Connecticut Option and Acquisition Agreement in Literary Work along with Motion Picture Rights, Television, Video and Electronic Reproduction and Distribution Rights

Category:
State:
Multi-State
Control #:
US-03466BG
Format:
Word; 
Rich Text
Instant download

Description

An option contract is a contract that gives the right to one party to enter into a second contract with the other party at a later date. In this type of contract, the prospective purchaser will be granted an option to purchase the property within a specified period of time. The prospective purchaser will pay the owner a sum of money since the owner is, in effect, taking the property off the market during the option period. If the prospective purchaser exercises his option during that time, a second contract is entered into regarding the sale of the property. If the option period expires, then neither party has any obligation to the other. The money paid to the owner for the option is retained by the owner.


The word copyright can be defined as a property right in an original work of authorship (such as a literary, musical, artistic, photographic, or film work) fixed in any tangible medium of expression, giving the holder the exclusive right to reproduce, adapt, distribute, perform, and display the work. Copyright protection may be received regarding a wide range of creative, intellectual, or artistic forms or works. These include poems, plays, and other literary works, movies, choreographic works (dances, ballets, etc.), musical compositions, audio recordings, paintings, drawings, sculptures, photographs, radio and television broadcasts. The creator of the work has a limited monopoly on the work and can, with some exceptions, prohibit others from copying or displaying the work. The United States copyright law is contained in Chapters 1 through 8 and 10 through 12 of Title 17 of the United States Code.


A copyright is obtained simply by creating the work. It comes into existence automatically on the date it is created. However, in order to get federal protection of a copyright, the creator of the work has to file two copies of the work with the Copyright Office in Washington, D.C.


Copyright law is designed to create an incentive for creativity by allowing the author to profit from his work. The Act tries to balance this need to protect the author with the publics need for free and open discussion. A copyright owner has the exclusive right to:

" reproduce the work;

" prepare derivative works, such as a script from the original work (e.g., movie script for Book The Rainmaker);

" distribute copies or recordings of the work; and

" publicly display the work in the case of paintings, sculptures and photographs.


Free preview
  • Preview Option and Acquisition Agreement in Literary Work along with Motion Picture Rights, Television, Video and Electronic Reproduction and Distribution Rights
  • Preview Option and Acquisition Agreement in Literary Work along with Motion Picture Rights, Television, Video and Electronic Reproduction and Distribution Rights
  • Preview Option and Acquisition Agreement in Literary Work along with Motion Picture Rights, Television, Video and Electronic Reproduction and Distribution Rights
  • Preview Option and Acquisition Agreement in Literary Work along with Motion Picture Rights, Television, Video and Electronic Reproduction and Distribution Rights
  • Preview Option and Acquisition Agreement in Literary Work along with Motion Picture Rights, Television, Video and Electronic Reproduction and Distribution Rights
  • Preview Option and Acquisition Agreement in Literary Work along with Motion Picture Rights, Television, Video and Electronic Reproduction and Distribution Rights
  • Preview Option and Acquisition Agreement in Literary Work along with Motion Picture Rights, Television, Video and Electronic Reproduction and Distribution Rights
  • Preview Option and Acquisition Agreement in Literary Work along with Motion Picture Rights, Television, Video and Electronic Reproduction and Distribution Rights
  • Preview Option and Acquisition Agreement in Literary Work along with Motion Picture Rights, Television, Video and Electronic Reproduction and Distribution Rights
  • Preview Option and Acquisition Agreement in Literary Work along with Motion Picture Rights, Television, Video and Electronic Reproduction and Distribution Rights
  • Preview Option and Acquisition Agreement in Literary Work along with Motion Picture Rights, Television, Video and Electronic Reproduction and Distribution Rights

How to fill out Option And Acquisition Agreement In Literary Work Along With Motion Picture Rights, Television, Video And Electronic Reproduction And Distribution Rights?

Are you currently in the position in which you require paperwork for either business or specific reasons virtually every day? There are a lot of authorized document web templates accessible on the Internet, but locating ones you can rely is not straightforward. US Legal Forms provides 1000s of develop web templates, much like the Connecticut Option and Acquisition Agreement in Literary Work along with Motion Picture Rights, Television, Video and Electronic Reproduction and Distribution Rights, which are written to fulfill state and federal needs.

When you are already knowledgeable about US Legal Forms site and possess an account, just log in. Afterward, you may down load the Connecticut Option and Acquisition Agreement in Literary Work along with Motion Picture Rights, Television, Video and Electronic Reproduction and Distribution Rights design.

Should you not come with an bank account and would like to begin to use US Legal Forms, abide by these steps:

  1. Obtain the develop you want and ensure it is for the appropriate city/area.
  2. Make use of the Preview switch to analyze the form.
  3. Browse the explanation to actually have chosen the right develop.
  4. If the develop is not what you are looking for, take advantage of the Search industry to get the develop that meets your requirements and needs.
  5. When you discover the appropriate develop, click on Acquire now.
  6. Opt for the costs strategy you would like, fill out the necessary details to produce your money, and purchase the transaction using your PayPal or bank card.
  7. Pick a hassle-free file structure and down load your backup.

Locate all of the document web templates you possess purchased in the My Forms food list. You can aquire a more backup of Connecticut Option and Acquisition Agreement in Literary Work along with Motion Picture Rights, Television, Video and Electronic Reproduction and Distribution Rights any time, if needed. Just go through the essential develop to down load or print out the document design.

Use US Legal Forms, by far the most comprehensive variety of authorized forms, to save some time and avoid faults. The services provides skillfully created authorized document web templates that you can use for an array of reasons. Create an account on US Legal Forms and commence making your life easier.

Form popularity

FAQ

As a rule of thumb options are often 10% of the full purchase price, but the amount is negotiable. Sometimes sellers are willing to give a "free" option or an option for a nominal sum (e.g., "for ten dollars").

Key Takeaways. An options contract is an agreement between two parties to facilitate a potential transaction involving an asset at a preset price and date. Call options can be purchased as a leveraged bet on the appreciation of an asset, while put options are purchased to profit from price declines.

A short note explaining option and ?shopping? agreements for film and TV projects. An 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.

Option agreements typically last for a defined period, with the producer having the option to extend the deal if necessary. On the other hand, shopping agreements do not have a set end date and may continue until the project is sold or the parties decide to terminate the contract.

The parties to a shopping agreement do not pay or receive compensation unless the producer succeeds. This type of contract is beneficial to producers because they can attach themselves to a project without risking any money.

? - A shopping agreement is a form of matchmaking, in which someone acts as an artist's representative and solicits or shops the artist's recordings to a music label.

Holders of share purchase rights may or may not buy an agreed number of shares of stock at a pre-determined price, but only if they are an existing stockholder. Options, on the other hand, are the right to buy or sell stocks at a pre-set price called the strike price.

The literary option and purchase agreement (the ?Agreement?) gives a producer, production company or studio the right to shop, package, set up, or produce a film based upon the screenplay or book (the ?literary property?) that is the subject matter of the Agreement.

Trusted and secure by over 3 million people of the world’s leading companies

Connecticut Option and Acquisition Agreement in Literary Work along with Motion Picture Rights, Television, Video and Electronic Reproduction and Distribution Rights