This is a multi-state form covering the subject matter of the title.
Maryland License Agreement with Attachments between Site-Based Media, Inc. and NBC Site Media, Inc. Introduction: The Maryland License Agreement is a legally binding contract between Site-Based Media, Inc. (SBM) and NBC Site Media, Inc. (NBC) that governs the license and usage rights of various media content in Maryland. This detailed description provides an overview of the agreement, its purposes, and the key attachments involved to ensure a comprehensive understanding. 1. License Agreement Overview: The Maryland License Agreement outlines the terms and conditions under which SBM grants NBC the rights to use, distribute, and display specific media content within the state of Maryland. This agreement aims to establish a mutually beneficial partnership while protecting the intellectual property rights of both parties. 2. Parties Involved: a. Site-Based Media, Inc. (SBM): A media production and distribution company based in Maryland. b. NBC Site Media, Inc. (NBC): A subsidiary of NBC Universal, a renowned media conglomerate, with a specific focus on Maryland-based content distribution. 3. Types of License Agreements: a. Content Licensing Agreement: This type of agreement enables NBC to license and use SBM's content for various purposes such as broadcasting, streaming, and promotional activities in Maryland. b. Territory License Agreement: In this agreement, SBM grants NBC the exclusive or non-exclusive rights to use their content solely within the state of Maryland. This ensures that NBC has a defined territorial scope to exploit the licensed content. 4. Key Terms and Conditions: The Maryland License Agreement includes terms and conditions that both SBM and NBC must adhere to. Some essential clauses typically included are: a. Grant of Rights: SBM grants NBC the right to use specific media content produced by SBM within Maryland for a predetermined duration. b. Usage Restrictions: NBC agrees to use the licensed content solely for the purposes specified in the agreement, preventing any unauthorized exploitation or distribution. c. Payment Terms: The agreement determines the financial aspects of the license, including payment schedules, royalties, and any additional compensation owed to SBM. d. Termination Clause: This outlines the conditions under which either party can terminate the agreement, such as breach of contract, non-payment, or expiration of the agreed-upon duration. e. Dispute Resolution: A mechanism to resolve any disputes arising from the agreement, typically involving mediation or arbitration, is included to ensure a fair resolution. 5. Attachments: Various attachments further complement the Maryland License Agreement, including but not limited to: a. Exhibit A: Content Catalog — A comprehensive catalog listing the specific media content covered by the agreement along with their respective usage rights and restrictions. b. Exhibit B: Performance Metrics — This attachment establishes performance metrics or audience measurement requirements to evaluate the effectiveness of NBC's usage and distribution of SBM's content in Maryland. c. Exhibit C: Technical Specifications — Detailed technical specifications that NBC must adhere to regarding the format, resolution, and quality standards for the content licensed under the agreement. d. Exhibit D: Confidentiality Agreement — A separate agreement that ensures the protection of any confidential information shared between SBM and NBC during the execution of this license agreement. Conclusion: The Maryland License Agreement between Site-Based Media, Inc. and NBC Site Media, Inc. defines the rights, obligations, and usage parameters regarding specific media content within Maryland. This agreement, along with its various attachments, offers a framework for a collaborative and mutually beneficial partnership between the two parties, ultimately benefiting the viewers and consumers of the licensed content.
Maryland License Agreement with Attachments between Site-Based Media, Inc. and NBC Site Media, Inc. Introduction: The Maryland License Agreement is a legally binding contract between Site-Based Media, Inc. (SBM) and NBC Site Media, Inc. (NBC) that governs the license and usage rights of various media content in Maryland. This detailed description provides an overview of the agreement, its purposes, and the key attachments involved to ensure a comprehensive understanding. 1. License Agreement Overview: The Maryland License Agreement outlines the terms and conditions under which SBM grants NBC the rights to use, distribute, and display specific media content within the state of Maryland. This agreement aims to establish a mutually beneficial partnership while protecting the intellectual property rights of both parties. 2. Parties Involved: a. Site-Based Media, Inc. (SBM): A media production and distribution company based in Maryland. b. NBC Site Media, Inc. (NBC): A subsidiary of NBC Universal, a renowned media conglomerate, with a specific focus on Maryland-based content distribution. 3. Types of License Agreements: a. Content Licensing Agreement: This type of agreement enables NBC to license and use SBM's content for various purposes such as broadcasting, streaming, and promotional activities in Maryland. b. Territory License Agreement: In this agreement, SBM grants NBC the exclusive or non-exclusive rights to use their content solely within the state of Maryland. This ensures that NBC has a defined territorial scope to exploit the licensed content. 4. Key Terms and Conditions: The Maryland License Agreement includes terms and conditions that both SBM and NBC must adhere to. Some essential clauses typically included are: a. Grant of Rights: SBM grants NBC the right to use specific media content produced by SBM within Maryland for a predetermined duration. b. Usage Restrictions: NBC agrees to use the licensed content solely for the purposes specified in the agreement, preventing any unauthorized exploitation or distribution. c. Payment Terms: The agreement determines the financial aspects of the license, including payment schedules, royalties, and any additional compensation owed to SBM. d. Termination Clause: This outlines the conditions under which either party can terminate the agreement, such as breach of contract, non-payment, or expiration of the agreed-upon duration. e. Dispute Resolution: A mechanism to resolve any disputes arising from the agreement, typically involving mediation or arbitration, is included to ensure a fair resolution. 5. Attachments: Various attachments further complement the Maryland License Agreement, including but not limited to: a. Exhibit A: Content Catalog — A comprehensive catalog listing the specific media content covered by the agreement along with their respective usage rights and restrictions. b. Exhibit B: Performance Metrics — This attachment establishes performance metrics or audience measurement requirements to evaluate the effectiveness of NBC's usage and distribution of SBM's content in Maryland. c. Exhibit C: Technical Specifications — Detailed technical specifications that NBC must adhere to regarding the format, resolution, and quality standards for the content licensed under the agreement. d. Exhibit D: Confidentiality Agreement — A separate agreement that ensures the protection of any confidential information shared between SBM and NBC during the execution of this license agreement. Conclusion: The Maryland License Agreement between Site-Based Media, Inc. and NBC Site Media, Inc. defines the rights, obligations, and usage parameters regarding specific media content within Maryland. This agreement, along with its various attachments, offers a framework for a collaborative and mutually beneficial partnership between the two parties, ultimately benefiting the viewers and consumers of the licensed content.