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1. Date and Parties: Identification of the date and all parties involved, including production company, financier, and any key attachments (director, main talent)
2. Project Identification: Clear identification of the film project, including working title and brief description
3. Purpose of Letter: Statement clarifying that this is a non-binding letter of intent except for specified clauses
4. Key Terms: Outline of fundamental deal points including approximate budget, financing structure, and key commercial terms
5. Timeline: Proposed schedule for negotiation of definitive agreements and intended production timeline
6. Exclusivity Period: Period during which parties agree not to negotiate with others regarding the project
7. Confidentiality: Binding obligations regarding confidentiality of discussions and project details
8. Binding Provisions: Specification of which provisions are legally binding (typically confidentiality, exclusivity, and governing law)
9. Expiration: Clear statement of when the LOI expires if definitive agreements are not reached
10. Governing Law: Specification that Irish law governs the agreement
11. Signatures: Execution blocks for all parties
1. Break Fee: Terms of any break fee payable if either party withdraws from negotiations, used when significant preliminary costs are involved
2. Conditions Precedent: Key conditions that must be met before proceeding to definitive agreements, included when specific requirements must be met
3. Rights Option: Basic terms of any options on underlying rights, included when source material is involved
4. Key Personnel: Commitment to attach specific talent or crew, included when certain individuals are crucial to the project
5. Government Funding: Reference to any anticipated state funding or tax incentives, included when public funding is expected
6. Co-Production Terms: Basic framework for co-production structure, included in international co-productions
7. Costs: Agreement on who bears the costs of negotiation and any preliminary work, included when significant pre-production costs are anticipated
1. Schedule A - Key Commercial Terms: Detailed breakdown of main commercial points including budget ranges, profit participation, and territory rights
2. Schedule B - Timeline: Detailed development and production timeline with key milestones
3. Schedule C - Key Personnel: List of essential cast and crew already attached or to be approached
4. Appendix 1 - Project Summary: Brief synopsis, format, genre, and other key creative elements
5. Appendix 2 - Preliminary Budget: High-level budget breakdown by major category
6. Appendix 3 - Required Elements: List of essential creative, technical, or commercial elements required for the project
Film
Development Period
Exclusivity Period
Confidential Information
Budget Range
Key Personnel
Production Schedule
Effective Date
Definitive Agreements
Rights
Territory
Distribution Rights
Intellectual Property
Production Services
Binding Provisions
Non-Binding Provisions
Break Fee
Development Costs
Section 481 Certificate
Principal Photography
Completion Date
Force Majeure
Material Adverse Change
Production Company
Financier
Co-Producer
Key Elements
Underlying Rights
Chain of Title
Production Account
Approved Budget
Delivery Materials
Investment
Net Profits
Confidentiality Period
Business Day
Irish Film Board
Screen Ireland
Development Funding
Exclusivity
Non-Binding Nature
Binding Elements
Project Scope
Rights Option
Financial Terms
Key Personnel
Timeline
Conditions Precedent
Termination
Governing Law
Jurisdiction
Intellectual Property
Good Faith Negotiation
Break Fee
Costs
Notices
Assignment
Authority
Entire Agreement
Amendments
Severability
Third Party Rights
Force Majeure
Representations and Warranties
Duration
Dispute Resolution
Publicity
Tax Provisions
Co-Production Terms
Development Process
Budget Parameters
Distribution Rights
Insurance Requirements
Media & Entertainment
Film & Television
Creative Arts
Entertainment Law
Financial Services
Digital Media
Broadcasting
Cultural Industries
Advertising & Marketing
Copyright & Licensing
Legal
Finance
Production
Business Affairs
Development
Operations
Rights Management
Investment
Creative
Compliance
Production Executive
Legal Counsel
Finance Director
Film Producer
Executive Producer
Business Affairs Manager
Head of Production
Development Executive
Rights Manager
Investment Manager
Production Accountant
Contracts Manager
Creative Director
Chief Financial Officer
Operations Director
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