Bonds

ADC's Independent and Dance standard contract contains a clause requiring that the signing producer submit a bond to ADC. The bond is 34% of the design fee, but it is free to the designer to negotiate a higher bond.

The bond is forwarded to ADC by the producer in the form of a certified cheque or money order. If you chose to require a bond from the signing producer it is your responsibility to ensure the bond is received by ADC. You may make it a condition of your contract that you will not commence work until the bond is submitted and received.

ADC holds the bond until the production closes and the designer has informed the office that all fees, royalties and other expenses have been paid. At this time ADC releases the bond back to the producer.