Contract For Deferred Payment And Profit Sharing Agreement printable pdf download

Contract for Deferred Payment and Profit Sharing Agreement

Description of and Assignments of Interest of Profits

____________________ (hereinafter referred to as "NAME"), doing business as ________________

(hereinafter referred to as the "company") for the production and distribution of the feature length

motion picture tentatively entitled ______________________ (hereinafter referred to as the "film"),

shall serve in the capacity of its producer.

The leading actors/actresses in the film will be _____________________; the crew will consist of

________________________________ .

The tentative budget for the production of said film, exclusive of costs related to distribution or

promotion, is $_____________, and _____________ agrees to contribute $____________ of that

amount either personally, or raised from other sources to be repaid out of the profit percentage

assigned by _________________. Further, [NAME], as the producer of the film, anticipates that a

capital amount of at least $__________ will be required to complete the production of the film, and an

additional [$AMOUNT3] will be required to promote and/or distribute the film. These amounts and

________________________'s $______________ contribution will be the investment for the

production and distribution of the film.

The shooting of the film will take [NUMBER] days and commence on or about _________________ and

be completed on or about __________________, with the locations and periods broken down as

follows: _____________________________________________________________.

The editing period thereafter is expected to take approximately ____________ months, coming to

completion on approximately _______________________.

The first moneys received by the company for the film will be applied to payment of all outstanding

accounts payable for the production and distribution of the film until paid in full, next to the

repayment to the investors of the entire amounts of their contributions actually expended for the

production and distribution of the film, and thereafter, all moneys received by the company for the

film will be paid by the company as follows:

Producer (_____________________) ‐ ___%

Investor (________________) ‐ ___%

Leading actor in the film (_______________) ‐ ___%

Supporting actor in the film (___________________) ‐ ___%

Writer for the film (_____________________) ‐ ___%

[CAPACITY] (____________________) ‐ ___%

TOTALING ‐ 100%

The afore listed percentages will be payable to each of the persons set forth in parenthesis after each

of the positions only in the event each of these persons actually performs the customary services for

his/her position through the completion of the production of the film. Any person not providing such

Contract For Deferred Payment And Profit Sharing Agreement