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Distributor Assumption Agreement for Residuals
Make sure your film distributors sign this Distributor Assumption Agreement to comply with SAG requirements for payment of residuals.
- In order to ensure that SAG members are paid the residuals that they are owed, Screen Actor's Guild requires all movie producers to have their distributors sign an assumption agreement under which they agree to pay residual payments directly to SAG instead of to the producer.
- This legal form template sets out how and when the residuals will be paid to SAG, as well as the form of reporting that the distributor is required to submit.
- SAG has the right to inspect the distributor's accounting and records with respect to revenues earned by the film.
Whether you're a union or non-union filmmaker, you still have to comply with SAG's requirements. Download your copy of the Distributor Assumption Agreement for Residuals.
Download: Distributor Assumption Agreement for Residuals
Available from: MegaDox.com
SKU: 8970
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