Common Contracts
6 similar Intercorporate Agreement contracts by Urt Industries Inc, Peaches Entertainment Corp
EXHIBIT 10.90 URT Industries, Inc. 1180 E. Hallandale Beach Blvd. Hallandale, Florida 33009 April 14, 2000 Peaches Entertainment Corp. 1180 East Hallandale Beach Blvd. Hallandale, Florida 33009 Gentlemen: It is the purpose of this letter to confirm...Intercorporate Agreement • November 22nd, 2000 • Peaches Entertainment Corp • Retail-record & prerecorded tape stores
It is the purpose of this letter to confirm the agreement of URT Industries, Inc. ("URT") that the compensation payable by Peaches Entertainment Corporation ("PEC") to Allan Wolk, pertaining to the services of Allan Wolk, pursuant to the agreement dated January 1, 1996 between URT and PEC, as such agreement has previously been amended (the "Intercorporate Agreement"), shall be $248,000 for the fiscal year ending April 1, 2000. Other than as set forth immediately above, the Intercorporate Agreement shall remain in full force and effect.
July 9, 1999 Peaches Entertainment Corporation 1180 East Hallandale Boulevard Hallandale, FL 33009 Gentlemen: It is the purpose of this letter to confirm our agreement that URT Industries, Inc. ("URT") agrees that the salary payable by Peaches...Intercorporate Agreement • July 26th, 1999 • Urt Industries Inc • Retail-record & prerecorded tape stores
It is the purpose of this letter to confirm our agreement that URT Industries, Inc. ("URT") agrees that the salary payable by Peaches Entertainment Corporation ("PEC"), to Allan Wolk, pertaining to the services of Allan Wolk, pursuant to the agreement dated January 1, 1996 between URT and PEC, as such agreement has previously been amended (the "Intercorporate Agreement"), shall be $20,833.33 per month ($250,000 per annum), for a period of three months effective January 1, 1999 and continuing until April 3, 1999. Other than as set forth immediately above, the Intercorporate Agreement shall remain in full force and effect.
EXHIBIT 10.12 [Letterhead of URT Industries, Inc.] December 23, 1998 Peaches Entertainment Corporation 1180 East Hallandale Boulevard Hallandale, FL 33009 Gentlemen: It is the purpose of this letter to confirm our agreement that URT Industries, Inc....Intercorporate Agreement • July 26th, 1999 • Urt Industries Inc • Retail-record & prerecorded tape stores
It is the purpose of this letter to confirm our agreement that URT Industries, Inc. ("URT") agrees that the salary payable by Peaches Entertainment Corporation ("PEC"), to Allan Wolk, pertaining to the services of Allan Wolk, pursuant to the agreement dated January 1, 1996 between URT and PEC, as such agreement has previously been amended (the "Intercorporate Agreement"), shall be $20,833.33 per month ($250,000 per annum), for a period of nine months effective April 1, 1998 and continuing until December 31, 1998. Other than as set forth immediately above, the Intercorporate Agreement shall remain in full force and effect.
March 17, 1997 Peaches Entertainment Corporation 1180 East Hallandale Boulevard Hallandale, FL 33009 Gentlemen: It is the purpose of this letter agreement to confirm that, in consideration of the benefit expected to accrue to URT Industries, Inc....Intercorporate Agreement • July 13th, 1998 • Urt Industries Inc • Retail-record & prerecorded tape stores
It is the purpose of this letter agreement to confirm that, in consideration of the benefit expected to accrue to URT Industries, Inc. ("URT"), by amending, in the manner described below, the agreement dated January 1, 1996 between URT and its subsidiary, Peaches Entertainment Corporation ("PEC"), pertaining to the services of Allan Wolk (the "Intercorporate Agreement"), URT agrees that the salary payable by PEC to Allan Wolk pursuant to the Intercorporate Agreement shall be and is hereby reduced from Five Hundred Thousand Dollars ($500,000) per annum to Four Hundred Thousand Dollars ($400,000) per annum for a period of two years effective March 1, 1997 and continuing until February 28, 1999. Other than as set forth immediately above, the Intercorporate Agreement shall remain in full force and effect.
May 26, 1998 Peaches Entertainment Corporation 1180 East Hallandale Beach Boulevard Hallandale, FL 33009 Gentlemen: It is the purpose of this letter agreement to confirm that, in consideration of the benefit expected to accrue to URT Industries, Inc....Intercorporate Agreement • July 13th, 1998 • Urt Industries Inc • Retail-record & prerecorded tape stores
It is the purpose of this letter agreement to confirm that, in consideration of the benefit expected to accrue to URT Industries, Inc. ("URT"), by amending, in the manner described below, the agreement dated January 1, 1996 between URT and its subsidiary, Peaches Entertainment Corporation ("PEC"), pertaining to the services of Allan Wolk (the "Intercorporate Agreement"), as previously amended pursuant to the letter agreement dated March 17, 1997 between URT and PEC, URT agrees that with respect to the three month period beginning January 1, 1998 and ending March 28, 1998, the salary payable by PEC to Allan Wolk pursuant to the Intercorporate Agreement, as so amended, shall be and is hereby further reduced from a rate of Four Hundred Thousand Dollars ($400,000) per annum to a rate of Three Hundred Thousand Dollars ($300,000) per annum. Other than as set forth immediately above, the Intercorporate Agreement shall remain in full force and effect.
EXHIBIT 10.63 January 1, 1996 I understand that URT is simultaneously entering into a letter agreement dated January 1, 1996 (the "Intercorporate Agreement") with its subsidiary, Peaches Entertainment Corporation ("PEC"), which provides that URT will...Intercorporate Agreement • February 14th, 1996 • Urt Industries Inc • Retail-record & prerecorded tape stores
