Colorado License Agreement between Site-Based Media, Inc. and On Site Media, Inc. 1. Introduction: The Colorado License Agreement is a legally binding document that establishes the rights and responsibilities of Site-Based Media, Inc. (Licensor) and On Site Media, Inc. (Licensee). This agreement grants On Site Media, Inc. the permission and license to use certain intellectual property owned by Site-Based Media, Inc. within the state of Colorado. 2. Parties involved: The agreement is entered into between Site-Based Media, Inc., a media company based in Colorado, acting as the Licensor, and On Site Media, Inc., a media services provider active within the state, acting as the Licensee. 3. Scope of the Agreement: This Colorado License Agreement encompasses the terms and conditions for the use of Site-Based Media, Inc.'s intellectual property, including but not limited to trademarks, logos, trade dress, copyrighted materials, and any other protected materials owned by the Licensor. 4. License Grant: Site-Based Media, Inc. grants On Site Media, Inc. a non-exclusive, non-transferable license to use the designated intellectual property within the specific locations authorized by Site-Based Media, Inc. This license ensures that On Site Media, Inc. can utilize the licensed materials for promotional and advertising purposes throughout Colorado. 5. Restrictions: The License Agreement outlines certain limitations on Site Media, Inc.'s usage of the licensed intellectual property, such as prohibiting modification of the materials, sublicensing, or using the licensed materials outside the specified locations. Violation of these restrictions may lead to termination of the license. 6. Term and Termination: The Agreement specifies the duration of the license, including the start and end date. It also outlines provisions for termination, such as breach of contract, non-payment, or violation of the agreed-upon terms. In case of termination, On Site Media, Inc. will be required to cease all use of the licensed materials. 7. Consideration: The License Agreement details the financial obligations, including royalties or fees, payable by On Site Media, Inc. to Site-Based Media, Inc. for the usage of the licensed intellectual property. The payment terms and schedule are outlined in the agreement. Attachments: 1. Exhibit A: Intellectual Property Schedule This attachment provides a comprehensive list of the specific intellectual property owned by Site-Based Media, Inc. and licensed to On Site Media, Inc. in Colorado. It includes trademarks, logos, copyrighted materials, or any other relevant IP. 2. Exhibit B: Authorized Location List This attachment specifies the locations within Colorado where On Site Media, Inc. is permitted to employ the licensed intellectual property for advertising and promotional purposes. 3. Exhibit C: Payment Schedule This attachment outlines the agreed-upon financial terms, including the amount, method, and timeframe within which On Site Media, Inc. must remit royalties or fees to Site-Based Media, Inc. These attachments provide a detailed breakdown of the licensed intellectual property, authorized locations, and payment terms, making the Colorado License Agreement comprehensive and reliable for both parties involved.
Colorado License Agreement with attachments between Site-Based Media, Inc., and On Site Media, Inc.
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How to fill out License Agreement With Attachments Between Site-Based Media, Inc., And On Site Media, Inc.?
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A content licensing agreement allows companies to repurpose or republish material through a legal contract. Often called a copyright license, it's a flexible solution for companies that wish to distribute previously published materials.
Third Party License means a written agreement between a Party or its Affiliates and a Third Party to license or acquire Third Party Intellectual Property Rights for use in connection with the Research, Development, Manufacture, or Commercialization of a Candidate or Product, including for clarity, any such agreement ...
These are some common types of licensing agreements: Trademark license - outlines how you may use a trademark Patent license - outlines your right to sell, use, make distribute and export a product that is patented Copyright license - outlines your right to reproduce and sell copyrighted assets.
Example of a Licensing Agreement Nestle (the licensee) agreed to pay $7.15 billion in cash to Starbucks (the licensor) for exclusive rights to sell Starbucks' products (single-serve coffee, teas, bagged beans, etc.)
To get back to basics, content licensing allows companies to republish or repurpose published material through a legal agreement often referred to as a copyright license. It's a flexible solution for companies looking to add to their digital magazines, blog posts or other content initiatives.
Key Takeaways. 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.