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License Agreement

BY USING ANY STOCKVIDEOPHOTO PRODUCT, WHETHER VIA DOWNLOADOR ON CD ROM YOU AGREE TO BE BOUND BY THE TERMS OF THIS AGREEMENT. IF YOU ARE ENTERING THIS AGREEMENT ON BEHALF OF YOUR EMPLOYER, THE LICENSE GRANTED AND RESTRICTIONS AND LIMITATIONS RECITED HEREIN APPLY TO YOUR EMPLOYER AS WELL AS TO YOU AS A REPRESENTATIVE OF YOUR EMPLOYER. SHOULD YOU CEASE WORKING FOR YOUR EMPLOYER, YOUR EMPLOYER MAY CONTINUE TO OPERATE UNDERTHIS AGREEMENT.

Grant Of License

Upon use of the Digital Media Files, you are granted a non-exclusive, non-transferable license to use and modify the Digital Media Files subject to the following terms and conditions:

Single Use License

The Digital Media Files may only be modified or used in unmodified form, on one computer at any one time. You may not rent, lease, lend, sell or sublicense the Digital Media Files to another person, company or other entity. Anything you produce using the Digital Media Files must be for your own use, or for the use of your employer, client or customer, who must be the end-user of your work. Please contact StockVideoPhoto for a multi-seat site license if you need to use the Digital Media Files over a network for multiple users.

Non-Retail Uses

The Digital Media Files may be incorporated into a derivative work such as a film, video, broadcast, multimedia, advertisement, live performance, internet, presentation, or print project, but the Digital Media Files and any derivative work thereof may not be used, sold, licensed, reproduced, distributed or displayed as stand-alone backgrounds, stock or effects imagery elements, made available as downloadable files or included in any other clip media/stock product, library, collection, or set of clips for distribution or resale. These terms apply even if the Digital Media Files have been significantly altered.

Marketing and Promotion

Unless StockVideoPhoto receives written notification from you to the contrary, you hereby grant StockVideoPhoto the right to display any derivative works within your possession or control that incorporate one or more of the Digital Media Files at tradeshows, in collateral, and/or via electronic distribution for marketing, educational, and promotional purposes as examples of customer usage. At your request, Stock Video Photo will identify you as the author of such derivative work.

Special Limitations

The Digital Media Files may not under any circumstances be used in or in conjunction with pornographic, defamatory, obscene, fraudulent, libelous, infringing, immoral, or illegal material.

Copyright

All Digital Media Files are copyright of StockVideoPhoto or its subsidaries and licensors and are protected by United States Copyright laws, international treaty provisions and other applicable laws. No title or intellectual property rights in the Digital Media Files is transferred to you. StockVideoPhoto and its parent company VIP Studios retains all rights not expressly granted by this license Agreement.

Liability

StockVideoPhoto will not be liable to you for any special, indirect, consequential, punitive, or incidental damages (including, without limitation, damages for loss of business profits, business interruption, loss of business information, or any other pecuniary loss) arising out of the use of or inability to use the Digital Media Files. LICENSOR'S ENTIRE LIABILITY AND YOUR EXCLUSIVE REMEDY SHALL BE no more than the amount paid for the particular Digital Media Files. Your rights may vary from state to state.

Breach of Agreement

You agree to indemnify and hold StockVideoPhoto and its subsidaries harmless from and against any damages or liability of any kind arising from your use of the Digital Media Files in any form, any breach of the terms and conditions of this Agreement, or your negligent act, omission or willful misconduct. If any part of this Agreement is found void and unenforceable, it will not affect the validity of the balance of the Agreement, which shall remain valid and enforceable according to its terms. All license rights granted pursuant to this Agreement shall automatically terminate upon your breach of this Agreement.

Warranty

StockVideoPhoto warrants The Digital Media Files to be free from defects in material and workmanship for 90 days from delivery. Your sole and exclusive remedy for a breach of this warranty is the replacement of The Digital Media Files, applicable media or a refund of the purchase price, at the option of stockvideophoto.com. STOCKVIDEOPHOTO.COMMAKES NO OTHER WARRANTIES OR REPRESENTATIONS WITH REGARD TO THE DIGITAL MEDIA FILES AND ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE OR NONINFRINGEMENT ARE HEREBY DISCLAIMED.

Amendments

StockVideoPhoto reserves the right to amend this agreement at any time.

Enforceability

If any part of this Agreement is found void and unenforceable, it will not affect the validity of the balance of the Agreement, which shall remain valid and enforceable according to its terms.

Venue

This Agreement will be governed by the laws in force in the State of Washington, USA.

Subsidaries

These include but not limited to VIP STUDIOS, XSTREEM.NET and VIP PRODUCTIONS.