Termination Clause In License Agreement

Museum as a licensee: When verifying a license proposed to you, take the time to carefully consider how the conditions were defined, even if they seem at first glance straight. How words are defined should meet your needs and expectations. The definition can affect other parts of the agreement and you always want to make sure that you license content in the way that works for you. Museum as a licensee: It is important to offer the licensee and make the content available under license 24/7. However, there are circumstances that may prevent you from doing so. Try to minimize restrictions on access to content. A change in control protects Part A, which has entered into contracts with Part B, bound from that date by a contract with an unexpected part C that buys Part B, merges with it or otherwise acquires control of Part B. As noted above, agreements between the parties can be “personal.” The control amendment allows a party to terminate the contract in the event of a change of control, allowing each party to be bound by an agreement with an unexpected party that may not be as cooperative or with the same intention for the agreement. When a museum is part of a government agency, it may be necessary to include or exclude certain provisions in its licences. Check this option with your business advisor. In addition, you should understand that other licensees may also be required to include or exclude certain provisions in their licenses and may not be able to negotiate these specific points. Museum as a licensee: pay attention to all sites of a particular licensee.

If the licensee is headquartered in Regina, does he have other physical sites in other provinces or perhaps in other countries? If there is only one physical site, or perhaps no physical place, but only a virtual existence, how does the license cover it? Your museum needs to know who accesses the content from where to ensure that royalties and royalties are reasonable and useful to them in the circumstances. Museum as a licensee: By accepting a shorter duration of the granting of rights, you can reduce the fee for the use of the content. Museum as a licensee: You can only license the content on which you hold the rights, or you may own the license of others. Always check to see if you own the rights, for example. B for works in your collections and works prepared by independent professionals. By owning the physical work or paying a freelancer to do work for you, your museum does not automatically own the copyright to these works.