EXHIBIT 10.3
ADDENDUM TO EMPLOYMENT AGREEMENT
DATED AS OF AUGUST 7, 2000 BETWEEN
METRO-XXXXXXX-XXXXX STUDIOS INC. AND XXX XXXXX
This Addendum, when fully executed by the parties, will serve to modify the
Employment Agreement dated as of August 7, 2000 between Metro-Xxxxxxx-Xxxxx
Studios Inc. (the "Company") and Xxx Xxxxx ("Executive"). The Employment
Agreement shall be modified as follows:
Notwithstanding the provisions of Paragraph 2(b) of the Employment
Agreement requiring that Executive's services shall be exclusive to the Company,
the Company has agreed to allow Executive to continue to render legal services
to Xxxxxx Xxxxx and his companies, and to Xxxxx/Rivers Productions in connection
with "The Passions of Xxxxxx Xxxxxx" for a period of six months following the
Effective Date of the Employment Agreement, provided that the rendition of such
services shall not interfere in the performance of Executive's services under
the Employment Agreement and shall not involve any conflict of interest with
regard to Executive's services on behalf of the Company. In the event the
Company reasonably believes that Executive's activities on behalf of Xxxxxx
Xxxxx and/or Xxxxx/Xxxxxx Productions interfere in the performance by Executive
of his services under the Employment Agreement or present a conflict of interest
with regard to Executive's services on behalf of the Company, Executive shall
cease such activities promptly upon receipt of written notice from the Company.
Except as herein specifically provided, the Employment Agreement shall not
be modified or amended in any respect whatsoever and shall continue in full
force and effect.
If the foregoing is in accordance with your understanding and agreement,
please so indicate by signing in the place for your signature below.
Very truly yours,
METRO-XXXXXXX-XXXXX STUDIOS INC.
By: /s/ Xxxxxxx X. Xxxxx
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Senior Executive Vice President
AGREED:
/s/ Xxx Xxxxx
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XXX XXXXX