Dear Gruppe-K, LLC dba Stealth Studios:

I am voluntarily submitting to you, the Producer, a logline and/or brief synopsis for the referenced screenplay or other intellectual property, (“the material”) and will submit the material separately and only if requested by Producer.

I attest that I am the sole owner and author of the material, that I am the creator of the material, and that I have the full legal right to submit the material to you.

I understand that this Release does not constitute an offer to purchase the material and that Producer shall not be under any obligation to me with respect to the submitted material except as may later be set forth in a fully executed written agreement between us. Producer is under no obligation to purchase or produce the material.

I am by no means waiving, and this Release does not limit, my copyright of the material. Furthermore, this Release does not constitute or imply any exclusivity and I may continue to submit the material to other producers, production companies or entities until such a time that an option or purchase Agreement with Producer has been fully executed, should Producer decide to extend an offer to option or purchase the material.

If Producer does extend an offer to option or purchase the material, Producer and/or his representatives will negotiate with me and/or my representatives in good faith to reach a fully executed written Agreement covering the transfer of rights to the material and agreed upon compensation.

I realize that Producer (and persons and entities in Producer’s employ) are involved in the production and/or management of material for motion picture, television and/or other media and, as such, are likewise engaged in the search for material and literary properties and the development of screenplays, teleplays, ideas, formats, stories, suggestions and other materials for exploitation in any and all entertainment media which said production or management necessitates.

I understand that Producer and his employees, contractors, associates and affiliates are exposed to many stories, ideas, concepts and other literary materials and media. I also understand that many stories, ideas, concepts, literary materials, and themes are very similar and that Producer may have independently created, have had created, or may already be considering or exploring screenplays and ideas generated by employees or outside sources that may be similar, even significantly similar to the material being submitted by me and I agree that I will not be entitled to any compensation by reason of the use by you of such similar material.

I understand that my submission is not confidential. Producer may discuss the material with others and may employ third parties to read and evaluate the material as part of the evaluation process.

I understand that Producer will only review screenplays and/or other creative material or media provided the author(s) agree to the terms of this Release. I attest that I have read and understand this entire Release and agree to the terms outlined herein. I also understand and agree that adding my name to the submission form I send shall serve as a legal equivalent of my handwritten signature.

Accept