Script Option Agreement Template
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1Script Option Agreement
I, __________________, (hereinafter referred to as "Writer") on ______, 20__, do agree to sell to
(hereinafter referred to as "Producer") the option to my writing, ______________________, for
production into a motion picture film. Writer further certifies that he/she has not entered
into any other such agreement with any other party that will infringe upon the rights
hereto granted to ______________________ by the terms of this agreement. Writer also
acknowledges as fact that, until setting his/her pen to this agreement, that he/she
controls the full rights to ___________________ and does not share control or obligation with
any other party. Writer agrees that the final script used in the production of the film will
be a collaboration between ______________ and himself, with [NAME] exercising final editing
rights. The title credit that will appear in the film shall read "______________________________” a
s
creenplay by ___________________" and it is further agreed upon that a separate credit in the
film shall read "Original story by ____________."
Producer agrees to pay $____________________ per year for ___ years for this option and
$______________ after principal photography is completed as a salary for the scripting. After
the $____________________ payment, the option payments of $__________ per year will terminate.
If principal photography is not completed within _______________ years from ____________, full
rights to ___________ revert to ______________. If the final budget for the film exceeds
$
__________________, then Producer agrees to pay Writer ___% of the total budget up to a total
of $_______________ for his writing and scripting.
Producer, with his/her signature below, also agrees to pay Writer ___% of the profits
above expenses for his services of writing and scripting of the film (if __________________ is
the producer), an amount not to exceed $_____________. Producer and Wrtier acknowledge
t
hat if the film does not generate a profit above expenses within five years from the close
of production that Producer is relieved of any financial obligation to Writer
It is further understood that with the signatures below, Producer has purchased the right
to direct, film, edit, produce, and promote the film tentatively entitled _______________
w
ithout any restriction whatsoever as long as Producer fulfills the contractual obligations
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greed hereto.
_
________
________________
_
____________
____________
[DATE]
[WRITER]
_
_____________
___________
_
________
________________
[WITNESS]
[DATE]
_________
________________
________________
_________
[DATE]
[FULLNAME]
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