"Letter of Intent" or "Letter of Interest" for an Actor

I am preparing an investment package for a 1 million dollar independent film. After negotiating with a few agencies, I got some actors to verbally agree, but the investors would like to see something in writing. After a couple of hours searching the internet for an Actor's "Letter of Intent" or "Letter of Interest" document, I decided to get some advice from a lawyer friend and create one. This is a non-binding agreement, but it shows your investors that there are people out there with serious interest in our project. Modify, update, use it for no charge, enjoy.

Letter of Interest 

Date:

From: (Producer)

Address:

To: (Actor)

Address:

Name __________ (hereinafter "Actor") hereby expresses interest in playing the role of “Character Name” in the film project of the working title “Film Title” under development by "Production Company LLC" (hereinafter "Producer") subject to Actor's availability and the future agreement to terms of employment between Actor and Producer. This letter does not bind either Producer or Actor to an employment contract, but grants Producer permission to use Actor's name and likeness in the pre-production development of this project and in seeking financing for this project, for a period not to exceed one year.