An agreement granting a third party a license to use trademarks, copyrights, or other intellectual property (IP) or personal rights in a character, film, television program, or other artistic property for the creation, distribution, marketing, and sale of interactive entertainment products for console, handheld, or PC videogame platforms. While drafted in favor of the licensor, this Standard Document aims to be reasonable and contains provisions that are common to negotiated interactive entertainment license agreements. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.