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Attach this 5-page Definition of Net Profits to a film distributor agreement to clearly define what each of the terms in the agreement means, with respect to receipts, expenses and profits. This exhibit can be appended to any film industry contract in which fees, royalties or other payments are calculated based on income derived from: license fees, residuals, distribution fees, theatrical and/or non-theatrical receipts, television and video receipts, and other income from the film (except for excluded income), net of any distribution expenses, taxes, and other costs. This Definition of Net Profits for Film Distribution Agreements template is provided in MS Word format, and can be edited as required to fit your specific circumstances.