Title: Wisconsin Agreement for Use of Screenplay Material in Live Stage Performance Introduction: The Wisconsin Agreement for Use of Screenplay Material in Live Stage Performances is a legal document outlining the terms and conditions under which a screenplay material can be adapted and performed on stage within the state of Wisconsin. This detailed description will explore the key components and relevant keywords associated with this agreement. Keywords: Wisconsin, Agreement, Screenplay Material, Live Stage Performance, Legal Document, Adaptation, Terms and Conditions. 1. Purpose of the Agreement: The purpose of the Wisconsin Agreement for Use of Screenplay Material in Live Stage Performance is to establish a legally binding relationship between the owners of the screenplay and the producers/theater company seeking to adapt and stage the material in live performances across Wisconsin. 2. Parties Involved: The agreement involves two primary parties: the owner(s) of the screenplay material, referred to as the "Rights Holder(s)" and the entity or organization seeking to adapt and perform the material on stage, referred to as the "Producer." 3. Grant of Rights: This section clarifies the permission granted by the Rights Holder(s) to the Producer for the use of the screenplay material in live stage performances. It outlines the specific rights licensed, such as the right to adapt, modify, rehearse, and publicly perform the material within Wisconsin. 4. Compensation and Royalties: This segment of the agreement delves into the financial aspects, including the compensation arrangement, royalties, and profit-sharing mechanisms between the Rights Holder(s) and the Producer. It may specify a fixed fee, a percentage-based royalty, or a combination of both. 5. Term and Termination: The Term and Termination section defines the duration of the agreement, whether it is for a specific period or until the completion of a designated number of performances. It also includes provisions for termination, circumstances that may lead to termination, and any necessary notice period. 6. Production Responsibilities: In this section, the agreement outlines the respective responsibilities of the Rights Holder(s) and the Producer concerning the live production. It might include details about funding, licensing agreements for music or other copyrighted material, marketing, rehearsals, and the division of labor between the parties. 7. Intellectual Property: This segment addresses the intellectual property rights associated with the adaptation and performance of the screenplay material. It clarifies that the rights to any modifications, enhancements, or additions made during the adaptation process belong to the Rights Holder(s). 8. Indemnification and Insurance: This clause covers indemnification, ensuring that both parties agree to hold each other harmless from any potential legal claims arising from the performance of the material on stage. It may also require the Producer to secure appropriate insurance coverage. Types of Wisconsin Agreements for Use of Screenplay Material: a. Basic Agreement: A standard agreement covering the essential elements mentioned above. b. Exclusive Agreement: An agreement granting exclusive rights to the Producer within Wisconsin for a specified period, preventing the Rights Holder(s) from authorizing any other adaptations of the material during that time. c. Joint Production Agreement: A specialized agreement where multiple producers collaborate to adapt and stage the material together, clearly outlining profit-sharing, responsibilities, and intellectual property rights among the joint parties. Conclusion: The Wisconsin Agreement for Use of Screenplay Material in Live Stage Performance is a legally binding document that establishes the terms of engagement between Rights Holder(s) and the Producer. It covers a wide range of aspects, including rights, compensation, responsibilities, termination, and intellectual property, ensuring a clear understanding between the parties involved.