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Co-producer Terms

 

This Co-producer Terms is effective as of February 22, 2016.

 

This agreement establishes and governs the relationship between the Co-producers and other registered users. ImeStar.com provides technical capability of such  interaction.

The user who signed up  as a Producer agrees and assumes all obligations imposed on him by the present Co-producer Terms and is subject to the Terms of Use, Privacy Policy and Cookie Policy.

Definitions:

By these terms, we mean:

"Authors" - the creators of meaning; authors / creators and owners of the Works that are presented at our site.

"Works" - all kinds of Author’s creative activity.

"Partners" -  teachers and mentors who provide "Lessons / Schools", as well as their professional services, which help Authors to obtain the skills and necessary results.

"Lessons / Schools" – these are the videos including the demonstration of the processes and tasks for obtaining the necessary skills.

"Co-producers" - the people supporting a particular Author and / or his Works by contributing money resources into the Author’s "Foundation" and controlling this Fund with the aim of producing, promoting and enhancing the Author’s skills.

"Foundation" - targeted funds collected for financing the skills improvement, promoting and producing the Author.

"Buyers" - buyers of non-exclusive or exclusive property rights on Author’s Works, as well as buyers-customers on the performance of their professional services by the Authors.

 

Co-producer (Co-producers) undertakes to:

- Abide by the Terms of Use and other requirements of the site;

- Accept the Author's property rights, in understanding all exclusive North American rights ("Rights"), for Works which he posts on the site ImeStar.com and to take the Rights to the results of his future creative activity in the Author-selected Category, which will be obtained in the result of the Author’s producing by the Co-producer/Co-producers (including training, promotion and advertising);

- Manage the accepted Rights on purpose to increase  the cost of such extraction and mutual benefit;

- At  his  own risk to manage the Author’s trust Funds through the adoption of relevant decisions including the financing thereof;

- Actively participate in the elaboration and adoption of the Co-producers solutions, understanding that the absence of a quorum shall entail their rejection. Omissions, in most cases, are worse than quickly made "bad" decision. Of course the ones with further analysis and rapid adoption are better than developed solutions;

- Make the decisions involved, rationally and following the main goal - promotion of the Author and his Works, enhancing the Author's skill and growth of his creative potential;

- Act openly and friendly towards the Author, supporting Author's creative impulses and initiatives;

- Be focused on the Author getting him skills, knowledge, abilities and competencies that make up the value of his personality and the value of his human capital -  as well as on increasing the creativity capitalization of the Author;

 - Strictly comply with the terms of transactions committed in the sale of the Rights to Works and/or Services, including responsibility for the monitoring of the deferred contribution payments, if any, in the accepted terms of decisions (transactions);

- Compensate for all losses caused to the parties in consequence of the failure of the assumed obligations and/or improper implementation, as well as for the premature termination and/or repudiation of the agreement.

 

The Co-producer (Co-producers) has the right to:

- Manage the accepted Rights in order to increase the cost of Rights and mutual benefit;

- At his own risk to manage the Author’s trust Funds by making appropriate decisions involving their financing;

- Actively participate in the elaboration and adoption of Co-producers decisions, realizing that the lack of a quorum shall entail their failure;

- Make decisions involved, rational, and following the main goal – the promotion of Author and his Works, improving the Author's skill and the growth of his creative potential;

- Act openly and friendly towards the Author, supporting the Author’s creative impulses and initiatives;

- Be focused on the Author getting the him skills, knowledge, abilities and competencies that make up the value of his personality and the value of his human capital - as well as on increasing the creativity capitalization of the Author;

- Use the Partners services provided on the site in order to accomplish the objectives and performance of the necessary tasks, but not be limited by them, as well as involving other users who may potentially be the Partners providing the required service;

- Obtain an appropriate  contribution part of the income from the use of Rights to the Works and/or Services including from the subsequent sale thereof.

 

ImeStar.com platform provides the ability for the Co-producer (Co-producers) to interact with other registered users, and the Co-producers of the single Author (Work), if there are any. ImeStar.com does not assume any risks and limits its liability from any claim up to the limit of 100 USD.

 

ImeStar.com platform provides:

- Access to the Author's Works and other public information provided by the Authors;

- Possibility of Authors and their Works selection by many of the search parameter;

- Writers support through technical capabilities to establish, collect and manage the Trust Funds;

- Possibility of the Trust Fund collective management through the processing and adoption of Co-producers solutions;

- The possibility of active interaction with the Authors, in order to achieve objectives including producing, improvement of the skills and competencies of Authors, as well as promoting them and their Works;

- The ability to interact with other registered users:

a) Partners – in transactions for Partner services;

b) Buyers – in the sale of the Rights to Author’s Works and/or Services;

- Fixation of the Rights transfer;

- Crediting the Co-producer (each one separately) with the relevant part of the income (in proportion to the amounts of contributions and distribution between the parties) from joint use of Rights in the transferred Works and/or Services rendered.

 

The Rights and obligations of the transferring party are presented in the Author Terms.

Accordingly, the rights and duties of other registered participants are provided in the respective Buyer Terms and Partner Terms.

ImeStar.com does not carry out the pre-moderation of Works.

The responsibility for the content rests with the Author.

ImeStar.com does not carry out the pre-moderation of Lessons and Schools.

Responsibility for the content rests with the Partner.

ImeStar.com is not a party of the agreement, and it only provides the ability to interact for the registered participants.

 

The term of this agreement.

The term of this agreement on the active production of the Author by the Co-producer (Co-producers) in exchange for the transfer of Rights is 90 (ninety) months since the first contribution into the Author’s Fund with the possibility of further extension with the consent of the parties.

The Rights are transferred for indefinite term (without restriction of term, i.e. forever).

 

The income.

The income received from the transferred rights is to be shared between the parties in accordance with the Pricing & Fees.

 

Taxes.

The income received from registered users on  ImeStar.com  tax authorities classify as taxable. For the possibility to obtain such income from the registered user,  ImeStar.com  asks for tax identification number (TIN), as well as to fill it out and attach to the personal account a W-9 form, so that we could report about taxable income to the relevant tax authorities. Registered users who have a source of income at ImeStar.com will be provided with the relevant tax documents in case, if it is required by the tax authorities.

 

Refunds.

A refund to the Co-producer is available within three weeks (21 days) from the date of the received request provided, however, if these funds are credited and are kept on a personal account of a Co-producer. The funds are returned minus a fee (see Pricing & Fees).

Funds deposited in Author's personal Fund can be returned only by joint decision of the Co-producers governing such Fund at the moment.

ImeStar.com only provides the platform and services - direct management of Funds is carried out by the Co-producers. The procedure and order of making such a decision on withdrawal from the Fund and the exit of the Co-producer with the number of participants in the Fund are the same as for any other decisions on the management of the Fund.

 

Withdrawal of funds from the platform imestar.com received and owned by the Co-producer is possible minus a fee (see Pricing & Fees).

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