Option Agreement for Rights to Life Story

Secure your option for worldwide motion picture, exploitation and merchandising rights to an original screenplay from the screenwriter with this Option Agreement template.

• The writer grants the producer an exclusive and irrevocable option to purchase the rights to the work.
• The producer has the right to make sequels, prequels, remakes and TV series based on the work, for which the writer will be paid a percentage of the net profits.
• The file includes a Short Form Option Agreement for recording at the Copyright Office, and a Short Form Copyright Assignment.
• Also included is a Quitclaim Release of Interest in Literary Property.
• Available in MS Word format.

Secure the exclusive perpetual worldwide rights to depict a person's likeness, voice, personal experiences and life story in a film and/or television program with this Depiction Consent and Release.

• The producers agree to pay the person a specified amount when production commences on each project, and in the case of episodic television, a royalty for each episode.
• The form contains a reversion clause which states that if production has not begun within a certain time period, all of the rights granted will revert back to the person.
• The person releases the production company from any liability for claims, damages or legal actions for libel, defamation, copyright, invasion of privacy or any other right relating to the producer's use of the rights granted.
• The Depiction Consent and Release form is ideal for documentary films or for biographical film projects.
• This is a generic form which can be used anywhere.

Exercise your option to acquire the rights to an original screenplay with this Film Rights Acquisition Agreement.

• The option is being exercised by the film producer under the terms of a prior Option Agreement between the screenplay owner and the film producer.
• The screenplay owner grants the producer the right to produce a motion picture, adapt the work for the screen, record a sound track, assign or license the rights, exercise distribution rights, and make prequels and/or sequels using the same characters.
• The producer also has the right to register worldwide copyright with respect to all motion pictures and products created from the screenplay.
• The screenplay owner will receive payment of the exercise price and a percentage of net receipts as a royalty.
• If principal photography on a film treatment has not commenced within 5 years of the date of the Agreement, the owner has the right to re-acquire the rights to the screenplay (a right of reversion).
• The owner waives all moral rights in the screenplay.
• The owner will receive an author credit on every copy of the film and in all publicity and advertising.
• This is a downloadable and customizable digital document in MS Word format.

Have you found an investor to put production money into your feature film? Put it in writing with this Motion Picture Investor Financing Agreement.

• The investment funds will be paid into an escrow fund, to be released to the production company only after certain conditions have been met, including execution of the film completion guaranty.
• The investor will be repaid its investment amount, plus interest, from net profits of the film's domestic theatrical release. The investor will also participate in the net profits over and above its investment, up to a specified percentage.
• The investor will have approval rights with respect to the budget, casting, producer, director, and distribution of the film.

A movie will never get off the ground if you don't have the money to make it. Download the Motion Picture Investor Financing Agreement for your contracts library.

Protect your company's rights in technology developed by an employee with this Acknowledgement of Joint Ownership of Intellectual Property.

• If your employees are actively involved in the development and creation of intellectual property as a function of their job, they should sign an Acknowledgement of Joint Ownership form.
• The employee acknowledges that certain materials developed during the course of his or her employment are jointly owned by the employee and the employer, including any intellectual property rights in the materials.
• Failure to get it in writing could result in lengthy and expensive legal claims.
• The Acknowledgement form is generic (not specific to any country) and can be used anywhere.
• This is a reusable legal form. Buy it, download it, and use it as often as you need to.