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ral SS) That each photoplay shali be of. first class quality and be of the standard suitebdieone for distribution through you, and I will agree to expend on the cost of production of each such phctoplay not less than the everece sum of $400,000. ° Thet with respect to any photonby as to which you shall have-the richt of apvroval of the story, director or princtpal player, in the event of your refusal to give such approval, end I sheii deem such refussl to avorove as un. reasonebdle on your pert, that I shall have the right to have the subject matter of such srprovel submitted to arb itration. Such arbitrator shell be. selected in the following semence: Dr. A.H. Giannini, or if he shall not be available or refuse to act, Mendel Silberberg, or if he shall not be » available or refuse to ect, Spyros Skouros, or if he shell not be available or refuse to act, then such person as shel. be selected by the Hays organization end the deeision of any such erbitrator Sheaii be binding and conclusive upon both of us.
That on or before April Ist of each year, I shail submit to you the nemes of the photopleys which I comtemplate delivering to you : during the year period commencing the following..-—— a September lst, and I agree to make delivery to you of such specific photoplays during such year period. In case, however, because of events beyond my control, I shail be unable to meke delivery of any such specific photoplay, .shen I shall be excused from doing so, but my minimum obligation for that year shall remein and continue in effect. |
Theat the terms of distribution shall be the same as the regular producer owners terms, . including participation in any producers fund during _ the same period and in the same manner es the producer owners-maey perticipate therein.
“<-> That each such photoolay other than Lubitsch productions shall be actually produced by me and my name shail be prominently mentioned as such »roducer in zit advertising end on the film and
I shall have a substantial financial interest in each such photoplay.