Agency Agreement

This Agency Agreement (the “Agreement”) regulates relations between UDIAR LTD and the User, in case the User places the Work, deposited in accordance with Terms and conditions, through UDIAR Marketplace.

Placement process

After publishing the Work in the UDIAR catalog, the User is able to place the Work through UDIAR Marketplace.

If the Work owns more than one Rightholder, the Master Rightholder has the right to place the deposited Work through UDIAR Marketplace in accordance with Terms and conditions.

UDIAR Marketplace provides the User an opportunity to place the Work subject to the terms of:

  • Non-exclusive license
  • Exclusive license
  • Alienation agreement
  • Free use (Creative Commons licenses)

Any of the UDIAR Users can agree to the terms of placement of the Work and conclude an agreement on the conditions established by the rightholder(s) of the Work, paying a remuneration if available.

Rights and obligations

UDIAR LTD undertakes to take action to place the Work on the site  Thereby UDIAR LTD offer all other Users to settle a non-exclusive license, an exclusive license or an alienation agreement in respect to the Work.

For its Marketplace services, UDIAR LTD receives a fee of 15% of the remuneration for the transferred right on the Work by UDIAR Marketplace. The fee is automatically deducted from the User’s UDIAR wallet, completed in advance.

If the User placed the Work for free using, UDIAR LTD does not receive remuneration.

Conclusion and termination of the Agreement

The Agreement is considered concluded from the moment of the User registration on the site

The User can terminate the Agreement by deleting his UDIAR account.

Applicable Law and Competent Court

Relations between the User and UDIAR LTD are governed by Cyprus law, according to which the here said “Terms and conditions” will be interpreted and implemented. Unless otherwise provided by law, for any dispute related to interpretation, execution or termination of this contract, the exclusive jurisdiction will be of the Limassol District Court.