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EXHIBIT 10.82
ACME Television Holdings, LLC
Suite 202
00000 Xxxxx Xxxxxxxxx
Xx. Xxxxx, XX 00000
Tel: (000) 000-0000 Fax: (000) 000-0000
October 4, 1999
VIA FACSIMILE (561-833-1096)
Xxxxx Xxxxxx, President
DP Media of Battle Creek, Inc.
Xxxxx 000
000 Xxxxxxx Xxxxx
Xxxx Xxxxx, XX 00000
Re: WZPX-TV
Dear Xx. Xxxxxx:
This letter concerns implementation of the Joint Sales Agreement (the
"Agreement"), dated April 23, 1999, by and between DP Media of Battle Creek,
Inc. ("DP Media") and ACME Television Holdings, LLC ("ACME").
In order to explore and hopefully facilitate a mutually satisfactory
resolution of issues relating to the Agreement, the parties have agreed that,
except as otherwise stated in this letter, they will not implement or seek to
enforce their respective rights and obligations under the Agreement for a period
of thirty (30) days from the date of this letter (the "Standstill Period"),
which is the close of business on Thursday, November 4, 1999. Notwithstanding
the existence of the Standstill Period, DP Media will honor its obligations
under its Secondary Affiliation Agreement with The WB Television Network
commencing on 7 a.m. on October 6, 1999.
It is understood and agreed that neither the execution of this letter
nor the existence of the Standstill Period will prejudice any party with respect
to its rights or any position which any party has taken or may take in the
future with respect to the Agreement and ancillary documents. To that end, the
failure of the Term to commence as planned on October 1, 1999 cannot be invoked
to the prejudice of either party.
If this letter accurately and completely reflects our agreement, I
would appreciate it if you could sign on the appropriate line below and fax the
signed letter back to me and mail the hard copy to me at the above address.
Execution of the letter will also confirm that copies of faxed signatures will
be deemed sufficient to make this letter agreement effective.
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Xxxxx Xxxxxx, Vice President
October 4, 1999
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Sincerely,
ACME TELEVISION HOLDINGS, LLC
By: /s/ XXXXXXX XXXXX
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Xxxxxxx Xxxxx, President
AGREED:
DP MEDIA OF BATTLE CREEK, INC.
By: /s/ XXXXX XXXXXX
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Xxxxx Xxxxxx, Vice President
cc: Lew Paper (via facsimile)
Xxxx Xxxxxxxx (via facsimile)