Contract Summary

☐ Distribution agreement

☐ World sales agreement

☐ Pre-sale agreement

This contract summary is intended to reflect the essential terms of the attached original agreement which is not available in English.

Signature date of the agreement:

Between

Producer:

Licensee/Distributor:

Company Name

company representative

Address

Country

email

Company Name

company representative

Address

Country

email

Series Title (Original & International titles):

Creator(s):

Territories:

Authorized language versions:

Term of the agreement:

Delivery date:

Rights licensed:

Financial terms

Type of agreement[i]:

☐ Net deal

☐ Cost-off-the-top deal

☐ Gross deal/Royalty

☐ Flat deal

☐ Other: …………………………………………………

☐ Distribution or sales advance (Minimum Guarantee)

☐ Pre-sale

Amount:

Currency:

Allocation of the Minimum Guarantee per territory or media (if relevant):

Payment terms:

Distribution or sales fee (%):

Distribution or sales expenses:

ü  Expenses cap:

ü  Verifiable out-of-pocket, third party, non-overhead expenses: ☐ Yes  ☐ No

Cross-collateralisation of territories or rights:

Additional comments

I, undersigned, legal representative of the above mentioned Producer, certify that this contract summary truthfully reflects the terms of the attached original agreement. I acknowledge that the Licensor/Producer will be liable for any discrepancy between this summary and the attached original agreement. I also understand that the institutions using this summary reserve the right to request a full translation of the original agreement.

Date:

Name:

Signature (please initial each page):


[i] Net Deal: the order of recoupment is 1/ Distribution or sales fee, 2/ Distribution (P&A) or sales expenses, 3/ Advance-MG, 4/ further receipts are paid out to the licensor/producer

Cost-off-the-top deal: the order of recoupment is 1/ Distribution (P&A) or sales expenses, 2/ Advance-MG, 3/ further receipts are divided between the licensor/producer and the licensee/distributor at certain percentages.

Gross deal/Royalty: the receipts are divided between the licensor/producer and the licensee/distributor at certain percentages. The licensor/distributor will cover the distribution or sales expenses and the advance out of his share.

Flat deal: or outright deal where the distributor pays a fixed amount for the rights for a certain period and does not need to account to the producer for any income during that period.