EXCLUSIVE LICENSE AGREEMENT
This Exclusive License Agreement (“Agreement”) is made and entered into between NAME (“Brokerage”) and Ukko Aerial Solutions LLC (“Photographer”) and applies to all negotiated engagements occurring on or after the date coinciding with the signature of the Photographer. Both parties hereby agree, for good and valuable consideration received, the receipt and sufficiency of which is hereby acknowledged, as follows:
a. Brokerage agrees to pay all invoices in full within 30 days of the date of the electronic delivery of the invoice.
b. Photographer agrees to send all final images before sending the coinciding invoice.
2. License Grant
a. Photographer herby grants to Brokerage an exclusive worldwide royalty-free license in perpetuity to reproduce, distribute, display, prepare derivative works of, modify and publicly perform the Images in connection with the real estate industry, including without limitation such uses of the Images in connection with advertising real property, to modify ay metadata as necessary, and to authorize and sublicense such rights to third parties at Brokerage’s discretion.
b. Brokerage is under no obligation to credit Photographer or any other third party as the author or owner of the Images.
c. The exclusive license granted to the Brokerage becomes invalid if the coinciding invoice has not been paid in full within 30 days of the date of the electronic delivery of the invoice (1.a.).
3. Photographer Rights
a. Brokerage acknowledges that Photographer retains all right, title, interest and ownership of the Images.
b. Photographer may use all Images provided for any reason; including and not limited to: social media, flyers and all forms of advertisement.
4. Relationship Between Parties
a. Both parties understand and agree that Photographer is an independent contractor of Brokerage and nothing in this Agreement shall be construed to create a partnership, or join venture, between Photographer and Brokerage.
5. Colorado Law
a. The validity, construction and enforceability of this Agreement shall be governed in all respects by the laws of the State of Colorado. The terms and conditions set forth herein constitute the entire agreement between the parties and shall supersede all prior agreements. This Agreement may not be amended except in writing signed by the respective parties. The failure of either party to enforce its rights under this Agreement at any time for any period shall not be construed as a waiver of such rights.
IN WITNESS WHERE, the Parties have executed this Agreement as of the dates coinciding with their signature below: