1. For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, ____________________ (“Licensor”) hereby grants to ____________________, its agents, and others working for it or on its behalf (including, without limitation, ____________________), and their respective licensees, successors, and assigns (collectively, “Client”) the unlimited right and permission to use, distribute, publish, exhibit, digitize, broadcast, display, reproduce, and otherwise exploit the ____________________ including, without limitation, any names, pictures, likenesses, signs, company names, trademarks, logos, designs, writings, and any other materials of any kind included thereon (collectively, the “Prop”), altered or modified as Client sees fit, and any material based thereon or derived therefrom, together with any other material (including, without limitation, fictional material), or to refrain from so doing, in any manner or media whatsoever (whether now known or hereafter devised) anywhere in the world in perpetuity for advertising, promotion, and publicity purposes.
2. Licensor shall have no right of approval, no claim to compensation, and no claim (including, without limitation, claims based upon copyright or trademark infringement) arising out of any use, alteration, blurring, distortion, faulty reproduction, fictionalization, illusionary effect, or use in composite form of the Prop. Licensor represents and warrants that it has the full right and authority to enter into this release and to grant the rights granted hereunder, this release does not conflict with any existing commitment on its part, and the use of the Prop as permitted hereunder will not infringe upon or violate the rights of any third party. Licensor agrees not to disclose or use any information or material that pertains in any manner to this Agreement or any activities undertaken by Client pursuant to this Agreement, which is not the subject of general public knowledge, except as required by law. Licensor hereby agrees to indemnify and hold harmless Client from and against any and all claims, demands, damages, costs (including, without limitation, settlement costs), and expenses (including, without limitation, reasonable attorneys’ fees) arising from the use of the Prop as permitted hereunder.
Name and Title