Terms of Service – Stock Images

SIMPLIFIED END USER LICENSE AGREEMENT

THIS IS A LEGAL AGREEMENT BETWEEN YOU (“LICENSEE”) AND Michael van Emde Boas, Consultancy BV, ITS SUBSIDIARIES, AFFILIATES, OFFICERS, DIRECTORS, AND ANYONE ACTING ON ITS BEHALF AND WITH ITS AUTHORITY (“COMPANY” or “LICENSOR”). BY ACCEPTING AND USING THE ASSETS AND BY CLICKING THE “I ACCEPT” BUTTON, YOU AGREE TO BE BOUND BY THE TERMS OF THIS AGREEMENT.

Definitions

“Assets” means all types of visual content, including without limitation still photography, motion film or video and may have an audio component, whether generated optically, electronically, digitally or by any other means, and shall include all metadata, keywords, descriptions and captions associated therewith. Any reference to Assets includes the whole or the part.

“Invoice” means the agreement provided by COMPANY or an authorized distributor that includes among other terms, the permitted scope of use of the Assets selected any limitations on the use of the Assets and the LICENSEE fee that corresponds to the use. The Invoice shall be incorporated into this Agreement and all references to the Agreement shall include the Invoice.

Grant of Rights

Unless stated otherwise in the Invoice, COMPANY grants to LICENSEE a non-exclusive, non-sub-licensable and non-assignable right to reproduce, display, broadcast, transmit, or create a derivative work (collectively “use”) the Assets identified in the Invoice, solely to the extent the use is explicitly stated in the Agreement. Asset(s) licensed for editorial purposes may be cropped for placement purposes, provided that the editorial integrity of the Assets is not compromised, but shall not, under any circumstances, otherwise be rotated, altered, changed or manipulated, or combined with other Asset(s) without COMPANY’s prior written permission.

If LICENSEE is obtaining rights on behalf of a client, it may permit the client to exercise the rights granted, provided the client or any subcontractor or employee agrees to use the Asset(s) as limited in the Invoice and agrees to be bound by the terms of the Agreement. Notwithstanding the foregoing, LICENSEE and client remain jointly and severally liable and responsible for all uses. No ownership or copyright in any Asset shall transfer to LICENSEE by the grant of the license contained in this Agreement or Invoice. Unless explicitly stated in an invoice, licensee may not use the Assets in connection with an immutable digital asset intended for sale, including but not limited to non-fungible tokens. All rights not expressly granted to the LICENSEE are reserved to COMPANY and the copyright holder.

Restrictions As To Use

The use of the licensed Asset(s) is strictly limited to the use, medium, period of time, print run, placement, size of Asset, territory and any other restrictions specified in the Invoice. LICENSEE may not use nor permit the use of the licensed Asset(s) beyond the terms of the limited license Agreement without first obtaining an additional license, including any electronic reproduction (e.g., web site, social media, mobile applications, e-reader) or promotional rights.

LICENSEE may not use any Asset in a manner that is defamatory, pornographic or obscene, whether directly or in context or juxtaposition with specific subject matter.

LICENSEE may not incorporate the licensed Asset in any logo, trademark or service mark.

LICENSEE may not make the Asset(s) available in any medium in a manner intended to allow or invite a third party to download, extract or access the Asset(s) as a standalone file.

LICENSEE may not archive, republish or transmit any Assets on any database or to a network, social networking site or bulletin board or otherwise distribute or allow any of the Assets to be distributed to or used by anyone other than the authorized users, without prior written consent from COMPANY.

Unless otherwise expressly licensed, Asset(s) may not be modified, reconfigured or repurposed for use in any mobile-directed web sites or mobile applications that are specifically created for viewing of Asset(s) on mobile devices.

LICENSEE may not use the Asset(s) contrary to any restriction on use provided to LICENSEE prior to or at the time the Asset is delivered to LICENSEE. Restrictions may be provided with the Asset information located on COMPANY’s or any authorized distributor’s website or otherwise communicated.

LICENSEE may not use any of the Assets in any manner prohibited by any export laws, restrictions or regulations.

LICENSEE may not sell or license derivative works of the Asset(s).

Sensitive Use Disclaimer

LICENSEE may not use the Assets in any manner that would be deemed offensive to the model(s). Offensive uses include but are not limited to the use of an Asset that involves or implies illegal activities, adverse medical conditions or procedures, other adverse health or mental health issues, substance abuse, welfare or economic aid, dating agencies, sexual preference, teen pregnancy, abortion and adoption, political or religious affiliation, smoking or alcohol usage, feminine hygiene, incontinence or impotence.

If any Asset featuring a model is used in:

(i) a manner that would lead a reasonable person to believe that the model personally uses or endorses a product or service; or

(ii) in connection with a subject that would be unflattering or controversial to a reasonable person, LICENSEE must accompany each such use with a conspicuous statement that indicates that the person so pictured is a model and the Asset is used for illustrative purposes only.

Editorial Credit

If any Asset is used in an editorial manner, the credit line, “[Artist’s name]/ Gallery Stock”, must appear adjacent to the Asset or as otherwise indicated by COMPANY. If the Asset consists of footage or audiovisual material, credit shall be provided, in equal size and comparable placement to credit(s) accorded to licensors of other similar content, substantially in the form “[Footage] [Imagery] supplied by [Gallery Stock].”

If LICENSEE omits the credit, an additional fee equal to two (2) times the original amount invoiced shall be payable by LICENSEE at COMPANY’s discretion. The foregoing fee shall be in addition to any other rights or remedies that COMPANY may have at law or in equity. It is understood that Assets used for advertising purposes do not require credit.

Releases/Captions

COMPANY will notify LICENSEE if it has obtained a model release and/or a property release for Asset(s), either in the release status information accompanying the Asset(s) on COMPANY’s website, in the Invoice or by other means. If no such notification is given, then no such model or property release has been obtained. COMPANY grants no rights and makes no warranties with regard to the use of names, people, trademarks, trade dress, registered, unregistered or copyrighted designs or works of art or architecture depicted in any Asset(s). LICENSEE shall be solely responsible for determining whether a release is sufficient for the proposed use or is required in connection with any proposed use of such Asset(s). LICENSEE acknowledges that some jurisdictions provide legal protection against a person’s image, likeness or property being used for commercial purposes without their consent. COMPANY used commercially reasonable efforts to identify the caption for each Asset, but cannot be held responsible for erroneous or incomplete caption information.

Termination and Revocation

COMPANY reserves the right to automatically terminate or revoke the license contained in this Agreement and invoice without notice if LICENSEE or its client fails to comply with any provision of this Agreement. Upon termination, LICENSEE and its client must immediately stop using the Asset(s), delete the Asset(s) and all copies from all media and destroy all other copies. COMPANY reserves the right to discontinue the use of any Asset(s) for any reason and elect to replace the Asset(s) with an alternate Asset(s). Upon notice of any discontinuance of the use of a particular Asset, LICENSEE, its employer and its client, if applicable, agree not to use the Asset(s) in the future.

Electronic Storage

For all Asset(s) that LICENSEE takes delivery of in electronic form, LICENSEE must retain the copyright symbol, the name of COMPANY and the Asset number, all metadata or other identification number associated with the Asset(s) may be included as part of the electronic file. LICENSEE will take all reasonable measures to safeguard against unauthorized third-party access to the Asset(s). LICENSEE may make one (1) high-resolution backup copy of the Asset(s) for security reasons only. Upon the expiration or earlier termination of this Agreement, LICENSEE shall promptly delete the Asset(s) from its computer or other electronic storage systems and shall ensure that any client authorized to use the Asset(s) deletes the Asset(s) as well.

Payment Terms and Cancellation Policy

Time is of the essence in the performance by LICENSEE of its obligations for payments.

The price for the Asset(s), which includes a 6.75% handling fee, is specified in the Invoice, and payment of the Invoice is to be net thirty (30) days. Any claims for adjustment or rejection of terms must be made to COMPANY within ten (10) days after receipt of invoice. If LICENSEE fails to pay COMPANY’s Invoice in full within the time specified in the Invoice, COMPANY may add a service charge of 1.75% per month, or such lesser amount as is allowed by law, on any unpaid balance until payment is receive

Cancellation Policy: If LICENSEE requests in writing to cancel the Invoice within 14 days of the date of receipt of the Invoice, and Assets have not been used by LICENSEE, COMPANY may cancel the Invoice and issue a credit to LICENSEE’s account or credit card as follows: (i) an amount up to 50% of the license fee may be credited if the request is received within 7 days of receipt of the Assets. No credits are available for any cancellation request received after 14 days from receipt of Invoice. Nothing in this Section 9 shall apply to research, lab, handling or other service fees which shall be payable according to the terms stated on the Invoice and shall be non-refundable.

Warranty and Disclaimers

COMPANY warrants that: (i) it has all necessary rights and authority to enter into and perform this Agreement; and (ii) the Asset(s) will be free from defects in material and workmanship for 30 days from delivery (LICENSEE’s sole and exclusive remedy for a breach of this warranty being the replacement of the Asset(s)).

General Disclaimers and Limitation of Liability

COMPANY MAKES NO OTHER WARRANTIES, EXPRESS OR IMPLIED, REGARDING THE ASSETS, INCLUDING, WITHOUT LIMITATION, ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. COMPANY SHALL NOT BE LIABLE TO LICENSEE OR ANY OTHER PERSON OR ENTITY FOR ANY GENERAL, PUNITIVE, SPECIAL, INDIRECT, CONSEQUENTIAL OR INCIDENTAL DAMAGES, OR LOST PROFITS OR ANY OTHER DAMAGES, COSTS OR LOSSES ARISING OUT OF LICENSEE’S USE OF THE ASSETS OR OTHERWISE, EVEN IF COMPANY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, COSTS OR LOSSES.

COMPANY’S MAXIMUM LIABILITY ARISING OUT OF OR IN CONNECTION WITH LICENSEE’S USE OF OR INABILITY TO USE THE ASSETS (WHETHER IN CONTRACT, TORT OR OTHERWISE) SHALL, TO THE EXTENT PERMITTED BY LAW, BE LIMITED TO THE VALUE OF THE LICENSE PAID BY THE LICENSEE FOR THE ASSET(S).

THE REPRESENTATIONS AND WARRANTIES MADE BY COMPANY IN THIS AGREEMENT APPLY ONLY TO THE ASSET(S) AS DELIVERED BY COMPANY AND WILL BE INVALID IF THE ASSET(S) IS USED BY LICENSEE IN ANY MANNER NOT SPECIFICALLY AUTHORIZED IN THIS AGREEMENT OR IF LICENSEE IS OTHERWISE IN BREACH OF THIS AGREEMENT. COMPANY SHALL NOT BE LIABLE FOR ANY DAMAGES, COSTS OR LOSSES ARISING OUT OF OR AS A RESULT OF MODIFICATIONS MADE TO THE ASSET(S) BY LICENSEE OR THE CONTEXT IN WHICH THE ASSET(S) ARE USED IN A LICENSEE WORK.

Indemnity

LICENSOR Indemnity. Provided LICENSEE is not otherwise in breach of this Agreement and subject to Section 10, as LICENSEE’s sole and exclusive remedy for any breach of the representations and warranties above, LICENSOR shall defend, indemnify and hold harmless LICENSEE and its parent, subsidiaries and commonly owned or controlled affiliates and their respective officers, directors and employees from all damages, liabilities and expenses (including reasonable outside attorney fees), arising out of or connected with any actual lawsuit or legal proceeding alleging that Company is in breach of its warranties set forth above. No other indemnification is offered by LICENSOR under the Agreement.

LICENSEE Indemnity. If LICENSEE’s use of the Asset(s) is not authorized by this Agreement, LICENSEE shall defend, indemnify and hold COMPANY and its parent, subsidiaries and commonly owned or controlled affiliates and their respective officers, directors and employees harmless from all damages, liabilities and expenses (including reasonable attorneys’ fees and costs), arising out of or connected with any actual or threatened lawsuit, claim or legal proceeding relating to the use of such Asset(s) by LICENSEE, to the extent that such claim relates to the absence of a release or the LICENSEE’s unauthorized use of the Asset(s).

Unauthorized Use

Any use of Asset(s) in a manner not expressly authorized by this Agreement or in breach of a term of this Agreement constitutes copyright infringement, entitling COMPANY to exercise all rights and remedies available to it under copyright laws around the world. LICENSEE shall be responsible for any damages resulting from any such copyright infringement, including any claims by a third party. In addition and without prejudice to COMPANY’s other remedies under this Agreement, COMPANY reserves the right to charge and LICENSEE agrees to pay a fee equal to five (5) times COMPANY normal license fee for use of the Asset(s).

Miscellaneous

Notification of Misuse. LICENSEE will immediately notify COMPANY if it becomes aware or suspects that any third party that has gained access to the Licensed Material through LICENSEE is wrongfully using the Asset(s), in whole or in part, or is violating any of COMPANY’s intellectual property rights, including, but not limited to, trademarks and copyrights.

Taxes. LICENSEE agrees to pay and be responsible for any and all sales taxes, use taxes, value added taxes, withholding taxes, and duties imposed by any jurisdiction as a result of the license granted to LICENSEE, or of LICENSEE’S use of the licensed content.

Audit and Compliance. Upon reasonable notice, LICENSEE shall provide sample copies of Assets as used by LICENSEE. In addition, upon reasonable notice, COMPANY may, at its discretion, either through its own employees or through a third party, audit LICENSEE’s records directly related to this Agreement and use of Asset(s) in order to verify compliance with the terms of this Agreement. If any such audit reveals an underpayment by LICENSEE to COMPANY of five percent (5%) or more of the amount LICENSEE should have paid for the time period that is the subject of the audit, in addition to paying COMPANY the amount of such underpayment, LICENSEE shall also reimburse COMPANY for the costs of conducting such audit. Where COMPANY reasonably believes that Asset(s) are being used outside of the scope of the license granted under this Agreement, LICENSEE shall, at COMPANY’s request, provide a certificate of compliance signed by an officer of LICENSEE, in a form to be approved by COMPANY.

Jurisdiction and Attorney’s Fee. Any and all disputes, with the exception of copyright claims, arising out of, under or in connection with this Agreement, including, without limitation, the validity, interpretation, performance and breach hereof, shall be settled by arbitration in Amsterdam, Netherlands, pursuant to the rules of the American Arbitration Association. Judgment upon the award rendered may be entered in the highest court of the forum, State or Federal, having jurisdiction. This agreement, its validity and effect, shall be interpreted under and governed by the laws of the Netherlands. LICENSEE is an agent for or an employee of a non-U.S. Company but operates in a place of business in the United States or its territories, expressly agrees that any dispute regarding this contract shall be adjudicated within the United States in the manner described here. Copyright claims shall be brought in the Federal Court having jurisdiction. LICENSEE agrees to be subject to the jurisdiction of the Federal Court of the Southern District of New York. If COMPANY is caused to present claims or suit as a result of any breach of the above terms set forth, it shall be made whole for such reasonable legal fees or costs by LICENSEE.

No Assignment. This Agreement is not assignable or transferable on the part of LICENSEE.

No Waiver. No action of COMPANY, other than express written waiver, may be construed as a waiver of any provision of this Agreement. A delay on the part of COMPANY in the exercise of its rights or remedies will not operate as a waiver of such rights or remedies. A waiver of a right or remedy on any one occasion will not be construed as a bar to or waiver of those rights or remedies on any other occasion.

Entire Agreement: This Agreement and the Invoice contains all the terms of the agreement between COMPANY and LICENSEE and no term or conditions may be added or deleted unless made in writing and signed by both parties. In the event of any inconsistency between the terms contained herein and the terms contained on any purchase order or other writing sent by LICENSEE, the terms of this Agreement shall govern.

Contracting Company: The licensing entity under this Agreement shall be determined by the billing address of the LICENSEE as follows:

If LICENSEE is located in North or South America, including the United States, Canada, and Mexico, then the party with which you are contracting is, and as used herein the terms “LICENSOR”, “COMPANY” refer to, Great Bowery, Inc., a Delaware corporation.

If LICENSEE is located in the United Kingdom, then the party with which you are contracting and which is granting you the rights set forth herein, and as used herein the terms “LICENSOR”, “COMPANY”, refer to Great Bowery (UK) ltd.

If LICENSEE is located in a country in Asia Pacific or Europe and the Middle East, then the party with which you are contracting and which is granting you the rights set forth herein, and as used herein the terms “LICENSOR”, “COMPANY”, refer to, SM Group Pty Ltd. (for ASPAC) and Great Bowery Deutschland GmbH (for EMEA), respectively.

GALLERY STOCK ROYALTY-FREE END USER LICENSE AGREEMENT

THIS IS A LEGAL AGREEMENT BETWEEN YOU (“LICENSEE”) AND Michael van Emde Boas, Consultancy, ITS SUBSIDIARIES, AFFILIATES, OFFICERS, DIRECTORS, AND ANYONE ACTING ON ITS BEHALF AND WITH ITS AUTHORITY (“COMPANY” or “LICENSOR”). BY ACCEPTING AND USING THE ASSETS AND BY CLICKING THE “I ACCEPT” BUTTON, YOU AGREE TO BE BOUND BY THE TERMS OF THIS AGREEMENT.

Definition

“Assets” means all types of visual content, including without limitation still photography, motion film or video and may include audio elements, whether generated optically, electronically, digitally or by any other means, and shall include all metadata, keywords, descriptions and captions associated therewith. Any reference to Assets includes the whole or the part.

“Invoice” means the agreement provided by COMPANY or an authorized distributor that includes among other terms, the Assets selected and the LICENSEE fee. The Invoice shall be incorporated into this Agreement and all references to the Agreement shall include the Invoice.

License Terms

Subject to the terms of this License Agreement, COMPANY grants Licensee a perpetual, worldwide, non-transferable, non-exclusive right to reproduce, transmit and display, in whole or in part, and right to create derivative works with respect to COMPANY’S Assets identified on Company’s Invoice, an unlimited number of times, in any and all media for all uses other then the restrictions in Sec 4 described below. All other rights to the Assets, software and accompanying materials (if applicable), including without limitation, copyright and all other rights, are retained by COMPANY. All rights not specifically granted are retained by COMPANY. Unless explicitly stated in an invoice, licensee may not use an Asset in connection with an immutable digital asset intended for sale, including but not limited to non-fungible tokens.

Licensee may alter, crop, modify or adapt the Assets. Licensee may make a back-up copy of the content for internal back-up purposes provided COMPANY’S copyright and any Asset identifying information embedded with the digital file is retained with the file. Limited, temporary transfers of the Assets are permitted to third parties integral to the creation of the final product, provided such third parties agree to abide by the terms of this Agreement.

Number of Users / Seat License

Licensee may store the Assets on a server, image library or network configuration to be viewed by Licensee, subcontractors or its clients provided that no more than 10 persons can access the Assets. Before permitting access to more than 10 persons, Licensee must purchase additional seat license from COMPANY.

Restrictions on Use

Except as provided herein, Licensee may not:

Sublicense, sell, assign, convey or transfer any of its rights under this Agreement, but Licensee may sell or license derivative works incorporating the Assets.
Without obtaining the prior written consent of COMPANY and the payment of an additional license fee, include the Assets in an electronic template intended to be used by third parties on electronic or printed products, or where the purpose is to create multiple impressions or “on-demand” products, including but not limited to website designs, presentation templates, electronic greeting cards, business cards, t-shirts, mugs, calendars, posters, screensavers or wallpaper for mobile devices, or any other electronic or printed matter, without obtaining a license for such purpose.
Sell, license or distribute its final product in such a way that permits Licensee’s end users to extract or access the Assets as a stand-alone file.
Incorporate the Assets into a logo, trademark or service mark.
Distribute, post or upload the Asset(s) online in a downloadable format or enable it to be distributed via mobile devices.
Use any Asset in a pornographic, defamatory, libelous or otherwise illegal manner, whether directly or in context or juxtaposition with other subject matter and materials.
With respect to the software on the CD-ROM or other storage media, decompile, reverse engineer, disassemble or otherwise reduce the software to a human readable form.
Use any of the Assets in any manner prohibited by any export laws, restrictions or regulations.
Licensee may not falsely represent, expressly or impliedly, that Licensee is the original creator of a visual work that derives a substantial part of its artistic components from the Assets.
Product Endorsement or Sensitive Use Disclaimer

If any Asset featuring a model is used in a manner that would lead a reasonable person to believe that the model personally uses or endorses a product or service, or if the depiction of the model is used in connection with a subject that would be unflattering, embarrassing or unduly controversial to a reasonable person, Licensee must accompany each such use with a conspicuous statement that indicates that the person is a model and the Asset is being used for illustrative purposes only. These requirements are without prejudice to the obligations of the COMPANY regarding use of the Assets contained elsewhere throughout this Agreement.

Releases

Indemnity

Company Indemnity. Provided COMPANY is not otherwise in breach of this Agreement and subject to Section 8, as Licensee’s sole and exclusive remedy for any breach of the representations and warranties above, Licensor shall defend, indemnify and hold harmless Licensee and its parent, subsidiaries and commonly owned or controlled affiliates and their respective officers, directors and employees from all damages, liabilities and expenses (including reasonable outside attorney fees), arising out of or connected with any actual lawsuit or legal proceeding alleging that Company is in breach of its warranties set forth below. No other indemnification is offered by Licensor under the Agreement

Licensee Indemnity. Licensee agrees to defend, indemnify and hold COMPANY and its and its parent, subsidiaries and commonly owned or controlled affiliates and their respective officers, directors and employees harmless from all damages, liabilities and expenses (including reasonable attorneys’ fees and costs), arising out of or as a result of claims by third parties relating to Licensee’s use of any Asset(s) outside the scope of this Agreement or any other breach by Licensee of this Agreement.

Warranties and Limitation of Liability

COMPANY represents that it has the right to grant the license herein and warrants the Assets to be free from defects in material and workmanship for 30 days from delivery. The sole and exclusive remedy for a breach of the foregoing warranty is the replacement of the CD-ROM or refund of the purchase price, at COMPANY’S option.

COMPANY MAKES NO OTHER WARRANTIES, EXPRESS OR IMPLIED, REGARDING, INCLUDING, WITHOUT LIMITATION, ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. COMPANY SHALL NOT BE LIABLE TO LICENSEE OR ANY OTHER PERSON OR ENTITY FOR ANY GENERAL, PUNITIVE, SPECIAL, DIRECT, INDIRECT, CONSEQUENTIAL OR INCIDENTAL DAMAGES, OR LOST PROFITS OR ANY OTHER DAMAGES, COSTS OR LOSSES ARISING OUT OF LICENSEE’S USE OF THE ASSETS, OR OTHERWISE, EVEN IF COMPANY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, COSTS OR LOSSES. COMPANY’S MAXIMUM LIABILITY ARISING OUT OF OR IN CONNECTION WITH LICENSEE’S USE OF OR INABILITY TO USE THE ASSETS (WHETHER IN CONTRACT, TORT OR OTHERWISE) SHALL, TO THE EXTENT PERMITTED BY LAW, BE LIMITED TO THE VALUE OF THE LICENSE PAID BY THE LICENSEE FOR THE USE OF THE ASSETS.

Payment Terms

The price for the Assets, which includes a 6.75% handling fee is specified in the Invoice. No licenses are granted until full payment of COMPANY’S invoice is received. Unless credit terms have specifically been agreed directly between COMPANY and the Licensee, Payment of COMPANY’S invoices must be received on the sooner of Thirty (30) days of its date net, without any discounts, or prior to the publication of any Asset. The licensee agrees to pay COMPANY a service charge of 1.75% percent per month on any unpaid balance after this time period for the use of the Assets.

Any disputes concerning the invoice must be submitted in writing, within 15 business days of the invoice date, or the licensee shall be deemed to have accepted the invoice as issued.

Cancellation Policy for Royalty-Free Assets:

All licenses are final; no refunds or credits will be allowed.

Copyright Infringement and Liquidated Damages

In the event that the Licensee utilizes any Asset without or prior to the granting of a license, COMPANY reserves the right to seek damages through legal means unless the licensee agrees to reimburse COMPANY, as liquidated damages, a sum equal to five (5) times the market value price charged for such use of an Asset.

If the licensee fails to make the payment as outlined above, within 60 days of COMPANY’S invoicing such fee, this liquidated damage provision shall be void and COMPANY reserves the right to sue for copyright infringement, including attorneys’ fees and all associated costs

Termination

The license contained in this Agreement will terminate automatically without notice from COMPANY if Licensee fails to comply with any provision of this Agreement. Upon termination, Licensee must immediately (i) stop using the Assets, (ii) destroy or, upon the request of COMPANY, return the Assets to COMPANY, and (iii) delete or remove the Assets from Licensee’s premises, computer systems and storage (electronic or physical).

Revocation

Licensor reserves the right to revoke the license to use any Assets for good cause and elect to replace such Asset with an alternative Asset. Upon notice of any revocation of a license for any Assets, Licensee shall immediately cease using such Assets, shall take all reasonable steps to discontinue use of the replaced Assets in products that already exist and shall inform all end-users and clients of same. If the Assets(s) is used on a social media or other third party website; the Assets may only be used as part of another work and not as a stand-alone file; and any rights shall automatically be revoked in the event that the third party website seeks to exploit purported rights to the Assets contrary to the terms of this Agreement.

Taxes

LICENSEE agrees to pay and be responsible for any and all sales taxes, use taxes, value added taxes, withholding taxes, and duties imposed by any jurisdiction as a result of the license granted to LICENSEE, or of LICENSEE’S use of the licensed content.

Severability

If one or more of the provisions contained in the Agreement is found to be invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions shall not be affected. Such provisions shall be reformed only to the extent to make it enforceable.

Choice of Law/Attorney’s fees

This Agreement will be governed in all respects by the laws of the Netherlands, without reference to its laws relating to conflicts of law. Licensee agrees that the County Court of the Netherlands for New York County and the United States District Court for the Southern District of New York located in New York City are the agreed and appropriate forums for any such suit, and consent to service of process by registered mail or overnight courier with proof of delivery. The United Nations Convention on Contracts for the International Sale of Goods does not govern this Agreement. If COMPANY is obligated to go to court to enforce any of its rights, the Licensee agrees to reimburse COMPANY for its legal fees and disbursements if COMPANY is successful.

Waiver

No action of COMPANY, other than express written waiver, may be construed as a waiver of any provision of this Agreement.

Entire Agreement

This contract and the Invoice contains all the terms of the license agreement and no terms or conditions may be added or deleted unless made in writing and signed by an authorized representative of both parties. In the event of any inconsistency between the terms contained herein and the terms contained on any purchase order or other writing sent by Licensee, the terms of this Agreement shall govern.

Contracting Company

The licensing entity under this Agreement shall be determined by the billing address of the LICENSEE as follows: