Motion Picture Production Joint Venture Agreement

This Joint Venture Agreement is between two partners for the express purpose of producing and exploiting a motion picture. The agreement effectively sets out the understanding between the parties with respect to term of the agreement, capital contributions and profit and loss allocations. Entering into a joint venture is risky and it is imperative that a Joint Venture Agreement be memorialized in writing. A well-written agreement will prove invaluable in the event of disagreements or misunderstanding between the partners. (continued ...)