Final Acquisition Contract
Signed on………… 2021
(Buyer’s details, name, title, company, address, email, website) ____________________________________________
LGMA, Georges Leclere, President, LGMA Inc., 18 Sunset Drive, White Plains, NY – 10604 – USA
This Final Acquisition contract, when dated and signed by both parties, indicates that (The above-mentioned Buyer) has now the full rights to produce, air and advertise over its Country or Territories, The Avenir Format Show, (TAFS), registered at The US Copyright Office under the number 1-10104440342, a Format show designed for local production and Broadcast or Streaming by the News Division(s) in any combination thereof.
The Acquisition fee for the Rights to produce, air and run advertising in The Avenir Format Show will be $xxx per show payable every Quarter to LGMA based on a minimum of xxx shows per month.
LGMA agrees to a discount for News Outlets running more than 10 shows per month and agrees to review the basic fee every 3 months based on actual number of aired episodes of The Avenir Format Show.
The signature of this document indicates that the buyer has read and signed the non-binding preliminary Memorandum of Understanding, (MOU). The buyer has also read and acknowledges the Appendixes proposed by LGMA. The buyer is now confirming its willingness to finalize the acquisition of the rights Produce and Run The Avenir Format Show on their Broadcast or Streaming domains.
Name & Title___________________________________
Georges Leclere, President