The Stock Footage Licence Agreement is essential when businesses or individuals wish to legally use pre-recorded video content owned by others. This agreement, governed by English and Welsh law, provides comprehensive coverage of usage rights, territories, duration, and payment terms. It's particularly relevant in today's digital age where stock footage is increasingly used across multiple platforms and media. The document ensures compliance with UK copyright law while protecting both the footage owner's intellectual property rights and the user's licensed usage rights.
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1. Parties: Identification and details of the licensor and licensee
2. Background: Context of the agreement and ownership confirmation of the footage
3. Definitions: Key terms used throughout the agreement including Licensed Footage, Territory, Term, Permitted Use
4. Grant of Licence: Scope and nature of the licence being granted, including any restrictions
5. Licence Fee: Payment terms and conditions for the footage licence
6. Usage Rights: Specific permitted uses of the footage, including any platform or medium restrictions
7. Term and Termination: Duration of licence and circumstances under which the agreement can be terminated
8. Warranties and Indemnities: Legal guarantees and protections provided by both parties
9. Governing Law and Jurisdiction: Specification of English and Welsh law as governing law and related jurisdictional provisions
1. Territory Restrictions: Geographic limitations on usage - used when the licence is limited to specific territories
2. Credit and Attribution: Requirements for crediting the footage owner - included when attribution is required
3. Exclusivity Provisions: Terms regarding exclusive usage rights - included for exclusive licences
4. Data Protection: Provisions relating to handling of personal data - required if personal data is processed
1. Schedule 1: Licensed Footage: Detailed description of licensed footage including file names, duration, and format
2. Schedule 2: Fee Schedule: Detailed breakdown of licensing fees and payment terms
3. Schedule 3: Technical Specifications: Technical details of the footage including format, resolution, and delivery method
4. Schedule 4: Usage Guidelines: Specific guidelines and restrictions for footage usage, including any technical requirements
Relevant legal definitions
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