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License Agreement

Grant of Rights:

In consideration of the Licensee agreeing to pay the License Fee, the Licensor grants to the Licensee:

 

1/.      The Designated Rights to the Footage during the License Period for the Number of
Transmissions stated in the Territory on a non-exclusive basis

   

Term & conditions:

 

       The Licensor warrants to the Licensee that:

 

1/.      It has the right to grant the rights granted by this agreement.

  1. It has obtained all necessary clearances and paid all residuals

and/or fees necessary for the exercise by the Licensee of the rights granted by this agreement.

 

  1. The exercise or purported exercise of such rights by the Licensee will not constitute a breach of copyright or be defamatory or obscene, or in any way whatsoever infringe the property or other rights of any third person

 

2/.      The Licensor agrees to indemnify the Licensee against any loss or damage (including any legal costs) of expenses and any compensation costs, damages and disbursements paid by the Licensee on the advice of counsel to compromise or settle any claim) occasioned to the Licensee in consequence of any breach of the warranties and representations made in this agreement by the Licensor.

3/.          The Licensee warrants to the Licensor that:

 

  1. a) The Footage will only be used by the Licensee pursuant to the

                   Designated Rights.

  1. b) The Licensee shall return to the Licensor all tapes

                   of the Footage supplied to it within 14 days of completion of the

                   Licensee's Production in which the Footage is to be included.

 

  1. c) The Licensee shall not on-sell or authorize the sale of the Footage

                   to any third party.

  1. d) The Licensee shall not authorize or grant any third party the use of

                   the Footage other than for the purposes of the Licensee as

                   defined in the Designated Rights.

4)                 The Licensee agrees to indemnify the Licensor against any

                   loss or damage (including any legal costs or expenses and

                   any compensation costs, damages and disbursements paid by

                   the Licensor on the advice of counsel to compromise or

                   settle any claim ) occasioned to the Licensor in

                   consequence of any breach of the warranties and

                   representations made in this agreement by the Licensee.

5)                 The Licensee undertakes to supply free of charge to the

                   Licensor, within 10 days of completion of the Licensee's

                   production using the footage, a VHS video tape or DVD or CD of the

                   Licensee's Production so as to verify the use of the footage.

 

6)                The Licensee agrees to include in the production credits:

Footage supplied by Tony Monk Films
www.tonymonkfilms.com

7)                 This agreement shall be in accordance with the laws of New

                   Zealand

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