IOU (2024 Drum Re-Brand)
Project Recommendations
Pre-Production
Creative meeting(s), production team build
Production
Half-day shoot (on-location) for new gold drum brand reveal video
Crew: one camera operator, grip/director
Post-Production
Post team (editor, colorist) for one :30-:40 brand reveal video
** Deliverable comes with one client revision – additional revisions will be charged at our standard hourly rate**
Total: $7,175
CONTRACTUAL AGREEMENT
This Independent Contractor Agreement (Agreement) is entered into this 26th day of March, 2024, by and between Industrial Oils Unlimited, and Grassfire | Productions, an independent contractor (Contractor), in consideration of the mutual promises made herein, as follows:
Term of Agreement:
This Agreement will become effective upon delivery, and will continue in effect until the project’s completion.
Services to be Rendered by Contractor:
Contractor agrees to provide the following deliverables:
one :30-:40 brand reveal video
Compensation:
In consideration for the services to be performed by Contractor, Corporation agrees to pay Contractor $7,175, broken down as follows:
• $3,587.50 due time of agreement – remaining balance due prior to final delivery.
Work will begin once payment is received, & should the scope of work change, a revised quote will be submitted.
If the project sits idle for 30 days once underway, the project will be re-bid and any down-payment will not be refunded.
Tools and Instruments:
Contractor will supply all tools, equipment, and supplies required to perform the services under this Agreement.
Termination of Agreement:
Notwithstanding any other provisions of this Agreement, either party hereto may terminate this Agreement at any time by giving 30 days written notice to the other party. Once underway, if the Corporation cancels the agreement, the initial down payment will not be refunded.
