1 EXHIBIT 10.31 September 12, 1997 Mr. Arthur Bernstein 8228 Fountain Avenue # 3 Los Angeles, CA 90046 Re: AMENDMENT TO EMPLOYMENT AGREEMENT Dear Mr. Bernstein: The parties hereby amend that certain employment agreement dated June 22, 1992, as amended on August 15, 1994, March 7, 1995, January 25, 1996, and October 4, 1997 to provide the following: The Term of this Agreement shall be and is extended through June 30, 2002. All other terms and conditions shall remain in full force and effect unless and until modified in writing and signed by the parties. If the aforementioned is agreed and accepted, please acknowledge same by executing as indicated below. Sincerely, THE PRODUCERS ENTERTAINMENT GROUP LTD. By: ____________________________________ Irwin Meyer 2 Chief Executive Officer ACCEPTED AND AGREED: ______________________________________ ARTHUR BERNSTEIN