Exhibit 10.2
ROCKY MOUNTAIN MUSIC MARKETING
IRREVOCABLE ASSIGNMENT FOR CONSIDERATION
This Assignment if effective the 20th day of February 1999, between Rocky
Mountain Music Marketing (hereinafter "RM"), 000 Xxxxxxxxx Xxxxxx, Xxxxxxxx
Xxxxxxx, XX 00000, and Media Vision Production Corporation (hereinafter
"MVP"), Suite 000, 000 X. Xxxxxxxxx Xxxxxx, Xxxx Xxxx Xxxxx, XX 00000.
RECITALS
I. WHEREAS, XX has a contract dated July 25, 1996, with Independence
Public Media Philadelphia for the production, promotion and distribution
of programming for Public Broadcast television stations nationwide
(hereinafter the "Contract").
II. WHEREAS, this contract was amended on February 16, 1999, the parties
hereby agree as follows:
III. WHEREAS, Section 29, page 13, allows the Contract to be assigned;
IV. RM warrants and represents that the Contract is not, nor has ever
been, subject to any liens, liabilities or litigation, and RM also
warrants that this Contract has not been previously assigned;
V. WHEREAS, RM through its sole proprietor, Xxxx X. Xxxxxxx, requested
and received significant stock and cash compensation from MVP as full
payment for irrevocable assignment of this contract to MVP.
VI. WHEREAS, Xxxx X. Xxxxxxx became an officer and director of MVP based
upon his desire to execute this agreement.
VII. RM hereby assigns all of its rights, title and interest in this
contract to MVP. This agreement is irrevocable.
2/23/99 Rocky Mountain Music Marketing (RM)
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Date By: /s/ Xxxx Xxxxxxx
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(Xxxx Xxxxxxx, Xxxx Xxxxxxxxxx)
2/23/99 Media Vision Production Corporation (MVP)
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Date By: /s/ Xxxx X. Xxxxxxx
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(Xxxx X. Xxxxxxx, Chairman)
