Lebanon, IN asked in Contracts and Entertainment / Sports for New York

Q: What is the right agreement/contract to promise compensation/work on the condition they perform a pre-agreed upon task?

We are in the first round of raising front money funds for a theatrical production. Our director is uniquely positioned to reach key investors. We could like to draft an agreement that states if she is able to meet our initial fundraising goal by bringing the right investors to the table, she is guaranteed to be signed onto direct the eventual production, and entitled to consideration for producer compensation.

1 Lawyer Answer
Michael David Siegel
Michael David Siegel
  • New York, NY
  • Licensed in New York

A: There is not a "form" you can use, but such an agreement can be drafted. It would not need to be that complex.

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