5.8 All rights granted hereunder do not include such rights for screen, video, television and Internet trailers and advertisements for the advertising and exploitation of the Film. 6.0 Obligations of the Rightholder 6.1 The Rightholder represents and warrants that the Composition is his original creation, that he is the sole of or controls all copyright, performance rights and any other rights in the Composition, which are granted under this Agreement. The Rightholder represents and warrants that he is entitled to grant the above defined rights to the Company. 6.2 The Rightholder has not and will not enter into any agreements or activities which will adversely affect this Agreement. 6.3 The Rightholder represents and warrants that the Composition does not and shall not infringe the copyright or any other rights of any third party in respect of the rights granted under this Agreement. The Rightholder has no knowledge of any claim or potential claim by any third party which might in any way affect the Company’s right herein. 7.0 Obligations of the Company 7.1 The License Fee For and in consideration of the rights granted by the Rightholder the Company shall pay to the Rightholder the License Fee of ISK [XXX] + VAT, as a full and final remuneration, against a proper invoice upon signature of this Agreement. No exploitation of the Composition is allowed and no license is granted under this Agreement until full payment according to this article has been made to the Rightholder. This Agreement shall not enter into force until the full payment according to this article has been made to the Rightholder. 7.2 Publishing/performance royalties The Rightholder retains all composer revenues derived from all use of the Composition such as music publishing and performance royalties and mechanical royalties herein, collected through the respective collection societies such as STEF (or publishing companies), including with regard to all audio-visual use of the Composition which generates such revenues.
5.8 All rights granted hereunder do not include such rights for screen, video, television and Internet trailers and advertisements for the advertising and exploitation of the Film. 6.0 Obligations of the Rightholder 6.1 The Rightholder represents and warrants that the Composition is his original creation, that he is the sole of or controls all copyright, performance rights and any other rights in the Composition, which are granted under this Agreement. The Rightholder represents and warrants that he is entitled to grant the above defined rights to the Company. 6.2 The Rightholder has not and will not enter into any agreements or activities which will adversely affect this Agreement. 6.3 The Rightholder represents and warrants that the Composition does not and shall not infringe the copyright or any other rights of any third party in respect of the rights granted under this Agreement. The Rightholder has no knowledge of any claim or potential claim by any third party which might in any way affect the Company’s right herein. 7.0 Obligations of the Company 7.1 The License Fee For and in consideration of the rights granted by the Rightholder the Company shall pay to the Rightholder the License Fee of ISK [XXX] + VAT, as a full and final remuneration, against a proper invoice upon signature of this Agreement. No exploitation of the Composition is allowed and no license is granted under this Agreement until full payment according to this article has been made to the Rightholder. This Agreement shall not enter into force until the full payment according to this article has been made to the Rightholder. 7.2 Publishing/performance royalties The Rightholder retains all composer revenues derived from all use of the Composition such as music publishing and performance royalties and mechanical royalties herein, collected through the respective collection societies such as STEF (or publishing companies), including with regard to all audio-visual use of the Composition which generates such revenues.
b.-Samningsform-hljodsetning-adur-utgefin-tonlist-SRJ-1.docx