Delivery and Definition. PhotoZion has delivered to the Client those Photographs listed on the front of this form. “Photographs” are defined to include transparencies, prints, negatives, digitized encodations, and any other form in which the images submitted can be stored, incorporated, represented, projected, or perceived, including forms and processes not presently in existence but which may come into being in the future.

Grant of Rights. Upon receipt of full payment, PhotoZion shall license to the Client the rights set forth on the front of this form for the listed Photographs.

Reservation of Rights. All rights not expressly granted are reserved to the PhotoZion. Without limiting the foregoing, no advertising or promotional usage whatsoever may be made of any Photographs unless such advertising or promotional usage is expressly permitted on the front of this form. Limitations on usage shown on the front of this form include but are not limited to size, placement, and whether usage is in black and white or color.

Fee. Client shall pay fee shown on the front of this form for the usage rights granted. Client shall also pay sales tax, if required.

Payment. Payment is due to the PhotoZion/John Theodor within 30 days of the date of this Invoice. Overdue payments shall be subject to interest charges of 5 percent monthly. Time is of the essence with respect to payment.

Copyright Notice. Copyright notice in the name of the PhotoZion.com / Photographer shall be adjacent to the Photograph(s) when reproduced unless otherwise agreed to by both parties and stated in this Invoice. If such copyright notice, which also serves as authorship credit, is required hereunder but is omitted, the Client shall pay as liquidated damages triple the usage fee agreed to between the parties instead of agreed upon usage fee. Copyright credit must be as shown on the Photograph(s) unless specified to the contrary by the PhotoZion.

Alterations. Client shall not make alterations, additions, or deletions to the Photographs, including but not limited to the making of derivative or composite images by the use of computers or other mean, without the express, written concern of the PhotoZion. This prohibition shall include processes not presently in existence but which may come into being in the future.

Loss, Theft, or Damage. The ownership of the Photographs shall remain with the PhotoZion. Client agrees to assume full responsibility and be strictly liable as an insurer for loss, theft, or damage to the Photographs and to insure the Photographs fully from the time of shipment from the PhotoZion to the Client until the time of return receipt by the PhotoZion. Client further agrees to return all of the Photographs at its own expense by registered mail or bonded courier, which provides proof of receipt. Reimbursement for loss, theft, or damage to any Photograph(s) shall be in the amount of the value entered for that Photograph(s) on the front of this form. Both Client and PhotoZion agree that the specified values represent the fair and reasonable value of the Photographs. Unless the value for an original transparency is specified otherwise on the front of this form, both parties agree that each original transparency has a fair and reasonable value of $1,500 (Fifteen Hundred Dollars). Client agrees to reimburse PhotoZion for these fair and reasonable values in the event of loss, theft, or damage.

Tearsheets. Client shall provide PhotoZion with two (2) copies of tear sheets of any authorized usage.

Releases. Client agrees to indemnify and hold harmless the PhotoZion against all claims, costs, and expenses, including attorney fees, arising when no model or property release has been provided to the Client by the PhotoZion or when the uses exceed the uses allowed pursuant to such a release.

Arbitration.

Assignment. Neither party shall transfer or assign any rights or obligations hereunder without the consent of the other party, except that the PhotoZion shall have the right to assign monies due.

Miscellany. This Agreement shall be binding upon the parties here to, their heirs, successors, assigns, and personal representatives. This Agreement constitutes the full understanding between the parties here to. Its terms may only be modified by a written instrument signed by both parties. A waiver of a breach of any of the provisions of this Agreement shall not be construed as a continuing waiver of other breaches of the same or other provisions here of. This agreement shall be governed by the laws of the State of Israel.