0000891554-99-001498 Sample Contracts

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May 28, 1999 Peaches Entertainment Corporation 1180 East Hallandale Beach Blvd. Hallandale, FL 33009 Gentlemen: It is the purpose of this letter agreement to confirm that, in consideration of the benefit which would be expected to accrue to URT...
Letter Agreement • July 26th, 1999 • Urt Industries Inc • Retail-record & prerecorded tape stores

It is the purpose of this letter agreement to confirm that, in consideration of the benefit which would be expected to accrue to URT Industries, Inc. ("URT"), URT hereby agrees that, in the event that funds generated from the operations of Peaches Entertainment Corporation ("PEC"), and the proceeds of debt financing, are insufficient to meet PEC's current projected operating requirements during the fiscal year period ending April 2, 2000, then URT will take any necessary action to see that funds are available to cover any such shortfall up to April 2, 2000.

December 23, 1998 Mr. Allan Wolk 1180 East Hallandale Beach Boulevard Hallandale, FL 33009 Dear Mr. Wolk: It is the purpose of this letter to confirm our agreement to further amend the Amended and Restated Employment Agreement, dated as of the first...
Employment Agreement • July 26th, 1999 • Urt Industries Inc • Retail-record & prerecorded tape stores

It is the purpose of this letter to confirm our agreement to further amend the Amended and Restated Employment Agreement, dated as of the first day of October, 1994 (the "Employment Agreement"), between URT Industries, Inc. ("URT"), and yourself ("Employee"), as previously amended, in the manner described below:

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.

As of October 1, 1997
Employment Agreement • July 26th, 1999 • Urt Industries Inc • Retail-record & prerecorded tape stores
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