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The Video Game License Agreement is a crucial document used in the United States gaming industry to establish and govern the legal relationship between parties involved in video game development, publishing, and distribution. This agreement is particularly relevant when one party owns intellectual property rights that another party wishes to utilize in developing, publishing, or distributing a video game. The document addresses essential elements including IP rights management, technical specifications, quality control requirements, revenue sharing arrangements, and compliance with U.S. gaming industry standards and regulations. It is designed to protect both the licensor's intellectual property and the licensee's development investment while ensuring clear guidelines for commercialization. The agreement becomes especially important in cases involving major gaming franchises, cross-platform development, or international distribution, where multiple stakeholders and complex rights management are involved.
