FILM SALES AGENCY AGREEMENT BETWEEN TANEZCOR PICTURES LLC (“THE COMPANY”) AND______________________________________________________(“THE CLIENT”)For the film:Year:Directed by:Produced by:Copyright owned by: 

THIS AGREEMENT is made on the …………..day of……….20……., entered into by the Company and the Client (Company and Client collectively referred to as the “Parties” or individually as the “Party”) and includes that party’s successors and assigns.

WHEREAS:

  • The Company is a skilled and professional service provider.
  • The Client is desirous of procuring the Company’s services and now wishes to enter into this agreement with the Company, compensating the Company for its services.

Parties agree to the following terms and conditions and to be bound thereby:

  1. COMMENCEMENT AND DURATION

This agreement shall be valid from August 26 2021, to August 26 with a possibility of extension.

  • TERRITORY

The Agent shall be authorized to market the films in ______________________________________ (the “Territory”).

  • CONTRACT SUM

The Client shall pay the Company as follows: Ten (10%) per cent of the gross Box Office (cinema network/streaming platforms / pre-paid TV and other channels combined) with EIN: 37-1997986 directly from the distributor/online streaming service provider no later than within 30 calendar days from the time the first box office revenue or streaming platform revenue occurs and then always in the monthly payments

  • OBLIGATIONS OF THE PARTIES

The Company shall:

  • Test-screen the film/trailer at the film markets, to the film distributors, the cinema network owners or providers, and online streaming platforms:
  • Speak and negotiate the conditions on the film copyright on the Client’s behalf;
  • Close the agreements with the film distributors and online screening platforms;
  • Present the posters, trailers, principal shooting photographs, written information and

articles to the distributors, cinema network providers, online streaming platforms

providers, pre-paid TV providers and the Company’s website to

conduct the sales process and close deals in the Client’s favour; and

  • Negotiate all the conditions of the film screening;

The Client shall cooperate with the Company throughout the business negotiation process and deliver the required film files in a prompt matter as per request within 45 business days.

  • DISCLAIMERS
  • The Company will receive the Box Office percentage and streaming service revenue combined as per business negotiated conditions;
  • The Company shall not bear responsibility for potential intellectual property losses;
  • The Client acknowledges that any acts or omissions of the Company are under their instructions, express or implied.
  • The Company shall be the sole and exclusive sales representative of the Client in the territory.
  • Any designs, ideas, concepts, discoveries, techniques, patents, copyrights, or trademarks belonging to the Client during this agreement’s subsistence are the Client’s exclusive property.
  • A Party shall not at any time disclose, directly or indirectly, any information concerning this agreement, whether such information or matter is stated to be confidential or not, without the express written permission of the other party.
  • The provisions of this agreement are severable.  If any provision is held to be invalid or unenforceable, it shall not affect the validity or enforceability of any other provision.
  • This agreement constitutes the entire agreement between the parties. It supersedes all prior oral or written agreements or understandings between the parties concerning the subject matter of this agreement.
  • This agreement may not be altered, amended, or modified, except by a written document signed by both parties.
  • Failure by either party to enforce any of the terms or conditions of this agreement shall not be a waiver of their right to enforce the terms and conditions of this agreement.
  • A Party’s failure to fulfil its obligations due to Force Majeure or an accident shall not be considered as a breach of this agreement, provided that the party has taken all reasonable precautions, due care, reasonable alternative measures, and minimal delay all to carry out the terms of this agreement.
  • No party shall assign their rights or duties under this agreement without the other party’s written consent.
  • This agreement shall be governed in all respects by the Illinois State Laws.
  • DISPUTE RESOLUTION

Mediation shall resolve any dispute under this agreement. Parties shall act in good faith to resolve the dispute. Nothing in this section shall be construed as limiting the Court’s jurisdiction.

  • TERMINATION
  • Either party may terminate this agreement at any time upon breach of the contract by the other party, e.g. late supply of files by the Client as highlighted in clause four (4) above.
  • Either party may terminate this agreement at any time if the other party agrees to the termination in writing.
  • The Company may terminate this agreement due to non-payment or late payment of the contract sum as provided under clause three (3) above.
  • Otherwise than for breach, through consent, either party may terminate this agreement upon giving the other party no less than three (3) months’ notices in writing. If the Client wishes to terminate the contract with less than three (3) months’ notice, the Company reserves the right to charge costs that have already been paid in advance or incurred by the Company on the Client’s behalf.
  • The termination of this agreement shall not discharge the liabilities accumulated by either party.
  • Any Clauses intended by the Parties or this agreement to survive the termination of this agreement shall survive the termination of this agreement by whatever cause.
  • NOTICES

The Parties shall be served through the following addresses (including email), and either party may change the below addressees by reasonable notice in writing given to the other party.

THE COMPANY: Tanezcor Pictures LLC

444 West Lake Street | Suite 1700

Chicago, IL 60606

EIN: 37-1997986

www.tanezcor.com

THE CLIENT: ___________________________________________

___________________________________________

___________________________________________

___________________________________________

___________________________________________

___________________________________________

IN WITNESS WHEREOF, each of the Parties has executed this agreement, as set forth below.

Signed by the duly authorized representative of the COMPANYSignature: Name: Designation: Date:……………………………………… Signed by the CLIENT Signature: Name: Designation: Date:…………………………………………….……………

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