Deferred Payment Contract samples

[Michael B. McGee]

well i tried searching for this and had no luck. i'm in the middle of pre-production on a project and i mentioned to the producer that we need to setup a "deferred payment contract" since she won't be paying me or my crew. she said she'll speak to her lawyer and get back to me. well, we shoot next sunday and i wanna make sure my crew and myself get paid if this project makes a profit. so, the question is: does anyone know of a general deferred payment contract? should i have googled it before posting or does one even exist? also, let me know about your deferred payment jobs and how that worked out for you and your crew.

thanks,
Mike

 

[grinner]

You can downlaod templates with a quick search but you should mentally log that deferred payment translates to you are just doing it for your reel.

 

[Michael B. McGee]

.....but you should mentally log that deferred payment translates to you are just doing it for your reel.

i know. i'm an optimistic surrealist.

 

[MichaelP]

Basically the contract needs to read that all first monies received needs to pay off all deferred payments. But you would need to be invovled with the distribution trackng process to keep tabs if this is someone you are working with for the first time.

Michael

 

[Michael B. McGee]

Basically the contract needs to read that all first monies received needs to pay off all deferred payments. But you would need to be invovled with the distribution trackng process to keep tabs if this is someone you are working with for the first time.

Michael

Ok great. thanks Michael. its a promo/pilot workout video and the producer is a friend of a friend. i hope we can track all of the profits. we'll see....