Document:

PLANET HOLLYWOOD INTERNATIONAL, INC.
                              2000 CELEBRITY STOCK
                            AWARD AND INCENTIVE PLAN

         0. Background. Pursuant to Section 6.2.5 of the First Amended Joint
Plan of Reorganization of the Company under Chapter 11 of the Bankruptcy Code
dated December 13, 1999, as the same may have been amended or supplemented from
time to time prior to the date hereof and has been approved by the United States
Bankruptcy Court for the District of Delaware (the "Plan of Reorganization"),
the Company is obligated to implement the Plan (as defined herein).

         1. Purpose. The purpose of the Planet Hollywood International, Inc.
2000 Celebrity Stock Award and Incentive Plan (the "Plan") is to afford an
incentive to selected celebrities and others (including certain producers,
agents and business advisors) in their capacities as independent contractors of
Planet Hollywood International, Inc. or any Subsidiaries which now exist or
hereafter are organized or acquired (collectively, the "Company"), to (i)
acquire a proprietary interest in the Company, (ii) continue as independent
contractors, (iii) increase their efforts on behalf of the Company and (iv)
promote the success of the Company's business, thereby promoting the long-term
financial interest of the Company, including the growth in value of the
Company's equity and enhancement of long-term stockholder return.

         2. Definitions. The following terms, as used herein, shall have the
following meanings:

                  (a) "Award" shall mean any Option, SAR, Restricted Stock,
Restricted Stock Unit, Dividend Equivalent or Other Stock-Based Award or Other
Cash-Based Award granted under the Plan.

                  (b) "Award Agreement" shall mean any written agreement,
contract, or other instrument or document between the Company and a Participant
evidencing an Award.

                  (c) "Board" shall mean the Board of Directors of the Company.

                  (d) "Change in Control" shall mean the occurrence of an event
described in Section 12(f) hereof.

                  (e) "Code" shall mean the Internal Revenue Code of 1986, as
amended.

                  (f) "Committee" shall mean the Committee of the Board as
described in Section 3 hereof.

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                  (g) "Company" shall mean, collectively, Planet Hollywood and
all of its subsidiaries now held or hereafter acquired.

                  (i) "Disability" shall mean a disability which would qualify
as a "permanent and total disability" under Section 22(e)(3) of the Code or any
successor provision.

                  (h) "Dividend Equivalent" shall mean a right, granted to a
Participant under Section 10, to receive cash, Stock, or other property equal in
value to dividends paid with respect to a specified number of shares of Stock.
Dividend Equivalents may be awarded on a freestanding basis or in connection
with another Award, and may be paid currently or on a deferred basis.

                  (i) "Exchange Act" shall mean the Securities Exchange Act of
1934, as amended.

                  (j) "Fair Market Value" of a share of Stock on any date shall
mean (1) the opening price of such Stock on such date as officially reported on
the principal national securities exchange on which such Stock is then listed or
admitted to trading, or (2) if such Stock is not then listed or admitted to
trading on any national securities exchange but is designated as a national
market system security by the National Association of Securities Dealers, Inc.,
the opening price of the Stock on such date, or (3) if there shall have been no
trading on the previous business day or if the Stock is not so designated, the
average of the closing bid and asked prices of the Stock on such previous
business day as shown by the NASD automated quotation system, or (4) if such
Stock is not then listed or admitted to trading on any national exchange or
quoted in the over-the-counter market, the value determined by the Committee.

                  (k) "Option" shall mean the right, granted pursuant to this
Plan, of a holder to purchase shares of Stock at a price and upon the terms to
be specified by the Committee.

                  (l) "Other Cash-Based Award" shall mean cash awarded under
Section 11, including cash awarded as a bonus or otherwise as permitted under
the Plan.

                  (m) "Other Stock-Based Award" shall mean a right or other
interest granted to a Participant under Section 11 that may be denominated or
payable in, valued in whole or in part by reference to, or otherwise based on,
or related to, Stock, including, but not limited to (1) unrestricted Stock
awarded as a bonus or otherwise as permitted under the Plan, and (2) a right
granted to a Participant to acquire Stock from the Company for cash and/or a
promissory note containing terms and conditions prescribed by the Committee.

                  (n) "Participant" shall mean an independent contractor of the
Company who is, pursuant to Section 4 of the Plan, selected to participate
herein.

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                  (o) "Plan" shall mean the Planet Hollywood International, Inc.
2000 Celebrity Stock Award and Incentive Plan.

                  (p) "Plan Year" shall mean the Company's fiscal year.

                  (q) "Planet Hollywood" shall mean Planet Hollywood
International, Inc., a Delaware corporation.

                  (r) "Restricted Stock" shall mean an Award of shares of Stock
to a Participant under Section 8 that may be subject to certain restrictions and
to a risk of forfeiture.

                  (s) "Restricted Stock Unit" shall mean a right granted to a
Participant under Section 9 to receive Stock or cash at the end of a specified
deferral period, which right may be conditioned on the satisfaction of criteria
determined by the Committee.

                  (t) "Stock" shall mean shares of voting Class A common stock,
par value $.01 per share, of Planet Hollywood.

                  (u) "SAR" shall mean a tandem or freestanding stock
appreciation right, granted to a Participant under Section 7, to be paid an
amount measured by the appreciation in the Fair Market Value of Stock from the
date of grant to the date of exercise of the right.

                  (v) "Subsidiary" means any corporation in an unbroken chain of
corporations beginning with the Company if, at the time of granting of an Award,
each of the corporations (other than the last corporation in the unbroken chain)
owns stock possessing 50% or more of the total combined voting power of all
classes of stock in one of the other corporations in the chain.

         3. Administration. The Plan shall be administered by the Committee. The
Committee shall have the authority in its sole discretion, subject to and not
inconsistent with the express provisions of the Plan, to administer the Plan and
to exercise all the powers and authorities either specifically granted to it
under the Plan or necessary or advisable in the administration of the Plan,
including, without limitation, the authority to grant Awards; to determine the
persons to whom and the time or times at which Awards shall be granted; to
determine the type and number of Awards to be granted, the number of shares of
Stock to which an Award may relate and the terms, conditions, restrictions
relating to any Award; to accelerate or defer the vesting of any Award; to
determine whether, to what extent, and under what circumstances an Award may be
settled, canceled, forfeited, transferred, exchanged, or surrendered; to
construe and interpret the Plan and any Award; to prescribe, amend and rescind
rules and regulations relating to the Plan; to determine the terms and
provisions of Award Agreements; and to make all other determinations deemed
necessary or advisable for the administration of the Plan.

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         The Committee shall consist of two or more persons selected by the
Board. The Committee may appoint a chairperson and a secretary and may make such
rules and regulations for the conduct of its business as it shall deem
advisable, and shall keep minutes of its meetings. All determinations of the
Committee shall be made by a majority of its members either present in person or
participating by conference telephone at a meeting or by written consent. The
Committee may delegate to one or more of its members or to one or more agents
such administrative duties as it may deem advisable, and the Committee or any
person to whom it has delegated duties as aforesaid may employ one or more
persons to render advice with respect to any responsibility the Committee or
such person may have under the Plan. All decisions, determinations and
interpretations of the Committee shall be final and binding on all persons,
including the Company, the Participant (or any person claiming any rights under
the Plan from or through any Participant) and any stockholder.

         No member of the Board or the Committee shall be liable for any action
taken or determination made in good faith with respect to the Plan or any Award
granted hereunder.

         4. Eligibility. Awards may be granted to independent contractors of the
Company in the sole discretion of the Committee. In determining the persons to
whom Awards shall be granted and the type of Award, the Committee shall take
into account such factors as the Committee shall deem relevant in connection
with accomplishing the purposes of the Plan.

         5. Stock Subject to the Plan; Limitation on Grants. The maximum number
of shares of Stock reserved for issuance pursuant to the Plan shall be Five
Hundred Thousand (500,000) shares, subject to adjustment as provided herein;
provided, however, in the event the Board approves and effects a stock split,
then the maximum number of shares of Stock reserved for issuance pursuant to the
Plan shall, without any further action by the Board or the Committee and without
amendment to this Plan, be correspondingly increased (in accordance with the
terms of such split), subject to adjustment as provided herein.

         In the event that the Committee shall determine that any dividend or
other distribution (whether in the form of cash, Stock, or other property),
recapitalization, stock split, reverse stock split, reorganization, merger,
consolidation, spin-off, combination, repurchase, or share exchange, or other
similar corporate transaction or event, affects the Stock such that an
adjustment is appropriate in order to prevent dilution or enlargement of the
rights of Participants under the Plan, then the Committee shall make such
equitable changes or adjustments as it deems necessary or appropriate to any or
all of (i) the number and kind of shares of Stock which may thereafter be issued
in connection with Awards, (ii) the number and kind of shares of Stock issued or
issuable in respect of outstanding Awards, and (iii) the exercise price, grant
price, or purchase price relating to any Award.

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         If any Award granted under this Plan is terminated, canceled or
otherwise expires for any reason whatsoever, in whole or in part, the shares (or
remaining shares) of Stock subject to that particular Award shall again be
available for grant under this Plan.

         6. Stock Options. The Committee shall have authority to grant Stock
Options to Participants on the following terms and conditions:

                  (a) Number of Shares. Each Award Agreement shall state the
number of shares of Stock to which the Option relates.

                  (b) Type of Option. Only nonqualified stock options may be
granted under the Plan.

                  (c) Option Price. Each Award Agreement shall state the Option
price. The Option price per share of Stock purchasable under an Option shall be
determined by the Committee. The date as of which the Committee adopts a
resolution expressly granting an Option shall be considered the day on which
such Option is granted.

                  (d) Method and Time of Payment. The Option price shall be paid
in full, at the time of exercise, in cash or in shares of Stock having a Fair
Market Value equal to such Option price or in a combination of cash and Stock
or, in the sole discretion of the Committee, through a cashless exercise
procedure. If an exercising Participant fails to pay for any Stock at the time
of exercise or fails to accept delivery thereof, such Participant's right to
purchase stock may be terminated by the Committee or Planet Hollywood.

                  (e) Term and Exercisability of Options. Options shall be
exercisable over the exercise period and at such times and upon such conditions
as the Committee may determine, as reflected in the Award Agreement; provided
that, the Committee shall have the authority to accelerate or extend the
exercisability of any outstanding Option at such time and under such
circumstances as it, in its sole discretion, deems appropriate. An Option may be
exercised, as to any or all full shares of Stock as to which the Option has
become exercisable, by written notice delivered in person or by mail to the
Secretary of Planet Hollywood, specifying the number of shares of Stock with
respect to which the Option is being exercised. For purposes of the preceding
sentence, the date of exercise will be deemed to be the date upon which the
Secretary of Planet Hollywood receives such notification.

                  (f) Termination. Subject to such exceptions as may be
determined by the Committee, if a Participant's independent contractor
relationship with the Company terminates, Options granted to such Participant
prior to such termination shall remain exercisable following the effective date
of such termination as follows:

                           (i) Disability. Upon the termination of a
Participant's independent contractor relationship with the Company by reason of
Disability, all

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Options that are immediately exercisable on the effective date of such
Participant's Disability shall remain exercisable for a period of one (1) year
following such effective date (or for such longer period as may be prescribed by
the Committee, but in no event beyond the expiration date of such Option);

                      (ii) Death. If a Participant dies while an independent
contractor of the Company or during the applicable Option exercise period
following the effective date of his disability or other termination of the
independent contractor relationship, as described in subsections (i) or (iii),
his executors, administrators, legatees or distributees shall have a period
expiring on the date one (1) year from the date of his death (or for such longer
period as may be prescribed by the Committee, but in no event beyond the
expiration date of such Option) within which to exercise his exercisable
Options;

                      (iii) Other Terminations of Independent Contractor
Relationship. If a Participant's independent contractor relationship with the
Company is terminated for any reason other than those described in subsections
(i) or (ii) above, all Options that are immediately exercisable on the effective
date of such termination of the independent contractor relationship shall remain
exercisable for a period of three (3) months from the effective date of such
termination of employment (or for such longer period as may be prescribed by the
Committee, but in no event beyond the expiration date of such Option).

                  (g) Other Provisions. Options may be subject to such other
conditions including, but not limited to, restrictions on transferability of the
shares acquired upon exercise of such Options, as the Committee may prescribe in
its discretion.

         7. Stock Appreciation Rights. The Committee is authorized to grant
freestanding SARs and SARs granted in tandem with an Option to Participants on
the following terms and conditions:

                  (a) In General. Unless the Committee determines otherwise, an
SAR granted in tandem with an Option may be granted at the time of grant of the
related Option or at any time thereafter. An SAR granted in tandem with an
Option shall be exercisable only to the extent the underlying Option is
exercisable.

                  (b) SARs. An SAR shall confer on the Participant a right to
receive with respect to each share subject thereto, upon exercise thereof, the
excess of (1) the Fair Market Value of one share of Stock on the date of
exercise over (2) the grant price of the SAR (which in the case of an SAR
granted in tandem with an Option shall be equal to the exercise price of the
underlying Option, and which in the case of any other SAR shall be such price as
the Committee may determine).

                  (c) Treatment of Related Options and Tandem SARs Upon
Exercise. Upon the exercise of a tandem SAR, the related Option shall be
canceled to the extent of the number of shares of Stock as to which the tandem
SAR is exercised and upon

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the exercise of an Option granted in connection with a tandem SAR, the tandem
SAR shall be canceled to the extent of the number of shares of Stock as to which
the Option is exercised.

                  (d) Method of Exercise. SARs shall be exercised by a
Participant only by a written notice delivered in person or by mail to the
Secretary of Planet Hollywood, specifying the number of shares of Stock with
respect to which the SAR is being exercised. If requested by the Committee, the
Participant shall deliver the Award Agreement evidencing the SAR and the related
Option (if applicable) to the Secretary of Planet Hollywood, who shall endorse
thereon a notation of such exercise and return such Award Agreement to the
Participant. For purposes of this paragraph (d), the date of exercise will be
deemed to be the date upon which the Secretary of Planet Hollywood receives such
notification.

                  (e) Form of Payment. Payment of the amount determined under
paragraph (d) above may be made in whole shares of Stock in a number determined
based upon their Fair Market Value on the date of exercise of the SAR or,
alternatively, at the sole discretion of the Committee, solely in cash, or in a
combination of cash and shares of Stock as the Committee deems advisable. If the
Committee decides to make full payment in shares of Stock, and the amount
payable results in a fractional share, payment for the fractional share will be
made in cash.

                  (f) Term and Exercisability of Freestanding SARs. Each Award
Agreement shall provide the exercise schedule for the freestanding SAR as
determined by the Committee, provided, that, the Committee shall have the
authority to accelerate the exercisability of any freestanding SAR at such time
and under such circumstances as it, in its sole discretion, deems appropriate.
The exercise period shall be ten (10) years from the date of the grant of the
freestanding SAR or such shorter period as is determined by the Committee. The
exercise period shall be subject to earlier termination as provided in Section
7(g) hereof.

                  (g) Termination. The terms and conditions set forth in Section
6(f) hereof, relating to exercisability of Options in the event of termination
of the independent contractor relationship with the Company, shall apply equally
with respect to the exercisability of freestanding SARs following termination of
the independent contractor relationship.

         8. Restricted Stock. The Committee is authorized to grant Restricted
Stock to Participants on the following terms and conditions:

                  (a) Issuance and Restrictions. The Award Agreement shall set
forth the number of shares of Restricted Stock granted pursuant to the Award
Agreement. Restricted Stock shall be subject to such restrictions on
transferability and other restrictions, if any, as the Committee may impose at
the date of grant or thereafter, which restrictions may lapse separately or in
combination at such times, under such circumstances, in such installments, or
otherwise, as the Committee may determine.

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<PAGE>

                  (b) Restrictions. Prior to vesting, shares of Restricted Stock
may not be sold, assigned, transferred, pledged, hypothecated or otherwise
disposed of, except by will or the laws of descent and distribution.
Certificates for shares of Stock issued pursuant to awards of Restricted Stock
shall bear an appropriate legend referring to such restrictions, and any attempt
to dispose of any such shares of Stock in contravention of such restrictions
shall be null and void and without effect. Prior to vesting, such certificates
shall be held in escrow by an escrow agent appointed by the Committee.

                  (c) Forfeiture. Subject to such exceptions as may be
determined by the Committee, if the Participant's independent contractor
relationship with the Company shall terminate for any reason prior to vesting of
the Restricted Stock, any shares remaining subject to restrictions shall
thereupon be forfeited by the Participant and transferred to, and reacquired by,
the Company at no cost to the Company; provided that, the Committee may provide,
by rule or regulation or in any Award Agreement, or may determine in any
individual case, that restrictions or forfeiture conditions relating to
Restricted Stock will be waived in whole or in part.

                  (d) Rights as a Stockholder. Except to the extent restricted
under the Award Agreement, a Participant shall have all of the rights of a
Stockholder including, without limitation, the right to vote Restricted Stock
and the right to receive dividends thereon. Dividends paid on Restricted Stock
shall be either paid at the dividend payment date, or deferred for payment to
such date as determined by the Committee, in cash or in shares of unrestricted
Stock having a Fair Market Value equal to the amount of such dividends. Stock
distributed in connection with a stock split or stock dividend, and other
property distributed as a dividend, shall be subject to restrictions and a risk
of forfeiture to the same extent as the Restricted Stock with respect to which
such Stock or other property has been distributed.

                  (e) Other Provisions. The Restricted Stock Agreements
authorized under the Plan shall contain such other provisions not inconsistent
with this Plan, including, without limitation, the imposition of restrictions
upon the transferability of Restricted Stock and conditions on vesting of
Restricted Stock as the Committee shall deem advisable.

         9. Restricted Stock Units. The Committee is authorized to grant
Restricted Stock Units to Participants, subject to the following terms and
conditions:

                  (a) Award and Restrictions. Delivery of Stock or cash, as
determined by the Committee, will occur upon expiration of the deferral period
specified for Restricted Stock Units by the Committee. In addition, Restricted
Stock Units shall be subject to such restrictions as the Committee may impose,
at the date of grant or thereafter, which restrictions may lapse at the
expiration of the deferral period or at earlier or later specified times,
separately or in combination, in installments or otherwise, as the Committee may
determine.

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                  (b) Forfeiture. Upon termination of the independent contractor
relationship during the applicable deferral period or portion thereof to which
forfeiture conditions apply, or upon failure to satisfy any other conditions
precedent to the delivery of Stock or cash to which such Restricted Stock Units
relate, all Restricted Stock Units that are then subject to deferral or
restriction shall be forfeited; provided that, the Committee may provide, by
rule or regulation or in any Award Agreement, or may determine in any individual
case, that restrictions or forfeiture conditions relating to Restricted Stock
Units will be waived in whole or in part.

         10. Dividend Equivalents. The Committee is authorized to grant Dividend
Equivalents to Participants. The Committee may provide, at the date of grant or
thereafter, that Dividend Equivalents shall be paid or distributed when accrued
or shall be deemed to have been reinvested in additional Stock, or other
investment vehicles as the Committee may specify, provided that Dividend
Equivalents (other than freestanding Dividend Equivalents) shall be subject to
all conditions and restrictions of the underlying Awards to which they relate.

         11. Other Stock- or Cash-Based Awards. The Committee is authorized to
grant to Participants Other Stock-Based Awards or Other Cash-Based Awards as an
element of or supplement to any other Award under the Plan, as deemed by the
Committee to be consistent with the purposes of the Plan. Such Awards may be
granted with value and payment contingent upon any factors designated by the
Committee. The Committee shall determine the terms and conditions of such Awards
at the date of grant or thereafter.

         12. General Provisions.
             -------------------

                  (a) Compliance with Legal Requirements. The Plan and the
granting and exercising of Awards, and the other obligations of the Company
under the Plan and any Award Agreement or other agreement shall be subject to
all applicable federal and state laws, rules and regulations, and to such
approvals by any regulatory or governmental agency as may be required. The
Company, in its discretion, may postpone the issuance or delivery of Stock under
any Award as the Company may consider appropriate, and may require any
Participant to make such representations and furnish such information as it may
consider appropriate in connection with the issuance or delivery of Stock in
compliance with applicable laws, rules and regulations. Furthermore,
notwithstanding any other provision of the Plan, the Company shall have no
liability to deliver any shares of Stock under the Plan or make any other
distributions of benefits under the Plan unless such delivery or distribution
would comply with all applicable laws (including, without limitation, the
requirements of the Securities Act of 1933, as amended), and the applicable
requirements of any securities exchange or similar entity.

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<PAGE>

                  (b) Transferability. Unless otherwise permitted by the
Committee in writing, Awards shall not be transferable by a Participant except
by will or the laws of descent and distribution, or by operation of law.

                  (c) No Right To Continuation of Relationship. Nothing in the
Plan or in any Award granted or any Award Agreement or other agreement entered
into pursuant hereto shall confer upon any Participant the right to continue as
an independent contractor of the Company or to be entitled to any remuneration
or benefits not set forth in the Plan or such Award Agreement or other agreement
or to interfere with or limit in any way the right of the Company to terminate
such Participant's independent contractor relationship.

                  (d) Withholding Taxes. Where a Participant or other person is
entitled to receive shares of Stock pursuant to the exercise of an Option or is
otherwise entitled to receive shares of Stock or cash pursuant to an Award
hereunder, the Company shall have the right to require the Participant or such
other person to pay to the Company the amount of any taxes which the Company may
be required to withhold before delivery to such Participant or other person of
cash or a certificate or certificates representing such shares.

         Unless otherwise prohibited by the Committee or by applicable law, a
Participant may satisfy any such withholding tax obligation by any of the
following methods, or by a combination of such methods: (a) tendering a cash
payment; (b) authorizing the Company to withhold from the shares of Stock or
cash otherwise payable to such Participant (1) one or more of such shares having
an aggregate Fair Market Value, determined as of the date the withholding tax
obligation arises, less than or equal to the amount of the total withholding tax
obligation or (2) cash in an amount less than or equal to the amount of the
total withholding tax obligation; or (c) delivering to the Company previously
acquired shares of Stock (none of which shares may be subject to any claim,
lien, security interest, community property right or other right of spouses or
present or former family members, pledge, option, voting agreement or other
restriction or encumbrance of any nature whatsoever) having an aggregate Fair
Market Value, determined as of the date the withholding tax obligation arises,
less than or equal to the amount of the total withholding tax obligation. A
Participant's election to pay his or her withholding tax obligation (in whole or
in part) by the method described in (b)(1) above is irrevocable once it is made,
may be disapproved by the Committee.

                  (e) Amendment and Termination of the Plan. The Board or the
Committee may at any time and from time to time alter, amend, suspend, or
terminate the Plan in whole or in part. Notwithstanding the foregoing, no
amendment shall affect adversely any of the rights of any Participant, without
such Participant's consent, under any Award theretofore granted under the Plan.
If the Plan is terminated by the Board or the Committee, any unexercised Award
shall continue to be exercisable in accordance with its terms and the terms of
the Plan in effect immediately prior to such termination.

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                  (f) Change in Control. Notwithstanding any other provision of
the Plan to the contrary, if, while any Awards remain outstanding under the
Plan, a "Change in Control" of Planet Hollywood (as defined in this Section
10(f)) shall occur, (1) all Options and freestanding SARs granted under the Plan
that are outstanding at the time of such Change in Control shall become
immediately exercisable in full and (2) all restrictions with respect to shares
of Restricted Stock or any other Awards not described in (1) above shall lapse,
and such shares or other Awards shall be fully vested and nonforfeitable. For
purposes of this Section 12(f), with respect to determining the cash equivalent
value of a Restricted Stock Unit, the Fair Market Value of a share of Stock
shall be deemed to equal the greater of (i) the Fair Market Value of a share of
Stock as of the date on which a Change in Control occurs and (ii) the price of a
share of Stock which is paid or offered to be paid, by any person or entity, in
connection with any transaction which constitutes a Change in Control pursuant
to this Section 12(f).

         For purposes of this paragraph 12(f), a Change in Control of Planet
Hollywood shall occur upon the happening of the earliest to occur of the
following:

                           (i) any "person," as such term is used in Sections
13(d) and 14(d) of the Exchange Act (other than (1) Planet Hollywood, (2) any
trustee or other fiduciary holding securities under an employee benefit plan of
Planet Hollywood, or (3) any corporation owned, directly or indirectly, by the
stockholders of Planet Hollywood in substantially the same proportions as their
ownership of Stock (each an "excluded person")), is or becomes the "beneficial
owner" (as defined in Rule 13d-3 under the Exchange Act), directly or
indirectly, of securities of Planet Hollywood (not including in the securities
beneficially owned by such person any securities acquired directly from Planet
Hollywood or its affiliates) representing 50% or more of the combined voting
power of Planet Hollywood's then outstanding voting securities;

                           (ii) during any period of not more than two
consecutive years, individuals who at the beginning of such period constitute
the Board, and any new director (other than a director designated by a person
who has entered into an agreement with Planet Hollywood to effect a transaction
described in clause (i), (iii) or (iv) of this paragraph (f)) whose election by
the Board or nomination for election by Planet Hollywood's stockholders was
approved by a vote of at least two-thirds (2/3) of the directors then still in
office who either were directors at the beginning of the period or whose
election or nomination for election was previously so approved (other than
approval given in connection with an actual or threatened proxy or election
contest), cease for any reason to constitute at least a 70% majority of the
Board;

                           (iii) the stockholders of Planet Hollywood approve a
merger or consolidation of Planet Hollywood with any other corporation, other
than (A) a merger or consolidation which would result in the voting securities
of Planet Hollywood outstanding immediately prior thereto continuing to
represent (either by remaining outstanding or by being converted into voting
securities of the surviving or parent entity) 80% or more of the combined voting
power of the voting securities of Planet Hollywood or such surviving or parent
entity outstanding immediately after such merger or

                                 Page 11 of 12
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consolidation or (B) a merger or consolidation effected to implement a
recapitalization of Planet Hollywood (or similar transaction) in which no
"person" (as hereinabove defined) acquired 50% or more of the combined voting
power of Planet Hollywood's then outstanding securities; or

                           (iv) the stockholders of Planet Hollywood approve a
plan of complete liquidation of Planet Hollywood or an agreement for the sale or
disposition by Planet Hollywood of all or substantially all of Planet
Hollywood's assets (or any transaction having a similar effect).

                  (g) Participant Rights. No Participant shall have any claim to
be granted any Award under the Plan, and there is no obligation for uniformity
of treatment for Participants. Except as provided specifically herein, a
Participant or a transferee of an Award shall have no rights as a stockholder
with respect to any shares covered by any Award until the date of the issuance
of a Stock certificate to him for such shares.

                  (h) Unfunded Status of Awards. The Plan is intended to
constitute an "unfunded" plan for incentive and deferred compensation. With
respect to any payments not yet made to a Participant pursuant to an Award,
nothing contained in the Plan or any Award shall give any such Participant any
rights that are greater than those of a general creditor of the Company.

                  (i) No Fractional Shares. No fractional shares of Stock shall
be issued or delivered pursuant to the Plan or any Award. The Committee shall
determine whether cash, other Awards, or other property shall be issued or paid
in lieu of such fractional shares or whether such fractional shares or any
rights thereto shall be forfeited or otherwise eliminated.

                  (j) Governing Law. The Plan and all determinations made and
actions taken pursuant hereto shall be governed by the laws of the State of
Delaware without giving effect to the conflict or choice of law rule or
principle that might otherwise refer construction or interpretation of the Plan
to the substantive law of another jurisdiction.

                  (k) Effective Date. The Plan shall take effect upon the
"Effective Date" of the Plan of Reorganization (as such term is defined
therein).

                  (l) Beneficiary. A Participant may file with the Committee a
written designation of a beneficiary on such form as may be prescribed by the
Committee and may, from time to time, amend or revoke such designation. If no
designated beneficiary survives the Participant, the executor or administrator
of the Participant's estate shall be deemed to be the grantee's beneficiary.

                                 Page 12 of 12EXHIBIT 10.1

                    AMENDED AND RESTATED EMPLOYMENT AGREEMENT

                  THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (the
"Agreement"), dated as of the 12th day of May, 2000, by and between
BarPoint.com, Inc. (the "Company") with an address at One East Broward
Boulevard, Suite 410, Ft. Lauderdale, Fl. 33301 and John C. Macatee ("Macatee")
residing at 18800 Long Lake Drive, Boca Raton, Florida 33496. WHEREAS, Macatee
and the Company have agreed that Macatee shall continue to render services to
the Company in the capacity of President and Chief Executive Officer pursuant to
the terms of that certain Employment Agreement, dated as of the 24th day of
March 2000; and

                  WHEREAS, the Board of Directors of the Company amended the
terms of that certain Employment Agreement, as of the 4th day of April 2000; and

                  NOW THEREFORE, in consideration of the premises and of the
mutual agreements herein set forth, the parties hereto have agreed and do hereby
mutually agree as follows:

                  1. EMPLOYMENT TERM: The term of this Agreement shall commence
on the date hereof and shall expire two years thereafter (the "Employment
Period"), subject to the provisions

                                       1
<PAGE>

of Section 5;however, the employment term shall automatically be extended for an
additional year on each anniversary date unless Macatee or the Company delivers
written notice of their intent not to renew the Employment Agreement . Macatee
or the Company shall deliver to the other written notice of their intent not to
renew the Employment Agreement within 30 days prior to the end of each one year
term.

                  2. DUTIES OF EXECUTIVE: Macatee shall serve as President and
Chief Executive Officer of the Company and shall be required to perform such
duties as may from time to time be required by the Board of Directors of the
Company. Macatee shall also serve on the Board of Directors of the Company, if
so elected, at no additional compensation. Macatee hereby agrees that, during
the term of his employment hereunder, he shall devote such time as is reasonably
necessary to perform his duties pursuant to the terms of this Agreement.

                  3.  COMPENSATION:

                  (a) As compensation for his services hereunder, the Company
shall pay Macatee, during the Employment Period, a base salary ("Base Salary")
payable as follows:

                       (i)  Four Hundred Thousand Dollars ($400,000.00) for the
                            first year;

                       (ii) Four Hundred Fifty Thousand Dollars ($450,000.00)
                            for the second year;

         The foregoing compensation shall be payable in installments according
to the Company's regular payroll practices and subject to such deductions as may
be required by law.

                  (b) Macatee shall also receive a bonus based upon a bonus plan
to be established

                                       2
<PAGE>

for executive officers of the Company, in each fiscal year during the Employment
Period, payable as determined in the bonus plan.

                  (c) In each fiscal year during the Employment Period, the
Company may contribute to an annuity or pension plan of Macatee, which annuity
or pension plan shall be designated by Macatee.

                  (d) The Company may withhold from payments of Macatee salary
amounts required to be withheld by the Company from time to time such salary
under applicable Federal, State, and local laws and regulations then in effect.

                  (e) Upon submission of written statements and bills in
accordance with the then regular procedures of the Company, Macatee shall be
entitled to reimbursement for reasonable out-of-pocket expenses necessarily
incurred in the performance of his duties hereunder, including, but not limited
to, reimbursement for travel and car expenses. A Company credit card will also
be made available to Macatee. In addition, Macatee shall also be entitled to a
monthly car allowance of $750.00, plus cost of insurance and maintenance.

                  4.   EMPLOYEE BENEFITS:

                  (a) Macatee shall be included to the extent eligible there
under (at the expense of the Company, if appropriate) in any and all existing
plans (and any plans which may be adopted in the future) providing benefits for
the Company's employees generally, including, but not limited to, group life and
disability insurance, hospitalization, medical, vacation, retirement,

                                       3
<PAGE>

stock option plans and any and all similar or comparable benefits.

                  (b) Due to the fact that the Company's success is dependent
upon the activities of Macatee, the Company will provide keyman insurance on the
life of Mr. Macatee in the amount of $1,000,000.00 and Macatee will cooperate in
obtaining and maintaining such policy.

                  (c) Macatee shall be awarded options to purchase 300,000
shares of the Company Common Stock, exercisable at $12.75 per share. Such
options shall be for a five year term and shall vest as follows: (i) 100,000
shares after the first year of employment; and (ii) 100,000 shares after the
second year of employment; and (iii) 100,000 shares after the third year of
employment if Macatee is still employed by the Company.

                  5.   TERMINATION:

                  (a) The Company may terminate Macatee's employment hereunder
at any time for cause only by written notice but only after a decision by the
Board of Directors of the Company which is communicated to Macatee in writing
thirty (30) days prior to the effective date of termination; PROVIDED HOWEVER,
that the Company pays to Macatee a severance payment equal to the aggregate Base
Salary otherwise owed to him over the remaining term of the Employment Period
and allow Macatee to retain any options granted under any option plan granted to
him notwithstanding the fact that such options may not be vested and/or
exercisable at the time of termination under this Section 5(a).

                                       4
<PAGE>

                  (b)   For purposes of this Agreement "For Cause" shall mean:

                       (i)     Deliberate misappropriating any funds or
                               properties of the Company;

                       (ii)    Gross mismanagement of the Company;

                       (iii)   Material fraud or willful and material misconduct
                               with respect to performance of his duties under
                               this Agreement; or

                       (iv)    Material breach of any material fiduciary duty to
                               the Company; or material breach of his
                               obligations under this Agreement; or chronic
                               neglect of his duties or chronic failure to act
                               with respect to his duties as determined by the
                               Board of Directors.

                  (c) In the event Macatee is not nominated or re-elected to
serve as a member of the Board of Directors during the Employment Period, either
party may terminate this Agreement and Macatee shall be entitled to continue to
receive his Base Salary as set forth in Section 3(a) above for the remainder of
the Employment Period and retain any options granted under any option plan
notwithstanding the fact that such options may not be vested and/or exercisable
at the time of termination under this Section 5(c).

                  (d) In the event that Macatee dies or becomes disabled so as
not to be able to perform his duties as set forth herein for a period exceeding
twelve (12) months, this Agreement shall terminate (as permissible under the
Americans with Disabilities Act) and no further compensation shall be payable to
Macatee, except as may otherwise be provided under any insurance policy,
employee benefit plan, or similar instrument; PROVIDED HOWEVER, that during any
such period of disability, Macatee shall be entitled to his base salary as
provided

                                       5
<PAGE>

under Section 3(a) for a period not to exceed twelve (12) months.

<PAGE>

                  6. COVENANT NOT TO COMPETE: Macatee represents himself as
having non Non-Compete Agreement(s) or restrictive covenant(s) with any current
or former employer(s) and no conflict(s) of interest, which would preclude
Macatee from entering into this Agreement with the Company.

                  The parties agree that the Company has a legitimate business
interest, including, but not limited to: (1) trade secrets, which include but
are not limited to, intellectual properties, client lists, customer lists,
vendor lists, and marketing programs developed by and unique to the Company; (2)
valuable confidential business or professional information that otherwise does
not qualify as trade secrets: (3) substantial relationship with specific
prospective or existing clients and vendors or suppliers; (4) client, vendor and
supplier goodwill associated with an ongoing business by way of the name
BarPoint.com, Inc. located throughout the United States, five (5) extraordinary
or specialized training in the technology, computer technical science field, and
(6) the assets, corporate shares, investments and equity interests of the
Company.

                                       6
<PAGE>

                  The parties further agree that the Company has a reasonable
legitimate business interest and a protectable interest in the right to prevent
direct and indirect solicitation of existing clients and business relationships
and investment in extraordinary training of its current employees.

         In view of the foregoing, Macatee's employment by the Company in a very
skilled highly valued position within its highly specialized organization and
the payment of compensation listed herein and other valuable consideration, it
is further mutually agreed as follows:

                  (a) Macatee recognizes and acknowledges, as aforesaid, that
the Company has made a substantial investment in time and expense in its highly
specialized business and that the very nature of Macatee's position will enable
Macatee to obtain and become familiar with certain trade secrets, confidential
information concerning business techniques, methodologies, marketing efforts,
highly specialized employee training, intellectual properties vendor lists other
lists and client relationships of the Company.

                  (b) Because of the competitive environment in which the
Company must conduct its business, Macatee agrees and understands that material
and irreparable injury would be done

                                       7
<PAGE>

to the Company if Macatee should violate the said legitimate business interest
and protectable interest, or assist competitors, or engage in solicitation of
existing clients or business relationships.

                  (c) Macatee will not, during his employment with the Company
or any time thereafter, use, offer, disclose or divulge by any means, directly
or indirectly, any of the trade secrets, confidential information, vendor lists
or client lists of the Company. Macatee further agrees that during his
employment with the Company or prior to the later of: (i) termination of his
employment with the Company; or (ii) the due date of his final payment of salary
due hereunder, he will not engage in solicitation of existing client lists and
vendor lists of the Company, which are the property of the Company and which
Macatee acquired knowledge of in the course of and by virtue of his employment
with the Company, to any corporation, firm, person, partnership, associations or
other business entity, or use such information in any manner contrary to this
Agreement.

                  The parties agree that the foregoing is reasonable.

                                       8
<PAGE>

                  (d) Macatee agrees that, commencing the date hereof and
continuing until the later of: (i) one year after the termination of his
employment with the Company; or (ii) the due date of his final payment of salary
due hereunder, he will not, except on behalf of the Company or with the written
consent of the Company (i) engage in any business activity in the United States,
directly or indirectly, on his own behalf or as partner, stockholder (except by
ownership of less than ten percent (10%) of the outstanding stock of a
publicly-held corporation), director, trustee, principal, agent, employee,
consultant or otherwise of any person, firm or corporation which then is
competitive with an activity in which the Company or any parent or subsidiary of
the Company is then engaged at the time; (ii) allow the use of his name by or in
connection with any business activity which then is principally competitive with
any activity in which the Company or any of its parents or subsidiaries is then
engaged; or (iii) offer employment to or employ, for himself or on behalf of any
then competitor of the Company or any of its parents or subsidiaries, any
persons who at any time within the prior six (6) months shall have been employed
by the Company or any parent or subsidiary of the Company.

                                       9
<PAGE>

                  (e) Macatee agrees that he shall offer in writing to the
Company all business deals that concern computer science and/or internet
technology and shall not participate in those deals personally or through any
agent, trust, family member, or other vehicle without the express written
permission of the Company with the understanding that the Company shall have the
right to participate.

                  7. DEFAULT - REMEDIES: In the event of proof of breach by
Macatee, of any provisions of this Agreement or any duty Macatee may owe to the
Company, the Company shall be entitled to pursue any remedy at law or equity,
and shall specifically at any time have the right to terminate any further
payments of any kind or nature to be made under this Agreement.

                  Macatee acknowledges and agrees that, in the event of his
breach of any of the provisions of this Agreement, the Company will be
irreparably injured and that damages will be difficult if not impossible to
measure and, accordingly, the Company shall be entitled to injunctive relief and
to any other remedies available in equity or law, including court costs and
expenses, taxable or otherwise, reasonably necessary in preparing for, seeking
or obtaining abatement of or an injunction against such action or proceeding, or
in enforcing this Agreement,

                                       10
<PAGE>

or in establishing or maintaining the applicability
of, or validity of, this Agreement, or any provision thereof, and in prosecuting
any counterclaim or cross-complaint based thereon, or any other matter as
ordered by a court of competent jurisdiction to enforce the provisions of this
Agreement.

                  8. CONFIDENTIAL INFORMATION: Except as otherwise required by
law, Macatee shall not disclose or use at any time, except as part of his
employment by the Company, either during or subsequent to such employment, any
secret or confidential information or knowledge obtained by Macatee while
employed by the Company. Without limiting the generality of the foregoing,
Macatee shall not disclose or use any information pertaining to the business of
the Company or any parent or subsidiary of the Company, including, but not
limited to, profit figures, names of or relationships with customers or
advertisers, or the terms of any contracts to which it or they may be a party.
The obligation imposed by this Section 8 shall survive the expiration or other
termination of this Agreement.

                  9. SURRENDER OF DOCUMENTS: If Macatee voluntarily resigns or
is terminated

                                       11
<PAGE>

with or without cause or due to the sale of the Company, or at any
time prior thereto, Macatee agrees that he will cooperate fully with the Company
on any or all of the following matters:

                       (a) promptly return and surrender to the Company or its
                           nominee, all books, records, documents, or other
                           property belonging to the Company and/or its
                           affiliates;

                       (b) promptly return and surrender to the Company or its
                           nominee, any document, memorandum, record, letter,
                           specification or other paper in his possession or
                           under his control relating to the operations,
                           business, customers, or affairs of the Company or its
                           affiliates; and

                       (c) provide the Company with all necessary information
                           related to the completion and/or orderly transfer of
                           work in progress.

                  10. WAIVER OF BREACH: This Agreement supersedes any and all
prior agreements, understandings, and negotiations relating to the subject
matter herein and constitutes the entire agreement between the parties relating
to such subject matter. No term or condition of this Agreement may be waived,
changed, modified, extended or discharged unless in writing and signed by all
parties to this Agreement. The waiver by either the Company or Macatee of any
breach of any provision of this Agreement shall not operate or be construed as a
waiver of any subsequent breach by either the Company or Macatee.

                                       12
<PAGE>

                  11. SEVERABILITY: The invalidity or unenforceability of any
provision of this Agreement, whether in whole or in part, shall not in any way
affect the validity or enforceability of any other part of such provision or of
any provision herein contained, and any invalid or unenforceable provision or
part thereof shall be deemed severable to the extent of any such invalidity or
unenforceability. If such invalidity or unenforceability is due to the
unreasonableness of the time or geographical area covered by the covenants or
restrictions of such provision, such covenants and restrictions shall
nevertheless be effective for such period of time and for such area as may be
determined to be reasonable by a court of competent jurisdiction.

                  12. INTERPRETATION: No provision of this Agreement is to be
interpreted for or against any party because that party or that party's legal
representative drafted such provision.

                  13. ASSIGNMENT; BINDING EFFECT: This Agreement is for personal
services of Macatee and shall not be assignable by the Company. This Agreement
shall not be assignable in whole or in part by Macatee, except that Macatee may
assign the Agreement to any successor in interest to the Company's business. The
rights and obligations of the parties shall inure to the

                                       13
<PAGE>

benefit of, and be binding upon, their respective heirs, personal
representatives, successors and assigns.

                  14.  NOTICES:

                  (a) All notices, requests, demands, and other communications
hereunder must be in writing and shall be deemed to have been given if delivered
by hand or mailed within the continental United States by first class, certified
mail, return receipt requested, postage and registry fees prepaid, or sent by
telecopier (with receipt confirmation), to the applicable party and addressed as
follows:

                       (i)  if to the Company at the address set forth above.

                       (ii) if to Macatee at the address set forth above.

                  (b) Any notice or other communication given by certified mail
shall be deemed given at the time of certification thereof, except for a notice
changing a party's address which shall be deemed given at the time of receipt
thereof. Any notice or other communication sent by telecopier transmission shall
be deemed given at the time of written confirmation of receipt.

                  15. BACKGROUND INVESTIGATION. This Agreement shall become
effective immediately but is subject to a thorough and timely background
investigation on Macatee. Timely shall mean that said background check shall be
completed within 15 business days from the date of execution of Agreement. In
the event that the background check reveals anything

                                       14
<PAGE>

materially adverse about Macatee, the company shall have the right to deem the
Agreement as null and void.

                  16. CHANGE OF CONTROL. In the event the Company enters into a
"change of control" agreement with its senior executives, Macatee shall be
included in said "change of control" agreement.

                  17. ENTIRE AGREEMENT OF THE PARTIES: This Agreement expresses
the entire agreement of the parties, and all promises, representations,
understandings, arrangements and prior agreements are merged herein and
superseded hereby. No person, other than pursuant to a resolution of the Board,
shall have any authority on behalf of the Company to agree to modify or change
this Agreement or anything in reference thereto, and any such modification or
change must be in writing and signed by both parties hereto.

                  18. LAWS GOVERNING: This Agreement has been entered into in
the State of Florida and shall be construed, interpreted and governed in
accordance with the laws of the State

                                       15
<PAGE>

of Florida without regard to the choice of laws provisions thereof.

                  19. COUNTERPARTS: This Agreement may be executed in one or
more counterparts, each of which shall be deemed an original, but all of which
together shall constitute but one document.

                                       16
<PAGE>

         IN WITNESS WHEREOF, the Company has caused this Agreement to be
executed by its duly authorized officer, and Macatee has hereunto set his hand
as of the day and year first above written.

                                                  BarPoint.com, Inc.

                                                  By:  /S/ LEIGH M. ROTHSCHILD
                                                      ------------------------
                                                  Name: Leigh M. Rothschild
                                                  Title: Chairman
                                          Date:

Accepted and Agreed

By: /S/ JOHN C. MACATEE
    -------------------
Name: John C. Macatee
Date:

                                       17

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