V48HOURS 2010 – A Furious Filmmaking Competition

This is an agreement which binds the film team leader and his team (documented above in the Registration Agreement), hereafter known as (the “Entrant"), with respect to the Entrant's participation in the V48HOURS furious filmmaking challenge (the “48 HOURS Competition”) and the creation of a short film or video (the "Film") pursuant to the terms of the 48 HOURS Competition as set out below (the “Terms”).

The Entrant hereby agrees to take part in the V48HOURS Competition, being produced by V48HOURS and is scheduled to take place from 16–18 APRIL 2010.

The Entrant hereby states that they have read, and agree to abide by, all the Rules and Registration requirements (as set out incorporated on the official V48HOURS website). It is understood that V48HOURS reserves the right to screen or exhibit only those films/videos which adhere to the Terms.

The Entrant hereby understands that they are solely responsible for all crew, cast, equipment, sets, locations, and other items necessary for participating in the V48HOURS Competition and all costs, expenses, damages and claims related thereto. The Entrant hereby understands that they are solely responsible for the safety of all cast and crew who participant in the Film.

V48HOURS is providing the event and guidelines in which the Entrant is taking part; a screening opportunity for all of the completed work; and a prize for each city winner and the Grand National Winner.

The Entrant hereby affirms that they will secure all rights to images, sounds and music used in their Film and/or will secure any and all talent, crew releases and other releases as required ( including but not limited to use of locations, artwork, props etc) (the “Release Form(s)”) .

The Entrant hereby affirms that such Release Form(s) will allow the Entrant and/or 48 HOURS to exercise the rights as required and set out in the Rules and will indemnify and save and hold harmless V48HOURS from any and all claims, costs, damages, expenses and liabilities arising from the creation, use, participation, exhibition and exploitation (including, but not limited to claims for negligence and other torts, discrimination, fraud, infringement and breach of contract) of the Entrant's Film.

The Entrant hereby acknowledges that V48HOURS will be the sole owner of the Film for the territory of New Zealand; and that V48HOURS has the right to publicise, promote, screen, show, exhibit, broadcast, lease, licence or sell or otherwise exploit or deal with the Film in all media (now known or later invented or devised) as required by 48 HOURS.

The Entrant hereby acknowledges that V48HOURS will eventually produce and distribute domestically a DVD containing a selection of this years shorts. The Entrant understands however that V48HOURS is not obligated to include every short created for the competition on the DVD and that such DVD may or may not include the Entrant’s Film.

The Entrant and V48HOURS hereby agree that the Entrant retains the international rights for their Film.

The Entrant hereby acknowledges that participation in V48HOURS Competition is without remuneration or compensation whatsoever. The consideration for participating in the V48HOURS Competition and for the rights as acquired by 48 HOURS pursuant to this agreement is the screening of the Entrant’s completed Film at the conclusion of the Competition; and the possibility, although not the obligation by V48HOURS, for future domestic screenings; and the opportunity for publicity or exposure for the Entrant.

The Entrant hereby acknowledges that a "Making of V48HOURS" (the “Documentary”) may be shot during the V48HOURS Competition, and hereby agrees to allow camera crews unrestricted access (provided such access does not unreasonably interrupt with or interfere production of the Film) to film any production stage of the Film; and further agrees to immediately provide to V48HOURS a signed release for each of their participating cast and crew members, using the attached release form. This in no way, however, obligates V48HOURS to produce or exhibit the Documentary and/or include any filming of the Film as part of that Documentary.

V48HOURS is owned by 2Brothers Films, Box 5653 Wellesley St, Auckland NZ.

I agree to the above and confirm that a) this is my team's only application, b) the information I have provided on this form is true and accurate in all respects, c) that I have completed and retained all necessary paperwork and will make this available to the organisers upon request, and d) that I have the full power and authority to enter into and perform the obligations and provide the rights as set out above.