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Screenwriters, secure worldwide rights to a person's biography for film, TV, book or other media with this Option Agreement for Rights to a Life Story. The option can be renewed for two additional terms after the initial term. The person gives up his or her rights to their life story to the screenwriter, even if the screenwriter does not actually develop a project from the rights. The screenwriter will use best efforts to develop a project, but is under no obligation to do so. The writer shall pay the person a specified amount for each project developed from the rights. This Option Agreement for Rights to Life Story is provided in MS Word format, and is fully editable to fit your particular circumstances.