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DocuSign Envelope ID: 3088CtOF-38C5-437C-B48C-DllFC5E17A80
<br />(b) Company shall have the right to withdraw from this license, at any time upon written notice, the right to
<br />publicly perform any Composition(s) if (i) Company no longer controls the right to publicly perform any
<br />Composition(s); or (if) if a lawsuit has been brought or threatened regarding any such Composition(s).
<br />3. Term
<br />(a) The Agreement shall be for an initial term of one (1) year ("Initial Term"), commencing on the Effective Date
<br />and continuing thereafter in full force and effect for additional succeeding terms of one (1) year each ("Renewal
<br />Period(s)"), unless terminated by either party,
<br />(b) Either parry shall have the right to terminate this Agreement as of the last day of the Initial Term or as of
<br />the last day of any Renewal Periods) upon giving written notice to the other party.bycertified mail at least thirty
<br />(30) days prior to the commencement of the immediately subsequent Renewal Period(s).
<br />(c) Notwithstanding anything to the contrary contained herein, Company shall have the right to terminate this
<br />Agreement: (i) at any time upon written notice to Licensee in the event that Licensee is adjudicated bankrupt, or a
<br />petition in bankruptcy is filed with respect to Licensee, or Licensee is declared or becomes insolvent; or (if) upon
<br />thirty (30) days written notice to Licensee in the event that any law, rule, decree, or other enactment having the force
<br />of law, by any authority, whether federal, state, local, territorial or otherwise, shall result in substantial interference
<br />in Company's operation or any substantial increase in the cost of conducting its business. Company shall refund to
<br />Licensee any applicable License Fees paid in advance.
<br />4. Limitations of Rights
<br />(a) This license does not convey the right to publicly perform the Compositions by broadcast, telecast,
<br />cablecast, transmission by wire, or other electronic transmissions (including, but not limited to, by satellite, the
<br />Internet or on-line service) to persons or locations outside of the Licensed Premises. This limitation appliesunless
<br />and to the extent otherwise expressly permitted by the Agreement.
<br />(b) Company shall have the right, at its election and without limitation, to assign any of Company's rights
<br />hereunder, in whole or in pact, to any person, including, without limitation, to a parent company, affiliate or
<br />subsidiary. Company shall also have the right to assign or sublicense any of its rights hereunder to any of its
<br />licensees in order to effectuate the purposes hereof. Licensee may assign, without written consent of Company, its
<br />rights under this Agreement to any person or entity owning or acquiring a substantial portion of the stock or assets
<br />of Licensee. Licensee shall not have the right to transfer or assign this Agreement nor the rights granted herein
<br />without the written consent of Company except as set forth in the immediately preceding sentence. No permitted
<br />assignment by Licensee shall relieve Licensee of its respective obligations hereunder, provided, however, that
<br />assignee may accept the obligations of assignor upon written notice to Company.
<br />(c) This license is limited to non -dramatic renditions of the Compositions. To clarify, this license does not
<br />include the right to perform dramatico-musical works, either in whole or insubstantial part, and it does not include
<br />the right to use the Compositions in any context that constitutes the exercise of "grand performance rights," as
<br />defined as the right to perform a copyrighted musical composition that is also accompanied by one or more of the
<br />following: drama, scenery, narration, storyline, script, costumes, dance and dancers, props, dialogue, pantomime,
<br />actors, or plot.
<br />(d) This license shall not (1) be construed to grant a license for the public performance of Compositions via
<br />any business -to -business background music service or business -to -business digital service which is not itself
<br />licensed by Company; or (ii) convey the right to publicly perform the Compositions by coin -operated
<br />phonorecord players ("Jukeboxes"), as defined by the Copyright Act In 17 U.S.C. § 116.
<br />(e) This license does not authorize performances; (i) at any congress, convention, trade show, exposition or
<br />similar activity presented by Licensee or on the Licensed Premises unless it is presented or sponsored solely by and
<br />under the auspices of Licensee, takes place entirely on the Licensed Premises, and is not open to the general public;
<br />(if) at any permanently situated theme or amusement park owned or operated by Licensee; (III) by or at any colleges
<br />or universities; or (iv) at any professional sports events taking place on the Licensed Premises.
<br />Global Music mghts.Jocal govemment_8.1-17
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