Producer Points Terms
By purchasing any tier that includes Producer Points, you are agreeing to the following terms.
1. What You Receive
You will receive a specific number of Producer Points in the film Honey Milk Biscuit, based on the tier you purchase.
If and when the film generates net revenue (i.e. revenue after production, marketing, and distribution costs), a portion of that revenue will be allocated to Producer Point holders.
You will be eligible for a proportional payout based on the number of points you hold relative to the total points issued.
If included in your tier, your name will appear in the film credits as a Producer Point Holder.
2. What Producer Points Are Not
Producer Points do not represent equity, shares, or ownership in the film or any associated entity.
They do not include any rights to vote on, manage, or influence the production, distribution, or financial decisions of the film.
This offering does not constitute a financial product, investment, or managed investment scheme under Australian law.
3. Payout Terms
A maximum of 70% of the film’s net revenue will be allocated to all Producer Points collectively. This cap ensures that a portion of revenue remains with the filmmakers and enables reinvestment into future work.
The number of total points issued may vary depending on how much is raised, and payouts (if any) will be calculated proportionally based on the number of points you hold relative to the total in circulation.
Payouts will only be issued if and when the film has generated sufficient net revenue after covering all production and release costs.
Contributors will be contacted at the email address provided at purchase if and when payouts are issued.
4. No Guarantees
There is no guarantee that the film will generate any revenue, or that any payouts will occur.
By purchasing a tier with Producer Points, you acknowledge that your contribution supports the creation of an independent film and is not a guaranteed financial return.
5. Legal and Tax
All Producer Points are recorded internally and will be tracked for potential future payouts.
Payouts (if applicable) will be issued via bank transfer or another reasonable method.
It is the contributor’s responsibility to provide accurate payment details when requested.
Any payouts received may have tax implications. Contributors are advised to seek independent tax advice.
6. Confirmation of Agreement
By completing your purchase of a tier that includes Producer Points, you confirm that you have read, understood, and agreed to these terms.