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Printable PDF verion - Writers Guild of Canada

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to the date <strong>of</strong> such termination by the <strong>Guild</strong>, subject to paragraph 4herein.6. If the <strong>Guild</strong> terminates this Agreement pursuant to paragraph 3 herein,Producer shall, within forty-eight (48) hours <strong>of</strong> receipt <strong>of</strong> written notice<strong>of</strong> such termination, post security in the form <strong>of</strong> a cash deposit orletter(s) <strong>of</strong> credit in accordance with Article A10 <strong>of</strong> the IPA. If there isany dispute as to the amount owing by the Producer, or whether anyamount is owing at all, Producer will nevertheless pay the sum set out insuch notice to the <strong>Guild</strong> in trust, and the <strong>Guild</strong> will hold such sum intrust in an interest bearing account. Immediately upon such disputebeing resolved, the <strong>Guild</strong> will refund to Producer any sums determinedto be in excess <strong>of</strong> what was owing by the Producer, along with accruedinterest.IN WITNESS WHEREOF the parties hereto have executed this Agreementas <strong>of</strong> the date hereinabove firstly mentioned.(Producer)____________________________Per(Guarantor)_________________________Per<strong>Writers</strong> <strong>Guild</strong> <strong>of</strong> <strong>Canada</strong>____________________________________Per____________________________________(Print or type name <strong>of</strong> Authorized Signatory)232

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