Maine Exclusive Agency or Agent Agreement — Actor is a legally binding contract between an actor and an exclusive talent agency in the state of Maine. This agreement outlines the terms and conditions under which the actor agrees to be represented by the agency for a specified period of time. The main purpose of this agreement is to establish a professional relationship between the actor and the agency, granting the agency the exclusive right to represent and negotiate on behalf of the actor in the entertainment industry. The actor agrees not to seek representation from any other agent during the duration of the agreement. Key Terms and Conditions: 1. Exclusive Representation: The agreement states that the actor grants the agency the exclusive right to represent them for a specific period of time. This means that the actor cannot seek representation from any other agency or pursue acting opportunities independently without the agency's consent. 2. Scope of Representation: The agreement should clearly define the scope of the agency's representation, including the type of work they are authorized to seek on the actor's behalf. This may include film, television, theater, commercial, and voice-over opportunities. 3. Commission and Payments: The agreement outlines the commission structure, specifying the percentage of the actor's earnings the agency is entitled to. Generally, the commission ranges from 10% to 20% of the actor's gross earnings. The agreement may also cover payment terms, including when and how the actor will receive their earnings and how the agency will handle any deductions or expenses. 4. Duration and Termination: The agreement specifies the duration of the exclusive representation, usually ranging from one to three years. It should also outline the conditions under which either party can terminate the agreement, such as breach of contract, non-performance, or mutual agreement. Types of Maine Exclusive Agency or Agent Agreement — Actor: 1. Theatrical Exclusive Agency Agreement: A specialized agreement tailored specifically for actors looking for representation in theater-related projects, such as plays, musicals, and touring productions. 2. Commercial Exclusive Agency Agreement: This agreement focuses on representation for commercial acting, including advertisements, endorsements, and promotional campaigns. It may have specific provisions relating to auditions, callbacks, and negotiations for commercial opportunities. 3. Full-Service Exclusive Agency Agreement: A comprehensive agreement that covers representation across all mediums, including film, television, theater, and commercials. This agreement is suitable for actors who are open to diverse acting opportunities across various platforms. In summary, the Maine Exclusive Agency or Agent Agreement — Actor is a vital contract that outlines the mutually agreed terms and conditions between an actor and their exclusive talent agency. It ensures a clear understanding of the representation rights, commissions, and obligations of both parties involved. Different types of agreements cater to specific acting genres, such as theatrical, commercial, or full-service representation.
Maine Exclusive Agency or Agent Agreement - Actor
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Related Definitions Non-Designated Agency means the practice by which all licensees affiliated with a brokerage firm act as the agent of the brokerage firm's clients. All licensees affiliated with the brokerage firm owe the client the duties of a fiduciary.
"Appointed agent" means that affiliated licensee who is appointed by the designated broker of the affiliated licensee's real estate brokerage agency to act solely for a client of that real estate brokerage agency to the exclusion of other affiliated licensees of that real estate brokerage agency.
Appointed agent means a licensee appointed by a designated broker of the licensee's real estate brokerage firm to act solely for a client of that brokerage firm to the exclusion of other licensees of that brokerage firm.
Exclusive Agent means an agent authorised to the exclusion of all other persons including the copyright owner and, if any, its exclusive licensee to exercise a right which would otherwise be exercisable exclusively by the copyright owner and/or its exclusive licensee.
A Dual Agent can represent both the Buyer and Seller within one real estate transaction. According to Maine Law an Agent can only act as a Dual Agent under full disclosure, known as Disclosed Dual Agency. Both the Buyer and Seller must consent to this type of representation in writing.
1. Consent agreement; disclosed dual agent. A real estate brokerage agency may act as a disclosed dual agent only with the informed written consent of all parties.
Dual agency is when a single real estate agent represents both the buyer and sellers in a real estate transaction. Designated agency occurs when a buyer and seller are represented by two agents at the same brokerage.
The most common is the Exclusive Right to Sell or Lease Listing Agreement. The means there is an agency agreement between the seller and the broker, granting the broker the exclusive right to represent the seller in the sale or lease of the seller's property.
Exclusive agency listing: Agents get paid in this type of agreement only if they sell the property. No fee is earned if the owner alone sells the property. Open listing: In this type of agreement, sellers have the right to use as many brokers as they want.
An Exclusive Agency Agreement is a legal contract between a real estate firm and home seller that grants the firm the right to be the only entity to market and sell a property. In other words, this agreement gives the real estate agent the right to be the only agent to sell the property.