Document:

Exhibit
10.1

 

Consulting
Agreement

 

This
consulting agreement (the “Agreement”), entered into on December 9, 2016 and effective immediately, Content
Checked Holding Inc. a Wyoming corporation (together with any successor thereto, the “Company”), and John Ballard,
an independent provider of services (the “Contractor”).

 

RECITALS

 

A.       The
Company desires to assure itself of the services of the Contractor, as an independent contractor, by engaging the Contractor to
perform services under the terms hereof.

 

B.       The
Contractor desires to provide services to the Company, as an independent contractor, on the terms herein provided.

 

C.       The
Company and Contractor have agreed that this Agreement shall replace in the entirety any and all prior written and verbal contractual
agreements between the Company and the Contractor.

 

AGREEMENT

 

NOW,
THEREFORE, in consideration of the foregoing and of the respective covenants and agreements set forth below the parties hereto
agree as follows:

 

1.       Certain
Definitions.

 

	 	(a)	“Stock Award” shall have the meaning set forth in Section 3.
	 	 	 
	 	(b)	“Company” shall, except as otherwise provided in Section 5(b), have the meaning set forth in the preamble hereto.
	 	 	 
	 	(c)	“Contractor” shall have the meaning set forth in the preamble hereto.
	 	 	 
	 	(d)	“Effective Date” shall mean December 9, 2016.
	 	 	 
	 	(e)	“Term” shall have the meaning set forth in Section 2(b).

 

2.       Consulting.

 

(a)       In
General. The Company shall engage the Contractor and the Contractor shall perform services on behalf of the Company upon the
other terms and conditions herein provided.

 

(b)       Term
of Agreement. The term under this Agreement shall be for the period of 24 months beginning on the Effective Date and ending
on December 9, 2016 (“Term”). At the expiration of the Term, the agreement shall automatically terminate. The
agreement can be terminated by either party, with or without cause, on a 30 days’ notice to the other.

 

(c)       Position
and Duties. During the Term, the Contractor shall provide services as Chief Financial Officer of the company. The Contractor
will report directly to the Chief Executive Officer and the Board and agrees to observe and comply with the Company’s rules
and policies as adopted by the Company from time to time.

 

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3.       Compensation
and Related Matters.

 

(a)       Cash.The
Contractor will receive cash consideration of $5,500/month for services provided beginning December 9, 2016.

 

(b)       Stock
Awards. The Contractor will also be compensated with 300,000 restricted common shares in a lump sum within thirty days from
the beginning of this contract for contractor’s term provided in Section 2(b) as specifically defined in 2(c) of the agreement.

 

4.       Duties
and Responsibilities (including but not limited to)

 

(a)       Responsibility
for the Company’s Reporting,

 

(b)       Responsible
for Internal controls and overseeing financial operations,

 

(c)       Analyze
financial data and make recommendations to the Board.

 

(d)       Communicate
with Investors and perform investor presentations.

 

5.       Restrictive
Covenants.

 

(a)       Confidentiality.
The Contractor agrees that he will not, during the Term or thereafter, divulge to anyone (other than the Company or any persons
designated by the Company) any knowledge or information of any type whatsoever of a confidential nature relating to the business
of the Company, including, without limitation, all types of trade secrets, business strategies, marketing, sales and distribution
plans. The Contractor further agrees that he will not disclose, publish or make use of any such knowledge or information of a
confidential nature (other than in the performance of the Contractor’s duties hereunder) without the prior written consent
of the Company. This provision does not apply to information which becomes available publicly without the fault of the Contractor
or information which the Contractor is required to disclose in legal proceedings, provided the Contractor gives advance notice
to the Board and an opportunity to for the Company to resist such disclosure.

 

(b)       Interpretation.
In the event the terms of this Section 6 shall be determined by any court of competent jurisdiction to be unenforceable by reason
of its extending for too great a period of time or over too great a geographical area or by reason of its being too extensive
in any other respect, it will be interpreted to extend only over the maximum period of time for which it may be enforceable, over
the maximum geographical area as to which it may be enforceable, or to the maximum extent in all other respects as to which it
may be enforceable, all as determined by such court in such action. As used in this Section 6, the term “Company”
shall include the Company, its parent, related entities, and any of its direct or indirect subsidiaries or affiliates.

 

	6.	Representations
                                         and Warranties of Contractor. The Contractor represents and warrants that the
                                         Contractor is not a party to any other Consulting agreement, noncompetition agreement
                                         or other agreement which restriction could interfere with the Contractor’s Consulting
                                         with the Company or the Company’s rights and the Contractor’s obligations
                                         hereunder and that the Contractor’s acceptance of Consulting with the Company and
                                         the performance of the Contractor’s duties hereunder will not breach the provisions
                                         of any contract, agreement or understanding to which the Contractor is party or any duty
                                         owed by the Contractor to any other person or entity.

 

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	7.	Information
                                         of Others. The Contractor agrees that Contractor will not, during his Consulting
                                         or service with the Company, use or disclose any confidential or proprietary information
                                         or trade secrets of any former or concurrent engager or other person or entity and that
                                         Contractor will not bring onto the premises of the Company any unpublished document or
                                         other confidential or proprietary information belonging to any such engager, person or
                                         entity unless consented to in writing by such engager, person or entity.
	 	 
	8.	Injunctive
                                         Relief. The Contractor recognizes and acknowledges that a breach of the covenants
                                         contained in Section 5 will cause irreparable damage to Company and its goodwill, the
                                         exact amount of which will be difficult or impossible to ascertain, and that the remedies
                                         at law for any such breach will be inadequate. Accordingly, the Contractor agrees that
                                         in the event of a breach of any of the covenants contained in Section 5, in addition
                                         to any other remedy which may be available at law or in equity, the Company will be entitled
                                         to specific performance and injunctive relief.
	 	 
	9.	Governing
                                         Law. This Agreement shall be governed, construed, interpreted and enforced in
                                         accordance with the substantive laws of the State of Colorado, without reference to the
                                         principles of conflicts of law of the State of Colorado or any other jurisdiction, and
                                         where applicable, the laws of the United States. Venue is established in California and
                                         both parties hereto irrevocable submit themselves to venue therein.
	 	 
	10.	Dispute
                                         Resolution. Any controversy or claim arising out of or relating to this Agreement
                                         shall be resolved by mediation before a panel of one mediator. Any court with jurisdiction
                                         shall enforce this clause and enter judgment on any award. The mediation shall be selected
                                         within twenty business days from commencement of the mediation. Within 45 days of initiation
                                         of mediation, the parties shall reach agreement upon and thereafter follow procedures,
                                         including limits on discovery, assuring that the mediation will be concluded and the
                                         award rendered within no more than eight months from selection of the mediator. The mediation
                                         shall be held in Colorado and the mediators shall apply the substantive law of Colorado.
                                         Prior to commencement of mediation, emergency relief is available from any court to avoid
                                         irreparable harm. The mediator shall not award either party punitive, exemplary, multiplied
                                         or consequential damages, or attorneys’ fees or costs.

 

Notwithstanding
the foregoing, the parties acknowledge and agree that the other party would be irreparably harmed if any of the provisions of
this Agreement are not performed in accordance with their specific terms and that any breach of this Agreement could not be adequately
compensated in all cases by monetary damages alone. Accordingly, in addition to any other right or remedy to which such parties
may be entitled at law or in equity, they shall be entitled to enforce any provision of this Agreement by a decree of specific
performance and to temporary preliminary and permanent injunctive relief in any court of competent jurisdiction to prevent breaches
or threatened breaches of any of the provisions of this Agreement.

 

	11.	Counterparts.
                                         This Agreement may be executed in several counterparts, each of which shall be deemed
                                         to be an original, but all of which together will constitute one and the same Agreement.
	 	 
	12.	Entire
                                         Agreement. The terms of this Agreement are intended by the parties to be the
                                         final expression of their agreement with respect to the Consulting of the Contractor
                                         by the Company and may not be contradicted by evidence of any prior or contemporaneous
                                         agreement. This Agreement (together with any other agreements and instruments contemplated
                                         hereby or referred to herein) shall supersede all undertakings or agreements, whether
                                         written or oral, previously entered into by the Contractor and the Company or any predecessor
                                         thereto or affiliate thereof with respect to the Consulting of the Contractor by the
                                         Company. The parties further intend that this Agreement shall constitute the complete
                                         and exclusive statement of its terms and that no extrinsic evidence whatsoever may be
                                         introduced in any judicial, administrative, or other legal proceeding to vary the terms
                                         of this Agreement.
	 	 
	13.	Modification.
                                         No change, modification, addition, or amendment to this Agreement shall be valid unless
                                         in writing and signed by all parties hereto.

 

[Signature
Page Follows]

 

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IN
WITNESS WHEREOF, the parties have executed this Agreement on the date and year first above written.

 

	 	Content
    Checked Holding, Inc. 
	 	 	 
	 	 	/s/
    Kris Finstad
	 	By:	Kris
    Finstad
	 	Title:	Chief
    Executive Officer
	 	 	 
	 	CONTRACTOR:
	 	 	 
	 	 	/s/
    John Ballard
	 	By:	John
    Ballard

 

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EXHIBIT 10.1
 
COLLABORATION AGREEMENT
 
“Love Is Not Easy”
 
This collaboration agreement (the “Agreement”) is entered as of December 12, 2016, by and between Saisam Entertainment, LLC (“SAE”), on the one hand, and Almost Never Films, Inc. (“ANF”), on the other hand, with respect to the proposed motion picture project currently entitled “Love Is Not Easy” (the “Picture”). For convenience, SAE and ANF may each be referred to individually as a “Party” or collectively as the “Parties.” This Agreement is entered into with reference to the following:
 
WHEREAS, SAE owns and controls the rights to the screenplay for the Picture (the “Screenplay”).
 
WHEREAS, ANF wishes to collaborate with SAE in connection with the development, financing, production and exploitation of the Picture pursuant to the terms set forth below.
 
THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows:
 
		1.	Formation of Company: The Parties intend to create a single purpose LLC or other entity for the purpose of developing, producing and exploiting the Picture (the “Company”). SAE will contribute its development and producing services to the Company, will assign all rights in and to the Screenplay to the Company (pursuant to the terms of an option purchase agreement between SAE and ANF, which shall contain, amongst other terms, an initial option fee of Ten Thousand Dollars ($10,000) for an option period of eighteen (18) months, and a lien for all of ANF’s out of pocket costs in the event of a reversion), and shall assist in the raising of additional financing. Upon the expiration of the 18 months both parties will negotiate in good faith for an extension of the property. ANF shall assign all rights acquired pursuant to the option purchase agreement to Company upon commencement of pre-production. ANF will make or source financial contributions in accordance with the terms of this Agreement, assist in the raising of additional financing (if required) and participate in the development and production process as set forth more fully herein. The Company will own 100% of the copyright to the Picture and all other ancillary and related rights, and each of SAE and ANF will own an undivided 50% interest in the Company. ANF will be the managing member of the Company. The operating agreement for the Company will be negotiated in good faith by the Parties, but in any event shall be consistent with the terms of this Agreement.

     
		2.	SAE Obligations: Following formation of the Company, SAE will develop the Picture for possible production. In this regard, SAE will perform all reasonable and customary development services rendered by producers of first-class motion picture productions. In addition, upon completion of the foregoing development activities, SAE, in consultation with ANF, will use good faith reasonable efforts to secure additional financing for the Picture (if required).
		  
	 

		3.	ANF Obligations:

 
	 
	a.	The parties intend to produce with Picture for an approved budget of approximately Two Million Dollars ($2,000,000), which the parties intend to fund via the Investment (as defined below), with the difference covered by production tax incentives paid via a state or country in which the Picture is produced (with the understanding that Company may secure a loan against an estimate of such tax credit proceeds). Upon satisfaction of the Funding Conditions (as defined below), ANF will use good faith reasonable efforts to provide or source equity financing for the Picture in the amount of approximately $1,300,000 (the “Investment”). The Investment will be held in the designated Company bank account until such time as the Parties have obtained a completion bond for the Picture (if Company elects to have the Picture bonded) and secured agreed-upon financing to cover anticipated tax credits or incentives, in accordance with the approved finance plan. In this regard, ANF and SAE will mutually approve a budget, finance plan and cash flow for the Picture.

 
	 
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	b.	The funding of the Investment shall be subject to the satisfaction of the following:

 
	 
	i.	Mutual approval of the budget for the Picture;
	 
	 
	 

	 
	ii.	Mutual approval of the finance plan for the Picture;

 
	 
	c.	ANF or financing sources secured by ANF may elect to allow for the use of funds, pursuant to a mutually approved draw down schedule, from the Investment prior to the entire amount of the Investment being secured, if they so elect in their sole discretion, In the event the equity investors (including ANF) in the Picture do not permit funds to be drawn down prior to the entire amount of the Investment being secured, then ANF will provide sufficient funding to cover certain mutually- approved development expenses (e.g., engaging a casting director, location scout, line producer, etc.) (the “Development Advance”), which Development Advance will be repaid to ANF (plus a return thereon at an annualized rate of 20%) as a budgeted production cost on the first day of principal photography of the Picture. The budget of the Picture will be increased (i.e., “grossed-up”) to cover the amount of the Development Advance and the premium return thereon.

 
		4.	Financing Terms: In consideration of ANF (or its source) actually providing the Investment, the following terms and conditions will apply:

 
	 
	a.	ANF (and/or its source, as applicable) will receive a “Preferred Return” of 120% of the Investment or portion thereof (i.e., the amount of the Investment plus an additional return of 20% thereon). ANF (and/or its source) will recoup the Preferred Return immediately after the deduction from gross receipts of the following: distribution and sales fees and expenses, collection account fees (if any), union residuals (or a reserve established for the payment of union residuals), repayment of debt (if any). After ANF and any applicable sources have received the Preferred Return in full, the remaining gross receipts after the deduction of the other ongoing expenses set forth above shall be deemed “Net Profits”, and shall be payable to any approved deferments and thereafter to Net Profits participants.
	 
	 
	 

	 
	b.	All Net Profits derived from the Picture and all rights therein and by-products thereof shall be allocated Fifty Percent (50%) equity investors in the Picture (the “Investors’ Share”), based on the proportion such investor’s contribution bears to the entire amount financed (i.e., the total equity invested in the Picture). By way of illustration only, if a third party investor contributes $500,000 of a total equity raise of $1,000,000, then such investor will be entitled to receive 50% of the Investor’s Share (i.e., 25% of 100% of all Net Profits) The remaining Fifty Percent (50%) of Net Profits shall be allocated to the “Producer’s Pool”, provided that all third party participations shall be allocated and payable from the Producer’s Pool (i.e., any percentage thereof granted to actors, crew, etc.).
	 
	 
	 

	 
	c.	ANF may, in its sole and absolute discretion, make an equity investment for the production of the Picture to cover all or a portion of the Investment. If ANF elects to make such an investment, then ANF will enter into a separate agreement therefor with the Company, on terms to be negotiated in good faith, but consistent with the finance plan and the terms contained in this document, and in any event, on a favored nations basis with all other equity investors.

   	 
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		5.	Production Terms: If the Picture is produced, the following terms and conditions will apply:

 
	 
	a.	Producer Engagement: Brian Hooks, Danny Chan and Frank Gillen will be engaged as the lead producers of the Picture on terms to be negotiated in good faith.
	 
	  
	  

	 
	b.	Director Engagement: Brian Hooks will be engaged as the writer and director of the Picture on terms to be negotiated in good faith.
	 
	  
	  

	 
	c.	Other Services: If any Party is engaged to perform services on the Picture other than producing or executive producing services (e.g., writing, directing, line producing, etc.), such services will be the subject of a separate agreement to be negotiated in good faith and the Party performing such services will be entitled to retain all forms of compensation for such services as his/its sole and exclusive property.
	 
	  
	  

	 
	d.	Consultations and Approvals: SAE will fully and meaningfully consult with ANF regarding the key creative and all business matters regarding the Picture. ANF will fully and meaningfully consult with SAE regarding the key creative and all business matters regarding the Picture. As between SAE and ANF, SAE will have final decision-making authority on all creative matters (subject to ANF’s approval rights set forth in paragraph 3.d. above) and the Parties will approve all business matters in accordance with the Company operating agreement; provided, SAE will not be required to obtain ANF’s approval over individual expenditures within the budget once the budget, cash flow and finance plan have been agreed upon. The Parties will use their respective consultation and approval rights reasonably and in good faith, and will not use such rights to renegotiate this Agreement, or to otherwise interfere with or prevent the development, finance, production, distribution, exploitation and exhibition of the Picture.
	 
	  
	  

	 
	e.	Books and Records: The Parties will have access to all books and records of the Company and the Picture for the purpose of performing quarterly reviews and annual audits.
	 
	  
	 

	 
	f.	Credits: Brian Hooks, Danny Chan and Frank Gillen will be accorded “Producer” credit on the Picture in first position among all producer credits on a separate card in the main titles thereof, in paid ads (subject to customary exclusions), and anywhere the so-called billing block appears. Subject to applicable WGA and DGA requirements, Brian Hooks will be accorded “Written By” credit (on a shared card) and Brian Hooks shall be accorded “Directed By” credit on the Picture (on a separate card) in the main titles thereof, in paid ads (subject to customary exclusions), and anywhere the billing block appears. SAE and ANF will each be accorded production company and logo credit equally), above the title of the Picture, on screen and in paid ads, and anywhere the billing block appears. Logo credits may be animated on screen, and shall appear as “bug” logo credits in the billing block. All other aspects of the foregoing credits will be determined by Company in its sole discretion.

   
	 
	g.	Other Terms: This Agreement is deemed to include such other reasonable and customary terms as are included in agreements of this type, including without limitation subsequent productions, reciprocal representations, warranties and indemnities, prohibition on injunctive or equitable relief, notice and cure for alleged breaches, insurance coverage, travel, amenities (e.g., premieres and festivals, DVD copies, etc.), subject to good faith negotiation. In this regard, it is anticipated that the Parties will execute a more formal agreement adopting the terms of this Agreement and incorporating such other terms as the Parties may agree upon following good faith negotiations. Until such time as the Parties enter into a more formal agreement, this Agreement constitutes the entire understanding of the Parties with respect to the subject matter hereof, supersedes all prior agreements and understanding, whether written or oral, with respect to the subject matter hereof, and cannot be modified except by written agreement of the Parties.

   	 
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This Agreement may be executed in counterparts and/or by facsimile or email transmission and such counterparts and electronic signatures will be binding as originals for all purposes.
 
ACCEPTED AND AGREED AS OF DECEMBER12, 2016:
 
	SAISAM ENTERTAINMENT, LLC
		ALMOST NEVER FILMS, INC.
	
	 
	   
		  
	 
	
		/s/ Brian Hooks
		 
	/s/ Danny Chan
	
	By:	Brian Hooks
		By:
	Danny Chan
	
	Its: 
	Managing Member
		Its: 
	Chief Executive Officer
	

 
 
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