GENERAL RELEASE AGREEMENT
THIS DOCUMENT SERVES AS AN AGREEMENT BETWEEN BAGTAZO AND "BORROWER." "BORROWER" SERVES AS ANY BUYER, WARDROBE STYLIST, OR HAIR STYLIST BORROWING SAMPLES FROM BAGTAZO. AGREEMENT IS BOUND TO ASSOCIATED "ESTIMATE" SENT TO BORROWER FROM BAGTAZO.
BORROWER WILL SHARE ALL PHOTOGRAPHS, VIDEOS & ANY OTHER MEDIA CREATED WHILE USING BAGTAZO PRODUCTS.
BORROWER WILL PROVIDE MEDIA PASS-OFF DATE AND DELIVER MEDIA ON OR BEFORE DATE.
BORROWER IS AWARE OF THE PRODUCT VALUE LENT BY BAGTAZO AND AGREES TO REIMBURSE ANY DAMAGED GOODS AT FULL VALUE.
BUYERS SHALL ONLY USE PHOTOGRAPHS OF SAMPLES FOR INTERNAL PURPOSES UNLESS OTHERWISE AGREED UPON IN WRITING.
This Agreement is made and entered into as of the last date entered below (the “Date”) by and between BAGTAZO, LLC, aN ACCESSORIES company, having its principal place of business at 1265 DECATUR ST, 2L BROOKLYN, NY 11207
NON-EXCLUSIVE LICENSE OF RIGHTS:
BORROWER hereby grants to BAGTAZO ("LENDER") a non-exclusive, worldwide, royalty-free, irrevocable, unlimited, sub-licensable and transferable license to use all of the materials submitted by Owner, including but not limited to:
(a) the Photographs,
(b) the other information set forth on the Photo information Form, and
(c) the name, image, likeness, biographical data, and business information of the Owner and the Owner’s business as set forth below and/or on the Photo Information Form (collectively “the Licensed Materials”), all as follows:
(d) the right to edit, adapt, reproduce and generally exploit the Licensed Materials, alone and /or in conjunction with other materials, in connection with Latest Hair Magazine and other publications of Publisher for the professional beauty industry;
(e) the right to prepare and exploit derivative works based on the services of all kinds; and
(f) the right to print, publish, distribute, display, exhibit and transmit the Licensed Materials as described above. The rights licensed to LENDER may be exploited in any way and all media and other means of expression, whether now known or hereafter devised, including but not limited to, by way of example only, print, electronic and digital media of all kinds.
Waiver and Release:
BORROWER hereby waives and releases any and all rights of publicity, rights of privacy, moral rights, and/or rights under the law of defamation that BORROWER may be entitled to assert in connection with the Photographs and the uses of the Licensed Materials otherwise permitted under this Release.
LENDER will not pay BORROWER and LENDER will owe no amounts to BORROWER by reason of any exploitation of the rights set forth above.
LENDER SHALL PROVIDE AN ASSOCIATED ESTIMATE OUTLINING INDIVIDUAL PRODUCT VALUES, AS WELL AS PRODUCT TOTALS FOR ALL PRODUCTS BORROWED. ESTIMATE OUTLINES RETAIL VALUE OF EACH ITEM. BORROWER AGREES TO COMPENSATE THE FULL VALUE OF PRODUCT FOR ANY DAMAGES INCURRED TO PRODUCTS DURING USE.
Rights of LENDER:
LENDER shall have the right but not the obligation to exploit the rights set forth above in its sole and absolute discretion. In the event of any inadvertent failure to afford credits by Publisher in connection with Publisher’s use of the Photographs and/or other Licensed Materials, Publisher agrees to afford such credits at the first convenient opportunity.