The format for the License Agreement is suitable enough but you could insert an Ownership clause between the Grant of License and Term and Termination. An example: “Licensee acknowledges that Licensor is the sole and exclusive owner of the Work and Licensee shall do nothing inconsistent with such ownership. Licensee further agrees that it will not claim ownership rights to the Work, or related Work owned by or used by Licensor. Licensee agrees that nothing in this Agreement shall give Licensee any right, title, or interest in the Work other than the right to use the same in accordance with this Agreement.”
It would also be beneficial to include the following in the Term and Termination clause: “Upon termination of this Agreement, Licensor agrees to allow Licensee six (6) months to cease all use of the Work. Licensee agrees to discontinue use of the Work, upon termination of this Agreement, as quickly as practicable, and in no event longer than the time specified herein.”
Another advantageous move would be to add an Indemnification clause. Example: “Licensor shall fully indemnify, defend, and hold harmless Licensee from and against any and all claims, losses, damages, expenses, and liability, including claims of copyright infringement, arising from Licensee’s authorized use of the Work.”
The last line of the Agreement should mention that it has been witnessed.
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about 4 years ago