Massachusetts License Agreement between Site-Based Media, Inc. and NBC Site Media, Inc. This Massachusetts License Agreement ("Agreement") is entered into between Site-Based Media, Inc. ("SBM") and NBC Site Media, Inc. ("NB CSM") on [date]. This Agreement governs the terms and conditions of the licensing arrangement between the two parties for the use of certain media assets and intellectual property rights. 1. Parties: — Site-Based Media, Inc.: A Massachusetts-based media company specializing in outdoor advertising and digital media solutions. — NBC Site Media, Inc.: A subsidiary of NBC Universal and a leading media company with a wide range of television, film, and digital media properties. 2. Purpose: The Agreement outlines the terms under which SBM grants NB CSM the right to use certain licensed media assets and intellectual property in the state of Massachusetts. 3. Scope of License: a) SBM grants NB CSM a non-exclusive, non-transferable license to use the specified media assets and intellectual property within the defined geographic territory of Massachusetts. b) The licensed media assets may include billboards, digital signage, audio-visual content, trademarks, logos, and any content specified in the attached Schedule A. 4. Duration: The initial term of this Agreement shall be [start date] to [end date]. The parties may mutually agree to renew the Agreement for additional terms upon expiration. 5. License Fees and Royalties: a) NB CSM shall pay SBM a monthly license fee, as specified in Schedule B, for the use of the licensed media assets. b) Royalties may apply if NB CSM generates revenue from the licensed media assets, as outlined in the attached Schedule C. 6. Obligations: a) SBM agrees to ensure that the licensed media assets are properly maintained, in good condition, and comply with any applicable legal or industry standards. b) NB CSM shall use the licensed media assets solely for the purposes specified in this Agreement and shall not sublicense or transfer the rights granted without SBM's prior written consent. 7. Confidentiality: Both parties agree to maintain the confidentiality of any proprietary or sensitive information shared during the course of this Agreement. Attachments: The following attachments are an integral part of this Massachusetts License Agreement: — Schedule A: Detailed description of the licensed media assets and intellectual property. — Schedule B: License fee structure, payment terms, and invoicing details. — Schedule C: Royalty terms and conditions, if applicable. Types of Massachusetts License Agreements between Site-Based Media, Inc. and NBC Site Media, Inc. may include, but are not limited to: 1. Outdoor Advertising License Agreement: Specific to the licensing of billboard spaces and other outdoor advertising media assets. 2. Digital Signage License Agreement: Tailored for the use of digital signage networks, including audio-visual content and interactive media. 3. Intellectual Property License Agreement: Focusing on the licensing of trademarks, logos, and other intellectual property rights owned by SBM. 4. Extended Territory License Agreement: If the parties desire to expand the geographic territory of the license beyond Massachusetts, a separate agreement will be necessary. Keywords: Massachusetts License Agreement, Site-Based Media, Inc., NBC Site Media, Inc., licensing arrangement, media assets, intellectual property, outdoor advertising, digital media, billboards, digital signage, audio-visual content, trademarks, logos, license fees, royalties, obligations, confidentiality, attachments, outdoor advertising license, digital signage license, intellectual property license, extended territory license.
Massachusetts License Agreement with attachments between Site-Based Media, Inc. and NBC Site Media, Inc.
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