Exhibit 10.2
TEAM COMMUNICATIONS GROUP, INC. SCHEDULE A
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CASH REQUIREMENTS 8/31/01
AMT DUE PROPOSED
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PAYROLL
Terminated employees @ 8/20/01 10,592 10,592
Management from 8/10/01 payroll 31,885
from 8/24/01 payroll 28,173
P/R for w/e 9/14 - 1 employee 1,442 1,442
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Gross Pay 12,034
Payroll tax allowance Tax adjust 7.00% 842
Adjust to actual / estimate -
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Payroll Cash Requirements 12,876
Non-contractual payroll deferrals 171,155 -
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Payroll Acct Trfr 12,876
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MERCANTILE - Line of Credit Interest due 09/13 7,000
Fixed asset loan due 08/17 26,000
Note 1,000,000
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Subtotal -
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RENT Sep 27,501 27,501
LABS
Intl Image (Sonic Foundry) 12,129
Pacific Title film / tape storage 983 983
Preferred Media film / tape storage 389 389
Quik-Pix 1,500
Broadcast Standards 4,538
Transcription Company 1,306
Lavon Enterprises 625 625
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Subtotal 21,470 1,997
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PROFESSIONAL FEES
Bruckhaus Heller Westrick Lober 30,645
Cella old DSL consulting agmt 4,000
Concord Effekten 26,442
DGAP 1,488
Freshfields Bruckhaus Deringer 298
Greenberg Traurig 87,543
Heenan Blaikie 15,825
James D. Henderson 5,072
John McAuliffe due approx w/e Jul 27 42,000
Houlihan Lokey 28,557
Kelly Lytton 61,866
Laffer & Gottlieb 21,592
Marriott Harrison 4,509
Mayer Brown & Platt 24,091
Milbank Tweed 73,675
Morris Marketing 17,615
Nasdaq 2,000
Novian & Novian 12,109
PvF Investor Relations AG 18,500
Schneider Securities 15,000
Rolland Schroeder 25,000
Sitrick & Company 7,068
Sonnenschein Nath & Rosenthal 6,798
Stonefield Josephson fee cut in half in exch for $35k now 62,096
SynCap Management 10,000
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Subtotal 603,789 -
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TEAM COMMUNICATIONS GROUP, INC. SCHEDULE A
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CASH REQUIREMENTS 8/31/01
AMT DUE PROPOSED
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LEGAL SETTLEMENTS
Alliance 35,000
Beyond Pmt 4 due Aug 1 20,000
Pmt 5 due Sep 1 20,000
O'Brien balance due over time 57,500
O'Brien 12,191
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Subtotal 144,691 -
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ALL OTHER
A-1 Binding 1,581 1,581
ADP Investor Resources 2,639
Blue Cross est Jul/Aug/Sep pmt 10,124 10,124
est Sep pmt 3,500 3,500
CA Environments 2,423
Canon Business Solutions 4,578 2,364
Career Group 3,139
Citicorp Leasing 6,488 4,000
Contract Purchasing 4,000 2,000
Depository Trust Company 1,985
Federal Express 2,502 500
Friedman writer pmt 6,750
Ira Gerber 4,229 4,229
Heller Financial July & Aug int 90,000
Hoffman, Gary 3 mo past due 21,332
Lightbridge 2,875
Marquee Entertainment 119,737
Phone GE Exchange 4
Sprint 3,424 2,000
Verizon 1,650 809
Premium Financing Specialists D&O financing due 7-Sep 136,846 17,106
Ridgway 8,347 2,000
RR Donnelley 2,505
Rubin, Kim 21,399
Solomon expenses 8,661
Solomon expenses - D&O 17,900
Telescene down + pmt 1 due 20-jul 322,300
Trade Finance - general liability insurance 4,331 4,331
United Capital Leasing 10,681
William Morris 2 pmts $10k ea past due (total $20k) 15,000
Misc small vendors / labs / etc 11,467 2,000
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TOTAL 98,918
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RESERVE 1,082
CASH IN BANK 100,000
Available 100,000
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Total 100,000
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