Description
This is an exclusive agreement whereby an Artist grants merchandising rights to a company to allow it to use the Artist’s name, logo, likeness, picture, artwork, trade marks etc., throughout a defined territory in connection with manufacture and sale of products of any kind.
Company accounts fifty percent (50%) of income to artist after recouping manufacturing and transport costs.
Useful for labels or manufacturing companies looking to get an exclusive license to artists’ intellectual property for the manufacture of goods.