The Picture Clause Samples

The Picture. The Picture shall be a feature-length motion picture based upon a screenplay written by ▇▇▇▇▇▇ ▇▇▇▇ and to be directed by ▇▇▇▇▇▇ ▇▇▇▇.

The Picture. AFL shall be responsible for producing, completing and delivering the final Picture. The completed Picture shall be made available to FAME promptly after its completion but in any case no later than March 31,2006 ("Delivery Date"), subject to an extension of thirty (30) days resulting from events of force majeure as defined herein. All editing shall be done subject to FAME ' s approval. The Picture will be a feature-length first-class color motion picture and produced at a professional first-class standard for motion pictures which are suitable for theatrical release in the United States. The Picture shall have a running time of not less than 90 nor more than 110 minutes, inclusive of main and end titles and shall qualify for an MP AA rating no more than restrictive than R. FAME shall have the right of final cut if required by a 3 rd party distributor.

The Picture. RP shall be responsible for producing, completing and delivering the final Picture. The completed Picture shall be made available to FAME promptly after its completion but in any case no later than March 31, 2006 ("Delivery Date"), subject to an extension of thirty (30) days resulting from events of force majeure as defined herein. All editing shall be done subject to FAME's approval. The Picture will be a feature-length first-class color motion picture and produced at a professional first-class standard for motion pictures which are suitable for theatrical release in the United States and shall be delivered on 35mm film. The Picture shall have a running time of not less than 90 nor more than 110 minutes, inclusive of main and end titles and shall qualify for an MPAA rating no more than restrictive than PG-13. In addition to the PG-13 version, Director shall have the right to prepare an R rated version provided the cost to do so does not exceed the amount set forth in the budget approved by FAME. FAME shall have the right of final cut of both versions and may distribute either or both versions as FAME may, in its sole discretion, determine.

The Picture. (a) The Company shall be responsible for the development, production, distribution, marketing, advertising, sales and exploitation of the Picture. Company shall have the right to have the Picture exploited in any manner and in any and all media as the Company in its sole discretion shall determine. However, Company will not have the financial capability to distribute the Picture itself. Accordingly, Company shall endeavor to arrange for third parties to distribute and/or exploit the Picture. Funds received by the Company with respect to the distribution and/or other exploitation of the Picture shall be deposited into the Company’s (or its designee’s) bank account and shall be distributed in accordance with the terms of this Agreement. (b) The Parties acknowledge, agree and understand that that the current Covid-19 pandemic may impact the production schedule and any such impact may be deemed an event of Force Majeure in the Company’s sole discretion. (c) The Parties acknowledge that while there is presently a Letter of Intent for distribution of the Picture, there is presently no agreement with any distributor to distribute the Picture. The success of the Picture is dependent upon the Company’s ability to complete the Picture, the attractiveness of the final product to a distributor, and a distributor’s willingness to commit substantial sums to promote the Picture successfully. The gross revenue derived from the Picture is dependent, among other things, upon the interest of distributors and their ability to obtain suitable distribution via theatrical, television, home video, streaming, and/or other media, and in selecting proper release dates and appropriate advertising and promotion for the Picture. The negotiation of final distribution agreements, which frequently occurs (if at all) near the time of completion of motion pictures, will have a substantial impact upon the amount of receipts available to the Company from the exploitation of the Picture. There is no assurance that such negotiations will result in revenues or profits to the Company. Furthermore, although the Company has agreed to use commercially reasonable efforts to cause the Picture to be distributed, there is no assurance that the Picture will be distributed or that such distribution will be profitable to the Company. The fact that any distributor derives profits from its own distribution of the Picture will not, in turn, assure that the Company will also derive profits therefrom.

The Picture. Licensor shall deliver a new and original feature-length motion picture of first class technical quality. The Picture shall be completed and delivered to SPWA on or before the Delivery Date (as defined herein), time being of the essence.

The Picture. The Picture will be based on an outline and plan (the “Screenplay”) from A▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ and, subject to the agreements between Company and the following individuals, will be directed by A▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ and will be produced by Legion M Entertainment, Inc., Exhibit A, and W▇▇▇▇▇▇ ▇▇▇▇▇▇▇. The parties have completed principal photography of The Picture and intend to have a finished film ready in early 2023. For the avoidance of doubt, Investor does not have any claim on rights to the Picture itself other than as outlined in this Agreement, nor rights to future sequels, series, or derivative works related to the The Picture.

The Picture. Has been produced by In Cue and will be delivered to SMV, free and clear of all leans upon the execution of this agreement. In Cue warrants and represents that all film elements required by distributor for distribution are presently being stored at a facility and are under the control of In Cue. In Cue agrees to give distributor non-exclusive access to all such elements.

The Picture