A production services agreement is a contract used in the film and video industry to outline the rights and responsibilities of the parties involved. Find out when and why it might make sense to have a work for hire agreement handy and download our free template.An option and literary purchase agreement is a contract that allows film companies to gain the right to use a literary work's story to make a movie. Save time and money with PandaDoc. The Creators Legal Film Production contracts include everything a filmmaker needs! From Investment, Actor, Life Story Rights, Director Agreements and more! A film or TV option agreement is made between a writer and a producer and grants the producer an exclusive option to buy the rights in the writer's work. By continuing to use our services, you agree to the updated Privacy Policy and Terms of Use Agreement. Cookies Settings OK. Sign Up for Job Alerts.