Option Agreement for Rights to Unpublished Screenplay

Film producers, secure worldwide motion picture, exploitation and merchandising rights to an original screenplay from the screenwriter with this Option Agreement for Rights to Unpublished Screenplay.

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.

This Option Agreement for Rights to Unpublished Screenplay template is provided in MS Word format, and is fully editable to fit your particular circumstances.