FILM INVESTMENT AGREEMENT

FILM INVESTMENT AGREEMENT

This Film Investment Agreement (hereinafter referred to as the “Agreement”) is entered into on this _____ day of _______ 2022 BETWEEN ___________________ (hereinafter referred to as the “Company”) on one part, and ___________________ (hereinafter referred to as the “investor”) on the other part, and together referred to as “parties”.

WHEREAS, the Company has been established to produce, own and exploit Motion Picture movies and films (hereinafter referred to as the “Project”), and 

WHEREAS the Investor desire to invest in and share in the profits of the Project;

The parties herein agree to be legally bound by the following terms; –

1. Investment.

The parties herein agree that the investor shall make a payment of _____towards the running and management of the Project and its production.

2. Profit.

The parties agree that the investor shall make a profit of 1% of the total global revenue after the cost of contents acquisition and payment processing fee have been deducted.

3. Confidentiality.

The parties herein acknowledge that they will share confidential information and use the information only in connection with the activities under this Agreement by working together.

All confidential information furnished under this Agreement shall remain the property of the furnishing party. There will be no disclosure to any third parties without the prior written consent of the other party.

4. Default.

In case of default in carrying out the duties and obligations herein, the defaulting party will be issued with 30 days’ written notice stating the default and rectifying the same within the given period, failure of which, this Agreement shall stand terminated. The defaulting party will be liable under the law for any remedy requested by the other party.

5. Inspection of Records.

The investor shall have the right at reasonable times and with prior notice to audit and examine the Company’s books of accounts and other financial records. 

The investor agrees to bear the expenses incurred in examining the financial records and agrees not to interfere with the Company’s business. 

6. Governing Law.

This Agreement will be governed and construed in accordance with the laws of Canada.

7. Conflict Resolution.

Any dispute arising from the interpretation or performance under this Agreement shall be referred to Arbitration in accordance with the laws of Canada. Each party herein shall bear its legal fees.

8. Amendment.

The provisions of this Agreement may only be amended or modified by the same being in writing and signed by both parties.

9. Waiver.

A waiver by any party of any breach of a provision of this Agreement will not be considered a waiver of any later breaches or the right to enforce any provisions of this Agreement.

10. Entire Agreement.

This Agreement constitutes the entire Agreement between the parties and supersedes any prior written or oral agreements or promises.

11. Severability.

If any provision of this Agreement is deemed illegal and unenforceable, the same shall be severed from this Agreement, and the remaining provisions shall be in full force and effect. 

IN WITNESS WHEREOF, the undersigned have executed this Agreement on the date indicated hereinbelow; –

THE COMPANYSignature: __________________________Name: _____________________________Date: ______________________________Email Address: _____________________

THE INVESTORSignature: __________________________Name: _____________________________Date: _______________________________Email Address: _____________________