Sample Contract Agreement For Payment In Michigan

• Category: Contracts - Productions
• State: Multi-State
• Control #: US-00034DR
• Format: Word; Rich Text

Description

The Sample Contract Agreement for Payment in Michigan is a legally binding document designed for the production of a motion picture. This agreement outlines the responsibilities of the Producer and the Client, including detailed sections on the production's description, length, script requirements, and ownership of copyright. It specifies payment terms, allowing for a percentage to be paid at various stages of the project, with allowances for additional payments if changes are requested. The agreement also addresses issues of completion dates, potential delays, liquidated damages for late delivery, and procedures for obtaining additional prints. Additionally, it includes provisions on severability, notices, attorney fees, binding arbitration for disputes, and compliance with applicable laws. Target users such as attorneys, partners, owners, associates, paralegals, and legal assistants will find this form useful for drafting clear agreements that protect the interests of all parties involved in motion picture production. The contract provides a structured approach to ensure both compliance and clarity in the project’s financial and operational aspects.