The Producer Management Agreement is a crucial document in the Indian entertainment and media production industry, designed to formalize the relationship between producers and their professional management representatives. This agreement becomes necessary when a producer requires professional management services for their creative projects, business operations, and industry relationships. The document, governed by Indian law, typically includes comprehensive details about management services, commission structures, project oversight, financial arrangements, and specific obligations of both parties. It ensures compliance with Indian entertainment industry regulations while protecting both parties' interests. The agreement is particularly important in the context of India's complex entertainment industry landscape, where producers often need specialized management support to navigate various aspects of production, distribution, and business development.
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1. Parties: Identification of the Producer and Management Company/Manager with full legal names and addresses
2. Background: Context of the agreement, including Producer's business and Manager's expertise
3. Definitions: Key terms used throughout the agreement including 'Services', 'Territory', 'Term', 'Commission', 'Gross Earnings'
4. Appointment and Term: Formal appointment of manager, exclusivity provisions, and duration of agreement
5. Scope of Services: Detailed description of management services to be provided
6. Manager's Rights and Obligations: Specific responsibilities, duties, and authority of the manager
7. Producer's Rights and Obligations: Producer's commitments, responsibilities, and obligations to the manager
8. Commission and Payment Terms: Fee structure, payment schedule, and calculation of commission
9. Intellectual Property Rights: Ownership and protection of IP created during the term
10. Confidentiality: Protection of confidential information and trade secrets
11. Termination: Grounds for termination, notice periods, and consequences
12. Post-Termination Obligations: Ongoing obligations after agreement ends, including commission on existing projects
13. Indemnification: Mutual indemnification provisions and liability limitations
14. Governing Law and Jurisdiction: Specification of Indian law and jurisdiction for disputes
15. General Provisions: Standard clauses including notices, amendments, assignment, and severability
1. International Rights: Required when manager will represent producer internationally
2. Digital Rights Management: Needed for producers focused on digital content
3. Sub-Management Rights: Include when manager may appoint sub-managers in specific territories
4. Brand Management: For producers requiring personal brand development
5. Production Equipment: When agreement includes management of production equipment/facilities
6. Co-Production Arrangements: Required for producers regularly engaging in co-productions
7. Insurance Requirements: Detailed insurance obligations beyond standard coverage
8. Staff and Crew Management: When manager will handle production staff recruitment/management
1. Schedule 1 - Services Description: Detailed breakdown of management services
2. Schedule 2 - Commission Structure: Detailed commission rates for different types of projects/income
3. Schedule 3 - Approved Projects: List of existing projects covered by the agreement
4. Schedule 4 - Key Personnel: Details of key team members assigned to the producer
5. Schedule 5 - Territory Definition: Specific geographical areas covered by the agreement
6. Schedule 6 - Reporting Templates: Standard formats for financial and activity reporting
7. Appendix A - Power of Attorney: If manager requires specific legal authorities
8. Appendix B - Confidentiality Agreement: Detailed NDA terms for team members
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