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.

This Joint Venture Agreement contains the following provisions:

• Partners: Identifies the partners entering into the agreement;
• Purpose: The purpose and intent is to produce and market a motion picture;
• Name: The name of the joint venture will be agreed upon and certificate of fictitious name will be filed with the appropriate entity;
• Principal Office: Location of the principal office and residence addresses of the partners;
• Capital and Additional Contributions: Contributions made by each partner to finance the picture and how any additional contributions will be made;
• Allocations: Sets forth the allocations of profits and losses, tax credits and deductions;
• Management: Partners shall have equal power and control over all business, creative and legal matters regarding the picture;
• Dissolution and Termination: Specifics for dissolving or terminating this agreement;
• Signatures: Both partners must sign the agreement.

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This attorney-prepared packet contains:

1. General Information
2. Joint Venture Agreement

State Law Compliance: This form complies with the laws of all states