FORMATION AGREEMENT, dated as of October [ ], 2004, among DREAMWORKS ANIMATION SKG, INC., a Delaware corporation (the "Company"), DREAMWORKS L. L. C., a Delaware limited liability company ("DW"), [HOLDCO] LLLP, a Delaware limited liability limited partnership ("Holdco"), and the stockholders and other persons party hereto.

WHEREAS, DW, the Company and Dream Works Animation L. L. C., a Delaware limited liability company ("DWA LLC"), have entered into a Separation Agreement dated as of the date hereof, providing for the separation of the animation business from DW;

正文内容见附件