Document:

<PAGE>

                                                                     EXHIBIT 4.2

                             [CERTIFICATE OF STOCK]

CLASS A COMMON STOCK                                        CLASS A COMMON STOCK
  PAR VALUE $.001                                             PAR VALUE $.001

      NUMBER                                                       SHARES
    [        ]                                                   [        ]

                  [ACCESS INTEGRATED TECHNOLOGIES, INC. LOGO]

                                                              CUSIP 004329 10 8

                                                               SEE REVERSE FOR
                                                             CERTAIN DEFINITIONS

              INCORPORATED UNDER THE LAWS OF THE STATE OF DELAWARE

THIS CERTIFIES THAT

IS THE OWNER OF

         FULLY PAID AND NONASSESSABLE SHARES OF CLASS A COMMON STOCK OF

Access Integrated Technologies, Inc., a Delaware corporation (hereinafter
referred to as the "Corporation"), transferable on the books of the Corporation
by the holder hereof in person or by duly authorized attorney, upon surrender of
this Certificate properly endorsed. This Certificate and the shares represented
hereby are issued and shall be subject to all of the provisions of the
Certificate of Incorporation and By-Laws of the Corporation, as from time to
time amended, to all of which the holder of this Certificate by acceptance
hereof assents. This Certificate is not valid unless countersigned and
registered by the Transfer Agent and Registrar.

      Witness the facsimile seal of the Corporation and the facsimile signatures
of its duly authorized officers.

Dated:

  GARY S. LOFFREDO                                            A.J. MAYO
  ----------------                                            ---------
     Secretary                                         Chief Executive Officer

               [CORPORATE SEAL OF ACCESS INTEGRATED TECHNOLOGIES]

Countersigned and Registered:

     AMERICAN STOCK TRANSFER & TRUST COMPANY
                 (New York, NY)        Transfer Agent
                                       and Registrar
By

                                 Authorized Signature

================================================================================
--------------------------------------  ----------------------------------------
     AMERICAN BANK NOTE COMPANY                  PRODUCTION COORDINATOR:
         711 ARMSTRONG LANE                   VERONICA GLIATTI 931-490-1706
      COLUMBIA, TENNESSEE 38401                 PROOF OF OCTOBER 30, 2003
           (931) 388-3003                  ACCESS INTEGRATED TECHNOLOGIES, INC.
                                                      TSB 13536 Face
--------------------------------------  ----------------------------------------
SALES: J. NAPOLITANO 212-269-0339 X 14       OPERATOR:         TERESA / Ron
--------------------------------------  ----------------------------------------
/ ETHER 13 / LIVE JOBS / A / ACCESS /                    Rev. 2
             13536 FACE
--------------------------------------  ----------------------------------------

NOTE: Signature of secretary to come.

Colors selected for printing: Logo prints in PMS 1375, black and 4 color process
colors. The curve and globe of company logo contain embedded files that are not
changeable to PMS colors. Intaglio prints in SC-7.

COLOR: This proof was printed from a digital file or artwork on a graphics
quality, color laser printer. It is a good representation of the color as it
will appear on the final product. However, it is not an exact color rendition,
and the final printed product may appear slightly different from the proof due
to the difference between the dyes and printing ink.

PLEASE INITIAL THE APPROPRIATE SELECTION FOR THIS PROOF: _____OK AS IS
_____OK WITH CHANGES _____MAKE CHANGES AND SEND ANOTHER PROOF

<PAGE>

      THE CORPORATION WILL FURNISH WITHOUT CHARGE TO EACH STOCKHOLDER WHO SO
REQUESTS THE POWERS, DESIGNATIONS, PREFERENCES AND RELATIVE PARTICIPATING,
OPTIONAL OR OTHER SPECIAL RIGHTS OF EACH CLASS OF STOCK OR SERIES THEREOF OF THE
CORPORATION, AND THE QUALIFICATIONS, LIMITATIONS OR RESTRICTIONS OF SUCH
PREFERENCES AND/OR RIGHTS. SUCH REQUEST SHOULD BE MADE TO THE CORPORATION.

      The following abbreviations, when used in the inscription on the face of
this certificate, shall be construed as though they were written out in full
according to applicable laws or regulations:

<TABLE>
<S>                                                     <C>
TEN COM - as tenants in common                          UNIF GIFT MIN ACT-  ___________ Custodian ___________
TEN ENT - as tenants by the entireties                                         (Cust)               (Minor)
JT TEN  - as joint tenants with right of                                    under Uniform Gifts to Minors
          survivorship and not as tenants                                   Act __________________
          in common                                                                   (State)
</TABLE>

     Additional abbreviations may also be used though not in the above list.

     For value received, _________________ hereby sell, assign and transfer unto

PLEASE INSERT SOCIAL SECURITY OR OTHER
   IDENTIFYING NUMBER OF ASSIGNEE
---------------------------------------
|_____________________________________| ________________________________________

________________________________________________________________________________
PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS INCLUDING POSTAL ZIP CODE OF ASSIGNEE

________________________________________________________________________________

________________________________________________________________________________

_________________________________________________________________________ Shares

of the common stock represented by the within Certificate, and do hereby

irrevocably constitute and appoint _____________________________________________

Attorney to transfer the said stock on the books of the within-named Corporation

with full power of substitution in the premises.

Dated, ______________________

                         NOTICE:

                    THE SIGNATURE(S) TO
                    THIS ASSIGNMENT MUST        X
                    CORRESPOND WITH THE          -------------------------------
                    NAME(S) AS WRITTEN                     (SIGNATURE)
                    UPON THE FACE OF THE  ---->
                    CERTIFICATE IN EVERY        X
                    PARTICULAR WITHOUT           -------------------------------
                    ALTERATION OR                          (SIGNATURE)
                    ENLARGEMENT OR ANY
                    CHANGE WHATEVER.

                                                --------------------------------
                                                THE SIGNATURE(S) MUST BE
                                                GUARANTEED BY AN ELIGIBLE
                                                GUARANTOR INSTITUTION (BANKS,
                                                STOCKBROKERS, SAVINGS AND LOAN
                                                ASSOCIATIONS AND CREDIT UNIONS
                                                WITH MEMBERSHIP IN AN APPROVED
                                                SIGNATURE GUARANTEE MEDALLION
                                                PROGRAM), PURSUANT TO S.E.C.
                                                RULE 17Ad-15.
                                                --------------------------------
                                                SIGNATURE(S) GUARANTEED BY:

                                                --------------------------------

================================================================================
--------------------------------------  ----------------------------------------
     AMERICAN BANK NOTE COMPANY                  PRODUCTION COORDINATOR:
         711 ARMSTRONG LANE                   VERONICA GLIATTI 931-490-1706
      COLUMBIA, TENNESSEE 38401                 PROOF OF OCTOBER 21, 2003
           (931) 388-3003                  ACCESS INTEGRATED TECHNOLOGIES, INC.
                                                      TSB 13536 BACK
--------------------------------------  ----------------------------------------
SALES: J. NAPOLITANO 212-269-0339 X 14         OPERATOR:         TERESA
--------------------------------------  ----------------------------------------
/ ETHER 13 / LIVE JOBS / A / ACCESS /                      NEW
             13536 BACK
--------------------------------------  ----------------------------------------

PLEASE INITIAL THE APPROPRIATE SELECTION FOR THIS PROOF: _____OK AS IS
_____OK WITH CHANGES _____MAKE CHANGES AND SEND ANOTHER PROOF<PAGE>
                                                                     EXHIBIT 4.7

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

                      ACCESS INTEGRATED TECHNOLOGIES, INC.
                             SECURED PROMISSORY NOTE

$3,625,000                                                    New York, New York
                                                  Dated as of:  November 3, 2003

         For value received, the undersigned, Access Integrated Technologies,
Inc., a Delaware corporation ("AIT"), whose principal place of business is
located at 55 Madison Avenue, Suite 119, Morristown, New Jersey 07960, hereby
promises to pay, subject to the terms and conditions herein, to David Gajda (the
"Holder") the principal amount of Three Million Six Hundred Twenty-Five Thousand
Dollars ($3,625,000).

         This note is one of the Closing Notes referred to in that certain
Amendment No. 1 to Stock Purchase Agreement, dated as of November 3, 2003,
between and among AIT, Hollywood Software, Inc., a California corporation, David
Gajda, Robert Jackovich and Joseph Gunnar & Co., LLC, a New York limited
liability company ("Amendment No. 1"). This note is secured as provided in that
certain Initial Pledge and Security Agreement of even date herewith, by and
among AIT, David Gajda and Robert Jackovich. All capitalized terms not defined
herein shall have the meanings ascribed to them in Amendment No. 1.

         This note shall mature upon the earlier of the Effective Time or the
occurrence of a Rescission Event.

         Prior to the Effective Time, AIT hereby promises to deliver, subject to
the completion of the IPO, to the Holder the Consideration Exchange Deliveries.

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

<PAGE>

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

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

         The failure on the part of the Holder to at any time enforce any of the
provisions of this note shall not be deemed or construed to be a waiver of any
such provisions, nor in any way to affect the validity of this note or any
provision hereof or the right of the Holder to thereafter enforce each and every
provision of this note. No waiver of any breach of any of the provisions of this
note shall be effective unless set forth in a written instrument executed by the
party against which enforcement of such waiver is sought; and no waiver of any
such breach shall be construed or deemed to be a waiver of any other or
subsequent breach. This note shall not be assigned or transferred by the Holder
without the prior written consent of AIT.

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

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

                                       2
<PAGE>

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

                                      ACCESS INTEGRATED TECHNOLOGIES, INC.

                                      By: /s/ A. Dale Mayo
                                          --------------------------------------
                                          A. Dale Mayo
                                          President and Chief Executive Officer

                                       3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00057-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00057-of-00352.parquet"}]]