The contracts toolkit

• Using the contract checklists
• Gallery, Dealer, Agent checklist
• Licensing reproductions checklist
• 1 Using the Licensing reproductions checklist
• 2 Purpose of a reproduction license
• 3 Right to grant a license
• 4 The parties
• 5 The work
• 6 Commissions
• 7 Extent of the license being granted
• 8 Territory
• 9 Exclusivity
• 10 Copyright & Moral rights
• 11 Fees and royalties
• 12 Artistic control
• 13 Free samples
• 14 Ownership of artwork
• 15 Duration
• 16 Fine prints and limited editions
• 17 Termination
• 18 Changing the agreement
• 19 Governing law
• 20 Signatures
• 21 Further information
• 22 Protecting an idea
• 23 The lot
• Commissions checklist

Licensing reproductions

17 Termination

• Under what conditions can the license agreement be terminated? The artist must be able to end the licence and stop the further selling of the licensed product if the licensee fails to carry out the contract or has gone bankrupt. Once given a notice of termination cannot be unilaterally withdrawn.
• Can the contract be terminated if the licensee fails to sell in sensible commercial quantities?
• Can the contract be terminated if the licensee sells their business?
• Can the contract be terminated if the licensee fails to pay a fee or any other payment within an agreed time limit?
• What is the length of the permitted sell-off period when the license comes to an end or is terminated? The licensee is commonly allowed to sell off unsold stocks of the products for a limited period at the end of the licence. Royalties will continue to be due on all such sales.
• When the license comes to an end or is terminated can the artist buy the stock from the licensee at cost?