MEDIA RELEASE AGREEMENT

This Media Release Agreement (hereinafter referred to as the “Agreement”) is made on [INSERT DATE ON WHICH THE AGREEMENT COMES INTO FORCE] (hereinafter referred to as the “Effective Date”) between:

[INSERT NAME OF THE RELEASOR], having registered office at [INSERT ADDRESS OF THE RELEASOR] (hereinafter referred to as the “Releasor” which expression shall, unless repugnant to the context or meaning thereof, means and includes its legal representatives, executors, administrators and permitted assigns); and 

[INSERT NAME OF THE RELEASEE], having registered office at [INSERT ADDRESS OF THE RELEASEE] (hereinafter referred to as the “Releasee” which expression shall, unless repugnant to the context or meaning thereof, means and includes its legal representatives, executors, administrators and permitted assigns).

The “Releasor” and the “Releasee” together shall be referred to as “Parties” and individually as a “Party”.

WHEREAS

1. The Releasor has created certain media content, including but not limited to photographs, videos, and/or audio recordings (hereinafter referred to as “Media Content”).
2. The Releasor wishes to grant the Releasee the right to use, review, distribute, edit, license and reproduce the media content.
3. The parties are duly authorized and have the capacity to enter into this agreement.
4. Both the parties affirm to understand the provisions contained herein and in case either party requires clarification as to one or more provisions, either party has had the right to seek clarifications or sought legal guidance.

NOW, THEREFORE, in consideration of the mutual promises contained herein and intending to, be legally bound, the Parties have agreed as follows:

1. GRANT OF RIGHTS
   1. The Releasor hereby grants the Releasee the irrevocable, non-exclusive right and permission to use, edit, copy, exhibit, publish, distribute, and make use of any Media content for any lawful purpose, including but not limited to publications, promotions and advertisements. The Parties explicitly acknowledge and agree that this Agreement, including the releases provided herein, is intended to be as comprehensive and all-encompassing as the law allows.
2. RELEASE OF CLAIMS
   1. The Releasor hereby fully and irrevocably releases, discharges, and holds harmless the Releasee from any and all claims, demands, actions, causes of action, liabilities, damages, and expenses of any kind, whether known or unknown, anticipated or unanticipated, arising out of or in connection with the use, distribution, reproduction, or any other exploitation of the Media Content by the Releasee. This release includes, but is not limited to, any claims for invasion of privacy, right of publicity, defamation, or any other cause of action arising out of or relating to the use of the Media Content.
3. NO ADMISSION OF LIABILITY
   1. The Parties acknowledge that this Agreement is a compromise of claims and demands or the performance of any obligations by either party under this agreement shall not be construed as an admission of liability, fault, wrongdoing, or any violation of Law by either party. Each party expressly denies any such liability or wrongdoing.
4. TERMS AND CONDITIONS
   1. The language of all communications between the parties pursuant to this Agreement, including notices and reports, will be English.
   2. This agreement constitutes the entire understanding and agreement of the parties with respect to its subject matter and supersedes all prior and contemporaneous agreements or understandings, inducements, or conditions, express or implied, written or oral, between the parties. This Agreement may be executed in identical duplicate counterparts, each of which shall be deemed an original, and both of which together shall constitute one and the same instrument. 
   3. The headings upon the various sections are solely for convenience and reference only and shall not affect the scope, meaning, intent or interpretation of the provisions of this Agreement, nor shall such headings otherwise be given any legal effect.
5. APPLICABLE LAW
   1. This Agreement shall be governed by and constructed in accordance with the Laws, rules, orders and regulations of [INSERT THE COUNTRY/STATE OF APPLICABLE LAWS].
   2. The Parties shall resolve all disputes in connection with the validity or interpretation of this Agreement, unless otherwise expressly stated in the Agreement, in the following manner: 
      1. By direct negotiations between the Releasor and Releasee. 
      2. If negotiations between the parties are unsuccessful, the matter shall be referred to the competent court sitting at [INSERT THE COURT WHICH SHALL HAVE EXCLUSIVE JURISDICTION IN CASE OF UNSUCCESSFUL NEGOTIATIONS] which shall have exclusive jurisdiction in all matters arising there from unless otherwise agreed between the Parties in writing.
6. DECLARATION
   1. The parties hereby understand and expressly agree to the provisions laid down in the present agreement and in good faith, undertake that both parties shall follow the terms of this agreement in good conscience in order to secure better growth of both the Parties.

IN WITNESS WHEREOF, the parties, intending to be legally bound, have each executed this agreement as of the effective date.

Signed, sealed and delivered on behalf of Releasor

Name: [INSERT NAME OF THE RELEASOR/SIGNING AUTHORITY AND DESIGNATION]

Signature:

Date: [INSERT SIGNING DATE OF RELEASOR]

Signed, sealed and delivered on behalf of Releasee

Name: [INSERT NAME OF THE RELEASEE/SIGNING AUTHORITY AND DESIGNATION]

Signature: 

Date: [INSERT SIGNING DATE OF RELEASEE]