Medieval Attractions N.V - Page 89

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               ”Medieval Times” and this purchase will be financed by                 
               loans from the 7 “NV” Corporations.                                    
          The letter also noted that the two shares of Gatetown stock had             
          been increased to 100 shares with 50 each being held by Mayol and           
          de Oteyza.                                                                  
               Jon Edwin Hokanson (Hokanson) was an intellectual property             
          specialist with the law firm of Lyon & Lyon (LL) in Los Angeles.            
          Hokanson was drafting licensing agreements between Manver and               
          MTNV for the use of the intangibles.  At this time, however, it             
          was still uncertain who would "own" the intangibles that were               
          being licensed.  Hokanson spoke with Forsyth on November 7, 1986,           
          regarding the licensing agreement.  In a letter to Forsyth dated            
          November 11, 1986, Hokanson enclosed a new draft of the licensing           
          agreement.  The new draft expanded the scope of services provided           
          to the licensee to include the right of the licensee to engage in           
          a business system, in addition to the right of the licensee to              
          use the servicemark. Hokanson believed that the transaction fell            
          within the California Franchise Law, and he had already advised             
          A. Gelabert of that opinion.  Hokanson stated that he was                   
          forwarding a copy of the revised licensing agreement to                     
          A. Gelabert.                                                                
               In addition to Hokanson, Forsyth spoke to Santandreu on                
          November 7, 1986.  In a November draft of a letter to Santandreu,           
          Forsyth recapped a November 7, 1986, conversation and supplied              
          further details on the proposed structure of Medieval Times.                





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