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5. PAYMENT SCHEDULE(S): All payments shall be paid by Certified Check, Money Order, Wire Transfer, Bank Drafts, Credit Cards, Pay Pal, and Cash as follows: a) 10% or $20,000.00 as deposit to lock-in the offer to be paid on June 16, 2008 (Monday). b) 40% or $80,000.00 representing full amount of 50% down payment on June 23, 2008 (Monday) upon contract signing. c) 50% or $100,000.00 representing full payment to be paid on October 1, 2008 (Wednesday)
FAILURE TO PAY IN FULL BY DUE DATES WILL RESULT IN THE CANCELLATION OF THIS AGREEMENT.
PURCHASER shall first apply any and all receipts derived from the entertainment presentation to the payments required hereunder: All payments shall be made in full without any deductions whatsoever. Overages, if any, shall be paid to the Artist at settlement on evening of performance. THE FOLLOWING IS THE BANK WIRE INFORMATION FOR ALL WIRES TO GME ENTERTAINMENT INC. GME ENTERTAINMENT BANK NAME: CHASE BANK BANK ADDRESS: 76 EAST 161ST Bronx, New York 10451 ACCOUNT #: 7824 02952 Routing #:021 0000 21 Swift Code: CHASUS33 6. PURCHASER to supply ARTIST with the following equipment for the show: Professional sound, lights and all rider requirements. PURCHASER agrees to no advertising until deposit and fully signed contract and rider are received by GME ENTERTAINMENT INC. ARTIST shall not be bound by any terms or conditions contained herein, until such time as all rider requirements are met to the satisfaction of the ARTIST. This constitutes the sole, complete and binding agreement between the parties hereto. AGREED AND ACCEPTED
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O/B/O CHRIS BROWN Name: Marc Livingston Position: Co-President GME ENTERTAINMENT INC.
THE ABOVE SIGNATURES CONFIRM THAT THE PARTIES HAVE READ AND APPROVED EACH AND ALL OF THE ADDITIONAL TERMS AND CONDITIONS SET FORETH AS AN ATTACHEMENT HERETO.