CANCELATION POLICY
Cancellation and Postponement: Film or Digital Video Production:
A. If notice of cancellation/postponement is given to the Producer ONE TO TEN WORKING DAYS prior to the commencement of the shoot, the Client will be liable to the Production Company for:
(1) All out-of-pocket costs;
(2) Full director’s fee as bid; and
(3) Full production fee on the project as bid.
B. If notice of cancellation/postponement is given ELEVEN TO FIFTEEN WORKING DAYS prior to the commencement of the shoot, the Client will be liable to the Production Company for:
(1) All out-of-pocket costs;
(2) Not less than 50% of director’s fee as bid; and
(3) Not less than 50% of production fee on the project as bid.
C. If notice of cancellation/postponement is given MORE THAN FIFTEEN WORKING DAYS prior to the commencement of the shoot, the Client will be liable to the Production Company for:
(1) All out-of-pocket costs;
(2) Not less than 25% of the director’s fee as bid; and
(3) Not less than 25% of the production fee on the project as bid.
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Cancellation and Postponement: CGI or Animation Production:
A. If notice of cancellation/postponement is given MORE THAN HALFWAY THROUGH the production schedule of the project, that is between the award or start date and the final delivery date, the Client will be liable to the Production Company for the full cost of the project as a bid.
B. If notice of cancellation/postponement is given IN THE SECOND QUARTER of the production schedule of the project, that is between the award or start date and the final delivery date, the Client will be liable to the Production Company for:
(1) All out of pocket costs, including the expense of all staff and free-lance labor attached to the project. This expense will include full payment through the original completion date if that labor is not re-booked by the Client, or, in the case of the free-lance labor, not able to re-book itself on another project.
(2) Full creative fees as bid.
(3) Full production fee on the project as bid.
C. If notice of cancellation/postponement is given IN THE FIRST QUARTER of
the production schedule of the project, that is between the award or start date and the final delivery date, the Client will be liable to the Production Company for:
(1) A (1) All out of pocket costs, including the expense of all staff and free-lance labor attached to the project. This expense will include full payment through the original completion date if that labor is not re-booked by the Client, or, in the case of the free-lance labor, not able to re-book itself on another project.
(2) Not less than 50% of creative fees as bid.
(3) Not less than 50% of the production fee on the project as bid.