After the introduction of both parties on the first page, this is the first thing that appears in an agreement. As the title indicates, it decides on the re-payment of projects and any compensation or additional costs (if any). The artist must check the figures in this section twice to make sure it is the right amount. As a result, many more recent screenwriters begin their careers without any legal arrangement of any kind. Sometimes the writers involved are friends with the people they work with, and they think no deal is necessary. Or they think they need agreements if they ever sell their work, but not today. To be fair, I`ve seen that some professional screenwriters make this mistake, and it always blows my head. When the agreement is reached with an agent, the terms of the agreement are also governed by state laws and union agreements designed to govern agents and their relationships with their clients. In fact, a replacement agreement with a lawyer is commonly referred to as an “engagement letter.” Essentially the same thing, but not as romantic as it sounds.
In this section, the producers simply remind you that even if you are the one who brings the project to life, it is the one who owns it. If there is a piece of property for creatives, it is mentioned here. Writers without representation (and even some who are represented) are sometimes asked to sign a deposit authorization before being allowed to submit their scripts for payment from agents, managers, producers, production companies and events such as workshops or festivals. If the writer signs it, they lose their right to complain if they think their work was then demolished by the other part of the agreement – or at least that`s the idea. So it is the 10 basic clauses that make up most of the producer-writer agreements. Remember that as a creator, you can challenge any clause in an agreement and negotiate it before signing, but once you have signed this document, your ethical and legal obligation is to respect the terms agreed by you and the manufacturer. The Writers Guild of America has a good type agreement (albeit a bit basic) on its website. As the name suggests, it is an agreement between an agent or manager and his client. The agreement allows the agent to act very specific on behalf of the client and to be compensated accordingly. But if you`re a screenwriter with an original script (or pilot) and someone wants to produce your work, an option/sale contract is probably what you`re going to sign.
The general idea of this type of agreement is that it allows the purchaser, for an initial lower price, to “control” the rights to your script only for an agreed period at certain costs. This is perhaps the most biased clause of all agreements. Here, the producer tries to tell the creator that if the pressure comes and both parties have to hire a lawyer, the company has the right to try an arbitrator and the legal field. This, in turn, as any clause in an agreement can be challenged before signing. Sometimes a Writer agreement is part of an option/sale contract when additional paid services are required. A writer`s agreement will also include a “work for rent.”