Further Agreement. In the event the Option is exercised by Producer, the parties intend to enter into a more formal agreement consistent with the terms of this purchase agreement and containing such other terms and conditions as are customary in option agreements in the motion picture and television industry.
Appears in 12 contracts
Samples: Option and Literary Purchase Agreement (Litera Group Inc), Option and Literary Purchase Agreement (Litera Group Inc), Option and Literary Purchase Agreement (Litera Group Inc)