VIDEO ASSIGNMENT - STANDARD TERMS OF AGREEMENT

1         definitions

1.1               In this Agreement, capitalised terms shall bear the meanings set out below or the meanings given to them in the Deal Terms:

"Material" means the audio, visual or audio-visual recordings (including photographs) by film, tape or any other medium (whether analogue or digital), details of which are set out in the Deal Terms;

"NextShoot Music" means the music which NextShoot makes available to the Producer for use in the Materials;

"Online Guide" means the guide for producers available on the NextShoot website which provides minimum quality guidelines and other delivery requirements applicable to all briefs;

"Third Party Consents" means all licences, permissions, consents and waivers (including a waiver of moral rights) which may be required for the use of the Material by NextShoot in accordance with this Agreement, which includes from the owners of any rights which are not owned or controlled by the Producer, any individuals performing or appearing recognisably in the Material and from the holders of any rights in any still photographs, trade marks or other proprietary rights or interests comprised in the Material;

1.2               Unless the context otherwise requires, any words and expressions used in this Agreement which are defined in the Copyright, Designs and Patents Act 1988 (including any statute modifying, re-enacting, extending or made pursuant to the same) (the "Act") shall bear the same meanings in this Agreement as are ascribed to them in that Act.

2         obligations of Producer

2.1In consideration of the payment of the Fee as set out in clause 3 below, the Producer shall:

(a)                 shoot the Material in accordance with the Brief as set out in the Deal Terms;

(b)                 provide all equipment and tape stock at the Producer's sole cost and expense;

(c)                 pay any fees due to any person or company contributing to the Material;

(d)                 deliver the Material to NextShoot in accordance with the Brief on or before the Date of Delivery as set out in the Deal Terms;

(e)                 make any changes to the Materials reasonably requested by NextShoot within a reasonable time; and

(f)                  not disclose any information of any nature relating to the Material or any of NextShoot's general affairs to any person.

3         grant of rights

3.1               The Producer unconditionally and irrevocably assigns to NextShoot with full title guarantee (by way of present assignment of present and future copyright) all copyright (including without limitation any rental and lending rights and cable re-transmissions rights) and other rights in and to the Material in all media whether now known or later developed (and whether or not in the contemplation of the parties) for the full duration of all such rights together with all renewals, reversions and extensions thereof (and thereafter, in so far as the Producer is able, in perpetuity) throughout the world.

3.2               To the fullest extent permitted by law, the Producer unconditionally and irrevocably waives all moral rights (including but not limited to those conferred by the Copyright, Designs and Patents Act 1988) or any similar rights to which the Producer may be entitled, for the full term of such rights.This waiver shall operate in favour of NextShoot and its licensees and successors in title.

3.3               The Producer undertakes to do any and all acts and execute any and all documents in such manner and at such locations as may be required by NextShoot in its sole discretion in order to protect, perfect or enforce any of the rights granted under this Agreement.

3.4               NextShoot shall be entitled to cut, edit, modify, add to, dub or alter the Material at its absolute discretion. NextShoot shall not be obliged to use the Material in any way.

4         payment

4.1               NextShoot shall pay to the Producer the Fee, which includes all delivery, handling, research, copying, retrieval and stock charges and all expenses including (but not limited to) those related to any travel, hire/transportation, sound and other equipment costs, except where any additional expenses have been previously authorised in writing by NextShoot.NextShoot's only obligation under this Agreement is to pay the Fee.It is acknowledged by the Producer that NextShoot has no other obligations under this Agreement. NextShoot's only obligation under this agreement is to pay the fee.

4.2               The Producer agrees that the Fee shall constitute a complete buy‑out of all uses in all media throughout the world and that no further payment shall be due to the Producer or any third party in respect of further exploitation of the Material.The Fee represents the entire consideration for the grant of and exploitation of the rights granted by this Agreement throughout the world and in any media whatsoever (whether now known or later developed and whether or not in the contemplation of the parties) and includes full and proper equitable remuneration in respect of the grant of all satellite, cable, rental and lending rights.

5         Nextshoot rights

5.1               From midway between the date of commencement of the Producer's obligations under the Brief and the Date of Delivery, NextShoot shall have the right to review and evaluate Producer's work to assess: (a) the amount of Materials produced and delivered by the Producer as a proportion of the total Materials deliverable on the Date of Delivery; and (b) the quality of the Materials compared to the Online Guide.

5.2               If, upon conducting a review pursuant to Clause 5.1, NextShoot believes, acting reasonably, that the Producer has not sufficiently progressed the production of the Materials in line with the Brief or that the part of the Materials already uploaded by Producer does not comply with the Online Guide then NextShoot reserves the right to:

(a)                 re-assign the Brief or any part of the Brief to a third party; and/or

(b)                 pay the Producer only such part of the Fee that's attributable to the portion of the Materials uploaded in line with the Brief at the review date.

6         clearances of third party material

6.1 The Producer warrants, represents and undertakes that:

(a)                 the Producer has obtained all Third Party Consents which may be necessary to enable NextShoot to exploit the Material;

(b)                 the Producer has obtained all necessary licences, permissions or consents from any collecting societies, unions and guilds in relation to any use pursuant to this Agreement of any musical work, sound recording, performance or contribution contained in the Material; and

(c)                 the Producer shall not use the NextShoot Music in anything other than the Materials, it being acknowledged that the Producer has no rights in the NextShoot Music.

7         warranties and indemnity

7.1                The Producer warrants, represents and undertakes to NextShoot that:

(a)                 the Producer is the sole, absolute and unencumbered legal and beneficial Producer of all rights in and to the Material throughout the world;

(b)                 the Material does not and shall not infringe any right of copyright, moral right or any right whatsoever of any third party;

(c)                 the Producer has paid any fees due to any person or company contributing to the Material;

(d)                 the Producer shall make himself aware of and at all times comply with all applicable laws and regulations and instructions of NextShoot in complying with its obligations under this Agreement; and

(e)                 nothing contained in the Material infringes or violates any rights of any person including (without limitation) any rights of copyright or rights of privacy or any other common law or statutory rights of any kind nor does it contain matter of an obscene or defamatory nature.

7.2               The Producer hereby indemnifies NextShoot and will keep NextShoot at all times fully and effectively indemnified from and against all actions, proceedings, claims, demands, costs, awards and damages however arising, directly or indirectly as a result of any breach or non-performance by the Producer of any of the Producer's obligations, undertakings or warranties contained in this Agreement.

8         DATA PROTECTION

8.1 For the purposes of the Data Protection Act 1998, as amended, Producer agrees and gives all consents necessary to the holding and processing of personal data relating to Producer in any form (whether obtained or held in writing, electronically or otherwise) by NextShoot for purposes connected with this Agreement. NextShoot reserves the right to transfer Producer's personal data in the event of a transfer of ownership of NextShoot, such as acquisition by or merger with another company.

9         miscellaneous

9.1               NextShoot shall be entitled to assign the benefit of all or any of its rights under this Agreement and all the representations, warranties and covenants on the part of the Producer contained in this Agreement shall to the extent of such assignment or grant endure for the benefit of such assignee.

9.2               All rights granted under this Agreement shall be irrevocable under all circumstances and shall not be subject to reversion, rescission, injunction or other equitable relief in the case of any breach of this Agreement by Producer. Producer's remedies in respect of any breach of this Agreement shall be limited to an action at law for damages, if any, actually suffered by Producer. Producer shall not be entitled to enjoin or restrain the distribution or exploitation of the Material or its allied or ancillary rights.

9.3               This Agreement constitutes a contract for the provision of services by Producer as an independent contractor and is not a contract of employment. Accordingly, Producer shall be responsible for the payment of taxes due under this Agreement and shall account to HM Revenue & Customs for all taxes payable on any fees or other amounts paid under this Agreement and (to the extent required by law) to the relevant authorities for any National Insurance and other statutory contributions. Producer shall indemnify and keep NextShoot indemnified against all actions, claims, demands, penalties, assessments, liabilities, surcharges and expenses in respect of those fees, amounts or contributions made against or incurred by NextShoot arising in consequence of Producer failing to pay any taxes properly payable by Producer or otherwise. The Producer is and shall be at all times under this Agreement a self-employed independent contractor of Nextshoot.  At no time shall the Producer hold himself/herself out as being an officer or employee of NextShoot. NextShoot acknowledges that it does not and will not control the working hours, location or otherwise direct the manner in which the services of the Producer are carried out under this Agreement. NextShoot shall simply have the right to approve or disapprove the final Services provided by the Producer.

9.4               Nothing in this Agreement shall impose any restriction on the manner, form or method by which NextShoot commercially exploits the Material (or refrains therefrom) at such times and in such manner and form and by such method as NextShoot in its absolute discretion may deem fit, free from any restrictions or limitations whatsoever other than those expressly set out in this Agreement.Any termination of this Agreement shall not affect any of the rights assigned or granted under this Agreement.

9.5               This Agreement constitutes the entire agreement between Producer and NextShoot.This Agreement shall only come into effect on the date that NextShoot receives a copy of this Agreement validly executed by the Producer.

9.6               Delivery of an executed signature page to this Agreement by facsimile or transmitted electronically in Tagged Image Format Files (TIFF), JPEG or Portable Document Format (PDF) or any other electronic format whether now known or later developed shall be treated as effective as delivery of a manually executed counterpart of this Agreement and the parties each waive any rights they may have to object to such treatment.

9.7               A person who is not a party to this Agreement has no right under the Contracts (Rights of Third Parties) Act 1999 (UK) to enforce any term of this Agreement (but this does not affect any right or remedy of a third party which exists or is available apart from that Act).

9.8               This Agreement and all rights and obligations arising hereunder shall be construed under and governed by the laws of England and the parties shall submit to the exclusive jurisdiction of the English courts.