Common Contracts

3 similar null contracts by Seven Arts Pictures PLC

SEVEN ARTS PICTURES PLC - and - SMITH & WILLIAMSON TRUSTEES (JERSEY) LIMITED TRUST DEED establishing THE SEVEN ARTS PICTURES EMPLOYEE BENEFIT TRUST Lewis Silkin LLP Clifford's Inn London EC4A 1BU Ref: SFC
Seven Arts Pictures PLC • September 27th, 2010 • Services-motion picture & video tape production • Jersey

Clause Page number 1 Definitions and interpretation 3 2 Declaration of Trusts 5 3 Application of funds 5 4 Payments to the Trust 9 5 Deduction of tax 10 6 Information provided to the Trustees 10 7 Powers of exclusion 11 8 General powers of the Trustees 12 9 Dealings with reserved shares :17 10 Trustees' liability 18 11 Company to indemnify the Trustees 19 12 Appointment retirement and removal of Trustees 20 13 Remuneration of Trustees 21 14 Waiver of dividends and voting rights 22 15 Governing law 23 16 Alteration of Governing law 23 17 Powers of the Company and the Trustees 23 18 Amendment of Trust Deed 24 19 Restrictions on exercise of powers 24 20 Exclusion of the Company and Group Companies from benefit 25 21 Trustees may be interested in Group Companies 25 22 Maximum Value of Benefits 25 23 Power to Disclose Information 25 24 Counterparts 26 25 Irrevocability 26

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