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Stock Photo Licence
"I need a Stock Photo Licence agreement for my advertising agency to license high-resolution photographs from a professional photographer, with exclusive usage rights in the UK and Europe for a 2-year period starting January 2025."
1. Parties: Identifies the licensor and licensee with full legal details
2. Background: Context of the licence agreement and ownership declaration of the photos
3. Definitions: Key terms used throughout the agreement including Licensed Images, Territory, Term, and Permitted Uses
4. Grant of Licence: Scope and nature of the licence being granted, including any exclusivity terms
5. Usage Rights: Specific permitted uses and restrictions for the licensed images
6. Payment Terms: Licence fees, payment conditions, and any recurring charges
7. Duration: Term of the licence and renewal provisions
8. Copyright Notice: Requirements for attribution and copyright notices on published images
9. Warranties and Representations: Legal guarantees regarding ownership and right to license
10. Termination: Conditions for termination and consequences of breach
1. Territory Restrictions: Geographic limitations on usage, used when licence is restricted to specific territories
2. Moral Rights: Photographer's moral rights acknowledgement, used when dealing with artistic works
3. Model/Property Releases: Reference to available releases, used when photos contain identifiable individuals or private property
4. Digital Rights Management: Special provisions for digital usage and protection, used for digital-only licenses
1. Schedule 1: Licensed Images: List and thumbnails of licensed photographs with unique identifiers
2. Schedule 2: Price List: Detailed pricing structure if multiple images or usage types
3. Appendix A: Usage Guidelines: Detailed technical specifications and usage requirements
4. Appendix B: Model Releases: Copies of relevant model or property releases where applicable
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