[EXHIBIT 10.1.18]
AGREEMENT
This writing sets forth the economic terms of an agreement
entered into as of this 27th day of October, 2003, by and
between Film And Music Entertainment, Inc., ("FAME") a Nevada
corporation, and Xxxxxxx Xxxxxxxxx and Xxxxxxx Xxxxx
("Contractors') on the other hand, with respect to writing,
producing and directing services of Contractors in connection
with collateralized pictures (i.e., Hollywood Dream Camp, Gem
Scam and Roses In the Rain; the "Collateralized Pictures") and
other pictures (i.e., Red Giants and other pictures being
financed by MPI/MFD/MEMI without collateralization; the
"Other Pictures").
For a period of three (3) years, to the extent that
Contractors are not rendering exclusive services in
connection with the Collateralized Pictures, F AME shall
accord Contractors a reasonable opportunity to render
producing services or other entertainment industry services
in connection with the "Other Pictures".
Contractors shall receive credits and compensation on a most
favored nations basis with others rendering line producing
services in connection with such pictures, which compensation
shall be no less than $2,000 per week jointly to Xxxxxxxxx
and Xxxxx. During pre-production of Collateralized Pictures,
such advances shall be deemed applicable against fees on
Collateralized Pictures, and at other times, such advances
shall be deemed applicable against fees on Other Pictures.
FAME shall have the option, but not the obligation, to use
Xxxxxxx Xxxxx'x services as a consultant rendering the
services of a director of business affairs, but with the full
knowledge that Xxxxx is not a licensed attorney. Xxxxxx X.
Xxx will provide a full description of what Xxxxx may or may
not do. An attorney (Xxxxx prefers Xxx Xxx) shall be provided
to supervise and direct Xxxxx'x services, and the services of
Xxxxxxxx Xxxxxx, Xxxxxxxx Xxxx and Xxxxxx Xxxxxx.
In connection with the production, pre-production and
business affairs duties set forth in this agreement, the
salaries of Xxxxxx, Xxxx and Pigago for those services shall
be no less than:
Xxxxxx $600 per week
Xxxx $600 per week
Pigago $400 per week
These services shall be deemed advances against any other monies
payable to Xxxxxx, Xxxx or Pigago in connection with other
employment agreements with FAME (i.e., Xxxxxx'x agreement as
corporate director and secretary).
FAME CONTRACTORS
/s/ Xxxx Xxxxx /s/ Xxxxxxx Xxxxxxxxx
---------------------------- ------------------------------
By: Xxxx Xxxxx By: Xxxxxxx Xxxxxxxxx
Its President An Individual
/s/Xxxxxxx Xxxxx -------------------------------
By: Xxxxxxx Xxxxx An Individual
