Medieval Attractions N.V - Page 95

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          is named Franchising.”  The document listed Santandreu as the               
          representative for Eurotor and J. Montaner as the representative            
          for TM.                                                                     
               The second document was a copy of the January 24, 1983,                
          contract that Allen drafted, discussed earlier.  It was the only            
          signed document.                                                            
               The third document was dated February 1, 1983, and titled              
          “CONTRACT BETWEEN TORNEO MEDIEVALES S.A. AND MEDIEVAL TIMES N.V.”           
          This document purported to bind MTNV to the 10 percent of gross             
          production to which Eurotor and TM agreed in the January 20,                
          1983, agreement.  It provided for TM to license to MTNV, for a              
          period of 5 years beginning February 1, 1983, “that the latter              
          may use the name of MEDIEVAL TIMES, trademark, idea, guide and              
          operations manual, which are the property of TORNEOS [TM] in the            
          territory of the United States of America and Canada, of the                
          DINNER SHOW, OF A MEDIEVAL THEME WITH TOURNAMENTS OF THE SAME               
          PERIOD, (herein called ‘FORMULA’)”.                                         
               MTNV would be required to pay to TM 10 percent of its gross            
          income beginning when MTNV reached a daily average of 700 clients           
          per day, as set forth in the January 20, 1983, joint                        
          venture agreement between TM and Eurotor.  TM was to assist MTNV            
          with choreography, design and upkeep of the costumes and                    
          accessories, the equestrian part of the show, fights and duels              
          and selection and control of the weapons, and catering (system of           
          preparing and serving meals).  TM was also to be responsible for            




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