15 October 1997
Xxxxxx Xxxxx Distribution, Inc.
Xxxx Xxxxx
000 Xxxxxxxxxx Xxxxxx
Xxxxxxxxx Xxxx, XX 00000
RE: AMENDMENT TO THE AGREEMENT BY AND BETWEEN XXXXXX XXXXX DISTRIBUTION,
INC. ("XXXXX") AND AMERICAN ARTISTS FILM CORPORATION ("AAFC") DATED
JULY 26, 1994 AS REVISED OCTOBER 10, 1994 (THE "AGREEMENT")
Dear Xxxx,
Per our conversation today, this will confirm the amendment mutually agreed
to by both parties for the above-referenced Agreement as follows:
1. The Term of the Agreement shall be extended from the expiration date of
August 1, 1997 to February 1, 1999.
2. Any and all monies payable to AAFC under the Agreement shall be divided
equally between AAFC and Greystone Communications, Inc., ("Greystone") with
separate checks for said monies to be issued by Xxxxx to both AAFC and
Greystone.
3. Except as modified herein, the terms and conditions of the Agreement shall
remain in full force and effect and shall govern the respective rights and
obligations of the parties.
Shinaan Krakowski of Greystone Communications, Inc., has agreed to this
Amendment.
The parties acknowledge that they are bound by the terms and conditions of
this Amendment by signing as indicated below:
AMERICAN ARTISTS FILM CORPORATION
/s/ J. Xxxx Xxx Xxxx
By: _____________________________
XXXXXX XXXXX DISTRIBUTION, INC.
/s/ Xxx Xxxxx
By:______________________________