Terms of Partnership

Last Updated: October 24, 2024
Document ID: SW-TERM-PART-2024-V1
Important Notice: This document constitutes a legally binding agreement between StarWave Entertainment and the prospective partner. Please read all terms carefully before accepting. If you require clarification, please contact our legal department at legal@starwave.com.

1. Introduction

This Partnership Agreement (the "Agreement") is entered into by and between StarWave Entertainment, a corporation organized and existing under the laws of California, United States ("StarWave"), and the entity identified in the signature block below (the "Partner"). StarWave is a global leader in entertainment production, distribution, and immersive media experiences.

2. Definitions

"Content" shall refer to any films, series, music, games, VR experiences, or other creative works produced, distributed, or licensed by either party.

"Territory" shall mean the geographical region in which the Partner is authorized to distribute or promote Content, as specified in Exhibit A.

"Effective Date" shall mean the date on which both parties have executed this Agreement and all required compliance checks have been cleared.

3. Scope of Partnership

The parties agree to collaborate under the following categories (select all that apply as per Exhibit A):

4. Mutual Obligations

4.1 StarWave Obligations

StarWave agrees to provide high-quality Content, brand assets, marketing support materials, and timely access to analytics dashboards. StarWave warrants that it has full title and authority to license the Content provided.

4.2 Partner Obligations

The Partner agrees to market and distribute Content in accordance with StarWave's brand guidelines. Partner must maintain technical standards required for seamless delivery of Content and report monthly usage metrics to StarWave.

5. Financial Terms

Compensation structures shall be detailed in the separate Revenue Share Addendum. Generally, payments shall be made within thirty (30) days following the close of each calendar month. All payments are subject to applicable tax withholding laws.

6. Intellectual Property

StarWave retains all ownership rights to pre-existing IP. Any jointly created IP during the term of this partnership shall be co-owned, with specific usage rights defined in Exhibit B. Neither party may use the other's trademarks or logos without prior written consent.

7. Confidentiality

Both parties agree to keep all non-public information strictly confidential for the duration of this Agreement and for a period of two (2) years following its termination. This includes script details, release dates, financial terms, and technical architectures.

8. Term & Termination

This Agreement shall commence on the Effective Date and continue for an initial term of twelve (12) months, automatically renewing for successive twelve (12) month periods unless either party provides sixty (60) days written notice of non-renewal. Either party may terminate for material breach upon thirty (30) days written notice if the breach remains uncured.

9. Dispute Resolution

Any disputes arising under this Agreement shall first be subject to good faith negotiation. If unresolved after thirty (30) days, disputes shall be settled by binding arbitration in Los Angeles, California, in accordance with the rules of the American Arbitration Association.

10. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of California, without regard to its conflict of laws principles.

Electronic Acknowledgement

By checking the box below, you acknowledge that you have read, understood, and agree to be bound by the Terms of Partnership.

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