Certificate of Engagement (Pro-Company, Loan-Out) | Practical Law

Certificate of Engagement (Pro-Company, Loan-Out) | Practical Law

An agreement called a certificate of engagement (COE) that transfers to a studio or production company all rights in the results and proceeds of the services of an independent contractor (talent, such as an actor, producer, or director) on an entertainment production, such as a television (TV) or streaming movie or series, theatrical motion picture film, social media content, or commercial. It includes work made for hire and assignment provisions and is for use when the studio engages the talent through the talent's loan out (loanout or loan-out) corporation. The parties negotiate and execute the COE promptly after agreeing to all deal terms before entering into a long-form agreement. While drafted in the studio's favor, this Standard Document aims to be reasonable and includes provisions typical for COEs. This Standard Document has integrated notes with important explanations and drafting tips.

Certificate of Engagement (Pro-Company, Loan-Out)

Practical Law Standard Document w-030-1263 (Approx. 15 pages)

Certificate of Engagement (Pro-Company, Loan-Out)

by Practical Law Media & Entertainment
MaintainedUSA (National/Federal)
An agreement called a certificate of engagement (COE) that transfers to a studio or production company all rights in the results and proceeds of the services of an independent contractor (talent, such as an actor, producer, or director) on an entertainment production, such as a television (TV) or streaming movie or series, theatrical motion picture film, social media content, or commercial. It includes work made for hire and assignment provisions and is for use when the studio engages the talent through the talent's loan out (loanout or loan-out) corporation. The parties negotiate and execute the COE promptly after agreeing to all deal terms before entering into a long-form agreement. While drafted in the studio's favor, this Standard Document aims to be reasonable and includes provisions typical for COEs. This Standard Document has integrated notes with important explanations and drafting tips.