Common use of VIDEOGRAMS Clause in Contracts

VIDEOGRAMS. In consideration of the payment of the sum of Two Thousand Five Hundred Dollars U.S.($2,500.00) per Composition to be paid by Production Company to Owner prior to commencement of sales of any Motion Picture Videogram (as defined below) copies, which, in turn, contain a master recording of said Composition(s) recorded in synchronization or timedrelation with the images in said Motion Picture, Owner hereby grants to Production Company, throughout the universe, the following non-exclusive rights in perpetuity: 5.2.3.1. To cause and authorize the fixing of any one or all of the Compositions as recorded in synchronism or in timed-relation with any Motion Picture and/or in the soundtrack of any Motion Picture, in any media or format now known or hereafter devised, on so-called “audiovisual devices” embodying all or substantially all of the Motion Picture, including but not limited to videocassettes, DVD’s, Blu-Ray discs, digital and other downloads (whether permanent or ephemeral), etc., which are intended primarily for home use (“Motion Picture Videograms”); and 5.2.3.2. To manufacture and distribute Motion Picture Videograms to the general public for “home use” that reproduce all or substantially all of the Motion Picture embodying the fixed Composition(s). 5.2.4.

VIDEOGRAMS. In consideration of the payment of the sum of Two Thousand Five Hundred Dollars U.S.($2,500.00) per Composition to be paid by Production Company to Owner prior to commencement of sales of any Motion Picture Videogram (as defined below) copies, which, in turn, contain a master recording of said Composition(s) recorded in synchronization or timedrelation with the images in said Motion Picture, Owner hereby grants to Production Company, throughout the universe, the following non-exclusive rights in perpetuity: 5.2.3.1. To cause and authorize the fixing of any one or all of the Compositions as recorded in synchronism or in timed-relation with any Motion Picture and/or in the soundtrack of any Motion Picture, in any media or format now known or hereafter devised, on so-called “audiovisual devices” embodying all or substantially all of the Motion Picture, including but not limited to videocassettes, DVD’s, Blu-Ray discs, digital and other downloads (whether permanent or ephemeral), etc., which are intended primarily for home use (“Motion Picture Videograms”); and 5.2.3.2. To manufacture and distribute Motion Picture Videograms to the general public for “home use” that reproduce all or substantially all of the Motion Picture embodying the fixed Composition(s). MUSICAL OPTION & PURCH. AGREEMENT – OPENING NIGHT ENTERPRISES, LLC/O’DANIEL, MANZAY, MXXXXX/ONCE UPON A RHYME 12 5.2.4.