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Exclusive License Agreement & Terms of Service

This Exclusive License Agreement & Terms of Service (“Agreement”) is made and entered into by the designated business (“Company”) and REP Space. Company has engaged REP Space to photograph, visually record or otherwise create graphics or other images (collectively, “Images”) of the properties agreed upon between both parties. The parties hereby agree, for good and valuable consideration received, the receipt and sufficiency of which is hereby acknowledged, as follows:

  • Company agrees to pay REP Space in consideration of the services rendered and an exclusive license is granted for the previously agreed upon purchase price.

  • License Grant:

  • REP Space hereby grants to Company an exclusive worldwide royalty-free license in perpetuity to reproduce, distribute, display, prepare derivate works of, and publicly perform the Images in connection with the Company, including without limitation such uses of the Images in connection with advertising real property.

  • This exclusive license grant shall include the right to sue for copyright infringement, including without limitation past infringement. To that end, REP Space agrees to assist Company in preparing and filing any copyright applications that cover the Images, including providing any information necessary to prepare such applications.

  • Company acknowledges that REP Space retains title and ownership of the Images.

  • REP Space hereby represents and warrants that it owns all right, title and interest in and to the Images, no third party has any rights in, to, or arising out of the Images, and REP Space has full right and power to enter into this Agreement and grant the license set forth in Section 2.

  • REP Space understands and agrees that it is an independent contractor of Company and nothing in this Agreement shall be construed to create a partnership, or joint venture, between REP Space and Company.

  • The validity, construction and enforceability of this Agreement shall be governed in all respects by the laws of the State of Montana. The terms and conditions set forth herein constitute the entire agreement between the parties and shall supersede all prior agreements. This Agreement may not be amended except in writing signed by the respective parties. The failure of either party to enforce its rights under this Agreement at any time for any period shall not be construed as a waiver of such rights.

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