copyright license agreement · 2.2 licensee retains all rights to packaging designs and trade...
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COPYRIGHT LICENSE AGREEMENT
This Copyright License Agreement (the ‘Agreement’) is made and entered into as of 28
June,2020 (the ‘Effective Date’) by and between Sophisticated & Ubiquitous Arts Architecture
(herein called “the licensor”) andFantasy Hirst (herein called “the Licensee”), the licensor here
deals with the making of maps and all other sophisticated works (i.e. architectural work) both at
digital and normal way and the licensee here is another fantasy architecture that provides online
maps for your dream architectural work and deals with other numerous artworks and other
works.
RECITALS
WHEREAS the Licensor owns all rights in and to the Artwork and retains all rights to the Artwork
that are not transferred herein, and retains al common law copyrights and all federal copyrights
that have been, or that may be granted by the Republic of India; and
WHEREAS,the Licensor owns all proprietary rights and to numerous copyrightable work,
generally describe as fantasy architecture designs and products, all of which are displayed and
viewable at www.s&uaa.comor upon request from licensor, (hereinafter the ‘Work’), and has the
exclusive right to license others to produce, copy, make, or sell the work.
WHEREAS, the licensor has the exclusive right to license others to produce copy, make, or sell
the Artwork;
WHEREAS,Licensee desires to obtain, and Licensor has agreed to grant, a license
authorizing the use of the work by Licensee in accordance with the terms and conditions of this
agreement.
Now, therefore, for and in consideration of the premises and the mutual covenants and
agreements hereinafter set forth and other good and valuable consideration, as set forth herein,
Licensor and Licensee agree as follows:
1. Definitions
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Whenever used in this Agreement with an Initial capital letter, the terms defined I this Articl1 1,
whether used in the singular or the plural, will have the meanings specified below.
1.1 “Terms & Termination” means the term of this Agreement as set forth in the Section
6.
1.2 “Derivation Work” means any derivative works as determined under copyright law
created by Licensee in accordance with the terms of this agreement.
1.3 “Sub License” here can be granted as in the specified in the agreement here.
1.4 “Licensed work” means the numerous copyrightable works, generally described as
licensor products, all of which are displayed and viewable at their respective website.
2. Grants of License
2.1 Licensor hereby grants to Licensee, in accordance with the terms and conditions of this
Agreement, a (non)-exclusive, non-transferrable license to use the Work in the course of its
business and to otherwise copy, make, use and sell the Work, and for no other purpose. Licensee
may copy and sell the Work in accordance with the terms set forth below, for general advertising
materials and point of sale displays, advertising, and other promotional materials for the Work.
Further, Licensee may use the Work in conjunction with an Internet site for the advertisement
and sale of the Work as described herein, but shall not otherwise advertise or sell internationally
without the written permission of Licensor. Any other use shall be made by Licensee only upon
the receipt of prior written approval from Licensor.
2.2 Licensee retains all rights to packaging designs and trade dress, for the promotion,
marketing and sale of the Work which Licensee develops, creates, purchases or otherwise owns.
2.3 Licensee shall not grant sub-licenses without the prior written approval of Licensor
2.4 Licensee hereby accepts such license and agrees that Licensee shall not use the Work except
in accordance with the terms and conditions of this Agreement. Licensee acknowledges and
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agrees that the license granted herein is non-exclusive and that Licensor may license others to
use the Work subject to any limitations set forth herein.
3. Ownership of the work
Licensee acknowledges that Licensor is the sole and exclusive owner of the Work and of all
associated federal registrations and pending registrations, and Licensee shall do nothing
inconsistent with such ownership. Licensee further agrees that it will not claim ownership rights
to the Work, or any derivative, compilation, sequel or series, or related Work owned by or used
by Licensor. Licensee agrees that nothing in this Agreement shall give Licensee any right, title,
or interest in the Work other than the right to use the same in accordance with this Agreement.
4. Development and Commercialization
4.1 Diligence Licensee shall use reasonable efforts to develop, copy and use the licensed
work, and launch them into the commercial market as forth mentioned in this agreement or by
any other means permitted by the terms of this agreement.
4.2 Sub License Licensee shall not grant any rights whatsoever that is non-exclusively
conferred to him by licensor as defined in this agreement, licensor grants the license to
licensee on a non-exclusive and non-transferable basis as aforementioned in Exhibit 2.1
4.3 Commercialization Licensee shall not in any condition is able to copy or reproduce or
use anything from the website that is already copyrighted by the Licensor and there is grant of
non-exclusive license with non-transferable rights.
5. Consideration for Grant of License
5.1 Licensor accepts as consideration for this agreement the non-exclusive, non-transferable
benefits licensor may receive in response to Licensee’s nonexclusive use of the copyrighted
materials and Licensee’s obligations under this Agreement. Licensee accepts as consideration
the License granted by licensor.
5.2 Licensee represents and warrants to Fantasy Hirst that, upon issuance of the shares and
upon issuance of any dilution shares;The clause here refers that on the instance of issuance of
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licensee the license here represents that they have sufficient shares in the market and if they
acted in derogation of any of the conditions then the shares might be at stake for damages and
henceforth the agreement stand cancelled as set forth in terms and condition mentioned in
section 6 of this agreement.
5.3 The Licensee shall, during the term of this Agreement, actively promote the sale of
reproductions of the Artworks, and in general shall seek to exercise the rights hereby granted
to the advantage of both parties with the full exclusivity.
6. Terms and Termination
6.1 This Agreement shall commence as of the Effective Date and shall continue in full
force and effect for a period of one year, and shall automatically renew for additional one year
periods, unless either party provides written notice of non-renewal to the other party, not less
than sixty (60) days prior to the expiration of any one (1) year term.
6.2 In the event that Licensee fails to maintain its good corporate standing in the State of
Republic of India if applicable, Licensor, at its sole discretion may immediately terminate this
Agreement.
6.3 In the event that Licensee seeks bankruptcy, either voluntarily or involuntarily,
Licensor may, at its sole discretion, terminate this Agreement. Upon filing for, or being
subjected to bankruptcy, Licensee shall name Licensor as a creditor for all royalties which are
due, or may become due, under the terms of this Agreement.
6.4 In the event that Licensee sells all of its assets to a third party, or otherwise cease to
exist in its current form, Licensor, at its discretion, may immediately terminate this
Agreement.
6.5 Upon termination or expiration of the license granted under this Agreement by operation
of law or otherwise, all rights (including the right to use the Work) privileges and obligations
arising from this Agreement shall cease to exist, except for Licensee’s obligation to pay
royalties to Licensor pursuant to the terms herein.
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6.6 Upon termination of this Agreement, Licensor agrees to allow Licensee six (6) months
to cease all use of the Work, including a reasonable time to change labels, packaging and
advertising, and twelve (12) months to deplete existing inventories of goods bearing the
Work. Licensee agrees to discontinue use of the Work, upon termination of this Agreement, as
quickly as practicable, and in no event longer than the time specified herein.
7. Fees
7.1 Throughout the term of this Agreement, and for any renewals or extensions of this
Agreement, Licensee agrees to pay Licensor a one-time royalty of Rs 10,000 /- only.
7.2 Licensee shall pay to Licensor a royalty of five percent (5%) of gross receipts from sale of
the Work (gross receipts is the sale price less any rebate, discount or return actually realized)
or Rs.1000 whichever is greater for each quarter. All remaining royalties are to be paid within
ten (10) days of each quarter ending in the months of March, June, September and December.
7.3 Failure of Licensee to make any payment required under this Agreement when such
payment is due, shall, at Licensor’s option, terminate this Agreement. Licensor will provide
written notice to Licensee of termination of this Agreement for failure to make a required
payment, within thirty (30) days from the due date of the payment.
8. Use of Work
8.1 Licensor shall have control over the quality of use of the Work and the quality of goods
sold under the Work. At the option of Licensor, for all advertisements and packaging of the
Work, Licensee shall (i) display with the Work an approved symbol notifying the consumer of
the copyright and/or trademark rights owned by and licensed within this Agreement. Licensor
will provide to Licensee an approved copyright notice to be prominently displayed on each
copy of the Work published. Licensee agrees to (ii) mark all Work with any reasonable
copyright and/or trademark notices provided by Licensor and (iii) comply with any reasonable
standards promulgated by Licensor that relate to the use of the Work by Licensee.
8.2 Upon execution of the Agreement Licensee shall advise Licensor prior to making any
change or modification to the Work, Licensee shall provide Licensor, upon Licensor’s
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request, with representative samples of how Licensee is using the Work, including copies or
examples of how the Work is used on Licensee’s Internet site. If, at any time, any use of the
Work fails to conform to standards set by Licensor, Licensor may provide to Licensee notice
of said failure. Licensee shall cure said failure within thirty (30) days from the date of such
notice, or such longer period as may be reasonably necessary to cure said failure, so long as
Licensee is diligently pursuing the cure. In the event that said failure is not cured within the
period described in the preceding sentence, Licensor may then terminate this Agreement
immediately. If Licensor fails to approve any modifications or changes to the Work within ten
(10) days of Licensee advising Licensor of the proposed changes, Licensor’s approval shall be
deemed to have been granted.
8.3 Upon termination of this Agreement for any reason, Licensee shall be entitled to sell,
distribute, or otherwise dispose of any existing inventory of the Work, but shall otherwise
discontinue immediately all use of the Work or any publication confusingly similar thereto,
cooperate with Licensor in applying to the appropriate authorities to cancel recordation, if
any, of this Agreement from all government records, and destroy all printed materials related
to the Work; and all rights in the Work and the goodwill appurtenant thereto shall revert to
and remain the property of Licensor.
9. Indemnification
9.1 Licensee shall fully indemnify, defend, and hold harmless Licensor from and against
any and all claims, losses, damages, expenses, and liability -- other than those for
infringement, including without limitation, suits arising from offering, promoting, advertising,
sale, or use by Licensee, or any of its authorized sublicenses, of the Work, whether or not such
use conforms to standards set by Licensor, provided that such claim, loss, damage, expense, or
liability does not arise from the negligence of Licensor.
9.2 Licensor shall fully indemnify, defend, and hold harmless Licensee from and against
any and all claims, losses, damages, expenses and liability, including claims of copyright
infringement, arising from Licensee’s authorized use of the Work. Licensor does not agree to
indemnify Licensee for claims of copyright infringement or trade dress infringement directed
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to the appearance or design of the packaging and advertising for the Work which has been
created, or is owned, by Licensee.
9.3 Licensor has the right, but shall not be obligated, to maintain federal registration of the
Work. In the event that Licensee becomes aware of any claimed or alleged infringement of the
Work by a third party, Licensee shall promptly advise Licensor in writing of the nature and
extent of such infringement or dilution. Licensor has no obligation to take any action
whatsoever in the event that any infringement or dilution occurs with respect to the Work, but
Licensor shall have the sole right to determine whether any action shall be taken. In the event
Licensor sues or takes other action, legal, equitable, administrative, or otherwise, to stop an
infringement or dilution of the Work, Licensee shall cooperate fully with Licensor, but
Licensee shall not be obligated to pay any costs or expenses. Licensee has no right to enforce
the Work through litigation without prior written authorization of Licensor. In any legal action
arising from use, or ownership rights of the Work, where both Licensor and Licensee are co-
parties, Licensor retains the right to control the litigation, including any and all settlement
negotiations.
10. Insurance
Upon the reasonable request of Licensor, Licensee agrees to provide to Licensor proof of
general liability insurance, in any minimum amount which is required by the State in which
Licensee is incorporated. Said insurance policy shall provide coverage to any third party for
injuries claimed to arise from the products advertised and sold by Licensee which relate to the
Work and shall also contain a general advertising liability clause, insofar as such clause is
allowed by Federal or State law. The insurance policy shall provide coverage to Licensee for
indemnification of Licensor under the terms of Paragraph 6 herein.
11. Arbitration
All disputes arising from the terms of this Agreement may be subjected to binding arbitration
upon consent of both parties, with one arbitrator selected by each party, and a third arbitrator
selected by the two chosen arbitrators. This Agreement shall be governed by and construed in
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accordance with, the laws of the State of Missouri without regard to the conflicts of laws rules
thereof and any arbitration shall be brought in Missouri using Missouri laws.
12. Validity of works
Licensee admits the validity of all copyrights for the Work and all associated registrations and
acknowledges that any and all rights that might be acquired by Licensee because of its use of
the Work shall inure to the sole benefit of Licensor, provided that this Paragraph 7 shall not
entitle Licensor to all or any portion of the profits or revenues from Licensee’s permitted uses
hereunder, except for the fees described in Paragraph 7.
13. Representation and Warranties
13.1The licensor warrants that he or she is the creator of the original Artworks; that all
rights, including the copyright, in the said works are vested exclusively in with the licensor;
that the licensor has full right and authority to enter into this Agreement; and that the use of
the Artworks in the manner envisaged by this Agreement will not to the knowledge of the
Licensor infringe the rights of any third party. The Licensor further indemnifies the Licensee
against all costs demands claims and proceedings arising in connection with a breach of this
warranty. The provisions of this clause shall survive termination of this Agreement.
13.2 Licensee represents and warrants that it will comply with the set forth condition and
terms that are mentioned in this agreement.
13.3 Licensor gives no rights and makes no warranties with regard to the use of names,
trademarks, logos, registered, unregistered or copyrighted designs or works of art depicted in
any Licensed Material. Further, Licensor makes no representation or warranty as to the
accuracy of any information provided with the Licensed Material.
13.4 Subject to the restrictions and limitations contained in Licensor’s web site, the Invoice,
or under this Agreement, Licensor warrants that it has sufficient rights to grant to Licensee the
limited license under this Agreement and as further described in the accompanying Invoice.
Additionally, Licensor warrants that the digital copy of the Licensed Material (i.e. Artwork of
sophisticated and ubiquitous art) provided by Licensor to Licensee will be free from defects
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(but not visual artifacts inherent in the original Image) for ninety (90) days following delivery;
and, Licensor will as Licensee’s sole and exclusive remedy for Licensee’s inability to use an
Image and at Licensor's sole discretion, provide Licensee with a replacement of the digital
copy of such Image; provided that Licensee has not made any licensed use of the Image.
While Licensor makes efforts to use accurate caption information, Licensor does not warrant
that caption information is accurate. Licensor provides Licensee with its online system on an
"as is" basis. Licensor makes no other warranty, express or implied regarding any Licensed
Material, its online systems, its web site, or any rights or licenses under this Agreement
including, without limitation, any implied warranties of merchantability or fitness for a
particular purpose.
14. Limitation of Liabilities
14.1. Except for any liabilities which cannot by law be excluded or limited, licensor shall
not be liable to license or any other third party claiming through or license for direct, indirect,
incidental, special or consequential damages or lost profits arising out of, or relating to the use
or inability for licensee’s use of the licensed material, whether framed as a breach of contract,
warranty of merchant/ ability, Tittle, non-infringement, or fitness for a particular purpose, in
tort, in contract, failure of essential, purpose, or otherwise. In no event shall licensor’s liability
for licensee’s use of any licensed material provided here under exceed the amount invoiced to
licensee for the use of that licensed material.
15. Time of Performance
15.1FORCE MAJEURE: Neither party shall be considered in default in the performance of its
obligations hereunder if such performance is prevented or delayed because of war, hostilities,
revolution, civil commotion, strike, lock-out, epidemic, accident, fire, wind, catastrophic event or
flood or because of any law, order, proclamation, regulation or ordinance of any government or
of any subdivision thereof or because of any act of God or any other cause beyond the reasonable
control of the party affected (“Force Majeure Event”); provided that the affected party shall have
used its best efforts to avoid such condition and, provided further, that notice of such Force
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Majeure Event is given by the affected party to the other within five (5) days of said Force
Majeure Event. Should one or both of the parties be prevented from fulfilling their contractual
obligations because of a Force Majeure Event lasting continuously for a period of at least six (6)
months, the parties shall consult with each other regarding the future implementation of this
Agreement. The parties agree to use their best efforts to minimize any delays and/or losses, if
any, resulting from such Force Majeure Even
15.2 SEVERABILITY CLAUSE: Any provisions of this Agreement which are prohibited or
unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such
prohibition or unenforceability without invalidating the remaining provisions hereof, and any
such prohibition or unenforceability in any jurisdiction shall not invalidate or render
unenforceable such provision in any other jurisdiction.Henceforth,if one or more of the
provisions in the Agreement is found invalid, illegal or unenforceable in any respect, the validity
and enforceability of the remaining provisions shall not be affected. Any such provisions will be
revised as required to make them enforceable.
16. Miscellaneous
16.1 This Agreement constitutes the entire agreement and understanding of the parties with
respect to the subject matter hereof, superseding any and all prior agreements, understandings,
negotiations, and discussions. No amendment, alteration, modification, or waiver of this
Agreement shall be binding unless evidenced by an instrument in writing signed by the party
against whom enforcement thereof is sought.
16.2 In the event it becomes necessary for either party to file a suit to enforce this Agreement
or any provisions contained herein, and either party prevails in such action, then such
prevailing party shall be entitled to recover, in addition to all other remedies or damages,
reasonable attorney’s fees and court costs incurred in such suit.
16.3 If any provision of this Agreement, or the application of such provision to any person
or circumstance shall be held invalid, the remainder of this Agreement, or the application of
such provisions to any other persons or circumstances, shall not be affected thereby.
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16.4 This Agreement may be executed in several counterparts, each of which shall be
deemed an original, but all of which shall constitute one and the same document
16.5 Notice: Any notice, demand or request required or permitted to be given under the
provisions of this Agreement shall be in writing and delivered personally or by registered or
certified mail, return receipt requested, with postage prepaid and addressed to the following
persons and addresses, or to such other addresses or persons as any party may request by
notice in writing to the other such party:
Licensee: Fantasy Hirst
231 National Avenue.
Opposite to royal enclave, Dalandhar
Aryavrat.
Licensor- Sophisticated & Ubiquitous Arts Architecture,
710 W 7th Street
Opposite to Sai Resort, Dalandhar
Aryavrat.
Any such notice shall be effective when received.
16.6 Independent Business Relationship:Licensor and Licensee are independent contractors
and are not and shall not be construed as joint ventures, partners, employer/employee, or
agents of the other, and neither shall have the power to bind or obligate the other, except as set
forth in this Agreement.
IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date
first above written.
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Licensor Licensee:
By: ______________ By: ____________
Sophisticated & Fantasy Hirst
Ubiquitous Arts Architecture
Time: ______________ Time: _____________
Exhibit A
MOSONOMITTA ARCHITECTURE ARTWORK SERIES
The Mosonomitta architecture artwork map series is a flagship artwork for architectural works
that is designed by the licensor here, licensor here grants a non-exclusive license of copyrighted
work to the license for appropriate use on the aforementioned said terms and conditions. The
work is about the design of modern architect that one can utilize with a tinge of artwork for
modern construction to reshape their houses and other things, the prime essence of copyrighted
license and transfer of same is of the artwork that has been a the original work of licensor. The
work is a set of different artworks that comprises of Artwork for new architectures, successful
process of already made artworks and much more.
Some of the pictures of the work are attached herewith from the entire series of aforementioned
work.