Attached files
Royalty Grant
This is notice that FuLuCai Productions Ltd. (“FLC”) is, by this notice, granting a one half of one percent (.5%) royalty (the “Royalty”) to Douglas MacLeod, subject to the following terms and conditions:
The Royalty:
1.
|
applies only to the reality-show concept known as The Real Deal;
|
2.
|
applies only as long as The Real Deal is wholly owned by FLC;
|
3.
|
is calculated based on broadcast licensing revenues only; and
|
4.
|
is payable annually in arrears.
|
Signed in Calgary, this 14th. day of April, 2010.
FuLuCai Productions Ltd.
Per:
/s/ James Durward
James Durward
President