Stock Footage Licence Agreement Template for England and Wales

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Key Requirements PROMPT example:

Stock Footage Licence Agreement

"I need a Stock Footage Licence Agreement to license underwater marine footage to a European broadcasting company for a documentary series, with exclusive rights in the UK market for 18 months starting January 2025."

Document background
The Stock Footage Licence Agreement is essential when businesses or individuals wish to legally use pre-recorded video content owned by others. This agreement, governed by English and Welsh law, provides comprehensive coverage of usage rights, territories, duration, and payment terms. It's particularly relevant in today's digital age where stock footage is increasingly used across multiple platforms and media. The document ensures compliance with UK copyright law while protecting both the footage owner's intellectual property rights and the user's licensed usage rights.
Suggested Sections

1. Parties: Identification and details of the licensor and licensee

2. Background: Context of the agreement and ownership confirmation of the footage

3. Definitions: Key terms used throughout the agreement including Licensed Footage, Territory, Term, Permitted Use

4. Grant of Licence: Scope and nature of the licence being granted, including any restrictions

5. Licence Fee: Payment terms and conditions for the footage licence

6. Usage Rights: Specific permitted uses of the footage, including any platform or medium restrictions

7. Term and Termination: Duration of licence and circumstances under which the agreement can be terminated

8. Warranties and Indemnities: Legal guarantees and protections provided by both parties

9. Governing Law and Jurisdiction: Specification of English and Welsh law as governing law and related jurisdictional provisions

Optional Sections

1. Territory Restrictions: Geographic limitations on usage - used when the licence is limited to specific territories

2. Credit and Attribution: Requirements for crediting the footage owner - included when attribution is required

3. Exclusivity Provisions: Terms regarding exclusive usage rights - included for exclusive licences

4. Data Protection: Provisions relating to handling of personal data - required if personal data is processed

Suggested Schedules

1. Schedule 1: Licensed Footage: Detailed description of licensed footage including file names, duration, and format

2. Schedule 2: Fee Schedule: Detailed breakdown of licensing fees and payment terms

3. Schedule 3: Technical Specifications: Technical details of the footage including format, resolution, and delivery method

4. Schedule 4: Usage Guidelines: Specific guidelines and restrictions for footage usage, including any technical requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Clauses
Industries

Copyright, Designs and Patents Act 1988: Primary legislation governing copyright in the UK, covering rights of copyright owners, duration of copyright, licensing provisions, and moral rights protection

Consumer Rights Act 2015: Legislation protecting consumer rights, including fair terms, consumer protection provisions, and transparency requirements in B2C contracts

Contracts (Rights of Third Parties) Act 1999: Legislation governing how third parties may enforce terms of a contract to which they are not a direct party

Common Law Contract Principles: Fundamental principles of contract law including offer, acceptance, consideration, and intention to create legal relations

UK GDPR and Data Protection Act 2018: Data protection legislation governing the processing of personal data, relevant if the footage contains identifiable individuals

Electronic Commerce (EC Directive) Regulations 2002: Regulations governing electronic commerce and online contracts, applicable if the licence is granted through digital means

Industry Standards: Best practices and standard terms commonly used in the stock footage licensing industry

Broadcasting Regulations: Territory-specific regulations governing the broadcast and use of footage in different jurisdictions

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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