GRANT OF LICENSE. MINDLLC owns Licensed Intellectual Property Non-Exclusive Beats (the "Authored Work"). In accordance with this Agreement, MINDLLC grants a non-exclusive license to 500,000 online audio streams, distribution up to 5,000 copies, radio broadcasting rights (2 stations), 1 music video, used for music recording and for profit live performances. MINDLLC retains title and ownership of the Authored Work and derivative works will be assigned to Licensor by Licensee.
GRANT OF LICENSE. MINDLLC owns Licensed Intellectual Property Non-Exclusive Beats (the "Authored Work"). In accordance with this Agreement, MINDLLC grants a non-exclusive license to 500,000 online audio streams, distribution up to 5,000 copies, radio broadcasting rights (2 stations), 1 music video, used for music recording and for profit live performances. MINDLLC retains title and ownership of the Authored Work and derivative works will be assigned to Licensor by Licensee.