TV’s American Idol host, Ryan Seacrest, has signed a $45 million dollar contract with the long running reality show. Exhibit 10.1 is a $30 million dollar guarantee agreement payable to Ryan Seacrest for his services and network exclusivity on American Idol seasons 9, 10 and 11. Exhibit 10.2 is a $15 million dollar consideration agreement also payable to Ryan Seacrest for the right of American Idol to use his personal goodwill in media for the show.

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CKX is guaranteeing and paying to RSE the sum of $30M (the “Guarantee”), as more fully discussed in paragraphs 6 and 7 below.

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Simultaneously with the execution hereof, CKX shall acquire and the Trust shall sell certain assets (the “Assets”) owned, used or held for use by the Trust (as described in paragraph 2 below) free and clear of any and all liens and encumbrances for total consideration of $15M (the “Consideration”) as more fully discussed in paragraph 6 below.

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Legal document provider RealDealDocs.com released a free contract clause library to the general public today.

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The Obama administration has appointed Kenneth R. Feinberg Compensation Czar; giving him the responsibility of setting the salaries for 175 executives at the nation’s seven largest companies who received government bailout funds.

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Italy’s largest car manufacturer, Fiat, has purchased a commanding share of the Chrysler Group LLC utilizing an asset purchase agreement. Retaining the largest percentage of the Chrysler Group LLC over Fiat is the United Auto Workers’ retiree healthcare trust fund. The completion of the asset purchase agreement between Fiat and Chrysler makes the joint operation the sixth largest car maker in the world.

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Golden Eagle International Inc. drafted a stock subscription agreement for a total sum of over $20 thousand dollars at $0.0007 per share. The DigitalTown Inc. stock subscription agreement details the terms for the company’s stock plan breakdown per employee. Both of these Stock Subscription Agreements are available in their entirety on the RealDealDocs.com website.

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The Premiere Global Services Inc. stock restriction agreement sets the terms for the technology company’s Directors Stock Plan. The Soapstone Networks Inc. stock restriction agreement is an employee global stock plan. Both of these Stock Restriction Agreements are available in their entirety on the RealDealDocs.com website.

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The Green Bancshares Inc. stock purchase agreement with the US Department of Treasury allows the financial company to participate in TARP Capital Purchase Program. The IMAX Corporation stock purchase agreement was amended to add a number of terms and definitions to the original document. Both of these Stock Purchase Agreements are available in their entirety on the RealDealDocs.com website.

Popularity: 7% [?]

The Tenet Healthcare Corporation stock pledge agreement sets the terms for the exchange of old 6-year notes for new ones. The Beijing Tibet Health Consulting Company stock pledge agreement details the terms for the business transaction including a corresponding consulting services agreement. Both of these Stock Pledge Agreements are available in their entirety on the RealDealDocs.com website.

Popularity: 5% [?]