Nature Reviews Drug Discovery Sample Clauses

Nature Reviews Drug Discovery. The electronic versions of (a) the most recent print edition of Nature Reviews Drug Discovery; and (b) all previous print editions of Nature Reviews Drug Discovery that were first published within the previous four (4) years, from the later of the Commencement Date or the most recent of any subsequent Renewal Date (both as defined herein), but in any event all editions first published since the Commencement Date, in each case as available for access on the Internet at the URL xxxx://xxx.xxxxxx.xxx/nrd together with any additional material that the Licensor makes available to the Licensee.

Nature Reviews Drug Discovery agreement, a donation of power clause may be inserted in the option agreement to allow the grantee sign on behalf of the grantor. The utility of an option agreement is to establish the right of the producer while paying a minimum amount as option fees to the copyright holder. This allows the producer/grantee to be able to show a contractual understanding to financiers as security of investments. Usually after the option is exercised, the ownership of any work that is produced from the underlying work belongs to the grantee/producer, however, the grantor/copyright holder may be entitled to certain pre-agreed royalties. There are different types of option agreements and these agreements can be for books, television shows, or movies, etc. Acquiring an option to obtain a right in the film and television rights for a literary work (such as a novel, play, or original script) often serves as the initial step in developing a film or television project. If the literary work has been produced (and the option is exercised), the copyright owner receives a predetermined fee for granting ongoing permission to use the work in the film. Option agreements undergo extensive scrutiny throughout the lifespan of the project. The author of a book can enter into an option-purchase agreement with B who wants to make a film adaption of the book. The option agreement will give B a specific timeframe for some groundwork such as the testing of the viability of the project, raising of funds, etc. At the end of the option agreement, B can exercise his option and have the adaptation right assigned to him. Legal Framework Governing Option Agreements under the Nigerian Law. The substantive laws applicable in regulating various option agreements in the Entertainment and IP industries include: The Copyright Act 2022: The Copyright Act, 2022 governs, among others, the literary works in the IP industry, although, there are no specific requirements with respect to option agreements. Copyright provides protection for original works of authorship, including literary, musical, dramatic, artistic, and other works2. Copyright exists from the moment of creation in a fixed form; registration of the copyright while affording certain benefits, is not required. One important area of the copyright law in the context of the entertainment industry is the right of the copyright owner. A copyright owner controls who may create a work based on the artist’s original work. In Nigeria, any work eligible for copy...