Basic Copyright License Agreement between 2 parties and one time royalty fee
NAME: Licensor Name
COMPANY: Licensor Company
ADDRESS: Licensor Address
TELEPHONE: Licensor Telephone
EMAIL: Licensor Email
NAME: Licensee Name
COMPANY: Licensee Company
ADDRESS: Licensee Address
TELEPHONE: Licensee Telephone
EMAIL: Licensee Email
THIS LICENSE AGREEMENT is made and entered as of Date (the “Effective Date”) by and between Licensor and Licensee, collectively referred to as ((individually a "Party" and collectively as "the Parties").
a) Licensor owns the copyright and all other related rights to the works as described in Appendix A, (hereinafter, “Work”) and has exclusive right to license others to produce, copy, make, or sell the Work.
b) Licensee desires to obtain, and Licensor has agreed to grant, a license authorizing the use of the Work by Licensee in accordance with the terms and conditions of this Agreement.
THEREFORE, for and in mutual consideration, Licensor and Licensee agree as follows:
1. Grant of License and Rights
1.1. The materials that are subject of this Agreement shall consist of items that are more particularly described in Appendix A, which may be amended from time to time by both parties and duly signed thereafter.
1.2 Licensor hereby grants to Licensee, in accordance with the terms and conditions of this Agreement, a non-exclusive, non-transferable license to use the Work for the Licensed Period and in accordance with the terms set forth in Appendix B.
2. Ownership of Work
Licensee acknowledges that Licensor is the sole and exclusive owner of the Work and of all associated copyright registrations, and Licensee shall do nothing inconsistent with such ownership. Licensee further agrees that it will not claim ownership rights to the Work, or any derivative, compilation, sequel or series, or related Work owned by or used by Licensor. Licensee agrees that nothing in this Agreement shall give Licensee any right, title, or interest in the Work other than the right to use the same in accordance with this Agreement.
The unauthorized use or distribution of the Work or any part thereof is illegal and could subject the user to substantial money damages. Licensee will be liable for any damage resulting from any violation of this Agreement, including any infringement of copyrights or other proprietary rights.
3. Terms and Termination
3.1. This Agreement shall commence as of the Effective Date and shall continue in full force and effect until such time as either party provides not less than ninety (90) days written notice of termination to the other party.
3.2. Upon termination of this Agreement, Licensor agrees to allow Licensee to continue use of Work in materials created before the date of termination. Licensee agrees to discontinue using the Work in all materials created after the date of termination of this Agreement.
Licensee agrees to pay Licensor a one time royalty of Royalty Amount upon execution of this Agreement. Renewals or extensions of this Agreement are subject to additional fees, to be agreed upon by the Parties prior to renewal or extension.