Paramount has decided to go on a “Family Vacation,” buying Eric Reese’s thriller spec script and setting it up with Daniel Dubiecki’s Allegiance Theater to produce through the Paramount Insurge label.

Logline is under wraps other than the story centering on a family going on vacation.

Dubiecki is teamed with IM Global to produce indie drama “Money Monster” with Jodie Foster coming on board in October to direct. Dubiecki received a best picture Oscar nomination for “Up in the Air.”

Reese’s spec “The Faces” has been set up at FilmNation with Paul Solet attached to direct the horror thriller. Story center on newlyweds who, a year after narrowly escaping a brutal kidnapping, find themselves plagued by a horrifying series of events.

Reese is repped by CAA and The Gotham Group.