negotiate for a right to match any offer as to extending or renewal of the term.
4) Rights Granted
Here is where the agreement will lay out that whether or not the distributor is receiving the exclusive right under copyright and otherwise to exhibit, distribute, advertise, promote, publicize, market, sell, manufacture, license and otherwise exploit the picture in the territory during the term, in all forms of theatrical, free television, pay cable, subscription cable, and any other medium agreed upon by the parties. The scope of rights given to the distributor will vary from agreement to agreement. However, usually the right to advertise the film through commercials and billboards accompanies the right to distribute it.
5) Definition and Disposition of Gross Receipts
”Gross receipts” is a term used in the film