Common Contracts

2 similar null contracts by Film Department Holdings, Inc.

Contract
New York • May 5th, 2020

EX-10.2 5 p16633a4exv10w2.htm EX-10.2 Exhibit 10.2 THE WEINSTEIN COMPANY 375 Greenwich Street, 3rd Floor New York, New York 10013 Dated as of December 24, 2009 The Film Department LLC 8439 Sunset Blvd. 4 2nd Floor West Hollywood, CA 90069

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Contract
Film Department Holdings, Inc. • April 6th, 2010 • Services-motion picture & video tape production • New York

Picture, of 100% of the amount of “P&A Budget” (as defined herein) for such Picture or TWC’s receipt from Licensor of such other financial assurances to secure TWC’s receipt of the amount of the P&A Budget (in a form acceptable to TWC in its sole discretion) for the full amount of such P&A Budget (“Funding Condition Precedent”). Notwithstanding the foregoing or anything else to the contrary in this Agreement, the parties acknowledge and agree that on a Picture-by-Picture basis, the actual “licensor” to TWC of the Rights set forth herein may be a single purpose company which contains no assets other than the applicable Picture (“SPC”), and in such event, Licensor shall cause the SPC to execute the Short Form Assignment in lieu of Licensor provided that the SPC agrees in writing to be bound by all of the terms, conditions and obligations hereof and provided further that Licensor shall remain liable hereunder with respect to all Pictures.

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