This Agreement governs the terms by which photographers, videographers or other artists provide stock
photographic, video and other media content to members of the iStock.com community, on an exclusive
basis through the web site located at www.istockphoto.com (the “Site”), and to other prospective purchasers
through other distribution venues as provided for in this Agreement. [For the non-exclusive Artist's Supply Agreement, go to this link]. This Artist's Supply
persons providing content to or downloading content from the Site have previously entered into. In the event of
Agreement shall govern.
Background of Agreement
If you have access to this Agreement, you qualify for the exclusivity program of iStock
whereby in return for increased compensation, artists agree to provide exclusivity to
iStock for elements of the visual content produced by them. Because iStock offers different
categories of content, this agreement may differentiate among categories of content that you produce,
such as still photography, which includes all raster files (for greater clarity, raster files include, but are
not limited to, photographs, 3D renders, photographs of works of art that otherwise meet iStock
standards and digital scans) (collectively, “Photo Content”), illustrations (for greater clarity, illustrations
include all vector files) (“Illustration Content”), or video files, animations (“Video Content”) and
related material produced by Supplier. Exclusivity with respect to one or more categories
of Exclusive Content (as defined below) depends on your qualification under each such
category, and to the selection of the chosen categories under the “Exclusivity” portion of
the preferences panel in your account profile on the Site. If you do not wish to provide
such exclusivity, but wish to provide royalty-free stock Content on a non-exclusive basis,
the correct agreement can be found here.
Changing the file type of Exclusive Content
(for example creating a vector file from an exclusive 3D raster file) does not enable otherwise Exclusive
Content to become non-exclusive Content.
This is a fairly lengthy document, and it contains many important provisions that affect your rights and obligations. By confirming your acceptance of this Agreement this becomes a binding legal agreement between any member intending to upload data or materials onto the Site on an exclusive basis for the relevant category of content (in this agreement referred to as “you” or the “Supplier”) and Getty Images (US), Inc. (in this agreement referred to as “iStock”). If you are a corporation or other entity or a minor you may be subject to further filing requirements. We encourage you to print a copy of the Agreement for your records.
The Supplier wishes to appoint iStock as its exclusive agent to license, sublicense and distribute Exclusive Content (as defined below) produced by the Supplier on the terms and conditions set forth in this Agreement. Upon accepting the terms of this Agreement, you may make Exclusive Content available to iStock by following the "Upload" procedures identified on the Site. Each upload of Exclusive Content will be governed by the terms and conditions of this Agreement.
This Agreement remains in full force and effect until terminated in accordance with its terms. If at any time the terms and conditions of this Agreement are no longer acceptable to the Supplier, you must follow the termination procedures set forth below under "Term and Termination".
Provision of Exclusive Content
In this Agreement, "Exclusive Content" means, as applicable to Supplier, one or more of (i) Photo Content, (ii) Illustration Content, or (iii) Video Content (collectively, “Content”); together in any case with other information, documents (such as model or property releases) or software relating to same, as the case may be or otherwise required to enable iStock to realize the commercial potential of the rights granted in the Content (“Descriptive Information”); but shall not include (1) Content that is produced as "work for hire" within the meaning of United States federal copyright legislation or is otherwise the result of a specific commission by a bona fide client of the Supplier evidenced by written agreement where the Content deliverable from such commission is for the personal use of the client and not for resale or license to any other person or entity, except to the extent Supplier retains in such Content any royalty free rights of the type outlined in the Content License Agreement; (2) Content that is produced for "Editorial" purposes except to the extent the Supplier is certain that such Content may be licensed, sub-licensed and/or distributed on a royalty free basis as in the Content License Agreement, where "Editorial" means visual reporting to illustrate general interest and specialty stories for information, documentary or photojournalism (but not advertorial) purposes only; (3) Content that is "Rights Managed", which is defined as Content produced by the Supplier and licensed for a fee that is based on one or more limited uses and for which usage history is tracked; (4) Content that is of a category not currently offered for sale by iStock; or (5) other Content specifically designated by the Supplier and agreed by iStock as being non-exclusive Content.
Notwithstanding the definition of Exclusive Content and the exclusive license granted in this Agreement, nothing shall restrict the Supplier from (i) establishing or maintaining a personal portfolio on the Internet where Exclusive Content is posted for the purposes of art display so long as you are not licensing or giving away rights to the Exclusive Content for anything other than such display; or (ii) using Exclusive Content in connection with the sale by Supplier of prints, t-shirts and other merchandise so long as you are not licensing or giving away rights to the Exclusive Content for anything other than such merchandising.
The Supplier will provide Exclusive Content to iStock using the Upload procedures and policies of the Site or such other procedures and policies as the parties may mutually agree. iStock, in its sole discretion, may determine which of such Exclusive Content is suitable for posting on the Site or other means of direct or indirect distribution, and only such Exclusive Content as it deems suitable will be considered "Accepted Exclusive Content" for the purposes of applicable provisions of this Agreement. Although iStock may permit Content to be submitted pursuant to certain applications from time to time, your ability to submit further Content to the Site shall be subject to policies and procedures outlined in the Site and such applications.
In addition to the terms of this Agreement, the parties acknowledge that iStock's exclusivity program and the provision of all Content, including Exclusive Content, are subject to the policies and procedures outlined in the relevant portions of the Site and applications, the terms of which are incorporated by reference into this Agreement. Any breach of the rules relating to the exclusivity program and Exclusive Content outlined in the Site will be deemed to be a breach of this Agreement.
Grant of Authority
The Supplier hereby appoints iStock as Supplier's exclusive distributor to sell, license or sublicense Exclusive Content to third parties worldwide and to collect and remit funds in connection with those endeavours on the terms set forth in this Agreement. For all Exclusive Content, Supplier grants iStock:
The exclusive worldwide right to market and sublicense the right to copy, use, reproduce, distribute, redistribute, sublicense, publish, republish, upload, post, transmit, broadcast, crop, modify, alter, create derivative works of, package, repackage, produce and sell prints or similar image products, or publicly perform or display the Exclusive Content to prospective licensees in any and all media now in existence or that may in the future be introduced: (i) through the Site; (ii) through other venues owned or operated by iStock or its affiliates from time to time, and(iii) through Distribution Partners (defined in Section 3(c)); and
The right to grant perpetual, worldwide, licenses or sublicenses to end-users. iStock and its Distribution Partners will determine the terms and conditions of all licenses of Content granted by them, but will not use or license Content for uses that are defamatory, pornographic or otherwise illegal.
In addition to the foregoing grant iStock and its Distribution Partners may post, reproduce, modify, display, make derivative works or otherwise use any Exclusive Content for their own business purposes relating to the promotion of the Site, the Exclusive Content and their distribution programs, and promote the licensing of Exclusive Content (including, without limitation, the use of the Exclusive Content and the Supplier's registered and unregistered trademarks for marketing, sales and promotional efforts whether on the Site or through third parties). The Supplier agrees that iStock shall have exclusive rights to design marketing literature for the Exclusive Content, at its own expense, and the Supplier agrees to cooperate in that regard. No compensation shall be due to the Supplier for use of Exclusive Content for such business purposes.
Exclusive Content may be included in one or more current or future content collections (“Collections”) made available for licensing or distribution by iStock or third party distributors (each a “Distribution Partner”). Your Exclusive Content may be made available for licensing through a lower price tier royalty-free Collection of a Distribution Partner only if you opt in to the “Partner Program” category (as may be available from time to time) or other applicable indicator under the preferences panel of your account profile on the Site. Unless otherwise provided for in the upload process or on the Site, your Exclusive Content may be made available for licensing through a similar or higher price tier Collection of a Distribution Partner as may be determined by iStock from time to time upon notice to you either by posting notice on the Site or otherwise. The price tier of a Collection shall be determined by iStock, acting reasonably, taking into consideration the average comparable pricing on the Site. For all Exclusive Content that moves into another Collection, the Royalties (defined below) paid to you shall be as set out in the Rate Schedule (defined below). The price tier of a Collection shall be subject to promotions and varying discounts from time to time.
The Parties agree that all rights, including title and copyright, in and to the Exclusive Content will be retained by the Supplier, and no title or copyright is transferred or granted in any way to iStock or any third party except as provided in this Agreement.
iStock and its Distribution Partners may offer license models through an application program interface (API) or other utility that will make Exclusive Content available for use by clients on a high-volume basis. Accordingly, where appropriate, the amount due to you will be determined according to: (a) the ratio of the number of individual items of your Exclusive Content to the total number of individual items of content licensed together; or (b) in iStock’s discretion, the relative value of your individual items of Exclusive Content compared to all other content licensed together with it.
Intellectual Property Matters
The Supplier acknowledges that iStock prohibits any Exclusive Content, Descriptive Information or any other material that infringes on any
patent, trademark, copyright, trade secret, right to privacy, right to publicity, or any other applicable law or proprietary right to be uploaded to the Site.
By uploading Exclusive Content, you are warranting that you own all proprietary rights or are the authorized representative of the applicable copyright owner(s) of such Content, including copyright, in and to the Exclusive Content with full power to grant the rights contemplated in this Agreement, and that you are not making any of the Exclusive Content available to or through any other distributor, website or other marketing, distribution, sale or licensing venue of any kind not specifically permitted herein. In addition, unless the Exclusive Content is identified as ‘for editorial use’ in the manner and form prescribed by iStock, to the extent that the Exclusive Content contains images of people or persons, you represent and warrant that you have obtained as part of the Descriptive Information a valid and binding model release from all required parties in substantially the same form as [model release] that will permit the uses for such Exclusive Content contemplated in this Agreement and that you will keep the original release and provide a copy to iStock if requested. You also warrant that where required by applicable law, you have also obtained a valid and binding release in substantially the same form as [property release] relating to identifiable property contained in the Exclusive Content that might sensibly lead to the identity of or be required by the owner of such property to permit the broad uses, including commercial use, of Accepted Content by iStock and its Distribution Partners’ customers. Where the Exclusive Content is identified as ‘for editorial use’ the Supplier represents and warrants that the Exclusive Content has not been manipulated, modified or processed in any manner that might distort the contextual integrity of the Exclusive Content. For greater clarity, cropping and brightness/contrast corrections are permissible where the integrity of the Exclusive Content has not been distorted.
The Supplier agrees that neither iStock nor any of its directors, officers, employees, partners, affiliates or agents shall be liable for any
damages, whether direct, indirect, consequential or incidental, arising out of the use of, or the inability to use any Exclusive Content or Descriptive Information,
or any error, omission or other matter relating to a model or property release respecting Exclusive Content or Descriptive Information.
Using the member name supplied by you, iStock shall use commercially reasonable efforts to credit you as the source of Exclusive Content, but shall have no liability for lack of credit. You acknowledge and accept and therefore waive any right to object to the fact that it is common business practice for commercial uses that the creator of Content is not credited, that Content may be modified, used in connection with sensitive topics and may be used or modified in ways that may be controversial or unflattering.
iStock agrees to pay you royalties (the “Royalties”) within 30 days after the end of each month in which the license or sale was made (except when sales reporting is delayed for transactions that do not occur on the iStock Site, whether made by a Distribution Partner or otherwise, in which case payments will be made in the month following the date such sale is reported) (a “Sales Month”), by electronic funds transfer (as may be supported by iStock from time to time), or such other method as may be agreed by the parties. No payment will be made unless a minimum of $100, after Royalty Deductions (defined below), is due to you in accordance with the rate schedule (the “Rate Schedule”). Royalties are paid on “License Fees” which are (a) the amount charged by iStock or a Distribution Partner to each of their Clients (or in the case of certain Distribution Partners, the amount charged by iStock to those Distribution Partners for royalty free licenses); or (b) the amount of revenue, including advertising revenue, that is allocated to the Accepted Content pursuant to Section 3(e). The parties acknowledge that the Rate Schedule may differ among various types of Content, such as Photo Content, Illustration Content and Video Content and among the sites/Distribution Partners through which the Content is distributed. The parties acknowledge that the Rate Schedule is subject to change in the sole discretion of iStock upon providing you 30 days' notice by e-mail at the last address contained in your membership information. If at any time the Rate Schedule is not acceptable to the Supplier, you may terminate this Agreement in accordance with its terms. Continued submission of Content or failure to terminate this Agreement will be deemed acceptance by you of changes to the Rate Schedule, and the amended Rate Schedule will be incorporated by reference into this Agreement.
In all cases, the following deductions are made from License Fees before Royalties are calculated: any (i) applicable VAT, duty, levy or impost of any nature required to be withheld, deducted or paid by iStock from any current or future sums due to you by any law, regulation, or treaty (excluding: (A) any taxes on the net profits of iStock or any Distribution Partner; and (B) any withholding taxes imposed on remittances to iStock; (ii) unauthorized use detection/enforcement fees and expenses; (iii) currency hedging fees and costs; and (iv) shipping charges, insurance charges, fees for materials, and service fees such as, for example, special formatting requests, printing/framing costs and technology delivery/access services, distribution or fulfillment fees, and advertising sales commissions, in all cases arising out of or resulting from any license of the same Accepted Content.
iStock may deduct the following amounts from the Royalties payable to you (together the “Royalty Deductions”): (i) cancellations of a license where the original sale has been reported to you including where the cancellation is due to a fraudulent transaction; (ii) overpayment of Royalties in a prior Royalty period; and (iii) amounts that may be deducted or withheld in accordance with the Section 10 Indemnity.
iStock will use its best efforts to: (i) provide real time reporting of licenses from the iStock site (except with respect to iStock subscriptions) to your member account; and (ii) in the month following the report of licenses by a Distribution Partner to iStock or any other licenses not made from the iStock site, provide monthly reporting of those licenses (including through the iStock subscription) to your member account.
Without limiting the generality of the foregoing, iStock is entitled to set-off against any amount owing to Supplier, all amounts to which iStock is or may be entitled under this Agreement or otherwise at law, including withholding amounts as security for any pending or threatened claim relating to any matter which is the subject of a representation, warranty or indemnity of Supplier under this Agreement.
The parties further agree that iStock shall not be required to pay Royalties to the Supplier if iStock is restrained or otherwise prevented from using rights granted under this Agreement relating to Exclusive Content because those rights are found to be an infringement or contravention of the intellectual or other property rights of a third party, or if iStock discovers or determines in its reasonable discretion that the Exclusive Content provided by the Supplier appears for sale or license or give-away elsewhere in contravention of this Agreement.
In the event iStock facilitates a sale or exclusive license of Exclusive Content, iStock shall be entitled to deduct a reasonable administration fee relating to such sale or license, in addition to its share of the revenue relating to such sale or license, which share shall be based on the royalty payable pursuant to the Rate Schedule at the time of the transaction.
You acknowledge and agree that you will be responsible for each and every access or use of the Upload portions of the Site that occurs in conjunction with your Member Name and such passwords, and that iStock is authorized to accept your Member Name and password as conclusive evidence that you wish to upload Exclusive Content pursuant to this Agreement. iStock shall have no liability or responsibility to monitor the provision of Exclusive Content under your member name and password.
Managing Exclusive Content
iStock has policies and processes which must be adhered to prior to Content being posted on the Site or otherwise being offered for sale
or license, and iStock agrees to give priority to the posting of Exclusive Content within the general constraints of its business. Notwithstanding that some
qualitative standards are required to be met, iStock does not and cannot review all Exclusive Content or Descriptive Information uploaded to the Site and
is not responsible for the content, quality, or consequences of your uploading such Exclusive Content or Descriptive Information. Notwithstanding the foregoing,
iStock reserves the right to delete, move, refuse to accept or edit any communication or Exclusive Content that it may determine, in its sole discretion,
violates or may violate this Agreement, the intellectual or proprietary rights of others, any of its policies or is otherwise unacceptable in its discretion, and you
hereby agree to forfeit any fees payable in respect of such Content to iStock or as it may direct. iStock shall have the right but not the obligation to
correct any errors or omissions in any Exclusive Content or Descriptive Information, as it may determine in its sole discretion. You acknowledge that any screening
of Exclusive Content or Descriptive Information performed by iStock to determine Accepted Exclusive Content is done as a courtesy only.
You further agree that any Exclusive Content that is not accepted by iStock and does not form Accepted Exclusive Content cannot be sold, licensed or
otherwise made available to purchasers, licensees or other potential users without the prior written consent of iStock. iStock reserves the right to sell
non-accepted Exclusive Content through another site or distribution venue determined by it, the compensation for which will be subject to the Rate Schedule.
NOTICE: You acknowledge that the Exclusive Content you provide pursuant to this Agreement that becomes Accepted Exclusive Content may be purchased or licensed by members of the Site or Distribution Partner sites with the intention that they will adhere to the terms of the applicable license agreement. Where iStock becomes aware of the breach of a license agreement by a user of Exclusive Content, it agrees that it will take initial steps in accordance with its usual business practices for the exclusivity program to request that the offending party refrain from its prohibited use of such Exclusive Content. iStock will use commercial efforts to further assist in the protection of your intellectual property rights, at your request and expense.
Notwithstanding the foregoing, given the exigencies of the stock photography business and the prevalence of royalty-free content, iStock cannot take responsibility for the compliance by purchasers and licensees of the terms of such agreements. Accordingly, you acknowledge and agree to the possibility of Exclusive Content being used in a manner that is not contemplated in this Agreement, and you agree that notwithstanding any rights you may have to pursue the licensees of such Exclusive Content at law, iStock shall have no liability to you or any person claiming through you for any breach by a licensee of the terms of any agreement respecting Accepted Exclusive Content.
The Supplier acknowledges that the Confidential Information (defined below) which it obtains through the entering into of this Agreement, the
use of the Site and the provision of Exclusive Content constitutes valuable, confidential, proprietary information of iStock and its licensors, and agrees that
during the term of this Agreement and thereafter it shall not, without the express written consent of iStock, use or disclose to any other person any such
Confidential Information, except as specifically authorized under this Agreement.
For the purposes of this Agreement, "Confidential Information" means any and all data, information, documents, software or materials relating
to the business and management of iStock, its members, affiliates, licensors or licensees, that is designated as confidential or ought reasonably to be
considered confidential, including but not limited to: their business model and operations, processes, products, designs, pricing, promotions, business plans,
business opportunities, alliances, Content, graphics, documentation, finances, research, development, know-how, trade-secrets, training materials, personnel,
identities or personal information of any kind pertaining to members, clients, methodologies, Site content belonging to others and other intellectual property.
Representations and Warranties
The Supplier hereby represents and warrants as follows:
The Supplier has the legal capacity and authority to enter into this Agreement and perform its obligations hereunder and that it will comply with all applicable laws, including without limitation the Foreign Corrupt Practices Act and the U.K. Bribery Act, is not on the US Department of Treasury's List of Specially Designated Nationals, is the sole and exclusive owner of the Exclusive
Content or is the authorized representative of the applicable copyright owner(s) of such Content, has the right to grant all of the license rights contemplated to be provided under this Agreement, and has not granted any rights or licenses to any
Exclusive Content or any other intellectual property or technology that would conflict with this Agreement;
if the Exclusive Content consists in whole or in part of design elements that are included in design program software, the end user
license agreement, terms of service or the equivalent license held by Supplier for such design program software allows the Supplier to incorporate such
elements in Exclusive Content created by the Supplier, and to license such Exclusive Content to iStock for the purposes set forth herein;
no portion of the Content as delivered to iStock from time to time, contains any disabling mechanism or protection feature
designed to prevent its use, copying or enjoyment in the manner contemplated in this Agreement, and all Content will be free of any virus, worm, lock, or
other mechanism or device that may be used to modify, delete, damage or disable the Site or the Content or any other hardware or computer system, or
which would otherwise render inaccessible or impair the use of the Content or the Site in any way;
the Content will include all necessary Descriptive Information to enable its effective marketing on the Site, which Descriptive
Information will be complete and accurate in all material respects, and will not include false, misleading or inapplicable metadata intended to or which has
the effect of keyword “doping” or improperly altering search results that would otherwise be applicable to such Content;
the Content delivered to iStock hereunder represents original creations and expressions of subject matter, and no Content or
Descriptive Information infringes any copyright, trademark, right of privacy or right of publicity or other proprietary right of any third party, or defames or
casts into disrepute in any manner any third party; and
the Content has not been obtained in any unlawful manner, whether civil or criminal, and is not subject to any applicable
accreditation terms or access condition that might be breached by the Content being used by iStock, its customers or distributors as contemplated under
You represent and warrant that you shall not: (i) license your own Exclusive Content (except occasionally and then only for legitimate creative
purposes); or (ii) predominately license the content of only a few contributors. You agree that you will not collude with another iStock member to have that
member do either of (i) or (ii) above for your benefit. You acknowledge that genuine subscription customers typically license files from many contributors and
you agree that your subscription licensing behavior will conform to this typical conduct. In addition to any other available remedies, if you breach this paragraph
iStock may immediately terminate this Agreement and/or, if applicable, cancel your subscription package without any refund to you. You further agree to
forfeit any royalties earned by you in connection with your misconduct.
You agree to indemnify, defend and hold iStock and its affiliates, and their respective directors, officers, employees, shareholders, agents
and licensees of Exclusive Content (collectively, the “iStock Parties”) harmless from and against any and all claims, liability, losses, costs and expenses
(including reasonable legal fees on a solicitor and client basis) incurred by any iStock Party as a result of or in connection with: (i) any use or alleged use
of the Site or provision of Content under your Member Name by any person, whether or not authorized by you; (ii) or resulting from any communication made or
Content uploaded under your Member Name; (iii) any breach by you of this Agreement; or (iv) any claim threatened or asserted against any iStock Party
to the extent such claim is based upon a contention that any of the Exclusive Content used within the scope of this Agreement infringes any copyrights, trade
secrets, trademarks, right of privacy, right of publicity or other intellectual or other property rights of any third party.
iStock reserves the right, at your expense, to assume the exclusive defense and control of any matter otherwise subject to indemnification
by you, and in such case, you agree to cooperate with iStock's defense of such claim.
The Supplier agrees that iStock shall have the right to determine whether and to what extent to proceed against a licensee or other third party (an “Infringer”) for any violation of a license agreement or alleged infringement of other rights of the Supplier. The Supplier hereby releases iStock from any and all claims the Supplier might have, either directly or indirectly, arising out of or in connection with a determination by iStock to proceed or not to proceed against any Infringer in any instance. iStock hereby agrees that any monetary recovery it receives as a result of any legal or enforcement action taken against any such Infringer, to the extent such monies are intended to compensate iStock for lost licensing fees or statutory damages, shall, after deduction of all costs and expenses incurred in gaining such recovery ( including, without limitation, reasonable counsel and experts' fees and disbursements on a solicitor and client basis) incurred by or on behalf of iStock in connection with such action, be divided between the Supplier and iStock pursuant to the provisions of Section 5 (Compensation). In the event iStock elects not to proceed against an Infringer, the Supplier shall have the right to proceed against such Infringer for such license violation or infringing action. The Supplier hereby agrees that any monetary recovery it receives as a result of any legal action taken against any such Infringer, to the extent such monies are intended to compensate the Supplier for lost licensing fees or include statutory damages, shall, after deduction of all costs and expenses incurred in gaining such recovery (including, without limitation, reasonable counsel and experts' fees and disbursements on a solicitor and client basis), be divided between the Supplier and iStock pursuant to the provisions of Section 5 (Compensation section) above.
Term and Termination
This Agreement is effective until terminated. You may terminate this Agreement with respect to the whole (but not part of) one or more of
Photo Content, Illustration Content or Video Content at any time by giving thirty (30) days written notice specifying the category or categories
of Exclusive Content to which termination applies to iStock using artists@iStock.com or such other means of written notice acceptable to iStock
which enables confirmation of your identity and your intention to terminate. iStock may also terminate this Agreement with respect to one or more of Photo
Content, Illustration Content or Video Content, for any reason by giving you thirty (30) days notice by e-mail at the last address contained in your
membership information. Where this Agreement is terminated by iStock, unless otherwise indicated by iStock at the time of termination, you shall
be deemed to have agreed to the [Artist Supply Agreement (Non-Exclusive)] and your Accepted Exclusive Content shall be deemed to be Accepted Content (as
defined in the Artist Supply Agreement (Non-Exclusive)) unless you advise iStock in writing within thirty (30) days of iStock’s notice of termination of
this Agreement. If iStock terminates your membership pursuant to the terms of the Membership Agreement, such termination shall be deemed to be notice
of termination of this Agreement with respect to all Content, as well.
Either party may terminate this Agreement upon written notice effective upon being sent to the last address included on the Site, if the other
party (i) liquidates all or substantially all of its assets, dissolves as a corporation other than through inadvertence, or otherwise ceases to do business in a material
way, or (ii) makes an assignment for the benefit of creditors, or (iii) files a petition in bankruptcy, petitions or applies for a receiver or trustee for all or any
substantial part of its property and such receiver or trustee is appointed, or commences, or has commenced against it, a proceeding under any bankruptcy,
reorganization, readjustment of debt, dissolution, or liquidation law or statute of any jurisdiction, any of which shall remain in force for a period of thirty (30)
days or more, or (iv) is adjudicated insolvent or bankrupt, or (v) is in breach of this Agreement.
In addition, iStock may deem an account to be terminated and may off-set any fees or credits contained in such account against its costs
of administration if there has been: (i) in the reasonable opinion of iStock, any material misrepresentation made as to the capacity, identity or copyright
ownership of Content or the Supplier provided hereunder; or (ii) no log-in or other activity in the account for 24 months despite reasonable commercial efforts to
contact Supplier based on the information provided through the Site as part of the account profile of such Supplier.
Effect of Termination
Upon the termination of this Agreement with respect to one or more of Photo Content, Illustration Content or Video Content, except where the Artist Supply Agreement (Non-Exclusive) governs the Content, the grant of authority given to iStock shall cease with respect to the relevant category of Content subject to the following conditions: (i) iStock shall remove the applicable Accepted Exclusive Content from the Site and distribution partners within ninety (90) days of the termination of this Agreement; (ii) notwithstanding termination, iStock and its distribution partners shall have the right to continue licensing Accepted Exclusive Content until it is removed from the Site or other sites where Accepted Exclusive Content is distributed and for up to (1) year following termination where such Accepted Content has previously appeared in iStock's promotional materials, or Distribution Partner marketing programs; and (iii) regardless of the expiration or termination of this Agreement, iStock will continue, in accordance with this Agreement, to pay compensation due to the Supplier at the applicable non-exclusive royalty rate set out in the Rate Schedule in respect of licenses granted to members during any transitional period, subject to any rights of set-off under this Agreement or at law.
Upon termination, iStock will be entitled to retain all amounts owing to the Supplier for a period of thirty (30) days to determine any
applicable rights of set-off, and shall be entitled to deduct from such amounts, a reasonable administrative fee for establishing, managing and terminating your
Notwithstanding any other provision in this Agreement, the termination or expiration of this Agreement with respect to one category of Content
shall not alter or reduce the obligations of the Supplier and iStock respecting any remaining category of Content, and in any event, shall not alter or affect
the rights granted to licensees or sub-licensees by iStock pursuant to this Agreement.
In the event Supplier terminates this Agreement with respect to any or all of Photo Content, Illustration Content or Video
Content, and subsequently wishes to re-enter the exclusivity program and provide Exclusive Content, the Supplier may re-apply with respect to that category of
Content ninety (90) days after the termination date of the original Artist's Supply Agreement (Exclusive) relating to such category of Content.
Termination of this Agreement shall operate without prejudice to the iStock's rights, defenses and limitations of liability provided under
In addition, the provisions of this Agreement relating to: Managing Exclusive Content, Confidential Information, Representations and Warranties, Indemnity,
Disclaimer of Warranties and all limitations of liability, shall survive termination of this Agreement and continue in full force and effect.
DISCLAIMER OF WARRANTIES
THE SITE, INCLUDING ANY CONTENT CONTAINED THEREIN, ARE PROVIDED BY ISTOCK "AS IS" WITHOUT REPRESENTATION, WARRANTY
OR CONDITION OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO THE IMPLIED REPRESENTATIONS, WARRANTIES OR CONDITIONS OF
MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE. ISTOCK DOES NOT REPRESENT OR WARRANT THAT THE SITE OR THE CONTENT WILL BE MADE
AVAILABLE FOR SALE OR LICENSE OR THAT THEIR USE WILL BE UNINTERRUPTED OR ERROR FREE.
ISTOCK DOES NOT REPRESENT OR WARRANT THAT THE SITE OR ANY CONTENT AVAILABLE FOR DOWNLOADING THROUGH THE SITE WILL BE
FREE OF VIRUSES OR SIMILAR CONTAMINATION OR DESTRUCTIVE FEATURES.
LIMITATION OF LIABILITY
YOU ASSUME ALL RESPONSIBILITY AND RISK FOR USE OF THE SITE INCLUDING WITHOUT LIMITATION ANY OF THE CONTENT OR INFORMATION
IN NO EVENT SHALL ISTOCK OR ANY OF ITS DIRECTORS, OFFICERS, EMPLOYEES, SHAREHOLDERS, PARTNERS, AGENTS OR LICENSEES BE
LIABLE FOR ANY INCIDENTAL, INDIRECT, PUNITIVE, EXEMPLARY, OR CONSEQUENTIAL DAMAGES WHATSOEVER (INCLUDING DAMAGES FOR LOSS OF PROFITS,
INTERRUPTION, LOSS OF BUSINESS INFORMATION, OR ANY OTHER PECUNIARY LOSS) IN CONNECTION WITH ANY CLAIM, LOSS, DAMAGE, ACTION, SUIT OR OTHER
PROCEEDING ARISING UNDER OR OUT OF THIS AGREEMENT, INCLUDING WITHOUT LIMITATION THE USE OF, RELIANCE UPON, ACCESS TO, OR EXPLOITATION OF
THE SITE, THE CONTENT OR ANY PART THEREOF, OR ANY RIGHTS GRANTED TO YOU HEREUNDER, EVEN IF ISTOCK HAS BEEN ADVISED OF THE POSSIBILITY
OF SUCH DAMAGES, WHETHER THE ACTION IS BASED ON CONTRACT, TORT (INCLUDING NEGLIGENCE), INFRINGEMENT OF INTELLECTUAL PROPERTY RIGHTS OR
IN ANY EVENT, ISTOCK'S TOTAL MAXIMUM AGGREGATE LIABILITY UNDER THIS AGREEMENT OR IN RESPECT OF THE USE OR EXPLOITATION OF
ANY OR ALL PART OF THE SITE OR THE CONTENT IN ANY MANNER WHATSOEVER SHALL BE LIMITED TO THE FEES COLLECTED BY ISTOCK FOR THE EXCLUSIVE
CONTENT THAT IS THE SUBJECT MATTER OF THE CLAIM, BUT IN ANY EVENT WILL NOT EXCEED ONE THOUSAND ($1,000.00) UNITED STATES DOLLARS.
SOME JURISDICTIONS DO NOT ALLOW FOR THE LIMITATION OR EXCLUSION OF LIABILITY FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE
ABOVE LIMITATION OR EXCLUSION MAY NOT APPLY TO YOU. IN SUCH JURISDICTIONS, THE LIABILITY OF ISTOCK OR ANY OF ITS DIRECTORS, OFFICERS,
EMPLOYEES, SHAREHOLDERS, PARTNERS, AGENTS OR LICENSEES SHALL BE LIMITED TO THE GREATEST EXTENT PERMITTED BY LAW.
This Agreement will be governed in all respects by the laws of the State of New York, U.S.A., without reference to its laws relating to conflicts of law. Any disputes arising from or related to this Agreement or its enforceability, or the business relationship between the parties, shall be finally settled by binding, confidential arbitration by a single arbitrator selected using the rules and procedures for arbitrator selection under JAMS’ Expedited Procedures in its Comprehensive Arbitration Rules and Procedures (“JAMS”) or of the International Center for Dispute Resolution ("ICDR") in effect on the date of the commencement of the arbitration (the applicable rules to be at your discretion) to be held in one of the following jurisdictions (whichever is closest to you): Seattle, Washington; New York, New York; Los Angeles, California; London, England; Paris, France; Frankfurt, Germany; Tokyo, Japan; or Singapore. The arbitration proceedings shall be conducted in English and all documentation shall be presented and filed in English. The decision of the arbitrator shall be final and binding on the parties, and judgment may be entered on the arbitration award and enforced by any court of competent jurisdiction. The United Nations Convention on Contracts for the International Sale of Goods does not govern this Agreement. The prevailing party shall be entitled to recover its reasonable legal costs relating to that aspect of its claim or defense on which it prevails, and any opposing costs awards shall be offset. Notwithstanding the foregoing, iStock shall have the right to commence and prosecute any legal or equitable action or proceeding before any court of competent jurisdiction to obtain injunctive or other relief against you in the event that, in the opinion of iStock, such action is necessary or desirable. The parties agree that, notwithstanding any otherwise applicable statute(s) of limitation, any proceeding within the scope of this paragraph shall be commenced within two years of the acts, events, or occurrences giving rise to the claim.
You consent to service of any required notice or process upon you by registered mail or overnight courier with proof of delivery notice, addressed
to the address or contact information provided by you at the time you are first granted access to the membership portions of the Site. You agree to waive any
right you may have to (i) trial by jury; and (ii) to commence or participate in any class action against iStock related to the Site, this Agreement or any
agreements contemplated hereby.
If iStock is obligated to go to court or arbitration to enforce any of its rights, or to collect any fees, you agree to reimburse iStock for
its legal fees, costs and disbursements if iStock is successful.
You specifically agree and acknowledge that you have, in addition to the terms of this Agreement, reviewed the terms of the Membership
Agreement you agree to be bound by them.
iStock's failure to insist upon or enforce strict performance of any provision of this Agreement shall not be construed as a waiver of any
provision or right.
This Agreement is personal to you and is binding upon your heirs, executors and legal representatives, as the case may be, and is not assignable
by you without iStock's prior written consent. iStock may assign this Agreement without your consent to any other party so long as such party agrees to
be bound by its terms.
If all or part of any provision of this Agreement is wholly or partially unenforceable, the parties or, in the event the parties are unable to agree,
a court of competent jurisdiction, shall put in place of such whole or part provision an enforceable provision or provisions, that as nearly as possible reflects the
terms of the unenforceable whole or part provision.
This Agreement can be amended by the written agreement of the parties or by iStock posting amendments on the Upload portion of the
Site. Continued provision of Exclusive Content or failure to terminate this Agreement within thirty (30) days of posting of such amendment will be deemed to be
acceptance of the amendment by the Supplier and it will be incorporated by reference into this Agreement.
If and to the extent you are submitting Content to iStock as an authorized representative of the applicable copyright owner(s), you acknowledge and agree that (a) you will ensure that such copyright owner(s) comply with the terms of this Agreement where necessary; and (b) to the extent Royalties are paid to you in such capacity, you will be solely responsible for compensating the copyright owner(s) where applicable.
If you have concerns relating to this Agreement, please contact iStock at artists@iStock.com
YOU ACKNOWLEDGE THAT YOU HAVE READ THIS AGREEMENT, UNDERSTAND IT, AND HAD AN OPPORTUNITY TO SEEK INDEPENDENT LEGAL ADVICE PRIOR TO AGREEING
TO IT. IN CONSIDERATION OF ISTOCK AGREEING TO PROVIDE A MEANS FOR THE SALE OR LICENSE OF YOUR EXCLUSIVE CONTENT, YOU AGREE TO BE BOUND
BY THE TERMS AND CONDITIONS OF THIS AGREEMENT. YOU FURTHER AGREE THAT IT IS THE COMPLETE AND EXCLUSIVE STATEMENT OF THE AGREEMENT BETWEEN
YOU AND ISTOCK, WHICH SUPERSEDES ANY PROPOSAL OR PRIOR AGREEMENT, ORAL OR WRITTEN, AND ANY OTHER COMMUNICATION BETWEEN YOU AND
ISTOCK RELATING TO THE SUBJECT OF THIS AGREEMENT.