Utah License Agreement with attachments between Site-Based Media, Inc., and On Site Media, Inc.

• Category: Corporations - Mergers and Acquisitions
• State: Multi-State
• Control #: US-CC-12-2243
• Format: Word; Rich Text

Description

This is a multi-state form covering the subject matter of the title.

Utah License Agreement between Site-Based Media, Inc. and On Site Media, Inc. This Utah License Agreement, entered into by and between Site-Based Media, Inc. (referred to as "Licensor") and On Site Media, Inc. (referred to as "Licensee"), establishes the terms and conditions governing the use, distribution, and licensing of specific materials, products, or intellectual property as outlined in the attached attachments. The purpose of this agreement is to grant the Licensee the right to use and distribute the Licensor's materials, products, or intellectual property solely within the state of Utah, in compliance with applicable laws and regulations. Key terms and provisions of the Utah License Agreement: 1. Grant of License: Licensor grants Licensee a non-exclusive, non-transferable license to use and distribute the specified materials, products, or intellectual property within the state of Utah. The license is subject to the terms outlined in the attachments. 2. Scope of Use: This agreement defines the specific rights and limitations regarding how the materials, products, or intellectual property can be used. It may include restrictions on alteration, reproduction, sublicensing, or commercialization of the licensed content. 3. Term and Termination: The agreement specifies the duration of the license and conditions under which either party may terminate it. It may also include provisions for notice periods and potential penalties for early termination. 4. Payment and Royalties: Any financial obligations, including licensing fees, royalties, or revenue sharing agreements, are detailed within the agreement. Both parties agree to adhere to the agreed-upon payment schedule and terms. 5. Confidentiality and Intellectual Property: The agreement addresses the protection of confidential information and intellectual property related to the licensed materials. It may include provisions for non-disclosure, ownership rights, and indemnification in case of intellectual property disputes. 6. Indemnification and Limitation of Liability: Both parties agree to indemnify each other against any claims, damages, or losses arising from the use or distribution of the licensed content. The agreement may define the limitations of liability for either party. Attachments to the Utah License Agreement: 1. Exhibit A: Description of Licensed Materials — This attachment provides a detailed description of the materials, products, or intellectual property covered under the agreement. It may include specifications, technical details, or any other relevant information. 2. Exhibit B: License Fee Schedule — This attachment outlines the licensing fees, payment terms, and any additional financial arrangements between the parties. It ensures clarity regarding financial obligations and expectations. 3. Exhibit C: Confidentiality and Non-Disclosure Agreement — This attachment establishes the terms for protecting and handling confidential information shared during the licensing process. It serves to maintain the confidentiality of sensitive information and trade secrets. 4. Exhibit D: Intellectual Property Ownership Agreement — This attachment clarifies the intellectual property rights associated with the licensed materials. It defines the ownership and usage rights, preventing any potential infringement or misuse. By entering into this Utah License Agreement, both Site-Based Media, Inc. and On Site Media, Inc. commit to abide by the terms specified herein and in the attached exhibits. This agreement ensures a clear understanding of rights, obligations, and restrictions between the parties, fostering a cooperative and mutually beneficial business relationship.