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Copyright License Agreement

This copyright license agreement grants Judah Daniels (User) a non-exclusive license to use Matrix Metal, owned by Jelane Sampram (Owner), from May 9, 2016 to May 9, 2016. The User must pay the Owner a 10% royalty fee per £100 for use of the property. The agreement outlines the rights and obligations of both parties, payment terms, restrictions on modifications, default conditions, lack of warranties, requirements for assignment of rights, indemnification, means for amendment, and termination under 30 days notice or automatically on May 9, 2016.

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332 views

Copyright License Agreement

This copyright license agreement grants Judah Daniels (User) a non-exclusive license to use Matrix Metal, owned by Jelane Sampram (Owner), from May 9, 2016 to May 9, 2016. The User must pay the Owner a 10% royalty fee per £100 for use of the property. The agreement outlines the rights and obligations of both parties, payment terms, restrictions on modifications, default conditions, lack of warranties, requirements for assignment of rights, indemnification, means for amendment, and termination under 30 days notice or automatically on May 9, 2016.

Uploaded by

api-318016388
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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MATRIX METAL INDUSTRY

COPYRIGHT LICENSE AGREEMENT


This Copyright License Agreement (this "Agreement") is made effective as ofMonday 9th May
2016 between Jelane Sampram and Judah Daniels.
This Agreement shall be governed by the laws of United Kingdom. This Agreement will
commence on the Monday 9th May 2016 and continue until the Tuesday 9th May 2016 or until
either party provides written notice of termination to the other party with a 30 days notice.
In this Agreement, the party granting the right to use the licensed property,Jelane Sampram,
will be referred to as the Owner and the party who is receiving the right to use the licensed
property, Judah Daniels, will be referred to as the User.
1.
Owner owns all proprietary rights in and to the copyrightable and/or copyrighted
works described in this Agreement. The copyrighted works will collectively be referred to as
Work.
2.
Owner owns all rights in and to the Work and retains all rights to the Work, which are
not transferred herein, and retains all common law copyrights and all federal copyrights which
have been, or which may be, granted by the Library of Congress.
3.
Owner 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.
The parties agree to abide by the terms as follows:

I. GRANT OF LICENSE.
Owner owns Matrix Metal ("Property"). In accordance with this Agreement, Owner grants User a
non-exclusive license to Use or Sell "under the pretext that Owner agrees the User must pay a
royalty fees of 10% per 100" the Property. Owner retains title and ownership of the Property.
User will own all rights to materials, products or other works (the Work) created by User in
connection with this license. This grant of license applies only to the following described
geographical area:

II. RIGHTS AND OBLIGATIONS.


User shall be the sole owner of the Work and all proprietary rights in and to the Work; however,
such ownership shall not include ownership of the copyright in and to the Property or any other
rights to the Property not specifically granted in this Agreement.

III. PAYMENT.
User agrees to not pay Owner a royalty which shall be calculated as follows:

IV. MODIFICATIONS.
Unless the prior written approval of Owner is obtained, User may not modify or change the
Property in any manner. Licensee shall not use Licensed property for any purpose that is
unlawful or prohibited by these Terms of the Agreement.

V. DEFAULTS ON AGREEMENT.
If User fails to abide by the obligations of this Agreement, including the obligation to make a
royalty payment when due, Owner shall have the option to cancel this Agreement by providing
30 days written notice to User. User shall have the option of taking corrective action to cure the
default to prevent the termination of this Agreement if said corrective action is enacted prior to
the end of the time period stated in the previous sentence. There must be no other defaults
during such time period or Owner will have the option to cancel this Agreement, despite
previous corrective action.

VI. WARRANTIES.
Neither party makes any warranties with respect to the use, sale or other transfer of the
Property by the other party or by any third party, and User accepts the product "AS IS." In no
event will Owner be liable for direct, indirect, special, incidental, or consequential damages, that
are in any way related to the Property.

VII. TRANSFER OF RIGHTS.


Only two consenting parties between the owner and any agreeing group or personal shall have
the right to assign its interests in this Agreement to any other party, unless the prior written
consent of the other party is obtained.

VIII. INDEMNIFICATION.
Each party shall indemnify and hold the other harmless for any losses, claims, damages,
awards, penalties, or injuries incurred by any third party, including reasonable attorney's fees,
which arise from any alleged breach of such indemnifying party's representations and warranties
made under this Agreement, provided that the indemnifying party is promptly notified of any
such claims. The indemnifying party shall have the sole right to defend such claims at its own
expense. The other party shall provide, at the indemnifying party's expense, such assistance in
investigating and defending such claims as the indemnifying party may reasonably request. This
indemnity will survive the termination of this Agreement.

IX. AMENDMENT.
This Agreement may be modified or amended, only if the amendment is made in writing and is
signed by both parties.

X. TERMINATION.
This Agreement may be terminated by either party by providing 30 days written notice to the
other party. This Agreement shall terminate automatically on Tuesday 9th May 2016.
i.
Upon termination or expiration of this Agreement, Licensee User shall cease reproducing,
advertising, marketing and distributing the Work as soon as is commercially feasible. Licensee
shall have the right to fill existing orders and to sell off existing copies of the Work then in stock.
Owner will have the right to verify the existence and validity of the existing orders and existing
copies of the Work then in stock upon reasonable notice to Licensee.
ii.

Termination or expiration of this Agreement shall not extinguish any of Licensee's or

Copyright Owner's obligations under this Agreement including, but not limited to, the obligation
to pay royalties which by their terms continue after the date of termination or expiration.

XI. SEVERABILITY.
If any provision of this Agreement shall be held to be invalid or unenforceable for any reason,
the remaining provisions shall continue to be valid and enforceable. If a court finds that any
provision of this Agreement is invalid or unenforceable, but that by limiting such provision it
would become valid or enforceable, then such provision shall be deemed to be written,
construed, and enforced as so limited.
This Agreement contains the entire agreement of the parties and there are no other promises or
conditions in any other agreement whether oral or written. This Agreement supersedes any prior
written or oral agreements between the parties.

The following signatures make this Agreement effective as of the date first written above.
OWNER

___________________________________
Jelane Sampram

09/05/2016
_________________

LICENSEE/USER

___________________________________
Judah Daniels

_________________

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