This sample Option and Purchase Agreement is designed to be used where a film maker wishes to secure the exclusive rights to develop a book, play or other existing work into a film (Option Agreement). It also contains a separate Purchase Agreement used for the actual purchase of the rights upon exercise of the option.
Both sample agreements include the most common terms that the parties need to consider and agree to, and are drafted on the premise that the author of the book, play or other work is the owner of the copyright in that work.
This agreement can also be purchased as part of the Film/Video Sample Agreements Packs – Option A (Low Budget) or Option B (No Budget) for a discounted price.
