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The agreement will also typically provide that the moral right over the film will belong to the producer, even though the commercial rights in respect to the film will belong to the client. The agreement may provide that the original physical film in respect of the production will remain the property of the producer.
A film producer agreement is a contract between a film producer and a film distributor that outlines the terms of the distribution agreement. The agreement should cover the rights and obligations of both parties, the territory in which the film will be distributed, the film's release date, and the payment terms.
The film director handles the creative decisions and artistic aspects of production. Meanwhile the film producer ? or producers ? manages the business related details from pre-production to post-production.
The agreement is ?basically an insurance policy that a producer takes to financiers, lenders, and distributors as a guarantee that the film will be delivered on time and within budget ? or their money back?.
Subject to the provisions of Article 12 § 2, the Author declares that the screenplay is original and his own and does not infringe any intellectual property rights of third parties. He shall indemnify the Producer against all claims in this respect.