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The Stock Footage License Agreement is essential when businesses or individuals need to legally use pre-recorded video content in Singapore. This agreement type is particularly relevant in today's digital media landscape, where stock footage usage has become increasingly common. It addresses key aspects including usage rights, territorial restrictions, payment terms, and intellectual property protection under Singapore law. The document is designed to protect both the footage owner's rights and the licensee's interests while ensuring compliance with Singapore's Copyright Act and media regulations. It's particularly important for establishing clear terms of use, preventing unauthorized distribution, and maintaining proper attribution requirements.
