Licensing Agreements

Last Updated:

10th January 2024
Toronto, Ontario, Canada

  • Commercial License

    This Commercial Licensing Agreement ("Agreement") is made and entered into as of the effective date of this Agreement ("20th July 2023") by and between DZNR studio ("Licensor"), a Canadian Federal corporation, and User ("Licensee"), any user that have purchased on our website.

    WHEREAS, DZNR studio owns all the rights, title, and interest in and to the digital product sold on our website ("Digital Product") and desires to grant a commercial license to Licensee for its use; and

    WHEREAS, Licensee wishes to obtain a commercial license to use the Product for its business purposes, subject to the terms and conditions set forth in this Agreement.

    NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, the parties agree as follows:

    Grant of License:
    Licensor hereby grants to Licensee a non-exclusive, non-transferable, and revocable commercial license to use the Product for the purpose of ["Making up to 20,000 physical product or 5000 digital end products for sale," "Unlimited physical advertisements for local markets," "Digital paid advertisement with unlimited impressions," "One business or social media account managed by the licensee," "Supporting component to an NFT composition," "Broadcast and Streaming for up to 1,000,000 lifetime viewers,"]. This license does not grant Licensee the right to resell, sublicense, distribute, use on native apps, use on web apps, games, or transfer the Product to any third party without prior written consent from Licensor.

    License Fee and Payment Terms:
    Licensee shall pay Licensor a one-time license fee in the amount listed on the product page under the license selection. The license fee is non-refundable and non-creditable. Licensee shall bear all applicable taxes, duties, and other charges related to the payment of the license fee.

    Term and Termination:
    This license shall commence on the Effective Date and shall remain in effect until [use of the license has been completed]. Either party may terminate this Agreement in the event of a material breach by the other party, which remains uncured for a month after written notice of such breach.

    Intellectual Property Rights:
    The Product, including all copyrights, trademarks, trade secrets, and other intellectual property rights therein, shall remain the sole and exclusive property of Licensor. Licensee acknowledges and agrees that nothing in this Agreement shall be construed to transfer or assign any ownership rights to Licensee.

    Confidentiality:
    Both parties agree to keep confidential all non-public information disclosed by the other party during the term of this Agreement. This obligation shall survive the termination of this Agreement.

    Warranties and Limitation of Liability:
    The Product is provided "as is" without any warranties, express or implied. Licensor shall not be liable for any indirect, incidental, consequential, or special damages arising out of or in connection with the use or performance of the Product (Pls ensure you are using an adequate CPU and GPU combo).

    Governing Law and Jurisdiction:
    This Agreement shall be governed by and construed in accordance with the laws of Ontario, Canada. Any disputes arising under or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts located in [Toronto, Ontario, Canada].

    Entire Agreement:
    This Agreement constitutes the entire understanding and agreement between the parties concerning the subject matter hereof and supersedes all prior and contemporaneous agreements, whether oral or written.

    IN WITNESS WHEREOF, the parties hereto have executed this Commercial Licensing Agreement as of the Effective Date.

  • Extended Commercial License

    This Extended Commercial Licensing Agreement ("Agreement") is made and entered into as of the effective date of this Agreement ("20th July 2023") by and between DZNR studio ("Licensor"), a Canadian Federal corporation, and Buyers ("Licensee"), any user that have purchased on our website.

    WHEREAS, DZNR studio owns all the rights, title, and interest in and to the digital product sold on our website ("Digital Product") and desires to grant an extended commercial license to Licensee for its use; and

    WHEREAS, Licensee wishes to obtain an extended commercial license to use the Product for its business purposes, subject to the terms and conditions set forth in this Agreement.

    NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, the parties agree as follows:

    Grant of License:
    Licensor hereby grants to Licensee a non-exclusive, non-transferable, and revocable commercial license to use the Product for the purpose of ["Making up to 300,000 physical product or 200,000 digital end products for sale," "Unlimited physical advertisements for local markets," "Digital paid advertisement with unlimited impressions," "Unlimited business or social media account managed by the licensee," "Supporting component to an NFT composition," "Broadcast and Streaming for unlimited lifetime viewers," "Use for one native app, one web app, and one game with up to 300,000 sales,"]. This license does not grant Licensee the right to resell, or sublicense the Product to any third party without prior written consent from Licensor.

    License Fee and Payment Terms:
    Licensee shall pay Licensor a one-time license fee in the amount listed on the product page under the license selection. The license fee is non-refundable and non-creditable. Licensee shall bear all applicable taxes, duties, and other charges related to the payment of the license fee.

    Term and Termination:
    This license shall commence on the Effective Date and shall remain in effect until [use of the license has been completed]. Either party may terminate this Agreement in the event of a material breach by the other party, which remains uncured for a month after written notice of such breach.

    Intellectual Property Rights:
    The Product, including all copyrights, trademarks, trade secrets, and other intellectual property rights therein, shall remain the sole and exclusive property of Licensor. Licensee acknowledges and agrees that nothing in this Agreement shall be construed to transfer or assign any ownership rights to Licensee.

    Confidentiality:
    Both parties agree to keep confidential all non-public information disclosed by the other party during the term of this Agreement. This obligation shall survive the termination of this Agreement.

    Warranties and Limitation of Liability:
    The Product is provided "as is" without any warranties, express or implied. Licensor shall not be liable for any indirect, incidental, consequential, or special damages arising out of or in connection with the use or performance of the Product (Pls ensure you are using an adequate CPU and GPU combo).

    Governing Law and Jurisdiction:
    This Agreement shall be governed by and construed in accordance with the laws of Ontario, Canada. Any disputes arising under or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts located in [Toronto, Ontario, Canada].

    Entire Agreement:
    This Agreement constitutes the entire understanding and agreement between the parties concerning the subject matter hereof and supersedes all prior and contemporaneous agreements, whether oral or written.

    IN WITNESS WHEREOF, the parties hereto have executed this Commercial Licensing Agreement as of the Effective Date.