The Magic of SAG Micro Budget Agreement

Are filmmaker producer create independent film? If Screen Actors Guild (SAG) Micro Budget Agreement golden ticket vision life.

But exactly SAG Micro Budget Agreement, benefit you? Let`s details explore wonders agreement.

What is the SAG Micro Budget Agreement?

SAG Micro Budget Agreement contract Screen Actors Guild films budgets $700,000 less. Allows cast SAG actors productions reduced rates, possible work talent breaking bank.

Benefits of the SAG Micro Budget Agreement

Working SAG Micro Budget Agreement benefits filmmakers:

Benefit	Details
Access to Professional Talent	Ability cast SAG actors roles, bringing level performance film.
Reduced Rates	SAG actors agree work wages, cost-effective filmmakers.
Union Support	Films made agreement support endorsement Screen Actors Guild.

Case Study: The Success of SAG Micro Budget Films

Several successful films have been made under the SAG Micro Budget Agreement, proving its effectiveness for independent filmmakers. One notable example is “The Blair Witch Project,” which was produced for a budget of just $60,000 and went on to gross over $248 million worldwide.

Statistics: SAG Micro Budget Agreement Impact

According SAG, Micro Budget Agreement enabled 300 films made budgets $700,000 inception, opportunities filmmakers create productions professional actors.

How to Utilize the SAG Micro Budget Agreement

If interested making film SAG Micro Budget Agreement, step familiarize contract requirements. Need submit application SAG adhere guidelines forth agreement.

Final Thoughts

SAG Micro Budget Agreement game-changer filmmakers, offering chance work professional talent fraction cost. Right approach vision, agreement open doors impactful compelling films resonate audiences worldwide.

Top 10 Legal Questions about SAG Micro Budget Agreement

Question	Answer
1. What is the SAG Micro Budget Agreement?	The SAG Micro Budget Agreement is a contract between the Screen Actors Guild (SAG) and filmmakers working on low-budget productions. It sets out the terms and conditions for hiring SAG actors on a micro-budget film.
2. How does the SAG Micro Budget Agreement differ from other SAG contracts?	The SAG Micro Budget Agreement is specifically tailored to low-budget productions, allowing filmmakers to hire SAG actors at reduced rates and with more flexibility compared to standard SAG contracts.
3. What are the key eligibility requirements for the SAG Micro Budget Agreement?	To eligible SAG Micro Budget Agreement, film budget $20,000 less completed minute, criteria. Additionally, filmmaker adhere rules regulations forth SAG.
4. Can non-union actors be hired under the SAG Micro Budget Agreement?	Yes, non-union actors can be hired under the SAG Micro Budget Agreement, but SAG actors must make up the majority of the principal performers.
5. Are there any restrictions on distribution and exhibition under the SAG Micro Budget Agreement?	The SAG Micro Budget Agreement limits the distribution and exhibition of the film to specific platforms and venues. Must adhere restrictions maintain compliance agreement.
6. What are the payment terms for SAG actors under the SAG Micro Budget Agreement?	SAG actors hired under the SAG Micro Budget Agreement are entitled to receive minimum compensation, pension and health contributions, and residuals, as outlined in the agreement.
7. Can a filmmaker modify the terms of the SAG Micro Budget Agreement?	Modifying the terms of the SAG Micro Budget Agreement requires approval from SAG. Filmmakers must follow the designated process for requesting modifications and obtain consent from SAG before implementing any changes.
8. What are the potential consequences of breaching the SAG Micro Budget Agreement?	Breaching the SAG Micro Budget Agreement can result in legal action, financial penalties, and other repercussions. Critical filmmakers adhere terms agreement avoid consequences.
9. Is it advisable to seek legal counsel when navigating the SAG Micro Budget Agreement?	Yes, it is highly advisable for filmmakers to seek legal counsel when dealing with the SAG Micro Budget Agreement. Legal guidance can help ensure compliance with the agreement and protect the filmmaker`s interests.
10. How can a filmmaker terminate the SAG Micro Budget Agreement?	Terminating the SAG Micro Budget Agreement requires adherence to specific procedures outlined in the agreement. Filmmakers should carefully review the termination provisions and follow the designated steps to avoid any potential disputes.

SAG Micro Budget Agreement

This SAG Micro Budget Agreement (“Agreement”) is entered into on this [date] by and between the undersigned parties, in accordance with the rules and regulations of the Screen Actors Guild-American Federation of Television and Radio Artists (“SAG-AFTRA”).

Article I – Parties
This Agreement is entered into between [Producer Name] (“Producer”) and [Actor Name] (“Actor”).

Article II – Project
Producer agrees to engage Actor for the production of [Film/Project Name] (“Project”) in accordance with the terms and conditions set forth in this Agreement.

Article III – Compensation
Producer agrees to pay Actor a total compensation of $[Amount] for their services rendered in the Project, in compliance with the SAG-AFTRA minimum wage requirements.

Article IV – Rights Obligations
Both parties agree to adhere to all the rights and obligations set forth in the SAG-AFTRA Low Budget Theatrical Agreement, including but not limited to, working conditions, hours of service, and safety requirements.

Article V – Governing Law
This Agreement governed construed accordance laws state [State], without effect choice law conflict law provisions.

In witness whereof, the parties hereto have executed this SAG Micro Budget Agreement as of the date first above written.