EXHIBIT 10.7
PLAYBOY ENTERTAINMENT GROUP, INC.
July 29, 0000
Xxxxxx X. Xxxxxxxx
Director, Business and Legal Affairs
ORION PICTURES CORPORATION
0000 Xxxxxxx Xxxx Xxxx, 0xx Xxxxx
Xxx Xxxxxxx, Xxxxxxxxxx 00000
Dear Xx. Xxxxxxxx:
This letter, when the enclosed copy has been signed, dated and returned to you,
will evidence our mutual agreement to further amend the Playboy Distribution
Agreement between Playboy Entertainment Group, Inc. ("Playboy") and Orion Home
Entertainment Corporation d/b/a Orion Home Video ("Orion") dated as of June 27,
1996 (the "Agreement") as follows:
1. Effective immediately, "EROS COLLECTION" will be added to the Trademarks as
described under Paragraph 9.B. of the Agreement.
2. Effective immediately, "EROS COLLECTION" will be added to the Playboy Marks
as described under Paragraph 9.C. of the Agreement. Use of the EROS
COLLECTION xxxx shall include a legible trademark credit line with the
wording, "EROS COLLECTION is a xxxx of and used with the permission of PEI"
or other such words as Playboy may designate.
3. Except as modified above, all of the other terms and conditions of the
Agreement, as amended, shall remain in full force and effect.
If the above accurately sets forth your understanding of our agreement, please
sign, date and return the enclosed copy of this letter.
Very truly yours,
Playboy Entertainment Group, Inc.
By: /s/ Xxxx Xxxxx
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Xxxx Xxxxx
Vice President of Planning -- New
Business
ACCEPTED and AGREED to:
ORION HOME ENTERTAINMENT CORPORATION
By: /s/ Xxxx Xxxxxxx
--------------------------------
XXXX XXXXXXX
Its: President
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Dated: 7/30/96
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