Glossary entry (derived from question below)
English term or phrase:
inducement letter
Czech translation:
doprovodná smlouva (s výkonným umělcem)
Added to glossary by
Marek Obdrzalek
Apr 4, 2012 18:02
12 yrs ago
English term
Czech Republic
Law, Contracts, Business
Native in: Czech 
Works in: Czech to English, English to Czech, Slovak to Czech, and 1 more.
inducement letter
English to Czech
Art/Literary
Cinema, Film, TV, Drama
Film contract
Context:
All of the producer’s obligations hereunder are expressly conditioned upon producer’s receipt of a signed copy of this agreement and the inducement letter required by the completion bond company for the picture....
All of the producer’s obligations hereunder are expressly conditioned upon producer’s receipt of a signed copy of this agreement and the inducement letter required by the completion bond company for the picture....
Proposed translations
(Czech)
| 2 +1 | doprovodná smlouva (s výkonným umělcem) |
Petr Kedzior
|
| 3 +1 | motivační dopis/prohlášení |
jankaisler
|
Change log
Apr 4, 2012 19:44: jankaisler changed "Language pair" from "Czech to English" to "English to Czech"
Proposed translations
+1
1 hr
Petr Kedzior
Czech Republic
Czech Republic
Native in Czech
Czech Republic
Best price/performace ratio you can get
Native in: Czech
Works in: English to Czech, Czech to English, Slovak to English
Related KudoZ points
:
16
Selected
doprovodná smlouva (s výkonným umělcem)
A side letter creating direct contractual obligations between a production company and an individual presenter, to be signed in conjunction with an agreement between the presenter's loan-out company and the production company.
4 KudoZ points awarded for this answer.
Comment: "Děkuji vám za radu."
+1
2 hrs
jankaisler
Native in Czech
Works in field
Lawyer and Translator
Native in: Czech
Works in: English to Czech, German to Czech, Czech to German, and 1 more.
Related KudoZ points
:
28
motivační dopis/prohlášení
"Inducement letters
The majority of artist contracts are between the advertiser and/or agency and a loan-out company owned by the artist for tax reasons. The contract is still in essence with the artist though, and the artist should not be able to escape personal liability by hiding behind a corporate veil. It is therefore standard practice for there to be a separate inducement letter, from the artist to the advertiser and/or agency, under which the artist agrees that if the loan-out company does not perform, they will personally step into its shoes. The inducement letter also confirms that the company has the right to the artist’s services, and creates a direct contractual relationship between artist and advertiser."
The majority of artist contracts are between the advertiser and/or agency and a loan-out company owned by the artist for tax reasons. The contract is still in essence with the artist though, and the artist should not be able to escape personal liability by hiding behind a corporate veil. It is therefore standard practice for there to be a separate inducement letter, from the artist to the advertiser and/or agency, under which the artist agrees that if the loan-out company does not perform, they will personally step into its shoes. The inducement letter also confirms that the company has the right to the artist’s services, and creates a direct contractual relationship between artist and advertiser."
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