PLAYDIGM Entertainment Licensing & Branding

For the next few weeks I am going to break down a general Licensing Agreement clause-by-clause. This is not a definitive engraved in stone version of such a document but contains the most important information that needs to be included in a contract of this nature.

Here we go:

The first line at the top of page one usually goes something like this:

THIS AGREEMENT IS MADE this ____ day of (Month), (year) and is between

Insert Party A (the Licensor)

AND

Insert Party B (the Licensee)

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Party A is you, the Licensor. The person or company that owns the asset that the Licensee is interested in paying to use.

Party B is the Licensee. The person or company willing to pay the Licensor for the use of their asset.

Make sure that the addresses for both parties are complete and accurate.

The asset can be anything like a novel, screenplay, film, character, name and likeness of a famous person or pretty much anything.

The next installment is Licensing Agreement #2 Preamble

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As most of you know, I am not a lawyer or an accountant and recommend everyone seek their own legal, accounting and tax advice in such contractual matters. I also provide negotiation consulting advice which are expressed on the ‘services’ page of this website.

Hope this helps you understand the intricacies of a Licensing Agreement. Should you have any questions contact me at info@Playdigm.com – please put Licensing Agreement in the subject line of your email.