This form is used by a producer and a manufacturer to set forth the terms and conditions for the licensing of certain subject matter (as customized by whomever completes this form) for digital content distribution.
Delaware Subject Matter Content License Agreement
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How to fill out Subject Matter Content License Agreement?
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Hear this out loud PauseIrrevocable License means a personal, unassignable privilege conferred for the doing of one or more acts on land without possessing any estate therein, thereby rendering legal an act that otherwise would constitute trespass.
Hear this out loud PauseYou may also encounter the concept of a fully paid-up license, almost always in connection with an irrevocable license, which means that once the licensing fee is paid, no other payments will come due at all with respect to the license.
Paid-up License means a license which has a term beginning on the date specified in the Order Schedule (and if no date is specified, then the date the Software is made available to Customer) and continuing perpetually, subject to termination as set forth in this Agreement.
Upfront payment licensing is a licensing model in which the licensee pays the licensor a one-time upfront payment for the right to use their intellectual property. This payment is typically negotiated as a lump sum payment and is paid in advance of any product development or sales.
Means a license under which all royalties have been paid in advance, i.e., there are no running royalties; alternately, a paid-up (or pre-paid) license can be for a certain fixed number of units or period of time, usually at a substantial discount to the usual running royalty.
Hear this out loud PauseA 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.
Hear this out loud PauseBegin your license agreement by defining who all parties are. From there, add information about license grants, charges, licensee's obligations, intellectual property rights, limitation of liability, confidentiality, governing law, waivers, etc. End the template with an agreement form to sign.
Given the complexity of the technology industry and the evolving body of case law surrounding software licensing, it's highly recommended that software vendors retain qualified legal counsel to help them craft a EULA that protects their intellectual property and guards against any other contingencies.