Common use of COPYRIGHT AND SECURITY INTEREST Clause in Contracts

COPYRIGHT AND SECURITY INTEREST. The Gallery shall take all steps necessary to ensure that the Artist’s copyright of the consigned works is protected, including but not limited to requiring copyright notices on all reproductions of the works used for any purpose whatsoever. • Title to and a security interest in any works consigned or proceeds of sale under this Agreement are reserved to the Artist. • In the event of any default by the Gallery, the Artist shall have all the right of a secured party under the Uniform Commercial Code and the works shall not be subject to claims by the Gallery’s creditors. • The Gallery agrees to execute and deliver to the Artist, in the form requested by the Artist, a financial statement and such other documents that the Artist may require to perfect its security interest in the works. • In the event of the purchase of any work by a party other than the Gallery, title shall pass directly from the Artist to the other party. • In the event of the purchase of any work by the Gallery, title shall pass only upon full payment to the Artist of all sums due hereunder. • The Gallery agrees not to pledge or encumber any works in its possession, not to incur any charge or obligation in connection herewith for which the Artist may be liable. Initialed by Artist and Gallery .

COPYRIGHT AND SECURITY INTEREST. The Gallery shall take all steps necessary to ensure insure that the Artist’s copyright of the consigned con- signed works is protected, including but not limited to requiring copyright notices on all reproductions repro- ductions of the works used for any purpose whatsoever. • Title to and a security interest in any works consigned or proceeds of sale under this Agreement Agree- ment are reserved to the Artist. • In the event of any default by the Gallery, the Artist shall have all the right of a secured party under the Uniform Commercial Code and the works shall not be subject to claims by the Gallery’s creditors. • The Gallery agrees to execute and deliver to the Artist, in the form requested by the ArtistArt- ist, a financial statement and such other documents that the Artist may require to perfect its security interest in the works. • In the event of the purchase of any work by a party other than the Gallery, title shall pass directly from the Artist to the other party. • In the event of the purchase of any work by the Gallery, title shall pass only upon full payment pay- ment to the Artist of all sums due hereunder. • The Gallery agrees not to pledge or encumber any works in its possession, not to incur any charge or obligation in connection herewith for which the Artist may be liable. Initialed by The Artist and Gallery Gallery.

COPYRIGHT AND SECURITY INTEREST. The Gallery shall take all steps necessary to ensure insure that the Artist’s copyright of the consigned works is protected, including but not limited to requiring copyright notices on all reproductions of the works used for any purpose whatsoever. • Title to and a security interest in any works consigned or proceeds of sale under this Agreement are reserved to the Artist. • In the event of any default by the Gallery, the Artist shall have all the right of a secured party under the Uniform Commercial Code and the works shall not be subject to claims by the Gallery’s creditors. • The Gallery agrees to execute and deliver to the Artist, in the form requested by the Artist, a financial statement and such other documents that the Artist may require to perfect its security interest in the works. • In the event of the purchase of any work by a party other than the Gallery, title shall pass directly from the Artist to the other party. • In the event of the purchase of any work by the Gallery, title shall pass only upon full payment to the Artist of all sums due hereunder. • The Gallery agrees not to pledge or encumber any works in its possession, not to incur any charge or obligation in connection herewith for which the Artist may be liable. Initialed by The Artist and Gallery Gallery.

COPYRIGHT AND SECURITY INTEREST. The Gallery shall take all steps necessary to ensure that the Artist’s copyright of the consigned works is protected, including but not limited to requiring copyright notices on all reproductions of the works used for any purpose whatsoever. • Title to and a security interest in any works consigned or proceeds of sale under this Agreement are reserved to the Artist. • In the event of any default by the GalleryLeasee, the Artist Gallery shall have all the right of a secured party under the Uniform Commercial Code and the works shall not be subject to claims by the GalleryLeasee’s creditors. • The Gallery agrees to execute and deliver to the ArtistLeasee, in the form requested by the ArtistLeasee, a financial statement and such other documents that the Artist may require to perfect its security interest in the works. • In the event of the purchase of any work by a party other than the Gallery, title shall pass directly from the Artist to the other party. • In the event of the purchase of any work by the GalleryLeasee, title shall pass only upon full payment to the Artist Leasee of all sums due hereunder. • The Gallery Leasee agrees not to pledge or encumber any works in its possession, not to incur any charge or obligation in connection herewith for which the Artist Gallery may be liable. Initialed by Artist and Gallery .