Anthony J. Carino, Jr. and Jill V. Carino - Page 5




                                        - 4 -                                         
               In 1994, Heather auditioned for and was selected by                    
          Theatrical Presentations International, Inc. (TPI), to be a Fan             
          Fest Kid at Major League Baseball’s All-Star festivities in                 
          Pittsburgh.  She performed in a musical-type show for 2 weeks and           
          at the All-Star Game during the seventh-inning stretch.  She                
          received no compensation for these performances.                            
               Mr. Carino got to know, and had dealings with, TPI and its             
          executive vice president, Mindy Dow.  He testified that Ms. Dow             
          encouraged him to enter into a management contract with his                 
          daughter and showed him several examples of management contracts.           
               Mr. Carino and his daughter executed a document entitled               
          “Personal Management Agreement”, dated December 31, 1994, which             
          stated a 3-year term with three separate options to renew for               
          additional periods of 3 years.  That document stated that Mr.               
          Carino was to act as his daughter’s sole personal manager and was           
          to provide services normally performed by such a person.  The               
          document then states:                                                       
               5.   A.     As compensation for services to be rendered                
                           hereunder, Artist shall pay Manager, as and                
                           when received by or on behalf of Artist a                  
                           sums [sic] of money equal to:                              
                           i.      Ten percent (10%) of Artist’s                      
                                   “gross earnings”, up to and                        
                                   including earnings in the amount of                
                                   Five Thousand Dollars ($5,000.00)                  
                                   per week, as defined herein;                       
                           ii.     Fifteen percent (15%) of Artist’s                  
                                   “gross earnings”, in excess of Five                
                                   Thousand dollars ($5,000.00), but                  





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