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If they lose money on the album, then that loss is all theirs you still keep your licensing fee. Distribution, on the other hand, refers to getting your albums into the shops. With a distribution deal, you only make money on what you sell, and you as a label are responsible for manufacturing, promotion, and so forth.
Complex Licence means any Licence granted by SEPA which is considered by SEPA to require a more complex environmental assessment than a Simple Licence and site specific conditions.
A manufacturing and distribution license agreement is an agreement or contract between the individual or entity who invented a product and the company who will be manufacturing or building and distributing that item.
A Terms and Conditions agreement and an EULA are both legally enforceable contracts, so long as both parties: Understand what they're agreeing to, and. Know that they're entering into a contract.
Source Code License means any contract or contractual provision (whether or not denominated a "license") that prescribes the terms, conditions and restrictions applicable to the possession and use of Source Code by a licensee of the Software to whom Source Code of any Software has been released.
A distribution agreement, also known as a distributor agreement, is a contract between a supplying company with products to sell and another company that markets and sells the products. The distributor agrees to buy products from the supplier company and sell them to clients within certain geographical areas.
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.
The term may bring specific industries or types of arrangements to mind, such as a publisher licensing content from authors and illustrators or the licensing of logos, processes and even recipes in a franchise agreement.
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.