TRK DISTRIBUTION AGREEMENT

DISTRIBUTION AGREEMENT
Welcome to TRK Studios!
This Distribution Agreement ("Agreement") is entered into between TRK Studios, a production company based in India ("Licensor"), and the distributor ("Distributor"). By entering into this Agreement, both parties acknowledge that they have read, understood, and agree to be bound by its terms and conditions.
1. Grant of Rights
1.1. License: Licensor grants Distributor the non-exclusive right to distribute and exploit the following content (the "Content"):
*[List of content to be distributed, including films, TV series, comics, etc.]
1.2. Territory: The territory covered by this Agreement shall be [specify territories where distribution rights are granted, e.g., worldwide, specific countries, etc.].
2. Distribution Obligations
2.1. Distributor's Responsibilities: Distributor agrees to use its best efforts to distribute and exploit the Content in the Territory through all available distribution channels, including but not limited to theatrical release, television broadcasting, digital streaming, physical media, and merchandising.
2.2. Marketing and Promotion: Distributor shall be responsible for marketing and promoting the Content in the Territory, using reasonable efforts and financial resources to maximize its commercial potential.
3. Compensation
3.1. Royalties: Licensor shall receive royalties from Distributor based on the net revenue generated from the exploitation of the Content. Royalty rates and payment terms shall be as follows:
*[Specify royalty rates, payment schedule, and any other relevant terms]
4. Term and Termination
4.1. Term: This Agreement shall commence on [start date] and shall continue for an initial term of [specify duration, e.g., one year]. After the initial term, this Agreement may be renewed by mutual agreement of both parties.
4.2. Termination: Either party may terminate this Agreement upon written notice to the other party in the event of a material breach of the terms herein. Upon termination, Distributor shall cease all distribution and exploitation of the Content and shall return any unsold physical copies of the Content to Licensor.
5. Representations and Warranties
5.1. By Licensor: Licensor represents and warrants that it has the full right, power, and authority to grant the rights and licenses granted herein and that the Content does not infringe upon the intellectual property rights of any third party.
6. Governing Law and Dispute Resolution
6.1. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of India.
6.2. Dispute Resolution: Any disputes arising under this Agreement shall be resolved amicably through good faith negotiations between the parties. If a resolution cannot be reached, the parties agree to submit the dispute to mediation or arbitration in accordance with the laws of India.
7. Entire Agreement
7.1. Entire Agreement: This Agreement constitutes the entire understanding and agreement between the parties concerning the subject matter herein and supersedes all prior agreements and understandings, whether written or oral.
8. Acceptance
By entering into this Distribution Agreement, both parties acknowledge that they have read, understood, and agree to be bound by its terms and conditions. If you have any questions or concerns, please contacttrkstudios.in@gmail.com.
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