EXHIBIT 12
HALLMARK ENTERTAINMENT DISTRIBUTION, LLC
December 31, 2001
Xxxxxxx X. Xxxxxxxx
Crown Media Holdings, Inc.
0000 X. Xxxxxxxx Xxxxx Xxxxxx
Xxxxx 000
Xxxxxxxxx, XX 00000
Re: Registration Rights Agreement dated as of September 28, 2001
Dear Charlie:
This will confirm that Hallmark Entertainment, LLC has transferred to
Hallmark Entertainment Holdings, Inc. the Class A Stock of Crown Media Holdings,
Inc. acquired pursuant to that Purchase and Sale Agreement dated as of April 10,
2001 by and between Crown Media Holdings, Inc. and Hallmark Entertainment
Distribution, LLC. In connection with this transfer of Stock, Hallmark
Entertainment, LLC has also assigned to Hallmark Entertainment Holdings, Inc.
all of its rights and obligations under the Registration Rights Agreement dated
as of September 28, 2001.
Please acknowledge this assignment below and return a copy to my
attention.
Sincerely,
HALLMARK ENTERTAINMENT, LLC
/s/ Xxxxxx X. Xxxxxx
Xxxxxx X. Xxxxxx
Vice President
Acknowledged and Accepted
CROWN MEDIA HOLDINGS, INC.
By: /s/ Xxxxxxx Xxxxxxxx
-------------------------------
Title: Exec. VP
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