Separation of Rights. 505 1. Comedy-Variety Programs . . . . . . . . . . . . . . . . . . . . . . . 505 2. Serials (Non-Prime Time) . . . . . . . . . . . . . . . . . . . . . . . . 506 3.
Separation of Rights. Notwithstanding anything herein contained, if Writer is entitled to separation of rights, the provisions of Article 16.A. of the Basic Agreement shall be applicable hereunder as follows:
Separation of Rights. (a) The Common Stock and membership rights that represent trading privileges on the Exchange (such membership rights, the “Trading Rights”) of the stockholders of record of the Company immediately prior to Closing shall have been “de-stapled” as contemplated by the Exchange Certificate of Incorporation and the New Certificate of Incorporation.
(b) The Trading Rights shall otherwise remain unchanged, subject to the provisions of the New Certificate of Incorporation and the Exchange Certificate of Incorporation and the Exchange Bylaws.
