Paramount Pictures president Michael Eisner compromised with Lucas, agreeing to his deal in exchange for exclusive rights to any sequels and severe penalties for exceeding the schedule or budget. Lucas agreed on the terms that included his involvement in any sequel. Lucas reportedly negotiated a salary between $1million and $4million plus a share of the gross profits, though a separate report stated he only received net profits. Spielberg received up to $1.5million as director and a share of the gross profits. Lucas also negotiated $1million for Lucasfilm.