Intellectual Property Policy
Last Updated: 1st of February 2024
Purpose:
This policy defines ownership rights and usage permissions for creative assets developed by Koat Agency for clients. It ensures clarity, protects both parties, and fosters productive collaboration.
Ownership:
Client-commissioned work: The client owns all intellectual property (IP) rights to creative assets explicitly commissioned and paid for, including logos, designs, websites, marketing materials, etc.
Pre-existing work: Koat Agency retains ownership of IP rights for pre-existing assets, such as stock photos, templates, or software used in the project. Clients acquire a limited usage license for these assets based on the specific project scope.
Work-for-hire: In rare cases, where explicitly agreed upon in writing, Koat Agency can act as a "work-for-hire" and assign ownership of copyright to the client for specific deliverables.
Usage Permissions:
Client-owned IP: Clients have the right to use their commissioned assets for their intended purpose and promotional activities. Unauthorized modifications or redistribution are prohibited.
Koat Agency's pre-existing work: Clients only have the right to use these assets within the specific project scope. Modification or use outside the agreed-upon context requires separate licensing agreements.
Trademarks and service marks: Client logos and trademarks remain their exclusive property. Koat Agency retains ownership of its logos and trademarks.
Exceptions and Special Cases:
Collaborative projects: For joint ventures or co-created intellectual property, ownership and usage rights will be explicitly defined in a separate agreement.
Open-source contributions: Koat Agency may use open-source components in projects, subject to their respective licensing terms.
Third-party content: Usage of third-party content requires obtaining separate licenses and ensuring compliance with their terms.
Responsibilities:
Koat Agency: We will clearly communicate ownership rights and usage permissions before project commencement. We will respect client ownership, maintain accurate records, and provide access to source files upon request.
Client: The client is responsible for understanding and adhering to these terms. They must obtain necessary licenses for third-party content and notify Koat Agency of any potential IP conflicts.
Dispute Resolution:
Koat Agency strives to collaborate effectively and avoid disputes. However, if any disagreements arise, they will be resolved amicably through negotiation or, if necessary, through legal channels.
Additional Notes:
This policy is subject to change at any time, and we will notify you of any updates.
Specific project agreements may supersede this policy, provided they are signed by both parties.
For questions or clarifications, please contact us at [email protected]
Koat Agency fosters transparency and mutual respect with clients regarding intellectual property, ensuring a smooth and productive creative partnership.