{"id":42037,"date":"2015-09-17T11:25:58","date_gmt":"2015-09-17T16:25:58","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/contracts\/uncategorized\/agreement-of-strategic-relationship-lucasfilm-ltd-and-hasbro2.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"agreement-of-strategic-relationship-lucasfilm-ltd-and-hasbro2","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/operations\/agreement-of-strategic-relationship-lucasfilm-ltd-and-hasbro2.html","title":{"rendered":"Agreement of Strategic Relationship &#8211; Lucasfilm Ltd. and Hasbro Inc."},"content":{"rendered":"<pre>\n             FIRST AMENDMENT TO AGREEMENT OF STRATEGIC RELATIONSHIP\n\n\nReference is made to the Agreement of Strategic Relationship (the 'Strategic\nAgreement') made and entered into as of October 14, 1997, between Lucasfilm\nLtd., a California corporation ('Lucasfilm'), located at P.O. Box 2009, San\nRafael, CA 94912, on the one hand, and Hasbro, Inc., a Rhode Island corporation,\nlocated at 1027 Newport Ave., Pawtucket R.I. 02862-1059 ('Hasbro'), on the other\nhand.\n\nFor good and valuable consideration, the receipt and adequacy of which is hereby\nacknowledged by the parties, the parties hereby agree to amend the Strategic\nAgreement as follows:\n\n1. Paragraph 3.2 of the Strategic Agreement shall be supplemented and amended so\nthat the definition of the 'Toy Agreement' in the Strategic Agreement shall\nrefer to the Toy Agreement as amended pursuant to that certain First Amendment\nto Toy Agreement dated as of September 25, 1998 (the 'First Toy License\nAmendment').\n\n2. Paragraph 4 (Warrant) shall be supplemented and amended by adding a new\nParagraph 4.A., as follows, after the end of the final sentence thereof:\n\n      'A. Concurrently with the closing of either: (i) the merger of Hasbro (or\na wholly-owned subsidiary of Hasbro) with Galoob Toys, Inc., a Delaware\ncorporation ('Galoob') or (ii) the acquisition by Hasbro (or a wholly-owned\nsubsidiary of Hasbro) of Fifty Percent (50%) or more of the capital stock of\nGaloob or the acquisition of all or substantially all of the assets of Galoob\n(the 'Galoob Acquisition'), Hasbro hereby agrees to issue to Lucasfilm a warrant\nin the form attached hereto as Exhibit A (the 'Exchange Warrant') for the\npurchase of up to One Million Six Hundred Thousand (1,600,000) fully paid and\nnon-assessable shares of the common stock of Hasbro following exercise of such\nwarrant at a per share exercise price equal to thirty-five dollars ($35.00),\nsubject to adjustment as provided in the Exchange Warrant, in exchange for the\nfully unexercised warrant dated October 14, 1997 issued to Lucasfilm by Galoob.'\n\n3. The terms and conditions of this first amendment to the Strategic Agreement\n(the 'First Strategic Amendment') shall become effective concurrently with the\nclosing of the Galoob Acquisition; provided, however, that if the closing of the\nGaloob Acquisition has not occurred on or before March 31, 1999, then this First\nStrategic Amendment shall automatically terminate and be of no further force and\neffect.\n\nIn all respects other than those specifically enumerated above, the Strategic\nAgreement shall remain in full force and effect.\n\nThis First Strategic Amendment is entered into as of September 25, 1998.\n\n\n                                       1\n\n\nLUCASFILM  LTD. ('Lucasfilm')            HASBRO, INC. ('Hasbro'), a Rhode\n                                         Island Corporation\n\nBy:   \/s\/ HOWARD ROFFMAN                 By:  \/s\/ ALFRED J. VERRECCHIA\n   ----------------------------             --------------------------------\n         \nTitle:    Vice President                 Title: Executive Vice President and\n      -------------------------                -----------------------------\n                                                President-Global Operations\n\n\n                                        2\n\n\n\n                                                                     EXHIBIT A\n\n\n                          [Filed as a separate exhibit.]\n\n\n                                        3\n\n\n\n\n\n<\/pre>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[7732],"corporate_contracts_industries":[9403],"corporate_contracts_types":[9613,9617],"class_list":["post-42037","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-hasbro-inc","corporate_contracts_industries-consumer__toys","corporate_contracts_types-operations","corporate_contracts_types-operations__jv"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts\/42037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts"}],"about":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/corporate_contracts"}],"wp:attachment":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=42037"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=42037"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=42037"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=42037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}