Document:

<PAGE>

<TABLE>
<CAPTION>

                                 APRIL 16, 2001
                        DART 2000-1 DISTRIBUTION SUMMARY

                     COLLECTION ACCOUNT
WIRE/DEPOSIT TO:                             IN CONSIDERATION OF:                   IN THE AMOUNT OF:
----------------                             --------------------                   -----------------
<S>                                          <C>                                    <C>
1.  Premier Auto Finance, Inc.               Reimburse Previous Advances                         6,266.14
                                             Excess Coverage                                         0.00

2.  Bank of New York                         Indenture Trustee Fee                                   0.00

3.  Chase                                    Owner Trustee Fee                                       0.00

4.  Premier Auto Finance, Inc.               Servicing Fees                                    460,834.63
                                             Late Fees                                          91,127.67
                                                                                    ----------------------
                                             Total Servicing Fees                              551,962.30

5.  Note Distribution Account                Note Interest                                   3,178,690.96

6.  Certificate Distribution Account         Certificate Interest                               87,068.70

7.  Note Distribution Account                Principal Payable                              25,859,746.01

8.  Certificate Distribution Account         Principal Payable                                       0.00

9.  Reserve Fund                             Funding                                                 0.00

                                                                                    ----------------------
TOTAL AMOUNT WIRED/DEPOSITED:                                                               29,683,734.11
                                                                                    ======================

                    RESERVE ACCOUNT
WIRE/DEPOSIT TO:                             IN CONSIDERATION OF:                   IN THE AMOUNT OF:
----------------                             --------------------                   -----------------
1. Collection Account                        Collection Shortfall                              252,412.56

                                                                                    ----------------------
TOTAL AMOUNT WIRED/DEPOSITED:                                                                  252,412.56
                                                                                    ======================
</TABLE>

/S/ Randall S. Royer
---------------------------------------------
VP - Assistant Treasurer

/S/ Gil Van Over
---------------------------------------------
EVP - Chief Operating Officer                                   April 16, 2001
                                                                       9:40 AM

<PAGE>

                   DEALER AUTO RECEIVABLES OWNER TRUST 2000-1

 190,000,000.00    6.69% Dealer Auto Receivables Asset-Backed Notes, Class A-1
 274,000,000.00    7.01% Dealer Auto Receivables Asset-Backed Notes, Class A-2
 168,000,000.00    7.07% Dealer Auto Receivables Asset-Backed Notes, Class A-3
  83,251,000.00    7.12% Dealer Auto Receivables Asset-Backed Notes, Class A-4
  24,470,000.00    7.46% Dealer Auto Receivables Asset-Backed Notes, Class B
  13,175,591.56    7.93% Dealer Auto Receivables Asset- Backed Certificates

                                                 MONTHLY REPORT
                    FOR THE APRIL 16, 2001 DISTRIBUTION DATE

<TABLE>
<CAPTION>
<S>                                                                                                        <C>

A       CALCULATION OF AVAILABLE AMOUNTS

      1 Available Principal (as defined in Article I of the Sale and Servicing Agreement)                    $24,023,098.18
                                                                                                           -----------------
      2 Available Interest (as defined in Article I of the Sale and Servicing Agreement)                      $5,317,095.70

                                                                                                           -----------------
      3 Available Amounts (l. plus 2.)                                                                       $29,340,193.88
                                                                                                           -----------------

B       CALCULATION OF PRINCIPAL DISTRIBUTABLE AMOUNT                                                        $25,859,746.01
                                                                                                           -----------------
         (as defined in Article I of the Sale and Servicing
        Agreement)

C       CALCULATION OF NOTE MONTHLY PRINCIPAL DISTRIBUTABLE AMOUNT                                           $25,859,746.01
                                                                                                           -----------------

      1 Note Percentage for such Distribution Date

        (a) for each Distribution Date to but excluding the Distribution Date on which the principal amount
            of the Class B Notes is reduced to zero                                                                 100.00%
                                                                                                           -----------------

        (b) after the principal amount of the Class B Notes have been reduced to zero                                 0.00%
                                                                                                           -----------------

      2 Principal Distributable Amount (from B)                                                              $25,859,746.01
                                                                                                           -----------------

      3 Note Monthly Principal Distributable Amount for

        (a) Class A-1 Notes                                                                                           $0.00
                                                                                                           -----------------

        (b) Class A-2 Notes                                                                                  $25,859,746.01
                                                                                                           -----------------

        (c) Class A-3 Notes                                                                                           $0.00
                                                                                                           -----------------

        (d) Class A-4 Notes                                                                                           $0.00
                                                                                                           -----------------

        (e) Class B Notes                                                                                             $0.00
                                                                                                           -----------------

        (f) Note Principal Carryover                                                                                  $0.00
            Shortfall
                                                                                                           -----------------

D    CALCULATION OF NOTE MONTHLY INTEREST DISTRIBUTABLE AMOUNT

      1 Class A-1 Interest Rate                                                                                       6.69%
                                                                                                           -----------------

      2 Class A-2 Interest Rate                                                                                       7.01%
                                                                                                           -----------------

<PAGE>

      3 Class A-3 Interest Rate                                                                                       7.07%
                                                                                                           -----------------

      4 Class A-4 Interest Rate                                                                                       7.12%
                                                                                                           -----------------

      5 Class B Interest Rate                                                                                         7.46%
                                                                                                           -----------------

      6 Class A-1 Note Interest Distributable Amount                                                                  $0.00
                                                                                                           -----------------

      7 Class A-2 Note Interest Distributable Amount                                                          $1,542,813.20
                                                                                                           -----------------

      8 Class A-3 Note Interest Distributable Amount                                                            $989,800.00
                                                                                                           -----------------

      9 Class A-4 Note Interest Distributable Amount                                                            $493,955.93
                                                                                                           -----------------

     10 Class B Note Interest Distributable Amount                                                              $152,121.83
                                                                                                           -----------------

     11 Aggregate Interest Carryover Shortfall for each Class for such Distribution Date                              $0.00
                                                                                                           -----------------

     12 Note Monthly Interest Distributable Amount (the sum of items D.6, D.7, D.8, D.9, D.10 and D.11)       $3,178,690.96
                                                                                                           -----------------

E    CALCULATION OF NOTE DISTRIBUTABLE AMOUNT (SUM OF C.3 PLUS D.12.)                                        $29,038,436.97
                                                                                                           -----------------

F    CALCULATION OF CERTIFICATE PRINCIPAL DISTRIBUTABLE AMOUNT

      1 Certificate Balance                                                                                  $13,175,591.56
                                                                                                           -----------------

      2 Principal Distributable Amount                                                                                $0.00
                                                                                                           -----------------

      3 Certificate Percentage for each respective Distribution Date

      3 (a) for each Distribution Date to but excluding the Distribution Date on which the Principal
            Amount of the Class B Notes is reduced to zero                                                            0.00%
                                                                                                           -----------------

      3 (b) on the Distribution Date on which the Principal Amount of the Class B Notes is reduced to zero
                                                                                                           -----------------

      3 (c) thereafter                                                                                              100.00%
                                                                                                           -----------------

      4 (a) Principal Distributable Amount multiplied by the Certificate Percentage for such Distribution             $0.00
            Date
                                                                                                           -----------------

      4 (b) Certificate Principal Carryover Shortfall for such Distribution Date                                      $0.00
                                                                                                           -----------------

      5 Certificate Principal Distributable Amount (the sum of  4.(a) and 4.(b))                                      $0.00
                                                                                                           -----------------

G    CALCULATION OF CERTIFICATE INTEREST DISTRIBUTABLE AMOUNT

      1 Certificate Pass-Through Rate                                                                                 7.93%
                                                                                                           -----------------

      2 (a) Certificate Monthly Interest Distributable Amount                                                    $87,068.70
                                                                                                           -----------------

      2 (b) Certificate Interest Carryover Shortfall for such Distribution Date                                       $0.00
                                                                                                           -----------------

      3 Certificate Interest Distributable Amount (sum of 2.(a) and 2.(b))                                       $87,068.70
                                                                                                           -----------------

H    CALCULATION OF CERTIFICATE DISTRIBUTABLE AMOUNT (SUM OF F.5 AND G.3)                                        $87,068.70
                                                                                                           -----------------

<PAGE>

I    FEES

      1 The Monthly Servicing Fee for such Distribution Date
                                                                                                                 460,834.63
                                                                                                           -----------------
        (1/12 of the product of 1% and the Aggregate Principal Balance of the Contracts as of
        the beginning of the preceding Distribution Date)

      2 Late Payment Penalty Fees for such Distribution Date                                                     $91,127.67
                                                                                                           -----------------

      3 Extension Fees for such Distribution Date                                                                     $0.00
                                                                                                           -----------------

      4 Indenture Trustee Fee for such Distribution Date                                                              $0.00
                                                                                                           -----------------

      5 Owner Trustee Fee for such Distribution Date                                                                  $0.00
                                                                                                           -----------------

J    CALCULATION OF THE AVAILABLE AMOUNTS FOR SUCH DISTRIBUTION DATE

      1 The amount of funds deposited into the Collection Account pursuant to Section 5.05(b)
        of the Sale and Servicing Agreement with respect  to the related Due                                 $29,431,321.55
        Period
                                                                                                           -----------------

        a   All amounts received by the Indenture Trustee or the Servicer with
            respect to principal and interest on the Contracts, as well as Late
            Payment Penalty Fees and Extensions Fees for related Due Period                                  $28,527,363.17
                                                                                                           -----------------

        b   All Net Liquidation Proceeds                                                                        $815,687.24
                                                                                                           -----------------

        c   The aggregate of the Repurchase Prices for Contracts required to be repurchased by the
            Depositor as described in Section 7.05 of the Sale and Servicing Agreement                                $0.00
                                                                                                           -----------------

        d   All Advances made by Servicer pursuant to Section 7.02 of the Sale and Servicing Agreement                $0.00
                                                                                                           -----------------

        e   All amounts paid by the Seller in connection with an optional repurchase of the Contracts
            described in Section 7.07 of the Sale and Servicing Agreement                                             $0.00
                                                                                                           -----------------

        f   All amounts received in respect of interest, dividends, gains, income and earnings on
            investments of funds in the Trust Accounts as contemplated in Section 5.05(b) of the Sale
            and Servicing Agreement                                                                              $88,271.14
                                                                                                           -----------------

        g   Total amount of funds deposited into the Collection Account pursuant to Section                  $29,431,321.55
            5.05(b)
                                                                                                           -----------------
             (the sum of a. through g.)

      2 The amount of funds permitted to be withdrawn from the Collection
        Account pursuant to clauses (i) through (iv) of Section 7.03(a) of the
        Sale and Servicing Agreement with respect to related Due Period                                         $558,228.44
                                                                                                           -----------------

        a   Amounts to be paid to the Servicer as the Reimbursement Amount in accordance with Section 7.02
            of the Sale and Servicing Agreement                                                                   $6,266.14
                                                                                                           -----------------

        b   Amounts to be paid to the Servicer in respect to the Servicing Fee for the related Due Period
                                                                                                                 551,962.30
                                                                                                           -----------------

        c   Amounts to be paid to the Indenture Trustee in respect of the Indenture Trustee Fee for the
            related Due Period                                                                                        $0.00
                                                                                                           -----------------

        d   Amounts to be paid to the Owner Trustee in respect of Owner Trustee Fee for related Due Period            $0.00
                                                                                                           -----------------

        e   Total amount of funds permitted to be withdrawn from the Collection Account pursuant to
            clauses (i) through (iv) Section 7.03(a) of the Sale and Servicing Agreement with respect to the
            related Due Period (sum of a. through d.)                                                           $558,228.44
                                                                                                           -----------------

<PAGE>

      3 The Available Amounts (not including amounts from Reserve Fund Account) for such Distribution
        Date available to pay Note Distributable Amounts  and Certificate Distributable Amounts              $28,873,093.11
                                                                                                           -----------------
         (1(g) minus 2(e))

K    THE SHORTFALL OF AVAILABLE AMOUNTS FOR SUCH DISTRIBUTION DATE TO PAY EITHER THE NOTE
     DISTRIBUTABLE AMOUNT OR THE CERTIFICATE DISTRIBUTABLE AMOUNT                                               $252,412.56
                                                                                                           -----------------
     (the Available Amounts for such Distribution Date minus the sum of the Note Distributable Amount
     as set forth in E. and the Certificate Distributable Amount as set forth in H.)

L    THE AMOUNT TO BE WITHDRAWN FROM THE RESERVE FUND ON SUCH DISTRIBUTION DATE TO COVER THE
     NOTE INTEREST DISTRIBUTABLE AMOUNT                                                                               $0.00
                                                                                                           -----------------

M    THE AMOUNT TO BE WITHDRAWN FROM THE RESERVE FUND ON SUCH DISTRIBUTION DATE TO COVER THE
     CERTIFICATE INTEREST DISTRIBUTABLE AMOUNT                                                                        $0.00
                                                                                                           -----------------

N    THE AMOUNT TO BE WITHDRAWN FROM THE RESERVE FUND ON SUCH DISTRIBUTION DATE TO COVER THE
     NOTE PRINCIPAL DISTRIBUTABLE AMOUNT                                                                        $252,412.56
                                                                                                           -----------------

O    THE AMOUNT TO BE WITHDRAWN FROM THE RESERVE FUND ON SUCH DISTRIBUTION DATE TO COVER THE
     CERTIFICATE PRINCIPAL DISTRIBUTABLE AMOUNT                                                                       $0.00
                                                                                                           -----------------

P    INTEREST EARNINGS ON THE RESERVE FUND.                                                                      $90,646.24
                                                                                                           -----------------

Q    THE AMOUNT ON DEPOSIT IN THE RESERVE FUND AFTER GIVING EFFECT TO DEPOSITS
     AND WITHDRAWALS THEREFROM ON SUCH DISTRIBUTION DATE
                                                                                                              24,553,247.72
                                                                                                           -----------------

R    THE SPECIFIED RESERVE FUND AMOUNT FOR SUCH DISTRIBUTION DATE WILL BE AN
     AMOUNT EQUAL TO THE LESSER OF (I) THE AGGREGATE UNPAID PRINCIPAL BALANCE OF
     THE CLASS A-1 NOTES, THE CLASS A-2 NOTES, THE CLASS A-3 NOTES, THE CLASS
     A-4 NOTES AND THE CLASS B NOTES AND THE CERTIFICATE BALANCE AS OF SUCH
     DISTRIBUTION DATE, AND (II) THE GREATER OF:

     (a)4.25% of the aggregate unpaid principal balance of the Class A-1 Notes,
        the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes and the
        Class B Notes and the Certificate Balance on such Distribution Date,
        except that if a Reserve Fund Trigger Event shall have occurred and be
        continuing on such Distribution Date, then the percentage of the
        aggregate unpaid principal balance of the Class A-1 Notes, the Class A-2
        Notes, the Class A-3 Notes, the Class A-4 Notes and the Class B Notes
        and the Certificate Balance referred to in this clause (a), shall be
        equal to 6.50%; and

     (b)1.00% of the Aggregate Principal Balance as of the Cutoff Date.                                       34,264,218.01
                                                                                                           -----------------

S    THE POOL FACTOR

                               Factor immediately Before             Factor immediately After
                               such Distribution Date                such Distribution Date

            Class A-1 Note     1    0.0000000                        7   0.0000000
                                 -------------                         ------------

            Class A-2 Note     2    0.9638868                        8   0.8695081
                                 -------------                         ------------

            Class A-3 Note     3    1.0000000                        9   1.0000000
                                 -------------                         ------------

            Class A-4 Note     4    1.0000000                       10   1.0000000
                                 -------------                         ------------

<PAGE>

            Class B Note       5    1.0000000                       11   1.0000000
                                 -------------                         ------------

            Certificate        6    1.0000000                       12   1.0000000
                                 -------------                         ------------

T    DELINQUENT CONTRACTS

      1 31-60 Days                                                                                   1,132   $12,303,258.35

                                                                                               -----------------------------

      2 61-90 Days                                                                                     255    $2,963,021.27

                                                                                               -----------------------------

      3 91 or More Days                                                                                139    $1,704,528.04

                                                                                               -----------------------------

            Total Delinquent Receivables                                                             1,526   $16,970,807.66

            61+ Days Delinquencies as Percentage of Receivables                                                       0.89%

            Delinquency Ratio for Second Preceding Collection                                                         1.12%
            Period
            Delinquency Ratio for Preceding Collection Period                                                         0.97%
            Delinquency Ratio for Current Collection Period                                                           0.89%
            Average Delinquency Ratio                               (Reserve Fund Trigger Event >= 2.0%)              0.99%

U    DEFAULTED CONTRACTS

      1 Total Defaulted Contracts for the Due Period
                                                                                                       280     2,595,196.58
                                                                                                           -----------------

      2 Identity (attach)

      3 Liquidation proceeds for the Due Period                                                                 $852,031.79
                                                                                                           -----------------

      4 Liquidation expenses for the Due Period                                                                  $36,344.55
                                                                                                           -----------------

      5 Net Liquidation Proceeds for the Due Period                                                             $815,687.24
                                                                                                           -----------------

      6 Net Liquidation Losses for the Due Period                                                             $1,779,509.34
                                                                                                           -----------------

            Pool Balance at Beginning of Collection Period                                                                $
                                                                                                             553,001,561.62
            Net Loss Ratio for Current Collection Period                                                              3.86%

            Net Loss Ratio for Second Preceding Collection Period                                                     4.06%
            Net Loss Ratio for Preceding Collection Period                                                            2.64%
            Net Loss Ratio for Current Collection Period                                                              3.86%
            Average Net Loss Ratio                                  (Reserve Fund Trigger Event >= 2.5%)              3.52%

V    ADVANCES

      1 Unreimbursed Advances prior to such Distribution Date                                                   $237,287.05
                                                                                                           -----------------

      2 Amount paid to Servicer on such Distribution Date to reimburse Servicer for such unreimbursed            $51,623.61
        Advances
                                                                                                           -----------------

      3 Amount of Delinquent Interest for the related Due Period                                                 $45,357.47
                                                                                                           -----------------

      4 Amount of new Advances on such Distribution Date (if such amount is less than the amount of             ($6,266.14)
        Delinquent Interest, attach the certificate required by Section 7.02 of the Sale and Servicing     -----------------
        Agreement)

      5 Total of unreimbursed Advances after new Advances on such Distribution Date                             $231,020.91
                                                                                                           -----------------

<PAGE>

W    REPURCHASED CONTRACTS

      1 Number of Contracts to be repurchased pursuant to Section 7.07 of the Sale and Servicing Agreement                0
                                                                                                           -----------------

      2 Principal Amount of such Contracts                                                                            $0.00
                                                                                                           -----------------

      3 Related Repurchase Price of such Contracts                                                                    $0.00
                                                                                                           -----------------

X    CONTRACTS

      1 Number of Contracts as of beginning of Due Period                                                            51,877
                                                                                                           -----------------

      2 Principal Balance of Contracts as of beginning of Due
        Period                                                                                               553,001,561.62
                                                                                                           -----------------

      3 The weighted average Contract Rate of the Contracts as of the beginning of the Due                           11.60%
        Period
                                                                                                           -----------------

      4 The weighted average remaining term to maturity of the Contracts as of the beginning of the Due               41.05
        Period
                                                                                                           -----------------

      5 Number of Contracts as of end of Due Period                                                                  50,489
                                                                                                           -----------------

      6 Principal Balance of Contracts as of end of Due Period
                                                                                                             527,141,815.61
                                                                                                           -----------------

      7 The weighted average Contract Rate of the Contracts as of the end of the Due Period                          11.60%
                                                                                                           -----------------

      8 The weighted average remaining term to maturity of the Contracts as of the end of the Due Period              40.24
                                                                                                           -----------------
</TABLE>

<PAGE>

                                NET LOSS ADDENDUM
                       SECTION "U" OF SERVICER CERTIFICATE

<TABLE>
<CAPTION>

FOR THE PERIOD ENDING 03/31/01                           REPORTED             ACTUAL*
SERVICING REPORT DATED 04/16/01                             8K                 LOSS
                                                      ----------------    ----------------
<S>                                                    <C>                 <C>
Net Loss Ratio for Current Month                           3.86%               2.03%
Net Loss Ratio for Previous Month                          2.64%               1.96%
Net Loss Ratio for 2nd Previous Month                      4.06%               2.88%
Net Loss Ratio Three Month Average                         3.52%               2.29%
</TABLE>

The difference between the Reported 8K and Actual Loss column is driven by the
difference in the definition of a Defaulted Contract between the DART 2000-1
Servicing Agreement and the servicer's normal procedures as described in the
Prospectus. Generally the servicer charges-off a contract:
1)   when the servicer deems the contract uncollectible;
2)   if the financed vehicle is not repossessed, during the month when 5% or
     more of an installment due under the contract becomes more than 120 days
     past due;
3)   if the financed vehicle is repossessed, when all sale proceeds, insurance
     claims and refunds of financed insurance policies and extended warranties
     have been received; or
4)   when an obligor files for bankruptcy and the servicer determines that its
     loss is known.

The definition of a Defaulted Contract in the DART 2000-1 Sale And Servicing
    Agreement states: "DEFAULTED CONTRACT" means a Contract with respect to
    which there has occurred one or more of the following: (i) all or part of a
    scheduled payment under the Contract is 120 days or more than 120 days past
    due and the Servicer has not repossessed the related Financed Vehicle, (ii)
    the Servicer, has in accordance with its customary servicing procedures,
    determined that eventual payment in full is unlikely and has either
    repossessed and liquidated the related Financed Vehicle or repossessed and
    held the related Financed Vehicle in its repossessed inventory for 90 days,
    whichever occurs first; PROVIDED, HOWEVER, in no event shall the period of
    time referred to in clauses (i) or (ii) extend for a combined period of
    longer than 120 days, or (iii) the relevant Obligor has suffered an
    Insolvency Event.

Two differences between the two standards account for the change in the Net Loss
Ratio reported in the revised Servicer Certificate from the Net Loss Ratio
calculated in accordance with the servicer's customary servicing procedures:
1)   Under the DART 2000-1 Servicing Agreement the servicer must recognize the
     entire amount of a bankrupt account as a loss when the obligor files for
     bankruptcy rather than when the seller determines the actual amount of
     loss. Although prior experience does not necessarily predict future
     performance, in the servicer's experience, a majority of the accounts that
     file bankruptcy are collected.

2)   Under the DART 2000-1 Servicing Agreement repossessions in inventory are
     considered to be a loss if the contract is 120 days delinquent.
     Traditionally the Servicer would not consider repossessions in inventory to
     be a loss until the car has been sold and all liquidation proceeds have
     been recovered and the loss is known.

*Losses as determined according to the Servicer's customary servicing
procedures.<PAGE>

                                                                   Exhibit 10.12

                              CONSULTING AGREEMENT

      This consulting agreement is dated as of October 18, 2000, by and among
Entertainment Finance International, LLC, a Delaware limited liability company
("EFI"), EFI Music Holdings LLC, a Delaware limited liability company ("Seller")
and ConnectivCorp., a Delaware corporation ("Connectiv").

      NOW, THEREFORE, in consideration of the premises and of the mutual
covenants herein contained and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto
agree as follows:

      1. The Seller hereby retains Connectiv to provide assistance and
consultation in connection with the sale to an unrelated third party (a
"Purchaser") of the assets of Cakewalk BRE LLC ("BRE"), a New York limited
liability company which includes the family of record labels known as 32 Records
(the "BRE Assets"). Prior to any such sale, EFI intends to (i) acquire the BRE
Assets pursuant to a foreclosure proceeding as permitted under the indenture
between BRE, EFI and RZO Corporate Administration, Inc. (the "Indenture"), and
(ii) transfer the BRE Assets to EFI Music as a contribution to the capital of
EFI Music.

      2. Connectiv shall assist Seller with all offers in connection with the
sale of the BRE Assets and direct any interested Purchasers to Sellers, and
assist them in connection with conducting due diligence and providing
appropriate information to such prospective Purchasers. Connectiv will, at
Seller's request, also assist in negotiating the terms of any sale of the BRE
Assets and upon receiving any written and signed offers, convey such offers to
Sellers. Upon acceptance by Seller of a bona fide offer in the form of a term
sheet, the attorneys designated by Sellers will draft appropriate agreements and
close thereon. All parties hereto shall bear their own costs and attorneys'
fees. Connectiv shall keep Seller apprised of all outstanding expressions of
interest by prospective Purchasers and on a periodic basis provide Seller with a
status report on same.

      3. Connectiv will receive a fee in connection with the sale of the BRE
Assets to a Purchaser which Connectiv directed to the Seller and in respect of
such Purchaser, performed the services in accordance with and as described in
paragraph 2 above (the "Fee"). The Fee shall be paid in cash upon the closing of
the sale (such date, the "Closing Date") and shall be calculated as 10% of the
BRE Sales Value; provided, however, the Fee shall, in no event, exceed $500,000:

      "BRE Sales Value" shall be equal to the net value received by the Sellers
from the Purchaser on the Closing Date in respect of the BRE Assets ((i) whether
in cash, stock assumption or refinancing of any debt or other consideration or
combination of the foregoing, (ii) exclusive of all amounts on deposit in the
reserve account established and maintained pursuant to the Indenture, (iii)
exclusive of consideration received from the Purchaser by the Sellers in respect
of assets which are not BRE Assets, and (iv) taking into account the present
fair market value of the consideration received by Sellers for the BRE Assets.
It is agreed that the BRE Sales Value attributable to the draft letter of intent
dated September 27, 2000 between Audio on Demand Corp., d/b/a Online Music.com
("Online") and EFI Music is $3,825,000.

<PAGE>

      4. Connectiv shall be responsible for fees of third parties retained by
it, including fees to Marvin Katz in excess of the amount agreed to be paid by
Online, which is currently $195,000, but not those of third parties retained by
EFI or the Seller. Connectiv acknowledges that the current agreement of Online
to pay a fee to Marvin Katz is not final and binding on Online and that neither
Online nor EFI is currently bound by an agreement, either oral or written to
either directly or indirectly, pay or bear the cost of any fee ultimately
payable to Marvin Katz. EFI's sole obligation to pay a consulting fee to
Connectiv in connection with the sale of the BRE Assets is set forth in
paragraph 3 hereof. Connectiv will provide copies of applicable fee arrangements
at such time as an offer is submitted to Seller for their approval.

      5. Seller shall pay the Fee at the closing of a transaction for the sale
of the BRE Assets, in whatever form such sale is effectuated.

      6. EFI, the Seller or Connectiv may terminate this agreement upon five (5)
days written notice to the other parties. Upon termination of this agreement,
Connectiv's obligations hereunder shall immediately terminate; provided,
however, if Seller or EFI should terminate this agreement, Connectiv shall
nevertheless be entitled to the Fee as set forth in paragraph 3 above for any
and all sales to Purchasers (including Online) who (a) had been directed to the
Seller by Connectiv during the term of this agreement, (b) at such time, had
provided the Seller with a bona fide offer in the form of a term sheet, and (c)
within the 12 months following such date of termination, consummated such
transaction with the Seller on terms substantially similar to those described in
such term sheet. If Connectiv shall terminate this agreement, Connectiv shall
not be entitled to any Fee (including if the Seller should sell the BRE Assets
to Online).

      7. It is acknowledged and agreed by EFI and the Seller that Connectiv
shall have no obligation whatsoever regarding the financial, legal, operation or
other obligations or functions concerning the BRE Assets, and Connectiv's sole
function hereunder or otherwise shall be as a consultant and facilitator in
connection with the sale of the BRE Assets. It is further acknowledged and
agreed that Connectiv is not liable to EFI or the Seller for the indebtedness
arising out of the Indenture or other loan documents among EFI, Cakewalk LLC,
BRE, 32 Records LLC and RZO Corporate Administration, Inc; PROVIDED, HOWEVER,
that the foregoing does not release Connectiv from any claims, costs or expenses
(including legal fees and expenses) in excess of $100,000 that EFI and the
Seller (in the aggregate) may incur as a result of any action or omission on the
part of Connectiv which directly or indirectly caused a material breach (as
determined by a court of competent jurisdiction and other than with respect to
the transfer of the RYKO Agreement contemplated herein) of the separateness
covenants contained in Section 6.1(i) of the Management Agreement and Section
11.12 of the Indenture. Notwithstanding the foregoing, nothing in this paragraph
shall create or shall be deemed to create responsibility on the part of
Connectiv for any damages suffered by EFI or the Seller as a result of EFI's or
the Seller's own actions.

      8. ConnectivCorp hereby releases and agrees to cause its affiliates to
release EFI, its affiliates, their respective directors, officers and employees
from any lender liability claims which may arise in connection with any actions
taken by EFI, its affiliates, their respective directors, officers, and
employees, on or before the date hereof in connection with the

                                       2
<PAGE>

Loan Documents; PROVIDED, HOWEVER, such release shall not release EFI from
liability resulting from or arising out of EFI's former status as an observer on
the board of directors of Cakewalk LLC and its current status as an observer on
the board of directors of ConnectivCorp which status EFI shall retain so long as
EFI shall hold 1,000,000 or more shares or warrants of Connectiv.

      9. As partial consideration for the Seller entering into this Agreement,
Connectiv shall on the date hereof, cause its wholly-owned subsidiary, 32
Records LLC to irrevocably assign and transfer to the Seller all of its rights
under that certain distribution agreement, dated November 24, 1997, by and
between REP Sales, Inc. and Cakewalk LLC (the predecessor-in-interest to 32
Records LLC) as amended (the "RYKO Agreement"). All notices from one party to
the other party shall be sent to the other party's address by (i) delivery by a
reputable courier service or by registered mail (return receipt requested) or
(ii) by facsimile transmission (or the equivalent transmission providing written
confirmation of receipt at the facsimile number of the addressee) with a copy
sent in either manner described in clause (i), all charges prepaid. The date of
receipt or refusal to accept shall be the effective date of any such notice.

      10. NOTICES. All notices from one party to the other party shall be sent
to the other party's address by (i) delivery by a reputable courier service or
by registered mail (return receipt requested) or (ii) by facsimile transmission
(or the equivalent transmission providing written confirmation of receipt at the
facsimile number of the addressee) with a copy sent in either manner described
in clause (i), all charges prepaid. The date of receipt or refusal to accept
shall be the effective date of any such notice.

If to:

CONNECTIVCORP.
29 West 57th Street, 9th Floor
New York, New York 10107
Attn:  Robert Miller
Telecopy:  212-527-2408

with a copy to:

Baer Marks & Upham LLP
805 Third Avenue
New York, New York 10022
Attn:  Michael Blumenthal, Esq.
Telecopy:  212-702-5941

If to:
ENTERTAINMENT FINANCE                           EFI MUSIC HOLDINGS LLC
INTERNATIONAL, LLC                              110 West 57th Street
110 West 57th Street                            New York, New York 10019

                                       3
<PAGE>

New York, New York 10019                        Attn.:  Thomas Cyrana
Attn:  Thomas Cyrana                            Telecopy:  212-757-9821
Telecopy:  212-757-9821

in each case, with a copy to:

THE PRUDENTIAL INSURANCE COMPANY      -and-     WILLKIE FARR & GALLAGHER
OF AMERICA                                      787 Seventh Avenue
One Gateway Center                              New York, New York 10019
Newark, New Jersey 07102-5311                   Attn:  Richard Rudder, Esq.
Attn:  Ms. Andrea Kutschner

      11. ENTIRE AGREEMENT. This Agreement sets forth the entire agreement and
understanding among the parties with reference to the transactions contemplated
hereby and supersedes any and all other oral or written agreements heretofore
made.

      12. SEVERABILITY. If any provision of this Agreement or the application of
any provision hereof to any person or in any circumstances is held invalid, the
remainder of this Agreement and the application of such provision to other
persons or circumstances shall not be affected unless the provision held invalid
shall substantially impair the benefits of the remaining portions of this
Agreement.

      13. CONSENT TO JURISDICTION.

          (a) Each party hereto hereby irrevocably submits to the exclusive
jurisdiction of any New York State or Federal court sitting in New York City in
any action or proceeding arising out of or relating to this Agreement or any
other Transaction Document, and hereby irrevocably agrees that all claims in
respect to any such action or proceeding may be heard and determined in such New
York State court, or, to the extent permitted by law, in such Federal court.
Each party hereto hereby irrevocably waives, to the fullest extent it may
effectively do so, the defense of an inconvenient forum to the maintenance of
such action or proceeding. Each party hereto irrevocably consents to the service
of any and all process in any suction action or proceeding by the mailing, or
delivery, of copies of such process to such party at its address specified in
Section 8. Each party agrees that a final judgment in any such action or
proceeding shall be conclusive and may be enforced in other jurisdictions by
suit on the judgment or in any other manner provided by law.

          (b) Nothing in this Section 11 shall affect the right of any party
hereto to serve legal process in any other manner permitted by law.

      14. WAIVER OF JURY TRIAL. The parties hereto each waive their respective
rights to a trial by jury of any claim or cause of action based upon or arising
out of or related to this Agreement, or the transactions contemplated hereby, in
any action, proceeding or other litigation of any type brought by any of the
parties against any other party or parties, whether with respect to contract
claims, tort claims, or otherwise. The parties hereto each agree that any such
claim or cause of action shall be tried by a court trial with a jury. Without
limiting the foregoing, the

                                       4
<PAGE>

parties further agree that their respective right to a trial by jury is waived
by operation of this Section 12 as to any action, counterclaim or other
proceeding which seeks, in whole or in part, to challenge the validity or
enforceability of this Agreement or any provision hereof the waiver shall apply
to any subsequent amendments, renewals, supplements or modifications to this
Agreement.

      15. CAPTIONS. Captions to Articles, Sections and subsections of this
Agreement are included for convenience of reference only and shall not
constitute a part of this Agreement for any other purpose or in any way affect
the meaning or construction of any provision of this Agreement.

      16. GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO
PRINCIPLES OF CONFLICTS OF LAW.

      17. COUNTERPARTS. This Agreement may be executed in any number of
counterparts, each of which shall be deemed to be an original, but all such
separate counterparts shall together constitute one and the same instrument.

      18. SURVIVAL. Notwithstanding any termination of this Agreement, the
provisions of paragraphs 7 and 8 shall survive.

                                       5
<PAGE>

      IN WITNESS WHEREOF, this Agreement has been executed by the duly
authorized signatories of the parties hereto all as of the day and year first
above written.

                            ENTERTAINMENT FINANCE
                            INTERNATIONAL, LLC, as Lender

                            By:     BJT HOLDING, INC, its Managing
                                        Member

                                    By:
                                       --------------------------------
                                       Name:
                                       Title:

                            CONNECTIVCORP.

                            By:
                               ---------------------------------------
                               Name:
                               Title:

                            EFI MUSIC HOLDINGS LLC

                            By:     Entertainment Finance
                                    International, LCC, its sole member

                            By:     BJT Holding, Inc., its Managing Member

                            By:
                               ---------------------------------------
                               Name:
                               Title:

                            By:
                               ---------------------------------------
                               Name:
                               Title:

                                       6

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