Asset Ownership Agreement

Effective Date: 10-4-2025

Parties:
Creator: Allison Lacey, CosmicOasis424
Client: Cobblemon Vulkan, Jetex

1. Definitions

“Assets” refers to all models, textures, animations, sounds, music, art, and other creative works created by the Creator for the Halloween Gummi Bear Teddiursa line.

2. Assignment of Rights

The Creator hereby assigns, transfers, and conveys to the Client all worldwide rights, title, and interest in and to the Assets, including but not limited to the following:

Copyright: {Yes}
Related Rights: {Yes}
Reproduction Rights: {Yes}
Non-Commercial Distribution Rights: {Yes}
Commercial Distribution Rights: {Yes}
Display: {Yes}
Modify: {Yes}
Sublicense: {Yes}
Exclusivity: {Yes}

2.1 Copyright
If "Yes," the Creator assigns to the Client the exclusive legal ownership of the Assets, including the right to register copyright in the Client’s name. The Creator waives any claim of ownership, except as may be reserved in writing.

2.2 Related Rights
If "Yes," the Creator assigns all related intellectual property rights (including moral rights, neighboring rights, and performer’s rights where applicable) to the Client. The Creator agrees not to enforce moral rights against the Client.

2.3 Reproduction Rights
If "Yes," the Client may reproduce the Assets in whole or in part, in any medium (digital, print, physical products, etc.) without restriction.

2.4a Non-Commercial Distribution Rights  
If "Yes," the Client may distribute the Assets freely for non-commercial purposes, including but not limited to community use, educational use, internal testing, free promotional releases, or similar contexts where no direct monetary gain is received.

2.4b Commercial Distribution Rights  
If "Yes," the Client may distribute the Assets commercially, including but not limited to online purchases, subscription services, merchandise, or other revenue-generating products or services. The Client may sell, license, or otherwise profit from works containing the Assets.

2.5 Display Rights
If "Yes," the Client may publicly display, present, or perform the Assets, including showcasing them in games, trailers, marketing materials, livestreams, or other media.

2.6 Modification Rights
If "Yes," the Client may adapt, edit, alter, or create derivative works of the Assets without restriction.

2.7 Sublicense Rights
If "Yes," the Client may sublicense, assign, or transfer the granted rights to third parties (e.g., publishers, platforms, partners).

2.8 Exclusivity
If "Yes," the Client holds exclusive rights to the Assets, and the Creator may not reuse, resell, or redistribute them in any form without written consent of the Client. 

3. Compensation

The Client agrees to compensate the Creator as follows:
3.a Standard Payment  
Unless otherwise agreed, the Client shall pay the Creator a flat fee of $5 USD for the completed Assets delivered under this Agreement. This payment shall be made after the scope of work is discussed, and prior to any requested work being done.

3.b Negotiated Payment  
Prior to the submission of the Assets, the Creator reserves the right to propose an alternative payment amount. Any such negotiated payment must be agreed upon in writing by both the Creator and the Client before submission. In the event of such agreement, the negotiated payment shall supersede the Standard Payment.

Negotiated Payment Amount: [$X.XX]

3.c Payment Schedule  
Unless otherwise agreed, Negotiated Payment is due within thirty (30) days of delivery of the Assets and acceptance by the Client.

4. Representations and Warranties

The Creator represents and warrants that:

The Assets are original works created by the Creator.

The Creator has the full power and authority to assign ownership of the Assets.

5. Entire Agreement

This document represents the full and complete agreement between the parties regarding the Assets.

Signed:

Allison Lacey, CosmicOasis424