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Film Project Joint Venture Dissolution Agreement
Dissolve and terminate a joint venture which was set up to develop and produce a motion picture with this template Film Project Joint Venture Dissolution Agreement.
- The property of the joint venture will be liquidated and the proceeds applied to payment of outstanding debts and expenses, and the balance allocated among the co-venturers in accordance with a predetermined formula based on their capital contributions to the film production.
- Copyright in the screenplay and the motion picture produced by the joint venture will be held and owned jointly by the co-venturers.
- All revenues received from the picture, including merchandising and spin-off rights, will be shared equally by the co-venturers.
- If a co-venturer wishes to sell its copyright interest, the other co-venturer will have a first right of refusal to acquire the interest.
- If a co-venturer wishes to use the screenplay in connection with another venture, the other co-venturer will be given an opportunity to participate.
Download: 
Film Project Joint Venture Dissolution Agreement
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