EFTA00037015.pdf
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- pdf
- Source set
- data-set-8
Original source
Extracted text
CONFIDENTIAL
LITERARY OPTION/PURCHASE AGREEMENT
This literary option agreement (the "Agreement") is made and entered into by and between the
Parties as of (*) (*), 2021, and shall be binding on the Parties.
For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
the Parties agree as follows:
1. Parties
BRAWN FILMS LLC ("Company"); and
("Author"
and collectively with Company, the "Parties" and individually, each
a "Party").
2. Condition Precedent
The grants made by Author to Company shall be effective
immediately, subject to payment of the Option Price (as defined
below), but Company shall have no obligations under this
Agreement unless and until the following conditions precedent
have been satisfied (hereinafter, the "Conditions Precedent"): (a)
Company has approved the chain-of-title regarding the Property in
a form and substance acceptable to Company; (14 Company has
received fully-executed originals of this Agreement, together with
all exhibits and documents attached hereto, in form and substance
satisfactory to Company, including, but not limited to, the Short
Form Option; (c) Company has received a release fully executed by
Author's publisher; and (d) Company has received all required
documentation from Author in connection with compliance with
all statues/regulations (if and as applicable).
3. Option
Author grants Company the exclusive, irrevocable option to
acquire all necessary rights of the book entitled "Silenced no Mare"
(the "Book"), including without limitation its titles, themes, plots,
contents, character, illustrations, artwork, stories, elements,
translations, adaptations and versions of any of all the foregoing,
written and/or created by Author (collectively, the "Property') in
connection with the development and production of potential
audio-visual projects based on the Property (hereinafter, the
"Productions").
All references in this document to the "Agreement" shall b…
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