STOCK OPTION AGREEMENTStock Option Agreement • September 27th, 2007 • Global Music International, Inc. • Cable & other pay television services • Florida
STOCK OPTION AGREEMENT (the “Agreement”), dated as of _______ between Global Music International, Inc., a Florida corporation (the “Company”), and _______ (the “Optionee”):
MUSIC VIDEO REPRODUCTION AND EXHIBITION AGREEMENTMusic Video Reproduction and Exhibition Agreement • September 27th, 2007 • Global Music International, Inc. • Cable & other pay television services • New York
This Music Video Reproduction and Exhibition Agreement (the “Agreement”), dated as of October 26, 2006 (the “Effective Date”), is made by and between Global Music International, Inc. d/b/a Independent Music Network d/b/a “IMN TV”, 30 Grassy Plain Street, Suite 7, Bethel, CT 06801 (hereinafter “Company”) and SONY BMG MUSIC ENTERTAINMENT, 550 Madison Avenue, New York, New York 10022 (hereinafter “SONY BMG," "us" or "we").
Telecommunication Services License AgreementServices License Agreement • September 27th, 2007 • Global Music International, Inc. • Cable & other pay television services
GLOBAL MUSIC INTERNATIONAL, INC.Global Music International, Inc. • September 27th, 2007 • Cable & other pay television services
As you know, we have agreed to pay (i) James Fallacaro (“Jim”) an annual salary of $150,000 in connection with his service as an employee of the Company for the year ending December 31, 2007, such payments to be made twice per month, commencing January 1, 2007, and (ii) Corinne Fallacaro (“Corinne”), $50,000 to be paid as of the date of her resignation as our Chief Executive Officer and President. Because of the constraints on our liquidity and financial resources, each of you has agreed, at our request, to defer such payments. To ensure that this deferral does not subject you to the additional tax contemplated by Section 409A of the Internal Revenue Code of 1986, as amended, and the rules and regulations promulgated thereunder, the parties hereto have agreed that these payments would be made to you on a pari passu basis on the earlier to occur of (i) the date that the Board in its discretion determines that the Company is cash-flow positive, (ii) such payment would no longer jeopardiz
Agreement on Distribution of Whole SongsAgreement • September 27th, 2007 • Global Music International, Inc. • Cable & other pay television services
This Agreement is entered into by and between Party A and Party B in Beijing on January 23, 1007 (01/23/2007), through negotiation in a cooperative spirit, and in compliance with the Contract Law of the People’s Republic of China, the Copyright Law of the People’s Republic of China, and other pertaining laws and regulations.
