I understand and agree the copyrights and trademarks for these materials are owned solely by Monetized Marketing Online, LLC which has its principal place of business in Lake Mary, FL USA (the “Licensor”), and by purchasing a membership that includes this license I do not acquire any intellectual property rights to the Materials.
I agree to keep confidential the proprietary formulas and copyrighted information I receive in the Materials and agree not to publish, resell, distribute, or summarize them for others’ use in any way. I understand the Materials: (a) remain the sole and exclusive property of the Licensor, which retains all rights thereto; (b) may not be resold by me or otherwise distributed with or without consideration; (c) will not be made available by me to any other person; (d) will not be reproduced or summarized in any manner; and (e) will be destroyed or returned to the Licensor immediately upon demand should I violate any of these terms.
If the Licensor requests destruction of the Materials upon termination of this license agreement for any reason, I agree to furnish the Licensor with an Affidavit of Destruction in a form satisfactory to the Licensor acknowledging my destruction of all Materials in my possession within ten (10) business days of the termination.
If I violate the terms and conditions of this license agreement, the Licensor may pursue civil and/or criminal prosecution against me.
The term of this non-exclusive revocable nontransferable license to use the Materials extends only as long as I remain a paid member of the Membership Website and shall cease immediately upon the earlier of the termination of my membership for nonpayment of the membership fees or upon my violation of the terms and conditions of this license.
I will not at any time during or after the effective term of this license agreement, dispute or contest, directly or indirectly, the Licensor’s exclusive right and title to the Materials and/or the copyrights or the validity thereof. The Licensor, however, makes no representation or warranty with respect to the validity of any trademark or copyright which may issue or be granted therefrom.
I acknowledge the Materials and the copyrights have acquired secondary meaning.
I agree my use of the Materials inures to the benefit of the Licensor and I shall not acquire any rights in the Materials and/or the trademarks and copyrights.
Upon the expiration or termination of this license, I acknowledge all of the rights under this license agreement shall forthwith terminate and immediately revert to the Licensor and I shall immediately discontinue all use of the Materials and the like at no cost whatsoever to the Licensor.
I recognize the value of the good will associated with the Materials and acknowledge the Materials, and all rights therein including the good will pertaining thereto, belong exclusively to the Licensor.
The Licensor shall have the sole and exclusive right, in its discretion, to institute and prosecute lawsuits against third persons for infringement of the rights licensed in this agreement. All sums recovered in any such lawsuits, whether by judgment, settlement or otherwise, in excess of the amount of reasonable attorneys’ fees and other out of pocket expenses of such suit, shall be retained solely by the Licensor.
I will fully cooperate with the Licensor in the prosecution of any such suit against a third party and shall execute all papers, testify on all matters, and otherwise cooperate in every way necessary and desirable for the prosecution of any such lawsuit.
If any part of this license agreement is declared void, this license agreement, to the maximum practicable extent, shall be construed without reference to that part. No term or provision of the agreement shall be waived unless in writing and signed by the party waiving the provision, and any waiver shall apply only to the specific event or situation which it describes and shall not be continuing.
To the extent I have in any manner violated or threatened to violate the Licensor’s intellectual property rights, the Licensor may seek injunctive or other appropriate relief in any state or United States federal court, and I consent to exclusive jurisdiction and venue in such courts. Use of the Membership Website is unauthorized in any jurisdiction that does not give effect to all provisions of these terms and conditions, including without limitation this paragraph. I agree that no joint venture, partnership, employment, or agency relationship exists between me and the Licensor as a result of this agreement or use of the Membership Website, Materials, and/or services.
The Licensor’s performance of this agreement is subject to existing laws and legal process, and nothing contained in this agreement is in derogation of the Licensor’s right to comply with governmental, court and law enforcement. If any provision is determined to be invalid or unenforceable pursuant to applicable law, then the invalid or unenforceable provision will be deemed superseded by a valid, enforceable provision that most closely matches the intent of the original provision and the remainder of the agreement shall continue in effect.
This Agreement shall be governed and construed in accordance with the laws of the state identified above where Licensor has its principal place of business and the United States of America applicable to agreements made and to be performed in the state identified above where Licensor has its principal place of business. I agree any legal action or proceeding by me against the Licensor for any purpose will be submitted by me to confidential binding arbitration in the city identified above where Licensor has its principal place of business, under the commercial rules of the American Arbitration Association. Judgment upon the award rendered by the arbitration may be entered in any court with jurisdiction to do so. Any such claim brought by me under this agreement may not be aggregated with other claims by me or third parties against the Licensor.
No waiver by the Licensor of any default shall be deemed as a waiver of prior or subsequent default of the same or other provisions of this license agreement.
I fully understand and agree the license granted hereunder is personal to me and shall not be assigned by any act by me or by operation of law unless with the written consent of the Licensor.
This license agreement constitutes the entire understanding of the parties, and revokes and supersedes all prior license agreements between the parties, and is intended as a final expression of their agreement. It shall not be modified or amended except in writing signed by the parties hereto and specifically referring to this agreement. This license agreement shall take precedence over any other documents which may be in conflict with this agreement.