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LIFESTORYRIGHTSAGREEMENT

THIS AGREEMENT, effective as of _________, ____, is made by and between


________________[nameofproducer](Producer)whoseaddressis[PHYSICALADDRESS]
and________________[nameofowner](Owner)whoseaddressis[PHYSICALADDRESS]
concerningtheOwnerslifestory.Thefollowingtermsandconditionsshallapply:
1.DEFINITIONOFLIFESTORY:ForpurposesofthisAgreement,LifeStoryshallmean
the irrevocable, exclusive, perpetual and universal rights to use Owners name, likeness,
sobriquet,voice,andbiography;depict,portray,impersonateorsimulateOwnerinanyway
whatsoever,andmakeuseofalltheincidentsofOwnerslifepreceding,surrounding,following
andotherwiseinanywayrelatingtoincidentsabouttheOwnerslifethattheProducerdeemsin
itssolediscretionnecessaryorappropriatetoproduceoneormoremotionpictures,whether
whollyorpartiallyfactualorfictional;anduseanyandallinformationandmaterialsinOwners
possessionorunderOwnerscontrol,whichOwnershall,atProducersrequest,discloseand
providetoProducerfreely,completelyandcandidly,insuchformsas,withoutlimitation,copies
ofanynewspapersormagazineclippings,photographs,transcripts,journals,notes,recordings,
home movies, videotapes or other physical materials relating to Owners life story and all
Ownersthoughts,observations,recollections,reactionsandexperiencessurrounding,arisingout
of,orconcerningallthoseevents,circumstancesandactivitiesrelatingtoOwnerslifestory(all
theaforementionedrightshereinaftercollectivelyreferredtoasLifeStory).
2.GRANTOFOPTION: Inconsiderationofthemutualpromisescontainedherein,andthe
payment to Owner of ____________ ($___), receipt and sufficiency of which is hereby
acknowledged,Ownerherebygrants toProducerfortwelve(12)monthsfromandafterthe
effectivedateofthisAgreement(theOptionPeriod)theexclusive,irrevocablerightandoption
(theOption)toacquiretheexclusiverightsassetforthinparagraph5inandtotheLifeStory,
asdefinedabove.
3.EXTENSION/EXERCISEOFOPTION:ProducershallhavetherighttoextendtheOption
Period for one (1) period of twelve (12) months by sending notice to Owner prior to the
expirationofthepreviousperiod,alongwithanadditionalpaymentof_____________($____).
ProducermayexercisethisOptionatanytimeduringtheOptionPeriod,asitmaybeextended,
bygivingwrittennoticeofsuchexercisetoOwner.ThesumspaidunderthisAgreement,with
respecttotheinitialandextendedOptionPeriod,shallbecreditedagainstthefirstsumspayable
ascompensationunderthetermsoftheCompensationclausebelow.IfProducerfailstoexercise
thisOption,thenthesumspaidtoOwnerhereundershallbeandremainthesolepropertyof
Owner.
4.PENDINGEXERCISEOFOPTION:Producershallhavetherighttopreparescreenplays,
budgets,teleplays,treatmentsorothermaterial,andengageinothercustomarydevelopmentand
preproductionactivities.ItisunderstoodthatiftheOptionisnotexercised,Producershallhave
nofurtherrightinandtotheLifeStory,butProducershallownallrightsofeverykindinandto
materialProducerprepared.

5.RIGHTSGRANTED:
(a)

UponexerciseoftheOptionbyProducer,ProducershallacquireandOwnershall
be deemed to have assigned, conveyed, sold and transferred to Producer all
motionpicture,television,homevideo,allied,subsidiaryandancillaryrightsin
andtotheLifeStoryforusebyProducer,andProducerssuccessorsandassigns,
throughout the world and in perpetuity, including, without limitation, the
followingrights:
1)

therighttodeveloponeormorescriptsbasedontheLifeStory;

2)

therighttomakeoneormoremotionpicturesbasedontheLifeStory,any
part thereof or any sequences or characters therein (including, without
limitation, theatrical productions, television series, and madefor
televisionmoviesandmadeforhomevideoproductions);

3)

the right to distribute, exhibit and otherwise exploit any such motion
picturesinanyandallmediaandbyanymeansnowknownorhereafter
devised, including, without limitation, all forms of theatrical and non
theatricaldistributionandexhibition(including,withoutlimitation,free
broadcast,paytelevision,cable,subscriptionandpayperview);

4)

the right to manufacture, distribute and otherwise exploit all forms of


videocassettes,videodiscsandsimilardevicesofanysuchmotionpictures
and to combine such motion pictures with other programs on such
videocassettes,videodiscsandsimilardevices;

5)

therighttomakechangestotheLifeStory,tocreatefictionalepisodes,
charactersand/ordialoguefordramaticpurposes,andtouseanyportionor
portionsoftheLifeStoryforanypurposeofthisAgreement;

6)

therighttoeditandalteranymotionpicturesbasedontheLifeStoryand
tomakeforeignversionsthereof;

7)

therighttopublicize,advertiseorotherwisepromoteanysuchmotion
picturesandinconnectiontherewithtoprepareandusesynopses(notto
exceed7,500wordseach)oftheLifeStory;

8)

the soundtrack recording, music publishing, legitimate stage, live


television,radiobroadcastingandmerchandisingrightstotheLifeStory,
toanysuchmotionpicturesbasedthereonandtoanyofthecharacters
containedtherein;

9)

therighttomakeremakesandsequelstoanysuchmotionpictures;

(b)

10)

therighttocopyrightanysuchmotionpictures,soundrecordings,musical
compositionsandallothercopyrightableworksbasedonorderivedfrom
the Life Storyand to secure copyright and trademark protection to all
worksbasedonorderivedfromtheLifeStory;and

11)

therighttosublicenseorauthorizeotherstoexerciseanyoftheforegoing
rights,subjecttoProducersobligationshereunderprovided.

Notwithstandinganythingcontainedinthisclausetothecontrary,itisProducers
intentiontoportrayOwnersandOwnersLifeStoryasfactuallyaspossiblewith
theunderstandingthatProducerhastherighttodeviatefromthefactsoftheLife
Storyinordertoenhancethedramaticvalue.Ownershallbeentitledtoreview
andbeconsultedonthefinalshootingscriptsofthemotionpicturesproduced
hereunder,itbeingunderstoodthatfurtherchangestosuchfinalshootingscripts
may be made by Producer. No approval rights are granted whatsoever in
connectionwithanyscriptscreatedormotionpicturesproducedhereunder,which
rightsshallbeheldsolelyandexclusivelybyProducerandshallinclude,without
limitation,controloveralldramaticelementsofsaidscriptsandmotionpictures.

6.RESERVEDRIGHTS:TheOwnerspecificallyreservesliterarypublishingrightstotheLife
Story (other than literary publishing rights of up to 10,000 words for use by Producer in
advertisinganymotionpicturebasedontheLifeStory).However,ifProducerproducesamovie
hereunderandifOwnerwritesabook,Producerownsallmotionpicturerightsinthebook
withoutfurtherpayments.
7.WAIVER:Ownerherebywaivesandrelinquishesanyrightsorremediesatlaw,inequityor
otherwise,andfurtherreleasesProducerandProducersemployees,agents,successors,licensees
andassignsfrom,andcovenantsnottosueProducer,oranyofthem,withrespecttoanyclaim,
causeofaction,liabilityordamagesofanynaturewhatsoeverarisingoutoforinconnection
withtheexerciseofanyoftherightshereingrantedtoProducer.Suchliabilitiesinclude,without
limitation, defamation, libel, slander, false light, false advertising, intentional or negligent
inflictionofmentaldistressorinvasionorappropriationofanyrightofprivacyorpublicityin
anyjurisdiction.ThesewaiversareherebymadebyOwner,bothonOwnersbehalfandon
behalfofOwnersnextofkin.
8. CONSULTING SERVICES: Owner shall be available to Producer as consultant in
connectionwiththefirstmotionpictureproducedhereunderatmutuallyconvenientplaces,dates
andtimes,toprovideProducerwithinformationandmaterialsregardingtheLifeStoryandto
assistProducerinobtainingreleasesfromanypersonsdesignatedbyProducer.Suchconsultation
will involve, among other things, cooperation with Producer and any writers employed by
ProducerorProducersassignsinconnectionwiththewritingoftheteleplayorotherformsof
adaptationoftheLifeStory.Ownershallbeentitledtocompensationfortheaboveemployment
in the amount of ten thousand dollars ($10,000), payable upon commencement of principal
photographyofsaidmotionpicture.

9.COMPENSATION:Asfullconsideration forallrights,licenses, privileges,waivers and


propertyhereingranted,andforallwarranties,representationsandcovenantshereinmadeby
Owner,ProduceragreestopayOwnerasfollows:
(a)

GuaranteedCompensation:Anamountequalto[1%2%]ofthefinallocked
budget of the picture (excluding interest, book completion, bond, and
contingency)withaflooroffiftythousanddollars($50,000)andacapofone
hundred and fifty thousand dollars ($150,000), payable upon the earlier of
exerciseoftheOptionorcommencementofprincipalphotographyofthefirst
motionpictureproducedhereunder.

(b)

RemakesandSequels:IntheeventProducer,orasuccessorininterest,produces
anysequeland/orremakefeaturemotionpicturebasedonthefirstmotionpicture
producedhereunder,Ownerwillbepaidanamountequaltofiftypercent(50%)
oftheamountspayabletoOwnerpursuanttotheparagraphaboveinconnection
witheachsuchsequeland/orremake.

10.CREDITS:TheOwnershallbeentitledtoreceivethefollowingscreencreditinthemain
titles of any and all motion pictures produced hereunder: Based on the life of
________________.Ownershallbeentitledtoanendrollscreencreditinconnectionwith
consultingservicesperformedhereunder,theformandplacementofwhichshallbeatProducers
discretion.InadvertentfailurebyProducertocomplywiththesecreditprovisionsshallnotbe
deemedabreachofthisAgreement.Withinareasonabletimeafterreceiptofwrittennoticefrom
OwnerspecifyingafailuretoaccordpropercreditinaccordancewiththisParagraph,Producer
shallusegoodfaitheffortstocureprospectivelyanysuchfailurewithregardtopositiveprints
and/oradvertisingmaterialscreatedafterthedateofProducersreceiptofsuchnotice.Producer
willcontractuallyobligatethirdpartylicenseesandsubdistributorswithwhomProducerisin
privity of contract to comply with the credit obligations set forth herein, but shall not be
responsibleorliabletoOwnerforthefailureofanysuchthirdpartytocomplywiththesame.
11.REPRESENTATIONANDWARRANTIES
(a)

Ownerhastheright,authorityandlegalcapacitytogranttherightsgrantedto
Producerherein;and

(b)

OwnershallnotexploittheLifeStoryinamannerinconsistentwiththetermsof
thisAgreement,specifically,tonotsell,license,exploitortransferanyrightsin
theLifeStory.

12.REMEDIES:Ownerrecognizesandconfirmsthatintheeventofafailureoromissionby
ProducerconstitutingabreachofitsobligationsunderthisAgreement,whetherornotmaterial,
thedamage,ifany,causedOwnerisnotirreparableorsufficienttoentitleOwnertoinjunctiveor
otherequitablerelief.Consequently,Ownersrightsandremediesshallbelimitedtotheright,if
any,toobtaindamagesatlawandOwnershallnothaveanyrightinsucheventtoterminateor
rescindthisAgreementoranyoftherightsgrantedtoProducerhereunderortoenjoinorrestrain

thedevelopment,production,advertising,promotion,distribution,exhibitionorexploitationof
thePictureand/oranyofProducersrightspursuanttothisAgreement.
13.MISCELLANEOUS:
(a)

Arbitration.DisputesunderthisAgreementshallbesettledpursuanttobinding
arbitration under the rules of the Independent Film and Television Alliance
(IFTA)in[STATE].Theprevailingpartywillbeentitledtoreasonableattorney
feesandcosts.

(b)

Indemnification.OwnershallindemnifyanddefendProducerfromandagainst
anyandallclaimsanddamagesarisingfromthebreachofanyrepresentationor
warrantyofOwnerhereundertotheextentsuchclaimordamagedoesnotarise
out of a breach by Producer hereunder. Producer shall indemnify and defend
Owner from and against any and all claims and damages arising from the
production,distribution,exhibitionorexploitationofthePicture,oranyelement
thereof,totheextentsuchclaimordamagedoesnotariseoutofabreachby
Ownerhereunder.

(c)

Accounting.Produceragreestokeepandmaintaincompleteandaccuratebooks
andrecordsrelatingtothePictureandtheproceedsderivedtherefrom.

(d)

Assignment.Ownermaynotassignitsrightsorobligationshereunder.Producer
mayfreelyassignitsrightsandobligationshereunder.

(e)

Choice of Law. This Agreement shall be governed by and construed in


accordancewiththelawsoftheStateof[STATE].

(f)

Notices.AllnoticesunderthisAgreementshallbeinwritingaddressedtothe
addresses first set forth above, or at such other address as either party may
designatefromtimetotimebywrittennoticetotheother.Allnoticesshallbe
served byfacsimile andUS mail, electronic mail, recognized courier services
such as Federal Express or DHL or personal delivery addressed as specified
above.Thedateofreceiptbyfacsimile,electronicmailorcourier,asthecasemay
be,shallbethedateofserviceofnotice.

(g)

Thisagreementmaybesignedincounterparts.Facsimileandscannedcopiesshall
bedeemedoriginalsforallpurposes.

(h)

Further Documents. Owner agrees to execute, acknowledge, and deliver to


Producerandtoprocuretheexecution,acknowledgment,anddeliverytoProducer
ofanyadditionaldocumentsorinstrumentsthatProducermayreasonablyrequire
toeffectuatefullyandcarryouttheintentandpurposesofthisAgreement.If
Ownershallfailtoexecuteanddeliveranysuchdocumentsorotherinstruments,
within ten (10) calendar days after such documents are delivered to Owner,

Producershallbedeemedtobe,andOwnerirrevocablyappointsProducer,the
trueandlawfulattorneyinfactofOwner,toexecuteanddeliveranyandallsuch
documentsandotherinstrumentsinthenameofOwner,whichrightiscoupled
withaninterest.
(i)

ThisAgreementconstitutestheentireagreementbetweenthepartiesheretowith
respecttoallofthemattershereinanditsexecutionhasnotbeeninducedby,nor
doanyofthepartiesheretorelyuponorregardasmaterial,anyrepresentationsor
writing whatsoever not incorporated herein and made a part hereof. No
amendmentormodificationheretoshall bevalid unless setforthin awriting
signedbybothparties.

INWITNESSWHEREOFthepartiesheretohavecausedthisAgreementtobedulyexecuted
anddeliveredasofthedayandyearfirstabovewritten.
PRODUCER

OWNER

______________________

______________________

By:___________________

SSN:__________________

Its:ManagingMember