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Playstock Contributor Terms of Service

Article 1. Purpose

The following Contributor Terms of Service is a legal agreement between you and “Playstock” (hereinafter: the “Company”) owned and run by tripClip Co. Ltd. The agreement settles the terms and conditions regarding the use of online service and application of Playstock, inclusive of the rights and responsibilities between the company and contributor, and other regulations necessary to the use of the website http://playstock.net/ (hereinafter: the “Site”). The agreement also decides information necessary to contributors such as intellectual property rights and ownership, prohibitive provisions, and rights to use regarding Content submission on Site.

Article 2. Definition

The definitions in Contributor Terms of Service are in accordance with Terms of Service above.

Article 3. Use Agreement

  1. The Use Agreement comes into effect when an individual, with the intent to become a “Contributor”, is familiar with the Contributor Guide and Tutorial, agrees to the clauses of the Terms to the Service, and verifies their information AND the Company approves of this decision.
  2. By submitting content to the Site, you agree to all the terms in this agreement. Such applies to all Content you submit hereafter.
  3. For the sake of clarity, this agreement is applicable while your account is valid, and when you submit Content onto the Site.
  4. By registering to the Site and providing your email address, it is understood that you agree to receiving new information, notification, record of Contributor performance and activity through said email address.

Article 4. License Agreement

  1. By agreeing to this agreement, the Company has the authority to use, sell, and mediate Content that you upload and submit.
  2. Refer Article 5 “Rights to Use” for more details on permissible areas for Content use.
  3. Licenses issued by Playstock for any of your Content that is later removed by yourself will remain in full force and effect in perpetuity.

Article 5. Rights to Use

  1. Content uploaded by Contributors may be used for following commercial purposes.
  1. Individual work for uploading on YouTube and/or other online video-sharing platforms
  2. Advertisement or promotional video for individual, product, and/company
  3. Motion graphic backgrounds
  4. News and other referential videos used in journalistic contexts
  5. Other commercial or non-commercial purposes
  1. Your content may be marketed on social media platforms including Facebook, Twitter, Instagram and other similar sites and the applications related thereto by the Company, for the Company itself and/or the Content available on Site.
  2. Users may purchase and download Contributor’s Content for the purposes stated in 5.1 at any point of their subscription.

Article 6. Intellectual Property

The copyrights in all Content available on the Site remain with the copyright owner, and nothing in the TOS and the Contributor TOS shall be construed as a transfer of copyright to Playstock.

Article 7. Restrictions in Content Submission

  1. You may not upload or submit your Content if it contains the following:
  1. Infringement of copyright, intellectual property laws, and other rights such as portrait right
  2. Material that is pornographic, defamatory or deceptive, or in a manner that could be considered libelous, obscene, or illegal in nature
  3. Portrayal of discrimination, bigotry, racism, hatred, harassment or harm against any individual or group
  4. Portrayal of violence and threat or promoting violence or actions that are threatening to any other person
  5. Animal abuse and/or violence towards animals
  6. Deceptive or misleading advertisement and/or encouragement of unjust competition
  7. Trademark, symbol, service mark, logo, and/or other related graphics
  8. Clips of multimedia work that has been previously distributed through theaters, television, and/or OTT media service (eg. Netflix, Hulu, Amazon, etc)
  9. Other insignificant, personal Content that the Company deems is misfit for the Site
  1. Content that violates any right such as (but not limited to) portrait rights and/or property rights is forbidden for submission.
  2. You bear full responsibility for any complication with the Content for the reasons above, and the Company is not liable for this issue.
  3. You bear full responsibility for any complication arising from providing incorrect or misleading information and/or not fully taking into consideration the Contributor Guide (including Tutorial) while making a submission, and the Company is not liable for this issue.
  4. The Company is not obligated to provide individual reasons for a denied submission in accordance with the criteria specified in Article 7.

Article 8. Portrait and Property Right Policy

  1. The Company respects all rights including portrait and property rights.
  2. You must obtain these rights, including portrait and property rights, for all Content they produce, through the form of model and/or property release.
  3. By registering, you agree that you possess all rights such as, but not limited to, portrait and property rights of the Content according to the Terms.
  4. You must avoid violating any of these rights at all costs.
  5. The Company may require additional requests regarding Content rights. These would come in the form of model and/or property release or a separate contract during submission.
  6. The Company may remove any Content whose rights seem dubious or questionable at any time. You are responsible for all matters arising out of omission of rights, and the Company will not take any liability.

Article 9. Editorial Content

  1. Content designated for “Editorial Use Only” cannot be used in any commercial context for the following reasons:
  1. It contains a public figure (celebrity, athletes, politicians, etc)
  2. It contains subjects with no model release obtained
  1. It contains logo, service mark and/or trademark with no property release obtained
  1. It is filmed in a private or registered property with no property release obtained (eg. building interiors, performance stage)
  2. It contains advertisement, product, service, packaging being used in commercial contexts
  1. “Editorial Use Only” Content can be used for following:
  1. Journalistic purposes including news articles
  2. Other newsworthy contexts
  3. Other non-commercial purposes
  1. If the Content is used in news report, new commentary, related publications and/or other “Editorial” context, credit must be given in the following format: “NAME OF CONTRIBUTOR/playstock.net”
  2. If the Company deems that there is an issue with any rights (eg. portrait, property rights) with the Content you upload, the Company may designate it as “Editorial Use Only” or require you to change so.

Article 10. Earnings

  1. Downloaded Content will be compensated in cash to you in accordance with the Company policy. Online payment processing services, such as Paypal and Payoneer will be used.
  2. You must provide accurate and complete information the Company requires if you wish to be compensated for your sold Content. The Company may additionally request relevant material if above information is incorrect or insufficient.
  3. Any user who fails to provide accurate and sufficient information required for the Company to deliver royalties from their Content may not be compensated even if their Content has been sold, and the amount that has not been issued will be returned to the Company during year-end adjustments.
  4. The Company deducts the amount of commission according to the Company’s commission rate from all earnings.
  5. Payment of royalties is legally completed when the Company transfers the relevant amount to your Paypal/Payoneer or your designated bank account.
  6. You are responsible for all additional fees (eg. taxes, levies, imposts, duties, currency exchange costs, or other similar charges that are imposed on the payments) that occurs in this process.
  7. The Company may automatically charge taxes within any jurisdiction that it deems is required, according to the tax treaty of National Tax Service. The country you indicate during registration shall be considered your country of residence for tax purposes.
  8. In cases where the Company has to charge indirect tax, such as sales tax, VAT, product and service tax, you are responsible for all payment of these expenses. If you reside in a jurisdiction it is the recipient’s responsibility to collect and assess taxes, you will self-assess for relevant taxes and meet all associated compliance requirements to pay as such.

Article 11. Correction, Cancellation, and Expiration of Earnings

  1. You may request a correction within 90 days if there is an error in the earnings that you have been issued. The Company must respond appropriately within 90 days from the day the request has been made, on the grounds that the request is reasonable.
  2. Playstock shall have the right to retain any unissued royalties and/or other compensation when you terminate your account.
  3. If the Company makes an overpayment of royalties or other compensation to you for any reason, the Company shall have the right to deduct the amount of such overpayment from your accrued royalties or to demand the immediate repayment of such overpaid royalties or other compensation.
  4. Any Content uploaded through the pre-launch (Upload Bonus) event cannot be removed, and in cases where you suspend your account for personal reasons the Company has the right to retrieve the previously issued Upload Bonus payment.

Article 12. Interpretation of Terms

  1. Any clauses not settled in the Contributors TOS will be referred to the TOS.
  2. In the event of any conflict between these Contributor TOS and the TOS, the Terms of Service shall prevail.

Effective August 2020