Stock Image Licensing Agreement
This Stock Image Licensing Agreement (the “Agreement”) is entered into by and between SunnValley LLC (“Licensor”) and the undersigned client (“Licensee”) and is effective as of the date of execution.
1. License Grant
Licensor grants Licensee a limited, non-exclusive, non-transferable, and revocable license to use the stock images provided by Licensor (“Stock Images”) solely for use on websites designed and hosted by SunnValley LLC. This license is granted at no additional cost to Licensee, provided that the Stock Images are used exclusively for projects created, designed, and hosted by SunnValley LLC.
2. Permitted Use
The Stock Images may be used only on websites designed and hosted by SunnValley LLC. The Stock Images may not be used on any other websites, platforms, or media without the express written consent of Licensor. The Stock Images may not be used for any other purpose, including but not limited to print media, social media, advertising, or any other digital or physical format, without the purchase of a separate license from Licensor.
3. Restrictions
Licensee is strictly prohibited from transferring, sublicensing, reselling, or otherwise allowing any third party, including but not limited to new designers or web developers, to use the Stock Images. The Stock Images may not be used on any website not designed or hosted by SunnValley LLC, and any attempt to do so will constitute a material breach of this Agreement.
4. Ownership
Licensor retains all rights, title, and interest in and to the Stock Images, including all intellectual property rights. Licensee acknowledges that no ownership rights in the Stock Images are transferred to Licensee by this Agreement.
5. Termination
This Agreement and the license granted herein will automatically terminate if Licensee breaches any of the terms of this Agreement. Upon termination, Licensee must immediately cease all use of the Stock Images and remove them from any websites, platforms, or media not in compliance with this Agreement.
6. Indemnification
Licensee agrees to indemnify, defend, and hold harmless Licensor from any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys’ fees) arising out of or related to Licensee’s use of the Stock Images in violation of this Agreement.
7. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of New Hampshire, without regard to its conflict of law principles.
8. Entire Agreement
This Agreement constitutes the entire agreement between the parties regarding the use of the Stock Images and supersedes all prior agreements, understandings, and representations, whether oral or written.
9. Modifications
This Agreement may only be modified by a written agreement signed by both parties.
10. Severability
If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.
11. Waiver
No waiver of any term or condition of this Agreement shall be deemed a waiver of any subsequent breach or default of the same or similar nature.
If you are using a stock image in your design, you are bound to our stock image policy.