PandaTip: Here you want to describe the geographical area in which the license is valid. 2. The owner holds all rights to the work and the work and reserves all rights to the work that are not transferred to him and retains all common law copyrights and all federal copyrights that have been or may be granted by the Library of Congress. In this agreement, the party granting the right to use the licensed property [OWNER] is designated “owner” and the party who obtains the right to use the licensed property [USER] is designated “User.” 1. The holder holds all ownership rights to and from copyrighted and/or copyrighted works described in this Agreement. Copyrighted works are collectively referred to as “work.” I. GRANT OF THE LICENSE. The owner is [PROPERTY TO BE LICENSED] (“Property”). In accordance with this agreement, the owner grants the user a non-exclusive license for the use or sale [HIGHLIGHT THE TERMS THAT APPLY] of the property. The owner reserves the property and property. The user owns all the rights to materials, products or other works (the factory) created by the user in connection with this license. This licence applies only to the following geographic area: 3.
The owner wishes to obtain a licence and the licensee has agreed to grant a licence authorizing the purchaser`s use of the plant under the terms of the agreement. II. RIGHTS AND OBLIGATIONS. The user is the sole owner of the work and all property rights over and over the work; However, this property does not include copyright ownership over and over property or other property rights that are not expressly granted in this agreement. V. DEFAULTS ON AGREEMENT. If the User does not comply with the obligations under this Agreement, including the obligation to pay a licence fee when it is due, the owner has the option to terminate the contract by notifying the User in writing for 30 days. The user has the option to take corrective action to remedy the failure in order to avoid termination of the agreement if these corrective measures are taken before the expiration of the period covered in the previous sentence.
There must be no further defaults during this period or the owner has the option to terminate the agreement despite previous corrective action. This agreement is governed by the laws of [STATE]. This agreement begins at [EFFECTIVE DATE] and is made available to the other party in writing until the [TERMINATION DATE] or until one of the parties is made available to the other party in writing, with a 30-day period. PandaTip: You will want to indicate how the royalties will be calculated. ii. The termination or expiry of the agreement does not end with the obligations of the licensee or copyright holder arising from this agreement, including, but not only, the obligation to pay royalties that will be continued after the termination or expiry date. PAYMENT III. The user agrees to pay the owner a fee that is calculated as follows: IV. Changes.
Unless the owner`s prior written permission is obtained, the user cannot modify or modify the property under any circumstances.