Document:

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          CONFIDENTIAL TREATMENT REQUESTED BY CARMIKE CINEMAS, INC. OF
             CERTAIN PORTIONS OF THIS AGREEMENT IN ACCORDANCE WITH
              RULE 24B-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934

                                                                   EXHIBIT 10.30

                            MASTER LICENSE AGREEMENT

      THIS MASTER LICENSE AGREEMENT (this "AGREEMENT"), including all Schedules
and Exhibits attached hereto, is made and entered into as of the ___ day of
December, 2005 by and between CHRISTIE/AIX, INC., a Delaware corporation
("LICENSOR"), and CARMIKE CINEMAS, INC a Delaware corporation ("LICENSEE").

      WHEREAS, Licensor has the right to install and license the use of certain
Equipment (as defined below); and

      WHEREAS Licensee desires to obtain from Licensor, and Licensor is willing
to grant to Licensee, a license to use the Equipment on the terms and conditions
set forth in this Agreement, including all Schedules and Exhibits attached
hereto.

      NOW, THEREFORE, in consideration of the mutual covenants and agreements
contained herein, and for other good and valuable consideration, the receipt and
adequacy of which are hereby acknowledged, the parties hereby agree as follow:

      1. DEFINITIONS. As used in this Agreement, the following terms have the
meanings set forth below.

            "ADM" means Access Digital Media, Inc., a Delaware corporation.

            "AFFILIATE" means, with respect to a party, any corporation, limited
liability company, partnership or other entity which controls, is controlled by
or is under common control with such party, where such control is by ownership
of more than fifty percent (50%) of the outstanding voting securities or other
voting interests.

            "AGREEMENT" has the meaning specified in the preamble.

            "APPLICABLE COMMENCEMENT DATE" means, as to the Equipment designated
on any Equipment Schedule, the date on which the License Term for such Equipment
commences, as specified in the applicable Certificate of Acceptance.

            "APPLICABLE TERMINATION DATE" means, as to the Equipment designated
on any Equipment Schedule, the date on which this Agreement expires or is
terminated.

            "CENTRAL SERVER" means, collectively, a central library server, with
TCC Software installed, together with a storage array, computer rack,
uninterrupted power source (UPS), main switch and patch panel.

            "CERTIFICATE OF ACCEPTANCE" means a certificate executed by Licensee
in substantially the form of EXHIBIT 1 to EXHIBIT A attached hereto.

            "CHRISTIE" means Christie Digital Systems USA, Inc., a California
corporation.

            "CHRISTIE SOFTWARE" means any Christie proprietary software
installed in any of the Equipment at the time of delivery of such Equipment to
Licensee, as updated by any update made available from time to time by Christie
without charge for use on the Equipment.

            "CINEPLEX" means a theater complex with one or more cinema
auditoriums.

            "CONFIDENTIAL INFORMATION" has the meaning specified in Section 39.

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          CONFIDENTIAL TREATMENT REQUESTED BY CARMIKE CINEMAS, INC. OF
             CERTAIN PORTIONS OF THIS AGREEMENT IN ACCORDANCE WITH
              RULE 24B-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934

            "DCI" means Digital Cinema Initiatives, LLC, a limited liability
company established by Disney, Fox, MGM, Paramount, Sony Pictures Entertainment,
Universal and Warner Bros. Studios to, among other things, establish and
document technical specifications for an open architecture for digital cinema to
ensure a uniform and high level of technical performance reliability and quality
control.

            "DCI SPECIFICATION" means the Digital Cinema System Specification
V1.0 issued July 20, 2005 by DCI.

            "DIGITAL CINEMA PROJECTION SYSTEM" means collectively a system
installed by Christie/AIX consisting of a DLP Cinema 2k projector, capable of
both 2-D and 3-D display, and a digital cinema server for each theatre screen.
Each Digital Cinema Projection System will be a part of a Digital System.

            "DIGITAL SYSTEM" means collectively one or more Digital Cinema
Projection Systems, a central storage server connecting all Digital Cinema
Projection Systems within a theatre complex, a theater management system, and
such other system components and software as are required to meet the standards
set forth in the DCI Specification.

            "DIGITAL TITLE" means a commercial movie which is released in
digital format suitable for showing on Digital Systems.

            "DISTRIBUTOR" means a motion picture distributor.

            "DISTRIBUTOR AGREEMENT" means an agreement between Licensor and a
Distributor pursuant to which such Distributor agrees to furnish virtual prints
of Traditional Motion Picture Content and to pay Participant Virtual Print Fees
to Licensor for a specified period.

            "DLP CINEMA(TM) PROMOTIONAL GUIDELINES" means the guidelines set
forth on EXHIBIT B attached hereto.

            "DOLLARS" or "$" means United States dollars.

            "EQUIPMENT" means each Digital System described on an Equipment
Schedule executed pursuant to this Agreement, together with all parts,
accessories and other items added to or made a part of such Digital System after
the Applicable Commencement Date for such Digital System.

            "EQUIPMENT SCHEDULE" means a schedule in the form of EXHIBIT A
attached hereto, executed pursuant to this Agreement from time to time.

            "EVENT OF DEFAULT" has the meaning specified in Section 28.

            "FINANCING DOCUMENTS" has the meaning specified in Section 24.

            "FINANCING PARTIES" has the meaning specified in Section 24.

            "LICENSE TERM" means, with respect to any particular Equipment, a
period that commences on the Applicable Commencement Date for such Equipment and
ends on the Applicable Termination Date for such Equipment.

            "LICENSEE" has the meaning specified in the preamble.

            "LICENSOR" has the meaning specified in the preamble.

            "NON-PARTICIPANT VIRTUAL PRINT FEE" means the applicable fee
announced from time to time by Licensor as the virtual print fee payable by a
Non-Participating Distributor with respect to the

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          CONFIDENTIAL TREATMENT REQUESTED BY CARMIKE CINEMAS, INC. OF
             CERTAIN PORTIONS OF THIS AGREEMENT IN ACCORDANCE WITH
              RULE 24B-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934

exhibition of Traditional Motion Picture Content on Digital Systems licensed by
Licensor, which fee shall not exceed *** percent (***%) of the lowest base
virtual print fee (before discounts) payable by any Distributor under a
Distributor Agreement.

            "NON-PARTICIPATING DISTRIBUTOR" means a Distributor which has not
signed a Distributor Agreement with Licensor.

            "NON-TRADITIONAL CONTENT" means all content other than Traditional
Motion Picture Content. Non-Traditional Content includes, but is not limited to,
television programs, sporting events, stage productions, religious services,
concerts, educational classes or presentations, live events, speeches, meetings,
teleconferencing, and video gaming. Non-Traditional Content shall not include
motion picture premieres and other promotional, testing and publicity activities
involving screenings of motion pictures.

            "PARTICIPANT VIRTUAL PRINT FEE" means the virtual print fee payable
to Licensor by a Participating Distributor as provided for in the applicable
Distributor Agreement.

            "PARTICIPATING DISTRIBUTOR" means a Distributor which has signed a
Distributor Agreement with Licensor. A list of Participating Distributors as of
the date hereof is set forth on EXHIBIT D attached hereto, and shall be updated
by Licensor from time to time as provided therein.

            "SATELLITE DISH" has the meaning specified in Section 7(b).

            "SERVICE CONTRACT" means a service contract between Licensee and
Christie in substantially the form of the attached EXHIBIT E.

            "SOFTWARE" means, collectively, the Christie Software, the Standard
Software, the TCC Software and the Third Party Software.

            "STANDARD SOFTWARE" means the operating system and system
applications software which are standard for general operation of computer
servers having the general capabilities of the servers included in the
Equipment, as updated by any update made available from time to time by the
owner of such operating system or systems application software.

            "TAXES" means any foreign, federal, state, county or local income,
estimated, alternative minimum, add-on minimum, sales, use, excise, franchise,
real property, personal property, transfer, registration, value added, stamp,
premium, profit, windfall profit, customs duties, gross receipts, capital stock,
production, business and occupation, social security, disability, employment,
unemployment, payroll, severance, license, gift recapture or withholding tax or
charge imposed by any governmental entity, and any interest and penalties (civil
or criminal) related thereto or to the nonpayment thereof.

            "TCC SOFTWARE" means ADM's proprietary Theatre Command Center
software as licensed by ADM to Christie and installed in any Central Server at
the time of delivery of such Central Server to Licensee, as updated by any
update made available from time to time without charge for use on the Equipment.

            "THIRD PARTY SOFTWARE" means any software, other than Christie
Software, Standard Software and TCC Software, installed to any of the Equipment
at the time of delivery of such Equipment to Licensee, including database
software, as updated by any update made available from time to time by the owner
of such software.

            "TRADITIONAL MOTION PICTURE CONTENT" means (i) all feature length
(defined as over 40 minutes) motion pictures intended for initial exhibition in
a commercial motion picture theater for paid admission; (ii) motion picture
trailers; and (iii) on screen advertising.

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***CONFIDENTIAL PORTIONS HAVE BEEN OMITTED AND FILED SEPARATELY WITH THE
   SECURITIES AND EXCHANGE COMMISSION. ASTERISKS DENOTE OMISSIONS.

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          CONFIDENTIAL TREATMENT REQUESTED BY CARMIKE CINEMAS, INC. OF
             CERTAIN PORTIONS OF THIS AGREEMENT IN ACCORDANCE WITH
              RULE 24B-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934

      2. EQUIPMENT LICENSE.

            Subject to the terms and conditions set forth herein, Licensor
hereby grants to Licensee the limited right and license to use the Equipment
described on each Equipment Schedule executed pursuant to this Agreement, at the
Licensee's designated facility set forth in each such Equipment Schedule, for
the License Term of such Equipment. Licensor and Licensee will execute a
separate Equipment Schedule for each delivery of Equipment to Licensee pursuant
to this Agreement, listing all of the Equipment included in such delivery. Each
such Equipment Schedule shall constitute a separate and independent license and
contractual obligation of Licensee and Licensor, governed by the terms and
conditions set forth in this Agreement. Notwithstanding the foregoing, except
for the limited license granted above, all right, title and interest to the
Equipment shall be, and shall continue to be, the property of Licensor and/or
its Affiliates, and, except for the limited license granted above, nothing in
this Agreement shall be construed as transferring to Licensee any right, title
or interest in the Equipment, or as conferring any other license or other right,
by implication, estoppel or otherwise, under any patent, patent application,
trade secret, trademark or copyright. Except as otherwise expressly provided for
in this Agreement, Licensee is not granted any right to, and Licensee expressly
agrees not to, distribute, market, sell, modify or adapt the Equipment or any
part thereof. Licensee shall not remove from the Equipment, Licensor's name,
trademark, logo and other identification, or any markings which identify
Licensor and/or its Affiliates as the owners of the Equipment.

      3. SOFTWARE; CENTRAL SERVER FEE; LANDING FEE.

            (a) Subject to Licensee's payment to Licensor of the fees provided
for in Section 3(b), Licensor, as an authorized licensee of ADM, hereby grants
to Licensee the non-exclusive, non-transferable right and license to use the TCC
Software in connection with Licensee's use of the Equipment. Licensee shall not
modify the TCC Software, make any copies of the TCC Software (other than a
reasonable number of copies for back up purposes), seek to reverse engineer or
decompile any of the TCC Software or transfer the TCC Software or any copies
thereof other than in connection with a transfer of a Central Server provided
that the transfer of such Central Server is permitted under this Agreement.

            (b) For each Central Server licensed and delivered by Licensor to
Licensee under this Agreement and installed at a Cineplex, a Central Server fee
in the amount of $800.00 per screen (the "Server Screen Fee") will be payable
for each screen at such Cineplex for which a Digital Cinema Projection System
licensed and delivered by Licensor to Licensee under this Agreement is
installed. The Server Screen Fee shall be payable in arrears in quarterly
installments (without interest) over a period of *** years, and payments shall
commence at the end of the first quarter following the date a Certificate of
Acceptance is delivered with respect to a Digital Cinema Projection System
installed for such screen.

            (c) Licensor, as an authorized licensee of Christie, hereby grants
to Licensee the non-exclusive, non-transferable, royalty-free right and license,
without right to sublicense, to use the Christie Software in connection with
Licensee's use of the Equipment. Licensee shall not modify the Christie
Software, make any copies of the Christie Software (other than a reasonable
number of copies for back up purposes), seek to reverse engineer or decompile
any of the Christie Software, or transfer the Christie Software or any copies
thereof other than in connection with a transfer of Equipment provided that the
transfer of such Equipment is permitted under this Agreement.

            (d) Licensor represents and warrants to Licensee that, upon the
delivery of Equipment by Licensor to Licensee under this Agreement, Licensee
will have the royalty-free right to use, in connection with the use of such
Equipment and subject to the terms of any applicable end user license
agreements, the Standard Software and the Third Party Software installed on such
Equipment at the time of delivery.

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***CONFIDENTIAL PORTIONS HAVE BEEN OMITTED AND FILED SEPARATELY WITH THE
   SECURITIES AND EXCHANGE COMMISSION. ASTERISKS DENOTE OMISSIONS.

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          CONFIDENTIAL TREATMENT REQUESTED BY CARMIKE CINEMAS, INC. OF
             CERTAIN PORTIONS OF THIS AGREEMENT IN ACCORDANCE WITH
              RULE 24B-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934

            (e) In the event that Access Integrated Technologies, Inc.
("AccessIT") delivers to Licensee any Digital Title or Non-Traditional Content
for Exhibition on the Equipment, Licensee will pay to AccessIT a landing fee in
the amount of eighteen dollars ($18) for each such Digital Title or
Non-Traditional Content.

      4. TERM.

            (a) This Agreement shall commence on the date hereof (it being
understood that obligations of Licensee relating to the use of Equipment will
only be effective when the Equipment is installed) and, unless earlier
terminated in accordance with Section 28, shall continue in effect until
December 31, 2020 (the "INITIAL TERM"); provided, however, that Licensee may
renew this Agreement for successive one (1) year periods (each such successive
one year period, a "RENEWAL TERM") for up to ten (10) Renewal Terms by giving
written notice to Licensor no later than ninety (90) days prior to the end of
the Initial Term or any Renewal Term.

            (b) Upon the expiration of the Initial Term or a Renewal Term, as
applicable, or the earlier termination of this Agreement, Licensor shall, unless
Licensee exercises its purchase option under Section 47, have the right, at its
sole cost and expense, to retake possession of any or all of the Equipment, and
for such purpose Licensor shall have the right to enter upon any premises where
any or all of the Equipment is located, at times reasonably acceptable to
Licensee, and remove same. Such removal must be performed under supervision of
Licensee. Licensor shall repair all damage to the Cineplex caused by Licensor's
removal of such Equipment. If Licensor fails to remove the Equipment within 90
days of the expiration or earlier termination of this Agreement, such Equipment
will be deemed abandoned by Licensor, and Licensee may dispose of the same in
whatever manner Licensee may elect without liability to Licensor. Alternatively,
in the event such Equipment is deemed abandoned as provided above, Licensee may,
at its election by giving written notice to Licensor, succeed to ownership of
the Equipment on as "as is, where is" basis, in which case Licensor will have no
obligation to Licensee in respect of any expenses relating to removal or
disposition. This Section 4(b) shall survive the expiration or earlier
termination of this Agreement.

      5. INSTALLMENT.

            (a) Licensor shall license to Licensee, and deliver to Licensee for
installation by Christie under the Service Contract, a minimum of Two Thousand
One Hundred (2.100) up to Two Thousand Three Hundred (2,300) Digital Cinema
Projection Systems, with associated Central Servers. Delivery of Digital Systems
shall be in accordance with a delivery schedule, specifying delivery dates for
all relevant delivery locations, mutually agreed upon between Licensor and
Licensee.

            (b) Digital Systems will be installed in any given Cineplex for the
minimum number of screens required to enable more than 50% of the screens at
such Cineplex, and, Licensor will be permitted to install Digital Systems such
that by October 31, 2007 100% of the screens will be enabled at any Cineplex
where a Digital System has been installed.

            (c) Except for Equipment (i) installed under this Agreement, (ii)
acquired by Licensee by virtue of acquisition of a Cineplex from a third party
or (iii) installed pursuant to Licensee's existing agreements ( or any
replacement thereof) for on-screen advertising with Technicolor Screen Services
Inc., Pepsi-Cola Sales and Distribution Inc. and The Coca-Cola Company or
replacements and/or extensions thereof provided that such Equipment shall be
used only for on-screen advertising and not for the exhibition of motion
picture, motion picture trailers and Non-Traditional Content, Licensee shall not
install, or permit to be installed, any digital cinema equipment, including
digital cinema projection equipment, screen servers or central servers, at any
Cineplex where a Digital System has been installed under this Agreement.

      6. EQUIPMENT SPECIFICATIONS. Initially, Licensor will install Digital
Systems which comply with the DCI Specification. except to the extent that
technology necessary for compliance with the

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          CONFIDENTIAL TREATMENT REQUESTED BY CARMIKE CINEMAS, INC. OF
             CERTAIN PORTIONS OF THIS AGREEMENT IN ACCORDANCE WITH
              RULE 24B-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934

DCI Specification is not commercially available. When the technology necessary
to make Digital Systems compliant with the DCI Specification becomes
commercially available, Licensor, at no cost to Licensee, will (a) thereafter
install Digital Systems which are compliant with the DCI Specification and (b)
within four (4) months after such availability upgrade Digital Systems
previously installed in order to bring such Digital Systems into compliance with
the DCI Specification.

      7. DELIVERY AND INSTALLATION; SATELLITE DISH.

            (a) Following the execution by Licensor and Licensee of each
Equipment Schedule, Licensor shall, at Licensor's expense, deliver the Equipment
described in such Equipment Schedule to the Cineplex location designated in such
Equipment Schedule. Licensor shall bear the risk of loss for the Equipment while
it is in transit to Licensee sites at which the Equipment will be installed.
Licensee shall, at its own expense, prepare such sites for installation of the
Equipment in accordance with the site requirements as may be mutually agreed
between Christie and Licensee. All Equipment will be installed by Christie
pursuant to the Service Contract, and Licensee will permit Christie service
engineers access to the installation sites, at times mutually agreed upon by
Christie and Licensee, in order to install the Equipment. Upon completion of the
installation of any Equipment and testing to ensure the operability of the
Equipment, Licensee will deliver a Certificate of Acceptance for such Equipment
to Licensor or to Christie for delivery to Licensor. Licensee hereby authorizes
Licensor to complete each executed Equipment Schedule with the identification
number set out in the Certificate of Acceptance delivered by Licensee for the
Equipment covered by such Equipment Schedule. Licensor shall provide Licensee
with copies of fully completed and executed copies of each Equipment Schedule
and Certificate of Acceptance.

            (b) In the event Licensee currently has the right to grant to
Licensor for the Initial Term or any Renewal Term of this Agreement the right to
install and maintain satellite transmitting and receiving equipment (a
"SATELLITE DISH") on the roof of any Cineplex site designated in an Equipment
Schedule, Licensee hereby grants to Licensor or its Affiliate, without charge or
cost to Licensor, the right, during the Initial Term or any Renewal Term of this
Agreement, to install and maintain, or to have installed and maintained, a
Satellite Dish on the roof of such Cineplex site for the sole purpose of
delivering content to Licensee. In the event Licensee does not currently have
the right to install and maintain a Satellite Dish on the roof of any Cineplex
site designated in an Equipment Schedule, Licensee shall, at the request of
Licensor, use reasonable commercial efforts to procure for Licensor, as promptly
as reasonably possible after request by Licensor, without cost to Licensor, the
right, during the Initial Term or any Renewal Term of this Agreement, to install
and maintain, or to have installed and maintained, a Satellite Dish on the roof
of such Cineplex site. In addition, Licensee shall, at Licensor's sole cost and
expense, obtain any permits necessary for the installation or maintenance of any
such Satellite Dish. The cost of installation and maintenance of any Satellite
Dish will be the sole responsibility of Licensor or its Affiliates. All right,
title and interest in and to any Satellite Dish installed hereunder will be the
sole property of Licensor or its Affiliates. Satellite Dishes are not included
in the Equipment licensed by Licensor to Licensee under this Agreement, and
Licensee shall not redirect, alter, move or otherwise in any way interfere with
the operation of any Satellite Dish without the prior written consent of
Licensor, which consent shall not be withheld unreasonably. If Licensee is
unable to procure the right to install a Satellite Dish on the roof of a
Cineplex site, then Licensee shall grant Licensor or its Affiliate access and
the right to deliver to Licensee content by hard drive, by other physical means
or by use of fiber optic cables. This Section 7 (b) shall survive the expiration
or any termination of this Agreement.

      8. LOCATION. Without the prior written consent of Licensor, which consent
shall not be unreasonably withheld, Licensee shall not move any Equipment
(except when reasonably necessary in cases of emergency to protect the
Equipment) from the site and cinema auditorium location designated in the
Equipment Schedule for such Equipment. The moving of any Equipment by Licensee
other than in accordance with this Section 8 shall constitute a material breach
of this Agreement and the applicable Equipment Schedule. Notwithstanding the
foregoing, other than to a Cineplex acquired by Licensee from a third party,
Licensee agrees that it may not move any Equipment to a Cineplex which contains
digital projection equipment not installed by Licensor and Licensor's
withholding of any consent to such a move shall be deemed to be reasonable.
Licensee acknowledges and agrees that the objective of this Section

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          CONFIDENTIAL TREATMENT REQUESTED BY CARMIKE CINEMAS, INC. OF
             CERTAIN PORTIONS OF THIS AGREEMENT IN ACCORDANCE WITH
              RULE 24B-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934

8 and Section 5 of this Agreement is to provide Licensor with the ability to
install its Equipment in ***% of the screens at any Cineplex in which any of
Licensor's Equipment has been installed, whether through the initial deployment
or by any subsequent movement of Equipment pursuant to this Section 8.

If Licensee moves any Equipment pursuant to Licensor's consent under this
Section 8 to a Cineplex which contains an auditorium or auditoriums in which
Equipment has not been installed, and Licensee wishes to install other digital
projection equipment of any kind ("Alternative Digital Equipment") in any
auditoriums located in such Cineplex or in the auditorium(s) from which the
Equipment has been moved with Licensor's prior consent in accordance with this
the terms hereof, then Licensee must promptly provide Licensor with written
notice of a bona fide offer made to Licensee by a third party (the "Offer
Notice") specifying, among other things, the Alternative Digital Equipment it
wishes to install, the itemized costs of such Alternative Digital Equipment and
the installation thereof, the proposed sites at which Licensee proposes to have
such Alternative Digital Equipment installed, and any other conditions related
to such installations. Licensor shall have thirty (30) days from receipt of the
written notice to Offer Notice to provide a written proposal to Licensee that
either matches or improves upon the terms set forth in the Offer Notice. If
Licensor matches the terms contained in the Offer Notice, Licensee shall, within
thirty (30) days thereafter enter into an agreement providing for Licensor to
supply and install the digital projection equipment on substantially the terms
contained in the Offer Notice.

      9. SCOPE OF LICENSE. Licensee shall be permitted to use Equipment for the
following purposes, and for no other purpose:

            (a) exhibition of Traditional Motion Picture Content distributed by
Participating Distributors;

            (b) exhibition of pre-feature on-screen advertising;

            (c) exhibition of Traditional Motion Picture Content distributed by
Non-Participating Distributors provided that Licensor has notified Licensee that
the Non-Participating Distributor has paid to Licensor or made arrangements with
Licensor for payment to Licensor of all applicable Non-Participant Virtual Print
Fees in connection with such exhibition; and

            (d) subject to the requirements of Section 11, exhibition of
Non-Traditional Content.

      10. NO FEE TO DISTRIBUTORS. Licensee agrees that it will not charge any
Participating Distributor a fee or service charge for the use of any Digital
System to exhibit Distributor's theatrical motion pictures.

      11. NON-TRADITIONAL CONTENT.

            (a) Licensee hereby designates Access Integrated Technologies, Inc.
("AccessIT") as its preferred content delivery service for Non-Traditional
Content and Licensee agrees to use its commercially reasonable best efforts to
play content available from providers using AccessIT's content delivery service.
Licensee agrees that it will not enter into any other agreement with a third
party that would: (a)prohibit AccessIT from showing on the Equipment
Non-Traditional Content that Licensee, in its sole discretion, may choose to
book or (b) prohibit AccessIT from delivering digital content to Licensee's
theatres. If, the Non-Traditional Content is delivered by a delivery service
other than AccessIT on that delivery service's delivery software and equipment,
Licensee shall pay to Licensor for use of the Digital System (15%) of the gross
revenues derived by Licensee from each show of such Non-Traditional Content up
to a maximum of $1,200 per show.

                  (b) If AccessIT is the content delivery service for the
Non-Traditional Content, Licensee shall pay Licensor *** per cent (***%) of
the gross revenues derived by Licensee from each show of such Non-Traditional
Content up to a maximum of $*** per show.

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***CONFIDENTIAL PORTIONS HAVE BEEN OMITTED AND FILED SEPARATELY WITH THE
   SECURITIES AND EXCHANGE COMMISSION. ASTERISKS DENOTE OMISSIONS.

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          CONFIDENTIAL TREATMENT REQUESTED BY CARMIKE CINEMAS, INC. OF
             CERTAIN PORTIONS OF THIS AGREEMENT IN ACCORDANCE WITH
              RULE 24B-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934

      12. REPORTING AND EQUIPMENT LOGS.

            (a) In order to facilitate accurate billing of virtual print fees
payable to Licensor with respect to the exhibition of Digital Titles on the
Equipment, Licensor and its representatives shall be entitled to access, review
and obtain copies, in such manner as Licensor may determine from time to time,
of all Log Files, as defined below. Licensee shall also be entitled to access to
the Log Files. Licensor and Licensee agree not to interfere with the use of the
Equipment for showing Digital Titles or the availability of access to the Log
Files. Log Files are electronic files created by the Equipment, including but
not limited to files containing information and records on the actual usage
history of each component of the Equipment and the specific title and time of
play for each usage.

            (b) Licensor agrees to use the Log Files solely to monitor, assist
and verify the billing of virtual print fees and measuring Equipment
performance. Licensor shall not be permitted to access any financial records of
Licensee.

      13. EXHIBITION COMMITMENT. Provided that more than fifty percent (50%) of
the screens in any Cineplex are equipped with Digital Cinema Projection Systems
licensed under this Agreement , then, if a motion picture which Licensee desires
to license is available from a Participating Distributor (or, subject to the
requirements of Section 10, a Non-Participating Distributor) in both a Digital
Title version and a film print version, Licensee is hereby required to license
and exhibit on a Digital System the Digital Title version rather than the film
print version provided that there is a screen equipped with a Digital Cinema
Projection System that is open to be booked with a movie commencing on the
opening date of that movie. Subject to the foregoing requirement, Licensee shall
have full and complete discretion over the choice of content at all of its
screens.

      14. PROMOTION OF DLP CINEMA(TM). To the extent that Licensee is not
required to incur any additional advertising or other costs beyond its ordinary
marketing and advertising costs for its own business, Licensee shall use its
commercially reasonable best efforts to:

            (a) promote DLP Cinema(TM) technology for the exhibition of Digital
Titles in accordance with the DLP Cinema(TM) Promotional Guidelines.

            (b) include the DLP Cinema(TM) logo in all advertisements in all
media, including, but not limited to, print, newspaper and internet, issued by
or under the control of Licensee with respect to Digital Titles to be exhibited
by means of the Equipment, and insure that all such advertising is in accordance
with the DLP Cinema(TM) Promotional Guidelines.

            (c) display the "DLP Cinema(TM)" trailer on screen preceding the
distributor's logo credit and at the beginning of each exhibition of
Non-Traditional Content.

            Licensor shall obtain any approval(s) necessary for performing the
acts set forth in items (a) through (c) above, including, but not limited to,
any necessary approval of each Participating Distributor, Non-Participating
Distributor or provider of Non-Traditional Content, as applicable; and secure
all necessary royalty-free trademark licenses from Texas Instruments
Incorporated with regard to items (a) and (b) above.

      15. MAINTENANCE AND TRAINING. Concurrently with the execution and delivery
of this Agreement, Licensee shall enter into the Service Contract with Christie.
During the Initial Term of this Agreement, Licensee shall maintain in effect the
Service Contract with Christie or a comparable service contract with another
service provider acceptable to Licensor and shall maintain the Digital Systems
in good order and repair during the Initial Term normal wear and tear excepted.
The Service Contract provides for training of Licensee personnel, and Licensee
will in any event maintain an adequate theater staff properly trained in the use
of Digital Systems. Licensee will not do anything which would render Digital
Systems non-compliant with, or prevent Digital Systems from being compliant
with, the DCI Specification during the term of this Agreement. Any replacement
parts substituted for any parts or

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          CONFIDENTIAL TREATMENT REQUESTED BY CARMIKE CINEMAS, INC. OF
             CERTAIN PORTIONS OF THIS AGREEMENT IN ACCORDANCE WITH
              RULE 24B-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934

components of Equipment shall become the property of Licensor covered by the
relevant Equipment Schedule for such Equipment.

      16. ADDITIONS AND ALTERATIONS.

            (a) With the consent of Licensee, Licensor may from time to time at
Licensor's expense and by Licensor's designated representatives or contractors,
make alterations to, or add components, accessories, enhancements, features or
functionalities to, Equipment, and all of the foregoing shall, at the time of
such alteration or addition, become the property of Licensor covered by the
relevant Equipment Schedule for such Equipment.

            (b) Except in accordance with paragraph (a) above or with the prior
written consent of Licensor, Licensee shall not make, or permit to be made,
alterations to, or additions of components, accessories, enhancements, features
or functionalities to, Equipment, provided that nothing contained in this
Section 17 shall prevent or be construed to prevent Christie from replacing
parts and components in connection with the maintenance services to be provided
by Christie under the Service Contract.

            (c) With the prior written consent of Licensor, Licensee shall be
permitted to add components, accessories, enhancements, features or
functionalities to the Equipment and any such alterations or additions shall
remain the property of Licensee. Notwithstanding the foregoing, Licensee shall
not make any alterations or changes to or in relation to Equipment which would
impair or prevent the use of the Equipment for showing Digital Titles.

      17. TAXES. The costs and fees set forth herein and in all Schedules and
Exhibits attached hereto and made a part hereof do not include any applicable
federal, state or local taxes, and any such taxes or governmental charges upon
the Equipment and any Software covered hereby, including sales or use taxes or
any other tax however designated arising from the subject matter of this
Agreement, shall be paid by Licensor.

      18. DAMAGE AND LOSS

            (a) After Installation, Licensee shall bear all risk of damage to or
loss or destruction of the Equipment by reason of any cause whatsoever,
including without limitation fire, flood, earthquake, natural disaster,
casualty, accident or theft. Licensee shall advise Licensor of any such damage,
loss or destruction in writing within five (5) days after any such damage, loss
or destruction occurs.

            (b) In the event of any damage, loss or destruction which materially
impairs the performance of any Equipment or renders the Equipment inoperable and
which is capable of repair on a cost effective basis, then Licensee will, at its
expense, have Christie repair the Equipment under the Service Contract.

            (c) In the event of any damage, loss or destruction which materially
impairs the performance of any Equipment or renders the Equipment inoperable and
which is not capable of repair on a cost effective basis, or in the event of any
complete loss or destruction of any Equipment, then Licensor, in its sole
discretion, may, at Licensee's expense, replace the Equipment with comparable or
better Equipment and Licensee shall do all things and execute all documents as
may be necessary in the judgment of Licensor to cause title to the replacement
Equipment to vest in Licensor and to subject the replacement Equipment to all of
the terms and conditions of this Agreement.

            (d) In the event Licensee fails to promptly perform its obligations
under paragraph (b) or (c), then Licensor may, but is not obligated to, cause
the Equipment to be repaired or replaced and invoice Licensee for all costs of
such repair or replacement, which invoice shall be due and payable within ten
(10) days of the date of invoice.

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              RULE 24B-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934

            (e) In no event will any damage to or loss or destruction of any
Equipment entitle Licensee to any refund of or credit for any amounts paid or
remitted by Licensee to Licensor under this Agreement, or excuse Licensee from
payment of any amounts otherwise payable by Licensee to Licensor under this
Agreement.

      19. INSURANCE. Licensee, at its expense, will maintain throughout the term
of this Agreement a policy of insurance issued by a reputable insurer reasonably
acceptable to Licensor, insuring the Equipment against "all risks," including
extended coverage insurance, for a coverage amount at least equal to the full
replacement cost (at market value) of the Equipment. Licensor shall be named as
an additional loss payee under such policy, and such policy shall provide that
it may not be canceled except upon at least thirty (30) days prior written
notice to Licensor (or at least ten (10) days prior written notice for failure
to pay a premium). Upon Licensor's request, Licensee shall furnish to Licensor
insurance certificates or other satisfactory evidence of such insurance. If
Licensee fails to maintain insurance as required hereunder, Licensor may, but
shall not be obligated to, purchase such insurance and invoice Licensee for all
costs with respect thereto, which invoice shall be due and payable within (10)
days of the date of invoice.

      20. AUDIT, INSPECTION AND ACCESS RIGHTS.

            (a) Licensor shall have the right, through its designated
representatives (including Christie), at Licensor's expense, upon reasonable
prior notice and during regular business hours, to (a) examine Licensee's usage
records relating solely to the Equipment; (b) inspect the Equipment for purposes
of verifying (i) Licensee's compliance with all of its obligations under this
Agreement; (ii) the condition of the Equipment; and (iii) compliance of the
Equipment with the DCI Specification; and (c) examine Licensee's records
relating to Non-Traditional Content, including revenue and other records, for
the sole purpose of verifying compliance with Section 11 of this Agreement.

            (b) Licensee shall maintain all books and records subject to audit
hereunder for a period of not less than three (3) years after the expiration or
any termination of this Agreement, and during such three (3) year period,
Licensor shall retain all audit and inspection rights set forth in this Section
21. Licensee shall provide all necessary access to the Equipment and the
relevant site location for purposes of such inspection and verification.

            (c) Licensee will permit representatives of Distributors reasonable
access, upon reasonable prior notice and at times convenient to Licensee, to
Cineplex locations where the Equipment is located to (i) verify the operating
condition of the Equipment and, after the DCI Specification has been finalized
and issued, to verify that the Equipment is compliant with the DCI Specification
or to verify the upgrading of Equipment to meet the DCI Specification as
contemplated by this Agreement, and (ii) at no cost to Licensee install such
distribution equipment as may be necessary for Distributors to deliver content
files to such premises.

      21. NEGATIVE PLEDGE. During the term of this Agreement, Licensee shall not
sell, convey, assign, transfer or otherwise dispose of any Equipment or any
interest therein, and shall keep such Equipment and its rights and interests
under this Agreement free and clear of all liens, security interests,
encumbrances, charges or adverse claims. Licensee shall promptly notify Licensor
of any liens, security interests, encumbrances, charges or adverse claims which
any third party files or seeks to enforce against the Equipment or any of
Licensee's rights and interest under this Agreement.

      22. PERSONAL PROPERTY. It is the intention of Licensor and Licensee that
the Equipment at all times shall be and remain personal property, and shall not
be or become a fixture upon or affixed to any real property. The Equipment shall
not be affixed to realty so as to change the character of the equipment from
personal property to fixtures.

      23. ASSIGNMENT AND SUBLEASE.

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          CONFIDENTIAL TREATMENT REQUESTED BY CARMIKE CINEMAS, INC. OF
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              RULE 24B-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934

            (a) Licensee shall not assign this Agreement or any Equipment
Schedule, or lease or sublicense the use of any of the Equipment, without the
prior written consent of Licensor in each instance, which consent shall not be
unreasonably withheld by Licensor; provided, however, Licensee may assign this
Agreement or any Equipment Schedule without Licensor's prior written consent (i)
to any direct or indirect subsidiary of Licensee, (ii) to any person or entity
resulting from a reorganization of Licensee, (iii) to any person or entity with
which Licensee is merged or consolidated, (iv) to any person or entity that
acquires all or substantially all of Licensee's assets or equity securities of
whatever type, (v) to Licensee's existing lenders or any other lender(s)
pursuant to loan documents evidencing debt obligations of Licensee (provided
such lender(s) shall have all rights of cure available to Licensee hereunder) or
(vi) to any person or entity that controls, is controlled by or is under common
control with Licensee.

            (b) Licensor shall have the right to freely assign this Agreement
and any or all of the Equipment Schedules. In order to facilitate the financing
of the Equipment, Licensor may enter into agreements with one or more parties
pursuant to which, inter alia, Licensor may assign its right, title and interest
in this Agreement to such parties (referred to herein individually as a
"FINANCING PARTY" and collectively, as "FINANCING PARTIES"). Licensee
irrevocably consents to the transfer and assignment of Licensor's right, title
and interest in this Agreement to any and all Financing Parties and hereby
acknowledges and agrees for the benefit of each such Financing Party that upon
receipt by Licensor of written notice from a Financing Party that an event of
default has occurred and is continuing under any financing arrangements between
such Financing Party and Licensor with respect to the Equipment (such documents
referred to herein as the "FINANCING DOCUMENTS"), and a statement to the effect
that such Financing Party has elected to exercise its remedies pursuant to the
Financing Documents and this Agreement as a consequence of such default, the
Financing Party shall have the rights of Licensor hereunder, and Licensee shall
deal exclusively and directly with the Financing Party or its designee(s) or
assignee(s), as the case may be, and not Licensor.

      24. WARRANTY DISCLAIMER. EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT,
LICENSOR MAKES NO WARRANTIES TO LICENSEE, WRITTEN OR ORAL, EXPRESS OR IMPLIED,
INCLUDING WITHOUT LIMITATION ANY IMPLIED WARRANTY OF MERCHANTABILITY, FITNESS
FOR A PARTICULAR USE OR PURPOSE OR NON-INFRINGEMENT, ALL OF WHICH IMPLIED
WARRANTIES ARE HEREBY EXPRESSLY DISCLAIMED.

      25. THIRD PARTY WARRANTIES. At the request of Licensee, Licensor shall, at
Licensee's option, (a) enforce for the benefit of Licensee any rights or
remedies which Licensor may have against any manufacturer or licensor in respect
of any of the Equipment or Software, including, but not limited to, rights or
remedies, if any, under any product warranty or any indemnification against
infringement, or (b) make a full or partial assignment to Licensee of any such
rights or remedies.

      26. NON-PETITION COVENANT. During the period from the commencement of this
Agreement and ending on the date on which either party hereto ceases to have any
continuing obligations to the other under this Agreement, neither party shall
commence or join in any involuntary bankruptcy proceeding against the other
party under any federal or state bankruptcy law, or commence or join in any
proceeding for the appointment of a receiver or trustee for any or all of the
assets of the other party or for the liquidation or dissolution of such other
party.

      27. EVENTS OF DEFAULT. The occurrence of any of the following events shall
constitute an "Event of Default" under this Agreement:

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          CONFIDENTIAL TREATMENT REQUESTED BY CARMIKE CINEMAS, INC. OF
             CERTAIN PORTIONS OF THIS AGREEMENT IN ACCORDANCE WITH
              RULE 24B-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934

            (a) failure by Licensee to make or remit any payments required to be
made or remitted by Licensee hereunder or under any Equipment Schedule as and
when the same become due and payable and such failure continues uncured for a
period of ten (10) days after written notice to Licensee; or

            (b) the material breach by Licensee or any of its officers,
employees or authorized agents of any of its obligations hereunder or under any
Equipment Schedule (other than obligations referred to in paragraph (a) above),
which breach continues uncured for a period of thirty (30) days after written
notice to Licensee provided, however, that to the extent such breach is
susceptible of cure and Licensee has commenced a cure within such period, such
period shall continue for as long as Licensee diligently pursues a cure;

            (c) the termination by Licensee of the business of operating as an
exhibitor of commercial films;

            (d) the making of an assignment by Licensee for the benefit of its
creditors or the admission by Licensee in writing of its inability to pay its
debts as they become due, or the filing by or against Licensee of any petition
under any bankruptcy or insolvency laws, which petition is not dismissed within
ninety (90) days, or the appointment of a receiver, liquidator or trustee for
any or all of the assets of Licensee, which appointment is not vacated within
ninety (90) days.

            (e) the material breach by Licensor or any of its officers,
employees or authorized agents of any of its obligations hereunder or under any
Equipment Schedule which breach continues uncured for a period of thirty (30)
days after written notice to Licensor provided, however, that to the extent such
breach is susceptible of cure and Licensor has commenced a cure within such
period, such period shall continue for as long as Licensor diligently pursues a
cure;

            (f) the substantial failure of a material quantity of the Equipment
installed under this Agreement to properly perform the functions for which said
Equipment was designed and installed during any consecutive six (6) month
period, which failure continues uncured for a period of thirty (30) days after
written notice to Licensor provided, however, that to the extent such failure is
susceptible of cure and Licensor has commenced a cure within such period, such
period shall continue for as long as Licensor diligently pursues a cure.

            (g) the making of an assignment by Licensor for the benefit of its
creditors or the admission by Licensor in writing of its inability to pay its
debts as they become due, or the filing by or against Licensor of any petition
under any bankruptcy or insolvency laws, which petition is not dismissed within
ninety (90) days, or the appointment of a receiver, liquidator or trustee for
any or all of the assets of Licensor, which appointment is not vacated within
ninety (90) days.

      28. REMEDIES. Upon the occurrence and during the continuance of any Event
of Default, beyond applicable cure periods, the non-defaulting party shall have,
in addition to any other rights and remedies available at law or in equity all
of the following rights and remedies:

            (a) the right to terminate this Agreement and any or all of the
Equipment Schedules;

            (b) Upon the occurrence and during the continuance of any Event of
Default by Licensee beyond applicable cure periods, Licensor shall have the
right to retake possession of any or all of the Equipment, and for such purpose
Licensor shall have the right to enter upon any premises where any or all of the
Equipment is located and remove same;

            (c) In the event of Default by Licensee, Licensor shall have the
right to recover any and all damages, including loss of virtual print fees, cost
and expenses, including reasonable attorneys'

                                       12
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          CONFIDENTIAL TREATMENT REQUESTED BY CARMIKE CINEMAS, INC. OF
             CERTAIN PORTIONS OF THIS AGREEMENT IN ACCORDANCE WITH
              RULE 24B-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934

fees and costs, resulting from such Event of Default or the enforcement of
Licensor's remedies hereunder.

            (d) In the event of Default by Licensor, Licensee shall have the
right to recover any and all damages, cost and expenses, including reasonable
attorneys' fees and costs, resulting from such Event of Default or the
enforcement of Licensee's remedies hereunder.

All rights and remedies are cumulative, and the exercise of any one right or
remedy shall not preclude the exercise of any other right or remedy.

      29. LIMITATION ON DAMAGES. IN NO EVENT SHALL EITHER PARTY BE LIABLE FOR
ANY SPECIAL, INCIDENTAL, CONSEQUENTIAL OR PUNITIVE DAMAGES, EVEN IF SAID PARTY
HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

      30. INDEMNIFICATION.

            Licensee shall indemnify and hold Licensor, its successors and
assigns, and their members, managers, partners, affiliates, officers, directors,
employees, agents, advisors and attorneys harmless from and against any and all
claims, costs, expenses, damages and liabilities, including attorneys' fees and
costs, arising out of the use, operation or possession of the Equipment or
otherwise related to this Agreement or any Equipment Schedule. The
indemnification rights hereunder shall survive the expiration or any termination
of this Agreement.

            Licensor shall indemnify and hold Licensee, its successors and
assigns, and their members, managers, partners, affiliates, officers, directors,
employees, agents, advisors and attorneys harmless from and against any and all
claims, costs, expenses, damages and liabilities, including attorneys' fees and
costs, arising out of the use, operation or possession of the Equipment or
otherwise related to this Agreement or any Equipment Schedule. The
indemnification rights hereunder shall survive the expiration or any termination
of this Agreement.

      31. REPRESENTATIONS, WARRANTIES AND COVENANTS OF LICENSEE. Licensee hereby
represents, warrants and covenants to Licensor that (a) the execution, delivery
and performance of this Agreement by Licensee have been, and each Equipment
Schedule hereafter executed by Licensee will be, duly authorized by all
necessary corporate action on the part of Licensee; (b) the individual(s)
executing this Agreement on behalf of Licensee have the requisite authority to
do so, and the individual(s) executing any Equipment Schedule will have the
requisite authority to do so; (c) this Agreement does, and each Equipment
Schedule will, constitute the legal, valid and binding agreement of Licensee
enforceable in accordance with their respective terms; (d) Licensee or its
operating subsidiary is in good standing in the jurisdiction of its
incorporation or organization and in any jurisdiction in which any Equipment is
located; (e) Licensee shall comply with any and all applicable laws and
regulations relating to the use of the Equipment and Licensee's performance
under this Agreement and each Equipment Schedule; (h) there are no actions,
suits or proceedings pending, or to the knowledge of Licensee, threatened,
before any court or administrative agency, arbitrator or governmental body that
would materially adversely affect its ability to make payments or perform its
obligations under this Agreement or any Equipment Schedule; (i) Licensee is not
party to, and during the term of this Agreement will not enter into, any
exclusive arrangement other than with Licensor for the showing or delivery of
Traditional Motion Picture Content or other alternative digital content other
than for advertisements, or pursuant to Licensee's existing agreements with
Technicolor Screen Services Inc., Pepsi-Cola Sales and Distribution Inc. and The
Coca-Cola Company or replacements and/or extensions thereof.

      32. REPRESENTATIONS, WARRANTIES AND COVENANTS OF LICENSOR. Licensor hereby
represents, warrants and covenants to Licensee that (a) the execution, delivery
and performance of this Agreement have been, and each Equipment Schedule
hereafter executed by Licensor will be, duly authorized by all necessary
corporate action on the part of Licensor; (b) the individual(s) executing this
Agreement on behalf of Licensor have the requisite authority to do so, and the
individual(s) executing any

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          CONFIDENTIAL TREATMENT REQUESTED BY CARMIKE CINEMAS, INC. OF
             CERTAIN PORTIONS OF THIS AGREEMENT IN ACCORDANCE WITH
              RULE 24B-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934

Equipment Schedule will have the requisite authority to do so; (c) this
Agreement does, and each Equipment Schedule will, constitute the legal, valid
and binding agreement of Licensor enforceable in accordance with its terms; (d)
Licensor is in good standing in the jurisdiction of its organization and in each
jurisdiction where the ownership or operation of its property and assets or the
conduct of its business requires such qualification; (e) Licensor shall comply
with any and all applicable laws and regulations relating to Licensor's
performance under this Agreement and each Equipment Schedule; (f) there are no
actions, suits or proceedings pending, or to the knowledge of Licensor,
threatened, before any court or administrative agency, arbitrator or
governmental body which would materially adversely affect its ability to perform
under this Agreement; (g) to Licensor's knowledge after due inquiry, no part or
component of the Equipment or Licensee's use thereof, including without
limitation, the Software, infringes or violates any patent, copyright, trade
secret, mask work right, trademark license or other intellectual property right
of any third party; (h) Licensor has the right to grant the rights and licenses
granted to Licensee under this Agreement, (i) the Distributor Agreements
executed as of the date hereof are valid, binding and of full force and effect
and none of the parties thereto are in default thereunder and (j) Licensee's
right and license hereunder to use the Equipment in accordance with the terms
hereof includes the royalty-free right to use the DLP Cinema(TM) technology
incorporated in the Equipment.

      33. ENTIRE AGREEMENT. Licensor and Licensee acknowledge that there are no
agreements or understandings, written or oral, between Licensor and Licensee
with respect to the Equipment, other than as set forth herein and in each
Equipment Schedule, that this Agreement and the Equipment Schedules contain the
entire agreement between Licensor and Licensee with respect to the subject
matter hereof and thereof, and that no covenant, condition, or other term or
provision may be waived or modified orally.

      34. APPLICABLE LAW. This Agreement shall be governed by, and construed in
accordance with, the laws of the State of New York, without giving effect to its
conflicts of laws principles.

      35. SEVERABILITY AND VALIDITY. If any provision of this Agreement or any
Equipment Schedule is prohibited by, or is unlawful or unenforceable under, any
applicable law of any jurisdiction, such provision shall, as to such
jurisdiction, be ineffective to the extent of such prohibition, without
invalidating the remaining provisions thereof; provided, however, that any such
prohibition in any jurisdiction shall not invalidate such provision in any other
applicable jurisdiction.

      36. NOTICES. All notices hereunder shall be in writing, shall be effective
upon actual receipt shall be hand delivered, sent by overnight courier (such as
FedEx), or sent by registered or certified mail or delivered personally in
accordance with the following, or to such other address as either party may
specify to the other in writing:

                        LICENSOR:       Christie/AIX, Inc.
                                        c/o Access Integrated Technologies, Inc.
                                        55 Madison Avenue, Suite 300
                                        Morristown, New Jersey  07960
                                        Attention: Gary S. Loffredo, Esq.,
                                        Senior VP and General Counsel

                        With a copy to: Kelley Drye & Warren LLP
                                        101 Park Avenue
                                        New York, New York 10178
                                        Attention: Jonathan Cooperman, Esq.

                        LICENSEE:       Carmike Cinemas, Inc.
                                        1301 1st Avenue

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          CONFIDENTIAL TREATMENT REQUESTED BY CARMIKE CINEMAS, INC. OF
             CERTAIN PORTIONS OF THIS AGREEMENT IN ACCORDANCE WITH
              RULE 24B-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934

                                        Columbus, GA 31901
                                        Attn: CFO, CEO and Legal

                        With a copy to:

      37. MODIFICATION AND WAIVER. No modification or waiver of any provision of
this Agreement or any Equipment Schedule shall be effective unless the same is
in writing and signed by both parties, and then such modification, waiver or
consent shall be effective only in the specific instance and for the specific
purpose given. Licensor and Licensee may, from time to time, mutually agree on
additional terms and conditions with respect to an Equipment Schedule which may
be set forth thereon or attached thereto as an "Addendum" which shall be
applicable to and constitute a part thereof.

      38. CONFIDENTIALITY. Licensee acknowledges that the Equipment and Software
contain proprietary information and their configuration and operation constitute
trade secrets of Licensor or the respective owners thereof. In addition to the
foregoing, each party acknowledges that its officers, employees, agents or
representatives during the term of this Agreement will have access to and come
into contact with, confidential proprietary information of the other party,
including, but not limited to, information concerning the Equipment and/or the
Software and/or other trade secrets of Licensor and information pertaining to
Licensee's finances, personnel and business practices ("CONFIDENTIAL
INFORMATION"). Licensor and Licensee agree not to disclose to any third party
any Confidential Information that it learns during the term of this Agreement
without the prior written consent of the other party. This obligation shall
survive the cancellation or other termination of this Agreement. The parties
hereby agree to use their best efforts to maintain the confidentiality of the
Confidential Information and to treat such Confidential Information with the
same degree of care and security as they treat their own most confidential
information. Notwithstanding the foregoing, the parties' obligations with
respect to the Confidential Information shall not extend to information that:
(a) is in the public domain at the time of its disclosure; (b) becomes part of
the public domain through a source other than Licensee; or (c) is required to be
disclosed pursuant to law, a court order or governmental authority, whereupon
Licensee shall provide Licensor with notice prior to such disclosure unless
otherwise forbidden by law. The parties shall be required to advise each of
their employees, agents and representatives who have access to Confidential
Information that they are required to keep Confidential Information in the
strictest confidence, but in all cases, Licensor and Licensee shall retain
responsibility for any breach by an employee, agent and/or a representative of
the confidentiality obligations set forth in this Section 39. It is understood
that in case of a breach of this Section 39, damages may not be an adequate
remedy and the Licensor may be entitled to injunctive relief to restrain any
breach, whether threatened or actual, of this Section 39.

      39. PRECEDENCE. In the event of any conflict between the terms and
conditions of this Agreement and the terms and conditions of any properly
executed Equipment Schedule, the terms and conditions of such Equipment Schedule
shall prevail.

      40. NO WAIVER. The failure by either party to exercise any right or remedy
provided for in this Agreement will not be deemed to be a waiver of any right or
remedy hereunder.

      41. SECTION HEADINGS. The section headings are for the convenience of the
parties and in no way alter, modify, amend, limit, or restrict the contractual
obligations of the parties.

      42. COUNTERPARTS; EXECUTION BY FACSIMILE. This Agreement and each
Equipment Schedule may be executed in one or more counterparts, each of which
shall be deemed to be an original, but all of which shall be one and the same
document. This Agreement and each Equipment Schedule may be executed and
delivered by facsimile transmission.

      43. NO JOINT VENTURE OR PARTNERSHIP. The parties are entering into this
Agreement as Licensor and Licensee, and nothing herein shall be deemed to create
or constitute a joint venture or

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          CONFIDENTIAL TREATMENT REQUESTED BY CARMIKE CINEMAS, INC. OF
             CERTAIN PORTIONS OF THIS AGREEMENT IN ACCORDANCE WITH
              RULE 24B-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934

partnership between the parties or a principal-agent relationship. Neither party
has the authority to bind or contract on behalf of the other party.

      44. ANNOUNCEMENTS. No public announcement, circular, advertisement or
other publicity in connection with this Agreement shall be made or issued by or
on behalf of either party to this Agreement, except as may be required by law,
judicial order or applicable regulation, except by mutual agreement of the
parties as evidenced by the prior written consent of the other party. Both
parties shall mutually agree upon the content of any public statement announcing
the existence of this Agreement.

      45. THEATER CLOSURES. If at any time during the term of this Agreement,
Licensee discontinues operations at any theater with respect to which it has
executed an Equipment Schedule and a Certificate of Acceptance, this Agreement
and the Equipment Schedule for such theater shall terminate as of the end of the
last day of business operations at such theater. Licensee shall have the option
to (a) utilize the Equipment located at such theater in any other theater
operated by Licensee or its Affiliates which does not have Equipment or (ii)
have such Equipment picked up by Licensor or its designated representatives. If
Licensee elects to use the Equipment in accordance with (i) above, Licensee and
Licensor shall execute a mutually acceptable new Equipment Schedule and
Certificate of Acceptance for the theater in which the Equipment is installed in
accordance with the terms of this Agreement.

      46. THEATER SALES AND ACQUISITIONS. If during the term of this Agreement,
Licensee or its Affiliates sell, transfer, convey or assign to a third party
their respective interest in any theater with respect to which Licensee has
executed an Equipment Schedule and Certificate of Acceptance, Licensee or its
Affiliates may, with the prior consent of Licensor, which will not unreasonably
be withheld, transfer the Equipment in such transaction so long as such acquirer
or transferee executes and delivers to Licensor a Master License Agreement in
the same form as this Agreement and an Equipment Schedule in the form attached
as Exhibit A. Upon such transfer, Licensee shall have no further obligation
under this Agreement or the Equipment Schedule for such theatre. If during the
term of this Agreement, Licensee or its Affiliates shall acquire a Cineplex
Licensee shall have the right to designate such Cineplex(s) for inclusion
hereunder and Licensee shall be entitled to either relocate existing Equipment
to such Cineplex, or if the initial 2,300 screens have not been enabled with
Digital Systems then Licensee may notify Licensor that said Cineplex(s) be
Digitally enabled thereafter.

      47. LICENSEE'S OPTION TO PURCHASE; EQUIPMENT RETURN.

            (a) At any time following the expiration of the Initial Term,
Licensee shall have the option to purchase all or any portion of the Equipment.
The purchase option for any Equipment may be exercised by Licensee by providing
Licensor with at least 60 days written notice (the "Purchase Notice") specifying
the Equipment Licensee is electing to purchase. The purchase price (the
"Purchase Price") for such Equipment shall be equal to the fair market value of
the Equipment to be purchased as of the date the Purchase Notice is given to
Licensor. The fair market value of the Equipment shall be determined by an
independent third party appraiser selected by Licensee and approved by Licensor,
which approval may not be unreasonably withheld ("1st Appraiser"). Either party
may dispute the 1st Appraiser's value by notifying the other party of such
dispute and submitting a second independent third party appraiser("2nd
Appraiser") who shall determine the market value of said Equipment. In the event
the two appraisers cannot agree on the Equipment's value then the matter shall
be submitted to arbitration in accordance with the rules of the American
Arbitration Association.

            (b) Upon the exercise of the purchase option in Section 47(a) above
which is not rescinded, title to such Equipment shall pass from Licensor to
Licensee upon the payment of the Purchase Price on an "AS IS, WHERE IS" basis,
without warranty of any kind, express or implied, other than Licensor's warranty
of good title and warranty that such equipment is transferred free of all liens,
security interests, claims or encumbrances of any kind or nature. Licensor shall
comply with the DCI Specification requirements regarding the Digital Systems
that are contained in the Distributor Agreements, as may be amended from time to
time throughout the term of the Distributor Agreements. Licensor shall deliver
to Licensee a duly executed and appropriate bill of sale in form and substance

                                       16
<PAGE>
          CONFIDENTIAL TREATMENT REQUESTED BY CARMIKE CINEMAS, INC. OF
             CERTAIN PORTIONS OF THIS AGREEMENT IN ACCORDANCE WITH
              RULE 24B-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934

reasonably acceptable to Licensee, evidencing transfer of title of the Equipment
purchased. Upon payment of the Purchase Price, this Agreement shall terminate
with respect to such Equipment and the Equipment Schedule(s) relating to the
Equipment so purchased shall be appropriately amended or terminated, as
applicable.

            (c) In the event the Licensee does not exercise its purchase option,
the removal of the Equipment shall be subject to the terms and conditions of
this Agreement.

      49. MFN. In the event that during the Roll-Out Period Licensor offers to
install a Digital System for a third party on terms and conditions which are
comparable to the terms and conditions of this Agreement but on financial terms
which in the aggregate are more favorable than the financial terms of this
Agreement, then Licensor shall promptly offer the more favorable financial terms
to Licensee.

                                       17
<PAGE>
          CONFIDENTIAL TREATMENT REQUESTED BY CARMIKE CINEMAS, INC. OF
             CERTAIN PORTIONS OF THIS AGREEMENT IN ACCORDANCE WITH
              RULE 24B-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934

         IN WITNESS WHEREOF, the duly authorized representatives of the parties
hereto have executed this Agreement as of the date and year first above written.

LICENSOR                                 LICENSEE

By: _______________________________      By: ___________________________________

Name: _____________________________      Name:  ________________________________

Title: ____________________________      Title: ________________________________

                                       18
<PAGE>

LIST OF EXHIBITS

EXHIBIT A Form of Equipment Schedule/Certificate of Acceptance
EXHIBIT B DLP Cinema(TM) Promotional Guidelines
EXHIBIT C Intentionally Omitted
EXHIBIT D Participating Distributors
EXHIBIT E Form of Service Contract
EXHIBIT F Intentionally Omitted
EXHIBIT G Intentionally Omitted
EXHIBIT H Intentionally Omitted
EXHIBIT I Form of Monthly Report

                                       19
<PAGE>

                                    EXHIBIT A

                           EQUIPMENT SCHEDULE NO. ___
                             DATED AS OF ___________
                TO MASTER LICENSE AGREEMENT DATED AS OF _________

1.    EQUIPMENT

QTY   ITEM DESCRIPTION         SERIAL NUMBER                AUDITORIUM LOCATION
                                                                IDENTIFIER

2.    LOCATION, SCREENS AND REQUESTED DATE FOR INSTALLATION

THEATER NAME:

THEATER ADDRESS:

NUMBER OF SCREENS:

                                    Exhibit A
<PAGE>

REQUESTED DATE OF INSTALLATION:

3.    SPECIAL TERMS (IF ANY).

Licensor and Licensee ____ have _____ have not agreed on any special terms for
the license by Licensor to Licensee of the Equipment specified in this Equipment
Schedule. In the event Licensor and Licensee have agreed on any such special
terms, such special terms are as set forth on a separate schedule attached
hereto and made a part hereof.

This Equipment Schedule is executed pursuant to the Master License Agreement
dated as of the date indicated above between Licensor and Licensee (the
"Agreement"). All of the terms and conditions of the Agreement are incorporated
herein by this reference and made a part hereof as if such terms and conditions
were set forth in full in this Equipment Schedule. By executing this Equipment
Schedule, Licensor and Licensee hereby reaffirm all of the terms and conditions
of the Agreement except as expressly modified hereby.

LICENSOR                                 LICENSEE

By: ____________________________         By: ___________________________________

Name: __________________________         Name: _________________________________

Title: _________________________         Title: ________________________________

Date: __________________________         Date: _________________________________

                                    Exhibit A
<PAGE>

                             EXHIBIT 1 TO EXHIBIT A

                            CERTIFICATE OF ACCEPTANCE

         THIS CERTIFICATE OF ACCEPTANCE is executed as of ____________, 20__
with respect to the Equipment itemized in Equipment Schedule No. __ dated as of
________________, 20__ (the "Equipment Schedule") executed pursuant to that
certain Master License Agreement dated as of ______________, 20__ (the
"Agreement") between Christie/AIX, Inc. ("Licensor") and the undersigned
("Licensee").

      1.    Certification

            Licensee hereby certifies that the items of Equipment described in
the Equipment Schedule have been installed at the location specified in the
Equipment Schedule, have been inspected by Licensee, have been found by Licensee
to be in good working condition and have been accepted by Licensee as Equipment
whose use is licensed by Licensor under the Agreement and the Equipment
Schedule.

      2.    Commencement Date

            The commencement date of the license term under the Agreement and
the Equipment Schedule for the Equipment accepted hereunder is
_______________________ (the "Commencement Date").

      IN WITNESS WHEREOF, Licensee has executed this Certificate of Acceptance
as of the date first above written.

                                   "LICENSEE"

                                   By: _________________________________________

                                   Name: _______________________________________

                                   Title: ______________________________________

                             Exhibit 1 to Exhibit A

<PAGE>

                                    EXHIBIT B

                      DLP CINEMA(TM) PROMOTIONAL GUIDELINES

                          (exhibit starts on next page)

                                    Exhibit B
<PAGE>

[TEXAS INSTRUMENTS LOGO]               DLP CINEMA(TM) POWER OF PICTURE

DLP Cinema(TM)
Promotional Guidelines

                               DIGITAL PICTURE BY
                               [DLP CINEMA LOGO]

                                   Exhibit B

<PAGE>

OVERVIEW

This document defines the DLP Cinema(TM) Trademark and Promotional Guidelines.
It also serves as an example of proper trademark usage, which helps assure the
continuing association of DLP Cinema(TM) trademarks with high quality image
mastering and projection.

These guidelines are intended for use by end equipment manufacturers of systems
that incorporate DLP Cinema(TM) components or subsystems, and individuals or
third parties who have an agreement with Tl relating to DLP Cinema(TM) Quality
Requirements. The DLP Cinema(TM) trademarks are owned by Texas Instruments
Incorporated (TI). Nothing in these Guidelines is to be deemed a waiver of TI's
trademark rights.

These guidelines are issued pursuant to other applicable DLP Cinema(TM)
agreements as entered with TI. These guidelines are not intended to substitute
for such documents with those parties having such agreements.

These guidelines provide direction on proper use of the DLP Cinema(TM) trademark
on DLP Cinema(TM) branded products, in print, in text and in broadcasting. These
guidelines may be updated from time-to-time by TI without notice.

For any questions of interpretation regarding these guidelines, contact Cheraina
Dunn 214 567-0833.

FUNDAMENTALS

THE FUNDAMENTALS OF THE DLP CINEMA(TM) TRADEMARK AND PROMOTIONAL GUIDELINES ARE:

(1)   The Trademarked DLP Cinema(TM) logo shall be conspicuously displayed on
      the front and on the side of all OEM and authorized end equipment
      manufacturer's products (or on the same side of the product as the OEM's
      or authorized end equipment manufacturer's name) unless otherwise approved
      in writing by Texas Instruments.

(2)   The DLP Cinema(TM) trademark shall be used in accordance with the
      guidelines outlined in this document in all advertisements, collateral,
      web, broadcast and other media when a DLP Cinema(TM) product is featured
      or shown.

(3)   Appropriate wording, shall be used to reference the DLP Cinema(TM) brand
      in any venue.

(4)   The DLP Cinema(TM) brand and trademarks shall be used as an adjective
      followed by generic noun.

(5)   The DLP Cinema(TM) brand is the only DLP(TM) brand that should be
      associated with d-cinema, digital cinema or anything relating to the
      presentation of studio content in a theatrical setting.

PRODUCT

The DLP Cinema(TM) logo is only to be used in conjunction with a DLP Cinema(TM)
product. When displaying the DLP Cinema(TM) Logo on the product the minimum size
of the logo shall be 2.04(w) x 1.35(h) inches, 146.50(w) x 97(h) points, or
5.17(w) x 3.43(h) centimeters as shown above.

                               [DLP CINEMA LOGO]

The DLP Cinema(TM) logo shall be conspicuously displayed on the front and side
of the product (or on the same side or the product as the OEM's name) unless
otherwise approved in writing by TI. The OEM's name shall be more prominent than
the DLP Cinema(TM) logo. Color usage of the DLP Cinema(TM) logo can be displayed
as described below.

COLOR USAGE OF THE LOGO

The wafer shall always print Blue (PANTONE(R) 2995 or 100% Cyan and 8.5%
Magenta). The line beneath DLP(TM) shall be Red (PANTONE 485 or 100% yellow and
100% Magenta).The remaining logo shall be black.

PRODUCT NAME

The DLP Cinema(TM) brand shall not be used in the model number or the product
name.

EXAMPLES OF HOW NOT TO USE:

      - DLP Cinema(TM) XYZ1000

      - <Company Name> DLP Cinema(TM) <Product Name>

                                   Exhibit B

<PAGE>

MANUFACTURER ADVERTISING AND OTHER PROMOTIONAL MATERIALS

The DLP Cinema(TM) logo shall be included on all promotional materials,
advertisements, collateral, posters, direct mail, etc. When displaying the DLP
Cinema(TM) logo in any print medium, the following guidelines shall be met.

LOGO SIZE

The minimum size of the DLP Cinema(TM) logo in all print shall be .95(w) x
..63(h) inches, 70(w) x 45(h) points, or 2.50(w) x 1.60(h) centimeters as shown
directly below. In larger displays the aspect ratio shall be maintained.

The space around the logo shall be equal to the height of the L.

                               [DLP CINEMA LOGO]

COLOR USAGE OF THE LOGO

The DLP Cinema(TM) logo may be used in two ways depending on the background
color.

OPTION 1: When the DLP Cinema(TM) logo is on a BLACK AND DARK BACKGROUND, the
wafer/circle shall be Blue (PANTONE 2995 or 100% Cyan and 8.5% Magenta). The
line beneath DLP(TM) shall be Red (PANTONE 485 or 100% Yellow and 100% Magenta).
The remaining logo shall be white.

EXAMPLE OF OPTION 1:

                               [DLP CINEMA LOGO]

OPTION 2: When the DLP Cinema(TM) logo is on a WHITE OR LIGHT BACKGROUND, the
wafer/circle shall be Blue (PANTONE 2995 or 100% Cyan and 8.5% Magenta). The
line beneath DLP(TM) shall be Red (PANTONE 485 or 100% Yellow and 100% Magenta).
The remaining logo shall be in black.

EXAMPLE OF OPTION 2:

                               [DLP CINEMA LOGO]

BLACK AND WHITE USAGE OF THE LOGO

The DLP Cinema(TM) logo may be in black and white when the print medium is not
color. (e.g. newsprint)

[DLP CINEMA LOGO]                                              [DLP CINEMA LOGO]

EXHIBITOR AND DISTRIBUTOR PROMOTIONS

For all movie promotional materials, the Digital Picture by DLP Cinema(TM) logo
should be used in one of the following formats.

One Sheets, Mylars & Billboards

COLOR USAGE OF THE LOGO

There are two ways the Digital Picture by DLP Cinema(TM) logo can be used in
color. Your choice depends on the background color.

OPTION 1: When the Digital Picture by DLP Cinema(TM) logo is on A BLACK OR DARK
BACKGROUND, the wafer/circle shall be Blue (PANTONE 2995 or 100% Cyan and 8.5%
Magenta). The Line beneath DLP(TM) shall be Red (PANTONE 485 or 100% Yellow and
100% Magenta). The remaining logo shall he white.

EXAMPLE OF OPTION 1:

                               [DLP CINEMA LOGO]

OPTION 2: When the Digital Picture by DLP Cinema(TM) logo is on a WHITE OR
LIGHT-COLORED BACKGROUND, the wafer/circle shall be Blue (PANTONE 2995 or 100%
Cyan and 8.5% Magenta). The line beneath DLP(TM) shall be Red (PANTONE 485 or
100% Yellow and 100% Magenta). The remaining logo shall be in black.

EXAMPLE OF OPTION 2:

                               [DLP CINEMA LOGO]

BLACK AND WHITE USAGE OF THE LOGO

The Digital Picture by DLP Cinema(TM) logo can be in black or white when the
print medium is not color (e.g. newsprint).

[DLP CINEMA LOGO]                                              [DLP CINEMA LOGO]

                                    Exhibit B

<PAGE>

Stack Ads, Theatre Show Times and Web Listings

USAGE OF THE LOGO

The "Wafer D" mark is to be used in newsprint and applications that do not
provide appropriate space for the Digital Picture by DLP Cinema(TM) logo. When
either mark is used the Digital Picture by DLP Cinema(TM) logo or the words DLP
Cinema(TM) should be used in the legend.)

PLEASE USE THE WORDS DLP CINEMA(TM) ON ALPHA MATRIX LED DISPLAYS OVER THEATRE
ENTRANCES AND AT BOX OFFICE SHOW TIME LISTINGS. OPTION 1 CAN BE USED IN FULL
MATRIX LED DISPLAYS.

OPTION 1: When the mark is used in print with a space no smaller than 8.5mm x
7.5mm

                                     [DLP CINEMA LOGO]

OPTION 2: When the mark is used in print with a space smaller than 8.5mm x
7.5mm. The letter "D" can be no smaller than 2.5mm x 2.5mm

                                     [DLP CINEMA LOGO]

BROADCAST

WEB

When the DLP Cinema(TM) or the Digital Picture by DLP Cinema(TM) logos are
featured on a web site:

      -     The logos shall be used and their height shall be no smaller than
            55 pixels.

      -     The (TM) next to the logos will need to be touched up due to the
            small size.

      -     The logos shall be linked to the appropriate DLP(TM) web page.

RADIO

When airing a commercial on radio referring to the technology, the words "DLP
Cinema(TM) projection technology made by Texas Instruments" shall be used.

TELEVISION

When airing a commercial on television referring to the technology, the DLP
Cinema(TM) logo shall be used.

PHONE LISTING

When stating that a movie is being shown using DLP Cinema(TM) technology, the
following wording should be used: "Movie XXXX available in DLP Cinema(TM)
format".

ANIMATED LOGO

The latest version of the Digital Picture trailor shall be made available to all
DLP Cinema(TM) OEMs, individuals or third parties who have an agreement with TI,
or who display a movie that has been mastered for DLP Cinema(TM) format.

TRADEMARK USAGE IN TEXT

References to the trademarked trade names in print or text include but are not
limited to press releases, advertising, web sites, collateral, direct mail and
articles.

Each reference to DLP Cinema(TM), CineLink(TM), CineCanvas(TM), CinePalette(TM),
and CineBlack(TM) trade names in body copy shall feature the trademark"(TM)"
symbol.

EXAMPLE:

"DLP Cinema(TM) projection technology made by Texas Instruments..."

USE OF TRADEMARKS AS ADJECTIVES

All trademarks must only be used as adjectives' not as nouns. An appropriate
generic noun must follow each and every reference to a mark.

EXAMPLE:

"DLP Cinema(TM) technology is available ..."

ACKNOWLEDGEMENT

Appropriate acknowledgement of TI trademarks shall be appended to each
communications piece that uses them. Always use the footnote stated below in
each piece of printed material.

EXAMPLE:

"DLP Cinema, CineLink, CineCanvas, CinePalette, and CineBlack are trademarks of
Texas Instruments."

Omit trademarks not used.

PRESS RELEASES

In press releases and other media communications, the above guidelines must be
strictly observed.

USE OF CORPORATE NAME

The first reference in body copy to the corporation should be to "Texas
Instruments." Thereafter, reference to the name can be "TI".

USE OF TRADEMARKS

All of the trademarks must not imply ownership to another party other than Texas
Instruments. The use of trademarks must not imply Texas Instruments has
ownership of the product.

ACCEPTABLE EXAMPLES ARE:

"Company X's XYZ projector using Texas Instruments DLP Cinema(TM) technology is
the first..."

"The XYZ theatre is the first DLP Cinema(TM) site..."

UNACCEPTABLE EXAMPLES ARE:

"Company X's XYZ DLP Cinema(TM) projector is the first..."

"The XYZ is the first DLP Cinema(TM) theatre..."

To request an appropriate statement from a senior TI manager for inclusion in
proposed press releases, please contact Ian McMurray, Press Relations Manager,
at l-mcmurray@u.com.

                               www.dlpcinema.com

  DLP-0066 (c) 2002 Texas Instruments, Inc. TI071400 Digital Light Processing,
 DLP, DLP Cinema, CineLink, CineCanvas, CinePalette, CineBlack, the DLP Cinema
   logo, the Digital Picture by DLP Cinema logo and the black/red banner are
   trademarks of Texas Instruments PANTONE" is the property of Pantone. Inc.

                                    Exhibit B
<PAGE>

                                    EXHIBIT C

                              INTENTIONALLY OMITTED

                                    Exhibit C

<PAGE>

                                    EXHIBIT D

                           PARTICIPATING DISTRIBUTORS

      The Participating Distributors as of December 15, 2005 are as set forth
below. In the event of any additions to the Participating Distributors after
such date, Licensor shall promptly so notify Licensee in writing and this
Exhibit D shall be deemed updated to include any Participating Distributor
specified in any such notice.

Buena Vista Pictures Distribution
Twentieth Century Fox Film Corporation
Sony Pictures Releasing Corporation
Dreamworks LLC
Universal City Studios LLLP

                                   Exhibit D
<PAGE>

                                    EXHIBIT E

                            FORM OF SERVICE CONTRACT

                                    Exhibit E

<PAGE>

                                    EXHIBIT F

                              INTENTIONALLY OMITTED

                                    Exhibit F

<PAGE>

                                    EXHIBIT G

                              INTENTIONALLY OMITTED

                                    Exhibit G

<PAGE>

                                    EXHIBIT H

                              INTENTIONALLY OMITTED

                                    Exhibit H

<PAGE>

                                    EXHIBIT I

                             FORM OF MONTHLY REPORT<PAGE>
                                                                   EXHIBIT 10.31

                        DIGITAL CINEMA SERVICE AGREEMENT

      THIS DIGITAL CINEMA SERVICE AGREEMENT (this "Agreement") is made and
entered into as of December __, 2005 (the "Effective Date") by and between
CARMIKE CINEMAS, INC., a Delaware corporation ("Customer"), and CHRISTIE DIGITAL
SYSTEMS USA, INC., a California corporation ("Christie").

                                    RECITALS

      A.    Concurrently with the execution of this Agreement, Customer and
Christie/AIX, Inc., a Delaware corporation ("Licensor"), have entered into a
Master License Agreement of even date herewith (the "Master License Agreement"),
pursuant to which Licensor will deliver Digital Systems (as defined in the
Master License Agreement) to Customer cineplex sites and license such Digital
Systems to Customer for use in accordance with the Master License Agreement.

      B.    As required under the Master License Agreement, Customer and
Christie have entered into this Agreement to provide for installation,
maintenance and other services with respect to Digital Systems licensed by
Licensor to Customer under the Master License Agreement and Carmike's 35mm
systems (as hereinafter defined).

      NOW, THEREFORE, for and in consideration of the mutual covenants set forth
below, and for other valuable consideration received, the receipt and
sufficiency of which are hereby acknowledged, the parties hereby mutually agree
as follows:

      1.    Engagement. On the terms and conditions of this Agreement, Customer
hereby engages Christie, and Christie hereby accepts such engagement, to provide
the services described below.

      2.    Service Sites. "Service Sites" means each of the cineplex sites at
which Digital Systems licensed by Licensor to Customer under the Master License
Agreement are installed. Any Service Site which is more than a two hour drive
from a location at which Christie maintains one or more customer service
engineers is sometimes referred to below as a "Non-Local Site," and any Service
Site which is within a two hour drive from a location at which Christie
maintains one or more customer service engineers is sometimes referred to below
as a "Local Site."

      3.    Project Services.

            3.1   Project Management. Christie will serve as project manager for
the installation of Digital Systems licensed by Customer from Licensor under the
Master License Agreement. Christie's service as project manager will include the
performance of site surveys at each of the Service Sites in preparation for
installation of Digital

                                       1
<PAGE>

Systems, coordination with Customer on site readiness matters, working with
Customer on the development of an installation schedule, installation of Digital
Systems in accordance with the installation schedule agreed upon between
Christie and Customer, provision of all network cabling and other parts and
services (other than necessary HVAC, electrical or audio upgrades (collectively
"Customer Items") required in connection with the installation of Digital
Systems and demonstration of the operability of installed Digital Systems upon
completion of installation. An "Audio Upgrade" shall consist of equipment
required to bring the existing audio system in an auditorium up to Six (6) track
capability. Based on the premise, as hereby agreed between that parties, that
Digital Systems will replace and be substituted for 35mm projection systems
currently in use (except in the case of new construction), Christie acknowledges
that Customer's site readiness obligations for the installation of Digital
Systems will be limited to the Customer Items, and Christie agrees to be
responsible for all other preparations required for installation of Digital
Systems except as may relate to satellite or other content delivery systems and
except for the connection contemplated by Section 4.5(b). Christie further
agrees that it will furnish and install for any Customer screen which has a Six
(6) track system or better a converter necessary to operate the Digital System.

            3.2   Training Services. In connection with the installation of a
Digital System at any Service Site, Christie will provide up to three (3)- four
(4) hour training sessions at each Service Site to train Customer's employees in
the use of the Digital System. Christie will from time to time, at Customer's
request, provide additional training to Customer's employees in the use of
Digital Systems, such training to be provided on no more than two (2) occasions
in any calendar year at such times as are mutually agreed between Christie and
Customer.

            3.3   User Manuals. Christie will provide to Customer reasonable
quantities of user manuals for Digital Systems.

      4.    Maintenance and Other Support Services.

            4.1   Helpdesk Services. Christie will, from 5:00 a.m. Pacific Time
to 2:00 a.m. Pacific Time the following day, seven days a week, provide
troubleshooting and technical assistance by telephone, generally within thirty
(30) minutes after Customer's request for such assistance.

            4.2   Scheduled Maintenance Services. Christie will, at times
scheduled in advance by Christie and Customer, on a twice yearly basis at
approximately six (6) month intervals, perform the following on-site maintenance
services for Digital Systems:

                  (a)   Change each projector lamp and filter, to be completed
                        as determined by Christie within Christie recommended
                        lamp life (if Customer chooses not to purchase
                        replacement lamps from Christie, an appropriate number
                        of spare lamps and filters per Cineplex must be made
                        reasonably available to Christie for use in making lamp
                        and filter changes and replenished by Customer after
                        use).

                                       2
<PAGE>

                  (b)   Align and color balance the image, to be completed at
                        lamp change or as required by component replacement.

                  (c)   Ripple adjustment.

                  (d)   Install hardware, software or firmware upgrades or
                        releases made commercially available by Licensor or
                        Christie without charge.

                  (e)   Replace any malfunctioning part or component
                        (refurbished parts or components may be used for such
                        replacement).

                  (f)   Miscellaneous minor repairs identified by Customer and
                        not requiring replacement of a malfunctioning part or
                        component.

            4.3   Emergency Services. Christie will provide on-site emergency
service for Digital Systems, generally within four (4) hours after Customer's
request for emergency service at any Local Site, and as promptly as reasonably
possible, and in any event within 24 hours, after Customer's request for
emergency service at any Non-Local Site. Emergency services include any service
necessary to restore full operation to any Digital System, or component thereof,
which becomes inoperable by reason of system defects or problems.

            4.4.  Parts.

                  (a)   During the initial ten (10) year period of this
Agreement, Christie will, at its expense, provide all parts (other than lamps
and filters) required in connection with the performance of maintenance services
and emergency services under Sections 4.2 and 4.3, except that where any such
items are required by reason of casualty, natural disaster, accident, misuse,
use of improper power sources or repair other than by Christie service personnel
or other service personnel authorized by Christie, then Christie will invoice
Customer for such items at such prices as may be agreed to between Christie and
Customer from time to time. At Customer's request, Christie will sell and supply
lamp and filter packs to Customer at such prices as may be agreed to between
Christie and Customer from time to time.

                  (b)   Customer may, at its option and upon payment of
additional service fees as agreed between Customer and Christie, extend the
provisions of Section 4.4(a) for one or more extension periods provided that,
prior to the expiration of the initial ten (10) year period and each subsequent
extension period, as applicable, Customer and Christie have agreed in writing on
the duration of the extension period and the additional service fees to be paid
by Customer in respect of such extension period. In the event the provisions of
Section 4.4(a) are not so extended at the expiration of the initial ten (10)
year period or any subsequent extension period, then Christie will thereafter
invoice Customer, at such prices as may be agreed to between Christie and
Customer from time to time, for all parts required in connection with the
performance of maintenance services and emergency services under Sections 4.2
and 4.3.

                                       3
<PAGE>

                  (c)   Payment terms for all items invoiced to Customer under
this Section 4.4 are net thirty (30) days from the date of invoice.

            4.5.  Remote Monitoring Services.

                  (a)   Subject to paragraph (b), Christie, through its Network
Operations Center ("NOC"), will provide the following remote monitoring
services:

                        (i)   monitoring of Digital System operation;

                        (ii)  error and status data collection for Digital
                              System operation; and

                        (iii) alerting Customer and Christie service engineers
                              of Digital System problems requiring attention.

                  (b)   Customer must, at its sole cost and expense, maintain a
suitable connection between the NOC and each Digital System.

            4.6   Upgrade Services. In the event Licensor makes available any
upgrades for installed Digital Systems, Christie will install such upgrades
(except that Christie will not be required under this Section 4.5 to install
audio system equipment.

            4.7   Servicing of Non-Digital 35MM Projectors. During Service Site
visits to perform scheduled maintenance services for Digital Systems, Christie
will perform maintenance service as described on Schedule 4.6 attached hereto on
all 35mm projectors then in service at such Service Site, provided that Customer
will be responsible for either furnishing needed service parts required for such
maintenance or purchasing same at such prices as may be agreed to between
Christie and Customer from time to time for any such parts supplied by Christie.
In the event such service parts are not available during the Service Site visit,
Customer will pay Christie the reasonable costs of a second visit. In addition,
Christie will provide non-exclusive on-site emergency service on an as called,
as needed basis for 35mm projectors in service at any Service Site where
Christie provides maintenance services for Digital Systems under this Agreement,
generally within four (4) hours after Customer's request for emergency service
at any Local Site, and as promptly as reasonably possible, and in any event
within 24 hours, after Customer's request for emergency service at any Non-Local
Site. The cost of such emergency service shall be as agreed between the parties.

            4.8   Limited Audio Service. Christie will provide reasonable
routine maintenance of "in-the-booth" components of audio systems at Service
Sites where Christie performs maintenance services under this Agreement,
provided that Customer will be responsible for either furnishing needed

                                       4
<PAGE>

service parts required for such maintenance or purchasing same at such prices as
may be agreed to between Christie and Customer from time to time for any such
parts supplied by Christie. In the event such service parts are not available
during the Service Site visit, Customer will pay Christie the reasonable costs
of a second visit to install such parts. Christie will have no responsibility
for speaker or screen components of any audio system.

      5.    Service Hours. Regular maintenance services, emergency services and
special equipment upgrade services will be performed during the hours of 8:00 am
to 1:00 am, local time, seven days a week, for the relevant Service Site. Any
request for emergency services received after 11:00 pm local time will be
treated as a request for maintenance services the following morning.

      6.    Other Services. Christie will perform for Customer such services not
otherwise provided for in this Agreement as may be agreed to between Christie
and Customer from time to time. Rates or charges for providing any such other
services will be as agreed to between Christie and Customer in each instance.

      7.    Excluded Services. For clarity, services to be provided under this
Agreement do not include any service with respect to satellite dishes, satellite
receivers, cache servers or any other system components of any satellite
delivery system, or, except as otherwise provided in Section 4.7, with respect
to any audio system or audio system components. Customer may make separate
arrangement with Christie under section 6 for services relating to audio system
or audio system components.

      8.    Annual Service Fee.

            8.1   Annual Service Fee. Subject to Section 8.2, Customer will pay
to Christie an annual service fee in the amount of $2,250.00 per annum per
screen for each screen served by a Digital System, under this Agreement. The
annual service fee includes all services and parts set forth in Sections 3 and 4
(except as otherwise set forth therein) and travel related charges for visits to
Local Sites. The annual service fee does not include travel related charges for
visits to Non-Local Sites, and all such reasonable excess travel related charges
will be billed to Customer at Christie's cost.

            8.2   CPI Adjustment. Commencing in 2008, the annual service fee
provided for in Section 8.1 will be subject to annual adjustment to reflect any
increase of the Consumer Price Index-All Urban Consumers-All Items as published
by the Bureau of Labor Statistics ("CPI") over the CPI for calendar year 2005
("CPI Base Year"). In 2007 and each calendar year thereafter, Christie will,
after the CPI for the prior year has become available, compare the CPI for the
prior year against the CPI for the CPI Base Year and adjust the amount of the
annual service fee provided for in Section 8.1 upward to correspond to the
percentage increase (if any) of the CPI for the prior year over the CPI for the
CPI Base Year; provided however, that for any calendar year the annual service
fee may not be increased by more than two percent (2%) over the annual service
fee in effect for the immediately preceding calendar year. In the event the
Bureau of Labor Statistics ceases to publish the CPI, then the parties shall use
any similar index

                                       5
<PAGE>

which is reasonably comparable to the CPI, applied in such manner as shall
reasonably accomplish the purpose of this Section 8.2.

            8.3   Payment. Christie will invoice Customer for the annual service
fee, and payment shall be made quarterly, with the first payment due ninety (90)
days from the date of invoice. For Digital Systems which are installed and
operational at the commencement of any calendar year, Christie will invoice the
annual service in advance for such year. Where screens are enabled with Digital
Systems during any calendar year, Christie will invoice Customer for a pro rata
portion of the annual service fee which is proportionate to the number of full
calendar months remaining in such calendar year at the time the screen is
enabled.

            8.4   Taxes. The annual service fee provided for in this Agreement
is exclusive of any applicable sales, use, excise or other similar taxes, all of
which shall be payable by Licensor.

      9.    Deinstalled Equipment.

            9.1   35mm System. As used in this Agreement, "35mm System" means a
35 mm projection system consisting of not less than a 35mm projector, a xenon
lamp house, a platter and all associated lenses.

            9.2   Transfer of Deinstalled Equipment. Subject to and in
accordance with the provisions of this Section 9, Customer shall sell and
transfer to Christie, and Christie shall purchase and remove from the relevant
Service Sites, up to 1000 35mm Systems which on or before December 31, 2006 are
deinstalled and replaced by Digital Systems installed by Christie under this
Agreement. The purchase price for all 35mm Systems purchased and sold pursuant
to this Section 9.2 shall be $1.00 for each 35mm System.

            9.3   Excluded Equipment.

                  (a)   Customer and Christie shall not have any obligation
under Section 9.2 with respect to any 35mm System which, if sold by Customer to
Christie for a purchase price of $1.00, would result in a loss to Customer for
accounting purposes based upon Customer's then existing book value for such
system.

                  (b)   Customer shall have the right to retain three (3)
deinstalled 35mm Systems at each Service Site. Customer shall, to the extent
reasonably possible, select for such purposes only 35mm Systems which, if sold
by Customer to Christie for a purchase price of $1.00, would result in a loss to
Customer for accounting purposes, and which at the time of deinstallation have a
book value in excess of $2500.

            9.4   Option to Purchase Certain Excluded Equipment. When any 35mm
System is deinstalled and replaced by a Digital System installed by Christie
under this Agreement, and at the time of deinstallation such 35mm System is
excluded by application of Section 9.3(a) but the book value of such 35mm System
is $2500 or less,

                                       6
<PAGE>

and Customer does not select such 35mm System for retention under Section
9.3(b), then Customer shall offer to sell such 35mm System to Christie for book
value. Christie shall be free to accept or reject such offer, at its discretion.
In the event Christie does not accept any such offer within thirty (30) days
after such offer is made, such offer shall lapse and be of no further effect and
Customer shall retain said system.

            9.5   Notification. Upon the deinstallation of each 35mm System at
any Service Site, Christie shall identify the deinstalled 35mm Systems to
Customer in writing, and within three (3) business days after receiving such
notification from Christie, Customer shall identify which of such deinstalled
35mm Systems are excluded under Section 9.3(a), which are to be retained under
Section 9.3(b), which are eligible to be sold to Christie pursuant to Section
9.4, and which are to be sold to Christie pursuant to Section 9.2.

            9.6   Inclusion of Previously Excluded Equipment. When any 35mm
System is deinstalled and replaced by a Digital System installed by Christie
under this Agreement, and at the time of deinstallation such 35mm System is
excluded by application of Section 9.3(a) but prior to December 31, 2006 Section
9.3(a) ceases to apply to such 35mm System, and Customer does not select such
35mm System for retention under Section 9.3(b), and Christie has not purchased
such 35mm System under Section 9.4, then Customer shall so notify Christie and
sell such 35mm System to Christie pursuant to and in accordance with Section
9.2.

            9.7   Terms of Sale. (We are working on Lender approval re this
Section as to release of liens) All 35mm Systems transferred or sold by Customer
to Christie under this Section 9 shall be transferred and sold free and clear of
all security interests, liens, encumbrances and adverse claims, shall be in
operational condition, and otherwise shall be transferred or sold "AS IS, WHERE
IS," without any representations or warranties. Christie shall be responsible
for all transportation, freight or insurance charges incurred in connection with
removing such 35mm Systems from their then location at the time of title
transfer, and shall be responsible for any sales taxes, use taxes or other
similar taxes, if any, applicable to any such transfer or sale. At Christie's
request, Customer shall provide to Christie a suitable bill of sale evidencing
the transfer of title of any 35mm System pursuant to this Section 9.

      10.   Performance Standard. Christie will perform services under this
Agreement in a competent and professional manner, consistent with the highest
quality standards prevailing in the industry. In the event Christie fails to
meet the performance standard set forth in this Section 10, and does not cure
such failure within sixty (60) days after written notice of such failure is
given by Customer to Christie, with a copy to Licensor, Customer's sole remedy
shall be to transition services to be provided under this Agreement in respect
of Digital Systems to another service provider reasonably acceptable to Licensor
and to Licensor's lenders, and, upon completion of such transition, to terminate
this Agreement.

                                       7
<PAGE>

      11.   Relationship of Parties. The relationship of the parties to this
Agreement is that of independent contractors, and neither party is or shall be
deemed to be a partner, joint venture partner, agent or employee of the other.
No agency relationship is created by this Agreement, and neither party shall
have the right by reason of this Agreement to act for or bind the other in any
manner whatsoever.

      12.   Warranty Disclaimer. In connection with the services to be provided
by Christie to Customer under this Agreement, CHRISTIE MAKES NO WARRANTIES,
WRITTEN OR ORAL, EXPRESS, IMPLIED OR STATUTORY, INCLUDING WITHOUT LIMITATION ANY
IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR USE OR PURPOSE,
ALL OF WHICH ARE HEREBY EXPRESSLY DISCLAIMED.

      13.   Limitation of Liability. NEITHER PARTY SHALL HAVE ANY LIABILITY TO
THE OTHER FOR ANY CONSEQUENTIAL, INCIDENTAL, SPECIAL, EXEMPLARY OR PUNITIVE
DAMAGES, INCLUDING WITHOUT LIMITATION ANY LIABILITY FOR LOST PROFITS OR LOST
DATA, WHETHER OR NOT SUCH PARTY HAS BEEN ADVISED THAT SUCH DAMAGES MAY OCCUR.
CHRISTIE'S MAXIMUM LIABILITY HEREUNDER WILL BE FOR THE AMOUNT OF SERVICE FEES
PAID BY CUSTOMER TO CHRISTIE IN RESPECT OF ANY SERVICE WHICH IS THE SUBJECT OF
ANY PARTICULAR CLAIM.

      14.   Term. Unless earlier terminated under Section 10, the term of this
Agreement shall commence from the Effective Date and continue until the
expiration of the initial term of the Master License Agreement; provided
however, that this Agreement shall terminate upon any termination of the Master
License Agreement.

      15.   Entire Agreement. This Agreement is the entire agreement of the
parties with respect to the subject matter hereof. This Agreement supersedes all
prior agreements, if any, between the parties with respect to such subject
matter. This Agreement may not be amended except by a written amendment executed
by both parties.

      16.   Attorneys' Fees. In the event any action, suit or proceeding is
commenced with respect to any matter relating to this Agreement, the prevailing
party shall be entitled to have and recover from the other party its costs of
suit, including reasonable attorneys' fees.

      17.   Assignment. Neither party may assign any of its rights or delegate
any of its duties under this Agreement without the prior written consent of the
other party; provided, however, that either party may assign its rights or
delegate its duties to the surviving entity in the case of a merger or business
combination or the purchasing entity in the case of a sale of all of its assets;
and provided further that in the event the Master License Agreement is assigned
by Licensor to any Financing Party (as defined in the Master License Agreement),
Christie may assign this Agreement, in whole or in part, to such other qualified
service provider as such Financing Party may designate, and, upon

                                       8
<PAGE>

any such assignment by Christie and the assumption of this Agreement by such
other qualified service provider, Christie shall have no further obligations
under this Agreement and Customer shall look solely to such other qualified
service provider for performance under this Agreement. Also, Customer shall be
entitled to assign its rights and interests hereunder to its existing lenders
and replacements thereof without the necessity of Christie's consent.

      18.   Governing Law. This Agreement shall be governed by and construed and
enforced in accordance with the laws of the State of California, without regard
to principles of conflicts of law.

      19.   Binding Effect. This Agreement is binding on and inures to the
benefit of the parties hereto, and their respective successors and permitted
assigns.

      20.   Capitalized Terms. All capitalized terms which are not defined
herein shall be defined as set forth in the Master License Agreement.

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

                                            CHRISTIE DIGITAL SYSTEMS USA, INC.
                                            ("Christie")

                                            By:
                                                 -------------------------------

                                            Its:
                                                 -------------------------------

                                            CARMIKE CINEMAS, INC.
                                            ("Customer")

                                            By:
                                                 -------------------------------

                                            Its:
                                                 -------------------------------

                                       9

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