Licensing Contract to Merchandise Images

Licensing Contract to Merchandise Images

This Agreement is entered into on Date, between TeeParty LLC, hereinafter referred to as the "Grantee", located at 121614, Russia, Moscow, Krylatskie holmi str., 35-1, 72 andArtist Name, hereinafter referred to as the "Artist", located at Artist Address.

Whereas, the Artist hereby represents that he/she has created an image or object that is his/her own original work of art or craft and it is not made from copyrighted material or patterns and said image is titled and is described as:

Title: Neon fox

Title: Raspberry

Title: Bow Bloody Wow

Whereas, the Grantee and the Artist want to achieve the best possible quality reproduction(s) of the image to create future sales of said image;

Now therefore, in consideration of the mutual promises set forth below, as well as other valuable consideration, the parties agree as follows:

1) The Artist grants to the Grantee the exclusive right to use or reproduce the image for the following types of merchandise: t-shirts

2) This grant permits the Grantee the exclusive right to manufacture, distribute, and sell the merchandise. Further, the artist grants to the Grantee the right to reproduce the image on the Grantee's website and all other Grantee promotional materials.

3) The term of this contract is for one calendar year, commencing upon both parties signing this contract.

4) During the term of the contract, the Artist agrees that he/she will not make or sell or distribute forms of the image that is the subject of this contract.

5) The Artist shall retain all copyrights in and to the image. The Grantee shall identify the Artist as the creator of the image on the licensed products and shall reproduce thereon, a copyright notice for the Artist which shall include the word "Copyright" or the symbol for copyright "©", the Artist's name.

6) The artist understands that all profits from the sale of the Artist's merchandise will benefit the Grantee.

7) The Grantee shall give to the Artist, at no cost to the Artist, 3 licensed products, for the Artist's personal use.

9) The Artist shall indemnify and hold the Grantee harmless from and against any loss, expense or damage occasioned by any claim, demand, suit or recovery against the Grantee, arising out of any alleged use of the image which violates or breaches a third party's property rights.

10) Neither party shall assign rights or obligations under this agreement.

11) Nothing herein shall be construed to create a joint venture between the parties, nor shall any similar relationship be deemed to exist between them.

12) This agreement shall be construed in accordance with the international copyright laws.

13) This agreement constitutes the entire agreement between the parties hereto and shall not be modified, amended or changed in any way except upon a written agreement signed by both parties.