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Film Production Partnership Agreement
"I need a Film Production Partnership Agreement for a three-party partnership between my production company and two investment partners, with specific provisions for international distribution rights and a 60-30-10 profit sharing structure, to be effective from March 2025."
1. Parties: Identification and details of all partners in the production
2. Background: Context of the partnership and production objectives
3. Definitions: Key terms used throughout the agreement
4. Partnership Structure: Legal structure and nature of the partnership including governance under Partnership Act 1890
5. Capital Contributions: Financial and other contributions from each partner
6. Profit and Loss Sharing: Distribution of profits and allocation of losses among partners
7. Management and Control: Decision-making processes, authority levels, and partner responsibilities
8. Intellectual Property Rights: Ownership and exploitation of production IP under Copyright, Designs and Patents Act 1988
9. Duration and Termination: Term of partnership and circumstances for termination
10. Confidentiality: Protection of confidential information and trade secrets
1. International Distribution Rights: Terms for international distribution when the production is intended for multiple territories
2. Co-Production Arrangements: Terms for cooperation with other production companies when multiple producers are involved
3. Tax Structure: Specific tax arrangements and film tax relief claims under UK tax legislation
4. Employment Provisions: Specific terms relating to employment of production staff under Employment Rights Act 1996
5. Data Protection: Compliance with UK GDPR and Data Protection Act 2018 requirements
1. Schedule 1: Production Budget: Detailed breakdown of production costs and funding arrangements
2. Schedule 2: Production Schedule: Timeline and key milestones for the production
3. Schedule 3: Key Personnel: List of key crew members and their roles
4. Schedule 4: Distribution Territory Rights: Breakdown of distribution rights by territory
5. Schedule 5: Insurance Requirements: Required insurance coverage for the production
6. Appendix A: Chain of Title: Documentation of rights ownership and transfers
7. Appendix B: Partner Capital Contributions: Detailed breakdown of each partner's capital contribution
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