Exclusive Production Agreement
This letter will confirm the agreement between American Basketball Association (ABA), an Indiana corporation
and Public Media Works Inc. (PMW), a Delaware corporation regarding the motion picture currently known the
“ The Shock ”.
It is agreed that ABA and PMW will form a Limited Liability Company (LLP) to produce the motion picture
currently known as “ The Shock ”. This partnership will own any and all motion picture, television, broadcast,
home video, remake, sequel, DVD, CD-Rom and all other computer-assisted forms of media, merchandising,
allied, subsidiary and ancillary rights now known or hereafter invented throughout the universe and in any and all
languages related the “ The Shock”.
90% of 100% of the equity will be owned by PMW and 10% of the 100% will be owned by ABA.
The funding requirement for the film is $10 million dollars. It is the plan to offer 50% ownership to the
person/company that funds the movie. The 10% equity of the ABA is non-dulutable.
The 10% ABA equity cements the partnership between Public Media Works and the ABA. The ABA agrees to
fully participate in all aspects of the process and assist with total access to ABA Executives, teams and players.
Furthermore, under the same terms (90%-10%) ABA grants a license to PMW to be the exclusive producer of
all filmed and digital entertainment products fact or fiction, to include motion picture, documentary, TV series,
special features and electronic games for a period of five years (5 years) from the day of signing. In addition,
PMW will extend its sponsorship programs associated with “ The Shock ” to include overall sponsorship in the
ABA. ABA will pay a 30% sales commission to PMW for any sponsorship dollars or Value in Kind (VIK)
sponsorship that PMW brings to the ABA. PMW will also have 100% ownership rights for a license fee of $100
and to develop an ABA league team based on the fic