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A Stock Photo Licence is essential for businesses and individuals seeking to legally use professional photographs in their operations. This agreement, governed by English and Welsh law, establishes the terms under which photographs can be used, including usage rights, territorial scope, and duration. It provides necessary protections for both the copyright holder and the licensee, ensuring compliance with relevant legislation including the Copyright, Designs and Patents Act 1988. The document is particularly relevant in today's digital age where image usage needs to be clearly defined and properly licensed.

1. Parties: Identifies the licensor and licensee with full legal details

2. Background: Context of the licence agreement and ownership declaration of the photos

3. Definitions: Key terms used throughout the agreement including Licensed Images, Territory, Term, and Permitted Uses

4. Grant of Licence: Scope and nature of the licence being granted, including any exclusivity terms

5. Usage Rights: Specific permitted uses and restrictions for the licensed images

6. Payment Terms: Licence fees, payment conditions, and any recurring charges

7. Duration: Term of the licence and renewal provisions

8. Copyright Notice: Requirements for attribution and copyright notices on published images

9. Warranties and Representations: Legal guarantees regarding ownership and right to license

10. Termination: Conditions for termination and consequences of breach