# Vertical Future - MOU Template (for review)

This is the standard Memorandum of Understanding template. Your personal MOU will be prefilled with your details once your series is approved.

MEMORANDUM OF UNDERSTANDING

Date: [date]
Submission ID: [submission ID]

This Memorandum of Understanding ("MOU") is entered into between Vertical Future ("VF") and [Creator name / company] ("Creator"), email [email], located in [country].

1. Project
The Creator has submitted the original vertical series "[series title]" ([project description]). Pilot: "[pilot title]". Proposed episodes: [number].

2. Purpose
The parties intend to work together on including the series in the Vertical Future catalog and exploring its development, licensing and distribution.

3. Term
This MOU is valid for 3 years from the date of signature unless replaced by a definitive agreement.

4. Rights
[rights summary]

5. Catalog and distribution
VF may present the series to distributors, platforms, brands and partners. Any revenue share, fees or financing will be agreed in a separate written agreement.

6. Creator warranties
The Creator confirms the rights declarations made at submission.

7. Non-binding
Except for confidentiality, this MOU expresses the intention of the parties and is not a binding obligation to finance, produce or distribute.

8. Next phase - official engagement / consignment
After the MOU, the parties will sign an official engagement or consignment agreement that sets the commercial terms, revenue share, territories, and the distribution rights VF may license on the Creator's behalf.

Signed:
Vertical Future ____________________
[Creator name] ____________________