Scores Holdings (SCRH)

Scores Holding Co. grants the exclusive worldwide license to use and to grant sublicenses to use the "SCORES" trademarks in connection with the ownership and operation of upscale, adult-entertainment cabaret night clubs/restaurants and for the sale of merchandise by such establishments. Merchandise must relate to the nightclub that sells it, and may be sold at the nightclub, on an internet site maintained by the nightclub, by mail order and by catalogue. To further this end, we entered into the Master License with EMS and depend upon our relationship with EMS. The term of the Master License is twenty years. EMS has the option to renew the Master License for six consecutive five-year terms. The Company will receive royalties equal to 4.99% of the gross revenues of all sublicensed clubs that are controlled by EMS. Pursuant to the terms of the Master License, EMS has granted sublicenses to six nightclubs to use the "SCORES" trademark