This contract is for a license to share STR data with Tourism Economics. The agreement is between STR, LLC, Tourism Economics, LLC, and Pinellas County, through its Convention & Visitors Bureau. The license granted is non-exclusive, worldwide, non-transferable, and perpetual, allowing the licensees to utilize the licensed materials for specific purposes. The contract includes terms and conditions for the use of the licensed materials, disclaimers, limitations of liability, and indemnification. The scope of work involves the sharing of destination reports and the use of the data for internal business purposes. Key points to consider are the perpetual term of the contract, the 30-day termination notice, and the limitations of liability.
• The contract has a perpetual term with a 30-day termination notice.
• The licensees are restricted from using the licensed materials in any way that is not permitted by the agreement.
• The contract includes disclaimers and limitations of liability for both parties.
• The agreement requires indemnification for any claims or damages arising from the unauthorized disclosure or misuse of the licensed materials.
• The contract is governed by the laws of the State of Tennessee.