Assignments of Rights Agreements
The Independent Filmmaker/Producer/Investor desires to use the Author’s Work (story, script, book rights etc.) in her/his Project. The Producer (Recipient of Rights/Assignee) will use this Agreement to transfer the Rights in the Work to her/him from the Author (Owner of the Rights/Assignor). This is called “assigning” your right to receive the property or money.
Rights to a Work can be assigned just as any other contractual right. With an assignment, the Owner of the Rights (the “Author of the Work”) transfers the complete remainder of the Interest in the Work to the Recipient of the Rights, (the “Independent Filmmaker/Producer/Investor). The Rights assigned must not retain any sort of reversionary interest in the right to possess, unless specifically stated in the Agreement.
If the Producer is signing an Agreement for Rights to a Work she/he must check that no previously existing contract disallows allows an assignment. The Producer should also check whether the assignment substantially changes the obligations of the person with whom you signed the Agreement. If it does, your rights may not be assignable. The Producer is advised to have her/his Lawyer review the Agreement before signing.
This Agreement between the independent Author/Rights Owner and the Producer is drafted in plain English that is easy to read and comprehend. This is a “Short Form” Legal Agreement of three clauses and two pages. The Agreement may be filled in on your computer or printed out and filled in later.
We regularly receive feedback that we have successfully drafted our filmmaker contracts to be as complete as possible for all legal situations. However, should you experience a unique personal situation requiring the drafting of a special clause, please contact us at your convenience. Otherwise, you may be obliged to find a local entertainment lawyer experienced in the film making industry who will draft any and all other clauses for your Project’s unique situation or circumstance.
This Agreement is part of the Actor’s Deal, Director’s Deal, Producer’s Deal, and the Investor’s Deal.
Assignment of Rights (Short Form)
Owner of Rights (Assignor): _________________________________________
Work to be Assigned Title: __________________________________________
Work Genre: _____________________________________________________
(literary work, film, music video, short, documentary etc.)
Recipient of the Rights (Assignee) : __________________________________
Project name: ___________________________________________________
Project Genre: ___________________________________________________
(film, music video, stage production, game show, etc)
This is an Agreement between the Assignor (hereafter known as the “Owner of the Rights”) and the Assignee (hereafter known as the “Recipient of the Rights” to Assign the Rights of the above named Work to be used in the above named Project.
KNOW ALL MEN BY THESE PRESENTS:
1. That, in consideration of ____________________________________ and other good and valuable consideration, receipt of which is hereby acknowledged, the undersigned “Owner of the Rights” does hereby sell, grant, convey and assign unto “Recipient of the Rights” her/his/their/its successors, assigns and licensees forever, all Right, Title and Interest including but not limited to the exclusive worldwide Project and allied rights of “Owner of the Rights” in and to that certain Work, to wit the above named Work and all drafts, revisions, arrangements, adaptations, dramatizations, translations, sequels and other versions of the Work Assigned which may heretofore have been written or produced or which may hereafter be written or produced with the sanction of “Owner of the Rights”.
2. The Owner of Rights further understands that by accepting this one time compensation and granting this permission the Owner of Rights is irrevocably giving up all rights and claims to monetary compensation for any future uses of this Work by the Producer(s) and . . . (continued)