CONTENT LICENSE AGREEMENT
A content license is an agreement between a content owner (the "licensor") and another person or business entity (the "licensee") in which the licensor gives permission to the licensee to use „content‟ (video, audio, written etc.) for an agreed purpose such placement in the website or different distribution channels of the licensee. This agreement essentially spells out the parties names, identification of the „content‟ that are the subject of the agreement, the specific content right or rights to be licensed, the type of medium where the content is to be used, the authorized purposes, the licensing fee or royalty applicable and the various warranties of both parties with regard to ownership of the content.
Content License Agreement
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CONTENT LICENSE AGREEMENT
THIS CONTENT LICENSE AGREEMENT (the "Agreement") is made as of ______________ (the "Effective Date") between ____________, with ____________________________, ("LICENSEE") and TheStreet.com, L.L.C., ("CONTENT PROVIDER"), a Delaware limited liability LICENSEE, with offices at Two Rector Street, 14th Floor, New York, NY 10006. In consideration of the mutual promises contained herein, the parties agree as follows:
WHEREAS A. LICENSEE maintains site/s on the Internet at ____________________(“Site/s”), and, allows its users to search for and access content and other sites on the Internet. B. CONTENT PROVIDER owns or has the right to distribute certain content (“Content”), more particularly described in Schedule A, and maintains a related site on the Internet at _________________ (the "CONTENT PROVIDER Site"). C. LICENSEE and CONTENT PROVIDER wish to distribute CONTENT PROVIDER‟S content through the LICENSEE‟S Site/s. In consideration of the mutual promises contained herein, the parties agree as follows:
1. GRANT
1.1 GRANT OF LICENSES. Subject to the terms and conditions of this Agreement, CONTENT PROVIDER hereby grants to LICENSEE, under CONTENT PROVIDER‟S Intellectual Site/s Rights: (a) A non-exclusive, worldwide license to use, modify, reproduce, distribute, display and transmit the CONTENT in electronic form in connection with LICENSEE Site/s via the Internet, and to permit users of the LICENSEE‟S Site/s to download and print the Content for personal use. LICENSEE'S license to modify the Content shall be limited to modifying the Content to fit the format and look and feel of the LICENSEE Site/s. (b) A non-exclusive, worldwide, fully paid license to use, reproduce and display the CONTENT PROVIDER‟S corporate identifications, including all copyright, trademark and similar notices (“Marks”): (i) in connection with the presentation of the Content in the LICENSEE Site/s; and (ii) in connection with the marketing and promotion of the LICENSEE Site/s. (c) Subject to the restrictions and obligations herein, LICENSEE shall be entitled to sublicense the rights set forth in this Section 1.1 to ____________________________________________(Add sublicensees if
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applicable). The sublicensees shall be prohibited from granting any further sublicenses of the rights granted hereunder to any other Person without the express prior written approval of CONTENT PROVIDER. All licenses and rights granted are solely in connection with the LICENSEE'S rights and obligations under this Agreement. All such uses will be in compliance with CONTENT PROVIDER‟S written trademark guidelines as provided by CONTENT PROVIDER to the LICENSEE from time to time. (c) The LICENSEE agrees that it will not in any way suggest or imply by the use of the Marks that the Site/s or any of the products or services affiliated with it, are endorsed or sponsored by or created in association with CONTENT PROVIDER except as agreed by CONTENT PROVIDER. The LICENSEE acknowledges t