Document:

Amended and Restated Master Agreement, dated October 31, 2003

 Exhibit 10.11 
  
 DW/UNIVERSAL STUDIOS, INC. MASTER AGREEMENT 
 AMENDED AND RESTATED AS OF OCTOBER 31, 2003 
  
 This agreement was entered into as of June 14, 1995, was amended and restated as of June 20, 2001, and is amended and restated herein as of October 31, 2003 by and between DreamWorks L.L.C. (“DW”), a
Delaware limited liability company, with its principal offices at 1000 Flower Street, Glendale, California 91201, Universal Studios, Inc. (“Universal”), a Delaware corporation, with its principal offices at 100 Universal City Plaza,
Universal City, California 91608, and Vivendi Universal Entertainment LLLP, a Delaware limited liability limited partnership (“VUE”) as assignee of Universal, with its principal offices at 100 Universal City Plaza, Universal City,
California 91608. 
  
 PRELIMINARY STATEMENT 
  
 WHEREAS, DW and MCA, INC. (“MCA”) (currently known as Universal),
entered into the DW/MCA Master Agreement dated as of June 14, 1995, which by its terms incorporated therein each “Agreement Module” (as defined and set forth below), all as amended, modified or supplemented from time to time in accordance
therewith; 
  
 WHEREAS, in June 2001 DW and Universal agreed to
amend and restate the Master Agreement and to extend and amend the terms thereof and to make certain amendments to Exhibit A and Exhibit B as defined therein (as so amended and restated, the “2001 Master Agreement”); 
  
 WHEREAS, after the 2001 Master Agreement DW and Universal entered into
certain other amendments to the Master Agreement and/or to Exhibits A and B thereto, and Universal assigned its rights and obligations thereunder to VUE; 
  
 WHEREAS, effective as of October 31, 2003, DW and Universal have agreed to amend the 2001 Master Agreement, including to extend the term thereof and to
make certain amendments to Exhibits A and B; 
  
 WHEREAS,
effective as of October 31, 2003, DW has agreed to make certain amendments (the “Class U Amendment”) to the Sixth Amended and Restated Limited Liability Agreement of DreamWorks L.L.C. dated as of March 21, 2003 (the “Prior LLC
Agreement”) (the Prior LLC Agreement as amended by the Class U Amendment is the “LLC Agreement”); 
  
 NOW, THEREFORE, DW and Universal hereby agree as follows: 
  

	 	I.	General 

  
 1. In consideration of the mutual covenants and undertakings contained herein, Universal and DW agree as follows. 
  

	 	a.	 DW Representations. DW represents as follows: DW has received all required consents to enter into this Master Agreement and the 

  

	 	 
LLC Agreement from (i) its lenders under DW’s First Refinancing Credit Facility (as defined in the LLC Agreement); and (ii) its lenders under that DW
Funding LLC Film Securitization Facility dated as of October 15, 2002; and (iii) the requisite equity holders whose consent is required under the LLC Agreement. DW further represents that its execution and delivery of, and its performance under this
Agreement does not and will not conflict with, or result in the breach of, constitute a default or require a consent under, nor will it result in the termination, cancellation, modification, violation or acceleration (whether after giving notice or
the lapse of time or both) of any right or obligation of DW under any material contract, deed, instrument or other agreement. 

  

	 	b.	NBC Consent. Universal represents that it has received the consent of National Broadcasting Company, Inc. (“NBC”) to the form and substance of this Master Agreement
and the LLC Agreement. 

  

	 	c.	Class U Amendment. On or prior to the Restatement Effective Date (as defined below) the LLC Agreement shall have been executed and delivered by DW, Universal and the other
parties thereto and shall have become effective. 

  

	 	d.	Effective Date. The business day after all of the consents listed above have been received and circulated to each of DW and Universal is the “Restatement Effective
Date.” 

  
 2. Notwithstanding anything to the
contrary set forth in this Agreement, Amendment No. 2 to Exhibit B to the Master Agreement (“Amendment No. 2”) shall remain in full force and effect and is not amended by this Restated Master Agreement. 
  

	 	II.	Term; Contract Year 

  

	 	a.	 The Term of this Master Agreement shall continue until termination of all of the Agreement Modules. The term of each of Exhibit A and Exhibit B is hereby amended to
continue to December 31, 2010, unless extended in accordance with the following two sentences, or unless otherwise extended or terminated in accordance with the terms of this Master Agreement. Universal shall have the right, at its sole option, to
extend the Term of both of Exhibit A and Exhibit B by written notice to DW delivered on or after January 2, 2010 and prior to February 1, 2010 to (x) December 31, 2011, if Total Fees Payable (as defined below) 

  

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to Universal are *** or (y) December 31, 2012 if Total Fees Payable after the Restatement Effective Date are ***. In addition, the Terms of each of Exhibit A
and Exhibit B shall automatically be extended on any otherwise scheduled expiration date for a three-month period from such scheduled expiration date if, on any scheduled expiration date, all of the Preferred shall not have been redeemed in cash,
and all accrued and unpaid cash and non-cash distributions thereon not paid in cash in accordance with Section 8.01 of the LLC Agreement; provided, that from and after September 30, 2008 the period of such extensions shall be as set forth in Section
8.01(a)(vi)(y)(B) of the LLC Agreement. “Total Fees Payable” shall mean the sum of (i) Aggregate Fees paid to Universal and its Affiliates during the period from November 1, 2003 through December 31, 2009, (ii) Aggregate Fees accrued but
not yet paid to Universal and its Affiliates during the period from November 1, 2003 through December 31, 2009, and (iii) as an estimate of Aggregate Fees expected to be paid or become payable to Universal and its Affiliates during the period from
January 1, 2010 to December 31, 2010, the lesser of (A) Aggregate Fees used in the calculation of the Pipeline Estimate and the Animation Pipeline Estimate for such period and (B) *** times the Aggregate Fees paid to Universal and its Affiliates
during the period from December 31, 2008 to December 31, 2009. For purposes of clarification, under this Agreement, (i) if the Preferred shall be converted or exchanged into a debt instrument, the “redemption” amounts and
“distributions” required to be paid shall be deemed to mean the principal and interest of such debt instrument, and (ii) in any instance in which Universal has the right to terminate Exhibit A or Exhibit B but the term of that agreement
extends automatically (notwithstanding a termination notice) because DW is required to redeem the Preferred together with all accrued and unpaid cash and non-cash distributions and has failed to do so, Universal (but not DW) can voluntarily waive
the benefits of such provision and terminate the applicable agreement notwithstanding the failure to redeem (see, e.g., Paragraph XII.3.e.). 

  

	 	b.	Effective as of January 1, 2004, the “contract year” as defined under each of Exhibit A and Exhibit B shall be revised to be the calendar year, and a new contract year
shall commence on January 1, 2004 for purposes of both Exhibit A and Exhibit B. 

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

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	 	III.	Definitions 

  
 Capitalized terms used in this Master Agreement but not referenced below or otherwise defined herein shall have the meanings assigned thereto in the
Agreement Modules. For convenience, Schedule III attached hereto contains a table of defined terms. 
  
 1. Affiliate: “Affiliate” (collectively “Affiliates”) of any specified Person shall refer to any Person directly or indirectly
controlling or controlled by or under direct or indirect common control with such specified Person. 
  
 2. Agreement: “Agreement” shall refer collectively to the “Master Agreement” and all of the “Agreement Modules.”

  
 3. Agreement Module: “Agreement Module” shall
refer to each of Exhibits A, B, C and D of the DW/MCA Master Agreement, as amended, modified or supplemented from time to time in accordance therewith. 
  
 4. Master Agreement: “Master Agreement” shall refer solely to this amended and restated DW/Universal Studios, Inc. Master Agreement
without consideration of the Agreement Modules attached hereto. 
  
 5. Parties: “Parties” (individually “Party”) shall refer to Universal and DW. 
  
 6. Payment Default: A failure by DW to pay any Advance Amount, Animation Advance Amount, Additional Amount, Animation Additional Amount, DW
Adjustment, or redemption or distribution amount payable under the LLC Agreement, in each case on the date due. 
  
 7. Person: “Person” shall refer to any individual, firm, corporation, partnership, limited liability company, trust, joint venture,
governmental authority or other entity. 
  
 8. Preferred:
“Preferred” shall refer to all outstanding shares of DW’s Class U Preferred Stock. 
  
 9. Subscription Agreement: “Subscription Agreement” shall refer to the Subscription Agreement dated as of April 15, 2001 between DW and
Universal pertaining to the purchase by Universal of DW’s Class U Preferred Stock, as more specifically set forth therein. 
  

	 	IV.	Foreign Theatrical Motion Picture Distribution 

  
 Exhibit A shall refer to the agreement dated as of June 14, 1995 between DW and Universal City Studios, Inc. (“Distributor”), regarding, among
other things, the distribution by Distributor of DW’s Pictures within the Territory during the Term (as such capitalized terms are defined in Exhibit A, as amended hereby), as more specifically set 

  

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forth therein, as amended as of the Restatement Effective Date by this Master Agreement including the terms and conditions attached hereto as Schedule A-TC
(which was effective prior to the date of the 2003 amendment and restatement of the Master Agreement and is continued in effect by this amended and restated Master Agreement), which is by this reference incorporated into Exhibit A. Other than as
expressly amended in this Master Agreement, Exhibit A (including Schedule A-TC) remains in full force and effect as of the Restatement Effective Date. 
  
 1. All references to “MCA” in Exhibit A shall mean Universal Studios, Inc. and all references to MCA shall be to Universal Studios, Inc. The
Parties acknowledge and agree that Universal has assigned its obligations and rights under the Master Agreement to VUE and services under the Master Agreement and Exhibit A may be provided by VUE (or its successor). 
  
 2. Paragraph 10 of Exhibit A is deleted and amended to read in full as
follows, and all references in Exhibit A to Paragraph 10 shall mean such Paragraph 10 as amended: 
  
 The introduction to Paragraph 10 shall read: In all events under this Paragraph 10, and notwithstanding any provision of this Agreement to the contrary, no termination of either Exhibit A or Exhibit B shall be
effective unless and until (i) all Advance Amounts, Animation Advance Amounts, Additional Amounts and Animation Additional Amounts have been paid in full, (ii) the Special Termination Fee has been paid in full, and (iii) the Preferred together with
all accrued and unpaid cash and non-cash distributions thereon is redeemed and the redemption price has been paid in full in cash in accordance with Section 8.01(a) of the LLC Agreement. 
  

	 	a.	Termination Without Cause. 

  

	 	(i)	[Purposely left blank] 

  

	 	(ii)	 This Exhibit A (and Exhibit B, if DW determines in its sole discretion) may be terminated by DW, in its entirety upon the happening of any of the following
circumstances: If UIP “restructures” (i.e., if UIP ceases to be the primary foreign distribution entity for either or both of the UIP Owners); provided, however, that DW shall be entitled to terminate pursuant to this provision on the
first anniversary of the date of such “restructuring” (the “UIP Termination Date”) provided it provides not less than 15 days written notice of its election to terminate this Exhibit A prior to such UIP Termination Date. DW may
terminate prior to the UIP Termination Date if UIP (or Universal) materially changes the manner in which the Pictures are theatrically distributed internationally and this change has or would have a material adverse impact on DW’s international
theatrical revenues (a “Material International Change”). For 

  

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the period of time prior to DW’s exercise of its rights under this clause (ii), and if DW does not exercise its termination right under this clause
(ii), so long as there is not a Material International Change, UIP’s (or Universal’s) performance shall be deemed consistent with Universal’s obligations hereunder, it being acknowledged that DW may nonetheless thereafter choose to
exercise its termination right under this subparagraph. Not later than the termination of Exhibit A under this clause (ii), DW shall redeem all of the Preferred in cash, together with all accrued and unpaid cash and non-cash distributions pursuant
to Section 8.01(a) of the LLC Agreement. DW may not after notice of its election to terminate Exhibit A and prior to redemption in full of the Preferred enter into any agreement which would have the effect of prohibiting or restricting its
redemption of all of the Preferred in cash, together with all accrued and unpaid cash and non-cash distributions. 

  

	 	(iii)	 DW shall have the right to terminate this Exhibit A and/or Exhibit B (but not Exhibit C and/or Exhibit D), as DW determines in its sole discretion, subject to the
further provisions of this provision on a VUE Change of Control. DW may not exercise its rights under this Paragraph 10.a.(iii) at any time prior to the earlier of October 8, 2004 and the NBC Closing (as defined in the Master Agreement). After the
earlier of October 8, 2004 and the NBC Closing, DW may exercise its rights to terminate during the 90 days following the first public announcement after such date of Vivendi Universal S.A.’s (or, if the NBC Closing has occurred, General
Electric Company’s (“GE”)) intention to enter into a definitive agreement with a specific named third party for a transaction that would effect a “VUE Change Of Control” (as hereafter defined) under clauses (A) or (C) of
such definition, and (B) at any time during the 90 days following a VUE Change of Control under clause (B) of such definition. In either case, such notice of termination shall be effective as to the Exhibit(s) being terminated 180 days after the
receipt of such notice subject to the requirements of the Master Agreement, including without limitation Paragraph VIII.8 thereof, and to Section 8.01(a) of the LLC Agreement. No termination by DW shall be effective under this clause a.(iii) unless
and until DW shall have redeemed all of the Preferred together with all accrued and unpaid cash and non-cash distributions thereon, in cash, in accordance with Section 8.01(a) of the LLC Agreement. A “VUE Change of Control” means (A)

  

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the acquisition, directly or indirectly, of (i) more than 50% of the voting power or aggregate equity value represented by the issued and outstanding
ordinary equity interests (or preferred equity interests carrying voting power or consent rights substantially similar to ordinary equity interests) or (ii) actual managerial control (whether through the appointment, or ability to veto the
appointment, of key executive officers or at least a majority of the members of the board of directors or equivalent governing body, or otherwise) of VUE or its motion picture studio division, whether pursuant to merger, consolidation, acquisition,
share exchange, issuances of equity securities or otherwise, by any person or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended), in each case, other than by Vivendi Universal S.A. and/or
any of its majority owned subsidiaries or GE and/or any of its majority owned subsidiaries, (B) the filing of a registration statement for an initial public offering of 20% or more of the voting power or aggregate equity value represented by the
issued and outstanding ordinary equity interests (or preferred equity interests carrying voting power or consent rights substantially similar to ordinary equity interests) of VUE (or any corporation into which VUE may be reconstituted or the
substantial asset of which is equity interests in VUE), as a result of which Vivendi Universal S.A. (and/or its majority owned subsidiaries) or GE (and/or its majority owned subsidiaries) is not expected to retain actual managerial control (whether
through the ability to elect at least a majority of the members of the board of directors or equivalent governing body or otherwise) of VUE or its motion picture studio division, or (C) the sale, transfer, contribution or other disposition, directly
or indirectly, of (i) all or substantially all of the property, business or assets of VUE or (ii) 50% or more of the property, business or assets of the motion picture studio division of VUE, to any person or group (as defined above) (excluding
internal reorganizations and transactions effected to reconstitute VUE as a corporation, so long as the successor assumes the obligations of VUE under the Master Agreement) excluding in each case (y) the NBC Closing, and (z) after the NBC Closing,
other sales, transfers, contributions or other dispositions to GE and/or any of its majority owned subsidiaries. 

  

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	 	b.	Termination With Cause. 

  

	 	(i)	This Exhibit A (and Exhibit B, if DW determines in its sole discretion) may be terminated by either party, only in its entirety, without prejudice to any other rights or remedies
available to it, upon the happening of any of the following circumstances, and subject to the Master Agreement and Section 8.01(a) of the LLC Agreement: 

  

	 	(1)	If the other party shall fail to make any payment when due hereunder, provided that if the parties are in dispute over whether a payment is due, that portion of the payment in
dispute shall not be deemed due unless and until the parties mutually agree or five business days after a final binding determination of the issue is made and noticed to the parties (provided that the non-terminating party shall have a period of 30
days, following written notice thereof, to cure) and provided further that an election to terminate under this subparagraph b.(i)(1) must be made, if at all, within 90 days of the date the payment was due and not paid; or 

 

	 	(2)	If the non-terminating party shall make any assignment for the benefit of creditors, file a petition for bankruptcy, be judged bankrupt or become insolvent.

  

	 	(ii)	 This Exhibit A (and Exhibit B, if DW determines in its sole discretion) may be terminated by DW, only in its entirety without prejudice to any other rights or
remedies available to it, upon the happening of any of the following circumstances: If more than 3 times during any 12-month period during the Term or an aggregate of 7 times during any consecutive five-year period commencing after June 20, 2001
(provided that DW shall have given Universal reasonably prompt (but in no event to exceed 90 days after the date DW knew or reasonably should have known) written notice of each such alleged event and/or non-performance and that UIP shall have failed
to cure the same within 5 days, or such shorter period as reasonably required by DW, following DW’s written notice thereof to cure) UIP fails to release the Pictures pursuant to plan on dates and for durations for the release of the Pictures
and in the theaters approved by DW, subject to customary force majeure events (provided, in the event of a delay caused by a force majeure event, DW shall be permitted to distribute, or cause the distribution of, such Picture(s) as provided in
Paragraph 2.c. above if DW reasonably determines that UIP 

  

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will not be available to release the Pictures as and when required by DW) and provided further that such alleged event or non-performance (y) is attributable
primarily to UIP’s actions or failures to act and is not directly attributable to any of DW’s actions or failures to act, and (z) affects portions of the Territory (not less than two countries) representing in the aggregate not less than
20% of all Territory Receipts for all Pictures distributed by UIP in the preceding year. UIP’s failure to meet plan shall not be attributable primarily to its actions or failures to act if DW’s plan is broadly inconsistent with past plans
for comparable motion pictures, for example, requiring an “art film” to be released on a majority of the screens in a particular country. 

  

	 	(iii)	Notwithstanding anything in this Exhibit A or the Master Agreement to the contrary, the only events permitting a termination of this Exhibit A for cause shall be those expressly set
forth in this Paragraph 10.b. 

  

	 	c.	 Other Terminations. This Exhibit A (and Exhibit B, if DW determines in its sole discretion) may be terminated by DW (a) in any country(ies) or Region(s)
where the applicable event or nonperformance has occurred (and either entirely in such country[ies] or Region[s]), or (b) only with respect to any Picture(s) affected by such event or non-performance in such country[ies] or Region[s]); and/or (c) in
the entire Territory with respect to a Picture(s) materially affected by such event or non-performance, all as the terminating party determines in its sole discretion without prejudice to any other rights or remedies available to it, upon the
happening of any of the following circumstances: If more than 3 times during any 12-month period during the Term or an aggregate of 7 times during any consecutive five-year period commencing after June 20, 2001 (provided that DW shall have given
Universal reasonably prompt written notice (but in no event to exceed 90 days after the date DW knew or reasonably should have known) of each such alleged event and/or non performance and that UIP shall have failed to cure the same within 5 days, or
such shorter period as reasonably required by DW, following DW’s written notice thereof to cure) UIP fails to release the Pictures pursuant to plan on dates and for durations for the release of the Pictures and in the theaters approved by DW,
subject to customary force majeure events (provided, in the event of a delay caused by a force majeure event, DW shall be permitted to distribute, or cause the distribution of, such Picture(s) as provided in Paragraph 2.c. above if DW reasonably
determines that UIP will not be available to release the Pictures as and when 

  

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required by DW) and provided further that such alleged event or non-performance is attributable primarily to UIP’s actions or failures to act.
Notwithstanding anything to the contrary in the Master Agreement or this Exhibit A, a termination under this clause (c) shall not be deemed a termination for cause of this Exhibit A, Exhibit B or the LLC Agreement. UIP’s failure to meet plan
shall not be attributable primarily to its actions or failures to act if DW’s plan is broadly inconsistent with past plans for comparable motion pictures, for example, requiring an “art film” to be released on a majority of the
screens in a particular country. 

  

	 	d.	Upon the effective termination date of this Exhibit A, DW shall have the right (but not the obligation) to order the immediate cessation of any or all distribution of the Pictures
and the immediate return of any or all prints and related materials, or, at DW’s election, to require Universal to continue distribution (subject to continuation of Distribution Fees on such Picture[s]) of some or all Pictures previously
delivered and either in release or ready for release as and for the duration of the initial period (as determined by DW in its absolute discretion) of theatrical distribution, and in those parts of the Territory designated by DW in its absolute
discretion (though DW shall not be obligated to deliver any additional Pictures subsequent to termination of this agreement); provided that Universal and UIP shall have the right to honor all then-existing DW-approved contractual commitments in
connection with the exercise of rights granted hereunder. Universal will remain obligated to make all accountings and payments set forth herein with respect to motion pictures distributed by it (or UIP). On expiration or other effective termination
of the Term, Universal will (subject to Paragraph XII.2 of the Master Agreement and the reasonable approval of Universal’s counsel) immediately execute such quitclaims and other documents as DW’s counsel deems necessary or advisable to
evidence the termination of all Universal’s rights with respect to some or all of the Pictures. Any disputes with respect to such quitclaim and other documents shall be resolved as set forth in the Master Agreement. In the event no timely
objection is made or such objection is resolved, and Universal fails to execute immediately any document useful or necessary to effectuate the confirmation or implementation of the provisions hereof, DW shall be irrevocably appointed as
Universal’s attorney-in-fact for such purpose. It is acknowledged said appointment power is coupled with an interest. 

  

	 	e.	 Not later than the effective termination date of the term of this Exhibit A (or of Exhibit B), DW shall make a special termination fee payment to Universal (the
“Special Termination Fee”), which shall be due and payable in the event of a termination for any 

  

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reason (i) prior to October 31, 2007, in the amount of ***, (ii) on and after October 31, 2007 and prior to April 30, 2010, in the amount of *** minus an
amount equal to *** times the number of full calendar months that have elapsed since October 31, 2007 (e.g., if either agreement terminated at April 30, 2008 the amount would be ***), and (iii) on and after April 30, 2010, ***. The Parties
acknowledge and agree that the Special Termination Fee is reasonable in light of the circumstances at the time it was negotiated and agreed to, has been negotiated and agreed to as part of the Parties’ mutual expectation that Universal would
continue as DreamWorks’ theatrical distributor and home video fulfillment service provider through at least April 30, 2010, and that in light of such expectation, Universal has extended certain terms to DW in the Agreement, including without
limitation the Advance reduction in Paragraph VIII.3., and Universal has made or will make certain additional investments in reliance on that expectation. In the event that, for any reason, the term of Exhibit A and Exhibit B or of either of them
terminates prior to April 30, 2010, the losses and other adverse consequences to Universal would be considerable and difficult to quantify, Universal’s ability to recoup its investments made in expectation of that term would be adversely
affected, and the concessions made by Universal in this Agreement would be inequitable. A termination even for the purported breach or other action or inaction of Universal would carry similar consequences, including significant costs and foregone
opportunities, the costs of which the parties agree Universal should not bear and which would be difficult to calculate. In all circumstances where either Exhibit A or Exhibit B terminates prior to April 10, 2010, the Special Termination Fee is a
bargained for alternative. For purposes of clarity, only one Special Termination Fee in the relevant amount set forth above is due on the termination of Exhibit A and/or Exhibit B prior to April 30, 2010 (e.g., if a Special Termination Fee has been
paid pursuant to Exhibit B, no Special Termination Fee shall be payable on the simultaneous or subsequent termination of this Exhibit A). In the event of a breach by Universal which is the basis for a termination of this Exhibit by DW, the payment
to Universal pursuant to this Paragraph 10.e shall be without prejudice to DW’s right to recover damages from Universal in accordance with this Exhibit A. 

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

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	 	f.	The parties acknowledge that if and to the extent DW terminates for cause Universal’s services under Paragraph 10.b., Universal shall not be entitled to any Distribution Fees
thereafter with respect to any terminated territory(ies) and/or Pictures (i.e., if DW terminates Universal’s services hereunder with respect to a particular territory(ies) and/or Picture(s), Universal’s Distribution Fee will be calculated
on Receipts attributable to other than such terminated territory(ies) and/or Picture(s)). 

  

	 	g.	At the expiration or effective termination of the Term, DW shall advise UIP to either return or destroy all materials in its possession in connection with the Pictures, as DW shall
instruct. Such action shall be at DW’s expense in the event of expiration of the Term or termination for cause by Universal, and at Universal’s expense in the event of termination for cause by DW. 

  
 3. Paragraph 5.b. of Exhibit A is deleted and amended to read in full as
follows, and all references in Exhibit A to Paragraph 5.b. shall mean such Paragraph 5.b. as amended: 
  

	 	a.	Amount Payable to DW: Subject to Paragraph 5.c.iii. below, Universal shall pay or cause to be paid to DW or, at DW’s election, to a DW-related entity, an amount equal to
100% of the aggregate of the Gross Receipts, less the following in the order listed: 

  

	 	(i)	Distribution Fees to be retained by Universal of an amount equal to: 

  

	 	(1)	*** of 100% of Gross Receipts paid to, or credited against uncontested outstanding sums owed to Universal by, DW until Gross Receipts equal ***; 

  

	 	(2)	*** of 100% of Gross Receipts paid to, or credited against uncontested outstanding sums owed to Universal by, DW for to DW from the point that Gross Receipts exceed *** until Gross
Receipts equal ***; 

  

	 	(3)	*** of 100% of Gross Receipts paid to, or credited against uncontested outstanding sums owed to Universal by, DW for to DW from the point that Gross Receipts exceed ***;

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

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	 	(ii)	Notwithstanding the foregoing clause b.(i), if a Payment Default (as defined in the Master Agreement) exists, for the period of time commencing 15 days after the date the relevant
payment is due to the date such Payment Default is paid in full, each distribution fee percentage then in effect shall be increased by ***. This distribution fee adjustment shall apply separately to each Payment Default (i.e., in the event of two
different concurrent Payment Defaults, each distribution fee percentage would increase by ***, provided that the maximum increase hereunder shall be *** and shall decrease on the date the applicable Payment Default is paid in full (e.g., if there
are two Payment Defaults and one is cured, on the date of such cure one *** distribution fee increase shall terminate). 

  

	 	(iii)	All “Distribution Expenses” (as defined below) accrued by Universal on behalf of DW calculated in accordance with Paragraph 5.d. below, subject to adjustment for
Distribution Expenses accrued but not paid, in the same fashion as for UIP Owners. 

  
 4. For purposes of clarity, the Parties agree that the election DW has under Paragraph l.c. of Schedule A-TC of Exhibit A to exclude either Japan or the
“German Territory” permits DW to exclude one or the other, but not both concurrently, from the “Territory” as defined in Exhibit A. The Parties hereby amend Paragraph 1.c. of Schedule A-TC to provide that after the first such
election, no such election to exclude Japan or the German Territory shall be effective prior to the 180th day after the delivery by DW to Universal of notice of such election (and that no such election shall be effective unless and until the prior
election is no longer in effect as to Pictures not previously released for theatrical exhibition on or before the date of termination of the agreement(s) governing the prior election). 
  
 5. A new Paragraph 6 shall be added to Schedule A-TC, prior to the last (unnumbered) paragraph of Schedule A-TC, to read in
full as follows: 
  
 6. Staffing. Distributor shall hire or
cause UIP to hire two new fully dedicated employees, one as a director level media planner and one as a publicity manager with start dates on or before April 1, 2004 (provided, if such hires are by Distributor, such persons shall have qualifications
substantially comparable to what “director level” and “manager” level employees in such positions at UIP would have). UIP shall have the option to designate existing UIP employees for the positions, subject to Distributor’s
mutual approval. Notwithstanding the foregoing, DW and Distributor will 

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 work together prior to April 1, 2004 on an interim staffing plan to be implemented initially for a trial period. If the
parties agree on an interim staffing plan subject to a trial period, such interim staffing plan shall be implemented by April 1, 2004. If, however, after the implementation of any such interim plan DW determines that the proposal is not effectively
staffing the DW Pictures business, in whole or in part, DW shall notify Distributor in writing of the positions affected and which requirements of the first sentence of this Paragraph 6 shall be instituted. If, 30 days after such notice, the parties
have not come to an agreement that the issues have been otherwise resolved, Universal shall be required to implement the staffing contemplated by the first sentence of this Paragraph 6 as expeditiously as is practicable, provided Distributor and UIP
shall mutually approve the selection and hiring of the foregoing employees. If Distributor and UIP mutually determine that any of the foregoing employees referenced in this Paragraph 6 are not needed to service DW Pictures, either in whole or in
part, such employee capacity can be used by Universal. In addition, commencing April 1, 2005, Universal shall be entitled to review, at the beginning of each quarter, on a rolling 12-month basis, whether the augmented staff levels set forth above
are required given the historical and expected DW revenues, it being acknowledged and agreed by the parties that if the Gross Receipts collected by Universal have not increased above 2003 levels, or (if they have risen) have reduced to 2003 levels,
such employee service levels are not required to be maintained. None of these new employees or staffing changes will change the allocation of duties as between DreamWorks and Universal set forth in this Exhibit A except as expressly set forth above.

  

	 	V.	Home Video Fulfillment Services 

  
 Exhibit B shall refer to the agreement dated as of June 14, 1995 between DW and Universal City Studios, Inc. (as Fulfillment Services Provider
(“FSP”)) regarding FSP rendering Fulfillment Services to DW in connection with DW’s distribution of Pictures throughout the world during the Term (as such capitalized terms are defined in Exhibit B, as amended hereby), as more
specifically set forth therein, as amended as of the Restatement Effective Date by this Master Agreement, Amendment No. 2 and the amended and supplemental terms and conditions attached hereto as Schedule B-TC (which was effective prior to the date
of the 2003 amendment and restatement of the Master Agreement and is continued in effect by this amended and restated Master Agreement), which is by this reference incorporated into Exhibit B. Other than as expressly amended in this Master
Agreement, Exhibit B (including Schedule B-TC) remains in full force and effect as of the Restatement Effective Date. 
  
 1. All references to “MCA” in Exhibit B shall mean Universal Studios, Inc. and all references to MCA shall be to Universal Studios, Inc. The
parties acknowledge and agree that Universal’s international fulfillment services shall be provided through Universal Pictures International Ltd. (“UPI”). The Parties acknowledge and agree that Universal has assigned its obligations
and rights under the Master Agreement to VUE and services under the Master Agreement and Exhibit B may be provided by VUE (or its successor). The parties also acknowledge and agree (including, without limitation, under Paragraph 7.B(ii)(a) of
Exhibit B) that VUE may provide the fulfillment services required to be provided by it under Exhibit B (i) domestically, 

  

 14 

 
directly or through any wholly-owned subsidiary of VUE, provided that the subsidiary distributes or provides fulfillment services for VUE’s Videograms
in the Domestic Territory, and (ii) otherwise through UPI, provided UPI distributes or provides fulfillment services for VUE’s Videograms in the Foreign Territory. In each of clauses (i) and (ii) above, “VUE’s Videograms” shall
mean Videograms of theatrical motion pictures produced and released under the “Universal Studios” label, to the extent distributed by VUE or one of its affiliates (it being acknowledged and agreed that nothing in this Exhibit B requires
Universal or any of its affiliates to retain any distribution rights in any territory or any media to any theatrical motion picture), and provided, further, that if more than one VUE entity distributes “Universal Studios” theatrical motion
pictures, DW Videograms shall be distributed by the primary VUE distribution entity for “Universal Studios”. 
  
 2. The definitions of “Domestic Territory” and the “Foreign Territory” shall be amended to read as set forth in Schedule B-TC. For
purposes of clarity, the Parties agree that the election DW has under Paragraph 1.b.iii. of Schedule B-TC of Exhibit B to exclude either Japan or the “German Territory” permits DW to exclude one or the other, but not both concurrently,
from the “Foreign Territory” as defined in Exhibit B. The Parties hereby amend Paragraph l.b.iii. of Schedule B-TC to provide that after the first such election, no such election to exclude Japan or the German Territory shall be effective
prior to the 180th day after the delivery by DW to Universal of notice of such election (and that no such election shall be effective unless and until the prior election is no longer in effect as to DW Videograms not previously distributed by DW in
the applicable territory subject to the agreement(s) governing the prior election). 
  
 3. Paragraph 7 of Exhibit B is deleted and amended to read in full as follows, and all references in Exhibit B to Paragraph 7 shall mean such Paragraph 7 as amended: 
  
 The introduction to Paragraph 7 shall read: In all events under this Paragraph 7, and
notwithstanding any provision of this Agreement to the contrary, no termination of either Exhibit A or Exhibit B shall be effective unless and until (i) all Advance Amounts, Animation Advance Amounts, Additional Amounts and Animation Additional
Amounts have been paid in full, (ii) the Special Termination Fee has been paid in full, and (iii) the Preferred together with all accrued and unpaid cash and non-cash distributions thereon is redeemed and the redemption price has been paid in full
in cash in accordance with Section 8.01(a) of the LLC Agreement. 
  

	 	a.	Termination Without Cause. 

  

	 	(i)	[Purposefully left blank] 

  

	 	(ii)	 DW shall have the right to terminate this Exhibit B and/or Exhibit A (but not Exhibit C and/or Exhibit D), as DW determines in its sole discretion, subject to the
further provisions of this provision on a VUE Change of Control. DW may not exercise its rights under this Paragraph 7.a.(ii) 

  

 15 

	 	 
at any time prior to the earlier of October 8, 2004 and the NBC Closing (as defined in the Master Agreement). After the earlier of October 8, 2004 and the
NBC Closing, DW may exercise its rights to terminate during the 90 days following the first public announcement after such date of Vivendi Universal S.A.’s (or, if the NBC Closing has occurred, General Electric Company’s (“GE”))
intention to enter into a definitive agreement with a specific named third party for a transaction that would effect a “VUE Change Of Control” (as hereafter defined) under clauses (A) or (C) of such definition, and (B) at any time during
the 90 days following a VUE Change of Control under clause (B) of such definition. In either case, such notice of termination shall be effective as to the Exhibit(s) being terminated 180 days after the receipt of such notice subject to the
requirements of the Master Agreement, including without limitation Paragraph VIII.8 thereof, and to Section 8.01(a) of the LLC Agreement. No termination by DW shall be effective under this clause a.(ii) unless and until DW shall have redeemed all of
the Preferred together with all accrued and unpaid cash and non-cash distributions thereon, in cash, in accordance with Section 8.01(a) of the LLC Agreement. A “VUE Change of Control” means (A) the acquisition, directly or indirectly, of
(i) more than 50% of the voting power or aggregate equity value represented by the issued and outstanding ordinary equity interests (or preferred equity interests carrying voting power or consent rights substantially similar to ordinary equity
interests) or (ii) actual managerial control (whether through the appointment, or ability to veto the appointment, of key executive officers or at least a majority of the members of the board of directors or equivalent governing body, or otherwise)
of VUE or its motion picture studio division, whether pursuant to merger, consolidation, acquisition, share exchange, issuances of equity securities or otherwise, by any person or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the
Securities Exchange Act of 1934, as amended), in each case, other than by Vivendi Universal S.A. and/or any of its majority owned subsidiaries, or GE and/or any of its majority owned subsidiaries, (B) the filing of a registration statement for an
initial public offering of 20% or more of the voting power or aggregate equity value represented by the issued and outstanding ordinary equity interests (or preferred equity interests carrying voting power or consent rights substantially similar to
ordinary equity interests) of VUE 

  

 16 

	 	 
(or any corporation into which VUE may be reconstituted or the substantial asset of which is equity interests in VUE), as a result of which Vivendi Universal
S.A. (and/or its majority owned subsidiaries) or GE (and/or its majority owned subsidiaries) is not expected to retain actual managerial control (whether through the ability to elect at least a majority of the members of the board of directors or
equivalent governing body or otherwise) of VUE or its motion picture studio division, or (C) the sale, transfer, contribution or other disposition, directly or indirectly, of (i) all or substantially all of the property, business or assets of VUE or
(ii) 50% or more of the property, business or assets of the motion picture studio division of VUE, to any person or group (as defined above) (excluding internal reorganizations and transactions effected to reconstitute VUE as a corporation, so long
as the successor assumes the obligations of VUE under the Master Agreement), excluding in each case (y) the NBC Closing, and (z) after the NBC Closing, other sales, transfers, contributions or other dispositions to GE and/or any of its majority
owned subsidiaries. 

  

	 	b.	Termination With Cause. 

  

	 	(i)	This Exhibit B (and Exhibit A, if DW determines in its sole discretion) may be terminated by the terminating party, solely in its entirety without prejudice to any other rights or
remedies available to it, upon the happening of any of the following circumstances, and subject to the Master Agreement and Section 8.01(a) of the LLC Agreement: 

  

	 	(1)	If the other party shall fail to make any payment when due hereunder, provided that if the parties are in dispute over whether a payment is due, that portion of the payment in
dispute shall not be deemed due unless and until the parties mutually agree or five business days after a final binding determination of the issue is made and noticed to the parties (provided that the non-terminating party shall have a period of 30
days, following written notice thereof to cure a breach) and provided further that an election to terminate under this subparagraph b.(i)(1) must be made, if at all within 90 days of the date the payment was due and not paid; or

  

 17 

	 	(2)	If the non-terminating party shall make any assignment for the benefit of creditors, file a petition for bankruptcy, be judged bankrupt or become insolvent,

  

	 	(ii)	This Exhibit B (and Exhibit A, if DW determines in its sole discretion) may be terminated by DW, solely in its entirety, without prejudice to any other rights or remedies available
to it, under any of the following circumstances: 

  

	 	(1)	If Universal ceases to be the distributor in the Domestic Territory for its Videograms and/or if UPI ceases to be the primary distributor of Videograms for Universal in the Foreign
Territory; or 

  

	 	(iii)	 If more than 3 times during any 12-month period during the Term or an aggregate of 7 times during any consecutive five year period commencing after June 20, 2001
(provided that DW shall have given Universal reasonably prompt written notice (but in no event to exceed 90 days after the date DW knew or reasonably should have known) of each such alleged breach and/or non-performance and that Universal shall have
failed to cure the same within 5 days, or such shorter period as reasonably required by DW, following DW’s written notice thereof to cure a breach) Universal fails to release the DW Videograms pursuant to plan on dates and for durations for the
release of the DW Videograms approved by DW and with the content and materials provided by DW, except only if and to the extent that any changes are required to be made on an immediate basis (i.e., during which Universal does not have sufficient
time to obtain DW’s approval) due to censorship requirements and subject to customary force majeure events (provided, in the event of a delay caused by a force majeure event, DW shall be permitted to render fulfillment services, or cause
fulfillment services to be rendered, for such DW Videogram(s) as provided in Paragraph 2.C. above if DW reasonably determines that UPI will not be available to release the DW Videograms as and when required by DW) and provided further that such
alleged event or non-performance (y) is attributable primarily to UPI’s actions or failures to act, and is not directly attributable to any of DW’s actions or failures to act and (z) affects portions of either the Domestic Territory

  

 18 

	 	 
representing not less than *** of all Domestic Territory Receipts for all DW Videograms for which Universal provided fulfillment services in the preceding
year, or of portions of the Foreign Territory (not less than two countries) representing in the aggregate not less than *** of all Foreign Territory Receipts for all DW Videograms for which UPI provided fulfillment services in the preceding year.
UPI’s failure to meet plan shall not be attributable primarily to its actions or failures to act if DW’s plan is broadly inconsistent with past plans for comparable Videograms, for example, requiring an “art film” to be broadly
marketed and placed in a majority of retail video outlets in a particular country. 

  

	 	(iv)	Notwithstanding anything in this Exhibit B or the Master Agreement to the contrary, the only events permitting a termination of this Exhibit B for cause shall be those expressly set
forth in this Paragraph 7.b. 

  

	 	c.	Other Terminations. 

  

	 	(i)	This Exhibit B (and Exhibit A, if DW determines in its sole discretion) may be terminated by DW (a) in any country(ies) or Region(s) where the applicable event or nonperformance has
occurred (and either entirely in such country[ies] or Region[s]), or (b) only with respect to any DW Videogram(s) affected by such event or non-performance in such country[ies] or Region[s]); and/or (c) in the entire Territory with respect to a DW
Videogram(s) materially affected by such event or non-performance, all as the terminating party determines in its sole discretion without prejudice to any other rights or remedies available to it, upon the happening of any of the following
circumstances: If more than 3 times during any 12-month period during the Term or an aggregate of 7 times during any consecutive five year period commencing after June 20, 2001 (provided that DW shall have given Universal reasonably prompt written
notice (but in no event to exceed 90 days later) of each such alleged breach and/or non-performance and that Universal shall have failed to cure the same within 5 days, or such shorter period as reasonably 

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

 19 

 required by DW, following DW’s written notice thereof to cure a breach) Universal fails to release
the DW Videograms pursuant to the plan on dates and for durations for the release of the DW Videograms approved by DW and with the content and materials provided by DW, except only if and to the extent that any changes are required to be made on an
immediate basis (i.e., during which Universal does not have sufficient time to obtain DW’s approval) due to censorship requirements and subject to customary force majeure events (provided, in the event of a delay caused by a force majeure
event, DW shall be permitted to render fulfillment services, or cause fulfillment services to be rendered, for such DW Videogram(s) as provided in Paragraph 2.C. above if DW reasonably determines that UPI will not be available to release the DW
Videograms as and when required by DW) and provided further that such alleged event or non-performance is attributable primarily to UPI’s actions or failures to act and not directly attributable to DW’s actions or failures to act.
UPI’s failure to meet plan shall not be attributable primarily to its actions or failures to act if DW’s plan is broadly inconsistent with past plans for comparable Videograms, for example, requiring an “art film” to be broadly
marketed and placed in a majority of retail video outlets in a particular country. 
  

	 	(ii)	DW may terminate this Exhibit B and/or Exhibit A if DW, in its sole discretion, determines that Universal and/or UPI rendering the fulfillment services will be more expensive with
respect to out-of-pocket costs (but not necessarily with respect to Service Fees) to DW than if DW were to render such services itself or through an affiliated entity provided that no such termination shall be effective unless all of the Preferred
and all accrued and unpaid cash and non-cash distributions thereon shall have been redeemed in cash in accordance with Section 8.01(a) of the LLC Agreement. 

  

	 	(iii)	 If DW believes that Universal has materially changed the manner in which it renders fulfillment services to DW or substantially alters the manner in which it
distributes its Videograms, and that such changes have or reasonably would be expected to have a material adverse impact on DW sales, costs and/or collection of revenues (any such event, a “Material Change”), then the following procedures
shall apply. DW shall notify Universal in writing of any such Material Change not later than 60 days after the date on which DW knew or should have known of such Material Change and the nature of the material adverse impact, in 

  

 20 

	 	 
sufficient detail and with reasonable support of the nature and extent of the impact. The parties shall promptly meet to discuss a remedy for such impact and
Universal shall have 30 days to suggest and begin implementation of a cure therefor. If the parties disagree about whether there has been a Material Change or whether an adequate cure has been suggested and/or effectuated, the matter shall be
submitted to expedited binding alternative dispute resolution following the procedures set forth in Paragraph XII.13 of the Master Agreement, but the timeframes for such proceeding shall be compressed so that the dispute resolution is concluded
within 45 days. If it is finally determined (including through appeal, if applicable) through the dispute resolution process that (i) there is an impact as the result of a Material Change that reduces DW’s net revenues by *** in the territory
in question, or by ***, whichever is less, and (ii) that the material adverse impact to DW has not and cannot be remedied, DW may terminate as to the affected country within a territory, region, or if the entire domestic or international territory
is affected, then DW may terminate Exhibit B in its entirety and, if it terminates Exhibit B, may also terminate Exhibit A provided that it must make such election(s) within 10 business days of such determination. If it is determined (by mutual
agreement of the Parties or through the dispute resolution process) that the material adverse impact can be effectively addressed by a cure Universal can effect, DW shall not have the right to terminate Exhibit B in its entirety (or the right to
terminate Exhibit A) under this subparagraph (iii) unless Universal fails promptly to commence and implement such cure within 30 days of the mutual agreement or final determination that through the dispute resolution process provided that DW must
make such election within 10 business days of the date on which DW is or should have become aware of such failure. If the General Counsel of Universal agrees in writing that a Material Change has occurred and that Universal cannot or will not cure
such Material Change, DW may terminate within 10 business days after receiving such written notice. The Parties have agreed that the changes in Brazil from the CIC joint venture to UPI was not an event that allows for

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

 21 

 termination of Exhibit B. DW may not after notice of its election to terminate Exhibit B and prior to
redemption in full of the Preferred in accordance with Section 8.01(a) of the LLC Agreement enter into any agreement which would have the effect of prohibiting or restricting its redemption of all of the Preferred in cash, together with all accrued
and unpaid cash and non-cash distributions. 
  

	 	(iv)	Notwithstanding anything to the contrary in the Master Agreement or this Exhibit B, a termination under this clause c. shall not be deemed a termination for cause of this Exhibit B,
Exhibit A or of the LLC Agreement. 

  

	 	d.	Termination Effects. 

  

	 	(i)	The parties acknowledge that if and to the extent DW terminates for cause Universal’s fulfillment services hereunder, subject to the next paragraph below, Universal shall not
be entitled to any Service Fee thereafter with respect to any terminated territory(ies) and/or DW Videograms (i.e., if DW terminates Universal’s fulfillment services hereunder with respect to a particular territory(ies) and/or DW Videogram(s),
Universal’s Service Fee will be calculated solely on Receipts attributable to other than such terminated territory[ies] and/or DW Videogram[s]). 

  

	 	(ii)	 Upon the effective termination or expiration of Universal’s right to provide fulfillment services (in whole or in part under this Exhibit B), DW shall have the
option, at its sole discretion, to elect to (i) require Universal to continue to render fulfillment services for any or all of the DW Videograms (subject to continuation of Service Fees on such DW Videogram[s]) as and for the duration of the initial
period (as determined by DW in its absolute discretion but not to exceed 180 calendar days following such expiration or effective termination date) of Videogram distribution, and during which Universal has committed to render fulfillment services as
provided in this Exhibit B and in those parts of the Territory, designated by DW in its absolute discretion, (ii) permit Universal to sell off its then-existing inventory of DW Videograms upon the same terms and conditions as provided herein for a
period not to exceed 180 calendar days following the date of expiration or effective termination hereof, (iii) require Universal to return its then-existing inventory of DW Videograms and all related materials to DW (such return to be at DW’s
cost and expense in the event of expiration, termination without 

  

 22 

	 	 
cause by DW or termination for cause by Universal, or at Universal’s cost and expense in the event of termination without cause by Universal or
termination for cause by DW), (iv) immediately destroy or demagnetize Universal’s then-existing inventory of DW Videograms, at Universal’s sole cost and expense, in which event Universal shall promptly (but in no event more than 10
business days following destruction or demagnetization) furnish DW with certificates of destruction or proof of demagnetization, as the case may be, or (v) any combination of the above. In addition, Universal shall promptly provide DW with a list of
all outstanding orders for the DW Videograms. On expiration or other effective termination of the Term, subject to Paragraph XII.2 of the Master Agreement, Universal will immediately execute such quitclaims and other documents as DW’s counsel
reasonably deems necessary or advisable to evidence the termination of all Universal’s rights with respect to some or all of the DW Videograms. Any disputes with respect thereto shall be resolved as set forth in the Master Agreement. In the
event no timely objection is made or such objection is resolved, and if Universal fails to execute immediately any document useful or necessary to effectuate the confirmation or implementation of the provisions hereof, DW shall be irrevocably
appointed as Universal’s attorney-in-fact for such purpose. It is acknowledged that said appointment power is coupled with an interest. 

  

	 	e.	Not later than the effective termination date of the term of this Exhibit B (or of Exhibit A), DW shall make a special termination fee payment to Universal (the “Special
Termination Fee”), which shall be due and payable in the event of a termination for any reason (i) prior to October 31, 2007, in the amount of ***, (ii) on and after October 31, 2007 and prior to April 30, 2010, in the amount of *** minus an
amount equal to *** times the number of full calendar months that have elapsed since October 31, 2007 ***, and (iii) on and after April 30, 2010, ***. The Parties acknowledge and agree that the Special Termination Fee is reasonable in light of the
circumstances at the time it was negotiated and agreed to, has been negotiated and agreed to as part of the Parties’ mutual expectation that Universal would continue as DreamWorks’ 

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

 23 

 theatrical distributor and home video fulfillment service provider through at least April 30, 2010, and
that in light of such expectation, Universal has extended certain terms to DW in the Agreement, including without limitation the Advance reduction in Paragraph VIII.3., and Universal has made or will make certain additional investments in reliance
on that expectation. In the event that, for any reason, the term of Exhibit A and Exhibit B or of either of them terminates prior to April 30, 2010, the losses and other adverse consequences to Universal would be considerable and difficult to
quantify, Universal’s ability to recoup its investments made in expectation of that term would be adversely affected, and the concessions made by Universal in this Agreement would be inequitable. A termination even for the purported breach or
other action or inaction of Universal would carry similar consequences, including significant costs and foregone opportunities, the costs of which the parties agree Universal should not bear and which would be difficult to calculate. In all
circumstances where either Exhibit A or Exhibit B terminates prior to April 10, 2010, the Special Termination Fee is a bargained for alternative. For purposes of clarity, only one Special Termination Fee in the relevant amount set forth above is due
on the termination of Exhibit A and/or Exhibit B prior to April 30, 2010 (e.g., if a Special Termination Fee has been paid pursuant to Exhibit A, no Special Termination Fee shall be payable on the simultaneous or subsequent termination of this
Exhibit B). In the event of a breach by Universal which is the basis for a termination of this Exhibit by DW, the payment to Universal pursuant to this Paragraph 7.e shall be without prejudice to DW’s right to recover damages from Universal in
accordance with this Exhibit B. 
  
 4. Clause (ii) in Paragraph
8.A. of Exhibit B is deleted and amended to read in full as follows, and all references to such clause (ii) in Exhibit B shall mean such clause (ii) as amended: “(ii) the services provided by any Subdistributor will be in the aggregate
substantially equivalent in quantity, level and priorities to the industry standard for subdistributors providing substantially similar services.” 
  

 24 

 5. Paragraph 2 of Schedule II of Exhibit B is deleted and amended to read in full as follows, and all
references to such Paragraph 2 shall mean such Paragraph 2 as amended: 
  
 2. Domestic Service Fees. 
  
 DW shall pay
Universal the following (in the order listed) domestic service fees (“Domestic Service Fee”) of an amount equal to: 
  

	 	a.	*** of 100% of Domestic Receipts paid to, or credited against uncontested outstanding sums owed to Universal, by DW in any contract year until Domestic Receipts equal ***;

  

	 	b.	*** of 100% of Domestic Receipts paid to, or credited against uncontested outstanding sums owed to Universal, by DW in any contract year from the point that Domestic Receipts exceed
*** until Domestic Receipts equal ***; and 

  

	 	c.	*** of 100% of Domestic Receipts paid to, or credited against uncontested outstanding sums owed to Universal, by DW in any contract year from the point that Domestic Receipts
exceed*** 

  

	 	d.	In no event shall the Domestic Service Fee be less favorable to DW than the service fees paid to or retained by Universal and/or UPI in connection with Universal’s (or
UPI’s) overall domestic fulfillment services in connection with Videograms produced by any party other than an affiliate of Universal, it being agreed that for the purpose of determining whether Universal and UPI have complied with this
“favored nations” assurance, Universal’s or UPI’s receipt of a service fee plus any other consideration (in any form, e.g. non-monetary consideration such as other rights granted to Universal or UPI at the time) shall be taken
into account, so that the determination is an “apples-to-apples” comparison, as much as possible and, in any event, one-picture deals shall be excluded. 

  

	 	e.	Notwithstanding the foregoing, if a Payment Default (as defined in the Master Agreement) exists, for the period of time commencing 15 days after the date the relevant payment is due
to the date such Payment Default is paid in full, each Domestic Service Fee percentage then in effect shall be increased by ***. This Domestic Service Fee adjustment shall apply separately to each Payment Default (i.e., in the event of two different
Payment Defaults, each Domestic Service Fee percentage would increase by ***) provided that the maximum increase hereunder shall be *** and shall decrease on the date the applicable Payment Default is paid in full (e.g., if there are two Payment
Defaults and one is cured, on the date of such cure one *** distribution fee increase shall terminate). 

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

 25 

 Paragraph 5 of Schedule II of Exhibit B is deleted and amended to read in full as follows, and all references to such
Paragraph 5 shall mean such Paragraph 5 as amended: 
  
 5.
Foreign Service Fees. 
  
 DW shall pay Universal the
following (in the order listed) foreign service fees (“Foreign Service Fee”) of an amount equal to: 
  

	 	a.	*** of 100% of Foreign Receipts paid to, or credited against uncontested outstanding sums owed by, DW in any contract year until Foreign Receipts equal ***;

  

	 	b.	*** of 100% of Foreign Receipts paid to, or credited against uncontested outstanding sums owed by, DW in any contract year from the point that Foreign Receipts exceed *** until
Foreign Receipts equal ***; and 

  

	 	c.	*** of 100% of Foreign Receipts paid to, or credited against uncontested outstanding sums owed by, DW in any contract year from the point that Foreign Receipts exceed ***.

  

	 	d.	In no event shall the Foreign Service Fee be less favorable to DW than the service fees paid to or retained by Universal and/or UPI in connection with Universal’s (or
UPI’s) overall foreign fulfillment services in connection with Videograms produced by any party other than a Universal affiliate, it being agreed that for the purpose of determining whether Universal and UPI have complied with this
“favored nations” assurance, Universal’s or UPI’s receipt of a service fee plus any other consideration (in any form, e.g. non-monetary consideration such as other rights granted to Universal or UPI at the time) shall be taken
into account, so that the determination is an “apples-to-apples” comparison, as much as possible and in any event, one-picture deals shall be excluded. 

  

	 	e.	Notwithstanding the foregoing, if a Payment Default exists, for the period of time commencing 15 days after the date the relevant payment is due to the date such Payment Default is
paid in full, each Foreign Service Fee percentage then in effect shall be increased by ***. This Foreign Service Fee adjustment shall apply separately to each Payment Default (i.e., in the event of two different Payment Defaults, each Foreign
Service Fee percentage would increase by ***) provided that the maximum increase hereunder shall be *** and shall decrease on the date the applicable Payment Default is paid in full (e.g., if there are two Payment 

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

 26 

 Defaults and one is cured, on the date of such cure one *** distribution fee increase shall terminate).

  
 6. Employees. 
  

	 	a.	Paragraph 1.E. of Exhibit FS to Exhibit B to the Master Agreement is deleted and amended to read in full as follows, and all references to such Paragraph 1.E. shall mean such
Paragraph 1.E. as amended: 

  
 E. Staffing -
Commitment to adequately staff with dedicated and shared personnel to effectively service the size and scope of DW’s Videogram business. Fully dedicated or primarily dedicated staffing shall consist of those positions set forth on Schedule 1.E
attached hereto, subject to the remainder of this Paragraph 1.E. and except as mutually agreed otherwise. Notwithstanding the foregoing, Universal and DW agree that domestic Product Development, worldwide Promotions, Publicity/Special Events, Media
Buys, and Retail Marketing, and international Research shall be performed by DW. Universal shall remit to DW the amount of *** per year (pro rated for partial years), as a deduction from Universal’s expenses, *** on a quarterly basis until
March 31, 2004. On and after April 1, 2004, for so long as DW employs persons to fill the two positions identified on Schedule 1.E. as the head of domestic marketing (SVP Marketing/Sales) and the head of domestic sales positions (Sales VP),
Universal shall remit to DW the amount of *** per year (pro rated for partial years), and up to *** per year (which shall reflect the actual market rate for such two hires)(pro rated for partial years and which shall be adjusted for inflation on a
yearly basis), as a deduction from Universal’s expenses, which amounts shall be payable *** per quarter. 
  
 “Primarily dedicated” employees shall mean employees who shall in any situation where they do not have adequate time for all their duties, place
all duties for DW prior to any other duties. 
  
 Schedule 1.E.
contemplates that certain changes in staffing will occur; however, the parties have agreed that certain of such changes will be subject to a “trial period.” For each change that is subject to a trial period, the parties have agreed that
Universal’s proposals of October 2003 regarding headcount and operating structure shall be implemented initially rather than the changes for 

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

 27 

 that position reflected on Schedule 1.E. If, however, after the implementation of the Universal proposal
DW determines that the proposal is not effectively staffing the DW Videogram business, in whole or in part, DW shall notify Universal in writing of the positions affected and the portion(s) of Schedule 1.E. to be instituted. If, 30 days after such
notice, the parties have not come to an agreement that the issues have been otherwise resolved, Universal shall be required to implement the portions of Schedule 1.E. specified in the notice as expeditiously as is practicable. 
  
 If any of the foregoing employees referenced in this Paragraph 1.E. are not
needed to service DW Videograms, either in whole or in part, such employee capacity can be used by Universal. In addition, commencing April 1, 2005, Universal shall be entitled to review, at the beginning of each quarter, on a rolling 12-month
basis, whether the augmented staff levels set forth above (including in Schedule 1.E.) are required given the historical and expected DW revenues, it being acknowledged and agreed by the parties that if Domestic Receipts and Foreign Receipts
collected by Universal have not increased above 2003 levels, or (if they have risen) have reduced to 2003 levels, such employee service levels are not required to be maintained, it being understood and agreed that a decrease only in one area (e.g.
Domestic Receipts) shall be considered independently from the other area and can result in a decrease in staffing in only that area. None of these new employees or staffing changes will change the allocation of duties as between DW and Universal set
forth in this Agreement except as expressly set forth above (including Schedule 1.E.). 
  

	 	VI.	Amblin Projects 

  
 Exhibit C, which is by this reference incorporated herein, shall refer to the agreement dated as of June 14, 1995 between DW and Universal regarding the
disposition of certain assets of Amblin’ Entertainment and related and miscellaneous issues, as more specifically set forth therein. 
  

	 	VII.	Theme Park Rights 

  
 Exhibit D, which is by this reference incorporated herein, shall refer to the letter agreement dated as of July 31, 1995 between DW and Universal
regarding the utilization of certain DW projects as the basis for theme park and other attractions, as more specifically set forth therein. Notwithstanding the foregoing or anything in this Master Agreement to the contrary, Paragraph 9 of Exhibit D
of the Master Agreement shall govern the assignment of such Exhibit D agreement. 
  

 28 

	 	VIII. 	Advance 

  
 1. Additional Definitions. 
  
 “Advance Amount” at any time of determination, shall be equal to the Advance, plus all Universal Adjustments, less all DW Adjustments and less
the advance adjustment effected under Paragraph VIII.3, if and when such adjustment occurs. 
  
 “Advance Maximum Amount” shall mean (i) until the NBC Closing, ***, and (ii) on and after the NBC Closing, ***. 
  
 “Aggregate Expenses” shall equal the sum of (x) Distribution Expenses (as defined in Exhibit A) and (y) Service Expenses (as defined in Exhibit
B). 
  
 “Aggregate Fees” shall equal the sum of (x)
Distribution Fees (as defined in Exhibit A) and (y) Service Fees (as defined in Exhibit B). 
  
 “Aggregate Receipts” shall equal the sum of (x) Gross Receipts (as defined in Exhibit A) and (y) Service Receipts (as defined in Exhibit B). 
  
 “Animation Advance Amount” at any time of determination, shall be equal to the Initial Animation Advance, plus all
Universal Animation Adjustments, less all DW Animation Adjustments. 
  
 “Animated Pictures” shall mean any theatrical motion picture in which a substantial portion of the characters, creatures and environments are created using animation techniques, including those techniques commonly referred to as
traditional hand-drawn animation, stop motion animation, claymation, computer-generated animation or a similar or new method of animation now known or hereafter devised; provided, however, that a theatrical motion picture shall not be deemed an
Animated Picture solely (i) because parts of its action are created by animation intended to appear as live action, (ii) due to the inclusion of incidental animation, or (iii) because it contains limited amounts of animation presented in conjunction
(whether or not in the same frame) with live action (e.g., “Who Framed Roger Rabbit” would not be an Animated Picture). 
  
 “Animation Pipeline Estimate” as of the end of any fiscal quarter shall be equal to a commercially reasonable estimate, based on revenue figures
in ultimates, of Aggregate Receipts in the Territory for (i) Sinbad (to the extent Distributor or FSP has been granted rights thereto pursuant to the Agreement) and (ii) for all other Animated Pictures for which Distributor or FSP has been granted
rights pursuant to the Agreement (a) which had their initial public release (whether in theatres in the Domestic Territory or 

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 29 

 the Foreign Territory, on home video or otherwise) prior to the end of such quarter (“Animation Pipeline Released
Pictures”) and on or after November 1, 2003, and (b) which are not Animated Pictures ultimates for which are included in the Pipeline Estimate, and (c) that were placed in production or pre-production (using estimates based on breakeven
ultimates for such Pictures after capitalized interest and overhead) prior to the end of such quarter (provided that, with respect to any Picture described in clause (c), DW shall (I) be firmly committed to the production of such Picture, without
any third party conditions, (II) have approved the preliminary budget and screenplay for such Picture, and (III) have reasonably scheduled such Animated Picture for initial domestic theatrical release within 18 months of the last day of such
quarter) less (x) Aggregate Fees which would be retained by Distributor and FSP based on such estimated Aggregate Receipts, (y) estimated Aggregate Expenses attributable to such Animated Pictures and (z) Aggregate Receipts for such Animated Pictures
actually paid to DW by Distributor and FSP prior to the end of such quarter. For further clarity, once an Animated Picture has had its initial public release, it shall only be factored in clause (ii)(a) above and shall no longer be factored in
clause (ii)(c). DW’s independent auditors will certify that the ultimates for Animated Pictures referred to in clause (ii)(a) above and for Sinbad are the same figures used to prepare and review DW’s quarterly, and prepare and audit
DW’s annual, financial statements for the applicable fiscal period. 
  
 “Pipeline Estimate” as of the end of any fiscal quarter shall be equal to a commercially reasonable estimate, based on revenue figures in ultimates, of Aggregate Receipts in the Territory for all Pictures
for which Distributor or FSP has been granted rights pursuant to the Agreement (a) which had their initial public release (whether in theatres in the Domestic Territory or the Foreign Territory, on home video or otherwise) prior to the end of such
quarter (“Pipeline Released Pictures”), (b) which are Animated Pictures which had their initial public release prior to November 1, 2003 (other than Sinbad), and (c) that were placed in production or pre-production (using estimates based
on breakeven ultimates for such Pictures after capitalized interest and overhead) prior to the end of such quarter (provided that, with respect to any Picture described in clause (c), DW shall (i) be firmly committed to the production of such
Picture, without any third party conditions, (ii) have scheduled principal photography to commence within eight weeks of such quarter-end, (iii) have binding commitments from the director and two principal cast members for such Picture and (iv) have
approved the preliminary budget and screenplay for such Picture) less (x) Aggregate Fees which would be retained by Distributor and FSP based on such estimated Aggregate Receipts, (y) estimated Aggregated Expenses attributable to such Pictures and
(z) Aggregate Receipts for such Pictures actually paid to DW by Distributor and FSP prior to the end of such quarter. For further clarity, once a Picture has had its initial public release, it shall only be factored in clause (a) above and shall no
longer be factored in clause (c). DW’s independent auditors will certify that the ultimates for Pictures referred to in clause (a) above are the same figures used to prepare and review DW’s quarterly, and prepare and audit DW’s
annual, financial statements for the applicable fiscal period. 
  

 30 

 “Pipeline Required Amount” shall mean (i) until the NBC Closing, ***, and (ii) on and after the
NBC Closing, ***. 
  
 “Termination Date” shall mean the
date either or both of Exhibit A or Exhibit B terminates, for any reason, or expires. 
  
 2. Outstanding Advance. Effective as of the Restatement Effective Date, the Advance is in the stated amount of *** (the “Advance”). 
  
 3. Advance Adjustment. Effective as of the consummation of the transactions contemplated by the Business Combination
Agreement dated as of October 8, 2003 by and among GE, National Broadcasting Holding, Inc., National Broadcasting Company Inc., Vivendi Universal S.A. and Universal Studios Holding III Corp. (the “NBC Closing”), *** of the Advance shall be
forgiven and the stated amount of the Advance shall be ***. 
  
 4.
Further Advance Adjustments. Not later than 45 days following the end of each of the first three fiscal quarters of DW (commencing with the fiscal quarter ending March 31, 2002) and 90 days following the end of each fiscal year-end of DW
(commencing with the fiscal year ending December 31, 2002) (each, an “Estimate Date”), DW shall deliver to Universal a schedule containing DW’s good faith estimate of the Pipeline Estimate as of such Estimate Date (the “Periodic
Pipeline Schedule” and, collectively the “Pipeline Schedules”), including reasonably detailed supporting documentation for such computation. Within 5 business days following each Estimate Date: 
  

	 	(i)	if the Pipeline Estimate in respect of such Estimate Date is less than the Pipeline Required Amount and less than the Pipeline Estimate in respect of the most recent preceding
Estimate Date (or the Initial Estimate Date, in the case of the first Estimate Date), DW shall pay Universal in cash by wire transfer in immediately available funds an amount (a “DW Adjustment”) equal to *** of the difference between (x)
the lesser of (A) the Pipeline Required Amount and (B) the Pipeline Estimate in respect of the most recent preceding Estimate Date, and (y) the Pipeline Estimate on such Estimate Date; or 

  

	 	(ii)	if the Pipeline Estimate in respect of such Estimate Date is greater than the Pipeline Estimate in respect of the most recent preceding Estimate Date (or the Initial Estimate Date,
in the case of the first Estimate Date) and the Pipeline 

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 31 

 Estimate in respect of such preceding Estimate Date was less than the Pipeline Required Amount, Universal
shall pay DW (a “Universal Adjustment”) in cash by wire transfer in immediately available funds an amount equal to *** of the difference between (x) the lesser of (A) the Pipeline Required Amount and (B) the Pipeline Estimate in respect of
such Estimate Date and (y) the Pipeline Estimate on the most recent preceding Estimate Date provided in no instance under this Agreement shall Universal be required to have outstanding as an advance to DW more than the Advance Maximum Amount, or to
make any payment in respect of a Universal Adjustment if DW is then in default under its bank agreements or there is a Payment Default. 
  
 5. Animation Advance and Adjustments. On the Restatement Effective Date, DW shall deliver to Universal a schedule containing DW’s good faith
computation of the Animation Pipeline Estimate for the most recently ended fiscal quarter (the “Initial Animation Pipeline Schedule”), including reasonably detailed supporting documentation for such computation. Within five business days
following the delivery to Universal of the Initial Animation Pipeline Schedule (the date such payment is made, the “Initial Animation Advance Payment Date”), provided DW is not then in default under its bank agreements and no Payment
Default exists, Universal shall advance to DW by wire transfer in immediately available funds an amount (the “First Animation Advance”) in cash equal to the lesser of (x) *** and (y) *** of the Animation Pipeline Estimate in the Initial
Animation Pipeline Schedule. On the later of the Restatement Effective Date and February 28, 2004, provided DW is not then in default under its bank agreements, no Payment Default exists, and DW has provided an Animation Pipeline Schedule for the
fiscal quarter ended December 31, 2003, Universal shall advance to DW by wire transfer in immediately available funds an amount in cash which, together with the First Animation Advance, equals the lesser of (x) *** and (y) *** of the Animation
Pipeline Estimate for the fiscal quarter ended December 31, 2003 (such amount, together with the First Animation Advance, the “Initial Animation Advance”). Not later than 45 days following the end of each of the first three fiscal quarters
of DW (commencing with the fiscal quarter ending December 31, 2003 or, if later, the first fiscal quarter ended after the Restatement Effective Date) and 90 days following the end of each fiscal year-end of DW (commencing with the fiscal year ending
December 31, 2003 unless the Restatement Effective Date is after December 31, 2003 in which case commencing with the fiscal year ending December 31, 2004) (each, an “Animation Estimate Date”), DW shall deliver to Universal a schedule
containing DW’s good faith estimate of the Animation Pipeline Estimate as of such Estimate Date (the “Periodic Animation Pipeline Schedule” and, collectively with the Initial Animation Pipeline 

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 32 

 Schedule, the “Animation Pipeline Schedules”), including reasonably detailed supporting documentation for such
computation. Within 5 business days following each Animation Estimate Date: 
  

	 	(i)	if the Animation Pipeline Estimate in respect of such Animation Estimate Date is less than *** and less than the Animation Pipeline Estimate in respect of the most recent preceding
Animation Estimate Date (or the Initial Animation Estimate Date, in the case of the first Animation Estimate Date), DW shall pay Universal in cash by wire transfer in immediately available funds an amount (a “DW Animation Adjustment”)
equal to *** of the difference between (x) the lesser of (A) *** and (B) the Animation Pipeline Estimate in respect of the most recent preceding Animation Estimate Date, and (y) the Animation Pipeline Estimate on such Animation Estimate Date; or

  

	 	(ii)	if the Animation Pipeline Estimate in respect of such Animation Estimate Date is greater than the Animation Pipeline Estimate in respect of the most recent preceding Animation
Estimate Date (or the Initial Animation Estimate Date, in the case of the first Animation Estimate Date) and the Animation Pipeline Estimate in respect of such preceding Animation Estimate Date was less than *** Universal shall pay DW (a
“Universal Animation Adjustment”) in cash by wire transfer in immediately available funds an amount equal to *** of the difference between (x) the lesser of (A) *** and (B) the Animation Pipeline Estimate in respect of such Animation
Estimate Date and (y) the Animation Pipeline Estimate on the most recent preceding Animation Estimate Date provided in no instance under this Agreement shall Universal be required to have outstanding as an Animation Advance to DW more than ***
(prior to the later of the Restatement Effective Date and February 28, 2004) or *** (on and after the later of the Restatement Effective Date and February 28, 2004) or to make any payment in respect of a Universal Animation Adjustment if DW is then
in default under its bank agreements or there is a Payment Default. 

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 33 

 6. Dispute Resolutions. 
  

	 	a.	If Universal delivers written notice to DW setting forth a description of Universal’s objections to any Pipeline Estimate or Animation Pipeline Estimate, and the amount of the
adjustment that Universal believes should be made to each item in respect of such objection (an “Objection Notice”) no later than ten days following receipt of such Pipeline Estimate or Animation Pipeline Estimate (and associated
supporting documentation), the Parties hereto shall follow the resolution procedure described below. 

  

	 	b.	No later than ten days following receipt of an Objection Notice, the Designated Officer of each of DW and Universal shall meet and negotiate in good faith to resolve any items set
forth in the Objection Notice. “Designated Officer” shall mean its chief financial officer, in the case of DW and its Chief Financial Officer, in the case of Universal, or such other senior executive of such Party as shall be reasonably
acceptable to the other Party. 

  

	 	c.	If the Designated Officers are unable to resolve all the objections set forth in any Objection Notice within ten days, they shall jointly appoint Houlihan Lokey Howard & Zukin
(the “Neutral Expert”) within three business days after the end of such ten-day period. The Neutral Expert, acting as experts and not as arbitrators, shall review the objections set forth in the Objection Notice which were not resolved
pursuant to the procedure in clause (b) above. The Neutral Expert shall determine, based on the requirements set forth in this Agreement and only with respect to objections submitted to the Neutral Expert, whether and to what extent the applicable
Pipeline Estimate or Animation Pipeline Estimate requires adjustment. Universal and DW shall each pay 50% of the fees and disbursements of the Neutral Expert in respect of such engagement. Universal and DW shall, and shall cause their
representatives to, provide to the Neutral Expert full cooperation. The Neutral Expert’s resolution shall be conclusive and binding upon the Parties. 

  

	 	d.	The Pipeline Estimate or Animation Pipeline Estimate, as applicable, for any quarter shall be deemed to reflect any objections thereto resolved pursuant to the foregoing procedure
and any necessary adjustment to the amount of the Advance or Animation Advance, as applicable, resulting from such resolution shall be made within 5 days in accordance with the procedures of Paragraphs VIII.4 and VIII.5 above.

  

	 	e.	 Notwithstanding the foregoing, Universal shall not be entitled to deliver an Objection Notice and trigger the procedures described 

  

 34 

	 	 
above if any Pipeline Estimate or Animation Pipeline Estimate provided by DW reflects (solely for Pipeline Released Pictures or Animation Pipeline Released
Pictures, as applicable) (i) as to the Pipeline Estimate, a Pipeline Estimate greater than or equal to *** prior to the NBC Closing and after the NBC Closing, a Pipeline Estimate greater than or equal to ***, or (ii) as to the Animation Pipeline
Estimate, greater than or equal to ***. 

  

	 	f.	In the event that the NBC Closing does not occur on or before October 8, 2004, DW and Universal acknowledge and agree that they will come to a mutually satisfactory alternative
arrangement as to the advance adjustment described in Paragraph VIII.3 above (and corollary changes, e.g., to definitions and other provisions of this Agreement). 

  
 7. Additional Payment Obligation. 
  

	 	a.	On the last day of each fiscal quarter and on the first Termination Date, through and including the last day of the fiscal quarter in which the Advance and Animation Advance are
both repaid in full (each such date, a “Payment Date”), DW shall pay to Universal by wire transfer in immediately available funds an amount in cash equal to (i) the Additional Amount (as defined below) for each date from and including the
preceding Payment Date until but excluding such Payment Date, and (ii) the Animation Additional Amount (as defined below) for each date from and including the preceding Payment Date (or if none the Initial Animation Advance Payment Date) until but
excluding such Payment Date. In addition, all accrued and unpaid Additional Amounts or Animation Additional Amounts shall accrue (y) until the NBC Closing at a rate of *** per year and (z) on and after such NBC Closing shall accrue at a rate of ***
per year. For purposes hereof, (I) the “Additional Amount” means an amount equal to an annualized rate on the Advance Amounts outstanding from time to time of *** per year until the NBC Closing, and on and after the date of such NBC
Closing means an amount equal to an annualized rate on the Advance Amounts outstanding of *** per year, and (II) the “Animation Additional Amount” means an amount equal to an annualized rate on the Animation Advance Amount outstanding from
time to time of *** until the NBC Closing, and on and after the date of such NBC Closing means an amount equal to an 

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 35 

 annualized rate on the Animation Advance Amount of *** per year. Without limitation of its other rights
and remedies hereunder, Universal shall be entitled to set off and apply an amount equal to any DW Adjustment if not paid when due and/or any accrued but unpaid Additional Amounts or Animation Additional Amounts not paid when due against, and recoup
such DW Adjustment amount, Additional Amounts or Animation Additional Amounts from, any amounts owed to DW in accordance with the Agreement; provided, however, that any DW Adjustment or Additional Amounts may be recouped only against Aggregate
Receipts for Pictures other than Animated Pictures, and that any DW Animation Adjustment or Animation Additional Amounts may be recouped only against Aggregate Receipts for Animated Pictures. 
  

	 	b.	Not later than sixty (60) days after (i) December 31 of each calendar year which ends on or after December 31, 2006 and during the Term of Exhibit A or Exhibit B, and (ii) the end
of the Term of Exhibit A or Exhibit B (if such Term ends after December 31, 2006 other than on the last day of a year), the cumulative Aggregate Fees paid to Universal since January 1, 2006 through the end of such calendar year or end of the Term of
Exhibit A or Exhibit B, as applicable, shall be calculated. Each such calculation shall be an “Interest Credit Calculation” and the period covered by such Interest Credit Calculation is the “Interest Credit Calculation Period.”

  

	 	(i)	If at the time of any Interest Credit Calculation, the cumulative Aggregate Fees for the relevant Interest Credit Calculation Period are in excess of the product of *** times the
number of calendar years in such Interest Credit Calculation Period (including any partial year in the case of a termination other than at the end of a calendar year) (such amount for the relevant Interest Credit Calculation Period, the
“Interest Threshold Amount”), the amount in excess of the Interest Threshold Amount (less any amount of such excess previously credited pursuant to this Paragraph VIII.7.b. and not previously repaid) shall be credited on a dollar for
dollar basis against Additional Amounts and Animation Additional Amounts (collectively, “AAA Amounts”) paid or payable during the applicable Interest Credit Calculation Period (the amount of any such credit 

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 36 

 determined as a result of the foregoing is the “Interest Credit”). Notwithstanding the
foregoing, the maximum aggregate amount of all Interest Credits which can be earned under this Paragraph VIII.7.b. shall not exceed the Interest Credit Cap. The “Interest Credit Cap” is a dollar amount equal to *** per annum of the
Advances outstanding from time to time during the relevant Interest Credit Calculation Period. 
  

	 	(ii)	If at the time of any Interest Credit Calculation any Interest Credits are outstanding (i.e., have previously been made and not reversed), and the cumulative Interest Credit
determined for such Interest Credit Calculation Period is less than the cumulative Interest Credit determined for the immediately preceding Interest Credit Calculation Period (or, no Interest Credit is available under the most recent Interest Credit
Calculation), DW shall be entitled to retain only that amount of outstanding Interest Credits, if any, also available under the most recent Interest Credit Calculation and shall repay to Universal (in addition to any other AAA Amounts due and
payable at such time) an amount equal to the difference between the Interest Credit (if any) calculated for the most recent Interest Credit Calculation Period and the Interest Credit previously credited for the immediately preceding Interest Credit
Calculation Period. 

  
 By way of illustration of this Paragraph
VIII.7.b.: 
  

	 	•	 	If as shown in Interest Credit Calculation for the Interest Credit Calculation Period ended December 31, 2006, Universal has received *** in Aggregate Fees for such Interest Credit
Calculation Period, DW would be entitled to a *** Interest Credit against the 2006 AAA Amount. This would either be credited against any 2006 AAA Amount payable to Universal or if all such AAA Amounts have already been paid, Universal would repay
*** to DW. (Since the *** Interest Credit would not exceed the Interest Credit Cap, the entire *** is available.) 

  

	 	•	 	If as shown in the Interest Credit Calculation for the Interest Credit Calculation Period ended December 31, 2007, Universal has 

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 37 

 received the *** in cumulative Aggregate Fees for such Interest Credit Calculation Period, the ***
Interest Credit previously received for the Interest Credit Calculation Period ended December 31, 2006 would be reversed and DW would pay Universal *** corresponding to such reversal, in addition to all AAA Amounts due in 2007. 
  

	 	•	 	If as shown in the Interest Credit Calculation for the Interest Credit Calculation Period ended December 31, 2008, Universal has received *** in cumulative Aggregate Fees for such
Interest Credit Calculation Period, DW would be entitled to a *** Interest Credit against AAA Amounts paid or payable by DW for 2008 and against previous years’ AAA Amounts to the extent necessary, but subject in all cases to the Interest
Credit Cap. 

  
 8. Repayment of Advance Amount,
Animation Advance Amount, Additional Amounts, Animation Additional Amounts. The Advance Amount, the Animation Advance Amount, plus all accrued and unpaid AAA Amounts shall become immediately due and payable upon the date (the “Due
Date”) which is the earliest to occur of (x) the first Termination Date, (y) December 31, 2010 and (z) the 90th day after a Payment Default (if such Payment Default has not been cured by such date). Following the Due Date, Universal shall have
no further obligations to DW in respect of this Paragraph VIII. provided if the Due Date arises as a result of the preceding clause (z) and the Payment Default is subsequently cured in full, Universal’s obligations to make Advances to DW under
this Paragraph VIII. shall be reinstated. Upon (a) notification by either DW or Universal to the other Party of such Party’s intention to terminate either Exhibit A or Exhibit B in accordance with its respective terms, (b) the expiration or
termination of any Agreement Module in accordance with its terms prior to the stated expiration date of December 31, 2010, or (c) the Due Date, then Universal shall be entitled to set off and apply the Advance Amount, Animation Advance Amount, plus
any accrued but unpaid Additional Amounts or Animation Additional Amounts against, and recoup the Advance Amount, Animation Advance Amount, Additional Amounts and Animation Additional Amounts from, any amounts owed to DW in accordance with the
Agreement, provided that in no instance shall Universal be entitled (i) to recoup Advance Amounts or Additional Amounts from Aggregate Receipts for Animated Pictures included in the Animated Pipeline Estimate, or (ii) to recoup Animated Advance
Amounts or Animation Additional Amounts from Aggregate Receipts for Pictures included in the Pipeline Estimate. Any remaining Advance Amount, Animation Advance Amount, Additional Amounts, and Animation Additional Amounts after giving effect to such
application shall, upon Universal’s election (in its sole discretion), convert into 

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 38 

 shares representing Preferred at a price of *** per share. Any such amounts that Universal does not elect to convert to
equity pursuant to the foregoing sentence shall continue to be due and payable and shall continue to accrue Additional Amounts or Animation Additional Amounts, as applicable. 
  
 Notwithstanding the foregoing, if both Exhibit A and Exhibit B expire at their stated expiration date of December 31, 2010
(and only in such case)(the “Special Repayment Case”), *** of the Advance outstanding on such date and *** of the Animation Advance outstanding on such date shall be due and payable June 30, 2011 together with all Additional Amounts and
Animation Additional Amounts accrued with respect thereto, and the remaining Advance and the remaining Animation Advance shall be payable December 31, 2011, together with all Additional Amounts and Animation Additional Amounts accrued with respect
thereto. In the Special Repayment Case, Universal shall be entitled to set off the Advance, Animation Advance, Additional Amount and Animation Additional Amounts against, or recoup such amounts from the amounts owed to DW under this Agreement only
against amounts received by Universal after December 31, 2010 and to the extent such amounts are recouped through the set off, shall reduce DW’s payment obligations under the preceding sentence. (Notwithstanding the foregoing, in no instance
shall Universal be entitled (i) to recoup Advance Amounts or Additional Amounts from Aggregate Receipts for Animated Pictures included in the Animated Pipeline Estimate, or (ii) to recoup Animated Advance Amounts or Animation Additional Amounts from
Aggregate Receipts for Pictures included in the Pipeline Estimate.) Unless and until the Advance, Animation Advance, Additional Amounts and Animation Additional Amounts are recouped or repaid in full, Universal shall retain all distribution and
fulfillment rights it holds as of December 31, 2010 to Pictures then in release (theatrically or as Videograms) or revenues for which have been in either the Pipeline Estimate or the Animation Pipeline Estimate prior to December 31, 2010. In the
Special Repayment Case, DW shall have the right but not the requirement after December 31, 2010, to prepay all or any portion of the Advance Amount, Animation Advance Amount, Additional Amounts and Animation Additional Amounts and on the payment in
full of all such amounts (whether by prepayment, set off, or payment) all of Universal’s distribution and fulfillment rights under Exhibit A and Exhibit B shall terminate. 
  

	 	IX.	Media Buys 

  
 Until the later of (x) completion of all distribution by Distributor pursuant to Exhibit A and (y) completion of all Fulfillment Services by FSP pursuant
to Exhibit B (the “Post-Term Period”), Universal shall cooperate with, and consult with DW on such Media purchases as DW may require from time-to-time, with the intent that to the extent not inconsistent with Universal’s agreements
(and without detriment to Universal (e.g., Universal is not required to make limited Media space available to DW which Universal 

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 39 

 intends to utilize for its own purposes)), Universal will attempt to permit DW to utilize Universal’s Media rates
(net of all discounts, rebates and adjustments) for such Media to the extent such rates are better than DW’s rates. Universal shall have no obligation under this Paragraph IX. to provide services to DW, including in connection with identifying
such potential opportunities or making any Media buys, or to bear any costs in connection therewith. If DW has the opportunity to utilize Universal’s Media rates, DW shall bear all costs in connection therewith. Media includes: all television
(e.g. network, cable, syndication and spot); radio (e.g., network and spot); print such as newspaper advertisements, cable guides, magazines, periodicals, circulars, college print, military print; outdoor such as billboards, bus shelters, bus sides,
phone kiosks, premiere squares; trade publications; internet and new media as they evolve. 
  

	 	X.	Film Library; Transfer of Pictures, DW Reorganization 

  

	 	a.	Film Library Assets. It is the general understanding of the Parties that until all of the Agreement Modules have been terminated in accordance with their respective terms, DW will
notify Universal in advance of entering into substantive negotiations concerning a transaction in which a third party would acquire all or a substantial portion of DW’s film library (or a controlling equity interest therein); provided, however,
that the foregoing shall not apply to any proposed transaction involving the acquisition of *** or more of the equity interests in DW or significant assets of DW in addition to its film library assets. 

  

	 	b.	Transfer of Pictures; DW Reorganization. Notwithstanding anything to the contrary in this Agreement, but subject to the last sentence of this subsection X.b., if revenues from
theatrical distribution of, or from Videogram distribution of, a Picture have been included in either the Pipeline Advance or the Animation Pipeline Advance, Universal’s rights under Exhibit A and Exhibit B to distribute such Pictures and to
provide fulfillment services for any Videograms for such Pictures shall survive any transfer of any rights in such Picture to any Person (including any Affiliate). For purposes of clarity, DW may transfer a Picture, or any rights therein, provided
any such transfer shall not abrogate, impair or adversely affect, the rights to distribute or provide fulfillment services which Universal holds under this Agreement. If a Picture or any rights to receive revenues from a Picture under this Agreement
are transferred, the transferee shall expressly acknowledge in writing Universal’s rights to distribute and provide 

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 40 

 fulfillment services in accordance with this Agreement (a “Subject Picture Transfer”). DW shall
notify Universal of each Subject Picture Transfer not later than 30 days after consummation of such Subject Picture Transfer, and deliver therewith the transferee’s written acknowledgement referenced in the prior sentence. Universal shall
continue to be entitled to deal solely with, and rely on DW’s instructions and directions in respect of any Pictures or Videograms covered by a Subject Picture Transfer. In the event that DW reorganizes or restructures in a way which includes
the transfer of portions of its film business to another entity which is an Affiliate of DW, such entity (and its pictures and videograms) shall be subject to Exhibit A and Exhibit B, respectively, to the same extent as such pictures and videograms
would have been had DW had rights to such pictures and videograms and the transferee acknowledges in writing Universal’s rights to distribute in accordance with this Agreement (an “Affiliate Picture Transfer”). DW shall notify
Universal of each Affiliate Picture Transfer not later than 30 days after consummation of such Affiliate Picture Transfer, and deliver therewith the transferee’s written acknowledgement referenced in the prior sentence. Universal acknowledges
that the provisions of this subsection X.b. do not restrict DW’s rights to exclude either the Japan or the “German Territory” in accordance with this Agreement, or DW’s right to self-distribute or to otherwise transfer, assign or
license rights in and to any Picture where and to the extent UIP declines to distribute such Picture, or to exercise other express rights set forth in this Agreement pursuant to which DW may distribute Pictures or provide fulfillment services
itself. 
  

	 	XI.	Additional Services 

  
 During the Term and the Post-Term Period, DW and Universal will work together to reduce overhead of both companies through the provision of common
services as may be mutually agreed from time to time, provided that neither party shall be under any obligation to agree to any agreement related to or designed to reduce overhead, and the terms of any agreement which the parties do enter into
related to the reduction of overhead shall be within each party’s sole discretion and control. 
  

	 	XII.	Miscellaneous Provisions 

  
 1. Conflicting Provisions: In the event of a conflict between anything contained in this Master Agreement and any provisions contained elsewhere in
the Agreement, this Master Agreement shall control. 
  
 2.
Further Acts and Documents: The Parties each will perform such other and further acts and execute, acknowledge and deliver such other and further documents to evidence their respective rights and obligations under the Agreement as 

  

 41 

 
may reasonably be necessary or appropriate to carry out the intent hereof. Such documents shall be provided, or such acts taken, promptly upon the receipt of
written notice thereof given in accordance with the provisions of Paragraph XII.20 below, unless the Party of whom such request is made submits, within ten (10) business days (or, if specified in such written notice, such shorter period as
exigencies require) following receipt of such notice, a written statement of its reason(s) for failing to comply therewith. In that event, the Parties shall resolve such dispute in the same manner as any other dispute which may arise under the
Agreement. In the event no timely objection is made or such objection is resolved, and the required Party fails to promptly provide such documents or perform such acts, the requesting Party irrevocably shall be appointed as the required Party’s
attorney-in-fact for such purpose. It is acknowledged said appointment power is coupled with an interest. 
  
 3. Termination. 
  

	 	a.	Exhibits C and/or D, as applicable, may be terminated by the Terminating Party without prejudice to any other rights or remedies available to it, under any of the following
circumstances: 

  

	 	(i)	Upon the occurrence of a material breach by the other Party (“Breaching Party”) of any portion of Exhibit C and/or D, as applicable (i.e., a breach of Exhibit C only shall
not itself entitle the Terminating Party to terminate Exhibit D, and vice versa), provided that, as to a non-recurring breach which is capable of being cured, the Terminating Party shall have first given written notice within a reasonably prompt
period after discovery of the alleged breach specifying in reasonable detail the alleged breach and the action(s) necessary to cure and the Breaching Party shall have failed to so cure the alleged material breach within 30 days (or such shorter
period as may be reasonably required) of receipt of said notice; or 

  

	 	(ii)	If the other Party makes an assignment for the benefit of creditors, files or has filed against it a petition for bankruptcy (which proceeding is not dismissed, bonded or discharged
within 60 days of filing), becomes insolvent or is adjudged bankrupt; or 

  

	 	(iii)	 If the other Party restructures (other than an internal corporate reorganization, merger or consolidation, or with the prior written consent of the
non-restructuring Party in its absolute sole discretion) in a manner that has or may have a significant impact on either Party’s performance under the Agreement or dissolves. Any dispute as to whether a restructuring has or may have a
significant impact on either Party’s performance under the Agreement 

  

 42 

	 	 
shall be subject to dispute resolution under Paragraph XII.13 below. 

  

	 	b.	[Purposely left blank] 

  

	 	c.	Any claimed right of termination of Exhibit(s) A, B, C and/or D shall be subject to dispute resolution under Paragraph XII.13 below. In the event of a termination of the Agreement,
or any Agreement Module(s) or portion thereof, DW shall retain ownership of and all rights of every nature in and to its “Pictures” and “Videograms” (as those capitalized terms are defined and set forth in Exhibits A and B),
provided that the rights of the Parties with respect to any motion pictures or television project subject to Exhibit C (whether in development, production, distribution or otherwise) shall continue and remain unchanged except to the extent otherwise
specifically provided therein. The following rights and obligations shall survive termination of the Agreement, in addition to any rights or obligations which any Agreement Module provides will survive termination of the Agreement or of such
Agreement Module: (i) all representations, warranties and indemnities; (ii) all reporting and record keeping obligations; (iii) all of Universal’s rights to receive accountings and payments; (iv) all of Universal’s rights under Paragraphs
VIII. and X. hereof; and (v) any provision respecting the confidentiality of information. 

  

	 	d.	Upon the occurrence of a Limitation Event (as defined in the LLC Agreement), DW shall provide prompt written notice of such Limitation Event to Universal. Universal shall have the
option, exercisable by written notice to DW within ninety (90) calendar days following receipt of such notice of Limitation Event from DW, to terminate the Master Agreement and/or Exhibit A and/or Exhibit B and/or Exhibit D, and, if such notice is
provided, the Company shall redeem the Preferred in full, in cash, together with all accrued and unpaid cash and non-cash distributions thereon, in accordance with and on the date required under Section 8.01(a) of the LLC Agreement. Notwithstanding
any provision of the Agreement to the contrary, neither Exhibit A nor Exhibit B shall terminate on a Limitation Event, whether after Universal’s option is exercised or otherwise, unless and until the Advance, Animation Advance, AAA Amounts have
been repaid and the Preferred shall have been redeemed in full, in cash, in accordance with Section 8.01(a)(iv) of the LLC Agreement and all accrued and unpaid cash and non-cash distributions thereon have been paid. 

  

	 	e.	 DW shall have the right to terminate Exhibit A and Exhibit B by providing written notice (a “Termination Notice”) to Universal no later than thirty (30)
calendar days following a Company Change 

  

 43 

	 	 
of Control (as defined below), and Exhibits A and B shall thereupon terminate on the date upon which the Advance, Animation Advance, and AAA Amounts have
been paid and the Preferred shall have been redeemed in accordance with Section 8.01(a)(iv) of the LLC Agreement and all accrued and unpaid cash and non-cash distributions paid in full. If DW has not provided a Termination Notice to Universal within
thirty (30) calendar days of a Company Change of Control, Universal shall have the right to terminate the Agreement by providing a Termination Notice to DW within fifteen (15) calendar days of the later of (i) the expiration of such thirty (30) day
period, and (ii) the date on which the General Counsel of Universal shall have actual knowledge of such Company Change of Control, and this Agreement shall thereupon terminate on the later of (x) 180 calendar days following the date of the receipt
of the Termination Notice by DW and (y) the date upon which the Preferred shall have been redeemed in accordance with Section 8.01(a)(iv) of the LLC Agreement and all accrued and unpaid cash and non-cash distributions paid in full. In the event
either Party provides a Termination Notice hereunder, the Company shall (i) repay the Advances, the Additional Amounts, and the Animation Additional Amounts on or before the termination of Exhibits A and B, (ii) pay the Special Termination Fee, if
applicable, and (iii) redeem the Preferred in full, in cash, together with all accrued and unpaid cash and non-cash distributions thereon, on the date required under Section 8.01(a) of the LLC Agreement. DW shall provide written notice to Universal
of the termination date of the Agreement pursuant to the preceding sentence no later than twenty (20) calendar days following the receipt of the Termination Notice. 

  
 A “Company Change of Control” for purposes of this Agreement means (i) the acquisition of ownership, directly or
indirectly, beneficially or of record, of equity interests in DW representing more than 50% of either the aggregate ordinary voting power or of the aggregate equity value represented by the issued and outstanding equity interests in DW, whether
pursuant to merger, consolidation, issuances by DW of equity securities or otherwise by any Person or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended) other than any of the Principals (as
defined in the LLC Agreement) or their Affiliates, if (in each case described in this clause (i)) as a result of such acquisition or after such acquisition the Principals no longer exercise actual control over the management of DW, or (ii) the sale
of all or substantially all of the property, business or assets of DW or of its motion picture studio division to any Person (excluding internal reorganizations and transactions effected to reconstitute DW as a corporation), so long as any such
successor 

  

 44 

 
assumes the obligations of DW under the LLC Agreement in respect of the Preferred. 
  

	 	f.	DW shall not have the right to terminate either Exhibit A or Exhibit B as the result of any offering of securities by DW or by any subsidiary of DW, or on any restructuring of DW or
of any subsidiary of DW. Notwithstanding the foregoing, if DW or a subsidiary of DW consummates a registered public offering of securities and thereafter the entity (DW or such subsidiary) holding all or substantially all of the DW assets related to
the “live action” motion picture business sells such assets, DW may elect, on not less than 180 days’ notice, to have Exhibit A and Exhibit B be inapplicable to such “live action” Pictures included in such sale (but not any
Animated Pictures) effective on the date of consummation of the sale provided that not later than such sale consummation date DW repays the Advance, all Additional Amounts and the Preferred in full, in cash, together with all accrued and unpaid cash
and non-cash distributions thereon (and, in the case of the Preferred, in accordance with Section 8.01(a)(iv) of the LLC Agreement). 

  
 4. Warranties and Representations: Each Party warrants and represents that: 
  

	 	a.	It is an entity duly authorized to do business, and in good standing, in the state of California and in the state in which it is organized. 

  

	 	b.	It has the power and authority to enter into the Agreement and to perform in accordance with the terms thereof. 

  

	 	c.	The Agreement and the execution thereof have been duly authorized, and when executed and delivered the Agreement will be a legally valid and binding obligation of each Party,
enforceable against each Party in accordance with its terms. 

  

	 	d.	The execution, delivery and performance of the Agreement will not violate any agreement, instrument or undertaking to which such Party is a party or by which such Party or any of
its property is bound, except to the extent such violation could not reasonably be expected to have a material adverse effect on such Party. 

  
 5. Indemnity. In addition to, and without limiting, each Party’s indemnities under the Agreement Modules: (a) each Party
(“Indemnitor”) shall, at its own cost and expense, indemnify, defend and hold harmless the other Party, its Affiliates, employees, agents, managers, directors and shareholders (collectively, “Indemnitee”), from and against all
cost, loss (exclusive of profits), liability, or expense (including reasonable outside attorneys’ fees) arising in connection with Indemnitor’s breach of any 

  

 45 

 
of the representations, warranties and agreements contained in the Agreement, or Indemnitor’s violation or alleged violation of any third party’s
rights and/or Indemnitor’s violation or alleged violation of law; (b) each Indemnitor shall, at its own cost and expense, indemnify, defend and hold harmless each Indemnitee from and against all cost, loss (exclusive of profits), liability, or
expense (including reasonable outside attorneys’ fees) arising out of or in connection with any claim by any third party that is in contractual privity with Indemnitor or with a party engaged by Indemnitor, including co-ventures and
Subdistributors as defined in the Agreement Modules (collectively, a “Third Party”), if such claim arises out of or in connection with the Agreement (provided that the indemnity in this Paragraph XII.5 shall not apply to the extent that:
(i) such claim is the result of Indemnitee’s breach or alleged breach of its contractual obligations, if any, to such Third Party which is not caused by any breach or wrongful act by Indemnitor; and/or (ii) the Indemnitee under this clause (b)
is an Indemnitor under clause (a) with respect to the same claim); and (c) Universal shall, at its own cost and expense, indemnify, defend and hold harmless DW, its Affiliates, employees, agents, managers, directors and shareholders from and against
all cost, loss, liability, or expense (including reasonable outside attorneys’ fees) resulting from any injury or loss suffered by any third party on or in any facility owned by Universal, excluding the “Premises” (as defined in
Exhibit C) but including any “Theme Park” (as defined in Exhibit D) or arising directly or indirectly out of any the development, construction or use of any Permanent Attraction, Live Event, Restaurant, Walk Around, Themed Area, or other
use of any DW Element (as those terms are defined in Exhibit D) in or in connection with any Theme Park. (Nothing in the immediately preceding sentence shall be deemed to amend or affect the parties’ respective obligations under Paragraphs 8.h.
and 8.i. of Exhibit C.) Indemnitee will give Indemnitor prompt written notice of any such claim or proceeding by a third party. If Indemnitor does not notify Indemnitee within a reasonable period after Indemnitor’s receipt of notice of such
claim or proceeding that Indemnitor is assuming the defense of Indemnitee, then until such defense is assumed by Indemnitor and except as set forth below, Indemnitee shall have the right to defend, contest, settle or compromise such claim by a third
party in the exercise of its reasonable judgment and all costs and expenses of such defense, contest, settlement or compromise (including reasonable outside attorneys’ fees and expenses) shall be reimbursed to Indemnitee by Indemnitor. Upon
assumption of the defense of any such claim or proceeding, Indemnitor shall, at its own cost and expense, select legal counsel, conduct and control the defense and/or settlement of any suit or action which is covered by Indemnitor’s indemnity.
Indemnitee shall render all cooperation and assistance reasonably requested by the Indemnitor, and Indemnitor shall keep Indemnitee fully apprised of the status of any claim or proceeding. Notwithstanding the foregoing, Indemnitee may, at its
election and sole expense, be represented in such action by separate counsel, and, if Indemnitee thereby waives Indemnitor’s indemnity hereunder, Indemnitee may, at its election and sole expense, assume the defense of any such action. Unless
Indemnitee waives the indemnity hereunder, in no event shall Indemnitee settle any claim or proceeding covered by this indemnity or stipulate to, admit or acknowledge any liability or wrongdoing (whether in contract, tort or otherwise) of any issue
which may be covered by this indemnity, in each case without the consent of the Indemnitor. 
  

 46 

 6. Publicity. Except as may be required by law or NASD or stock exchange rules, no press release
concerning the Agreement (including its creation or termination) or any of its terms or conditions, or containing any other trade secret or confidential information of the other Party, or concerning any dispute or claim arising under the Agreement,
shall be issued by either Party without the express written consent of the other Party obtained in advance and in each instance. 
  
 7. Assignment. Subject to any further provisions permitting or restricting assignment of all or any portion of an Agreement Module that are
expressly set forth in the pertinent Agreement Module: 
  

	 	a.	Universal (and/or its Affiliates which are a party to, or are obligated to perform under, any Agreement Module) shall not assign the Agreement, or any of its rights or interests
thereunder, except: (a) to an Affiliate of Universal, including in connection with an internal corporate reorganization, a merger or consolidation, in each case so long as such assignment does not relieve the assigning party of its obligations under
this Agreement; or (b) upon the prior written consent of DW in its absolute sole discretion. 

  

	 	b.	DW shall not assign the Agreement, or any of its rights or interests thereunder, except: (a) to an Affiliate of DW, including in connection with an internal corporate
reorganization, a merger or consolidation, in each case so long as such assignment does not relieve the assigning party of its obligations under this Agreement; or (b) upon the prior written consent of Universal in its absolute sole discretion.
Notwithstanding the foregoing, DW may not assign to any Person its right to receive the Advance, the Animation Advance or any Universal Adjustment or Universal Animation Adjustment amounts. 

  

	 	c.	Any attempted assignment in contravention of the foregoing shall be deemed a material breach of the Agreement. In the event of a permitted assignment by either Party, the assigning
Party shall nonetheless remain primarily liable hereunder. 

  

	 	d.	Notwithstanding the foregoing, either Party may have any Affiliate perform its obligations under the Agreement, subject to the terms and conditions of the Agreement; provided that
each Party shall remain responsible for the performance of its obligations under the Agreement and its Affiliates’ performance. 

  
 8. IPO Related Capital Structure Changes. If DW or a subsidiary of DW which is more than 50% owned by, and is controlled by DW (a “DW
Subsidiary”) gives notice to Universal that it intends to file a registration statement under the Securities Act of 1933, as amended, for the purpose of registering shares of stock of DW 

  

 47 

 
or of such DW Subsidiary, as applicable, for the first time for sale to the public (an “IPO”), Universal agrees that it will in good faith discuss
changes to the structure of the Preferred and to the Advance and/or Animation Advance to consummate such IPO provided in no event shall Universal (i) be required to agree to any changes other than those changes which are reasonably necessary for
consummation of such IPO, or (ii) be required to compromise its rights or obligations under this Agreement, the LLC Agreement or with respect to the Preferred in connection with such IPO. Whatever agreement the parties reach as to changes, if any,
shall be effective only upon consummation of the IPO of DW or such DW Subsidiary. 
  
 9. Financial Information. DW shall provide to the outside auditors of Universal all the information required to be provided to the holder of the Preferred under Article 3 of the LLC Agreement (subject to such
auditors entering into appropriate confidentiality agreements) until both Exhibits A and B have terminated, regardless of whether the Preferred is outstanding. All information provided by DW under this Paragraph XII.9 shall be subject to Paragraph
XII.17 hereof so long as it is Confidential Information as defined therein, and may not be disclosed by such outside auditors except to persons entitled to receive such information under Section 3.07 of the LLC Agreement. 
  
 10. Active Involvement. DW covenants and agrees that for so long as
any portion of the Animation Advance is outstanding, Jeffrey Katzenberg will be actively involved in the management of DW’s animated motion picture business. For purposes of clarity, Mr. Katzenberg is not required to be actively involved if he
is incapacitated, and this Paragraph XII.10 shall be of no further force or effect on Mr. Katzenberg’s death. 
  
 11. No Partnership or Third Party Benefit. The Agreement does not constitute the Parties as partners, joint venturers, or as each other’s
agents or representatives (except as may be therein otherwise expressly provided). The Agreement is not for the benefit of any third party and shall not give any right or remedy to any such third party whether or not referred to therein. 

 
 12. Integration/Formalities. This Agreement, Amendment No. 2, the
LLC Agreement and the Subscription Agreement contain the entire agreement and understanding between the Parties relating to the subject matter hereof and supersedes, cancels and replaces any prior understanding, writing or agreement between the
Parties relating to such subject matter (including, without limitation, the Film Term Sheet dated as of October 31, 2003). The Agreement may not be amended, modified or altered except by an instrument in writing duly executed by both Parties. The
Parties acknowledge that each was represented by counsel in the negotiation and execution of the Agreement. No provision therein shall be construed against either Party by virtue of the activity of that Party, through its counsel or otherwise, in
negotiating and drafting the Agreement. 
  
 13. Dispute
Resolution. Any controversy or dispute between the Parties arising out of the Agreement or the LLC Agreement or relating in any way to the rights and obligations of the Parties thereunder, including any controversy or dispute between the Parties
concerning the distribution and other exploitation of DW’s motion pictures, videograms, recordings, or other intellectual property thereunder, any matter 

  

 48 

 
requiring mutual agreement between the Parties, and accounting and payment obligations shall be resolved by submitting such controversy or dispute to a
“Judge” (as defined below), whose decision shall be final and binding and enforceable in a court of competent jurisdiction. The Parties will abide by the following procedures: 
  

	 	a.	Before proceedings are initiated hereunder, the CEO or COO or any of the Presidents of DW (as designated by DW) and the CEO or COO of Universal shall meet in good faith to attempt
to resolve the dispute. 

  

	 	b.	If the dispute is not so resolved, the Parties shall meet within three (3) business days and shall agree upon a Judge to whom the dispute will be submitted. “Judge” shall
mean a retired federal court justice or judge, or a retired justice or judge of the California Supreme Court, Court of Appeals or Superior Court, who is available to render dispute resolution services in the County of Los Angeles. In the event that
the Parties cannot, within such three (3) business day period, agree upon a Judge, either Party may apply to the Superior Court for the State of California, County of Los Angeles, for the appointment of a Judge, and upon such appointment, such Party
shall also be awarded its costs and attorneys’ fees in connection with the application; in the event both Parties jointly or separately apply, no costs and fees will be awarded. 

  

	 	c.	Within fourteen (14) business days of the selection/appointment of a Judge, the Parties shall submit a Joint Statement setting forth: (i) a Joint Statement of Facts; (ii) a summary
of each Party’s claim or defense, including factual and legal contentions; and (iii) a joint discovery plan. Within ten (10) business days of service of the Joint Statement, the Parties (through their counsel) and the Judge shall convene in
person or by telephone, and at such meeting the Judge shall order a discovery schedule and set a hearing date. It is the intent of the Parties hereunder to resolve disputes as expeditiously as possible, and it is the Parties’ goal that a
hearing be held and a decision be rendered within three (3) months, except in complex cases, in which event a hearing shall be held and a decision rendered within six (6) months. In the event a Party seeks preliminary injunctive relief, the Judge
shall hold an expedited hearing on a schedule to be determined by the Judge. 

  

	 	d.	The Parties’ rights of discovery shall be governed by the California Rules of Civil Procedure. 

  

	 	e.	 Except as specifically provided herein, the Judge shall have the same powers as those of a judge of the United States District Court for the Central District of
California, and shall render a decision as 

  

 49 

	 	 
would a judge of such Court. Without limitation, such authority includes the power: (i) to enter and serve a written award within ten (10) business days
after the hearing is concluded and final briefs (if permitted) submitted, and in this regard shall have specific power to order injunctive relief (preliminary and permanent) and to award compensatory (but not punitive) damages, all enforceable by a
court of competent jurisdiction; and (ii) to award costs and reasonable attorneys’ fees to the prevailing party. 

  

	 	f.	The Parties reserve their rights to confirm, correct or vacate the award pursuant to California Code of Civil Procedure Section 1285, et seq., subject always to the limitations set
forth in subparagraph e. above. If an award is so confirmed, the prevailing Party shall recover its costs and reasonable attorneys’ fees in connection with such confirmation. A party shall have the right to appeal the ruling of the Judge to a
panel of three retired judges. A party shall have five business days after its receipt of the Judge’s ruling to serve notice of its exercise of this right to appeal. The parties shall use the same procedure for selection of the Judge in
Paragraph XII.13.b. to select the panel of three judges for the appeal (the “Panel”). The Panel shall use the same standard of review of the Judge’s ruling as if it were a California Court of Appeal reviewing a trial judge’s
ruling. The opening brief of the appealing party shall be due within 20 days of the selection of the Panel, the opposing brief within 20 days of receipt of the opening brief, and the reply brief will be due within 10 days of the appealing
party’s receipt of the opposing brief. The Panel will hold oral argument within 20 days of the filing of the final brief, and issue a written opinion, stating its reasons for its decision, 20 days thereafter. 

  

	 	g.	In the event the dispute or controversy involves the rights and obligations of one or more third parties, the Parties shall attempt in good faith to have them join in the
proceeding, submit to the jurisdiction of the Judge, and agree to be bound by the Judge’s award. In the event, however, that there is no such joinder, the Judge shall have authority to resolve the dispute or controversy as between the Parties
without the participation of any third party. 

  

	 	h.	Each party shall bear half the costs of the Judge (and any staff for the proceedings (such as a court reporter), unless the Judge in his or her discretion awards some or all of such
costs to the prevailing Party. 

  
 14.
Severability of Provisions. If any provision in the Agreement shall be held by any court of competent jurisdiction to be illegal, void or unenforceable, such 

  

 50 

 
provision shall be of no force or effect while such infirmity shall exist, but such infirmity shall have no effect whatsoever upon the binding force or
effectiveness of any of the other provisions thereof. 
  
 15.
Waiver. No delay or failure to exercise any right hereunder shall constitute a waiver of such right except in those instances where the Agreement provides for specific notice and a period of time thereafter within which to exercise a right,
in which case failure to exercise such right within the specified time period shall constitute a waiver thereof. 
  
 16. Governing Law. The Agreement shall be construed and enforced in accordance with the laws of the state of California, applicable to contracts
entered into and to be fully performed in said state by residents thereof. For purposes of enforcing, confirming or vacating an award under Paragraph XII.13 above, or in the event the provisions of such Paragraph XII.13 shall be held invalid or
unenforceable, only the California courts (state and federal) shall have jurisdiction over controversies regarding or arising under the Agreement, and if there is any matter which might be subject either to state or federal jurisdiction, the Parties
agree that the matter shall be submitted to federal jurisdiction. The Parties specifically agree that the Superior Court of the State of California, County of Los Angeles and the United States District Court for the Central District of California
shall have personal jurisdiction over them, and each of them, notwithstanding the fact that they may be citizens of other states or countries. In this regard the Parties agree that Los Angeles County is a convenient forum. 
  
 17. Confidentiality. Except as may be required by law or NASD or stock
exchange rules, each Party shall keep confidential all terms and conditions contained herein. Universal and DW acknowledge that they will, during the Term have access to, and acquire knowledge from, materials, data and other information which is not
accessible or known to the general public (“Confidential Information”). Except as required by law or NASD or stock exchange rules, or as may be required for the preparation of tax returns or other government or legally required documents,
or as reasonably necessary to employees, agents, lawyers, accountants, auditors, bankers, consultants, representatives or investors of Universal or DW or their Affiliates for a bona fide business purpose (who shall be similarly bound by these
confidentiality provisions), neither the Confidential Information nor any knowledge acquired by Universal or DW, as the case may be, from such Confidential Information or otherwise through its engagement hereunder shall be used, publicized or
divulged by the other to any other Person without the prior written consent of the other Party obtained in advance and in each instance. Nothing herein shall prevent either Party, or any employees, agents, lawyers, accountants, auditors, bankers,
consultants, representatives or investors of such Party or its Affiliates (the “Receiving Party”) from using, disclosing, or authorizing the disclosure of any information it receives in the course of performance of the Agreement which:

  

	 	a.	was known to the Receiving Party prior to its disclosure by the other Party; 

  

 51 

	 	b.	is or becomes publicly available without default hereunder by the Receiving Party; 

  

	 	c.	is lawfully acquired by the Receiving Party from a source which is not an agent or representative of the Receiving Party and is not under any obligation to the other Party regarding
disclosure of such information; 

  

	 	d.	is independently developed by the Receiving Party without use of any of the other Party’s confidential information; or 

  

	 	e.	is disclosed by the other Party hereto to unaffiliated third parties without confidential undertakings. 

  
 Notwithstanding anything herein to the contrary, any party to the Agreement (and any employee, representative or other agent of such party)
may disclose to any and all Persons, without limitation of any kind, the tax treatment and tax structure of the transactions contemplated by the Agreement and all materials of any kind (including opinions or other tax analyses) that are provided to
it relating to such tax treatment and tax structure, except that (i) tax treatment and tax structure shall not include the identity of any existing or future party (or any affiliate of such party) to the Agreement and (ii) this provision shall not
permit disclosure to the extent that nondisclosure is reasonably necessary in order to comply with applicable securities laws. 
  
 18. Notice of Representatives. DW will give Universal reasonable notice of DW’s appropriate contact person(s). Universal will give DW
reasonable notice of Universal’s appropriate contact person(s). 
  
 19. Paragraph Headings. Paragraph headings and titles are solely for convenience of reference and are not a part of the Agreement, nor are they intended to aid or govern the interpretation of the Agreement. 
  
 20. Notices. All notices hereunder shall be served by private delivery
service, and shall be deemed given on the date delivered to the following addresses (or such other addresses as either Party may hereafter designate in writing): 
  

			
	DW:	  	 1000 Flower Street
 Glendale, California
91201
 Attention: General Counsel

		
	Universal:	  	 100 Universal City Plaza
 Universal City, CA
91608
 Attention: Executive Vice President and General
 Counsel

  

 52 

			
	After the NBC Closing, with a copy to:
		
	 	  	 NBC Universal
 Attn: General Counsel
 30 Rockefeller Plaza
 New York, NY 10112
 Fax: (212) 664-4733

  

 53 

 Counterparts. The Agreement may be executed in multiple counterparts, each of which shall be deemed an
original and all of which, taken together, shall constitute one and the same instrument, which may be sufficiently evidenced by One counterpart. 
  
 IN WITNESS WHEREOF, the Parties have caused this Master Agreement to be duly executed as of the date first written above. 
  

			
	 DREAMWORKS L.L.C.

		
	 By
	 	/s/ Kristina M. Leslie
	 Its
	 	Authorized Signatory
	
	 UNIVERSAL STUDIOS, INC.

		
	 By
	 	 
	 Its
	 	Authorized Signatory
	
	 VIVENDI UNIVERSAL
 ENTERTAINMENT LLP, AS ASSIGNEE

		
	 By
	 	 
	 Its
	 	Authorized SignatoryExhibit A to the DW/Universal Master Agreement

 Exhibit 10.12 
  
 EXHIBIT “A” 
  
 MEMORANDUM OF AGREEMENT 
 BETWEEN DREAMWORKS
L.L.C. AND UNIVERSAL CITY STUDIOS, INC. 
  
 FOREIGN THEATRICAL
DISTRIBUTION 
  
 TABLE OF CONTENTS 
  

					
	 	  	 	  	Page

	1.	  	 Definitions
	  	2
	2.	  	 Distribution
	  	5
	3.	  	 Distribution Controls and Procedures
	  	8
	4.	  	 Grant of Rights
	  	20
	5.	  	 Collections/Remittance/Accounting
	  	23
	6.	  	 Representations and Warranties
	  	36
	7.	  	 Indemnity
	  	37
	8.	  	 Copyright
	  	38
	9.	  	 Delivery
	  	38
	10.	  	 Termination
	  	38
	11.	  	 Miscellaneous
	  	44
	 	  	 EXHIBIT “A-1”
	  	47
	 	  	 EXHIBIT “A-2”
	  	48

  

  
 EXHIBIT “A”

  
 MEMORANDUM OF AGREEMENT BETWEEN DREAMWORKS L.L.C. 

AND UNIVERSAL CITY STUDIOS, INC. 
  
 This agreement (“Exhibit A”) is entered into as of June , 1995 by and between DreamWorks L.L.C., a Delaware Limited Liability Company
(“DW”), and Universal City Studios, Inc. (herein, “Universal”) relating to foreign theatrical motion picture distribution. 
  
 In consideration of the covenants and conditions herein contained, and for other good and valuable consideration, the parties hereto agree as follows:

  
 1. Definitions: 
  

	 	a.	“Pictures” (individually “Picture”) means all live-action and animated motion pictures (and combinations thereof) initially distributed by DW in
commercial motion picture theaters before paying public audiences in the United States during the “Term”, as and to the extent DW has or acquires “Theatrical Distribution Rights” in the “Territory”. Universal
acknowledges that third parties may distribute a Picture in such portion of the Territory (which may be the entire Territory) where and when DW does not have Theatrical Distribution Rights in such portion. The term “Picture” or
“Pictures” does not include any motion picture co-financed by DW and MCA pursuant to Exhibit “C” to the Master Agreement. 

  

	 	b.	“Term” means the period commencing on the date hereof and continuing through December 31, 2001; provided that the Term may be extended for an additional four-year
period at DW’s and Universal’s mutual agreement confirmed by both parties in writing no later than 90 days prior to December 31, 2001. Notwithstanding the foregoing and subject to the terms of this Exhibit “A”, Universal shall
have the exclusive Theatrical Distribution Rights for each Picture for the initial period (as DW determines in its sole discretion) of theatrical distribution of such Picture in each country of the Territory in which such distribution commences
within twelve months following such Picture’s initial general U.S. theatrical release, provided that DW shall be entitled to re-release any Picture theatrically but only after the Term without utilizing Universal as the distributor.
Notwithstanding the foregoing, the Term is subject to earlier termination in accordance with Paragraph 10 below. 

  

 2 

	 	c.	“Territory” means the entire world, excluding only: 

  

	 	i.	the United States and Canada and their territories and possessions (including specifically, without limitation, Guam, Midway Islands, U.S. Virgin Islands, Canal Zone, Saipan,
Marshall Islands and Puerto Rico), the Bahamas and Bermuda; and 

  

	 	ii.	South Korea, North Korea and the remainder of Asia (excluding Japan), but only if and to the extent that DW assigns theatrical distribution rights in such countries to or through
Lee Entertainment L.L.C. or any of its affiliated or related parties, or any of their successors or designees (collectively, the “Korean Shareholder”) pursuant to an agreement between DW and the Korean Shareholder (the “Investor
Agreement”) (it being understood that the countries so excluded may increase during the Term as such Korean Shareholder distributes motion pictures theatrically in more countries in Asia other than Japan). DW will provide Universal with
reasonable notice, if and to the extent that DW receives same, of such additional countries, although DW’s failure to do so shall not be deemed to be a breach of this Exhibit “A”; provided, however, if and to the extent that Universal
and/or UIP has previously entered into arrangements pre-approved by DW in such additional countries, DW shall hold harmless Universal from any third party claims and actual direct out-of-pocket losses (i.e., excluding internal costs, profits and/or
other consequential damages) resulting from DW’s failure to provide timely notice. In any event, any such change in countries shall be prospective only (i.e, it will only affect Pictures which have not then been distributed by UIP).
Notwithstanding the foregoing, it is agreed that the Korean Shareholder may not distribute the Pictures through another U.S. “major” motion picture distributor (currently Twentieth Century Fox, Warner Bros., Sony, and Disney), although it
may co-venture with such distributor(s) for distribution. Notwithstanding the foregoing, if the Korean Shareholder’s distribution rights have terminated with respect to a particular Picture(s) or in a specified country(ies), and/or if the
Investor Agreement terminates, then to the extent the Korean Shareholder no longer has distribution rights, the Territory shall then include any such excluded country(ies) and/or Universal shall then have Theatrical Distribution Rights with respect
to the particular Picture(s), as the case may be. 

  

	 	d.	 “Theatrical Distribution Rights” means only the exclusive limited right and obligation, subject to the terms of this Exhibit “A”, to

  

 3 

	 	 
distribute the Pictures for the purpose of exhibition in commercial motion picture theaters before paying public audiences. Theatrical Distribution Rights do
not include, (i) any form of distribution or exploitation of the Pictures outside the Territory, (ii) distribution or exhibition of the Pictures in any other medium including, without limitation, on free and pay television, video disc, video tape,
computer or other video or in-home distribution now known or hereafter devised, radio, legitimate stage, non-theatrical exhibition (including, without limitation, airlines, ships, schools, hospitals, clubs, societies, military and industrial
installations, etc.) and/or (iii) any other form of distribution, exhibition or other method of exploitation of the Pictures, now known or hereafter devised. 

  

	 	e.	“Subdistributor” means any person or entity other than “UIP” which distributes the Pictures hereunder within the Territory, and which is not owned or
controlled, in whole or in part, by UIP. 

  

	 	f.	“UIP” means United International Pictures, B.V., a company incorporated in the Netherlands, and any entity which it owns or controls in whole or in part.

  

	 	g.	 Notwithstanding anything to the contrary in this Exhibit “A”, the parties agree that: (i) Universal shall not be required hereunder to violate any
contract existing as of the date hereof or any law, provided Universal shall give DW written notice promptly following (1) DW’s submission of a proposed marketing plan(s) or other request for “Services” (as defined below), but in no
event later than 30 days following such submission or request, specifying in reasonable detail any requirement hereunder which would cause Universal to violate any such existing contract (and including a copy of the relevant provision[s] of such
contract) and/or any law or (2) Universal’s knowledge of any such violation or prospective violation; (ii) if Universal receives a claim (which Universal in its good faith business judgment believes poses a risk of a result materially adverse
to Universal) that any Services requested by DW violate any third party rights and, as a result thereof, Universal desires to discontinue rendering such Services, Universal will be permitted to do so until such time, if ever, as such claim has been
resolved in Universal’s favor or in any other manner which does not prevent Universal from rendering such Services and provided that, prior to discontinuing such Services, Universal shall give DW written notice specifying in reasonable detail
the specifics of such claim (as well as a copy of any relevant pleadings, demand letters, correspondence, etc.) and shall nonetheless continue rendering such Services for a reasonable period of time so as to enable DW to arrange for a commercially
acceptable alternative; (iii) Universal shall not be required to cause UIP to deliver greater services, 

  

 4 

	 	 
information, data or reports (collectively, “Services”) than the comparable level of Services which UIP then renders to Universal or to any of the
“UIP Owners” (as defined below) (provided, however, that Universal will use its best efforts to cause UIP to comply with any additional requirements or Services requested by DW, it being acknowledged that Universal cannot guarantee that
UIP will agree to do so); and (iv) there will not be a material reduction (on an overall basis) in the Services provided hereunder, from that provided by UIP to Universal or any of the UIP Owners in June 1995 although the parties acknowledge that
(1) any such material reduction shall not be deemed to be a breach of this Exhibit “A”, and (2) each of the UIP Owners may themselves render or cause to be rendered specific Services theretofore rendered by UIP and, in such event, to the
extent Universal renders or causes to be rendered such Services to its own pictures generally, it shall provide such Services to DW at no additional cost. 

  
 2. Distribution: 
  

	 	a.	Universal is granted Theatrical Distribution Rights in the Territory to the Pictures during the Term, provided that such distribution shall be conducted by UIP in the ordinary
course of UIP’s business. In distributing Pictures pursuant to this Exhibit “A”, Universal shall be subject to, and shall cause UIP to follow, the direction and control of DW consistent with this Exhibit “A”. All decisions
by DW under this Exhibit “A” may be made from time-to-time on a Picture-by-Picture and territory-by-territory basis, unless otherwise specifically provided herein. DW shall have the right to designate the period of distribution of any
Picture and may require Universal (which shall in turn require UIP) to withhold or withdraw any Picture(s) from distribution overall or on a territory-by-territory basis in the Territory, as DW in its sole discretion instructs, in which event DW
agrees to hold Universal and UIP harmless from any third party claims directly resulting from any withholding or withdrawal which shortens the period of distribution previously designated by DW. Neither Universal nor UIP shall have any rights in or
to the Pictures other than as distributor and as set forth in this Exhibit “A”. Universal shall, or shall cause UIP to, advance on a timely basis all DW-approved “Distribution Expenses” (as defined in Paragraph 5.d. below) in
connection with the Pictures and shall be entitled to recoup same as herein provided. 

  

	 	b.	 Notwithstanding the foregoing, to the extent Universal is precluded from distributing a Picture theatrically during the Term as a result of DW’s exercise of
its rights in this paragraph to withhold or 

  

 5 

	 	 
withdraw a Picture from distribution in any country (or overall) in the Territory, DW shall not permit any third party to distribute such Picture in such
country (or overall) during the Term or for one year after the Term without affording Universal the right to do so pursuant to the terms hereof. 

  

	 	c.	Unless expressly prohibited by applicable law, Universal shall not have the right to refuse to distribute any Picture(s) for theatrical distribution, except for a refusal to
distribute based on Universal’s or UIP’s good faith business judgment exercised in a manner which does not discriminate against the Pictures as compared to the pictures of the “UIP Owners” (as defined below), provided that
Universal will give timely prior notice of its intention not to distribute a Picture(s) in sufficient time to allow DW to distribute, or cause the distribution of, such Picture(s) on or about the dates contemplated for initial theatrical release. If
Universal refuses (or is deemed unable due to a force majeure event as provided in Paragraph 10.b.ii.3(b) below) to distribute any Picture(s) for theatrical distribution in any country(ies), DW shall have the right in its sole discretion to withdraw
any such Picture(s) from Universal and distribute or cause the distribution of such Picture(s) in such country(ies). In addition, if Universal refuses other than for legal or censorship reasons (or is deemed unable due to a force majeure event as
provided in Paragraph 10.b.ii.3(b) below and such event does not affect distributors generally) to distribute any Picture(s) in a portion of the Territory representing *** or more of “Territory Receipts” (as defined in Exhibit
“A-2”) for all UIP pictures in the preceding year, DW shall have the right in its sole discretion to withdraw any such Picture(s) from Universal and distribute or cause the distribution of such Picture(s) in the entire Territory or any
portion of the Territory, as DW elects. Notwithstanding the foregoing, if Universal refuses other than for legal or censorship reasons (or is deemed unable due to a force majeure event as provided in Paragraph 10.b.ii.3(b) below and such event does
not effect distributors generally) to distribute any Picture(s) in Japan, Universal shall nonetheless have the right to distribute any such Picture(s) in the remainder of the Territory; provided, however, that DW may, in its sole discretion,
withdraw any such Picture(s) from Universal: (a) in the Far East and distribute or cause distribution of such Picture(s) therein; or (b) in the entire Territory on any portion of the Territory if Universal 

  

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

 6 

 does not distribute any such Picture(s) in any country(ies) other than Japan representing *** or more of
Territory Receipts for all UIP Pictures distributed in the preceding year and distribute or cause distribution of such Picture(s) therein. If DW distributes or causes the distribution of any Picture(s) pursuant to either of the two preceding
sentences, DW shall also have the right in its sole discretion to withdraw from Universal, and render fulfillment services or cause fulfillment services to be rendered for, any “Videogram” (as defined in Exhibit “B”) embodying
such Picture[s]), in the relevant country(ies) or, if DW elects, in the entire Territory, as provided in Paragraph 2.C. of Exhibit “B”. Any distribution of Picture(s) and/or Videogram(s) by or caused by DW under this subparagraph 2.c.
shall be at DW’s risk (except as provided in Paragraph 7 of this Exhibit “A” with respect to loss or destruction of any Pictures or related physical elements in Universal’s or UIP’s or any of their Subdistributors’ or
agents’ possession or control and in Paragraph 8.D.2 of Exhibit “B” with respect to loss or destruction of any Videograms or related physical elements in Universal’s or CIC’s or any of their Subdistributors’ or
agents’ possession or control) and without any obligation to Universal, UIP and/or CIC with respect to such distribution (including, without limitation, any obligation to pay any Distribution Fees or Distribution Expenses incurred after DW
assumes distribution in such country(ies) under this Exhibit “A” and/or any Service Fees incurred after DW assumes distribution in such country(ies) or Service Expenses under Exhibit “B”). 
  

	 	d.	DW shall not enter into any agreement during the Term with any third party in which DW does not directly or indirectly have a substantial financial interest or which does not
directly or indirectly have a substantial financial interest in DW, for the distribution of Pictures during the Term in commercial motion pictures theaters before paying public audiences in the United States or Canada covering all or substantially
all of its Pictures without discussing such matters with Universal, but DW shall have no obligation to enter into an agreement with Universal for such distribution of Pictures in the United States or Canada. DW shall have no obligations under this
subparagraph in the event of a termination of this Exhibit “A” per Paragraph 10. 

  

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

 7 

 3. Distribution Controls and Procedures: The parties acknowledge that Universal shall cause
distribution in the Territory to be handled by UIP, whose services shall be supplied to DW by Universal, which hereby guarantees and shall be fully responsible for the performance of UIP in accordance with and subject to the terms and conditions set
forth herein. References to UIP therefore shall refer to those services of UIP which Universal is supplying hereunder. Universal shall cause the Pictures to be distributed by UIP in the same fashion as the pictures of Universal, MGM/UA and/or
Paramount Pictures or any other partner in or owner of UIP (collectively, the “UIP Owners”) and UIP shall timely submit all recommendations for DW’s approval as specified below. DW shall have the right to exercise complete and final
control in its absolute discretion over all aspects of the distribution, marketing and advertising for the Pictures in the Territory throughout the Term consistent with the provisions of this Exhibit “A”. Notwithstanding anything to the
contrary herein contained, DW shall have the same right of direct contact with UIP as any of the UIP Owners in its agreement with UIP. In this regard, Universal represents and warrants that it has and shall retain during the Term identical rights of
access to UIP (on a “favored nations” basis) available to any other UIP Owner whether by virtue of the UIP Agreement or as otherwise established from time-to-time during the Term. With respect to the distribution of the Pictures in the
Territory, Universal shall delegate to DW whatever powers and authorities Universal is entitled to under its agreement with UIP; provided, however, that if Universal is contractually prevented from delegating such powers and authorities under its
presently existing agreement with UIP, Universal will exercise such powers and authorities on DW’s behalf and at DW’s direction or in concert with DW. Without limiting the generality of the foregoing, the following specific terms shall
apply: 
  

	 	a.	General: In accordance with UIP’s practices with respect to the UIP Owner’s pictures, UIP shall prepare and recommend in full consultation with DW
continent-by-continent (broken down territory-by-territory) marketing plans, budgets and distribution plans and other items containing such information, analysis and recommendations as DW may from time-to-time request for DW’s approval in
sufficient time for DW to review and discuss. UIP shall commence preparation of such plans and other items immediately following receipt of pertinent materials and information provided by DW, and in any event, such plans and items will be delivered
to DW no less than *** days prior to the initial theatrical release date in the Territory for each Picture hereunder (with such detail and specifics as possible given the information previously provided by DW, and updated by UIP from time-to-time as
more information is made available by DW to UIP). DW shall timely approve or timely supply reasonable revisions thereto so that UIP can take such 

  

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

 8 

 actions as may be necessary to distribute Pictures as contemplated hereby in a fashion consistent with
DW’s approvals. In addition to any specific approvals set forth in this Exhibit “A”, DW shall have the same right to approve actions to be taken by UIP in connection with the Pictures as any UIP Owner has with respect to actions to be
taken by UIP in connection with such UIP Owner’s pictures (provided, DW shall not forfeit any approval rights if it fails to act within a specified period of time due to Universal and/or UIP’s failure to timely advise DW in writing of such
time period). DW may exercise such approval rights in its absolute discretion with respect to all matters, including, without limitation, the dates and durations of the releases of the Pictures, the dates and terms of initial booking of the
Pictures, the decision to create, and the final version of, any altered versions of any Pictures (including, without limitation, colorization of the Pictures), the amount and nature of budgeted Distribution Expenses, distribution patterns, dubbing,
theaters, circuits, suppliers, vendors and service providers, laboratories, the use of trailers from the Pictures on other pictures distributed by UIP and the plans for marketing, advertising, publicity and promotion, including, without limitation,
coop media plans and advertising, creative campaigns, and the creation and content of all advertising and promotional material. If UIP fails to obtain the release dates, durations and/or exhibitor terms approved by DW for any Picture(s) (unless such
exhibitor terms are the same as exhibitor terms for comparable pictures of the UIP Owners), DW shall have the right in its sole discretion to withdraw any such Picture(s) from Universal and distribute or cause the distribution of such Picture(s) in
the country(ies) in which UIP fails to obtain such release dates, durations and/or exhibitor terms (or, if UIP so fails in a portion of the Territory representing *** or more of “Territory Receipts” for all UIP pictures in the preceding
year and DW elects, in the entire Territory), at DW’s risk (except as provided in Paragraph 7 of this Exhibit “A” with respect to loss or destruction of any Pictures or related physical elements in Universal’s or UIP’s or
any of their Subdistributors’ or agents’ possession or control) and without any obligation to Universal and/or UIP with respect to such distribution (including, without limitation, any obligation to pay any Distribution Fees hereunder). If
DW distributes or causes the distribution of any Picture(s) pursuant to the preceding sentence, DW shall also have the right in its sole discretion to withdraw from Universal, and render fulfillment services or cause 
  

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

 9 

 fulfillment services to be rendered for, any “Videogram” (as defined in Exhibit “B”)
embodying such Picture[s]), in the relevant country(ies) or, if DW elects, in the entire Territory, as provided in Paragraph 2.C. of Exhibit “B”. Any distribution of Picture(s) and/or Videogram(s) by or caused by DW under this subparagraph
3.a. shall be at DW’s risk (except as provided in Paragraph 8.C.(ii) of Exhibit “B” with respect to loss or destruction of any Videograms or related physical elements in Universal’s or CIC’s or any of their
Subdistributors’ or agents’ possession or control) and without any obligation to Universal, UIP and/or CIC with respect to such distribution (including, without limitation, any obligation to pay any Distribution Fees or Distribution
Expenses incurred after DW assumes distribution in such country(ies) under this Exhibit “A” and/or any Service Fees or Service Expenses incurred after DW assumes distribution in such country(ies) under Exhibit “B”). There shall
be no exclusivity or other distribution restriction in any exhibition or distribution deal nor any double bills or accompanying short subjects (unless required by law) without DW’s specific approval. If a short subject is required by law or
custom to accompany any Picture in any portion of the Territory, DW shall have the first opportunity to supply such short subject. The parties acknowledge that Universal, UIP, the other UIP Owners and DW are each engaged in the motion picture
business and that nothing in this Exhibit “A” shall be deemed to limit each party’s rights to fully, freely and completely engage in all aspects of the motion picture and related businesses. 
  

	 	b.	Subdistribution: UIP shall have the right to employ Subdistributors, provided that: 

  

	 	i.	DW shall have the right of prior approval (not to be unreasonably withheld) of each Subdistributor and the duration and terms of each Subdistributor’s agreement. DW hereby
approves the list of Subdistributors for the durations and on the terms attached hereto as Exhibit “A-1” and incorporated herein by this reference, and shall not, without cause, withdraw such approval for the durations and on the terms
therein indicated. 

  

	 	ii.	UIP may only distribute Pictures through a Subdistributor in territories in which UIP does not directly distribute any other motion pictures, which territories shall be limited to
the territories specified in Exhibit “A-1” and such other minor territories, consistent therewith, where UIP elects not to directly distribute any motion pictures. 

  

 10 

	 	iii.	If DW does not approve a Subdistributor selected by UIP, DW shall have the right to engage directly a subdistributor of its choice (a “DW Subdistributor”), in which event
DW shall be solely responsible for all activities of and all obligations to the DW Subdistributor and no Distribution Fees shall be payable to Universal and/or UIP with respect to the territory in which such subdistribution occurs. Notwithstanding
the foregoing, Universal shall, at DWs request, service DWs agreement(s) with a DW Subdistributor(s)), in which event the reduced Schedule Percentages set forth in Paragraph 5.c.ii shall apply (provided, as set forth in Paragraph 5.a., that UIP
Gross and SD Gross shall be aggregated in any event for purposes of calculating the Gross Receipts breakpoints for the Schedule Percentages in subparagraphs 5.b.i.(1)-(3)). 

  

	 	iv.	Notwithstanding the foregoing, the parties acknowledge that, subject to DW’s reasonable approval and the provisions of Paragraph 1.c.ii., the Pictures may be distributed by UIP
through co-venture distribution in some territories within the Territory (e.g., Hong Kong, China), which co-ventures shall not be considered subdistribution. In these instances, reference to “UIP” shall include such co-ventures for all
purposes hereunder. Accordingly, all amounts payable or credited to such co-ventures in connection with the Pictures shall be included in deemed “Gross Receipts”, and DW shall be accorded audit rights with respect to all such co-ventures.

  

	 	c.	 Suppliers: With respect to any Picture distributed by UIP hereunder, DW shall have the right (but, except as provided elsewhere, not the obligation) to
contract directly with UIP’s third party suppliers and/or to “piggyback” on any or all of UIP’s arrangements with any third party (including, without limitation, dubbing, manufacturing, advertising, marketing and publicity
suppliers/arrangements), except as and to the extent precluded by law, regulation or written agreement between such third party supplier on the one hand, and UIP and/or Universal on the other hand, entered into, and containing a preclusive provision
effective, before July, 1996 and disclosed to DW in writing before execution of this Agreement (provided, however, that notwithstanding anything to the contrary in such written agreements, in no event will DW be bound by such agreements after
January 1, 1999). In addition, Universal shall disclose to DW relevant excerpts of any 

  

 11 

	 	 
such written agreement (except only its agreement with *** for laboratory services) to the extent permissible under such agreement, and DW shall have the
right to contest the asserted preclusive contract provision under the dispute resolution provisions of Paragraph 10 of the Master Agreement; provided, however, that Universal shall cause UIP to use its best efforts to cause such third party
supplier(s) to contract directly with DW and/or allow DW to “piggyback” on UIP’s arrangements with such third party suppliers, as DW elects. UIP shall disclose to DW on an ongoing basis all material information (including, without
limitation, advances, volume discounts, laboratory and other vendor rebates and any other economic consideration or financial advantages) regarding deals which could relate to UIP’s services hereunder and which are under negotiation and/or
concluded with third party suppliers as such information develops, and UIP shall also disclose to DW upon execution of this Exhibit “A” all such information regarding deals concluded with third party suppliers prior to the date of
execution of this Exhibit “A”. Notwithstanding the foregoing, Universal shall not be required to disclose any information respecting Universal’s presently existing laboratory services agreement with ***. DW may use such information in
order to assist DW in deciding whether to “piggyback” on any or all such existing and/or future arrangements with third party suppliers and, in the event DW elects to “piggyback”, to determine whether Universal and/or UIP are
allocating advances, volume discounts, laboratory and other vendor rebates and any other economic consideration or financial advantages as provided below in this subparagraph 3.c. and in subparagraph 5.e. Notwithstanding the foregoing, DW shall not
be entitled to confidential third party information regarding arrangements existing as of the date of execution of this Exhibit “A”; provided, however, that Universal and UIP shall in any event disclose the existence of all such
arrangements (including, without limitation, any confidentiality agreements contained therein), and provide to DW as much specificity as possible consistent with such third party confidentiality agreements, and provided further that if Universal
and/or UIP refuses to supply any such third party confidential information, the parties will (on DW’s request) submit to dispute resolution pursuant to Paragraph 10 of the Master Agreement and the “Judge” (as defined in the Master
Agreement) shall impose such reasonable procedures (including, without limitation, 

  

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

 12 

 redaction and in camera proceedings) as the Judge deems necessary to accord information reasonably
necessary for the purposes indicated above while preserving the third party’s legal rights to confidentiality. In the event of any “piggyback” arrangement: (i) DW-approved costs with respect thereto shall be advanced by UIP and
recouped or repaid as Distribution Expenses; (ii) DW shall have the option to have the Pictures aggregated with other UIP product for purposes of obtaining advances, volume discounts, rebates and any other economic consideration or financial
advantages accorded to a group of pictures and in such event, all such advances, discounts, rebates, economic consideration and financial advantages will be allocated to the Pictures according to the terms of the arrangement in question, or if such
arrangement does not provide a means of allocation, on a fair and reasonable basis (subject to later reconciliation if and to the extent such allocation was in retrospect unfair or unreasonable to either party); (iii) the terms and conditions of
such arrangement with respect to DW shall be no less favorable than the terms and conditions which pertain to the distribution of the UIP Owners’ pictures; and (iv) provided such arrangement has been previously timely disclosed to DW in
writing, then with respect to rights to Pictures granted Universal hereunder, DW shall be bound by the terms and conditions of such arrangement as if it were a party thereto except to the extent the third party agrees otherwise. Alternatively, DW
shall have the right in its sole discretion to itself obtain any or all such services through its own third party arrangements; provided, however, subject to DW’s absolute control, DW shall be obligated to utilize UIP’s advertising agency
or agencies to make any up-front media buys (i.e. long-term, bulk media purchases made by UIP before how such media will be used is determined) during any period in which all UIP Owners are contractually required to make all of their up-front media
buys with respect to advertising in the Territory exclusively through such agency pursuant to an exclusivity arrangement existing as of the date of this Exhibit “A” and on terms no less favorable than those offered to UIP Owners (e.g., DW
shall receive the same discounts). If DW enters into its own third party arrangements, DW will not be entitled to “piggyback” on UIP’s arrangements for the same services unless the “piggyback” terms previously rejected by DW
thereafter materially change. If DW utilizes its own third party arrangements, DW will: (a) coordinate (or instruct such third party suppliers to coordinate) information and performance between each other as required and with Universal and UIP; (b)
pay such third party suppliers directly; (c) agree to proceed directly against such third party supplier for such third party supplier’s breach; and (d) if UIP incurs substantial actual excess 

  

 13 

 
administrative costs as a direct result thereof, consider in good faith contributing towards such excess costs, provided that DW shall not be obligated to do
so. Universal will not, and will cause UIP not to, enter into any new obligations or agreements, or extensions of any existing obligations or agreements, which restrict the right of any supplier that is a party to such obligations or agreements to
contract directly with DW (e.g., exclusivity arrangements which prevent such party from contracting with DW). Notwithstanding the foregoing, prior to DW directly entering into any third party arrangement, DW will, in appropriate circumstances, make
a good faith effort to give Universal advance notice and consult with Universal, it being agreed that DW’s failure to comply with this sentence shall not be deemed a breach of this Exhibit “A”. Subject to the terms of the Master
Agreement, to the extent either party is provided any confidential information with respect to UIP or DW arrangements with suppliers, vendors, or service providers, such party shall keep such information absolutely confidential. 
  

	 	d.	Operating Requirements: 

  

	 	i.	Distribution Outside the Territory: Universal is expressly prohibited from distributing, or authorizing the distribution of, the Pictures anywhere outside the Territory.

  

	 	ii.	 Direct Communications and Dealings: DW shall have the right to communicate (regarding anything within the scope of this Exhibit “A”) directly with
(a) all Universal officers, appropriate management employees and staff engaged in any aspect of distribution of motion pictures by Universal anywhere in the Territory, including officers, management employees and staff stationed at Universal
corporate and territorial offices; and (b) to the same extent as the UIP Owners, all UIP officers, appropriate management employees and staff engaged in any aspect of theatrical distribution of motion pictures by UIP, including, without limitation,
officers, appropriate management employees and staff stationed at UIP corporate, regional and territorial offices. DW shall receive in a timely fashion, directly from UIP and from all Subdistributors, all distribution information, including, without
limitation, release dates, projections and so forth. DW shall also have the right to receive copies of any report insofar as it relates to the Pictures or such other information received by or available to the UIP Owners (other than internal
financial information respecting the UIP partnership or relating solely to the respective UIP Owner’s Pictures) respecting 

  

 14 

	 	 
an audit of any Subdistributor conducted by or on behalf of UIP, the costs of which shall be borne solely by UIP if done in the ordinary course of business
by UIP. In addition, Universal shall use its best efforts to have UIP audit the accountings of any Subdistributor upon the request of DW and if done, DW shall (to the extent pre-approved by DW, which pre-approval will not be unreasonably withheld)
bear its proportionate share of the costs thereof. 

  

	 	iii.	UIP Personnel: Universal shall cause the President and Chief Executive Officer of UIP (subject to reasonable absences for vacation and other business) to personally supervise
DW motion picture distribution and be responsible to DW with respect to all matters arising hereunder. In the event that the President and/or Chief Executive Officer of UIP shall be replaced during the Term hereof or there is any other substantial
change in the management or operation of UIP, DW shall have a right of full consultation with Universal with respect thereto. 

  

	 	e.	Operating Structure: 

  

	 	i.	Marketing: 

  

	 	(a)	Packaging/Shipping: UIP shall consolidate shipment of all DW materials to the Territories at UIP’s London headquarters (or such other location approved by DW), provided
that DW shall only disapprove any other location if, in its absolute discretion, it believes that such location is not secure, or if it results in a significant increase in cost to DW, unless Universal pays such increase in cost. DW and associated
vendors will deliver packaged material to UIP for shipment. UIP’s actual, direct, third party out-of-pocket shipping costs shall be billed to DW, provided such costs are not, in any event, charged at rates greater than the shipment costs
charged to the UIP Owners for like materials. 

  

	 	(b)	 Shipping/Storage/Inspection of Prints: Subject to DW’s approval rights, UIP will render all services in connection with the shipping, storage and
inspection of the prints required by DW for the Pictures distributed by UIP hereunder (for which services DW shall reimburse Universal and/or UIP as the case may be for their actual direct 

  

 15 

	 	 
out-of-pocket costs paid to unaffiliated third parties). DW may elect, in its sole discretion, to discontinue using such services for all of the Pictures;
provided, however, that DW shall not have the right to thereafter re-engage UIP to render any such services which DW has previously discontinued hereunder. 

  

	 	(c)	Favored Nations: UIP shall provide DW with UIP and third party goods and services (including, without limitation, publicity and promotional services) substantially equivalent
on an overall basis in quantity, level, priority, quality and cost (including discounts, rebates, allocations and charges) as such services are provided to UIP Owners in connection with the distribution of their motion pictures.

  

	 	ii.	Distribution: 

  

	 	(a)	Key Contracts: DW shall have the right to approve all key contracts for the distribution of the Pictures including, without limitation, all key country and key city
contracts, if and to the extent that any of the other UIP Owners have such approval rights as to their pictures. 

  

	 	(b)	 Distribution Plans: UIP shall timely prepare a territory-by-territory distribution plan for each Picture indicating exhibition dates and theaters in each
city (with such detail and specifics as possible given the information previously provided by DW, and updated by UIP from time-to-time as more information is made available by DW to UIP). Each distribution plan shall be prepared in consultation with
DW for DW’s approvals as set forth under this Exhibit “A”. Distribution of each Picture shall be in accordance with the approved plan. Each Picture may only be distributed in each country within the Territory by means of one
continuous release in such country, except as otherwise approved by DW. No reissues, re-releases or colorization of the Pictures will be permitted unless specifically approved in writing by DW, and DW shall have the same approval rights with respect
to any reissue or re-release as it had with respect to the initial release. All material changes from such plan shall require DW’s approval; provided, however, that pending 

  

 16 

	 	 
such approval UIP’s field personnel may, in good faith and if required due to distribution exigencies, make reasonable non-material changes to such plan
(which changes will be submitted to DW for approval as soon as possible thereafter). Notwithstanding anything to the contrary in this Agreement, DW will provide UIP, on a territory-by-territory, Picture-by-Picture basis, a schedule for the release
of the Pictures, which schedule UIP may change as reasonably necessary with DW’s prior written approval (not to be unreasonably withheld). If DW fails to approve such changes, UIP shall have no liability to DW thereof except to implement such
corrections and changes as DW thereafter instructs. 

  

	 	f.	Information and Documents: To the extent it exists, and subject to the requirements of law, Universal shall furnish, and shall cause UIP to furnish: 

 

	 	i.	Information: 

  

	 	(a)	All “Information” (as defined below) as to the Pictures, to the extent similar Information as to a UIP Owner’s pictures is made available by UIP to such UIP Owner;

  

	 	(b)	All Information as to the UIP Owners’ pictures, to the extent such Information is made available by UIP to any UIP Owner other than the UIP Owner that produced such picture;
and all Information (including, without limitation, Information about the release of other motion pictures in the Territory) that is made generally available to the UIP Owners by UIP; 

  

	 	(c)	 All Information as to Universal pictures, to the extent similar Information is available to Universal with respect to the Pictures; provided such Information: (1)
shall only be furnished upon written request from DW; (2) shall be restricted to Information required by DW for a bona fide business purpose under this Agreement (e.g., optimal release scheduling, verification of most favorable terms as specified in
the Agreement, including terms related to services, pricing, costs, comparable accounts and collection of revenues therefrom, etc.); and (3) shall not be furnished to 

  

 17 

	 	 
DW if in Universal’s good faith business judgment, such disclosure would constitute a violation of any applicable law, decree, government regulation, or
constitute a violation of any third party right; 

  

	 	(d)	All Information as to the Pictures that is available to Universal (excluding Information as to the Pictures that is not available to Universal, and not based upon Information as to
the Pictures available to Universal, directly or indirectly by virtue of Universal’s and/or UIP’s services hereunder); and 

  

	 	(e)	All other Information as may be required by DW, including, without limitation, MPAA, MPA and other trade association publications and reports (except to the extent distribution to
DW is prohibited by such trade association), subject to pertinent confidentiality agreements of which DW is given prior written notice, irrespective of whether such Information is customarily provided by UIP to the UIP Owners and/or any other party;
provided, however, that if Universal and/or UIP are required to incur any new additional costs (of which Universal and/or UIP notifies DW in advance) for outside personnel Universal and/or UIP are required to engage solely in order to furnish any
such additional Information which is not included within the scope of services to be rendered by Universal and/or UIP under this Exhibit “A”, Universal and/or UIP shall not be required to furnish such additional Information unless DW
pre-approves such costs and agrees to reimburse Universal and/or UIP, as applicable, for same (subject to appropriate reduction, to be mutually agreed, if and to the extent that such additional Information is supplied [subject to DW’s prior
approval] to any party other than DW). Any dispute as to whether such additional Information is within the scope of services to be rendered by Universal and/or UIP hereunder will be subject to dispute resolution pursuant to Paragraph 10 of the
Master Agreement. 

  

	 	(f)	 As used herein, “Information” shall mean all tangible (i.e., excluding only staff meetings, phone conversations and similar conversations which are not
reduced to written or other tangible form) information, data, reports, agreements and other 

  

 18 

	 	 
documents including, without limitation, all outright sales proposals for the outright sales of a Picture, direct access to the theatrical database for each
Picture on a territory-by-territory basis, daily box office reports, competitive release dates, advertising expenses, copies of all outside sourced market surveys, updates and analysis, etc., whether distributed on paper, electronically and/or
through any other means (e.g., DW shall be put on the distribution lists for such information). The Information shall be provided consistent with the frequency and timeliness with which the Information (or similar material) is created by, or
supplied to, Universal, UIP and/or the UIP Owners, or otherwise as DW shall reasonably request; provided, however, that if Universal and/or UIP are required to incur any new additional costs (of which Universal and/or UIP notifies DW in advance) for
outside personnel Universal and/or UIP are required to engage solely in order to furnish Information more frequently or quickly (if possible) than the Information (or similar material) is supplied to the UIP Owners and such increased frequency or
quickness is not included within the scope of services to be rendered by Universal and/or UIP under this Exhibit “A”, Universal and/or UIP shall not be required to furnish such Information with such increased frequency or quickness as
requested unless DW pre-approves such costs and agrees to reimburse Universal and/or UIP, as applicable, for same (subject to appropriate reduction, to be mutually agreed, if and to the extent that such increased frequency or quickness is also
accorded [subject to DW’s approval] to any party other than DW). Any dispute as to whether such increased frequency or quickness is within the scope of services to be rendered by Universal and/or UIP hereunder will be subject to dispute
resolution pursuant to Paragraph 10 of the Master Agreement. DW shall, on request, be supplied Information by tape data transmission, without any fee if so supplied to the UIP Owners, or otherwise at Universal and/or UIP’s direct actual
out-of-pocket cost. 

  

	 	(g)	 Notwithstanding anything in this section (f) to the contrary, in no instance shall Information include 

  

 19 

	 	 
(and Universal and UIP shall not be required to provide) (i) internal financial information of Universal, UIP and/or the UIP Owners, or (ii) Information
which is not related to the exploitation and performance of motion pictures or the costs of distribution. 

  

	 	ii.	Operations: 

  

	 	(a)	As to the Pictures: Print inventories (features and trailers) together with an analysis of print storage costs by title and quantity, not less than on a quarterly basis.

  

	 	(b)	Print orders for the Territory, for the initial release date and for the date 30 days thereafter. 

  

	 	(c)	For the top ten markets only, trailer release dates, on a monthly basis for the period commencing with the first release of the trailer through 30 days after initial theatrical
release. 

  

	 	(d)	Unless the “Payment Reports” (as defined below) include an itemization of dubbing expenses, dubbing budgets on a territory-by-territory, Picture-by-Picture basis and in
local currency where applicable, not less than on a monthly basis. 

  
 4. Grant of Rights: 
  

	 	a.	DW grants to Universal Theatrical Distribution Rights in the Pictures in the Territory during the Term, which Theatrical Distribution Rights include the right (but only in
connection with the exercise of the Theatrical Distribution Rights): 

  

	 	i.	To distribute the Pictures through UIP and its Subdistributors, as specified herein, and to exhibit, advertise, publicize and exploit the Pictures pursuant to the terms hereof;

  

	 	ii.	To use the name and likeness of any person who rendered services on the Pictures for advertising and promoting the Pictures, subject to contractual and/or union/guild restrictions
on such uses of which Universal is timely notified in writing and with which Universal shall have the affirmative obligation to comply; 

  

 20 

	 	iii.	Subject to any limitations upon DW’s rights timely communicated to Universal or UIP, to publicize, advertise and exploit the Pictures and the titles (as designated by DW)
thereof throughout the Territory during the Term and to permit others to do so; 

  

	 	iv.	Subject to any limitations upon DW’s rights timely communicated to Universal or UIP, to cause trailers of the Pictures and prints thereof to be manufactured, exhibited and
distributed; and 

  

	 	v.	To order and procure from DW, and subject to the terms hereof directly from any laboratory in any part of the world holding pre-print or other material (which material shall, at
DW’s election, be held in DW’s name) such number of release prints and related materials as DW requires. 

  

	 	vi.	Subject to any limitations upon DW’s rights timely communicated to Universal or UIP, any contractual and/or union/guild restrictions of which Universal/UIP is notified in
writing, and DW’s prior written approval in each instance pursuant to its approval rights hereunder, to utilize the different titles of the Pictures designated by DW for each country of distribution, to dub and subtitle the Pictures and
trailers and to edit same as may be required by the distribution/exhibition requirements in the particular countries in the Territory; to publish and authorize others to publish synopses of and excerpts from the Pictures and any literary material
included in the Pictures upon which they were based for use in newspapers, magazines, press books and other publicity-related periodicals and in television and radio advertising. Without limiting the generality of the foregoing, with respect to
subtitling and dubbing, DW shall determine, in its sole discretion, which Pictures, if any, shall be subtitled and/or dubbed and in what languages. DW shall have the right in its absolute discretion to approve any edited version of the Pictures and
all language tracks and subtitles. 

  

	 	b.	 Universal and UIP shall maintain security and anti-piracy measures consistent with the highest level of security and anti-piracy measures maintained for the UIP
Owners’ pictures to prevent unauthorized distribution, copying and the infringement of any of DW’s rights. If DW desires security and anti-piracy measures beyond those provided by Universal and UIP per the preceding sentence, it may
require Universal and UIP to provide same (or DW may make its own third party arrangements for such services) 

  

 21 

	 	 
at DW’s sole cost and expense. Each party shall immediately notify the other of any unauthorized copying, distribution, exhibition or other exploitation
of the Pictures and of any other infringements or violations of DW’s copyrights, trademarks and other rights in the Pictures of which such party has knowledge. DW shall take such actions as it deems appropriate with respect thereto. To the
extent appropriate, Universal and/or UIP shall join in any actions and cooperate fully in any litigation or other proceedings to protect the Pictures and DW’s rights. If DW elects to proceed alone directly through its own counsel, DW shall bear
the costs thereof and DW shall be entitled to retain any recovery. If DW does not elect to proceed as provided in the prior sentence, Universal or UIP shall have the right to proceed either in DW’s name or in Universal’s or UIP’s
name, in which event all recovery reasonably allocated to the Pictures shall be included in Gross Receipts and all reasonable, actual direct third party expenses reasonably allocated to protecting the Pictures shall be a Distribution Expense. DW
shall cooperate fully therewith, and if recovery is through MPAA or MPA actions, any financial recovery shall be applied consistent with MPAA or MPA practices. To the extent Universal and/or UIP pays direct additional costs related to piracy,
copyright or trademark infringement or other violations of DWs rights in the Pictures, such costs (to the extent pre-approved by DW), including but not limited to anti-piracy print coding, MPAA or MPA anti-piracy programs, and other
anti-infringement activities, shall be payable by DW. Notwithstanding the foregoing, DW may, in its sole discretion, elect not to have the Pictures included in such MPAA, MPA, piracy, copyright or trademark infringement or other actions.

  

	 	c.	In the exercise of Theatrical Distribution Rights hereunder: 

  

	 	i.	Neither Universal nor UIP shall re-cut, dub, sub-title, edit or alter the Pictures, without DW’s prior written approval; 

  

	 	ii.	Neither Universal nor UIP shall add trailer, commercial or other material to the Pictures without DW’s prior written approval, and neither Universal nor UIP shall use any
elements from the Pictures as part of a commercial, advertisement or trailer in other motion pictures distributed by Universal or UIP, without DW’s prior written approval. Notwithstanding the foregoing, neither Universal nor UIP shall be in
breach if a local theater owner violates the terms of the preceding sentence, provided that neither Universal nor UIP has consented to or approved same; 

  

 22 

	 	iii.	Without DW’s prior written approval, neither Universal nor UIP shall distribute the Pictures through “tying” arrangements or package deals (e.g., where the Pictures
are marketed and sold in a group with other motion pictures); and 

  

	 	iv.	Subject to Paragraph 11.b., without DW’s prior written approval, neither Universal nor UIP will alter the credits on the Pictures, and Universal and UIP will otherwise comply
with all credit obligations on the Pictures. 

  

	 	d.	In no event shall the rights granted hereunder to Universal be construed to include rights to use any DW characters or other element of intellectual property owned or controlled by
DW in any way other than in connection with the advertising and distribution of the Pictures in which they appear, pursuant to the terms set forth in this Exhibit “A”. 

  

	 	e.	All rights not expressly granted to UIP under this Exhibit “A” are hereby expressly reserved to DW. Specifically, and without limitation, DW reserves all tangible and
intangible right to every Picture (except only the right specifically set forth to distribute Pictures in the Territory). All materials and other physical elements created hereunder shall be the property of DW upon creation.

  
 5. Collections/Remittance/Accounting:

  

	 	a.	 Gross Receipts: Gross Receipts consists of (i) all amounts paid or credited by theaters to UIP (or deemed “received” by UIP as set forth below in
this subparagraph 5.a.) for the right to exhibit the Pictures (including, without limitation, returnable and non-returnable advances) or as subsidies, prizes, or aid, and all receipts directly from the distribution of the Pictures in the case of so
called “four wall engagements and/or road shows” (“UIP Gross”) and (ii) all amounts payable or credited by Subdistributors to UIP, as DWs collection agent, for the right to distribute the Pictures or as subsidies, prizes, or aid,
and all receipts directly from the distribution of the Pictures in the case of so called “four wall engagements and/or road shows” (“SD Gross”) (UIP Gross and SD Gross shall collectively be referred to as “Gross
Receipts”). Gross Receipts shall be considered “received” when booked as a receivable, subject to later adjustment for amounts not received. Payment of such amounts shall be made directly for the account of DW, or at DW’s
election, of a DW-related entity, on a monthly basis. Gross Receipts shall not include amounts payable or credited to DW as a result of agreements and arrangements made directly 

  

 23 

	 	 
between DW and any DW Subdistributor or any promotional or commercial “tie-in” agreements entered into by DW. 

  

	 	b.	Amount Payable to DW: Subject to Paragraph 5.b.i.(6) below, Universal shall pay or cause to be paid to DW or, at DW’s election, to a DW-related entity, an amount equal
to 100% of the aggregate of the Gross Receipts, less the following in the order listed: 

  

	 	i.	Distribution Fees (“Distribution Fees”) to be retained by Universal of an amount equal to: 

  

	 	(1)	*** of 100% of Gross Receipts paid to, or credited against uncontested outstanding sums owed to Universal by, DW until Gross Receipts equal***; 

  

	 	(2)	*** of 100% of Gross Receipts paid to, or credited against uncontested outstanding sums owed to Universal by, DW for to DW from the point that Gross Receipts exceed *** until Gross
Receipts equal ***; 

  

	 	(3)	*** of 100% of Gross Receipts paid to, or credited against uncontested outstanding sums owed to Universal by, DW for to DW from the point that Gross Receipts exceed ***;

  

	 	ii.	All “Distribution Expenses” (as defined below) accrued by Universal on behalf of DW calculated in accordance with Paragraph 5.d. below, subject to adjustment for
Distribution Expenses accrued but not paid, in the same fashion as for UIP Owners. 

  

	 	c.	CALCULATION OF DISTRIBUTION FEES: 

  

	 	i.	For purposes of the calculation of the Distribution Fees pursuant to subparagraph 5.b.i, Gross Receipts shall be aggregated and calculated for each “contract year” (with
the first “contract year” being the one year period commencing the first day of the month in which the first release of a Picture hereunder occurs and each subsequent “contract year” being the one year period commencing on

  

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

 24 

 the next anniversary of the first day of the month in which the first release of a Picture hereunder
occurs), such that at the beginning of each contract year the fee payable to Universal pursuant to the schedule in Paragraph 5.b.i. above (“Schedule Percentages”) shall be calculated by again commencing with Paragraph 5.b.i.(1).
Notwithstanding the foregoing, (i) all post-Term services (regardless of when rendered) shall be deemed to occur in the last contract year that begins during the Term, and (ii) if the last contract year is a partial year, the fee payable to
Universal for Gross Receipts from such partial year as well as Gross Receipts from the distribution of any of the Pictures beyond the Term per Paragraph 1.b. above shall be the lesser of ***of Gross Receipts paid to DW or the otherwise applicable
Schedule Percentages. As used in subparagraph 5.b.i., Gross Receipts shall be based on actual receipt by DW for purposes of measuring when the Gross Receipts have been derived. 
  

	 	ii.	Notwithstanding anything to the contrary in subparagraphs 5.b.i.(1)-(3) above, where UIP utilizes a Subdistributor (or services a DW Subdistributor engaged by DW pursuant to
Paragraph 3.b.iii. above), Universal shall be entitled to a fee based on SD Gross in the amount of *** of the applicable Schedule Percentages; provided, however, as provided in subparagraph 5.a., that UIP Gross and SD Gross shall be aggregated in
any event for purposes of calculating the Gross Receipts breakpoints for the Schedule Percentages in subparagraphs 5.b.i.(1)-(3). 

  

	 	iii.	No Distribution Fee shall be payable to Universal until concurrent payment to DW of the Gross Receipts, if any, upon which such fee is charged, it being recognized that Universal is
entitled to recoup Distribution Expenses out of amounts otherwise payable to DW which recoupment shall not affect Universal’s right to its Distribution Fee hereunder. In the event of any adjustment as provided in Paragraph 5.a. above, the
Distribution Fee shall be similarly recalculated and adjusted. 

  

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

 25 

	 	iv.	Notwithstanding the foregoing, if Universal and/or UIP changes its accounting methodology (it being agreed that the re-allocation of an in-house expense to an outside source shall
not be deemed to be a change in accounting methodology), its new accounting methodology shall govern this Exhibit “A”; provided, however, that if the current accounting methodology used by Universal in connection with the UIP Owners is
more favorable to DW than Universal’s new accounting methodology, Universal’s current accounting methodology shall govern this Exhibit “A”. 

  

	 	v.	In no event shall the Distribution Fees be less favorable to DW than the distribution fees paid to or retained by Universal and/or UIP in connection with Universal’s (or
UIP’s) overall distribution in the Territory of motion pictures produced by any party other than a UIP Owner, it being agreed that for the purpose of determining whether Universal and UIP have complied with this “favored nations”
assurance, Universal’s or UIP’s receipt of a distribution fee plus any other consideration (in any form, e.g. non-monetary consideration such as other rights granted to Universal at the time) shall be taken into account, so that the
determination is an “apples-to-apples” comparison, as much as possible, and, in any event, one picture deals and output deals for any country which represents less than *** of the rental receipts from theatrical distribution in the
Territory for the prior year shall be excluded. 

  

	 	d.	Distribution Expenses: “Distribution Expenses” shall mean all actual direct out-of-pocket costs and expenses accrued (i.e., *** after being accrued, provided such
costs and expenses are paid no more than *** thereafter), or otherwise when paid, by Universal and/or UIP in connection with the distribution of the Pictures in accordance with, and subject to, all of the terms and conditions of this Exhibit
“A”. Distribution Expenses paid in connection with both Pictures and other pictures will be allocated in a manner agreed by the parties. Included in Distribution Expenses are the following costs: 

  

	 	i.	Manufacturing of prints, and subtitling, dubbing and editing; 

  

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

 26 

	 	ii.	Advertising, promoting, and publicizing the Pictures in publications, radio and television, previews, P.O.P. materials, displays and all other media; 

  

	 	iii.	Freight, insurance (provided, however, that if DW would be required hereunder to reimburse Universal and/or UIP for such insurance costs and Universal and/or UIP can exclude DW
under the terms of the policy, then DW may in its sole discretion decline such insurance), and storage; 

  

	 	iv.	Applicable payments to performing right societies (e.g., SESAC) which Universal and/or UIP is required to pay; 

  

	 	v.	Prosecution, settlement and/or defense of copyright infringement, trademark infringement, unfair competition and related claims and litigation, provided that all amounts recovered
pursuant to any of the aforementioned shall be included in Gross Receipts as provided in Paragraph 4.b.; and 

  

	 	vi.	Permit fees and sales, use, remittance, transfer and other taxes on goods, however denominated. 

  

	 	vii.	 Notwithstanding anything in subparagraphs i - vi above, in computing Distribution Expenses, any allocation among the Pictures and UIP Owner’s pictures shall be
reasonably and fairly made, in a manner no less favorable to DW than to the UIP Owners and none of the following shall constitute Distribution Expenses or otherwise be paid by DW to Universal and/or UIP: (a) except to the extent caused by DW’s
actions or inaction, expenses associated with delinquent payments by Universal and/or UIP to suppliers, vendors or other service providers (e.g., interest or finance charges); (b) so-called “overhead” expenses or other indirect costs
(including, without limitation, salaries and travel expenses) of Universal and/or UIP; (c) expenses associated with tradeshows, film festivals, conventions and similar events, except that incremental increases in such costs over those paid in prior
years (to the extent pre-approved by DW and solely attributable to the Pictures) shall be Distribution Expenses hereunder; (d) any other expenses (other than actual direct out-of-pocket costs and expenses otherwise reimbursable under this
subparagraph 5.d. as set forth above) of any kind, including, without 

  

 27 

	 	 
limitation, collection costs and Universal’s and UIP’s share of trade association dues and assessments (subject to an appropriate reduction, to be
mutually agreed, if and to the extent publications or reports from such trade associations are not supplied to DW hereunder per subparagraph 3.f.(i)(f), and provided further that DW may elect in any event to become a member of any such trade
association(s) and pay such dues and assessments directly to the appropriate association(s), in which event DW shall not be responsible for any share of Universal’s and VIP’s dues and assessments to such association(s)), except that
incremental increases in such costs over those paid in prior years (to the extent pre-approved by DW and solely attributable to the Pictures) shall be Distribution Expenses hereunder. 

  

	 	e.	Finance/Audits: 

  

	 	i.	Advances/Rebates: UIP shall promptly disclose in writing and credit to DW all advances, volume discounts, laboratory and other vendor rebates and any other economic
consideration or financial advantages accorded UIP by a third party as a direct or indirect result of UIP’s distribution of the Pictures whether or not specifically allocated to the Pictures, including any amounts received for or in connection
with the distribution of motion pictures including the Pictures which are not specifically allocated or credited to the distribution of specific Pictures consistent with Section 3.c. All such advances, volume discounts, laboratory and other vendor
rebates and other economic consideration or financial advantages will be allocated to the Pictures according to the terms of the agreements in question, or, if such agreements do not provide a means of allocation, on a fair and reasonable basis
(subject to later reconciliation if and to the extent such allocation was in retrospect unfair or unreasonable to either party). DW shall have access to any agreement which provides for any such advance, volume discount, laboratory or other vendor
rebate or other economic consideration or financial advantages, subject to the conditions set forth in subparagraph 3.c above with respect to third party suppliers. No rebates which relate, in whole or in part, to the Pictures shall be granted to
UIP’s Subdistributors without DW’s specific written consent. 

  

	 	ii.	 Local Currency: Other than amounts which cannot legally be remitted from the country in which they are earned 

  

 28 

	 	 
(“Blocked Currency”), all amounts payable hereunder shall, as DW elects, be paid in either U.S. currency or the currency of the country where such
Gross Receipts are received. In the event that DW elects to be paid such amounts in U.S. currency, the amounts shall be converted, using the same exchange rate for Distribution Expenses and Gross Receipts, on specified dates of which Universal
and/or UIP shall notify DW on an ongoing basis and which shall be the same dates and rates used for the UIP Owners’ pictures; provided, if amounts are not converted directly from the foreign currency in which they were received to U.S. currency
(i.e., if intermediary conversion to other currency(ies) is utilized), then Universal shall bear all risk from fluctuation of such intermediary currencies. Notwithstanding the above, DW shall have absolute approval over any currency hedging
contracts applicable to the Pictures entered into by UIP, and DW shall have the right to enter into foreign currency hedging contracts with respect to amounts due hereunder. In the case of Blocked Currency, DW shall have the right to elect whether
to receive some or all of the payment which may be due in such Blocked Currency, in the country where it is located. DW may use such amounts to pay Universal for any Distribution Expenses, Distribution Fee or other amounts due hereunder on the
Pictures in the country of such Blocked Currency or make any other arrangements with respect thereto as are available to the UIP Owners. To facilitate this, Universal shall cause UIP, on each statement hereunder, to advise DW in writing as to Gross
Receipts which are in Blocked Currency and Universal shall, at the written request of DW (subject to any and all limitations, restrictions, laws, rules and regulations affecting such transaction), deposit into a bank designated by DW in the country
involved, or pay to any other party designated by DW in such country, any Blocked Currency which would have been payable to DW hereunder. Such deposits or payments to or for DW shall constitute due remittance to DW, and Universal shall have no
further interest therein or responsibility therefor. At DW’s election, Universal will convert such deposits or payments into U.S. dollars to the same extent and in the same manner and proportion that UIP is able to convert such funds for UIP
Owner’s pictures. 

  

	 	iii.	 Bonuses: To the extent that UIP pays bonuses or compensation or consideration of any type (including, without limitation, discretionary bonuses) to its sales
staff or other employees or to any person or entity which renders 

  

 29 

	 	 
services on or in connection with UIP’s distribution of the Pictures, that are tied or relate in any fashion, in whole or in part, directly or
indirectly, to UIP staff’s revenue generation in connection with UIP pictures, UIP shall include the Pictures on a pro-rata basis in all such calculations and with respect to all such bonuses, compensation or consideration such that any person
or entity which receive a bonus shall have equal incentive with respect to the Pictures as compared to other UIP pictures. DW may not pay bonuses or consideration of any type directly to UIP’s personnel. 

  

	 	iv.	Computer System/Electronic Mail: DW shall be “on line” on UIP’s computer systems as to information DW is entitled to hereunder and shall have direct access to
UIP’s electronic mail system, if any, and any other system of communication between UIP and the UIP Owners and will reimburse UIP or Universal, as the case may be, for the allocable portion of UIP’s or Universal’s actual, direct,
third party out-of-pocket additional installation and hardware costs, if any, paid by UIP or Universal as a direct result thereof, within a reasonable period following receipt of appropriate supporting documentation; provided, however, that at the
expiration or earlier termination of the Term, UIP shall (at DW’s election) either: (a) give DW any hardware for which DW has reimbursed Universal or UIP; or (b) UIP shall retain such hardware and refund to DW the amount equal to the
depreciated value of such hardware. 

  

	 	v.	Tax Rebates: Universal shall be entitled to charge remittance taxes, but shall be obligated to rebate to DW*** of such taxes at the end of the year in which they are
withheld, and the remaining *** at the end of the following year. 

  

	 	vi.	UIP Owned Businesses: With respect to the distribution of Pictures hereunder, any agreement with any theater or theater chain, or any supplier or other business or entity
owned in whole or in part, directly or indirectly, by UIP or any UIP Partner (“UIP Business”) shall be fair and reasonable in the marketplace and on an arms-length basis. 

  

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

 30 

 If Universal has UIP audit and monitor any agreement with a UIP Business to ensure that DW is not
prejudiced in any fashion as a result of such business being owned by UIP or a UIP Partner, it shall supply to DW all information with respect thereto supplied to the UIP Owners, including the results of any such audit or procedure. 
  

	 	f.	Accountings: 

  

	 	i.	 Universal shall cause UIP to furnish to DW, on a monthly basis, within *** from the end of each calendar month, revenue and payment detail reports (the
“Payment Reports”) in a format approved by DW, which format may change from time-to-time in DW’s good faith discretion. The Payment Reports shall, among other things, indicate with specificity on a territory-by-territory basis, all
Gross Receipts earned by each Picture and all Distribution Expenses for each Picture and any Distribution Fees (as set forth in Paragraph 5.b) with respect thereto, and (since Gross Receipts are on a billings basis and Distribution Expenses on an
accrual basis) shall reconcile prior Payment Reports to reflect Gross Receipts actually received and Distribution Expenses actually paid, in a manner consistent with the way such items are reconciled for the UIP Owners. All Distribution Expenses and
Gross Receipts shall be fully crossed among all Pictures hereunder for purposes of recoupment by Universal of its advances of Distribution Expenses hereunder; in no event will Distribution Expenses and Gross Receipts be crossed between this Exhibit
“A” and Exhibit “B” (except only if and to the extent that DW fails to timely make any payments required hereunder). Payment Reports may be corrected, adjusted or supplemented by Universal from time-to-time to reflect
adjustments, uncollectible amounts, errors, etc. No Payment Reports need be rendered for any accounting period during which there are no Gross Receipts or Distribution Expenses to be reported. If Universal and/or UIP are required to incur any new
additional costs (of which Universal and/or UIP notifies DW in advance) for outside personnel Universal and/or UIP are required to engage solely in order to furnish any Payment Reports which are re-formatted to DW’s specifications and which are
not included within the scope of services to be rendered by Universal and/or UIP under this Exhibit “A”, Universal and/or UIP shall not be required to furnish such re-formatted Payment Reports unless DW pre-approves such costs and agrees
to reimburse Universal and/or UIP, as 

  

 31 

	 	 
applicable, for same (subject to appropriate reduction, to be mutually agreed, if and to the extent that the format of such re-formatted Payment Reports is
used for similar reports [subject to DW’s prior approval] to any party other than DW). Any dispute as to whether such re-formatted Payment Reports are within the scope of services to be rendered by Universal and/or UIP hereunder will be subject
to dispute resolution pursuant to Paragraph 10 of the Master Agreement. 

  

	 	ii.	Concurrently with its receipt of each Payment Report, Universal will pay to DW amounts indicated thereon to be due to DW. All payments to DW or Universal, as the case may be,
hereunder shall be made by wire transfer or such other method as DW or Universal, as the case may be, shall approve. Payments to DW shall be to DW or any entity designated from time-to-time by DW. Alternatively, at DW’s election, such payment
shall be made directly by MCA International, B.V. in the Netherlands to a DW subsidiary in the United Kingdom or such other country as DW may designate, provided that any additional remittance or other taxes paid by MCA and resulting from payment
being so made shall be a Distribution Expense, in which event MCA will rebate to DW *** of such tax credits at the end of such year and the remaining *** at the end of the following year. 

  

	 	iii.	If a Payment Report indicates that the Distribution Expenses of Pictures exceed the Gross Receipts, DW shall pay Universal the difference within 5 business days following DW’s
receipt of the Payment Report. In the event that it is later determined that such Payment Report overstated the amount payable by DW to Universal, DW shall be entitled to an immediate refund of such overpayment (plus interest thereon at the rate set
forth in sub-paragraph iv). 

  
 Interest shall be
charged on the amount due a party as computed from the date of the Payment Report but shall be waived if payment of the amount owing 
  

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

 32 

 is made within 5 business days after the receipt of the Payment Report. 
  

	 	iv.	Interest shall be charged on any amount which is not paid when due (from the date due until the date of payment) hereunder by either party at the *** rate from time-to-time in
effect. Such interest shall be paid at the same time as the associated principal payment shall be made. 

  

	 	v.	DW shall be entitled to all audit results respecting the Pictures on the same basis and frequency as UIP Owners are provided with audit results as to their pictures. In that regard,
DW acknowledges that currently such UIP audits are performed annually on an alternating basis using internal and external auditors. 

  

	 	g.	Access and Audit Rights: 

  

	 	i.	Universal shall keep, and shall cause UIP to keep, full, true and complete records and books of accounts together with all supporting vouchers and documents relating to the
distribution of the Pictures hereunder (collectively, “Records”), and maintain, and cause UIP to maintain, for a period of seven years following DW’s receipt of a Payment Report all Records relevant thereto. Notwithstanding the
foregoing, Universal shall in any event, and shall cause UIP in any event to, keep and maintain (or deliver to DW) all of the above mentioned materials for any longer period required to complete an open audit of which DW gives notice or in the event
of an unresolved dispute with any participant or third party related to a Picture of which DW gives notice. 

  

	 	ii.	Universal grants DW and its agents, employees and representatives the rights, from time-to-time at all times during the Term and for a period of *** after the latter of the
expiration of the Term and the delivery of the last Payment Report hereunder, with reasonable prior notice to Universal and at all reasonable hours and with reasonable frequency, to examine, audit and take excerpts from and make copies of any such
records, invoices, book of account, computer or data base information, and all other documents or 

  

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

 33 

 correspondence related to the distribution of the Pictures or to the calculation of amounts due to or
from DW hereunder; provided, however, transactions will not be subject to audit more than *** years after delivery to DW of the Payment Report in which such transactions are initially reported. Notwithstanding the foregoing, DW shall only be
entitled to confidential third party information to the extent the same is reasonably necessary to resolve an issue(s) under audit; if Universal and/or UIP refuses to supply any such information, the parties will (on DW’s request) submit to
dispute resolution pursuant to Paragraph 10 of the Master Agreement and the “Judge” (as defined in the Master Agreement) shall impose such reasonable procedures (including, without limitation, limiting disclosure to auditors, redaction and
in camera proceedings) as the Judge deems necessary to accord information reasonably necessary to conduct the audit while preserving the third party’s legal rights to confidentiality. DW’s audit rights hereunder shall include the right to
examine and inspect all inventory of the Pictures in the possession or control of Universal, UIP and any Subdistributors and/or the duplication, printing and storage facilities used by Universal. All such audits shall, except as otherwise provided
in subparagraph 5.g.iii. below, be at DW’s sole cost and expense. 
  

	 	iii.	If an audit discloses any inaccuracies or discrepancies in Universal’s and/or UIP’s books and records with respect to the distribution of the Pictures hereunder or the
amounts payable to or from DW, Universal and/or UIP, as applicable, shall cure such inaccuracies and discrepancies within thirty (30) days following notice thereof. In the event an audit shall uncover a deficiency as of the end of the period
audited, or for any period of at least six months during the period audited, in each case equal to or greater than *** in any account owed at any time by Universal and/or UIP, as applicable, to DW hereunder, Universal and/or UIP, as applicable,
shall immediately pay DW (i) said deficiency in full, and (ii) all costs and expenses in connection with such audit including, without limitation, hotel and airfare expenses. 

  

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

 34 

	 	iv.	In the event of an audit, Universal and/or UIP, as applicable, shall provide DW and its agents, employees and representatives with reasonable and suitable physical conditions in
which to conduct such audit, including, without limitation, a desk and chair, adequate lighting and suitable ventilation, as well as a copying machine with which to make copies. UIP shall cause each Subdistributor to comply with the foregoing.

  

	 	v.	Each of Universal, UIP and DW shall use reasonable efforts to conduct any audit in an expeditious manner. 

  

	 	h.	Operations: 

  

	 	i.	Prints: UIP shall catalog and track (in a manner reasonably acceptable to DW) all prints and trailer and other advertising material and for the destruction of prints and for
issuance of a certificate of destruction evidencing same, to the extent done for other UIP Owners (or to a greater extent as required by DW, provided, however, that if Universal and/or UIP are required to incur any new additional costs (of which
Universal and/or UIP notifies DW in advance) for outside personnel Universal and/or UIP are required to engage solely in order to render such more extensive cataloging and tracking services which are not included within the scope of services to be
rendered by Universal and/or UIP under this Exhibit “A”, Universal/UIP shall not be required to furnish such more extensive cataloging and tracking services unless DW pre-approves such costs and agrees to reimburse Universal and/or UIP, as
applicable, for same (subject to appropriate reduction, to be mutually agreed, if and to the extent such more extensive cataloging and tracking services are utilized [subject to DW’s prior approval] by any party other than DW). Any dispute as
to whether such more extensive cataloging and tracking services are within the scope of services to be rendered by Universal and/or UIP hereunder will be subject to dispute resolution pursuant to Paragraph 10 of the Master Agreement.

  

	 	ii.	 Laboratories: DW shall have the right, at DW’s option, to negotiate laboratory deals independently of UIP (provided that DW will in appropriate
circumstances use its good faith efforts to provide UIP notice thereof; it being agreed that DW’s failure to do same shall not be deemed to be a breach of this Exhibit “A”); otherwise DW shall be entitled 

  

 35 

	 	 
to piggyback on the economics terms of Universal’s laboratory deal. 

  
 6. Representations and Warranties: 
  

	 	a.	DW represents and warrants that: 

  

	 	i.	As of the date UIP commences to advertise and/or distribute a Picture hereunder there shall be no claims, liens, encumbrances or licenses in or to the Picture which would limit or
interfere with the rights hereby granted. 

  

	 	ii.	All negatives and other materials to be delivered or made available to Universal will be of a quality suitable for the manufacturing of technically acceptable positive release
prints of the Pictures and trailers thereof. 

  

	 	iii.	Unless DW notifies Universal or UIP in writing to the contrary, there will be no restrictions which would prevent Universal from distributing the Pictures consistent with the
provisions of this Exhibit “A”. There will not be any payments which must be made by Universal to any actors, musicians, directors, writers or other persons who participated in the Pictures, or to any union, guild or other labor
organization for any right to exhibit the Pictures or as compensation in connection with such exhibition or for any other use of the Pictures or any of the rights therein and thereto, provided that DW shall not be obligated to supply any performing
rights license (e.g., SESAC) which may be required in connection with exhibition of any Picture except only to the extent obtained by the UIP Owners or otherwise as customary in the motion picture business for so-called “major” studios.

  

	 	b.	Universal represents and warrants that: 

  

	 	i.	Neither Universal (nor UIP) will suffer or permit any lien, claim, encumbrance, pledge or mortgage to attach to any Picture or to any materials furnished by DW relating to the
Pictures. 

  

	 	ii.	 No material (including, without limitation, advertising, publicity, promotional, trailers, etc.) added to the Pictures or used in connection therewith by Universal
or on its behalf by UIP violates or will violate, or infringes or will infringe, any trademark, trade name, contract, agreement, copyright (whether common law or statutory), patent, literary, artistic, dramatic, personnel, private, civil, 

  

 36 

	 	 
property, or privacy right or “moral rights of authors” or any other right or slander or libel, any person or entity, provided that the foregoing
shall not apply to any material which is created by or supplied by DW. 

  

	 	iii.	UIP has or will have written agreements with each Subdistributor hereunder to comply with the terms and conditions of this Exhibit “A”. Such agreements will be made
available to DW promptly upon its request. 

  
 7.
Indemnity: In addition to, and without limiting, each party’s indemnity pursuant to Paragraph VIII.5. of the Master Agreement, each party (“Indemnitor”) shall also at its own cost and expense indemnify, defend and hold the
other party, its and their parents and affiliates, and their respective employees, agents, managers, subdistributors, directors and shareholders (collectively, “Indemnitee”) harmless from and against any and all loss (exclusive of
profits), liability or expense resulting from any claim, demand or suit which may be made or brought against Indemnitee by reason of any claim by any third party that a Picture, or any element thereof, including, without limitation, the sound and
music synchronized therewith, or any material (including, without limitation, advertising, publicity, promotional trailers, etc.) added to the Picture or used in connection therewith, to the extent any of the above are supplied by or at the request
or direction of or on behalf of Indemnitor and utilized by Indemnitee as instructed by Indemnitor, or added by the Indemnitor without Indemnitee’s knowledge, violates or infringes upon the trademark, trade name, patent, copyright, literary,
dramatic, musical, artistic, personal, private, publicity, civil, property or contract right, right of privacy, the moral rights of authors or any other right of any person, firm, corporation or entity. Universal will not be entitled to any
indemnity hereunder to the extent that losses arise or result because Universal fails to withdraw any Picture which is the basis of any such claim from distribution immediately as, when and to the extent so instructed by DW (in which event DW will
indemnify Universal and UIP against third party breach of contract claims in connection with contracts entered into by Universal and/or UIP in accordance with the terms of this Exhibit “A” and based on such withdrawal). DW shall maintain
and cause Universal and UIP to be added as additional insureds (without responsibility for premiums or deductibles) with respect to the Pictures under DW’s customary Errors and Omissions policy pertinent to exhibition of the Pictures in the
Territory (and each country therein). All such insurance coverage shall be primary to any other coverage maintained by Universal and UIP. DW will supply Universal with customary certificates of insurance and copies of the pertinent policies
evidencing DW’s coverage, if any. Notwithstanding the foregoing, DW may elect in its sole discretion to self-insure. Universal shall be fully responsible for the loss or destruction of any Pictures or related physical elements in
Universal’s or VIP’s or any of their Subdistributors’ or agents’ possession or control, unless and to the extent that the negligent or wrongful conduct of DW and/or a third party with whom DW contracts directly pursuant to
Paragraph 3.c of this Exhibit “A” results in such loss or destruction (and further provided that such negligent or wrongful conduct is not of the type for which the distributor would be responsible under industry custom). To the extent UIP
does so for UIP Owner’s pictures, the Pictures shall be covered, and DW shall be added as an additional insured (without responsibility for premiums or 

  

 37 

 
deductibles), under UIP’s property, casualty, and liability insurance and the proportionate cost thereof shall be a Distribution Expense hereunder
(provided, however, that if DW would be required hereunder to reimburse Universal and/or UIP for such insurance costs and Universal and/or UIP can exclude DW under the terms of the policy, then DW may in its sole discretion decline such insurance).
All such insurance coverage shall be primary to any other coverage maintained by DW. UIP shall immediately forward to DW Certificates of Insurance evidencing UIP’s coverage, if any. Notwithstanding the foregoing, Universal may elect in its sole
discretion to self-insure. 
  
 8. Copyright: DW at its sole
expense shall cause the Pictures to be protected by copyright in any part of the Territory where motion pictures may be protected by copyright. Universal will cooperate as reasonably required by DW in connection with actions undertaken by DW (in its
sole discretion) to protect copyrights, trademarks, etc. 
  
 9.
Delivery: DW shall timely deliver to Universal at DW’s expense all pertinent physical materials which DW reasonably deems necessary to facilitate Universal’s exercise of its Theatrical Distribution Rights hereunder provided that
Universal and UIP shall have no liability whatsoever for any loss, cost or damages caused by DW’s failure to provide customary advertising and release materials in a complete and timely manner, except and to the extent that such failure is the
fault of a Universal-provided service provider with whom DW has not directly contracted for the service provided. DW will provide Universal with any then-available print, trailer and advertising materials within sufficient time to enable UIP to meet
DW’s advertising and release requirements hereunder. DW will deliver to Universal a fully-executed laboratory access letter for each Picture in which DW has granted Universal Theatrical Distribution Rights hereunder. 
  
 10. Termination: 
  

	 	a.	Termination Without Cause: 

  

	 	i.	 DW and/or Universal shall be entitled to terminate this Exhibit “A” and/or Exhibit “B” (but not Exhibit “C” and/or Exhibit
“D”), as DW or Universal, as applicable, determines in its sole discretion, at any time, without cause, upon twelve-months written notice as to the Exhibit(s) being terminated. Termination without cause must be in good faith and after
written notice to the non-terminating party specifying in good faith the terminating party’s problems, suggested solutions and following the opportunity for both parties to meet and work together to cure such problems. Termination under this
subparagraph 10.a. will not be subject to arbitration and/or litigation except solely for claims of bad faith or alleged violation of the next sentence. Termination without cause would not be appropriate if the reason for the termination was: (a)
solely for the economic advantage of the terminating party (e.g., 

  

 38 

	 	 
for DW to make a better deal or if Universal determined that this is not a good deal); and/or (b) solely because DW has started (or wants to start) its own
distribution company and/or network for the Territory (although if DW otherwise terminates without cause, DW may thereafter commence its own distribution company and/or network). 

  

	 	b.	Termination With Cause: 

  

	 	i.	This Exhibit “A” (and Exhibit “B”, if DW determines in its sole discretion) may be terminated by either party, either (a) entirely; (b) in any country(ies) or
“Region(s)” (as defined below) where the applicable event or non-performance has occurred (and either entirely in such country[ies] or Region[s]), or only with respect to any Picture(s) affected by such event or non-performance in such
country[ies] or Region[s]); and/or (c) in the entire Territory with respect to a Picture(s) affected by such event or non-performance, all as the terminating party determines in its sole discretion without prejudice to any other rights or remedies
available to it, upon the happening of any of the following circumstances: 

  

	 	1.	If the other party shall materially breach this Exhibit ”A” (provided that the non-terminating party shall have a period of 30 days, or such other shorter period as may be
reasonably required with respect to each alleged breach, following written notice thereof (specifying in reasonable detail the alleged breach and the action(s) necessary to cure same and indicating the Picture(s) and territory(ies) being terminated)
to cure an inadvertent breach; provided that no such cure shall be allowed for a second breach of the same type as to which the breaching party has previously been notified and given a cure period; or 

  

	 	2.	If the non-terminating party shall make any assignment for the benefit of creditors, file a petition for bankruptcy, be judged bankrupt or become insolvent, or if the other party
restructures or dissolves or changes pursuant to government order affecting a significant portion of the market. 

  

	 	ii.	 This Exhibit “A” (and Exhibit “B”, if DW determines in its sole discretion) may be terminated by DW, either (a) entirely; (b) in any
country(ies) or Region(s) where the 

  

 39 

	 	 
applicable event or non-performance has occurred (and either entirely in such country[ies] or Region[s]), or only with respect to any Picture(s) affected by
such event or non-performance in such country[ies] or Region[s]); and/or (c) in the entire Territory with respect to a Picture(s) affected by such event or non-performance, all as the terminating party determines in its sole discretion without
prejudice to any other rights or remedies available to it, upon the happening of any of the following circumstances: 

  

	 	1.	If UIP’s exemption from certain trade laws and regulations in the European Economic Community is not extended or renewed by the EEC Commission or other governing body
(“EEC”), with the result that UIP cannot conduct business in the EEC in the manner and with the organizational structure that exists as of the date of this Exhibit “A”, provided that if DW does not exercise its termination right
under this subparagraph 1 and Universal is permitted to continue to render services hereunder, so long as UIP (or if it cannot legally, then Universal) continues the services required hereunder to the maximum extent legally possible given such event
and at the level of services then required of UIP and Universal hereunder, such performance shall be deemed consistent with Universal’s obligations hereunder, it being acknowledged that DW may nonetheless thereafter choose to exercise its
termination right under this subparagraph; or 

  

	 	2.	 If UIP “restructures” (i.e., if UIP ceases to be the foreign distribution entity for any or all of UIP Owners or if the relative ownership interests among
the UIP Owners change); provided, however, that DW shall not be entitled to terminate pursuant to this provision if UIP (or a successor entity) continues to be the distribution entity for Paramount and Universal and no other U.S. major theatrical
studio or motion picture financier or distributor. If DW does not exercise its termination right under this subparagraph 2 and Universal is permitted to continue to render services hereunder, so long as UIP (or if it cannot legally, then Universal)
continues the services required hereunder to the maximum extent legally possible given such event and at the level of services then required of UIP and 

  

 40 

	 	 
Universal hereunder, such performance shall be deemed consistent with Universal’s obligations hereunder, it being acknowledged that DW may nonetheless
thereafter choose to exercise its termination right under this subparagraph; or 

  

	 	3.	If more than 3 times during any 12-month period during the Term or an aggregate of 7 times during the Term (provided that DW shall have given Universal reasonably prompt notice of
each such alleged event and/or non-performance and that UIP shall have failed to cure the same within 5 days, or such shorter period as reasonably required by DW, following DW’s written notice thereof to cure an inadvertent breach) UIP fails
to: 

  

	 	(a)	Timely provide any distribution and/or marketing plans and budgets and/or other information or documentation required under this Exhibit “A”; or 

 

	 	(b)	Release the Pictures pursuant to plan on dates and for durations for the release of the Pictures and in the theaters approved by DW, subject to customary force majeure events
(provided, in the event of a delay caused by a force majeure event, DW shall be permitted to distribute, or cause the distribution of, such Picture(s) as provided in Paragraph 2.c. above if DW reasonably determines that UIP will not be available to
release the Pictures as and when required by DW); or 

  

	 	(c)	Obtain distribution terms from exhibitors for the Pictures equivalent to those UIP has obtained for comparable pictures of a UIP Owner. 

  

	 	4.     (a)	 If DW determines that Universal (and UIP) has failed or will fail to achieve “Minimum Results” (as defined below) in the Territory as a whole, in any
“Region” as a whole (i.e., South America, Western Europe, Australia, New Zealand, Japan, Far East [to the extent included in the Territory] and/or Africa) and/or in any of UIP’s six top box office 

  

 41 

	 	 
grossing countries (provided, Japan shall not be considered a “country” for this purpose) for the preceding calendar year (each, a “Top 6
Country”, and currently Germany, France, England, Spain, Australia and Brazil) with respect to: (i) five or more Pictures in the Territory, any Region or any Top 6 Country during the Term; and/or (ii) any three out of five (on a rolling basis)
consecutively released Pictures (i.e., consecutively initially released in commercial motion picture theaters before paying public audiences in the United States) in the Territory, any Region or any Top 6 Country. (UIP will provide DW with a list of
the Top 6 Countries annually.) Minimum Results in the Territory, any Region or any Top 6 Country, as the case may be, shall be defined pursuant to Exhibit “A-2” attached hereto and incorporated herein by this reference.

  

	 	(b)	If DW believes that Universal (and UIP) has failed or will fail as provided in Exhibit “A-2” to achieve Minimum Results with respect to any Picture or Pictures, DW will so
notify Universal in writing, and unless Universal notifies DW in writing within ten business days thereafter stating in detail its objection to DW’s determination, such determination shall thereafter be deemed conclusive for all purposes and
not subject to later challenge. If Universal so objects to DW’s determination, DW may submit such dispute to dispute resolution pursuant to Paragraph 10 of the Master Agreement. DW’s right to submit such controversy to dispute resolution
shall be without prejudice to its other rights under the Agreement and shall not be deemed to be a challenge to the validity and/or enforceability of the Agreement. 

  

	 	(c)	 Notwithstanding the foregoing, a Picture(s) will not be required to achieve “Minimum Results” if DW materially changes UIP’s distribution plan
therefor and if the plan 

  

 42 

	 	 
submitted by UIP was consistent with the distribution plans proposed or implemented by UIP in connection with VIP’s distribution of comparable motion
pictures. 

  

	 	5.	If at any time during the Term any country(ies) comprising the Territory shall be or become subject to a United States Government embargo or trade restriction, and Universal fails
to immediately comply (and cause UIP to comply) with such embargo or trade restriction as to the Pictures; or 

  

	 	6.	If DW exercises its termination right with respect to this Exhibit “A” under the first sentence of Paragraph 7.B.(i) of Exhibit “B”. 

  

	 	c.	Upon termination of this Exhibit “A”, DW shall have the right (but not obligation) to order the immediate cessation of any or all distribution of the Pictures and the
immediate return of any or all prints and related materials, or, at DW’s election, to require Universal to continue distribution (subject to continuation of Distribution Fees on such Picture[s]) of some or all Pictures previously delivered and
either in release or ready for release as and for the duration of the initial period (as determined by DW in its absolute discretion) of theatrical distribution, and in those parts of the Territory designated by DW in its absolute discretion (though
DW shall not be obligated to deliver any additional Pictures subsequent to termination of this agreement); provided that Universal and UIP shall have the right to honor all then-existing DW-approved contractual commitments in connection with the
exercise of rights granted hereunder. Universal will remain obligated to make all accountings and payments set forth herein with respect to motion pictures distributed by it (or UIP). On expiration or other termination of the Term, Universal will
(subject to Section VIII.2 of the Master Agreement and the reasonable approval of Universal’s counsel) immediately execute such quitclaims and other documents as DW’s counsel deems necessary or advisable to evidence the termination of all
Universal’s rights with respect to some or all of the Pictures. Any disputes with respect to such quitclaim and other documents shall be resolved as set forth in Section VIII.2 of the Master Agreement. In the event no timely objection is made
or such objection is resolved, and Universal fails to execute immediately any document useful or necessary to effectuate the confirmation or implementation of the provisions hereof, DW shall be irrevocably appointed as Universal’s
attorney-in-fact for such purpose. It is acknowledged said appointment power is coupled with an interest. 

  

 43 

	 	d.	The parties acknowledge that if and to the extent DW terminates for cause Universal’s services hereunder, subject to the first and second sentences of subparagraph c. above,
Universal shall not be entitled to any Distribution Fees thereafter with respect to any terminated territory(ies) and/or Pictures (i.e., if DW terminates Universal’s services hereunder with respect to a particular territory(ies) and/or
Picture(s), Universal’s Distribution Fee will be calculated on Receipts attributable to other than such terminated territory(ies) and/or Picture(s)). 

  

	 	e.	At the expiration or termination of the Term, DW shall advise UIP to either return or destroy all materials in its possession in connection with the Pictures, as DW shall instruct.
Such action shall be at DW’s expense in the event of expiration, termination without cause by DW or termination for cause by Universal, and at Universal’s expense in the event of termination without cause by Universal or termination for
cause by DW. 

  
 11. Miscellaneous:

  

	 	a.	Standard of Care: Except as otherwise specifically directed or approved in writing by DW, in all actions under this Exhibit “A”, Universal shall cause UIP to act in
accordance with at least that standard of care that it exercises on behalf of each of the UIP Owners. Both parties shall operate under this agreement in good faith. Without limiting the generality of the foregoing, Universal will ensure that
services Universal provides to DW hereunder will be substantially equivalent in quantity, level and priorities to the services accorded by Universal with respect to theatrical distribution of Universal motion pictures; and services provided by UIP
(and any Subdistributor) will be substantially equivalent in quantity, level and priorities (including, without limitation, priorities in booking theaters, circuits and booking dates) to the services accorded by UIP (and any Subdistributor) to the
UIP Owners’ pictures of similar domestic theatrical grosses for same genre of picture. 

  

	 	b.	 UIP Distribution Credit: Universal shall have the right to accord UIP (or any successor entity, if permitted hereunder) its distribution credit (with its
logo) on screen for each Picture in reasonable and customary position on a separate card, but such credit shall be no larger or more prominent and shall remain on screen no longer than UIP’s present customary credit or UIP’s credit on the
motion pictures of the UIP Owners. Universal shall also have the right to accord UIP (or any successor entity, if permitted hereunder) its distribution credit (with its logo) in advertising in the Territory approved hereunder, in reasonable and

  

 44 

	 	 
customary position and size. DW shall have the right to designate all other credits on the Pictures and each agreement with a Subdistributor shall provide
that such Subdistributor is contractually bound to abide by all such credit obligations. 

  

	 	c.	Assignment: 

  

	 	i.	Universal may not assign this Exhibit “A” except in accordance with the terms of the Master Agreement. Notwithstanding the foregoing, it is agreed that UIP, or a successor
entity which is owned and controlled solely by the UIP Owners (or by Paramount Pictures and Universal and no other party) and distributes all their motion pictures in the Territory for which they have the distribution rights, must be the foreign
distributor for the Pictures. 

  

	 	ii.	DW may not assign this Exhibit “A” except in accordance with the terms of the Master Agreement. 

  

	 	iii.	Any attempted assignment in contravention of the foregoing shall be deemed a material breach of this Exhibit ”A”. In the event of a permitted assignment by Universal or DW
to a subsidiary, Universal or DW, as applicable, shall nonetheless remain primarily liable hereunder. 

  

	 	d.	Other Activities: Subject to the provisions hereof, nothing herein shall limit in any way the right of DW, Universal, or UIP or any subsidiary or affiliate thereof to engage
in business activities or endeavors of any kind or nature, including but not limited to: 

  

	 	i.	All manner of television, home video and merchandising (including, without limitation, video and computer games) exploitation of the Pictures; 

  

	 	ii.	Advertising; 

  

	 	iii.	Publishing; 

  

	 	iv.	Interactive Media; 

  

	 	v.	The sale of designs, stories, characters, trademarks, trade names or other rights or properties; 

  

	 	vi.	Ancillary market activities; 

  

	 	vii.	 The co-financing or co-production or any other interest of any nature in any motion picture or other property (as to 

  

 45 

	 	 
which, in the case of DW, DW does not own or control [and hence can not accord UIP hereunder] any or all of the theatrical distribution rights to such
Picture in the Territory.) 

  

	 	viii.	The exercise of any right not expressly granted hereunder. 

  

 46 

  
 EXHIBIT “A-1”

  
 SUBDISTRIBUTORS AND TERMS 
  

 47 

  
 EXHIBIT “A-2”

  
 1. General: Minimum Results for a Picture in the
Territory as a whole, in each Region of the Territory (i.e., South America, Western Europe, Australia/New Zealand, Japan, Far East [to the extent included in the Territory] and/or Africa) and in each Top 6 Country, as the case may be, shall be
determined by comparing, in the manner set forth below, either (a) the “Territory Billings” for a Picture to the “Domestic Billings” for such Picture, or (b) the “Regional Billings” or “Country Billings” (in
each Top 6 Country) for a Picture, as the case may be, to the “Territory Billings” for such Picture. “Domestic Billings”, “Territory Billings”, “Regional Billings” and “Country Billings” shall mean
rental receipts from theatrical distribution in the relevant territory. Notwithstanding anything in this Exhibit “A-2” or in Exhibit “A” to the contrary, the Far East [to the extent included in the Territory] shall not be
considered a Region for Minimum Results purposes if the portion of the Far East initially included in the Territory decreases, as a result of the exclusion (pursuant to Paragraph 1.c.ii of Exhibit “A”) of additional countries in Asia in
which the Korean Shareholder commences distribution of motion pictures, such that the Regional Billings for the portion of the Far East thereafter remaining in the Territory is less than 75% of the Regional Billings of the portion of the Far East
initially included in the Territory; and in such event, the remainder of the Far East remaining in the Territory shall instead be included as part of Japan for Minimum Results purposes (with appropriate adjustments to account for the increase in the
size of Japan in such event). Appropriate adjustments shall also be made for Minimum Results purposes to the extent necessary to account for (a) a Picture not being distributed by UIP in any portion of the Territory due solely to censorship or
governmental prohibition, and (b) only with respect to Pictures with Domestic Billings of less than ***, a Picture not being distributed by UIP in any portion of the Territory pursuant to the first sentence of Paragraph 2.c of Exhibit “A”.

  
 2. Definitions: 
  

	 	a.	“Amblin’ Performance Standard” (“APS”) shall mean the following: 

  

	 	(i)	“APS I” shall mean the percentage amount *** determined by dividing (x) the aggregate Domestic Billings for all theatrical motion pictures produced by Amblin’
Entertainment (“Amblin”) and initially released for theatrical exhibition in the Domestic Territory in the years 1988 through 1995 inclusive (the “Base Period”) and thereafter released for theatrical exhibition in the Territory
which achieved Domestic Billings of *** (other than “Schindler’s List” and “Arachnophobia”) into (y) the aggregate Territory Billings for the same group of Amblin’ pictures. By way 

  

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

 48 

 of example only, assume aggregate Domestic Billings in the Base Period of *** and aggregate Territory
Billings for the same group of Amblin’ pictures of ***. The APS I for the Territory would be ***. 
  

	 	(ii)	“APS II” shall mean the percentage amount *** determined by dividing (x) the aggregate Domestic Billings for all theatrical motion pictures produced by Amblin’ and
initially released for theatrical exhibition in the Domestic Territory in the Base Period and thereafter released for theatrical exhibition in the Territory which achieved Domestic Billings of less than *** and more than *** into (y) the aggregate
Territory Billings for the same group of Amblin’ pictures. By way of example only, assume aggregate Domestic Billings in the Base Period of *** and aggregate Territory Billings for all such Amblin’ pictures of ***. The APS II for the
Territory would be ***. 

  

	 	b.	“Regional or Country Billing Percentage”, as the case may be, shall mean the percentage amount *** determined by dividing (x) the aggregate Regional or Country Billings,
as the case may be, for all UIP pictures released in the last three (3) years of the Base Period into (y) the aggregate Territory Billings for the same group of UIP pictures. By way of example only, assume aggregate Country Billings in Germany for
all UIP pictures released in the years 1993, 1994 and 1995 of *** and aggregate Territory Billings for the same group of UIP pictures of ***. The Country Billing Percentage would be ***. The Regional or Country Billing Percentage shall be subject to
adjustment on an annual basis utilizing a floating three (3) year average updated each year. 

  

	 	c.	“Regional or Country Performance Standard”, as the case may be, shall be determined by multiplying (x) Domestic Billings for the applicable Picture by (y) the applicable
APS as determined by the Picture’s Domestic Billings, the product of which shall be multiplied by (z) the Regional or Country Billing Percentage, as the case may be. By way of example only, assume (i) Domestic Billings for the applicable
picture of *** (ii) an APS I of ***, and (iii) a Country Billing Percentage of *** for the specific Top 6 Country within the Territory (e.g., Germany). Based on the foregoing, the applicable Country Performance Standard for a Picture achieving
Domestic Billings of *** would be ***. 

  

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

 49 

 3. Minimum Results: 
  
 Minimum Results for a Picture in the Territory as a whole, in each Region, and in each Top 6 Country, as the case may be,
shall be deemed to have been achieved if with respect to each Picture: 
  

	 	(a)	For the Territory as a whole — the Territory Billings for a Picture as a percentage of the Picture’s Domestic Billings fall within fifteen (15) percentage points of the
applicable APS. By way of example only, assume the APS I is ***. Then each Picture which achieves Domestic Billings of *** or more must achieve Territory Billings equal to at least *** of such Picture’s Domestic Billings in order to meet
Minimum Results for the Territory as a whole. 

  

	 	(b)	For each Region or Top 6 Country within the Territory — the Regional or Country Billings, as the case may be, for a Picture fall within *** of the Regional or Country
Performance Standard. By way of example only, assume (i) a Country Performance Standard of *** for a specific Picture in Germany, calculated in accordance with Paragraph 2.c. above, and (ii) Country Billings in Germany of *** for the Picture. Based
on the foregoing, the Picture will have failed to achieve Minimum Results in Germany because it failed to achieve Country Billings of at least ***. 

  

	 	(c)	For purposes of determining the applicable APS for a Picture, the *** breakpoint will be adjusted by the percentage change in the annual average movie ticket price outside the U.S.,
as reported by the MPAA or MPA, as applicable. 

  
 4. Projection of Final Results: 
  
 If final
Domestic Billings, Territory Billings, Regional Billings and/or Country Billings for a Picture are not yet available (e.g., because the date of the initial theatrical distribution in a country within the Territory has not occurred or because some or
all final billing results are not available), DW may, nevertheless, utilize interim billing figures (in the Domestic Territory, the Territory and/or any Region or Top 6 Country), reasonable projections based thereon, and historical billings from the
immediately preceding year to determine whether a Picture has failed or will fail to achieve Minimum Results. If a Picture fails to meet Minimum Results based on such projections, but ultimately achieves Minimum Results based on actual results, then
it shall be deemed to meet Minimum Results for all purposes; provided, in no event will rental receipts from third-party distribution (i.e., other than UIP or an affiliated party) be included for purposes of calculating Minimum Results and in no
event will DW be required to retroactively reverse any termination hereunder. 
  

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

 50 

  
 SCHEDULE A-TC 
  
 AMENDED AND SUPPLEMENTAL TERMS AND CONDITIONS APPLICABLE TO EXHIBIT A

  

	1.	Territory. “Territory” as defined in Exhibit A shall exclude the following: 

  

	 	a.	The entire territorial United States and its possessions, territories and commonwealths, including the U.S. Virgin Islands, Puerto Rico, Guam, and the former U.S. Trust Territories
of the Pacific Islands, including the Carolina Islands, the Marshall Islands and the Mariana Islands, Saipan and American Samoa; the Dominican Republic, the British Virgin Islands, the Bahamas, Bermuda, Saba Island, St. Eustatius Island, St. Kitts
Island, St. Martin Island, St Maarten Island; and Canada and its possessions and territories; 

  

	 	b.	Republic of South Korea, Democratic People’s Republic of North Korea and the People’s Republic of China (including Hong Kong) to the extent DW licenses Theatrical
Distribution Rights in such countries to or through DW’s Korean shareholder or any of its Affiliates, their successors or designees. 

  

	 	c.	 Either Japan or the “German Territory”, as DW may elect. The Federal Republic of Germany, the Republic of Austria and German-language rights in
Lichtenstein, Luxembourg and Alto Adige shall constitute the German Territory. At any time during the Term, as a basis to raise additional capital, DW may assign, license or grant to any third party(ies)Theatrical Distribution Rights in and to
Pictures for either Japan or the German Territory (the “Output Arrangement”), in which event Distributor shall not have the right to exercise Theatrical Distribution Rights to the applicable Pictures in the designated territory, except as
otherwise may be provide in Exhibit A. DW, however, shall have the right to cause Distributor to provide all of the “Services” (as defined herein) in connection with such Theatrical Distribution Rights in Japan or the German Territory, in
which event Distributor shall be entitled to the applicable Distribution Fees as set forth in Exhibit A, calculated on Gross Receipts (as defined in Exhibit A) derived from the applicable territory, and such Gross Receipts shall be taken into
account for purposes of calculating the Gross Receipts breakpoints for the Schedules Percentages in Paragraph 5.b.i. of Exhibit A. DW and such third parties shall have free access to all Picture elements and related materials for all purposes,
provided DW and such third parties shall bear all duplication, freight and delivery costs in connection therewith. DW will provide Distributor with reasonable notice of termination of Theatrical Distribution Rights in the applicable territory,
provided, however, if Distributor has prior to such notice (x) booked theatres for any Picture(s) subject to the Output Arrangement, then Distributor shall continue to provide all of the Services 

  

 51 

	 	 
in connection with such Picture(s) in the applicable territory and shall be entitled to retain the applicable Distribution Fees thereon, or (y) incurred
approved Distribution Expenses for any Picture(s) subject to the Output Arrangement, then DW shall reimburse Distributor for the cost thereof unless such Distribution Expenses are otherwise reimbursed to Distributor pursuant to the terms of Exhibit
A. 

  

	2.	Non-Theatrical Rights. Certain Non-Theatrical Rights, as set forth and defined in a. below, are granted to Distributor for exploitation pursuant to Exhibit A.

  

	 	a.	“Non-Theatrical Rights” shall refer to the right to exhibit a Picture solely in the Territory in hotels, motels, hospital and other health care facilities; correctional
facilities; schools and other educational institutions; common areas of residential living communities; retirement centres, camps, religious institutions, buses, coaches and trains; libraries and museums; restaurants, bars and clubs; community
military bases and government installations (excluding US/Canadian); and oil fields and oil rigs (excluding Aramco/US/Canadian sites). 

  

	 	b.	Non-Theatrical Rights retained by DW and specifically excluded from Exhibit A include: all airlines and aircraft (including military aircraft, e.g. the Royal Air Force) and all
ships at sea (including cruise ships and ferries); all US and Canadian military and government installations (e.g. embassies and diplomatic posts) wherever located; Aramco/US/Canadian industrial sites; and all other non-theatrical venues and rights
not specifically granted to Distributor hereunder. 

  

	 	c.	Distributor agrees to use reasonable efforts to exploit on behalf of DW Non-Theatrical Rights with respect to the Pictures during the Term, and such Non-Theatrical Rights shall be
subject to the terms and conditions of Exhibit A, including (i) the accounting for revenues and related distribution expenses in accordance with Exhibit A, and (ii) the rights of DW to withhold, withdraw and/or terminate Non-Theatrical Rights, as
and to the extent permitted by the terms of Exhibit A with respect to the Pictures and Theatrical Distribution Rights. Additionally, upon six (6) months written notice to Distributor, DW shall have the right to terminate Distributor’s
exploitation of such Non-Theatrical Rights, subject to existing licenses entered into prior to such notice and provided that the term of any licenses entered into after such notice shall not continue beyond the six (6) month notice period unless
preapproved by DW. 

  

	3.	 Services. Subject to and without limiting anything set forth in Exhibit A except as amended by the terms of this Schedule A-TC (provided that in the event of
any conflict between Exhibit A, the Settlement Agreement (as defined below) and this Schedule A-TC, the provisions of this Schedule A-TC shall control over both the Settlement Agreement and Exhibit A, and the Settlement Agreement shall control over
Exhibit A), Distributor shall supply and render, either itself or through third 

  

 52 

	 	 
parties, at no cost or expense to DW, except for Distributor’s retention of the applicable Distribution Fees set forth in Exhibit A, or as expressly set
forth in the Settlement Agreement or Paragraph 4. below, the services (“Services”) as described in Paragraph 4. below. Distributor and DW shall bear the cost of Services during the “Initial Term” and during the Extended Term (as
such capitalized terms are defined in Paragraph 4. below) in accordance with Exhibit A as supplemented by that certain Settlement and Release Agreement between the parties hereto, dated as of December 29, 2000 (the “Settlement Agreement”),
and as further amended and supplemented by the provisions of this Schedule A-TC. 

  

	4.	Definition of Services. Distributor shall render all customary services required to distribute the Pictures in a manner consistent with Services rendered during the initial
term, i.e. the period from June 1995 through June 19, 2001 (“the Initial Term”), throughout the Territory. Any Services rendered by UIP personnel during the Initial Term shall not be charged separately or allocated in any manner to
Pictures under the Agreement during the extended Term, i.e., from June 20, 2001 until termination of the Term (the “Extended Term”), whether the Services are hereafter performed by UIP personnel or through third parties, except as
expressly permitted in this Schedule A-TC. Services shall not be deemed to include permitted Distribution Expenses pursuant to Exhibit A, costs for which DW is responsible under Paragraph 4 of this Schedule A-TC, or are Distribution Expenses
specifically approved by DW. If any Services that DW knowingly agreed to pay as a third party cost during the Initial Term (“DW Approved Prior Costs”, e.g. ***) are hereafter subsequently provided internally by UIP or Universal, DW will
agree (prior to such costs being permitted Distribution Expenses as defined in Exhibit A) on an appropriate charge or allocation of such costs to Pictures, provided such charge or allocation shall be calculated in a fair and equitable manner and in
no event exceed the rate or outside service charges formerly paid as a third party cost, taking into consideration prevailing market changes. DW’s approval of third party costs in any given territory or country shall not be deemed approval in
other territories or countries unless expressly agreed in writing by the parties. During the Extended Term, DW shall be responsible only for costs for controlled agency services and backroom services to the extent such services are performed by
third parties as of April 15, 2001 on a country-by-country basis throughout the Territory. Promptly after June 15, 2001 (and not later than July 31, 2001), Distributor shall provide to DW a list of all controlled agency service providers as of April
15, 2001, on a country-by-country basis, provided that an inadvertent failure to list a controlled agency service provider on such list shall not preclude Distributor from using such provider (or affect DW’s responsibility for the costs
associated therewith) if such provider (or a prior 

  

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

 53 

 controlled agency service provider) in fact provided controlled agency services as of April 15, 2001.
Services shall include, but are not limited to: 
  

	 	a.	Marketing And Distribution 

  

	 	i.	For the top fifteen (15) countries and for all countries within the Territory in the case of animated feature films, and otherwise mutually agreed — prepare and recommend in
full consultation with DW country-by-country marketing plans, budgets and distribution plans containing such information, analysis and recommendations as DW may from time-to-time reasonably request. Country-by-country distribution plans for each
Picture shall specify release dates and pursuant to and in accordance with UIP’s SF4 policies (which shall not materially change from the policy as in effect on April 15, 2001), the theaters in each key city. The top 15 countries as of the date
hereof are: Japan, Germany, UK, France, Italy, Spain, Sweden, Belgium, Netherlands, Switzerland, Argentina, Brazil, Mexico, Australia and Taiwan. 

  

	 	ii.	Where rights are known to be available, all plans to be delivered no less than six (6) weeks prior to the initial theatrical release date in the Territory for each Picture.
Notwithstanding the foregoing, in circumstances where media availability or advance booking deadlines require earlier commitments to facilitate the cost effective purchase of media, UIP shall use its reasonable efforts to deliver plans in time to
allow DW at least 5 business days to review and approve budgets and media plans ahead of such deadlines (provided in no event shall Distributor be required to provide plans more than 60 days prior to initial theatrical release).

  

	 	iii.	Provide marketing and advertising services, including all staff and personnel costs, excluding (a) controlled agency services (to the extent DW bears the costs thereof as set forth
in the penultimate sentence of Paragraph 4, above), which for purposes of Exhibit A (including this Schedule A-TC) shall mean (i) “implants”, i.e., agency personnel located at or substantially based at UIP offices (unless UIP has no local
office) and who, in connection with UIP pictures generally, render specific tasks or perform specific department functions related to marketing and advertising (e.g., *** personnel in the United Kingdom), and (ii) marketing and advertising agencies
who on an out-sourced basis administer the 

  

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

 54 

 marketing and promotion of UIP pictures generally in a territory (e.g., the *** in Germany), (b) DW
Approved Prior Costs, and (c) costs included in DW approved budgets, provided any budget item(s) specifically disapproved by DW shall not be provided unless and until Distributor and DW mutually agree on such costs. 
  

	 	iv.	Develop strategies for media buying and advertising and promotion, including the preparation of advertising budgets and advertising media and publicity plans. Negotiate with third
party agencies and media representatives in respect of media buying. Coordinate and place orders for media buying on behalf of DW, including broadcast transmissions, display space, publicity material, etc. The basic services described herein are
included within the Distribution Fees, excluding (a) any controlled agency services rendered in connection with such basic services, (b) DW Approved Prior Costs, and (c) costs included in DW approved budgets, provided any budget item(s) specifically
disapproved by DW shall not be provided unless and until Distributor and DW mutually agree on such costs. Costs of media buyer agency commissions and actual ad costs will continue to be borne by DW. 

  

	 	v.	Adapt advertising and promotional concepts on a country-by-country basis. 

  

	 	vi.	Advise on the selection of local or alternative titles for DW’s approval. 

  

	 	vii.	Where applicable, develop and implement in-theatre promotions, exhibitor and consumer mailings. 

  

	 	viii.	Select and purchase on behalf of DW goods and services from third parties, including graphic designers, printers, producers, sound and film labs. 

  

	 	ix.	Arrange and supervise the production of all filmed, taped and recorded advertising and publicity. The basic services described herein are included within the Distribution Fees,
excluding (a) any controlled agency services rendered in connection with such basic services, (b) DW Approved Prior Costs, and (c) costs included in DW approved budgets, provided any budget item(s) specifically disapproved by DW shall not be
provided unless and until Distributor and DW mutually agree on such costs. 

  

	 	x.	In-house evaluation of the effectiveness of media buying and other campaigns against final box office results on an occasional basis as requested by DW. 

  

 55 

	 	xi.	Coordination of the preparation and control of advertising and promotional materials (e.g. text, scripts, ad sales materials, etc.). The basic services described herein are included
within the Distribution Fees, excluding (a) any controlled agency services rendered in connection with such basic services, (b) DW Approved Prior Costs, and(c) costs included in DW approved budgets, provided any budget item(s) specifically
disapproved by DW shall not be provided unless and until Distributor and DW mutually agree on such costs. 

  

	 	xii.	To the extent made available to UIP, pass through to DW media buying reports and statistics. 

  

	 	xiii.	To the extent applicable, arrange for the development of secondary marketing and new product opportunities. 

  

	 	xiv.	Provide all publicity coordination services (including UIP in-house supervision). The cost of third party publicists will be borne by DW, subject to DW’s prior approval of the
designated third party publicist and costs thereof. The basic services described herein are included within the Distribution Fees, excluding (a) any controlled agency services rendered in connection with such basic services, (b) DW Approved Prior
Costs, (c) costs included in DW approved budgets, provided any budget item(s) specifically disapproved by DW shall not be provided unless and until Distributor and DW mutually agree on such costs. 

  

	 	xv.	Develop and use reasonable efforts to secure national and local tie-in partner promotions. 

  

	 	xvi.	Advise DW re censorship issues and submit each Picture to censorship authorities. 

  

	 	b.	Finance 

  

	 	i.	Develop and maintain profit/loss statements for all released Pictures per the level of information currently received as of the date hereof. 

  

	 	ii.	Provide financial/accounting reports/results per the current level of information and frequency of reporting as of the date hereof. 

  

	 	iii.	Code and approve expenditures and invoices. Review and approve purchase orders. 

  

	 	iv.	 Prepare gross billings reports, booking confirmations, sales dating charts, reports detailing by Picture and by country local box office (in both U.S. Dollars and
local currency) and theater admissions 

  

 56 

	 	 
where available, bad debt/write-off reports and Blocked Currency totals to the extent applicable after the date hereof. 

  

	 	v.	Provide comparative performance data, such as competitive grosses to the extent such information is available in the relevant market and the provision of such information will not
result in a violation of law. 

  

	 	vi.	Maintain exhibitor data, including key theater ownership, number of screens and seats, local applicable taxes on admission prices and geographical breakdown of theaters.

  

	 	vii.	Collection of billings. 

  

	 	c.	Operations 

  

	 	i.	Oversee all print duplication operations. 

  

	 	ii.	Manage all vendor and supplier activities. 

  

	 	iii.	Manage and render all services and provide all facilities and space in connection with the shipping, storage and inspection of prints and trailers in accordance with the procedures
set forth in Exhibit A. DW shall pay for such service costs, whether incurred by UIP or third parties if (i) in the relevant territory, such services were provided by third parties as of April 15, 2001, and (ii) to the extent such costs do not
exceed the cost previously charged by third parties, taking into consideration prevailing market changes. 

  

	 	iv.	Prepare and submit dubbing budgets on a country-by-country, Picture-by-Picture basis in U.S. Dollars and in local currency other than to the extent DW chooses to provide such
services itself. 

  

	 	v.	Manage all dubbing, subtitling and editing of the Pictures and trailers thereof other than to the extent DW chooses to provide such services itself. If and only if DW utilizes UIP
internal supervisory dubbing personnel, the cost thereof shall be allocated on a non-discriminatory basis to the applicable Picture(s). 

  

	 	vi.	Manage and implement all security and anti-piracy measures. 

  

	 	vii.	Provide all backroom services, facilities and maintenance in accordance with the procedures set forth in Exhibit A. DW shall pay for such backroom service costs, whether incurred by
UIP or third parties if (i) in the relevant territory, such services were provided by third parties as of April 15, 2001, and (ii) to the extent such costs do not exceed the cost previously charged by third parties, taking into consideration
prevailing market changes. 

  

 57 

	 	viii.	Print servicing — store, catalog, check and track all prints, trailers and other advertising material, including the maintenance and preparation of the foregoing for shipment
to and from theaters in accordance with the procedures set forth in Exhibit A. DW shall pay for such backroom service costs, whether incurred by UIP or third parties if (i) in the relevant territory, such services were provided by third parties as
of April 15, 2001, and (ii) to the extent such costs do not exceed the cost previously charged by third parties, taking into consideration prevailing market changes. 

  

	 	ix.	Arrange for the destruction of prints and the issuance of certificates of destruction. 

  

	 	x.	Order and invoice for prints and trailers. 

  

	 	xi.	Manage movement of prints, trailers and other advertising materials in accordance with the procedures set forth in Exhibit A. DW shall pay for such backroom service costs (excluding
UIP internal personnel who supervise such management), whether incurred by UIP or third parties if (i) in the relevant territory, such services were provided by third parties as of April 15, 2001, and (ii) to the extent such costs do not exceed the
cost previously charged by third parties, taking into consideration prevailing market changes 

  

	5.	“American Beauty”. Distributor agrees to pay to DW, within ten (10) business days from execution of the amended and restated DW/Universal Studios, Inc. Master
Agreement, *** in full and complete settlement of the “American Beauty” reel 3 ab issue pertaining to the additional costs incurred to reprint the altered negative. 

  
 Except as specifically provided above, all other terms and conditions set
forth in Exhibit A shall continue in full force and effect. 
  

	***	Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.

  

 58

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