270 Legal [Sample Agreements]

SHORT-FORM SALES AGENCY AGREEMENT
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AGREEMENT dated as of 25th January 2005 between CELEBRATION INTERNATIONAL PICTURES (BVIJ LIMITED, C/O Film And Music Entertainment of 5670 Wilshire Boulevard, Suite 1690, Los Angeles, CA 90036, (“Producer”) and AV PICTURES LIMITED of Caparo House, 2nd Floor, 103 Baker Street, London W1U 6LN (“AV Pics”).

(1) Producer owns or controls all rights in and to an original screenplay by John Daly and Kendrew Lascelles entitled The Aryan Couple (“the screenplay”) and has completed a feature length film based on the screenplay (with a running time excluding end credits of not less than 93 minutes) (“the Film”),

(2) The Film was produced and directed by John Daly and stars Martin Landau, Judy Parfitt, Kenny Doughty and Caroline Carver.

(3) Upon signature of this agreement AV Pics will become the sole and exclusive sales representative for the Film, on the terms and conditions contained herein, for all Theatrical, Non-Theatrical, Video (including DVD and Video on Demand}, Television and Internet right~ throughout the world excluding North America (defined as the U.S. and Canada} it’s territories and possessions (“the Territory”}, Internet rights will be “frozen” until Internet exhibition can be limited to a particular territory, The term of this agreement is 15 (fifteen} years from delivery of the Film with a right of “first and last” on an extension of such period.

(4) Producer will supply AV Pics with Chain of Title.

(5) A budget for marketing costs and costs incurred by AV Pics in selling the Film (not to exceed US$25,000.00 will be discussed and agreed between the parties hereto and such costs shall include AV Pics’ attendance at the major film markets of Cannes 2005 and A.F.M. 2005 plus any additional markets or film festivals as agreed between both parties hereto. Producer has full consultation rights on the marketing of the Film, in the exercise of which both parties undertake to use reasonable endeavours to reach agreement. Such marketing costs incurred by AV Pics and approved by the producer shall be remitted to AV Pics upon receipt by Producer of invoices covering such expenditure. The producer will supply AV Pics with all press kits, brochures, posters and any further promotional material that the producer manufactures.

(6) The Producer shall deliver or grant access to AV Pics free of charge all of the items as detailed on the attached Schedule of Delivery requirements.
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