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// clip submission
WHEREAS, the Licensee seeks to obtain the exclusive right to use, copy, display, distribute, and publish the content submitted by the Licensor for monetization and commercial purposes;
WHEREAS, the Licensor agrees to grant the Licensee an exclusive license in accordance with the terms set forth herein;
WHEREAS, the Licensor may be entitled to a predetermined percentage of profits generated by such content, in accordance with these terms;
NOW, THEREFORE, in consideration of the mutual promises contained herein, the parties agree as follows.
The content consists of all video material specified at the time of submission. This includes — but is not limited to — any identifiable individuals, locations, sounds, trademarks, logos, and all other rights depicted or contained in the submitted material (the "Content"). The Licensor agrees to supply the Content in such formats and by such means as Rank Placko may reasonably require.
The Licensor hereby grants Rank Placko an exclusive, worldwide, royalty-bearing, and perpetual license to use, edit, display, and monetize the Content on YouTube, TikTok, and all other social media platforms. This includes the right to:
This license applies retroactively to any use of the content prior to the execution of this Agreement.
This license is retroactive and applies to Rank Placko's use of the Content beginning from the original date of publication, including any prior use before the execution of this Agreement. The Licensor acknowledges and agrees that Rank Placko had permission to use the content as of its original publishing date.
Rank Placko agrees to pay the Licensor 50% of all revenue directly generated by videos containing the licensed Content, as calculated by YouTube AdSense, TikTok, or similar platforms. Payments will be made via Cash App, PayPal, bank transfer, or another mutually agreed method.
Payments will be issued on the following schedule:
If any platform becomes demonetized during a payment cycle, the Licensor will still receive all payments owed for that month based on revenue accrued before demonetization.
This Agreement shall commence on the submission date and continue in perpetuity. It may be cancelled at any time by mutual consent with thirty (30) days written notice (the "Termination Date").
In the event both parties mutually agree to terminate, Rank Placko agrees to cease any further sales of the Content within thirty (30) days of confirmation; however, the Content may remain on our pages and may continue to be monetized during that period.
Any agreements or conversations relating to the Content that began prior to the Termination Date shall persist beyond that date. This includes any long-term licensing of Content and any renewals arising from prior agreements. Should you breach this Agreement, Rank Placko may terminate it and withhold any outstanding payments relating to the Content.
You will remain the sole copyright owner of the Content, and Rank Placko assumes no responsibility for its creation or any related copyright matters. Rank Placko shall not be liable for any costs, expenses, damages, liabilities, claims, or fees arising from the production or use of the Content, or from any breach of warranties made under this Agreement.
You agree to indemnify and hold harmless Rank Placko, along with its officers, employees, successors, licensees, permitted assigns, and any authorized third parties, from and against all claims, demands, actions, losses, damages, or expenses (including direct, indirect, or consequential losses, loss of profit or reputation, legal fees, and other related costs) that may arise from:
This indemnity shall remain in effect even after the termination of this Agreement.
This Agreement cannot be changed or altered unless both parties agree in writing. If any part of this Agreement is found to be invalid, illegal, or cannot be enforced, that does not affect the rest of the Agreement. All other parts will still remain valid and fully enforceable. Every other term and condition in this Agreement continues to have full effect, even if one part does not.
This Agreement can be signed in multiple copies, and together they count as one agreement. It becomes valid and effective from the date you sign it — either on paper, with an electronic signature, or by sending digital confirmation like an email saying you agree. You agree that using an electronic signature, clicking "Accept" or "Submit," or sending digital confirmation is just as legally valid as signing with a pen.