Licensor Help

How do I make changes to an Advance or Guarantee via Amend?

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1. Use "Actions > Amend" to start the Amend process

2. Click "New Amendment"

3. Click "Advances / Guarantees"

4. You can perform several actions via Amend:

1. Click "New Guarantee" to add another advance/guarantee to the agreement

2. Click "Edit Name & Dates" to change the guarantee name or effective dates

3. Click "Edit Associations" to change the rights associated to the guarantee

4. Click "Edit Schedules" to modify the payment schedule

5. To LOWER the total guarantee amount: a) click "Edit Schedules", b) delete one or more payment milestones, c) click "Done" when finished

6. Click on the "email icon" to notify the licensee of the change via email

7. To RAISE the total guarantee amount: a) click "Edit Schedules", b) click "Add Schedule and Increase Guarantee Amount"

8. Enter the new payment milestone details and click "Update"

9. Use a new amendment for each additional payment milestone you need to add

10. To EDIT one or more payment milestones, first delete the milestone that you want to edit

11. Next, click "Add Schedule and Increase Guarantee Amount"

12. Then, enter the corrected payment milestone due date, amount, and description.  Click "Update" when done.

Confidentiality Notice

This document may contain information of a confidential, proprietary and/or sensitive nature. This document and the information in it may not be reproduced or disclosed to any unauthorized users without the prior written permission of FilmTrack, Inc (here-to-forth known as ‘The Company’). Any unauthorized reproduction or disclosure of this document or the information contained in it is strictly prohibited. All authorized reproductions (either in whole or in part) shall bear this confidentiality notice.

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