Start and end of the agreement. Say when the agreement will be reached and when it will end. Describe the possibility of a renegotiation and continuation of the agreement at the end of the agreement. Please consider the circumstances under which the agreement may expire before the expiry of the term. What happens to the possession of the product at the end (usually it is converted into owner)? This article is just a general overview of licensing agreements; It is not complete and should not be used to prepare a legal document. Using a model that you find on the Internet is dangerous because it cannot address certain laws and your own situation. Licensing art means – you retain all the copyright © an image, a license or a “rental,” art to someone for unique use, B for example, in a magazine or advertising campaign, or for longer-term use to print on products such as a t-shirt line or ceramics, greeting cards, etc. Julia, often licensing agreements refer to “net income” and it is defined in the contract. Look in the contract at how Retail Net Revnues and Wholesale Net Revenues are defined. If there is no definition, ask for it to be included so that you fully understand what you agree with.
When it comes to double-fee taxes, it is not uncommon. The royalties they are proposing to you seem reasonable to me. Jesse, thanks for the comment and for reading my blog! As a general rule, you will receive 600 to 1800 $US for each T-shirt theme. (We charge $1,200 per design for existing art and more for art nouveau and offer a slight discount if they use more than one design.) A clothing licensing agreement is an agreement between the licensee and the licensee for the manufacture and sale of goods. Read 4 min The standard licensing agreement below contains an agreement between the licensee “Valerie J Toups” and the licensee “Matthew K Jordan”. Valerie J agrees to allow Matthew K Jordan to use the IP granted under the specified conditions. Hello Maria, I do collage and I was approached recently by a clothing company that is interested in my art. They party with “big DJs” (their words) and usually sell T-shirts at shows and online. You want to use 2 or 3 of my photos (probably a package) for limited editions of 50 T-shirts each for an upcoming line.
Of course, I want to keep the copyright, etc. but I`m pretty new to licensing and I really don`t know how much I should ask per frame. You`re not huge, but have a pretty decent number of followers on Facebook, every tip you`ve got would be appreciated, thank you! – Jesse And when it comes to licensing your art, there are many different ways to be compensated. A percentage of net sales (licensing of licensed products) is the most common form of licensing payment. Net selling costs are calculated by multiplying the licence rate by net sales. For example, a 5% royalty, multiplied by a net turnover of $1,000, is equivalent to a net royalty of $50. Estimates of goods taxes are shown in section A1 above. Return to Agreement A per unit Royalties is related to the number of units sold or produced, not to the total money earned by sales. For example, you can get $0.50 for each licensed product sold or manufactured using a unit charge.
The taker cannot choose both per unit and net revenue. If the licensee intends to license your work for a free distribution, for example. B distribute hundreds of products during a promotion, activate the “manufactured” box. If the licensee puts your work up for sale (not for free), activate the “sold” box. In general, net sales rights are preferred over unit royalties, as revenue can come from sources such as sublicensing, in which case total sales are easier to track.