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Screenplay option agreements are both exciting and sometimes puzzling milestones in a new screenwriter’s career. The initial excitement of acceptance (instead of rejection) brings a flush of positive emotion. But the dense legal jargon in the contract is like a cold shower, that brings things back to reality.

Option agreements are basically like car rentals, with an option to buy. The producer gets the exclusive right to try and make your script into a movie, often for one year, sometimes six months, sometimes eighteen months.

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