Can a producer bargain for extended or unlimited editing rights, and also bargain for the exercise fee when utilized?
Assume, hypothetically, that Producer bargains at the time of engagement for an option allowing unlimited editing rights, and the parties agree to an upfront fee for the option. If the option for unlimited editing rights is subsequently exercised, the Producer must pay the additional agreed upon fee for the unlimited editing rights within 15 working days after notice of the exercise of the option. The option fee itself is due and payable at the time the original session fee is due.
