This is a contract my friend has that he wants inspected for loop holes or anything else crappy like that. The contract appears to get done what he wants done with no loop holes or crappiness that i could find. But, i'd like for other people to inspect. For all intents and purposes, identities and movie names have been changed for privacy concern of posting this.
Things needed to be known: "first party" is who needs a contract, and they are male. First party was the co producer of the film. First party's alias has been changed to "blablabla" (first party has a co producing alias; it's also only mentioned once so i chose a use once boring identifier).
"Second party" is the producer and copywright owner of the film, and they are female.
“Film” is the movie (which the contract later refers to the movie as film anyway, but it was still a privacy concern since the title popped up once).
The contract is between these two people who are referred to as party's.
First party is the creator of the contract, the contract can be changed at any time.
Reason for and contract coming to being: First party wanted to make a college movie. So he entered into a project with some friends. Disinterest for him first appeared when the producer (second party) needed people to sign model release forms (for the actors and other people who are seen in the film). Second party got a model release form template from a professor that they neglected to change any of the information on (second party was too lazy to customize the template for her needs). She had everyone sign this unchanged model release form template. Anybody who didn't, she went ahead and entered that model's name on the model release form template without letting them know (considered forgery?). Secondly, because it was an unchanged model release form template that was used, this model release form gives away the model rights to the college. I don't know how well that's going to work since second party owns the copywright (that's of no ones concern, she can have it all).
The film has already been completed, and second party also wants the co producer (first party) to sign a model release form. I don't know why he would need to. First party's not on camera and not an actor. First party wants this contract, since second party needs a contract from him (otherwise she'll likely put his name on a model release form template for him). First party wants no attatchment or responsibility to this movie whatsoever except for use in his personal portfolio since he helped make it (understandable since the making of the movie was ****ed along with the paper work).
Contract purpose:It doesn't matter how good or bad this movie is. First party wants no attatchment since a lot of the paper work we consider to be screwed up from the start, and because he'd rather not deal with second party in any kind of dispute over the movie (or ever deal with her again).
And finally...the contract.
Agreement made and entered into, by and between ____________ and ______________ on ________.
1. First party, also known as blablabla, hereby grants second party sole and exclusive rights to Film (hereafter referred to as the “Film”), the trailer for the Film (hereafter referred to as the “Trailer”), and the DVD of the Film (hereafter referred to as the “DVD”).
2. First party waives any claim, both present and future, to any form of compensation for the role First party played in the production of the Film, Trailer, and DVD. Furthermore, first party cedes the Film, the Trailer, the DVD, and all rights to said Film, Trailer, and DVD to second party while reserving the right to include the Film, Trailer, and DVD in his, first party’s, personal portfolio.
3. First party agrees not to submit the film to any contest, festival, or similar event without second party’s express approval. First party also agrees not to make any attempt to use the Film, Trailer, or DVD for direct personal financial gain.
4. First party agrees to indemnify second party and hold second party harmless from and against any and all claims, losses, damages, liabilities, and expenses.
5. Second party agrees to indemnify first party and hold first party harmless from and against any and all claims, losses, damages, liabilities, and expenses.
6. Second party accepts full rights to, ownership of, responsibility for, and proceeds from the Film, Trailer, and DVD.
Signature______________________ date_____
Signature_____________________ date_____
Witness__________________ _______________________ __________
(print) (sign) (date)
EDIT: This should be easier to follow now.