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1、OPTIONAGREEMENTNEWZEALANDWRITERSGUILDINC.inassociationwiththeSCREENPRODUCERSANDDIRECTORSASSOCIATIONINDEXBACKGROUND1.DEFINITIONSANDINTERPRETATION2.GRANTOFOPTION3.DURATIONOFOPTION4.EXERCISEOFOPTION5.EXPIRYOFOPTION6.WARRANTIES7.CONFIDENTIALITY8.ASSIGNMENTOFRIGHTSBYPRODUCER9.F
2、URTHERDOCUMENTATION10.MISCELLANEOUSSCHEDULEANNEXUREADISCLAIMER:Thisdocumentisgenericandintendedasaguideonly.NeithertheNewZealandWritersGuildnorSPADAshallhaveanyliabilitytoanypartyusingthedocument.Itisstronglyrecommendedthatlegaladvicebesoughtinallcases.9ãNewZealandWritersG
3、uild2001THISAGREEMENTdatedthisdayof,20.PARTIES1.__________________________________________("theAuthor")2.__________________________________________("theProducer")BACKGROUNDA.TheAuthorhaswrittenand/orcreatedtheWork.B.TheProducerwishes:·toobtainanexclusiveoptionovercertainsp
4、ecifiedrightstotheWork;and·ifitchooses,toexercisetheOption;and·tobeentitledtodeveloptheWorktotheextentnecessarytoenableittoapplytofundingbodiesforfundingofaproductionversionoftheWork;and·tobeentitledtosoapplytofundingbodies.C.TheAuthorhasagreedtogranttheProducersuchrightss
5、ubjecttothetermsandconditionssetoutinthisAgreement.THEPARTIESAGREEASFOLLOWS1.DEFINITIONSANDINTERPRETATION1.1Definitions:InthisAgreementthefollowingtermsshallhavethemeaningsspecified:DevelopmentWorkmeansthepreparationofsuchstorylines,scenarios,scripts,screenplays,presentati
6、ons,treatmentsandotheradaptationsoftheWorkasarereasonablynecessaryinordertoproducetheRevisedWorkandmayextendtoadding,deletingorotherwisealteringthetitle,characters,plots,theme,dialogue,sequences,situations,orstorylineoftheWork.InitialFeemeansthefeepayableinconsiderationfor
7、theOptionassetoutinpart2oftheSchedule.InitialPeriodmeanstheperiodsetoutinpart3oftheSchedule.OptionmeansthesoleandexclusiveoptiontoacquiretherightsintheWork,assetoutinthedefinitionof‘Rights’containedinthePurchaseAgreement,inaccordancewiththetermsandconditionscontainedintheP
8、urchaseAgreement.9ãNewZealandWritersGuild2001PurchaseAgreementmeansthedraftPurchaseAgreem