EXCLUSIVITY LICENSE
An exclusive license grants the licensee the sole right to use, manufacture, and sell a product or service.
The licensor, or the person or entity that owns the intellectual property, cannot grant the same rights to anyone else. And the exclusive licensee has the right to take legal action against anyone who infringes on their exclusive rights.
The licensor, or the person or entity that owns the intellectual property, cannot grant the same rights to anyone else. And the exclusive licensee has the right to take legal action against anyone who infringes on their exclusive rights.
With our exclusive license, it enables the client a single license to use the photograph without any restrictions, which means Belvaphilips loses the right to use the photograph for promotional or advertising purposes on any platform.
Rates for Exclusivity
- Digital Media - Up to 1 year - Digital Advertisement - N250,000 per picture
- Digital media - Up to 2 years - Digital Advertisement - N350,000 per picture
- Advertising(Print and Display) - Up to 1 year - Advertorial and Billboard - N400,000
- Advertising(Print and Display) - Up to 2 years - Advertorial and Billboard - N600,000
Kindly Note
Non-Exclusive License
A non-exclusive license grants the licensee the right to use the intellectual property rights, but on a non-exclusive basis. That means that the licensor can still exploit the same intellectual property rights, and he/she can also allow other licensees to exploit the same intellectual property.
A non-exclusive license grants the licensee the right to use the intellectual property rights, but on a non-exclusive basis. That means that the licensor can still exploit the same intellectual property rights, and he/she can also allow other licensees to exploit the same intellectual property.