This content license agreement template has 6 pages and is a MS Word file type listed under our human resources documents.
Sample of our content license agreement template:
CONTENT LICENSE AGREEMENT This Content License Agreement (the "Agreement") is effective [DATE], BETWEEN: [LICENSOR NAME] (the "Licensor"), an individual/entity organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its principal place of business located at: [YOUR COMPLETE ADDRESS] AND: [LICENSEE NAME] (the "Licensee"), an individual/entity organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its principal place of business located at: [COMPLETE ADDRESS] WHEREAS, the Licensor owns certain intellectual property rights in the content described in Schedule A attached hereto (the "Content"); and WHEREAS, the Licensee desires to obtain from the Licensor, and the Licensor agrees to grant, a license to use the Content under the terms and conditions set forth herein; NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, the Parties hereto agree as follows: GRANT OF LICENSE License Grant: The Licensor hereby grants to the Licensee a [EXCLUSIVE/NON-EXCLUSIVE], [WORLDWIDE/TERRITORIAL], royalty-bearing license to use, reproduce, display, and distribute the Content as described in Schedule A, solely for the following purpose(s): [DESCRIBE PURPOSE, e.g., commercial use, promotional activities, educational purposes]. Sublicensing: The Licensee [may/may not] sublicense the rights granted under this Agreement to third parties without the prior written consent of the Licensor. TERM AND TERMINATION 2.1 Term: This Agreement shall commence on [START DATE] and shall continue for a period of [NUMBER OF YEARS/MONTHS] years/months, unless terminated earlier in accordance with the terms of this Agreement. 2.2 Termination for Cause: Either Party may terminate this Agreement immediately if the other Party breaches any material obligation under this Agreement and fails to cure such breach within [NUMBER OF DAYS] days of receiving written notice of the breach. 2.3 Effect of Termination: Upon termination of this Agreement, the Licensee shall cease all use of the Content and shall return or destroy any copies of the Content in its possession, except as otherwise agreed in writing by the Licensor. Any sublicenses granted by the Licensee prior to termination shall survive termination, subject to the terms of this Agreement. FEES AND ROYALTIES 3.1 License Fee: The Licensee agrees to pay the Licensor a one-time license fee of [AMOUNT] upon execution of this Agreement. 3.2 Royalties: In addition to the license fee, the Licensee agrees to pay the Licensor a royalty of [PERCENTAGE]% of gross revenue generated from the Licensee's use of the Content. Royalties shall be payable on a [monthly/quarterly] basis, with payments due within [NUMBER OF DAYS] days following the end of each period. 3.3 Audit Rights: The Licensor shall have the right to audit the Licensee's records to ensure the accuracy of royalty payments. The Licensee agrees to provide reasonable access to its financial records for such audit purposes upon [NUMBER OF DAYS] days' written notice. INTELLECTUAL PROPERTY RIGHTS 4.1 Ownership of Content: The Licensor retains all right, title, and interest in and to the Content, including all intellectual property rights. This Agreement does not transfer ownership of the Content to the Licensee. 4.2 Use of Trademarks and Copyrights: The Licensee shall use the Licensor's trademarks, copyrights, and other proprietary marks associated with the Content only in accordance with the guidelines provided by the Licensor. WARRANTIES AND REPRESENTATIONS 5
