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Agreement to Dissolve Joint Venture

Joint Venture Participants: __________________________________________
(Print Names)
Joint Venture Participants: __________________________________________

Joint Venture Participants: __________________________________________

Project Name: ___________________________________________________

Project Genre: ___________________________________________________
(film, music video, stage production)

1. The Joint Venture Participants names mentioned above shall be known as the “Joint Venturer Participants” in this Dissolution Agreement.

2. This Dissolution of the Joint Venture is to dissolve Joint Venture Agreement previously signed by the above named Joint Venturer Participants regarding their involvement with the above named “Project”.

3. Any and all historical data, photographs, audio tapes, literature, films, videos including costumes and sets and any and all Equipment purchased during the Joint Venturer with funds from and/or for and on behalf of the Joint Venturer and to do with the above named Project shall be distributed and become the property of the Joint Venturer Participants as detailed in Appendix “A”.

4. Copyright for the Project shall be held by the Joint Venturer Participant(s) named: __________________________________________________ in the percentage(s) of __________________________________________%.

5. The above named Joint Venturer Participants shall have the Right to inspect and copy the books and records maintained by the Joint Venturer Accountant and/or Accounting Firm. And the Joint Venturer Participants s shall retain the services of a Certified (Public) Accountant to prepare a Dissolution Financial Reports for all expenditures and revenues from the Project, and to file any and all government forms on Dissolution.

6. Neither Joint Venturer Participants may assign their Rights and obligations pursuant to this Dissolution Agreement without the prior written consent of the other.

7. The Joint Venturer Participants are entering into this Dissolution Agreement as independent contractors, and neither Joint Venturer Participants shall have the Right to bind the other(s) without the express written consent . . . (continued)