RECITALSRevolving Credit Agreement • May 15th, 1997 • K Tel International Inc • Phonograph records & prerecorded audio tapes & disks • Minnesota
EXHIBIT 10.47 K-TEL INTERNATIONAL, INC. NON-QUALIFIED STOCK OPTION AGREEMENT THIS AGREEMENT made and entered into as of November 18, 1996, by and between K-TEL INTERNATIONAL, INC., a Minnesota corporation (the "Company"), and PHILIP KIVES, a Canadian...Non-Qualified Stock Option Agreement • May 15th, 1997 • K Tel International Inc • Phonograph records & prerecorded audio tapes & disks • Minnesota
