Common use of Incidental Rights Clause in Contracts

Incidental Rights. Without limiting the generality of the other grants contained herein, upon Purchaser’s exercise of the Option and agreement on Contingent Compensation, the following rights are also hereby granted, sold and assigned to Purchaser solely, exclusively, in perpetuity and throughout the world, to be exercised, however, only in connection with and for the purpose of advertising, publicizing, promoting and exploiting motion picture versions of the Work, and Purchaser’s exploitation of the other rights granted herein.

Appears in 5 contracts

Samples: Option/Purchase Agreement (Waitlist, LLC), Option/Purchase Agreement (Audience Productions, Inc.), Option/Purchase Agreement (Audience Productions, Inc.)

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