An agreement that a motion picture, film, television (TV) studio, production company, record label, or music recording company uses when granting a waiver allowing exclusive talent or musicians to participate in a designated, third-party project. It is also called an exclusivity agreement and waiver or an outside project and outside services agreement. This Standard Document is drafted in favor of the company. However, it aims to be reasonable and contains provisions common to negotiated exclusivity waiver agreements. This Standard Document includes integrated notes with important explanations and drafting and negotiating tips.