[LETTERHEAD OF AMERICAN ARTISTS FILM CORPORATION APPEARS HERE]
October 31, 1996
Atlantic International Capital, Ltd.
0000 Xxxxxxxxx Xxxxxxxxx
Xxxxx 000
Xxxx Xxxxx, Xxxxxxx 00000
Attn: Xx. Xxxxxx Xxxxxx, Chairman and
Xx. Xxxxxxx Xxxxxxx, President
Re: Agreement dated September 27, 1996
This letter will confirm the termination, effective immediately and
without penalty, of such agreement between Atlantic International Capital, Ltd.
and American Artists Film Corporation dated September 27, 1996.
Very Truly,
American Artists Film Corporation
By: /s/ Xxxxxx X. Xxxxx
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Chief Executive Officer
Acknowledged and Accepted by:
Atlantic International Capital, Ltd.
By: /s/ Xxxxxxx Xxxxxxx
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Xxxxxxx Xxxxxxx
Title: President and CEO
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