The Life Rights Option Agreement defines the terms and conditions under which a producer options a Life Story property to develop into a film project and then defines the terms of purchase if greenlit.
This is a legal document that details the terms and conditions between a Purchaser and the Owner of the Rights.
It covers the essential elements of the relationship such as:

  • Date of Recording
  • Ownership Rights
  • Release Date
  • Name of Film Production
  • Use Rights of Recording
  • And More.

This fully customizable agreement gives you the ability to define the option period, compensation terms as well as purchase price, and more.

Creating a contract ensures that the parties making the agreement will have all the proper terms and conditions laid out in advance of the engagement.

Other names for this Document:

Life Story Option Agreement, Life Story Agreement, Life Rights Option Contract, Life Story Option Contract, Life Rights Option Agreement Template, Life Rights Agreement.

Approximate time to complete contract:  6-7 Minutes

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What is it?

The Life Rights Option Agreement covers the essential contract terms between a Purchaser and the Owner of the Rights.
 
This standard Film legal contract covers:
 

  • The Start Date of the Agreement
  • The name of the Film Production
  • The Release of Rights
  • The Use Rights of the Recording, including promotion and advertising rights.
  • The Rights and Responsibilities of the Parties
  • Work-For-Hire Language
  • Alternative Dispute Resolution Issues, including Venue & Choice of Law

How does it work?

Use this document to explain the relationship between a Purchaser and the Owner of the Rights.
 
Some things needed to build your custom Life Rights Option Agreement:
 

  • Names of the Parties
  • Addresses of the Parties
  • Emails of the Parties
  • Name of the Film Production
  • Dates of Recording
  • State for Venue and Choice Provisions

 
Once you have completed drafting the Life Rights Option Agreement, you will be able to save to edit further, download a PDF or send it to the other party for electronic signature.
 
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