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Typical Stock Footage Usage Agreement

Stock Footage Usage License

Guy Neal Williams ("GNW") hereby grants to, Your Company through its representative, Your  Name, ("Licensee"), a non-exclusive license (the "License") to use film/tape footage from GNW's footage library (the "Library") solely as described below.

GNW will provide to Licensee, on loan, 1/2" BetaCam SP tapes from the Library from which the segments specified in Attachment A have been chosen for use by Licensee (the "Footage"). Licensee agrees to report to GNW the exact number of seconds and frames of the shots used and to return the tapes immediately after usage. Licensee hereby acknowledges receipt and acceptance of the Footage.

The Licensee agrees to pay to GNW a fee not to exceed $XXX for VHS Dubs, or $XXX for BetaCam SP Dubs, a research and screening fee of $XXX, and a License Fee of $XX/second for each second of footage used, with a minimum charge of $XXX. Licensee also agrees to pay for all costs incurred in the shipping and retransfer of the Footage by GNW to the Licensee. A Kill Fee will be charged, not to exceed $XXX, if reproduction quality footage is supplied to the Licensee that is subsequently not used. The Licensee shall pay all fees due GNW promptly upon receipt of GNW's invoice.

Licensee shall have the non-exclusive right to use the Footage only in its productions, Your Production Name, and in perpetuity from the date hereof in the World Wide Markets (the "Territory").

GNW warrants and represents that it has obtained all rights, authorizations and licenses necessary to permit the grant of this License to Licensee. No other warranties or representations by GNW are expressed or implied, and GNW's liability to Licensee in the event of a breach of the foregoing representations and warranties shall be limited to the amount of the License Fee.

Licensee shall indemnify and hold GNW harmless from any and all liability, loss, claims or damages (including attorney's fees and costs) arising out of Licensee's material breach of this License. In addition to any other rights it may have against Licensee, GNW shall have the right to immediately terminate this License upon Licensee's breach thereof. Upon such termination, Licensee shall promptly return the Footage and all other GNW-owned materials then in Licensee's possession to GNW at Licensee's sole cost, and GNW shall have no further liability to License hereunder.

Please acknowledge your acceptance of and agreement to the foregoing License terms by e-mailing an acceptance to sales@naturestockshots.com and by signing two copies of this agreement and returning both immediately to GNW. A fully executed copy will be returned to you for your records.

____________________________ Address:   PO Box 280
Guy Neal Williams                    Date City:   Sedona, AZ 86339
Phone:   928 282-0804
Your Company   
____________________________ E-mail:   
For Your Company               Date   

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Nature Stock Shots, Sedona, AZ
Phone: 928 282-0804      E-mail: info@naturestockshots.com
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Last modified: January 8, 2017