There are moments in an occasional business relationship where it is felt by the other Partners that a Named Partner is to be ejected from the Partnership. This is a serious business move. Your Lawyer and Accountant should be advising the Partners.
This Assignment of Interest and Release has a clause stating the reason for expulsion of the Partner, the compensation to be received for expulsion and an assignment of Rights amongst other clauses.
This Agreement is drafted in plain English that is easy to read and comprehend. This is a three page, eight clause with notarization legal Agreement. The Agreement may be filled in on your computer or printed out and filled in later.
We regularly receive feedback that we have successfully drafted our filmmaker contracts to be as complete as possible for all legal situations. However, should you experience a unique personal situation requiring the drafting of a special clause, please contact us at your convenience. Otherwise, you may be obliged to find a local entertainment lawyer experienced in the film making industry who will draft any and all other clauses for your Project’s unique situation or circumstance.
This Agreement is part of the Investor’s Deal.