Youtube Account Transfer Agreement

YOUTUBE ACCOUNT TRANSFER AGREEMENT
This Social Media Account Transfer Agreement (“Agreement”) is made this ______
day of __________________________ 2024 (the “Effective Date”), by and between
6th Sense Movies Production Limited, with offices at Plot 2107 Tafawa Balewa
Way Garki Area 3 Abuja (“Buyer”), Micheal Ogbu of No 7 Panama Street off IBB
Way, Maitama Abuja (“Partner”) and Nwafor Izuchukwu, an individual domiciled
with address at No 23 Chukwufunanya Stret, Back of NTA Asaba Delta (“ Seller”).
WHEREAS, Seller has control of a YouTube account listed in Exhibit A (“The

Account”); and WHEREAS, Seller and Buyer desire that Seller sell to Buyer, and
Buyer purchase from Seller the entire right, title, and interest in the Account, and any
associated intellectual property rights.
NOW, THEREFORE, in consideration of the mutual promises of the parties, and for
good and valuable consideration, it is agreed by and among the parties as follows:
1. Transfer of Rights in Account: Seller hereby transfers and assigns to Buyer
all of the right, title and interest in and to the Account. Buyer will initiate an
online Transfer transaction to the account of the seller after transfer to the
Buyer, the valid user name and password for the Account, along with any other
information necessary to transfer the Account to the control of Buyer.
2. Other Rights: Seller hereby transfers to Buyer, and acknowledges Buyer’s

rights in, all intellectual property rights in the Accounts and any content
included therein, including without limitation rights in the trademarks,
copyright, trade names, services marks, and associated goodwill (collectively,
“Intellectual Property Rights”). Seller shall not enforce or attempt to enforce
against Buyer any rights it may have in or that relate to the Account or the
Intellectual Property Rights.
a) The seller shall be entitled to a revenue of 7% of any generated income
from the YouTube channel for the first six months of signing this
agreement and shall manage the said account for the said period subject
to a further review at the expiration of the first 6 month period.
b) The partner shall be entitled to a revenue of 15% of any generated
income from the YouTube channel.
c) The buyer shall at al material time have access to the account being
manage within the 6 month period.
3. Consideration: Buyer shall pay Seller N800,000 (Eight Hundred Thousand
Naira) via any acceptable means of fund transfer.
4. Representations and Warranties: For the Account, Seller represents and

warrants to Buyer that:
(a) Seller is the sole lawful owner of and has good and marketable title to the
Account free and clear of any and all liens and encumbrances;
(b) Seller has not licensed the Account or the Intellectual Property Rights to, or
otherwise allowed or enabled the use of the Account or the Intellectual
Property Rights by any other person or entity, or granted any right with respect
to the Account or the Intellectual Property Rights to any other person or entity
that may, in any manner, restrict, impede or adversely affect Buyer’s rights
therein; (c) Seller has full legal right, power and authority to sell, assign and
transfer the Account or the Intellectual Property Rights;
(d) Seller does not currently know of and has no reason to know of any
third- party claim to any right, title, registration, or use of the Account or the In
tellectual PropertyRights;
(e) Neither Seller nor any agent of Seller is the owner of any accounts;
(f) Seller has not received notice of any claim by any third party that the
Account, content therein, or use thereof infringes any trademark, service mark,
copyright or other rights of any third party, and has not received any challenge
related to the use of the Accounts;
(g) The Accounts not been, and is not currently, the subject of any litigation,
claim, arbitration or other legal or quasi-legal proceeding;
(h) Seller will not challenge, interfere, solicit, encourage or assist others to
challenge or otherwise interfere with Buyer’s title, interest, right or use of the
Account or the Intellectual Property Rights;
(i) Seller has not executed any agreement in conflict with this Agreement;
(j) Seller’s use of the Accounts is and has been at all times in accordance will
all applicable law and the terms of service or terms of use of YouTube; and
(k) The information in Exhibit A is true and correct.
5. Further Assurances: Seller shall execute and deliver to Buyer such details for
login to perfect Buyer’s rights under this Agreement.
6. Confidentiality: Seller shall not disclose the terms of this Agreement or the
fact of its existence to any third party, except to business and legal advisors
acting under a duty of confidentiality, or as required by law.
7. General: This agreement will be binding upon and inure to the benefit of the
parties and their respective successors and assigns. This agreement sets forth
the entire agreement between the parties and supersedes any and all prior or
contemporaneous, written or oral agreements with respect to the subject matter
hereof. This agreement may be amended only in writing executed by each of
the parties. This Agreement will be governed by the law of the Federal
Republic of Nigeria, without regard to its conflict of laws principles. Any
dispute or claim arising out of or in connection with this Agreement or the
performance, breach or termination thereof, shall be finally settled by binding
arbitration before the Arbitration Panel of The multi Door Court House Abuja.
The arbitration will be conducted in the English language only. Judgment on
the award rendered by the arbitrators may be entered in any court having
jurisdiction thereof. Notwithstanding the foregoing, either party may apply to
any court of competent jurisdiction for injunctive relief without breach of this
arbitration provision.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the
date first above written
THE COMMON SEAL OF 6TH SENSE MOVIE PRODUCTION LTD &

PARTNER, “Within-named BUYERS” was affixed to this agreement and was duly
delivered in the presence of:
......................................... …………………………….
DIRECTOR MICHEAL OGBU (Partner)
THE SIGNATURE OF NWAFOR IZUCHUKWU, “within-named SELLER” was

affixed to this deed of assignment and was duly delivered in the presence of:
.......................................
NWAFOR IZUCHUKWU
Exhibit A
Account Name: Jim Iyke TV

Account Link: www.youtube.com/@jimiyketv
Account Subscribers: 113,000 Subscribers
THE COMMON SEAL OF 6TH SENSE MOVIE PRODUCTION LTD &

PARTNER, “Within-named BUYERS” was affixed to this agreement and was duly
delivered in the presence of:
......................................... …………………………….
DIRECTOR MICHEAL OGBU (Partner)
THE SIGNATURE OF NWAFOR IZUCHUKWU, “within-named SELLER” was

affixed to this deed of assignment and was duly delivered in the presence of:
.......................................
NWAFOR IZUCHUKWU

Youtube Account Transfer Agreement

Uploaded by

Copyright:

Available Formats

Youtube Account Transfer Agreement

Uploaded by

Document Information

Original Description:

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Youtube Account Transfer Agreement

Uploaded by

Copyright:

Available Formats

YOUTUBE ACCOUNT TRANSFER AGREEMENT

WHEREAS, Seller has control of a YouTube account listed in Exhibit A (“The

2. Other Rights: Seller hereby transfers to Buyer, and acknowledges Buyer’s

4. Representations and Warranties: For the Account, Seller represents and

THE COMMON SEAL OF 6TH SENSE MOVIE PRODUCTION LTD &

THE SIGNATURE OF NWAFOR IZUCHUKWU, “within-named SELLER” was

Account Name: Jim Iyke TV

THE COMMON SEAL OF 6TH SENSE MOVIE PRODUCTION LTD &

THE SIGNATURE OF NWAFOR IZUCHUKWU, “within-named SELLER” was

You might also like