Producing : Option Secured by Kyle Eidson

Kyle Eidson

Option Secured

I've secured a 12-month option to adapt a short story for a proof I hope to make over the next 12 months. An extension, should I fail to make the proof over the next year, is possible.

The next step is getting an IP lawyer to write a 1 or 2-page option agreement for me. I want to reach out to a VLA attorney with the hopes of getting it done as inexpensively as possible. Does anyone have any insights how to do this? What if there isn't a VLA program in my state?

Rutger Oosterhoff 2

Congrads!

Shadow Dragu-Mihai

Kyle Eidson You'll need to find a valuable reason for someone to give you a discount on services pertaining to a speculative venture. I cannot think of one. You say you secured an option - its not secured until you have it signed, right? I don't do legal work for outside productions, I am just trying to be realistic and you should, too. If you need a proper option agreement and cannot do it yourself, there's a reasonable price to pay for one.

Kyle Eidson

Shadow Dragu-Mihai that's what VLA's do, yes? Support broke artists? That's a reason. Hence the V for "volunteer?"

Shadow Dragu-Mihai

Kyle Eidson Sure except that when you are asking for legal assistance, it's because you want to have someone who has liability insurance and who has an ethical and legal obligation to do the same work for you they would if you were paying ten times their normal work. Otherwise, you would just find a free template on the internet and do it yourself, right? That's not like asking for a volunteer production assistant or help with coordinating a shoot. You have to offer something of value for someone to take on the risk.

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