A New York Licensing Agent Agreement with an Artist is a legal contract that establishes a professional relationship between an artist and a licensing agent in the state of New York, specifically addressing the licensing of the artist's intellectual property rights. This agreement allows the artist to grant the licensing agent the authority to negotiate, enter into, and manage licensing arrangements on their behalf, pertaining to their artistic works, copyrights, trademarks, or any other forms of intellectual property. Keywords: New York, Licensing Agent Agreement, artist, intellectual property rights, licensing arrangements, copyrights, trademarks, professional relationship. There can be different types of New York Licensing Agent Agreements with an Artist, including: 1. Exclusive Licensing Agent Agreement: This type of agreement grants the licensing agent exclusive rights to represent and license the artist's intellectual property. The artist cannot appoint any other licensing agent during the term of the agreement. 2. Non-Exclusive Licensing Agent Agreement: This agreement allows the artist to appoint multiple licensing agents simultaneously to represent and license their intellectual property rights. The artist has the freedom to explore other licensing opportunities with different agents. 3. Limited Licensing Agent Agreement: In this type of agreement, the licensing agent has limited rights to represent and license the artist's intellectual property for a specific period or within a designated geographical area. This agreement sets boundaries and limitations on the agent's authority. 4. Royalty-Based Licensing Agent Agreement: This agreement establishes a structure wherein the artist receives a percentage of revenue, known as royalties, from licensing deals secured by the licensing agent. The terms and conditions regarding royalty rates, payment frequency, and accounting are specified in the agreement. 5. Commission-Based Licensing Agent Agreement: This type of agreement stipulates that the licensing agent receives a percentage-based commission from licensing deals that they secure on behalf of the artist. The commission percentage, payment terms, and other relevant details are outlined in the agreement. 6. Term-Based Licensing Agent Agreement: This agreement defines a specific duration within which the licensing agent will represent and license the artist's intellectual property. It includes provisions for termination, renewal, and any notice periods associated with the agreement's term. By carefully considering the specific terms and conditions in a New York Licensing Agent Agreement with an Artist, both parties can collaborate effectively and ensure a mutually beneficial relationship that maximizes the artist's licensing opportunities while protecting their intellectual property rights.
New York Licensing Agent Agreement with an Artist
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How to fill out New York Licensing Agent Agreement With An Artist?
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Sourcing industry royalty rates Interestingly, LIMA suggests the average rate for art licensing agreements range between 3-6%. Companies or manufacturers selling to mass retailers are pressed hard to keep costs low and can't afford to pay hefty royalties, so expect to see a 3-4% range.
What type of activities does a license agreement restrict? You do not have the right to copy, loan, borrow, rent, or in any way distribute programs or apps. Doing so, is a violation of copyright law; it is also a federal crime.
Licensing agreements are found in many different industries. An example of a licensing agreement is a contract between the copyright holders of software and another company, allowing the latter to use the computer software for their daily business operations.
A license agreement is a business contract between two parties. The licensor (the seller of the license) owns the asset being licensed and the licensee (the buyer) pays for the right to use the license. The licensee pays the owner in exchange for the right to sell the product or use the technology.
Examples of licenses include a company using the design of a popular character, e.g. Mickey Mouse, on their products. Another example would be a clothing manufacturer like Life is Good licensing its designs and brand in a certain country to a local company.
A licensing agreement is a contract between two parties (the licensor and licensee) in which the licensor grants the licensee the right to use the brand name, trademark, patented technology, or ability to produce and sell goods owned by the licensor.
The licensing agreement should explain what the licensee can do with the license. It should say whether the license is exclusive or not. It should also discuss whether the licensor gets to use the license or cedes all rights to the licensee.
Practitioners and licensing executives often refer to three basic types of voluntary licenses: non-exclusive, sole, and exclusive. A non-exclusive licence allows the licensor to retain the right to use the licensed property and the right to grant additional licenses to third parties.
Types of licensing agreement The unique feature of this type of agreement is that even the licensor is excluded to use or exploit the licensed property during the term of the agreement. Copyright, trademark and patent licenses are the best examples of an exclusive license agreement.
Precisely identifying which intellectual property will be the subject of the license is necessary to ensure both parties are on the same page and not exceeding their rights.Scope of the Grant.Exclusivity.Territory.Term.Compensation.Termination.Conclusion.28-May-2019