EXHIBIT 10.1(a)
EXTENSION OF OPTION AGREEMENT
This Agreement, executed on the day below written, is by and between Futura
Pictures (hereinafter "Producer"), and Xxx Xxxxxxxxxx (hereinafter "Writer")
with respect to the unpublished literary work tentatively entitled "Cass &
Xxxxx" (which, together with themes, characters, contents, alternate titles, and
other versions thereof, is hereinafter called the "Property"), as follows.
1. CONSIDERATION AND TERM: In consideration of the sum of Five Dollars
($5.00), receipt of which Writer hereby acknowledges, Writer grants to Producer
a one-year extension of the exclusive and irrevocable option to purchase all
motion picture, television, and allied rights in the Property ("Option"), such
option period commencing on the date hereof ("Commencement Date," which shall be
the date both parties signed or the later of the two dates, if different) and
continuing for twelve (12) months ("Term").
2. EXTENSION: Producer retains the right, but not the obligation, to
purchase from the Writer one additional twelve-month extension of the Exclusive
Option, by payment of an additional Five Dollars ($5.00) no later than 30 days
prior to the expiration of the extended option period.
3. ORIGINAL OPTION: In all other respects, the original Option Agreement,
including all terms and conditions, is hereby extended.
AGREED AND ACCEPTED:
FUTURA PICTURES DATE: December 9, 2005
/S/ XXXXX XXXXX
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By: XXXXX XXXXX
WRITER DATE: December 9, 2005
/S/ XXX XXXXXXXXXX
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By: XXX XXXXXXXXXX