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    Option Agreement for Rights to Original Screenplay

    $29.99

    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.
    Download Type: Microsoft Word
    Last Updated: 11-April-2022
    SKU: 7151
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    Definition of Net Profits (Film Distribution)

    $12.49

    This is a 5-page schedule that defines and clarifies what constitutes net profits, receipts, and expenses in a film distribution agreement.

    This schedule can be attached to any film industry contract in which fees, royalties and other payments are calculated based on income derived from:
    • license fees,
    • residuals,
    • distribution fees,
    • theatrical and/or non-theatrical receipts,
    • television and video receipts,
    • other income from the film except for excluded items and net of any distribution expenses, taxes, and other costs.

    The Definition of Net Profits template is provided in MS Word format, and can be customized for your film distribution contract.