|
NON-EXCLUSIVE LICENSING AGREEMENT
SF.V Job #_______
Whereas:
Stock Film Video International Corporation
(hereinafter referred to as "SF.V") has confirmed finalization of this
non-exclusive Licensing Agreement or Contract between _____________________________
and its client's subsidiaries, successors and/or assigns (hereinafter
collectively referred to as the "Licensee") _______________________
for the use of the following (hereinafter the "Elements") ___________
to appear in:
_________________________________________________
under the following terms and conditions:
_________________________________________________
_________________________________________________
Now therefore
1. PAYMENT SCHEDULE -
All payments shall be made to
SF.V;
A) License fee - $_________
U.S. Dollars payable in full upon initial order of final Elements.
B) Lab and Shipping Charges: (to be determined) are due upon delivery
to Licensee of final Elements.
C) Each shot is to be used only once in the production unless otherwise
specified. Using a shot more than once will constitute a lift and
require additional payment.
D) Final billing will be made, if necessary, upon SF.V's review of
Licensee's finished production and shall only be due if Licensee has
exceeded the usage amounts outlined above.
E) License Agreement is effective from date of release of master elements
unless otherwise specified in "Terms and Conditions".
2. The licensing fee for Elements is computed
on a per cut basis for each shot ordered and shall be billed per second
of actual screen time with a ten second minimum per cut. There will
always be a minimum order of $1,000.00 per job plus any lab and shipping
expense. Prices and minimums may be negotiated for volume orders; if
applicable, these prearranged licensing fees have been approved for
this job only and the negotiated balance is reflected above in paragraph
(1) section (A).
3. The Licensee shall have non-exclusive
rights to the licensed Elements for a period of one (1) year unless
otherwise specified in "Terms and Conditions".
4. Elements are licensed for non-exclusive
privileges only. Licensee assumes full responsibility for usage of Elements
licensed. Neither SF.V nor any of its suppliers may be held responsible
for any liability, loss or damages arising out of or in connection with
the use of any Elements or licensing of the Elements thereof. SF.V warrants
only the title of the Elements licensed. Unless otherwise specified
in terms and conditions, licensee assumes full responsibility for any
underlying rights such as talent and location rights.
5. To prevent unnecessary wear on the Elements,
once SF.V's original Elements have been pulled, the Licensee must pay
for all selections regardless if they are used in the final production
or not.
6. No Licensee will be permitted access
to SF.V's original Elements. SF.V may allow the Licensee to work with
non-original Elements (at the Licensee's expense) provided that the
Licensee assumes full responsibility for any loss or damages to the
Elements. Replacement costs for such Elements will be determined by
SF.V. Any elements generated from SF.V's Elements shall become the property
of SF.V and must be returned to SF.V upon completion of Licensee's production.
7. To verify usage, Licensee shall return
a video copy of the finished production which utilized SF.V's Elements,
to SF.V, within 30 days from the delivery of the final Elements to the
Licensee or upon completion of the production, whichever is first.
8. SF.V will receive credit in any productions
and/or materials which utilize and/or contain SF.V Elements if those
productions and/or materials contain credits. SF.V shall instruct Licensee
as to what the exact credit(s) should be for each production and/or
material generated.
9. Final usage of the Elements is not authorized
until SF.V has received the original copy of this Licensing Agreement
signed by an authorized signatory of the Licensee and A) and B) payments
as scheduled above in paragraph (1).
10. Signatories for both SF.V and the Licensee
warrant that they are empowered by SF.V and Licensee, respectively,
to enter into this Agreement.
11. Any disputes arising between the parties
in this Agreement shall be submitted to arbitrators to be selected by
mutual agreement of the parties or their counsel. The parties hereto
agree to be bound by the decision of said arbitrators. The prevailing
party of such a decision shall be entitled to recover attorneys fees.
This Agreement is made this __________
day of ______________, ____
between:
FOR STOCK-FILM VIDEO FOR LICENSEE:
INTERNATIONAL CORP.:
By:____________________ By:____________________
Print:___________________ Print:__________________
|