“For all future projects we will require half of the invoice up front. For all late payments there will be a5% monthly fee after 15 days of the invoice going unpaid. We will notify the account holder of impending payments and ensuing late fees.
Marketing and Intellectual Property Agreement
This intellectual Property Assignment Agreement is made and entered into effect as of ____________________________
by and K&G Digital 360 LLC. (Company Name) ____________________________
1. The Recipient agrees to assign to the Company, or its designee, all right, title, and interest in and to any and all inventions, original works.
2) Notwithstanding anything to the contrary herein, any work performed by Company for the Recipient during the term of thisAgreement shall be considered a “Work Made for Hire” as defined in the U.S. Copyright laws (the “Works”), and shall be owned by and for the express the benefit of Recipient. In the event it should be established that such work does not qualify as a Work Made for Hire, Company agrees to and does hereby irrevocably assign to Recipient all of the Company’s right, title, and interest in such work product including, but not limited to, all copyrights and other proprietary rights.
Without limiting the foregoing, Recipient’s rights in the Works include the right to change, edit, and rearrange the Works, and subtract from,
add to, and combine the Works with any other material, in whole or in part, as Recipient and its successors and assigns determine in their sole discretion. The recipient has no obligation to exercise any rights granted herein.
3. The validity, construction, and enforceability of this Agreement shall be governed in all respects by the law.
This Agreement may not be amended except in writing signed by a duly authorized representative of the respective Parties. This Agreement shall control in the event of a conflict with any other agreement between the Parties with respect to the subject
matter hereof. The failure of either party to enforce its
rights under this Agreement at any time for any period shall not be construed as a waiver
of such rights