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Production Services Agreement

Financier Name: _______________________________________________
(Print Names)

Service Company Official Name: -__________________________________

Service Company: ______________________________________________

Project Name: __________________________________________________

Project Genre: _________________________________________________
(film, music video, stage production, game show, etc)

WHEREAS, Financier owns the right to produce and exploit the above named Project, and
WHEREAS, Financier has requested Service Company to supervise the production of the Project in ______________________________ (state, province, country) , and
WHEREAS, to that end, Service Company has arranged for the directing services of ____________________________, and the producing services of ______________________________, all in accordance with a mutually approved budget and a production schedule which have been previously approved by Financier and Service Company; and
WHEREAS, Financier desires to finance and arrange for the production of the Project, and Service Company desires to furnish the services set forth herein on the terms and conditions hereinafter set forth.

NOW, THEREFORE, in consideration of the promises and for other good and valuable consideration, receipt of which is hereby acknowledged, the parties hereto agree as follows:

1. Production of the Project
(a) Subject to the terms and conditions hereinafter set forth, Financier agrees to furnish or cause a third party to furnish to Service Company, on a mutually approved cash flow schedule ("Cash Flow Schedule"), the amount of financing which Service Company represents will be required to finance the production of the Project, and Service Company shall use all sums advanced hereunder for the sole purpose of furnishing the production services for the Project in accordance with the approved screenplay, budget and production schedule, subject only to deviations therefrom caused by the exigencies of production and approved in writing by Financier. All obligations of Financier shall be subject to Financier first obtaining a completion bond from a reputable company, which in form and substance shall be subject to Financier's approval. All sums advanced hereunder shall be deposited in a production account that has been designated, approved and controlled by Financier, and until such funds have been expended in the production of the Project such . . . (Continued)