Write Worth — Screenplay Marketplace Terms of Purchase

IMPORTANT: By clicking Buy Now, you acknowledge that you have read, understood, and agree to these Terms of Purchase (“Terms”). These Terms form a binding agreement between Buyer and Writer, and operate alongside the Write Worth Platform Terms and Privacy Policy. If you do not accept, do not proceed.

1) Key Definitions

• Work: The screenplay or script listed on Write Worth (title and draft date as shown on the listing page).

• Writer: The seller who owns/controls the Work rights.

• Buyer: The person or entity purchasing rights in the Work.

• Escrow: Write Worth’s payments feature that holds funds until delivery/acceptance.

• Principal Photography: The first day cameras roll for a production based substantially on the Work.

2) Who You Contract With

2.1 These Terms govern the Writer ↔ Buyer transaction. Write Worth provides the platform, escrow, and records, but is not a party to the IP sale.
2.2 Conflicts: If these Terms conflict with Platform Terms, platform operational rules (escrow, KYC, timelines, fraud prevention) control process; these Terms control the substantive deal between Writer and Buyer.

3) Listing, Price & Taxes

3.1 The price and currency are shown on the listing page at checkout.
3.2 Buyer is responsible for applicable taxes, duties, or withholdings (where required by law).
3.3 Pricing errors may be corrected; if corrected post-payment, Buyer may accept the correction or receive a refund.

4) Escrow, Delivery & Acceptance

4.1 Payment: Buyer pays the Purchase Price into Write Worth escrow.
4.2 Delivery: After escrow confirmation, Writer delivers the Work files in the stated formats (e.g., PDF and editable file such as FDX/Fountain).
4.3 Acceptance Window: Buyer has [e.g., 3–7 calendar days] from file delivery to review and click Accept. If Buyer does not act within the window, escrow may auto-release per platform rules.
4.4 Seven-Day Revision Window: Within 7 calendar days of Buyer’s receipt, Buyer may request reasonable editorial changes (up to [1–2] passes). Writer will use commercially reasonable efforts to deliver within a reasonable timeline. Further rewrites are a separate paid engagement via Write Worth.
4.5 No Chargebacks: After escrow release, all sales are final, except as expressly provided in Sections 7 (Warranties) and 13 (Remedies).

5) Grant of Rights (What Buyer Gets)

5.1 Assignment on Release: Upon escrow release (not before), Writer assigns to Buyer the exclusive, worldwide, transferable, sublicensable motion picture/audiovisual rights to produce and exploit one (1) feature film or limited series substantially based on the Work (the “Picture”).
5.2 Ancillary Rights: Unless explicitly listed as “Included” on the listing page or invoice (or added below), all publishing (print/ebook), live stage, radio/podcast, game, and merchandising rights remain with Writer.
5.3 Remakes/Sequels/Prequels/Spin-offs: Excluded unless expressly included. Buyer may optionally receive a right of first negotiation/last refusal if stated on the listing or invoice.

6) Reserved Rights & Restrictions

6.1 All rights not expressly granted are reserved to Writer.
6.2 Buyer shall not: (a) use the Work to train AI models; (b) publicly post, sell, or distribute the script except as needed for bona fide development/production; (c) remove platform watermarks from preview files; or (d) exploit outside the scope granted in §5.
6.3 Team sharing is permitted internally under NDAs customary for development.

7) Writer Warranties; Buyer Warranties

7.1 Writer warrants: (a) Writer is the owner/authorized licensor of the Work; (b) to Writer’s knowledge, the Work does not infringe third-party rights; (c) there is no prior assignment/sale that conflicts with this deal.
7.2 Buyer warrants: Buyer has authority to enter this deal and will use the Work lawfully.

8) Credit

If the Picture is produced, Buyer shall accord “Written by [Writer Name]” in the main titles and paid ads where individual writer credits are customary, subject to guild/industry rules. If multiple writers, final credit is determined per applicable guild/industry practice.

9) Reversion if Not Produced (24-Month Safeguard)

9.1 Production Window: If Principal Photography has not commenced within twenty-four (24) months from the effective purchase date (escrow release date), then upon Writer’s written notice, all rights granted in §5 revert to Writer.
9.2 Extension: The Parties may extend the window only in writing before expiry (e.g., extension fee or milestone).
9.3 On Reversion: Buyer ceases exploitation and executes confirmatory documents. Buyer retains ownership only of Buyer-created materials that do not infringe the reverted Work.

10) Confidentiality & On-Platform Safety

10.1 Non-public deal terms, drafts, and correspondence are confidential (disclosure allowed to professional advisors, financiers, insurers, or if required by law).
10.2 For safety and record-keeping, material deal communications should occur inside Write Worth.

11) Delivery Assets & Chain of Title

11.1 Writer will provide delivery files and reasonable chain-of-title assurances (e.g., authorship statement, registration details if any).
11.2 If the Work is registered (e.g., copyright office or writers’ guild), Writer will share available registration info.

12) Assignment & Financing

Buyer may assign these rights to a financier, production company, distributor, or affiliate in connection with bona fide development/financing/distribution, provided Buyer remains secondarily liable for accrued obligations if the assignee lacks equivalent credit standing.

13) Remedies; Indemnities; Limits

13.1 Indemnity: Each Party will defend/indemnify the other for losses arising from its breach of warranties in §7.
13.2 Cap & Exclusions: Except for willful misconduct or IP infringement, each Party’s aggregate liability is capped at the Purchase Price; no consequential, special, or punitive damages.
13.3 Cure: Before seeking formal remedies, Parties will provide written notice and a 10-business-day cure period where feasible.

14) Dispute Resolution; Governing Law

14.1 Good-Faith Negotiation → Mediation → Arbitration: Disputes will be negotiated in good faith, then mediated. If unresolved within 30 days of a mediation request, disputes will be settled by confidential binding arbitration in [City, Country] under [Rules—e.g., Lagos Court of Arbitration] by one arbitrator.
14.2 Governing Law: [Choose: Laws of Nigeria / other jurisdiction], excluding conflict-of-law principles.
14.3 Injunctive Relief: Either Party may seek temporary injunctive relief to protect IP/confidentiality.

15) Termination

Material breach not cured within 10 business days after notice may result in termination. Sections that are meant to survive (e.g., §§6, 8–15) survive termination.

16) Miscellaneous

16.1 Entire Agreement: These Terms (plus listing-specific inclusions and invoice) are the whole Writer–Buyer agreement for this purchase.
16.2 No Employment: The Parties are independent contractors.
16.3 Notices: Via Write Worth messaging (timestamped) and email addresses provided at checkout.
16.4 Amendments: Must be in writing (including platform addenda).
16.5 Severability: If a clause is unenforceable, the rest remains effective.