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EXHIBIT 10.109
EXTENSION LETTER FOR PROMISSORY NOTES
DATED AS OF DECEMBER 31, 1998
This Extension Letter hereby amends those certain Promissory Notes
listed below by and between American Artists Film Corporation (therein called
"Obligor") and Xxxxxx X. Xxxxx, (therein called "Holder") and extends the due
dates of said Promissory Notes for a period of 365 days with all principal and
any accrued but unpaid interest due on or before December 31, 1999.
Date of Promissory Note Amount of Promissory Note
----------------------- -------------------------
(1) As of July 31, 1997 $ 6,423.00
(2) August 8, 1995 $ 9,691.00
(3) April 17, 1995 $ 27,500.00
(4) August 16, 1994 $ 5,101.00
(5) March 31, 1994 $ 2,613.17
(6) December 31, 1993 $ 18,514.86
IN WITNESS WHEREOF, the undersigned has caused this Extension Letter to
be duly executed under the seal on the date and year first above written.
"OBLIGOR"
By: /s/ XXXXXX XXXXXXXX
--------------------------------------
American Artists Film Corporation
0000 Xxxxxx Xx., X.X.
Atlanta, Georgia 30318
"HOLDER"
/s/ XXXXXX X. XXXXX
------------------------------
Xxxxxx X. Xxxxx
