Document:

<PAGE>

                                                                     EXHIBIT 4.5

                                  FORM OF NOTE

          THE SECURITIES REPRESENTED HEREBY HAVE BEEN ISSUED WITHOUT
          REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR UNDER
          ANY STATE SECURITIES LAWS, AND MAY NOT BE SOLD, TRANSFERRED OR PLEDGED
          IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER APPLICABLE
          FEDERAL AND STATE SECURITIES LAWS OR AN OPINION OF COUNSEL REASONABLY
          SATISFACTORY TO THE COMPANY THAT THE TRANSFER IS EXEMPT FROM
          REGISTRATION UNDER APPLICABLE FEDERAL AND STATE SECURITIES LAWS.

                      ACCESS INTEGRATED TECHNOLOGIES, INC.
                             SECURED PROMISSORY NOTE

$[_____________]                                           New York, New York
                                                 Dated as of:  [___________](1)

                  For value received, the undersigned, Access Integrated
Technologies, Inc., a Delaware corporation (the "Company"), whose principal
place of business is located at 55 Madison Avenue, Suite 119, Morristown, New
Jersey 07960, hereby promises to pay to [____________] (the "Holder") the
principal amount of [____________] Dollars ($_________) in twenty (20) equal
quarterly installments, each in the amount of $[ ] on the last day of March,
June, September and December, commencing with [__________, 20__].(2)

                  This note is one of the notes (the "Notes") referred to in
that certain Stock Purchase Agreement, dated as of July __, 2003, between and
among the Company, Hollywood Software, Inc. and David Gajda and Robert Jackovich
(the "Purchase Agreement") and is subject to any right of offset by the Company
provided therein. This note is secured as provided in that certain Pledge and
Security Agreement of even date herewith, by and among the Company and David
Gajda and Robert Jackovich (the "Pledge Agreement").

                  Unpaid principal on this note shall accrue interest at the
rate of eight (8%) percent per annum (based on a 365-day year) and shall be paid
on each date on which principal is payable hereunder.

                  All or part of any this note may be prepaid at any time
without premium or penalty.

--------
(1) Insert date of issue.
(2) Insert the last month of the first full quarter following the date of issue.

<PAGE>

                  All payments to be made by the Company pursuant to this note
shall be made in lawful money of the United States by certified check, or
federal funds wire transfer in immediately available funds.

                  If the principal of or the interest on this note is not paid
when due, then the overdue amount shall bear interest at the annual rate of
eleven and one-half (11.5%) percent ("Default Interest"), which interest shall
accrue from the date such overdue amount shall have become due through the date
of payment of such overdue amount (including interest thereon).

                  The Company shall not incur indebtedness for borrowed money,
except for Permitted Indebtedness. For purposes hereof, the following terms
shall have the meaning specified:

                  (a) "Permitted Indebtedness" means Purchase Money
Indebtedness, Acquisition Indebtedness, Senior Indebtedness, Debt Service
Indebtedness, Subordinate Indebtedness, Refinancing Indebtedness and lease
obligations that are capitalized in accordance with generally accepted
accounting principles.

                  (b) "Purchase Money Indebtedness" means indebtedness, other
than Acquisition Indebtedness, for the deferred purchase price of plant,
property and equipment that is unsecured or is secured solely by the item of
plant, property and equipment purchased;

                  (c) "Acquisition Indebtedness" means indebtedness incurred in
connection with the purchase of all or substantially all of the assets or equity
of a business that (i) is unsecured or secured solely by the assets (in the case
of an asset acquisition) or equity (in the case of an equity acquisition) of the
business so acquired, (ii) is in a principal amount that does not exceed fifty
(50%) percent of the aggregate purchase price therefor and (iii) does not
provide for amortization of principal on terms less favorable to the Company
than equal monthly installments over a five-year period;

                  (d) "Senior Indebtedness" means indebtedness in an aggregate
principal amount not greater than $1,000,000 at any time provided by a bank or
institutional lender that is unsecured or secured by all or any of the assets of
the Company and its subsidiaries;

                  (e) "Debt Service Indebtedness" means indebtedness the
proceeds of which are used exclusively to repay all or any portion of the Notes
and associated fees and expenses;

                  (f) "Subordinate Indebtedness"means unsecured indebtedness
that is subordinate and junior in right of payment to the Notes and which does
not provide for amortization of principal on terms less favorable to the Company
than equal monthly installments over a five-year period; and

                  (g) "Refinancing Indebtedness" means indebtedness incurred and
used solely to repay or refinance Permitted Indebtedness and any indebtedness of
the Company outstanding on the date hereof and associated fees and expenses;
provided, that the repayment terms thereof are not less favorable to the Buyer
than the repayment terms of the indebtedness so repaid or refinanced.

                                        2
<PAGE>

                  This note shall be subordinate and junior in right of payment
to all Senior Indebtedness.

                  If any of the following events (each, an "Event of Default")
shall occur and be continuing:

                  (i) The Company shall fail to pay (whether in cash or by valid
offset in accordance with the terms of the Purchase Agreement) any amount
payable under this note when such payment becomes due whether at maturity or by
acceleration or otherwise, and such failure remains uncured for five (5)
business days after the Holder gives written notice of such failure to the
Company;

                  (ii) A Default shall occur under the Pledge Agreement;

                  (iii) The Company shall incur any indebtedness other than
Permitted Indebtedness;

                  (iv) The Company shall prepay (other than payments in or by
conversion to capital stock of the Company) any Permitted Indebtedness other
than Senior Indebtedness or prepayments made with the proceeds of any
Refinancing Indebtedness;

                  (v) The Company shall breach, in any material respect, any
representation or warranty under, or fails, in any material respect, to perform
its obligations under this note or the Pledge Agreement; or

                  (vi) (a) The Company shall commence any case, proceeding or
other action (x) under any existing or future law of any jurisdiction, domestic
or foreign, relating to bankruptcy, insolvency, reorganization, conservatorship
or relief of debtors, seeking to have an order for relief entered with respect
to it, or seeking to adjudicate it a bankrupt or insolvent, or seeking
reorganization, arrangement, adjustment, winding-up, liquidation, dissolution,
composition or other relief with respect to it or its debts or (y) seeking
appointment or a receiver, trustee, custodian, conservator or other similar
official for it or for all or any substantial part of its assets, or the Company
shall commence dissolution proceedings or make a general assignment for the
benefit of its creditors; (b) there shall be commenced against the Company any
case, proceeding or other action of a nature referred to in clause (a) above
that (A) results in the entry of an order for relief of any such adjudication of
appointment or (B) remains undismissed, undischarged or unbonded for a period of
sixty (60) days; (c) there shall be commenced against the Company any case,
proceeding other action seeking issuance of a warrant of attachment, execution,
distrait or similar process against all or any substantial part of its assets
that results in the entry of an order for any such relief that shall not have
been vacated, discharged, or stayed or bonded pending appeal within sixty (60)
days from the entry thereof; (d) the Company shall take any action in
furtherance of, or indicating its consent to, approval of, or acquiescence in
any of the acts set forth in clauses (a), (b) or (c) above; or (e) the Company
shall generally not, or shall be unable to, or shall admit in writing its
inability to, pay its debts as they become due,

                                       3
<PAGE>

                  then, and in any such event, (x) if such event is an Event of
Default specified in clause (vi) above with respect to the Company,
automatically this Note (with all accrued and unpaid interest thereon) and all
other amounts owing under this note shall immediately become due and payable,
and (y) if such event is an Event of Default specified in clauses (i), (ii),
(iii), (iv) or (v) above, the Holder may, at any time at its option, by written
notice to the Company, declare this note (with all accrued and unpaid interest
thereon) and all other amounts owing under this note to be immediately due and
payable. Notwithstanding anything to the contrary contained herein, any amounts
owed under this note shall bear interest at the Default Rate from and after the
occurrence of an Event of Default.

                  The Company hereby covenants and agrees that it will not
consummate any Business Combination (as defined in the Purchase Agreement)
unless and until this note shall be repaid in full; provided, however, that the
requirement that this note be repaid prior to consummation of the Business
Combination may be waived by written notice to Buyer delivered at least three
(3) business days prior to the consummation date of such Business Combination.

                  The Company hereby waives grace, diligence, presentment,
demand, notice of demand, dishonor, notice of dishonor, protest, notice of
protest, any and all exemption rights against the indebtedness evidenced by this
note and the right to plead any statute of limitations as a defense to the
repayment of all or any portion of this note, and interest thereon, to the
fullest extent allowed by law, any and all notices of any kind (other than
notices specifically provided for in this note) and, except with respect to its
rights provided in the Purchase Agreement, all compensation of cross-demands
pursuant to California Code of Civil Procedure Section 431.70, to the extent
applicable. No delay, omission and/or failure on the part of Holder in
exercising any right and/or remedy hereunder shall operate as a waiver of such
right and/or remedy or of any other right and/or remedy of Holder.

                  This note shall be construed and enforced under and pursuant
to the laws of the State of New York.

                  This note shall continue to be effective or be reinstated, as
the case may be, if at any time any payment made pursuant to it (whether by the
Company, any guarantor of this note or any other person or entity) is rescinded
or must otherwise be returned by the Holder upon the bankruptcy or
reorganization or otherwise of the Company or any guarantor or any other person
or entity, all as though such payment had not been made.

                  The failure on the part of the Holder to at any time enforce
any of the provisions of this note shall not be deemed or construed to be a
waiver of any such provisions, nor in any way to affect the validity of this
note or any provision hereof or the right of the Holder to thereafter enforce
each and every provision of this note. No waiver of any breach of any of the
provisions of this note shall be effective unless set forth in a written
instrument executed by the party against which enforcement of such waiver is
sought; and no waiver of any such breach shall be construed or deemed to be a
waiver of any other or subsequent breach. Neither this note nor any rights to
receive payments hereunder may be assigned or transferred by the Holder without
the prior written consent of the Company, which consent shall not be
unreasonably withheld, conditioned or delayed.

                                       4
<PAGE>

                  The Company agrees to pay any and all costs and/or expenses
paid and/or incurred by Holder by reason of, as a result of, or in connection
with, the collection or enforcement of this note or the Company's obligations
hereunder and under the Pledge Agreement and/or any other documents contemplated
hereby or thereby, including, but not limited to, any and all attorneys' fees
and related costs, whether such costs and/or expenses are paid or incurred in
connection with the enforcement of this Note, the Pledge Agreement or any other
documents contemplated hereby or thereby, the protection and/or preservation of
the collateral or security for this note and/or any other rights, remedies
and/or interests of Holder, whether or not suit is filed. The Company's
agreement to pay any and all such costs and expenses includes, but is not
limited to, costs and expenses incurred in enforcing any judgment obtained by
Holder and in connection with any appeals therefrom. All such costs and expenses
are immediately due and payable to Holder by the Company whether or not demand
therefore is made by Holder.

                  The Company hereby represents and warrants to Holder that, by
its execution below, the Company has the full power, authority and legal right
to execute and deliver this note and that the indebtedness evidenced hereby
constitutes a valid and binding obligation of the Company without exception or
limitation.

                  This note may be modified only by a written instrument that is
executed and delivered by the party against which enforcement of such
modification is sought.

                                     ACCESS INTEGRATED TECHNOLOGIES, INC.

                                     By: _____________________________________
                                         A. Dale Mayo
                                         President and Chief Executive Officer

                                       5<PAGE>

                                                                     EXHIBIT 4.6

                                     FORM OF
                          PLEDGE AND SECURITY AGREEMENT

         PLEDGE AND SECURITY AGREEMENT, dated as of September __, 2003 (this
"Pledge Agreement"), by and between Access Integrated Technologies, Inc., a
Delaware corporation ("Pledgor"), David Gajda and Robert Jackovich (each, a
"Secured Party" and, collectively, the "Secured Parties") and ________________
("Pledge Agent").

         WHEREAS, pursuant to that certain Stock Purchase Agreement, dated July
__, 2003, by and between Pledgor, Hollywood Software, Inc. (the "Company") and
the Secured Parties (the "Purchase Agreement"), Pledgor has purchased from the
Secured Parties, and the Secured Parties have sold to Pledgor, _________ shares
of the Company's common stock, par value $___ per share, which represents all of
the issued and outstanding shares of capital stock of the Company (the "Company
Stock");

         WHEREAS, in partial consideration thereof, Pledgor has issued to the
Secured Parties secured promissory notes on the date hereof in the aggregate
principal amount of $3,000,000 (each, an "Initial Note" and, collectively, the
"Initial Notes");

         WHEREAS, pursuant to Section 1.4 of the Purchase Agreement, Pledgor may
be required to issue additional notes to Secured Parties (the "Additional Notes"
and together with the Initial Notes, the "Notes"); and

         WHEREAS, as a condition to the purchase and sale of the Notes, the
Secured Parties have required, and Pledgor has agreed to, the pledge and
granting of a security interest in all of the issued and outstanding capital
stock of the Company (the "Pledged Securities") as security for the timely
payment and performance of all obligations of the Pledgor under the Notes
(collectively, the "Obligations").

         NOW, THEREFORE, in consideration of and in reliance upon the
representations, warranties, covenants and agreements contained herein, the
parties hereby agree as follows:

         1. Grant of Security Interest.

                  1.1 Grant. As security for the prompt, unconditional and
complete payment and performance, when due, whether at stated maturity, by
acceleration or otherwise, of each and every one of the Obligations, Pledgor
hereby pledges, hypothecates, assigns, charges, mortgages, delivers and
transfers to, and grants to the Secured Parties, in accordance with Section 1.2
hereof, a security interest in and a lien upon the Collateral (as defined
below), whether now existing or hereafter created or arising, now owned or
hereafter acquired, fixed or contingent, and wherever located. For purposes of
this Agreement, the term "Collateral" shall mean and include (i) the Pledged
Securities together with all cash dividends and other distributions, stock
dividends, interest, profits, redemption rights, warrants, subscription rights,
stock, securities, options, substitutions, exchanges and other distributions now
or hereafter paid, issued, delivered or distributed by the Company or which may
hereinafter be acquired by or delivered to the possession of Pledgor or the
Secured Parties with respect to the Collateral or otherwise but exclusive of any
Permitted Distributions (as defined in Section 3.2(a)(vi) hereof), (ii) the
Company's and Pledgor's records with respect to the foregoing, and (iii) all
proceeds of all the foregoing, regardless of form.

<PAGE>
                  1.2 Pledge Agent. In connection with the grant of a security
interest in the Collateral by Pledgor in Section 1.1 hereof, the certificates
(or other agreements or instruments) representing the Company Stock shall be
delivered by Pledgor to the Pledge Agent, duly endorsed in blank for transfer or
accompanied by an appropriate assignment or assignments or an appropriate
undated stock power or powers or any other documents, in every case sufficient
to transfer title thereto under applicable law. The Pledge Agent may, at any
time after the occurrence and during the continuation of a Default (as defined
in Section 8 hereof), cause to be transferred into the name of the Secured
Parties any and all of the Company Stock. The Pledge Agent shall at all times
have the right to exchange the certificates (or other agreements or instruments)
representing the Company Stock for certificates (or other agreements or
certificates) of smaller or larger denominations.

                  2. Representations and Warranties. Pledgor hereby represents
and warrants that:

                  2.1 Title; Other Liens. Pledgor is the legal and beneficial
owner of the Collateral free and clear of any lien, security interest, option,
pledge, or other charge or encumbrance created by it or any of its affiliates
(and no right or option created by Pledgor or any of its affiliates to acquire
the same exists in favor of any other person or entity), except for the security
interest created by this Pledge Agreement.

                  2.2 Organization. Pledgor is a corporation duly organized,
validly existing, and in good standing under the laws of the State of Delaware.

                  2.3 Approval, Corporate Authorization and Validity. Pledgor
has the power and authority to enter into and perform this Pledge Agreement and
to incur the obligations herein provided for, and has taken all actions
necessary to authorize the execution, delivery and performance of this Pledge
Agreement. This Pledge Agreement is the legal, valid and binding obligation of
Pledgor, enforceable against Pledgor in accordance with its terms, except as
such enforceability may be limited by bankruptcy, insolvency and other similar
laws affecting creditors' rights generally and to principles of equity affecting
the enforcement of contractual obligations generally. The making and performance
of this Pledge Agreement will not (immediately or with the passage of time, the
giving of notice, or both) (i) violate the certificate of incorporation or
by-laws of Pledgor or violate any laws or result in a default under any
contract, agreement, or instrument to which Pledgor is a party or by which
Pledgor or its property is bound, or (ii) result in the creation or imposition
of any security interest in, or lien, pledge, mortgage security interest or any
other encumbrance upon, any of the assets of the Pledgor, except in favor of the
Secured Parties. This Pledge Agreement, together with the documents delivered
pursuant hereto, is effective to create a valid and continuing first priority
security interest in the Collateral, securing the payment of the Obligations.

                                       2
<PAGE>

                  3. Covenants.

                  3.1 Maintenance of Security  Interests; Further Documentation.
Pledgor hereby covenants and agrees that while any of the Obligations are
outstanding it shall:

                  (a) maintain the security interests created by this Pledge
Agreement and shall defend such security interests against claims and demands of
all persons whomsoever and shall not encumber or grant any security interest or
with respect to the Collateral or permit any of the foregoing;

                  (b) at any time, upon the written request of a Secured Party
and at the sole expense of Pledgor, promptly and duly execute and deliver such
further instruments and documents and take such further action as a Secured
Party may reasonably request for the purpose of obtaining or preserving the full
benefits of this Pledge Agreement and of the rights and powers herein granted;

                  (c) except as expressly permitted by the Purchase Agreement,
pay promptly when due all taxes, liens, assessments and other charges against
the Collateral, except to the extent the validity thereof is being contested in
good faith;

                  (d) not issue any additional shares of the Company's capital
stock or any right to acquire any such stock or any securities convertible into
shares of the Company's capital stock;

                  (e) maintain the Company as a separate entity from Pledgor and
operate the Company's business as an independent business unit (including
maintenance of separate bank accounts, accounting and business records, licenses
and permits) and use commercially reasonable efforts to maintain, protect and
defend the assets of the Company from and against any loss, damage or diminution
in value; provided, that no action taken by Pledgor and permitted under Section
3.2 hereof shall be deemed a violation of this clause (e); and

                  (f) maintain and cause the Company to maintain the
confidentiality of all trade secrets and other confidential or proprietary
information or technology of the Company.

                  3.2 Future Indebtedness; Preservation of Collateral.

                  (a) Pledgor agrees that it shall not, while any Obligations
are outstanding, (i) incur, create or assume any indebtedness other than
Permitted Indebtedness (as defined in the Initial Notes), (ii) incur, create or
assume any indebtedness that is senior in priority to the indebtedness evidenced
by the Notes other than the Senior Indebtedness (as defined in the Initial
Notes), (iii) permit, authorize, approve or cause the Company to incur, create
or assume any indebtedness other than (A) any line of credit existing prior to
the consummation of the transactions contemplated by the Purchase Agreement and
any refinancing thereof, in amounts not to exceed the current maximum
availability thereunder, (B) as contemplated by clause (v) below or (C)
unsecured liabilities to trade creditors and other third parties incurred in the
ordinary course of the Company's business, (iv) pledge or grant a security
interest in or permit, authorize, approve or cause the Company to pledge or
grant a security interest in all or any portion of the Company's assets, other
than any pledge or grant that exists prior to the consummation of the
transactions contemplated by the Purchase Agreement or that results from any
refinancing thereof, (v) loan or make any advance of funds to the Company other
than loans or advances reasonably necessary to fund the operations of the
Company, (vi) permit, authorize, approve or cause the Company to make or commit
to any dividend, distribution or other payment to Pledgor or any direct or
indirect subsidiary of Pledgor (other than pursuant to contracts or agreements
permitted by clause (vii) below); provided, however, that so long as a Default
shall not have occurred and be continuing, the Company may periodically make

                                       3
<PAGE>

cash distributions to Pledgor (as sole shareholder of the Company) in an
aggregate amount not to exceed the Company's cash flow from operations
(calculated in accordance with generally accepted accounting principles,
consistently applied) for the period from the date of this Agreement through the
end of the fiscal quarter immediately preceding the date of such distribution
("Permitted Distributions"), (vii) permit, authorize, approve or cause the
Company to enter into any contract or agreement with Pledgor or any of its
direct or indirect subsidiaries or other affiliates other than contracts entered
into in the ordinary course of the Company's business, having terms no less
favorable than those generally available to third-parties in a negotiated
transaction, and providing for a termination right in favor of the Company in
the event that Pledgor no longer owns 100% of the outstanding capital stock of
the Company, (viii) permit, authorize, approve or cause the Company to enter
into any sale, transfer or hypothecation of any material portion of the
Company's assets other than transactions entered into in the ordinary course of
the Company's business, (ix) take any actions intended to or which could
reasonably be expected to prevent the Company from performing any material
obligation, or (x) permit, authorize, approve or cause the Company to enter into
any exclusive license agreement or similar arrangement with respect to all or
any portion of the Company's intellectual property assets.

                  (b) Without the prior written consent of the Secured Parties,
which shall not be unreasonably withheld, Pledgor shall not make an assignment,
grant a security interest or attempt any transfer of the Collateral or any
interest therein, and shall keep all of the Collateral free from all levies,
attachments, liens, charges and any other encumbrances created by it. Pledgor
promptly shall give written notice to the Secured Parties of any levy,
attachment, lien, charge or any other encumbrance against or upon Collateral
that shall not be discharged, released or satisfied within ten (10) days.

                  4. Collection of Dividends and Distributions. During the term
of this Pledge Agreement, and so long as there shall not occur or exist any
Default, Pledgor shall have the right to receive and retain any and all
dividends or other distributions payable by the Company on account of any of the
Company Stock, other than stock dividends or distributions of capital stock of
the Company in connection with any reclassification, increase or reduction of
capital, or issued in connection any reorganization of the Company, which shall
be delivered by the Pledgor to the Pledge Agent in the form received duly
endorsed in blank for transfer or accompanied by an appropriate assignment or
assignments or an appropriate undated stock power or powers or any other
documents, in every case sufficient to transfer title thereto under applicable
law, to be held by the Pledge Agent on behalf of and for the benefit of the
Secured Parties, as additional security for the Obligations. Upon the occurrence
and during the continuation of any Default, all dividends or other distributions
payable by the Company on account of any of the Company Stock shall be paid to
the Secured Parties and any such sum receive by Pledgor shall be deemed to be
held by Pledgor in trust for the benefit of the Secured Parties and shall be
forthwith turned over to the Secured Parties for application by the Secured
Parties to the Obligations in such order as the Secured Parties may elect.

                                       4
<PAGE>

                  5. Voting Rights. Unless a Default shall have occurred and be
continuing, the Pledgor shall be entitled to vote the Company Stock and to give
consents, waivers and ratifications in respect of the Company Stock; provided,
however, that the Secured Party shall receive copies of all notices of meetings
of the Board of Directors or shareholders of the Company and any minutes,
written consents or other such documentation of any corporate actions taken by
the Company. Upon the occurrence and continuation of a Default, the Secured
Party shall have the right, exercisable by delivery of written notice thereof to
the Company and the Escrow Agent, to vote the Company Stock or to instruct the
Escrow Agent to vote the Company Stock in accordance with the written
instructions of the Secured Party and Pledgor agrees to cause the Company to
honor and respect the exercise of such voting rights by the Secured Party.
Absent written notice of an election to exercise voting rights while a Default
is continuing, the voting rights shall remain in Pledgor.

                  6. Disposition of Collateral by Pledge Agent. (a) The Pledge
Agent shall hold the Collateral until the earlier to occur of the following:

                           (i) the Pledge Agent shall have received joint
written instructions from Pledgor and the Secured Parties directing the Pledge
Agent to deliver the Collateral, in which event the Pledge Agent shall deliver
the Collateral in accordance with such joint written instructions;

                           (ii) the Pledge Agent shall have received a
certificate from the Secured Parties certifying that a Default has occurred, in
which event the Pledge Agent shall deliver the Collateral to the Secured Parties
on the fifth (5th) day after receiving such certificates; or

                           (iii) the Pledge Agent shall have received a
certificate from Pledgor certifying that the Pledgor has made all the payments
required under the Notes and all other Obligations have otherwise been satisfied
in full, together with either copies of the Notes marked "Paid in Full" or other
written acknowledgement from the Secured Parties that the Notes have been paid
in full, in which case the Pledge Agent shall deliver the Collateral to the
Pledgor on the fifth (5th) day after receiving such certificate.

                  (b) Upon receipt of a certificate referred to in Section
6(a)(ii) or (iii) above, the Pledge Agent promptly shall mail a copy of such
certificate to the Secured Parties or the Pledgor, respectively, by registered
mail, return receipt requested.

                  (c) Upon delivery of the Collateral by the Pledge Agent
pursuant to Section 6(a) above, the Pledge Agent shall have no further
obligations hereunder.

                  7. Pledge Agent's Obligations. (a) The sole obligation of the
Pledge Agent hereunder shall be to hold and disburse the Collateral in
accordance with the terms of this Pledge Agreement. This Pledge Agreement
expressly sets forth all the duties of the Pledge Agent with respect to any and
all matters pertinent hereto. No implied duties or other obligations shall be
read into this Pledge Agreement against the Pledge Agent. The Pledge Agent shall
not be bound by the provisions of any agreement among the other parties hereto
except this Agreement.

                                       5
<PAGE>

                  (b) The Pledge Agent shall not be under any duty to give the
Collateral held by it hereunder any greater degree of care than it gives its own
similar property and shall not be required to invest any funds held hereunder
except as directed in joint written instructions from the Pledgor and the
Secured Parties.

                  (c) The Pledge Agent shall not be liable, except for its own
gross negligence or willful misconduct and, except with respect to claims based
upon such gross negligence or willful misconduct that are successfully asserted
against the Pledge Agent, Pledgor and the Secured Parties shall jointly and
severally indemnify and hold harmless the Pledge Agent from and against any and
all losses, liabilities, claims, actions, damages and expenses, including
reasonable attorneys' fees and disbursements, arising out of and in connection
with this Pledge Agreement. Without limiting the foregoing, the Pledge Agent
shall in no event be liable in connection with its investment or reinvestment of
any funds received by it in respect of the Collateral and held by it hereunder,
in good faith and in accordance with joint written instructions from Pledgor and
the Secured Parties, including, without limitation, any liability for any delays
(not resulting from its gross negligence or willful misconduct) in the
investment or reinvestment of such funds, or any loss of interest incident to
any such delays.

                  (d) The Pledge Agent shall be entitled to rely upon any
certification, demand, notice, instrument or other writing delivered to it
hereunder without being required to determine the authenticity or the
correctness of any fact stated therein or the propriety or validity or the
service thereof. The Pledge Agent may act in reliance upon any instrument or
signature believed by it to be genuine and may assume that any person purporting
to give notice or receipt or execute any document in connection with the
provisions hereof has been duly authorized to do so.

                  (e) The Pledge Agent may act pursuant to the advice of counsel
with respect to any matter relating to this Pledge Agreement and shall not be
liable for any action taken or omitted in accordance with such advice.

                  (f) The Pledge Agent makes no representations as to the
validity, value, genuineness or the collectibility of any security or other
document or instrument held by or delivered to it.

                  (g) The Pledge Agent may at any time resign as agent of the
Secured Parties by delivering written notice of its intention to do so the
Pledgor and the Secured Parties and delivering the Collateral to a new Pledge
Agent, reasonably satisfactory to the Pledgor, designated by the Secured Parties
in writing to the Pledge Agent and the Pledgor, to be held by such new Pledge
Agent in pledge pursuant to the terms hereof, whereupon the Pledge Agent shall
be discharged of and from any and all further obligations arising in connection
with this Pledge Agreement.

                  (h) In the event any suit, action or proceeding is instituted
in connection with the Collateral, the Pledge Agent shall be entitled to retain
the Collateral until the Pledge Agent shall have received a final nonappealable
order of a court of competent jurisdiction directing delivery of the Collateral
in which event the Pledge Agent shall disburse the Collateral in accordance with
such order. Any such court order shall be accompanied by a legal opinion of
counsel for the presenting party, reasonably satisfactory to the Pledge Agent,
to the effect that said order is final and nonappealable. The Pledge Agent shall
act on such court order and legal opinions without further question and
notwithstanding the provisions of Section 6 hereof.

                                       6
<PAGE>

                  (i) The Secured Parties agree to reimburse the Pledge Agent
for all reasonable expenses, disbursements and advances incurred or made by the
Pledge Agent in performance of its duties hereunder (including reasonable fees,
expenses and disbursements of its counsel).

                  8. Default. A "Default" shall exist hereunder if (i) an "Event
of Default" shall occur under the Notes (as set forth therein) or (ii) there
shall be a material breach of any provision of this Pledge Agreement, which, to
the extent curable, shall not be cured within thirty (30) days from Pledgor's
receipt of written notice of such breach.

                  9. Rights Following Default.

                  (a) Upon and following a Default, the Secured Parties shall
have all rights and remedies with respect to the Collateral afforded by the
Uniform Commercial Code, as from time to time in effect in the State of New York
(the "Code"), to a secured creditor having a security interest in property to
which Article 9 thereof applies. Without limiting the generality of the
foregoing, the Secured Parties, without demand of performance or other demand,
presentment, protest, advertisement or notice of any kind (except any notice
required by law referred to below) to or upon Pledgor or any other person or
entity (all and each of which demands, defenses, advertisements and notices are
hereby waived), may in such circumstances forthwith collect, receive,
appropriate and realize upon the Collateral, or any part thereof, and/or may
forthwith sell, assign, give option or options to purchase or otherwise dispose
of and deliver the Collateral or any part thereof (or contract to do any of the
foregoing), in one or more parcels at public or private sale or sales, upon such
terms and conditions as it may deem advisable and at such prices as they may
deem best, for cash or on credit or for future delivery without assumption of
any credit risk. Pledgor acknowledges that private sales may be made at prices
and other terms less favorable to the seller than if such Collateral were sold
at public sale, and that the Secured Party has no obligation to delay the sale
of any such Collateral for the period of time necessary to permit the Company or
Pledgor to register the Collateral for public sale under applicable securities
laws. Pledgor agrees that any private sales made under the foregoing
circumstances shall not be deemed to have been in a commercially unreasonable
manner for the sole reason that it is a private sale. The Secured Parties shall
have the right upon any such public sale or sales, and, to the extent permitted
by law, upon any such private sale or sales, to purchase the whole or any part
of the Collateral so sold. The Secured Parties shall apply any proceeds from
time to time held by either of them and the net proceeds of any such collection,
recovery, receipt, appropriation, realization or sale, after deducting all
reasonable costs and expenses of every kind incurred in respect thereof or
incidental to the care or safekeeping of any of the Collateral or in any way
relating to the Collateral or the rights of the Secured Parties, including,
without limitation, reasonable attorneys' fees and disbursements of counsel to
the Secured Parties, to the payment in whole or in part of the Obligations, in
such order as the Secured Parties may elect. Only after such application and
after the payment by Secured Parties of any other amount required by any
provision of law, need the Secured Parties account for the surplus, if any, to
Pledgor. If any notice of a proposed sale or other disposition of Collateral
shall be required by law, such notice shall be deemed reasonable and proper if
given at least ten (10) days before such sale or other disposition. Pledgor
shall remain liable for any deficiency if the proceeds of any sale or other
disposition of the Collateral are insufficient to pay the Obligations and the
fees and disbursements of any attorneys employed by the Secured Parties to
collect such deficiency.

                                       7
<PAGE>

                  (b) Following a Default, Pledgor will, upon receipt of any
proceeds, dividends, stock certificate or other sums arising from any sale or
other disposition of the Collateral or any instrument evidencing an obligation
to pay such sums, hold same in trust for the Secured Parties in the form
received, and will forthwith, without notice or demand, endorse, transfer and
deliver same to the Secured Parties.

                  10. Remedies Cumulative and Not Waivable. The rights and
remedies of the Secured Parties herein expressly specified are cumulative and
not exclusive of other contractual, common law or statutory rights and remedies
that the Secured Parties may have. The Secured Parties shall be under no duty to
exercise or withhold the exercise of any of their rights and remedies provided
hereunder or otherwise. No omission or delay by the Secured Parties in
exercising any such right or remedy fully shall operate as a waiver, or a
partial waiver, of any such right or remedy; nor shall any single or partial
exercise of any such right or remedy preclude other or further exercise thereof
or the exercise of any other right or remedy.

                  11. Expenses of Secured Party and Indemnification. Pledgor
shall pay or reimburse to a Secured Party, upon demand, any and all costs of a
Secured Party (including all reasonable attorneys' fees and disbursements)
incident to the establishment, defense, exercise or enforcement of its rights
under this Pledge Agreement or the defense of any action arising in connection
with this Pledge Agreement, including, without limitation, all costs incurred by
a Secured Party under, or in exercising rights under, this Pledge Agreement.
Except as otherwise provided herein expressly, Pledgor hereby agrees to
indemnify and hold harmless the Secured Parties, absent gross negligence or
willful misconduct on the part of any Secured Party, from and against all
claims, losses, judgments and liabilities arising in connection with the
Collateral, this Pledge Agreement or exercise of any right or remedy of the
Secured Parties.

                  12. Termination. Notwithstanding anything to the contrary
contained herein, this Pledge Agreement shall terminate, at such time as Pledgor
shall have irrevocably paid to the Secured Parties (in immediately available
funds) all amounts due with respect to the Obligations.

                  13. Notices. Any notice, demand, request or process in
connection herewith shall be effective if sent according to the procedures set
forth in the Purchase Agreement.

                  14. Waiver of Presentment, etc. Pledgor hereby waives
presentment, notice of dishonor and protest of any instruments included in or
evidencing Obligations and all other notices and demands not expressly required
by this Pledge Agreement.

                  15. Governing Law; Terms. THIS PLEDGE AGREEMENT AND THE RIGHTS
AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND SHALL BE
CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK,
EXCEPT TO THE EXTENT THAT THE CODE PROVIDES THAT THE PERFECTION OF THE SECURITY
INTEREST HEREUNDER, OR REMEDIES HEREUNDER, IN RESPECT OF ANY PARTICULAR PLEDGED
COLLATERAL ARE GOVERNED BY THE LAWS OF A JURISDICTION OTHER THAN THE STATE OF
NEW YORK.

                                       8
<PAGE>

                  16. Consent to Jurisdiction and Service of Process. ALL
JUDICIAL PROCEEDINGS BROUGHT AGAINST PLEDGOR ARISING OUT OF OR RELATING TO THIS
PLEDGE AGREEMENT, OR ANY OBLIGATIONS HEREUNDER, MAY BE BROUGHT IN ANY STATE OR
FEDERAL COURT OF COMPETENT JURISDICTION IN THE STATE, COUNTY AND CITY OF NEW
YORK. BY EXECUTING AND DELIVERING THIS PLEDGE AGREEMENT, PLEDGOR, FOR ITSELF AND
IN CONNECTION WITH ITS PROPERTIES, IRREVOCABLY:

                  (I) ACCEPTS GENERALLY AND UNCONDITIONALLY THE NONEXCLUSIVE
JURISDICTION AND VENUE OF SUCH
COURTS;

                  (II) WAIVES ANY DEFENSE OF FORUM NON CONVENIENS;

                  (III) AGREES THAT SERVICE OF ALL PROCESS IN ANY SUCH
PROCEEDING IN ANY SUCH COURT MAY BE MADE BY REGISTERED OR CERTIFIED MAIL, RETURN
RECEIPT REQUESTED, TO PLEDGOR AT ITS ADDRESS PROVIDED IN ACCORDANCE WITH SECTION
13 HEREOF;

                  (IV) AGREES THAT SERVICE AS PROVIDED IN CLAUSE (III) ABOVE IS
SUFFICIENT TO CONFER PERSONAL JURISDICTION OVER PLEDGOR IN ANY SUCH PROCEEDING
IN ANY SUCH COURT, AND OTHERWISE CONSTITUTES EFFECTIVE AND BINDING SERVICE IN
EVERY RESPECT; AND

                  (V) AGREES THAT SECURED PARTY RETAINS THE RIGHT TO SERVE
PROCESS IN ANY OTHER MANNER PERMITTED BY LAW OR TO BRING PROCEEDINGS AGAINST
PLEDGOR IN THE COURTS OF ANY OTHER JURISDICTION.

                  17. Other Provisions. This Pledge Agreement constitutes the
entire agreement of the parties with respect to the subject matter hereof. No
provision hereof may be modified without the written consent of the party
against whom enforcement may be sought. Neither the Secured Parties nor any of
their attorneys or agents shall be liable to Pledgor for any loss or damage
caused by any act or omission on the part of any of them unless such loss or
damage shall have been caused by the gross negligence or willful misconduct of
such person. Neither this Pledge Agreement nor any rights, interests or
obligations hereunder may be assigned or delegated by Pledgor or the Secured
Parties without the prior written consent of the other. This Pledge Agreement
shall be binding upon the successors and permitted assigns of Pledgor and shall
inure to the benefit of the successors and permitted assigns of the Secured
Parties. In the event any one or more of the provisions contained in this Pledge
Agreement should be invalid, illegal or unenforceable in any respect, the
validity, legality and enforceability of the remaining provisions contained
shall not be affected or impaired in any way. Section headings used herein are
for convenience only and shall not affect the construction of this Pledge
Agreement.

                  [Remainder of page intentionally left blank]

                                       9
<PAGE>

                  IN WITNESS WHEREOF, the parties hereto have executed this
Pledge and Security Agreement as of the date first written above.

                                      PLEDGOR:

                                      ACCESS INTEGRATED TECHNOLOGIES, INC.

                                      By: ___________________________________
                                          A. Dale Mayo
                                          President and Chief Executive Officer

                                      SECURED PARTIES:

                                      _______________________________________
                                      David Gajda

                                      _______________________________________
                                      Robert Jackovich

COMPANY:

HOLLYWOOD SOFTWARE, INC.                PLEDGE AGENT:
(solely with respect to Sections 3
through 5 of this Agreement)

By:______________________________       By:____________________________________
Name:                                   Name:
Title:                                  Title:

                                       10

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00054-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00054-of-00352.parquet"}]]