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WGA-STYLE TELEVISION LITERARY OPTION, DEVELOPMENT AND PURCHASE AGREEMENT(WRITER-ENHANCED / INDUSTRY STANDARD INTEGRATED VERSION)This Agreement is made as of __________ (“Effective Date”) by and between: Writer: ____________________ (“Writer”) and Producer / Studio: ____________________ (“Producer”) 1. MATERIAL & OWNERSHIPWriter is the sole author and copyright holder of the original literary property: Title: ____________________ (“Property”) All rights not expressly granted are reserved by Writer. 2. OPTION GRANT (STANDARD INDUSTRY STRUCTURE)Writer grants Producer an exclusive option to develop and purchase television rights. Includes:
❗No transfer of copyright occurs at option stage. Option Term
3. OPTION PAYMENT (STAGE 1)Option Fee: USD $ __________ (blank) Payment structure:
All payments via international wire transfer (SWIFT). 4. DEVELOPMENT AGREEMENT (WGA-STYLE STRUCTURE)Producer may request:
Writer shall be considered Lead Writer unless otherwise agreed in writing. Development FeesProducer shall pay separately for each writing service:
❗No unpaid writing services shall be required. 5. PURCHASE OF RIGHTS (OPTION EXERCISE)If Producer exercises the option: Purchase Price: USD $ __________ (blank) Payment schedule:
6. WRITER CREDIT (WGA CORE STANDARD)Writer shall receive credit consistent with WGA Credit Determination Procedures: Mandatory credits:
Credit shall not be:
7. WGA SEPARATED RIGHTS (ENHANCED WRITER CONTROL)Writer retains Separated Rights consistent with WGA principles, including:
8. WRITER PARTICIPATION (ENHANCED PROFIT SHARE)🎯 5% Gross Revenue Participation (Key Clause)Writer shall receive:
Includes:
❗Gross means: 9. SEQUEL / SERIES CONTROL RIGHTS (VERY STRONG CLAUSE)Writer retains First Negotiation + Consultation Rights for:
Restrictions:Producer may not proceed unless:
10. MERCHANDISING & ANCILLARY RIGHTSWriter shall receive:
Applies to:
Quarterly accounting required. 11. RESIDUAL-LIKE PAYMENTS (INDUSTRY ALIGNMENT)Although non-union production may differ, Producer agrees to:
12. CROSS-BORDER PAYMENT TERMSAll payments in USD via international wire transfer. Producer bears:
Payment is complete only upon cleared funds. 13. CREATIVE CONSULTATION RIGHTSWriter shall have:
14. REVERSION RIGHTS (STRONG WRITER PROTECTION)If:
Then:
15. TERMINATION (WRITER PROTECTION CLAUSE)If Producer breaches payment obligations:
16. WARRANTIESWriter:
Producer:
17. ARBITRATION / GOVERNING LAW (WGA-LIKE STRUCTURE)Disputes shall be resolved via:
18. ENTIRE AGREEMENTThis Agreement supersedes all prior discussions. SIGNATURESWriter: ____________________ Producer: ____________________ |
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