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. Find out when and why it might make sense to have a work for hire agreement handy and download our free template.You might also have a separate Work for Hire agreement. Check out and download our free Work for Hire template here. 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. Evidence of Site Control. CEC Pre-Certification Obtained. National University is an accredited leader in over 190 flexible online bachelor's and graduate degree programs. Cardinal Health improves the cost-effectiveness of healthcare. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical area of the Santa Clara Valley.