Assignment of Copyright
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ASSIGNMENT OF COPYRIGHT
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1. ASSIGNMENT
(a) The Seller assigns to the Buyer the entire copyright whether vested
contingent or future in the Work and all rights of action and all other rights
of whatever nature in and to the Work whether now known or in the future created
to which the Seller is now or may at any time after the date of this Agreement
be entitled by virtue of or pursuant to any of the laws in force in any part of
the world, to hold the same to the Buyer its successors and assignees absolutely
for the whole period of such rights for the time being capable of being assigned
by the Seller together with any and all renewals revivals reversions and
extensions throughout the world.
(b) The Seller undertakes to do any and all acts and execute any and all
documents in such manner and at such locations as may be required by the Buyer
in its sole discretion in order to protect perfect or enforce any of the rights
granted or confirmed to the Buyer pursuant to this Agreement. As security for
the performance by the Seller of the Seller’s obligations under this Agreement
if the Seller shall have failed following 14 days notice from the Buyer to
execute any document or perform any act required pursuant to this Agreement the
Buyer shall have the right to do so in the place and stead of the Seller as the
lawfully appointed attorney of the Seller and the Seller undertakes and warrants
that the Seller shall confirm and ratify and be bound by any and all of the
actions of the Buyer pursuant to this Clause and such authority and appointment
shall constitute a power coupled with an interest and will be irrevocable.
2 REMUNERATION
The Buyer undertakes to pay to the Seller the sum of $40,000 USD subject to and
conditional upon the full complete and timely performance and observance by the
Seller of all the Seller’s undertakings and warranties under this Agreement
(insert remuneration details):
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