Royalty Grant
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