Brief for the United States (1914)

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58 PART IV. licensed exchanges. This paragraph (Xo. 12) in effect prevents the rental exchanges from subleasing pictures to a new exhibitor until that exhibitor has received the approval of the Patents Co. ; by it the latter company is enabled to determine who shall become an exhibitor. (8) The licensor agrees that before licensing any person in the United States to lease licensed motion pictures from licensed manufacturers — i. e., to be a rental exchange — it will exact from each such licensee an agreement similar in terms to the present agreement. (Condition 16.) (9) The licensor may terminate the agreement on 14 days' written notice to the licensee of its intention so to do, or immediately upon breach of any of its conditions. (Condition 19.) (10) The terms and conditions of the license may be changed at the option of the licensor upon 14 days' written notice to the licensee. (Condition 20.) (11) The exchange shall return to each licensed manufacturer on the first day of every month, commencing seven months from the first day of the month on which the agreement is executed, an amount of positive motion-picture film in running feet equivalent to that obtained the seventh preceding month. (Condition 9.) (12) The leasing prices are stated in the agreement. (Condition 20.) These heeome the same forever// rnital e.rclutuqr in the United States,