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Entertainment Partnership Agreement
"I need an Entertainment Partnership Agreement for a new joint venture between my film production company and a digital streaming platform, starting March 2025, with specific focus on revenue sharing from online content and international distribution rights."
1. Parties: Identification and details of all partnership members
2. Background: Context of partnership formation and business objectives
3. Definitions: Key terms used throughout the agreement
4. Partnership Structure: Legal form and management structure
5. Capital Contributions: Initial and ongoing financial commitments
6. Profit and Loss Sharing: Distribution of profits and losses
7. Management Rights: Decision-making processes and authority
8. Intellectual Property: Ownership and exploitation of IP
9. Term and Termination: Duration and exit provisions
1. Non-Compete Provisions: Restrictions on competing activities when partners may have competing interests
2. International Rights: Provisions for international exploitation when partnership has international scope
3. Digital Rights: Specific provisions for digital content creation and distribution
4. Third Party Agreements: Provisions for handling external contracts when partnership regularly deals with third parties
1. Schedule 1: Initial Capital Contributions: Detailed breakdown of partners' initial investments
2. Schedule 2: Profit Sharing Formula: Detailed calculation method for profit distribution
3. Schedule 3: IP Schedule: List of existing IP brought into partnership
4. Schedule 4: Management Structure: Detailed organizational structure and responsibilities
5. Appendix A: Business Plan: Initial business strategy and objectives
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