Katherine Jackson secret contract

Katherine Jackson signed a contract with Vintage Pop Media (VPM), a company that owns tens of thousands of photos, videos and other Michael Jackson items, Tmz reports.  Under the deal, which is not sanctioned by the Michael Jackson Estate, Katherine agreed to participate in the production of "The Katherine Jackson Story," some sort of Michael Jackson documentary set to music.  Katherine also agreed to pen the book that was just released, "Never Can Say Goodbye".

In return for her work, VPM, owned by her controversial business partner Howard Mann, agreed to pay Katherine 25% of the net profits with a minimum monthly guarantee of $10,000 a month.  But there's no end date for the $10,000 a month, so VPM agrees to pay Katherine at least $10,000 a month for the rest of her life.

The contract also says Katherine has the legal right to "forever bind" Michael's kids, Prince, Paris and Blanket.  According to sources familiar with the Michael Jackson Estate, Katherine does not have the power to contractually bind Michael's children.
 

Katherine is already raking in $26,000 a month from the Michael Jackson Estate as established by the judge in court, but she's complaining she wants more. 

Howard Mann said "This is one of several agreements with Mrs. Jackson. This was a starting point in our relationship."

MJFS