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Contracts Project

Prepare a contract between Gordon Ramsay and Bravo Network ("Bravo") for Bravo to televise Ramsay's new television program, Kitchen Heavens. Bravo is a Florida corporation. Bravo is to produce the show, locate appropriate restaurants, negotiate television contracts with the restaurant owners, and market the show. All contracts negotiated by Bravo must be approved by Ramsay in writing.
This contract is for the production of five (5) television seasons, beginning August 2011. Bravo shall pay Ramsay $100,000 per episode with approximately fifteen episodes per season. Ramsay will be paid per episode when the episode is finished filming. In the event the show is unsuccessful, Bravo has the option to buy Ramsay out of the remaining contract for $1,500,000 (one season's worth of episodes). This option can be exercised at any time after the first full season has aired.

Ramsay must meet all production schedule deadlines and provide expert commentary on why the subject restaurant is running so heavenly. Ramsay also must not enter into any new television contracts with competing television networks for a period of one year. This non-competition period begins when the contract begins, August 2011. However, this non-compete provision does not apply to already existing shows in which Ramsay participates.

We want to put an attorney's fees provision in the contract that says that in the event of litigation between the parties to this contract, the losing party will pay attorney's fees to the prevailing party.

The contract is for 5 seasons but may be automatically renewed for a sixth season by Bravo provided they increase Ramsay's salary per episode to $300,000. The contract automatically terminates on Ramsay's death or, as stated above, may be terminated at Bravo's option via the buy-out.

Ramsay shall be chauffeured in a stretch limo to and from every production site. He will have a private dressing room, the right to choose his make-up artists and wardrobe, and he must be provided three high quality meals a day from the restaurants that are the subject of the Restaurant Heaven episode.

With respect to Bravo Network, make sure you prepare the document to have Bravo's president, Felipe Garza, as the signature.
This contract should not exceed three (3) pages, so make sure you edit carefully and don't repeat yourself.

Also, do not take the language from the fact pattern and directly insert it word for word into your contract. This is supposed to be your work product and it needs to be presented in your own words!!

Business Law & Ethics, Finance

  • Category:- Business Law & Ethics
  • Reference No.:- M91525158
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