The Film Option Purchase Agreement allows a filmmaker or producer to Option the rights in a book, magazine article, or another set of rights for a certain amount of time, and then if they actually want to make the film purchase the rights.
This Agreement is a legal document that details the terms and conditions between a Purchaser and an Owner.
It covers the essential elements of the relationship such as:
- Date of Recording
- Ownership Rights
- Release Date
- Name of Film
- Use Rights of Recording
- And More.
What is it?
The Film Option Purchase Agreement covers the essential contract terms between a Purchaser and an Owner.
This standard Film contract covers:
- The Start Date of the Agreement
- The name of the Film
- The Release of Rights by the Owner
- The Use Rights of the Recording, including promotion and advertising rights.
- The Rights and Responsibilities of the Parties
- Work-For-Hire Language
- The transfer of intellectual property rights to Purchaser
- Alternative Dispute Resolution Issues, including Venue & Choice of Law
How does it work?
Use this document to explain the relationship between a Purchaser and an Owner.
Some things needed to build your custom Film Option Purchase Agreement:
- Names of the Parties
- Addresses of the Parties
- Emails of the Parties
- Name of the Podcast Production
- Dates of Recording
- State for Venue and Choice Provisions
Once you have completed drafting the Film Option Purchase Agreement, you will be able to save to edit further, download a PDF or send to the other party for electronic signature.
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