Document:

ex101

    ASSET
      PURCHASE AGREEMENT

    

    ASSET
      PURCHASE AGREEMENT, dated as of November 30, 2005 (as hereafter amended,
      modified or supplemented, this "Agreement"), between BRIDGEFILMS, INC., a
      non-profit corporation organized and existing under the laws of the State of
      New
      York ("Seller"), and BRIDGEFILMS, INC., a corporation organized and existing
      under the laws of the State of Nevada ("Purchaser"). Seller and Purchaser are
      sometimes referred to herein individually as a "Party" and collectively as
      the
“Parties." 

    

    WITNESSETH:

    

    WHEREAS,
      Seller is a non-profit entity engaged in the business of producing documentary
      films in the United States; and

    

    WHEREAS,
      Seller desires to sell to Purchaser, and Purchaser desires to purchase from
      Seller, all right, title and interest of Seller in and to all of the property
      and assets used in connection with the business of Seller, and in connection
      therewith Purchaser is willing to assume all liabilities of Seller relating
      thereto, all upon the terms and subject to the conditions set forth
      herein;

    

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

    

    SECTION
      1. Purchase and Sale of Assets.

    

    (a)
      Purchase Price. On the Closing Date, as hereinafter defined, Purchaser shall
      pay
      Seller for the Assets the price of 500,000 common shares of Purchaser (the
      “Purchase Price”).  

    

    (b)
      Assets to Be Sold. On the terms and subject to the conditions of this Agreement,
      Seller shall, on the Closing Date, sell, assign, transfer, convey and deliver
      to
      Purchaser or cause to be sold, assigned, transferred, conveyed and delivered
      to
      Purchaser, and Purchaser shall acquire from Seller, on the Closing Date, all
      of
      Seller's right, title and interest in and to the following assets, in each
      case
      owned or leased by Seller (collectively, the "Assets"):

    

    (i)
      all
      furniture, fixtures, equipment, machinery, and other tangible personal property
      of the Seller;

    

    (ii)
      all
      books of account, general, financial, tax and personnel records, invoices,
      supplier lists, correspondence and other documents, records and files and all
      computer software and programs and any rights thereto;

     

    
      
        
        

      

      
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    (iv)
      all
      intellectual property, goodwill, trade secrets and other intangible personal
      property, including, but not limited to, any and all right to the films of
      Seller;

    

    (v)
      all
      sales and promotional literature, customer lists and other sales-related
      materials;

    

    (vi)
      all
      rights under all contracts, subcontracts, licenses, sublicenses, agreements,
      leases, purchase orders, customer orders, commitments and similar binding
      arrangements of Seller;

    

    (vii)
      all
      cash, cash equivalents and bank accounts;

    

    (ii)
      all
      accounts receivable, notes and other amounts receivable from third parties
      (including, without limitation, customers and employees) arising from the
      conduct of the business of Seller;

    

    (iii)
      all
      claims, causes of action, chases in action, rights of recovery and rights of
      set-off of any kind (including rights to insurance proceeds) pertaining to,
      arising out of or inuring to the benefit of the business of Seller;

    

    (iv)
      all
      rights of Seller in and to the names "Bridgefilms" and "Bridgefilms, Inc."
      ;

    

    (vi)
      all
      rights of Seller under this Agreement and any other asset of Seller not
      specifically mentioned herein.

    

    SECTION
      2. Assumption of Liabilities. (a) Purchaser shall, on the Closing Date, assume
      and shall pay, perform and discharge when due all liabilities of Seller.

    

    SECTION
      3. Closing. Subject to the terms and conditions of this Agreement, the sale
      and
      purchase of the Assets and the assumption of the Liabilities contemplated by
      this Agreement shall take place on December 15, 2005 at 10:00 a.m. PST (the
      "Closing") to be held at the offices of Cane Clark LLP, 3272 E. Warm Springs
      Rd., Las Vegas, NV 89120 or at such other place or at such other time or on
      such
      other date as Seller and Purchaser may mutually agree upon in writing (the
      day
      on which the Closing takes place being the "Closing Date"). Purchaser shall
      have
      from the date of this Agreement to the Closing Date in which to conduct all
      investigations and studies of the Assets and Liabilities as Purchaser shall
      determine to be necessary or appropriate. Seller shall provide to Purchaser
      any
      and all documents requested by Purchaser to perform such investigations and
      studies. If Purchaser is not satisfied for any reason whatsoever prior to the
      Closing Date, then Purchaser shall have the absolute and unconditional right
      to
      terminate this Agreement. If Purchaser elects to terminate this Agreement,
      the
      Purchaser shall deliver written notice to Seller of its 

     

    
      
        
        

      

      
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    intention
      within three (3) days of the Closing Date. Should Purchaser issue such notice,
      then this Agreement shall automatically terminate whereupon the parties shall
      be
      relieved of any and all further obligations hereunder. If Purchaser does not
      issue such notice, then Purchaser will have deemed to have elected to go forward
      with the acquisition of the Assets pursuant to this Agreement.

    

    SECTION
      4. Conditions to Closing. The Closing of this Agreement is subject to the
      following conditions:

     

    (a)
      The
      representations and warranties set forth in this Agreement shall be true and
      correct;

     

    (b)
      The
      Parties shall have performed in all material respects the covenants required
      to
      be performed by them under this Agreement at or prior to the Closing
      Date.

    

    (c)
      There
      shall be no effective or pending law or order that would prohibit the Closing,
      and the Seller shall have obtained all necessary approvals of any governmental
      entities in connection with the transactions contemplated hereby.

    

    SECTION
      5. Closing Deliveries. At the Closing, Seller shall deliver or cause to be
      delivered to Purchaser an executed bill of sale and any other documents
      necessary to sell, assign, transfer, convey and deliver to Purchaser or cause
      to
      be sold, assigned, transferred, conveyed and delivered to Purchaser all of
      Seller's right, title and interest in and to the Assets. Purchaser shall deliver
      or cause to be delivered to Seller the Purchase Price in the form of a cashier’s
      check, wire fund, or other mechanism of payment of lawful U.S. funds as
      requested by the Seller.

    

    SECTION
      6. Consents. Seller shall use reasonable efforts to obtain any required consents
      to assignment of all contracts, licenses, sublicenses, agreements and leases
      included among the Assets. 

    

    SECTION
      7. Damages. In no event shall Seller or Purchaser be liable for consequential
      damages under this Agreement or any documents or instruments delivered by such
      parties at the Closing.

    

    SECTION
      8. Representations and Warranties. (a) Seller and Purchaser each hereby
      represents and warrants to the other that (i) it is a corporation duly
      organized, validly existing and in good standing under the laws of its
      jurisdiction of incorporation and has all necessary corporate power and
      authority to enter into this Agreement and any agreements ancillary hereto,
      to
      carry out its obligations hereunder and thereunder and to consummate the
      transactions contemplated hereby and thereby; (ii) the execution and delivery
      of
      this Agreement and any agreements ancillary hereto by it, the performance by
      it
      of its obligations hereunder and thereunder and the consummation by it of the
      transactions contemplated hereby and 

     

    
      
        
        

      

      
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    thereby
      have been duly authorized and approved by all requisite action on its part;
      and
      (iii) this Agreement has been, and upon their execution any agreements ancillary
      hereto will be, duly executed and delivered by it, and (assuming due
      authorization, execution and delivery by the other party) this Agreement
      constitutes, and upon their execution any agreements ancillary hereto will
      constitute, legal, valid and binding obligations of it enforceable against
      it in
      accordance with their respective terms.

    

    (b)
      EXCEPT WITH RESPECT TO THE EXPRESS REPRESENTATIONS AND WARRANTIES SPECIFICALLY
      SET FORTH HEREIN, SELLER MAKES NO, AND EXPRESSLY DISCLAIMS ANY, REPRESENTATION
      OR WARRANTY OF ANY KIND OR NATURE, EXPRESS OR IMPLIED, ORAL OR WRITTEN, WHETHER
      OF MERCHANTABILITY, USAGE, SUITABILITY OR FITNESS FOR A PARTICULAR PURPOSE
      OR
      QUALITY OF THE ASSETS, OR ANY PART THEREOF, OR AS TO THE CONDITION, WORKMANSHIP
      OR VALUE THEREOF OR THE ABSENCE OF ANY DEFECTS THEREIN, WHETHER LATENT OR
      PATENT. IT IS UNDERSTOOD BY THE PARTIES THAT THE ASSETS ARE TO BE CONVEYED
      HEREUNDER "AS-IS" AND "WHERE-IS" ON THE CLOSING DATE AND IN THEIR THEN PRESENT
      CONDITION, AND THE PURCHASER SHALL RELY SOLELY UPON ITS OWN INVESTIGATION AND
      EXAMINATION THEREOF.

    

    SECTION
      9. Public Announcements. Neither Party hereto shall make, or cause to be made,
      any press release or other public announcement with respect to this Agreement
      or
      the transactions contemplated hereby without the prior written consent of the
      other party, and in any event, no such press release or other public
      announcement shall disclose any of the terms or conditions of this Agreement,
      unless such disclosures are required to be made by law.

    

    SECTION
      10. Further Action. Each of the Parties hereto shall use all reasonable efforts
      to take, or cause to be taken, all appropriate action, do or cause to be done
      all things necessary, proper or advisable under applicable law, and execute
      and
      deliver such documents and other papers, as may be required to carry out the
      provisions of this Agreement and consummate and make effective the transactions
      contemplated hereby.

    

    SECTION
      11. Expenses. All costs and expenses, including, without limitation, fees and
      disbursements of counsel, financial advisors and accountants, incurred in
      connection with this Agreement and the transactions contemplated hereby shall
      be
      paid by the Party incurring such costs and expenses, whether or not the Closing
      shall have occurred.

    

    SECTION
      12. Headings. The descriptive headings contained in this Agreement are for
      convenience of reference only and shall not affect in any way the meaning,
      construction or interpretation of this Agreement. 

     

    
      
        
        

      

      
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    SECTION
      13. Severability. If any term or other provision of this Agreement is invalid,
      illegal or incapable of being enforced by any law or public policy, all other
      terms and provisions of this Agreement shall nevertheless remain in full force
      and effect so long as the economic or legal substance of the transactions
      contemplated hereby is not affected in any manner materially adverse to any
      party. Upon such determination that any term or other provision is invalid,
      illegal or incapable of being enforced, the parties hereto shall negotiate
      in
      good faith to modify this Agreement so as to effect the original intent of
      the
      parties as closely as possible in an acceptable manner in order that the
      transactions contemplated hereby are consummated as originally contemplated
      to
      the greatest extent possible.

    

    SECTION
      14. Entire Agreement. This Agreement constitutes the entire agreement of the
      parties hereto with respect to the subject matter hereof and supersedes all
      prior agreements, representations, undertakings and understandings, both written
      and oral, between Seller and Purchaser with respect to the subject matter
      hereof.

    

    SECTION
      15. Assignment. This Agreement may not be assigned by operation of law or
      otherwise without the express written consent of Seller and Purchaser (which
      consent may be granted or withheld in the sole discretion of Seller and
      Purchaser).

    

    SECTION
      16. No Third Party Beneficiaries. This Agreement shall be binding upon and
      inure
      solely to the benefit of the parties hereto and their permitted assigns and
      nothing herein, express or implied, is intended to or shall confer upon any
      other person, including, without limitation, any employee or former employee
      of
      Seller, any legal or equitable right, benefit or remedy of any nature
      whatsoever, including, without limitation, any rights of employment for any
      specified period, under or by reason of this Agreement.

    

    SECTION
      17. Amendment. This Agreement may not be amended, modified or supplemented
      except by an instrument in writing signed by, or on behalf of, Seller and
      Purchaser.

    

    SECTION
      18. Arbitration. All disputes, differences, controversies or claims between
      the
      parties hereto arising out of or relating to this Agreement or the transactions
      contemplated hereby shall be finally settled under binding arbitration in the
      city of Las Vegas, Nevada. Any such arbitration shall be governed by the
      Commercial Arbitration Rules of the American Arbitration
      Association.

    

    SECTION
      19 Governing Law. This Agreement shall be governed by, and construed in
      accordance with, the laws of the State of Nevada, without giving effect to
      any
      choice of law or conflict of law provision or rule that would cause the
      application of the Laws of any jurisdiction other than the State of
      Nevada.

    

    SECTION
      20. Counterparts. This Agreement may be executed in one or more counterparts,
      and by the different parties hereto in separate counterparts, each of

     

    
      
        
        

      

      
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    which
      when executed shall be deemed to be an original but all of which taken together
      shall constitute one and the same agreement.

    

    SECTION
      21. Specific Performance. The Parties hereto agree that irreparable damage
      would
      occur in the event any provision of this Agreement was not performed in
      accordance with the terms hereof and that the parties shall be entitled to
      specific performance of the terms hereof, in addition to any other remedy at
      law
      or equity, without the necessity of demonstrating the inadequacy of money
      damages.

    

    IN
      WITNESS WHEREOF, Seller and Purchaser have caused this Agreement to be executed
      by their respective officers hereunto duly authorized as of the date first
      written above.

    

    THE
      BRIDGEFILMS COMPANY, INC., a New York non-profit corporation.

    

    By:
      

    Virginia
      F. Perry

    Name:
      Virginia F. Perry 

    Title:
      President

    

    

    BRIDGEFILMS,
      INC., a Nevada corporation.

    

    By:

    Virginia
      F. Perry

    Name:
      Virginia F. Perry

    Title:
      Presidentcwiener@caneclark.com

    WRITER
      EMPLOYMENT AGREEMENT 

     

    (Low-Budget,
      Non-union)

     

     

    Agreement
      effective January 15, 2006, between Bridgefilms Inc., a Nevada Corporation
      ("Production Company"), and Arthur Nevis ("Writer"). 

     

    1.
      EMPLOYMENT: Production Company employs Writer to perform and Writer agrees
      to
      perform writing services for Production Company's proposed motion picture
      currently entitled "Fire On Earth " ("The Picture"), based on an original story
      by Biography of William Reich . All of Production Company's obligations under
      this Agreement are expressly conditioned upon Writer's completion, to Production
      Company's satisfaction, of Form I-9 (Employment Eligibility Verification Form)
      and Writer's submission to Production Company of original documents satisfactory
      to Production Company to prove Writer's employment eligibility. 

     

    2.
      SERVICES/FORM OF WORK: The completed results and product of Writer's services
      (including all material created, added, interpolated and submitted by Writer)
      shall be deemed the "Work" which shall be created in each of the applicable
      forms listed below ("Forms of Work"): 

     

    Forms
      of
      Work: Screenplay, Polish 

     

    (a)
      Use
      of Work: In Production Company's sole, absolute and unfettered discretion,
      Production Company may use or not use the Work and may make any changes in,
      deletions from or additions to the Work. 

     

    (b)
      Underlying Property: If the Work is based on an original idea or material
      ("Property") created by Writer, Writer hereby grants Production Company the
      same
      rights in the Property as Production Company is acquiring hereunder in the
      Work.
      The compensation payable to Writer pursuant to Paragraph 5 includes payment
      for
      said rights in the Property and for the writing services of Writer hereunder.
      

     

    3.
      DELIVERY: Writer agrees to complete and deliver each Form of Work and the Work,
      including any changes and revisions required by Production Company as follows:
      

     

    Screenplay
      due: May 15, 2006.

     

    
      
         

      

      
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    Polish
      due: June 15, 2006 

     

    4.
      PERFORMANCE STANDARDS: All of Writer's services shall be rendered promptly
      in a
      diligent, conscientious, artistic and efficient manner and Writer shall devote
      Writer's entire time and attention and best talents and abilities to the
      services to be rendered, either alone or in collaboration with others. Writer's
      services shall be rendered in such manner as Production Company may reasonably
      direct pursuant to the instructions, suggestions and ideas of, and under the
      control of, and at the times and places reasonably required by, Production
      Company's duly authorized representatives. Writer, as and when reasonably
      requested by Production Company, shall consult with Production Company's duly
      authorized representatives and shall be available for conferences with such
      representatives for such purposes at such times and places during Writer's
      employment as may be required by such representatives. 

     

    5.
      COMPENSATION: Conditioned upon Writer's full performance of all of Writer's
      obligations hereunder, Production Company will pay Writer as full compensation
      for all services rendered and rights granted as follows: 

     

    (a)
      Fixed
      compensation: $15,000 which shall be paid as follows: 

     

    i.
      $10,000 upon delivery of finished draft of screenplay. 

     

    ii.
      $5,000 upon delivery of the last Form of Work due Production Company.

     

    In
      addition: 

     

    (b)
      Bonus
      compensation as follows: 

     

    i.
      None

     

    (b)
      To
      Production Company: All notices from Writer to Production Company shall be
      given
      in writing by mail, messenger, cable, telex or telecopier addressed as indicated
      below. The date of mailing, messengering, cabling, telexing or telecopying
      shall
      be deemed to be the date of service. Notice to the Production Company shall
      be
      sent to 3275 East Warm Springs Road, Las Vegas NV 89120. 

     

    (c)
      Change of Address: The address of Writer and of Production Company set forth
      herein may be changed to such 

     

    
      
         

      

      
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    other
      address as Writer or Production Company may hereafter specify by written notice
      given to the other Party. 

     

    10.
      ASSIGNMENT: This Agreement is non-assignable by Writer. This Agreement shall
      inure to the benefit of Production Company's successors, assignees, licensees
      and grantees and associated, affiliated and subsidiary companies. Production
      Company and any subsequent assignee may freely assign this Agreement, in whole
      or in part, to any party provided that such party assumes and agrees in writing
      to keep and perform all of the executory obligations of Production Company
      hereunder. 

     

    11.
      NAME
      AND LIKENESS: Production Company shall have the right to use and permit others
      (including any exhibitor or sponsor of the Program or Series) to use Writer's
      name and likeness for the purpose of advertising and publicizing the Work,
      any
      Program based on the Work, and any of exhibitor's or sponsor's products and
      services, but not as an endorsement or testimonial. 

     

    12.
      PAY
      OR PLAY: The rights in this Paragraph shall be in addition to and shall not
      in
      any way diminish or detract from Production Company's rights as otherwise set
      forth. Production Company shall not be obligated to use Writer's services,
      nor
      use the results and product of Writers services, nor produce, release,
      distribute, exhibit, advertise, exploit or otherwise make use of the Program.
      Production Company may at any time, without legal justification or excuse,
      elect
      not to use Writer's services or to have any further obligations to Writer under
      this Agreement. If Production Company elects not to use Writer's services
      pursuant to this Paragraph, Writer shall be paid the Compensation set forth
      in
      Paragraph 5 (a) if Writer performs those services. 

     

    13.
      CREDIT: 

     

    (a)
      The
      writing credits shall read: "Story by Arthur Nevis," and "Written by Arthur
      Nevis" (or another name chosen by Writer), if a substantial amount of Writer's
      work is incorporated in the Picture. In determining whether Writer is awarded
      sole, shared or no writing credit, reference shall be made to the principles
      of
      the WGA credit arbitration rules. Although Production Company is not a WGA
      signatory, to the extent possible, the principles of the WGA credit arbitration
      rules shall be followed by the parties. 

     

    
      
         

      

      
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    In
      the
      event of a credit dispute, the arbitrator of such a dispute shall follow the
      WGA
      credit rules to the extent they do not conflict with the rules of the AFMA
      or
      the American Arbitration Association. 

     

    (b)
      In
      the event that writer also directs the picture, writer shall receive an
      appropriate directing credit in accordance with the rules of the DGA. Although
      Production Company is not a DGA signatory, and writer is not a DGA member,
      to
      the extent possible, the principles of the WGA credit rules shall be followed
      by
      the parties. In the event of a credit dispute, the arbitrator of such a dispute
      shall follow the DGA credit rules to the extent they do not conflict with the
      rules of AFMA or the American Arbitration Association. 

     

    14.
      CONDITIONS AFFECTING OR RELATED TO COMPENSATION: 

     

    (a)
      Method of Payment: All compensation which shall become due to Writer shall
      be
      paid by Production Company by check and sent to Writer at the address provided
      in the Notices and Payments provision of this Agreement. 

     

    (b)
      Governmental Limitation: No withholding, deduction, reduction or limitation
      of
      compensation by Production Company which is required or authorized by law
      ("Governmental Limitation") shall be a breach by Production Company or relieve
      Writer from Writer's obligations. Payment of compensation as permitted pursuant
      to the Governmental Limitation shall continue while such Governmental Limitation
      is in effect and shall be deemed to constitute full performance by Production
      Company of its obligations respecting the payment of compensation. The foregoing
      notwithstanding, if at such time as the Governmental Limitation is no longer
      in
      effect there is compensation remaining unpaid to Writer, Production Company
      shall cooperate with Writer in connection with the processing of any
      applications relative to the payment of such unpaid compensation and Production
      Company shall pay such compensation to Writer at such times as Production
      Company is legally permitted to do so. 

     

    (c)
      Garnishment/Attachment: If Production Company shall be required, because of
      the
      service of any garnishment, attachment, writ of execution, or lien, or by the
      terms of any contract or assignment executed by Writer, to withhold, or to
      pay
      to any other Party all or any portion of the 

     

    
      
         

      

      
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    compensation
      due Writer, the withholding or payment of such compensation or any portion
      thereof in accordance with the requirements of any such attachment, garnishment,
      writ of execution, lien, contract or assignment shall not be construed as a
      breach by Production Company. 

     

    (d)
      Overpayment/Offset: If Production Company makes any overpayment to Writer for
      any reason or if Writer is indebted to Production Company for any reason, Writer
      shall pay Production Company such overpayment or indebtedness on demand, or
      at
      the election of Production Company, Production Company may deduct and retain
      for
      its own account an amount equal to all or any part of such overpayment or
      indebtedness from any sums that may be due or become due or payable by
      Production Company to Writer or for the account of Writer and such deduction
      or
      retention shall not be construed as a breach by Production Company.

     

    15.
      Arbitration: This Agreement shall be interpreted in accordance with the laws
      of
      the State of Nevada, applicable to agreements executed and to be wholly
      performed therein. Any controversy or claim arising out of or in relation to
      this Agreement or the validity, construction or performance of this Agreement,
      or the breach thereof, shall be resolved by arbitration in accordance with
      the
      rules and procedures of AFMA, as said rules may be amended from time to time
      with rights of discovery if requested by the arbitrator. Such rules and
      procedures are incorporated and made a part of this Agreement by reference.
      If
      AFMA shall refuse to accept jurisdiction of such dispute, then the parties
      agree
      to arbitrate such matter before and in accordance with the rules of the American
      Arbitration Association under its jurisdiction in Nevada before a single
      arbitrator familiar with entertainment law. The parties shall have the right
      to
      engage in pre-hearing discovery in connection with such arbitration proceedings.
      The parties agree hereto that they will abide by and perform any award rendered
      in any arbitration conducted pursuant hereto, that any court having jurisdiction
      thereof may issue a judgment based upon such award and that the prevailing
      party
      in such arbitration and/or confirmation proceeding shall be entitled to recover
      its reasonable attorneys' fees and expenses. The arbitration will be held in
      Nevada and any award shall be final, binding and non-appealable. The Parties
      agree to accept service of process in accordance with the AFMA Rules.

     

    IN
      WITNESS WHEREOF, the parties hereto have signed this Agreement as of the day
      and
      year first above written. 

     

    "Production
      Company" 

     

    /s/
      Virginia F. Perry

    Virginia
      F. Perry, President

    on
      behalf
      of Bridgefilms Inc. 

     

     

    "Writer"
      

     

    /s/
      Arthur Nevis

    Arthur
      Nevis

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