1998 hulk hogan contract with wcw

7/23/2019 1998 Hulk Hogan contract with WCW

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DIVii OF URE SPN CNN CN B 053 tl G385(40)612

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M. Tey Boll30 Willadel DeBll 346R: LER OFA G R M ND

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cPINTIFF'S

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his Je will o he pincpa es d condons of te p, Wold CponshpWesing Inc (WCW") d e Bol p/a "Huk Hog (Boll) otr into aee o enew and exend te Ocobr S 1996 Letr of Aemt betwen he pies

1. TR: Unlessohwiseexendedoremnadput o es dcondonsherein etof his Aeemes bgn on May 29, 1998dshl coniu peodor () ye houg My 28 2002 (

2. BONUS: I considraion ofBoea'speonce hee1d, WC pyto Bollea onusn h o ofToMlon Do$2,000,0) to bepdwit re (14) dys

aerBolle

'sexecuon

d delivof this Lee of Agt(he "Ageemt) to WCW.

3 PY PE VWEVE

S

A. Boll wll pooe pp es nd peo t s (6 py p (PPV) nt (t"ven") pe y dug O I) oug The (3) of is Am Bol wil b tfeard estr h of Es.

" consooes ppon n ets, compso !eae of Fen peent (15%) of Oe Hdd pet (00%) of domc PPV cb slrceivy r evt o en=oso {,U)

guee payent (e PPV Gu

te Pymet) p EC. WCW shall pay Boll One Milion Tree ndred d Fy osd Dl ($,350,0)on uly , Novebe and Fe oea One (1) tog (3) of ts Amt

advce o e PPV Gue Paym

l addon o te above PPV Guee Payen, WCW s py Bo ech PPVen n hch he so paicipa, pus o e owg centive Copenson schule

-wcw015754

CONFDETIAL


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E entve Compensaton paens an ajses o he PPV Guat Pant b P doesc cabe sas sha be aae a six 60) das ar h PP vt and onyeea. etive Compensaion d adsenpaens d, i y shll be adwithen (I 0) das th aculain dat.

4 O THUNDERAPA

D"g Yea On {I) ogh {3 of is Aeen Bol sal prt, app tle eo equd b WCW a WC i ad WCW

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Bo's piipatn in sh eens CW sal a Bol twnt-v pt (25%)of he ss aer ana cke revenes ea WCW i and/ WW T wich h appe d stls owver no een w Bos cope TwFive Tod Doa $5,000)pe ee S o wll b pad t Bl thnx eguy sheu WCW al pa da e ped wthn whch T

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Drg Years On {) gh of is Aeemen, Bl wll app d pr sxe {6 uall aed WCW Teleson Tapngs durg ch calnr y Bllas appce d/r aciaon a sc apngs sall b at addl ct t

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ED HUE HOW

Dg ea One 1 hough 3 of hs Aeement Boll wll app d p aeasonable nbe nonlvised house sows as reasonably ut by

fBU!p nelis.u ompetBoly-v pcn %) of he goss {a tct

y nees hou shows shal be paidwihn (30 days hhow. uch aowll be paid t Bolla o the nex reglly schl WWtlt date r he p wn which he nonelese hous shw c.

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ng he e o Aeee WC d Bolea sall have a u pt Bll to app estl and pef al ageeable teatnal a evn.

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puoss o ths seion a "mul opion sh men ht ete p m popos ts BJ pcpaton v o proosa . Ine vent the pis h gemt o Bole's ppo he suh gemnt sh btd i a sep wtig sind b h ps.

8 YA 4 COMPENSATON

WW shal censate Bllea ne Hdd osd Dos ($00000) consultat fee rY Fo 4 of ths ement te ent t Boll pod etlg sec Y Four (4 Bol sh tild to ompnsion on p vt bs odin to te psue st r n stons 3,456 d 7.

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Except 1os sp it mehdsng tems hatBoll's coel preosdsclosed w. 'tng d s o thes ovdd een Bollea s WW he exclse(cludg to t xsion ofBol) worldwide mehdisng d st to Bolls

e, mge, liknss oi h d d all oBols ot ds d ddca used by osoid t Boe o in the usne opofsioal w (Bos"Inellul Popty"):

1. Fo e oneo wit slng eted mehds ld va compy oede stos og elmeg omsItt d relatd es (o a onexcusive sis) d a o relatd evns;

2. For us in oeon wh he ouaon of tospduct or sec set out he s les mes pousy td to WW ( ot the aedlist);

3 For n oneion wthos esng relatpoduc or se out ylee aemnts en into W dug e T oe s Remn WW wll not ene into ins mens pruct or s whm ovrd by se em ned to by Bo (d WW orwrten note osuch om Bo

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adeely a oll. WCW ackowees ta oIl eains he rht o eplot hs neimae, iken oice ad caa x WCW dm ! o sis includin but no mt to WCW d n cecion wit non-stling relatercadsing d licensn incuding u med o s sta esans, sdichessun tn ol, healh dn mixes vitamins ecadse eled o Boea' ovi elevisionmoi d noestling television appec

C Bol shl reive a royal of iy ecen (50%) o e Net Reep as ded hr)eivd y WW on al echd sold dtly y WCW to y onser inoporg"ul Hoga, Holoo oga or Boeas nme eness o cacte. et Reipt hale dened as oss rceits less acUally incud ou o ocket exen

asocited

w t

muce d sale of such mechde e een Bolleas nae, liens or chacter aue

h r n

m conjcton w oer nes liensses or cct, Bo sha ee fpcet (%) ohe pro :ata poion o e Net es eiv by W

D. Bolea shll reive of pen (0%) o e Ac icee e ( erinden) eceive by e icesg f "H ogan or Boll ne ens or

cacter Acta icene Fees shall be dened as lcense ees acually eeivd aer disibutorees d ec e nses actualy ncued d no to eceed nt te evt Bollsne likeness or c ace ae use ee cunc o w oter n, lien ocact Bollea shall receve y peen 0% o te o aa oon of he Aa Licene

-ler v e . W . _

E. Dug e peod ch Boll s a eme o e New Word Ord (NO), Bolll reeive a prootional fee r pomotin he W weng the ne wile elg o, in photo shoot ec) of Twnty ousd os $0,0) pe moth Te fregngnowisdn, no ent ll Bollas ul omoonal fee s he provid be le enve percet (2%) of WC Ne eceps ad Ac Lice Fe (a prode

d D aove) r gnc non-talent secic WO mecndise y ade o thepromoona fherein prod;hal e caculad on a uerly ba (ie, Mrh 31 Je, Steb adDeeb 31) to be id wihn weny (2) day m the end oehsch q.

F Should WC te a 900#/callin holne eaun "u Hog or Hollyood Hogd should olea be availale to rovd recoings said 9#, Boe hall eive oed t{WW &ea ( .herifc tsuc Hone "N eenue" e dened acual eenues reev ad etane by . by ce 90 .h sl

G y payen due to Bolla puan o ectons 9C 9D d 9 hall be alclat on aqu bis d paid in tny (0 days aer he end of each qae. y paydue nder ths uparh hal be accoi by a royaly tate

H. Bo s not be entt to ay se of y revenues devd by o he ae ore eloon of te Inellectual Poey in conecion t () any restling gelsh nd dsbut by W (or ts lcesees) or (ii) e sale or licnsing any i,et or odcassees of any westng ace or ote eent poor by WW

wcw01575

CONFIDETIAL


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ONIS PREC N

addton o he oe ondons onad n pais' oblgaos to tr to hisemen sl b speiall onng uo:

A. Cs eceipt ofan ageemn om M saso o WCW exdig ouh et ofhs Aremnt and auong Boa o pomote, appe, este d otse

perom hs oblgaions heund nding mhandisig d icesg) tzg e e"Huk Hoga (d to alow WC o do h sae) WCW sha use its et efo o negotiatesuch an aeee wh ae ee sh hae no uhoy to comit or bndBolla wot Boas we osen n e ent agreemet with el satscto toWC is onuded () suh ageen sa be oorated i his Aeeet y eece,d (ii) Boea sha repset nd an in s greemet h o dp h yowep nees i ay e o ad ak wich would prclde or resct te se of"log oplad heud ;\ viously disclosed Tit mchdisig its.

B. Boleas submsso o a dg s psu to WCs ubsane Abse Policy, wc Boeaaes he h ecvd and ed and a ndg based o suh st idicating hat Boe isnot unly usg a lgal drgs sods or oer subsac prhit y W

1 A ITJOAL TEMS AD C O

A Boa sha esent nd ne ala a he hs the ll rht authoy d abiyo pomo appe, sle ad p and to otheise per is obligaos, all conempa hee, d t h con, div and perace o s Aet he consed o nd auhoized by a ndvdals o etis rqed to cot to dauoie he sme, will no conrav an law relatio judt or dee apicae tBoa and will o cas or res in a bach o or dlt der y o at, cnctor undrsandg to wih Bollea s a pa o rie ay payet W d scicludig without iitaio tha ca eter aeeme bewe ll Tt So Mel dated Mc 5, 8 ( Aeemet, he Medisg At Boll and Tit pos dae Jua 95 d he leer aeem etwe Bol nd TnSpos dad oveer 2, 992 oey "Tia Ageem Sch prestatod wes sha b suppoed ndmcatio by Bol actale to W

B WC sha hav he gh o s ngoaio (to last o loge e 14) dowg e e fT) oes wrlg a slgrad sec wele moh peod llowg inao oftisAe

C en rquied to avel r C as ontmplaed heredr Bo ll ree lsair trave s-ass se hotel aconodaons, limousie trasortatioade dSeveFi Doll ($1700) dem.

D Ep as spcica proded in hs pgh, dung he Bollea shall ot, drtyo ndrc be empoyed b p sces g sim d/o ceses to o

WW015758

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Bath Towels

Bath Mts

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alloween Costumes

Valentines

Mg- (S in Mg) Bowing Leage (bowling balls, shishats

Gmball ahines

Theme ResantGumbal Toppe

Credt dsox alends

Westle BddesCaed

Posteoxer Shos

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CONFIDENTIAL

1998 hulk hogan contract with wcw

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