Gross Overriding Royalty Agreement between FuLuCai Productions Ltd. and Douglas MacLeod (April 14, 2010)

Summary

FuLuCai Productions Ltd. has agreed to pay Douglas MacLeod a 0.5% royalty on broadcast licensing revenues from the reality-show concept "The Real Deal." This royalty is only applicable while FuLuCai Productions Ltd. wholly owns the show and is paid annually. The agreement is effective as of April 14, 2010, and is signed by the company's president.

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EX-10.1 6 ex101.htm GROSS OVERRIDING ROYALTY AGREEMENT - DOUGLAS MCLEOD DATED APRIL 14, 2010 ex101.htm

Royalty Grant


This is notice that FuLuCai Productions Ltd. (“FLC”) is, by this notice, granting a one half of one percent (.5%) royalty (the “Royalty”) to Douglas MacLeod, subject to the following terms and conditions:

The Royalty:

1.  
applies only to the reality-show concept known as The Real Deal;
2.  
applies only as long as The Real Deal is wholly owned by FLC;
3.  
is calculated based on broadcast licensing revenues only; and
4.  
is payable annually in arrears.


Signed in Calgary, this 14th. day of April, 2010.


FuLuCai Productions Ltd.
Per:
/s/ James Durward
James Durward
President