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Featured legal information article. -- Licensing Your Copyrighted Material. If youve taken the necessary steps to register your copyrighted works, you inevitably will have an opportunity to royalties off of them. To take advantage of the opportunity, you will need to be familiar with copyright license agreements. Copyright License Agreement. A copyright license agreement sets for the terms under which a third party can use your content. In legal language, you will the licensor with the other party being the licensee. The purpose of the agreement is to set forth the terms under which you, the licensor, will grant the third party, licensee, the right to use, publish or reuse your copyrighted work in exchange for a royalty. Lets take a closer look at key components of the licensing agreement. Specific Rights Granted. This may sound obvious, but the agreement needs to detail exactly what copyrighted material can be used. If you have copyrighted articles, are you granting a right to use all of the articles or only certain ones? It is highly recommended that the agreement contain a detailed description of the exact materials being covered. Once you agree upon the exact materials, you need to determine any restrictions on how the material can be used. See Licensing Your Copyrighted Material for the complete article.
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