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This Exclusive License Agreement for Literary Works (this “Agreement”), is made and
entered into as of the 9th day of March, 2020 (the “Effective Date”) by and between:
(1) Noizz Technology Pte. Ltd., a company incorporated in the Republic of Singapore
under registration number (UEN) 201818960H and with its registered office at 60
Paya Lebar Road, #08-43, Paya Lebar Square, Singapore (the “Licensee”); and
(2) Joseph Elizabeth Yewande, a citizen of Nigeria with ID / passport number
095100(Certificate of Birth) and residing at D18, Housing Estate, Post Service, Ojo,
Lagos, Nigeria (the “Licensor”).
(each a “Party” to this Agreement, and collectively referred to as the “Parties”).
WHEREAS:
A. The Licensee is the owner/co-owner and/or operator/co-operator of one or several
online literary platforms which distribute literary works over the Internet, who intend
to obtain a license from the Licensor for distributing and selling the Work (as defined
below) to the users of aforesaid platforms around the world;
B. The Licensor is the sole creator (author) of the Work, and the sole owner of the
copyright and other Intellectual Property Rights in the Work, who is willing to grant
a license to .
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2.1.8. “Licensee Affiliate” shall mean any entity that directly or indirectly controls,
is controlled by, or is under common control with the Licensee. As of the
Effective Date, Licensee Affiliates include but not limited to: YY Inc., Vlight
Technology Pte. Ltd., Hago Singapore Pte. Ltd., Gokoo Technology Pte. Ltd.,
Justmae Technology Pte. Ltd., Guangzhou Huaduo Network Technology Co.,
Ltd. and Guangzhou Ruyi Information Technology Co., Ltd. For the
purpose of this Clause, “control” shall mean the direct or indirect ownership
of 50% or more of the capital stock or other ownership interest of any entity
or the possession, directly or indirectly, of the power to direct the
management and policies of such entity by ownership of voting securities, by
contract, or otherwise.
2.1.9. “Net Revenue” shall have the meaning ascribed to such term in Clause 5.3 of
this Agreement.
2.1.10. “Payment Threshold” shall have the meaning ascribed to such term in
Clause 5.5.2 of this Agreement.
2.1.11. “Platform” shall have the meaning ascribed to such term in Clause 3.9 of this
Agreement.
2.1.12. “Platform Rules and Notices” shall mean the term of use, terms of services,
user agreement, rules, policies, instructions, notices, notifications, community
guidelines, code of conduct and other terms and conditions applicable to the
users (whether or not registered) of the Platform and regulating the use of the
Platform, which are promulgated and updated by the operator of the Platform
in its sole discretion from time to time, applicable to platform users, whether
being readers or authors or other roles.
2.1.13. “Royalty” shall have the meaning ascribed to such term in Clause 5.2 of this
Agreement.
2.1.14. “Term” shall have the meaning ascribed to such term in Clause 9.1 of this
Agreement.
2.1.15. “Work” shall have the meaning ascribed to such term in Clause 3.1 of this
Agreement.
2.2. Interpretation
In this Agreement, unless the context otherwise requires:
(a) references to the masculine, the feminine or neuter gender shall include each
of the other genders;
(b) any reference to the singular shall include the plural and vice-versa;
(c) headings, sub-headings and bold typeface are only for convenience and shall
be ignored for the purposes of interpretation;
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(d) The Schedules form part of this Agreement and shall have effect as if set out
in full in the body of this Agreement. Any reference to this Agreement
includes the Schedules. References to Clauses and Schedules are to the
clauses and Schedules of this Agreement.
(e) the terms “hereof,” “herein,” “hereby,” “hereto” and derivative or similar
words refer to this entire Agreement or specified Clauses and Schedules, as
the case may be;
(f) references to a “person” shall be construed so as to include any individual,
firm, company, government, state or agency of a state, local or municipal
authority or government body or any joint venture, association or partnership
(whether or not having separate legal personality);
(g) references to any legislation or law or to any provision thereof shall include
references to any such law or provisions as it may, after the execution date of
this Agreement, be amended, supplemented or re-enacted, and any reference
to a statutory provision shall include any subordinate legislation, policies,
guidelines, orders or other instruments issued from time to time thereunder;
(h) any words following the terms “including”, “include”, “in particular”, “for
example” or any similar expression shall be construed as illustrative and shall
not limit the sense of the words, description, definition, phrase or term
preceding those terms;
(i) any reference in this Agreement, to consent or approval or similar connotation,
unless expressly stated otherwise, shall be in writing (which also includes
facsimile, scanned signed copies delivered in email communications), or
through online operations on the Platform (if applicable);
(j) no provision of this Agreement shall be interpreted in favour of or against any
Party by reason of the extent to which such Party or its counsel participated in
the drafting hereof;
(k) any word count or similar statistics for text works shall be made using the
“Word Count” function provided in the Microsoft Word software in its latest
formally released version for personal computers; and
(l) any reference to books, records, statistics or other information means books,
records, statistics or other information in any form including, without
limitation, paper, film, electronically stored data, magnetic and optical media.
4. Further Cooperation
4.1. Publicizing and Promotion of the Work
The Licensee agrees to, subject to the Licensor’s fulfillment of all obligations under
this Agreement and the availability of relevant resources, provide promotional
resources on the Platform and/or through other promotional channels to publicize and
promote the Work, in order to build up and increase the popularity and reputation of
the Work and the Licensor.
4.2. Collaboration by the Licensor
The Licensor undertakes to actively collaborate with the Licensee in all kinds of
promotional activities conducted throughout the Term, in particular the promotion
campaigns in connection with the publication (whether online or off-line) and sales
of the Work, if so reasonably requested by the Licensee.
4.3. Use of Name
The Licensee shall have the right to use the name (including a nom de plume, or pen
name), likeness and biography of the Licensor in advertising and publicity material
relating to the Work or the Platform.
4.4. Derivative Works
During the Term, if the Licensor create any derivative works (each a “Derivative
Work”) for the Work, including without limitation a sequel, prequel or side story
(whether anterior or subsequent to the Work in term of the chronological order of the
story), the Licensee shall automatically be granted a license to use and exploit such
Derivative Work under the same terms and conditions set forth in this Agreement.
The Parties shall as soon as practicable discuss and agree on the Royalty rate to be
applied on such Derivative Work and sign a written addendum or a separate license
agreement to record such Royalty rate arrangement. The Licensor shall be free to
license the Derivative Works to third parties, but shall give the Licensee prior written
notice and ensure that such licenses do not contain any term in conflict with the
provisions of this Agreement.
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in this Agreement, the Licensee undertakes to pay to the Licensor a monthly royalty
(the “Royalty”) during the Term at the amount, rate or based on the formula set forth
in Clause 1.8 of this Agreement.
5.3. Calculation of Net Revenue
When the Royalty is calculated on the basis of Net Revenue, this Clause 5.3 shall
apply. With regard to the Work, the Net Revenue in a given period means all revenue
generated and actually received by the Licensee arising from the direct purchase and
subscription to the Work (or any part thereof) by the users of the Licensee in that
period, no matter such revenue is generated from the Platform or other digital
networks sales channels (the “Net Revenue”). Thus, for the avoidance of doubt, all
payment channel costs (e.g. revenue deducted by application markets such as Google
Play and Apple App Store), tax and commission fees levied and charged by third
parties, etc. before the revenue is actually received by the licensee shall be excluded
from Net Revenue; any account receivables that have not been received by the
Licensee shall not form a part of Net Revenue as well.
5.4. Bonus
As incentives, prizes, welfare or subsidies to the Licensor, the Licensee may, but is
not obliged to, from time to time grant bonuses to the Licensor, with or without
conditions, thresholds or limitations. Such amounts of bonuses may be contributed
by the Licensee, other users of the Platform (e.g. in the form of tips or virtual gifts)
or other sponsors. The rules about such bonuses may be set forth in the Platform
Rules and Notices promulgated by the Licensee, who has the right to start, stop or
suspend one or more such bonuses, and update such rules from time to time, at its
sole discretion without giving reasons.
5.5. Payment of Royalty and Bonus (if any)
5.5.1. The Royalty and bonus (if any) shall be calculated and checked by the end of
each calendar month.
5.5.2. In and only in the event that the amount of Royalty and bonus payable to the
Licensor for a calendar month reaches or exceeds Two Hundred United States
Dollars (USD 200, the “Payment Threshold”), the Licensee shall pay such
amount to the Licensor on or before the twentieth (20th) day of the subsequent
month. The Licensee has the right to, in its sole discretion, make such
payment to the Licensor through bank remittance, third-party payment
services e.g. Payoneer (which may require the Licensor to open an account
with such payment service providers) or in any other lawful ways. For the
avoidance of doubt, if the amount payable is below the Payment Threshold,
such amount shall be withheld and accumulated with the Royalty and bonus
(if any) generated in the subsequent months, until the accumulated amount
reaches or exceeds the Payment Threshold.
5.5.3. If the Licensor receives payments through bank remittance, the bank may
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(e) the Work contains nothing that violates applicable laws, Platform Rules and
Notices or public morality, or is defamatory or indecent; and
(f) the Licensor has obtained releases or permissions in a form satisfactory to the
Licensee signed by all relevant persons in relation to all quotations,
illustrations, photographs and other third party material used in the Work and
shall deliver original or certified copies to the Licensee when delivering the
corresponding part of the Work.
7. Confidentiality
7.1. Each Party shall keep (i) this Agreement, (ii) the cooperation contemplated hereunder
and (iii) all trade secrets and business information not known to the public (for
example the sample Outlines provided under Clause 3.2.3, and amount of Rewards
obtained under this Agreement) revealed by the other Party during the negotiation or
performance of this Agreement (collectively referred to as the “Confidential
Information”) confidential, including for the avoidance of doubt the existence of
this Agreement. None of the Parties shall issue any public release or public
announcement or otherwise make any disclosure concerning this Agreement without
the prior approval of the other Party. Nothing in this Clause 10 shall restrict the
Parties from disclosing Confidential Information for the following purposes:
(a) to the extent that such Confidential Information is in or enters the public
domain other than by breach of this Agreement;
(b) to the extent that such Confidential Information is required to be disclosed by
any applicable law or required to be disclosed to any governmental authority
to whose jurisdiction the Parties are subject, provided that such disclosure
shall be made after due consultation and discussion with the other Party
where possible;
(c) to the extent that the Licensee is at a position to disclose or display this
Agreement or its Schedules as an evidence of rights under this Agreement, or
such disclosure or display is necessary for the Licensee to exercise its rights
or enjoy its interests under this Agreement.
(d) in so far as it is disclosed to the employees, directors or professional advisers
of the Parties, including their affiliates, as the case may be, provided that each
Party shall ensure that such persons treat the Confidential Information as
confidential on the same terms as set out in this Clause 10;
(e) to the extent that any such Confidential Information is later acquired by any
Party from a source not obligated to any other Party or its affiliates to
maintain the confidentiality of such Confidential Information;
(f) to the extent that such Confidential Information was previously known or
already in the lawful possession of any Party prior to disclosure by the other
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Party;
(g) to the extent that any information materially similar to the Confidential
Information shall have been independently developed by any Party without
reference to any Confidential Information furnished by the other Party.
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10. Notices
10.1. Ways of Communication
Each notice, demand or other communication given or made under this Agreement
shall be in writing and delivered or sent to the relevant Party at its address set forth at
the beginning of this Agreement, as a scanned signed copy at its electronic mail
address or at its fax number set out below (or such other address or fax number as the
addressee has specified in writing to the other Party).
10.2. International Delivery
Any notice, demand or other communication given or made by letter between nations
shall be delivered by hand delivery or personal messenger, facsimile or international
courier service.
10.3. Communication through the Platform
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12. Miscellaneous
12.1. Bind and Inure
This Agreement shall be binding on, and inure to the benefit of, the Parties and their
respective personal representatives, successors and permitted assigns, and references
to any Party shall include that Party’s personal representatives, successors and
permitted assigns.
12.2. Amendment, Supplement and Assignment
This Agreement may not be amended, modified, supplemented or revoked, in whole
or in part, except by an agreement in writing signed by each of the Parties hereto.
The Licensee may at any time assign, mortgage, charge, subcontract, delegate,
declare a trust over or deal in any other manner with any or all of its rights and
obligations under this Agreement; while the Licensor shall not assign, mortgage,
charge, subcontract, delegate, declare a trust over or deal in any other manner with
any or all of his rights and obligations under this Agreement, without the prior
written consent of the Licensee.
12.3. Entire Agreement
This Agreement constitutes the entire agreement between the Licensor and the
Licensee with regard to the Work, and supersedes and extinguishes all previous
agreements, promises, assurances, warranties, representations and understandings
between the Parties, whether written or oral, relating to its subject matter.
12.4. Severability
When possible, each provision of this Agreement shall be interpreted in such manner
as to be effective and valid under all applicable law, but if any provision of this
Agreement is held to be prohibited by or invalid under any applicable law, such
provision shall be ineffective only to the extent of such prohibition or invalidity,
without invalidating the remainder of this Agreement. The Parties shall make a good
faith effort to replace the invalid or unenforceable provision with a valid one that
conforms as nearly as possible with the original intent of the Parties.
12.5. Relationship of the Parties
The Parties’ relationship, as established by this Agreement, is solely that of
independent contractors, and is for cooperation purpose only. Nothing in this
agreement is intended to, or shall be deemed to, establish any labour, personal
services, partnership or joint venture between the Parties. The Licensor shall in no
circumstances be considered as an employee of the Licensee solely because of this
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Agreement. Neither Party is a representative nor agent of the other Party, and neither
Party can assume or create any obligation, representation, warranty or guarantee,
express or implied, on behalf of the other Party for any purpose whatsoever.
12.6. Third Party Rights
All rights, benefits and remedies under this Agreement are solely intended for the
benefit of each of the Parties and their successors and permitted assigns, and no third
party shall have any rights whatsoever under this Agreement. This Agreement does
not give rise to any rights under the Contracts (Rights of Third Parties) Ordinance
(Cap. 623) to enforce any term of this Agreement by a third party.
12.7. Remedies
The rights and remedies herein expressly provided are cumulative and not exclusive
of any other rights or remedies which any Party would otherwise have at law, in
equity, by statute or otherwise.
12.8. No Waivers
Except as otherwise expressly provided herein, no failure to exercise, delay in
exercising or single or partial exercise of any right, power or remedy by any Party,
and no course of dealing between the Parties, shall constitute a waiver of any such
right, power or remedy. No waiver shall be valid unless in writing and signed by the
Party against whom such waiver is sought to be enforced.
12.9. Execution and Counterparts
This Agreement shall enter into force on the Effective Date if duly signed by both
Parties. This Agreement is executed in two (2) originals; each Party holds one
original, which shall have the same legal effect.
(Remainder of this page left blank intentionally; signature page to follow.)
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IN WITNESS WHEREOF, each of the undersigned has caused this Agreement to be duly
signed as of the date above first written.
Name: ●
Designation: ●
(Nota bene: If the Licensor has attained the age of majority as provided by the law of the nation of his
nationality and residence of the Licensor) or older, and has full civil capacity, then the guardian of the
Licensor does not need to sign; otherwise the guardian of the Licensor must sign this Agreement on
behalf of the Licensor.)
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CERTIFICATE OF LICENSE
The undersigned has also granted the Licensee the right to complain, claim, prosecute,
bring other legal actions and proceedings of any nature concerning the copyright and any
other Intellectual Property Rights in and to the Work throughout the world, or any
infringement of the aforesaid rights, and to collect any and all recoveries of damages,
penalties, costs and/or other compensations by reason of infringement of any such rights.
.
The Licensor:
Dated this
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