promotional spots featuring segments (not to
exceed four (4) minutes each) of the Program and the right to engage in
commercial or

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promotional tie-ins with sponsors of the Program or the Telecast Service, subject
to any restrictions or obligations contained in the talent agreements and notified
by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness and/or
voice of, and biographical information relating to, anyone who rendered services
in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct
endorsement of any
product or Telecast Service other than the Telecast Service referred to in this
Agreement, and
subject to any applicable guild and third party contractual restrictions of which
Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards consideration
within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has the
right to enter
into this Agreement, to grant all rights (including but not limited to grand rights) granted
herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising use of
the Program or
any part thereof as provided herein shall not violate the rights of any third party or cause
HERE to
have any financial liability whatsoever, except for the License Fee set forth herein and
payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by Licensor
herein, or any promotional use by HERE of the Program or any elements thereof, in any
manner in any media (but not as a direct endorsement of any product), including without
limitation, clips, photographs and music. HERE shall similarly indemnify and hold
harmless Licensor for any breach of any warranty or representation of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional insured
with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an endorsement
to
the policy evidencing such coverage prior to the commencement of principal photography of the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million, shall be
obtained
prior to the commencement of principal photography of the Program with no exclusions from an
entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that HERE
also may
have its own insurance coverage. As a condition to HERE’s obligations under this Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance with
the laws of
the State of California applicable to contracts entered into and fully to be performed
therein. Licensor
hereby consents and submits to the jurisdiction of the federal and state courts located in
the State of
California, and any action or suit under this Agreement may be brought in any federal or
state court
with appropriate jurisdiction over the subject matter established or sitting in the State of
California.

15. Assignment: This Agreement will be binding upon and will inure to the benefit
of the parties
hereto and their respective successors and permitted assigns. Licensor may not assign,
license or

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otherwise transfer its rights and/or obligations under this Agreement, in whole or in part, to any
person or entity, provided however that Licensor may assign the right to receive payment hereunder
to any third party. HERE may assign any or all of its rights and obligations under this Agreement
for purposes of distribution of the Program, or in connection with a merger or sale of the assets
of HERE,
as long as assignee assumes all of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its sole and
absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and conditions
hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein, Licensor
shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever
prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a waiver of
any
preceding or succeeding breach hereof. Notwithstanding any other provision of this Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement shall be
an
action at law for damages and Licensor acknowledges that such damages are fully adequate to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall Licensor seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first written above
and return all copies of the Agreement to HERE for countersignature. A fully executed copy of the
Agreement will be sent to you thereafter.

Very truly yours,

HERE NETWORKS L.L.C.

			
	By:	 	
 

			
	Its:	 	Executive Vice President
 

AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

			
	By:	 	
 

			
	Its:	 	Vice President
 

      

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EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of July 1, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES

A. HERE PROGRAM AND
TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and any
promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the following
technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita Studios,
Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality master
available in the
following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV)
with continuous time code and control track from the beginning of tape leader to the
end.
ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC
(continuous control track).
	 
	 	•	 	Color bars: NTSC
(analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects
only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color bars
video level and audio
tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital)
duration: 30 seconds; time
code: 00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time
code: 00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time
code: 00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings,
disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should
start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

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	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate Interlaced;
referenced to 59.94HZ
(Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo
music & effects only
(Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to the
HD video stream at the
29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure, then
HERE shall have the option to (i) terminate this Agreement with no further liability or
obligation to Licensor, or (ii) create or cure the defective elements and charge the
cost thereof to Licensor.

B. OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs
including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and poster
art; captioned
host/star/director head shots all in the highest resolution available on all of the
following formats
available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the
title and a brief description of the Program’s topic and content), a complete list of
cast and credits,
and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each
musical composition contained within the Program, the title, type of use, duration of use
and the
names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on diskette in
Word 4.0 format of a
statement of credits applicable to the Program setting forth the names and credit
obligations of
Licensor with regard to all persons to whom Licensor is contractually obligated to accord
credit on the
screen, in any paid advertising.

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Here Networks L.L.C.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of July 10, 2008

Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

			
	     Re:	 	MURDER.COM

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled MURDER.COM (the “Program”) for
exhibition on Here Networks program services (“Here Networks”). For good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the parties
have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: MURDER.COM
(running time 85 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the English
language and available in hi-definition, digi-beta or beta sp video elements in
accordance with
the technical specifications of HERE’s standard delivery schedule attached hereto as
Exhibit
“A;” and

(b) Shall be completely finished, fully edited and titled, and fully synchronized
with language,
dialogue, sound and music, recorded with sound equipment pursuant to valid licenses,
and in
all respects ready, and of a technical quality adequate for general first-class
Telecast (as
defined below in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the
Exhibition Period as set forth in Paragraph 3 hereof (“Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of
four (4) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE of all
of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and Canada and their respective territories and possessions, including Puerto Rico, Guam and the U.S. Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and carriers
flying the flags of the foregoing countries.

MURDER.COM

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5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to Telecast
the Program in the languages licensed hereunder on any and all Telecast Service(s) which
is and/or
are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast
Service”). Such Telecast Service may be advertiser supported and/or accept and
disclose on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term “standard television” means all
forms of “free
broadcast television.” The term “non-standard television” means all other forms of
“television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically capable
of being limited
to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television,
pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive and
delayed
exhibition), now known or hereafter devised by which a television signal is or may be
delivered
(including but not limited to analog, digital and HDTV). HERE shall have the exclusive
right, in the
Territory to promote, market, and advertise the Telecast of the Program on the Telecast
Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses during
the Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at its
sole option,
shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the Territory
during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast or
otherwise exhibit, or authorize, cause, or permit any other person or entity to Telecast
or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television, including
via any
transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise
exploited in any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast the
Program and all elements thereof throughout the world, regardless of location, on any
and all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or
owned services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment centers,
cruise ships,
hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere in
both standard and nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in standard
and nonstandard television, including Internet distribution, during the Term.

MURDER.COM

2

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of US$50,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the
first Telecast of the Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following the
first Telecast of the Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for such extension shall be $25,000 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”) as
more fully set forth in
Exhibit A, attached hereto and forming a part hereof. Timely delivery of the Deliverables
shall be of
the essence of the Agreement. Licensor shall be responsible for the expense of shipping
Deliverables
from Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements,
inserting commercials, and conforming with HERE’S standards and
practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only unless
otherwise
specified herein) existing slides, photos and other publicity and promotional
materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto and of
which Licensor
informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S
preference for original color slides and agrees to use best efforts to furnish
same to HERE.
To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120) days
prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is
grounds for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs by all means and/or media (including, but not limited to the Internet) in the
Language specified herein;

     (d) The right to create television promotional spots featuring segments (not to
exceed four (4) minutes each) of the Program and the right to engage in
commercial or

MURDER.COM

3

 

promotional tie-ins with sponsors of the Program or the Telecast Service, subject
to any restrictions or obligations contained in the talent agreements and notified
by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness and/or
voice of, and biographical information relating to, anyone who rendered services
in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct
endorsement of any
product or Telecast Service other than the Telecast Service referred to in this
Agreement, and
subject to any applicable guild and third party contractual restrictions of which
Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards consideration within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has the
right to enter
into this Agreement, to grant all rights (including but not limited to grand rights) granted
herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising use of
the Program or
any part thereof as provided herein shall not violate the rights of any third party or cause
HERE to
have any financial liability whatsoever, except for the License Fee set forth herein and
payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by Licensor
herein, or any promotional use by HERE of the Program or any elements thereof, in any
manner in any media (but not as a direct endorsement of any product), including without
limitation, clips, photographs and music. HERE shall similarly indemnify and hold harmless
Licensor for any breach of any warranty or representation of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional insured
with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an endorsement
to
the policy evidencing such coverage prior to the commencement of principal photography of the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million, shall be
obtained
prior to the commencement of principal photography of the Program with no exclusions from an
entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that HERE
also may
have its own insurance coverage. As a condition to HERE’s obligations under this Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in
accordance with the laws of the State of California applicable to contracts entered into
and fully to be performed therein. Licensor hereby consents and submits to the
jurisdiction of the federal and state courts located in the State of California, and any
action or suit under this Agreement may be brought in any federal or state court with
appropriate jurisdiction over the subject matter established or sitting in the State of
California.

15. Assignment: This Agreement will be binding upon and will inure to the benefit
of the parties hereto and their respective successors and permitted assigns. Licensor
may not assign, license or

MURDER.COM

4

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in part, to any
person or entity, provided however that Licensor may assign the right to receive payment hereunder
to any third party. HERE may assign any or all of its rights and obligations under this Agreement
for purposes of distribution of the Program, or in connection with a merger or sale of the assets
of HERE, as long as assignee assumes all of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its sole and
absolute discretion if Licensor fails to deliver the Program in accordance with the terms and conditions
hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein, Licensor
shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever
prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a waiver of
any
preceding or succeeding breach hereof. Notwithstanding any other provision of this Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement shall be
an
action at law for damages and Licensor acknowledges that such damages are fully adequate to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall Licensor seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first written above
and return all copies of the Agreement to HERE for countersignature. A fully executed copy of the
Agreement will be sent to you thereafter.

Very truly yours,

HERE NETWORKS L.L.C.

			
	By:	 	
 

			
	Its:	 	Executive Vice President
 

AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

			
	By:	 	
 

			
	Its:	 	Vice President
 

      

MURDER.COM

5

 

EXHIBIT A DELIVERY

SCHEDULE

Attached to and forming a part of the Agreement dated as of July 10, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES

	A.	 	HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and any
promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the following
technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita Studios,
Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality master
available in the following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP

	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval

	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black analog
7.5 IRE; digital 0.0mV) with continuous time code and control track from the beginning of tape leader to the end. ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music &
effects only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color
bars video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code: 00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings, disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

MURDER.COM

6

 

	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate Interlaced; referenced to 59.94HZ (Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects only (Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to the HD video stream at the 29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to inspect the videotape master for compliance with the foregoing technical specifications.
If the master does not meet the technical specifications or is otherwise defective, HERE
shall give notice to Licensor, including a list of any defective elements. Licensor
shall have ten (10) business days from receipt of notice to cure the defects and
redeliver the master videotape. If Licensor does not cure, then HERE shall have the
option to (i) terminate this Agreement with no further liability or obligation to
Licensor, or (ii) create or cure the defective elements and charge the cost thereof to
Licensor.

	B.	 	OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print materials
relate to the Programs including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and poster art;
captioned host/star/director head shots all in the highest resolution available on all of the
following formats available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the Program
(including the title and a brief description of the Program’s topic and content), a complete list of
cast and credits, and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each musical composition contained within the Program, the title, type of use, duration of use
and the names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any

	3.	 	Credit Statement: One (1) original typewritten copy with a copy on diskette in
Word 4.0 format of a statement of credits applicable to the Program setting forth the names and credit
obligations of
Licensor with regard to all persons to whom Licensor is contractually obligated to accord
credit on the
screen, in any paid advertising.

MURDER.COM

7

 

Here Networks L.L.C.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of June 16, 2008

Regent Worldwide Sales L.L.C. 

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

     Re: NO REGRET

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled NO REGRET (the “Program”) for
exhibition on Here Networks program services (“Here Networks”). For good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: NO REGRET
(running time 114 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English language and available in hi-definition, digi-beta or beta sp video
elements in accordance with the technical specifications of HERE’s standard
delivery schedule attached hereto as Exhibit “A;” and

(b) Shall be completely finished, fully edited and titled, and fully
synchronized with language, dialogue, sound and music, recorded with sound
equipment pursuant to valid licenses, and in all respects ready, and of a
technical quality adequate for general first-class Telecast (as defined below
in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and
continue throughout the Exhibition Period as set forth in Paragraph 3 hereof (“Term”).
Additionally, prior to expiration of the Term, HERE shall have the option to extend
the Term for an additional five (5) year Exhibition Period, as defined in Paragraph 3
below, by payment to Licensor of the Extension Fee as defined in subparagraph 8(d)
hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the
Program during the period of four (4) years (“Exhibition Period”) commencing no later
than the earlier of the first Telecast of the Program in the Territory or 6 months
from complete delivery to and acceptance by HERE of all of the Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in
the United States and Canada and their respective territories and possessions,
including Puerto Rico, Guam and the U.S. Virgin Islands (“Territory”) and military
bases, embassies, ships, aircrafts and carriers flying the flags of the foregoing
countries.

					
	 	 	 	 	 
	 
	 	1
	 	NO REGRET

 

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast the Program in the languages licensed hereunder on any and all Telecast
Service(s) which is and/or are branded and/or owned in whole or in part and/or operated
now or in the future by here! Networks, or a parent company, division, affiliate,
subsidiary, or licensee thereof in the territory (“Telecast Service”). Such Telecast
Service may be advertiser supported and/or accept and disclose on-air program funding in
the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute, perform and exhibit the Program on the Telecast Service via all forms of
“standard television” and “non-standard television” (“Telecast”). The term “standard
television” means all forms of “free broadcast television.” The term “non-standard
television” means all other forms of “television,” excluding free broadcast television
only. The term “television” includes, without limitation, all means, manner and method of
transmission via over-the-air, satellite, cable, broadband, wireless, Internet protocol,
the Internet (provided access to such transmission is technologically capable of being
limited to the Territory, e.g., conditional access) and transmission to mobile and
handheld devices and any other technology (including, without limitation, cable, free
broadcast, subscription television, pay-per-view, closed circuit and all forms and
variations of video-on-demand, interactive and delayed exhibition), now known or hereafter
devised by which a television signal is or may be delivered (including but not limited to
analog, digital and HDTV). HERE shall have the exclusive right, in the Territory to
promote, market, and advertise the Telecast of the Program on the Telecast Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the foregoing, the parties acknowledge that Licensor may seek third party
licenses during the Term and for the Extended Term, for all or part of the rights granted
hereunder and HERE, at its sole option, shall have the right to relicense such rights to
Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the Territory
during the Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise exhibit in any manner or form whatsoever, the Program in any
language or subtitled version in the Territory during the Term on any form of standard or
non-standard television, including via any transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere of the Program such that the Program shall not have been exhibited or otherwise
exploited in any media whatsoever anywhere in the Territory prior to HERE’S initial
Telecast of the Program on the Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the Program and all elements thereof throughout the world, regardless of location, on any
and all cruise ships, theme parks, hotels, airplanes, resorts and entertainment centers
that are broadcasting any Telecast Services, provided that Telecast of the Program on any
such branded and/or owned services shall be limited to closed circuit television or a
similar form of limited access television exhibition permitting access only within the
particular theme park, resort, entertainment centers, cruise ships, hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and nonstandard television formats and Internet distribution in the
Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard television, including Internet distribution, during the Term.

					
	 	 	 	 	 
	 
	 	2
	 	NO REGRET

 

 

8.
License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the Program
of US$15,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the
first Telecast of the Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following
the first Telecast of the Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such extension shall be $7,500 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively,
“Deliverables”) as more fully set forth in Exhibit A, attached hereto and forming a
part hereof. Timely delivery of the Deliverables shall be of the essence of the
Agreement. Licensor shall be responsible for the expense of shipping Deliverables from
Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including, without limitation, wrapping, formatting and scheduling, creating
promotional interstitial elements, inserting commercials, and conforming with HERE’S
standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with respect to the Program, which rights shall be exclusive to HERE
within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the Program, including without limitation, any clips, music (in context
only unless otherwise specified herein) existing slides, photos and other
publicity and promotional materials reasonably available to or under the control
of Licensor (“Advertising Materials”), subject to any pre-existing third party
contractual restrictions applicable thereto and of which Licensor informs HERE in
writing at the time of delivery of the Advertising Materials. HERE’S inadvertent
or unintentional failure to comply with any such applicable restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S preference for original color slides and agrees to use best efforts to
furnish same to HERE. To the extent reasonably practical, said Advertising
Materials shall be delivered to HERE at Licensor’s sole cost and expense not less
than one hundred and twenty (120) days prior to commencement of the Term, or as
early as reasonably and commercial possible. Licensor shall deliver said
Advertising Materials in accordance with the Delivery Requirements. Licensor
understands that the furnishing of the aforementioned Advertising Materials is a
material obligation of this Agreement and failure to comply with such is
grounds for termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs by all means and/or media (including, but not limited to the Internet) in
the Language specified herein;

     (d) The right to create television promotional spots featuring segments (not
to exceed four (4) minutes each) of the Program and the right to engage in
commercial or

					
	 	 	 	 	 
	 
	 	3
	 	NO REGRET

 

 

promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or voice of, and biographical information relating to, anyone who rendered
services in or in connection with the Program, for the purpose of advertising,
publicizing or promoting the Programs or the Telecast Service, but not so as to
constitute a direct endorsement of any product or Telecast Service other than the
Telecast Service referred to in this Agreement, and subject to any applicable guild
and third party contractual restrictions of which Licensor notifies HERE in advance
in writing. Notwithstanding the foregoing, HERE’s inadvertent or unintentional
failure to comply with any applicable guild or third party contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has
the right to enter into this Agreement, to grant all rights (including but not limited to
grand rights) granted herein and to perform all of Licensor’s obligations hereunder and
that HERE’s exercise of its rights hereunder, including, without limitation, the
exhibition, promotion, publicity and advertising use of the Program or any part thereof as
provided herein shall not violate the rights of any third party or cause HERE to have any
financial liability whatsoever, except for the License Fee set forth herein and payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements
thereof, in any manner in any media (but not as a direct endorsement of any product),
including without limitation, clips, photographs and music. HERE shall similarly
indemnify and hold harmless Licensor for any breach of any warranty or representation
of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to the Program under Licensor’s Errors and Omissions and shall
provide HERE with an endorsement to the policy evidencing such coverage prior to the
commencement of principal photography of the Program. Such insurance shall be in an amount
not less than $1 Million/$3 Million, shall be obtained prior to the commencement of
principal photography of the Program with no exclusions from an entity reasonably approved
by HERE and shall have a deductible of no greater than $25,000 per claim. Licensor shall
cause its carrier to assume primary responsibility notwithstanding that HERE also may have
its own insurance coverage. As a condition to HERE’s obligations under this Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance
with the laws of the State of California applicable to contracts entered into and fully to
be performed therein. Licensor hereby consents and submits to the jurisdiction of the
federal and state courts located in the State of California, and any action or suit under
this Agreement may be brought in any federal or state court with appropriate jurisdiction
over the subject matter established or sitting in the State of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties hereto and their respective successors and permitted assigns.
Licensor may not assign, license or

					
	 	 	 	 	 
	 
	 	4
	 	NO REGRET

 

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in part,
to any person or entity, provided however that Licensor may assign the right to receive payment
hereunder to any third party. HERE may assign any or all of its rights and obligations under this
Agreement for purposes of distribution of the Program, or in connection with a merger or sale of
the assets of HERE, as long as assignee assumes all of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its sole and
absolute discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof, subject to any notice and cure provisions hereof. Except as expressly provided
herein, Licensor shall not have the right to terminate, revoke, cancel, or rescind this Agreement
for any reason whatsoever prior to the expiration of the Term, unless with the consent of both
parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a waiver of
any preceding or succeeding breach hereof. Notwithstanding any other provision of this
Agreement, Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement
shall be an action at law for damages and Licensor acknowledges that such damages are fully
adequate to compensate Licensor in the case of any breach by HERE hereunder. In no event shall
Licensor seek or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first written above
and return all copies of the Agreement to HERE for countersignature. A fully executed copy of the
Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours,

HERE NETWORKS L.L.C.

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Its: EXECUTIVE VICE PRESIDENT 	 	 
	 	 	 	 
	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 
	 	Its: VICE PRESIDENT 	 	 
	 	 	 	 
	 

					
	 	 	 	 	 
	 
	 	5
	 	NO REGRET

 

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of June 16, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES

A.    HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: Ail programs should be delivered on the best quality
master available in the following order and preference of video tape formats: HD CAM,
DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE: digital 0.0mV) with continuous time code and control track from the
beginning of tape leader to the end. ABSOLUTELY NO FALSE START OF VIDEO OR TIME
CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music &
effects only.
	 
	 	•	 	Programming video and audio levels must be referenced to the
color bars video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00.
DO NOT include ratings, disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes, tape #1
program should start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

					
	 	 	 	 	 
	
	 	6
	 	 NO REGRET

 

	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate
Interlaced: referenced to 59.94HZ (Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix: Channel 3&4:
stereo music & effects only (Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to
the HD video stream at the 29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure,
then HERE shall have the option to (i) terminate this Agreement with no further
liability or obligation to Licensor, or (ii) create or cure the defective elements
and charge the cost thereof to Licensor.
	 
	B.	 	OTHER DELIVERABLES

All other
Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and
poster art; captioned host/star/director head shots all in the highest resolution
available on all of the following formats available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the title and a brief description of the Program’s topic and
content), a complete list of cast and credits, and biographies of key Program
performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each musical composition contained within the Program, the title,
type of use, duration of use and the names of the composer, lyricist, publisher,
copyright proprietor and performing rights society, if any

	3.	 	Credit Statement: One (1) original typewritten copy with a copy on
diskette in Word 4.0 format of a statement of credits applicable to the Program
setting forth the names and credit obligations of Licensor with regard to all persons
to whom Licensor is contractually obligated to accord credit on the screen, in any
paid advertising.

 
					
	 	 	 	 	 
	
	 	7
	 	 NO REGRET

 

Here Networks L.LC.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone; 310-806-4288

Fax: 310-806-4268

As of July 16, 2008

Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

     Re: FALL OF HYPERION

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled FALL OF HYPERION (the “Program”)
for exhibition on Here Networks program services (“Here Networks”). For good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged,
the parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: FALL OF
HYPERION (running time 88 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English language and available in hi-definition, digi-beta or beta sp video
elements in accordance with the technical specifications of HERE’s standard
delivery schedule attached hereto as Exhibit “A;” and

(b) Shall be completely finished, fully edited and titled, and fully
synchronized with language, dialogue, sound and music, recorded with sound
equipment pursuant to valid licenses, and in all respects ready, and of a
technical quality adequate for general first-class Telecast (as defined below
in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the Exhibition Period as set forth in Paragraph 3 hereof (“Term”).
Additionally, prior to expiration of the Term, HERE shall have the option to extend the
Term for an additional five (5) year Exhibition Period, as defined in Paragraph 3 below,
by payment to Licensor of the Extension Fee as defined in subparagraph 8(d) hereof
(“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of four (4) years (“Exhibition Period”) commencing no later than the
earlier of the first Telecast of the Program in the Territory or 6 months from complete
delivery to and acceptance by HERE of all of the Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and Canada and their respective territories and possessions, including
Puerto Rico, Guam and the U.S. Virgin Islands (“Territory”) and military bases, embassies,
ships, aircrafts and carriers flying the flags of the foregoing countries.

 
					
	 	 	 	 	 
	
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5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast the Program in the languages licensed hereunder on any and all Telecast
Service(s) which is and/or are branded and/or owned in whole or in part and/or operated
now or in the future by here! Networks, or a parent company, division, affiliate,
subsidiary, or licensee thereof in the territory (“Telecast Service”). Such Telecast
Service may be advertiser supported and/or accept and disclose on-air program funding in
the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute, perform and exhibit the Program on the Telecast Service via all forms of
“standard television” and “non-standard television” (“Telecast”). The term “standard
television” means all forms of “free broadcast television.” The term “non-standard
television” means all other forms of “television.” excluding free broadcast television
only. The term “television” includes, without limitation, all means, manner and method of
transmission via over-the-air, satellite, cable, broadband, wireless, Internet protocol,
the Internet (provided access to such transmission is technologically capable of being
limited to the Territory, e.g., conditional access) and transmission to mobile and
handheld devices and any other technology (including, without limitation, cable, free
broadcast, subscription television, pay-per-view, closed circuit and all forms and
variations of video-on-demand, interactive and delayed exhibition), now known or
hereafter devised by which a television signal is or may be delivered (including but not
limited to analog, digital and HDTV). HERE shall have the exclusive right, in the
Territory to promote, market, and advertise the Telecast of the Program on the Telecast
Service in all forms of television and other media, including without limitation the
Internet. Notwithstanding the foregoing, the parties acknowledge that Licensor may seek
third party licenses during the Term and for the Extended Term, for all or part of the
rights granted hereunder and HERE, at its sole option, shall have the right to relicense
such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the Territory
during the Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise exhibit in any manner or form whatsoever, the Program in any
language or subtitled version in the Territory during the Term on any form of standard or
non-standard television, including via any transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere of the Program such that the Program shall not have been exhibited or otherwise
exploited in any media whatsoever anywhere in the Territory prior to HERE’S initial
Telecast of the Program on the Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the Program and all elements thereof throughout the world, regardless of location, on any
and all cruise ships, theme parks, hotels, airplanes, resorts and entertainment centers
that are broadcasting any Telecast Services, provided that Telecast of the Program on any
such branded and/or owned services shall be limited to closed circuit television or a
similar form of limited access television exhibition permitting access only within the
particular theme park, resort, entertainment centers, cruise ships, hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and nonstandard television formats and Internet distribution in the
Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard television, including Internet distribution, during the Term.

 
					
	 	 	 	 	 
	
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8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of US$50,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the
first Telecast of the Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following the first
Telecast of the Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such extension shall be $25,000 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”)
as more fully set forth in Exhibit A, attached hereto and forming a part hereof. Timely
delivery of the Deliverables shall be of the essence of the Agreement. Licensor shall be
responsible for the expense of shipping Deliverables from Licensor to HERE. Distributor
acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including, without limitation, wrapping, formatting and scheduling, creating
promotional interstitial elements, inserting commercials, and conforming with HERE’S
standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with respect to the Program, which rights shall be exclusive to HERE
within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the Program, including without limitation, any clips, music (in
context only unless otherwise specified herein) existing slides, photos and other
publicity and promotional materials reasonably available to or under the control of
Licensor (“Advertising Materials”), subject to any pre-existing third party
contractual restrictions applicable thereto and of which Licensor informs HERE in
writing at the time of delivery of the Advertising Materials. HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not constitute a material breach of this Agreement. Licensor
hereby acknowledges HERE’S preference for original color slides and agrees to use
best efforts to furnish same to HERE. To the extent reasonably practical, said
Advertising Materials shall be delivered to HERE at Licensors sole cost and expense
not less than one hundred and twenty (120) days prior to commencement of the Term,
or as early as reasonably and commercial possible. Licensor shall deliver said
Advertising Materials in accordance with the Delivery Requirements. Licensor
understands that the furnishing of the aforementioned Advertising Materials is a
material obligation of this Agreement and failure to comply with such is grounds
for termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs by all means and/or media (including, but not limited to the Internet) in
the Language specified herein;

     (d) The right to create television promotional spots featuring segments (not
to exceed four (4) minutes each) of the Program and the right to engage in
commercial or

  
					
	 	 	 	 	 
	
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promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or voice of, and biographical information relating to, anyone who rendered
services in or in connection with the Program, for the purpose of advertising,
publicizing or promoting the Programs or the Telecast Service, but not so as to
constitute a direct endorsement of any product or Telecast Service other than the
Telecast Service referred to in this Agreement, and subject to any applicable guild
and third party contractual restrictions of which Licensor notifies HERE in advance
in writing. Notwithstanding the foregoing, HERE’S inadvertent or unintentional
failure to comply with any applicable guild or third party contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions there
of for awards
consideration within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has
the right to enter into this Agreement, to grant all rights (including but not limited to
grand rights) granted herein and to perform all of Licensor’s obligations hereunder and
that HERE’s exercise of its rights hereunder, including, without limitation, the
exhibition, promotion, publicity and advertising use of the Program or any part thereof as
provided herein shall not violate the rights of any third party or cause HERE to have any
financial liability whatsoever, except for the License Fee set forth herein and payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements thereof,
in any manner in any media (but not as a direct endorsement of any product), including
without limitation, clips, photographs and music. HERE shall similarly indemnify and
hold harmless Licensor for any breach of any warranty or representation of HERE
hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to the Program under Licensor’s Errors and Omissions and shall
provide HERE with an endorsement to the policy evidencing such coverage prior to the
commencement of principal photography of the Program. Such insurance shall be in an
amount not less than $1 Million/$3 Million, shall be obtained prior to the commencement of
principal photography of the Program with no exclusions from an entity reasonably approved
by HERE and shall have a deductible of no greater than $25,000 per claim. Licensor shall
cause its carrier to assume primary responsibility notwithstanding that HERE also may have
its own insurance coverage. As a condition to HERE’S obligations under this Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance
with the laws of the State of California applicable to contracts entered into and fully to
be performed therein. Licensor hereby consents and submits to the jurisdiction of the
federal and state courts located in the State of California, and any action or suit under
this Agreement may be brought in any federal or state court with appropriate jurisdiction
over the subject matter established or sitting in the State of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties hereto and their respective successors and permitted assigns.
Licensor may not assign, license or

 
					
	 	 	 	 	 
	
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otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party. HERE may assign any or all of its rights
and obligations under this Agreement for purposes of distribution of the Program, or in
connection with a merger or sale of the assets of HERE, as long as assignee assumes all
of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its
sole and absolute discretion if Licensor fails to deliver the Program in accordance with
the terms and conditions hereof, subject to any notice and cure provisions hereof. Except
as expressly provided herein, Licensor shall not have the right to terminate, revoke,
cancel, or rescind this Agreement for any reason whatsoever prior to the expiration of the
Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any preceding or succeeding breach hereof. Notwithstanding any other
provision of this Agreement, Licensor’s sole remedy for breach by HERE of any of its
obligations under this Agreement shall be an action at law for damages and Licensor
acknowledges that such damages are fully adequate to compensate Licensor in the case of
any breach by HERE hereunder. In no event shall Licensor seek or be entitled to
rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours,

HERE NETWORKS L.L.C. 

 	 	 
	 	By:  	

/s/ Mark Reinhart
 	 
	 	 	Its:  Executive Vice President 	 
	 	 	 	 
	 
	 	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 
	 	By:  	/s/ Paul A. Colichman
 	 
	 	 	Its: VICE PRESIDENT 	 
	 	 	 
	 

 
					
	 	 	 	 	 
	
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EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of July 16, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

	A.	 	HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications- NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV)
with continuous time code and control track from the beginning of tape leader to the
end. ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous
control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music &
effects only.
	 
	 	•	 	Programming video and audio levels must be referenced to the
color bars video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings, disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

					
	 	 	 	 	 
	 
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	6.	 	HP videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate
Interlaced; referenced to 59.94HZ (Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4:
stereo music & effects only
(Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to
the HD video stream at the 29.97 frame rate,
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure,
then HERE shall have the option to (i) terminate this Agreement with no further
liability or obligation to Licensor, or (ii) create or cure the defective elements
and charge the cost thereof to Licensor.

	B.	 	OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and
poster art; captioned host/star/director head shots all in the highest resolution available on all of the
following formats available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the title and a brief description of the Program’s topic and content), a complete list of
cast and credits, and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each
musical composition contained within the Program, the title, type of use, duration of
use and the
names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on diskette
in Word 4.0 format of a statement of credits applicable to the Program setting forth the names and credit
obligations of
Licensor with regard to all persons to whom Licensor is contractually obligated to
accord credit on the
screen, in any paid advertising.

					
	 	 	 	 	 
	 
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Here Networks L.L.C.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of July 17, 2008

Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

	 	 	Re: PLAYING WITH FIRE

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled PLAYING WITH FIRE (the “Program”)
for exhibition on Here Networks program services (“Here Networks”). For good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged,
the parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: PLAYING WITH
FIRE (running time 88 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English language and available in hi-definition, digi-beta or beta sp video
elements in accordance with the technical specifications of HERE’s standard
delivery schedule attached hereto as Exhibit “A;” and

(b) Shall be completely finished, fully edited and titled, and fully
synchronized with language, dialogue, sound and music, recorded with sound
equipment pursuant to valid licenses, and in all respects ready, and of a
technical quality adequate for general first-class Telecast (as defined below
in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the
Exhibition Period as set forth in Paragraph 3 hereof (“Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as defined
in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of
four (4) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE of
all of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and
Canada and their respective territories and possessions, including Puerto Rico, Guam and
the U.S.
Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and carriers
flying the flags
of the foregoing countries.

					
	 	 	 	 	 
	 
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	 	PLAYING WITH FIRE

 

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast the Program in the languages licensed hereunder on any and all Telecast Service(s)
which is and/or are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks, or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast Service”). Such Telecast Service may be advertiser supported and/or accept and
disclose on-air program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute, perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and “non-standard television” (“Telecast”). The term “standard television” means all
forms of “free broadcast television.” The term “non-standard television” means all other forms of
“television,” excluding free broadcast television only. The term “television” includes, without
limitation, all means, manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet protocol, the Internet (provided access to such transmission is technologically
capable of being limited to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive
and delayed exhibition), now known or hereafter devised by which a television signal is or may be
delivered (including but not limited to analog, digital and HDTV). HERE shall have the
exclusive right, in the Territory to promote, market, and advertise the Telecast of the Program on the
Telecast Service in all forms of television and other media, including without limitation the Internet.
Notwithstanding the foregoing, the parties acknowledge that Licensor may seek third party licenses during
the Term and for the Extended Term, for all or part of the rights granted hereunder and HERE, at
its sole option, shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the
Territory during the Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the Territory during the Term on any form of standard or non-standard television,
including via any transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere of the Program such that the Program shall not have been exhibited or otherwise
exploited in any media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the Program and all elements thereof throughout the world, regardless of location, on any
and all cruise ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any Telecast Services, provided that Telecast of the Program on any such branded and/or
owned services shall be limited to closed circuit television or a similar form of limited access
television exhibition permitting access only within the particular theme park, resort, entertainment
centers, cruise ships, hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard television, including Internet distribution, during the Term.

					
	 	 	 	 	 
	 
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	 	PLAYING WITH FIRE

 

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the Program
of US$50,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the Program
in the Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the first
Telecast of the Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following the first
Telecast of the Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such extension shall be $25,000 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”)
as more fully set forth in
Exhibit A, attached hereto and forming a part hereof. Timely delivery of the
Deliverables shall be of
the essence of the Agreement. Licensor shall be responsible for the expense of shipping
Deliverables
from Licensor to HERE, Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a)
The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only
unless otherwise
specified herein) existing slides, photos and other publicity and
promotional materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto and
of which Licensor
informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby
acknowledges HERE’S
preference for original color slides and agrees to use best efforts to furnish
same to HERE.
To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120)
days prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is
grounds for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the
purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs
by all means and/or media (including, but not limited to the Internet) in the
Language specified
herein;

     (d) The right to create television promotional spots featuring segments (not
to
exceed four (4) minutes each) of the Program and the right to engage in
commercial or

					
	 	 	 	 	 
	 
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promotional tie-ins with sponsors of the Program or the Telecast Service, subject
to any restrictions or obligations contained in the talent agreements and
notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or
voice of, and biographical information relating to, anyone who rendered
services in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct
endorsement of any
product or Telecast Service other than the Telecast Service referred to in this
Agreement, and
subject to any applicable guild and third party contractual restrictions of
which Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’s
inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration
within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has
the right to enter
into this Agreement, to grant all rights (including but not limited to grand rights)
granted herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising use of
the Program or
any part thereof as provided herein shall not violate the rights of any third party or
cause HERE to
have any financial liability whatsoever, except for the License Fee set forth herein and
payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements thereof,
in any manner in any media (but not as a direct endorsement of any product), including
without limitation, clips, photographs and music. HERE shall similarly indemnify and
hold harmless Licensor for any breach of any warranty or representation of HERE
hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an
endorsement to
the policy evidencing such coverage prior to the commencement of principal photography of
the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million, shall
be obtained
prior to the commencement of principal photography of the Program with no exclusions from
an entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per
claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that
HERE also may
have its own insurance coverage. As a condition to HERE’S obligations under this
Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance
with the laws of the State of California applicable to contracts entered into and fully
to be performed therein. Licensor hereby consents and submits to the jurisdiction of
the federal and state courts located in the State of California, and any action or suit
under this Agreement may be brought in any federal or state court with appropriate
jurisdiction over the subject matter established or sitting in the State of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties hereto and their respective successors and permitted assigns.
Licensor may not assign, license or

					
	 	 	 	 	 
	 
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otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party. HERE may assign any or all of its rights
and obligations under this Agreement for purposes of distribution of the Program, or in
connection with a merger or sale of the assets of HERE, as long as assignee assumes all
of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its
sole and absolute discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein,
Licensor shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever
prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any
preceding or succeeding breach hereof. Notwithstanding any other provision of this
Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement
shall be an
action at law for damages and Licensor acknowledges that such damages are fully adequate
to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall
Licensor seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours,

HERE NETWORKS L.L.C.

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Its:  EXECUTIVE VICE PRESIDENT 	 	 
	 	 	 	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 
	 	Its: VICE PRESIDENT 	 	 
	 	 	 	 
	 

					
	 	 	 	 	 
	 
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EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of July 17, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”),

PROGRAM DELIVERABLES 

	A.	 	HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the
following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV)
with continuous time code and control track from the beginning of tape leader to the
end.
ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects
only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color bars
video level and audio
tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings,
disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should
start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

					
	 	 	 	 	 
	 
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	6.	 	HP videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate Interlaced;
referenced to 59.94HZ
(Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4:
stereo music & effects only
(Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to
the HD video stream at the
29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of
notice to cure the defects and redeliver the master videotape. If Licensor does not
cure, then HERE shall have the option to (i) terminate this Agreement with no
further liability or obligation to Licensor, or (ii) create or cure the defective
elements and charge the cost thereof to Licensor.

	B.	 	OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and
poster art; captioned
host/star/director head shots all in the highest resolution available on all of the
following formats available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the
title and a brief description of the Program’s topic and content), a complete list of
cast and credits, and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each
musical composition contained within the Program, the title, type of use, duration of
use and the names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on
diskette in Word 4.0 format of a
statement of credits applicable to the Program setting forth the names and credit
obligations of
Licensor with regard to all persons to whom Licensor is contractually obligated to
accord credit on the
screen, in any paid advertising.

					
	 	 	 	 	 
	 
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Here Networks LLC.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of August 14,2008

Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

	 	 	Re: THE AMAZING TRUTH ABOUT QUEEN RAQUELA

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to
HERE NETWORKS L.L.C. (“HERE”) the motion picture entitled THE AMAZING TRUTH ABOUT
QUEEN RAQUELA (the “Program”) for exhibition on Here Networks program services (“Here
Networks”). For good and valuable consideration, the receipt and sufficiency of which
is hereby acknowledged, the parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: THE
AMAZING TRUTH ABOUT QUEEN RAQUELA (running time 80 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English language and available in hi-definition, digi-beta or beta sp video
elements in accordance with the technical specifications of
HERE’s standard
delivery schedule attached hereto as Exhibit “A;” and

(b) Shall be completely finished, fully edited and titled, and fully
synchronized with language, dialogue, sound and music, recorded with sound
equipment pursuant to valid licenses, and in all respects ready, and of a
technical quality adequate for general first-class Telecast (as defined below
in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the
Exhibition Period as set forth in Paragraph 3 hereof (“Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as
defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the
Program during the period of
four (4) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE
of all of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in
the United States and
Canada and their respective territories and possessions, including Puerto Rico, Guam
and the U.S.
Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and
carriers flying the flags
of the foregoing countries.

					
	 	 	 	 	 
	 
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	 	THE AMAZING TRUTH ABOUT QUEEN RAQUELA

 

 

	5.	 	Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast
the Program in the languages licensed hereunder on any and all Telecast Service(s)
which is and/or
are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast
Service”). Such Telecast Service may be advertiser supported and/or accept and
disclose on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term “standard television” means all
forms of “free
broadcast television.” The term “non-standard television” means all other forms of
“television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically
capable of being limited
to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive
and delayed
exhibition), now known or hereafter devised by which a television signal is or may be
delivered
(including but not limited to analog, digital and HDTV). HERE shall have the
exclusive right, in the
Territory to promote, market, and advertise the Telecast of the Program on the
Telecast Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses during
the Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at
its sole option,
shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the
Territory during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or
otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television,
including via any
transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise
exploited in any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the
Program and all elements thereof throughout the world, regardless of location, on any
and all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or
owned services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment
centers, cruise ships,
hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and
nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the
Territory in standard and nonstandard television, including Internet distribution,
during the Term.

					
	 	 	 	 	 
	 
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8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the Program
of US$35,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the Program
in the
Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the first
Telecast of the Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months
following the first Telecast of the
Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such
extension shall be $17,500 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively,
“Deliverables”) as more fully set forth in Exhibit A, attached hereto and forming a
part hereof. Timely delivery of the Deliverables shall be of the essence of the
Agreement. Licensor shall be responsible for the expense of shipping Deliverables from
Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for
all purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional
interstitial elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with
respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without
the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only
unless otherwise
specified herein) existing slides, photos and other publicity and
promotional materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto
and of which Licensor
informs HERE in writing at the time of delivery of the Advertising
Materials. HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby
acknowledges HERE’S
preference for original color slides and agrees to use best efforts to
furnish same to HERE.
To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at
Licensors sole cost and expense not less than one hundred and twenty (120)
days prior to
commencement of the Term, or as early as reasonably and commercial
possible. Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is
grounds for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses
for the
purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs
by all means and/or media (including, but not limited to the Internet) in
the Language specified
herein;

     (d) The right to create television promotional spots featuring segments
(not to
exceed four (4) minutes each) of the Program and the right to engage in
commercial or

					
	 	 	 	 	 
	 
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	 	THE AMAZING TRUTH ABOUT QUEEN RAQUELA

 

 

promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or
voice of, and biographical information relating to, anyone who rendered
services in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct
endorsement of any
product or Telecast Service other than the Telecast Service referred to in
this Agreement, and
subject to any applicable guild and third party contractual restrictions of
which Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing,
HERE’s inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration
within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it
has the right to enter
into this Agreement, to grant all rights (including but not limited to grand rights)
granted herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising
use of the Program or
any part thereof as provided herein shall not violate the rights of any third party or
cause HERE to
have any financial liability whatsoever, except for the License Fee set forth herein
and payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements
thereof, in any manner in any media (but not as a direct endorsement of any product),
including without limitation, clips, photographs and music. HERE shall similarly
indemnify and hold harmless Licensor for any breach of any warranty or representation
of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an
endorsement to
the policy evidencing such coverage prior to the commencement of principal photography
of the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million,
shall be obtained
prior to the commencement of principal photography of the Program with no exclusions
from an entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per
claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that
HERE also may
have its own insurance coverage. As a condition to HERE’S obligations under this
Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance with
the laws of
the State of California applicable to contracts entered into and fully to be performed
therein. Licensor
hereby consents and submits to the jurisdiction of the federal and state courts
located in the State of
California, and any action or suit under this Agreement may be brought in any federal
or state court
with appropriate jurisdiction over the subject matter established or sitting in the
State of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties
hereto and their respective successors and permitted assigns. Licensor may not
assign, license or

					
	 	 	 	 	 
	 
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	 	THE AMAZING TRUTH ABOUT QUEEN RAQUELA

 

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party. HERE may assign any or all of its rights
and obligations under this Agreement for purposes of distribution of the Program, or
in connection with a merger or sale of the assets of HERE, as long as assignee assumes
all of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in
its sole and absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof,
subject to any notice and cure provisions hereof. Except as expressly provided
herein, Licensor shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any
reason whatsoever
prior to the expiration of the Term, unless with the consent of both parties in
writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any
preceding or succeeding breach hereof. Notwithstanding any other provision of this
Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this
Agreement shall be an
action at law for damages and Licensor acknowledges that such damages are fully
adequate to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall
Licensor seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours,

HERE NETWORKS L.L.C.

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Its:  Executive Vice President 	 	 
	 	 	 	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 
	 	Its: VICE PRESIDENT 	 	 
	 	 	 	 
	 

					
	 	 	 	 	 
	 
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EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of August 14, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

A. HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the
following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP

	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV)
with continuous time code and control track from the beginning of tape leader to the
end.
ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).

	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio
tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo
music & effects only.
	 
	 	•	 	Programming video and audio levels must be referenced to
the color bars video level and audio tone level; if not, master will be rejected.

5. Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00

	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00

	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings, disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

					
	 
	 	6
	 	THE AMAZING TRUTH ABOUT QUEEN RAQUELA

 

 

	6.	 	HP videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate
Interlaced; referenced to 59.94HZ (Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4:
stereo music & effects only (Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to the HD
video stream at the 29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of
notice to cure the defects and redeliver the master videotape. If Licensor does not
cure, then HERE shall have the option to (i) terminate this Agreement with no
further liability or obligation to Licensor, or (ii) create or cure the defective
elements and charge the cost thereof to Licensor.

	B.	 	OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and poster
art; captioned host/star/director head shots all in the highest resolution available on all of the
following formats available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the title and a brief description of the Program’s topic and content), a complete list of
cast and credits, and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each
musical composition contained within the Program, the title, type of use, duration of
use and the
names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any

	3.	 	Credit Statement: One (1) original typewritten copy with a copy on diskette
in Word 4.0 format of a
statement of credits applicable to the Program setting forth the names and credit
obligations of
Licensor with regard to all persons to whom Licensor is contractually obligated to
accord credit on the
screen, in any paid advertising.

					
	 
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	 	THE AMAZING TRUTH ABOUT QUEEN RAQUELA

 

 

Here Networks L.LC.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of August 19, 2008

Regent Worldwide Sales L.L.C. 

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

Re: THE WORLD UNSEEN

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled THE WORLD UNSEEN (the “Program”)
for exhibition on Here Networks program services (“Here Networks”). For good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged,
the parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: THE WORLD
UNSEEN
(running time 93 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English language and available in hi-definition, digi-beta or beta sp video
elements in accordance with the technical specifications of HERE’s standard
delivery schedule attached hereto as Exhibit “A;” and

(b) Shall be completely finished, fully edited and titled, and fully
synchronized with language, dialogue, sound and music, recorded with sound
equipment pursuant to valid licenses, and in all respects ready, and of a
technical quality adequate for general first-class Telecast (as defined below
in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the
Exhibition Period as set forth in Paragraph 3 hereof (“Term”), Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of
four (4) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE of
all of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and
Canada and their respective territories and possessions, including Puerto Rico, Guam and
the U.S.
Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and carriers
flying the flags
of the foregoing countries.

					
	 
	 	1
	 	THE WORLD UNSEEN

 

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast
the Program in the languages licensed hereunder on any and all Telecast Service(s)
which is and/or
are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast
Service”). Such Telecast Service may be advertiser supported and/or accept and
disclose on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term “standard television” means all
forms of “free
broadcast television.” The term “non-standard television” means all other forms of
“television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically
capable of being limited
to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive
and delayed
exhibition), now known or hereafter devised by which a television signal is or may be
delivered
(including but not limited to analog, digital and HDTV). HERE shall have the
exclusive right, in the
Territory to promote, market, and advertise the Telecast of the Program on the
Telecast Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses during
the Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at
its sole option,
shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the
Territory during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or
otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television,
including via any
transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise
exploited in any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the
Program and all elements thereof throughout the world, regardless of location, on any
and all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or
owned services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment
centers, cruise ships,
hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and
nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard
television, including Internet distribution, during the Term.

					
	 
	 	2
	 	THE WORLD UNSEEN

 

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of US$35,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the
Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the
first Telecast of the
Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following
the first Telecast of the
Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such
extension shall be $17,500 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively,
“Deliverables”) as more fully set forth in Exhibit A, attached hereto and forming a
part hereof. Timely delivery of the Deliverables shall be of the essence of the
Agreement. Licensor shall be responsible for the expense of shipping Deliverables from
Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with
respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only
unless otherwise
specified herein) existing slides, photos and other publicity and
promotional materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto and
of which Licensor
informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby
acknowledges HERE’S
preference for original color slides and agrees to use best efforts to furnish
same to HERE.
To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120)
days prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is
grounds for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs by all means and/or media (including, but not limited to the Internet) in the
Language specified herein;

     (d) The right to create television promotional spots featuring segments (not
to exceed four (4) minutes each) of the Program and the right to engage in
commercial or

					
	 	 	 	 	 
	 
	 	3
	 	THE WORLD UNSEEN

 

 

promotional tie-ins with sponsors of the Program or the Telecast Service, subject
to any restrictions or obligations contained in the talent agreements and
notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or
voice of, and biographical information relating to, anyone who rendered
services in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct
endorsement of any
product or Telecast Service other than the Telecast Service referred to in
this Agreement, and
subject to any applicable guild and third party contractual restrictions of
which Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’s
inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration
within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has
the right to enter
into this Agreement, to grant all rights (including but not limited to grand rights)
granted herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising use of
the Program or
any part thereof as provided herein shall not violate the rights of any third party or
cause HERE to
have any financial liability whatsoever, except for the License Fee set forth herein and
payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by Licensor
herein, or any promotional use by HERE of the Program or any elements thereof, in any
manner in any media (but not as a direct endorsement of any product), including without
limitation, clips, photographs and music. HERE shall similarly indemnify and hold
harmless Licensor for any breach of any warranty or representation of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an
endorsement to
the policy evidencing such coverage prior to the commencement of principal photography of
the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million, shall
be obtained
prior to the commencement of principal photography of the Program with no exclusions from
an entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per
claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that
HERE also may
have its own insurance coverage. As a condition to HERE’S obligations under this
Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance
with the laws of
the State of California applicable to contracts entered into and fully to be performed
therein. Licensor
hereby consents and submits to the jurisdiction of the federal and state courts located in
the State of
California, and any action or suit under this Agreement may be brought in any federal or
state court
with appropriate jurisdiction over the subject matter established or sitting in the State
of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties
hereto and their respective successors and permitted assigns. Licensor may not assign,
license or

					
	 	 	 	 	 
	 
	 	4
	 	THE WORLD UNSEEN

 

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party. HERE may assign any or all of its rights
and obligations under this Agreement for purposes of distribution of the Program, or in
connection with a merger or sale of the assets of HERE, as long as assignee assumes all
of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its
sole and absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein,
Licensor shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever
prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any
preceding or succeeding breach hereof. Notwithstanding any other provision of this
Agreement,
Licensors sole remedy for breach by HERE of any of its obligations under this Agreement
shall be an
action at law for damages and Licensor acknowledges that such damages are fully adequate
to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall
Licensor seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours,

HERE NETWORKS L.L.C.

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Its: EXECUTIVE VICE PRESIDENT 	 	 
	 	 	 	 

	 	 	 	 	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 
	 	Its: VICE PRESIDENT 	 	 
	 	 	 	 
	 

					
	 	 	 	 	 
	 
	 	5
	 	THE WORLD UNSEEN

 

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of August 19, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES

A. HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the
following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV)
with continuous time code and control track from the beginning of tape leader to the
end.
ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at OdB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects
only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color bars
video level and audio
tone level: if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or O.OmV for digital) duration: 30 seconds: time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or O.OmV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or O.OmV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings,
disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should
start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

					
	 	 	 	 	 
	 
	 	6
	 	THE WORLD UNSEEN

 

 

	6.	 	HP videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate
Interlaced; referenced to 59.94HZ
(Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4:
stereo music & effects only (Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to
the HD video stream at the 29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure,
then HERE shall have the option to (i) terminate this Agreement with no further
liability or obligation to Licensor, or (ii) create or cure the defective elements
and charge the cost thereof to Licensor.

	B.	 	OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs
including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and
poster art; captioned host/star/director head shots all in the highest resolution available on all of the
following formats
available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the title and a brief description of the Program’s topic and content), a complete list of
cast and credits,
and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each
musical composition contained within the Program, the title, type of use, duration of
use and the
names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any

	3.	 	Credit Statement: One (1) original typewritten copy with a copy on
diskette in Word 4.0 format of a
statement of credits applicable to the Program setting forth the names and credit
obligations of
Licensor with regard to all persons to whom Licensor is contractually obligated to
accord credit on the
screen, in any paid advertising.

					
	 	 	 	 	 
	 
	 	7
	 	THE WORLD UNSEEN

 

 

Here Networks L.LC.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone:310-806-4288

Fax: 310-806-4268

As of August 26, 2008

Regent Worldwide Sales L.L.C.
 on
behalf of Convergent Funding,
LLC
 10990 Wilshire Boulevard,
Suite 1150
 Los Angeles, CA 90024

Re: URGENCY

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled URGENCY (the “Program”) for
exhibition on Here Networks program services (“Here Networks”). For good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: URGENCY
(running time
96 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English
language and available in hi-definition, digi-beta or beta sp video elements in
accordance with
the technical specifications of HERE’s standard delivery schedule attached
hereto as Exhibit
“A;” and

(b) Shall be completely finished, fully edited and titled, and fully
synchronized with language,
dialogue, sound and music, recorded with sound equipment pursuant to valid
licenses, and in
all respects ready, and of a technical quality adequate for general first-class
Telecast (as
defined below in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the
Exhibition Period as set forth in Paragraph 3 hereof (“Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as
defined in
subparagraph 8(d) hereof (“Extended Term”),

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of
four (4) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE
of all of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and
Canada and their respective territories and possessions, including Puerto Rico, Guam
and the U.S.
Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and
carriers flying the flags
of the foregoing countries.

					
	 	 	 	 	 
	 
	 	1
	 	URGENCY

 

 

	5.	 	Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast the Program in the languages licensed hereunder on any and all Telecast
Service(s) which is and/or are branded and/or owned in whole or in part and/or
operated now or in the future by here! Networks, or a parent company, division,
affiliate, subsidiary, or licensee thereof in the territory
(“Telecast Service”).
Such Telecast Service may be advertiser supported and/or accept and disclose on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute, perform and exhibit the Program on the Telecast Service via all forms of
“standard television” and “non-standard television” (“Telecast”). The term
“standard television” means all forms of “free broadcast television.” The term
“non-standard television” means all other forms of “television,” excluding free
broadcast television only. The term “television” includes, without limitation, all
means, manner and method of transmission via over-the-air, satellite, cable,
broadband, wireless, Internet protocol, the Internet (provided access to such
transmission is technologically capable of being limited to the Territory, e.g.,
conditional access) and transmission to mobile and handheld devices and any other
technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-view, closed circuit and all forms and variations of
video-on-demand, interactive and delayed exhibition), now known or hereafter devised
by which a television signal is or may be delivered (including but not limited to
analog, digital and HDTV). HERE shall have the exclusive right, in the Territory to
promote, market, and advertise the Telecast of the Program on the Telecast Service in
all forms of television and other media, including without limitation the Internet.
Notwithstanding the foregoing, the parties acknowledge that Licensor may seek third
party licenses during the Term and for the Extended Term, for all or part of the
rights granted hereunder and HERE, at its sole option, shall have the right to
relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an
unlimited number of exhibition days, on each and every Telecast Service throughout the
Territory during the Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to
Telecast or otherwise exhibit, or authorize, cause, or permit any other person or
entity to Telecast or otherwise exhibit in any manner or form whatsoever, the Program
in any language or subtitled version in the Territory during the Term on any form of
standard or non-standard television, including via any transmission of the Program on
the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original
television premiere of the Program such that the Program shall not have been exhibited
or otherwise exploited in any media whatsoever anywhere in the Territory prior to
HERE’S initial Telecast of the Program on the Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to
Telecast the Program and all elements thereof throughout the world, regardless of
location, on any and all cruise ships, theme parks, hotels, airplanes, resorts and
entertainment centers that are broadcasting any Telecast Services, provided that
Telecast of the Program on any such branded and/or owned services shall be limited to
closed circuit television or a similar form of limited access television exhibition
permitting access only within the particular theme park, resort, entertainment
centers, cruise ships, hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a
premiere in both standard and nonstandard television formats and Internet distribution
in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard television, including Internet distribution, during the Term.

					
	 	 	 	 	 
	 
	 	2
	 	URGENCY

 

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the Program
of US$50,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the Program
in the Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the first
Telecast of the Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months
following the first Telecast of the Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such extension shall be $25,000 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively,
“Deliverables”) as more fully set forth in Exhibit A, attached hereto and forming a
part hereof. Timely delivery of the Deliverables shall be of the essence of the
Agreement. Licensor shall be responsible for the expense of shipping Deliverables
from Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for
all purposes, including, without limitation, wrapping, formatting and scheduling,
creating promotional interstitial elements, inserting commercials, and conforming with
HERE’S standards and practices,

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with respect to the Program, which rights shall be exclusive to HERE
within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without
the payment of any additional compensation, any and all audio, visual and other
elements of the Program, including without limitation, any clips, music (in
context only unless otherwise specified herein) existing slides, photos and
other publicity and promotional materials reasonably available to or under the
control of Licensor (“Advertising Materials”), subject to any pre-existing third
party contractual restrictions applicable thereto and of which Licensor informs
HERE in writing at the time of delivery of the Advertising Materials. HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not constitute a material breach of this Agreement.
Licensor hereby acknowledges HERE’S preference for original color slides and
agrees to use best efforts to furnish same to HERE. To the extent reasonably
practical, said Advertising Materials shall be delivered to HERE at Licensor’s
sole cost and expense not less than one hundred and twenty (120) days prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor shall deliver said Advertising Materials in accordance with the
Delivery Requirements. Licensor understands that the furnishing of the
aforementioned Advertising Materials is a material obligation of this Agreement
and failure to comply with such is grounds for termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses
for the purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs by all means and/or media (including, but not limited to the Internet)
in the Language specified herein;

     (d) The right to create television promotional spots featuring segments
(not to exceed four (4) minutes each) of the Program and the right to engage in
commercial or

					
	 	 	 	 	 
	 
	 	3
	 	URGENCY

 

 

promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or voice of, and biographical information relating to, anyone who rendered
services in or in connection with the Program, for the purpose of advertising,
publicizing or promoting the Programs or the Telecast Service, but not so as to
constitute a direct endorsement of any product or Telecast Service other than
the Telecast Service referred to in this Agreement, and subject to any
applicable guild and third party contractual restrictions of which Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or unintentional failure to comply with any applicable guild or
third party contractual restrictions shall not constitute a material breach of
this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it
has the right to enter into this Agreement, to grant all rights (including but not
limited to grand rights) granted herein and to perform all of Licensor’s obligations
hereunder and that HERE’S exercise of its rights hereunder, including, without
limitation, the exhibition, promotion, publicity and advertising use of the Program or
any part thereof as provided herein shall not violate the rights of any third party or
cause HERE to have any financial liability whatsoever, except for the License Fee set
forth herein and payment to performing rights societies such as ASCAP
and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel
fees, relating to the Program or arising from exhibition of the Program by HERE or
the Here Networks program services, any breach of any warranty or representation made
by Licensor herein, or any promotional use by HERE of the Program or any elements
thereof, in any manner in any media (but not as a direct endorsement of any product),
including without limitation, clips, photographs and music. HERE shall similarly
indemnify and hold harmless Licensor for any breach of any warranty or representation
of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional insured
with respect to the Program under Licensor’s Errors and Omissions and shall provide
HERE with an endorsement to the policy evidencing such coverage prior to the
commencement of principal photography of the Program. Such insurance shall be in an
amount not less than $1 Million/$3 Million, shall be obtained prior to the
commencement of principal photography of the Program with no exclusions from an entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per
claim. Licensor shall cause its carrier to assume primary responsibility
notwithstanding that HERE also may have its own insurance coverage. As a condition to
HERE’s obligations under this Agreement, Licensor shall provide HERE with a copy of
such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance with
the laws of the State of California applicable to contracts entered into and fully to
be performed therein. Licensor hereby consents and submits to the jurisdiction of the
federal and state courts located in the State of California, and any action or suit
under this Agreement may be brought in any federal or state court with appropriate
jurisdiction over the subject matter established or sitting in the State of
California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties hereto and their respective successors and permitted assigns.
Licensor may not assign, license or

					
	 	 	 	 	 
	 
	 	4
	 	URGENCY

 

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party. HERE may assign any or all of its rights
and obligations under this Agreement for purposes of distribution of the Program, or
in connection with a merger or sale of the assets of HERE, as long as assignee assumes
all of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in
its sole and absolute discretion if Licensor fails to deliver the Program in
accordance with the terms and conditions hereof, subject to any notice and cure
provisions hereof. Except as expressly provided herein, Licensor shall not have the
right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever prior to the expiration of the Term, unless with the consent of both
parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any preceding or succeeding breach hereof. Notwithstanding any other
provision of this Agreement, Licensor’s sole remedy for breach by HERE of any of its
obligations under this Agreement shall be an action at law for damages and Licensor
acknowledges that such damages are fully adequate to compensate Licensor in the case
of any breach by HERE hereunder. In no event shall Licensor seek or be entitled to
rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours,

HERE NETWORKS L.L.C.

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Its: EXECUTIVE VICE PRESIDENT 	 	 
	 	 	 	 
	 

	 	 	 	 	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 
	 	Its: VICE PRESIDENT 	 
	 	 	 	 
	 

					
	 	 	 	 	 
	 
	 	5
	 	URGENCY

 

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of August 26, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES

A. HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality master available in the
following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV)
with continuous time code and control track from the beginning of tape leader to the
end.
ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous
control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at OdB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects
only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color
bars video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings,
disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should
start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

					
	 	 	 	 	 
	 
	 	6
	 	URGENCY

 

 

	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate
Interlaced; referenced to 59.94HZ
(Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4:
stereo music & effects only
(Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to
the HD video stream at the
29,97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of
notice to cure the defects and redeliver the master videotape. If Licensor does not
cure, then HERE shall have the option to (i) terminate this Agreement with no
further liability or obligation to Licensor, or (ii) create or cure the defective
elements and charge the cost thereof to Licensor.

B. OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs
including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and
poster art; captioned
host/star/director head shots all in the highest resolution available on all of the
following formats
available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the
title and a brief description of the Program’s topic and content), a complete list of
cast and credits,
and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each
musical composition contained within the Program, the title, type of use, duration of
use and the
names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on
diskette in Word 4.0 format of a
statement of credits applicable to the Program setting forth the names and credit
obligations of
Licensor with regard to all persons to whom Licensor is contractually obligated to
accord credit on the
screen, in any paid advertising.

					
	 	 	 	 	 
	 
	 	7
	 	URGENCY

 

 

Here
Networks L.L.C.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of August 28, 2008

Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

     Re: HEAT WAVE

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled HEAT WAVE (the “Program”) for
exhibition on Here Networks program services (“Here Networks”). For good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: HEAT WAVE
(running
time 98 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English language and available in hi-definition, digi-beta or beta sp video
elements in accordance with the technical specifications of HERE’s standard
delivery schedule attached hereto as Exhibit “A;” and

(b) Shall be completely finished, fully edited and titled, and fully
synchronized with language, dialogue, sound and music, recorded with sound
equipment pursuant to valid licenses, and in all respects ready, and of a
technical quality adequate for general first-class Telecast (as defined below in
paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and
continue throughout the
Exhibition Period as set forth in Paragraph 3 hereof (“Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as
defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the
Program during the period of
four (4) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE
of all of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and
Canada and their respective territories and possessions, including Puerto Rico, Guam
and the U.S.
Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and
carriers flying the flags
of the foregoing countries.

					
	 	 	 	 	 
	 
	 	1
	 	HEAT WAVE

 

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast
the Program in the languages licensed hereunder on any and all Telecast
Service(s) which is and/or
are branded and/or owned in whole or in part and/or operated now or in the future
by here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast
Service”). Such Telecast Service may be advertiser supported and/or accept and
disclose on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of
“standard television” and
“non-standard television” (“Telecast”). The term “standard television” means
all forms of “free
broadcast television.” The term “non-standard television” means all other
forms of “television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air. satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically
capable of being limited
to the Territory, e.g., conditional access) and transmission to mobile and
handheld devices and any
other technology (including, without limitation, cable, free broadcast,
subscription television, pay-per-view, closed circuit and all forms and variations of video-on-demand,
interactive and delayed
exhibition), now known or hereafter devised by which a television signal is or
may be delivered
(including but not limited to analog, digital and HDTV). HERE shall have the
exclusive right, in the
Territory to promote, market, and advertise the Telecast of the Program on the
Telecast Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses
during the Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE,
at its sole option,
shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an
unlimited
number of exhibition days, on each and every Telecast Service throughout the
Territory during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to
Telecast or
otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise
exhibit in any manner or form whatsoever, the Program in any language or
subtitled version in the
Territory during the Term on any form of standard or non-standard television,
including via any
transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original
television premiere
of the Program such that the Program shall not have been exhibited or otherwise
exploited in any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of
the Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to
Telecast the
Program and all elements thereof throughout the world, regardless of location, on
any and all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded
and/or owned services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment
centers, cruise ships,
hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a
premiere in both standard and
nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard
television, including Internet distribution, during the Term.

					
	 	 	 	 	 
	 
	 	2
	 	HEAT WAVE

 

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the Program
of US$50,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the Program
in the Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the first
Telecast of the Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months
following the first Telecast of the
Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such
extension shall be $25,000 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively,
“Deliverables”) as more fully set forth in
Exhibit A, attached hereto and forming a part hereof. Timely delivery of the
Deliverables shall be of
the essence of the Agreement. Licensor shall be responsible for the expense of
shipping Deliverables
from Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for
all purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional
interstitial elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with
respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without
the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only
unless otherwise
specified herein) existing slides, photos and other publicity and
promotional materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto
and of which Licensor
informs HERE in writing at the time of delivery of the Advertising
Materials. HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement, Licensor hereby
acknowledges HERE’S
preference for original color slides and agrees to use best efforts to
furnish same to HERE.
To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120)
days prior to
commencement of the Term, or as early as reasonably and commercial
possible. Licensor
shall deliver said Advertising Materials in accordance with the
Delivery Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such
is grounds for
termination of this Agreement:

     (b) The right to create and use written summaries, extracts, and synopses
for the
purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs
by all means and/or media (including, but not limited to the Internet) in
the Language specified
herein;

     (d) The right to create television promotional spots featuring segments
(not to
exceed four (4) minutes each) of the Program and the right to engage in
commercial or

					
	 	 	 	 	 
	 
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promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or
voice of, and biographical information relating to, anyone who rendered
services in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct
endorsement of any
product or Telecast Service other than the Telecast Service referred to in
this Agreement, and
subject to any applicable guild and third party contractual restrictions of
which Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing,
HERE’S inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration
within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it
has the right to enter
into this Agreement, to grant all rights (including but not limited to grand rights)
granted herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising
use of the Program or
any part thereof as provided herein shall not violate the rights of any third party or
cause HERE to
have any financial liability whatsoever, except for the License Fee set forth herein
and payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel
fees, relating to the Program or arising from exhibition of the Program by HERE or
the Here Networks program services, any breach of any warranty or representation made
by Licensor herein, or any promotional use by HERE of the Program or any elements
thereof, in any manner in any media (but not as a direct endorsement of any product),
including without limitation, clips, photographs and music. HERE shall similarly
indemnify and hold harmless Licensor for any breach of any warranty or representation
of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an
endorsement to
the policy evidencing such coverage prior to the commencement of principal photography
of the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million,
shall be obtained
prior to the commencement of principal photography of the Program with no exclusions
from an entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per
claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that
HERE also may
have its own insurance coverage. As a condition to HERE’s obligations under this
Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in
accordance with the laws of
the State of California applicable to contracts entered into and fully to be performed
therein. Licensor
hereby consents and submits to the jurisdiction of the federal and state courts
located in the State of
California, and any action or suit under this Agreement may be brought in any federal
or state court
with appropriate jurisdiction over the subject matter established or sitting in the
State of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties

hereto and their respective successors and permitted assigns. Licensor may not
assign, license or

					
	 	 	 	 	 
	 
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otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party. HERE may assign any or all of its rights
and obligations under this Agreement for purposes of distribution of the Program, or in
connection with a merger or sale of the assets of HERE, as long as assignee assumes all
of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its
sole and absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein,
Licensor shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever
prior to the expiration of the Term, unless with the consent of both parties in writing.

17.
Remedies: No waiver by either party of any breach hereof shall be deemed a waiver of
any
preceding or succeeding breach hereof. Notwithstanding any other provision of this
Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement
shall be an
action at law for damages and Licensor acknowledges that such damages are fully adequate
to
compensate Licensor in the case of any breach by HERE hereunder. in no event shall
Licensor seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

Very truly yours,

	 	 	 	 	 
	HERE NETWORKS L.L.C.

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Its: Executive Vice President 	 	 

AGREED AND ACCEPTED:

	 	 	 	 	 
	REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 
	 	Its: VICE PRESIDENT 	 	 

					
	 	 	 	 	 
	 
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EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of August 28, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

A. HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program,

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the
following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV)
with continuous time code and control track from the beginning of tape leader to the
end.
ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous
control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects
only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color bars
video level and audio
tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings,
disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should
start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

					
	 	 	 	 	 
	 
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	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate
Interlaced; referenced to 59.94HZ
(Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4:
stereo music & effects only
(Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to
the HD video stream at the
29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure,
then HERE shall have the option to (i) terminate this Agreement with no further
liability or obligation to Licensor, or (ii) create or cure the defective elements
and charge the cost thereof to Licensor.

B. OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs
including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and
poster art; captioned
host/star/director head shots all in the highest resolution available on all of the
following formats
available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the
title and a brief description of the Program’s topic and content), a complete list of
cast and credits,
and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each
musical composition contained within the Program, the title, type of use, duration of
use and the
names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on
diskette in Word 4.0 format of a
statement of credits applicable to the Program setting forth the names and credit
obligations of
Licensor with regard to all persons to whom Licensor is contractually obligated to
accord credit on the
screen, in any paid advertising.

					
	 	 	 	 	 
	 
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Here Networks L.LC.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax:310-806-4268

As of September 3, 2008

Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

     Re: SAVING MARRIAGE

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled SAVING MARRIAGE (the “Program”)
for exhibition on Here Networks program services (“Here Networks”). For good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged,
the parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: SAVING
MARRIAGE
(running time 90 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English language and available in hi-definition, digi-beta or beta sp video
elements in accordance with the technical specifications of HERE’s standard
delivery schedule attached hereto as Exhibit “A;” and

(b) Shall be completely finished, fully edited and titled, and fully
synchronized with language, dialogue, sound and music, recorded with sound
equipment pursuant to valid licenses, and in all respects ready, and of a
technical quality adequate for general first-class Telecast (as defined below in
paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the
Exhibition Period as set forth in Paragraph 3 hereof (“Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of
four (4) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE of
all of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and
Canada and their respective territories and possessions, including Puerto Rico, Guam and
the U.S.
Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and carriers
flying the flags
of the foregoing countries.

					
	 	 	 	 	 
	 
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	 	SAVING MARRIAGE

 

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast
the Program in the languages licensed hereunder on any and all Telecast Service(s)
which is and/or
are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast
Service”). Such Telecast Service may be advertiser supported and/or accept and
disclose on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term “standard television” means all
forms of “free
broadcast television.” The term “non-standard television” means all other forms of
“television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically
capable of being limited
to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive and
delayed
exhibition), now known or hereafter devised by which a television signal is or may be
delivered
(including but not limited to analog, digital and HDTV). HERE shall have the
exclusive right, in the
Territory to promote, market, and advertise the Telecast of the Program on the
Telecast Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses during
the Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at
its sole option,
shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the
Territory during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or
otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television,
including via any
transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise
exploited in any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the
Program and all elements thereof throughout the world, regardless of location, on any
and all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or
owned services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment
centers, cruise ships,
hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and
nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard
television, including Internet distribution, during the Term.

					
	 	 	 	 	 
	 
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	 	SAVING MARRIAGE

 

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of
US$30,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the
Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the
first Telecast of the
Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following
the first Telecast of the
Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such
extension shall be $15,000 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”)
as more fully set forth in
Exhibit A, attached hereto and forming a part hereof. Timely delivery of the
Deliverables shall be of
the essence of the Agreement. Licensor shall be responsible for the expense of shipping
Deliverables
from Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only unless
otherwise
specified herein) existing slides, photos and other publicity and
promotional materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto and of
which Licensor
informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S
preference for original color slides and agrees to use best efforts to furnish
same to HERE.
To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120)
days prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is
grounds for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the
purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs
by all means and/or media (including, but not limited to the Internet) in the
Language specified
herein;

     (d) The right to create television promotional spots featuring segments (not to
exceed four (4) minutes each) of the Program and the right to engage in
commercial or

					
	 	 	 	 	 
	 
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	 	SAVING MARRIAGE

 

 

promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or
voice of, and biographical information relating to, anyone who rendered
services in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct
endorsement of any
product or Telecast Service other than the Telecast Service referred to in this
Agreement, and
subject to any applicable guild and third party contractual restrictions of
which Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration
within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has
the right to enter
into this Agreement, to grant all rights (including but not limited to grand
rights) granted herein and to
perform all of Licensor’s obligations hereunder and that
HERE’s exercise of its rights hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising use of
the Program or
any part thereof as provided herein shall not violate the rights of any third party or
cause HERE to
have any financial liability whatsoever, except for the License Fee set forth herein and
payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements thereof,
in any manner in any media (but not as a direct endorsement of any product), including
without limitation, clips, photographs and music. HERE shall similarly indemnify and
hold harmless Licensor for any breach of any warranty or representation of HERE
hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an
endorsement to
the policy evidencing such coverage prior to the commencement of principal photography of
the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million, shall
be obtained
prior to the commencement of principal photography of the Program with no exclusions from
an entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per
claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that
HERE also may
have its own insurance coverage. As a condition to HERE’s obligations under this
Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance
with the laws of
the State of California applicable to contracts entered into and fully to be performed
therein. Licensor
hereby consents and submits to the jurisdiction of the federal and state courts located in
the State of
California, and any action or suit under this Agreement may be brought in any federal or
state court
with appropriate jurisdiction over the subject matter established or sitting in the State
of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties
hereto and their respective successors and permitted assigns. Licensor may not assign,
license or

					
	 	 	 	 	 
	 
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	 	SAVING MARRIAGE

 

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party. HERE may assign any or all of its rights
and obligations under this Agreement for purposes of distribution of the Program, or in
connection with a merger or sale of the assets of HERE, as long as assignee assumes all
of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its
sole and absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein,
Licensor shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever
prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any
preceding or succeeding breach hereof. Notwithstanding any other provision of this
Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement
shall be an
action at law for damages and Licensor acknowledges that such damages are fully adequate
to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall
Licensor seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

Very truly yours,

	 	 	 	 	 
	HERE NETWORKS L.L.C.

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Its: Executive Vice President 	 	 

AGREED AND ACCEPTED:

	 	 	 	 	 
	REGENT WORLDWIDE SALES L.LC.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 
	 	Its: VICE PRESIDENT 	 	 

					
	 	 	 	 	 
	 
	 	5
	 	SAVING MARRIAGE

 

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of September 3, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

A. HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the
following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV)
with continuous time code and control track from the beginning of tape leader to the
end.
ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects
only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color bars
video level and audio
tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings,
disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should
start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

					
	 	 	 	 	 
	 
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	 	SAVING MARRIAGE

 

 

	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate Interlaced; referenced to 59.94HZ
(Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects only
(Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to the HD video stream at the
29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure,
then HERE shall have the option to (i) terminate this Agreement with no further
liability or obligation to Licensor, or (ii) create or cure the defective elements
and charge the cost thereof to Licensor.

B. OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs
including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and poster art; captioned
host/star/director head shots all in the highest resolution available on all of the following formats
available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the Program (including the
title and a brief description of the Program’s topic and content), a complete list of cast and credits,
and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each
musical composition contained within the Program, the title, type of use, duration of
use and the
names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on
diskette in Word 4.0 format of a
statement of credits applicable to the Program setting forth the names and credit
obligations of
Licensor with regard to all persons to whom Licensor is contractually obligated to
accord credit on the
screen, in any paid advertising.

					
	 	 	 	 	 
	 
	 	7
	 	SAVING MARRIAGE

 

 

Here Networks L.L.C.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of September 5, 2008

Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

     Re: SEX POSITIVE

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled SEX POSITIVE (the “Program”) for
exhibition on Here Networks program services (“Here Networks”). For good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the parties
have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: SEX POSITIVE
(running
time 76 to 120 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English
language and available in hi-definition, digi-beta or beta sp video elements in
accordance with
the technical specifications of HERE’s standard delivery schedule attached hereto as
Exhibit
“A;” and

(b) Shall be completely finished, fully edited and titled, and fully synchronized
with language,
dialogue, sound and music, recorded with sound equipment pursuant to valid licenses,
and in
all respects ready, and of a technical quality adequate for general first-class
Telecast (as
defined below in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the
Exhibition Period as set forth in Paragraph 3 hereof (“Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of
four (4) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE of
all of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and
Canada and their respective territories and possessions, including Puerto Rico, Guam and
the U.S.
Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and carriers
flying the flags
of the foregoing countries.

					
	 	 	 	 	 
	 
	 	1
	 	SEX POSITIVE

 

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast the Program in the languages licensed hereunder on any and all Telecast Service(s)
which is and/or
are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast
Service”). Such Telecast Service may be advertiser supported and/or accept and
disclose on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term “standard television” means all
forms of “free
broadcast television.” The term “non-standard television” means all other forms of
“television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically
capable of being limited
to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive
and delayed
exhibition), now known or hereafter devised by which a television signal is or may be
delivered
(including but not limited to analog, digital and HDTV). HERE shall have the
exclusive right, in the
Territory to promote, market, and advertise the Telecast of the Program on the
Telecast Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses during
the Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at
its sole option,
shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the
Territory during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television,
including via any
transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise
exploited in any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the Program and all elements thereof throughout the world, regardless of location, on any
and all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or
owned services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment
centers, cruise ships,
hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and
nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard
television, including Internet distribution, during the Term.

					
	 	 	 	 	 
	 
	 	2
	 	SEX POSITIVE

 

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of
US$25,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the
Territory; and

(b) 40% on the 15tn day of the month twelve (12) months following the
first Telecast of the
Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following
the first Telecast of the
Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such
extension shall be $12,500 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”)
as more fully set forth in
Exhibit A, attached hereto and forming a part hereof. Timely delivery of the
Deliverables shall be of
the essence of the Agreement. Licensor shall be responsible for the expense of shipping
Deliverables
from Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements,
inserting commercials, and conforming with HERE’S standards and
practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with
respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only unless
otherwise
specified herein) existing slides, photos and other publicity and promotional
materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto and of
which Licensor
informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S
preference for original color slides and agrees to use best efforts to furnish
same to HERE.
To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120)
days prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is
grounds for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs
by all means and/or media (including, but not limited to the Internet) in the
Language specified
herein;

     (d) The right to create television promotional spots featuring segments (not to
exceed four (4) minutes each) of the Program and the right to engage in
commercial or

					
	 	 	 	 	 
	 
	 	3
	 	SEX POSITIVE

 

 

promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or voice of, and biographical information relating to, anyone who rendered
services in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct
endorsement of any
product or Telecast Service other than the Telecast Service referred to in this
Agreement, and
subject to any applicable guild and third party contractual restrictions of
which Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration
within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has
the right to enter
into this Agreement, to grant all rights (including but not limited to grand rights)
granted herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising use of
the Program or
any part thereof as provided herein shall not violate the rights of any third party or
cause HERE to
have any financial liability whatsoever, except for the License Fee set forth herein and
payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements thereof,
in any manner in any media (but not as a direct endorsement of any product), including
without limitation, clips, photographs and music. HERE shall similarly indemnify and
hold harmless Licensor for any breach of any warranty or representation of HERE
hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an
endorsement to
the policy evidencing such coverage prior to the commencement of principal photography of
the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million, shall
be obtained
prior to the commencement of principal photography of the Program with no exclusions from
an entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per
claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that
HERE also may
have its own insurance coverage. As a condition to HERE’s obligations under this
Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance
with the laws of
the State of California applicable to contracts entered into and fully to be performed
therein. Licensor
hereby consents and submits to the jurisdiction of the federal and state courts located in
the State of
California, and any action or suit under this Agreement may be brought in any federal or
state court
with appropriate jurisdiction over the subject matter established or sitting in the State
of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties
hereto and their respective successors and permitted assigns. Licensor may not assign,
license or

					
	 	 	 	 	 
	 
	 	4
	 	SEX POSITIVE

 

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party. HERE may assign any or all of its rights
and obligations under this Agreement for purposes of distribution of the Program, or
in connection with a merger or sale of the assets of HERE, as long as assignee assumes
all of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its
sole and absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein,
Licensor shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever
prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any
preceding or succeeding breach hereof. Notwithstanding any other provision of this
Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement
shall be an
action at law for damages and Licensor acknowledges that such damages are fully adequate
to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall
Licensor seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours,

HERE NETWORKS L.L.C

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Its: EXECUTIVE VICE PRESIDENT 	 	 
	 	 	 	 
	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/
Paul A. Colichman
 	 	 
	 	Its: VICE PRESIDENT 	 	 
	 	 	 	 
	 

					
	 	 	 	 	 
	 
	 	5
	 	SEX POSITIVE

 

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of September 5, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

A. HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the
following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape

	 
	 	•	 	90-minute program = 94 minutes tape

 
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black analog 7.5 IRE; digital 0.0mV)
with continuous time code and control track from the beginning of tape leader to the end.
ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color
bars video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds: time code: 00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds: time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code: 00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration; 10 seconds; time code: 00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code: 00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO NOT include ratings,
disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes, tape #1 program should
start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

					
	 	 	 	 	 
	 
	 	6
	 	SEX POSITIVE

 

 

	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate
Interlaced: referenced to 59.94HZ (Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4:
stereo music & effects only (Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to
the HD video stream at the 29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure,
then HERE shall have the option to (i) terminate this Agreement with no further
liability or obligation to Licensor, or (ii) create or cure the defective elements
and charge the cost thereof to Licensor.

B. OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and
poster art; captioned host/star/director head shots all in the highest resolution
available on all of the following formats available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the title and a brief description of the Program’s topic and
content), a complete list of cast and credits, and biographies of key Program
performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each musical composition contained within the Program, the title,
type of use, duration of use and the names of the composer, lyricist, publisher,
copyright proprietor and performing rights society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on
diskette in Word 4.0 format of a statement of credits applicable to the Program
setting forth the names and credit obligations of Licensor with regard to all persons
to whom Licensor is contractually obligated to accord credit on the screen, in any
paid advertising.

					
	 	 	 	 	 
	 
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	 	SEX POSITIVE

 

 

Here
Networks L.LC.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of September 10, 2008

Regent Worldwide Sales L.L.C. 
on
behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite
1150
 Los Angeles, CA 90024

     Re: EVERYTHING YOU WANTED TO KNOW

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“licensor”) has agreed to license to
HERE NETWORKS L.L.C. (“HERE”) the motion picture entitled EVERYTHING YOU WANTED TO
KNOW (the “Program”) for exhibition on Here Networks program services (“Here
Networks”). For good and valuable consideration, the receipt and sufficiency of which
is hereby acknowledged, the parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: EVERYTHING
YOU
WANTED TO KNOW (running time 86 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English
language and available in hi-definition, digi-beta or beta sp video elements in
accordance with
the technical specifications of HERE’s standard delivery schedule attached hereto
as Exhibit
“A;” and

(b) Shall be completely finished, fully edited and titled, and fully synchronized
with language,
dialogue, sound and music, recorded with sound equipment pursuant to valid
licenses, and in
all respects ready, and of a technical quality adequate for general first-class
Telecast (as
defined below in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the
Exhibition Period as set forth in Paragraph 3 hereof (“Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of
four (4) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE of
all of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and
Canada and their respective territories and possessions, including Puerto Rico, Guam and
the U.S.
Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and carriers
flying the flags
of the foregoing countries.

					
	 	 	 	 	 
	 
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5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast
the Program in the languages licensed hereunder on any and all Telecast Service(s)
which is and/or
are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast
Service”). Such Telecast Service may be advertiser supported and/or accept and
disclose on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term
“standard television”1 means all forms of “free
broadcast television.” The term “non-standard television” means all other forms of
“television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically
capable of being limited
to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive
and delayed
exhibition), now known or hereafter devised by which a television signal is or may be
delivered
(including but not limited to analog, digital and HDTV). HERE shall have the
exclusive right, in the
Territory to promote, market, and advertise the Telecast of the Program on the
Telecast Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses during
the Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at
its sole option,
shall have the right to relicense such rights to Licensor,

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the
Territory during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or
otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television,
including via any
transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise
exploited in any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the
Program and all elements thereof throughout the world, regardless of location, on any
and all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or
owned services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment
centers, cruise ships,
hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and
nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard
television, including Internet distribution, during the Term.

					
	 	 	 	 	 
	 
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	 	EVERYTHING YOU WANTED TO KNOW

 

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the Program
of US$35,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the Program
in the
Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the first
Telecast of the Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months
following the first Telecast of the
Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such
extension shall be $17,500 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”)
as more fully set forth in
Exhibit A, attached hereto and forming a part hereof. Timely delivery of the
Deliverables shall be of
the essence of the Agreement. Licensor shall be responsible for the expense of shipping
Deliverables
from Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with
respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only
unless otherwise
specified herein) existing slides, photos and other publicity and
promotional materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto and
of which Licensor
informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby
acknowledges HERE’S
preference for original color slides and agrees to use best efforts to furnish
same to HERE.
To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120)
days prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is
grounds for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the
purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs
by all means and/or media (including, but not limited to the Internet) in the
Language specified
herein;

     (d) The right to create television promotional spots featuring segments (not
to
exceed four (4) minutes each) of the Program and the right to engage in
commercial or

					
	 	 	 	 	 
	 
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	 	EVERYTHING YOU WANTED TO KNOW

 

 

promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or voice of, and biographical information relating to, anyone who rendered
services in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct
endorsement of any
product or Telecast Service other than the Telecast Service referred to in this
Agreement, and
subject to any applicable guild and third party contractual restrictions of
which Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing,
HERE’S
inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration
within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has
the right to enter
into this Agreement, to grant all rights (including but not limited to grand rights)
granted herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising use of
the Program or
any part thereof as provided herein shall not violate the rights of any third party or
cause HERE to
have any financial liability whatsoever, except for the License Fee set forth herein and
payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements
thereof, in any manner in any media (but not as a direct endorsement of any product),
including without limitation, clips, photographs and music. HERE shall similarly
indemnify and hold harmless Licensor for any breach of any warranty or representation
of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an
endorsement to
the policy evidencing such coverage prior to the commencement of principal photography of
the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million, shall
be obtained
prior to the commencement of principal photography of the Program with no exclusions from
an entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per
claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that
HERE also may
have its own insurance coverage. As a condition to HERE’s obligations under this
Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance
with the laws of
the State of California applicable to contracts entered into and fully to be performed
therein. Licensor
hereby consents and submits to the jurisdiction of the federal and state courts located in
the State of
California, and any action or suit under this Agreement may be brought in any federal or
state court
with appropriate jurisdiction over the subject matter established or sitting in the State
of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties
hereto and their respective successors and permitted assigns. Licensor may not assign,
license or

					
	 	 	 	 	 
	 
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	 	EVERYTHING YOU WANTED TO KNOW

 

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party. HERE may assign any or all of its rights
and obligations under this Agreement for purposes of distribution of the Program, or in
connection with a merger or sale of the assets of HERE, as long as assignee assumes all
of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its
sole and absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein,
Licensor shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever
prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any
preceding or succeeding breach hereof. Notwithstanding any other provision of this
Agreement.
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement
shall be an
action at law for damages and Licensor acknowledges that such damages are fully adequate
to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall
Licensor seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours,

HERE NETWORKS L.L.C.

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Its: Executive Vice President 	 	 
	 	 	 	 
	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 
	 	Its: VICE PRESIDENT 	 	 
	 	 	 	 
	 

					
	 	 	 	 	 
	 
	 	5
	 	EVERYTHING YOU WANTED TO KNOW

 

 

     EXHIBIT
A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of September 10, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

A. HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the
following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY: other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black analog 7.5 IRE; digital 0.0mV)
with continuous time code and control track from the beginning of tape leader to the end.
ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color
bars video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code: 00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code: 00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code: 00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital)
duration: 10 seconds; time code: 00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO NOT include ratings,
disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes, tape #1 program should
start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

					
	 	 	 	 	 
	 
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	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate Interlaced; referenced to 59.94HZ
(Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects only
(Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to the HD video stream at the
29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure,
then HERE shall have the option to (i) terminate this Agreement with no further
liability or obligation to Licensor, or (ii) create or cure the defective elements
and charge the cost thereof to Licensor.

B. OTHER DELIVERABLES

All other Deliverables should be delivered to: here TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs
including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and poster art; captioned
host/star/director head shots all in the highest resolution available on all of the following formats
available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the Program (including the
title and a brief description of the Program’s topic and content), a complete list of cast and credits,
and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each
musical composition contained within the Program, the title, type of use, duration of
use and the
names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on diskette
in Word 4.0 format of a
statement of credits applicable to the Program setting forth the names and credit
obligations of
Licensor with regard to all persons to whom Licensor is contractually obligated to
accord credit on the
screen, in any paid advertising.

					
	 	 	 	 	 
	 
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Here
Networks L.LC.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of September 12, 2008

Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

     Re: THE INVISIBLE CHRONICLES

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled THE INVISIBLE CHRONICLES (the
“Program”) for exhibition on Here Networks program services (“Here Networks”). For good
and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: THE
INVISIBLE
CHRONICLES (running time 86 minutes inclusive of main and end titles),

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English
language and available in hi-definition, digi-beta or beta sp video elements in
accordance with
the technical specifications of HERE’s standard delivery schedule attached hereto
as Exhibit
“A;” and

(b) Shall be completely finished, fully edited and titled, and fully synchronized
with language,
dialogue, sound and music, recorded with sound equipment pursuant to valid
licenses, and in
all respects ready, and of a technical quality adequate for general first-class
Telecast (as
defined below in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the
Exhibition Period as set forth in Paragraph 3 hereof (“Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of
four (4) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE of
all of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and
Canada and their respective territories and possessions, including Puerto Rico, Guam and
the U.S.
Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and carriers
flying the flags
of the foregoing countries.

					
	 	 	 	 	 
	 
	 	1
	 	THE INVISIBLE CHRONICLES

 

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast the Program in the languages licensed hereunder on any and all Telecast
Service(s) which is and/or are branded and/or owned in whole or in part and/or operated
now or in the future by here! Networks, or a parent company, division, affiliate,
subsidiary, or licensee thereof in the territory (“Telecast Service”). Such Telecast
Service may be advertiser supported and/or accept and disclose on-air program funding in
the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute, perform and exhibit the Program on the Telecast Service via all forms of
“standard television” and “non-standard television” (“Telecast”). The term “standard
television” means all forms of “free broadcast television.” The term
“non-standard television” means all other forms of “television,” excluding free broadcast
television only. The term “television” includes, without limitation, all means, manner
and method of transmission via over-the-air, satellite, cable, broadband, wireless,
Internet protocol, the Internet (provided access to such transmission is technologically
capable of being limited to the Territory, e.g., conditional access) and transmission to
mobile and handheld devices and any other technology (including, without limitation,
cable, free broadcast, subscription television, pay-per-view, closed circuit and all
forms and variations of video-on-demand, interactive and delayed exhibition), now known
or hereafter devised by which a television signal is or may be delivered (including but
not limited to analog, digital and HDTV). HERE shall have the exclusive right, in the
Territory to promote, market, and advertise the Telecast of the Program on the Telecast
Service in all forms of television and other media, including without limitation the
Internet. Notwithstanding the foregoing, the parties acknowledge that Licensor may seek
third party licenses during the Term and for the Extended Term, for all or part of the
rights granted hereunder and HERE, at its sole option, shall have the right to relicense
such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the Territory
during the Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise exhibit in any manner or form whatsoever, the Program in any
language or subtitled version in the Territory during the Term on any form of standard or
non-standard television, including via any transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere of the Program such that the Program shall not have been exhibited or otherwise
exploited in any media whatsoever anywhere in the Territory prior to HERE’S initial
Telecast of the Program on the Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the Program and all elements thereof throughout the world, regardless of location, on any
and all cruise ships, theme parks, hotels, airplanes, resorts and entertainment centers
that are broadcasting any Telecast Services, provided that Telecast of the Program on any
such branded and/or owned services shall be limited to closed circuit television or a
similar form of limited access television exhibition permitting access only within the
particular theme park, resort, entertainment centers, cruise ships, hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and nonstandard television formats and Internet distribution in the
Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard television, including Internet distribution, during the Term.

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8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the Program
of US$35,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the Program
in the Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the first
Telecast of the Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months
following the first Telecast of the Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such extension shall be $25,000 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”)
as more fully set forth in Exhibit A, attached hereto and forming a part hereof. Timely
delivery of the Deliverables shall be of the essence of the Agreement. Licensor shall be
responsible for the expense of shipping Deliverables from Licensor to HERE. Distributor
acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including, without limitation, wrapping, formatting and scheduling, creating
promotional interstitial elements, inserting commercials, and conforming with HERE’S
standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with respect to the Program, which rights shall be exclusive to HERE
within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the Program, including without limitation, any clips, music (in context
only unless otherwise specified herein) existing slides, photos and other
publicity and promotional materials reasonably available to or under the control
of Licensor (“Advertising Materials”), subject to any pre-existing third party
contractual restrictions applicable thereto and of which Licensor informs HERE in
writing at the time of delivery of the Advertising Materials. HERE’S inadvertent
or unintentional failure to comply with any such applicable restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S preference for original color slides and agrees to use best efforts to
furnish same to HERE. To the extent reasonably practical, said Advertising
Materials shall be delivered to HERE at Licensor’s sole cost and expense not less
than one hundred and twenty (120) days prior to commencement of the Term, or as
early as reasonably and commercial possible. Licensor shall deliver said
Advertising Materials in accordance with the Delivery Requirements. Licensor
understands that the furnishing of the aforementioned Advertising Materials is a
material obligation of this Agreement and failure to comply with such is
grounds for termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs by all means and/or media (including, but not limited to the Internet) in
the Language specified herein;

     (d) The right to create television promotional spots featuring segments (not
to exceed four (4) minutes each) of the Program and the right to engage in
commercial or

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promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or voice of, and biographical information relating to, anyone who rendered
services in or in connection with the Program, for the purpose of advertising,
publicizing or promoting the Programs or the Telecast Service, but not so as to
constitute a direct endorsement of any product or Telecast Service other than the
Telecast Service referred to in this Agreement, and subject to any applicable guild
and third party contractual restrictions of which Licensor notifies HERE in advance
in writing. Notwithstanding the foregoing, HERE’S inadvertent or unintentional
failure to comply with any applicable guild or third party contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has
the right to enter into this Agreement, to grant all rights (including but not limited to
grand rights) granted herein and to perform all of Licensor’s obligations hereunder and
that HERE’S exercise of its rights hereunder, including, without limitation, the
exhibition, promotion, publicity and advertising use of the Program or any part thereof as
provided herein shall not violate the rights of any third party or cause HERE to have any
financial liability whatsoever, except for the License Fee set forth herein and payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements
thereof, in any manner in any media (but not as a direct endorsement of any product),
including without limitation, clips, photographs and music. HERE shall similarly
indemnify and hold harmless Licensor for any breach of any warranty or representation
of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to the Program under Licensor’s Errors and Omissions and shall
provide HERE with an endorsement to the policy evidencing such coverage prior to the
commencement of principal photography of the Program. Such insurance shall be in an
amount not less than $1 Million/$3 Million, shall be obtained prior to the commencement of
principal photography of the Program with no exclusions from an entity reasonably approved
by HERE and shall have a deductible of no greater than $25,000 per claim. Licensor shall
cause its carrier to assume primary responsibility notwithstanding that HERE also may have
its own insurance coverage. As a condition to HERE’S obligations under this Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance
with the laws of the State of California applicable to contracts entered into and fully to
be performed therein. Licensor hereby consents and submits to the jurisdiction of the
federal and state courts located in the State of California, and any action or suit under
this Agreement may be brought in any federal or state court with appropriate jurisdiction
over the subject matter established or sitting in the State of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties hereto and their respective successors and permitted assigns.
Licensor may not assign, license or

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4

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party. HERE may assign any or all of its rights
and obligations under this Agreement for purposes of distribution of the Program, or in
connection with a merger or sale of the assets of HERE, as long as assignee assumes all
of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its
sole and absolute discretion if Licensor fails to deliver the Program in accordance with
the terms and conditions hereof, subject to any notice and cure provisions hereof. Except
as expressly provided herein, Licensor shall not have the right to terminate, revoke,
cancel, or rescind this Agreement for any reason whatsoever prior to the expiration of the
Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any preceding or succeeding breach hereof. Notwithstanding any other
provision of this Agreement. Licensor’s sole remedy for breach by HERE of any of its
obligations under this Agreement shall be an action at law for damages and Licensor
acknowledges that such damages are fully adequate to compensate Licensor in the case of
any breach by HERE hereunder. In no event shall Licensor seek or be entitled to
rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours,

HERE NETWORKS L.L.C. 

 	 	 
	 	By:  	

/s/ Mark Reinhart
 	 
	 	 	Its:  Executive Vice President 	 
	 	 	 	 
	 
	 	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 
	 	By:  	/s/ Paul A. Colichman
 	 
	 	 	Its: VICE PRESIDENT 	 
	 	 	 
	 

THE INVISIBLE CHRONICLES

5

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of September 10, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

A.    HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the following order and preference of video tape formats: HD CAM,
DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

3. Videotape brands: SONY: other brands require prior approval

4. Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV) with continuous time code and control track from the
beginning of tape leader to the end. ABSOLUTELY NO FALSE START OF VIDEO OR TIME
CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at OdB analog or digital embedded audio tone.

	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects
only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color
bars video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings, disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should start at TC 01:00:00:00; tape #2 should start at TC
02:00:00:00

					
	 	 	 	 	 
	 
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	 	THE INVISIBLE CHRONICLES

 

 

	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate
Interlaced; referenced to 59.94HZ (Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4:
stereo music & effects only (Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to
the HD video stream at the 29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure,
then HERE shall have the option to (i) terminate this Agreement with no further
liability or obligation to Licensor, or (ii) create or cure the defective elements
and charge the cost thereof to Licensor.
	 
	B.	 	OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and
poster art; captioned host/star/director head shots all in the highest resolution
available on all of the following formats available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the title and a brief description of the Program’s topic and
content), a complete list of cast and credits, and biographies of key Program
performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each musical composition contained within the Program, the title,
type of use, duration of use and the names of the composer, lyricist, publisher,
copyright proprietor and performing rights society, if any

	3.	 	Credit Statement: One (1) original typewritten copy with a copy on diskette
in Word 4.0 format of a statement of credits applicable to the Program setting forth
the names and credit obligations of Licensor with regard to all persons to whom
Licensor is contractually obligated to accord credit on the screen, in any paid
advertising.

					
	 	 	 	 	 
	 
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	 	THE INVISIBLE CHRONICLES

 

 

Here Networks L.LC.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of September 12, 2008

Regent Worldwide Sales L.L.C. on

behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite

1150 Los Angeles, CA 90024

     Re: THE INVISIBLE CHRONICLES

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled
BREAKFAST WITH SCOT (the
“Program”) for exhibition on Here Networks program services (“Here Networks”). For good
and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties have agreed to the following:

1. Program(s): “Program(s)” means
 the motion picture(s) currently entitled: BREAKFAST WITH SCOT
(running time 90 minutes inclusive of main and end titles),

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English language and available in hi-definition, digi-beta or beta sp video
elements in accordance with the technical specifications of HERE’S standard
delivery schedule attached hereto as Exhibit “A;” and

(b) Shall be completely finished, fully edited and titled, and fully synchronized
with language, dialogue, sound and music, recorded with sound equipment pursuant to
valid licenses, and in all respects ready, and of a technical quality adequate for
general first-class Telecast (as defined below in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the Exhibition Period as set forth in Paragraph 3 hereof (‘Term”).
Additionally, prior to expiration of the Term, HERE shall have the option to extend the
Term for an additional five (5) year Exhibition Period, as defined in Paragraph 3 below,
by payment to Licensor of the Extension Fee as defined in subparagraph 8(d) hereof
(“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of four (4) years (“Exhibition Period”) commencing no later than the
earlier of the first Telecast of the Program in the Territory or 6 months from complete
delivery to and acceptance by HERE of all of the Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and Canada and their respective territories and possessions, including
Puerto Rico, Guam and the U.S. Virgin Islands (‘Territory”) and military bases, embassies,
ships, aircrafts and carriers flying the flags of the foregoing countries.

 
					
	 	 	 	 	 
	 
	 	1
	 	BREAKFAST WITH SCOT

 

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast the Program in the languages licensed hereunder on any and all Telecast
Service(s) which is and/or are branded and/or owned in whole or in part and/or operated
now or in the future by here! Networks, or a parent company, division, affiliate,
subsidiary, or licensee thereof in the territory (“Telecast Service”). Such Telecast
Service may be advertiser supported and/or accept and disclose on-air program funding in
the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute, perform and exhibit the Program on the Telecast Service via all forms of
“standard television” and “non-standard television” (“Telecast”). The term “standard
television” means all forms of “free broadcast television.” The term “non-standard
television” means all other forms of “television,” excluding free broadcast television
only. The term “television” includes, without limitation, all means, manner and method of
transmission via over-the-air, satellite, cable, broadband, wireless, Internet protocol,
the Internet (provided access to such transmission is technologically capable of being
limited to the Territory, e.g., conditional access) and transmission to mobile and
handheld devices and any other technology (including, without limitation, cable, free
broadcast, subscription television, pay-per-view, closed circuit and all forms and
variations of video-on-demand, interactive and delayed exhibition), now known or
hereafter devised by which a television signal is or may be delivered (including but not
limited to analog, digital and HDTV). HERE shall have the exclusive right, in the
Territory to promote, market, and advertise the Telecast of the Program on the Telecast
Service in all forms of television and other media, including without limitation the
Internet. Notwithstanding the foregoing, the parties acknowledge that Licensor may seek
third party licenses during the Term and for the Extended Term, for all or part of the
rights granted hereunder and HERE, at its sole option, shall have the right to relicense
such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the Territory
during the Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise exhibit in any manner or form whatsoever, the Program in any
language or subtitled version in the Territory during the Term on any form of standard or
non-standard television, including via any transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere of the Program such that the Program shall not have been exhibited or otherwise
exploited in any media whatsoever anywhere in the Territory prior to HERE’S initial
Telecast of the Program on the Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the Program and all elements thereof throughout the world, regardless of location, on any
and all cruise ships, theme parks, hotels, airplanes, resorts and entertainment centers
that are broadcasting any Telecast Services, provided that Telecast of the Program on any
such branded and/or owned services shall be limited to closed circuit television or a
similar form of limited access television exhibition permitting access only within the
particular theme park, resort, entertainment centers, cruise ships, hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and nonstandard television formats and Internet distribution in the
Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard television, including Internet distribution, during the Term.

  
					
	 	 	 	 	 
	 
	 	2
	 	BREAKFAST WITH SCOT

 

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the Program
of US$75,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the Program
in the
Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the first
Telecast of the Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months
following the first Telecast of the Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such extension shall be $37,500 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”)
as more fully set forth in Exhibit A, attached hereto and forming a part hereof. Timely
delivery of the Deliverables shall be of the essence of the Agreement. Licensor shall be
responsible for the expense of shipping Deliverables from Licensor to HERE. Distributor
acknowledges that Delivery is complete.

10.
Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including, without limitation, wrapping, formatting and scheduling, creating
promotional interstitial elements, inserting commercials, and conforming with HERE’S
standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with respect to the Program, which rights shall be exclusive to HERE
within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the Program, including without limitation, any clips, music (in context
only unless otherwise specified herein) existing slides, photos and other
publicity and promotional materials reasonably available to or under the control
of Licensor (“Advertising Materials”), subject to any pre-existing third party
contractual restrictions applicable thereto and of which Licensor informs HERE in
writing at the time of delivery of the Advertising Materials. HERE’S inadvertent
or unintentional failure to comply with any such applicable restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S preference for original color slides and agrees to use best efforts to
furnish same to HERE. To the extent reasonably practical, said Advertising
Materials shall be delivered to HERE at Licensor’s sole cost and expense not less
than one hundred and twenty (120) days prior to commencement of the Term, or as
early as reasonably and commercial possible. Licensor shall deliver said
Advertising Materials in accordance with the Delivery Requirements. Licensor
understands that the furnishing of the aforementioned Advertising Materials is a
material obligation of this Agreement and failure to comply with such is grounds
for termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs by all means and/or media (including, but not limited to the Internet) in
the Language specified herein;

     (d) The right to create television promotional spots featuring segments (not
to exceed four (4) minutes each) of the Program and the right to engage in
commercial or

BREAKFAST WITH SCOT

3

 

promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or voice of, and biographical information relating to, anyone who rendered
services in or in connection with the Program, for the purpose of advertising,
publicizing or promoting the Programs or the Telecast Service, but not so as to
constitute a direct endorsement of any product or Telecast Service other than the
Telecast Service referred to in this Agreement, and subject to any applicable guild
and third party contractual restrictions of which Licensor notifies HERE in advance
in writing. Notwithstanding the foregoing, HERE’S inadvertent or unintentional
failure to comply with any applicable guild or third party contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has the right
to enter into this Agreement, to grant all rights (including but not limited to grand
rights) granted herein and to perform all of Licensor’s obligations hereunder and that
HERE’S exercise of its rights hereunder, including, without limitation, the exhibition,
promotion, publicity and advertising use of the Program or any part thereof as provided
herein shall not violate the rights of any third party or cause HERE to have any financial
liability whatsoever, except for the License Fee set forth herein and payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements thereof,
in any manner in any media (but not as a direct endorsement of any product), including
without limitation, clips, photographs and music. HERE shall similarly indemnify and
hold harmless Licensor for any breach of any warranty or representation of HERE
hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to the Program under Licensor’s Errors and Omissions and shall
provide HERE with an endorsement to the policy evidencing such coverage prior to the
commencement of principal photography of the Program. Such insurance shall be in an
amount not less than $1 Million/$3 Million, shall be obtained prior to the commencement of
principal photography of the Program with no exclusions from an entity reasonably approved
by HERE and shall have a deductible of no greater than $25,000 per claim. Licensor shall
cause its carrier to assume primary responsibility notwithstanding that HERE also may have
its own insurance coverage. As a condition to HERE’S obligations under this Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance
with the laws of the State of California applicable to contracts entered into and fully to
be performed therein. Licensor hereby consents and submits to the jurisdiction of the
federal and state courts located in the State of California, and any action or suit under
this Agreement may be brought in any federal or state court with appropriate jurisdiction
over the subject matter established or sitting in the State of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties hereto and their respective successors and permitted assigns.
Licensor may not assign, license or

BREAKFAST WITH SCOT

4

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party. HERE may assign any or all of its rights
and obligations under this Agreement for purposes of distribution of the Program, or in
connection with a merger or sale of the assets of HERE, as long as assignee assumes all
of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its
sole and absolute discretion if Licensor fails to deliver the Program in accordance with
the terms and conditions hereof, subject to any notice and cure provisions hereof. Except
as expressly provided herein, Licensor shall not have the right to terminate, revoke,
cancel, or rescind this Agreement for any reason whatsoever prior to the expiration of the
Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any preceding or succeeding breach hereof. Notwithstanding any other
provision of this Agreement, Licensor’s sole remedy for breach by HERE of any of its
obligations under this Agreement shall be an action at law for damages and Licensor
acknowledges that such damages are fully adequate to compensate Licensor in the case of
any breach by HERE hereunder. In no event shall Licensor seek or be entitled to
rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours,

HERE NETWORKS L.L.C. 

 	 	 
	 	By:  	

/s/ Mark Reinhart
 	 
	 	 	Its:  Executive Vice President 	 
	 
	 	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 
	 	By:  	/s/ Paul A. Colichman
 	 
	 	 	Its: VICE PRESIDENT 	 
	 	 	 
	 

BREAKFAST WITH SCOT

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EXHIBIT
A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of September 12, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

A. HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

1. Videotape formats: All programs should be delivered on the best quality
master available in the following order and preference of video tape formats: HD CAM,
DigiBeta, or Beta SP

2. Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

3. Videotape brands: SONY; other brands require prior approval

4. Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV) with continuous time code and control track from the
beginning of tape leader to the end. ABSOLUTELY NO FALSE START OF VIDEO OR TIME
CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music &
effects only.
	 
	 	•	 	Programming video and audio levels must be referenced to the
color bars video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds: time code;
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings, disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should start at TC 01:00:00:00; tape #2 should start at TC
02:00:00:00

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6

 

	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate Interlaced;
referenced to 59.94HZ (Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4:
stereo music & effects only (Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to
the HD video stream at the 29.97 frame rate.
	 
	 	•	 	HP Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.),
if applicable 
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure,
then HERE shall have the option to (i) terminate this Agreement with no further
liability or obligation to Licensor, or (ii) create or cure the defective elements
and charge the cost thereof to Licensor.

	B.	 	OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and
poster art; captioned host/star/director head shots all in the highest resolution
available on all of the following formats available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the title and a brief description of the Program’s topic and
content), a complete list of cast and credits, and biographies of key Program
performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each musical composition contained within the Program, the title,
type of use, duration of use and the names of the composer, lyricist, publisher,
copyright proprietor and performing rights society, if any

	3.	 	Credit Statement: One (1) original typewritten copy with a copy on
diskette in Word 4.0 format of a statement of credits applicable to the Program
setting forth the names and credit obligations of Licensor with regard to all persons
to whom Licensor is contractually obligated to accord credit on the screen, in any
paid advertising.

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7

 

Here Networks LLC.

10990 Wilshire Boulevard, Penthouse

Los Angeles. CA 90024

Phone: 310-806-4288

Fax:310-806-4268

As of September 12, 2008

Regent Worldwide Sales L.L.C. on

behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

     Re:
MURDER IN FASHION

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES L.L.C. on
behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE NETWORKS L.L.C.
(“HERE”) the motion picture entitled MURDER IN
FASHION (the “Program”) for exhibition on Here
Networks program services (“Here Networks”). For good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties have agreed to the following:

1.
Program(s): “Program(s)” means the motion picture(s)
currently entitled: MURDER IN FASHION (running time 86 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the English
language and available in hi-definition, digi-beta or beta sp video elements in accordance
with the technical specifications of HERE’S standard delivery schedule attached hereto as
Exhibit “A;” and

(b) Shall be completely finished, fully edited and titled, and fully synchronized with
language, dialogue, sound and music, recorded with sound equipment pursuant to valid
licenses, and in all respects ready, and of a technical quality adequate for general
first-class Telecast (as defined below in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the Exhibition Period as set forth in Paragraph 3 hereof (“Term”). Additionally, prior
to expiration of the Term, HERE shall have the option to extend the Term for an additional five (5)
year Exhibition Period, as defined in Paragraph 3 below, by payment to Licensor of the Extension
Fee as defined in subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program during
the period of four (4) years (“Exhibition Period”) commencing no later than the earlier of the
first Telecast of the Program in the Territory or 6 months from complete delivery to and acceptance
by HERE of all of the Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the United
States and its respective territories and possessions, including Puerto Rico, Guam and the U.S.
Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and carriers flying
the flags of the foregoing countries.

MURDER IN FASHION

1

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast the Program in the languages licensed hereunder on any and all Telecast
Service(s) which is and/or are branded and/or owned in whole or in part and/or operated
now or in the future by here! Networks, or a parent company, division, affiliate,
subsidiary, or licensee thereof in the territory (“Telecast Service”). Such Telecast
Service may be advertiser supported and/or accept and disclose on-air program funding In
the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute, perform and exhibit the Program on the Telecast Service via all forms of
“standard television” and “non-standard television” (“Telecast”). The term “standard
television” means all forms of “free broadcast television.” The term “non-standard
television” means all other forms of “television,” excluding free broadcast television
only. The term “television” includes, without limitation, all means, manner and method of
transmission via over-the-air, satellite, cable, broadband, wireless, Internet protocol,
the Internet (provided access to such transmission is technologically capable of being
limited to the Territory, e.g., conditional access) and transmission to mobile and
handheld devices and any other technology (including, without limitation, cable, free
broadcast, subscription television, pay-per- view, closed circuit and all forms and
variations of video-on-demand, interactive and delayed exhibition), now known or
hereafter devised by which a television signal is or may be delivered (including but not
limited to analog, digital and HDTV). HERE shall have the exclusive right, in the
Territory to promote, market, and advertise the Telecast of the Program on the Telecast
Service in all forms of television and other media, including without limitation the
Internet. Notwithstanding the foregoing, the parties acknowledge that Licensor may seek
third party licenses during the Term and for the Extended Term, for all or part of the
rights granted hereunder and HERE, at its sole option, shall have the right to relicense
such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the Territory
during the Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise exhibit in any manner or form whatsoever, the Program in any
language or subtitled version in the Territory during the Term on any form of standard or
non-standard television, including via any transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere of the Program such that the Program shall not have been exhibited or otherwise
exploited in any media whatsoever anywhere in the Territory prior to HERE’S initial
Telecast of the Program on the Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the Program and all elements thereof throughout the world, regardless of location, on any
and all cruise ships, theme parks, hotels, airplanes, resorts and entertainment centers
that are broadcasting any Telecast Services, provided that Telecast of the Program on any
such branded and/or owned services shall be limited to closed circuit television or a
similar form of limited access television exhibition permitting access only within the
particular theme park, resort, entertainment centers, cruise ships, hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and nonstandard television formats and Internet distribution in the
Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard television, including Internet distribution, during the Term.

MURDER IN FASHION

2

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of US$40,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the Program in
the Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the
first Telecast of the Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following
the first Telecast of the Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such extension shall be $20,000 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”)
as more fully set forth in Exhibit A, attached hereto and forming a part hereof. Timely delivery of the
Deliverables shall be of the essence of the Agreement. Licensor shall be responsible for the expense of shipping
Deliverables from Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including, without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements, inserting commercials, and conforming with HERE’S standards and practices,

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the Program, including without limitation, any clips, music (in context only unless
otherwise specified herein) existing slides, photos and other publicity and
promotional materials reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to any pre-existing third party contractual restrictions applicable thereto and of
which Licensor informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S inadvertent or unintentional failure to comply with any such applicable
restrictions shall not constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S preference for original color slides and agrees to use best efforts to furnish
same to HERE. To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at Licensor’s sole cost and expense not less than one hundred and twenty (120)
days prior to commencement of the Term, or as early as reasonably and commercial possible.
Licensor shall deliver said Advertising Materials in accordance with the Delivery
Requirements. Licensor understands that the furnishing of the aforementioned Advertising
Materials is a material obligation of this Agreement and failure to comply with such is
grounds for termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs by all means and/or media (including, but not limited to the Internet) in the
Language specified herein;

     (d) The right to create television promotional spots featuring segments (not to
exceed four (4) minutes each) of the Program and the right to engage in
commercial or

	 	 	 
	3
	 	MURDER IN FASHION

 

 

promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or voice of, and biographical information relating to, anyone who rendered
services in or in connection with the Program, for the purpose of advertising, publicizing or
promoting the Programs or the Telecast Service, but not so as to constitute a direct
endorsement of any product or Telecast Service other than the Telecast Service referred to in
this Agreement, and subject to any applicable guild and third party contractual restrictions of
which Licensor notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or unintentional failure to comply with any applicable guild or third party
contractual restrictions shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has
the right to enter into this Agreement, to grant all rights (including but not limited to grand rights)
granted herein and to perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder, including, without limitation, the exhibition, promotion, publicity and advertising use of
the Program or any part thereof as provided herein shall not violate the rights of any third party or
cause HERE to have any financial liability whatsoever, except for the License Fee set forth herein and
payment to performing rights societies such as ASCAP and BMI,

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements
thereof, in any manner in any media (but not as a direct endorsement of any product),
including without limitation, clips, photographs and music. HERE shall similarly
indemnify and hold harmless Licensor for any breach of any warranty or representation
of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to the Program under Licensor’s Errors and Omissions and shall provide HERE with an
endorsement to the policy evidencing such coverage prior to the commencement of principal photography of
the Program. Such insurance shall be in an amount not less than $1 Million/$3 Million, shall
be obtained prior to the commencement of principal photography of the Program with no exclusions from
an entity reasonably approved by HERE and shall have a deductible of no greater than 525,000 per
claim. Licensor shall cause its carrier to assume primary responsibility notwithstanding that
HERE also may have its own insurance coverage. As a condition to HERE’S obligations under this
Agreement, Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance
with the laws of the State of California applicable to contracts entered into and fully to be performed
therein. Licensor hereby consents and submits to the jurisdiction of the federal and state courts located in
the State of California, and any action or suit under this Agreement may be brought in any federal or
state court with appropriate jurisdiction over the subject matter established or sitting in the State
of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties hereto and their respective successors and permitted assigns. Licensor may not assign,
license or

	 	 	 
	4
	 	MURDER IN FASHION

 

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in part, to any
person or entity, provided however that Licensor may assign the right to receive payment hereunder
to any third party. HERE may assign any or all of its rights and obligations under this Agreement
for purposes of distribution of the Program, or in connection with a merger or sale of the assets
of HERE, as long as assignee assumes all of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its sole and absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and conditions
hereof, subject to any notice and cure provisions hereof. Except as expressly provided herein, Licensor
shall not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a waiver of
any preceding or succeeding breach hereof. Notwithstanding any other provision of this Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement shall be
an action at law for damages and Licensor acknowledges that such damages are fully adequate to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall Licensor seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first written above
and return all copies of the Agreement to HERE for countersignature. A fully executed copy of the
Agreement will be sent to you thereafter.

Very truly yours,

	 	 	 	 	 
	HERE NETWORKS L.L.C.

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 	 
	 	Its: Executive Vice President 	 	 
	 	 	 	 
	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 	 
	 	Its: VICE PRESIDENT 	 	 
	 	 	 	 
	 

			
	5
	 	MURDER IN FASHION

 

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of September 18, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES

A. HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV) with continuous time code and control track from the beginning of tape leader to the
end. ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects
only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color bars
video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings, disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

			
	6
	 	MURDER IN FASHION

 

 

	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate
Interlaced; referenced to 59.94HZ (Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4:
stereo music & effects only (Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to
the HD video stream at the 29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of
notice to cure the defects and redeliver the master videotape. If Licensor does not
cure, then HERE shall have the option to (i) terminate this Agreement with no
further liability or obligation to Licensor, or (ii) create or cure the defective
elements and charge the cost thereof to Licensor.

B. OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs
including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and poster
art; captioned
host/star/director head shots all in the highest resolution available on all of the
following formats
available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the
title and a brief description of the Program’s topic and content), a complete list of
cast and credits,
and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each
musical composition contained within the Program, the title, type of use, duration of
use and the
names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on
diskette in Word 4.0 format of a
statement of credits applicable to the Program setting forth the names and credit
obligations of
Licensor with regard to all persons to whom Licensor is contractually obligated to
accord credit on the
screen, in any paid advertising.

			
	7
	 	MURDER IN FASHION

 

 

Here Networks L.LC.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of September 19, 2008

Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

     Re: CIAO

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled CIAO (the “Program”) for
exhibition on Here Networks program services (“Here Networks”). For good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged,
the parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: CIAO
(running time 87
minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English language and available in hi-definition, digi-beta or beta sp video
elements in accordance with the technical specifications of HERE’S standard
delivery schedule attached hereto as Exhibit “A;” and

(b) Shall be completely finished, fully edited and titled, and fully
synchronized with language, dialogue, sound and music, recorded with sound
equipment pursuant to valid licenses, and in all respects ready, and of a
technical quality adequate for general first-class Telecast (as defined below in
paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and
continue throughout the
Exhibition Period as set forth in Paragraph 3 hereof (“Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as
defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the
Program during the period of
four (4) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE
of all of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in
the United States and
Canada and their respective territories and possessions, including Puerto Rico, Guam and the U.S.
Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and carriers flying the flags
of the foregoing countries.

			
	 
	1
	 	CIAO

 

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast
the Program in the languages licensed hereunder on any and all Telecast Service(s)
which is and/or
are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast
Service”). Such Telecast Service may be advertiser supported and/or
accept and disclose on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term “standard television” means all
forms of “free
broadcast television.” The term “non-standard television” means all other forms of
“television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically
capable of being limited
to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-
view, closed circuit and all forms and variations of video-on-demand, interactive
and delayed
exhibition), now known or hereafter devised by which a television signal is or may be
delivered
(including but not limited to analog, digital and HDTV). HERE shall have the
exclusive right, in the
Territory to promote, market, and advertise the Telecast of the Program on the
Telecast Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses during
the Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at
its sole option,
shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the
Territory during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or
otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television,
including via any
transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise
exploited in any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the
Program and all elements thereof throughout the world, regardless of location, on any
and all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or
owned services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment
centers, cruise ships,
hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and
nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard
television, including Internet distribution, during the Term.

			
	 
	2
	 	CIAO

 

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the Program
of US$35,000.00, which shall be payable as follows:

	 	(a)	 	20% on the 15th day of the month following the first Telecast of the Program
in the
Territory; and
	 
	 	(b)	 	40% on the 15th day of the month twelve (12) months following the first
Telecast of the Program in the Territory; and
	 
	 	(c)	 	40% on the 15th day of the month twenty-four (24) months
following the first Telecast of the
Program in the Territory; and
	 
	 	(d)	 	In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such
extension shall be $17,500 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively,
“Deliverables”) as more fully set forth in Exhibit A, attached hereto and forming a
part hereof. Timely delivery of the Deliverables shall be of the essence of the
Agreement. Licensor shall be responsible for the expense of shipping Deliverables from
Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with
respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only
unless otherwise
specified herein) existing slides, photos and other publicity and
promotional materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto and of
which Licensor
informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S
preference for original color slides and agrees to use best efforts to furnish
same to HERE.
To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120)
days prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is
grounds for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the
purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs
by all means and/or media (including, but not limited to the Internet) in the
Language specified
herein;

     (d) The right to create television promotional spots featuring segments (not to
exceed four (4) minutes each) of the Program and the right to engage in
commercial or

			
	 
	3
	 	CIAO

 

 

promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or
voice of, and biographical information relating to, anyone who rendered
services in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct
endorsement of any
product or Telecast Service other than the Telecast Service referred to in this
Agreement, and
subject to any applicable guild and third party contractual restrictions of
which Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration
within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with ail
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has
the right to enter
into this Agreement, to grant all rights (including but not limited to grand rights)
granted herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising use of
the Program or
any part thereof as provided herein shall not violate the rights of any third party or
cause HERE to
have any financial liability whatsoever, except for the License Fee set forth herein and
payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements
thereof, in any manner in any media (but not as a direct endorsement of any product),
including without limitation, clips, photographs and music. HERE shall similarly
indemnify and hold harmless Licensor for any breach of any warranty or representation
of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an endorsement to
the policy evidencing such coverage prior to the commencement of principal photography of the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million, shall be obtained
prior to the commencement of principal photography of the Program with no exclusions from an entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that HERE also may
have its own insurance coverage. As a condition to HERE’S obligations under this Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14.
Choice of Law: This Agreement shall be governed and construed in accordance with the laws of
the State of California applicable to contracts entered into and fully to be performed
therein. Licensor
hereby consents and submits to the jurisdiction of the federal and state courts located in
the State of
California, and any action or suit under this Agreement may be brought in any federal or
state court
with appropriate jurisdiction over the subject matter established or sitting in the State
of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties
hereto and their respective successors and permitted assigns. Licensor may not assign,
license or

			
	 
	4
	 	CIAO

 

 

otherwise transfer its rights and/or obligations under
this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party. HERE may assign any or all of its rights
and obligations under this Agreement for purposes of distribution of the Program, or
in connection with a merger or sale of the assets of HERE, as long as assignee assumes
all of the obligations hereunder.

16.
Termination: HERE shall have the right to terminate this Agreement in its sole
and absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein,
Licensor shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any
reason whatsoever
prior to the expiration of the Term, unless with the consent of both parties in
writing.

17.
Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any
preceding or succeeding breach hereof. Notwithstanding any other provision of this
Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this
Agreement shall be an
action at law for damages and Licensor acknowledges that such damages are fully
adequate to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall
Licensor seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

Very truly yours,

	 	 	 	 	 
	HERE NETWORKS L.L.C.

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 	 
	 	Its: Executive Vice President 	 	 
	 	 	 	 
	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 	 
	 	Its: VICE PRESIDENT 	 	 
	 	 	 	 
	 

			
	 
	5
	 	CIAO

 

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of September 19, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES

A. HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the
following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV)
with continuous time code and control track from the beginning of tape leader to the
end.
ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects
only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color bars
video level and audio
tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings,
disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should
start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

			
	 
	6
	 	CIAO

 

 

	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate
Interlaced: referenced to 59.94HZ
(Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4:
stereo music & effects only
(Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to
the HD video stream at the
29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of
notice to cure the defects and redeliver the master videotape. If Licensor does not
cure, then HERE shall have the option to (i) terminate this Agreement with no
further liability or obligation to Licensor, or (ii) create or cure the defective
elements and charge the cost thereof to Licensor.

B. OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs
including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and poster
art: captioned
host/star/director head shots all in the highest resolution available on all of the
following formats
available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the
title and a brief description of the Program’s topic and content), a complete list of
cast and credits,
and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each
musical composition contained within the Program, the title, type of
use, duration of
use and the
names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on
diskette in Word 4.0 format of a
statement of credits applicable to the Program setting forth the names and credit
obligations of
Licensor with regard to all persons to whom Licensor is contractually obligated to
accord credit on the
screen, in any paid advertising.

			
	 
	7
	 	CIAO

 

 

Here Networks L.LC.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of September 25, 2008

Regent Worldwide Sales L.L.C.
on
behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

     Re: I CAN’T THINK STRAIGHT

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled I CAN’T THINK STRAIGHT (the
“Program”) for exhibition on Here Networks program services (“Here Networks”). For good
and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: I
CAN’T THINK
STRAIGHT (running time 81 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English language and available in hi-definition, digi-beta or beta sp video
elements in accordance with the technical specifications of HERE’S standard
delivery schedule attached hereto as Exhibit “A;” and

(b) Shall be completely finished, fully edited and titled, and fully
synchronized with language, dialogue, sound and music, recorded with sound
equipment pursuant to valid licenses, and in all respects ready, and of a
technical quality adequate for general first-class Telecast (as defined below in
paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the
Exhibition Period as set forth in Paragraph 3 hereof (‘Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of
four (4) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE of
all of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and
Canada and their respective territories and possessions, including Puerto Rico, Guam and
the U.S.
Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and carriers
flying the flags
of the foregoing countries.

			
	 
	1
	 	I CANT THINK STRAIGHT

 

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast
the Program in the languages licensed hereunder on any and all Telecast Service(s)
which is and/or
are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast
Service”). Such Telecast Service may be advertiser supported and/or accept and
disclose on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term “standard television” means all
forms of “free
broadcast television.” The term “non-standard television” means all other forms of
“television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically
capable of being limited
to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive
and delayed
exhibition), now known or hereafter devised by which a television signal is or may be
delivered
(including but not limited to analog, digital and HDTV). HERE shall have the
exclusive right, in the
Territory to promote, market, and advertise the Telecast of the Program on the
Telecast Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses during
the Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at
its sole option,
shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the
Territory during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or
otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television,
including via any
transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise
exploited in any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the
Program and all elements thereof throughout the world, regardless of location, on any
and all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or
owned services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment
centers, cruise ships,
hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and
nonstandard television formats and Internet distribution in the Territory.

7- Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard television, including Internet distribution, during the Term.

			
	 
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8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of US$35,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the Program
in the Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the first
Telecast of the Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months
following the first Telecast of the
Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such
extension shall be $17,500 (“Extension Fee”).

9 Delivery: Licensor shall deliver the materials (collectively,
“Deliverables”) as more fully set forth in Exhibit A, attached hereto and forming a
part hereof. Timely delivery of the Deliverables shall be of the essence of the
Agreement. Licensor shall be responsible for the expense of shipping Deliverables from
Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with
respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only
unless otherwise
specified herein) existing slides, photos and other publicity and
promotional materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto and
of which Licensor
informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby
acknowledges HERE’S
preference for original color slides and agrees to use best efforts to furnish
same to HERE.
To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120)
days prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is
grounds for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the
purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs
by all means and/or media (including, but not limited to the Internet) in the
Language specified
herein;

     (d) The right to create television promotional spots featuring segments (not
to
exceed four (4) minutes each) of the Program and the right to engage in
commercial or

			
	 	 	 	 
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promotional tie-ins with sponsors of the Program or the Telecast Service, subject
to any restrictions or obligations contained in the talent agreements and
notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or
voice of, and biographical information relating to, anyone who rendered
services in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct
endorsement of any
product or Telecast Service other than the Telecast Service referred to in this
Agreement, and
subject to any applicable guild and third party contractual restrictions of
which Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration
within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has
the right to enter
into this Agreement, to grant all rights (including but not limited to grand rights)
granted herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising use of
the Program or
any part thereof as provided herein shall not violate the rights of any third party or
cause HERE to
have any financial liability whatsoever, except for the License Fee set forth herein and
payment to
performing rights societies such as ASCAP and BMI,

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements thereof,
in any manner in any media (but not as a direct endorsement of any product), including
without limitation, clips, photographs and music. HERE shall similarly indemnify and
hold harmless Licensor for any breach of any warranty or representation of HERE
hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an
endorsement to
the policy evidencing such coverage prior to the commencement of principal photography of
the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million, shall
be obtained
prior to the commencement of principal photography of the Program with no exclusions from
an entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per
claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that
HERE also may
have its own insurance coverage. As a condition to HERE’s obligations under this
Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance
with the laws of
the State of California applicable to contracts entered into and fully to be performed
therein. Licensor
hereby consents and submits to the jurisdiction of the federal and state courts located in
the State of
California, and any action or suit under this Agreement may be brought in any federal or
state court
with appropriate jurisdiction over the subject matter established or sitting in the State
of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties
hereto and their respective successors and permitted assigns. Licensor may not assign,
license or

			
	 	 	 	 
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otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party. HERE may assign any or all of its rights
and obligations under this Agreement for purposes of distribution of the Program, or
in connection with a merger or sale of the assets of HERE, as long as assignee assumes
all of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its
sole and absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein,
Licensor shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever
prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any
preceding or succeeding breach hereof. Notwithstanding any other provision of this
Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement
shall be an
action at law for damages and Licensor acknowledges that such damages are fully adequate
to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall
Licensor seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

Very truly yours,

	 	 	 	 	 
	HERE NETWORKS L.L.C.

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 	 
	 	Its: EXECUTIVE VICE PRESIDENT 	 	 
	 	 	 	 
	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 	 
	 	Its: VICE PRESIDENT 	 	 
	 	 	 	 
	 

			
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EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of September 25, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

	A.	 	HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the following order and preference of video tape formats: HD CAM,
DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV) with continuous time code and control track from the
beginning of tape leader to the end. ABSOLUTELY NO FALSE START OF VIDEO OR TIME
CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous
control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio
tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo
music & effects only.
	 
	 	•	 	Programming video and audio levels must be referenced to
the color bars video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title: episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings, disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should start at TC 01:00:00:00; tape #2 should start at TC
02:00:00:00

					
	 	 	 	 	 
	 
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	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate Interlaced;
referenced to 59.94HZ (Aka1080i)
	 
	 	•	 	Audio channels; Channel 1& 2 complete stereo mix; Channel 3&4:
stereo music & effects only (Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to
the HD video stream at the 29,97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure,
then HERE shall have the option to (i) terminate this Agreement with no further
liability or obligation to Licensor, or (ii) create or cure the defective elements
and charge the cost thereof to Licensor.

	B.	 	OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and
poster art; captioned host/star/director head shots all in the highest resolution
available on all of the following formats available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the title and a brief description of the Program’s topic and
content), a complete list of cast and credits, and biographies of key Program
performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each musical composition contained within the Program, the title,
type of use, duration of use and the names of the composer, lyricist, publisher,
copyright proprietor and performing rights society, if any

	3.	 	Credit Statement: One (1) original typewritten copy with a copy on
diskette in Word 4.0 format of a statement of credits applicable to the Program
setting forth the names and credit obligations of Licensor with regard to all persons
to whom Licensor is contractually obligated to accord credit on the screen, in any
paid advertising.

					
	 	 	 	 	 
	 
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Here Networks L.LC.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of September 26, 2008

Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

	 	 	Re: ANTARCTICA

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled ANTARCTICA (the “Program”) for
exhibition on Here Networks program services (“Here Networks”). For good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: ANTARCTICA
(running time 110 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English language and available in hi-definition, digi-beta or beta sp video
elements in accordance with the technical specifications of
HERE’s standard
delivery schedule attached hereto as Exhibit “A;” and

(b) Shall be completely finished, fully edited and titled, and fully synchronized
with language, dialogue, sound and music, recorded with sound equipment pursuant to
valid licenses, and in all respects ready, and of a technical quality adequate for
general first-class Telecast (as defined below in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and
continue throughout the Exhibition Period as set forth in Paragraph 3 hereof (“Term”).
Additionally, prior to expiration of the Term, HERE shall have the option to extend
the Term for an additional five (5) year Exhibition Period, as defined in Paragraph 3
below, by payment to Licensor of the Extension Fee as defined in subparagraph 8(d)
hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of three (3) years (“Exhibition Period”) commencing no later than the
earlier of the first Telecast of the Program in the Territory or 6 months from complete
delivery to and acceptance by HERE of all of the Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and Canada and their respective territories and possessions, including
Puerto Rico, Guam and the U.S. Virgin Islands (“Territory”) and military bases, embassies,
ships, aircrafts and carriers flying the flags of the foregoing countries.

					
	 	 	 	 	 
	 
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	 	ANTARCTICA

 

 

	5.	 	Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast the Program in the languages licensed hereunder on any and all Telecast
Service(s) which is and/or are branded and/or owned in whole or in part and/or operated
now or in the future by here! Networks, or a parent company, division, affiliate,
subsidiary, or licensee thereof in the territory (“Telecast Service”). Such Telecast
Service may be advertiser supported and/or accept and disclose on-air program funding in
the form of underwriting,

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute, perform and exhibit the Program on the Telecast Service via all forms of
“standard television” and “non-standard television” (‘Telecast”). The term “standard
television” means all forms of “free broadcast television.” The term “non-standard
television” means all other forms of “television,” excluding free broadcast television
only. The term “television” includes, without limitation, all means, manner and method of
transmission via over-the-air, satellite, cable, broadband, wireless, Internet protocol,
the Internet (provided access to such transmission is technologically capable of being
limited to the Territory, e.g., conditional access) and transmission to mobile and
handheld devices and any other technology (including, without limitation, cable, free
broadcast, subscription television, pay-per- view, closed circuit and all forms and
variations of video-on-demand, interactive and delayed exhibition), now known or
hereafter devised by which a television signal is or may be delivered (including but not
limited to analog, digital and HDTV). HERE shall have the exclusive right, in the
Territory to promote, market, and advertise the Telecast of the Program on the Telecast
Service in all forms of television and other media, including without limitation the
Internet. Notwithstanding the foregoing, the parties acknowledge that Licensor may seek
third party licenses during the Term and for the Extended Term, for all or part of the
rights granted hereunder and HERE, at its sole option, shall have the right to relicense
such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the Territory
during the Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise exhibit in any manner or form whatsoever, the Program in any
language or subtitled version in the Territory during the Term on any form of standard or
non-standard television, including via any transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere of the Program such that the Program shall not have been exhibited or otherwise
exploited in any media whatsoever anywhere in the Territory prior to HERE’S initial
Telecast of the Program on the Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the Program and all elements thereof throughout the world, regardless of location, on any
and all cruise ships, theme parks, hotels, airplanes, resorts and entertainment centers
that are broadcasting any Telecast Services, provided that Telecast of the Program on any
such branded and/or owned services shall be limited to closed circuit television or a
similar form of limited access television exhibition permitting access only within the
particular theme park, resort, entertainment centers, cruise ships, hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and nonstandard television formats and Internet distribution in the
Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory
in standard and nonstandard television, including Internet distribution, during the Term.

					
	 	 	 	 	 
	 
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	 	ANTARCTICA

 

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the Program
of US$25,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the Program
in the Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the first
Telecast of the Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following
the first Telecast of the Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such extension shall be $12,500 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”)
as more fully set forth in Exhibit A, attached hereto and forming a part hereof. Timely
delivery of the Deliverables shall be of the essence of the Agreement. Licensor shall be
responsible for the expense of shipping Deliverables from Licensor to HERE. Distributor
acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including, without limitation, wrapping, formatting and scheduling, creating
promotional interstitial elements, inserting commercials, and conforming with HERE’S
standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with respect to the Program, which rights shall be exclusive to HERE
within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the Program, including without limitation, any clips, music (in context
only unless otherwise specified herein) existing slides, photos and other
publicity and promotional materials reasonably available to or under the control
of Licensor (“Advertising Materials”), subject to any pre-existing third party
contractual restrictions applicable thereto and of which Licensor informs HERE in
writing at the time of delivery of the Advertising Materials. HERE’S inadvertent
or unintentional failure to comply with any such applicable restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S preference for original color slides and agrees to use best efforts to
furnish same to HERE. To the extent reasonably practical, said Advertising
Materials shall be delivered to HERE at Licensor’s sole cost and expense not less
than one hundred and twenty (120) days prior to commencement of the Term, or as
early as reasonably and commercial possible. Licensor shall deliver said
Advertising Materials in accordance with the Delivery Requirements. Licensor
understands that the furnishing of the aforementioned Advertising Materials is a
material obligation of this Agreement and failure to comply with such is
grounds for termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs by all means and/or media (including, but not limited to the Internet) in
the Language specified herein;

     (d) The right to create television promotional spots featuring segments (not
to exceed four (4) minutes each) of the Program and the right to engage in
commercial or

					
	 	 	 	 	 
	 
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promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or voice of, and biographical information relating to, anyone who rendered
services in or in connection with the Program, for the purpose of advertising,
publicizing or promoting the Programs or the Telecast Service, but not so as to
constitute a direct endorsement of any product or Telecast Service other than the
Telecast Service referred to in this Agreement, and subject to any applicable guild
and third party contractual restrictions of which Licensor notifies HERE in advance
in writing. Notwithstanding the foregoing, HERE’S inadvertent or unintentional
failure to comply with any applicable guild or third party contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has
the right to enter into this Agreement, to grant all rights (including but not limited to
grand rights) granted herein and to perform all of Licensor’s obligations hereunder and
that HERE’S exercise of its rights hereunder, including, without limitation, the
exhibition, promotion, publicity and advertising use of the Program or any part thereof as
provided herein shall not violate the rights of any third party or cause HERE to have any
financial liability whatsoever, except for the License Fee set forth herein and payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements
thereof, in any manner in any media (but not as a direct endorsement of any product),
including without limitation, clips, photographs and music. HERE shall similarly
indemnify and hold harmless Licensor for any breach of any warranty or representation
of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to the Program under Licensor’s Errors and Omissions and shall
provide HERE with an endorsement to the policy evidencing such coverage prior to the
commencement of principal photography of the Program. Such insurance shall be in an
amount not less than $1 Million/$3 Million, shall be obtained prior to the commencement of
principal photography of the Program with no exclusions from an entity reasonably approved
by HERE and shall have a deductible of no greater than $25,000 per claim. Licensor shall
cause its carrier to assume primary responsibility notwithstanding that HERE also may have
its own insurance coverage. As a condition to HERE’S obligations under this Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance
with the laws of the State of California applicable to contracts entered into and fully to
be performed therein. Licensor hereby consents and submits to the jurisdiction of the
federal and state courts located in the State of California, and any action or suit under
this Agreement may be brought in any federal or state court with appropriate jurisdiction
over the subject matter established or sitting in the State of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties hereto and their respective successors and permitted assigns.
Licensor may not assign, license or

					
	 	 	 	 	 
	 
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otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party, HERE may assign any or all of its rights
and obligations under this Agreement for purposes of distribution of the Program, or
in connection with a merger or sale of the assets of HERE, as long as assignee assumes
all of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its
sole and absolute discretion if Licensor fails to deliver the Program in accordance with
the terms and conditions hereof, subject to any notice and cure provisions hereof. Except
as expressly provided herein, Licensor shall not have the right to terminate, revoke,
cancel, or rescind this Agreement for any reason whatsoever prior to the expiration of the
Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any preceding or succeeding breach hereof. Notwithstanding any other
provision of this Agreement, Licensor’s sole remedy for breach by HERE of any of its
obligations under this Agreement shall be an action at law for damages and Licensor
acknowledges that such damages are fully adequate to compensate Licensor in the case of
any breach by HERE hereunder. In no event shall Licensor seek or be entitled to
rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours,

HERE NETWORKS L.L.C.

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Its:  Executive Vice President 	 	 
	 	 	 	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 
	 	Its: VICE PRESIDENT 	 
	 	 	 	 
	 

					
	 	 	 	 	 
	 
	 	5
	 	ANTARCTICA

 

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of September 26, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

	A.	 	HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the following order and preference of video tape formats: HD
CAM, DigiBeta, or Beta SP

2. Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV) with continuous time code and control track from
the beginning of tape leader to the end. ABSOLUTELY NO FALSE START OF VIDEO OR
TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)

	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects
only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color
bars video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time
code: 00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time
code: 00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time
code: 00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00.
DO NOT include ratings, disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2
tapes, tape #1 program should start at TC 01:00:00:00; tape #2 should start at
TC 02:00:00:00

					
	 	 	 	 	 
	 
	 	6
	 	ANTARCTICA

 

 

	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate Interlaced;
referenced to 59.94HZ (Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4:
stereo music & effects only (Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to
the HD video stream at the 29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of
notice to cure the defects and redeliver the master videotape. If Licensor does
not cure, then HERE shall have the option to (i) terminate this Agreement with no
further liability or obligation to Licensor, or (ii) create or cure the defective
elements and charge the cost thereof to Licensor.

	B.	 	OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and
poster art: captioned host/star/director head shots all in the highest
resolution available on all of the following formats available: diskette and
transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the title and a brief description of the Program’s topic and
content), a complete list of cast and credits, and biographies of key Program
performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each musical composition contained within the Program, the title,
type of use, duration of use and the names of the composer, lyricist, publisher,
copyright proprietor and performing rights society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on
diskette in Word 4.0 format of a statement of credits applicable to the Program
setting forth the names and credit obligations of Licensor with regard to all
persons to whom Licensor is contractually obligated to accord credit on the screen,
in any paid advertising.

					
	 	 	 	 	 
	 
	 	7
	 	ANTARCTICA

 

 

Here Networks L.LC.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of September 30, 2008

Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

	 	 	Re: ELEVEN MINUTES

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to
HERE NETWORKS L.L.C. (“HERE”) the motion picture entitled ELEVEN MINUTES (the
“Program”) for exhibition on Here Networks program services (“Here Networks”). For
good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: ELEVEN MINUTES
(running time 104 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in
the English language and available in hi-definition, digi-beta or beta sp
video elements in accordance with the technical specifications of HERE’S
standard delivery schedule attached hereto as Exhibit “A;” and

(b) Shall be completely finished, fully edited and titled, and fully
synchronized with language, dialogue, sound and music, recorded with sound
equipment pursuant to valid licenses, and in all respects ready, and of a
technical quality adequate for general first-class Telecast (as defined
below in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and
continue throughout the
Exhibition Period as set forth in Paragraph 3 hereof (‘Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as defined
in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the
Program during the period of four (4) years (“Exhibition Period”) commencing no
later than the earlier of the first Telecast of the Program in the Territory or 6
months from complete delivery to and acceptance by HERE of all of the Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in
the United States and Canada and their respective territories and possessions,
including Puerto Rico, Guam and the U.S. Virgin Islands (“Territory”) and military
bases, embassies, ships, aircrafts and carriers flying the flags of the foregoing
countries.

					
	 	 	 	 	 
	 
	 	1
	 	ELEVEN MINUTES

 

 

	5.	 	Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast
the Program in the languages licensed hereunder on any and all Telecast Service(s)
which is and/or
are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast
Service”). Such Telecast Service may be advertiser supported and/or accept and
disclose on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term “standard television” means all
forms of “free
broadcast television.” The term “non-standard television” means all other forms
of “television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically
capable of being limited
to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-
view, closed circuit and all forms and variations of video-on-demand, interactive
and delayed
exhibition), now known or hereafter devised by which a television signal is or may
be delivered
(including but not limited to analog, digital and HDTV). HERE shall have the
exclusive right, in the
Territory to promote, market, and advertise the Telecast of the Program on the
Telecast Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses
during the Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at
its sole option,
shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the
Territory during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to
Telecast or
otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television,
including via any
transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise
exploited in any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the
Program and all elements thereof throughout the world, regardless of location, on
any and all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or
owned services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment
centers, cruise ships,
hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and
nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard
television, including Internet distribution, during the Term.

					
	 	 	 	 	 
	 
	 	2
	 	ELEVEN MINUTES

 

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the Program
of US$65,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the first
Telecast of the Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months
following the first Telecast of the
Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such
extension shall be $32,500 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”)
as more fully set forth in
Exhibit A, attached hereto and forming a part hereof. Timely delivery of the
Deliverables shall be of
the essence of the Agreement. Licensor shall be responsible for the expense of shipping
Deliverables
from Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with
respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a)
The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only unless
otherwise
specified herein) existing slides, photos and other publicity and
promotional materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto and of
which Licensor
informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S
preference for original color slides and agrees to use best efforts to furnish
same to HERE.
To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120)
days prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is
grounds for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the
purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs
by all means and/or media (including, but not limited to the Internet) in the
Language specified
herein;

					
	 	 	 	 	 
	 
	 	3
	 	ELEVEN MINUTES

 

 

     (d) The right to create television promotional spots featuring segments
(not to
exceed four (4) minutes each) of the Program and the right to engage in
commercial or
promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any
restrictions or obligations contained in the talent agreements and notified
by Licensor to
HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or
voice of, and biographical information relating to, anyone who rendered
services in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct
endorsement of any
product or Telecast Service other than the Telecast Service referred to in
this Agreement, and
subject to any applicable guild and third party contractual restrictions of
which Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing,
HERE’S inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration
within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it
has the right to enter
into this Agreement, to grant all rights (including but not limited to grand rights)
granted herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising
use of the Program or
any part thereof as provided herein shall not violate the rights of any third party or
cause HERE to
have any financial liability whatsoever, except for the License Fee set forth herein
and payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements
thereof, in any manner in any media (but not as a direct endorsement of any product),
including without limitation, clips, photographs and music. HERE shall similarly
indemnify and hold harmless Licensor for any breach of any warranty or representation
of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an
endorsement to
the policy evidencing such coverage prior to the commencement of principal photography
of the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million,
shall be obtained
prior to the commencement of principal photography of the Program with no exclusions
from an entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per
claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that
HERE also may
have its own insurance coverage. As a condition to HERE’S obligations under this
Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in
accordance with the laws of
the State of California applicable to contracts entered into and fully to be performed
therein. Licensor
hereby consents and submits to the jurisdiction of the federal and state courts
located in the State of
California, and any action or suit under this Agreement may be brought in any federal
or state court
with appropriate jurisdiction over the subject matter established or sitting in the
State of California.

					
	 	 	 	 	 
	 
	 	4
	 	ELEVEN MINUTES

 

 

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties
hereto and their respective successors and permitted assigns. Licensor may not assign,
license or
otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person
or entity, provided however that Licensor may assign the right to receive payment
hereunder to any
third party. HERE may assign any or all of its rights and obligations under this
Agreement for
purposes of distribution of the Program, or in connection with a merger or sale of the
assets of HERE,
as long as assignee assumes all of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its
sole and absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein,
Licensor shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever
prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any
preceding or succeeding breach hereof. Notwithstanding any other provision of this
Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement
shall be an
action at law for damages and Licensor acknowledges that such damages are fully adequate
to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall
Licensor seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours,

HERE NETWORKS L.L.C.

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Its:  EXECUTIVE VICE PRESIDENT 	 	 
	 	 	 	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 
	 	Its: VICE PRESIDENT 	 	 
	 	 	 	 
	 

					
	 	 	 	 	 
	 
	 	5
	 	ELEVEN MINUTES

 

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of September 30, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

A. HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program,

All on-air program suppliers and production vendors are required to comply with the
following technical specifications, NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV) with continuous time code and control track from the beginning of tape leader to the
end. ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects
only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color bars
video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings, disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

ELEVEN MINUTES

6

 

	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate Interlaced; referenced to 59.94HZ (Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4:
stereo music & effects only (Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to
the HD video stream at the 29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure,
then HERE shall have the option to (i) terminate this Agreement with no further
liability or obligation to Licensor, or (ii) create or cure the defective elements
and charge the cost thereof to Licensor.

B. OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and
poster art; captioned host/star/director head shots all in the highest resolution available on all of the
following formats available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the title and a brief description of the Program’s topic and content), a complete list of
cast and credits, and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each musical composition contained within the Program, the title, type of use, duration of
use and the names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on diskette
in Word 4.0 format of a statement of credits applicable to the Program setting forth the names and credit
obligations of Licensor with regard to all persons to whom Licensor is contractually obligated to
accord credit on the screen, in any paid advertising.

ELEVEN MINUTES

7

 

Here Networks L.LC.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of October 3, 2008

Regent Worldwide Sales LL.C.

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

	 	Re: 	 	TRU LOVED

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to
HERE NETWORKS L.L.C. (“HERE”) the motion picture entitled TRU LOVED (the “Program”)
for exhibition on Here Networks program services (“Here Networks”). For good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged,
the parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: TRU LOVED
(running time 103 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English language and available in hi-definition, digi-beta or beta sp video
elements in accordance with the technical specifications of HERE’S standard
delivery schedule attached hereto as Exhibit “A;” and

(b) Shall be completely finished, fully edited and titled, and fully
synchronized with language, dialogue, sound and music, recorded with sound
equipment pursuant to valid licenses, and in all respects ready, and of a
technical quality adequate for general first-class Telecast (as defined below
in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the
Exhibition Period as set forth in Paragraph 3 hereof (‘Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of
three (3) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE of
all of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and
Canada and their respective territories and possessions, including Puerto Rico, Guam and
the U.S.
Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and carriers
flying the flags
of the foregoing countries.

TRU LOVED

1

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast the Program in the languages licensed hereunder on any and all Telecast Service(s)
which is and/or are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks, or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast Service”). Such Telecast Service may be advertiser supported and/or accept and
disclose on-air program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute, perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and “non-standard television” (“Telecast”). The term “standard television” means all
forms of “free broadcast television.” The term “non-standard television” means all other forms of
“television,” excluding free broadcast television only. The term “television” includes, without
limitation, all means, manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet protocol, the Internet (provided access to such transmission is technologically
capable of being limited to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive
and delayed exhibition), now known or hereafter devised by which a television signal is or may be
delivered (including but not limited to analog, digital and HDTV). HERE shall have the
exclusive right, in the Territory to promote, market, and advertise the Telecast of the Program on the
Telecast Service in all forms of television and other media, including without limitation the Internet.
Notwithstanding the foregoing, the parties acknowledge that Licensor may seek third party licenses during
the Term and for the Extended Term, for all or part of the rights granted hereunder and HERE, at
its sole option, shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited number of exhibition days, on each and every Telecast Service throughout the
Territory during the Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast or otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the Territory during the Term on any form of standard or non-standard television,
including via any transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere of the Program such that the Program shall not have been exhibited or otherwise
exploited in any media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the Program and all elements thereof throughout the world, regardless of location, on any
and all cruise ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any Telecast Services, provided that Telecast of the Program on any such branded and/or
owned services shall be limited to closed circuit television or a similar form of limited access
television exhibition permitting access only within the particular theme park, resort, entertainment
centers, cruise ships, hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and
nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard
television, including Internet distribution, during the Term.

TRU LOVED

2

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of US$50,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the
Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the
first Telecast of the
Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following
the first Telecast of the
Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such
extension shall be $25,000 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively,
“Deliverables”) as more fully set forth in Exhibit A, attached hereto and forming a
part hereof. Timely delivery of the Deliverables shall be of the essence of the
Agreement. Licensor shall be responsible for the expense of shipping Deliverables from
Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with
respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only
unless otherwise
specified herein) existing slides, photos and other publicity and
promotional materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto and
of which Licensor
informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby
acknowledges HERE’S
preference for original color slides and agrees to use best efforts to furnish
same to HERE.
To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120)
days prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is
grounds for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the
purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs
by all means and/or media (including, but not limited to the Internet) in the
Language specified
herein;

     (d) The right to create television promotional spots featuring segments (not
to
exceed four (4) minutes each) of the Program and the right to engage in
commercial or

					
	 	 	 	 	 
	 
	 	3
	 	TRU LOVED

 

 

promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or
voice of, and biographical information relating to, anyone who rendered
services in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct
endorsement of any
product or Telecast Service other than the Telecast Service referred to in
this Agreement, and
subject to any applicable guild and third party contractual restrictions of
which Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration
within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has
the right to enter
into this Agreement, to grant all rights (including but not limited to grand rights)
granted herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising use of
the Program or
any part thereof as provided herein shall not violate the rights of any third party or
cause HERE to
have any financial liability whatsoever, except for the License Fee set forth herein and
payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements thereof,
in any manner in any media (but not as a direct endorsement of any product), including
without limitation, clips, photographs and music. HERE shall similarly indemnify and
hold harmless Licensor for any breach of any warranty or representation of HERE
hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an
endorsement to
the policy evidencing such coverage prior to the commencement of principal photography of
the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million, shall
be obtained
prior to the commencement of principal photography of the Program with no exclusions from
an entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per
claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that
HERE also may
have its own insurance coverage. As a condition to HERE’S obligations under this
Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance
with the laws of
the State of California applicable to contracts entered into and fully to be performed
therein. Licensor
hereby consents and submits to the jurisdiction of the federal and state courts located in
the State of
California, and any action or suit under this Agreement may be brought in any federal or
state court
with appropriate jurisdiction over the subject matter established or sitting in the State
of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties
hereto and their respective successors and permitted assigns. Licensor may not assign,
license or

					
	 	 	 	 	 
	 
	 	4
	 	TRU LOVED

 

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party. HERE may assign any or all of its rights
and obligations under this Agreement for purposes of distribution of the Program, or
in connection with a merger or sale of the assets of HERE, as long as assignee assumes
all of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its
sole and absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein,
Licensor shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever
prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any
preceding or succeeding breach hereof. Notwithstanding any other provision of this
Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement
shall be an
action at law for damages and Licensor acknowledges that such damages are fully adequate
to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall
Licensor seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours,

HERE NETWORKS L.L.C.

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Its: EXECUTIVE VICE PRESIDENT 	 	 
	 	 	 	 
	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC 

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 
	 	Its: VICE PRESIDENT 	 	 
	 	 	 	 
	 

					
	 	 	 	 	 
	 
	 	5
	 	TRU LOVED

 

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of October 3, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES

A. HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the
following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV)
with continuous time code and control track from the beginning of tape leader to the
end. ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects
only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color bars
video level and audio
tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title: episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings,
disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should
start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

					
	 	 	 	 	 
	 
	 	6
	 	TRU LOVED

 

 

	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate
Interlaced; referenced to 59.94HZ (Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4:
stereo music & effects only
(Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to
the HD video stream at the 29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure,
then HERE shall have the option to (i) terminate this Agreement with no further
liability or obligation to Licensor, or (ii) create or cure the defective elements
and charge the cost thereof to Licensor.

B. OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs
including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and
poster art; captioned
host/star/director head shots all in the highest resolution available on all of the
following formats
available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the
title and a brief description of the Program’s topic and content), a complete list of
cast and credits,
and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each
musical composition contained within the Program, the title, type of use, duration of
use and the
names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on
diskette in Word 4.0 format of a
statement of credits applicable to the Program setting forth the names and credit
obligations of
Licensor with regard to all persons to whom Licensor is contractually obligated to
accord credit on the
screen, in any paid advertising.

					
	 	 	 	 	 
	 
	 	7
	 	TRU LOVED

 

 

Here Networks L.LC.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone:310-806-4288

Fax: 310-806-4268

As of October 7, 2008

Regent Worldwide Sales L.LC.

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

	 	Re: 	 	LITTLE ASHES

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled LITTLE ASHES (the “Program”) for
exhibition on Here Networks program services (“Here Networks”). For good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: LITTLE ASHES
(running
time 105 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English language and available in hi-definition, digi-beta or beta sp video
elements in accordance with the technical specifications of HERE’S standard
delivery schedule attached hereto as Exhibit “A;” and

(b) Shall be completely finished, fully edited and titled, and fully
synchronized with language, dialogue, sound and music, recorded with sound
equipment pursuant to valid licenses, and in all respects ready, and of a
technical quality adequate for general first-class Telecast (as defined below
in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the
Exhibition Period as set forth in Paragraph 3 hereof (Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of
four (4) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE of
all of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in
the United States and Canada and their respective territories and possessions,
including Puerto Rico, Guam and the U.S. Virgin Islands (“Territory”) and military
bases, embassies, ships, aircrafts and carriers flying the flags of the foregoing
countries.

					
	 	 	 	 	 
	 
	 	1
	 	LITTLE ASHES

 

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast
the Program in the languages licensed hereunder on any and all Telecast Service(s)
which is and/or
are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast
Service”). Such Telecast Service may be advertiser supported and/or accept and
disclose on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term “standard television” means all
forms of “free
broadcast television.” The term “non-standard television” means all other forms of
“television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically
capable of being limited
to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive
and delayed
exhibition), now known or hereafter devised by which a television signal is or may be
delivered
(including but not limited to analog, digital and HDTV). HERE shall have the
exclusive right, in the
Territory to promote, market, and advertise the Telecast of the Program on the
Telecast Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses during
the Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at
its sole option,
shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the
Territory during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or
otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television,
including via any
transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise
exploited in any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the
Program and all elements thereof throughout the world, regardless of location, on any
and all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or
owned services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment
centers, cruise ships,
hotels and airplanes.

6. Premiere; HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and
nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard
television, including Internet distribution, during the Term.

					
	 	 	 	 	 
	 
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	 	LITTLE ASHES

 

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of US$50,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the
Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the
first Telecast of the
Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following
the first Telecast of the
Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such
extension shall be $25,000 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively,
“Deliverables”) as more fully set forth in Exhibit A, attached hereto and forming a
part hereof. Timely delivery of the Deliverables shall be of the essence of the
Agreement. Licensor shall be responsible for the expense of shipping Deliverables from
Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with
respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only
unless otherwise
specified herein) existing slides, photos and other publicity and
promotional materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto and
of which Licensor
informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby
acknowledges HERE’S
preference for original color slides and agrees to use best efforts to furnish
same to HERE.
To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120)
days prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is
grounds for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the
purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs
by all means and/or media (including, but not limited to the Internet) in the
Language specified
herein;

     (d) The right to create television promotional spots featuring segments (not
to
exceed four (4) minutes each) of the Program and the right to engage in
commercial or

LITTLE ASHES

3

 

promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or
voice of, and biographical information relating to, anyone who rendered
services in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct
endorsement of any
product or Telecast Service other than the Telecast Service referred to in
this Agreement, and
subject to any applicable guild and third party contractual restrictions of
which Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing,
HERE’S inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration
within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it
has the right to enter
into this Agreement, to grant all rights (including but not limited to grand rights)
granted herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising
use of the Program or
any part thereof as provided herein shall not violate the rights of any third party or
cause HERE to
have any financial liability whatsoever, except for the License Fee set forth herein
and payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements
thereof, in any manner in any media (but not as a direct endorsement of any product),
including without limitation, clips, photographs and music. HERE shall similarly
indemnify and hold harmless Licensor for any breach of any warranty or representation
of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an
endorsement to
the policy evidencing such coverage prior to the commencement of principal photography
of the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million,
shall be obtained
prior to the commencement of principal photography of the Program with no exclusions
from an entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per
claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that
HERE also may
have its own insurance coverage. As a condition to HERE’s obligations under this
Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in
accordance with the laws of
the State of California applicable to contracts entered into and fully to be performed
therein. Licensor
hereby consents and submits to the jurisdiction of the federal and state courts
located in the State of
California, and any action or suit under this Agreement may be brought in any federal
or state court
with appropriate jurisdiction over the subject matter established or sitting in the
State of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties
hereto and their respective successors and permitted assigns. Licensor may not
assign, license or

LITTLE ASHES

4

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party. HERE may assign any or all of its rights
and obligations under this Agreement for purposes of distribution of the Program, or in
connection with a merger or sale of the assets of HERE, as long as assignee assumes all
of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its
sole and absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein,
Licensor shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever
prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any
preceding or succeeding breach hereof. Notwithstanding any other provision of this
Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement
shall be an
action at law for damages and Licensor acknowledges that such damages are fully adequate
to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall
Licensor seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours,

HERE NETWORKS L.L.C.

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Its: Executive Vice President 	 	 
	 	 	 	 
	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 
	 	Its: VICE PRESIDENT 	 	 
	 	 	 	 
	 

LITTLE ASHES

5

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of October 7, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

	A.	 	HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the following order and preference of video tape formats: HD CAM,
DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV) with continuous time code and control track from the
beginning of tape leader to the end. ABSOLUTELY NO FALSE START OF VIDEO OR TIME
CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color
bars video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code: 00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings, disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should start at TC 01:00:00:00; tape #2 should start at TC
02:00:00:00

					
	 	 	 	 	 
	 
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	 	LITTLE ASHES

 

 

	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate
Interlaced; referenced to 59.94HZ (Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix: Channel 3&4:
stereo music & effects only (Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to
the HD video stream at the 29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure,
then HERE shall have the option to (i) terminate this Agreement with no further
liability or obligation to Licensor, or (ii) create or cure the defective elements
and charge the cost thereof to Licensor.
	 
	B.	 	OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and
poster art; captioned host/star/director head shots all in the highest resolution
available on all of the following formats available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the title and a brief description of the Program’s topic and
content), a complete list of cast and credits, and biographies of key Program
performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each musical composition contained within the Program, the title,
type of use, duration of use and the names of the composer, lyricist, publisher,
copyright proprietor and performing rights society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on
diskette in Word 4.0 format of a statement of credits applicable to the Program
setting forth the names and credit obligations of Licensor with regard to all persons
to whom Licensor is contractually obligated to accord credit on the screen, in any
paid advertising.

					
	 	 	 	 	 
	 
	 	7
	 	LITTLE ASHES

 

 

Here
Networks L.LC.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of October 20, 2008

Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

Re: EICHMANN

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled EICHMANN (the “Program”) for
exhibition on Here Networks program services (“Here Networks”). For good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the parties
have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: EICHMANN
(running time 100 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English language and available in hi-definition, digi-beta or beta sp video
elements in accordance with the technical specifications of
HERE’s standard
delivery schedule attached hereto as Exhibit “A;” and

(b) Shall be completely finished, fully edited and titled, and fully
synchronized with language, dialogue, sound and music, recorded with sound
equipment pursuant to valid licenses, and in all respects ready, and of a
technical quality adequate for general first-class Telecast (as defined below in
paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the Exhibition Period as set forth in Paragraph 3
hereof (“Term”).
Additionally, prior to expiration of the Term, HERE shall have the option to extend the
Term for an additional five (5) year Exhibition Period, as defined in Paragraph 3 below,
by payment to Licensor of the Extension Fee as defined in subparagraph 8(d) hereof
(“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of three (3) years (“Exhibition Period”) commencing no later than the
earlier of the first Telecast of the Program in the Territory or 6 months from complete
delivery to and acceptance by HERE of all of the Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and Canada and their respective territories and possessions, including
Puerto Rico, Guam and the U.S. Virgin Islands (“Territory”) and military bases, embassies,
ships, aircrafts and carriers flying the flags of the foregoing countries.

					
	 	 	 	 	 
	 
	 	1
	 	EICHMANN

 

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast the Program in the languages licensed hereunder on any and all Telecast
Service(s) which is and/or are branded and/or owned in whole or in part and/or operated
now or in the future by here! Networks, or a parent company, division, affiliate,
subsidiary, or licensee thereof in the territory (“Telecast Service”). Such Telecast
Service may be advertiser supported and/or accept and disclose on-air program funding in
the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute, perform and exhibit the Program on the Telecast Service via all forms of
“standard television” and “non-standard television” (“Telecast”). The term “standard
television” means all forms of “free broadcast television.” The term “non-standard
television” means all other forms of “television,” excluding free broadcast television
only. The term “television” includes, without limitation, all means, manner and method of
transmission via over-the-air, satellite, cable, broadband, wireless, Internet protocol,
the Internet (provided access to such transmission is technologically capable of being
limited to the Territory, e.g., conditional access) and transmission to mobile and
handheld devices and any other technology (including, without limitation, cable, free
broadcast, subscription television, pay-per-view, closed circuit and all forms and
variations of video-on-demand, interactive and delayed exhibition), now known or hereafter
devised by which a television signal is or may be delivered (including but not limited to
analog, digital and HDTV). HERE shall have the exclusive right, in the Territory to
promote, market, and advertise the Telecast of the Program on the Telecast Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the foregoing, the parties acknowledge that Licensor may seek third party
licenses during the Term and for the Extended Term, for all or part of the rights granted
hereunder and HERE, at its sole option, shall have the right to relicense such rights to
Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the Territory
during the Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise exhibit in any manner or form whatsoever, the Program in any
language or subtitled version in the Territory during the Term on any form of standard or
non-standard television, including via any transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere of the Program such that the Program shall not have been exhibited or otherwise
exploited in any media whatsoever anywhere in the Territory prior to HERE’S initial
Telecast of the Program on the Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the Program and all elements thereof throughout the world, regardless of location, on any
and all cruise ships, theme parks, hotels, airplanes, resorts and entertainment centers
that are broadcasting any Telecast Services, provided that Telecast of the Program on any
such branded and/or owned services shall be limited to closed circuit television or a
similar form of limited access television exhibition permitting access only within the
particular theme park, resort, entertainment centers, cruise ships, hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and nonstandard television formats and Internet distribution in the
Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard television, including Internet distribution, during the Term.

					
	 	 	 	 	 
	 
	 	2
	 	EICHMANN

 

 

8, License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the Program
of US$35,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the Program in the
Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the first
Telecast of the Program in the Territory: and

(c) 40% on the 15th day of the month twenty-four (24) months
following the first Telecast of the Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such extension shall be $17,500 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”)
as more fully set forth in Exhibit A, attached hereto and forming a part hereof. Timely
delivery of the Deliverables shall be of the essence of the Agreement. Licensor shall be
responsible for the expense of shipping Deliverables from Licensor to HERE. Distributor
acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including, without limitation, wrapping, formatting and scheduling, creating
promotional interstitial elements, inserting commercials, and conforming with HERE’S
standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with respect to the Program, which rights shall be exclusive to HERE
within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the Program, including without limitation, any clips, music (in context
only unless otherwise specified herein) existing slides, photos and other
publicity and promotional materials reasonably available to or under the control
of Licensor (“Advertising Materials”), subject to any pre-existing third party
contractual restrictions applicable thereto and of which Licensor informs HERE in
writing at the time of delivery of the Advertising Materials. HERE’S inadvertent
or unintentional failure to comply with any such applicable restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S preference for original color slides and agrees to use best efforts to
furnish same to HERE. To the extent reasonably practical, said Advertising
Materials shall be delivered to HERE at Licensor’s sole cost and expense not less
than one hundred and twenty (120) days prior to commencement of the Term, or as
early as reasonably and commercial possible. Licensor shall deliver said
Advertising Materials in accordance with the Delivery Requirements. Licensor
understands that the furnishing of the aforementioned Advertising Materials is a
material obligation of this Agreement and failure to comply with such is
grounds for termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs by all means and/or media (including, but not limited to the Internet) in
the Language specified herein;

     (d) The right to create television promotional spots featuring segments (not
to exceed four (4) minutes each) of the Program and the right to engage in
commercial or

					
	 	 	 	 	 
	 
	 	3
	 	EICHMANN

 

 

promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or voice of, and biographical information relating to. anyone who rendered
services in or in connection with the Program, for the purpose of advertising,
publicizing or promoting the Programs or the Telecast Service, but not so as to
constitute a direct endorsement of any product or Telecast Service other than the
Telecast Service referred to in this Agreement, and subject to any applicable guild
and third party contractual restrictions of which Licensor notifies HERE in advance
in writing. Notwithstanding the foregoing, HERE’S inadvertent or unintentional
failure to comply with any applicable guild or third party contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has
the right to enter into this Agreement, to grant all rights (including but not limited to
grand rights) granted herein and to perform all of Licensor’s obligations hereunder and
that HERE’S exercise of its rights hereunder, including, without limitation, the
exhibition, promotion, publicity and advertising use of the Program or any part thereof as
provided herein shall not violate the rights of any third party or cause HERE to have any
financial liability whatsoever, except for the License Fee set forth herein and payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements thereof,
in any manner in any media (but not as a direct endorsement of any product), including
without limitation, clips, photographs and music. HERE shall similarly indemnify and
hold harmless Licensor for any breach of any warranty or representation of HERE
hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to the Program under Licensor’s Errors and Omissions and shall
provide HERE with an endorsement to the policy evidencing such coverage prior to the
commencement of principal photography of the Program. Such insurance shall be in an
amount not less than $1 Million/$3 Million, shall be obtained prior to the commencement of
principal photography of the Program with no exclusions from an entity reasonably approved
by HERE and shall have a deductible of no greater than $25,000 per claim. Licensor shall
cause its carrier to assume primary responsibility notwithstanding that HERE also may have
its own insurance coverage. As a condition to HERE’S obligations under this Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance
with the laws of the State of California applicable to contracts entered into and fully to
be performed therein. Licensor hereby consents and submits to the jurisdiction of the
federal and state courts located in the State of California, and any action or suit under
this Agreement may be brought in any federal or state court with appropriate jurisdiction
over the subject matter established or sitting in the State of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties hereto and their respective successors and permitted assigns.
Licensor may not assign, license or

					
	 	 	 	 	 
	 
	 	4
	 	EICHMANN

 

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party. HERE may assign any or all of its rights
and obligations under this Agreement for purposes of distribution of the Program, or
in connection with a merger or sale of the assets of HERE, as long as assignee assumes
all of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its
sole and absolute discretion if Licensor fails to deliver the Program in accordance with
the terms and conditions hereof, subject to any notice and cure provisions hereof. Except
as expressly provided herein, Licensor shall not have the right to terminate, revoke,
cancel, or rescind this Agreement for any reason whatsoever prior to the expiration of the
Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any preceding or succeeding breach hereof. Notwithstanding any other
provision of this Agreement, Licensor’s sole remedy for breach by HERE of any of its
obligations under this Agreement shall be an action at law for damages and Licensor
acknowledges that such damages are fully adequate to compensate Licensor in the case of
any breach by HERE hereunder. In no event shall Licensor seek or be entitled to
rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours,

HERE NETWORKS L.L.C.

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Its:  	Executive Vice President 	 	 
	 	 	 	 
	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 
	 	Its:  	VICE PRESIDENT 	 	 
	 	 	 	 
	 

					
	 	 	 	 	 
	 
	 	5
	 	EICHMANN

 

 

EXHIBIT A

DELIVERY SCHEDULE

Attached
to and forming a part of the Agreement dated as of October 20, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

A. HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV) with continuous time code and control track from the beginning of tape leader to the
end. ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects
only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color bars
video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings, disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

					
	 	 	 	 	 
	 
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	 	EICHMANN

 

 

	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate
Interlaced; referenced to 59.94HZ (Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4:
stereo music & effects only (Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to
the HD video stream at the 29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure,
then HERE shall have the option to (i) terminate this Agreement with no further
liability or obligation to Licensor, or (ii) create or cure the defective elements
and charge the cost thereof to Licensor.
	 
	B.	 	OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and
poster art; captioned host/star/director head shots all in the highest resolution available on all of the
following formats available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the title and a brief description of the Program’s topic and content), a complete list of
cast and credits, and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each musical composition contained within the Program, the title, type of use, duration of
use and the names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on diskette
in Word 4.0 format of a statement of credits applicable to the Program setting forth the names and credit
obligations of Licensor with regard to all persons to whom Licensor is contractually obligated to
accord credit on the screen, in any paid advertising.

					
	 	 	 	 	 
	 
	 	7
	 	EICHMANN

 

 

Here Networks L.LC.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of
October 22, 2008

Regent
Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

     Re: DREAM BOY

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE NETWORKS L.L.C. (“HERE”) the motion picture entitled DREAM BOY (the “Program”)
for exhibition on Here Networks program services (“Here Networks”). For good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged,
the parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: DREAM BOY (running time 94 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English language and available in hi-definition, digi-beta or beta sp video
elements in accordance with the technical specifications of HERE’S standard
delivery schedule attached hereto as Exhibit “A;” and

(b) Shall be completely finished, fully edited and titled, and fully
synchronized with language, dialogue, sound and music, recorded with sound
equipment pursuant to valid licenses, and in all respects ready, and of a
technical quality adequate for general first-class Telecast (as defined below
in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the Exhibition Period as set forth in Paragraph 3 hereof (‘Term”). Additionally, prior to
expiration of the Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period, as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of three (3) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the Program in the Territory or 6 months from complete delivery to and acceptance by HERE of
all of the Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and Canada and their respective territories and possessions, including Puerto Rico, Guam and
the U.S. Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and carriers
flying the flags of the foregoing countries.

					
	 	 	 	 	 
	 
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	 	DREAM BOY

 

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast the Program in the languages licensed hereunder on any and all Telecast Service(s)
which is and/or are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks, or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast Service”). Such Telecast Service may be advertiser supported and/or accept and
disclose on-air program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute, perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and “non-standard television” (“Telecast”). The term “standard television” means all
forms of “free broadcast television.” The term “non-standard television” means all other forms of
“television,” excluding free broadcast television only. The term “television” includes, without
limitation, all means, manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet protocol, the Internet (provided access to such transmission is technologically
capable of being limited to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive
and delayed exhibition), now known or hereafter devised by which a television signal is or may be
delivered (including but not limited to analog, digital and HDTV). HERE shall have the
exclusive right, in the Territory to promote, market, and advertise the Telecast of the Program on the
Telecast Service in all forms of television and other media, including without limitation the Internet.
Notwithstanding the foregoing, the parties acknowledge that Licensor may seek third party licenses during
the Term and for the Extended Term, for all or part of the rights granted hereunder and HERE, at
its sole option, shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited number of exhibition days, on each and every Telecast Service throughout the
Territory during the Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the Territory during the Term on any form of standard or non-standard television,
including via any transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere of the Program such that the Program shall not have been exhibited or otherwise
exploited in any media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast the
Program and all elements thereof throughout the world, regardless of location, on any
and all cruise ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any Telecast Services, provided that Telecast of the Program on any such branded and/or
owned services shall be limited to closed circuit television or a similar form of limited access
television exhibition permitting access only within the particular theme park, resort, entertainment
centers, cruise ships, hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard television, including Internet distribution, during the Term.

					
	 	 	 	 	 
	 
	 	2
	 	DREAM BOY

 

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of US$50,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the
first Telecast of the Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following
the first Telecast of the Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such extension shall be $25,000 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively,
“Deliverables”) as more fully set forth in Exhibit A, attached hereto and forming a
part hereof. Timely delivery of the Deliverables shall be of the essence of the
Agreement. Licensor shall be responsible for the expense of shipping Deliverables from
Licensor to HERE, Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including, without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements, inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the payment of any additional compensation, any and all audio, visual and other
elements of the Program, including without limitation, any clips, music (in context only
unless otherwise specified herein) existing slides, photos and other publicity and
promotional materials reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to any pre-existing third party contractual restrictions applicable thereto and
of which Licensor informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S inadvertent or unintentional failure to comply with any such applicable restrictions shall not constitute
a material breach of this Agreement. Licensor hereby acknowledges HERE’S
preference for original color slides and agrees to use best efforts to furnish same to HERE.
To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120) days prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor shall deliver said Advertising Materials in accordance with the Delivery Requirements.
Licensor understands that the furnishing of the aforementioned Advertising Materials is a
material obligation of this Agreement and failure to comply with such is grounds for termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for the
purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the Programs by all means and/or media (including, but not limited to the Internet) in the
Language specified herein;

     (d) The right to create television promotional spots featuring segments (not to exceed four (4) minutes each) of the Program and the right to engage in
commercial or

					
	 	 	 	 	 
	 
	 	3
	 	DREAM BOY

 

 

promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or voice of, and biographical information relating to, anyone who rendered
services in or in
connection with the Program, for the purpose of advertising, publicizing or promoting the
Programs or the Telecast Service, but not so as to constitute a direct
endorsement of any product or Telecast Service other than the Telecast Service referred to in
this Agreement, and
subject to any applicable guild and third party contractual restrictions of which Licensor notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or unintentional failure to comply with any applicable guild or third party
contractual restrictions shall not constitute a material breach of this Agreement: and

     (f) The right to submit the Program or portions thereof for awards consideration within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has
the right to enter into this Agreement, to grant all rights (including but not limited to grand rights)
granted herein and to perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder, including, without limitation, the exhibition, promotion, publicity and advertising use of
the Program or any part thereof as provided herein shall not violate the rights of any third party or
cause HERE to have any financial liability whatsoever, except for the License Fee set forth herein and
payment to performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements thereof,
in any manner in any media (but not as a direct endorsement of any product), including
without limitation, clips, photographs and music. HERE shall similarly indemnify and
hold harmless Licensor for any breach of any warranty or representation of HERE
hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to the Program under Licensor’s Errors and Omissions and shall provide HERE with an
endorsement to the policy evidencing such coverage prior to the commencement of principal photography of
the Program. Such insurance shall be in an amount not less than $1 Million/$3 Million, shall
be obtained prior to the commencement of principal photography of the Program with no exclusions from
an entity reasonably approved by HERE and shall have a deductible of no greater than $25,000 per
claim. Licensor shall cause its carrier to assume primary responsibility notwithstanding that
HERE also may have its own insurance coverage. As a condition to HERE’S obligations under this
Agreement, Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance
with the laws of the State of California applicable to contracts entered into and fully to be performed
therein. Licensor hereby consents and submits to the jurisdiction of the federal and state courts located in
the State of California, and any action or suit under this Agreement may be brought in any federal or
state court with appropriate jurisdiction over the subject matter established or sitting in the State
of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties hereto and their respective successors and permitted assigns. Licensor may not assign,
license or

					
	 	 	 	 	 
	 
	 	4
	 	DREAM BOY

 

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party. HERE may assign any or all of its rights
and obligations under this Agreement for purposes of distribution of the Program, or
in connection with a merger or sale of the assets of HERE, as long as assignee assumes
all of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its
sole and absolute discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof, subject to any notice and cure provisions hereof. Except as expressly provided herein,
Licensor shall not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any preceding or succeeding breach hereof. Notwithstanding any other provision of this
Agreement, Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement
shall be an action at law for damages and Licensor acknowledges that such damages are fully adequate
to compensate Licensor in the case of any breach by HERE hereunder. In no event shall
Licensor seek or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

Very truly yours,

	 	 	 	 	 
	 	HERE NETWORKS L.L.C.

 	 
	 	By:  	/s/ Mark Reinhart
 	 	 
	 	 	Its: EXECUTIVE VICE PRESIDENT 	 
	 
	 	AGREED AND ACCEPTED:

 	 
	 	REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 
	 	By:  	/s/ Paul A.Colichman
 	 	 
	 	 	Its: VICE PRESIDENT 	 

					
	 	 	 	 	 
	 
	 	5
	 	DREAM BOY

 

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of October 22, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

	A.	 	HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the following order and preference of video tape formats: HD CAM,
DigiBeta, or Beta SP

	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape

	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval

	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video
black analog 7.5 IRE; digital 0.0mV)
with continuous time code and control track from the beginning of tape leader to the
end.
ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC
(continuous control track).
	 
	 	•	 	Color bars: NTSC
(analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects
only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color bars
video level and audio
tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings,
disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should
start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

					
	 	 	 	 	 
	 
	 	6
	 	DREAM BOY

 

 

	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate Interlaced;
referenced to 59.94HZ
(Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4:
stereo music & effects only
(Dolby 5,1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to
the HD video stream at the
29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of
notice to cure the defects and redeliver the master videotape. If Licensor does not
cure, then HERE shall have the option to (i) terminate this Agreement with no
further liability or obligation to Licensor, or (ii) create or cure the defective
elements and charge the cost thereof to Licensor.

	B.	 	OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs
including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and
poster art: captioned
host/star/director head shots all in the highest resolution available on all of the
following formats
available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the
title and a brief description of the Program’s topic and content), a complete list of
cast and credits,
and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each
musical composition contained within the Program, the title, type of use, duration of
use and the
names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any

	3.	 	Credit Statement: One (1) original typewritten copy with a copy on
diskette in Word 4.0 format of a
statement of credits applicable to the Program setting forth the names and credit
obligations of
Licensor with regard to all persons to whom Licensor is contractually obligated to
accord credit on the
screen, in any paid advertising.

					
	 	 	 	 	 
	 
	 	7
	 	DREAM BOY

 

 

Here Networks L.LC.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of October 23, 2008

Regent Worldwide Sales L.L.C. 

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

      Re: MANUELA Y MANUEL

Ladies
& Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled MANUELA Y MANUEL (the “Program”)
for exhibition on Here Networks program services (“Here Networks”). For good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged,
the parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: MANUELA Y
MANUEL (running time 94 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English
language and available in hi-definition, digi-beta or beta sp video elements in
accordance with
the technical specifications of HERE’s standard delivery schedule attached hereto
as Exhibit
“A;” and

(b) Shall be completely finished, fully edited and titled, and fully synchronized
with language,
dialogue, sound and music, recorded with sound equipment pursuant to valid
licenses, and in
all respects ready, and of a technical quality adequate for general first-class
Telecast (as
defined below in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and
continue throughout the Exhibition Period as set forth in Paragraph 3 hereof (“Term”).
Additionally, prior to expiration of the Term, HERE shall have the option to extend the
Term for an additional five (5) year Exhibition Period, as defined in Paragraph 3
below, by payment to Licensor of the Extension Fee as defined in subparagraph 8(d)
hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of
four (4) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE of
all of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and
Canada and their respective territories and possessions, including Puerto Rico, Guam and
the U.S.
Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and carriers
flying the flags
of the foregoing countries.

					
	 	 	 	 	 
	 
	 	1
	 	MANUELA Y MANUEL

 

 

	5.	 	Telecast and Exhibition Rights:

      (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast the Program in the languages licensed hereunder on any and all Telecast Service(s)
which is and/or are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks, or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast Service”), Such Telecast Service may be advertiser supported and/or accept and
disclose on-air program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term “standard television” means all
forms of “free
broadcast television.” The term “non-standard television” means all other forms of
“television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically
capable of being limited
to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive
and delayed
exhibition), now known or hereafter devised by which a television signal is or may be
delivered
(including but not limited to analog, digital and HDTV). HERE shall have the
exclusive right, in the
Territory to promote, market, and advertise the Telecast of the Program on the
Telecast Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses during
the Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at
its sole option,
shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the
Territory during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television,
including via any
transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise
exploited in any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the Program and all elements thereof throughout the world, regardless of location, on any
and all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or
owned services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment
centers, cruise ships,
hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and
nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard
television, including Internet distribution, during the Term.

					
	 	 	 	 	 
	 
	 	2
	 	MANUELA Y MANUEL

 

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for
the Program of US$40,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the
Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the
first Telecast of the
Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following
the first Telecast of the
Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such
extension shall be $20,000 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”)
as more fully set forth in
Exhibit A, attached hereto and forming a part hereof. Timely delivery of the
Deliverables shall be of
the essence of the Agreement. Licensor shall be responsible for the expense of shipping
Deliverables
from Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with
respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only unless
otherwise
specified herein) existing slides, photos and other publicity and
promotional materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto and of
which Licensor
informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S
preference for original color slides and agrees to use best efforts to furnish
same to HERE.
To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120)
days prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is
grounds for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the
purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs
by all means and/or media (including, but not limited to the Internet) in the
Language specified
herein;

     (d) The right to create television promotional spots featuring segments (not to
exceed four (4) minutes each) of the Program and the right to engage in commercial or

					
	 	 	 	 	 
	 
	 	3
	 	MANUELA Y MANUEL

 

 

promotional tie-ins with sponsors of the Program or the Telecast Service, subject
to any restrictions or obligations contained in the talent agreements and
notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or
voice of, and biographical information relating to, anyone who rendered
services in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct
endorsement of any
product or Telecast Service other than the Telecast Service referred to in this
Agreement, and
subject to any applicable guild and third party contractual restrictions of
which Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration
within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has
the right to enter
into this Agreement, to grant all rights (including but not limited to grand rights)
granted herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising use of
the Program or
any part thereof as provided herein shall not violate the rights of any third party or
cause HERE to
have any financial liability whatsoever, except for the License Fee set forth herein and
payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements
thereof, in any manner in any media (but not as a direct endorsement of any product),
including without limitation, clips, photographs and music. HERE shall similarly
indemnify and hold harmless Licensor for any breach of any warranty or representation
of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an
endorsement to
the policy evidencing such coverage prior to the commencement of principal photography of
the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million, shall
be obtained
prior to the commencement of principal photography of the Program with no exclusions from
an entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per
claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that
HERE also may
have its own insurance coverage. As a condition to HERE’S obligations under this
Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance
with the laws of
the State of California applicable to contracts entered into and fully to be performed
therein. Licensor
hereby consents and submits to the jurisdiction of the federal and state courts located in
the State of
California, and any action or suit under this Agreement may be brought in any federal or
state court
with appropriate jurisdiction over the subject matter established or sitting in the State
of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties
hereto and their respective successors and permitted assigns. Licensor may not assign, license or

					
	 	 	 	 	 
	 
	 	4
	 	MANUELA Y MANUEL

 

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in part, to any
person or entity, provided however that Licensor may assign the right to receive payment hereunder
to any third party. HERE may assign any or all of its rights and obligations under this Agreement
for purposes of distribution of the Program, or in connection with a merger or sale of the assets
of HERE, as long as assignee assumes all of the obligations hereunder,

16. Termination: HERE shall have the right to terminate this Agreement in its sole and
absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and conditions
hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein. Licensor
shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever
prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a waiver of
any
preceding or succeeding breach hereof. Notwithstanding any other provision of this Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement shall be
an
action at law for damages and Licensor acknowledges that such damages are fully adequate to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall Licensor seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first written above
and return all copies of the Agreement to HERE for countersignature. A fully executed copy of the
Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours,

HERE NETWORKS L.L.C.

 	 	 
	By:  	  /s/ Mark Reinhart
 	 	 
	 	Its: Executive Vice President 	 	 
	 	 	 	 
	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 
	 	Its:  VICE PRESIDENT 	 	 
	 	 	 	 
	 

					
	 	 	 	 	 
	 
	 	5
	 	MANUELA Y MANUEL

 

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of October 23, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

A. HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the
following order and preference of video tape formats: HD CAM, DigiBeta. or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV)
with continuous time code and control track from the beginning of tape leader to the end.
ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.

	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music &
effects only.
	 
	 	•	 	Programming video and audio levels must be referenced to the
color bars video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code: 00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7,5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code: 00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code: 00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code: 00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO NOT include ratings,
disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes, tape #1 program should
start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

					
	 	 	 	 	 
	 
	 	6
	 	MANUELA Y MANUEL

 

 

	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate Interlaced; referenced to 59.94HZ
(Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects only
(Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to the HD video stream at the
29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of
notice to cure the defects and redeliver the master videotape. If Licensor does not
cure, then HERE shall have the option to (i) terminate this Agreement with no
further liability or obligation to Licensor, or (ii) create or cure the defective
elements and charge the cost thereof to Licensor.

B. OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs
including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and poster art; captioned
host/star/director head shots all in the highest resolution available on all of the following formats
available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the Program (including the
title and a brief description of the Program’s topic and content), a complete list of cast and credits,
and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each
musical composition contained within the Program, the title, type of use, duration of
use and the

names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on
diskette in Word 4.0 format of a
statement of credits applicable to the Program setting forth the names and credit
obligations of
Licensor with regard to all persons to whom Licensor is contractually obligated to
accord credit on the
screen, in any paid advertising.

					
	 	 	 	 	 
	 
	 	7
	 	MANUELA Y MANUEL

 

 

Here
Networks L.LC.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of October 29, 2008

Regent
Worldwide Sales L.L.C. 

on behalf of Convergent Funding, LLC

 10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

      Re: THE ART OF BEING STRAIGHT

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled THE ART OF BEING STRAIGHT (the
“Program”) for exhibition on Here Networks program services (“Here Networks”). For
good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: THE ART OF
BEING

STRAIGHT (running time 71 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English
language and available in hi-definition, digi-beta or beta sp video elements in
accordance with
the technical specifications of HERE’S standard delivery schedule attached
hereto as Exhibit
“A;” and

(b) Shall be completely finished, fully edited and titled, and fully
synchronized with language,
dialogue, sound and music, recorded with sound equipment pursuant to valid
licenses, and in
all respects ready, and of a technical quality adequate for general first-class
Telecast (as
defined below in paragraph 5(b) in the Territory,

2. Term; The term of this agreement shall commence on the date hereof and
continue throughout the
Exhibition Period as set forth in Paragraph 3 hereof (“Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as
defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of four (4) years (“Exhibition Period”) commencing no later than
the earlier of the first Telecast of the Program in the Territory or 6 months from
complete delivery to and acceptance by HERE of all of the Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in
the United States and Canada and their respective territories and possessions,
including Puerto Rico, Guam and the U.S. Virgin Islands (“Territory”) and military
bases, embassies, ships, aircrafts and carriers flying the flags of the foregoing
countries.

					
	 	 	 	 	 
	 
	 	1
	 	THE ART OF BEING STRAIGHT

 

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast
the Program in the languages licensed hereunder on any and all Telecast Service(s)
which is and/or
are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (‘Telecast
Service”). Such Telecast Service may be advertiser supported and/or accept and
disclose on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term “standard television” means all
forms of “free
broadcast television.” The term “non-standard television” means all other forms of
“television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically
capable of being limited
to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-
view, closed circuit and all forms and variations of video-on-demand, interactive
and delayed
exhibition), now known or hereafter devised by which a television signal is or may be
delivered
(including but not limited to analog, digital and HDTV). HERE shall have the
exclusive right, in the
Territory to promote, market, and advertise the Telecast of the Program on the
Telecast Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses during
the Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at
its sole option,
shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the
Territory during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or
otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television,
including via any
transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise
exploited in any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the
Program and all elements thereof throughout the world, regardless of location, on any
and all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or
owned services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment
centers, cruise ships,
hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and
nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard
television, including Internet distribution, during the Term.

					
	 	 	 	 	 
	 
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8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for
the Program of US$37,500.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of
the Program in the Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the
first Telecast of the
Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months
following the first Telecast of the
Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such
extension shall be $18,750 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively,
“Deliverables”) as more fully set forth in
Exhibit A, attached hereto and forming a part hereof. Timely delivery of the
Deliverables shall be of
the essence of the Agreement. Licensor shall be responsible for the expense of
shipping Deliverables
from Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for
all purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional
interstitial elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without
the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only
unless otherwise
specified herein) existing slides, photos and other publicity and
promotional materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto
and of which Licensor
informs HERE in writing at the time of delivery of the Advertising
Materials. HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby
acknowledges HERE’S
preference for original color slides and agrees to use best efforts to
furnish same to HERE.
To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120)
days prior to
commencement of the Term, or as early as reasonably and commercial
possible. Licensor
shall deliver said Advertising Materials in accordance with the
Delivery Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such
is grounds for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses
for the
purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs
by all means and/or media (including, but not limited to the Internet) in
the Language specified
herein;

					
	 	 	 	 	 
	 
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     (d) The right to create television promotional spots featuring segments
(not to
exceed four (4) minutes each) of the Program and the right to engage in
commercial or
promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any
restrictions or obligations contained in the talent agreements and notified
by Licensor to
HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or
voice of, and biographical information relating to, anyone who rendered
services in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct
endorsement of any
product or Telecast Service other than the Telecast Service referred to in
this Agreement, and
subject to any applicable guild and third party contractual restrictions of
which Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing,
HERE’S inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration
within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it
has the right to enter
into this Agreement, to grant all rights (including but not limited to grand rights)
granted herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising
use of the Program or
any part thereof as provided herein shall not violate the rights of any third party or
cause HERE to
have any financial liability whatsoever, except for the License Fee set forth herein
and payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel
fees, relating to the Program or arising from exhibition of the Program by HERE or
the Here Networks program services, any breach of any warranty or representation made
by Licensor herein, or any promotional use by HERE of the Program or any elements
thereof, in any manner in any media (but not as a direct endorsement of any product),
including without limitation, clips, photographs and music. HERE shall similarly
indemnify and hold harmless Licensor for any breach of any warranty or representation
of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an
endorsement to
the policy evidencing such coverage prior to the commencement of principal photography
of the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million,
shall be obtained
prior to the commencement of principal photography of the Program with no exclusions
from an entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per
claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that
HERE also may
have its own insurance coverage. As a condition to HERE’s obligations under this
Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in
accordance with the laws of
the State of California applicable to contracts entered into and fully to be performed
therein. Licensor
hereby consents and submits to the jurisdiction of the federal and state courts
located in the State of
California, and any action or suit under this Agreement may be brought in any federal
or state court
with appropriate jurisdiction over the subject matter established or sitting in the
State of California.

					
	 	 	 	 	 
	 
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15. Assignment: This Agreement will be binding upon and will inure to the benefit of the
parties
hereto and their respective successors and permitted assigns. Licensor may not assign, license or
otherwise transfer its rights and/or obligations under this Agreement, in whole or in part, to any
person
or entity, provided however that Licensor may assign the right to receive payment hereunder to any
third party. HERE may assign any or all of its rights and obligations under this Agreement for
purposes of distribution of the Program, or in connection with a merger or sale of the assets of
HERE,
as long as assignee assumes all of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its sole and absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and conditions
hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein, Licensor
shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever
prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a waiver of
any
preceding or succeeding breach hereof. Notwithstanding any other provision of this Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement shall be
an
action at law for damages and Licensor acknowledges that such damages are fully adequate to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall Licensor seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first written above
and return all copies of the Agreement to HERE for countersignature. A fully executed copy of the
Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours,

HERE NETWORKS L.L.C.

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Its: EXECUTIVE VICE PRESIDENT 	 	 
	 	 	 	 
	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 
	 	Its: VICE PRESIDENT 	 	 
	 	 	 	 
	 

					
	 	 	 	 	 
	 
	 	5
	 	THE ART OF BEING STRAIGHT

 

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of October 29, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

A. HERE PROGRAM AND
TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the
following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY: other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV)
with continuous time code and control track from the beginning of tape leader to the
end.
ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous
control track).
	 
	 	•	 	Color bars: NTSC (analog or
digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio
tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music &
effects only.
	 
	 	•	 	Programming video and audio levels must be referenced to the
color bars video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital)
duration: 30 seconds; time code: 00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital)
duration: 10 seconds; time code: 00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code: 00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for
digital) duration: 10 seconds; time code: 00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO NOT include ratings,
disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes, tape #1 program should
start at TC 01:00:00:00: tape #2 should start at TC 02:00:00:00

					
	 	 	 	 	 
	 
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	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate Interlaced; referenced to 59.94HZ
(Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects only
(Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to the HD video stream at the
29.97 frame rate.
	 
	 	•	 	HP Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes,

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of
notice to cure the defects and redeliver the master videotape. If Licensor does not
cure, then HERE shall have the option to (i) terminate this Agreement with no
further liability or obligation to Licensor, or (ii) create or cure the defective
elements and charge the cost thereof to Licensor.

B. OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs
including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and poster art: captioned
host/star/director head shots all in the highest resolution available on all of the following formats
available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the Program (including the
title and a brief description of the Program’s topic and content), a complete list of
cast and credits,

and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each
musical composition contained within the Program, the title, type of use, duration of
use and the
names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on
diskette in Word 4.0 format of a
statement of credits applicable to the Program setting forth the names and credit
obligations of
Licensor with regard to all persons to whom Licensor is contractually obligated to
accord credit on the
screen, in any paid advertising.

					
	 	 	 	 	 
	 
	 	7
	 	THE ART OF BEING STRAIGHT

 

 

Here Networks L.LC.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of November 6, 2008

Regent Worldwide Sales L.LC. 

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite 1150

Los Angeles, CA 90024

      Re: WATERCOLORS

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled WATERCOLORS (the “Program”) for
exhibition on Here Networks program services (“Here Networks”). For good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled:
WATERCOLORS
(running time 106 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English language and available in hi-definition, digi-beta or beta sp video
elements in accordance with the technical specifications of HERE’S standard
delivery schedule attached hereto as Exhibit “A;” and

(b) Shall be completely finished, fully edited and titled, and fully
synchronized with language, dialogue, sound and music, recorded with sound
equipment pursuant to valid licenses, and in all respects ready, and of a
technical quality adequate for general first-class Telecast (as defined below
in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the
Exhibition Period as set forth in Paragraph 3 hereof (‘Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as
defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the
Program during the period of
three (3) years (“Exhibition Period”) commencing no later than the earlier of the
first Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE
of all of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and
Canada and their respective territories and possessions, including Puerto Rico, Guam
and the U.S.
Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and
carriers flying the flags
of the foregoing countries.

					
	 	 	 	 	 
	 
	 	1
	 	WATERCOLORS

 

 

	5.	 	Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast the Program in the languages licensed hereunder on any and all Telecast
Service(s) which is and/or are branded and/or owned in whole or in part and/or operated
now or in the future by here! Networks, or a parent company, division, affiliate,
subsidiary, or licensee thereof in the territory (“Telecast Service”). Such Telecast
Service may be advertiser supported and/or accept and disclose on-air program funding in
the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute, perform and exhibit the Program on the Telecast Service via all forms of
“standard television” and “non-standard television” (“Telecast”), The term “standard
television” means all forms of “free broadcast television.” The term “non-standard
television” means all other forms of “television,” excluding free broadcast television
only. The term “television” includes, without limitation, all means, manner and method of
transmission via over-the-air, satellite, cable, broadband, wireless, Internet protocol,
the Internet (provided access to such transmission is technologically capable of being
limited to the Territory, e.g., conditional access) and transmission to mobile and
handheld devices and any other technology (including, without limitation, cable, free
broadcast, subscription television, pay-per- view, closed circuit and all forms and
variations of video-on-demand, interactive and delayed exhibition), now known or
hereafter devised by which a television signal is or may be delivered (including but not
limited to analog, digital and HDTV). HERE shall have the exclusive right, in the
Territory to promote, market, and advertise the Telecast of the Program on the Telecast
Service in all forms of television and other media, including without limitation the
Internet. Notwithstanding the foregoing, the parties acknowledge that Licensor may seek
third party licenses during the Term and for the Extended Term, for all or part of the
rights granted hereunder and HERE, at its sole option, shall have the right to relicense
such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the Territory
during the Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise exhibit in any manner or form whatsoever, the Program in any
language or subtitled version in the Territory during the Term on any form of standard or
non-standard television, including via any transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere of the Program such that the Program shall not have been exhibited or otherwise
exploited in any media whatsoever anywhere in the Territory prior to HERE’S initial
Telecast of the Program on the Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the Program and all elements thereof throughout the world, regardless of location, on any
and all cruise ships, theme parks, hotels, airplanes, resorts and entertainment centers
that are broadcasting any Telecast Services, provided that Telecast of the Program on any
such branded and/or owned services shall be limited to closed circuit television or a
similar form of limited access television exhibition permitting access only within the
particular theme park, resort, entertainment centers, cruise ships, hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and nonstandard television formats and Internet distribution in the
Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard television, including Internet distribution, during the Term.

					
	 	 	 	 	 
	 
	 	2
	 	WATERCOLORS

 

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of US$75,000.00, which shall be payable as follows;

(a) 20% on the 15th day of the month following the first Telecast of
the Program in the Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the
first Telecast of the Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months
following the first Telecast of the Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such extension shall be $37,500 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”) as
more fully set forth in Exhibit A, attached hereto and forming a part hereof. Timely
delivery of the Deliverables shall be of the essence of the Agreement. Licensor shall
be responsible for the expense of shipping Deliverables from Licensor to HERE.
Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including, without limitation, wrapping, formatting and scheduling, creating
promotional interstitial elements, inserting commercials, and conforming with HERE’S
standards and practices,

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with respect to the Program, which rights shall be exclusive to HERE
within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without
the payment of any additional compensation, any and all audio, visual and other
elements of the Program, including without limitation, any clips, music (in
context only unless otherwise specified herein) existing slides, photos and
other publicity and promotional materials reasonably available to or under the
control of Licensor (“Advertising Materials”), subject to any pre-existing third
party contractual restrictions applicable thereto and of which Licensor informs
HERE in writing at the time of delivery of the Advertising Materials. HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not constitute a material breach of this Agreement. Licensor
hereby acknowledges HERE’S preference for original color slides and agrees to
use best efforts to furnish same to HERE, To the extent reasonably practical,
said Advertising Materials shall be delivered to HERE at Licensor’s sole cost
and expense not less than one hundred and twenty (120) days prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor shall deliver said Advertising Materials in accordance with the
Delivery Requirements. Licensor understands that the furnishing of the
aforementioned Advertising Materials is a material obligation of this Agreement
and failure to comply with such is grounds for termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses
for the purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs by all means and/or media (including, but not limited to the Internet)
in the Language specified herein;

     (d) The right to create television promotional spots featuring segments
(not to exceed four (4) minutes each) of the Program and the right to engage in
commercial or

					
	 	 	 	 	 
	 
	 	3
	 	WATERCOLORS

 

 

promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or voice of, and biographical information relating to, anyone who rendered
services in or in connection with the Program, for the purpose of advertising,
publicizing or promoting the Programs or the Telecast Service, but not so as to
constitute a direct endorsement of any product or Telecast Service other than
the Telecast Service referred to in this Agreement, and subject to any
applicable guild and third party contractual restrictions of which Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or unintentional failure to comply with any applicable guild or
third party contractual restrictions shall not constitute a material breach of
this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it
has the right to enter into this Agreement, to grant all rights (including but not
limited to grand rights) granted herein and to perform all of Licensor’s obligations
hereunder and that HERE’S exercise of its rights hereunder, including, without
limitation, the exhibition, promotion, publicity and advertising use of the Program or
any part thereof as provided herein shall not violate the rights of any third party or
cause HERE to have any financial liability whatsoever, except for the License Fee set
forth herein and payment to performing rights societies such as ASCAP and BMI

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel
fees, relating to the Program or arising from exhibition of the Program by HERE or
the Here Networks program services, any breach of any warranty or representation made
by Licensor herein, or any promotional use by HERE of the Program or any elements
thereof, in any manner in any media (but not as a direct endorsement of any product),
including without limitation, clips, photographs and music. HERE shall similarly
indemnify and hold harmless Licensor for any breach of any warranty or representation
of HERE hereunder,

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to the Program under Licensor’s Errors and Omissions and shall
provide HERE with an endorsement to the policy evidencing such coverage prior to the
commencement of principal photography of the Program. Such insurance shall be in an
amount not less than $1 Million/$3 Million, shall be obtained prior to the
commencement of principal photography of the Program with no exclusions from an entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per
claim. Licensor shall cause its carrier to assume primary responsibility
notwithstanding that HERE also may have its own insurance coverage. As a condition to
HERE’S obligations under this Agreement, Licensor shall provide HERE with a copy of
such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance with
the laws of the State of California applicable to contracts entered into and fully to
be performed therein. Licensor hereby consents and submits to the jurisdiction of the
federal and state courts located in the State of California, and any action or suit
under this Agreement may be brought in any federal or state court with appropriate
jurisdiction over the subject matter established or sitting in the State of
California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties hereto and their respective successors and permitted assigns.
Licensor may not assign, license or

					
	 	 	 	 	 
	 
	 	4
	 	WATERCOLORS

 

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party. HERE may assign any or all of its rights
and obligations under this Agreement for purposes of distribution of the Program, or
in connection with a merger or sale of the assets of HERE, as long as assignee assumes
all of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its
sole and absolute discretion if Licensor fails to deliver the Program in accordance
with the terms and conditions hereof, subject to any notice and cure provisions
hereof. Except as expressly provided herein, Licensor shall not have the right to
terminate, revoke, cancel, or rescind this Agreement for any reason whatsoever prior
to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any preceding or succeeding breach hereof. Notwithstanding any other
provision of this Agreement, Licensor’s sole remedy for breach by HERE of any of its
obligations under this Agreement shall be an action at law for damages and Licensor
acknowledges that such damages are fully adequate to compensate Licensor in the case
of any breach by HERE hereunder. In no event shall Licensor seek or be entitled to
rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours, 

HERE NETWORKS L.L.C.

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Its: EXECUTIVE VICE PRESIDENT 	 	 
	 	 	 	 
	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 
	 	Its: VICE PRESIDENT 	 	 
	 	 	 	 
	 

					
	 	 	 	 	 
	 
	 	5
	 	WATERCOLORS

 

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of November 6, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES

A. HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the following order and preference of video tape formats: HD CAM,
DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV) with continuous time code and control track from the
beginning of tape leader to the end. ABSOLUTELY NO FALSE START OF VIDEO OR TIME
CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous
control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects
only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color
bars video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings, disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should start at TC 01:00:00:00; tape #2 should start at TC
02:00:00:00

					
	 	 	 	 	 
	 
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	6.	 	HP videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate Interlaced;
referenced to 59.94HZ (Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo
music & effects only (Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to
the HD video stream at the 29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of
notice to cure the defects and redeliver the master videotape. If Licensor does not
cure, then HERE shall have the option to (i) terminate this Agreement with no
further liability or obligation to Licensor, or (ii) create or cure the defective
elements and charge the cost thereof to Licensor.

B. OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and poster
art; captioned host/star/director head shots all in the highest resolution
available on all of the following formats available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the title and a brief description of the Program’s topic and
content), a complete list of cast and credits, and biographies of key Program
performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each musical composition contained within the Program, the title,
type of use, duration of use and the names of the composer, lyricist, publisher,
copyright proprietor and performing rights society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on diskette
in Word 4.0 format of a statement of credits applicable to the Program setting forth
the names and credit obligations of Licensor with regard to all persons to whom
Licensor is contractually obligated to accord credit on the screen, in any paid
advertising.

					
	 	 	 	 	 
	 
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	 	WATERCOLORS

 

 

Here Networks L.LC.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of November 7, 2008

Regent Worldwide Sales L.L.C. 
on
behalf of Convergent Funding,
LLC 
10990 Wilshire Boulevard,
Suite 1150
 Los Angeles, CA 90024

     Re: JUST SAY LOVE

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled JUST SAY LOVE (the “Program”) for
exhibition on Here Networks program services (“Here Networks”). For good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: JUST
SAY LOVE (running time 110 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English language and available in hi-definition, digi-beta or beta sp video
elements in accordance with the technical specifications of HERE’S standard
delivery schedule attached hereto as Exhibit “A;” and

(b) Shall be completely finished, fully edited and titled, and fully synchronized
with language, dialogue, sound and music, recorded with sound equipment pursuant to
valid licenses, and in all respects ready, and of a technical quality adequate for
general first-class Telecast (as defined below in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the Exhibition Period as set forth in Paragraph 3 hereof (‘Term”).
Additionally, prior to expiration of the Term, HERE shall have the option to extend the
Term for an additional five (5) year Exhibition Period, as defined in Paragraph 3 below,
by payment to Licensor of the Extension Fee as defined in subparagraph 8(d) hereof
(“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of four (4) years (“Exhibition Period”) commencing no later than the
earlier of the first Telecast of the Program in the Territory or 6 months from complete
delivery to and acceptance by HERE of all of the Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and Canada and their respective territories and possessions, including
Puerto Rico, Guam and the U.S. Virgin Islands (“Territory”) and military bases, embassies,
ships, aircrafts and carriers flying the flags of the foregoing countries.

					
	 	 	 	 	 
	 
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	 	JUST SAY LOVE

 

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast the Program in the languages licensed hereunder on any and all Telecast
Service(s) which is and/or are branded and/or owned in whole or in part and/or operated
now or in the future by here! Networks, or a parent company, division, affiliate,
subsidiary, or licensee thereof in the territory (“Telecast Service”). Such Telecast
Service may be advertiser supported and/or accept and disclose on-air program funding in
the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute, perform and exhibit the Program on the Telecast Service via all forms of
“standard television” and “non-standard television” (“Telecast”). The term “standard
television” means all forms of “free broadcast television.” The term “non-standard
television” means all other forms of “television,” excluding free broadcast television
only. The term “television” includes, without limitation, all means, manner and method of
transmission via over-the-air, satellite, cable, broadband, wireless, Internet protocol,
the Internet (provided access to such transmission is technologically capable of being
limited to the Territory, e.g., conditional access) and transmission to mobile and
handheld devices and any other technology (including, without limitation, cable, free
broadcast, subscription television, pay-per- view, closed circuit and all forms and
variations of video-on-demand, interactive and delayed exhibition), now known or hereafter
devised by which a television signal is or may be delivered (including but not limited to
analog, digital and HDTV). HERE shall have the exclusive right, in the Territory to
promote, market, and advertise the Telecast of the Program on the Telecast Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the foregoing, the parties acknowledge that Licensor may seek third party
licenses during the Term and for the Extended Term, for all or part of the rights granted
hereunder and HERE, at its sole option, shall have the right to relicense such rights to
Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the Territory
during the Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise exhibit in any manner or form whatsoever, the Program in any
language or subtitled version in the Territory during the Term on any form of standard or
non-standard television, including via any transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere of the Program such that the Program shall not have been exhibited or otherwise
exploited in any media whatsoever anywhere in the Territory prior to HERE’S initial
Telecast of the Program on the Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the Program and all elements thereof throughout the world, regardless of location, on any
and all cruise ships, theme parks, hotels, airplanes, resorts and entertainment centers
that are broadcasting any Telecast Services, provided that Telecast of the Program on any
such branded and/or owned services shall be limited to closed circuit television or a
similar form of limited access television exhibition permitting access only within the
particular theme park, resort, entertainment centers, cruise ships, hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and nonstandard television formats and Internet distribution in the
Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in standard and
nonstandard television, including Internet distribution, during the Term.

					
	 	 	 	 	 
	 
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	 	JUST SAY LOVE

 

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of US$43,750.00, which shall be payable as follows:

     (a) 20% on the 15th day of the month following the first Telecast of the
Program in the Territory; and

     (b) 40% on the 15tn day of the month twelve (12) months following the
first Telecast of the Program in the Territory; and

     (c) 40% on the 15th day of the month twenty-four (24) months following
the first Telecast of the Program in the Territory; and

     (d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such extension shall be $21,875 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”)
as more fully set forth in Exhibit A, attached hereto and forming a part hereof. Timely
delivery of the Deliverables shall be of the essence of the Agreement. Licensor shall be
responsible for the expense of shipping Deliverables from Licensor to HERE. Distributor
acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including, without limitation, wrapping, formatting and scheduling, creating
promotional interstitial elements, inserting commercials, and conforming with HERE’S
standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with respect to the Program, which rights shall be exclusive to HERE
within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the Program, including without limitation, any clips, music (in context
only unless otherwise specified herein) existing slides, photos and other publicity
and promotional materials reasonably available to or under the control of Licensor
(“Advertising Materials”), subject to any pre-existing third party contractual
restrictions applicable thereto and of which Licensor informs HERE in writing at
the time of delivery of the Advertising Materials. HERE’S inadvertent or
unintentional failure to comply with any such applicable restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges HERE’S
preference for original color slides and agrees to use best efforts to furnish same
to HERE. To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at Licensor’s sole cost and expense not less than one hundred and
twenty (120) days prior to commencement of the Term, or as early as reasonably and
commercial possible. Licensor shall deliver said Advertising Materials in
accordance with the Delivery Requirements. Licensor understands that the furnishing
of the aforementioned Advertising Materials is a material obligation of this
Agreement and failure to comply with such is grounds for termination of this
Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the purpose of advertising, exploitation and publicity;

(c) The right to advertise, publicize, and promote the exhibition of the
Programs by all means and/or media (including, but not limited to the Internet) in
the Language specified herein;

     (d) The right to create television promotional spots featuring segments (not
to exceed four (4) minutes each) of the Program and the right to engage in
commercial or

					
	 	 	 	 	 
	 
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	 	JUST SAY LOVE

 

 

promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or voice of, and biographical information relating to, anyone who rendered
services in or in connection with the Program, for the purpose of advertising,
publicizing or promoting the Programs or the Telecast Service, but not so as to
constitute a direct endorsement of any product or Telecast Service other than
the Telecast Service referred to in this Agreement, and subject to any
applicable guild and third party contractual restrictions of which Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or unintentional failure to comply with any applicable guild or
third party contractual restrictions shall not constitute a material breach of
this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it
has the right to enter into this Agreement, to grant all rights (including but not
limited to grand rights) granted herein and to perform all of Licensor’s obligations
hereunder and that HERE’S exercise of its rights hereunder, including, without
limitation, the exhibition, promotion, publicity and advertising use of the Program or
any part thereof as provided herein shall not violate the rights of any third party or
cause HERE to have any financial liability whatsoever, except for the License Fee set
forth herein and payment to performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements
thereof, in any manner in any media (but not as a direct endorsement of any product),
including without limitation, clips, photographs and music. HERE shall similarly
indemnify and hold harmless Licensor for any breach of any warranty or representation
of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to the Program under Licensor’s Errors and Omissions and shall
provide HERE with an endorsement to the policy evidencing such coverage prior to the
commencement of principal photography of the Program, Such insurance shall be in an
amount not less than $1 Million/$3 Million, shall be obtained prior to the
commencement of principal photography of the Program with no exclusions from an entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per
claim. Licensor shall cause its carrier to assume primary responsibility
notwithstanding that HERE also may have its own insurance coverage. As a condition to
HERE’S obligations under this Agreement, Licensor shall provide HERE with a copy of
such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in
accordance with the laws of the State of California applicable to contracts entered
into and fully to be performed therein. Licensor hereby consents and submits to the
jurisdiction of the federal and state courts located in the State of California, and
any action or suit under this Agreement may be brought in any federal or state court
with appropriate jurisdiction over the subject matter established or sitting in the
State of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties hereto and their respective successors and permitted assigns.
Licensor may not assign, license or

					
	 	 	 	 	 
	 
	 	4
	 	JUST SAY LOVE

 

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in part, to any
person or entity, provided however that Licensor may assign the right to receive payment hereunder
to any third party. HERE may assign any or all of its rights and obligations under this Agreement
for purposes of distribution of the Program, or in connection with a merger or sale of the assets
of HERE, as long as assignee assumes all of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its sole and
absolute discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof, subject to any notice and cure provisions hereof. Except as expressly provided
herein, Licensor shall not have the right to terminate, revoke, cancel, or rescind this Agreement
for any reason whatsoever prior to the expiration of the Term, unless with the consent of both
parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a waiver of
any preceding or succeeding breach hereof. Notwithstanding any other provision of this Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement shall be
an action at law for damages and Licensor acknowledges that such damages are fully adequate to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall Licensor seek or
be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first written above
and return all copies of the Agreement to HERE for countersignature. A fully executed copy of the
Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours,

HERE NETWORKS L.L.C.

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Its: Executive Vice President 	 	 
	 	 	 	 
	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 
	 	Its: VICE PRESIDENT 	 	 
	 	 	 	 
	 

					
	 	 	 	 	 
	 
	 	5
	 	JUST SAY LOVE

 

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of November 7, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

A. HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the following order and preference of video tape formats: HD CAM,
DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY: other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV) with continuous time code and control track from the
beginning of tape leader to the end. ABSOLUTELY NO FALSE START OF VIDEO OR TIME
CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects
only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color
bars video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds: time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings, disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should start at TC 01:00:00:00; tape #2 should start at TC
02:00:00:00

					
	 	 	 	 	 
	 
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	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate Interlaced;
referenced to 59.94HZ (Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo
music & effects only (Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to
the HD video stream at the 29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Pate of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of
notice to cure the defects and redeliver the master videotape. If Licensor does not
cure, then HERE shall have the option to (i) terminate this Agreement with no
further liability or obligation to Licensor, or (ii) create or cure the defective
elements and charge the cost thereof to Licensor.

B. OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and poster
art; captioned host/star/director head shots all in the highest resolution
available on all of the following formats available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the title and a brief description of the Program’s topic and
content), a complete list of cast and credits, and biographies of key Program
performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each musical composition contained within the Program, the title,
type of use, duration of use and the names of the composer, lyricist, publisher,
copyright proprietor and performing rights society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on diskette
in Word 4.0 format of a statement of credits applicable to the Program setting forth
the names and credit obligations of Licensor with regard to all persons to whom
Licensor is contractually obligated to accord credit on the screen, in any paid
advertising.

					
	 	 	 	 	 
	 
	 	7
	 	JUST SAY LOVE

 

 

Here Networks L.LC.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of November 10, 2008

Regent Worldwide Sales L.L.C.
 on
behalf of Convergent Funding, LLC

10990 Wilshire Boulevard, Suite
1150 
Los Angeles, CA 90024

     Re: MISCONCEPTIONS

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled MISCONCEPTIONS (the “Program”)
for exhibition on Here Networks program services (“Here Networks”). For good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged,
the parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: MISCONCEPTIONS
(running time 95 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English language and available in hi-definition, digi-beta or beta sp video
elements in accordance with the technical specifications of HERE’S standard
delivery schedule attached hereto as Exhibit “A;” and

(b) Shall be completely finished, fully edited and titled, and fully synchronized
with language, dialogue, sound and music, recorded with sound equipment pursuant to
valid licenses, and in all respects ready, and of a technical quality adequate for
general first-class Telecast (as defined below in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the Exhibition Period as set forth in Paragraph 3 hereof (“Term”).
Additionally, prior to expiration of the Term, HERE shall have the option to extend the
Term for an additional five (5) year Exhibition Period, as defined in Paragraph 3 below,
by payment to Licensor of the Extension Fee as defined in subparagraph 8(d) hereof
(“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of four (4) years (“Exhibition Period”) commencing no later than the
earlier of the first Telecast of the Program in the Territory or 6 months from complete
delivery to and acceptance by HERE of all of the Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and Canada and their respective territories and possessions, including
Puerto Rico, Guam and the U.S. Virgin Islands (“Territory”) and military bases,
embassies, ships, aircrafts and carriers flying the flags of the foregoing countries.

					
	 	 	 	 	 
	 
	 	1
	 	MISCONCEPTIONS

 

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast the Program in the languages licensed hereunder on any and all Telecast
Service(s) which is and/or are branded and/or owned in whole or in part and/or operated
now or in the future by here! Networks, or a parent company, division, affiliate,
subsidiary, or licensee thereof in the territory (“Telecast Service”). Such Telecast
Service may be advertiser supported and/or accept and disclose on-air program funding in
the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute, perform and exhibit the Program on the Telecast Service via all forms of
“standard television” and “non-standard television” (“Telecast”). The term “standard
television” means all forms of “free broadcast television.” The term “non-standard
television” means all other forms of “television,” excluding free broadcast television
only. The term “television” includes, without limitation, all means, manner and method of
transmission via over-the-air, satellite, cable, broadband, wireless, Internet protocol,
the Internet (provided access to such transmission is technologically capable of being
limited to the Territory, e.g., conditional access) and transmission to mobile and
handheld devices and any other technology (including, without limitation, cable, free
broadcast, subscription television, pay-per- view, closed circuit and all forms and
variations of video-on-demand, interactive and delayed exhibition), now known or hereafter
devised by which a television signal is or may be delivered (including but not limited to
analog, digital and HDTV). HERE shall have the exclusive right, in the Territory to
promote, market, and advertise the Telecast of the Program on the Telecast Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the foregoing, the parties acknowledge that Licensor may seek third party
licenses during the Term and for the Extended Term, for all or part of the rights granted
hereunder and HERE, at its sole option, shall have the right to relicense such rights to
Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the Territory
during the Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise exhibit in any manner or form whatsoever, the Program in any
language or subtitled version in the Territory during the Term on any form of standard or
non-standard television, including via any transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere of the Program such that the Program shall not have been exhibited or otherwise
exploited in any media whatsoever anywhere in the Territory prior to HERE’S initial
Telecast of the Program on the Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the Program and all elements thereof throughout the world, regardless of location, on any
and all cruise ships, theme parks, hotels, airplanes, resorts and entertainment centers
that are broadcasting any Telecast Services, provided that Telecast of the Program on any
such branded and/or owned services shall be limited to closed circuit television or a
similar form of limited access television exhibition permitting access only within the
particular theme park, resort, entertainment centers, cruise ships, hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and nonstandard television formats and Internet distribution in the
Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard television, including Internet distribution, during the Term.

					
	 	 	 	 	 
	 
	 	2
	 	MISCONCEPTIONS

 

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of US$50,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the
first Telecast of the Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following
the first Telecast of the Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such extension shall be $25,000 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”)
as more fully set forth in Exhibit A, attached hereto and forming a part hereof. Timely
delivery of the Deliverables shall be of the essence of the Agreement. Licensor shall be
responsible for the expense of shipping Deliverables from Licensor to HERE. Distributor
acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including, without limitation, wrapping, formatting and scheduling, creating
promotional interstitial elements, inserting commercials, and conforming with HERE’S
standards and practices,

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with respect to the Program, which rights shall be exclusive to HERE
within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the Program, including without limitation, any clips, music (in context
only unless otherwise specified herein) existing slides, photos and other publicity
and promotional materials reasonably available to or under the control of Licensor
(“Advertising Materials”), subject to any pre-existing third party contractual
restrictions applicable thereto and of which Licensor informs HERE in writing at
the time of delivery of the Advertising Materials. HERE’S inadvertent or
unintentional failure to comply with any such applicable restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges HERE’S
preference for original color slides and agrees to use best efforts to furnish same
to HERE. To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at Licensor’s sole cost and expense not less than one hundred and
twenty (120) days prior to commencement of the Term, or as early as reasonably and
commercial possible. Licensor shall deliver said Advertising Materials in
accordance with the Delivery Requirements. Licensor understands that the furnishing
of the aforementioned Advertising Materials is a material obligation of this
Agreement and failure to comply with such is grounds for termination of this
Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs by all means and/or media (including, but not limited to the internet) in
the Language specified herein;

     (d) The right to create television promotional spots featuring segments (not
to exceed four (4) minutes each) of the Program and the right to engage in
commercial or

					
	 	 	 	 	 
	 
	 	3
	 	MISCONCEPTIONS

 

 

promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or voice of, and biographical information relating to, anyone who rendered
services in or in connection with the Program, for the purpose of advertising,
publicizing or promoting the Programs or the Telecast Service, but not so as to
constitute a direct endorsement of any product or Telecast Service other than
the Telecast Service referred to in this Agreement, and subject to any
applicable guild and third party contractual restrictions of which Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or unintentional failure to comply with any applicable guild or
third party contractual restrictions shall not constitute a material breach of
this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it
has the right to enter into this Agreement, to grant all rights (including but not
limited to grand rights) granted herein and to perform all of Licensor’s obligations
hereunder and that HERE’S exercise of its rights hereunder, including, without
limitation, the exhibition, promotion, publicity and advertising use of the Program or
any part thereof as provided herein shall not violate the rights of any third party or
cause HERE to have any financial liability whatsoever, except for the License Fee set
forth herein and payment to performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements
thereof, in any manner in any media (but not as a direct endorsement of any product),
including without limitation, clips, photographs and music. HERE shall similarly
indemnify and hold harmless Licensor for any breach of any warranty or representation
of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to the Program under Licensor’s Errors and Omissions and shall
provide HERE with an endorsement to the policy evidencing such coverage prior to the
commencement of principal photography of the Program. Such insurance shall be in an
amount not less than $1 Million/$3 Million, shall be obtained prior to the
commencement of principal photography of the Program with no exclusions from an entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per
claim. Licensor shall cause its carrier to assume primary responsibility
notwithstanding that HERE also may have its own insurance coverage. As a condition to
HERE’s obligations under this Agreement, Licensor shall provide HERE with a copy of
such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in
accordance with the laws of the State of California applicable to contracts entered
into and fully to be performed therein. Licensor hereby consents and submits to the
jurisdiction of the federal and state courts located in the State of California, and
any action or suit under this Agreement may be brought in any federal or state court
with appropriate jurisdiction over the subject matter established or sitting in the
State of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties hereto and their respective successors and permitted assigns.
Licensor may not assign, license or

					
	 	 	 	 	 
	 
	 	4
	 	MISCONCEPTIONS

 

 

otherwise transfer its rights and/or obligations under this Agreement, in whole or in part, to any
person or entity, provided however that Licensor may assign the right to receive payment hereunder
to any third party. HERE may assign any or all of its rights and obligations under this Agreement
for purposes of distribution of the Program, or in connection with a merger or sale of the assets
of HERE, as long as assignee assumes all of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its sole and
absolute discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof, subject to any notice and cure provisions hereof. Except as expressly provided
herein, Licensor shall not have the right to terminate, revoke, cancel, or rescind this Agreement
for any reason whatsoever prior to the expiration of the Term, unless with the consent of both
parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a waiver of
any preceding or succeeding breach hereof. Notwithstanding any other provision of this Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement shall be
an action at law for damages and Licensor acknowledges that such damages are fully adequate to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall Licensor seek or
be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first written above
and return all copies of the Agreement to HERE for countersignature. A fully executed copy of the
Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours,

HERE NETWORKS L.L.C.

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Its: EXECUTIVE VICE PRESIDENT 	 	 
	 	 	 
	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 
	 	Its: VICE PRESIDENT 	 	 
	 	 	 	 
	 

					
	 	 	 	 	 
	 
	 	5
	 	MISCONCEPTIONS

 

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of November 10, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

	A.	 	HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the
following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV)
with continuous time code and control track from the beginning of tape leader to the end.
ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at OdB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music &
effects only.
	 
	 	•	 	Programming video and audio levels must be referenced to the
color bars video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code: 00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code: 00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code: 00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code: 00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO NOT include ratings,
disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes, tape #1 program should
start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

					
	 	 	 	 	 
	 
	 	6
	 	MISCONCEPTIONS

 

 

	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate Interlaced; referenced to 59.94HZ
(Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects only
(Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to the HD video stream at the
29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure,
then HERE shall have the option to (i) terminate this Agreement with no further
liability or obligation to Licensor, or (ii) create or cure the defective elements
and charge the cost thereof to Licensor.
	 
	B.	 	OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and poster art; captioned
host/star/director head shots all in the highest resolution available on all of the following formats
available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the Program (including the
title and a brief description of the Program’s topic and content), a complete list of cast and credits,
and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each musical composition contained within the Program, the title,
type of use, duration of use and the names of the composer, lyricist, publisher,
copyright proprietor and performing rights society, if any

	3.	 	Credit Statement: One (1) original typewritten copy with a copy on
diskette in Word 4.0 format of a statement of credits applicable to the Program
setting forth the names and credit obligations of Licensor with regard to all
persons to whom Licensor is contractually obligated to accord credit on the screen,
in any paid advertising.

					
	 	 	 	 	 
	 
	 	7
	 	MISCONCEPTIONS

 

 

Here Networks L.L.C.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of November 11, 2008

Regent Worldwide Sales L.L.C.
 on
behalf of Convergent Funding,
LLC 
10990 Wilshire Boulevard,
Suite 1150 
Los Angeles, CA 90024

	 	 	 	Re: SHAKE HANDS WITH THE DEVIL

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to
HERE NETWORKS L.L.C. (“HERE”) the motion picture entitled SHAKE HANDS WITH THE DEVIL

(the “Program”) for exhibition on Here Networks program services (“Here Networks”). For
good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: SHAKE HANDS
WITH
THE DEVIL (running time 112 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English
language and available in hi-definition. digi-beta or beta sp video elements in
accordance with
the technical specifications of HERE’S standard delivery schedule attached hereto
as Exhibit
“A;” and

(b) Shall be completely finished, fully edited and titled, and fully synchronized
with language,
dialogue, sound and music, recorded with sound equipment pursuant to valid
licenses, and in
all respects ready, and of a technical quality adequate for general first-class
Telecast (as
defined below in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the
Exhibition Period as set forth in Paragraph 3 hereof (“Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of
three (3) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE of
all of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and its
respective territories and possessions, including Puerto Rico. Guam and the U.S. Virgin
Islands
(“Territory”) and military bases, embassies, ships, aircrafts and carriers flying the
flags of the foregoing
countries.

					
	 	 	 	 	 
	 
	 	1
	 	SHAKE HANDS WITH THE DEVIL

 

 

	5.	 	Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast the Program in the languages licensed hereunder on any and all Telecast Service(s)
which is and/or
are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast
Service”). Such Telecast Service may be advertiser supported and/or accept and
disclose on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term “standard television” means all
forms of “free
broadcast television.” The term “non-standard television” means all other forms of
“television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically
capable of being limited
to the Territory, e.g.. conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive and
delayed
exhibition), now known or hereafter devised by which a television signal is or may be
delivered
(including but not limited to analog, digital and HDTV). HERE shall have the
exclusive right, in the
Territory to promote, market, and advertise the Telecast of the Program on the
Telecast Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses during
the Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at
its sole option,
shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the
Territory during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or
otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television,
including via any
transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise
exploited in any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the
Program and all elements thereof throughout the world, regardless of location, on any
and all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or
owned services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment
centers, cruise ships,
hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere in both
standard and
nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard
television, including Internet distribution, during the Term.

					
	 	 	 	 	 
	 
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8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of
US$25,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the
Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the
first Telecast of the
Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following
the first Telecast of the
Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such
extension shall be $12,500 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”)
as more fully set forth in
Exhibit A, attached hereto and forming a part hereof. Timely delivery of the
Deliverables shall be of
the essence of the Agreement. Licensor shall be responsible for the expense of shipping
Deliverables
from Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with
respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only
unless otherwise
specified herein) existing slides, photos and other publicity and
promotional materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto and
of which Licensor
informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby
acknowledges HERE’S
preference for original color slides and agrees to use best efforts to furnish
same to HERE.
To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120)
days prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is
grounds for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the
purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs
by all means and/or media (including, but not limited to the Internet) in the
Language specified
herein;

     (d) The right to create television promotional spots featuring segments (not
to
exceed four (4) minutes each) of the Program and the right to engage in
commercial or

					
	 	 	 	 	 
	 
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promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or
voice of, and biographical information relating to, anyone who rendered
services in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct
endorsement of any
product or Telecast Service other than the Telecast Service referred to in this
Agreement, and
subject to any applicable guild and third party contractual restrictions of
which Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration
within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has
the right to enter
into this Agreement, to grant all rights (including but not limited to grand rights)
granted herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising use of
the Program or
any part thereof as provided herein shall not violate the rights of any third party or
cause HERE to
have any financial liability whatsoever, except for the License Fee set forth herein and
payment to
performing rights societies such as ASCAP and BMI

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements
thereof, in any manner in any media (but not as a direct endorsement of any product),
including without limitation, clips, photographs and music. HERE shall similarly
indemnify and hold harmless Licensor for any breach of any warranty or representation
of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an
endorsement to
the policy evidencing such coverage prior to the commencement of principal photography of
the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million, shall
be obtained
prior to the commencement of principal photography of the Program with no exclusions from
an entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per
claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that
HERE also may
have its own insurance coverage. As a condition to HERE’s obligations under this
Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance
with the laws of
the State of California applicable to contracts entered into and fully to be performed
therein. Licensor
hereby consents and submits to the jurisdiction of the federal and state courts located in
the State of
California, and any action or suit under this Agreement may be brought in any federal or
state court
with appropriate jurisdiction over the subject matter established or sitting in the State
of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties
hereto and their respective successors and permitted assigns. Licensor may not assign,
license or

					
	 	 	 	 	 
	 
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otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party. HERE may assign any or all of its rights
and obligations under this Agreement for purposes of distribution of the Program, or in
connection with a merger or sale of the assets of HERE, as long as assignee assumes all
of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its
sole and absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and
conditions hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein,
Licensor shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever
prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any
preceding or succeeding breach hereof. Notwithstanding any other provision of this
Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement
shall be an
action at law for damages and Licensor acknowledges that such damages are fully adequate
to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall
Licensor seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours,

HERE NETWORKS L.L.C.

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Its:      Executive Vice President 	 	 
	 	 	 	 
	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 
	 	Its: VICE PRESIDENT 	 	 
	 	 	 	 
	 

					
	 	 	 	 	 
	 
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EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of November 11, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”),

PROGRAM DELIVERABLES 

	A.	 	HERE PROGRAM AND
TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the
following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV)
with continuous time code and control track from the beginning of tape leader to the
end.
ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous
control track).
	 
	 	•	 	Color bars: NTSC (analog or
digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects
only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color bars
video level and audio
tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	 Video black (7.5 IRE for analog or 0.0mV for digital) duration; 30 seconds; time code: 00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code: 00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code: 00:59:40:00
	 
	 	•	 	 Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code: 00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO NOT include ratings,
disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes, tape #1 program should
start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

					
	 	 	 	 	 
	 
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	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate Interlaced; referenced to 59.94HZ
(Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects only
(Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to the HD video stream at the
29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective. HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure,
then HERE shall have the option to (I) terminate this Agreement with no further
liability or obligation to Licensor, or (ii) create or cure the defective elements
and charge the cost thereof to Licensor.

	B.	 	OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs
including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and poster art; captioned
host/star/director head shots all in the highest resolution available on all of the following formats
available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the Program (including the
title and a brief description of the Program’s topic and content), a complete list of cast and credits,
and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each
musical composition contained within the Program, the title, type of use, duration of
use and the

names of the composer, lyricist, publisher, copyright proprietor and performing rights
society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on
diskette in Word 4.0 format of a
statement of credits applicable to the Program setting forth the names and credit
obligations of
Licensor with regard to all persons to whom Licensor is contractually obligated to
accord credit on the
screen, in any paid advertising.

					
	 	 	 	 	 
	 
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Here
Networks L.LC.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of November 14. 2008

Regent Worldwide Sales L.L.C. 
on
behalf of Convergent Funding,

LLC 10990 Wilshire Boulevard,

Suite 1150 Los Angeles, CA 90024

	 	 	Re: $9.99

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled
$9.99 (the “Program”) for
exhibition on Here Networks program services (“Here Networks”). For good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged,
the parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: $9.99
(running time 78
minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English language and available in hi-definition, digi-beta or beta sp video
elements in accordance with the technical specifications of
HERE’s standard
delivery schedule attached hereto as Exhibit “A:” and

(b) Shall be completely finished, fully edited and titled, and fully
synchronized with language, dialogue, sound and music, recorded with sound
equipment pursuant to valid licenses, and in all respects ready, and of a
technical quality adequate for general first-class Telecast (as defined below
in paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the
Exhibition Period as set forth in Paragraph 3 hereof (“Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as
defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the
Program during the period of
four (4) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE
of all of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in
the United States and Canada and their respective territories and possessions,
including Puerto Rico, Guam and the U.S. Virgin Islands (“Territory”) and military
bases, embassies, ships, aircrafts and carriers flying the flags of the foregoing
countries.

					
	 	 	 	 	 
	 
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	5.	 	Telecast and Exhibition Rights:

      (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast
the Program in the languages licensed hereunder on any and all Telecast Service(s)
which is and/or
are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast
Service”). Such Telecast Service may be advertiser supported and/or accept and
disclose on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term “standard television” means all
forms of “free
broadcast television.” The term “non-standard
television” means all other forms of
“television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically
capable of being limited
to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive and
delayed
exhibition), now known or hereafter devised by which a television signal is or may be
delivered
(including but not limited to analog, digital and HDTV). HERE shall have the
exclusive right, in the
Territory to promote, market, and advertise the Telecast of the Program on the
Telecast Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses during
the Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at
its sole option,
shall have the right to relicense such rights to Licensor.

      (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the
Territory during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or
otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television,
including via any
transmission of the Program on the Internet.

      (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise
exploited in any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the
Program and all elements thereof throughout the world, regardless of location, on any
and all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or
owned services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment
centers, cruise ships,
hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere in both
standard and
nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard
television, including Internet distribution, during the Term.

					
	 	 	 	 	 
	 
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8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of US$35,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the
Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the
first Telecast of the
Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following
the first Telecast of the
Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such
extension shall be $17,500 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively,
“Deliverables”) as more fully set forth in Exhibit A, attached hereto and forming a
part hereof. Timely delivery of the Deliverables shall be of the essence of the
Agreement. Licensor shall be responsible for the expense of shipping Deliverables from
Licensor to HERE. Distributor acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including,
without limitation, wrapping, formatting and scheduling, creating promotional interstitial
elements,
inserting commercials, and conforming with HERE’S standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with
respect to the Program, which rights shall be exclusive to HERE within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the
Program, including without limitation, any clips, music (in context only
unless otherwise
specified herein) existing slides, photos and other publicity and
promotional materials
reasonably available to or under the control of Licensor (“Advertising
Materials”), subject to
any pre-existing third party contractual restrictions applicable thereto and
of which Licensor
informs HERE in writing at the time of delivery of the Advertising Materials.
HERE’S
inadvertent or unintentional failure to comply with any such applicable
restrictions shall not
constitute a material breach of this Agreement. Licensor hereby
acknowledges HERE’S
preference for original color slides and agrees to use best efforts to furnish
same to HERE.
To the extent reasonably practical, said Advertising Materials shall be
delivered to HERE at
Licensor’s sole cost and expense not less than one hundred and twenty (120)
days prior to
commencement of the Term, or as early as reasonably and commercial possible.
Licensor
shall deliver said Advertising Materials in accordance with the Delivery
Requirements.
Licensor understands that the furnishing of the aforementioned Advertising
Materials is a
material obligation of this Agreement and failure to comply with such is
grounds for
termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the
purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs
by all means and/or media (including, but not limited to the Internet) in the
Language specified
herein;

     (d) The right to create television promotional spots featuring segments (not
to
exceed four (4) minutes each) of the Program and the right to engage in
commercial or

					
	 	 	 	 	 
	 
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promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or
voice of, and biographical information relating to, anyone who rendered
services in or in
connection with the Program, for the purpose of advertising, publicizing or
promoting the
Programs or the Telecast Service, but not so as to constitute a direct
endorsement of any
product or Telecast Service other than the Telecast Service referred to in this
Agreement, and
subject to any applicable guild and third party contractual restrictions of
which Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or
unintentional failure to comply with any applicable guild or third party
contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration
within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has
the right to enter
into this Agreement, to grant all rights (including but not limited to grand rights)
granted herein and to
perform all of Licensor’s obligations hereunder and that HERE’S exercise of its rights
hereunder,
including, without limitation, the exhibition, promotion, publicity and advertising use of
the Program or
any part thereof as provided herein shall not violate the rights of any third party or
cause HERE to
have any financial liability whatsoever, except for the License Fee set forth herein and
payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements
thereof, in any manner in any media (but not as a direct endorsement of any product),
including without limitation, clips, photographs and music. HERE shall similarly
indemnify and hold harmless Licensor for any breach of any warranty or representation
of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to
the Program under Licensor’s Errors and Omissions and shall provide HERE with an
endorsement to
the policy evidencing such coverage prior to the commencement of principal photography of
the
Program. Such insurance shall be in an amount not less than $1 Million/$3 Million, shall
be obtained
prior to the commencement of principal photography of the Program with no exclusions from
an entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per
claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that
HERE also may
have its own insurance coverage. As a condition to HERE’S obligations under this
Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance
with the laws of
the State of California applicable to contracts entered into and fully to be performed
therein. Licensor
hereby consents and submits to the jurisdiction of the federal and state courts located in
the State of
California, and any action or suit under this Agreement may be brought in any federal or
state court
with appropriate jurisdiction over the subject matter established or sitting in the State
of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties
hereto and their respective successors and permitted assigns. Licensor may not assign,
license or

					
	 	 	 	 	 
	 
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otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party. HERE may assign any or all of its rights
and obligations under this Agreement for purposes of distribution of the Program, or
in connection with a merger or sale of the assets of HERE, as long as assignee assumes
all of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its
sole and absolute
discretion if Licensor fails to deliver the Program in accordance with the terms and conditions hereof,
subject to any notice and cure provisions hereof. Except as expressly provided herein, Licensor shall
not have the right to terminate, revoke, cancel, or rescind this Agreement for any reason whatsoever
prior to the expiration of the Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a waiver of any
preceding or succeeding breach hereof. Notwithstanding any other provision of this
Agreement,
Licensor’s sole remedy for breach by HERE of any of its obligations under this Agreement
shall be an
action at law for damages and Licensor acknowledges that such damages are fully adequate
to
compensate Licensor in the case of any breach by HERE hereunder. In no event shall
Licensor seek
or be entitled to rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours,

HERE NETWORKS L.L.C.

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Its:      Executive Vice President 	 	 
	 	 	 	 
	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 
	 	Its: VICE PRESIDENT 	 	 
	 	 	 	 
	 

					
	 	 	 	 	 
	 
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EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of November 14, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

	A.	 	HERE PROGRAM AND
TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the
following order and preference of video tape formats: HD CAM, DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV)
with continuous time code and control track from the beginning of tape leader to the end.
ABSOLUTELY NO FALSE START OF VIDEO OR TIME CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio
tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo
music & effects only.
	 
	 	•	 	Programming video and audio levels must be referenced to
the color bars video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code: 00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code: 00:59:30:00
	 
	 	•	 	 Program slate: Title; episode #; date, duration; duration: 10 seconds; time code: 00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code: 00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO NOT include ratings,
disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes, tape #1 program should
start at TC 01:00:00:00; tape #2 should start at TC 02:00:00:00

					
	 	 	 	 	 
	 
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	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate
Interlaced; referenced to 59.94HZ
(Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects only
(Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to the HD video stream at the
29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR,
DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of
notice to cure the defects and redeliver the master videotape. If Licensor does not
cure, then HERE shall have the option to (i) terminate this Agreement with no
further liability or obligation to Licensor, or (ii) create or cure the defective
elements and charge the cost thereof to Licensor.
	 
	B.	 	OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing,
10990 Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea
Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs
including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and poster art; captioned
host/star/director head shots all in the highest resolution available on all of the following formats
available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the Program (including the
title and a brief description of the Program’s topic and content), a complete
list of cast and credits,
and biographies of key Program performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary
form, setting forth for each
musical composition contained within the Program, the title, type of use, duration
of use and the
names of the composer, lyricist, publisher, copyright proprietor and performing
rights society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on
diskette in Word 4.0 format of a
statement of credits applicable to the Program setting forth the names and credit
obligations of
Licensor with regard to all persons to whom Licensor is contractually obligated to
accord credit on the
screen, in any paid advertising.

					
	 	 	 	 	 
	 
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	 	$9.99

 

 

Here
Networks L.L.C.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of November 14, 2008

Regent
Worldwide Sales L.L.C. 
on
behalf of Convergent Funding,
LLC 
10990 Wilshire Boulevard,
Suite 1150 
Los Angeles, CA 90024

	 	 	Re: LEATHER JACKET LOVE STORY

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to
HERE NETWORKS L.L.C. (“HERE”) the motion picture entitled LEATHER JACKET LOVE STORY
(the “Program”) for exhibition on Here Networks program services (“Here Networks”). For
good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: LEATHER
JACKET
LOVE STORY (running time 85 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English language and available in hi-definition, digi-beta or beta sp video
elements in accordance with the technical specifications of HERE’S standard
delivery schedule attached hereto as Exhibit “A:” and

(b) Shall be completely finished, fully edited and titled, and fully
synchronized with language, dialogue, sound and music, recorded with sound
equipment pursuant to valid licenses, and in all respects ready, and of a
technical quality adequate for general first-class Telecast (as defined below in
paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the
Exhibition Period as set forth in Paragraph 3 hereof (“Term”). Additionally, prior to
expiration of the
Term, HERE shall have the option to extend the Term for an additional five (5) year
Exhibition Period,
as defined in Paragraph 3 below, by payment to Licensor of the Extension Fee as defined in
subparagraph 8(d) hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of
four (4) years (“Exhibition Period”) commencing no later than the earlier of the first
Telecast of the
Program in the Territory or 6 months from complete delivery to and acceptance by HERE of
all of the
Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and
Canada and their respective territories and possessions, including Puerto Rico, Guam and
the U.S.
Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts and carriers
flying the flags
of the foregoing countries.

					
	 	 	 	 	 
	 
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	 	LEATHER JACKET LOVE STORY

 

 

	5.	 	Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast
the Program in the languages licensed hereunder on any and all Telecast Service(s)
which is and/or
are branded and/or owned in whole or in part and/or operated now or in the future by
here! Networks,
or a parent company, division, affiliate, subsidiary, or licensee thereof in the
territory (“Telecast
Service”). Such Telecast Service may be advertiser supported and/or accept and
disclose on-air
program funding in the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute,
perform and exhibit the Program on the Telecast Service via all forms of “standard
television” and
“non-standard television” (“Telecast”). The term “standard television” means all
forms of “free
broadcast television.’ The term “non-standard television” means all other forms of
“television,”
excluding free broadcast television only. The term “television” includes, without
limitation, all means,
manner and method of transmission via over-the-air, satellite, cable, broadband,
wireless, Internet
protocol, the Internet (provided access to such transmission is technologically
capable of being limited
to the Territory, e.g., conditional access) and transmission to mobile and handheld
devices and any
other technology (including, without limitation, cable, free broadcast, subscription
television, pay-per-view, closed circuit and all forms and variations of video-on-demand, interactive
and delayed
exhibition), now known or hereafter devised by which a television signal is or may be
delivered
(including but not limited to analog, digital and HDTV). HERE shall have the
exclusive right, in the
Territory to promote, market, and advertise the Telecast of the Program on the
Telecast Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the
foregoing, the parties acknowledge that Licensor may seek third party licenses during
the Term and
for the Extended Term, for all or part of the rights granted hereunder and HERE, at
its sole option,
shall have the right to relicense such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the
Territory during the
Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or
otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise
exhibit in any manner or form whatsoever, the Program in any language or subtitled
version in the
Territory during the Term on any form of standard or non-standard television,
including via any
transmission of the Program on the Internet.

      (e) HERE shall have the exclusive right in the Territory for the original television
premiere
of the Program such that the Program shall not have been exhibited or otherwise
exploited in any
media whatsoever anywhere in the Territory prior to HERE’S initial Telecast of the
Program on the
Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the
Program and all elements thereof throughout the world, regardless of location, on any
and all cruise
ships, theme parks, hotels, airplanes, resorts and entertainment centers that are
broadcasting any
Telecast Services, provided that Telecast of the Program on any such branded and/or
owned services
shall be limited to closed circuit television or a similar form of limited access
television exhibition
permitting access only within the particular theme park, resort, entertainment
centers, cruise ships,
hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and
nonstandard television formats and Internet distribution in the Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard
television, including Internet distribution, during the Term.

					
	 	 	 	 	 
	 
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	 	LEATHER JACKET LOVE STORY

 

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of US$25,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the
first Telecast of the Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following
the first Telecast of the Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such extension shall be $12,500 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”)
as more fully set forth in Exhibit A, attached hereto and forming a part hereof. Timely
delivery of the Deliverables shall be of the essence of the Agreement. Licensor shall be
responsible for the expense of shipping Deliverables from Licensor to HERE. Distributor
acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including, without limitation, wrapping, formatting and scheduling, creating
promotional interstitial elements, inserting commercials, and conforming with HERE’S
standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with respect to the Program, which rights shall be exclusive to HERE
within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other elements
of the Program, including without limitation, any clips, music (in context only
unless otherwise specified herein) existing slides, photos and other publicity
and promotional materials reasonably available to or under the control of Licensor
(“Advertising Materials”), subject to any pre-existing third party contractual
restrictions applicable thereto and of which Licensor informs HERE in writing at the
time of delivery of the Advertising Materials. HERE’S inadvertent or
unintentional failure to comply with any such applicable restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S preference for original color slides and agrees to use best efforts to
furnish same to HERE. To the extent reasonably practical, said Advertising Materials
shall be delivered to HERE at Licensor’s sole cost and expense not less than one
hundred and twenty (120) days prior to commencement of the Term, or as early as
reasonably and commercial possible. Licensor shall deliver said Advertising
Materials in accordance with the Delivery Requirements. Licensor understands that
the furnishing of the aforementioned Advertising Materials is a material obligation
of this Agreement and failure to comply with such is grounds for termination of this
Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs by all means and/or media (including, but not limited to the Internet) in
the Language specified herein;

     (d) The right to create television promotional spots featuring segments (not to
exceed four (4) minutes each) of the Program and the right to engage in commercial
or

					
	 	 	 	 	 
	 
	 	3
	 	LEATHER JACKET LOVE STORY

 

 

promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or voice of, and biographical information relating to, anyone who rendered
services in or in connection with the Program, for the purpose of advertising,
publicizing or promoting the Programs or the Telecast Service, but not so as to
constitute a direct endorsement of any product or Telecast Service other than the
Telecast Service referred to in this Agreement, and subject to any applicable guild
and third party contractual restrictions of which Licensor notifies HERE in advance
in writing. Notwithstanding the foregoing, HERE’S inadvertent or unintentional
failure to comply with any applicable guild or third party contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has
the right to enter into this Agreement, to grant all rights (including but not limited to
grand rights) granted herein and to perform all of Licensor’s obligations hereunder and
that HERE’S exercise of its rights hereunder, including, without limitation, the
exhibition, promotion, publicity and advertising use of the Program or any part thereof as
provided herein shall not violate the rights of any third party or cause HERE to have any
financial liability whatsoever, except for the License Fee set forth herein and payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements thereof,
in any manner in any media (but not as a direct endorsement of any product), including
without limitation, clips, photographs and music. HERE shall similarly indemnify and
hold harmless Licensor for any breach of any warranty or representation of HERE
hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to the Program under Licensor’s Errors and Omissions and shall
provide HERE with an endorsement to the policy evidencing such coverage prior to the
commencement of principal photography of the Program. Such insurance shall be in an
amount not less than $1 Million/$3 Million, shall be obtained prior to the commencement of
principal photography of the Program with no exclusions from an entity reasonably approved
by HERE and shall have a deductible of no greater than $25,000 per claim. Licensor shall
cause its carrier to assume primary responsibility notwithstanding that HERE also may have
its own insurance coverage. As a condition to HERE’S obligations under this Agreement,
Licensor shall provide HERE with a copy of such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance
with the laws of the State of California applicable to contracts entered into and fully to
be performed therein. Licensor hereby consents and submits to the jurisdiction of the
federal and state courts located in the State of California, and any action or suit under
this Agreement may be brought in any federal or state court with appropriate jurisdiction
over the subject matter established or sitting in the State of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties hereto and their respective successors and permitted assigns.
Licensor may not assign, license or

					
	 	 	 	 	 
	 
	 	4
	 	LEATHER JACKET LOVE STORY

 

 

otherwise transfer its rights and/or obligations under this Agreement, in whole
or in part, to any person or entity, provided however that Licensor may assign the
right to receive payment hereunder to any third party. HERE may assign any or all of
its rights and obligations under this Agreement for purposes of distribution of the
Program, or in connection with a merger or sale of the assets of HERE, as long as
assignee assumes all of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this Agreement in its
sole and absolute discretion if Licensor fails to deliver the Program in accordance with
the terms and conditions hereof, subject to any notice and cure provisions hereof. Except
as expressly provided herein, Licensor shall not have the right to terminate, revoke,
cancel, or rescind this Agreement for any reason whatsoever prior to the expiration of the
Term, unless with the consent of both parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any preceding or succeeding breach hereof. Notwithstanding any other
provision of this Agreement, Licensor’s sole remedy for breach by HERE of any of its
obligations under this Agreement shall be an action at law for damages and Licensor
acknowledges that such damages are fully adequate to compensate Licensor in the case of
any breach by HERE hereunder. In no event shall Licensor seek or be entitled to
rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours,

HERE NETWORKS L.L.C.

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Its: Executive Vice President 	 	 
	 	 	 	 

	 	 	 	 	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 
	 	Its: VICE PRESIDENT  	 	 
	 	 	 	 
	 

					
	 	 	 	 	 
	 
	 	5
	 	LEATHER JACKET LOVE STORY

 

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of November 14, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

A. HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the following order and preference of video tape formats: HD CAM,
DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV) with continuous time code and control track from the
beginning of tape leader to the end. ABSOLUTELY NO FALSE START OF VIDEO OR TIME
CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects
only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color bars
video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code; 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00.
DO NOT include ratings, disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should start at TC 01:00:00:00; tape #2 should start at TC
02:00:00:00

					
	 	 	 	 	 
	 
	 	6
	 	LEATHER JACKET LOVE STORY

 

 

	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate
Interlaced; referenced to 59.94HZ (Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4:
stereo music & effects only (Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to
the HD video stream at the 29.97 frame rate.
	 
	 	•	 	HP Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure,
then HERE shall have the option to (i) terminate this Agreement with no further
liability or obligation to Licensor, or (ii) create or cure the defective elements
and charge the cost thereof to Licensor.

B. OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and
poster art; captioned host/star/director head shots all in the highest resolution
available on all of the following formats available; diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the title and a brief description of the Program’s topic and
content), a complete list of cast and credits, and biographies of key Program
performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each musical composition contained within the Program, the title,
type of use, duration of use and the names of the composer, lyricist, publisher,
copyright proprietor and performing rights society, if any
	 
	3.	 	Credit Statement: One (1) original typewritten copy with a copy on
diskette in Word 4.0 format of a statement of credits applicable to the Program
setting forth the names and credit obligations of Licensor with regard to all persons
to whom Licensor is contractually obligated to accord credit on the screen, in any
paid advertising.

					
	 	 	 	 	 
	 
	 	7
	 	LEATHER JACKET LOVE STORY

 

 

Here Networks L.LC.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax: 310-806-4268

As of November 18, 2008

Regent Worldwide Sales L.LC. 

on behalf of Convergent Funding,

LLC 10990 Wilshire Boulevard,

Suite 1150 Los Angeles, CA 90024

     Re: BLACK RAIN

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled
BLACK RAIN (the “Program”) for
exhibition on Here Networks program services (“Here Networks”). For good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: BLACK RAIN
(running time 90 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English language and available in hi-definition, digi-beta or beta sp video
elements in accordance with the technical specifications of
HERE’s standard
delivery schedule attached hereto as Exhibit “A;” and

(b) Shall be completely finished, fully edited and titled, and fully
synchronized with language, dialogue, sound and music, recorded with sound
equipment pursuant to valid licenses, and in all respects ready, and of a
technical quality adequate for general first-class Telecast (as defined below in
paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the Exhibition Period as set forth in Paragraph 3
hereof (“Term”).
Additionally, prior to expiration of the Term, HERE shall have the option to extend the
Term for an additional five (5) year Exhibition Period, as defined in Paragraph 3 below,
by payment to Licensor of the Extension Fee as defined in subparagraph 8(d) hereof
(“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the Program
during the period of four (4) years (“Exhibition Period”) commencing no later than the
earlier of the first Telecast of the Program in the Territory or 6 months from complete
delivery to and acceptance by HERE of all of the Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in the
United States and its respective territories and possessions, including Puerto Rico, Guam
and the U.S. Virgin Islands (“Territory”) and military bases, embassies, ships, aircrafts
and carriers flying the flags of the foregoing countries.

					
	 	 	 	 	 
	 
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	 	BLACK RAIN

 

 

5. Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast the Program in the languages licensed hereunder on any and all Telecast
Service(s) which is and/or are branded and/or owned in whole or in part and/or operated
now or in the future by here! Networks, or a parent company, division, affiliate,
subsidiary, or licensee thereof in the territory (“Telecast Service”). Such Telecast
Service may be advertiser supported and/or accept and disclose on-air program funding in
the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute, perform and exhibit the Program on the Telecast Service via all forms of
“standard television” and “non-standard television” (“Telecast”). The term “standard
television” means all forms of “free broadcast television.” The term “non-standard
television” means all other forms of “television,” excluding free broadcast television
only. The term “television” includes, without limitation, all means, manner and method of
transmission via over-the-air, satellite, cable, broadband, wireless, Internet protocol,
the Internet (provided access to such transmission is technologically capable of being
limited to the Territory, e.g., conditional access) and transmission to mobile and
handheld devices and any other technology (including, without limitation, cable, free
broadcast, subscription television, pay-per-view, closed circuit and all forms and
variations of video-on-demand, interactive and delayed exhibition), now known or hereafter
devised by which a television signal is or may be delivered (including but not limited to
analog, digital and HDTV). HERE shall have the exclusive right, in the Territory to
promote, market, and advertise the Telecast of the Program on the Telecast Service in all
forms of television and other media, including without limitation the Internet.
Notwithstanding the foregoing, the parties acknowledge that Licensor may seek third party
licenses during the Term and for the Extended Term, for all or part of the rights granted
hereunder and HERE, at its sole option, shall have the right to relicense such rights to
Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the Territory
during the Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise exhibit in any manner or form whatsoever, the Program in any
language or subtitled version in the Territory during the Term on any form of standard or
non-standard television, including via any transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere of the Program such that the Program shall not have been exhibited or otherwise
exploited in any media whatsoever anywhere in the Territory prior to HERE’S initial
Telecast of the Program on the Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the Program and all elements thereof throughout the world, regardless of location, on any
and all cruise ships, theme parks, hotels, airplanes, resorts and entertainment centers
that are broadcasting any Telecast Services, provided that Telecast of the Program on any
such branded and/or owned services shall be limited to closed circuit television or a
similar form of limited access television exhibition permitting access only within the
particular theme park, resort, entertainment centers, cruise ships, hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and nonstandard television formats and Internet distribution in the
Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard television, including Internet distribution, during the Term.

					
	 	 	 	 	 
	 
	 	2
	 	BLACK RAIN

 

 

8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for
the Program of US$50,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the
first Telecast of the Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following
the first Telecast of the Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such extension shall be $25,000 (“Extension Fee”).

9.
Delivery: Licensor shall deliver the materials (collectively, “Deliverables”)
as more fully set forth in Exhibit A, attached hereto and forming a part hereof. Timely
delivery of the Deliverables shall be of the essence of the Agreement. Licensor shall be
responsible for the expense of shipping Deliverables from Licensor to HERE. Distributor
acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including, without limitation, wrapping, formatting and scheduling, creating
promotional interstitial elements, inserting commercials, and conforming with HERE’S
standards and practices,

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with respect to the Program, which rights shall be exclusive to HERE
within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other
elements of the Program, including without limitation, any clips, music (in context
only unless otherwise specified herein) existing slides, photos and other
publicity and promotional materials reasonably available to or under the control
of Licensor (“Advertising Materials”), subject to any pre-existing third party
contractual restrictions applicable thereto and of which Licensor informs HERE in
writing at the time of delivery of the Advertising Materials. HERE’S inadvertent
or unintentional failure to comply with any such applicable restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S preference for original color slides and agrees to use best efforts to
furnish same to HERE. To the extent reasonably practical, said Advertising
Materials shall be delivered to HERE at Licensor’s sole cost and expense not less
than one hundred and twenty (120) days prior to commencement of the Term, or as
early as reasonably and commercial possible. Licensor shall deliver said
Advertising Materials in accordance with the Delivery Requirements. Licensor
understands that the furnishing of the aforementioned Advertising Materials is a
material obligation of this Agreement and failure to comply with such is grounds
for termination of this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs by all means and/or media (including, but not limited to the Internet) in
the Language specified herein;

     (d) The right to create television promotional spots featuring segments (not
to exceed four (4) minutes each) of the Program and the right to engage in
commercial or

					
	 	 	 	 	 
	 
	 	3
	 	BLACK RAIN

 

 

promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or voice of, and biographical information relating to, anyone who rendered
services in or in connection with the Program, for the purpose of advertising,
publicizing or promoting the Programs or the Telecast Service, but not so as to
constitute a direct endorsement of any product or Telecast Service other than
the Telecast Service referred to in this Agreement, and subject to any
applicable guild and third party contractual restrictions of which Licensor
notifies HERE in advance in writing. Notwithstanding the foregoing, HERE’S
inadvertent or unintentional failure to comply with any applicable guild or
third party contractual restrictions shall not constitute a material breach of
this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it
has the right to enter into this Agreement, to grant all rights (including but not
limited to grand rights) granted herein and to perform all of Licensor’s obligations
hereunder and that HERE’S exercise of its rights hereunder, including, without
limitation, the exhibition, promotion, publicity and advertising use of the Program or
any part thereof as provided herein shall not violate the rights of any third party or
cause HERE to have any financial liability whatsoever, except for the License Fee set
forth herein and payment to performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel
fees, relating to the Program or arising from exhibition of the Program by HERE or
the Here Networks program services, any breach of any warranty or representation made
by Licensor herein, or any promotional use by HERE of the Program or any elements
thereof, in any manner in any media (but not as a direct endorsement of any product),
including without limitation, clips, photographs and music. HERE shall similarly
indemnify and hold harmless Licensor for any breach of any warranty or representation
of HERE hereunder.

13.E&O
Insurance: Licensor shall cause HERE to be named as an additional insured
with respect to the Program under Licensor’s Errors and Omissions and shall provide
HERE with an endorsement to the policy evidencing such coverage prior to the
commencement of principal photography of the Program. Such insurance shall be in an
amount not less than $1 Million/$3 Million, shall be obtained prior to the
commencement of principal photography of the Program with no exclusions from an entity
reasonably approved by HERE and shall have a deductible of no greater than $25,000 per
claim. Licensor shall cause its carrier to assume primary responsibility
notwithstanding that HERE also may have its own insurance coverage. As a condition to
HERE’s obligations under this Agreement, Licensor shall provide HERE with a copy of
such Errors and Omissions policy.

14. Choice of Law: This Agreement shall be governed and construed in
accordance with the laws of the State of California applicable to contracts entered
into and fully to be performed therein. Licensor hereby consents and submits to the
jurisdiction of the federal and state courts located in the State of California, and
any action or suit under this Agreement may be brought in any federal or state court
with appropriate jurisdiction over the subject matter established or sitting in the
State of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties hereto and their respective successors and permitted assigns.
Licensor may not assign, license or

					
	 	 	 	 	 
	 
	 	4
	 	BLACK RAIN

 

 

otherwise transfer its rights and/or obligations under this Agreement, in whole
or in part, to any person or entity, provided however that Licensor may assign the
right to receive payment hereunder to any third party, HERE may assign any or all of
its rights and obligations under this Agreement for purposes of distribution of the
Program, or in connection with a merger or sale of the assets of HERE, as long as
assignee assumes all of the obligations hereunder.

16.Termination: HERE shall have the right to terminate this Agreement in its sole
and absolute discretion if Licensor fails to deliver the Program in accordance with
the terms and conditions hereof, subject to any notice and cure provisions hereof.
Except as expressly provided herein, Licensor shall not have the right to terminate,
revoke, cancel, or rescind this Agreement for any reason whatsoever prior to the
expiration of the Term, unless with the consent of both parties in writing.

17.Remedies: No waiver by either party of any breach hereof shall be deemed
a waiver of any preceding or succeeding breach hereof. Notwithstanding any other
provision of this Agreement, Licensor’s sole remedy for breach by HERE of any of its
obligations under this Agreement shall be an action at law for damages and Licensor
acknowledges that such damages are fully adequate to compensate Licensor in the case
of any breach by HERE hereunder. In no event shall Licensor seek or be entitled to
rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours,

HERE NETWORKS L.L.C.

 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Its: Executive Vice President 	 	 
	 	 	 	 

	 	 	 	 	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 	 
	By:  	/s/ Paul A. Colichman
 	 	 
	 	Its: VICE PRESIDENT  	 	 
	 	 	 	 
	 

					
	 	 	 	 	 
	 
	 	5
	 	BLACK RAIN

 

 

EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of November 18, 2008,

between Here Networks LL.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

A. HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the following order and preference of video tape formats: HD CAM,
DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV) with continuous time code and control track from the
beginning of tape leader to the end. ABSOLUTELY NO FALSE START OF VIDEO OR TIME
CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC (continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)

	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music & effects
only.
	 
	 	•	 	Programming video and audio levels must be referenced to the color bars
video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00
	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings, disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should start at TC 01:00:00:00; tape #2 should start at TC
02:00:00:00

					
	 	 	 	 	 
	 
	 	6
	 	BLACK RAIN

 

 

	6.	 	HD videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate
Interlaced; referenced to 59.94HZ (Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4:
stereo music & effects only (Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to
the HD video stream at the 29.97 frame rate.
	 
	 	•	 	HD Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Dolby A, Dolby SR, DBX, etc.), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of
notice to cure the defects and redeliver the master videotape. If Licensor does not
cure, then HERE shall have the option to (i) terminate this Agreement with no
further liability or obligation to Licensor, or (ii) create or cure the defective
elements and charge the cost thereof to Licensor.

B. OTHER DELIVERABLES

All other
Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and
poster art; captioned host/star/director head shots all in the highest resolution
available on all of the following formats available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the title and a brief description of the Program’s topic and
content), a complete list of cast and credits, and biographies of key Program
performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each musical composition contained within the Program, the title,
type of use, duration of use and the names of the composer, lyricist, publisher,
copyright proprietor and performing rights society, if any

	3.	 	Credit Statement: One (1) original typewritten copy with a copy on diskette
in Word 4.0 format of a statement of credits applicable to the Program setting forth
the names and credit obligations of Licensor with regard to all persons to whom
Licensor is contractually obligated to accord credit on the screen, in any paid
advertising.

					
	 	 	 	 	 
	 
	 	7
	 	BLACK RAIN

 

 

Here
Networks L.L.C.

10990 Wilshire Boulevard, Penthouse

Los Angeles, CA 90024

Phone: 310-806-4288

Fax:310-806-4268

As of
November 19, 2008

Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC

10990 Wilshire Boulevard. Suite 1150

Los Angeles, CA 90024

     Re: DEATH AMONG FRIENDS

Ladies & Gentlemen:

This will acknowledge and confirm the terms pursuant to which REGENT WORLDWIDE SALES
L.L.C. on behalf of CONVERGENT FUNDING, LLC (“Licensor”) has agreed to license to HERE
NETWORKS L.L.C. (“HERE”) the motion picture entitled DEATH AMONG FRIENDS (the
“Program”) for exhibition on Here Networks program services (“Here Networks”). For
good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties have agreed to the following:

1. Program(s): “Program(s)” means the motion picture(s) currently entitled: DEATH
AMONG FRIENDS (running time 90 minutes inclusive of main and end titles).

(a) The Program shall be produced, recorded (not dubbed) and delivered in the
English language and available in hi-definition, digi-beta or beta sp video
elements in accordance with the technical specifications of
HERE’s standard
delivery schedule attached hereto as Exhibit “A;” and

(b) Shall be completely finished, fully edited and titled, and fully
synchronized with language, dialogue, sound and music, recorded with sound
equipment pursuant to valid licenses, and in all respects ready, and of a
technical quality adequate for general first-class Telecast (as defined below in
paragraph 5(b) in the Territory.

2. Term: The term of this agreement shall commence on the date hereof and continue
throughout the Exhibition Period as set forth in Paragraph 3
hereof (“Term”).
Additionally, prior to expiration of the Term, HERE shall have the option to extend
the Term for an additional five (5) year Exhibition Period, as defined in Paragraph 3
below, by payment to Licensor of the Extension Fee as defined in subparagraph 8(d)
hereof (“Extended Term”).

3. Exhibition Period: HERE shall have unlimited exhibition rights in the
Program during the period of four (4) years (“Exhibition Period”) commencing no later
than the earlier of the first Telecast of the Program in the Territory or 6 months from
complete delivery to and acceptance by HERE of all of the Programs.

4. Territory: HERE shall have the exclusive right to telecast the Program in
the United States and its respective territories and possessions, including Puerto
Rico, Guam and the U.S. Virgin Islands (“Territory”) and military bases, embassies,
ships, aircrafts and carriers flying the flags of the foregoing countries.

					
	 	 	 	 	 
	 
	 	1
	 	DEATH AMONG FRIENDS

 

 

	5.	 	Telecast and Exhibition Rights:

     (a) During the Term and throughout the Territory, HERE shall have the right to
Telecast the Program in the languages licensed hereunder on any and all Telecast
Service(s) which is and/or are branded and/or owned in whole or in part and/or operated
now or in the future by here! Networks, or a parent company, division, affiliate,
subsidiary, or licensee thereof in the territory (“Telecast Service”). Such Telecast
Service may be advertiser supported and/or accept and disclose on-air program funding in
the form of underwriting.

     (b) HERE shall have the exclusive irrevocable right in the Territory to transmit,
distribute, perform and exhibit the Program on the Telecast Service via all forms of
“standard television” and “non-standard television” (“Telecast”). The term “standard
television” means all forms of “free broadcast television.” The term “non-standard
television” means all other forms of “television,” excluding free broadcast television
only. The term “television” includes, without limitation, all means, manner and method of
transmission via over-the-air, satellite, cable, broadband, wireless, Internet protocol,
the Internet (provided access to such transmission is technologically capable of being
limited to the Territory, e.g., conditional access) and transmission to mobile and
handheld devices and any other technology (including, without limitation, cable, free
broadcast, subscription television, pay-per-view, closed circuit and all forms and
variations of video-on-demand, interactive and delayed exhibition), now known or
hereafter devised by which a television signal is or may be delivered (including but not
limited to analog, digital and HDTV). HERE shall have the exclusive right, in the
Territory to promote, market, and advertise the Telecast of the Program on the Telecast
Service in all forms of television and other media, including without limitation the
Internet. Notwithstanding the foregoing, the parties acknowledge that Licensor may seek
third party licenses during the Term and for the Extended Term, for all or part of the
rights granted hereunder and HERE, at its sole option, shall have the right to relicense
such rights to Licensor.

     (c) HERE shall have an unlimited number of Telecasts of the Program, on an unlimited
number of exhibition days, on each and every Telecast Service throughout the Territory
during the Term thereof.

     (d) The license granted herein is exclusive such that Licensor agrees not to Telecast
or otherwise exhibit, or authorize, cause, or permit any other person or entity to
Telecast or otherwise exhibit in any manner or form whatsoever, the Program in any
language or subtitled version in the Territory during the Term on any form of standard or
non-standard television, including via any transmission of the Program on the Internet.

     (e) HERE shall have the exclusive right in the Territory for the original television
premiere of the Program such that the Program shall not have been exhibited or otherwise
exploited in any media whatsoever anywhere in the Territory prior to HERE’S initial
Telecast of the Program on the Telecast Service.

     (f) Licensor irrevocably grants to HERE the exclusive, worldwide right to Telecast
the Program and all elements thereof throughout the world, regardless of location, on any
and all cruise ships, theme parks, hotels, airplanes, resorts and entertainment centers
that are broadcasting any Telecast Services, provided that Telecast of the Program on any
such branded and/or owned services shall be limited to closed circuit television or a
similar form of limited access television exhibition permitting access only within the
particular theme park, resort, entertainment centers, cruise ships, hotels and airplanes.

6. Premiere: HERE’S initial exhibition of the Programs will constitute a premiere
in both standard and nonstandard television formats and Internet distribution in the
Territory.

7. Exclusivity: The Program shall be exclusive to HERE in the Territory in
standard and nonstandard television, including Internet distribution, during the Term.

					
	 	 	 	 	 
	 
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8. License Fee: HERE shall pay Licensor a license fee (“License Fee”) for the
Program of US$50,000.00, which shall be payable as follows:

(a) 20% on the 15th day of the month following the first Telecast of the
Program in the Territory; and

(b) 40% on the 15th day of the month twelve (12) months following the
first Telecast of the Program in the Territory; and

(c) 40% on the 15th day of the month twenty-four (24) months following
the first Telecast of the Program in the Territory; and

(d) In the event the Term is extended pursuant to Paragraph 2 above, the fee for
such extension shall be $25,000 (“Extension Fee”).

9. Delivery: Licensor shall deliver the materials (collectively, “Deliverables”)
as more fully set forth in Exhibit A, attached hereto and forming a part hereof. Timely
delivery of the Deliverables shall be of the essence of the Agreement. Licensor shall be
responsible for the expense of shipping Deliverables from Licensor to HERE. Distributor
acknowledges that Delivery is complete.

10. Editing & Narrating: HERE shall have the right to edit the Program for all
purposes, including, without limitation, wrapping, formatting and scheduling, creating
promotional interstitial elements, inserting commercials, and conforming with HERE’S
standards and practices.

11. Advertising and Promotion Materials: Licensor hereby grants to HERE the
following rights with respect to the Program, which rights shall be exclusive to HERE
within the Territory:

     (a) The right to use, disseminate, reproduce, print and publish, without the
payment of any additional compensation, any and all audio, visual and other elements
of the Program, including without limitation, any clips, music (in context only
unless otherwise specified herein) existing slides, photos and other publicity
and promotional materials reasonably available to or under the control of Licensor
(“Advertising Materials”), subject to any pre-existing third party contractual
restrictions applicable thereto and of which Licensor informs HERE in writing at the
time of delivery of the Advertising Materials. HERE’S inadvertent or
unintentional failure to comply with any such applicable restrictions shall not
constitute a material breach of this Agreement. Licensor hereby acknowledges
HERE’S preference for original color slides and agrees to use best efforts to
furnish same to HERE. To the extent reasonably practical, said Advertising Materials
shall be delivered to HERE at Licensor’s sole cost and expense not less than one
hundred and twenty (120) days prior to commencement of the Term, or as early as
reasonably and commercial possible. Licensor shall deliver said Advertising
Materials in accordance with the Delivery Requirements. Licensor understands that
the furnishing of the aforementioned Advertising Materials is a material obligation
of this Agreement and failure to comply with such is grounds for termination of
this Agreement;

     (b) The right to create and use written summaries, extracts, and synopses for
the purpose of advertising, exploitation and publicity;

     (c) The right to advertise, publicize, and promote the exhibition of the
Programs by all means and/or media (including, but not limited to the Internet) in
the Language specified herein;

     (d) The right to create television promotional spots featuring segments (not to
exceed four (4) minutes each) of the Program and the right to engage in commercial
or

					
	 
	 
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promotional tie-ins with sponsors of the Program or the Telecast Service,
subject to any restrictions or obligations contained in the talent agreements
and notified by Licensor to HERE in writing in advance;

     (e) The right to use and authorize third parties to use the name, likeness
and/or voice of, and biographical information relating to, anyone who rendered
services in or in connection with the Program, for the purpose of advertising,
publicizing or promoting the Programs or the Telecast Service, but not so as to
constitute a direct endorsement of any product or Telecast Service other than the
Telecast Service referred to in this Agreement, and subject to any applicable guild
and third party contractual restrictions of which Licensor notifies HERE in advance
in writing. Notwithstanding the foregoing, HERE’S inadvertent or unintentional
failure to comply with any applicable guild or third party contractual restrictions
shall not constitute a material breach of this Agreement; and

     (f) The right to submit the Program or portions thereof for awards
consideration within the Territory.

Immediately upon signature of this Agreement, Licensor shall furnish HERE with all
available promotional materials as set forth in Exhibit A. Timely delivery of all
available promotional materials is of the essence of the Agreement.

12. Warranties and Indemnification: Licensor warrants and represents that it has
the right to enter into this Agreement, to grant all rights (including but not limited to
grand rights) granted herein and to perform all of Licensor’s obligations hereunder and
that HERE’S exercise of its rights hereunder, including, without limitation, the
exhibition, promotion, publicity and advertising use of the Program or any part thereof as
provided herein shall not violate the rights of any third party or cause HERE to have any
financial liability whatsoever, except for the License Fee set forth herein and payment to
performing rights societies such as ASCAP and BMI.

Licensor shall indemnify and hold harmless HERE from and against any claims, damages,
costs, liabilities and expenses, including but not limited to reasonable counsel fees,
relating to the Program or arising from exhibition of the Program by HERE or the Here
Networks program services, any breach of any warranty or representation made by
Licensor herein, or any promotional use by HERE of the Program or any elements
thereof, in any manner in any media (but not as a direct endorsement of any product),
including without limitation, clips, photographs and music. HERE shall similarly
indemnify and hold harmless Licensor for any breach of any warranty or representation
of HERE hereunder.

13. E&O Insurance: Licensor shall cause HERE to be named as an additional
insured with respect to the Program under Licensor’s Errors and Omissions and shall
provide HERE with an endorsement to the policy evidencing such coverage prior to the
commencement of principal photography of the Program. Such insurance shall be in an
amount not less than $1 Million/$3 Million, shall be obtained prior to the commencement
of principal photography of the Program with no exclusions from an entity reasonably
approved by HERE and shall have a deductible of no greater than $25,000 per claim.
Licensor shall cause its carrier to assume primary responsibility notwithstanding that
HERE also may have its own insurance coverage. As a condition to
HERE’s obligations under
this Agreement, Licensor shall provide HERE with a copy of such Errors and Omissions
policy.

14. Choice of Law: This Agreement shall be governed and construed in accordance
with the laws of the State of California applicable to contracts entered into and fully to
be performed therein. Licensor hereby consents and submits to the jurisdiction of the
federal and state courts located in the State of California, and any action or suit under
this Agreement may be brought in any federal or state court with appropriate jurisdiction
over the subject matter established or sitting in the State of California.

15. Assignment: This Agreement will be binding upon and will inure to the
benefit of the parties hereto and their respective successors and permitted assigns.
Licensor may not assign, license or

					
	 	 	 	 	 
	 
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otherwise transfer its rights and/or obligations under this Agreement, in whole or in
part, to any person or entity, provided however that Licensor may assign the right to
receive payment hereunder to any third party. HERE may assign any or all of its rights
and obligations under this Agreement for purposes of distribution of the Program, or
in connection with a merger or sale of the assets of HERE, as long as assignee assumes
all of the obligations hereunder.

16. Termination: HERE shall have the right to terminate this
Agreement in its sole and absolute discretion if Licensor fails to deliver the Program
in accordance with the terms and conditions hereof, subject to any notice and cure
provisions hereof. Except as expressly provided herein, Licensor shall not have the
right to terminate, revoke, cancel, or rescind this Agreement for any reason
whatsoever prior to the expiration of the Term, unless with the consent of both
parties in writing.

17. Remedies: No waiver by either party of any breach hereof shall be deemed a
waiver of any preceding or succeeding breach hereof. Notwithstanding any other
provision of this Agreement, Licensor’s sole remedy for breach by HERE of any of its
obligations under this Agreement shall be an action at law for damages and Licensor
acknowledges that such damages are fully adequate to compensate Licensor in the case
of any breach by HERE hereunder. In no event shall Licensor seek or be entitled to
rescission, injunctive or other equitable relief.

Please sign below to indicate your acceptance of the foregoing as of the date first
written above and return all copies of the Agreement to HERE for countersignature. A
fully executed copy of the Agreement will be sent to you thereafter.

	 	 	 	 	 
	Very truly yours,

HERE NETWORKS L.L.C.

 	 
	By:  	/s/ Mark Reinhart
 	 
	 	Its: Executive Vice President	 
	 
	AGREED AND ACCEPTED:

REGENT WORLDWIDE SALES L.L.C.

on behalf of CONVERGENT FUNDING, LLC

 	 
	By:  	/s/ Paul A. Colichman
 	 
	 	Its: VICE PRESIDENT 	 
	 

					
	 	 	 	 	 
	 
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EXHIBIT A

DELIVERY SCHEDULE

Attached to and forming a part of the Agreement dated as of November 19, 2008,

between Here Networks L.L.C. (“HERE”) and Regent Worldwide Sales L.L.C.

on behalf of Convergent Funding, LLC (“Licensor”).

PROGRAM DELIVERABLES 

	A.	 	HERE PROGRAM AND TRAILER VIDEOTAPE SPECIFICATIONS

LICENSOR shall deliver to HERE on separate masters the (i) Programs and (ii) trailer and
any promotion spots of the Program.

All on-air program suppliers and production vendors are required to comply with the
following technical specifications. NO EXCEPTIONS.

All videotapes shall be delivered: Here Networks Director of Operations, c/o Andrita
Studios, Inc., 3030 Andrita Street, Los Angeles, CA 90065, Attn: John Mongiardo.

	1.	 	Videotape formats: All programs should be delivered on the best quality
master available in the following order and preference of video tape formats: HD CAM,
DigiBeta, or Beta SP
	 
	2.	 	Program length vs. videotape length:

	 	•	 	30-minute program = 34 minutes tape
	 
	 	•	 	60-minute program = 64 minutes tape
	 
	 	•	 	90-minute program = 94 minutes tape
	 
	 	•	 	120-minute program = 124 minutes tape

	3.	 	Videotape brands: SONY; other brands require prior approval
	 
	4.	 	Air master or sub-master tapes must conform with the following:

	 	•	 	Air master programs: Recorded on a black & coded tape (video black
analog 7.5 IRE; digital 0.0mV) with continuous time code and control track from the
beginning of tape leader to the end. ABSOLUTELY NO FALSE START OF VIDEO OR TIME
CODE AT THE BEGINNING.
	 
	 	•	 	Time code type: LTC drop frame DFTC
(continuous control track).
	 
	 	•	 	Color bars: NTSC (analog or digital)
	 
	 	•	 	Audio Tone: 2 or 4 channels 1 KHz at 0dB analog or digital embedded audio tone.
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4: stereo music &
effects only.
	 
	 	•	 	Programming video and audio levels must be referenced to the
color bars video level and audio tone level; if not, master will be rejected.

	5.	 	Videotape leader must conform with the following:

	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 30 seconds; time code:
00:58:00:00

	 
	 	•	 	Color bars duration: 60 seconds; time code: 00:58:30:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds;
time code: 00:59:30:00
	 
	 	•	 	Program slate: Title; episode #; date, duration; duration: 10 seconds; time code:
00:59:40:00
	 
	 	•	 	Video black (7.5 IRE for analog or 0.0mV for digital) duration: 10 seconds; time code:
00:59:50:00
	 
	 	•	 	Program video: Actual programming starts at time code 01:00:00:00. DO
NOT include ratings, disclaimers or FBI warnings.
	 
	 	•	 	Two-tape programs: One tape is preferred, but if program is on 2 tapes,
tape #1 program should start at TC 01:00:00:00: tape #2 should start at TC
02:00:00:00

					
	 	 	 	 	 
	 
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	6.	 	HP videotape technical standard:

	 	•	 	Resolution shall be 1920x1080 pixels 29.97-frame rate
Interlaced; referenced to 59.94HZ (Aka1080i)
	 
	 	•	 	Audio channels: Channel 1& 2 complete stereo mix; Channel 3&4:
stereo music & effects only (Dolby 5.1 channels is not accepted at this time)
	 
	 	•	 	Time code: Continuous drop-frame time code locked and referenced to
the HD video stream at the 29.97 frame rate.
	 
	 	•	 	HP Color Bars

	7.	 	Videotape container label required information:

	 	•	 	Type of recording (master, backup, dub, etc.)
	 
	 	•	 	Production agency
	 
	 	•	 	Production center
	 
	 	•	 	Program title
	 
	 	•	 	Episode title and number, if applicable
	 
	 	•	 	Program length
	 
	 	•	 	Recording standards (e.g., high band, color, etc.)
	 
	 	•	 	Audio track information (e.g., mono, stereo, etc.)
	 
	 	•	 	Audio noise reduction information (e.g., Polby A, Dolby SR, DBX, etc), if applicable
	 
	 	•	 	Date of production
	 
	 	•	 	Beta format videotape of all principal music themes.

	8.	 	Here technical inspection and acceptance: HERE shall have up to forty-five (45) days
from delivery to
inspect the videotape master for compliance with the foregoing technical
specifications. If the master does not meet the technical specifications or is
otherwise defective, HERE shall give notice to Licensor, including a list of any
defective elements. Licensor shall have ten (10) business days from receipt of notice
to cure the defects and redeliver the master videotape. If Licensor does not cure,
then HERE shall have the option to (i) terminate this Agreement with no further
liability or obligation to Licensor, or (ii) create or cure the defective elements
and charge the cost thereof to Licensor.

B. OTHER DELIVERABLES

All other Deliverables should be delivered to: here! TV, Director of Marketing, 10990
Wilshire Blvd, Penthouse, Los Angeles, California, 310-806-4298, Attn: Andrea Krauss

	1.	 	Promotional materials: All available advertising and promotional print
materials relate to the Programs including:

	 	•	 	Ad slicks, slides, press announcements, on-air promos and trailers (if available).
	 
	 	•	 	Color production stills with captions, texted and textless key art and
poster art; captioned host/star/director head shots all in the highest resolution
available on all of the following formats available: diskette and transparencies.
	 
	 	•	 	On diskette and hard copy Program logos, a synopsis and description of the
Program (including the title and a brief description of the Program’s topic and
content), a complete list of cast and credits, and biographies of key Program
performers and host, if any
	 
	 	•	 	Trailer and promotional spots in all digitized versions available in all formats created (if
available).

	2.	 	Complete music cue sheet and licenses for the Program: In customary form,
setting forth for each musical composition contained within the Program, the title,
type of use, duration of use and the names of the composer, lyricist, publisher,
copyright proprietor and performing rights society, if any

	3.	 	Credit Statement: One (1) original typewritten copy with a copy on
diskette in Word 4.0 format of a statement of credits applicable to
the Program
setting forth the names and credit obligations of Licensor with regard to all persons
to whom Licensor is contractually obligated to accord credit on the screen, in any
paid advertising.

					
	 	 	 	 	 
	 
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Exhibit 10.5

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of October 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse
Los Angeles, CA 90024

RE: “$9.99”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “$9.99” (the
“Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be December 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $115,500 which shall be paid in the
following manner:

	 	(a)	 	10% (US$11,550) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$11,550) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$11,550) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$23,100) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$57,750) payable no later than two (2) months after the Theatrical
Release Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM
as a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is
an independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the American
Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of competent jurisdiction. Signature of legal representatives of REM
and Client shall constitute
this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

Accepted and agreed to:

	 	 	 	 	 
	 	 	 
	By:  	/s/ Paul Colichman
 	 	 
	 	Paul Colichman 	 	 
	 	Regent Entertainment Media Inc. 	 	 
	 

Date                                         

	 	 	 	 	 
	 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Mark Reinhart 	 	 
	 	Regent Releasing L.L.C. 	 	 
	 

Date                                         

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of September 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

RE:    “Antarctica”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Antarctica”
(the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be November 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $183,105 which shall be paid in the
following manner:

	 	(a)	 	10% (US$18,310.50) payable no later than two (2) months prior to the
Theatrical Release Date of the Film.
	 
	 	(b)	 	10% (US$18,310.50) payable no later than one (1) month prior to the
Theatrical Release Date of the Film.
	 
	 	(c)	 	10% (US$18,310.50) payable upon Theatrical Release Date of the Film.

1

 

	 	(d)	 	20% (US$36,621) payable no later than one (1) month after the Theatrical
Release Date of the Film.
	 
	 	(e)	 	50% (US$91,552.50) payable no later than two (2) months after the Theatrical
Release Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any

2

 

known claim by any third party, and Client’s use of the Material as contemplated by this Agreement
will not knowingly violate or infringe upon the rights of any third party.

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

3

 

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the
breach thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the
American Arbitration Association, and judgment upon the award rendered by the arbitrator(s) may be
entered in any court of competent jurisdiction. Signature of legal representatives of REM and
Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

Accepted and agreed to:

	 	 	 	 	 
	 	 	 
	By:  	/s/ Paul Colichman
 	 	 
	 	Paul Colichman  	 	 
	 	Regent Entertainment Media Inc. 	 	 
	 

Date                                         

	 	 	 	 	 
	 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Mark Reinhart  	 	 
	 	Regent Releasing L.L.C. 	 	 
	 

Date                                         

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of October 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

RE:    “Art of Being Straight”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Art of Being
Straight” (the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be December 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $171,000 which shall be paid in the
following manner:

	 	(a)	 	10% (US$17,100) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$17,100) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$17,100) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$34,200) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$85,500) payable no later than two (2) months after the Theatrical
Release Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM
as a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is
an independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the
breach thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the
American Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of competent jurisdiction. Signature of legal
representatives of REM and Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

Accepted and agreed to:

	 	 	 	 	 
	 	 	 
	By:  	/s/ Paul Colichman
 	 	 
	 	Paul Colichman 	 	 
	 	Regent Entertainment Media Inc. 	 	 
	 

Date                                         

	 	 	 	 	 
	 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Mark Reinhart 	 	 
	 	Regent Releasing L.L.C. 	 	 
	 

Date                                         

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of October 01, 2008

Mr. Mark Reinhart 
Regent
Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

			
	RE:	 	“Black Rain”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Black Rain”
(the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be December 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $161,895 which shall be paid in the
following manner:

	 	(a)	 	10% (US$16,189.50) payable no later than two (2) months prior to the Theatrical
	 
	 	 	 	Release Date of the Film.
	 
	 	(b)	 	10% (US$16,189.50) payable no later than one (1) month prior to the
Theatrical Release Date of the Film.
	 
	 	(c)	 	10% (US$16,189.50) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$32,379) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$80,947.50) payable no later than two (2) months after the Theatrical
Release Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM
as a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is
an independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the American
Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrators) may be entered in any court of competent jurisdiction. Signature of legal
representatives of REM and Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

Accepted and agreed to:

	 	 	 	 	 
	 	 	 
	By:  	/s/ Paul Colichman
 	 	 
	 	Paul Colichman  	 	 
	 	Regent Entertainment Media Inc. 	 	 
	 

Date                                         

	 	 	 	 	 
	 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Mark Reinhart  	 	 
	 	Regent Releasing L.L.C. 	 	 
	 

Date                                         

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of August 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

			
	RE:	 	“Blue Tooth Virgin”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing LLC. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Blue Tooth
Virgin” (the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be October 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $91,500 which shall be paid in the
following manner:

	 	(a)	 	10% (US$9,150) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$9,150) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$9,150) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$18,300) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$45,750) payable no later than two (2) months after the Theatrical
Release Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior
written approval of the incurrence of such expense. Each reimbursable expense should have back-up
receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM
whom require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the American
Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of competent jurisdiction. Signature of legal
representatives of REM and Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

	 	 	 	 	 
	Accepted and agreed to:

 	 	 
	By:  	/s/ Paul Colichman
 	 	 
	 	Paul Colichman 	 	 
	 	Regent Entertainment Media Inc. 	 	 
	 

Date                     
                 

	 	 	 	 	 
	 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Mark Reinhart 	 	 
	 	Regent Releasing L.L.C. 	 	 
	 

Date                     
                 

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of August 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

			
	RE:	 	“Breakfast With Scot”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Breakfast With
Scot” (the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be October 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $142,215 which shall be paid in the
following manner:

	 	(a)	 	10% (US$14,221.50) payable no later than two (2) months prior to the
Theatrical Release Date of the Film.
	 
	 	(b)	 	10% (US$14,221.50) payable no later than one (1) month prior to the
Theatrical Release Date of the Film.
	 
	 	(c)	 	10% (US$14,221.50) payable upon Theatrical Release Date of the Film.

1

 

	 	(d)	 	20% (US$28,443) payable no later than one (1) month after the Theatrical Release
Date of the Film.
	 
	 	(e)	 	50% (US$71,107.50) payable no later than two (2) months after the Theatrical
Release Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any

2

 

known claim by any third party, and Client’s use of the Material as contemplated by this Agreement
will not knowingly violate or infringe upon the rights of any third party.

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

3

 

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the
breach thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the
American Arbitration Association, and judgment upon the award rendered by the arbitrator(s) may be
entered in any court of competent jurisdiction. Signature of legal representatives of REM and
Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

	 	 	 	 	 
	Accepted and agreed to:

 	 	 
	By:  	/s/ Paul Colichman
 	 	 
	 	Paul Colichman 	 	 
	 	Regent Entertainment Media Inc. 	 	 
	 

Date                     
                 

	 	 	 	 	 
	 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Mark Reinhart 	 	 
	 	Regent Releasing L.L.C. 	 	 
	 

Date                     
                 

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of September 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

RE: “Brotherhood V”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Brotherhood V”
(the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be November 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $151,500 which shall be paid in the
following manner:

	 	(a)	 	10% (US$15,150) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$15,150) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$15,150) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$30,300) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$75,750) payable no later than two (2) months after the Theatrical Release
Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the American
Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of competent jurisdiction. Signature of legal
representatives of REM and Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

	 	 	 	 	 
	Accepted and agreed to:

 	 	 
	By:  	/s/ Paul Colichman
 	 	 
	 	Paul Colichman 	 	 
	 	Regent Entertainment Media Inc. 	 	 

Date                     

	 	 	 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Mark Reinhart 	 	 
	 	Regent Releasing L.L.C. 	 	 

Date                     

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of October 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

RE: “Brotherhood VI”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing LLC. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Brotherhood
VI” (the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be December 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $178,500 which shall be paid in the
following manner:

	 	(a)	 	10% (US$17,850) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$17,850) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$17,850) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$35,700) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$89,250) payable no later than two (2) months after the Theatrical Release
Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM
as a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is
an independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the American
Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of competent jurisdiction. Signature of legal
representatives of REM and Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

	 	 	 	 	 
	Accepted and agreed to:

 	 	 
	By:  	/s/ Paul Colichman
 	 	 
	 	Paul Colichman 	 	 
	 	Regent Entertainment Media Inc. 	 	 

Date                     

	 	 	 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Mark Reinhart 	 	 
	 	Regent Releasing L.L.C. 	 	 

Date                     

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of September 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

RE:    “Ciao”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Ciao” (the
“Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be November 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $162,525 which shall be paid in the
following manner:

	 	(a)	 	10% (US$16,252.50) payable no later than two (2) months prior to the
Theatrical Release Date of the Film.
	 
	 	(b)	 	10% (US$16,252.50) payable no later than one (1) month prior to the
Theatrical Release Date of the Film.
	 
	 	(c)	 	10% (US$16,252.50) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$32,505) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$81,262.50) payable no later than two (2) months after the Theatrical
Release Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM
as a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is
an independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the American
Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of competent jurisdiction. Signature of legal
representatives of REM and Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

	 	 	 	 	 
	Accepted and agreed to:

 	 	 
	By:  	/s/ Paul Colichman
 	 	 
	 	Paul Colichman 	 	 
	 	Regent Entertainment Media Inc. 	 	 

Date                     

	 	 	 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Mark Reinhart 	 	 
	 	Regent Releasing L.L.C. 	 	 

Date                     

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of October 01, 2008

Mr. Mark Reinhart 

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

RE:     “Death Among Friends”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.LC. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Death Among
Friends” (the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be December 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $178,500 which shall be paid in the
following manner:

	 	(a)	 	10% (US$17,850) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$17,850) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$17,850) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$35,700) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$89,250) payable no later than two (2) months after the Theatrical
Release Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the American
Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of competent jurisdiction. Signature of legal
representatives of REM and Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

Accepted and agreed to:

	 	 	 	 	 
	By:

	 	/s/ Paul Colichman
	 	 
	 

	 	 	 	 
	 

	 	Paul Colichman	 	 
	 

	 	Regent Entertainment Media Inc.	 	 
	 
	 	 	 	 
	Date _______________	 	 
	 
	 	 	 	 
	By:

	 	/s/ Mark Reinhart	 	 
	 

	 	 	 	 
	 

	 	Mark Reinhart	 	 
	 

	 	Regent Releasing L.L.C.	 	 
	 
	 	 	 	 
	Date _______________	 	 

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of October 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

RE:     “Dream Boy”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.LC. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Dream Boy”
(the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be December 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $159,000 which shall be paid in the
following manner:

	 	(a)	 	10% (US$15,900) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$15,900) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$15,900) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$31,800) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$79,500) payable no later than two (2) months after the Theatrical
Release Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street
teams, transportation, and all other customary disbursements associated with the Services. Client
shall have no obligation to reimburse REM for any expense greater than $500 or for any travel
expense, unless an authorized employee of Client has given prior written approval of the incurrence
of such expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the American
Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of competent jurisdiction. Signature of legal
representatives of REM and Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

Accepted and agreed to:

	 	 	 	 	 
	By:

	 	/s/ Paul Colichman
	 	 
	 

	 	 	 	 
	 

	 	Paul Colichman	 	 
	 

	 	Regent Entertainment Media Inc.	 	 
	 
	 	 	 	 
	Date _______________	 	 
	 
	 	 	 	 
	By:

	 	/s/ Mark Reinhart	 	 
	 

	 	 	 	 
	 

	 	Mark Reinhart	 	 
	 

	 	Regent Releasing L.L.C.	 	 
	 
	 	 	 	 
	Date _______________	 	 

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of September 01, 2008

Mr. Mark Reinhart

Regent Releasing LLC.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

RE:     “Eichmann”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Eichmann” (the
“Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be November 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $141,000 which shall be paid in the
following manner:

	 	(a)	 	10% (US$14,100) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$14,100) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$14,100) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$28,200) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$70,500) payable no later than two (2) months after the Theatrical
Release Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the American
Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of competent jurisdiction. Signature of legal
representatives of REM and Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

Accepted and agreed to:

	 	 	 	 	 
	By:

	 	/s/ Paul Colichman
	 	 
	 

	 	 	 	 
	 

	 	Paul Colichman	 	 
	 

	 	Regent Entertainment Media Inc.	 	 
	 
	 	 	 	 
	Date _______________	 	 
	 
	 	 	 	 
	By:

	 	/s/ Mark Reinhart	 	 
	 

	 	 	 	 
	 

	 	Mark Reinhart	 	 
	 

	 	Regent Releasing L.L.C.	 	 
	 
	 	 	 	 
	Date _______________	 	 

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of August 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

RE:     “Eleven Minutes”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.LC. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Eleven
Minutes” (the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be October 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $111,900 which shall be paid in the
following manner:

	 	(a)	 	10% (US$11,190) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$11,190) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$11,190) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$22,380) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$55,950) payable no later than two (2) months after the Theatrical Release
Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the American
Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of competent jurisdiction. Signature of legal
representatives of REM and Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

Accepted and agreed to:

	 	 	 	 	 
	By:

	 	/s/ Paul Colichman
	 	 
	 

	 	 	 	 
	 

	 	Paul Colichman	 	 
	 

	 	Regent Entertainment Media Inc.	 	 
	 
	 	 	 	 
	Date _______________	 	 
	 
	 	 	 	 
	By:

	 	/s/ Mark Reinhart	 	 
	 

	 	 	 	 
	 

	 	Mark Reinhart	 	 
	 

	 	Regent Releasing L.L.C.	 	 
	 
	 	 	 	 
	Date _______________	 	 

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of August 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

RE:     “Everything You Wanted To Know”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.LC. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Everything You
Wanted To Know” (the “Picture”) which shall be released theatrically by the Company in North
America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be October 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $140,640 which shall be paid in the
following manner:

	 	(a)	 	10% (US$14,064) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$14,064) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$14,064) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$28,128) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$70,320) payable no later than two (2) months after the Theatrical
Release Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the American
Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of competent jurisdiction. Signature of legal
representatives of REM and Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

Accepted and agreed to:

	 	 	 	 	 
	By:

	 	/s/ Paul Colichman
	 	 
	 

	 	 	 	 
	 

	 	Paul Colichman	 	 
	 

	 	Regent Entertainment Media Inc.	 	 
	 
	 	 	 	 
	Date _______________	 	 
	 
	 	 	 	 
	By:

	 	/s/ Mark Reinhart	 	 
	 

	 	 	 	 
	 

	 	Mark Reinhart	 	 
	 

	 	Regent Releasing L.L.C.	 	 
	 
	 	 	 	 
	Date _______________	 	 

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of August 01, 2008

Mr. Mark Reinhart Regent

Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

RE:    “Fall Of Hyperion”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Fall Of
Hyperion” (the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be October 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $130,500 which shall be paid in the
following manner:

	 	(a)	 	10% (US$13,050) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$13,050) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$13,050) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$26,100) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$56,880) payable no later than two (2) months after the Theatrical
Release Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies,
postage, envelopes, express mail, labels, photography or photographic reproduction,
printing, messengers, long distance telephone and fax charges, travel and
travel-related expenses, street teams, transportation, and all other customary
disbursements associated with the Services. Client shall have no obligation to
reimburse REM for any expense greater than $500 or for any travel expense, unless an
authorized employee of Client has given prior written approval of the incurrence of
such expense. Each reimbursable expense should have back-up receipts and/or
documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the American
Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered
in any court of competent jurisdiction. Signature of legal representatives of REM and Client shall
constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

	 	 	 	 	 
	Accepted and agreed to:

 	 	 
	By:  	/s/ Paul Colichman
 	 	 	 
	 	Paul Colichman 	 	 
	 	Regent Entertainment Media Inc. 	 	 
	 

Date                     

	 	 	 	 	 
	 	 	 
	By:  	/s/ Mark Reinhart
 	 	 	 
	 	Mark Reinhart 	 	 
	 	Regent Releasing L.L.C. 	 	 
	 

Date                     

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of August 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

RE:    “Fashion Victim” (a/k/a Murder in Fashion)

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.LC. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Fashion
Victim” (a/k/a Murder in Fashion) (the “Picture”) which shall be released theatrically by the
Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be October 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $113,760 which shall be paid in the
following manner:

	 	(a)	 	10% (US$11,376) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$11,376) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$11,376) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$22,752) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$56,880) payable no later than two (2) months after the Theatrical
Release Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the American
Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered
in any court of competent jurisdiction. Signature of legal representatives of REM and Client shall
constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

	 	 	 	 	 
	Accepted and agreed to:

 	 	 
	By:  	/s/ Paul Colichman
 	 	 	 
	 	Paul Colichman 	 	 
	 	Regent Entertainment Media Inc. 	 	 
	 

Date                                    

	 	 	 	 	 
	 	 	 
	By:  	/s/ Mark Reinhart
 	 	 	 
	 	Mark Reinhart 	 	 
	 	Regent Releasing L.L.C. 	 	 
	 

Date                                    

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of August 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

RE:    “Heat Wave”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Heat Wave”
(the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be October 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $134,895 which shall be paid in the
following manner:

	 	(a)	 	10% (US$13,489.50) payable no later than two (2) months prior to the
Theatrical Release Date of the Film.
	 
	 	(b)	 	10% (US$13,489.50) payable no later than one (1) month prior to the
Theatrical Release Date of the Film.
	 
	 	(c)	 	10% (US$13,489.50) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$26,979) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$67,447.50) payable no later than two (2) months after the Theatrical
Release Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive properly of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES:
Any controversy or claim arising out of or relating to this Agreement, or the
breach thereof, shall be settled by arbitration in accordance with th Arbitraton Rules of the
American Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be
entered in any court of competent jurisdiction. Signature of legal representatives of REM and
Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

	 	 	 	 	 
	Accepted and agreed to:

 	 	 
	By:  	/s/ Paul Colichman
 	 	 	 
	 	Paul Colichman 	 	 
	 	Regent Entertainment Media Inc. 	 	 
	 

Date                     

	 	 	 	 	 
	 	 	 
	By:  	/s/ Mark Reinhart
 	 	 	 
	 	Mark Reinhart 	 	 
	 	Regent Releasing L.L.C. 	 	 
	 

Date                     

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th
Floor 
Los Angeles, CA 90024

As of August 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

RE:    “I Can’t Think Straight’’

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “I Can’t Think
Straight” (the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be November 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $142,050 which shall be paid in the
following manner:

	 	(a)	 	10% (US$14,205) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$14,205) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$14,205) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$28,410) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$71,025) payable no later than two (2) months after the Theatrical
Release Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the
breach thereof, shall be settled by arbitration in accordance with th Arbitraton Rules of the
American Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be
entered in any court of competent jurisdiction. Signature of legal representatives of REM and
Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

	 	 	 	 	 
	Accepted and agreed to:

 	 	 
	By:  	/s/ Paul Colichman
 	 	 	 
	 	Paul Colichman 	 	 
	 	Regent Entertainment Media Inc. 	 	 
	 

Date                      

	 	 	 	 	 
	 	 	 
	By:  	/s/ Mark Reinhart
 	 	 	 
	 	Mark Reinhart 	 	 
	 	Regent Releasing L.L.C. 	 	 
	 

Date                     

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of August 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

RE:    “Ice Blues”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Ice Blues”
(the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be October 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $141,195 which shall be paid in the
following manner:

	 	(a)	 	10% (US$14,119.50) payable no later than two (2) months prior to the
Theatrical Release Date of the Film.
	 
	 	(b)	 	10% (US$14,119.50) payable no later than one (1) month prior to the
Theatrical Release Date of the Film.
	 
	 	(c)	 	10% (US$14,119.50) payable upon Theatrical Release Date of the Film.

1

 

	 	(d)	 	20% (US$28,239) payable no later than one (1) month after the Theatrical
Release Date of the Film.
	 
	 	(e)	 	50% (US$70,597.50) payable no later than two (2) months after the Theatrical
Release Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any

2

 

known claim by any third party, and Client’s use of the Material as contemplated by this Agreement
will not knowingly violate or infringe upon the rights of any third party.

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

3

 

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the
breach thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the
American Arbitration Association, and judgment upon the award rendered by the arbitrator(s) may be
entered in any court of competent jurisdiction. Signature of legal representatives of REM and
Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

	 	 	 	 	 
	Accepted and agreed to:

 	 	 
	By:  	/s/ Paul Colichman
 	 	 	 
	 	Paul Colichman 	 	 
	 	Regent Entertainment Media Inc. 	 	 
	 

Date                     

	 	 	 	 	 
	 	 	 
	By:  	/s/ Mark Reinhart
 	 	 	 
	 	Mark Reinhart 	 	 
	 	Regent Releasing L.L.C. 	 	 
	 

Date                     

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of September 01, 2008

Mr. Mark Reinhart 
Regent
Releasing L.L.C. 
10990 Wilshire
Boulevard 
Penthouse

Los Angeles, CA 90024

	RE:  	 	“Invisible Chronicles”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Invisible
Chronicles” (the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be November 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $140,640 which shall be paid in the
following manner:

	 	(a)	 	10% (US$14,064) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$14,064) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$14,064) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$28,128) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$70,320) payable no later than two (2) months after the Theatrical Release
Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM
as a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is
an independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the American
Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of competent jurisdiction. Signature of legal
representatives of REM and Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

Accepted and agreed to:

	 	 	 	 	 
	 	 	 
	By:  	/s/ Paul Colichman
 	 	 
	 	Paul Colichman 	 	 
	 	Regent Entertainment Media Inc. 	 	 
	 

Date __________________

	 	 	 	 	 
	 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Mark Reinhart  	 	 
	 	Regent Releasing L.L.C. 	 	 
	 

Date __________________

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of October 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

	RE:  	 	“Just Say Love”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Just Say Love”
(the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be December 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $114,000 which shall be paid in the
following manner:

	 	(a)	 	10% (US$11,400) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$11,400) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$11,400) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$22,800) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$57,000) payable no later than two (2) months after the Theatrical Release
Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;

	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;

	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and

	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the American
Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of competent jurisdiction. Signature of legal
representatives of REM and Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

Accepted and agreed to:

	 	 	 	 	 
	 	 	 
	By:  	/s/ Paul Colichman
 	 	 
	 	Paul Colichman 	 	 
	 	Regent Entertainment Media Inc. 	 	 
	 

Date __________________

	 	 	 	 	 
	 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Mark Reinhart 	 	 
	 	Regent Releasing L.L.C. 	 	 
	 

Date __________________

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of October 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

	RE:  	 	“Leather Jacket Love Story”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Leather Jacket
Love Story” (the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be December 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $103,500 which shall be paid in the
following manner:

	 	(a)	 	10% (US$10,350) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$10,350) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$10,350) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$20,700) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$51,750) payable no later than two (2) months after the Theatrical Release
Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;

	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;

	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and

	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the American
Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of competent jurisdiction. Signature of legal
representatives of REM and Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

Accepted and agreed to:

	 	 	 	 	 
	 	 	 
	By:  	/s/ Paul Colichman
 	 	 
	 	Paul Colichman 	 	 
	 	Regent Entertainment Media Inc. 	 	 
	 

Date __________________

	 	 	 	 	 
	 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Mark Reinhart 	 	 
	 	Regent Releasing L.L.C. 	 	 
	 

Date __________________

4

 

Regent Entertainment Media Inc. 

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of September 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

	RE:  	 	“Little Ashes”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Little Ashes”
(the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be November 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $79,410 which shall be paid in the
following manner:

	 	(a)	 	10% (US$7,941) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$7,941) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$7,941) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$15,882) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$39,705) payable no later than two (2) months after the Theatrical
Release Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;

	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;

	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and

	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the American
Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of competent jurisdiction. Signature of legal
representatives of REM and Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

Accepted and agreed to:

	 	 	 	 	 
	 	 	 
	By:  	/s/ Paul Colichman
 	 	 
	 	Paul Colichman  	 	 
	 	Regent Entertainment Media Inc. 	 	 
	 

Date __________________

	 	 	 	 	 
	 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Mark Reinhart 	 	 
	 	Regent Releasing L.L.C. 	 	 
	 

Date __________________

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of October 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

	RE:  	 	“The Magician”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “The Magician”
(the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be December 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $133,500 which shall be paid in the
following manner:

	 	(a)	 	10% (US$13,350) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$13,350) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$13,350) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$26,700) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$66,750) payable no later than two (2) months after the Theatrical Release
Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;

	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;

	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and

	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the American
Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of competent jurisdiction. Signature of legal
representatives of REM and Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

Accepted and agreed to:

	 	 	 	 	 
	 	 	 
	By:  	/s/ Paul Colichman
 	 	 
	 	Paul Colichman 	 	 
	 	Regent Entertainment Media Inc. 	 	 
	 

Date __________________

	 	 	 	 	 
	 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Mark Reinhart 	 	 
	 	Regent Releasing L.L.C. 	 
	 

Date __________________

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th
Floor
 Los Angeles, CA 90024

As of September 01, 2008

Mr. Mark Reinhart

Regent Releasing L.LC.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

			
	RE:	 	“Manuela Y Manuel”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Manuela Y
Manuel” (the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be November 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $114,000 which shall be paid in the
following manner:

	 	(a)	 	10% (US$11,400) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$11,400) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$11,400) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$22,800) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$57,000) payable no later than two (2) months after the Theatrical Release
Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;

	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;

	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and

	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy
or claim arising out of or relating to this Agreement, or the breach thereof, shall be
settled by arbitration in accordance with the Arbitration Rules of the American
Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of
competent jurisdiction. Signature of legal representatives of REM and Client shall constitute this
as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

Accepted and agreed to:

	 	 	 	 	 
	By:  	  /s/ Paul Colichman
 	 	 
	 	Paul Colichman 	 	 
	 	Regent Entertainment Media Inc. 	 	 

Date                                         

	 	 	 	 	 
	 
	By:  	  /s/ Mark Reinhart
 	 	 
	 	Mark Reinhart 	 	 
	 	Regent Releasing L.L.C. 	 	 

Date                                         

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of October 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

			
	RE:	 	“My Gay Christian Baby” f/k/a Misconceptions

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “My Gay
Christian Baby” f/k/a/ Misconceptions (the “Picture”) which shall be released theatrically by the
Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be December 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $166,500 which shall be paid in the
following manner:

	 	(a)	 	10% (US$16,650) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$16,650) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$16,650) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$33,300) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$83,250) payable no later than two (2) months after the Theatrical Release
Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;

	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;

	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and

	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy
or claim arising out of or relating to this Agreement, or the breach thereof, shall
be settled by arbitration in accordance with the Arbitration Rules of the American Arbitration
Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of
competent jurisdiction. Signature of legal representatives of REM and Client shall constitute this
as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

Accepted and agreed to:

	 	 	 	 	 
	By:  	  /s/ Paul Colichman
 	 	 
	 	Paul Colichman 	 	 
	 	Regent Entertainment Media Inc. 	 	 

Date                                         

	 	 	 	 	 
	 
	By:  	  /s/ Mark Reinhart
 	 	 
	 	Mark Reinhart 	 	 
	 	Regent Releasing L.L.C. 	 	 

Date                                         

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of October 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

			
	RE:	 	“Edgar Allan Poe’s The Pit And The Pendulum”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.LC. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Edgar Allan
Poe’s The Pit And The Pendulum” (the “Picture”) which shall be released theatrically by the Company
in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be December 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $145,500 which shall be paid in the
following manner:

	 	(a)	 	10% (US$14,550) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$14,550) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$14,550) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$29,100) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$83,250) payable no later than two (2) months after the Theatrical Release
Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;

	(b)	 	It is a bonafide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;

	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and

	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy
or claim arising out of or relating to this Agreement, or the breach thereof, shall be
settled by arbitration in accordance with the Arbitration Rules of the American
Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of
competent jurisdiction. Signature of legal representatives of REM and Client shall constitute this
as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

Accepted and agreed to:

	 	 	 	 	 
	By:  	  /s/ Paul Colichman
 	 	 
	 	Paul Colichman 	 	 
	 	Regent Entertainment Media Inc. 	 	 

Date                                         

	 	 	 	 	 
	 
	By:  	  /s/ Mark Reinhart
 	 	 
	 	Mark Reinhart 	 	 
	 	Regent Releasing L.L.C. 	 	 

Date                                         

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of August 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

			
	RE:	 	“Playing With Fire”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Playing With
Fire” (the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be October 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $135,270 which shall be paid in the
following manner:

	 	(a)	 	10% (US$13,527) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$13,527) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$13,527) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$27,054) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$67,635) payable no later than two (2) months after the Theatrical Release
Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;

	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;

	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and

	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s
business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or
claim arising out of or relating to this Agreement, or the breach thereof, shall be settled
by arbitration in accordance with the Arbitration Rules of the American Arbitration
Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of
competent jurisdiction. Signature of legal representatives of REM and Client shall constitute this
as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

Accepted and agreed to:

	 	 	 	 	 
	By:  	  /s/ Paul Colichman
 	 	 
	 	Paul Colichman 	 	 
	 	Regent Entertainment Media Inc. 	 	 

Date                                         

	 	 	 	 	 
	 
	By:  	  /s/ Mark Reinhart
 	 	 
	 	Mark Reinhart 	 	 
	 	Regent Releasing L.L.C. 	 	 

Date                                         

4

 

 Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of August 01, 2008

Mr. Mark Reinhart 
Regent Releasing
L.L.C.  
10990 Wilshire Boulevard 

Penthouse 
Los Angeles, CA 90024

			
	RE:	 	“Saving Marriage”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Saving
Marriage” (the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be October 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $107,400 which shall be paid in the
following manner:

	 	(a)	 	10% (US$10,740) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$10,740) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$10,740) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$21,480) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$53,700) payable no later than two (2) months after the Theatrical Release
Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;

	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;

	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and

	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s
business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the American Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of
competent jurisdiction. Signature of legal representatives of REM and Client shall constitute this
as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

Accepted and agreed to:

	 	 	 	 	 
	By:  	  /s/ Paul Colichman
 	 	 
	 	Paul Colichman 	 	 
	 	Regent Entertainment Media Inc. 	 	 

Date                                         

	 	 	 	 	 
	 
	By:  	  /s/ Mark Reinhart
 	 	 
	 	Mark Reinhart 	 	 
	 	Regent Releasing L.L.C. 	 	 

Date                                         

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of October 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

	RE: 	 	“Serbis”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.LC. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Serbis” (the
“Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be December 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $108,000 which shall be paid in the
following manner:

	 	(a)	 	10% (US$10,800) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$10,800) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$10,800) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$21,600) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$54,000) payable no later than two (2) months after the Theatrical Release
Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

REM agrees that, unless specifically authorized to do so by Client in writing/it will hold the
Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the
breach thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the
American Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of competent jurisdiction. Signature of legal
representatives of REM and Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

	 	 	 	 	 
	Accepted and agreed to:

 	 
	By:  	/s/ Paul Colichman
 	 
	 	Paul Colichman 	 
	 	Regent Entertainment Media Inc. 	 
	 

Date                                         

	 	 	 	 	 
	 	 
	By:  	/s/ Mark Reinhart
 	 
	 	Mark Reinhart  	 
	 	Regent Releasing L.L.C. 	 
	 

Date                                         

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of October 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

	RE: 	 	“Shake Hands With The Devil”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Shake Hands
With The Devil” (the “Picture”) which shall be released theatrically by the Company in North
America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be December 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $115,500 which shall be paid in the
following manner:

	 	(a)	 	10% (US$11,550) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$11,550) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$11,550) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$23,100) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$57,750) payable no later than two (2) months after the Theatrical Release
Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by the arbitration in accordance with the Arbitration Rules of the
American Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of competent jurisdiction. Signature of legal
representatives of REM and Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

	 	 	 	 	 
	Accepted and agreed to:

 	 
	By:  	/s/ Paul Colichman
 	 
	 	Paul Colichman 	 
	 	Regent Entertainment Media Inc. 	 
	 

Date                                         

	 	 	 	 	 
	 	 
	By:  	/s/ Mark Reinhart
 	 
	 	Mark Reinhart  	 
	 	Regent Releasing L.L.C. 	 
	 

Date                                         

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of October 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

	RE: 	 	“Song Of The Sparrows”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Song Of The
Sparrows” (the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be December 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $118,500 which shall be paid in the
following manner:

	 	(a)	 	10% (US$11,850) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$11,850) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$11,850) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$23,700) payable no later than one (1) month after the Theatrical Release Date of the
Film.

1

 

	 	(e)	 	50% (US$57,750) payable no later than two (2) months after the Theatrical Release
Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the
American Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of competent jurisdiction. Signature of legal
representatives of REM and Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

	 	 	 	 	 
	Accepted and agreed to:

 	 
	By:  	/s/ Paul Colichman
 	 
	 	Paul Colichman 	 
	 	Regent Entertainment Media Inc. 	 
	 

Date                                         

	 	 	 	 	 
	 	 
	By:  	/s/ Mark Reinhart
 	 
	 	Mark Reinhart  	 
	 	Regent Releasing L.L.C. 	 
	 

Date                                         

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of October 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

	RE: 	 	“Taxidermia”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Taxidermia”
(the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be December 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $114,000 which shall be paid in the
following manner:

	 	(a)	 	10% (US$11,400) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$11,400) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$11,400) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$22,800) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$57,000) payable no later than two (2) months after the Theatrical Release
Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the
breach thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the
American Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of competent jurisdiction. Signature of legal
representatives of REM and Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

	 	 	 	 	 
	Accepted and agreed to:

 	 
	By:  	/s/ Paul Colichman
 	 
	 	Paul Colichman  	 
	 	Regent Entertainment Media Inc. 	 
	 

Date                                         

	 	 	 	 	 
	 	 
	By:  	/s/ Mark Reinhart
 	 
	 	Mark Reinhart  	 
	 	Regent Releasing L.L.C. 	 
	 

Date                                         

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of October 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

	RE: 	 	“Tokyo Sonata”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Tokyo Sonata”
(the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be December 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $108,000 which shall be paid in the
following manner:

	 	(a)	 	10% (US$10,800) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$10,800) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$10,800) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$21,600) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$54,000) payable no later than two (2) months after the Theatrical
Release Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the
American Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered in any court of competent jurisdiction. Signature of legal
representatives of REM and Client shall constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

	 	 	 	 	 
	 	 
	By:  	/s/ Paul Colichman
 	 
	 	Paul Colichman 	 
	 	Regent Entertainment Media Inc. 	 
	 

Date                                         

	 	 	 	 	 
	 	 
	By:  	/s/ Mark Reinhart
 	 
	 	Mark Reinhart  	 
	 	Regent Releasing L.L.C. 	 
	 

Date                                         

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of August 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

			
	RE:	 	“Tru Loved”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Tru Loved”
(the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be October 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $151,260 which shall be paid in the
following manner:

	 	(a)	 	10% (US$15,126) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$15,126) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$15,126) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$30,252) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$75,630) payable no later than two (2) months after the Theatrical Release Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the American
Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered
in any court of competent jurisdiction .Signature of legal representatives of REM and Client shall
constitute this as a binding agreement between them.

If you are in agreement with the terms set forth above, please sign and date both copies of this
Agreement, keep one original for your files, and return the second copy to me. We look forward to
working with you.

Accepted and agreed to:

	 	 	 	 	 
	 	 	 
	By:  	/s/ Paul Colichman
 	 	 
	 	Paul Colichman 	 	 
	 	Regent Entertainment Media Inc. 	 	 
	 

Date                                         

	 	 	 	 	 
	 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Mark Reinhart 	 	 
	 	Regent Releasing L.L.C. 	 	 
	 

Date                                         

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of October 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

			
	RE:	 	“Watercolors”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “Watercolors”
(the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be December 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $174,000 which shall be paid in the
following manner:

	 	(a)	 	10% (US$17,400) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$17,400) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$17,400) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$34,800) payable no later than one (1) month after the Theatrical
Release Date of the Film.

1

 

	 	(e)	 	50% (US$75,630) payable no later than two (2) months after the Theatrical Release Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

2

 

REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the American
Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered
in any court of competent jurisdiction. Signature of legal representatives of REM and Client shall
constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

	 	 	 	 	 
	Accepted and agreed to:

 	 	 
	By:  	/s/ Paul Colichman
 	 	 
	 	Paul Colichman 	 	 
	 	Regent Entertainment Media Inc. 	 	 
	 

Date                                         

	 	 	 	 	 
	 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Mark Reinhart 	 	 
	 	Regent Releasing L.L.C 	 	 
	 

Date                                         

4

 

Regent Entertainment Media Inc.

10960 Wilshire Blvd., 10th Floor

Los Angeles, CA 90024

As of August 01, 2008

Mr. Mark Reinhart

Regent Releasing L.L.C.

10990 Wilshire Boulevard

Penthouse

Los Angeles, CA 90024

			
	RE:	 	“The World Unseen”

Dear Mark:

     This letter, when signed by each of us, constitutes our agreement with respect to work you
desire us to perform on your behalf (the “Agreement”).

     When used below, the term “you,” the “Client,” or the “Company” shall refer to Regent
Releasing L.L.C. The Company hereby engages Regent Entertainment Media Inc (“REM”) to provide
marketing and promotional services (the “Services”) for the motion picture entitled “The World
Unseen” (the “Picture”) which shall be released theatrically by the Company in North America.

TERM: The term of this Agreement shall commence on the date above until one year following the
theatrical release of the Picture presently anticipated to be October 01, 2008.

SERVICES: REM will provide marketing and consulting expertise and services to include creating
marketing plans, release and press strategies; writing press releases and pitch letters; aiding in
the placement of editorial content in magazines, newspapers and other media for potential feature
or review coverage and pitch and implement grass roots promotional activities in major U.S.
markets. REM shall also provide advertising and editorial coverage of the Picture in REM media
outlets as appropriate.

COMPENSATION: In consideration of and compensation for the services that REM shall render to you
hereunder, the Client hereby agrees to pay REM the fee of $158,550 which shall be paid in the
following manner:

	 	(a)	 	10% (US$15,855) payable no later than two (2) months prior to the Theatrical
Release Date of the Film.
	 
	 	(b)	 	10% (US$15,855) payable no later than one (1) month prior to the Theatrical
Release Date of the Film.
	 
	 	(c)	 	10% (US$15,855) payable upon Theatrical Release Date of the Film.
	 
	 	(d)	 	20% (US$31,710) payable no later than one (1) month after the Theatrical
Release Date of the Film.

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	 	(e)	 	50% (US$79,275) payable no later than two (2) months after the Theatrical Release Date of the Film.

EXPENSES: These expenses shall include but shall not be limited to: photocopies, postage,
envelopes, express mail, labels, photography or photographic reproduction, printing, messengers,
long distance telephone and fax charges, travel and travel-related expenses, street teams,
transportation, and all other customary disbursements associated with the Services. Client shall
have no obligation to reimburse REM for any expense greater than $500 or for any travel expense,
unless an authorized employee of Client has given prior written approval of the incurrence of such
expense. Each reimbursable expense should have back-up receipts and/or documentation.

INDEPENDENT CONTRACTOR: Nothing contained in this agreement shall be construed to constitute REM as
a partner, joint venturer, principal, employee or agent of Client, it being intended that REM is an
independent contractor responsible for its own actions. REM shall not be liable for any and all
debts, costs, expenses, obligations, losses or liabilities of Client. Client agrees to hold
harmless and to indemnify REM against any and all losses, claims, including attorney’s fees, and
lawsuits made against REM in connection with the rendition of Services hereunder. Termination or
expiration of this Agreement releases REM and its representatives, officers and agents from any and
all obligations and liabilities in connection with the Services rendered pursuant to this
Agreement.

OWNERSHIP OF PROCEEDS OF WORK: Any and all artistic, literary, dramatic, musical and other
material submitted by REM to Client, together with the results and proceeds of REM’s Services in
connection with this Agreement (collectively, the “Material”) was specially commissioned by and
shall be the exclusive property of Client, as a “work made for hire” (as defined in the Copyright
Act of 1976). Accordingly, Client is the author and owner of the Material in perpetuity throughout
the universe and is entitled to the copyrights and other proprietary rights (and all extensions and
renewals thereof) in the Material. If any of the Material is determined not to be a work made for
hire, REM hereby assigns to Client in perpetuity throughout the universe all rights, including,
without limitation all copyrights, other proprietary rights, renewals and extensions, and the
complete right to adapt, exploit, exhibit, perform, make recordings of, reproduce, edit, modify,
digitize, make derivative works, distribute, display or otherwise use the Material in any form of
medium, expression or technology now known or hereafter known or developed. REM hereby waives any
and all paternity, integrity, moral or other similar rights that REM may have now, or in the
future, in and to the Material.

ASSIGNMENT: Client’s rights in the Material may be freely assigned and licensed and any such
assignment or license shall be binding upon REM and inure to the benefit of such assignee or
licensee. REM agrees to enter into any further assignments of the Material Client deems necessary
or appropriate. Except for material which Client provides, the Material to be developed hereunder
will be an original work created by REM and/or its employees, will not be copied from any other
work, will not knowingly violate or infringe upon the rights of any third party, will be free and
clear from any known claim by any third party, and Client’s use of the Material as contemplated by
this Agreement will not knowingly violate or infringe upon the rights of any third party.

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REPRESENTATION AND WARRANTIES:

Each party represents and warrants to Client as of the date hereof that:

	(a)	 	It is, and has been for more than thirty (30) days prior to the date hereof, a legal entity
duly organized, validly existing and in good standing under the laws of the State of its
organization and is authorized to do business in the State of California;
	 
	(b)	 	It is a bona fide corporate business entity established for a valid business purpose within
the meaning of the tax laws of the United States;
	 
	(c)	 	It has the right, power and authority to enter into this Services Agreement and perform its
obligations under this Services Agreement and the individual executing this Services Agreement
on behalf of REM is authorized to do so; and
	 
	(d)	 	The performance of the Services by REM will not knowingly violate any applicable laws, rules
or regulations or any contacts with or rights of third parties.

CONFIDENTIALITY: The term “Confidential Information” shall include all written documentation or
information of a sensitive or proprietary nature provided by Client to REM or developed by Client
or REM in connection herewith, and all information of a sensitive or proprietary nature regarding
Client’s business affairs, marketing, and positioning strategies, finances, properties, methods of
operation, data, systems, procedures, which REM acquires possession or knowledge of in connection
with the Services, except such information or data (i) as the parties hereto agree in writing is
not confidential; or (ii) which is in the public domain (other than as a result of a disclosure by
REM or its employees).

     REM agrees that, unless specifically authorized to do so by Client in writing, it will hold
the Confidential Information in strict confidence and will not permit the duplication, use or
disclosure or any Confidential Information to any person or entity except employees of REM whom
require such Confidential Information to perform the Services.

CHOICE OF LAW: This agreement shall be construed in accordance with and governed by the laws of the
State of California, regardless of the place of execution or location of the Services. This
Agreement represents the entire agreement between Client and REM. This agreement supersedes all
prior agreements, oral or written, between the parties hereto. No change or modification of this
Agreement shall be valid unless the modifications are in writing and signed by legal
representatives of both parties. No waiver of any term, provision or condition of this Agreement,
the breach or default thereof, by conduct or otherwise, in one or more instances shall be deemed to
be either a continuing waiver or a waiver of a subsequent breach or default of any such term,
provision or condition of this Agreement. The invalidity, in whole or in part, of any term,
provision or condition of this agreement shall not affect the validity of the remainder of the
agreement, or of any agreement resulting here from.

CONTROVERSIES: Any controversy or claim arising out of or relating to this Agreement, or the breach
thereof, shall be settled by arbitration in accordance with the Arbitration Rules of the American
Arbitration Association, and judgment upon the award rendered by the

3

 

arbitrator(s) may be entered
in any court of competent jurisdiction .Signature of legal representatives of REM and Client shall
constitute this as a binding agreement between them.

     If you are in agreement with the terms set forth above, please sign and date both copies of
this Agreement, keep one original for your files, and return the second copy to me. We look forward
to working with you.

	 	 	 	 	 
	Accepted and agreed to:

 	 	 
	By:  	/s/ Paul Colichman
 	 	 
	 	Paul Colichman 	 	 
	 	Regent Entertainment Media Inc. 	 	 
	 

Date                                         

	 	 	 	 	 
	 	 	 
	By:  	/s/ Mark Reinhart
 	 	 
	 	Mark Reinhart 	 	 
	 	Regent Releasing L.L.C 	 	 
	 

Date                                         

4

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