Royalty Agreement between Fulucai Productions Ltd. and James Durward dated October 14, 2011

Summary

Fulucai Productions Ltd. and James Durward have agreed that Fulucai will cover all production costs and provide production services for the intellectual property "All the Wrong Reasons." James Durward will contribute script input as needed and oversee production and post-production. In return, Fulucai will pay Durward a 20% royalty on all worldwide revenues from the production. The agreement sets a production cost expectation of no more than $12,000.

EX-10.1 2 ex101.htm ROYALTY AGREEMENT BETWEEN THE COMPANY JAMES DURWARD DATED OCTOBER 14, 2011 ex101.htm

Royalty Agreement

October 14, 2011

Between:

Fulucai Productions Ltd.

(“Fulu”)

-and-

James Durward

(“Durward”)

(collectively the “Parties”)

Whereas the Parties are desirous of entering into a business arrangement designed to expedite the production of the intellectual property know as “All the Wrong Reasons (WGA REGISTRATION: 1533357), the Parties hereby agree as follows:

1.	Fulu will be responsible for all production costs to date and all ongoing production costs. These costs in total are not expected to be more than US$12,000.00;

2.	Fulu will provide all production services;

3.	Durward will provide script input on an as-needed basis and will manage the production and post-production process;

4.	Fulu will pay Durward a gross overriding Royalty of 20% of any and all worldwide revenues generated by, or derived from, the Production.

Signed and agreed to in Calgary, this 14th day of October, 2011

/s/James Durward

James Durward

Fulucai Productions Ltd.

Per:

/s/Gordon Rix

Gordon Rix

Director