Chapter 12: "The Contract Signing"
After Justin's selection for the lead role, his mother, Pattie, couldn't shake off the gnawing feeling of uncertainty. Aware of the complexities of the film industry, she knew they needed expert guidance.
"Scooter," she confided, turning to Justin's agent, "this movie business seems like uncharted territory for us. Do you think we could use some professional help?"
Scooter, understanding the intricacies involved, nodded empathetically. "Absolutely, Pattie. Don't worry about anything; we will handle it. You should also be there when signing the contract. We will also involve a team lawyer. They'll know how to navigate the contracts and negotiations, ensuring Justin gets the best deal possible."
Pattie felt reassured after hearing Scooter's words.
The legal team they enlisted was renowned for its expertise in entertainment law. The lead attorney, Mr. Patel, had a stellar reputation for negotiating favorable deals for young talents. Alongside him was Ms. Clarke, a sharp and diligent associate known for her meticulous attention to detail. Rounding out the team was Mr. Foster, a seasoned contract specialist with years of experience in the film industry. Together, they formed a formidable group, dedicated to protecting Justin's interests and ensuring his rise in Hollywood was built on solid ground.
Meetings were held at the 20th Century Fox headquarters, where they invited the lawyers to discuss the movie "Home Alone."
Before one of the crucial meetings, Justin had a private conversation with Mr. Patel. "Mr. Patel," Justin began, "I've been thinking about the salary they're offering. It's quite low, isn't it? Chris Columbus mentioned to me that since the movie has a small budget, the studio might be more willing to agree to a higher bonus structure based on the box office success."
Mr. Patel raised an eyebrow, impressed by Justin's understanding. "That's quite insightful, Justin. Why do you think they would agree to a higher bonus structure?"
Justin, remembering his future knowledge, created a plausible reason. "Well, Chris said that with the small budget, the studio won't be able to pay a high salary upfront. But if the movie does really well, they'll have more profits to share. So, asking for a higher bonus tied to the movie's performance makes sense for both sides."
Mr. Patel smiled, clearly impressed. "That's a very strategic approach, Justin. We'll definitely push for a more favorable bonus structure in the contract."
Justin had this idea because he knew from his future knowledge that the "Home Alone" movie would gross more than $470 million at the box office. This foresight made him realize that negotiating for a performance-based bonus would be far more lucrative than a higher base salary.
As the negotiation progressed, the atmosphere in the conference room grew tense. Pattie leaned forward, her brow furrowed in concentration, while scooter sat beside her, nodding in agreement with the proposed terms.
Across the table, Mr. Patel spoke up. "Mr. Thompson, we appreciate the studio's position, but we also want to ensure that Justin's contributions are appropriately recognized. While we understand the industry standards, we believe Justin's potential to elevate this project warrants consideration for a more favorable bonus structure tied to the film's success."
Mr. Thompson, representing the movie studio, listened intently, considering Mr. Patel's request. "We understand your perspective, Mr. Patel," he replied, "but we also need to ensure that the studio's investment is protected. Our initial offer reflects the standard terms for a lead actor in a production of this scale."
Pattie glanced at Justin, exchanging a worried look before turning back to the lawyers. "We appreciate your perspectives, gentlemen, but we also want to ensure that Justin's interests are prioritized. Is there any room for negotiation on the bonus structure, especially considering the potential success of the film?"
Mr. Patel nodded, acknowledging Pattie's concern. "We believe Justin's performance will be instrumental in the success of this film. If we could agree on a tiered bonus structure that aligns with the movie's box office performance, we believe it would be a win-win for both parties."
Mr. Thompson considered Mr. Patel's proposal before turning to confer with his colleagues from the movie studio. After a brief discussion, he turned back to the table with a thoughtful expression on his face.
"We've discussed your proposal, and we're willing to make a concession," he said. "In addition to the base salary of $150,000, we're prepared to offer Justin a tiered bonus structure tied to the film's box office performance. If the movie exceeds certain benchmarks, Justin will receive a percentage of the profits above and beyond his initial salary."
Pattie's eyes lit up with relief, and she exchanged a grateful glance with James. "Thank you, gentlemen. That sounds like a fair compromise," she said, her voice filled with gratitude.
Scooter nodded in agreement. "We appreciate your willingness to work with us on this," he added.
With the terms settled, both parties finalized the contract, sealing Justin's role in the film and paving the way for his journey into the world of Hollywood stardom.
Author note
This is very simple hope it's realistic as possible. If there's any mistake make sure to comment the mistake for me to correct the story. Support the story by giving power stone.
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