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  Exhibit 10.5.1    
    

 AMENDMENT TO

EXHIBITOR SERVICES AGREEMENT  

        This AMENDMENT TO EXHIBITOR SERVICES AGREEMENT (this
"Amendment"), dated as of November 5, 2008, is between REGAL CINEMAS, INC., a Tennessee
corporation ("Regal"), and NATIONAL CINEMEDIA, LLC, a Delaware limited liability company
("LLC"). 

 RECITALS  

        WHEREAS, Regal and LLC have entered into the Exhibitor Services Agreement dated
as of February 13, 2007 (the "Agreement"); and 

        WHEREAS, Regal and LLC desire to provide for certain amendments to the Agreement specified herein. 

        NOW, THEREFORE, in consideration of the promises made hereunder, and for good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows: 

        Section 1.    Definitions.    Unless otherwise expressly defined herein, all capitalized terms used herein and
defined in the Agreement shall be used herein as so defined. 

        Section 2.    Amendment to Article 1—Definitions.    Section 1.01 of the Agreement is
hereby amended by adding the following definition of "Major Distributor" immediately after the definition of "Loews Theatres" contained therein: 

        "Major Distributor" means each of Twentieth Century Fox Film Corporation, Universal City Studios LLP, Warner Bros.
Entertainment Inc., Sony Pictures Entertainment, Inc., Paramount Pictures Corporation, The Walt Disney Company, and DreamWorks Animation SKG Inc. unless at least a majority
of DreamWorks Animation SKG Inc.'s films are being distributed by Paramount Pictures Corporation, including any of their respective releasing or distributing subsidiaries and any person
or entity that is the legal successor of any of the foregoing named entities or becomes the owner of all or substantially all of the motion picture production and/or distribution business thereof." 

        Section 3.    Amendment to Article 2—Participation and Fees.    Section 2.04 of the
Agreement is hereby amended by deleting the second sentence contained therein and substituting the following: 

        "Except
as expressly provided in this Agreement, (i) during the Term, Regal shall neither engage nor permit a third party (excluding third party designees of LLC as
provided hereunder) to provide, or itself provide, to a Theatre any of the services specifically set forth in the definition of "Advertising Service" set forth in Part A of  Exhibit A,
(ii) during the Meeting Services Term, Regal shall neither engage nor permit a third party (excluding third party designees
of LLC as provided hereunder) to provide, or itself provide, to a Theatre any of the services specifically set forth in the definition of "Meeting Services" set forth in Part C of  Exhibit A, and (iii) during the Digital Programming Term, Regal shall neither engage nor permit a third party (excluding third party
designees of LLC as provided hereunder) to provide, or itself provide, to a Theatre any of the services specifically set forth in the definition of "Digital Programming Services" set forth in
Part B of Exhibit A; provided that if a Major Distributor seeks to provide Theatres with
Digital Programming Services ("Major Studio Digital Programming Services"), then notwithstanding clause (iii) above, Regal will be permitted to arrange for such Major Distributor to provide
such services to Regal provided that Regal complies with the revenue share requirements set forth in Section 1 of Part C of  Exhibit B. 

 

        Section 4.    Amendment to Article 4—Delivery of the Service.    Section 4.l3(b) of
the Agreement is hereby amended by deleting the third sentence contained therein and substituting the following: 

        "Notwithstanding
the foregoing, all IMAX Screens will be subject to the exclusivity obligations of Regal, as set forth in Section 2.04 to the same extent as a Theatre
hereunder (including the application of the proviso set forth in clause (iii) contained in the second sentence thereof (as amended by Section 3 of the Amendment dated November 5,
2008) to all such Imax Screens)." 

        Section 5.    Amendment to Article 6—Digital Programming Services and Meeting
Services.    (a) Section 6.01 of the Agreement is hereby amended by deleting the first sentence contained therein and substituting the following: 

        "All
Digitized Theatres with the necessary equipment to exhibit an event are available for Digital Programming Services either automatically or subject to Regal's approval, based on
criteria specified in Exhibit B." 

        (b)   Section 6.05
of the Agreement is hereby amended by deleting the first sentence contained therein and substituting the following: 

        "Regal
will submit to LLC for consideration by LLC any event opportunities that are identified by or presented to Regal and that would ordinarily fall within the definition
of Digital Programming Services and Meeting Services; provided that such obligation shall not apply to Major Distributor Digital Programming Services." 

        Section 6.    Amendment to Schedule 1—Calculation of Exhibitor Allocation, Theatre Access Fee and Run-Out
Obligations.    Schedule 1 of the Agreement is hereby amended by deleting the definition of "Digital Programming EBITDA" contained therein and substituting the
following: 

        " "Digital Programming EBITDA" means, for the applicable measurement period, the portion of LLC EBITDA attributable to
the Digital Programming Services business line, as reasonably determined by LLC based upon the revenues for Digital Programming Services and an estimated allocation of expenses for such period,  provided
that to the extent that the portion of LLC EBITDA attributable to the Digital Programming Services business line includes any
MDDPS Revenue (as defined in Section 1
of Part C of Exhibit B), then, for the purpose of determining whether LLC has met the Digital Programming EBITDA Threshold pursuant
to Section 9.01(b), Digital Programming EBITDA shall only include 15% of such MDDPS Revenue." 

        Section 7.    Amendment to Exhibit A—The Service.    (a) Part B of  Exhibit A of the Agreement is hereby amended
by deleting the definition of "Digital Programming Services" contained therein and substituting the
following: 

        "Digital Programming Services" means the distribution and broadcast, or rebroadcast, of a live event or substantially live event (such as
sports, music and comedy events), other than the Pre-Feature Program, the Digital Carousel and the Video Display Program, and the exhibition thereof. "Digital Programming Services" shall
not include the distribution, broadcast and/or exhibition of (i) feature films or Trailers, (ii) digital feature film content ("Digital Films") or Trailers or (iii) any form of
content which is booked in the majority of Theatres exhibiting such content for at least seven (7) consecutive days; provided, that the exception
set forth in this clause (iii) shall not apply to (x) live events or (y) content distributed by the persons set forth on Schedule 1 to  Exhibit A. Notwithstanding the foregoing,
 LLC may distribute Digital Films or Trailers across the Digital Content Network upon the prior
written approval of Regal." 

        (b)   Exhibit A of the Agreement is hereby amended by adding Schedule 1 attached to this Amendment
to Exhibit A. Such schedule shall be referred to in the Agreement as Schedule 1 to Exhibit A. 

2

 

        Section 8.    Amendment to Exhibit B.    Section 1 (Revenue Share) of Part C (Digital
Programming) of Exhibit B of the Agreement is hereby amended by deleting the first paragraph contained therein and substituting the following: 

        "Regal
will retain 15% of Net Ticket Revenue for tickets sold pursuant to Digital Programming Services and 100% of all Concession sales. If Regal receives Major Distributor Digital
Programming Services as permitted by the first proviso of the second sentence of Section 2.04, then Regal shall pay LLC the amounts set forth below: 

        A.    With
respect to content provided as a part of Major Distributor Digital Programming Services which is exhibited during any Monday through Thursday during
non-Digital Event Peak Season, Regal will pay LLC 20% of Net Ticket Revenue for tickets sold pursuant to such Major
Distributor Digital Programming Services (such payment, "Non-Peak MDDPS Revenue"). 

        B.    With
respect to content provided as a part of Major Distributor Digital Programming Services that is exhibited during any period other than Monday through Thursday during
non-Digital Event Peak Season, Regal will pay LLC 5% of Net Ticket Revenue for tickets sold pursuant to such Major Distributor Digital Programming Services (such payment, "Peak
MDDPS Revenue" and together with Non-Peak MDDPS Revenue, "MDDPS Revenue"). 

"Net
Ticket Revenue" means all ticket revenue, net of taxes and refunds, excluding "Comp Passes" distributed for marketing purposes, which shall not exceed 25 per Theatre. If Comp Passes exceed
25 per Theatre, then (i) with respect to Digital Programming Services, LLC shall reimburse Regal Net Ticket Revenue for such Comp Passes exceeding 25 per Theatre and
(ii) with respect to Major Distributor Digital Programming Services, Regal shall pay LLC LLC's share of Net Ticket Revenue for such Comp Passes exceeding 25 per Theatre." 

        Section 9.    Limited Effect.    This Amendment relates only to the specific matters expressly covered herein,
shall not be considered to be a waiver of any rights or remedies either Party may have under the Agreement, and shall not be considered to create a course of dealing or to otherwise obligate in any
respect either Party to execute similar or other amendments under the same or similar or other circumstances in the future. Except as expressly amended hereby, the Agreement shall remain in full force
and effect, and is hereby ratified and confirmed. 

        IN WITNESS WHEREOF, the Parties hereto have caused this Amendment to be executed by their respective officers thereunto duly authorized,
as of the date first above written. 

				
	 	REGAL CINEMAS, INC.
	
 	
 By	
 	
/s/ MICHAEL L. CAMPBELL

 
	 	Name: Michael L. Campbell

Title: Chief Executive Officer
	
 	
NATIONAL CINEMEDIA, LLC

by NATIONAL CINEMEDIA, INC., ITS MANAGER
	
 	
 By:	
 	
/s/ KURT C. HALL

 
	 	Name: Kurt C. Hall

Title: Chairman and Chief Executive Officer

3

 
 SCHEDULE 1 TO EXHIBIT B  

			
	Event Name

 
	 	Distributor 
	Metropolitan Opera	 	Metropolitan Opera
	DCI Classic Countdown	 	Drum Corps International
	Linkin Park	 	Warner Bros Records & AEG
	DCI Live Quarterfinals	 	Drum Corps International
	David Gilmour	 	Sony/BMG
	Garth Brooks	 	AEG
	Garth Brooks (Encore)	 	AEG
	St. Olaf	 	St. Olaf College
	Celine Dion	 	AEG
	Travis Pastrana	 	Wasserman Media Group
	This American Life	 	Chicago Public Radio/By Experience
	Glenn Beck	 	Mercury Radio Arts

4

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 Exhibit 10.9.4  

 Grant No.:                         

 
 

  REGAL ENTERTAINMENT GROUP
  2002 STOCK INCENTIVE PLAN, AS AMENDED
  PERFORMANCE SHARE AGREEMENT    
    

        Regal Entertainment Group, a Delaware corporation (the "Company"), hereby grants performance shares relating to restricted shares of
its class A common stock, $.001 par value (the "Common Stock"), to the Grantee named below, the shares of restricted stock subject thereto being subject to achieving the performance criteria
and the vesting conditions set forth in the attached agreement (the "Agreement"). Additional terms and conditions of the grant are set forth in this cover sheet to the Agreement, in the Agreement, and
in the Company's 2002 Stock Incentive Plan, as amended (the "Plan"). 

			
	 
	 	 

	Grant Date:	 	

 

 

			
	 
	 	 

	Name of Grantee:	 	

 

Grantee's
Social Security Number:
                         -               
           -                          

			
	 
	 	 

	Maximum No. of Shares of Common Stock (150% of Target LTI (defined below)):	 	

 

 

			
	 
	 	 

	Vesting Date:	 	

 

Purchase
Price per share of Common Stock: $0.001 

        By signing this cover sheet, you agree to all of the terms and conditions described in the attached Agreement and in the Plan, a copy of which is also attached.
You acknowledge that you have carefully reviewed the Plan, and agree that the Plan will control in the event any provision of this Agreement should be or appear to be
inconsistent.

					
	 
	 	 
	 	 

	Grantee:	 	

  (Signature)
	Company:	 	By:	 	

  (Signature)

 

					
	 
	 	 
	 	 

	 	 	Name:	 	

 

 

					
	 
	 	 
	 	 

	 	 	Title:	 	

 

Attachment

This
is neither a stock certificate nor a negotiable instrument. 

 REGAL ENTERTAINMENT GROUP

2002 STOCK INCENTIVE PLAN, AS AMENDED

PERFORMANCE SHARE AGREEMENT  

			
	Award of Performance Shares/Number of Shares of Restricted Stock Issuable upon Achievement of Performance Criteria	 	This grant is an award of performance shares (the "Performance Shares") entitling the Grantee hereof to the number of shares of Common Stock to be determined as set forth below, at the Purchase Price set forth on the
cover sheet, which shares of Common Stock when issued will be subject to the vesting conditions described below (such shares when issued and subject to the vesting conditions, the "Restricted Stock"). The Purchase Price for the Performance Shares and
the Restricted Stock is deemed paid by your services to the Company.
	

 	
 	
The number of shares of Restricted Stock, if any, that may be issued pursuant to the terms of this Agreement shall be calculated based on the attainment of specified performance goals, as set forth on the attached
Exhibit A, by the third anniversary of the Grant Date (the "Calculation Date"). The maximum number of shares of Restricted Stock that may be issued to you hereunder shall be as set forth on the
cover sheet, which number has been determined by
multiplying                                    shares (such number of
shares, your "Target Long Term Incentive" or "Target LTI") by 150%.
	
Nontransferability and Forfeiture	
 	
Neither your Performance Shares granted hereby nor any shares of Restricted Stock issued hereunder prior to the vesting thereof may be transferred, assigned, pledged or hypothecated, whether by operation of law or
otherwise, nor may your Performance Shares or shares of Restricted Stock, if any, be made subject to execution, attachment or similar process. If your service terminates for any reason prior to the Calculation Date, you will forfeit your Performance
Shares and not have any right to receive any Restricted Stock or Common Stock in respect of this award of Performance Shares.
	
Issuance and Vesting of Restricted Stock	
 	
The Performance Shares awarded hereby are evidenced solely by this Agreement and the cover sheet. The Company will issue any Restricted Stock earned pursuant hereto in your name as of the Calculation Date.

 

			
	 	 	Except as otherwise set forth herein, your right to the Common Stock, after the issuance of the Restricted Stock as of the Calculation Date pursuant to this grant, vests as to 100% of the total number of shares of
Restricted Stock issued pursuant to this grant
on                                    , provided you then continue in
service (the "Vesting Date"). If the Vesting Date would otherwise occur during a period in which you are: (a) subject to a lock-up agreement restricting your ability to sell shares of Common Stock in the open market or (b) restricted from
selling shares of Common Stock in the open market because you are not then eligible to sell under the Company's insider trading or similar plan as then in effect (whether because a trading window is not open or you are otherwise restricted from
trading), the Vesting Date will be delayed until the first date on which you are no longer prohibited from selling shares of Common Stock due to a lock-up agreement or insider trading plan restriction; provided, however, you shall not be deemed to be
restricted pursuant to subparagraph (b) above if you have in place at the Vesting Date an enforceable 10b5-1 trading plan. You cannot vest in more than the number of shares covered by this grant.
	
Book Entry Restrictions/Escrow	
 	
Any Restricted Stock issued hereunder may be issued in book entry form. In such event, the Company shall cause the transfer agent for the shares of its Common Stock to make a book entry record showing ownership for
the shares of Restricted Stock in your name subject to the terms and conditions of this Agreement. The Company shall issue or cause to be issued to you an account statement acknowledging your ownership of the shares of such Restricted
Stock.
	

 	
 	
In the event that certificates are issued evidencing the shares of Restricted Stock issued hereunder, the certificates for the Restricted Stock shall be deposited in escrow with the Secretary of the Company to be held
in accordance with the provisions of this paragraph. Each such deposited certificate shall be accompanied by a duly executed Assignment Separate from Certificate in the form attached hereto as Exhibit B. The deposited certificates shall remain in escrow until such time or times as the certificates are to be released or otherwise surrendered for cancellation as discussed elsewhere herein. Upon delivery of the certificates to the Company, you
shall be issued an instrument of deposit acknowledging the number of shares of Restricted Stock delivered in escrow to the Secretary of the Company.
	

 	
 	
Not later than 30 days after the Vesting Date, the Company shall release from escrow and deliver to you any certificates representing Common Stock held by it in escrow.

2

 

			
	Dividend Equivalents	 	Upon the Calculation Date or as soon as reasonably practicable thereafter (the "Initial Dividend Payment Date"), provided you then continue in service, the Company shall pay to you in cash a single lump sum amount equal
to (1) the total dividends paid by the Company with respect to a single share of Common Stock from the Grant Date to the Calculation Date times (2) the number of shares of Restricted Stock issued hereunder as determined above in respect of
the Performance Shares as to which the performance goals have been satisfied as of the Calculation Date.
	

 	
 	
If the Company pays a dividend with respect to its Common Stock after the Initial Dividend Payment Date, the Company shall pay to you as soon as reasonably practicable thereafter, provided you then continue in service,
 an amount equal to (1) the amount of such dividend with respect to a single share of Common Stock times (2) the number of shares of Restricted Stock issued hereunder as determined above in respect of the Performance Shares as to which the
performance goals have been satisfied as of the Calculation Date.
	
Lapse of Common Stock Restrictions on Death, Disability, or Retirement or Termination Without Cause	
 	
On or after the Calculation Date, your right to any Common Stock hereunder vests as to 100% of the total number of shares of Restricted Stock issued pursuant to this grant, such number as determined on the Calculation
Date, if your service is terminated due to death, Disability or Retirement, or by the Company without Cause.
	
Forfeiture of Unvested Common Stock	
 	
In the event that your service is terminated on or after the Calculation Date but before the Vesting Date for any reason other than due to death, Disability or Retirement, or by the Company without Cause, you will
forfeit to the Company all of the shares of Restricted Stock subject to this grant, which shares if certificated will be in such event surrendered by the Secretary to the Company on your behalf for cancellation.
	
Withholding Taxes	
 	
You agree, as a condition of this grant, that you will make acceptable arrangements to pay any withholding or other taxes that may be due as a result of the grant of the Performance Shares, your acquisition of
Restricted Stock or Common Stock under this grant, or the payment to you of any dividends hereunder. In the event that the Company determines that any federal, state, local or foreign tax or withholding payment is required relating to this grant, the
Company will have the right to: (1) require that you arrange such payments to the Company; (2) withhold such amounts from other payments due to you from the Company or any affiliate; or (3) cause an immediate forfeiture of shares of
Restricted Stock or Common Stock subject to the Performance Shares granted pursuant to this Agreement in an amount equal to the withholding or other taxes due.

3

 

			
	Section 83(b) Election	 	If you file an election with respect to the shares of Common Stock covered by this grant under Section 83(b) of the Internal Revenue Code with the Internal Revenue Service, you will immediately forfeit to the Company
all of the shares of Common Stock subject to this grant.
	
Retention Rights	
 	
This Agreement does not give you the right to be retained by the Company (or any parent, Subsidiaries or affiliates) in any capacity. The Company (and any parent, Subsidiaries or affiliates) reserves the right to
terminate your service at any time and for any reason.
	
Shareholder Rights	
 	
You have the right to vote the Restricted Stock and to receive any dividends declared or paid on such Restricted Stock. Any distributions you receive as a result of any stock split, stock dividend, combination of
shares or other similar transaction shall be deemed to be a part of the Restricted Stock and subject to the same conditions and restrictions applicable thereto. Except as described herein and in the Plan, no adjustments are made for dividends or
other rights if the applicable record date occurs before your Restricted Stock certificate is issued or book entry made.
	
Adjustments	
 	
In the event of any stock dividend, stock split, change in the corporate structure affecting the Common Stock, or any change in the corporate structure (including any event contemplated by Section 5(a) of the
Plan) that is not a Change in Control, the number or kind of shares covered by this grant may be adjusted pursuant to the Plan so that thereafter, subject to the terms and conditions of the adjusted Awards, such Awards shall entitle the Grantee to
receive the kind and amount of securities or property or cash receivable upon any such event by a holder of the number of Shares that would have been receivable with respect to such Award immediately prior thereto. Your Performance Shares and
Restricted Stock, as applicable, shall be subject to the terms of any such agreement of merger, liquidation or reorganization in the event the Company is subject to such corporate activity.
	
Change in Control	
 	
In the event of a Change in Control prior to the first year anniversary of the Grant Date, you will forfeit your Performance Shares and not have any right to receive any Restricted Stock or Common Stock in respect of
this award of Performance Shares.
	

 	
 	
In the event of a Change in Control on or after the first year anniversary of the Grant Date but prior to the second year anniversary of the Grant Date, you will be entitled to receive a number of shares of Restricted
Stock in respect of your Performance Shares equal to one-third of the Target LTI.
	

 	
 	
In the event of a Change in Control on or after the second year anniversary of the Grant Date but prior to the Calculation Date, you will be entitled to receive a number of shares of Restricted Stock in respect of
your Performance Shares equal to two-thirds of the Target LTI.

4

 

			
	 	 	All shares of Restricted Stock issued hereunder in respect of a Change in Control shall for purposes of the Plan be deemed to have been issued and outstanding and shall vest immediately prior to the effective time of any
such Change in Control.
	
Legends	
 	
All certificates representing the Restricted Stock issued in connection with this grant shall, where applicable, have endorsed thereon the following legend:
	

 	
 	
"THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO CERTAIN RESTRICTIONS ON TRANSFER SET FORTH IN AN AGREEMENT BETWEEN THE COMPANY AND THE REGISTERED HOLDER, OR HIS OR HER PREDECESSOR IN INTEREST. A COPY OF
SUCH AGREEMENT IS ON FILE AT THE PRINCIPAL OFFICE OF THE COMPANY AND WILL BE FURNISHED UPON WRITTEN REQUEST TO THE SECRETARY OF THE COMPANY BY THE HOLDER OF RECORD OF THE SHARES REPRESENTED BY THIS CERTIFICATE."
	
Applicable Law	
 	
This Agreement will be interpreted and enforced under the laws of the State of Delaware, other than any conflicts or choice of law rule or principle that might otherwise refer construction or interpretation of this
Agreement to the substantive law of another jurisdiction.
	
Market Stand-Off	
 	
In connection with any underwritten public offering by the Company of the Company's securities pursuant to an effective registration statement filed under the Securities Act of 1933, for such period as the
underwriters may request (such period not to exceed 180 days following the date of the applicable offering), you shall not, directly or indirectly, sell, make any short sale of, loan, hypothecate, pledge, offer, grant or sell any option or other
contract for the purchase of, purchase any option or other contract for the sale of, loan, hypothecate, pledge, offer, grant or dispose of or transfer, or agree to engage in any of the foregoing transactions with respect to, any shares of capital
stock of the Company covered by this grant without the prior written consent of the underwriters of such public offering.
	
The Plan	
 	
The text of the Plan is incorporated in this Agreement by reference. Certain capitalized terms used in this Agreement are defined in the Plan, and have the meaning set forth in the Plan.
	

 	
 	
This Agreement, the cover page and the Plan constitute the entire understanding between you and the Company regarding this grant of Performance Shares and any shares of underlying Restricted Stock and Common Stock.
Any prior agreements, commitments or negotiations concerning this grant are superseded.

5

 

			
	Data Privacy	 	In order to administer the Plan, the Company may process personal data about you. Such data includes, but is not limited to, the information provided in this Agreement and any changes thereto, other appropriate personal
and financial data about you such as home address and business addresses and other contact information, payroll information and any other information that might be deemed appropriate by the Company to facilitate the administration of the
Plan.
	

 	
 	
By accepting this grant, you give explicit consent to the Company to process any such personal data. You also give explicit consent to the Company to transfer any such personal data outside the country in which you
work or are employed, including, with respect to non-U.S. resident Grantees, to the United States, to transferees who shall include the Company and other persons who are designated by the Company to administer the Plan.
	
Consent to Electronic Delivery	
 	
The Company may choose to deliver certain statutory materials relating to the Plan in electronic form. By accepting this grant, you agree that the Company may deliver the Plan prospectus and the Company's annual
report to you in an electronic format. If at any time you would prefer to receive paper copies of these documents, as you are entitled to, the Company would be pleased to provide copies. Please contact the Company Secretary at 865/922-1123 to request
paper copies of these documents.
	
Stock Ownership Guidelines	
 	
If applicable, your right to sell, exchange, transfer, gift, pledge, alienate or otherwise dispose of the vested shares of Common Stock awarded to you pursuant to this Agreement is subject to your compliance with the
stock ownership guidelines ("Stock Ownership Guidelines") that the Company has adopted as of the Grant Date, a copy of which has been delivered to you together with this Agreement. The Company shall have the right to enforce the Stock Ownership
Guidelines through the use of an escrow arrangement or through restrictions communicated to the Company's transfer agent limiting transfers of your shares of Common Stock. This provision is not intended to prohibit you from exercising your previously
granted stock options of disposing of the shares of Common Stock acquired upon exercise of such options.

        By
signing the cover sheet of this Agreement, you agree to all of the terms and conditions described above and in the Plan. 

6

 

EXHIBIT
A 

 PERFORMANCE GOALS

AND NUMBER OF SHARES OF RESTRICTED STOCK  

			
	 Actual Performance Percentage *
	 	Shares of Restricted Stock
	 Actual Performance Percentage<90%
	 	 0% of Target LTI

	 90%£ Actual Performance Percentage<110%
	 	 100% of Target LTI

	 Actual Performance Percentage3110%
	 	 150% of Target LTI

	*
	During
the first quarter of each year, the Board of Directors will determine a projected Adjusted EBITDA (as defined in the Company's quarterly earnings
releases) for such year (the "Annual EBITDA Target"). During the first quarter of the following year, the Annual EBITDA Target will automatically adjust based upon any differences between forecasted
attendance for the prior year and actual attendance for the prior year based on reported nation box office revenue for such year (the "Adjusted Annual EBITDA Target"). The goal of this
year-end adjustment to the Annual EBITDA Target is to neither penalize nor reward the Grantee for non-controllable industry results. 

        On
the Calculation Date, the Compensation Committee of the Board of Directors will determine the "Actual Performance Percentage" by calculating for each of the three fiscal years prior
to the Calculation Date the percentage by which the Company's actual Adjusted EBITDA met or exceeded the Adjusted Annual EBITDA Target for each such fiscal year, respectively, and averaging such
performance percentages over such three fiscal year period. 

        By
way of illustration, if (x) in year 1 the Company's actual Adjusted EBITDA exceeded the Adjusted Annual EBITDA Target for year 1 by 105%, (y) in year 2 the Company's
actual Adjusted EBITDA was 90% of the Adjusted Annual EBITDA Target for year 2, and (z) in year 3 the Company's actual Adjusted EBITDA exceeded the Adjusted Annual EBITDA Target for year 3 by
120%, then the Actual Performance Percentage would be 105% (or 315% divided by 3) and the Grantee would vest 100% of the Target LTI. 

7

 

EXHIBIT
B 

 ASSIGNMENT SEPARATE FROM CERTIFICATE  

        FOR VALUE RECEIVED,
                                    hereby sells, assigns and
transfers to Regal Entertainment Group, a Delaware corporation (the
"Company"),                                    
(                                    ) shares of the Company's
class A
common stock represented by Certificate No.            and does hereby irrevocably constitute and
appoint                                    to transfer the said common
stock on the books of the Company with full
power of substitution in the premises. 

        Dated:                               
     ,
20            

			
	 	 	

  Print Name
	

 	
 	

  Signature

Spousal Consent (if applicable)

                                        
    (Purchaser's
spouse) indicates by the execution of this Assignment his or her consent to be bound by the terms herein as to his or her
interests, whether as community property or otherwise, if any, in the shares of class A common stock of the Company. 

			
	 	 	

  Signature

INSTRUCTIONS: PLEASE DO NOT FILL IN ANY BLANKS OTHER THAN THE SIGNATURE LINE. THE PURPOSE OF THIS ASSIGNMENT IS TO ENABLE THE COMPANY TO CAUSE THE FORFEITURE OF YOUR UNVESTED
SHARES AS SET FORTH IN THE AGREEMENT WITHOUT REQUIRING ADDITIONAL SIGNATURES ON THE PART OF PURCHASER.

8

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REGAL ENTERTAINMENT GROUP 2002 STOCK INCENTIVE PLAN, AS AMENDED PERFORMANCE SHARE AGREEMENT

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