This Option Agreement to Develop Literary Material is between an author and a purchaser who will determine if author's material can be developed into a motion picture, television show or theatrical play. The purchaser will then have the option to develop the work for a predetermined fee.

This agreement sets forth the exact project for which the material will be developed and that the author is the sole author and owner of the literary material. In addition, this agreement contains provisions regarding consideration paid to the author, exercise of option and if additional writing will be necessary in order for the material to be developed and produced.

This Option Agreement to Develop Literary Material contains:

• Purpose: Specifies that purchaser will determine whether or not literary material can be developed into a film or theatrical or TV show;
• Author's Warranties: Author warrants that he/she is the sole owner of the material and whether the material has been copyrighted or in the process of copyright;
• Consideration: Sets forth the payment to the author and that purchaser is granted to exclusive right to ;purchase the rights in the material;
• Development: Purchaser may undertake preproduction in connection with the rights and shall be solely at the purchaser's expense;
• Signatures: Author and publisher must both sign this agreement.

Protect yourself and your rights by using our attorney-prepared forms.

This attorney-prepared packet contains:

1. General Information
2. Instructions and Checklist
3. Option Agreement to Develop Literary Material

State Law Compliance: This form complies with the laws of all states