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  • Script Option Agreement - Sonnyboo.com

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, (hereinafter referred to as "Writer ") on , 20 , do agree to sell to. ( hereinafter referred to as "Producer ") the option to my writing,.

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How to fill out the Script Option Agreement - Sonnyboo.com online

Filling out the Script Option Agreement is an important step in the process of transferring your writing rights for a motion picture production. This guide provides easy-to-follow instructions for completing the form online, ensuring you understand each component of the agreement.

Follow the steps to complete the Script Option Agreement correctly.

  1. Press the ‘Get Form’ button to access the Script Option Agreement and open it in the designated online editor.
  2. In the first blank, write your name as the 'Writer'. This identifies you as the individual transferring the option for your writing.
  3. Fill in the date on which you are completing the agreement.
  4. Specify the title of the writing that you are selling the option for, ensuring it reflects the work intended for adaptation.
  5. In the next section, confirm that you have not entered into any other conflicting agreement by marking 'yes' or 'no' appropriately.
  6. Affirm your control over the rights to the writing by signing the declaration provided.
  7. Indicate who the 'Producer' is in the appropriate space.
  8. State the annual payment amount that the Producer agrees to pay you, as well as the duration of this payment.
  9. Complete the details regarding the payment to be made after principal photography, including the overall salary.
  10. Define what will happen if principal photography is not completed within the specified timeframe, ensuring all relevant time frames are filled.
  11. Fill in the budget cap and the percentage of the total budget you will receive if the film's budget exceeds that amount.
  12. Indicate the percentage of profits above expenses you will receive, if the Producer is also the individual managing finances.
  13. Finalize the document with all required signatures: include your signature, the Producer's signature, and any witness signatures, along with respective dates.
  14. Once you have filled out all sections and confirmed the accuracy of your inputs, save your changes. You may then download, print, or share the completed form as needed.

Complete your Script Option Agreement online today and secure your writing rights!

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In the film industry, an option agreement is a contract that "rents" the rights to a source material to a potential film producer. It grants the film producer the exclusive option, literally, to purchase rights to the source material if they live up to the terms of the contract and make a film (or series) from it.

When you option a script, a book, or some other piece of material, you're making a deal that says basically: I'll pay you X amount of dollars right now. In return, you promise that for a certain period of time (called the “option period”), you won't sell this (script/book/whatever) to anyone else.

Script coverage is essential for screenwriters who want their screenplay to be taken seriously. It's the process of having your script read and analyzed by a professional reader, who will then give you feedback about the strengths and weaknesses of your screenplay, as well as suggestions for how to improve it.

The Option Period stipulates the numbers of months the screenplay is optioned for. The Option Payment dictates what the screenwriter will be paid upfront for that option agreement.

The option price is the initial sum of money offered to acquire the rights and keep the screenplay off the market. This is traditionally 10% of the purchase price. You keep the option fee regardless of whether the interested party ultimately acquires the screenplay.

A screenplay option is contracted permission that gives interested parties exclusive development and shopping rights to your screenplay. It's the step before the actual acquisition of your script.

An option agreement (whether for life story or literary property) is an agreement whereby the purchaser (the Producer) pays a small amount of money so that the purchaser/producer may have the exclusive right to later purchase the movie rights associated with the life story or literary property.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232