August 5, 2005 Hollywood Media Corp. Boca Raton, FL 33431
Exhibit 10.1
August 5, 2005
0000 Xxxxxx Xxxx, Xxxxx 000X
Xxxx Xxxxx, XX 00000
Reference is hereby made to that certain letter agreement dated March 28, 2005 (the “Letter Agreement”) whereby Xxxxxxxx Xxxxxxxxxx and Xxxxxx X. Xxxxxxx (together, the “Obligors”) committed to fund up to $5.0 million to Hollywood Media Corp. on the terms set forth therein.
This letter confirms our agreement that:
1.
The commitment of the Obligors to provide funding as set forth in the Letter Agreement shall continue in effect through January 1, 2007.
2.
Except as stated herein, all other terms of the Letter Agreement shall remain in full force and effect.
Sincerely,
/s/ Xxxxxxxx Xxxxxxxxxx
Xxxxxxxx Xxxxxxxxxx
Chief Executive Officer
/s/ Xxxxxx X. Xxxxxxx
Xxxxxx X. Xxxxxxx
President
Acknowledged and agreed to by
By:/s/ Xxxxx Xxxxx
Name:
Xxxxx Xxxxx
Title:
Chief Accounting Officer
