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Film Shopping Agreement
"I need a Film Shopping Agreement under Saudi law for my independent documentary film, granting exclusive rights to a local agent to shop the film to streaming platforms in the MENA region for a 6-month period starting January 2025."
1. Parties: Identification of the rights holder/seller and the shopping agent/buyer
2. Background: Context of the agreement and brief description of the film project
3. Definitions: Key terms used throughout the agreement including 'Shopping Period', 'Territory', 'Rights', etc.
4. Appointment and Rights: Exclusive/non-exclusive appointment of agent and scope of rights granted for shopping the film
5. Term: Duration of the shopping period and any extension provisions
6. Territory: Geographical scope where the agent can shop the film
7. Agent's Obligations: Responsibilities including promotion, reporting, and compliance with local regulations
8. Owner's Obligations: Responsibilities including providing materials, information, and maintaining rights ownership
9. Compensation: Fee structure, commission rates, and payment terms
10. Representations and Warranties: Standard warranties regarding rights ownership, authority to contract, and Shariah compliance
11. Confidentiality: Protection of confidential information and trade secrets
12. Termination: Circumstances allowing termination and consequences thereof
13. Governing Law and Jurisdiction: Application of Saudi law and dispute resolution mechanisms
1. Local Content Requirements: Section addressing specific Saudi content requirements when applicable to the film
2. Cultural Compliance: Specific provisions ensuring compliance with Saudi cultural norms and GCAM guidelines
3. Sub-Agents: Rights and restrictions regarding the appointment of sub-agents in different regions
4. Digital Rights: Specific provisions for digital/streaming platforms if included in shopping rights
5. Competition Restrictions: Non-compete clauses and restrictions on shopping competing projects
6. Force Majeure: Provisions for unforeseen circumstances affecting performance
7. Insurance: Requirements for insurance coverage during the shopping period
8. Islamic Finance Compliance: Additional provisions ensuring compliance with Islamic finance principles if relevant
1. Schedule 1 - Film Details: Detailed description of the film project including synopsis, budget, and key elements
2. Schedule 2 - Shopping Materials: List of materials provided for shopping purposes (treatments, scripts, promotional materials)
3. Schedule 3 - Approved Budget: Detailed budget for shopping activities and allowable expenses
4. Schedule 4 - Territory Restrictions: Specific restrictions or requirements for different territories
5. Schedule 5 - Required Approvals: List of necessary regulatory approvals and licenses
6. Schedule 6 - Commission Structure: Detailed breakdown of commission rates and calculation methods
7. Appendix A - Reporting Templates: Standard forms for progress reports and financial reporting
8. Appendix B - GCAM Guidelines: Relevant excerpts from GCAM regulations affecting the shopping process
Authors
Approved Budget
Confidential Information
Effective Date
Film
Film Materials
GCAM
GCAM Regulations
Intellectual Property Rights
Marketing Materials
Net Proceeds
Owner
Owner Materials
Permitted Recipients
Project
Shopping Agent
Shopping Fee
Shopping Materials
Shopping Period
Shopping Rights
Shopping Services
Success Fee
Territory
Third Party Agreements
Transaction
Potential Buyers
Distribution Rights
Exhibition Rights
Commercial Terms
Shariah Compliant Terms
Licensed Rights
Exploitation Rights
Promotional Rights
Shopping Report
Content Guidelines
Cultural Requirements
Local Content Regulations
Restricted Content
Revenue Share
Commission Structure
Sub-Agent
Term
Force Majeure Event
Intellectual Property
Moral Rights
Grant of Rights
Term and Territory
Shopping Services
Agent Obligations
Owner Obligations
Fees and Payment
Success Fee
Expenses
Shopping Materials
Approvals and Consents
Cultural Compliance
GCAM Compliance
Reporting Requirements
Representations and Warranties
Confidentiality
Intellectual Property
Non-Competition
Sub-Contracting
Assignment
Force Majeure
Termination
Consequences of Termination
Indemnification
Liability Limitation
Insurance
Notices
Shariah Compliance
Governing Law
Dispute Resolution
Entire Agreement
Severability
Amendments
Third Party Rights
Relationship of Parties
Anti-Corruption
Data Protection
Local Content Requirements
Media & Entertainment
Film & Television
Digital Media
Creative Arts
Investment & Finance
Cultural & Entertainment Services
Technology & Digital Distribution
Advertising & Marketing
Legal
Business Development
Content Acquisition
Media Distribution
Film Production
Compliance
Investment
Creative Development
Sales
Contract Administration
Content Acquisition Manager
Film Rights Manager
Entertainment Lawyer
Business Development Director
Media Distribution Executive
Creative Producer
Investment Manager
Legal Counsel
Content Licensing Manager
Film Producer
Sales Director
Compliance Officer
Contract Manager
Media Rights Executive
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