Aeterna Audio Library Licence Contract
LIMITED MUSIC LICENSE AGREEMENT
This license agreement (hereafter referred to as the "AGREEMENT") is made between thepurchaser (hereafter referred to as the "LICENSEE") and the copyright owner Aeterna Audio Library(hereafter referred to as the "LICENSOR"), in regards to the musical composition, recordings and stems embodied in theTHE WORK mobile application (hereafter referred to as the "Work") on the date of purchase. By the act of purchasing, the LICENSEE commits to the agreement set forth below.
LICENSOR guarantees that it owns and controls the rights represented herein with respect to the recordings and the musical compositions in the Work and has and will hold throughout the TERRITORY and during the DURATION the above listed rights to exploit the Work as contemplated herein. LICENSOR shall indemnify and hold the LICENSEE harmless from any and all claims, liabilities and costs, losses, damages or expenses (including attorney's fees) arising out of any breach, allegation, claim or failure of any covenants or warranties made by the LICENSOR herein.
The mechanical, synchronization, and performance rights granted to the LICENSEE within the AGREEMENT are valid only if the LICENSEE’s project is (1) below an overall budget of $10,000 USD (2) is not affiliated, financed or supported in any way by an incorporated studio, company, or organization. The AGREEMENT is limited to include (1) right to re-mix, duplicate and release the Work as part of a production in whatever medium(s) necessary (i.e. video tape, film, CD-ROM, DVD). If the music is used in software such as a video game application or other software product, the music will be "embedded" with the intention that the end user of the software or video game is unable to extract or use the music on its own; (2) right to use the music as a soundtrack "synced" with visual images as part of a production; and (3) right to use the music as part of the public viewing or broadcast of a production (including but not limited to TV shows, videos, DVDs, Web Sites, podcasts, multimedia presentations, and films). The LICENSOR grants LICENSEE an exclusive perpetual license to use the Work herein.
RIGHTS NOT INCLUDED IN THIS AGREEMENT
The rights granted to the LICENSEE do not permit the LICENSEE to (1) claim authorship of the music represented under this AGREEMENT; (2) transfer, share or sub-lease this license agreement with any other party; (3) copy or duplicate the Work except for use in the LICENSEE'S productions; (4) permit any other individual or third party the right to use the Work in place of the LICENSEE; (5) resell, trade, or exploit for profit the Work contained herein outright or as part of other music and/or audio-related collections, in part or in whole, to any other individual or party (although the music can be sold as part of the production, which is a clear and distinct product from Work itself.)
The territory of this contract is the entire universe.
The term of the contract is effective on THE DATE OF PURCHASE.
The LICENSEE agrees to pay the LICENSOR a one-time fee of $70 USD. The LICENSEE will not owe any future additional royalties or fees to the LICENSOR for future use of the Work within the terms of this AGREEMENT.
The LICENSOR audio tracks, samples and files are protected by international Copyright Laws, and tracked and whitelisted by SoundAudio™ hosting. Failure to comply with the explicit terms of THE AGREEMENT (e.g. illegally sharing files, or usage on a project that exceeds the budgetary restrictions set forth herein) will void THE AGREEMENT and the LICENSEE will be subject to penalties under copyright Infringement Laws.
THIS CONSTITUTES THE ENTIRE AGREEMENT BETWEEN THE PARTIES HEREIN. BY THE ACT OF THE LICENSEE PURCHASING, THE PARTIES AGREE TO THE TERMS OF THIS CONTRACT.