PLANET HOLLYWOOD INTERNATIONAL, INC.
Exhibit 10.7A
Second Amendment to the License Agreement
dated as of October 1, 1995, by and between
the Registrant and Planet Hollywood (Asia) Pte. Ltd.
SECOND AMENDMENT TO THE
LICENSE AGREEMENT
THIS SECOND AMENDMENT TO THE LICENSE AGREEMENT (the "Amended Agreement"),
is made and entered into as of the 1st day of October, 1995, by and between
PLANET HOLLYWOOD INTERNATIONAL, INC., a corporation organized under the laws of
the State of Delaware, 0000 Xxxx Xxxx Xxxx, Xxxxx 000, Xxxxxxx, Xxxxxxx 00000
(hereinafter referred to as "LICENSOR") and PLANET HOLLYWOOD (ASIA) PTE, LTD.,
00 Xxxxxxxx Xxxx, #00-00, XXX Xxxxx, Xxxxxxxxx 0000, a corporation organized
under the laws of the country of Singapore (hereinafter referred to as
"LICENSEE").
W I T N E S S E T H:
WHEREAS, LICENSEE entered into a License Agreement dated as of December 4,
1992 with Planet Hollywood, Inc., a Delaware corporation and LICENSOR's
predecessor-in-interest by way of statutory merger ("PHI"), pursuant to which
PHI accorded LICENSEE the right to use, sublicense or franchise the PLANET
HOLLYWOOD name and INTELLECTUAL PROPERTY RIGHTS to develop Planet Hollywood
restaurants in certain territories (the "License Agreement");
WHEREAS, LICENSOR succeeded to PHI's rights, duties and obligations under
the License Agreement pursuant to a reorganization which occurred effective as
of January 1, 1995;
WHEREAS, in connection with an agreement between LICENSOR, LICENSEE and
PLANET HOLLYWOOD HOLDINGS PTE. LTD. dated of even date
herewith, LICENSOR and LICENSEE mutually desire to amend said License Agreement
effective as of the date hereof;
NOW, THEREFORE, for and in consideration of the premises and of the mutual
promises and conditions herein contained, and for other valuable consideration,
the receipt and sufficiency of which is hereby acknowledged, the parties do
hereby agree as follows:
1. All terms not herein defined shall have the meanings ascribed to them
in the License Agreement.
2. Section 2(b) of the License Agreement, regarding the Territories
licensed to LICENSEE, shall be amended and restated by deleting the existing
paragraph in full and replacing it with the following:
"(b) The "Territories" shall mean the following countries or cities:
Thailand; Malaysia; The Philippines; Korea; Singapore; Taiwan; South
Africa; Hong Kong; Indonesia; China; Australia; India; United Arab
Emirates; Egypt; Saudi Arabia; Vietnam; Guam and Aukland, New Zealand."
3. This Amended Agreement shall supersede and control over the License
Agreement to the extent of any conflict therewith. Except as otherwise set forth
in this Amended Agreement, all of the remaining provisions of the License
Agreement shall remain in full force and effect and are hereby ratified and
approved.
IN WITNESS WHEREOF, the parties have executed this Amended Agreement as of
the day and year first above written.
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PLANET HOLLYWOOD INTERNATIONAL,
INC., a Delaware corporation
By:
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Name:
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Its:
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PLANET HOLLYWOOD (ASIA) PTE, LTD, a
Singapore corporation
By:
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Name:
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Its:
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