Professional Documents
Culture Documents
Licensor Information
Title of work (the "Selection"): ______________________________
Catalogue number (if applicable): _______________________________
Photographer:_________________________________
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If copies are free to attendees of a program, the cost of program:
______________________
If a website, the average number of visitors per month:_____________________
Grant of Rights
Licensor grants to Licensee and Licensee's successors and assigns, the:
(select one)
[ ] nonexclusive
[ ] exclusive
right to reproduce and distribute the Selection in:
(select all that apply)
[ ] the current edition of the Work.
[ ] all editions of the Work.
[ ] all foreign language versions of the Work.
[ ] all derivative versions of the Work.
[ ] all media/formats (including electronic) now known or later devised.
[ ] promotional materials published and distributed in conjunction with the Work.
[ ] other rights __________________________________
Territory
The rights granted under this Agreement shall be for ___________________ (the
"Territory").
Fees
Licensee shall pay Licensor as follows:
(select payment option and fill in blanks)
[ ] Flat Fee. As full payment for all rights granted, Licensee shall pay Licensor a flat
fee of:
$_________. Payment shall be made:
[ ] upon execution of this Agreement.
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[ ] upon publication.
[ ] Royalties and Advance. Licensee agrees to pay Licensor a royalty of ______% of
Net Sales. Net Sales are defined as gross sales (the gross invoice amount billed to
customers) less quantity discounts and returns actually credited. Licensee agrees to pay
Licensor an advance against royalties of $_____________ upon execution of this
Agreement. Licensee shall pay Licensor within thirty (30) days of the end of each quarter.
Licensee shall furnish an accurate statement of sales during that quarter. Licensor shall
have the right to inspect Licensee's books upon reasonable notice.
Indemnity
Licensor agrees to defend and indemnify Licensee, its officers, directors, agents and
employees, against all costs, expenses and losses (including reasonable attorneys’ fees
and costs) incurred through claims of third parties against Licensee challenging the
authenticity of the Selection or alleging that Licensee’s use of the Selection infringes the
rights of another.
Infringements
Licensor shall be obligated, at its own cost and expense, to institute an prosecute lawsuits
against third persons for infringement of the rights licensed in this Agreement.
Warranty
Licensor represents and warrants that it is the owner of and controls all right, title and
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interest in the Selection, that it has the right and power to grant permission for the uses of
the Selection as specified above, and that there are not other agreements with any other
party in conflict herewith. Licensor further represents and warrants that the Selection
does not infringe any valid right of any third party.
(check if applicable)
[ ] Licensor warrants that a model release is on file for the Selection.
Miscellaneous
This Agreement may not be amended except in a written document signed by both
parties. Nothing contained herein shall constitute this arrangement to be employment, a
joint venture or a partnership. If a court finds any provision of this Agreement invalid or
unenforceable, the remainder of this Agreement shall be interpreted so as best to effect the
intent of the parties. This Agreement shall be governed by and interpreted in accordance
with the laws of the State of ______________________. This Agreement expresses the
complete understanding of the parties with respect to the subject matter and supersedes
all prior representations and understandings.
Licensor
By: ______________________
Name: _____________________
Title: _____________________
Address: _____________________
Date: ________________
Licensee
By: ______________________
Name: _____________________
Title: _____________________
Address: _____________________
Date: ___________________
Tax ID # ________________________
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