1. RIGHTS GRANTED: Owner hereby sells, grants, conveys and assigns to Purchaser, its successors, licensees and assigns exclusively and forever, all right, title and interest in and to the Property together with all now or hereafter existing rights of every kind and character whatsoever therein, and the complete and unconditional and unencumbered title therein for all purposes, including all titles thereof, and all elements, themes, ideas, stories, plots, incidents, music, lyrics, arrangements, choreography, dialogue and characters, character names, action, revisions, dramatizations, prequels, sequels, remakes spin offs, and other parts and components contained therein, now or hereafter in existence, without limitations, including all copyrights throughout the universe, including all renewals, extensions and continuations thereof, whether common law, statutory or otherwise, together with the exclusive right to obtain and register copyright and renewal copyright or analogous protection for the Property, whether in the name of the Purchaser, its successors, licensees or assigns, in Purchaser's sole discretion. Included among the rights granted to Purchaser hereunder (without in any way limiting the grant of rights hereinabove made) are the following sole and exclusive rights throughout the universe.
(a)
To make, produce, adapt and copyright one or more screenplay and motion picture adaptations or versions, whether fixed on film, tape, disc, wire, audio-visual cartridge, cassette or through any other technical process whether now known or hereafter devised, based in whole or in part on the Property, of every size, gauge, color or type, including, but not limited to, musical motion pictures and remakes of, prequels and sequels to any motion picture produced hereunder and motion pictures in series or serial form, and for such purposes to record and reproduce and license others to record and reproduce, in synchronization with such motion pictures, spoken words taken from or based upon the text or theme of the Property and any and all kinds of music, musical accompaniments and/or lyrics to be performed or sung by the performers in any such motion picture and any and all other kinds of sound and sound effects.
(b) To exhibit, perform, rent, sell, lease, lend and generally deal in and with any screenplay or motion picture produced hereunder:
