An Acting Contract is a legally binding document between an actor and a film production company or any other business related to the film industry. The contract outlines what role(s) the actor will play in a given project, and all the fees associated with it, including payment for copyright and residuals. It also covers potential disputes or termination of the contract. Most importantly, the contract is designed to protect both the actor and the company from any misunderstandings or breaches of trust during the business relationship. Acting Contracts are vital to ensure that everyone is on the same page and no one loses out in the process.