1. COMPANY grants GPTW, its parent company, affiliates and subsidiaries, a non- exclusive, non-transferrable, non-assignable, non-sublicensable license to use and/or publish the following INFORMATION below and as presented in the attached sample Certified Companies’ webpage in GPTW’s articles, website, marketing materials, advertisements, promotion or press release purposes:
2. These INFORMATION will be used for the following purposes:
3. All right, title and interest, except derivative work, in the INFORMATION (e.g. video interview, Certified Company’s webpage) contained in the MATERIAL, including the intellectual property embodied therein, is and shall remain the sole property of the COMPANY. Any derivative work created by GPTW using the INFORMATION shall remain the exclusive property of GPTW and any intellectual property rights, title and interest in the MATERIAL shall belong and remain the sole and exclusive property of GPTW.
4. This Agreement exists only for the specific use for which permission to use the INFORMATION is granted, and the terms of this Agreement are not transferable to other uses. Either party may terminate this Agreement with 30 days written notice. Upon the expiration or termination, GPTW and COMPANY shall not be required to destroy or delete any documents, items or records (e.g. emails) which were created before the termination of this Agreement and which contain the MATERIAL. COMPANY shall affirm such destruction and/or deletion upon request from either party, email being sufficient.
5. The COMPANY represents and warrants to GPTW that the COMPANY owns or owns the right to all INFORMATION and has the right to sublicense to GPTW the use thereof for GPTW’s articles, websites, marketing materials, advertisements, promotion, press release, and for other marketing purposes.
6. The COMPANY shall hold GPTW free and harmless from and against any and all suits or claims, actions, or proceedings, damages, costs and expenses, including attorney’s fees, which may be filed, charged or adjudged against GPTW or any of its directors, stockholders, officers, employees, agents or representatives in connection with or arising from GPTW’s use of the INFORMATION pursuant to GPTW’s reliance on the COMPANY’s representation and warranty that the COMPANY has the right to sublicense the INFORMATION to GPTW for the aforementioned purposes.
December 16, 2020