iv. The more the donor wishes to exercise control over the use of the mark, the stronger the clauses of quality, use and termination of the contract must be. 1.1.5. The credit clauses covered in points 1.1.1 to 1.1.4: Parties to these agreements must also approve the manner in which each of these persons is credited in the film. 1.1.6. Financing agreement/film investment contract: the manufacturer can enter into agreements with different people to obtain funds for the production of a film. These agreements can be structured in many respects and can, in some cases, lead to a transfer of ownership of intellectual property. A number of types of investment agreements are discussed below: iii. It should be noted that the integration agreement does not result in the transfer of intellectual property and that each party retains its IP rights. However, a limited right to use the tool and API will be allowed to the other party for the duration of the agreement. If a new product is created, both parties jointly hold rights to the IP address. 1.5.2. Software as a service: As a general rule, there is a company in these agreements that has developed software and provides services that help with the productive use of this software.
The company enters into an agreement with the customer that grants a customer a license to use the software for its business activities, while the company retains the IP in the software. The area for which the IP is assigned is essential to be specified in the agreement. The same IP can be assigned or granted to two separate entities for use and use in different areas. If the agreement does not make this clear, the region could be considered India as a whole. This would make it impossible to transfer or license at a later date. Employment contract – an agreement that defines the terms of a working relationship. If a licence does not give a termination date, it must be reviewed by an IP lawyer to ensure that it cannot be confused with an assignment. When intellectual property is transferred with a license, the company that licenses the property generally has the right to sell or market the property. If the license is terminated, the licensee must cease all sales and marketing activities. While this is generally the practice of the industry, it is legally possible for a composer to retain the rights to his works. Such an agreement would include a limited license from the composer, allowing the producer to use the musical works in the film. 1.1.2.
Agreement with the poet: like the composer, the editor is also commissioned by the producer to write the texts for different songs that are normally part of Indian films. The copyright of texts that are literary works under copyright law is retained by the producer or transferred by the producer to the music label. The editor is also authorized to receive non-attributable royalties from the use of the texts. 1.4. Book publishing agreements: these agreements are concluded between book authors and publishers. Under copyright law, the author of a literary work has the right to make and sell copies of his work. However, these rights are generally transferred to publishers who have the means to mass produce the book and assist in the distribution of the work. This may include different formats in physical or digital form. Among the rights granted could be the right to translate books into different languages.