Director Loan-Out Agreement for DGA Members

Hire a director for a feature film as a loan-out through his/her operating company with this Director Loan-Out Agreement.

• Scope of Agreement. The Loan-Out Agreement sets out the terms on which the corporation will loan out the performer's services for for directing a theatrical motion picture.
• DGA Agreement. The Agreement is controlled by the terms of the Directors Guild of America Basic Agreement.
• Director's Services. The director will provide exclusive services for pre-production, principal photography and post-production, plus additional post-production services as required and on a first-call basis subject to the director's prior contractual commitments.
• Compensation. Payment will be made to the loaning corporation ('Lender') for providing the director's services. The Lender will receive guaranteed compensation on a flat fee basis, plus deferred compensation (a percentage of the director's wages), and contingent compensation (a percentages of net profits of the picture, if any).
• No Obligation to Use. The producer is not obligated to use the director's services in connection with the picture, or even to release or distribute the picture, but is obligated to pay the full amount of the guaranteed compensation regardless.
• Credit. Credit will be accorded in accordance with the requirements of the DGA Basic Agreement.
• Also included is a Letter of Inducement from the director, making certain representations regarding the director's relationship to the corporation, and indemnifying the producer against any claims or amounts arising from the director's work on the picture.