1
Enter the parties' legal names and project title
Use the full registered legal name of both the production company and the client entity β not trade names or individual contact names. Assign a precise project title that will appear in all schedules and invoices.
π‘ Confirm the client's legal entity type (LLC, corporation, sole trader) before drafting β this affects indemnification enforceability in some jurisdictions.
2
Attach the approved script as Schedule A
Insert or attach the complete, scene-by-scene script including slug lines, shot descriptions, dialogue, voiceover copy, and on-screen text. Both parties should initial each page of the schedule at signing.
π‘ Version-stamp the script document (e.g., 'Script v3 β Approved 2026-05-01') so there is no ambiguity about which draft governs if revisions are disputed later.
3
Define the revision rounds and feedback timeline
Specify the number of included revision rounds, what constitutes a single round, and the number of business days the client has to deliver consolidated feedback after each draft.
π‘ A 5-business-day client feedback window is standard for corporate clients β shorter windows increase missed deadlines; longer ones stall production schedules.
4
Set the IP ownership trigger and portfolio rights
Confirm that ownership transfers to the client upon cleared final payment. Decide whether the producer retains the right to use a short excerpt in their portfolio and specify the maximum duration.
π‘ If the client requires complete confidentiality β common in pharmaceutical or pre-launch product videos β offer a blackout period (e.g., 12 months) rather than a permanent restriction.
5
Specify music, talent, and third-party license responsibilities
List whether music is original, royalty-free, or externally licensed, and confirm which party is responsible for obtaining sync licenses and talent releases. Attach executed talent release forms as Schedule C.
π‘ Require the client to deliver written confirmation of any sync licenses before the lock picture edit β post-delivery music swaps are expensive and delay final delivery.
6
Complete the production timeline with specific dates
Fill in the shoot date, rough cut delivery date, revision window, and final delivery date. Include a client-delay provision that extends downstream milestones day-for-day when client feedback is late.
π‘ Build at least 3 business days of buffer between the rough cut feedback deadline and the final delivery date β real-world feedback almost always arrives late.
7
Set the payment schedule and kill fee
Enter the total fee, milestone-based installment amounts, and the kill fee percentage. A typical structure is 33% on signing, 33% on script approval, and 34% on final delivery.
π‘ The kill fee should at minimum cover all third-party costs committed plus a reasonable portion of crew time β 50% of total fee is the industry norm for projects cancelled in mid-production.
8
Define distribution rights and sign before production begins
Specify channels, territories, and time period. Both parties must sign before the production shoot date β post-shoot signatures create consideration problems and leave IP ownership unresolved during the period most likely to generate disputes.
π‘ For broadcast or streaming distribution, confirm in the agreement whether the client needs a broadcast master (ProRes, MXF) in addition to the web deliverable β format mismatches discovered at delivery cause costly re-exports.