Common use of SEQUELS/REMAKES Clause in Contracts

SEQUELS/REMAKES. If separated rights, Theatrical sequels = 50% initial compensation and bonus; remakes = 33%. Series Payments: $ ______ per 1/2 hour episode; $ ____ per 1 hour episode; $ _____ per MOW (in network primetime or on pay television, otherwise $ _____ per MOW); $ ______ per sequel produced directly for the videocassette/DVD market; $ ______ per product produced for the interactive market based on the Project; _________________________ [other, e.g., theme park attractions based on the Project]. Spin-offs: Generic – 1/2 of above payments and Planted – 1/4 of above payments If Writer is accorded sole “Written by” or “Screenplay by” credit, Writer shall have the right of first negotiation on all audio-visual exploitation, including, but not limited to remakes and sequels and MOWs, mini-series and TV pilots (or first episode if no pilot) for a period of seven (7) years following release.

SEQUELS/REMAKES. If separated rights, Theatrical sequels = 50% initial compensation and bonus; remakes = 33%. Series Payments: $ ______ per 1/2 hour episode; $ ____ per 1 hour episode; $ _____ per MOW (in network primetime or on pay television, otherwise $ _____ per MOW); $ ______ per sequel produced directly for the videocassette/DVD market; $ ______ per product produced for the interactive market based on the Project; ___________;______________ [other, e.g., theme park attractions based on the Project]. Spin-offs: Generic – 1/2 of above payments and Planted – 1/4 of above payments If Writer is accorded sole “Written by” or “Screenplay by” credit, Writer shall have the right of first negotiation on all audio-visual exploitation, including, but not limited to remakes and sequels and MOWs, mini-series and TV pilots (or first episode if no pilot) for a period of seven (7) years following release.