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Old 05-03-2017, 12:55 PM   #1
liverbird
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Join Date: Jan 2014
Posts: 66
Default Option agreements

Hi, all. i am expecting to received a contract soon for an option on my script. Since this is the first time this has happened to me I was hoping someone could help me out with what to expect. Does the option agreement include the amount or percentage you will get paid for the script once funded? I don't want to assume that I will get 2% of the budget. Also, should my payment be decided before I sign an option agreement in the event payment is not mentioned in the contract?
Thanks for any help. Totally new thing for me. I'm not sure if should have talked about payment when I spoke with the producer in the first place.
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Old 05-03-2017, 01:46 PM   #2
Done Deal Pro
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Default Re: Option agreements

Things should be pretty spelled out for both your sakes.

See example of Option Agreements on this page to get a little better idea of what you can expect or should expect to see:

http://www.donedealpro.com/members/l...ection _id=13
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Old 05-03-2017, 02:15 PM   #3
liverbird
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Default Re: Option agreements

Will. Thank you so much for the link. It is very helpful to me.
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