The primary purpose of drafting a Movie Production Agreement is to record the terms and payment details for film production that will be provided. A film production agreement is a contractual statement between two or more parties agreeing to the payment of filmrelated work.I'm going to take you through my production contract the one that I use successfully in my business and I'm going to walk you through it. I stipulated that I would wish to be reimbursed for the post production costs incurred in the instance the the film is sold to a distributor. Are there any good video production contract templates anyone can direct me to that cover the general pitfalls of jobs? 1. Fill in the production company name and details. The Production signs an Assumption Agreement in this form with. This guide explains the details of film production contracts, helping you understand their importance, what they include, and how to manage them effectively. General Film Permit Questions. The film had a troubled production.