Walt's Memoirs

A 50-50 split of profits and substantial salaries suggested that Walt was not a studio owner in his own right, but a subcontractor for Mintz. Before any rupture could be announced though, he asked Roy to have an attorney draw up an ironclad year-long contracts for the staff with two option years. All contracts with me personally therefore my signature necessary before contract is complete, assuring us protection without responsibility. After Mintz suggested they meet in his office the next morning, Walt wired Roy frantically to get the contracts with the staff signed immediately lest Mintz or George Winkler get wind of the plan and proper contracts of their own.