Discovery Communications One Discovery Place Silver Spring, MD 20910 ###-###-#### As of March 17, 2005 World Poker Tour 1041 North Formosa Avenue Suite 99 West Hollywood, CA 90046 Attn: Steve Lipscomb Re: World Poker Tour Option Exercise Letter Season 4

EX-10.1 2 exhibit1.htm EX-10.1 EX-10.1
         
Discovery Communications
  One Discovery Place
 
  Silver Spring, MD 20910
 
  240 ###-###-####

As of March 17, 2005

     
World Poker Tour
 
 
   
1041 North Formosa Avenue
 
   
Suite 99
West Hollywood, CA 90046
Attn: Steve Lipscomb
Re:
 


“World Poker Tour” — Option Exercise Letter — Season 4

Dear Steve:

Reference is made to (i) that certain master agreement (the “Master Agreement”) dated as of August 22, 2003 between WORLD POKER TOUR L.L.C. (“Producer”) and THE TRAVEL CHANNEL, L.L.C. (“TRV”); and (ii) that certain agreement attached to the Master Agreement (the’ “Attachment”), dated as of August 22, 2003 between Producer and TRV in connection with the second season of the television production currently known as the “World Poker Tour” (the “Program”), as amended through the date hereof. The Master Agreement and the Attachment are collectively hereinafter referred to as the “Agreement.”

Except as otherwise defined herein, capitalized terms used but not defined herein shall have the meanings as set forth in the Agreement.

In accordance with and subject to Paragraph 4 of the Attachment, TRV hereby exercises its Option for an Additional Series Order in connection with the fourth Season pursuant to the terms of the Agreement, with the understanding that the Additional Series Order will be comprised of seventeen (17) Additional Series Episodes plus three (3) Specials.

Very truly yours,

TRAVEL CHANNEL, LLC.

By: /s/ Daniel W. Russell

      V.P. Programming

Travel Channel

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