Royalty-free Commercial Use with Watermark
The owner (“Owner”) of the copyrighted photograph or video being purchased (the “Work”), hereby grants you the non-exclusive, non-assignable, non-sublicensable, and perpetual right to use, reproduce, and distribute the copyrighted Work and to incorporate the copyrighted Work, in whole, into derivative works for sale and distribution.
You are prohibited from using the Work for any other purpose, including: selling or distributing electronic copies of the Work as standalone files or as part of a product from which a person is able to extract the Work as a standalone file; distributing the Work in or as part of an electronic template (e.g., as an image available in a word processing or web page creation application) intended to be reproduced by third parties on electronic or printed products; or using the Work as part of a trademark, service mark or logo.
Owner retains all other rights in the Work and any derivative work, including without limitation, the right to use, copy, sell, license, and distribute copies of the Work in all markets and territories. Owner also retains the right to revoke any license if the Work is not used in whole including the watermark applied by the Owner.