Footage Released: {field:footage_title_1724698400124}

Effective Date: {field:effective_date_1724695367968}

Parties:

"Owner": {field:firstname_1724693767500} {field:lastname_1724693808049}
"Distributor": Key News Network LLC and its affiliates, including but not limited to KeyNews.IO, KeyNews.TV, MasterKey, and other distribution platforms associated with Key News Network LLC.

1. Distribution Rights:

1.1 License: The Owner grants the Distributor exclusive rights to distribute the provided video footage ("Footage") for 30 days, followed by perpetual non-exclusive distribution rights. The Distributor, through platforms MasterKey (KeyNews.IO, KeyNews.TV), and affiliated distributors, retains these rights in perpetuity but does not acquire ownership of the Footage.

1.2 Representation and Warranty: The Owner represents that they are the sole owner of the Footage or have all necessary rights to grant this license. The Footage does not infringe on any third-party rights or violate any applicable law.

1.3 Placement Efforts: The Distributor has sole discretion over how and where the Footage is distributed, including the pricing and timing of any offers.

1.4 Confidentiality: The Owner agrees not to supply the Footage or similar content to any other media outlet while the exclusive rights are in effect. Disclosure of the content to other outlets is prohibited without the Distributor’s express written consent.

1.5 Promotion and Testing: The Distributor may promote the Footage through various media, including social networks, and use it to test or evaluate new technologies. No compensation will be due for such uses, but the Owner’s rights to royalties upon commercialization are preserved.

1.6 Proof of Concepts: The Distributor may use the Footage for developing proof of concept applications or new revenue streams without compensation during the development phase, but royalties will be paid upon commercial rollout.

1.7 Distribution: The Distributor is authorized to distribute the Footage through its own platforms and through affiliates, partners, and third-party distributors worldwide, including but not limited to distribution outlets within the United States, Europe, and other global regions.

2. Ownership and Rights Protection:

2.1 Ownership: The Owner retains all ownership rights to the Footage. The Distributor’s rights do not confer ownership but include sublicensing and assignment for distribution purposes.

2.2 Rights Protection: The Distributor will assist in enforcing rights against unauthorized uses of the Footage where commercially feasible, with any recoveries being shared according to the agreed-upon royalty structure.

3. Compensation:

3.1 Payment Structure: Any payment related to the distribution or monetization of the Footage will be negotiated directly between the Owner and a Key News Network contractor. The Distributor does not guarantee payment and is not responsible for facilitating monetary transactions.

3.2 Withholding Payments: Payments may be withheld if the Owner has not completed registration or provided necessary tax information. The Owner is responsible for keeping this information updated.

4. Third-Party Systems and Content Removal:

4.1 Third-Party Systems: The acquisition and initial submission of the Footage may be conducted through third-party systems that the Distributor does not control. The Distributor is not liable for issues arising from these systems.

4.2 Content Removal: If the Owner wishes to remove their Footage, they must submit a request via the contact form at KeyNews.TV The Distributor will remove the Footage from its own platforms within 90 days but cannot guarantee removal from third-party or affiliate platforms over which it has no control.

5. Limitation of Liability:

The Distributor’s liability for any loss or damage to the Footage is capped at $100 per item, with the Owner responsible for maintaining their own backups and insurance. The Distributor is not liable for indirect, incidental, or consequential damages.

6. Governing Law and Arbitration:

6.1 Governing Law: This agreement is governed by the laws of California, United States, with jurisdiction in Los Angeles.

6.2 Arbitration: Any disputes will be resolved through binding arbitration in Los Angeles, under the rules of the American Arbitration Association. The Owner waives the right to a jury trial and class action, with limited discovery and appeal rights.

7. Miscellaneous:

7.1 Independent Contractor: The Owner operates as an independent contractor, with no partnership or employer-employee relationship with the Distributor. The Owner is responsible for all relevant licenses, insurance, and taxes.

7.2 Assignment: The Owner may not assign their obligations without the Distributor’s consent, while the Distributor may assign its rights as part of corporate restructuring.

7.3 Entire Agreement and Modifications: This document represents the entire agreement between the parties, superseding all prior agreements. Modifications must be in writing and signed by both parties.

7.4 Electronic Signature: By signing this agreement electronically, the Owner acknowledges that they have read, understood, and agreed to the terms and conditions outlined in this document.

Key News Network User Generated Content Release