Document:

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                                                                   EXHIBIT 10.16

                              SAN BERNARDINO COUNTY
                             REGIONAL PARKS DIVISION
                           RENAISSANCE PLEASURE FAIRE
                          SEVENTH AMENDMENT OF LICENSE

This amendment of license ("Amendment") is made between the County of San
Bernardino, hereinafter referred to as "COUNTY", whose address is 777 E. Rialto
Avenue, San Bernardino, CA 92415-0763, and RENAISSANCE ENTERTAINMENT
CORPORATION, a Colorado corporation hereinafter referred to as "RENAIISSANCE
ENTERTAINMENT CORPORATION" or as "LICENSEE", whose address for the purposes of
this Amendment is 275 Century Circle, Suite 102, Louisville, CO 80027.

1.   RECITALS: This seventh Amendment is made with reference to the following
     facts and objectives:

     COUNTY, as licensor and the LIVING HISTORY CENTRE, a California
not-for-profit Corporation, hereinafter referred to as the "LIVING HISTORY
CENTRE", whose address is P.O. Box B, Novato, CA 94948, as licensee, entered
into a written license, COUNTY Contract No. 90-118, dated January 22, 1990 (the
"LICENSE), in which COUNTY licensed to the LIVING HISTORY CENTRE a portion ("Use
Area") of Glen Helen Regional Park ("Park") located in the County of San
Bernardino, California, as described in Exhibit "B" attached to the LICENSE and
made a part thereof, to hold a living history celebration called the
"Renaissance Pleasure Faire" (the "FAIRE"). The LICENSE was amended on September
30, 1991 by Contract Amendment No. 90-118 A-1, on October 19, 1992 by Contract
Amendment No. 90-118 A-2, on January 24, 1995 by Contract Amendment No. 90-118
A-3, on June 11, 1996 by Contract Amendment No. 90-118 A-4, on January 27, 1998
by Contract Amendment No. 90-118 A-5, and again on February 23, 1999 by Contract
Amendment No. 90-118 A-6. The amendment of January 24, 1995, Contract Amendment
No. 90-118 A-3 also provided for the first assignment of the LICENSE, from the
LIVING HISTORY CENTRE to RENAISSANCE PLEASURE FAIRES. The amendment of June 11,
1996, Contract Amendment No. 90-118 A-4 also provided for the assignment of the
LICENSE, from the RENAISSANCE PLEASURE FAIRES to the RENAISSANCE ENTERTAINMENT
CORPORATION.

2.   AMENDMENTS TO LICENSE:

     a)   The parties agree that the LICENSE is extended for an additional one
          year term in 2000, consisting of eight (8) weekends, commencing the
          weekend of May 6 and 7, 2000 through and including June 24 and 25,
          2000, and Memorial Day (all open to the general public), and May 19
          (school day, not open to he general public). Notwithstanding anything
          in this LICENSE to the contrary. LICENSEE shall NOT have any option to
          extend the term of the LICENSE for an additional weekend even if the
          FAIRE is officially closed due to rain or other good cause on or
          before noon of any day.

     b)   In Paragraph 1, TERM OF LICENSE, Subparagraph C, SET UP, ADD a
          reference for LICENSEE being allowed access to the Use Area for set up
          on February 21, 2000. In preparation for taking possession on February
          21: Set up of power poles and lines may begin on February 16, 2000,
          within the same guidelines established in the installation process in
          1997; access to upper Lot 3 and administration building may begin on
          February 16, 2000.
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     c)   In paragraph 1, TERM OF LICENSE, Subparagraph D, TAKE DOWN, ADD a
          reference for LICENSEE being allowed access to the Use Area for take
          down no later that Friday, July 7, 2000.

     d)   In paragraph 2, USE AREA, Subparagraph A, DELETE exiting Exhibit B and
          SUBSTITUTE the attached as a new Exhibit B identifying the Use Area,
          subject to the provisions of this Amendment.

     e)   In Paragraph 3, USE FEE, Subparagraph B, Additional Terms, ADD a
          reference for 2000 or year 11-4.00% of gross revenues, with a
          guaranteed minimum of $150,000 on use fees paid to COUNTY.

     f)   ADD the following as a new subparagraph 3.E (2). To Paragraph 3, USE
          FEE, subparagraph E, DAMAGES/CLEAN UP DEPOSIT:

               (2)  The damage and clean up deposit for the 2000 FAIRE shall be
                    fifteen thousand dollars ($15,000).

     g)   In paragraph 3, USE FEE, Subparagraph F, METHOD AND TIME OF PAYMENT,
          Subparagraph F(2) ADDITIONAL TERMS, ADD a payment schedule for 2000 as
          follows:

<TABLE>
<S>                                           <C>
               Wednesday, May 17, 2000         $50,000
               Wednesday, May 31, 2000         $50,000
               Wednesday, June 21, 2000        $50,000
               December 6, 2000                Remainder of balance of 4.00% of gross

</TABLE>

     h)   In paragraph 3, USE FEE, Subparagraph H, ACCOUNTING REPORT, ADD a
          reference to submit the financial statement for 2000 on September 8,
          2000.

     i)   In paragraph 5, WALK-THROUGH, Subparagraph A, PRE-FAIRE INSPECTION,
          ADD the date of Monday, February 21, 2000.

     j)   In paragraph 5, WALK-THROUGH, Subparagraph B, PUBLIC USE AREA TRASH,
          LITTER, EQUIPMENT REMOVAL INSPECTION, ADD the date of Thursday, July
          6, 2000.

     k)   In paragraph 5, WALK-THROUGH, Subparagraph B, USE AREA TRASH, LITTER,
          EQUIPMENT REMOVAL AND GROUNDS RESTORATION INSPECTION, ADD the date of
          July 31, 2000. Additionally in the event the Use Area is not
          completely restored by the July 31, 2000 walk-through; the LICENSEE
          shall pay COUNTY Fifty Dollars ($50.00) per day until such restoration
          is complete.

     l)   In paragraph 14, INSURANCE AND INDEMNIFICATION, Subparagraph B, ADD
          the date of Thursday, February 3, 2000 to the list of dates in the
          second sentence.

     m)   CHANGE that portion of subparagraph 22.A (1) OFF SEASON STORAGE, which
          now reads "...no later than March 31,2000." to read"...no later than
          August 31, 2000."
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     n)   Paragraph 25, NONCOMPETITION AND SCHEDULING OF OTHER EVENTS,
          Subparagraph A, that portion of the second sentence stating "...until
          December 31, 1999..." SHALL BE REVISED TO READ "...until December 31,
          2000...."

     o)   Paragraph 25, NONCOMPETITIION AND SCHEDULING OF OTHER EVENTS,
          Subparagraph B, that portion of the last sentence stating "...after
          January 1, 2000..." SHALL BE REVISED TO READ "...after January 1,
          2001..."

     p)   DELETE Subparagraph 26A(2.)(A)(4.) in its entirety.

3.   Except as modified by this agreement, all provisions of Contract No.
     90-118, including amendment A-1 through A-6; remain in full force and
     effect.

4.   This amendment shall be effective when approved by both parties.

IN WITNESS WHEREOF, the parties hereto have caused their respective names to be
hereunto subscribed by their respective proper officer hereto duly authorized.

COUNTY OF SAN BERNARDINO               RENAISSANCE ENTERTAINMENT CORPORATION

By:                                    By:
   ---------------------------            ---------------------------
   John D. Mikels, Chairman            Title:
   Board of Supervisors                      ------------------------

Date:                                  Date:
     -------------------------              -------------------------

Signed and certified that a copy of this
document has been delivered to the
Chairman of the Board by Earlene Sproat
Clerk of the Board of Supervisors of the
County of San Bernardino

By:
   ---------------------------

Date:
     -------------------------

APPROVED AS TO LEGAL FORM
ALAN K. MARKS, County Counsel

By:
   ---------------------------
   Fiona Luke, Deputy

Date:
     -------------------------<PAGE>

                                                                   EXHIBIT 10.17

             LEASE AND LICENSE EXTENSION AND MODIFICATION AGREEMENT

AGREEMENT made and entered into this 24 day of March 2000, by and between
STERLING FOREST LLC (hereinafter "SFLLC"), a limited liability company formed
under the laws of Delaware having an office at 16 Sterling Lake Road, Tuxedo,
New York 10987, and RENAISSANCE ENTERTAINMENT CORPORATION (hereinafter "REC'), a
foreign corporation authorized to do business in New York, having and office at
Rt. 17A West, Tuxedo, New York 10987 and an address for mail at 600 Rt. 17A,
Tuxedo, New York 10987.

SFLLC is successor in interest b y merger to STERLING FOREST CORPORATION. REC is
successor in interest to CREATIVE FAIRES, LTD.

                                   WITNESSETH

WHEREAS, SFLLC, as Landlord/Licensor, and REC, as Tenant/Licensee, are parties
to an Agreement of Lease and License Agreement dated as of June, 1996 (the
Agreement"), as modified by a Modification of Lease and License Agreement
entered into as of July, 1997 (the "First Modification Agreement"); by a Second
Modification of Lease and License Agreement entered into as of September, 1997
(the "Second Modification Agreement"); by a Third Modification of Lease and
License Agreement entered into as of September, 1997 (the "Third Modification
Agreement"); and by a Fourth Modification of Lease and License Agreement entered
into as of April 27, 1998 (the "Fourth Modification Agreement") and by a Fifth
Modification of Lease and License Agreement dated May 10, 1999 (collectively,
the "Agreement") and

WHEREAS, the Term of the Agreement expires on December 31, 2000, except as to
the lease of Additional Leased Premises in the First Modification Agreement,
which expires on December 31, 2001; and

WHEREAS, REC wishes to extend the term of the Agreement, and SFLLC is willing to
agree to an extension on the terms and conditions set forth below;

NOW, THEREFORE, for good and valuable consideration, receipt of which is hereby
acknowledged, SFLLC and REC agree that the Agreement is hereby extended and
modified as follows:

     1.   EXTENSION TERM. The Term of the Agreement is hereby extended to
          December 31, 2001 (the "First Extension Term").
<PAGE>

     2.   ARTICLE 3, "RENT," IS HEREBY MODIFIED BY ADDING THE FOLLOWING NEW
          SUBSECTION 3.02(D):

          "Section 302(D). During the First Extension Term, the Rents as set
          forth in Sections 3.02, 3.02(A), 3.02(B), and 3.02(C) shall be
          consolidated into a single annual Rent of THREE HUNDRED SIXTY THOUSAND
          and00/100 ($360,000.00) DOLLARS, payable in four installments of
          $60,000.00 due and payable on May 1, 2001 and July 31, 2001 and
          $120,000.00 due and payable on August 31, 2001 and September 30, 2001.

          The provisions in Section 3.02 regarding late payment of Rent shall
          remain in full force and effect during the First and Second Extension
          Terms."

     3.   RATIFICATION. SFLLC and REC hereby ratify and confirm all of the terms
          and provisions contained in the Initial Agreement, the First
          Modification Agreement, Second Modification Agreement, Third
          Modification Agreement, Fourth Modification Agreement, and the Fifth
          Modification Agreement, except as expressly modified by this Extension
          and Modification Agreement.

IN WITNESS WHEREOF, the parties have caused this Extension and Modification
Agreement to be executed by STERLING FOREST LLC and by RENAISSANCE ENTERTAINMENT
CORPORATION.

                                                STERLING FOREST LLC,
                                                 Landlord/Licensor

                                       By:
                                          -----------------------------------
                                          Louis Heimbach, Chairman, President
                                          And Chief Executive Officer

                                               RENAISSANCE ENTERTAINMENT
                                              CORPORATION, Tenant/Licensee

                                       By:
                                          -----------------------------------
                                          Charles S. Leavell
                                          Chairman and Chief Executive Officer

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