Document:

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                                                                   EXHIBIT 10.15

                                 MODERN RECORDS
                         468 North Camden, 3/rd/ Floor
                        Beverly Hills, California 90210

                                                   Dated: As of February 9, 2000

Butterfly Productions, LLC
(A New York Limited Liability Company)
Route 183 - Box 369
Stockbridge, Massachusetts 01262
Attn: A. Michael DeSisto

Gentlemen:

          The following sets forth the material terms of an agreement
("Agreement") concerning the manufacture, distribution, advertising and sale of
records made from certain recordings and concerning the co-publishing and co-
administration of certain musical compositions.  As used in this Agreement, the
following terms shall have the following meanings: (1) The term "Play" shall
mean that certain live musical stage play produced by you entitled
"Inappropriate" which is currently being performed in New York, New York (off-
Broadway) as of the date of this Agreement; (2) the term "Existing Cast Album"
shall mean that certain existing album-length phonograph record derived from
live recordings of the featured performances of "Artists" defined below
appearing in the Play; (3) the term "New Cast Album" shall mean the newly
recorded album-length phonograph record delivered under this Agreement which is
derived from live recordings of the featured performances of Artists currently
appearing in the Play; (4) the term "Compositions" shall mean each musical
composition (including the music, lyrics and titles thereto) and other musical
material (including, without limitation, the score) which is utilized in the
Play during the Term and which is owned and/or controlled by you or any entity
related to you, directly or indirectly; and (5) the term "Artists" shall mean
the actors and actresses comprising the cast of the Play whose vocal and/or
instrumental performances are recorded in the "Masters" defined below.

          In connection with the foregoing: (1) A complete and accurate list of
the titles of those master recordings which comprise the Existing Cast Album is
set forth on Exhibit A; (2) a complete and accurate list of the titles of the
Compositions as of the date of this Agreement is set forth on Exhibit B; (3) the
Existing Cast Album and New Cast Album are sometimes referred to below
individually as a "Cast

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Album" and collectively as the "Cast Albums"; (4) the master recordings which
comprise the Existing Album are sometimes referred to below individually as an
"Existing Master" and collectively as "Existing Masters"; (5) the master
recordings which comprise the New Cast Album are sometimes referred to below
individually as a "New Master" and collectively as the "New Masters"; (6) The
Existing Masters and New Masters are sometimes referred to below individually as
a Master and collectively as the "Masters"; and (7) a complete and accurate list
of the Artists whose performances are embodied in the Existing Masters and whose
performances are anticipated to be recorded in the New Masters is attached to
this Agreement as Exhibit C.

          1.   Territory; Term; and Sell-Off Period.   The "Territory" of this
               -------------------------------------
Agreement shall be the world and universe.  The "Term" of this Agreement shall
commence as of the date of this Agreement and continue until the date that is
fifteen (15) years after the initial commercial release throughout normal retail
distribution channels in the United States of the New Cast Album (subject to the
provisions of paragraph 10 below).  The "Sell-Off Period" of this Agreement
shall commence as of the expiration or termination of the Term and shall
continue until the date that is six months after the end of the Term.

          2.   Delivery Commitment and Recording Procedure.
               --------------------------------------------

          You shall deliver the Existing Cast Album to us concurrently with your
execution of this Agreement.  You shall deliver the New Cast Album to us within
90 days after the execution of this Agreement.  You shall designate and submit
to us for your and our mutual approval the recording elements for the New Cast
Album (including the selections to be recorded, the producers, the studios for
and dates of recording sessions, and the recording budget therefor).  In
connection with the foregoing, we designate Randy Jackson as the person to
exercise approvals on our behalf.  Masters delivered hereunder shall be subject
to our approval as commercially and technically satisfactory for the manufacture
and sale of phonograph records.  The New Cast Album shall be comprised of no
fewer than twelve (12) Masters and shall be no less than fifty-eight (58)
minutes in duration and no more than sixty-two (62) minutes in duration.  You
and we hereby approve of Michael Sottile ("Sottile") as the producer of the New
Cast Album.

          Concurrently with your delivery to us of the Cast Albums, you shall
deliver the following to us (the "Materials"): artwork and photographs used to
advertise and promote the Play; the credits for the cast and crew of the Play
(including, without limitation, Artists and

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the producers of the Masters) that must be reflected on the packaging of the
Cast Albums and other records embodying Masters; and any other information that
is reasonably necessary to reproduce and exploit the Masters or to enable us to
fulfill our obligations in connection with the advertising, marketing and
promotion of the Cast Albums and other records embodying Masters. You hereby
grant to us the right to use and reproduce the Materials (including, without
limitation, your name, Artists' names, and Sottile's name), in whole or in part,
on or in connection with our advertising, marketing, promotion, reproduction and
other exploitation of the Cast Albums and other records embodying Masters, at no
cost to us or our designees. Concurrently with your delivery to us of the
Materials, you shall inform us in writing of any other contractual restrictions
or obligations binding on us in connection with uses and reproductions of the
Materials delivered to us.

          3.   Rights in Masters.   We shall have the exclusive right to obtain
               ------------------
registration of copyright (and all renewals and extensions) throughout the
universe in the Masters, in our name, as the owner and author thereof.  (Upon
the expiration of the Term, we shall not have any rights pursuant to the
preceding sentence.)  This Agreement shall constitute an irrevocable transfer to
us of ownership of copyright (and all renewals and extensions) throughout the
universe in the Masters, and, accordingly, you hereby grant, transfer, convey
and assign directly to us the entire right, title and interest throughout the
universe, including, without limitation, the copyright, the right to secure
copyright registration and any and all copyright renewal rights, in and to the
Masters.  If necessary, you shall execute and cause Artists, Sottile and other
persons rendering services in connection with the production and recording of
the Masters  to execute any documentation, including transfers of copyright
ownership, necessary to vest in us all rights in the Masters.

          Notwithstanding the foregoing provisions of this paragraph, all of our
right, title and interest, including, without limitation, the copyright (and
renewals and extensions thereof), in and to the Masters shall revert to you upon
the expiration of the Term, subject to the following: During the Sell-Off
Period, we shall have the non-exclusive right to distribute our existing
inventory of records embodying Masters.  We shall not manufacture excessive
quantities of inventory in anticipation of the end of the Term.  We shall
execute any documentation, including transfers of copyright ownership, necessary
to vest in you all rights in the Masters from and after the end of the Term.

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          Notwithstanding anything to the contrary contained herein, we shall
not release EPs comprised only of Masters without your prior written approval.

          4.   Rights in Compositions.   You shall enter into and execute (and
               -----------------------
cause each of your respective music publishing designees to enter into and
execute) the co-publishing and co-administration agreement attached hereto as
Exhibit D.  In consideration for the foregoing, you shall be issued 40,000
shares of the common stock of Modern Records (ticker symbol MDNR) (the
"Shares").  All of the shares shall be issued promptly after the delivery and
acceptance of the New Cast Album and otherwise in accordance with the rules and
regulations established by our Board of Directors concerning the issuance of our
common stock.  You agree to execute a subscription agreement containing such
investor representations and other terms and conditions as we may reasonably
request, and to take such other actions as we may determine necessary or
appropriate in order to assure compliance with applicable state and federal
securities laws.  You acknowledge that the Shares will not be registered under
the Securities Act of 1933 or qualified under any applicable state securities
laws and regulations and will bear a legend restricting transfer and that the
Shares may not be distributed or sold except in accordance with such laws and
regulations or an applicable exemption therefrom.  You also acknowledge that in
determining to obtain the Shares as consideration for the foregoing, you have
relied upon the advice of your own financial, tax and legal advisers and that
you are acquiring the Shares for investment only and not for distribution or
sale.

          5.   Modern's Share of Net Profits.  You shall account for and pay to
               ------------------------------
us 10% of the "Net Profits" derived throughout the Territory during the Term,
regardless of when such Net Profits are received by or credited to you.  As used
herein, the term "Net Profits" shall mean the following:  (a) the excess of the
aggregate gross receipts from the Play over the aggregate production expenses,
running expenses, other customary expenses, and, if applicable, shares of a
royalty pool paid to percentage royalty participants; and (b) net proceeds from
the sale or other disposition of each and all of the "Subsidiary Rights", after
deduction of third party participants (e.g., director and/or choreographer,
bookwriter, and composers).  The term "Subsidiary Rights" shall mean worldwide
dramatico-musical stage production rights, including, without limitation,
foreign language performances, first-class performances, second-class
performances, amateur performances, stock performances (e.g., performances at
regional theaters, repertory theaters, non-profit theaters, resident

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theaters, university resident theaters and dinner theaters), condensed
performances, concert-form versions, revival performances, opera versions based
upon the Play, merchandising rights (e.g., wearing apparel, toys, games,
figures, dolls, novelties, greeting cards and other physical properties
representing a character in the Play or the use of the name, characters, or
title of the Play), publishing rights with respect to the book of the Play,
media production rights (e.g., motion pictures, television programs, video
cassette/disc productions, Internet productions, and all other audio and/or
visual productions related to or based upon the Play in any and all media,
whether now known or hereafter developed) and all other subsidiary rights with
respect to the Play in any and all media, whether now known or hereafter
developed. Subsidiary Rights shall only exclude those rights specifically
granted to us pursuant to this Agreement with respect to the Masters and
Compositions and only for so long as we retain those rights. Net Profits shall
be computed, defined, accounted for and paid on a basis which is no less
favorable than that applicable to any other investor in the Play (but no less
frequently than quarterly in any event). You shall maintain (and use reasonable
efforts to cause all applicable third parties to maintain) true and complete
books and records of account in connection with the Play (and you shall not
dispose of any such books or records until at least 3 years after the delivery
to us of each respective statement furnished to us). We shall have the right to
have a certified public accountant examine, inspect and audit such books and
records and other material pertaining to the Play and payments to us hereunder
(at the offices in the United States where you maintain those books and
records), and to make copies and extracts thereof, at any time during regular
business hours and upon 14 days prior notice to you, at our sole expense (but no
more frequently than once during each one-year period). Each accounting shall
constitute an account stated unless we give you notice stating the basis for our
objection within three (3) years after the date such accounting is rendered.

          In consideration for the foregoing participation in Net Profits, we
shall pay you $225,000 as follows: $100,000 promptly after the execution of this
Agreement; and $125,000 on or before the date that is two months after the
execution of this Agreement.

          6.   Recording Fund and Recording Costs.
               -----------------------------------

               (a) We shall pay you, as an advance recoupable from royalties, an
     "all-in" recording fund for the production, recording and delivery of the
     Cast Albums (inclusive of any and all recording costs for the New Cast
     Album) of $75,000, payable

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     50% promptly after the commencement of recording sessions for the
     New Cast Album and the balance promptly after the delivery and acceptance
     of the New Cast Album. You shall use all or substantially all of the
     $75,000 recording fund to pay for recording costs for the Cast Albums,
     unless we consent to the contrary in writing. In connection with the
     foregoing, prior to the commencement of recording sessions for the New Cast
     Album, you shall submit to us for your and our mutual approval a reasonably
     detailed recording budget for the New Cast Album (together with a cost
     summary for the Existing Cast Album). You shall be responsible for and
     shall pay all recording costs for the Cast Albums which are in excess of
     the $75,000 recording fund. If we elect to pay any of those excess costs,
     you shall repay us on demand or, to the extent not so repaid, we may deduct
     those excess costs from any monies payable hereunder. The recording fund
     shall be inclusive of any and all monies (e.g., session fees, pension,
     health and welfare contributions, and reuse fees, if applicable) due to any
     union or guild having jurisdiction over the recording of the Masters
     comprising the Cast Albums, excluding only "per-record" royalties based
     upon sales of records by Modern or its licensees under this Agreement; and

               (b) All other monies (including, without limitation, recording
     costs, but excluding royalties payable pursuant hereto) paid by us to you,
     on your behalf (with your consent or at your request) or on behalf of any
     person or entity representing you (with your consent or at your request)
     shall be deemed to be advances recoupable from all sums payable by us
     hereunder.  Only 50% of all monies paid or incurred by us for independent
     third party marketing and promotion services shall be recoupable from
     royalties earned by you hereunder. Only 50% of the unrecouped audio-visual
     production costs for each music video produced hereunder shall be
     recoupable from sound-only record royalties (100% of the unrecouped audio-
     visual production costs for each music video produced hereunder shall be
     recoupable from audio-visual record royalties).  In connection with the
     foregoing, you shall have the right to approve of the budget for any music
     video which is in excess of $100,000; and

               (c) Until we receive your written instruction to the contrary,
     all monies payable hereunder shall be paid by a single check made payable
     to "Butterfly Productions, LLC".

          7.   "All-In" Royalty Rates.  For full-priced, top-line net sales
               -----------------------
through normal retail distribution channels of records

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embodying solely masters, we shall credit to your account a royalty computed by
multiplying our applicable royalty base price by the applicable royalty rate set
forth below:

               (a)  United States:

                    (i)   Albums:

                              (1)  0-500,000 units:  13%;
                              (2)  500,001-1,000,000 units:  14%;
                              (3)  1,000,001-2,000,000 units:  15%; and
                              (4)  Over 2,000,000 units: 16%.

                    (ii)  Singles: 10%;

               (b)  Rest of World: 50% of our net receipts;

               (c)  Digital Records (other than compact discs): 80% of the
     otherwise-applicable royalty rate for records in the black vinyl and analog
     tape formats; Compact Discs: 100% of the otherwise-applicable royalty rate
     for records in the black vinyl and analog tape format, except that the
     royalty rate shall be proportionately reduced to the extent that the
     royalty base price of a particular album in the compact disc format is less
     than a top-line, full-priced album in the compact disc format; Direct
     transmissions to consumers: the lesser of 75% of the otherwise-applicable
     royalty rate for records in the black vinyl and analog tape formats or 50%
     of our net receipts;

               (g) For purposes of computing royalties, there shall be deducted
     from our royalty base price a packaging deduction in an amount equal to 15%
     thereof for single records in the vinyl configuration packaged in color or
     other special printed sleeves and for all other records in the vinyl
     configuration packaged in our standard singlefold jackets without any
     special elements; 17.5% thereof for all other records in the vinyl
     configuration; 20% thereof for all records in the analog cassette tape
     configuration; and 25% thereof for records in any digital configuration
     (e.g., compact discs, digital compact cassettes, digital analog tapes, and
     mini-discs), for downloads via satellite, cable and/or the Internet (and
     the equivalent), for audio-visual records and for all other recorded
     devices, whether now known or hereafter devised.  (For clarity, there shall
     be no packaging deduction for seven-inch single records in the vinyl
     configuration

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     packaged in plain sleeves.) There also shall be deducted from our royalty
     base price an amount equal to any excise, sales, value added or comparable
     or similar taxes which are included therein; and

               (h) Our royalty base price shall mean the suggested retail list
     price ("SRLP").  If an SRLP does not exist, our applicable royalty base
     price shall be a constructed retail price for the territory concerned.  Our
     royalty base price for audio-visual records and records sold as premiums is
     based on monies actually received by us.

          8.   Royalty Payments and Accountings.
               ---------------------------------

          We shall send to you statements for royalties payable hereunder on or
before the date ninety (90) days after the end of each of our semi-annual
accounting periods (currently ending on June 30 and December 31), together with
payment of royalties, if any, earned by you hereunder during that semi-annual
period (based on our receipts in the United States, or credits to our account in
final reduction of advances previously received by us in the United States,
during the accounting period for which the statement is rendered), less all
advances and charges hereunder which are paid or incurred prior to the end of
the semi-annual accounting period for which the statement is rendered, unless
paid or incurred later than the end of that accounting period for any reason
within your control or which you could have reasonably avoided.  Accountings
shall be rendered to you in accordance with our customary policy applicable
thereto. Royalties shall be paid on 100% of gross sales, after deducting from
gross sales returns, credits, and reserves and otherwise calculated in
accordance with our customary policies applicable thereto.  We shall have the
right to retain, as a reserve against charges, credits, or returns, such portion
of payable royalties as shall be reasonable in our best business judgment
exercised reasonably and in good faith.  Our best business judgment in
connection with the liquidation of each reserve retained by us shall include,
without limitation, our reasonable, good-faith analysis of actual sales,
reorders and returns of phonograph records hereunder to the extent that
information is available to us as of the end of any particular semi-annual
accounting period and our actual sales, reorders and returns patterns for our
records generally other than records hereunder.

          You shall be solely responsible for and shall pay all royalties and
other monies required to be paid to Artists, to the producers of the Masters
(including, without limitation, to Sottile) and

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to any other persons, firms or corporations for and in connection with the
production and recording of Masters and of our and our designee's exploitation
of Masters hereunder in records or otherwise. If you furnish us with appropriate
letters of direction, we shall prepare and deliver to you accounting statements
(at the same time we render accounting statements to you hereunder) which
reflect the royalties that you are required to account for and pay to third-
party payees based on our exploitation of the Masters hereunder ("Third-Party
Royalty Payees"). Promptly after your receipt of those accounting statements,
but in no event later than 30 days thereafter, you shall pay all royalties
reflected on those accounting statements to Third-Party Royalty Payees. If you
do not intend to or shall fail to so pay royalties to any Third-Party Royalty
Payee, then you promptly shall notify us thereof so that we may pay those
royalties. Upon our demand, however, you shall pay to us an amount equal to
those royalties paid by us to any Third-Party Royalty Payee. Commencing with the
accounting period in which we shall have recouped any and all advances and other
charges against royalties hereunder, you hereby irrevocably authorize and direct
us to pay and we shall have the right to pay, at our sole election, directly to
Third-Party Royalty Payees any or all of the royalties reflected on accounting
statements prepared by us. Payments made by us to Third-Party Royalty Payees
shall be made solely as an accommodation to you such that no Third-Party Royalty
Payee shall be a third-party beneficiary of this Agreement.

          9.   Musical Composition Licenses.  You hereby grant to us, and shall
               -----------------------------
cause any applicable third party to grant to us, the right to reproduce and
exploit the Compositions in phonograph records and otherwise on the terms set
forth below. Mechanical royalties shall be payable in the United States and
Canada at the "United States Controlled Composition Mechanical Rate" or
"Canadian Controlled Composition Mechanical Rate", as applicable, and shall
otherwise be computed in accordance with our customary policies applicable
thereto.  The term "United States Controlled Composition  Mechanical Rate" shall
mean an amount equal to three-fourths (3/4) of the minimum statutory royalty
rate (without regard to playing time) provided in the United States Copyright
Act for the reproduction of musical compositions as of the date of delivery of
the first (1st) master embodying the controlled composition in question. The
term "Canadian Controlled Composition Mechanical Rate" shall mean an amount
equal to three-fourths (3/4) of the minimum, standard mechanical royalty rate
provided in mechanical licenses between record companies and unrelated
publishers in Canada which are issued by CMRRA (or any successor) as of the date
of the delivery of the first (1st) master embodying the controlled composition
in question.  Notwithstanding the foregoing, the maximum aggregate

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mechanical royalty rate for all selections, including Compositions, contained on
a record shall be the product of (a) the applicable United States Controlled
Composition Mechanical Rate or Canadian Controlled Composition Mechanical Rate,
as applicable, and (b) ten (10) for an album other than an album in compact disc
form, eleven (11) for an album in compact disc form, five (5) for an EP, three
(3) for a long-play single and two (2) for a single record. We shall account for
and pay mechanical royalties in accordance with our customary policy applicable
to record royalties, except that we shall send to you statements for mechanical
royalties payable hereunder on or before the date sixty (60) days after the end
of each quarter-annual calendar period. We shall not recoup recording costs
within the recording fund for the Cast Albums or advances specifically set forth
herein or the costs of audio-visual recordings (if any) pursuant to the approved
budget therefor from mechanical royalties. To the extent that the provisions of
this paragraph conflict with the terms of the co-publishing and co-
administration agreement concerning the Compositions attached to this Agreement
as an exhibit, the terms of this paragraph shall govern.

          10.   Release Commitment. We shall cause the initial release in the
                ------------------
United States of the New Cast Album not later than 120 days after its delivery
and acceptance ("Release Period"). No days between November 1 and January 1 of
the next calendar year shall be considered in the calculation of the Release
Period. Our obligations pursuant to the foregoing provisions of this paragraph
shall be subject to notice and a sixty-day cure period. Your sole remedy in the
event of any failure to comply with the foregoing obligation shall be your right
to terminate the Term with respect to our rights in the Masters by written
notice to us within 45 days of the end of the cure period described above.
Without limiting the foregoing, you understand that if you terminate the Term
pursuant to the immediately preceding sentence, the Term shall continue with
respect to our rights to Net Profits and the Compositions until the date that is
15 years after the end of Release Period described in the first sentence of this
paragraph.

          11.  Exclusivity; and Soundtrack Albums.
               -----------------------------------

          During the Term, our rights with respect to records derived from or
associated with the Play are exclusive.  No other person or entity shall be
entitled to exploit records and/or recordings derived from or associated with
the Play, other than records comprised solely of score pieces from the Play,
subject to the following:  We shall have a 30-day "right of first negotiation"
and a 15-day "matching right" with

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respect to any agreement covering records comprised of score pieces from the
Play.

          As used herein, the term "Soundtrack Agreement" shall refer to an
agreement pursuant to which you or an entity on your behalf ("Grantor") dispose
of any right to reproduce and/or exploit soundtrack album rights associated with
a motion picture or television program which is derivative of the Play.  Prior
to the commencement of negotiations between Grantor and any third party, you
shall notify us of Grantor's desire to enter into a Soundtrack Agreement.  We
shall have the right, at our election, at any time within ten business days
after our receipt of that notice from you, to cause Grantor immediately to enter
into a Soundtrack Agreement on all of the relevant material terms and conditions
contained in this Agreement (e.g., royalty and accounting obligations relating
to the Masters), except that you shall receive a one-time additional advance
against royalties of $350,000 (from which you shall pay or cause to be paid
recording costs for the soundtrack album concerned).  If for any reason we elect
not to enter into a particular Soundtrack Agreement, then Grantor shall have the
right to enter into negotiations for a Soundtrack Agreement with any third
party, subject to the provisions below.  Prior to Grantor entering into any
Soundtrack Agreement, you shall cause Grantor to first offer to us the right to
enter into a Soundtrack Agreement with Grantor for the same bona fide advance
and pursuant to the same bona fide terms as may be offered by Grantor to a
responsible, unrelated third party.  You shall give us written notice of any
such bona fide and acceptable offer which sets forth the name of the prospective
record company, the advance and all other terms and conditions of the offer.  If
we fail to notify you that we are exercising our option to enter into a
Soundtrack Agreement with Grantor within ten business days after our actual
receipt of your written notice to us, then Grantor shall have the right to enter
into a Soundtrack Agreement with the prospective record company, provided that
the terms of that Soundtrack Agreement are the same as the terms set forth in
your written notice to us.

          12.  Videos.  Upon our request, you shall cause the Artists appear for
               -------
the production of audiovisual recordings embodying the Artists' audiovisual
performances of the Masters ("Videos").   You and we shall mutually designate
the musical compositions which shall be embodied in the Videos, the producer and
director of the Videos, all other individuals rendering services in connection
with the production of the Videos, the storyboard and script for the production
of the Videos and the locations at and the dates on which the Videos shall be
produced.  Our rights in the Videos and our rights to use the Artists' names,
likenesses, other identifications, and biographical materials are and shall be
the same and no less favorable to us than our rights with respect to the
Masters. Without

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limiting the generality of the foregoing, you hereby irrevocably transfer,
convey, grant and assign to us and our assignees or successor-in-interest the
entirety of your right, title and interest in perpetuity and throughout the
universe, including, without limitation, the copyright and all renewals and
extensions of copyright, in and to the Videos.

          13.  More Formal Documentation.  At our request, each party hereto
               --------------------------
shall execute more formal documentation of this Agreement containing additional
terms and provisions customarily required by us.  Each party hereto agrees to
negotiate in good faith with respect to any reasonable changes that either party
may request in connection with those provisions.  Each party reserves the right,
however, to reject, in whole or in part, any such requests if such party
determines in its best business judgment exercised in good faith that such
change is significantly inconsistent with its general policies.  Unless and
until that more formal document is executed, this document constitutes a valid
agreement binding upon you and us as governed by the laws of the State of New
York applicable to contracts entered into and intended to be

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performed entirely in that state.  Any disputes between the parties hereto shall
be subject exclusively to the jurisdiction of the state and federal courts
sitting in New York City in the State of New York.

          If the foregoing correctly reflects your agreement with us, please so
indicate by signing below.

                                    Very truly yours,

                                    MODERN RECORDS

                                    By: /s/ Russ Regan
                                       ------------------------------
                                         An Authorized Signatory

AGREED AND ACCEPTED:

BUTTERFLY PRODUCTIONS, LLC

By: /s/ A. Michael DeSisto,
   ----------------------------
        A. Michael DeSisto,
        An Authorized Signatory

Print position:

Tax Identification No.:

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                                   EXHIBIT A
                                   ---------

                              EXISTING CAST ALBUM

TITLES OF EXISTING MASTERS:

OUR WORLD WITHIN (PART ONE)
OUR WORLD WITHIN (PART TWO)
LET ME BE THE ONE
DEAR DAD
REAL
A GOOD BOY
I WONDER
THE DREAM
MEXICO
LOST
FOUND - THE DISCOVERY
EVERYTHING THAT YOU ARE

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                                   EXHIBIT B
                                   ---------

                                  COMPOSITIONS
<TABLE>
<CAPTION>

TITLES OF COMPOSITIONS              SONGWRITERS/%             PUBLISHERS/%
<S>                              <C>                    <C>

Our World Within (Part One)      Michael Sottile/100%   Sottile Publishing/100%

Our World Within (Part Two)      Michael Sottile/100%   Sottile Publishing/100%

Let Me Be the One                Michael Sottile/100%   Sottile Publishing/100%

Dear Dad                         Michael Sottile/100%   Sottile Publishing/100%

Real                             Michael Sottile/100%   Sottile Publishing/100%

A Good Boy                       Michael Sottile/100%   Sottile Publishing/100%

I Wonder                         Michael Sottile/100%   Sottile Publishing/100%

The Dream                        Michael Sottile/100%   Sottile Publishing/100%

Mexico                           Michael Sottile/100%   Sottile Publishing/100%

Lost                             Michael Sottile/100%   Sottile Publishing/100%

Found - the Discovery            Michael Sottile/100%   Sottile Publishing/100%

Everything That You Are          Michael Sottile/100%   Sottile Publishing/100%
</TABLE>

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                                   EXHIBIT C
                                   ---------

                          ARTISTS FOR EXISTING MASTERS

NAME OF ARTIST                MASTER(S) EMBODYING ARTIST'S FEATURED
                                                           --------
                              PERFORMANCE

ADAM SCHIFFMAN                Our World Within (Part One), Our World Within
                              (Part Two), The Dream

SARAH SECKINGER               Our World Within (Part One), Our World Within
                              (Part Two), Dear Dad, I Wonder, The Dream

JOSH GEYER                    Our World Within (Part One), Our World Within
                              (Part Two), A Good Boy, The Dream

DIANE SCHWARTZ                Our World Within (Part One), Our World Within
                              (Part Two), Dear Dad, Real, The Dream, Mexico

LIZ IRWIN                     Our World Within (Part One), Our World Within
                              (Part Two), Let Me Be The One, Dear Dad,
                              I Wonder, The Dream, Lost, Everything That You Are

JAMIE OURISMAN                Our World Within (Part One), Our World Within
                              (Part Two), The Dream, Mexico

AVERIE BOYER                  Our World Within (Part One), Our World Within
                              (Part Two), Let Me Be The One, I Wonder,
                              The Dream, Lost

AMANDA BAYLESS                Dear Dad, The Dream

                                       16
<PAGE>

                       EXHIBIT D TO CAST ALBUM AGREEMENT
                       ---------------------------------

                 CO-PUBLISHING AND CO-ADMINISTRATION AGREEMENT
                 ---------------------------------------------

          This Agreement is entered into and executed as of February 9, 2000 by
and between Modern Music Publishing ("Modern") and Sottile Publishing (BMI)
(referred to herein as "Sottile").

          Reference is sometimes made in this Agreement to that certain cast
album agreement between Modern Records and Butterfly Productions, LLC to which
this Agreement is attached as an exhibit ("Cast Album Agreement").  As used
herein, the term "Compositions" shall have the same meaning attributed to the
term "Compositions" in the Cast Album Agreement.  No later than the execution
hereof, Sottile shall furnish Modern with a fully executed copy of any existing
agreements concerning the Compositions, including, without limitation, the
agreement between Sottile and Butterfly Productions, LLC concerning the use of
the Compositions in and in connection with the live musical stage play produced
by Butterfly Productions, LLC entitled "Inappropriate" which is currently being
performed in New York, New York (off-Broadway).

          Sottile warrants and represents that Sottile owns and controls an
undivided one hundred percent (100%) of all right, title and interest throughout
the world and universe ("Territory") in and to the Compositions, including,
without limitation, the copyright, the right to secure copyright registration
and any and all copyright renewal/extension rights in and to the Compositions.
For good and valuable consideration, Sottile hereby grants, transfers, conveys
and assigns to Modern an undivided twenty percent (20%) of all right, title and
interest throughout Territory in and to the Compositions, including, without
limitation, the copyright, the right to secure copyright registration and any
and all copyright renewal/extension rights in and to the Compositions (whether
presently available or subsequently available as the result of intervening
legislation) in the United States of America and elsewhere throughout the
Territory.

          With reference to the foregoing, the parties hereto agree as follows:

          1.  (a)  The term "Gross Income" refers to any and all monies or other
     consideration derived throughout the Territory at any time (whether accrued
     and unpaid or hereafter accruing) from the reproduction or other
     exploitation of the Compositions in phonograph records which reproduce
     sound alone and in any other audio and/or visual manner or media now known
     or unknown.  The "Respective Ownership Share" of each of Modern and Sottile
     referred to in this subparagraph result from the implementation

                                       17
<PAGE>

     of the provisions above. The "Respective Ownership Share" of Sottile in and
     to the Compositions is as follows: An undivided eighty percent (80%) of the
     right, title and interest throughout the Territory, including, without
     limitation, the copyright, the right to secure copyright registration and
     any and all copyright renewal rights, in and to the Compositions; ninety
     percent (90%) of Gross Income derived from the Compositions in all forms
     other than the so-called "publisher's share" of royalties and fees from
     public performances of the Compositions; and eighty percent (80%) of Gross
     Income in the form of the so-called "publisher's share" of royalties and
     fees from public performances of the Compositions. The "Respective
     Ownership Share" of Modern in and to the Compositions is as follows: An
     undivided twenty percent (20%) of the right, title and interest throughout
     the Territory, including, without limitation, the copyright, the right to
     secure copyright registration and any and all copyright renewal rights, in
     and to the Compositions; ten percent (10%) of Gross Income derived from the
     Compositions in all forms other than the so-called "publisher's share" of
     royalties and fees from public performances of the Compositions; and twenty
     percent (20%) of Gross Income in the form of the so-called "publisher's
     share" of royalties and fees from public performances of the Compositions.

          2.  (a)  Sottile shall have the following sole and exclusive rights in
     connection with the Compositions from and after the date of this Agreement
     (subject to the terms and conditions of paragraph 9 of the Cast Album
     Agreement):

                    (I)     To administer and exploit Sottile's Respective
          Ownership Share of the Compositions in any manner or media now known
          or unknown throughout the Territory (including defending and/or
          prosecuting any and all causes of action for infringement of the
          Compositions, past, present and future);

                    (II)     To reproduce and exploit and to authorize the repro
          duction and other exploitation of Sottile's Respective Ownership Share
          of the Compositions in any manner or media now known or unknown
          throughout the Territory; and

                    (III)    To execute any and all licenses and agreements
          regarding the reproduction and other exploitation of Sottile's
          Respective Ownership Share of the Compositions in any manner or media
          now known or unknown throughout the Territory;

                                       18
<PAGE>

               (B) Modern shall have the following sole and exclusive rights in
     connection with the Compositions from and after the date of this Agreement:

                    (I)      To administer and exploit Modern's Respective
          Ownership Share of the Compositions in any manner or media now known
          or unknown throughout the Territory (including defending and/or
          prosecuting any and all causes of action for infringement of the
          Compositions, past, present and future);

                    (II)     To reproduce and exploit and to authorize the repro
          duction and other exploitation of Modern's Respective Ownership Share
          of the Compositions in any manner or media now known or unknown
          throughout the Territory; and

                    (III)    To execute any and all licenses and agreements
          regarding the reproduction and other exploitation of Modern's
          Respective Ownership Share of the Compositions in any manner or media
          now known or unknown throughout the Territory;

               (C)   Subject to the provisions of paragraph 9 of the Cast Album
     Agreement, each of Sottile and Modern shall administer and exploit only its
     Respective Ownership Share of the Compositions.  Neither Sottile nor Modern
     shall enter into any license or agreement regarding the reproduction or
     exploitation of the Respective Ownership Share of the other party to this
     Agreement in and to the Compositions anywhere throughout the Territory at
     any time; and

               (D)   Each party shall advise third parties of the terms of
     subparagraph (c) immediately above and shall provide the other party with a
     copy of all correspondence and notices in connection with the co-
     publishing, exploitation or collection or disbursement of any Gross Income
     derived from the Compositions.

          3.  (A)  Sottile shall have the sole and exclusive right to collect
     and receive directly Sottile's Respective Ownership Share of Gross Income
     derived at any time from the Compositions.  Sottile's Respective Ownership
     Share of Gross Income from the Compositions is intended to include and
     shall include the so-called "songwriter's share" of the Gross Income and
     Sottile's share of the so-called "publisher's share" of the Gross Income.
     Sottile shall be solely responsible for and shall account for and pay to
     the songwriters of the Compositions any monies to which those songwriters
     are entitled from Sottile's Respective

                                       19
<PAGE>

     Ownership Share of the Gross Income. Accordingly, Modern shall not have any
     obligation to account for or pay to the songwriters of the Compositions or
     Sottile any monies from its Respective Ownership Shares of Gross Income
     derived from the Compositions; and

               (B) Modern shall have the sole and exclusive right to collect and
     receive directly Modern's Respective Ownership Share of Gross Income
     derived at any time from the Compositions.  Modern's Respective Ownership
     Share of Gross Income from the Compositions is intended to include and
     shall include only Modern's share of the so-called "publisher's share" of
     the Gross Income.

          4.   If either Sottile or Modern receives the other party's Respective
Ownership Share of Gross Income from the Compositions, the receiving party
("Payor Publisher") shall account for and pay to the other party ("Payee
Publisher") the Payee Publisher's Respective Ownership Share of that Gross
Income on or before the end of the thirty (30) day period after the calendar
month during which the Payor Publisher receives the Payee Publisher's Respective
Ownership Share of Gross Income.  The Payor Publisher shall provide the Payee
Publisher with a copy of each accounting statement received by the Payor
Publisher for the Payee Publisher's Respective Ownership Share of Gross Income
from the Compositions.  The Payor Publisher shall maintain books and records
concerning the Payor Publisher's receipt in the United States of any of the
Payee Publisher's Respective Ownership Share of Gross Income from the
Compositions.  The Payee Publisher or an independent certified public accountant
on the Payee Publisher's behalf may, at the Payee Publisher's expense, examine
those of the Payor Publisher's books and records solely for purposes of
verifying the accuracy of statements and other accountings from the Payor
Publisher to the Payee Publisher for the Payee Publisher's Respective Ownership
Share of Gross Income received by the Payor Publisher in the United States, but
only during the Payor Publisher's normal business hours and only upon reasonable
written notice to the Payor Publisher.  The Payor Publisher's accounting for and
payment to the Payee Publisher of the Payee Publisher's Respective Ownership
Share of Gross Income shall be based upon the Payor Publisher's actual receipt
of an accounting for and payment of the Payee Publisher's Respective Ownership
Share of that Gross Income.

          5.   Sottile and Modern shall each have the right but not the
obligation to prosecute, settle or compromise all claims, demands or actions
related to only its Respective Ownership Shares of the Compositions, and
generally to do and perform all things necessary concerning its Respective
Ownership Shares therein, to prevent and restrain the infringement of copyrights
or other rights with respect to

                                       20
<PAGE>

only its Respective Ownership Shares of the Compositions. In the event of the
recovery by Sottile and/or Modern of any monies as a result of a judgment or
settlement, those monies (after deduction of the costs and reasonable attorneys'
fees paid or incurred to recover those monies) shall be divided between Sottile
and Modern in the Respective Ownership Shares of Gross Income of Sottile and
Modern.

          6.  (A)  Sottile warrants, represents, covenants and agrees as
     follows:  Sottile has the right, power and authority to enter into, execute
     and implement this Agreement fully; Sottile shall fully and faithfully
     fulfill all of Sottile's obligations under this Agreement in a timely
     manner; except as provided in this Agreement, the Compositions are free and
     clear of any adverse claims, demands or other encumbrances; and Sottile
     shall be solely responsible for and shall account for and pay to the
     songwriters of the Compositions all monies to which those songwriters are
     entitled for any reproductions or other exploitations of the Compositions;
     and

               (B) Modern warrants, represents, covenants and agrees as follows:
     Modern has the right, power and authority to enter into, execute and
     implement this Agreement fully; and Modern shall fully and faithfully
     fulfill all of Modern's obligations under this Agreement in a timely
     manner.

          7.   Each party hereby indemnifies, saves and holds each other party,
its successors and assigns and its parents, subsidiaries and affiliated
companies and its officers, employees and agents, harmless from any and all
liability, claims, demands, loss and damage (including actual attorneys' fees
reasonably incurred and court costs) resulting from any claim, demand or action
which is inconsistent with any of the warranties, representations or agreements
made by the indemnitor(s) in this Agreement. The indemnitee(s) shall give the
indemnitor(s) prompt written notice of any claim or action covered by said
indemnity, and the indemnitor(s) shall have the right to furnish, at its
expense, counsel to help defend against such claim, demand or action, if and to
the extent that counsel acts promptly with respect thereto, all subject to the
control and disposition by the indemnitee(s) and counsel for the indemnitee(s),
however.

          8.   The respective addresses of each of Sottile and Modern for all
purposes herein shall be as set forth below, until written notice of a different
address is received by the party notified of that different address:

Modern Music Publishing                       Sottile Publishing
468 North Camden, 3/rd/ Floor                 728 Sackett Street, #1L
Beverly Hills, California 90210               Brooklyn, New York 11217

                                       21
<PAGE>

Attn: President                          Attn: Michael Sottile

All notices shall be in writing and shall either be sent by registered or
certified mail (return receipt requested) or by facsimile transmission (or the
equivalent), all charges prepaid.  The date of mailing or facsimile
transmission, whichever shall be first, shall be deemed the date of service.

          9.   This Agreement sets forth the entire agreement between Sottile
and Modern with respect to the subject matter hereof and may not be modified
except by a written instrument signed by the party sought to be bound.  THE
VALIDITY, CONSTRUCTION, INTERPRETATION AND LEGAL EFFECT OF THIS AGREEMENT SHALL
BE GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.  THE VENUE FOR ANY ACTION,
SUIT OR PROCEEDING ARISING FROM OR BASED UPON THIS AGREEMENT SHALL BE THE
APPROPRIATE STATE AND FEDERAL COURTS LOCATED IN THE CITY OF NEW YORK IN THE
STATE OF NEW YORK.  ACCORDINGLY, EACH OF SOTTILE AND MODERN AGREE THAT ANY
ACTION, SUIT OR PROCEEDING ARISING FROM OR BASED ON THIS AGREEMENT SHALL BE
COMMENCED IN AND DETERMINED BY THOSE APPROPRIATE STATE AND FEDERAL COURTS
LOCATED IN THE CITY OF NEW YORK IN THE STATE OF NEW YORK.

          10.  Each of Sottile and Modern shall have the right to use each
other's names for advertising and purposes of trade solely in connection with
the reproduction and exploitation of the Compositions.  Neither Sottile nor
Modern shall use or reproduce or authorize the use or reproduction of the
likenesses of or biographical materials concerning the songwriters of the
Compositions without the prior written consent of the songwriter(s) in question.

          11.  If any action, suit or proceeding arising from or based on this
Agreement is commenced by any party hereto against any other party or parties
hereto, the prevailing party shall be entitled to recover from the other party
its actual attorneys' fees and all other costs incurred by the prevailing party
in connection with that action, suit or proceeding and in connection with the
enforcement of any judgment in that

                                       22
<PAGE>

action, suit or other proceeding.

          14.  This Agreement represents the entire understanding of Sottile and
Modern with respect to the subject matter hereof.  This Agreement supersedes any
and all prior written or oral negotiations, understandings and agreements
between the parties hereto with respect to the subject matter hereof.

          If the foregoing sets forth the understanding and agreement of each of
Sottile and Modern, each party shall so indicate by signing below.

SOTTILE PUBLISHING (BMI)                 MODERN MUSIC PUBLISHING

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

By:
   ---------------------
     Michael Sottile,                         An Authorized
                                              Signatory
     An Authorized Signatory

                                       23<PAGE>

                                                                       EXHIBIT A
                             EMPLOYMENT AGREEMENT

     THIS EMPLOYMENT AGREEMENT ("Agreement") is made and entered into as of the
22nd day of September, 1999 ("Effective Date") by and between HOLLYWOOD
PARTNERS.COM, INC. ("Company") and LEE M. LAMBERT ("Employee").

                                   RECITALS

     1.  ENGAGEMENT BY COMPANY.
         ---------------------

     Company hereby engages Employee as its President and Chief Executive
Officer of Company. Employee will perform the duties as prescribed by the Board
of Directors. Employee may continue to reside in northern California but will be
expected to travel to the Company's headquarters in Los Angeles, or to other
locations required by Company's business, on a regular basis.

     Employee will devote the majority of his time to the activities of
Hollywood Partners.com, Inc., but will be allowed to render limited consulting
services to the extent those services do not interfere with his duties at
Company, and to the extent that those activities do not pose a conflict of
interest with Company.

     2.  TERM.
         ----

     The term of this Agreement shall be September 22, 1999 through June 30,
2000, unless terminated in accordance with provisions of this Agreement or
extended by mutual agreement of the parties.

     3.  COMPENSATION.
         ------------

     Employee shall be entitled to receive compensation at the rate of $10,000
per month, payable semi-monthly.

     Employee will be given vacation, insurance and all other benefits given by
the Company to its officers.

     Employee will be granted a five-year option to purchase 300,000 shares of
the Company's common stock at an exercise price of $1.07 per share. The options
will vest at the rate of 25,000 every quarter commencing September 1999. If
Employee is terminated at any time during the term of this Agreement, 100,000
options will vest immediately, inclusive of any ISO's previously granted per
this Agreement.

     Any and all bonus payments shall be in the discretion of the Board. The
Company shall establish a written bonus plan applicable to Employee, and he
shall be entitled to receive bonus
                                       1
<PAGE>

payments in accordance therewith. Such plan, when adopted, shall be affixed to
each original of this Agreement as Exhibit A.

     Employee will be reimbursed for all ordinary and necessary expenses, in
reasonable amounts, which Employee incurs in performing his duties under this
Agreement, including, but not limited to, travel, entertainment, cellular
telephone, professional dues and subscriptions, subject, however, to any
limitations, rules and procedures adopted by Company and which are applicable to
executives generally.

     4.   ASSIGNMENT.
          ----------

     This Agreement is a personal one being entered into in reliance upon and in
consideration of the singular personal skill and qualifications of Employee.
Neither Employee nor the Company shall voluntarily, or by operation of law
assign or otherwise transfer the obligations incurred on its part pursuant to
terms of this Agreement without the prior written consent of the other party.
Any attempt at assignment or transfer by either party of its obligations
hereunder, without such consent, shall be null and void.

     5.   NON-COMPETITION.
          ---------------

     Employee agrees that during the Term he shall not, directly or indirectly
(whether for compensation or otherwise), alone or as an agent, principal,
partner, officer, employee, trustee, director, shareholder, Employee or in any
other capacity own, manage, operate, join, control or participate in the
ownership, management, operation or control of, or furnish any capital to, or be
connected in any manner with, or provide any services as a Employee for any
business which has any activities or products directly competitive with the
activities and products of the Company.

     6.   CHANGE OF CONTROL
          -----------------

     6.1  Survival.  The provisions of this Section 6 shall (i) survive this
          --------
Agreement and shall continue one (1) day past termination of Employee's
employment, and (ii) only become effective upon a "Change in Control," as
defined below. No termination or expiration of this Agreement shall limit, alter
or otherwise affect Employee's continuing rights hereunder with respect to the
benefits and rights afforded to him as provided herein.

     6.2  Background.
          ----------

          6.2.a  The Company believes that because of its position in the
industry, financial resources and historical operating results there is a
possibility that the Company may become the subject of a Change in Control (as
defined below), either now or at some time in the future.

          6.2.b  The Company believes that it is in the best interest of the
Company and its shareholders to foster Employee's objectivity in making
decisions with respect to any pending or threatened Change in Control of the
Company and to assure that the Company will have the continued dedication and
availability of Employee, notwithstanding the possibility, threat or

                                       2
<PAGE>

occurrence of a change in Control. The Company believes that these goals can
best be accomplished by alleviating certain of the risks and uncertainties with
regard to Employee's financial ad professional security that would be created by
a pending or threatened Change in Control and that inevitably would distract
Employee and could impair his ability to objectively perform his duties for and
on behalf of the Company.

          6.2.c   Accordingly, the Company believes that it is appropriate and
in the best interest of the Company and its shareholders to provide to Employee
compensation arrangements upon a change in Control that lessen Employee's
financial risks and uncertainties and that are reasonably competitive with those
of other corporations. With these and other considerations in mind, the Board
has authorized the Company to enter into these arrangements with Employee to
provide the protections set forth herein following a change in Control.

     6.3  Change in Control.  As used in this Agreement, the phrase "change in
Control" shall mean:

          6.3.a.  Except as provided by Paragraph 6.3.c hereof, the acquisition
by any person, entity or "group," within the meaning of Section 13(d)(3) or
14(d)(2) of the Securities Exchange Act of 1934 (the "Exchange Act"), of
beneficial ownership (within the meaning of Rule 13d-3 promulgated under the
Exchange Act) of forty percent (40%) or more of the combined voting power of the
then outstanding securities entitled to vote generally in the election of
directors of the Company; or

          6.3.b.  Individuals who, as of the Effective Date hereof, constitute
the Board of Directors of the Company (as of the Effective Date hereof the
"Incumbent Board") cease for any reason to constitute at least a majority of the
Board of Directors of the Company, provided that any person becoming a director
subsequent to the Effective Date hereof who election, or nomination for election
by the Company's shareholders, is or was approved by a vote of at least a
majority of the directors then comprising the Incumbent Board (other than an
election or nomination of an individual who initial assumption of office is in
connection with an actual or threatened election contest relating to the
election of the directors of the Company, as such terms are used in Rule 14a-11
of Regulation 14A promulgated under the Exchange Act) shall be, for purposes of
this Agreement, considered as though such person were a member of the Incumbent
Board; or

          6.3.c.  Approval by the stockholders of the Company of a
reorganization, merger or consolidation of the Company with any other person,
entity or corporation, other than:

                       (i)   a merger or consolidation which would result in the
     voting securities of the Company outstanding immediately prior thereto
     continuing to represent (either by remaining outstanding or by being
     converted into voting securities of another entity) more than sixty percent
     (60%) of the combined voting power of the securities entitled to vote
     generally in the election of directors of the Company or such other entity
     outstanding immediately after such merger or consolidation, or

                                       3
<PAGE>

                       (ii)  a merger or consolidation effected to implement a
     recapitalization of the Company (or similar transaction) in which no
     person, entity or group (other than any employee benefit plan of any of the
     Company) acquires beneficial ownership of forty percent (40%) or more of
     the combined voting power of the securities entitled to vote generally in
     the election of directors of the Company outstanding immediately after such
     merger or consolidation; or

          6.3.d. approval by the stockholders of the Company of a plan of
complete liquidation of the Company or an agreement for the sale or other
disposition by the Company of all or substantially all of such Company's assets.

     6.4  Acceleration of Stock Options

          Any Change of Control during the term of this Agreement will cause the
immediate vesting of all stock options granted to Employee.

     7.   TERMINATION
          -----------

     This Agreement may be terminated on the occurrence of any one of the
following events:

     7.1  The expiration of the Term hereof;

     7.2  The mutual agreement of the parties;

     7.3  At the Company's option, on the last day of the month in which
Employee dies or becomes permanently incapacitated. 'Permanent incapacity' as
used herein shall mean mental or physical incapacity, or both, reasonably
determined by the Company's Board of Directors based upon a certification of
such incapacity by, in the discretion of the Company's Board of Directors,
either Employee's regularly attending physician or a duly licensed physician
selected by the company's Board of Directors, rendering Employee unable to
perform substantially all of his duties hereunder and which appears reasonably
certain to continue for at least six consecutive months without substantial
improvement. Employee shall be deemed to have 'become permanently incapacitated'
on the date the Company's Board of Directors has determined that Employee is
permanently incapacitated and so notifies Employee. Under no circumstances shall
Employee's incapacity, whether permanent or not, limit Employee's right to
receive all the compensation set forth in Section 3 above.

     7.4  By the Company "with cause," effective upon delivery of written notice
to Employee given at any time (without any necessity for prior notice) if any of
the following shall occur:

          7.4.a  A material breach of this Agreement by Employee, which breach
     has not been cured within ten (10) days after a written demand for such
     performance is delivered

                                       4
<PAGE>

     to Employee by the Company that specifically identifies the manner in which
     the Company believes that Employee has breached this Agreement;

          7.4.b  The following acts or events: (i) a felony criminal conviction;
     (ii) any other criminal conviction involving Employee's lack of honesty or
     Employee's moral turpitude; (iii) acts of gross carelessness or gross
     misconduct which continues after due written notice to Employee from the
     Company specifying with particularity the nature of such gross carelessness
     or gross misconduct.

                 In the event of a termination of Employee under this provision,
     Company shall pay Employee his full base salary and accrued vacation time
     through the date of termination, plus all bonus and benefits to which
     Employee has a vested right at the time.

     7.5  Notice of Termination
          ---------------------

          Notwithstanding the term of this Agreement, the Company agrees to give
a minimum of sixty (60) days written Notice of Termination to Employee if the
Company has not entered into a written contract to continue the services of
Employee with the Company beyond June 30, 2000, and if Employee has not been
terminated according to Sections 7.2, 7.3 or 7.4 above. In accordance with this
provision, if no Notice of Termination has been delivered to Employee as of June
30, 2000, and Employee and Company have not entered into a written contract to
continue the services of Employee as of June 30, 2000, Employee will be entitled
to receive an additional sixty (60) days of salary and benefits without any
obligation to work beyond June 30, 2000.

     7.6  Termination by Employee
          -----------------------

          Employee may terminate this Agreement at any time for "good reason" by
providing a Notice of Termination stating such intent to terminate. "Good
reason" shall mean, without prior written consent, the occurrence of any one or
more of the following:

          7.6.a. Failure by the Company to honor any of its material obligations
     under this Agreement.

          7.6.b  Failure to maintain Employee with either or both of the titles
     of Chief Executive Officer or President, or materially changing the duties
     and responsibilities of Employee in these positions.

          7.6.c  A material negative change in the benefits offered to Employee.

          7.6.d  Failure by the Company to have a policy of Directors and
     Officers Insurance in place substantially equivalent to that in effect on
     September 22, 1999.

                                       5
<PAGE>

     7.7  Termination Without Cause
          -------------------------

          Company may, at any time prior to June 30, 2000, discharge Employee
"without cause," whereupon his employment shall terminate on the date of
termination established by the Notice of Termination. If terminated "without
cause," Employee shall receive all base salary and accrued vacation through the
date of termination, all bonus and benefits to which Employee has a vested right
at the time, an additional payment of $120,000, and immediate vesting of the
100,000 stock options granted to Employee as described in paragraph 3 above.

     8.   GENERAL PROVISIONS.
          ------------------

     8.1  Governing Law and Jurisdiction.  This Agreement shall be governed by
          ------------------------------
and interpreted in accordance with the laws of the State of California. Each of
the Parties hereto consents to such jurisdiction for the enforcement of this
Agreement and matters pertaining to the transaction and activities contemplated
hereby.

     8.2  Attorneys' Fees.  In the event a dispute arises with respect to this
          ---------------
Agreement, the party prevailing in such dispute shall be entitled to recover all
expenses, including, without limitation, reasonable attorneys' fees and expenses
incurred in ascertaining such party's rights, in preparing to enforce or in
enforcing such party's rights under this Agreement, whether or not it was
necessary for such party to institute suit.

     8.3  Complete Agreement.  This Agreement supersedes any and all of the
          ------------------
other agreements, either oral or in writing, between the Parties with respect to
the subject matter hereof and contains all of the covenants and agreements
between the Parties with respect to such subject matter in any manner
whatsoever. Each Party to this Agreement acknowledges that no representations,
inducements, promises or agreements, oral or otherwise, have been made by any
Party, or anyone herein, and that no other agreement, statement or promise not
contained in this Agreement shall be valid or binding. This Agreement may be
changed or amended only by an amendment in writing signed by all of the Parties
or their respective successors-in-interest.

     8.4  Binding.  This Agreement shall be binding upon and inure to the
          -------
benefit of the successors-in-interest, assigns and personal representatives of
the respective Parties.

     8.5  Notices.  All notices and other communications provided for or
          -------
permitted hereunder shall be made by hand delivery, first class mail, or
facsimile, addressed as follows:

Party:         Company:       Hollywood Partners.com, Inc.
------                        1800 Avenue of the Stars, Suite 480
                              Los Angeles, CA  90067
                              Attn.:  Mark Beychok, Chairman
                              Phone:  310-552-0555
                              Fax:    310-552-8480

                                       6
<PAGE>

               Employee:      Lee M. Lambert
                              1800 Avenue of the Stars, Suite 480
                              Los Angeles, California 90067
                              Phone:  310-552-0555
                              Fax:    310-552-8480

     All such notices and communications shall be deemed to have been duly
given:  when delivered by hand, if personally delivered; five (5) business days
after deposit in any United States Post Office in the continental United States,
postage prepaid, if mailed; and when receipt is acknowledged or confirmed, if
telecopied.

     8.6  Unenforceable Terms.  Any provision hereof prohibited by law or
          -------------------
unenforceable under the law of any jurisdiction in which such provision is
applicable shall as to such jurisdiction only be ineffective without affecting
any other provision of this Agreement. To the full extent, however, that such
applicable law may be waived to the end that this Agreement be deemed to be a
valid and binding agreement enforceable in accordance with its terms, the
Parties hereto hereby waive such applicable law knowingly and understanding the
effect of such waiver.

     8.7  Execution in Counterparts.  This Agreement may be executed in several
          -------------------------
counterparts and when so executed shall constitute one agreement binding on all
the Parties, notwithstanding that all the Parties are not signatory to the
original and same counterpart.

     8.8  Further Assurance.  From time to time each Party will execute and
          -----------------
deliver such further instruments and will take such other action as any other
Party may reasonably request in order to discharge and perform their obligations
and agreements hereunder and to give effect to the intentions expressed in this
Agreement.

     8.9  Incorporation by Reference.  All exhibits referred to in this
          --------------------------
Agreement are incorporated herein in their entirety by such reference.

     8.10 Miscellaneous Provisions.  The various headings and numbers herein
          ------------------------
and the grouping of provisions of this Agreement into separate articles and
paragraphs are for the purpose of convenience only and shall not be considered a
party hereof. The language in all parts of this Agreement shall in all cases be
construed in accordance with its fair meaning as if prepared by all Parties to
the Agreement and not strictly for or against any of the Parties.

     9.   INDEMNIFICATION.
         ---------------

     The Company shall indemnify Employee, to the maximum extent then permitted
by applicable law, from and against any and all claims, actions, suits, losses,
fines, judgments, interest, costs and expenses (including without limitation
actual attorney's fees and disbursements) arising out of or relating to
Employee's actions or omissions as an officer, director or employee of the
Company and/or any affiliate of the Company and/or as a trustee or fiduciary of
any plan, trust or other program established by the Company. This Section 9
shall survive termination or expiration of this Agreement.

                                       7
<PAGE>

     10.  CONFIDENTIALITY
          ---------------

     Employee recognizes that during the course of Employee's activities on
behalf of the Company, he will accumulate certain proprietary and confidential
information and trade secrets used in the Company's business and will have
divulged to him certain confidential and proprietary information and trade
secrets about the business, operations and prospects of the Company, which
constitute valuable business assets of the Company. Employee hereby acknowledges
and agrees that such information, except for information which is in the public
domain prior to Employee's receipt thereof, or which subsequently becomes part
of the public domain other than by Employee's breach of a confidentiality
obligation, or which Employee can clearly demonstrate was in his possession
prior to receipt thereof from the Company and was developed by Employee or
received by Employee from a third-party without breach of such third-parties
confidentiality obligations with respect thereto ("Proprietary Information") is
confidential and proprietary and constitutes trade secret information and the
Proprietary Information belongs to the Company and not to Employee. Employee
agrees, to the extent not prohibited by law, that he shall not, at any time
during or after the Term of this Agreement and two years after the expiration or
termination of this Agreement, disclose, divulge or make known, directly or
indirectly, to any person, or otherwise use or exploit in any manner any
Proprietary Information obtained by Employee under this Agreement, except in
connection with and to the extent required by his performance of his duties
hereunder for the Company. Upon termination of this Agreement, Employee shall
deliver to Company all tangible displays and repositories of Proprietary
Information.

     IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of
the day and year first above written.

"COMPANY"                                   "EMPLOYEE"

HOLLYWOOD PARTNERS.COM, INC.

By ________________________________         ________________________________
     Mark Beychok                                      Lee M. Lambert
     Chairman of the Board of Directors

                                       8

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