Colorado Licensing Agent Agreement with an Artist

State:
Multi-State
Control #:
US-13217BG
Format:
Word; 
Rich Text
Instant download

Description

The definition of a licensing agent is a person who identifies possible licensees for the licensor's property, represents the property in trade shows, and presents the property and proposals to licensees while negotiating contracts terms. A licensing agent also helps the licensor develop his properties to be more attractive for licensing. The agent will review the license by obtaining and reviewing samples of the licensed product and collecting royalties and other payments.
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  • Preview Licensing Agent Agreement with an Artist
  • Preview Licensing Agent Agreement with an Artist
  • Preview Licensing Agent Agreement with an Artist
  • Preview Licensing Agent Agreement with an Artist
  • Preview Licensing Agent Agreement with an Artist

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FAQ

An artist licensing agreement allows an artist while retaining full copyright ownership of their work, to grant permission to another party to use their art.

A license agreement is a business contract between two parties. The licensor (the seller of the license) owns the asset being licensed and the licensee (the buyer) pays for the right to use the license. The licensee pays the owner in exchange for the right to sell the product or use the technology.

The agreement or contract is the legal document between an artist or owner of an artwork and a borrowing institution, or between an exhibition organiser and the host venue. They are written to specify details about work to be undertaken and the expected outcomes.

A licensing agreement allows one party (the licensee) to use and/or earn revenue from the property of the owner (the licensor). Licensing agreements generate revenues, called royalties, earned by a company for allowing its copyrighted or patented material to be used by another company.

Precisely identifying which intellectual property will be the subject of the license is necessary to ensure both parties are on the same page and not exceeding their rights.Scope of the Grant.Exclusivity.Territory.Term.Compensation.Termination.Conclusion.28-May-2019

The licensing agreement should explain what the licensee can do with the license. It should say whether the license is exclusive or not. It should also discuss whether the licensor gets to use the license or cedes all rights to the licensee.

Practitioners and licensing executives often refer to three basic types of voluntary licenses: non-exclusive, sole, and exclusive. A non-exclusive licence allows the licensor to retain the right to use the licensed property and the right to grant additional licenses to third parties.

Examples of common licensing agreements include: A sports team allowing another company to produce t-shirts with the team's logo. A movie company that allows another company to create a toy based on a character the movie company owns.

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Colorado Licensing Agent Agreement with an Artist