Video Value-Added Agreement

This Value-Added Program Agreement (“Agreement”) is entered into between you (“Contributor”) and Pulsatrix Private Limited, a North Macedonia company (“Pulsatrix”). In consideration of the mutual promises herein contained and other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, Pulsatrix and Contributor hereby agree as follows:

1. Definitions

Term Used/ Meaning

Content:

  • Individually and collectively, any digital content, including photographs, illustrations, vector files, video files, audio files, animations, 3D models, flash files, data files, project files and templates, code snippets, software and other material that are uploaded or submitted by Contributor to Pulsatrix and accepted by us for inclusion into our Library.

Value-Added Content:

  • Individually and collectively, any digital content, including photographs, illustrations, animations, films or video footage, music and other audio files, 3D models, data files, project files, and templates, other audio/visual works or other material that are generated from the Content.

2. Contributor grants to Pulsatrix the right, but not the obligation to generate Value-Added Content from the Content.

3. Contributor agrees that all the Value-Added Content will be identified as the content that is uploaded or submitted by Contributor to Pulsatrix and applies to the terms of the Contributor Agreement.

4. Value-Added Content that is generated from Contributor’s Content shall be published in the marketplace of Pulsatrix’s subscription plan for at least one year.

Updated 01 November 2019