{"id":10224,"date":"2022-01-13T05:18:53","date_gmt":"2022-01-13T05:18:53","guid":{"rendered":"https:\/\/swaritadvisors.com\/blog\/?p=10224"},"modified":"2022-01-13T05:20:39","modified_gmt":"2022-01-13T05:20:39","slug":"copyright-licensing-agreement","status":"publish","type":"post","link":"https:\/\/swaritadvisors.com\/blog\/copyright-licensing-agreement\/","title":{"rendered":"Everything You Need to Know About Copyright Licensing Agreement"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Copyright\nis a legal or official term used to describe the rights that creators have over\ntheir artistic works &amp; literary works. Works covered by Copyright range\nfrom music, paintings, films, computer programs, maps, databases, technical\ndrawings, and advertisements. The Copyright Law not only safeguards but also\ngives the exclusive rights covered in the creator of a copyrighted work by\nvirtue of their labour &amp; investment. Hence, the content creator can reap\nthe benefits from their work by generating wealth through the mode of licenses\nand assignments to maximise incentivisation. In this write-up, we will discuss\nCopyright Licensing Agreement and its clauses.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2aca89a5fda\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2aca89a5fda\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/swaritadvisors.com\/blog\/copyright-licensing-agreement\/#What_is_Copyright_Licensing\" title=\"What is\nCopyright Licensing?\">What is\nCopyright Licensing?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/swaritadvisors.com\/blog\/copyright-licensing-agreement\/#Why_is_the_Copyright_Licensing_agreement_Necessary\" title=\"Why is the\nCopyright Licensing agreement Necessary?\">Why is the\nCopyright Licensing agreement Necessary?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/swaritadvisors.com\/blog\/copyright-licensing-agreement\/#Some_Vital_Clauses_in_a_Copyright_Licensing_Agreement\" title=\"Some Vital\nClauses in a Copyright Licensing Agreement\">Some Vital\nClauses in a Copyright Licensing Agreement<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/swaritadvisors.com\/blog\/copyright-licensing-agreement\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Copyright_Licensing\"><\/span>What is\nCopyright Licensing?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><a href=\"https:\/\/swaritadvisors.com\/copyright-licensing\" class=\"text-primary\"><strong>Copyright Licensing<\/strong><\/a> is a mode of transferring rights for the utilisation of the copyrighted work, without which any act done would be equivalent to violation or infringement. The transfer of rights could relate to the right of publishing, making translations, broadcasting, etc., or a combination thereof. The right may be created in a pre-existing work or in a work that is yet to come into existence on a prescribed date. Hence, it\u2019s a transfer of precise interest for a predetermined duration in turn of compensation for the mutual benefit of the Copyright owner, known as the Licensee and the party to whom the right is transferred, known as the Licensor.<\/p>\n\n\n\n<p>Hence,\nCopyright Licenses can either be exclusive or non-exclusive, and the exclusive\nlicense gives only the Licensee the right or authority to use the copyrighted\nwork for the length of the agreement while restraining other companies from\nexercising such rights. Equally, where a non-exclusive license is provided, the\nsame right transferred to the Licensee can be exercised by other legal parties\nsimultaneously.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_is_the_Copyright_Licensing_agreement_Necessary\"><\/span>Why is the\nCopyright Licensing agreement Necessary?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Drafting or preparing a Copyright Licensing Agreement is vital since any mode of transfer or assignment is considered valid in the law\u2019s eyes only if it is lessened in writing and is signed by the parties\/their duly authorised agent as also laid under <strong><em>Section 19 of the Indian Copyright Act, 1957<\/em><\/strong><sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Copyright_law_of_India\" class=\"text-primary\"><strong>[1]<\/strong><\/a><\/sup>. The assignment clearly set the parameters of the permissible and impermissible acts describing the scope of its operation. Drafting of the Copyright Licensing Agreement requires a lot of care &amp; Due Diligence, ensuring all the clauses captures the correct essence of the agreement to avoid any severe damage to either party. Therefore, it\u2019s also vital to negotiate and maintain a balance of interest for both parties to avoid unwanted prejudice, which can later be approved in courts.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Vital_Clauses_in_a_Copyright_Licensing_Agreement\"><\/span>Some Vital\nClauses in a Copyright Licensing Agreement<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Following\nprovisions form an essential part of Copyright Licensing in an agreement:<\/p>\n\n\n\n<ol><li><strong><em>Title<\/em><\/strong>:\nThe agreement begins with the title, namely <strong><em>\u201cCopyright Licensing Agreement\u201d\nor \u201cLicensing Agreement<\/em><\/strong>\u201d. Thereafter, the parties, contact details m\nand their registered addresses are laid down.<\/li><li><strong><em>Definition<\/em><\/strong>:\nIt is also known as Interpretation Clause, which recognises and defines vital\nterms used in the agreement. This ensures that there is no scope of ambiguity\nand it also provides cross-referencing when required, avoiding the need to\nclarify every time the defined terms are used in the primary body of the agreement.\nThis boosts the presentation of the Copyright Licensing Agreement alongside\nkeeping it accurate and to the point. Terms like permitted use, royalty, 3<sup>rd<\/sup>\nparty, etc., are generally defined here.<\/li><li><strong><em>Consideration<\/em><\/strong>:\nThis is a vital part of any licensing contract or agreement. The clause lays\ndown the amount of consideration which the Licensee shall pay to the Licensor\nin lieu of using the copyrighted work in the form of royalties. The payment of deliberation\nmay depend on the sales made or profits accrued, or a combination of both the\nprior stated factors. Hence, the mode of estimating the consideration is recognised\nclearly. It also creates a compulsion on the Licensee to maintain a record of\nall such profits or sales made by them for the purpose of auditing. <\/li><li><strong><em>Grant of Rights and License<\/em><\/strong>:\nThis is the most vital clause in this agreement as it lays down the scope of\nuse of such a license, exceeding which any act of the Licensee would comprise\nan act of violation or infringement.<\/li><li><strong><em>Indemnification<\/em><\/strong>:\nThis clause recognises the course of action in the event of damage or loss\ncaused by a violating act by the other party in contravention of the allowed\nacts laid in the agreement. It lays down in which situations and to what extent\nshall the parties be covered. The aids to make good of the loss suffered by\nanother party. The clause can state the extent of indemnity as well. It may be\na fixed amount\/based on fractions of damages, or some parts may be fixed while\nthe others may depend on the ratio of damage caused.<\/li><li><strong><em>Parties\u2019 Obligation<\/em><\/strong>:\nOnce the rights have been carried out, it is vital to narrate the duties since\nwhere there is a right; there is always a corresponding duty. Such obligations\nare usually concerned with mutual respect for the Copyright works shared by\nboth parties in furtherance of this contract whereby each party agrees to not\nreveal any information shared with another. It can extend to other types of IPR\nsuch as Trademarks, Trade Secrets, Copyrights in manuals of use, instructional\ntexts, and other valuable works shared in confidence.<\/li><li><strong><em>Changes and Modifications<\/em><\/strong>:\nThis clause is material not only to the Licensee but also to the Licensor since\nit establishes the right of both the parties in the event of any changes made\nto the actual work. It recognises the owner of the significant work and the\nextent of ownership.<\/li><li><strong><em>Dispute Resolution<\/em><\/strong>:\nWhen any dispute arises between the parties in the event of any dispute arising\nout of this agreement. The choice of dispute resolution can range from\narbitration, litigation, conciliation, which shall depend on the parties.<\/li><li><strong><em>Governing Law<\/em><\/strong>:\nIt determines the law that governs the said Copyright Licensing Agreement. This\nmay be understood when both the parties are mainly operating in the same\njurisdiction, but it shall still be incorporated.<\/li><li><strong><em>Other\nclauses<\/em><\/strong>: In a clause where there is the revelation\nof information or details, there shall be a clause on warranties and\nrepresentation, which shall be an assertion of existing facts. Other than this,\nclauses like severability, notice and entire agreement shall be added. Any\nother additions to the agreement which can be projected as an attachment in the\nform of annexure\/schedules shall be utilised as such. The Copyright Licensing\nAgreement shall be concluded with the signing &amp; signatures of parties\nstating their assent to all the terms incorporated in the agreement.<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p> A Copyright Licensing Agreement is essential to the author or creator of the copyrighted work, given the effort, time, and capital invested thereof. Hence, it is vital to keep the clauses as mentioned above and in careful consideration before concluding any agreement of the like nature to prevent any damage to either party. Once drafted, repetitive revisions ought to be avoided to make sure that the intent of both parties is shown in their best interests. <\/p>\n\n\n\n<p class=\"text-left\"><b>Read our Article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/swaritadvisors.com\/blog\/how-can-you-monetise-copyright-needs-license\/\">How can you Monetise Copyright?- Needs &amp; License\n<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Copyright is a legal or official term used to describe the rights that creators have over their artistic works &amp; literary works. Works covered by Copyright range from music, paintings, films, computer programs, maps, databases, technical drawings, and advertisements. The Copyright Law not only safeguards but also gives the exclusive rights covered in the creator [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":10231,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[19],"tags":[963],"acf":[],"_links":{"self":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/10224"}],"collection":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/comments?post=10224"}],"version-history":[{"count":15,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/10224\/revisions"}],"predecessor-version":[{"id":10240,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/10224\/revisions\/10240"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/media\/10231"}],"wp:attachment":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/media?parent=10224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/categories?post=10224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/tags?post=10224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}