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Licensing and Distribution of Videos Agreement template
Licensing and Distribution of Videos Agreement sample


What is Licensing and Distribution of Videos Agreement?

Licensing and Distribution of Videos Agreement An agreement allowing the licensing and distribution of videos, specifying licensing terms, distribution channels, and royalties.



Sample template:



LICENSING AND DISTRIBUTION OF VIDEOS AGREEMENT


This Licensing and Distribution of Videos Agreement (the "Agreement") is entered into as of [Date], by and between VistaVision Productions Inc., a [State] corporation, with a principal place of business at [Address] ("Licensor"), and GlobalMedia Distribution LLC, a [State] limited liability company, with a principal place of business at [Address] ("Distributor").

WHEREAS, Licensor owns and wishes to license to Distributor certain video content as described herein, and Distributor wishes to distribute said content in accordance with the terms and conditions set forth in this Agreement;

NOW, THEREFORE, in consideration of the mutual covenants, terms, and conditions set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

1. Grant of License

1.1. License


Licensor hereby grants to Distributor, and Distributor hereby accepts from Licensor, an exclusive, non-transferable right and license within the Territory (as defined below) to use, reproduce, distribute, publicly perform, publicly display, and digitally transmit the Licensed Content (as defined below) through the Distribution Channels (as defined below), subject to the terms and conditions set forth in this Agreement.



1.2. Licensed Content


The "Licensed Content" means the educational and training videos provided by Licensor to Distributor, including but not limited to videos covering topics such as leadership development, team building, and workplace safety, as specifically listed and identified in Exhibit A attached hereto and incorporated herein by reference.



1.3. Territory


The "Territory" shall mean the United States.



1.4. Distribution Channels


The "Distribution Channels" shall include, but not be limited to, broadcast, cable, satellite, video on demand, over-the-top platforms, and streaming services.



2. Royalties and Fees

2.1. Royalties


As consideration for the rights granted herein, Distributor agrees to pay Licensor royalties in an amount equal to [Percentage] % of the Net Revenues generated by the Licensed Content during each calendar quarter during the term of this Agreement ("Royalties"). "Net Revenues" shall mean gross revenues actually received by Distributor from the sale or license of the Licensed Content through the Distribution Channels, less any applicable taxes, fees, commissions, returns, or refunds.



2.2. Payment and Reporting


Royalties shall be paid quarterly, within thirty (30) days following the close of each calendar quarter. Distributor shall also provide to Licensor a detailed written statement accompanying each royalty payment, specifying the amount of Net Revenues generated during the applicable quarter and the calculation of the Royalties payable to Licensor.



3. Intellectual Property Rights

3.1. Ownership of Licensed Content


Licensor shall remain the sole and exclusive owner of all rights, title, and interest in and to the Licensed Content, including all copyrights, trademarks, and other intellectual property rights therein. Nothing in this Agreement shall be deemed to transfer any ownership rights in the Licensed Content or any portion thereof to Distributor.



3.2. Trademarks


Subject to the terms and conditions of this Agreement, Licensor hereby grants to Distributor a non-exclusive, non-transferable, royalty-free license to use Licensor's trademarks, trade names, service marks, and logos (collectively, the "Trademarks") in connection with the marketing, promotion, distribution, and sale of the Licensed Content within the Territory and through the Distribution Channels during the term of this Agreement. Distributor shall not sublicense any of its rights in the Trademarks to any third party without the prior written consent of Licensor. Distributor's use of the Trademarks must be in accordance with the guidelines provided by Licensor.



4. Term and Termination

4.1. Term


The term of this Agreement shall commence on the date hereof and shall continue for a period of [Number] years, unless sooner terminated in accordance with the provisions of this Agreement (the "Term").



4.2. Termination for Cause


Either party may terminate this Agreement upon written notice to the other party if the other party breaches any material term or condition of this Agreement and fails to cure such breach within thirty (30) days after receipt of written notice thereof from the non-breaching party.



4.3. Termination Upon Insolvency


This Agreement shall terminate immediately upon written notice by either party if the other party (i) becomes insolvent; (ii) files or has filed against it a petition for bankruptcy or any similar proceeding; (iii) makes an assignment for the benefit of its creditors; or (iv) has a receiver or trustee appointed for its property.



5. Governing Law and Dispute Resolution

5.1. Governing Law


This Agreement shall be governed by and construed in accordance with the laws of the United States and the State of [State], without regard to the conflict of laws principles thereof.



5.2. Dispute Resolution


In the event of any dispute arising out of or relating to this Agreement, the parties agree to submit the matter to binding arbitration in accordance with the Commercial Arbitration Rules of the American Arbitration Association. The arbitration shall be conducted in [City, State], and the award of the arbitrator(s) shall be final, binding, and non-appealable. Any judgment upon the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof.



6. Miscellaneous

6.1. Entire Agreement


This Agreement, together with any exhibits or schedules attached hereto, constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior understandings, negotiations, and discussions, whether oral or written, between the parties relating thereto. This Agreement may only be amended in writing and signed by both parties.



IN WITNESS WHEREOF, the parties have executed this Licensing and Distribution of Videos Agreement as of the date first above written.

"Licensee"
VistaVision Productions Inc.

By: ____________________________
Name: __________________________
Title: __________________________

"Distributor"
GlobalMedia Distribution LLC

By: ____________________________
Name: __________________________
Title: __________________________



Main Sections of a Licensing and Distribution of Videos Agreement


In this Licensing and Distribution of Videos Agreement, you will see the following sections:

  1. Grant of License
  2. Royalties and Fees
  3. Intellectual Property Rights
  4. Term and Termination
  5. Governing Law and Dispute Resolution
  6. Miscellaneous


About each Section - Analysis and Summary:

  1. Grant of License : This section explains that the Licensor (VistaVision Productions Inc.) is giving the Distributor (GlobalMedia Distribution LLC) the exclusive right to use, reproduce, distribute, and display the Licensed Content (educational and training videos) within the United States through various Distribution Channels like broadcast, cable, satellite, etc. The Distributor cannot transfer this right to anyone else.

  2. Royalties and Fees : The Distributor agrees to pay the Licensor a percentage of the Net Revenues generated by the Licensed Content every quarter. Net Revenues are the total money received from the sale or license of the content, minus taxes, fees, commissions, returns, or refunds. The Distributor must also provide a detailed statement of the Net Revenues and the calculation of the Royalties payable to the Licensor.

  3. Intellectual Property Rights : The Licensor remains the sole owner of the Licensed Content and all related copyrights, trademarks, and intellectual property rights. The Distributor is granted a non-exclusive, non-transferable, royalty-free license to use the Licensor's trademarks, trade names, service marks, and logos for marketing, promotion, distribution, and sale of the Licensed Content within the agreed territory and channels.

  4. Term and Termination : The agreement lasts for a specific number of years, unless terminated earlier according to the provisions in this section. Either party can terminate the agreement if the other party breaches any material term or condition and fails to fix the breach within 30 days after receiving written notice. The agreement also terminates immediately if either party becomes insolvent, files for bankruptcy, or has a receiver or trustee appointed for its property.

  5. Governing Law and Dispute Resolution : The agreement is governed by the laws of the United States and a specific state. If there's a dispute, the parties agree to submit the matter to binding arbitration according to the Commercial Arbitration Rules of the American Arbitration Association. The arbitration will take place in a specific city and state, and the arbitrator's decision will be final, binding, and non-appealable.

  6. Miscellaneous : This section states that the agreement, along with any exhibits or schedules, is the entire agreement between the parties and supersedes all prior understandings and discussions. The agreement can only be amended in writing and signed by both parties.

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