AMENDMENT TO THE BONUS PLAN
May 7, 1997
PARADISE MUSIC & ENTERTAINMENT, INC.
Reference is made to the agreement dated March 10, 1997, among Xxxxx Xxxxx,
Xxxxxxx X. Xxxxx, Xxxx X. Xxxxxxxx and Xxxxxxxx X. Small relating to the accrual
of bonuses under the existing bonus plan of Paradise Music & Entertainment, Inc.
(the "Amendment").
The undersigned hereby agree that the Amendment be, and hereby is,
terminated ab initio with the effect that the Amendment shall be of no force and
effect from its inception.
This agreement may be executed in one or more counterparts, all of which
taken together shall constitute one and the same instrument.
Agreed and accepted as of the date first written above.
PARADISE MUSIC & ENTERTAINMENT, INC.
By:
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Xxxxx Xxxxx
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Xxxxxxx X. Xxxxx
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Xxxx X. Xxxxxxxx
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Xxxxxxxx X. Small