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    Film Rights Acquisition Agreement


    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.
    Download Type: Microsoft Word
    Last Updated: 14-June-2022
    SKU: 7412