Confidential Memorandum of UnderstandingMemorandum of Understanding • November 4th, 2015 • FONU2 Inc. • Retail-misc general merchandise stores
This Memorandum of Understanding (“MOU”) between Effingham County Industrial Development Authority (“ECIDA”) and FONU2, a publicly traded company, that operates under the name of Moon River Studios (“Moon River”). Moon River is currently in default under a Bond Lease and MOU (with associated agreements) with the ECIDA that it wishes to terminate and renegotiate a new movie studio project. The planned movie studio site is located in Effingham County, Georgia on property commonly known as the “North Tract”.
SETTLEMENT AGREEMENT AND MUTUAL RELEASESettlement Agreement • November 4th, 2015 • FONU2 Inc. • Retail-misc general merchandise stores • Illinois
This Settlement and Mutual Release Agreement (the "Agreement") is entered into as of this 23 day of October 2015 between and among Plaintiff Mammoth West Corporation d/b/a Mammoth Corporation ("Mammoth") and Defendants Moon River Studios, Inc. F/K/A Medient Studios, Inc. ("MDNT"), Joel Shapiro a/k/a Jake Shapiro ("Shapiro"), and FONU2, Inc. ("FONU2") ("collectively the "Defendants"). Mammoth and each of the Defendants may be referred to as a "Party" and collectively they may be referred to as the "Parties".
DISTRIBUTION AGREEMENTDistribution Agreement • November 4th, 2015 • FONU2 Inc. • Retail-misc general merchandise stores • New York
This Agreement and the attached Standard Terms (collectively, the “Agreement”) are dated as of September 30, 2015 and set forth the terms of the Agreement between FONU2, Inc. doing business as Moon River Studios, Inc. (“Owner” or a “Party”) of 135 Goshen Road Ext., Suite 205, Rincon, Georgia 31326 and Magna Entertainment (“Magna” or a “Party”) (and together with the Owner, collectively, “Parties”) with respect to Owner’s engagement of Magna as agent in connection with the distribution and exploitation of the motion picture “Yellow.” The motion picture (written by Nick Cassavetes and Heather Wahlquist, directed by Nick Cassavetes and starring Heather Wahlquist, Sienna Miller, Melanie Griffith, Lucy Punch, Ray Liotta, Gena Rowlands…), currently titled Yellow (“Picture”) shall be distributed on the following terms and conditions:
