Licensing Contract for Commercial Use Of Images/w Percentage Handling - February 06, 2014

This is a contract through which an artist grants an organization or person the merchandising rights to an image or artwork belonging to the artist for use in specified types of merchandise.

This Agreement is entered into on, between, hereinafter referred to as the "Grantee", located at Address, and, hereinafter referred to as the "Artist", located at Address.

Whereas, the Artist hereby represents that he/she will create images or object throughout the course of his/her contract with Grantee that is his/her own original work of Art/Design and it is not made from copyrighted material/designs during the entire term of his/her Contact with Grantee.
Date Of Initial Contact: Date of First Contact
Description: Description of Contact

Whereas, the Grantee wishes to use the above described work in the creation of , any of which may be offered for sale by the Grantee;
Whereas, the Grantee and the Artist want to achieve the best possible quality for the production(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 Promotions:

Types of Promotions

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 Timeframe, 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 Images/Media Percentage will be:

Which Merchandise and what Percent

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

8) The Artist shall have the right to approve of the quality of the reproduction of the image on the licensed products and the Artist agrees not to withhold approval unreasonably.

9) The Grantee will sell the licensed products in; however, the Grantee will not be the Artist's agent or promoter.

10) 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.

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

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

13) This agreement shall be construed in accordance with the laws of the Province of State, except for copyright law, which shall be interpreted in accordance with national and international copyright law.

14) 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.

Legal Representative of Grantee`s Signature: Full Name

Date of Signature: Full Date

Artist`s Signature: Full Name

Date of Signature: Full Date

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