Hi there. New indie here.
I've been following StockCube's Independence Blog for formerly exclusive iStockers who are taking the plunge as independents (I am one of these folks). She highlighted today a possible turnoff in the 123RF Photo Contributor Agreement.
Reference:
http://stockcube-stockcube.blogspot.com/2011/01/new-agencies.htmlCan anyone here shed a little expert light on this?
Point 3 under Indemnity states: "You agree to fully defend and indemnify 123RF, its employees, directors, and officers, and anyone else associated with 123RF, and each of their successors, licensees, and assigns free and harmless from any and all claims, liabilities, costs, losses, damages, or expenses, including attorneys' fees and expenses, arising from the breach of the warranties you so grant in Clause 10: Copyrights and Warranties."
Source:
http://www.123rf.com/submit/agreement.phpOn first read, that seems pretty scary. Do I really want to risk having to cough up potentially huge sums of money if there is a "breach of the warranties I so granted" in Clause 10? And how likely is that?
Upon reading Clause 10, I can't see breaking the rules. So is there anything, then, to worry about?
Does this point cause sleepless nights to 123RF contributors, or is it just 123RF covering their behind and so long as you adhere to the points in Clause 10 when you submit photos, you have absolutely nothing to lose sleep over?
Confused. Hope you can unconfuse me and put me at ease with submitting here. Advance thanks for your thoughts.