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Entertainment Contracts Essentials
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Flashcards
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Confidentiality Clause
Requires the parties involved to keep certain information confidential.
Merchandising Agreement
Allows one party to use another's brand, image, or intellectual property on merchandise.
Non-Disclosure Agreement (NDA)
A legally binding agreement where parties agree not to disclose information covered by the agreement.
Option Agreement
Allows a producer or studio to secure the exclusive rights to a screenplay or story for a period.
Completion Bond
A financial guarantee that a film will be completed and delivered on schedule and within budget.
Percentage Rent Clause
In a lease, allows the landlord to receive a percentage of the tenant's revenue in addition to base rent.
Shopping Agreement
Allows a producer or agent to shop a writer's script or treatment to networks or studios.
Right of First Refusal Clause
Gives one party the opportunity to match an offer the other party receives before the offer is accepted elsewhere.
Product Placement Agreement
Allows advertisers to pay for their products to be featured in another's media production.
Synchronization License
Gives permission to synchronize music with visual media such as movies, TV shows, or advertisements.
Personal Appearance Contract
Agreement detailing terms for a person's (often a celebrity or artist) attendance at an event or engagement.
Internet/New Media Agreement
Outlines terms for content production and distribution via internet and digital platforms.
Morals Clause
Allows a company to terminate a contract if the individual engages in behavior deemed morally questionable.
Agent Agreement
Defines the relationship between a talent agent and an artist, including the agent's duties and artist's compensation.
Non-Compete Clause
Prevents one party from competing with another party within a certain time frame and geographic area.
Talent Agreement
A contract between a performer and a production company delineating terms of employment.
Music Licensing Agreement
Grants rights to use music in different formats or platforms, often specifying limitations.
Work for Hire Agreement
Specifies that the creation of works within the agreement is the property of the employer, not the employee.
Distribution Agreement
Allows one party to distribute, sell, or market a product or content created by another party.
Force Majeure Clause
Frees both parties from liability or obligation when an extraordinary event prevents fulfillment of contract.
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