Nancy Scott
August 20th, 2003, 11:16 AM
I'm producing a no-budget short film and will be getting standard releases from the actors, who are donating their time. Someone has asked for a "back-end" agreement that covers money to be paid to an actor IF the film becomes commercial and makes a "profit." The chance of this are slim to nil, but the actor wants it covered.
Does anyone have any experience with these so-called "back end agreements?" What percentage might we be talking about? I've looked around the net but haven't come up with any proforma agreements that address this. In fact, nobody seems to address it at all! I'm not eager to hire an entertainment lawyer if I can avoid that, but I also don't want to lose my actor :-)
Thanks for your thoughts and ideas.
Does anyone have any experience with these so-called "back end agreements?" What percentage might we be talking about? I've looked around the net but haven't come up with any proforma agreements that address this. In fact, nobody seems to address it at all! I'm not eager to hire an entertainment lawyer if I can avoid that, but I also don't want to lose my actor :-)
Thanks for your thoughts and ideas.