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EXHIBIT 10.76
April 30, 1998
Xx. Xxx Xxxxx
0000 Xxxxx Xxxx, X.X.
Xxxxxxx, Xxxxxxx 00000
RE: Interest Agreement - False River, LLC
Dear Xx. Xxxxx:
This letter will confirm our agreement to pay you ten percent (10%)
interest on all of your False River, LLC investments until such time that those
investments are re-paid out of proceeds from the sale of any and all
distribution rights associated with the feature film currently titled False
River. This agreement is entered into in consideration of your commitment to be
the initial and largest investor in False River, LLC.
Very Truly Yours,
/s/ Xxxxxx X. Xxxxx
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Xxxxxx X. Xxxxx
Chairman and CEO
American Artists Film Corporation