This Agreement was last updated on April 15, 2018.

THE MAIN TERMS OF THE AGREEMENT IN A NUTSHELL:

1. IVA RTV Music Service is an interactive online music radio and TV service free to end users designed for promotion of independent artists and labels. 2. IVA RTV Music Service's mission is to help its clients reach out to as many people around the world as possible providing the best service for every music lover to watch and listen to. 3. You, as Licensor, confirm that you have permission to upload all of Your content and make it available worldwide (without restriction) or have obtained permission from the relevant rightsholder(s). 4. IVA RTV Music Service does not claim any ownership rights in Your content. You will continue to own Your content and can use it in any way that You choose. 5. You can terminate this Agreement at any time by Your requiring that we remove Your content from IVARTV.com. IVA RTV Music Service can terminate this Agreement at any time by removing Your content from IVARTV.com due to Your prospective violation of this Agreement.

THE PARTIES AGREE AS FOLLOWS:

This Agreement sets out the terms and conditions agreed between You and IVA RTV Music Service on the basis that IVA RTV Music Service intends to make Your music available over the Internet. You own or have the right to exploit and to grant a worldwide licence to IVA RTV Music Service to use the sound recordings, videos, lyrics and any performance of any artist and/or performer embodied in Your track or video, together with any metadata, artwork, images, lyrics and sleeve notes which You upload and provide to IVA RTV Music Service (together, "Your Content").

1. GRANT OF LICENCE

1.1 Your Content By uploading Your Content, You grant to IVA RTV Music Service a non-exclusive licence (including the right to sub-license for all purposes related to the IVA RTV Music Service and its affiliated services) throughout the world.

1.2 Reserved Rights

All rights and licences not expressly granted to IVA RTV Music Service under this Agreement are reserved by You. Ownership of Your Content shall remain with You or Your licensors.

2. DELIVERY

2.1 You shall deliver to IVA RTV Music Service:

(a) Your Content, including copies of the master versions of Your Content from which IVA RTV Music Service shall be entitled to make copies for the purpose set out in this Agreement;

(b) All necessary, related artwork for use by IVA RTV Music Service in connection with the marketing and promotion of Your Content;

(c) A written schedule of the names and contact information of the author(s), composer(s) and/or music publisher(s) and performers of the songs and videos embodied in Your Content, together with any additional copyright information and metadata in Your possession or under Your control relating to such songs and Your Content; and

2.2 IVA RTV Music Service requires the information set out above to ensure that Your music is displayed correctly.

2.3 IVA RTV Music Service may encode or transcode Your Content as required.

2.4 You can deliver Your Content and the material set out through digital uploads or if agreed with IVA RTV Music Service, some other form of digital carrier.

3. TERM

3.1 This Agreement shall commence on the very date that You upload any of Your Content using the facility on the IVA RTV Music Service, and shall continue until such time as You or IVA RTV Music Service terminate this Agreement if:

(a) You require from us to remove Your Content from the IVA RTV Music Service; or (b) IVA RTV Music Service removes Your content on its own due to Your prospective violation of this Agreement.

3.2 Following termination of this Agreement, IVA RTV Music Service may retain on a confidential basis one copy of any correspondence, information or data provided by You to IVA RTV Music Service in order to comply with legal or regulatory requirements and/or internal document retention policies as well as any and all: (i) e-mails and any attachments contained in such e-mails; and (ii) any electronic files, each of which are automatically saved.

4. REPRESENTATIONS AND WARRANTIES

4.1 You represent, warrant and undertake to IVA RTV Music Service that: (a) the information that You have provided when uploading your tracks and videos is true, accurate, current, complete and is compliant with the Terms of Use; (b) You are the owner or authorized licensor of Your Content throughout the world and have obtained all necessary rights, clearances, consents, releases, waivers, and authorizations in respect of Your Content; (c) You have full right and authority to enter into this Agreement and grant the licence in clause 1.1; (d) There is no present or prospective claim or litigation in respect of Your Content; (e) The use by IVA RTV Music Service of Your Content shall not infringe the rights of any third party; (f) You have cleared all rights (including in the form of waivers of all moral rights, neighbouring rights or similar rights held anywhere in the world from any contributor to Your Content) and made all payments due to any performing artist, collecting society, producer or contributor to Your Content (including but not limited to music synchronisation clearances and fees, where applicable), that such payments are equitable in accordance with relevant legislation and that no further payments shall be payable by IVA RTV Music Service; and (g) Your Content will not contain any contaminated file, viruses, worms, Trojan horses or other similar harmful or destructive code or program.

4.2 IVA RTV Music Service warrants that it has the full right and authority to enter into this Agreement.

5. INDEMNITY

You hereby indemnify and will at all times keep IVA RTV Music Service and its parents, subsidiaries and affiliates fully and effectively indemnified from and against any and costs, claims, demands, investigations, liabilities, losses, damages, judgments, settlements, costs and expenses whatsoever, including attorneys' fees arising out of or in connection with this Agreement, made against or incurred by IVA RTV Music Service in consequence of any actual or alleged breach or non-performance by You of any of Your representations, warranties, undertakings or covenants, or Your violation of any material term or condition, contained in this Agreement. You agree to fully cooperate and act reasonably as required by IVA RTV Music Service in the defence of any claim. Notwithstanding the foregoing, IVA RTV Music Service retains the exclusive right to settle, compromise and pay any and all claims, demands, proceedings, suits, actions or causes of actions which are brought against IVA RTV Music Service.

6. ROYALTY SHARE

IVA RTV Music Service is an online music radio and TV service free to end users currently operating on an ads-free basis. No revenues are generated by any 3rd-party during the airplay on IVARTV.com/tv.html or IVARTV.com/radio.html. The only profit made is that from paying the upfront fees for audio and video promotion on IVA radio and television. If Licensee happens to include any ads into IVA RTV Music Service, it is obligated to notify Licensors on this update and split the revenues generated by ads between IVA RTV Music Service and Licensors accordingly. Licensors may by no means engage individuals, private or public companies or non-profit organizations to collect royalties on their behalf. Any revenue share is solely and exclusively defined by this Agreement and a direct deal between IVA RTV Music Service and the licensors governed by an agreement signed and accepted as such by IVA RTV Music Service and the licensors.

7. ONGOING AGREEMENTS

A licensor, who has already signed an ongoing music distribution and/or promotion deal with VIDYPS 79 and/or one of its subsidiaries, has the right to get one of his videos and/or songs promoted for free on IVA RTV Music Service even without signing a new contract with IVA RTV Music Service.

8. ABUSE OF IVARTV.COM

By using the service, You agree that You shall not do or cause anything to be done that causes You to receive an unfair advantage or unjust revenue or in any way prejudices the operation of IVA RTV Music Service or any part of it. In particular, You will not authorise, enable or engage in any activity which is or is intended to be fraudulent, unlawful, false or which artificially alters any information on or relating to IVA RTV Music Service, including (by way of example) falsifying your personal information, falsifying the number of site impressions, uploading unauthorized content, uploading content that is already licensed to IVA RTV Music Service or uploading duplicates of Your Content. IVA RTV Music Service reserves the right, but is not obligated, to delete, move or edit Your Content and any information relating to Your Content uploaded through IVA RTV Music Service, in whole or in part, in our sole discretion. IVA RTV Music Service reserves the right to suspend or terminate Your access to the IVA RTV Music Service Website with immediate effect and without notice to You, and to pursue all legal remedies if IVA RTV Music Service believes, in its sole discretion, that You are in breach of any part of this clause.

9. DEMONSTRATIONS

You agree that IVA RTV Music Service may use Your Content to demonstrate the functioning of IVA RTV Music Service, provided that IVA RTV Music Service shall not use Your Content as a direct product endorsement.

10. RELATIONSHIP

You acknowledge and agree that this Agreement sets out the business relationship between You and IVA RTV Music Service. The business relationship between You and IVA RTV Music Service is of Licensor and Licensee and nothing in this Agreement shall be construed: (i) to give either party the power to direct or control the daily activities of the other party; or (ii) to constitute the parties as principal and agent, employer and employee, franchisor and franchisee, partners, joint venturers, coowners, or otherwise as participants in a joint undertaking.

11. NO OBLIGATION

You acknowledge that IVA RTV Music Service may change the scope of its services from time to time and without notice to You. IVA RTV Music Service shall be under no obligation to stream or otherwise use Your Content.

12. MISCELLANEOUS

All notices or other communications required under this Agreement shall be given by email to the relevant party at the email addresses stated below and shall be deemed to have been given on the date that the email is read by the recipient (evidenced by a read receipt automatically sent to the sender).

IVA RTV Music Service: CONTACT US

You: The email address supplied by You when You registered to use the IVA RTV Music Service.

Nothing in this Agreement shall confer or purport to confer on any third party any benefit or the right to enforce any term of this Agreement.

If any provision of this Agreement (or part of any provision) is found by any court or other authority of competent jurisdiction to be invalid, illegal or unenforceable, that provision or part of such provision shall, to the extent required, be deemed not to form part of this Agreement, and the validity and enforceability of the other provisions of this Agreement shall not be affected.

This Agreement is governed by and shall be construed in accordance with the law of Republic Of Serbia and in the event of a dispute the parties shall submit to the exclusive jurisdiction of the Serbian Courts.

IVA RTV Music Service may, at its sole discretion, make changes to this Agreement at any time and will post any changes on this page. In certain circumstances, IVA RTV Music Service may send an email to You notifying You of the change. You should, however, check this Agreement from time to time to ensure You are aware of any changes.

If You find any change unacceptable, You should terminate this Agreement by having Your Content removed from IVARTV.com having notified IVA RTV on your decision. Failure to terminate this Agreement by removing Your Content following any change shall constitute Your acceptance of the new terms and conditions of this Agreement.

THIS AGREEMENT SETS OUT THE TERMS AND CONDITIONS GOVERNING THE USE OF YOUR CONTENT ON IVA RTV MUSIC SERVICE. IF YOU ARE UNSURE ABOUT ANY OF THESE TERMS AND CONDITIONS YOU ARE ADVISED TO OBTAIN INDEPENDENT LEGAL ADVICE BEFORE ACCEPTING THEM.