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Copyright License Agreement

This Copyright License Agreement grants permission for the use of copyrighted material under specified terms and conditions. It should be used when an individual or entity wishes to license their copyrighted work to another party.

Updated 15d ago
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{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}} | Web: {{website}}

LICENSOR LETTERHEAD

{{licensor_company_name}}

{{licensor_company_address}}

Phone: {{licensor_phone}}

Email: {{licensor_email}}

Website: {{licensor_website}}

RECITALS

WHEREAS, Licensor is the sole and exclusive owner of all rights, title, and interest in and to the copyrighted material described in Schedule A attached hereto (hereinafter the "Licensed Material").

WHEREAS, Licensee desires to obtain a license to use the Licensed Material for the purposes and under the terms and conditions set forth herein.

NOW, THEREFORE, in consideration of the mutual covenants and promises herein contained, the Parties agree as follows:

GRANT OF LICENSE

Subject to the terms and conditions of this Agreement, Licensor hereby grants to Licensee a {{exclusive_non_exclusive}} license to use, reproduce, distribute, display, and perform the Licensed Material solely for the purpose of {{purpose_of_use}} (the "Permitted Purpose") within the territory of {{territory}} (the "Territory").

The term of this license shall commence on the Effective Date and shall continue for a period of {{license_term_duration}} unless terminated earlier in accordance with the provisions of this Agreement.

LICENSE FEES AND PAYMENT

In consideration for the license granted herein, Licensee shall pay to Licensor a license fee of {{currency}} {{amount}} ({{amount_words}}) on a {{payment_frequency}} basis, commencing on {{first_payment_date}}.

All payments shall be made in {{currency}} to the bank account specified by Licensor. Payments shall be due within {{payment_due_days}} days of the invoice date.

ROYALTIES

In addition to the license fees, Licensee shall pay Licensor a royalty of {{royalty_percentage}}% of the net {{revenue_profit}} generated from the exploitation of the Licensed Material. Royalties shall be calculated and paid {{royalty_frequency}}.

Licensee shall provide Licensor with complete and accurate statements of account, certified by an authorized officer, detailing the calculation of royalties, within {{statement_due_days}} days after the end of each {{royalty_period}}.

OWNERSHIP

Licensee acknowledges and agrees that all rights, title, and interest in and to the Licensed Material, including all intellectual property rights, shall remain solely with the Licensor. Nothing in this Agreement shall be construed to transfer any ownership rights in the Licensed Material to the Licensee.

Licensee shall not register or attempt to register any intellectual property rights in the Licensed Material, nor shall Licensee challenge or assist others in challenging Licensor's ownership or rights in the Licensed Material.

WARRANTIES AND REPRESENTATIONS

Licensor warrants and represents that it is the sole owner of the Licensed Material and has the full right and authority to enter into this Agreement and to grant the rights herein granted.

Licensor further warrants that the Licensed Material does not infringe upon any copyright, patent, trademark, trade secret, or other intellectual property right of any third party.

INDEMNIFICATION

Licensee agrees to indemnify, defend, and hold harmless Licensor from and against any and all claims, liabilities, damages, costs, and expenses (including reasonable attorney's fees) arising out of or in connection with (a) Licensee's use of the Licensed Material outside the scope of this Agreement, (b) any breach by Licensee of its obligations under this Agreement, or (c) any third-party claim arising from Licensee's actions or omissions related to the Licensed Material.

TERMINATION

This Agreement may be terminated by either Party upon written notice to the other Party if the other Party materially breaches any provision of this Agreement and fails to cure such breach within {{cure_period_days}} days after receipt of written notice thereof.

Upon termination, Licensee shall immediately cease all use of the Licensed Material and shall return or destroy all copies of the Licensed Material in its possession or control, and provide written certification of such destruction.

GOVERNING LAW AND DISPUTE RESOLUTION

This Agreement shall be governed by and construed in accordance with the laws of {{governing_law_jurisdiction}}.

Any dispute arising out of or in connection with this Agreement, including any question regarding its existence, validity, or termination, shall be referred to and finally resolved by arbitration under the rules of the {{arbitration_institution}}.

ENTIRE AGREEMENT

This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior discussions, negotiations, and agreements, whether written or oral.

No amendment or modification of this Agreement shall be valid unless in writing and signed by both Parties.

SIGNATURE BLOCK

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date.

LICENSOR:

By: ___________________________

Name: {{licensor_signatory_name}}

Title: {{licensor_signatory_title}}

Date: {{licensor_signature_date}}

LICENSEE:

By: ___________________________

Name: {{licensee_signatory_name}}

Title: {{licensee_signatory_title}}

Date: {{licensee_signature_date}}

SCHEDULE A: LICENSED MATERIAL DESCRIPTION

{{description_of_licensed_material}}

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