Funding agreement between a financier and producer. The financier is providing funds to develop a concept into a multimedia product.
- The financier provides the funds
- The producer develops the concept
- Financier is granted rights as surety
- Funds are provided in instalments
- Milestones be completed before each instalment is paid
- Cost and time overruns
The agreement contemplates the Financier appointing a representative to oversee the project. Adaptable to other projects apart from multimedia. ie, suitable for film, tv, etc.Fully formatted in Microsoft word, ready to download edit and use. 21 pages long.