Once the company is set up, you must enter an official loanout agreement. We've created two free, customizable and downloadable templates: Actor Employment Agreement (NonUnion) and Actor Employment Agreement (LoanOut for SAG Actor).Producer must execute this Agreement no later than one week prior to any work by. Performers or Background Actors. The producer then enters an acquisition agreement with a distributor for release of the picture. Trump tax cuts forced a lot of entertainment industry individuals to become corps(loan outs) in order to continue being able to write off business expenses. CAMAs are agreements between parties with a financial stake in a project who are entitled to receive a portion of a film's gross receipts. This document is a loan-out agreement between a producer and director's company for the director's services on an upcoming theatrical motion picture. The bank assigns to the completion guarantor a security interest in the collateral subject only to the bank's rights under the loan agreement. A loan commitment agreement is a contract between a bank and a company where the bank agrees to loan the business a specified sum of money.