Bodoggos NFT Ownership Terms
Last Updated 06/19/2023
ASSIGNMENT & LIMITED LICENSE TO USE
PERSONAL USE
IN CONSIDERATION OF THE PURCHASE PRICE, AS DEFINED HEREINAFTER, AND SUBJECT TO THE PRIMARY OWNER'S CONTINUED COMPLIANCE WITH THE TERMS OF THIS AGREEMENT AND ALL APPLICABLE LAWS, THE CREATOR HEREBY GRANTS A LIMITED, WORLDWIDE, NONEXCLUSIVE LICENSE TO THE PRIMARY OWNER TO COPY, ACCESS AND USE THEIR BODOGGOS NFT AND RELATED ART FOR THE PRIMARY OWNER'S OWN PERSONAL, NON-COMMERCIAL USE, PROVIDED THAT THE PRIMARY OWNER KEEPS ALL COPYRIGHT AND OTHER PROPRIETARY NOTICES INTACT.
COMMERCIAL USE
PRIMARY OWNER IS GRANTED A LIMITED, WORLDWIDE, NONEXCLUSIVE LICENSE TO COPY, ACCESS, USE AND OTHERWISE EXPLOIT THE PRIMARY OWNER'S BODOGGOS NFT AND RELATED ART, FOR THE PURPOSE OF COMMERCIALIZING AND PROMOTING THEIR OWN GOODS AND SERVICES, WHICH SHALL INCLUDE THE RIGHT TO PRODUCE AND SELL GOODS AS WELL AS SERVICES THAT INCLUDES, CONTAINS, OR CONSISTS OF THE GRAPHICAL IMAGE OF THE PRIMARY OWNER'S BODOGGOS NFT, PROVIDED THAT SUCH COMMERCIAL USE DOES NOT RESULT IN THE PRIMARY OWNER EARNING MORE THAN FIVE HUNDRED THOUSAND DOLLARS ($500,000), OR ITS EQUIVALENT IN ETHEREUM OR ANY CURRENCY, IN GROSS REVENUE IN ANY TWELVE MONTH PERIOD, DIRECTLY OR INDIRECTLY, INCLUDING BUT NOT LIMITED TO THROUGH ANY AND ALL RELATED ENTITIES AND FAMILY MEMBERS, UNLESS AN EXEMPTION OR BROADER LICENSE IS EXPRESSLY GRANTED BY THE CREATOR.
PRIMARY OWNER IS ALSO GRANTED A LIMITED, WORLDWIDE, NONEXCLUSIVE LICENSE TO COPY, ACCESS, USE AND OTHERWISE EXPLOIT THE PRIMARY OWNER'S BODOGGOS NFT AND RELATED ART, INCLUDING BUT NOT LIMITED TO SUBLICENSING IT, FOR THE PURPOSE OF COMMERCIALIZING AND PROMOTING THIRD PARTY GOODS AND SERVICES IN A MANNER THAT INCLUDES, CONTAINS, OR CONSISTS OF THE GRAPHICAL IMAGE OF THE PRIMARY OWNER'S BODOGGOS NFT, PROVIDED THAT SUCH COMMERCIAL USE DOES NOT RESULT IN THE SUBLICENSEE EARNING MORE THAN FIVE HUNDRED THOUSAND DOLLARS ($500,000), OR ITS EQUIVALENT IN ETHEREUM OR ANY CURRENCY, FOR ANY PROJECT FOR WHICH IT TAKES A SUBLICENSE AND/OR OTHERWISE UTILIZES THE NFT AND RELATED ART, IN ANY TWELVE MONTH PERIOD, DIRECTLY OR INDIRECTLY, INCLUDING BUT NOT LIMITED TO THROUGH ANY AND ALL RELATED ENTITIES AND FAMILY MEMBERS, UNLESS AN EXEMPTION OR BROADER RIGHT TO SUBLICENSE IS EXPRESSLY GRANTED BY THE CREATOR.
THIS LIMITED LICENSE FOR COMMERCIAL USE IS SUBJECT TO THE FOLLOWING CONDITIONS:
- PRIMARY OWNER AND/OR ANY SUBLICENSEE DOES NOT HAVE ANY RIGHT TO MODIFY OR PRESENT ITS BODOGGOS NFT OR RELATED ART IN ANY WAY OR ANY CONTEXT THAT DEPICTS HATRED, INTOLERANCE, VIOLENCE, CRUELTY, OR ANYTHING ELSE THAT COULD REASONABLY BE FOUND TO CONSTITUTE HATE SPEECH, BE OFFENSIVE, DEMEANING, NOT COMPORT WITH THE INCLUSIVE VALUES OF THE BODOGGOS BRAND AND COMMUNITY, OR OTHERWISE INFRINGE UPON THE RIGHTS OF OTHERS OR THE BODOGGOS COMMUNITY;
- PRIMARY OWNER MAY NOT USE AND/OR SUBLICENSE THEIR BODOGGOS NFT OR RELATED ART TO PROMOTE, ADVERTISE, MARKET, OR SELL ANY THIRD PARTY GOOD OR SERVICE WITHOUT SUCH USE AND/OR SUBLICENSE BEING EXPRESSLY APPROVED BY THE CREATOR;
- PRIMARY OWNER MAY NOT USE THE NAME "BODOGGOS" OR ANY BODOGGOS NAME, LOGO OR TRADEMARK, THE NAME OF ANY BODOGGOS CHARACTERS (AS APPLICABLE), OR ANY ANIMATION, CHARACTERS, THEMES OR OTHER MATERIAL RELATED TO THE CREATOR'S OWN DIGITAL CONTENT; AND
- PRIMARY OWNER MAY NOT COMBINE ITS BODOGGO WITH ANY OTHER BODOGGO OR MODIFIED BODOGGO THAT IT DOES NOT OWN, EXCEPT ON EXPLICIT PERMISSION OF THE OTHER BODOGGO OWNER; AND
- THE PRIMARY OWNER MAY NOT ATTEMPT TO TRADEMARK, COPYRIGHT, OR OTHERWISE ACQUIRE ADDITIONAL INTELLECTUAL PROPERTY RIGHTS IN OR TO "BODOGGOS" OR ANY BODOGGOS NFT OR RELATED ART OR CONTENT.