Film remake rights agreement - filmmantra

Film remake rights agreement - filmmantra
AGREEMENT


This AGREEMENT executed on this the Sixth day of April, 2001 at Hyderabad.

BETWEEN

M/s. , Film Producers, carrying on business at 91, De-Monte Colony, Alwar Pet, Chennai-600018, represented by its Proprietrix Smt.xyz

, hereinafter referred to as the 'Assignors' which term shall, unless repugnant to the subject or context mean and include their heirs, executors, administrators legal representatives or successors-in-interest of the First Part.

AND

M/S…. a Film Producing concern having its Office at Plot No-., Road No-…, Film Nagar, Hyderabad-500033 represented by its  Proprietor Sri. .. hereinafter referred as the 'Assignees' which term shall, unless repugnant to the subject or context mean and include their heirs, executors, administrators legal representatives or successors-in-interest of the Second Part.

WHEREAS

The Assignors are the Copyright holders of the story in a feature film titled "" in Malayalam Language written by Mr, to reproduce a feature film in Telugu Language.
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The Assignors declared that they acquired Copyrights in the story of the feature film ".." to reproduce a feature film in Telugu Language or dub the said film into Telugu Language and its commercial exploitation in the entire world and for a perpetual period from M/S. , producers of the Malayalam Film titled "" starring .,  etc., directed by .. by an agreement dated 02-02-2000.


The Assignors offered to the Assignees to take assignment of the Copyrights in the story of the feature film ".." to reproduce a feature film in Telugu Language.

The Assignees agreed to the same for a consideration of Rs./- [Rupees .Only] subject to the following terms and conditions.


NOW THIS AGREEMENT WITNESSETH AS FOLLOWS

The Assignors irrevocably grant /assign to the Assignees the exclusive copyrights in the story of the feature film "." for the production of a feature film in Telugu Language [hereinafter referred to as the said Film] as well as the dubbing rights in the said film into Telugu Language..

The total consideration for this assignment is Rs./-[Rupees ,,,  Only], which sum the Assignees paid to the Assignors  as detailed below and the Assignors acknowledge the receipt of the same.

A sum of R../-[ Rupees Lakh Only] received vide  Cheque bearing No.., dated .. drawn on Andhra bank, Jubilee Hills, Hyderabad.
A sum of Rs./-[Rupees . Lakhs Only] received vide Ch No .. on Andhra Bank, T. Nagar, Chennai [Subject to realisation]

The Assignees shall be entitled to fix any name to the said film at their choice.

the Assignees shall be free to select the Script Writer, Director and the Star cast for the said film at their choice.

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Being Producers of the said Film the Assignees shall be entitled to exploit the said Film in all means without any restrictions as to time and geographical area subject to the terms of the Memorandum of Agreement Dt. 02-02-2000 entered into by the Assignors with M/S. . ., THE ORIGINAL producers of the film . starring ., .. etc., directed by .. and forming part of this agreement.

The Assignees shall be entitled to vary, alter and add to or remove from the original Malayalam Script the scenes and scenario, in order to adapt to the production of feature film in Telugu Language.

The Assignors hereby confirm that the said rights are vested in them solely and that they are fully and perfectly entitled to assign the same to the Assignees.

The Assignors declare that they have not earlier assigned or granted license to any third party in respect of the rights covered by this agreement.

The Assignors declare that there are no encumbrances in respect of the rights granted by this agreement and there are no pending claims or court cases.

The Assignor hereby undertake that they will not assign or grant the rights covered by this agreement to any third party in future.

The Assignors declare that they or the author of the said story of the Film " "." or the Producers of the feature film ".." in Malayalam Language have not assigned or granted dubbing rights of the feature film "." in Telugu Language to any third Party.

The Assignees hereby agree they shall not dub the said Film into any other Indian Language.

The Assignor hereby undertake to indemnify the Assignees against any claim whatsoever that may be made by any person in respect of the rights granted by this agreement.
   
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In case of any dispute arising out of this agreement, the same shall be subjected to the exclusive jurisdiction of the courts at Hyderabad only.

IN WITNESSES WHEREOF THE PARTIES HEREUNTO PUT THEIR HANDS ON THE DAY FIRST ABOVE MENTIONED.

For M/S. ..                       For M/S.




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.       ASSIGNEES
ASSIGNORS

WITNESS

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